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Ardice I'll be going over this system that I have created over my years in trading
And a lot of challenges
The system looks simple however
I advise you not to skip this video
Because Jessica said simple does not mean it's easy this system is perfect because it's not a high-risk high-reward
System it's also more of a risk-averse type of system that keeps you consistently profitable
Like I mentioned many times in the past
The Motto you want to have curly since allowed you guys are new and haven't made much money in this
Industry the motto is the goal is to survive not Thrive because in an industry where 95%
Just surviving is good enough to survive with driving
I was a very risky situation and that will leave you with very bad feeling psychology so let's get to it
The system now rule number one risk 0.5% 0.5% because if you risk
It gives you a decent returns
Example you have 100K account
And your whiskeys open Pakistan
You basically risking 500
More than 500
If you follow the system to close out
Add 1,000
Play making $1,000 a trade risking
Not that much
And that's beautiful a thousand dollars if you take a couple of good trade in the month
That can easily be to $3,000
So now imagine with a 20K account
USAJobs Point 5%
Arresting one key to make 2K now
As I mentioned before
My system doesn't require me to have 80% accuracy because that's
Very unrealistic in trading you guys
Most people are fooled by people in social media because they have to sell their courses they have to make themselves
Seem like they're on another level so people keep watching them realistically 70% accuracy is realistic
50% is pretty good and it's not that hard to attain
So say for example
You
When to trade in used to trade
And you keep the same risk as 0.5%
Is Apple number one you lose
0.5%
-1 kg example number to you lose 0.5%
-1 kg
Now see you win the next
Two traits cuz he have an accuracy
When
1% cuz 0.5% to make 1%
2K
When
1%
Plus 2K
Now you're just
50% accuracy
2K Twitter just 40% accuracy imagine
Having a high Atwood nigen in the month you take around 8 trees and you have 50% accuracy
What would that be let me show you guys real quick 5
6
7
So we have four wins four losses right beside accuracy
Do you win 1%
2K
You win
1%
Plus 2K
Dimino last -1 k
Los
-1 k
Now you're up to four six eight seven six five four your off 4K
40 month
With a very reasonable accuracy
You only take a trade-in the month
You have a 50% accuracy
And you off for key for the month
Now imagine that you have a higher than 50% actually you making much more or you taking more trees
So this is where the system comes into play now let's talk about the worst case scenario
Example
For you to lose your funded account
Whiskey 0.5% for trade
You need to lose
20 trades in a row
Saluja family count
20 trees in a row
Portrayed idea
So if your trade hits top off
You no longer look at that treat ideas
You ignored and just wait till the next day or look for another trade setup so
Okay for example
I saw this 15-minute break a block in here
And
I answered right here right
And then I pick my stopwatch above the high
Right here
And for wanted to
I'm going to trade now what happens I'll shoot
Tyson to my stopwatch right now what happens if price comes up
Is my stop loss and come back down right but then it comes back up the same entry that doesn't mean I answer because this trade idea
Is now gone we no longer that is truly idea anymore
Maybe in the future we can look at it again but at this level we are no longer selling
That is what I mean by
Portrayed idea
So going back to the con
The worst thing that can happen
Is Elusive and in order for that to happen
Need to lose 20 trades in a row
And let me tell you why this system is also good for you trading psychology
Most people when they lose their front of the council any accounts they lose it all in one day because first
They don't have to spend it on follow-the-rules also with risking 0.5% you decrease the chance of
Advertising your account because if you look back at it
A lot of people or I would say 70 80% of time
When people lose their funded account they lose it all in one day you don't lose it over time first off you're not disciplined enough to follow
And that's also where
Rule number three comes at a maximum to Lost in the day
I don't care if the next rate is a 99%
Akron
Trade-ideas will not take it because your emotions are in play now
When your emotions are completely I consider that as gambling
No longer Trading
Your training should be emotionless
So maximum to Lawson a day
Enclosure laptop do nothing
The moment you break this rule you will end up self-sabotaging your account and more than likely you will end up losing that account
Losing a big chunk of it
Now for the next one it's maximum to intimidate and why is that because when we have to win the day right
You went to trade in a row
Then you get overconfident you start thinking oh that's right. He looks clean I just want my Last Retreat let me get in that and then
Can you end up losing the third trade
But you still confident because you still have two-for-one you still up in profit
And you ended a losing all your profits
So that's why we do maximum to win the day for overtrading
And then for the week we do maximum for lost in a row in a week there are bad week so we just keep maximum for Lawson Turbo
Prevent us from losing our account
So in the week if everything goes bad
What do we lose we lose maximum 2%
In a date what's the most we can do with 1%
In the in the day what's the most we can win 4%
Oh my bad 2%
2% in 102k
2% on the 20K account before Kate 2% of 18K
So remember guys
That is why this system is optimal the system is very proficient the system
Is something
I created my own something
That took me 50 plus challenges
Years of trading
In order to develop the system because it works well to keep your training psychology intact
Your trading psychology
Has a correlation to your profits if you have good pain psychology
You will be profitable if you have badly psychology
Will not be profit
Went that I just want to remind you guys
In this industry 95% fail because they get greedy they get impatient
I want you guys to be patient I want you guys
To be modest in your returns
Follow the system
Don't
Approach this as a high-risk high-reward
Yes you can do that once you survive
Like in my situation I have a deacon at now
I have a bunch of funded accounts I can have someone that accounts be really aggressive 12-percent risk but when all I have is one
On account when all I have is barely any money in my bank account
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