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The Infinity Game
Good Morning Traders!
In today’s email we’re going to discuss the following…
Today’s Market Breakdown
How to Outlast The Competition
MARKET BREAKDOWN

EUR/USD
Another strong move to the downside. I believe yesterday I mentioned I would’ve liked to go short (I’m still waiting for Oanda to open my new account lol)

USD/JPY
Huge downward price movement from UJ, gotta wait and see where it goes from here.

GBP/USD
Nice sell off from GU, Following the new downward trend we called out yesterday.

USD/CAD
Seems to be respecting the new trend aswell, we’ll have to see if it manages to break the previous highs.

NASDAQ
the downward movement is likely over, I think we start to see more moves to the highs again.
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PRO INSIGHTS
Outlasting the Competition in the Ever-Evolving World of Forex
Today, we're diving headfirst into a concept that's as intriguing as it is relevant to our forex adventures: Simon Sinek's "Infinite Game."

Not Just for Philosophers
First off, let's demystify this high-concept idea. In his eye-opening book, Sinek paints a picture of two types of games: finite and infinite. The finite game, like chess or football, has fixed rules and a clear endpoint. Players know what to do to win. Then there's the infinite game. Here, rules are dynamic, players come and go, and there's no "winning" – the aim is to keep playing.
Some other examples of Infinity Games are… Health & Fitness, Relationships, Business, etc.
These are all things we strive for success in, however we need to remember that you cannot win at being healthy, the goal is to get healthy and STAY healthy. You cannot win at relationships, you need to be the best version of yourself and maintain the relationship for as long as possible.

The Ultimate Infinite Game
Forex trading, my friends, is the ultimate infinity game. In the the markets, the only constant is change. Prices fluctuate by the second, geopolitical climates shift, and economic policies evolve. In this game, traders who look for a quick "win" often end up burned. The real champs are those who play the long game, adapting strategies, learning continuously, and staying resilient amidst market upheavals.
Strategies for the Long Haul
So, how do you thrive in this infinite game of forex? Here are some pointers:
- Adapt or Get Left Behind: The forex market is a beast of change. Keep abreast of global events, understand economic indicators, and never stop learning. Your strategy should be as dynamic as the market itself.
- Resilience is Key: Tough times? They're part of the journey. The market can be brutal, but bouncing back with renewed vigor and wisdom is what separates the seasoned traders from the novices.
- They Will Quit: In an infinite game, success isn't about crushing competitors; it's about outlasting them. Share knowledge and learn from others.
- The Infinite Mindset in Forex: Always remember, your goal is to continue playing the game… thats it. So don’t make a trade that’ll “Make or break” your account. Follow proper risk management and always live to trade another day.
The Game Never Ends
Remember, in the infinite game of forex, there's no final whistle, no checkmate. The market will outlive us all. Our goal? To play with passion and wisdom. Only those who truly love the game will succeed.
Trading through the lens of the Infinite Game isn't just a strategy; it's a philosophy. It's about embracing the constant flux of the market, adapting strategies, and maintaining a focus on long-term growth and learning.
STOIC QUOTE OF THE DAY
“Life is opinion.”
This short yet profound statement encapsulates the Stoic view that our experience of life is shaped by our judgments and beliefs about it. It suggests that what we consider to be reality is often a reflection of our own perceptions and opinions, highlighting the importance of cultivating a wise and reasoned perspective.
Regards,
Alex Butterfield
Founder & CEO, TraderEdge
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