If you do anything this week in the prop firm industry, take time to give some credit to Topstep.
@MichaelPatak deserves praise for ending the affiliate relationship with all of these bullshit influencers that are manipulating traders into paying them.
Longest prop in the game and have managed to hold their integrity the entire time.
Atleast when you see traders on that topstep live leaderboard posting their trading results you know the traders are legit.
I’m back trading with topstep after trading my personal account for the past 6 months. Will always support those who’s have good morals and do it right.
@Topstep
Becoming successful in trading is extremely painful.
The market will expose all of your weaknesses & insecurities.
It will force you to change as a person outside of the charts to make it.
It’s basically an endurance test of self sabotage.
It only changes when you get sick of your own bullshit.
How to handle losses (Larry Williams):
Don’t let them control you emotionally.
Don’t try to reclaim the lost money.
Move on and focus on making new profits.
18 months later and the top end of this DXY gap is going to get filled. The bulls are hoping it drops from there. Time will tell.
CPI comes in bad, but modestly bad in terms of inflation outlook.
CPI 0.6% MoM, Exp. 0.6%
CPI 3.7% YoY, Exp. 3.6%
CPI Core 0.3% MoM, Exp. 0.2%
CPI Core 2.6% YoY, Exp. 2.5%
bitcoin:native takes a tumble. But lets be honest we've seen much worse.
Jesse Livermore’s net worth over his life.
One of the most legendary traders of all time.
Kept getting absurdly rich then losing everything. At his peak he was one of the richest people alive.
Lost everything one final time.
Shot himself at 63. Left a note describing himself as a failure and that he was tired of fighting.
RIP The Great Bear of Wall Street.
You know someone is a serious trader when they have a standing desk. Bonus points if they are also walking on a treadmill.
