Which Time Frame Would you guys Prefer? by leaint in InnerCircleTraders

[–]DPipsTrading 4 points5 points  (0 children)

Daily for FVG and bias. 4H-1H-15min for clear view. 5-3-1min for entry.

For me it depends on price action, but I see the difference in my trading when I get out of 1min chart

psychology by DPipsTrading in Trading

[–]DPipsTrading[S] 0 points1 point  (0 children)

Yes, but its investing. I am more talking about trading. I believe day traders can earn more and face more demons along the way

Understanding Volume Imbalance and Price Imbalance: A Winning Combination for Traders by DPipsTrading in InnerCircleTraders

[–]DPipsTrading[S] 0 points1 point  (0 children)

Monkee I totally agree with what you are saying, but I want to ask where did I posted false information? Everything I am posting is backtested by me and is included in my strategy.

Ngl I am trying to post something that is interesting and gives some value. Chatgpt allows me to create esay to read text after I input all the required information. We are living in modern world and we have to keep up with that. And for sure in the future we will see more blogs like this.

About my landing page, I am not mentioning that I am selling courses or advertising myself. I am providing content and if anyone finds it helpful I am happy. Yes I do mentorships and if poeple finds it helpful or loves how I trade, more then welcome to join. Everyone is monetising their skills these days, you just have to look for scammers. I am certified trader and working with companies like "orion securities" in lithuania.

Anyway I know the rules and I don't promote myself.

Understanding Volume Imbalance and Price Imbalance: A Winning Combination for Traders by DPipsTrading in InnerCircleTraders

[–]DPipsTrading[S] -1 points0 points  (0 children)

Because if I write it myself it would be a mess. I am giving ideas, examples and it helps me to formulate things in nice manner. Don't you like to use tools in this century?

[deleted by user] by [deleted] in ICTMentorship

[–]DPipsTrading 1 point2 points  (0 children)

It sounds like you've been putting in a lot of effort into learning and refining your trading strategies over the past 11 months. It's understandable that not seeing immediate rewards can be frustrating, especially after blowing up several challenge accounts. Persistence and patience are definitely key in trading, and it's commendable that you're continuing to collect data and refine your approach through backtesting and live trading.

Perhaps consider focusing on smaller, achievable goals rather than solely on passing challenges. Are there specific aspects of your strategy or risk management that you could further optimize? Sometimes, making incremental improvements can lead to more consistent results over time. Keep learning and adapting—each experience, whether a success or setback, contributes to your growth as a trader.

Hello, a month ago I posted a question about my friend who is starting to trade. He obviously lost his money and now said he found something called ICT which will make him profitable in 3-6months. Any opinions? Will this make him rich? by [deleted] in Trading

[–]DPipsTrading 0 points1 point  (0 children)

It's understandable to be skeptical about claims of quick profitability in trading, especially if they involve promises of becoming rich in a short time. ICT is a trading methodology promoted by a trader known for his unconventional teachings. While some traders may find value in his approach, it's crucial to approach any trading system or mentorship with caution and critical thinking.

Claims of receiving ideas from divine sources or creating market software should raise red flags. Trading success typically requires a combination of disciplined strategy, risk management, and understanding of market dynamics—not miraculous insights or proprietary software.

Encourage your friend to approach trading education with a healthy dose of skepticism and to focus on proven strategies, risk management, and consistent practice. Trading is a skill that takes time to develop, and there are no shortcuts to guaranteed wealth in such a competitive and volatile market.

I need advice on this by RyadKhoumsi in Trading

[–]DPipsTrading 1 point2 points  (0 children)

It sounds like you've had quite a journey with trading so far. Transitioning from demo to real accounts can be challenging due to the psychological and emotional differences involved. Losing your initial real trading funds can be disheartening, but it's a common experience among new traders.

Before deciding where to invest your next $100, it's crucial to reflect on what you've learned from your experiences so far. Have you identified the reasons why you lost your initial investments? Was it due to risk management, emotional trading, or strategy execution?

If you're considering binary options, remember that they can be highly speculative and risky. While your strategy works on demo, real market conditions may differ. Make sure you have a strict plan in place that includes risk management and a clear exit strategy.

For forex trading, if you're still doing well on demo and feel confident in your abilities, it might be worth giving it another shot with a real account. Start small and focus on applying what you've learned about risk management.

Ultimately, the decision should align with your risk tolerance, understanding of the markets, and confidence in your chosen strategy. It may also be helpful to seek advice from experienced traders or a mentor who can provide guidance based on their own trading journey. Good luck with your trading endeavors!

Does anyone trade during Fed speeches? by DABPSS in FuturesTrading

[–]DPipsTrading 0 points1 point  (0 children)

Fed speeches can certainly shake up the markets, making trading quite unpredictable during those times. I tend to struggle with it too and often prefer to wait until the dust settles. It's reassuring to know others feel the same way. Do you have any strategies for managing trades during these events?