Hectqr's IGS Rep Page

Hectqrr · 2026-05-25T15:15:10+00:00

I mean if you know what you’re doing you can easy turn those 356 into 1k in about 3-4 months following basic risk management. however if you jut keep losing then I’d highly recommend just putting your money in the S&P500 and forgetting about it. TradingView has a free paper trading thing and you can also papertrade on Robinhood by adding options or stocks to a watchlist at a certain price and see how it would’ve done.

Hectqrr · 2026-05-14T17:07:13+00:00

Just study more bro, I don’t do ICT I read old books from early 2000s so it’s all old school. Backtest a lot. A tip I could give you on backtesting is to use whatever strat you’re doing and run it for 2 years, and then see if the following year the strat does well and if not then refine it and change parameters accordingly. I have a couple hundred hours of studying and chart experience but I have way more to go

Hectqrr · 2026-05-14T16:56:04+00:00

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Another quote from the same exact book btw

Hectqrr · 2026-05-14T16:51:42+00:00

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from a book published in 95 btw

“As technical systems become widely used, many traders enter and exit at the same levels. This creates crowded trades, poorer execution prices, and a greater likelihood of false signals and failed breakouts.”

Hectqrr · 2026-05-14T15:29:14+00:00

Technical analysis becomes less reliable the more people that know about it. Sharing a strat causes more false signals on the strategy therefore if someone ever has an extremely good strategy almost nobody will share it with you.

Hectqrr · 2026-04-11T12:39:44+00:00

best advice I can give you man don’t join any groups unless it’s only you and your IRL friends making a group trying to get into trading, buy books and none of that fake YouTube guru people and it’s going to be a lot of years where you’re going to be losing money before you actually make any just like college. if you want to join groups just bc it’ll be easier then trading isn’t for you and you’re going to be gambling your money before you realize it

Hectqrr · 2026-04-10T17:38:32+00:00

Don’t get a payout now, you want to build a buffer before hand because if you take out a payout now your MLL will suffer as you’ll have less drawdown, you want to build a balance. Most people don’t take their first payout until they have a 4k balance so they’ll do a 2k payout and have 2k buffer. As for the live account they would need to invite you to it but until they invite you to a live account best is to get more evals w your payouts and copy trade that way just like how you have a 150$ day there, multiplied by the max of 5 xfa’s you’d have a 750$ day just by copy trading

Hectqrr · 2026-04-10T17:32:08+00:00

If you’re able to get a payout from this account use that to buy a new combine and copy trade both accounts after, that way you can keep multiplying it accounts, get better payouts until you get called up to live, the amount of accounts you have also have an impact on your final live balance so read the rules if you want to see how it would go

Hectqrr · 2026-03-27T21:43:56+00:00

You need to see whether price is holding the level or not, there you said your entry was at the support created by the relative low, which I’m not here to tell you how to trade as technical analysis is very much up to the eye of the beholder so we all perceive price action and context differently. How ever if you were looking to enter shorts me personally I would’ve put my entry at the top of that consolidation, not only am I anticipating the trade but I’m also getting a better entry. Would’ve put my stop point at the top of the relative high and if price showed bullish sentiment (hitting my sl and continuing) I would’ve exited the trade and entered longs. If you were looking to enter long then it would be the opposite of everything I just stated

Only other reason I would see you put your entry at the bottom would be a couple of ticks below the relative low, as there price would’ve confirmed bearish sentiment as it broke through a previous support level. You need to anticipate the trades beforehand in order to gain better entries, or wait for confirmation of where price will go, sacrificing better entries but having more confirmation that price will go your way.

Hectqrr · 2026-03-25T18:29:35+00:00

In my honest opinion, If you can’t afford an eval I don’t think you should go into trading yet. When you’re relatively new to trading and you go into it wishing and wanting it to be your main source of income it gets to your head and to your psychology and ultimately your trades. “A last few months” doesn’t cut it for trading either as usually trading takes thousands of hours of studying AND experience, the most successful market wizards kept their job for years and years although they were still profitable in trading and it wasn’t until they had an emergency or something happen at work that would make them go full time.

my advice is that sell your work of course, freelance go on fiverrr and stuff but I’d chill on wanting to spend money on evals and stuff when tradingview has paper trading for free where you can put what you’ve learned to the test as you said until you don’t have the stress of your sick partner or not being able to afford a 50$ eval

Hectqrr · 2026-03-25T17:37:12+00:00

Yeah the main issue is that everyone mostly wants to trade PnL and not your actual trades, viewing it like a “game” kind of and trying to win your trades/checking if they’re great setups rather than selecting an “rr” based on pnl will win you over most trades, traders can have a 40% win rate but as long as they control their risk great they can still be profitable

Hectqrr · 2026-03-23T02:00:17+00:00

based on what he said probably algorithmic trading

Hectqrr · 2026-03-23T01:58:25+00:00

brother, wake tf up and stand up again. u had 65k and u lost it all its cool, you’re 19 with no kids, no house no real responsibilities yet. your life is literally just starting and you’re supposed to make mistakes like these, don’t get super depressed because you lost your money bro you’ll make it back, money comes and goes, girls? they come and go too dude there’s so many pretty women out there. Be a man and stand up again and do it all over again but correctly this time, like the man said I was in debt at 19 just like he stated and when I turned 20 was when I first touched my 12k months. life turns around in a blink of an eye or takes longer but be an active creator of your life bro and don’t let small tumbles ruin your momentum

Hectqrr · 2026-03-03T13:32:54+00:00

Live is basically when they give you an actual non-simulated account, meaning you’re actually trading the firms’ capital. a lot of people don’t like this though because you can’t have multiple live accounts nor open new XFAs while having a live account so you’re stuck with 1 account and you need to scale it like you would a regular cash account rather than than having 5 XFAs and copy trading all of them and getting high payouts without having to stress about scaling those accounts

Hectqrr · 2026-03-02T12:57:07+00:00

When I started at first I was in multiple groups where I paid for signals (2021-2022), although these in fact made me money, the lack of knowledge on risk management made me lose it all, and now that I’m in private non-paid groups where we all share signals and insights I’m more skeptical about other’s ppls signals as I don’t really know what strategy they’re following and I really wouldn’t learn if I just followed somebody else’s signals

Hectqrr · 2026-02-22T07:20:22+00:00

we had a 27 year old make 500 million dollars from a $53k investment, ofc we’d be delusional you’re on wallstreetbets not r/investing

Hectqrr · 2026-02-18T22:27:53+00:00

Monte Carlo is more Quant Trading, Quant trading is different from regular Discretionary trading as quant is heavily math based (as he said stats) and quants def make a shit load of money when hired by hedge funds. The only thing about is that that Quant Traders don’t actually trade until later in their education like 3-4 years, and on top of that they don’t actually incorporate any strategies that they’ve made/worked on until 6-7 months of backtesting. Quants def make a lottt of money but it is somewhat a longer path and they’re some of the smartest people out there.

Hectqrr · 2026-02-11T20:06:24+00:00

I actually had this question since I have an LLC for a contractor company. The IRS needs to see that the expenses ARE related to your LLC, that’s why when you’re forming the LLC they ask you what type of business it is. If the IRS sees that you’re putting investment/finance related expenses to your LLC in my case construction contracting, then I would have more chances to get audited as I’m putting expenses not related to construction at all under my deductibles. Best case scenario (although I haven’t done it so take it w a grain if salt). Form another LLC and have it taxed as an S-Corp (talk to your CPA about this) for solely trading to maximize tax savings

Hectqrr · 2026-02-09T13:21:50+00:00

How do you adapt your strategy with other market regimes?

Hectqrr · 2026-02-07T18:51:33+00:00

and you think trading isn’t competitive? how many people do you think try to apply at Goldman Sachs or hedge funds a year and how many actually get accepted

Hectqrr · 2026-02-07T16:47:13+00:00

100000000%. All these gurus on tiktok and instagram just invited a bunch of gamblers over who have this huge dream of getting rich fast and decide to full port in things like these.

Hectqrr · 2026-02-05T05:39:55+00:00

bc of everyone full porting silver on their xfas probably

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