9 Truths That Will Make You Unstoppable In Trading.
1. The less I trade the more money I make by avoiding trades taken from impatience and boredom.
2. My number one job as a trader is to manage risks and keep the capital I already have not make money.
3. The best traders in history were the best risk managers not the best at entries and exits. The traders that survived to be the big winners were able to accept when they were wrong and exit a losing trade.
4. The ability to admit you are wrong about a trade and get out is more important than being confident in a winning trade and staying in no matter what. The risk of ruin is greatest when you have conviction about a trade and canβt accept when you find yourself on the wrong side of a strong trend.
5. Winning traders think like a casino losing traders think like gamblers. What is the best way to make money in a casino? Own the casino. Casinos are profitable because they have a mathematical edge (Breakfree Tradingβ’ algorithm in our case) that plays out over the long term as long as they have table betting limits.
6. Opinions, projections, and predictions are worthless, trade the price action. Good trading systems can only take signals in the present moment. The future does not exist.
7. At times market fundamentals can be good filters for a trader but they are always terrible masters. Price trends where it wants regardless of fundamental valuations.
8. Only your date stocks but marry your risk management. Stocks are only good if they are going up.
9. The smaller and more focused my watch list the better I trade what is on my watch list because I know the backtested price action and the historical charts very well.
1. The less I trade the more money I make by avoiding trades taken from impatience and boredom.
2. My number one job as a trader is to manage risks and keep the capital I already have not make money.
3. The best traders in history were the best risk managers not the best at entries and exits. The traders that survived to be the big winners were able to accept when they were wrong and exit a losing trade.
4. The ability to admit you are wrong about a trade and get out is more important than being confident in a winning trade and staying in no matter what. The risk of ruin is greatest when you have conviction about a trade and canβt accept when you find yourself on the wrong side of a strong trend.
5. Winning traders think like a casino losing traders think like gamblers. What is the best way to make money in a casino? Own the casino. Casinos are profitable because they have a mathematical edge (Breakfree Tradingβ’ algorithm in our case) that plays out over the long term as long as they have table betting limits.
6. Opinions, projections, and predictions are worthless, trade the price action. Good trading systems can only take signals in the present moment. The future does not exist.
7. At times market fundamentals can be good filters for a trader but they are always terrible masters. Price trends where it wants regardless of fundamental valuations.
8. Only your date stocks but marry your risk management. Stocks are only good if they are going up.
9. The smaller and more focused my watch list the better I trade what is on my watch list because I know the backtested price action and the historical charts very well.
Merry Christmas (Eve) everyone! We're getting so close to the end of 2019, BFT Team hopes you're ready to start fresh in 2020. We'd like to thank every one of our members for being a part of our fast growing community.
A very exciting, and very big update for the BFT algorithm is going to come out very soon in early 2020, we're working hard to polish this revamp of the algo and provide a better trading experience for all of you.
Keep in mind that this update also comes with changes to our pricing structure. However, b signing up for our trial before January 1, 2020, your subscription status will remain as early-access members and be able to retain the pricing $49/month for the Discovery plan and $199/month for the Pro plan before the end of the year.
For those of you wondering about trading during the holidaysβthe markets will only be closed on Christmas (25/12/2019) and New Year's Day (01/01/2020) only. Click the link below to see the schedule for all markets:
https://www.icmarkets.com/blog/holiday-trading-schedule-dec-2019-jan-2020/
BFT Team ππ
A very exciting, and very big update for the BFT algorithm is going to come out very soon in early 2020, we're working hard to polish this revamp of the algo and provide a better trading experience for all of you.
Keep in mind that this update also comes with changes to our pricing structure. However, b signing up for our trial before January 1, 2020, your subscription status will remain as early-access members and be able to retain the pricing $49/month for the Discovery plan and $199/month for the Pro plan before the end of the year.
For those of you wondering about trading during the holidaysβthe markets will only be closed on Christmas (25/12/2019) and New Year's Day (01/01/2020) only. Click the link below to see the schedule for all markets:
https://www.icmarkets.com/blog/holiday-trading-schedule-dec-2019-jan-2020/
BFT Team ππ
What is your favorite feature of Breakfree Trading algorithm 3.0 Beta so far?
Anonymous Poll
27%
In-built position size calculator
14%
Price Action Senseβ’ (PAS)
32%
Upgraded algorithm accuracy
21%
X Mode
6%
Dark mode
For those who didn't know, we've launched a beta version of our new update, BFT Algorithm 3.0 last week. This update includes a variety of new features which is going to make trading even simplier and more efficient (as if that's still possible!) βοΈ
If you have access to Week 2, you can watch an introduction video for this update here. Message Tricia @BFT_Tricia if you'd like to try out the beta before the official launch.
Wonder how it's like? Here's a sneak peak of the new info panel and settings π€©π
If you have access to Week 2, you can watch an introduction video for this update here. Message Tricia @BFT_Tricia if you'd like to try out the beta before the official launch.
Wonder how it's like? Here's a sneak peak of the new info panel and settings π€©π
Back with the livestream in a few hours on www.twitch.tv/breakfreetrading
Updates on BFT Algorithm 3.0 & more. Submit your questions during the livestream or @BFT_Tricia if you can't make it Exact time will be announced shortly. Who's joining?!
Updates on BFT Algorithm 3.0 & more. Submit your questions during the livestream or @BFT_Tricia if you can't make it Exact time will be announced shortly. Who's joining?!
Anonymous Poll
30%
Me πββοΈπββοΈ
32%
I'll try my best to make it x
38%
Not free today, but will wait for the rewatch
Join the first BFT livestream of 2020 here! Starting now π€©
https://www.twitch.tv/breakfreetrading
https://www.twitch.tv/breakfreetrading
Twitch
BreakfreeTrading - Twitch
Breakfreetrading.com
The first livestream of 2020 has concluded! For those who missed it, you can save this link to watch later ππ
https://www.twitch.tv/videos/535364517
Content includes details of the 3.0 update, trade reviews, chart analysis, etc.
https://www.twitch.tv/videos/535364517
Content includes details of the 3.0 update, trade reviews, chart analysis, etc.
Twitch
Twitch is the world's leading video platform and community for gamers.
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For those who don't have the latest version of the algorithm - please see below π
You can now update your algorithm on the chart as well to version 3.0.5 - please follow the following steps to update the algorithm on your TradingView chart:
1) Remove the current algorithm by clicking X when you hover over the Breakfree Trading Algorithm in the top left corner of your chart.
2) Close and reopen Tradingview chart (very important)
3) Go to Indicators and add the algorithm again
Unfortunately, this is what you'll need to do every time when an update comes out due to limitations on TradingView π
---
BFT Help Center & Knowledge Base (still in progress):
https://intercom.help/breakfreetrading/en
You can now update your algorithm on the chart as well to version 3.0.5 - please follow the following steps to update the algorithm on your TradingView chart:
1) Remove the current algorithm by clicking X when you hover over the Breakfree Trading Algorithm in the top left corner of your chart.
2) Close and reopen Tradingview chart (very important)
3) Go to Indicators and add the algorithm again
** Make sure you choose the plan you're subscribed to **
The update should appear when you complete these steps. If it still doesn't work: you may try signing out, clear cache & cookies, and repeat the aforementioned steps.Unfortunately, this is what you'll need to do every time when an update comes out due to limitations on TradingView π
---
BFT Help Center & Knowledge Base (still in progress):
https://intercom.help/breakfreetrading/en
We've been seeing a lot of our new users who aren't aware that Week 2 content is automatically added to your account after you sign up for the 7-day trial.
If you haven't seen the videos in the second week π please log in and go to https://breakfreetrading.com/library to find Week 2 training videos to master the BFT strategy
---
X mode
Regarding the X mode, we are now preparing more content to better explain how you can implement this mode. Please hang tight and stick with the regular mode for now if you're still unsure how it works.
Right now, the X mode is available on both Discovery (4H and 1D timeframes only) and Pro plan
If you haven't seen the videos in the second week π please log in and go to https://breakfreetrading.com/library to find Week 2 training videos to master the BFT strategy
---
X mode
Regarding the X mode, we are now preparing more content to better explain how you can implement this mode. Please hang tight and stick with the regular mode for now if you're still unsure how it works.
Right now, the X mode is available on both Discovery (4H and 1D timeframes only) and Pro plan
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How to enable X mode
Watch our latest livestream to learn more about the X mode and 3.0 update π
Watch our latest livestream to learn more about the X mode and 3.0 update π
Hello fellow Breakfree Traders!
Tricia here - I want to let everyone know that when I adjust your subscription on Stripe (our payment system), it sometimes will remove Week 2 from your account. Please let me know if you don't have access to Week 2 anymore and I will manually add it back to your account.
Message me π @BFT_Tricia
Thank you and sorry for the inconvenience!
Tricia here - I want to let everyone know that when I adjust your subscription on Stripe (our payment system), it sometimes will remove Week 2 from your account. Please let me know if you don't have access to Week 2 anymore and I will manually add it back to your account.
Message me π @BFT_Tricia
Thank you and sorry for the inconvenience!
Good morning traders.
A new week has begun. Markets are open.
Breakfree Trading is operating as always. Sitting on the sidelines waiting for other traders in the game to make mistakes.
By the way 3.0.9 has just been released, make sure you update π
A new week has begun. Markets are open.
Breakfree Trading is operating as always. Sitting on the sidelines waiting for other traders in the game to make mistakes.
By the way 3.0.9 has just been released, make sure you update π
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Has anyone noticed that we added English captions to our Week 1 content last week?!
β
Week 2 training is currently being updated, so the subtitles will come after we finish the new content. Stay tuned! π€©
β
Week 2 training is currently being updated, so the subtitles will come after we finish the new content. Stay tuned! π€©
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π₯ 3.0.10 UPDATE IS HERE π₯
You can now update your algorithm on the chart as well to version 3.0.10 - please follow the following steps to update the algorithm on your TradingView chart:
1) Remove the current algorithm by clicking X when you hover over the Breakfree Trading Algorithm in the top left corner of your chart.
2) Close and reopen Tradingview chart (very important)
3) Go to Indicators and add the algorithm again
Unfortunately, this is what you'll need to do every time when an update comes out due to limitations on TradingView π
You can now update your algorithm on the chart as well to version 3.0.10 - please follow the following steps to update the algorithm on your TradingView chart:
1) Remove the current algorithm by clicking X when you hover over the Breakfree Trading Algorithm in the top left corner of your chart.
2) Close and reopen Tradingview chart (very important)
3) Go to Indicators and add the algorithm again
** Make sure you choose the plan you're subscribed to **
The update should appear when you complete these steps. If it still doesn't work: you may try refreshing, signing out, clear cache & cookies, and repeat the aforementioned steps.Unfortunately, this is what you'll need to do every time when an update comes out due to limitations on TradingView π
We've finally added the Reviews tab on our Facebook page! (Not that we didn't want to before, we've actually just been overlooking this part).
You can now leave your feedback, thoughts, experiences with our system here. Spread the love! π§‘
https://www.facebook.com/BreakFreeTrading/reviews/
Thank you again for your amazing, continuous support!
You can now leave your feedback, thoughts, experiences with our system here. Spread the love! π§‘
https://www.facebook.com/BreakFreeTrading/reviews/
Thank you again for your amazing, continuous support!