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11 contributions to Trash Panda Trades
Updates to the Course and How to Use the Legacy Profits Club
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! āœŒļø- Derek P.S. Let me know any questions you've got or what you're most excited about in the comments!
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New comment 10d ago
Updates to the Course and How to Use the Legacy Profits Club
2 likes ā€¢ 11d
I appreciate the work you put into this. If you don't mind me asking, why do you split up the platform and have some here on skool and some on sub stack? What advantage do you hope to see?
It's Workshop Time! Let's Master Some Charts Together!
Tomorrow, I'm going to give you 3 keys to mastering charts that will increase your win % exponentially! It's time to stop being on the wrong side of the trade over and over again. Let's help you get over your false beliefs about the market and get into trades with confidence. See you tomorrow at noon EST. P.S. Comment, "I'm Coming" if you plan to be there Wednesday. Everyone who shows up gets a free gift. šŸŽ
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New comment Oct 2
1 like ā€¢ Oct 1
I'm planning on coming if work allows.
Unlocking Your Financial Goals One Decision at a Time
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. āœŒļø- Derek
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New comment Sep 25
1 like ā€¢ Sep 24
@Mikey Auskings I'm not sure how Dan does it, but I would assume he's talking about his journey in one of the channels. What I heard people suggesting is a accountability partner, which you regularly communicate with and talk about what you did and if it aligned with your trading plan and goals, you know, to keep yourself accountable.
šŸ”“ Live Workshop: Mastering Risk Management
Want to learn how to land the safest entries and the most profitable exits on your trades? On this upcoming workshop we will share the secrets to raising your profit factor so that you can become a consistently profitable trader. You won't want to miss it! See you at the workshop this Thursday at 8pm EST. Click here for the link. āœŒļø- Derek P.S. Comment "I'M COMING" below if you plan to be there live! Only the people who show up live will get a special surprise gift! šŸŽ
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New comment Sep 24
šŸ”“ Live Workshop: Mastering Risk Management
2 likes ā€¢ Sep 23
I'm planning on coming.
Live Workshop: Mastering the Daily Routine
Want to learn how I avoid overtrading and narrow down my trading setups to only the most consistently profitable ones? This Wednesday's workshop is perfect for you. Here's what you will learn: - How to get a quick overview of the best setups each night. - How to narrow down those setups and pick only the best - What to do in the morning before you ever take a trade. - How to execute consistency and avoid overtrading/ šŸŽ If you stay to the end of the workshop I've got a surprise for you! Here's the link. See you Wednesday at 8pm EST! -āœŒļø Derek P.S. We moved the time based on the poll last week to try and make the time work for as many of you as possible. Question: Can we count on you to be there Wednesday for the workshop?
Poll
6 members have voted
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New comment Sep 14
1 like ā€¢ Sep 13
Man, I got sick and missed it. Is there a recording by chance?
1 like ā€¢ Sep 14
@Derek Barnett Thank you, @Derek Barnett ! I will look for it next month.
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Frank Schroeter
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1point to level up
@frank-schroeter-6725
very private

Active 2d ago
Joined Aug 9, 2024
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