so helpful, i do feel like i am soooo close to profitability but making stupid mistakes. I've spent 5 months on a funded assessment, currently on phase 2. Most likely its managed risk that has kept me this long but these loses man............ i think i need the rewired course
Making it to P2 is an achievement in and of itself, congrats! Also FYI Falcon is on 20% discount until tomorrow, and Falcon members get Rewired at a heavily discounted rate, so that might be your path 🎯
Basically sticking to your trading plan and having the discipline. It will make you successful. But most of the time we don't plan to fail. We fail the plan by not sticking to your significant strategy.
Decent video. I’ve got an insanely profitable strategy and i’m more than happy to take 2:1. I do view it as greed ‘letting winners run’/ taking more than planned/back-tested. If it’s a case of taking as much as possible why back- test to see how profitable a strategy is? How much more do you take? When do you draw the line? Not profitable yet as there’s a distinct inconsistency trading only my sessions and nothing else due to work schedule . This week has been most insightful in this regard, 3 trading days +5% on two accounts.
This video is powerful. I followed a 1:2RR system but when I journal, I noticed my trades going longer 1:5+ but fear would make me close because I would beat myself up for holding trying to reach max TP only for me to close at 1:2RR or less again.
Don't worry. It takes time to get emotionally comfortable (trust) with your strategy. Get to know your strategy more. In Backtest, in real-time, and in reviewing your trades. As you grow with your strategy, the trust will grow and fear will be less.
Over My 100 trades 28 Winners 57 Losers 15 Breakeven Average winning trade = 1:5.5 Average break even trade = 1:2.5 My win rate is 28% i am profitable overall but not consistently profitable Made 11.5% in Jan and Feb Lost 6% in Mar, Apr and May i have long losing streaks may be 10 continuous losses. I think My risk management is so perfect that my negative 3 months can compensate 1 positive month. But i don't know what to do more to be consistently profitable. Give me your suggestion please
This system is actually good my guy. Losing streaks are going to come with such RR targets. You will just have to always stick to your strict risk management. Look at the fact that You are taking consistent action and you have profitable quarters/years instead of monthly
Bruh... you described me very quite I go 2 steps forward 1 step back 3 steps forward 4 steps back 2 steps then 3 steps back on the break of consistency but with no mentor to guide me it's hard bruv I must admit that
“Success is no accident. It is hard work, perseverance, learning, studying, sacrifice and most of all, love of what you are doing or learning to do.” ― Pelé, a Brazilian pro footballer. 🔥🐉
Such a great video, packed with golden tips. One question Mark, what is the music that you play in the background of the video, please? Soooo calming and helping to focus the mind. Would love to start putting it on when doing forecast or back-testing. Thank you in advance.
HEY Mark i can really see almost all the direction and what surprising is i cant capitalize fully potentially like you are saying and i am doing all the right stuff .. do you think is a matter of time or what more should i add? 😢
From statistic perspective, if you increase distance of your TP, you decreasing win rate at the same time. Every trader should have backtesting data, where he can find answers on what is the most optimal ratio between distance of TP and win rate for him. For example, my backtesting data shows me, that my average win go to +14RR, but it is completely nonsense targeting those RR, because I would have win rate 14 % which is for normal trader absolutely unsustainable. Ideal win rate should be abow 40%, so shouldn´t we try to make statistik based decision on what TP we should most of the time target?
For me ,I am good with my technicals but I'm very much struggling to be self-discipline and follow my trading plan. And I'm also a very greedy trader and I also trade with my emotion, which shouldn't be and I am really trying to get my psychology right.
Hey Mark, Thanks for the advice; however I got a question for you; 😅 so, I do futures and the funded Pro Firms I can’t Hold trades longer like swing trades it is a violation rule. But, I know my trades works about 4% to 6% but I am taking just 1 or 2 %; and to get that 6% my trade will run for at least 2 or 3 hours. But, the problem sometimes is the reversals, so I have to protect when the market moves on my direction.
Good day Mark.. Can you please help me with entries, yesterday i failed to enter that bullish run on EURUSD which was on Monday's TMB I know my question is not enough in terms of how i want to be helped but i kept on going to the 15m TF to look for a double bottom but i did not get any and i missed the trade...
I am a falcon student learning from youtube still trying to raise my a 30 pound account so that i can join the falcon course what can i do....by the way im watching from south africa
I ALWAYS FEEL LIKE IN EVERY VIDEO YOU MAKE ,IT IS TO IMPROVE HOW I TRADE AND HOW TO LOOK AT THE MARKETS.YOUR HELP IS MUCH APRECIATED SIR,AND LIKE YOU ALWAYS SAY IT'S KNOWLEDGE APPLIED THAT''S POWER.THE MARKET BREAF HAS BEEN SO RESOURCEFULL TOO.THANK YOU GROOTMAN
Genuinely so many tips in one video that people that aren’t profitable need to be taking notes on. ✍️
Action packed as usual, coach 👏👏
so helpful, i do feel like i am soooo close to profitability but making stupid mistakes. I've spent 5 months on a funded assessment, currently on phase 2. Most likely its managed risk that has kept me this long but these loses man............ i think i need the rewired course
Making it to P2 is an achievement in and of itself, congrats! Also FYI Falcon is on 20% discount until tomorrow, and Falcon members get Rewired at a heavily discounted rate, so that might be your path 🎯
Basically sticking to your trading plan and having the discipline. It will make you successful.
But most of the time we don't plan to fail. We fail the plan by not sticking to your significant strategy.
If you fail to plan you can plan to fail 🙌
Decent video. I’ve got an insanely profitable strategy and i’m more than happy to take 2:1. I do view it as greed ‘letting winners run’/ taking more than planned/back-tested. If it’s a case of taking as much as possible why back- test to see how profitable a strategy is? How much more do you take? When do you draw the line? Not profitable yet as there’s a distinct inconsistency trading only my sessions and nothing else due to work schedule . This week has been most insightful in this regard, 3 trading days +5% on two accounts.
Appreciate the feedback!!
I feel grateful. Thank you sir mark Hutchinson for sharing your knowledge with us❤
Thank YOU for watching and dedicating your time to becoming a better trader!
I feel personally attacked by this video! 🤣🤣🤣🤣 Touching distance the. One step forward and 2 back got me!!
Signing up this evening! 💪🏻
Isn't that the best when the content speaks directly to you? So glad you enjoyed!
@@FalconFXTrading 100% - See you inside!
@@FalconFXTradingjoined! Let’s get after it!
This video is powerful. I followed a 1:2RR system but when I journal, I noticed my trades going longer 1:5+ but fear would make me close because I would beat myself up for holding trying to reach max TP only for me to close at 1:2RR or less again.
Don't worry. It takes time to get emotionally comfortable (trust) with your strategy. Get to know your strategy more. In Backtest, in real-time, and in reviewing your trades. As you grow with your strategy, the trust will grow and fear will be less.
Great job journaling and finding these things out! Intentional trading is the way to the top 🙏
Over My 100 trades
28 Winners
57 Losers
15 Breakeven
Average winning trade = 1:5.5
Average break even trade = 1:2.5
My win rate is 28% i am profitable overall but not consistently profitable
Made 11.5% in Jan and Feb
Lost 6% in Mar, Apr and May
i have long losing streaks may be 10 continuous losses.
I think My risk management is so perfect that my negative 3 months can compensate 1 positive month. But i don't know what to do more to be consistently profitable.
Give me your suggestion please
This system is actually good my guy. Losing streaks are going to come with such RR targets. You will just have to always stick to your strict risk management. Look at the fact that You are taking consistent action and you have profitable quarters/years instead of monthly
Falcon on fire as always. Thanks alot mark for imparting us with this wisdom.
You're welcome! Thanks for watching 🙏
Bruh... you described me very quite I go 2 steps forward 1 step back 3 steps forward 4 steps back 2 steps then 3 steps back on the break of consistency but with no mentor to guide me it's hard bruv I must admit that
You have a mentor in us! 😊
Ill guide you freely
Watching from sierra Leone 🇸🇱 West Africa.
Hey hey from the UK! 👋
Thanks Mark
You're welcome!
Technicals spot on as per usual 🔥
You already know 😊
“Success is no accident. It is hard work, perseverance, learning, studying, sacrifice and most of all, love of what you are doing or learning to do.” ― Pelé, a Brazilian pro footballer. 🔥🐉
🎯
am watching from Nigeria thanks for everything you do, is really impactful
Thank you for your support! 🌍
Such a great video, packed with golden tips. One question Mark, what is the music that you play in the background of the video, please? Soooo calming and helping to focus the mind. Would love to start putting it on when doing forecast or back-testing. Thank you in advance.
If you could increase the volume it will be helpful. Thanks for useful content only problem is volume is low. ❤❤❤❤❤
Thanks for the feedback and support!
Great vid mark!
Thanks so much! Glad you enjoyed.
Great tips, much appreciated. Definitely more videos on psychology
Noted! Thanks for the suggestion.
Great advice, thank you very much !
You're very welcome!
I am Grateful Sir Mark
We are, too! Thanks for watching.
Literally the best forex coach out there.
That means so much, thank you!!
Thank you for the Valuable Content !
You're so welcome!
This is so helpful
Pls do more of this videos
Thanks so much for your feedback!
This by far is a wake up call for me and very gelpful i am going bavk to my charts now. Thank you
You're quite welcome. Thanks for watching!
I do believe this video is for me and it shed more lightt on what I experienced today.
Thanks for the video tho... It's really educative.
Thanks for watching!
Free education 😊, tuning in from Namibia 🇳🇦 ❤
Enjoy!! Thanks for watching.
Mark, once you see it you can't unsee it ✊🏽
🎯🎯🎯
HEY Mark i can really see almost all the direction and what surprising is i cant capitalize fully potentially like you are saying and i am doing all the right stuff .. do you think is a matter of time or what more should i add?
😢
Sounds like you could benefit from being immersed in the Falcon community and membership... we have soooo much to help you through this!
From statistic perspective, if you increase distance of your TP, you decreasing win rate at the same time. Every trader should have backtesting data, where he can find answers on what is the most optimal ratio between distance of TP and win rate for him. For example, my backtesting data shows me, that my average win go to +14RR, but it is completely nonsense targeting those RR, because I would have win rate 14 % which is for normal trader absolutely unsustainable. Ideal win rate should be abow 40%, so shouldn´t we try to make statistik based decision on what TP we should most of the time target?
Great way to be self-aware!
Best value I have gotten so far I will go through rewired
That's awesome, you're going to love it!
Wow that was very helpful 🤝🏻
Glad you enjoyed! 🙌
For me ,I am good with my technicals but I'm very much struggling to be self-discipline and follow my trading plan. And I'm also a very greedy trader and I also trade with my emotion, which shouldn't be and I am really trying to get my psychology right.
And I'm really trying to stick to my trading plan and rules
@@EbubeOkpala-om7qs Start off by reducing your risk and if you open multiple positons on a trade , just open 1 instead
Watch how deadly I’m gonna be this Q3 all I need to do is cut out of bad trades and I’m in profit
That's it 🙌🙌
Dropping back to back gems ❤
You know it 😉
As an analyst myself I got benifited from this vieo.
Appreciate you watching 🙏
Hey Mark,
Thanks for the advice; however I got a question for you; 😅 so, I do futures and the funded Pro Firms I can’t Hold trades longer like swing trades it is a violation rule. But, I know my trades works about 4% to 6% but I am taking just 1 or 2 %; and to get that 6% my trade will run for at least 2 or 3 hours. But, the problem sometimes is the reversals, so I have to protect when the market moves on my direction.
Not letting my winners run has been my undoing this May. How do you increase confidence when trading with very limited funds
Exposure and experience!
I got it. I have to trade my set up and build my confidence in my set up not in my account balance
Falcon 🎉
That's us! 🦅
Hoping to join you sir
How do I get in the reworked program?
rewiredtrader.com (Though Falcon members get a discount for Rewired😉)
Good day Mark..
Can you please help me with entries, yesterday i failed to enter that bullish run on EURUSD which was on Monday's TMB
I know my question is not enough in terms of how i want to be helped but i kept on going to the 15m TF to look for a double bottom but i did not get any and i missed the trade...
i'm making my first 6 figures soon
Make it real!
And I trade price action...
recommend a good PROP firm
I am a falcon student learning from youtube still trying to raise my a 30 pound account so that i can join the falcon course what can i do....by the way im watching from south africa
Thanks for watching 😊
Psychology is just as important
🧠🧠🧠
I set my take profit to 1:1 on a trade I took on Friday and it went on to hit a 1:6.. would have passed my 50k phase 1😢
First to comment
🏆🏆🏆
❤❤❤❤❤❤❤😘😘😘😘😘😘😘😘
🙏😊
What happens when you aiming for a higher probability but you dont reach it and get reversed
right under your nose
👌👌👌
I ALWAYS FEEL LIKE IN EVERY VIDEO YOU MAKE ,IT IS TO IMPROVE HOW I TRADE AND HOW TO LOOK AT THE MARKETS.YOUR HELP IS MUCH APRECIATED SIR,AND LIKE YOU ALWAYS SAY IT'S KNOWLEDGE APPLIED THAT''S POWER.THE MARKET BREAF HAS BEEN SO RESOURCEFULL TOO.THANK YOU GROOTMAN
You're quite welcome! Thanks for watching 😊
Thanks Mark
You're very welcome!