prayhaze retweeted
10 Bible principles that have built profitability in me
1Micah 7:8 - When I fall, I shall arise.
Losses will happen. Getting back up is the edge.
2Proverbs 24:16 - The righteous falls seven times and rises again.
Consistency is built through recovery, not perfection.
3Habakkuk 2:2 - Write the vision and make it plain.
A trader without a plan is gambling.
4Luke 16:10 - Faithful in little, faithful in much.
If you can’t manage $5000 account , you won’t manage $100k account.
5Proverbs 21:5 - The plans of the diligent lead surely to profit.
Patience and preparation outperform impulse.
6Ecclesiastes 11:6 - Sow in the morning… you don’t know which will prosper.
Keep showing up. One trade doesn’t define you.
7Galatians 6:9 - In due season we shall reap, if we faint not.
Delayed profitability is still profitability.
82 Timothy 1:7 - God has not given us the spirit of fear.
Fear destroys execution more than strategy does.
9Proverbs 13:11 - Wealth gained gradually increases.
Slow growth is sustainable growth.
10Psalm 37:23 - The steps of a good man are ordered by the Lord.
Trust the process. Trust timing. Trust God.
Apply these principles and you’d be helped by God
prayhaze retweeted
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prayhaze retweeted
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prayhaze retweeted
In Q2’ I made $878,000 from my personal trading account while running 3 businesses + swing account + long term portfolio.
Here’s some of the things I wanna share with everyone.
1. Making money in trading is a by product of you doing the right things as a trader, EVERY DAY. Those right things are building great game plans with a good understanding of the market. Executing those game plans really well and reflecting for improvement, EVERY SINGLE DAY.
2. You don’t have to make money every day. You don’t have to even trade everyday. I have went weeks at times without making money or taking on a trade, as a trader you need to be comfortable with that.
3. Know when to play defense and protect your capital and know when to be aggressive!
4. Making money in trading is never linear, I’ve had months where I made high 6 figures or even 7 figures to then making a fraction of that the next month.
5. If you made money today, or last week, that doesn’t automatically mean you’ll
Make money again. Same goes for when you have a losing day. Show up everyday with a fresh mindset regardless of if you made money or lost.
6. Focus on 2-3 setups, create well defined entry systems and Backtest them!
7. Journal. Track. Analyze. (Shameless plug -> @TradeZella ). You should understand your performance from size, to hold duration to playbooks like the back of your hand.
8. Out of 20 trading days in a month, I usually see great opportunities in 4-6 days with the rest being difficult or even flat days… so I know my main goal is to hunt for those 4-6 days and be aggressive while
Playing defense the other days.
9. The market is always right. You may say what you think is going to happen but BE FLEXIBLE and adjust when needed. Don’t fall in love with your position or your thesis.
For context, I’ve been trading for 10+ years. So these aren’t overnight results. I also trade options (which I don’t recommend any beginner trader to even touch)
Hope this was helpful! Lets crush July and Q3’ 🤝
prayhaze retweeted
I’ve been through the depths of trading.
Drawdowns. Struggles. Highs. Lows. Missing trades. Losing confidence. Feeling too confident. Going on tilt. Adjusting to market conditions over and over. Wanting to quit causing nothing feels like it’s going your way anywhere. Strategy to strategy. Being unsure if this can be career or not. Feeling like I’m so good one day and that I suck the next.
The one piece of advice I can share is that trading is difficult and there’s never any aha moment that exists.
You have to CONTINUE to learn, evolve and show up 100% everyday. If you don’t the market will humble you.
And if you ask me now, if I have figured it out my answer is still no. I show up everyday from 0 and regardless of how the day goes, I reset afterwards.
prayhaze retweeted
IF YOU ARE IN YOUR 20s or 30s TRYING TO BUILD A SUCCESSFUL LIFE, read this:
1. You really do not need motivation. What you need is clarity and vision. By this, you know what you want and where you are going. Then, there is purpose and you can pursue. This is true motivation.
prayhaze retweeted
2. Vision is the source of self-discipline. If there is no vision, there is no discipline in that person. If there is no vision for a business or company, discipline will be far away from them.
Your dreams should be enough to push you through unmotivated times. Aim & Objectives are for a reason.
prayhaze retweeted
3. Wherever there's no vision, people lose self control. they become wild and they do anything, anytime, anywhere, whatever they want.
The sound of this is terrible enough. A person like this would have inconsistent results and would fail to move forward.
prayhaze retweeted
6. Vision takes away all other distraction so you focus on one thing and thats when life becomes simple and easier.
Even as a trader, focusing on one thing and what works just changes the whole game for you.
prayhaze retweeted
4. Vision is what keeps you from being depressed. Those who lost vision after big wins run into depression most times.
If there is no vision, if God gives you a miracle of N1B from no where, you will mess it all up.
Ask yourself, what will I do with N100m if I get it now.
prayhaze retweeted
5. Vision makes you organize your life. That's why, when someone discover their vision, it is easier for them to lead others.
You would know what you want and how to get there. Making it easier to know where and when to delegate duties + showing others how it is done.
prayhaze retweeted
8. Without vision, you cannot build a company.
9. Vision is spiritual. Connect to the source and watch yourself holding on to your vision/
10. Vision is your past experiences colliding with your present experiences to give you a future. Nothing about your life is a coincidence.
prayhaze retweeted
7. A strong vision inspires passion and this passion is what transforms and controls your life.
Many times, your passion will stress you to figure out but cos there is vision, it feels like vacation through and through.