
Helping traders trade effectively by understanding market psychology. Discussing trading from pure technical to psychological aspects #marketmechanics
Erudition Capital Headquarters
Joined April 2018
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The more you trade,the more you learn. The more you learn, the less you trade. The less you trade,the more you earn. Let that sink in
Your emotional state always determine what kind and quality of perception you see from. Perception determines the possibilities you see as a trader. The possibility you see are what you act on. And the actions you take brings forth the continued reality you experience.
There is two types of riches in this world, Those who prints the currency and the one who doesn't need it
Sometimes people become quiet, distant, and harder to reach not because they’re lost, but because they’re rebuilding. Growth often happens away from noise, attention, and constant explanations. The strongest transformations are usually the ones nobody gets to witness in real time
Difference between traders goes down to one thing and that is MARKET PERSPECTIVE
your perception of opportunity is a function of depth of insight into the market behavior
To get some good insight you should be able to expand your timeframe perspctive of market activities.
It's funny vile traders wa bongo wanavyojifanya wanajua sana mambo ya vita za iran na marekan
Utaskia nimebuy because of geopolitical😂😂😂😂
Nachoka mimi
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If you ever get up $1M in cash
Buy a new modern apartment in the UAE for like $550k (you have zero property tax). Once you own it, it’s actually yours, and the only thing you pay is utilities and internet. No property tax, no municipality bs, no random fees like in other countries.
If you invest a minimum of 2M AED ($544k aprox) in real estate, you also get a golden visa. The Golden Visa gives you long-term residency (up to 10 years), full freedom to live, work, and do business, sponsor your family, easy banking and property ownership, unlimited entry and exit, major tax advantages, plus access to 24/7 government and consular services abroad through UAE embassies.
You can get a really nice car for $50-100k (if you even need one), and put the rest into a relatively safe ~10-13% APY Solana DeFi portfolio. That’s an easy $30k-$50k per year without touching principal.
Moving crypto in the UAE or spending it is insanely easy. You can convert crypto to cash or gold almost anywhere, or even buy cars and properties directly with crypto.
You won’t necessarily live a mega-luxury life, but you’ll be FREE. No capital gains tax, no property tax, no shady governments adding friction to your life.
With $3k/month, you can live extremely comfortably and still keep leveling up and compounding wealth from there.
The worst thing you can do is upgrade your lifestyle in a country that will bleed you with taxes and endless business obstacles. If you have $1M but stay in a country that penalizes winners, you’ll most likely stay a slave, just in a higher tax bracket.
The cheat code you are looking for in forex trading is in DAILY TIMEFRAME
Understanding daily timeframe and how it relates to LT (H4 and H1) and HT is something that is missing in your strategy
HT gives you direction and LT gives you entries but daily is the connection
Amani_Ndunguru retweeted
Fx Traders Tz Mkwapi..? 🇹🇿
Fx Twitter Community Kumepoa, Tuzinduke kama wanetu wa KE na Niger 😀
Dondosha handle kwa comment apo and lets connect
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Amani_Ndunguru retweeted
If you don't feel anything when taking a big loss or big win.
Congratulations you made it in trading.
The future is not some place we are headed and the path to it changes both the maker and the destination
In forex trading to be able to make some kind of quality distinction that will eventually develop into a vision of broader perspective,you will need to learn how to expand your timeframe perspective of market activity #marketmechanics












