The Inner Circle Trader Profile picture
Mar 30 7 tweets 2 min read Twitter logo Read on Twitter
One of the most frustrating things I see as a Mentor and mentoring others in Price Action... contrarians.

I am the poster boy for going against the grain... I have done it all my life. So I understand it, I really do...
I seen my Uncle fade me and my analysis and fail.

I seen students who paid me to learn how I see these markets, fade me and my analysis and fail.

My oldest Son is a contrarian... and failed in crypto.

My other Son has shown himself to be the same.

I have to let pain teach.
"Let me try it on my own... I have to try."

Once.
Twice.
Thrice...

Needless and creates doubts... fear and performance anxiety.

I wish I was more effective in conveying the fact that you do not need to do the dumb stuff to learn it is dumb.
If I take the time to outline a market and point to specific levels above the market, what sense does it make to Short?

What is going through the mind of the contrarian at that moment?

How frustrating for them to see my levels reached and being contrarian was a failure?
Troll or hater, want to say they faded me successfully... I get that, that goes without saying and it is hard to find those, how unfortunate for them.

However, for my students and children... I struggle to understand how this makes sense.

Perhaps it is "Simba Syndrome".
"Simba Syndrome" is kind of like Lion King... where young Simba wants to show everyone he is the next King of the pride... the heir to the throne.

Instead of listening to sound logic & experience he ventures into trouble by doing the opposite.

Listen to Mufasa & learn please...
If you fade my experience you don't want the results the market presents you...

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More from @I_Am_The_ICT

Mar 30
In the parable of the Jade Master, what was the student doing with the piece of Jade he was given?

Everything he was going to do and those things he submitted to by the Jade Master's insructions.

When he didn't want to submit, he was sent home... without the Jade in his hand...
In my teachings, lectures & tweets, I am placing real market insights or "Jade" into your hands.

You don't fully understand the impact or strength of this experience when you are on your first few visits to me.

Over time, you will doubt less, interrupt less and see progress.
The best determination of progress is to watch other YouTubers and livestreams.

You will tell the difference between that and the real Jade I placed in your hand.

It is not invitation to troll or talk down to others... no, but rather observe quietly their ignorance.

Unnoticed.
Read 4 tweets
Mar 29
It is a Good morning...

Trust you are well this day.

Yesterday, I put you through some difficult paces, my Son too.

Like any conditioning, it comes with effort, discomfort, and temporary inability to see the finish line.

However, now you have more experience...
If you turn your attention to the levels, I went over on YouTube for the ES review...

We dropped down to the +Breaker, rallied to the Buyside Liquidity.

Yesterday, the final hour managed to rally nearly to the Opening Range Gap High entirely in the last 40 mins.
My Son managed to put his account at 150724 & grumbled this morning he wished he held his long longer.

Much like he transition from demo to real funds trading; he & you will go through growing pains.

Immaturity leads to unrealistic personal performance expectations.

Patience.
Read 8 tweets
Mar 22
Submitting to "Time":

The parable of the Jade Master shows two sides of the story of learning. The Jade Master knows what it takes to learn properly while the would be student does not.

The Master invites time to do its job, while the impatient student resists the entire time.
The Jade Master gives the would be student real jade from the start of his learning, while the neophyte students does not recognize he is being trained properly.

The Master submits to the task of teaching, while the impatient student doubts the entire process continually.
When the Master sees the impatience too high, he sends the would be student home. Not for good, but to allow him to feel shame for his impatience.

Once time has worn them into seeing their error, he returns to the Master once more.

The Master greets him again, like always.
Read 9 tweets
Mar 19
Simple Model Example Diagram

In Bearish Markets, using Premium Arrays anticipate Bearish Breakers to form. Wait for Price to displace lower, Short the -Breaker, use Stop Loss above the High of -Breaker.

Target Discount Arrays, like opposing +Breaker. Target Mean Threshold.
In Price it looks like this...
Reverse the logic when Bullish... simply using Discount to Premium.
Read 6 tweets
Mar 18
My thoughts on Bitcoin, and all things, Crypto...

I mentioned last summer in spaces here, that 2023 early spring we would see something develop.

CBDC are coming, Crypto needs to be UP to suffer later at the hands of CBDC which will be ushered in as a solution to Crypto failure.
As Bitcoin and other Crypto has slide lower the past months or longer, it has grown lame and as such lost the attention it held at 60k levels.

How does the Producer incite attention in audiences?

Drama! Bitcoin rallies higher, people chant for its comeback... 100k targets...
Imagine this plot twist...

Crypto and specifically Bitcoin trades to 33 to 35k... then crashes quickly, violently...

The media covers it as an Armageddon for investors.

Enter Stage Right: CBDC

Action!
Read 4 tweets
Mar 5
Which is a true testimony of Trading skill:

1) Windfall equity increased, coupled with overleveraging and wild drawdowns.

2) Steady equity curve higher, measured minimal drawdown and never overleveraging.

If the second makes less money, is it inferior to the first?
Why is the first approach likely to reach ruin faster and more likely than the second?
What effects on the Trader does the first Trader encounter that the second does not contend with?
Read 11 tweets

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