This is the #1 Insight to Transform Your Trading Game

📌 PROP TRADING TIPS

This is the #1 Insight to Transform Your Trading Game

Here is the one question you need to ask before you push the trade button -- Is there anything going on that will make other people trade? 🧐 If the answer is no, then the result for you will almost always be negative. 😕

Like little children whose sense of narcissism is absolute, we as traders always think that markets are about us. 🧒 What can I do in the market today? 🤷‍♂️ How many pips can I bank? 💰

The answer very often is nothing and none. ❌

That’s because the markets are not about you, but about others. 🌍 And if there is little reason for other people to trade, price action will be nonexistent and so will most profit opportunities. 📉

We think that the market is like a 24-hour, 5-day week machine. 🕰️ But it’s not. It’s a social construct. 🤝 It’s much more like a bar or a nightclub rather than a factory floor robot 🤖 and if it’s 10 o’clock on a Monday morning you can be pretty sure that the bar or nightclub will be barren. 🍻

Every summer, in July and August, most of the people that matter to the market are off to St. Tropez or the Hamptons or Jackson Hole. 🏖️ The summer doldrums can be a maddening time for the retail trader 😩, but they can also be the best time to learn what not to do -- namely force trades into the black holes of low volatility. 🌌 This is a time when market makers love nothing more than to create false breakouts and breakdowns, sucker retail in, and then flip the market on them. 🎣

With no major institutional order flow around, market makers can pretty much do as they please 🃏 and that creates sinkhole-sized traps for retail who are fooled into chasing price. ⚠️

So if you learn nothing about trading, learn this -- it’s never about you -- it’s about what others are doing 🤷‍♂️ and until they start doing something your best bet is to do nothing. 🛑