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- VTF: 🚀"Risk and Reward: The Fine Line"🧠💡 (1)
VTF: 🚀"Risk and Reward: The Fine Line"🧠💡 (1)
👀NEW 83% OFF FUNDING FLASH SALE - ENDS TONIGHT and Scaling the Odds in Your Favor
VTF : Jered King Trading
22 Dec • Estimated Reading Time: 7 minutes
What we will be covering in today’s newsletter
A New Bulenox Flash Sale That Ends Tonight
Scaling the Odds in Your favor, like pro gamblers
The three most important aspects most traders I help are missing
Check out the YouTube Membership on my Jered King Trading Channel
You don't want to miss out on the community of like minded traders.
That will undoubtedly elevate your trading journey to unprecedented heights. Brace yourselves for the 3 X per Week Live Trading sessions, where the magic of the market unfolds before your very eyes!
I am proud to share that our recent track record has been nothing short of exceptional. In an impressive streak of 6 out of the 7 live trading I was up $1,000 or more at the end.
Plus after market close live stream 3 times X a week for analysis and review during Asian session.
6 Streams Sun-Fri
Price of membership = A cup of ☕ coffee “$3.99”
Check Out My YouTube Membership
https://youtu.be/BcRfQGhERr4
This week’s funding discounts
Look at how fast Take Profit Trader is getting with their payouts Requested today at about 1:30 p.m. and received it in under two hours ! I use PayPal, so its instant, but this is a new record from them!
Bulenox FLASH SALE: 83% Off:
Use the Code KING83
25k through 250k Option 1 Accounts in the flash sale
It ends tonight, 12/22, at midnight Eastern Time
Use the discount code "KING83" for 83% off Option 1 accounts.
New Apex Trader Funding Sale
71% off all accounts and half off resets
Ends 12/31
Use the discount code "PROVEN50" for 71% off all accounts.
To obtain a discount, click the image below or the button and use the Code👇👇⬇️.
Take-Profit Trader Discount
50% off all accounts has been extended until 12/28
Get an extra account for free with every single account they purchase when they pass the test!
Lifetime discount: That means if you let it get rebilled, the evaluation resets and the deal applies until you cancel or pass.
Use the discount code "KING" to get 50% off all accounts.
To get access to the discount, click the image below or the button, and also use the code👇👇⬇️.
TopStep Discounts:
50K, 100K, and even 150K accounts are on sale.
150k price right now $149
100k price right now $99
50k price right now $49
To get access to the discount, click the image below or the button, and also use the code👇👇⬇️.
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Professional Blackjack:
Uses card counting and strategy to gain an edge.
Plays with a slightly positive expectation.
Capitalizes on favorable decks.
Minimizes losses during unfavorable conditions.
Day Trading:
Employs a high-probability trading strategy.
Utilizes risk-reward ratios favorably.
Manages risk with stop-losses and position sizing.
Adapts to market conditions and trends.
Just like these risk-takers, we traders can also make profits in a challenging market environment. If they can thrive against all odds, so can we! Let us conquer the market together! 📈
Here are the ways we can trade like pro gamblers:
Unpredictable Outcomes: Recognize that both trading and gambling involve uncertain outcomes. Understanding this helps set realistic expectations and manage emotions.
Trading Strategies: Implement trading strategies based on sound analysis and proven methodologies. Backtest these strategies to ensure they have an edge in the market.
Risk Management: Prioritize risk management and develop a risk-reward ratio that aligns with your trading goals. Avoid risking more than you aim to make, and consistently stick to your risk management plan.
Define Your Edge: Similar to professional gamblers, identify your trading edge—a unique advantage or strategy that consistently yields profitable results. Trade based on your edge, and avoid entering trades when no clear advantage is present.
Skew the Odds in Your Favor: Make adjustments to risk-reward ratios and trade setups to increase the probability of profitable trades. Avoid relying solely on luck and chance for success.
Remember, successful trading requires skill, knowledge, discipline, and continuous improvement. By adopting a professional gambler's mindset and applying these principles, you can increase your chances of trading profitably.
What I've learned this week in my trading
These last 2 days, the Nasdaq whooped my ass, not gonna lie.
With a combined win rate from each day this week of 62% but a mismal risk-to-risk ratio of 0.82, its no wonder I took -$1080 for the week.
So I definitely learned that even though I'm trading with a good win rate, I still have to be focused on. My risk in reward is just as much, if not more; it is the most control we have at any point after we put on a trade.
What I am working on this week
I am really focused on continuous control over my motions and improving my R and R obviously.
Jered King
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