Nico (@nicolaos007) 's Twitter Profile
Nico

@nicolaos007

🧼 7 figure trader with multiple prop firms
NOT trading ICT.🧸 (You read that right, ICT is not the only way to trade profitably)
🧠 6+Y of experience ⤵️

ID: 1621611754504470529

linkhttps://bento.me/nicotrades calendar_today03-02-2023 20:49:17

2,2K Tweet

2,2K Followers

690 Following

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A consistently profitable day trader doesn’t trade every day. He trades every high probability day. Not every day is high probability.

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The ultimate sign you are close to becoming a profitable trader is the following: Being able to watch someone else’s analysis, charts, profits, achievements, … without feeling anything destructive like FOMO, jealousy, or other distracting emotions. If you still do, keep

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What you want to hear isn’t what you should hear. What you want to be true isn’t what is true. Don’t be asleep to the reality of trading. Do your future self a favour and start thinking for yourself instead of following someone blindly.

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I’ve always thought it was extremely hard to distinguish between an actual profitable trader and a fake guru/dream seller… But actually, if you just think straight for a second, it’s pretty obvious. Stop thinking with your emotions and start thinking with reason.

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The cleanest trades don’t need convincing. You see the setup, it lines up, you pull the trigger If you’re hesitating, questioning bias, overthinking structure, unsure on entry,... That’s not your trade. If it’s not clear, don't take the trade.

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If your favourite trading influencer is getting payouts from a prop firm you’ve never heard of, Odds are they can't trade, Just paid to promote the firm & the illusion of profitability. Clout is the product, not profitable trading.

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Trading can be infinitely scaleable only if you stay with the top prop firms. Smaller & cheaper props, have more hidden, shady and ambiguous rules (even thought they may claim the opposite) which will catch you off guard and take energy away from what really matters, your own

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Any trader, claiming he can predict anything in the markets, is lying. As traders, we don't predict anything. We make educated guesses based on historical data and decision making. Leave the predictions for the magicians and focus on logical thinking and taking calculated

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Like trading capital, mental capital exists. Risk it big on the wrong thing or person and it's gone. Be picky with your mental capital allocation.

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Ultimate guide to a perfect Trading Plan: Every word and sentence you put in your trading plan has to make sense and be backed up by data. Any decision you make in the live markets, every button you push and at which time you do it, should make sense. Why now and not later?

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What makes you think you can generate monthly, what the best fund managers return per year? Have you ever considered, maybe you’ve been sold a dream? To even have a chance at making a sustainable income you have to drop the religions fake traders and course sellers are

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There is no reason a profitable trader would choose and prefer trading on a small, shady and cheap prop firm over a larger and more established prop firm. If they do, they are likely getting paid to say that, just can’t trade or worse, both.