Super excited to launch the Legacy Profits Club this week. Some things in it will feel very familiar. Some things will be completely new! The goal is to help you start making consistent money in the market. So, let's talk about how to get the most out of it. Risk Management: Stop Losses: I'll be giving the exact entries and exits on each trade as well as the stop loss requirements. Position Sizing: I always base my position size on the potential downside risk. Here's what the grading system will look like: - A+ trades : Best risk to reward ratio, full position size. - A- trades: Good potential, slightly higher risk, 75% position size. - B trades: Moderate risk, half position size - C trades: Highest risk, 1/4 position size. Make sure you have watched the risk management portion of the course AND I highly recommend the risk management workshop I'll be hosting next week to fully understand risk on these setups. Trade Execution: As long as market conditions allow, I plan to release 3 trade ideas each week to the legacy profits club: - Earnings trades: Notifications on as I will only give a few minutes notice on these. - Small cap swing gaps: Set and forget trades. These will last from a day to a month. - Wheel Strategies: This will be for those with medium size accounts to generate income while waiting on long term investments. Updates to the Course Tab: This is a BIG ONE! To make it simple, I've simplified the trading course by removing some of the setups and adding some NEW setups for you to learn. Go watch them ASAP! Let's make some money next week! ✌️- Derek P.S. Let me know any questions you've got or what you're most excited about in the comments!

No one likes to lose money on a trade. Call it pride, call it embarrassment, call it whatever you want. You want to know what feels worse than losing on a trade for most of us? Sharing our losses with others. I know exactly how this feels. I put myself out there in our Pro Community every single day with a trading plan. This means that there's no covering up my mistakes or bad calls. But do you know what else sharing my trades (including my mistakes) does for me? It makes me a better trader. Why? 1. Accountability When I know that other people are looking at my trades, I'm far less likely to do something stupid or emotionally trade. I'm going to be far less likely to see something that isn't there. And, if I'm making the same mistakes over and over again, you better believe that people are going to call it out. 2. You learn more from losses than wins. Most of the time when we win, we don't take the time to analyze our wins. Instead, we go straight to celebrating. This can even reinforce bad trading habits if we aren't careful because we got away with mistakes. Our losses are painful. They force us to look inside and analyze what went wrong. What's even more painful? Sharing those losses with others. Yet, it's sharing those losses that can help us break through the ceiling of our own trading. Sometimes, we don't even know what's going wrong. Sometimes we don't see that we are making the same mistakes over and over again. But do you know who does? Others when we share them. 🤫 Let me let you in on a secret. 🤫 I've been teaching traders for a long time and I can tell when people are losing. You know how? They stop sharing. Whether it's posting screenshots on social media or posting in the chats, everyone feels comfortable sharing a win. When it gets quiet, I know people are struggling in silence. IT SHOULDN'T BE THIS WAY! When you are struggling with your trading, you should do the very thing that everything inside of you screams not to do - share your struggles.

If you want long term success, you've got to learn to manage risk. Anyone can get lucky with a big trade. But without risk management, you'll give most of your gains back sooner rather than later. Last night in our workshop, we talked about safe entries, how to approach profit taking, and where to place stop losses. If you missed it, no worries! We'll have the workshop again in a few weeks. For those of you who did make it, take a second and post your takeaways in the comments so that others can learn too! ✌️- Derek

Whether you're aiming for a modest supplement to your income or a significant life change, the market offers opportunities for all. Let's take inspiration from one of our members, Dan. Recently, he achieved a 10% return in just two weeks. Here's what Dan focuses on: - Consistency: He's dialed in on ONE setup that we teach in this free community. - Journaling: He's able to see exactly what he's excelling in and where he can improve. - Accountability: He's regularly being vulnerable and opening up so he can grow. Dan's approach has led to over a 75% win rate and a remarkable profit factor. If you're struggling, let me help you save some market tuition. Make sure you are taking advantage of ALL of the resources and opportunities we have in here to help you grow. Including: - Bonus content you can access through leveling up - Engagement in our community to grow together - Trash Panda Trading Games Rewards If you need help mapping out what a road to profitability could look like for you, click here to schedule a free roadmap to wealth session with Colby. Remember, every small step towards consistency can lead to significant outcomes. Your journey towards financial freedom starts with a single, committed action. Let's make it happen together. ✌️- Derek

Hey Trash Panda Traders! Let’s build a strong community by sharing our daily trade recaps. What did you trade today? What strategies worked, and what didn’t? Let’s learn from each other and refine our skills together! Drop your charts, insights, and any lessons learned in the comments. 💹🔥