trading is a sport that is played 365 days a year, you wont survive being average in this game, train everyday on and off the court like a elite athlete would, dont watch the goat...become the GOAT!

NZD Analysis $NZDUSD: Technicals: - Previous overextended market now sideways with daily demand created - Price also reacting off of major 3x year support. Fundamentals/Sentiment: - RBZ surprised investors by keeping rates the same at 2.75% instead of raising them to 3% - COT positioning sitting at MAX short, anticipating taking profits. Overall: - Picked up a long trade on the NZD, but also considering adding to the position by watching the lower timeframe, like the 1-hour TF for buy confirmation.

After a long 36-hour journey through airports, finally settled in, ready to take on the markets.

No trading today, long journey ahead ✈️ 🫡

Beautiful evening to watch a game in Bangkok 🙌

A post I made a while ago that got a lot of attention on social media was: "Finding a losing trading strategy is just as hard as finding a winning one." Why? Because if we had a consistently losing trading system, the most logical thing to do would be to simply trade the opposite way. The truth is that most traders make emotional decisions based on how much capital they're risking or how they're feeling rather than applying actual logic. This is why I often say that trading is essentially a breakeven game, minus spreads and commissions. It's also why I believe trading psychology is often overrated. Let's say you normally risk $100 per trade. Yes, you'll see a $100 loss or a $100 gain on your account, but the outcome of an individual trade doesn't tell the whole story. Over a sample of 100 trades, your underlying edge, combined with your trading costs, is what ultimately determines your results. If your strategy has no edge, spreads and commissions will gradually eat away at your capital. Spreads and commissions are maybe 1-3%, so if you risk $100 then each trade has roughly $-3 value. Why are we freaking out over $3..... Either the trader is emotionally attached to the capital at risk, which in this case lower the risk OR is fixated on being right. The key is to stop treating every individual win or loss as if it defines your success. Having this mindset can be an absolute game-changer. I would encourage you to watch the video I made on youtube called "moneyball austin trading is a breakeven game"

In our coaching call today, we talked about "Making Your Trading Optimal" Traders should always focus on what is optimal for their trading, not simply what makes them feel good. However, there's an important distinction between what is optimal for your trading system and what is optimal for you as a trader right now. For example, if a trader struggles with trade management, constantly adjusting their stop loss, taking profits too early, or closing trades out of fear, then a potential solution might be to stop managing trades altogether and let price hit either the original SL or TP. Is this necessarily the most optimal approach for their trading system? Not always. But it might be the most optimal approach for that trader in their current state, especially if it helps them become more consistent and avoid making emotional decisions. Another example is risk management. If a trader struggles to determine how much to risk on each setup, risking a fixed 1% on every trade might be a good starting point. It simplifies the process and removes unnecessary decision-making. However, from a system perspective, why should we necessarily risk the same amount on an A+ setup as we do on a B or C setup? If we have a measurable edge that shows our A+ setups consistently perform better, there may be a good reason to allocate more risk to those opportunities. The point is that what works best for your current level of development might not be what works best for your trading system in the long run. I'm not saying you need to optimize every single aspect of your trading immediately. In fact, trying to do everything perfectly from the beginning can create unnecessary complexity and make it harder to stay consistent. Instead, focus on identifying your weaknesses and making gradual improvements. You might need to simplify certain aspects of your trading today so you can build the consistency and experience needed to optimize them later. This is why I'm such a big believer in adjusting your trading plan to fit your individual strengths and weaknesses. Your trading plan shouldn't just look good on paper. It should be designed to help you execute your edge as consistently as possible. Ultimately, the goal is to work toward the most optimal way of trading, but you have to be realistic about where you are today and what you need to improve to get there.

I don’t think traders realize how screwed up the markets will be in less than 2 months from now. Midterm elections for USA will be Happening in less than 2week, and with a 65% chance the democrats sweep (taking control of the house and the senate) The democrats will make Trumps life hell by impeaching him, and not letting anything pass through the government, which will ultimately shutdown the government. It’s going to be quite the ride 👍

Forgot to share the other 2 trade reviews from last weeks trading on the ES and Gold market.

One of the worst mindsets is thinking the market has it out for you. If someone says, "Price keeps missing my entry, then takes off and hits my TP," the most logical solution is to enter slightly earlier. If someone says, "Price hits my SL, then reverses and reaches my TP," the logical solution is to use a wider SL or enter the trade where they originally had their SL. IMO, traders tend to focus on the situations that cause them the most pain without accounting for all the times their current approach helps them or the opportunities where nothing goes wrong. I personally don't believe this is the case for 99% of traders. But if it were, the logical solutions are exactly what I mentioned above. Problem solved....

Trading News For The Week: UK Jobs Retport (Tuesday): July’s series was slightly mixed overall but on balance had a very slight dovish tilt, coming from the larger than expected claimant count figure and another decline in payrolls. UK Inflation (Wednesday): The headline is expected to increase to 3.4%, above the BoE’s 3.0% forecast. For the BoE, any signs of second round effects will turn the dial further in favor of a November hike JPY Inflation (Friday): Inflation is expected to accelerate sharply in September, with headline CPI forecast at 2.8-3.0% Y/Y (prev. 1.9%) and Core CPI also expected to rise significantly (prev. 1.7%). UK Flash PMI (Friday): September showed weak demand, rising prices, slowing business activity and pre-budget uncertainty. October is expected to follow similar trends, with technology remaining a bright spot. EUR Flash PMI (Friday): October PMI will gauge Eurozone growth amid Middle East tensions and elevated energy prices. Manufacturing is forecast at 52.5–53.2 (prev. 52.9) and services at 52.5–53.3 (prev. 53.0). Rising prices and stronger growth could increase expectations for more aggressive ECB tightening. UK Retail Sales (Friday): September’s BRC retail sales rose 1.3% YoY, led by health and beauty. Consumers remain under pressure from the cost-of-living crisis and rising energy prices, while uncertainty over potential budget tax increases weighs on spending. Stock Earnings (All Week): Tesla, Meta, Netflix, IBM, GE Aerospace and General Motors, with tech and AI-related results likely to draw the most market attention. Around 70 S&P 500 companies are expected to report. Trump (All Week): Mid term elections are just 2 weeks away (November 3rd), so Trump will be holding campaign rallies across Kansas, North Carolina, South Carolina, Iowa, and Florida. #tradingnews

Weekend adventures 🍻

Picked up a very small position on the EUR on the 1-hour TF with SL well below the whole 4-hour level of demand. I'll consider adding a very small position if price falls back into the 4hr demand level. Yes, recent CPI + PPI + Weekly Jobless Claims support a stronger DXY (weaker EUR), but in this case I'm still leaning on EUR sitting at max positions and inside HTF demand (supply on DXY) Yes, 1hr OR 4hr level of demand can also be used as HTF and wait for confirmation on LTF for day-traders/scalpers.

$AUDUSD Trade Review. Question, are you guys confused when I share a trade review like this? I ask because, to me and to traders in the program, it makes sense, but I'm not sure how other traders might be interpreting this. Let me know✍️ Tip: read notes, then reflect on the chart.

TP hit on AUD Long position. Will have the full trade review later today. $AUDUSD

Just a reminder USD CPI data is coming out in 15 minutes. The FED will be watching the CPI and PPI Inflation data closely this week in order to make it's decision later in October. Anything meeting expectations or lower would support a higher chance of FED keeping rates the same. This move would most likely support a bearish USDOLLAR (bullish other currencies)

📽️New Video Going Over 3 Trade Ideas For The Week Using A Combination Of Technicals, COT Reports, And Fundamentals: youtube.com/watch?v=cI1iZ_t8…

Dollar Analysis $EURUSD Technicals: - Price overextended, but NOT inside HTF level on the DXY Fundamentals/Sentiment: - EUR COT reports are new MAX short. Anticipating taking profits - Weaker US Economic data regarding Jobs, Unemployment, lower Services, and Manuf supporting weaker DXY. - CPI/PPI data coming out later this week, Banks earnings, or but some kind of breaking news or whatever could also drive this market. Overall: - I'm still positioned in the AUD, and I like long opportunities in the EUR/AUD/CAD, but like I mentioned in the meeting, we could still see another 1–2 weeks of a bullish DXY, followed by 3–4 weeks of range-bound price action before we see any real sellers come into the market. Personally, given the current location of the dollar and other currencies, with some currencies sitting at MAX positions, I wouldn't continue trading heavily in the direction of a strong dollar. That's why I'm looking for longs in other currencies, which is essentially selling the dollar. That said, I don't want to load the boat with early shorts on the dollar. If the dollar continues to rally, other currencies could continue selling off, which could stop out a lot of the longs. You want to make sure you still have capital available to fire off more shorts in the coming days and weeks if the market gives you better opportunities.

T-Money off the top ropes with another 4k trade. Taking every 5-10k payout and allocating the capital to his own personal account. Very proud to be working with this guy for over 3 years now.