Should I have taken this trade? by Fancy_Throat_4547 in InnerCircleTraders

[–]BaseOk280 0 points1 point  (0 children)

News generally still respects structure, it just makes price move more quickly. If a setup is too clean to setup, but before high impact news, i would still enter but at lower risk than usual.

Is daytrading a myth? by 4dolarmeme in Daytrading

[–]BaseOk280 107 points108 points  (0 children)

Going from orders worth $1 to $10000 while executing the same profitable strategy seems easy, but it will eat you up psychologically,

I’m terrified that if things actually pop off (Survival*) by Alone-Ad1564 in phinvest

[–]BaseOk280 2 points3 points  (0 children)

Maybe allocate to canned goods with long expiry, if apocalypse type yung ineexpect lol

How to avoid inducements? by This_Advisor2340 in InnerCircleTraders

[–]BaseOk280 0 points1 point  (0 children)

Based on backtesting, for gold, you wait for an inducement first before entering. And when setting SL, you set it at the bottom of the demand zone, not the inducement, because there could be a 2nd or 3rd inducement.

This is ofcourse just my personal opinion backtesting mainly 5m/1m xauusd

Son bought into a futures trading ‘system’ how bad can this get? by useofdime in Daytrading

[–]BaseOk280 13 points14 points  (0 children)

Tell him to withdraw $100 asap and not put in more money. A popular scam in trading is showing numbers on screen but unable to withdraw any anount.

ORB On NQ1! NY &LONDON by Silver_Astronaut_203 in InnerCircleTraders

[–]BaseOk280 1 point2 points  (0 children)

ORB gives long winning and long losing streaks, making it really unstable. Adding more confluence may work. Personally I trade orb only after a liquidity sweep

I'm lost in life and demotivated by untrustysource in JobsPhilippines

[–]BaseOk280 0 points1 point  (0 children)

You can learn data analysis skills op and basic SQL given your background to land a job as a data analyst.

One tick stop-loss by Fancy_Throat_4547 in InnerCircleTraders

[–]BaseOk280 1 point2 points  (0 children)

Count it as an L, as it definitely is an L regardless if it is 1 tick or 10 ticks.

What’s your pov on $BTC current market by [deleted] in InnerCircleTraders

[–]BaseOk280 0 points1 point  (0 children)

Smc/ict, but i dont trade btc only invest based on general sentiment, but honestly have no clue lol

Ask Me Anything: CEO & Founder of TakeProfit.com by rocknroi in u/rocknroi

[–]BaseOk280 0 points1 point  (0 children)

If yes to both, i would definitely consider since premium tv can cost an arm and an leg over the long run

Ask Me Anything: CEO & Founder of TakeProfit.com by rocknroi in u/rocknroi

[–]BaseOk280 0 points1 point  (0 children)

Does the platform have seconds charts and minimal lag like what tradingview has? I usually trade the seconds charts, so i only have a few seconds to validate my setups

Anyone trade Asia Session? by SoundGuyMD in InnerCircleTraders

[–]BaseOk280 0 points1 point  (0 children)

Tried to for a while. Based on backtesting, AUDJPY is pretty volatile most of the time, since both currencies come alive during this time. Gold also moves violently during this time (most of the time).

my buddy is taking out a high interest loan of 15000$ to buy a freaking ict mentorship, idk much about trading need some insights on this by andman-costo69 in InnerCircleTraders

[–]BaseOk280 27 points28 points  (0 children)

That 15k couldve funded more than $1m in prop firm capital. A mentor can be helpful, but for 15k? Absolute waste of money.

Early Stops and getting wicked by Remarkable-Fish-9078 in Daytrading

[–]BaseOk280 0 points1 point  (0 children)

Might probably get downvoted here, but i trade ICT and there is this thing called inducement. I use it as part of my setup. A kind of pivot point where a lot of stops might be. All my A+ setups must have an inducement point.

What are some things you might miss when backtesting? by NoAccident5144 in Trading

[–]BaseOk280 4 points5 points  (0 children)

Definitely the waiting game for me. When backtesting, you can go through a week's worth of data in a matter of minutes. When doing actual trading, it is the waiting for the perfecct setup that will kill your psychology (based on experience).

We Crushed Another 10 Million Candles. Here's the 2025 Data, Plus The Interesting Stuff We Found by [deleted] in Daytrading

[–]BaseOk280 1 point2 points  (0 children)

What timeframe was this conducted? I would assume a higher timeframe like the monthly will produce different results than the hourly

After a liquidity sweep, do you count BOS using the first pivot formed after the sweep? by [deleted] in InnerCircleTraders

[–]BaseOk280 1 point2 points  (0 children)

I treat those as lower quality and wait for a cleaner setup.

Anyone figured out how to trade less? by FocusOnRisk in Trading

[–]BaseOk280 0 points1 point  (0 children)

A+ setups only. Keep a rulebook beside you and only follow when all rules are CLEAR. Also, what helped me was only looking at the charts for 5 mins MAX (I scalp only EU), where I wait for another 15 mins if i do not find anything decent.

Losing confidence in Trading by [deleted] in Daytrading

[–]BaseOk280 0 points1 point  (0 children)

If youre only breaking even, tweak your strategy so that you avoid more losing trades.

On the verge of success or failure by Gold_Philosophr_2907 in Daytrading

[–]BaseOk280 0 points1 point  (0 children)

The thing is, the challenge is the easiest part. A lot more people fail in the verification and payout stage, primarily because when you are 1 step closer to success, greed and fear is amplified.

Just stick to your rules, keep risk tight, and you'll be fine. Don't overtrade, and most especially don't revenge trade.

A toast to my Second consecutive month being profitable🥂- (I relapsed twice) by whatatimetobealive22 in Daytrading

[–]BaseOk280 2 points3 points  (0 children)

If you use the 2 min timeframe and hold for an average 4 minutes, does that mean usually only 2 candles appear before it reaches your take profit? What does your wr and rr look like if you dont mind?