FourthStreet Consultants

All Set,

Our Doors are Always Open For Your Training and Consultation Needs.

Hey Traders,

It's a new week with new opportunities & possibilities.

We're breaking down the three Checkpoints before executing a trade;

1. Direction; Must be aligned with the Longterm Trend of the Daily.

2. Timing; Your entry should be guided by market structure, to ensure maximum RR and minimise premature stoppage.

3. Size: Your trade size should be a small predetermined percentage of your capital, one to two percent, to ensure survival and emotional/psychological stability while your trade runs.

Always have a System/Rules in place that you follow strictly to the T!

Wishing you a pipful week ahead!

The Biggest attribute that a trader can develop and adopt on a day to day basis is having a calm mind.

Listen Soldier,

Assuming you aren't a charlatan, let's agree that on a basic level, you don't know what is going to happen next on the charts.

Completely eliminate the idea of wanting or needing this trade to work now. Your mind is wired to crave control of the outcome of your actions, why we have whole careers making their bread out there. But in this jungle, certainty is an illusion, your enemy of progress.

I have witnessed with my naked eyes as trades i could have sworn with my own life were destined winners quickly turn and head fast like a headless chicken for my stop loss, as if they were out to prove a point. And I have been left speechless to watch trades shy of 2 points from my stop loss not only turn and head for my tp, but surpass it by far.

So no, you don't know the outcome of this trade. Give up the idea of certainty, and get your freedom and peace that you solely need to make it in this business.

What you can count on,however, is the advantage of overall outcome over a hundred trades, that if you keep executing your edge, trade after trade, without breaking your rules, then you'll end up in the money with a good return.

That's it!

Is it Going To Be One Day?

Or DAY ONE!