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Legacy Profits Club

194 members • Free

Legacy Profits Club

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123 contributions to Legacy Profits Club
This is My Last Post Here (Keep Reading to Learn Where to Find Me)
Hey everyone, First off, I want to thank you for being part of this incredible journey with me here in the free Skool community. It’s been an amazing ride, but as all good things evolve, so must we. This will be my final post in this space. But don’t worry—I’m not disappearing! In fact, I’m taking things to the next level. I’m moving all my free trading content to YouTube and social media platforms like X, Facebook, Instagram, Tik, Tok, and Threads. This shift will allow me to reach more people and provide even more value-packed content to help you become a profitable trader. Here’s how you can keep growing and learning: 📺 Subscribe to my YouTube channel. 🐦 Follow me on X. 📘 Join me on Facebook. 🧵 I'm on threads too. 🎶 Get the latest updates on Tik Tok. 📸 Don't forget about Instagram. I’ll be dropping 1-2 videos per week on YouTube, covering everything from trading strategies to market insights and tips to level up your trading game. You don’t want to miss it! If you’ve enjoyed being part of this community, I promise you’ll love what’s coming next. And for those of you who are ready to take your trading to the next level, my Pro memberships are still available with even more advanced resources and coaching (discount ends tomorrow!). Let’s keep building your trading success together. I’ll see you on other platforms! ✌️- Derek P.S. Don’t wait—head to YouTube now and subscribe so you don’t miss the next video drop!
1 like • Mar 4
See you on YouTube, Derek!
🚨Attention! This Community will be Shutting Down in Two Weeks! Read Below to Get the Important Details and a Special Offer
As I work to enhance your learning experience and broaden the Legacy Profits Club reach, we have made the tough decision to close down this free skool community. To show my appreciation for your loyalty, support, and early adoption, I'm offering a special membership rate of $35/month for life to anyone who joins the Pro Community in the next two weeks. I'm excited to announce a new and more convenient chapter in this community's journey. More below! Why the Change? Skool has served us well, providing a platform for growth and learning. However, I’ve realized that the platform itself hasn't gained the traction I anticipated when Colby and I became early adopters of it. We believe there are more effective platforms for distributing our free content and building a vibrant community. By moving my free content to social media and YouTube, I aim to make my resources more accessible and convenient for everyone. What Does This Mean for You? - Access to Content: All the valuable content you're used to will still be available—just on platforms you're already familiar with. Currently, you can find me on X, YouTube, and Facebook and I will be making the transition to releasing regular content updates on them over the next couple of weeks as well as uploading my free course and other helpful videos there. - Community Hub: Our Pro Community isn't going anywhere! Legacy Profits Pro will now be the exclusive hub for serious traders ready to take their skills to the next level. This is where you'll find direct access to me, an extensive trading course, live trading sessions, daily trade ideas (I'll still be posting weekly ones on my social channels), Q&As, a thriving community of growing traders, and a deeper support structure. Next Steps - Stay Connected: I invite you to follow me on social media and subscribe to my YouTube channel to continue your learning journey with the Legacy Profits Club!
0 likes • Feb 19
This has been an awesome journey and I have loved being part of it! I am looking forward to getting more free content on YouTube, and getting trade ideas and feedback in the Pro community ✌🏼
🏆 Member Spotlight: Connor’s Journey from Break-Even to Consistent Profits
Today, I'm excited to share an inspiring success story from our Pro community that shows what's possible with the right education and mindset. Meet Connor (with his permission to share): - Started trading a few years ago - Was break-even with his trading before joining - Joined our Pro community in April of 2024 The Transformation: Before joining Pro, Connor was: - Switching strategies all the time. - Breaking even at best After implementing our Pro strategies: - Making $2 for every dollar lost. - Able to adapt his strategies to the market environment without being aimless 🎯 The Game-Changer: Connor attributes his success to our advanced position sizing strategy and understanding market conditions.He particularly emphasized how our risk management framework helped him size his positions correctly instead of using a one-size fits all approach. In His Own Words: "The most valuable lesson I’ve learned about trading in the community is that growing your account by 1% a week will make you a lot of money in the long run." Key Lessons from Connors Journey: 1. Patience in waiting for perfect setups 2. Proper position sizing 3. Community support matters 4. Following a proven system Want to join traders like Connor? Consider upgrading to our Pro membership where we share all our advanced strategies and provide daily market analysis. Keep crushing it, Trash Pandas! 🐼
0 likes • Feb 12
Nice work Connor!!!
📈 The Compound Effect: Why Consistency Beats Home Runs in Trading
Let me share something powerful about trading that changed my entire perspective - and might just change yours too. Most traders come to the market looking for that ONE big trade that'll change their life. They're hunting for the next GME or TESLA moonshot. But here's the truth: The real wealth in trading comes from consistency. Think about baseball 🏃‍♂️ • Home run hitters are exciting • But consistent batters win championships • It's about getting on base regularly • Small wins add up over time The same applies to trading: Small, consistent profits + Time = Significant Growth "But Derek, how do we achieve consistency?" It requires: • Rock-solid discipline • Proper risk management • Emotional control • A proven strategy • Patience But here's what it DOESN'T require: • Gambling your account • Taking massive risks • Trading every day • Catching every move • Being glued to your screen This is why at Legacy Profits Club, we focus on: 1. Building proper habits 2. Following a proven system 3. Managing risk first 4. Taking only quality setups 5. Celebrating small wins Remember: The tortoise beat the hare. 🐢 Warren Buffett didn't become wealthy overnight. He used the power of compound returns over decades. Your trading journey can follow the same principle. 💡 Pro Tip: Start tracking your daily wins. Focus on consistency rather than size. The compounds will take care of themselves. What's your biggest challenge in maintaining consistency in your trading? Drop a comment below! 👇
📈 The Compound Effect: Why Consistency Beats Home Runs in Trading
1 like • Jan 23
Man, I love this concept. Discipline, emotional control, and proper risk management coupled with a proven strategy 🦾
Weekly Market Update: What You Need to Know!
Let's break down this week's market action in simple terms and help you spot potential opportunities! 📊 Market Quick Take: Friday brought some interesting action with the "Trump pump" effect as traders positioned for Inauguration Day. Here's what you need to know: SPY Levels to Watch: - Resistance: $599.70 (like a ceiling) - Support: $593 (like a floor) - Trading Tip: Above the ceiling we have broken out of the downtrend. Below the floor we are back in the downward channel SPY has been in for weeks. QQQ Levels: - Upper Level: $527.92 - Lower Level: $517 - Learning Opportunity: Same story as SPY! 🎯 TUESDAY IS KEY! Mark your calendars! Tuesday could be a game-changer. We're watching to see if the market: a) Breaks higher (bullish) OR b) Falls back into recent trading ranges 📅 Important Events This Week: Thursday: - Jobless Data (shows us how the economy is doing) - Trading Tip: Watch how the market reacts in the first 30 minutes after this news Friday: - Housing Market Data (tells us about consumer confidence) - Perfect opportunity to practice news-based trading! BONUS: Big companies start reporting earnings! Great time to learn how earnings affect stock prices. 🔍 Sector Watch: Energy Sector (XLE): - 16 days straight above its 5-day moving average - Great example of strong trend momentum - Learning Point: This is what a strong move looks like! Financial Sector (XLF): - Shows promising upward movement - Watch Tuesday's close for confirmation - Perfect for practicing spotting breakaway gaps! 💡 Educational Corner: Want to understand these market moves better? Don't forget to: 1. Join our free Masterclass this week: "Mastering the Daily Routine" 2. Check out our free course section on charting. 3. Practice spotting these patterns on your own. Remember: Success in trading comes from education first, action second. Use this information to learn and observe - don't rush into trades!
Weekly Market Update: What You Need to Know!
0 likes • Jan 20
Love this Derek!!
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Colby McElrath
5
275points to level up
@colby-mcelrath-4850
Neurodivergent and proud! Business Coach, Zoologist, and Home Chef. Living the dream in beautiful Colorado. Not all who wander are lost!

Active 11h ago
Joined Apr 9, 2024
ENFJ
Denver Colorado
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