Forex trader for 14 years 📈 Founder of Tradeciety & @edgewonk 💻 Tradeciety will never DM or contact you. * no investment advice *
Joined June 2014
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Tradeciety - Rolf retweeted
After a while, I recorded a new video today with a very important message that I wanted to share with you. I hope it finds some traders who are serious about their development and can make use of my findings:
youtube.com/watch?v=x9Bz-Bai…
After a while, I recorded a new video today with a very important message that I wanted to share with you. I hope it finds some traders who are serious about their development and can make use of my findings:
youtube.com/watch?v=x9Bz-Bai…
Tradeciety - Rolf retweeted
AI can confidently give you the wrong trading advice from raw broker data.
Broker statement:
Wednesday: -$1,200
AI says: “Stop trading Wednesdays”
But journal context reveals:
-$900 early entries
-$1,100 revenge trading
+$800 rule-followed
Bad data creates bad advice.
Tradeciety - Rolf retweeted
Edgewonk just got a major upgrade.
The new Chart Lab update adds a completely new analytical layer.
More data. More context. Clearer insights into what is really driving your trading results.
youtube.com/watch?v=QxT-QfVf…
Tradeciety - Rolf retweeted
The Psychology Lab features within Edgewonk:
- Analyze the impact of your trading decisions
- Visualize discipline
- Creat report cars for reviews
- Mental and behavioral analysis
- A full diary
- Track missed trades
- Measure efficiency
edgewonk.com/trading-psychol…
Indicators, price action, fundamentals, sentiment, COT, volume...
None of it matters if you can't do the boring stuff:
Consistency. Risk management. Emotional stability. Process. Positive expectancy. Keeping your head after a loss.
The edge isn't in the tool. It's in the trader.
Tradeciety - Rolf retweeted
Two things profitable traders all have in common: They stopped trying to control the market. And they never stopped controlling themselves.
Two things profitable traders all have in common: They stopped trying to control the market. And they never stopped controlling themselves.
Your stop loss is a seatbelt.
You don't put it on because you expect to crash. You put it on because if you do, you survive to drive again.
The traders who skip it aren't braver. They're just one bad trade away from blowing up.
Chasing 100-200% returns a year is why most traders fail.
Settle for 20% annually and you'd be outperforming 95% of hedge funds.
Most traders don't fail from bad strategy. They fail from unrealistic expectations.
A new video on Support & Resistance trading just went up. It covers the different SR concepts, strategies and how to avoid common mistakes
youtube.com/watch?v=8pKBr_yf…
Tradeciety - Rolf retweeted
Every trader thinks they're a genius at 6 months. 😂 Then reality hits HARD. The ones who make it aren't the smartest. They're the ones who didn't blow up at "Mount Stupid", survived the 'this is too hard' phase and kept going.
Where are you on this chart? Drop a 📍 below!
90% of traders fail. Here's what the 10% actually master:
Risk Management — keeps you in the game
Psychology — keeps you from quitting
System — keeps you consistent
Edge — gives you a reason to trade at all
Journaling — turns mistakes into lessons
Every trader thinks they're a genius at 6 months. 😂 Then reality hits HARD. The ones who make it aren't the smartest. They're the ones who didn't blow up at "Mount Stupid", survived the 'this is too hard' phase and kept going.
Where are you on this chart? Drop a 📍 below!
The best traders I have seen ALWAYS follow the SAME principles:
- they don't trade a lot. 3-5 hours per day
- they have just one strategy. Maximum 3
- they trade small size, limiting downside risk
- they have a solid routine with good processes
- they have complete trading plans BEFORE they get into trades
- they have losing streaks but don't change their approach after a few losses
- they plan the long game and know how compounding returns work for them
There’s only one clean loss:
Small, planned, controlled.
Every other loss?
A variation of breaking your own rules.
Winning traders don’t avoid losses.
They avoid stupid losses.
I am back on Youtube with weekly videos! A new one dropped just 2 hours ago. You can expect more action from me on Twitter as well - my social media break is over :)
youtube.com/watch?v=iojicu3N…