El Mago πŸ§™πŸΎβ€β™‚οΈ (@MikeNavarrete_) header
El Mago πŸ§™πŸΎβ€β™‚οΈ (@MikeNavarrete_) profile picture

10th Year Trading | People are my religion because I believe in them. Would you still be doing what you're doing if no one was looking?

Joined October 2011
Photo by El Mago πŸ§™πŸΎβ€β™‚οΈ (@MikeNavarrete_)Photo by El Mago πŸ§™πŸΎβ€β™‚οΈ (@MikeNavarrete_)Photo by El Mago πŸ§™πŸΎβ€β™‚οΈ (@MikeNavarrete_)Photo by El Mago πŸ§™πŸΎβ€β™‚οΈ (@MikeNavarrete_)Photo by El Mago πŸ§™πŸΎβ€β™‚οΈ (@MikeNavarrete_)Photo by El Mago πŸ§™πŸΎβ€β™‚οΈ (@MikeNavarrete_)Photo by El Mago πŸ§™πŸΎβ€β™‚οΈ (@MikeNavarrete_)Photo by El Mago πŸ§™πŸΎβ€β™‚οΈ (@MikeNavarrete_)Photo by El Mago πŸ§™πŸΎβ€β™‚οΈ (@MikeNavarrete_)Photo by El Mago πŸ§™πŸΎβ€β™‚οΈ (@MikeNavarrete_)
Took natural gas at $2 and rode it for months. Epic trade. Then it never hit the same. I stayed loyal way too long. One trade doesn't earn your loyalty forever. The data does.
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The dip of the dip of the dip. That's how one red day turns into a red week.
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The only time you should move your stop.
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Skipped demo. Turned $200 into $700 my first week. Didn't withdraw a dollar. Lost it, then deposited $200 every week after. Demo isn't the slow way. It's the cheap way to learn.
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Say this out loud after a losing trade.
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My #1 instant funded account: AlphaFunded Instant Flex. $2,500 drawdown. $2,000 to your first payout. No consistency rule. The catches: the daily loss limit is a hard breach, and you need 7 profitable days before a payout.
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A 3R trade left without me. And honestly? I let it.
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Check any prop firm account in 10 seconds: Drawdown Γ· profit needed before your first payout. Under 1, you can lose less than you have to make. The standard 50K lands at 0.67.
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Sign #3 you're about to revenge trade πŸ‘‡
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EOD or intraday drawdown? Quick test: Pull up your last 20 winners. How many did you give back well over 1R before you closed them? If it's most of them, intraday will eat you alive.
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When I started trading, I collected strategies like PokΓ©mon. You don't need all of them. You need one setup you can repeat.
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Moving your stop on a late entry feels responsible. It's not.
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My biggest downfall happens when I'm one green day from a payout. It doesn't have to be today.
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The market doesn't know you lost. Stop trading like it owes you one.
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Someone handed me a candlestick pattern book when I started. I never used a single pattern from it. I still don't.
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You can take an A+ setup and still lose. That's not a flaw. That's the system.
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Tightened your stop and got wicked out right before it ran? Here's why.
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Breakeven feels like a loss because you were counting money that was never yours yet.
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If you can only afford one prop challenge, you can't afford it.
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Losing funded accounts? Not disciplined, or risking too much for your drawdown? Different problems. Different fixes.
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