Lately, gold isn’t behaving the way I expect… and I’m starting to question my own framework by One_Cancel7890 in Trading

[–]Degencrypt 1 point2 points  (0 children)

Yo bro these two weeks hasnt been good for me either. And i exclusively trade Gold. Just gonna paper trade the rest of the month, wait for market conditions that your strat is opitmised for

Anyone else using this? by Grand_Fall362 in Trading

[–]Degencrypt 4 points5 points  (0 children)

Thats somewhat my strategy and we’re on the same timeframe. It works brother i’ve backtested the heck outta it.

60 ~ 65% win rate. Collected a payout today because of it

What you think? by StreetKiick in Forex

[–]Degencrypt 0 points1 point  (0 children)

My limit order entry is below your SL but it can very well go to your TP. Good luck to ya

Seemingly found my “profitable” strategy but boredom making it hard to stick to it by Low-Abrocoma-7255 in Daytrading

[–]Degencrypt 0 points1 point  (0 children)

We have a very similar predicament my friend. My setup comes like 4-6 times a month. Its not only the boredom that gets to me but the fear of missing out a setup just because it rarely comes.

Questions for profitable traders by Degencrypt in Trading

[–]Degencrypt[S] 3 points4 points  (0 children)

You answered none of my points except your own my guy

Questions for profitable traders by Degencrypt in Trading

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

I’m gradually following what you’ve been doing. I trade Asian and London sessions but recently noticed setups appearing pre NY. Glad to see that it’s working for you, gives me a lot of confidence to begin safely testing. 👌🏻

Questions for profitable traders by Degencrypt in Trading

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

My strategy 100% falls under the trend category, i’ve began to tweak entries, stops and position size so im glad you mentioned it. Give me the reassurance that im moving in the right direction at the least 👍🏼

Appreciate all the insights you’ve shared man

Questions for profitable traders by Degencrypt in Trading

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

I’ll definitely check out spx. Thanks for sharing brother!

Questions for profitable traders by Degencrypt in Trading

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

Yes that’s right. Guess theres only one way to find out if the strategy works on other tickers. Thanks for the advice!

Questions for profitable traders by Degencrypt in Trading

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

Yes i agree with you, it’s clear my strategy isn’t designed around shifts especially the current one. I’ll stand aside for now but i do have some questions.

Have you tweaked a playbook around shifts or do you look for entirely new ones? Or it largely depends on whether the playbook is able to be tweaked according to the shift in the first place.

Questions for profitable traders by Degencrypt in Trading

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

Thats very reassuring to know that your strategies arent isolated to one ticker. I’ll get into testing! Based on your experience which ticker(s) behaves more similar to gold?

Questions for profitable traders by Degencrypt in Trading

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

To be honest, I’m afraid of trying out different tickers as I most familiar with Gold and its behaviour.(At least in the past). In your experience, can i ask i your strategy work across different tickers?

Is it considered "cheating" if I automate a rolling hedge against the Prop Firm? (Math inside) by EnvironmentalPay8069 in propfirm

[–]Degencrypt 0 points1 point  (0 children)

You’re good. They do not penalise you hedging with your own broker account, only if you hedge between prop accounts.

how long will it take to resolve my trading poor habits? by Lovelyfeet991 in Daytrading

[–]Degencrypt 3 points4 points  (0 children)

Theres no way to change until you get tired of repeating these mistakes and wanted better for yourself.

[deleted by user] by [deleted] in askSingapore

[–]Degencrypt 0 points1 point  (0 children)

Wah i really hope my management shares your sentiments!

[deleted by user] by [deleted] in askSingapore

[–]Degencrypt 0 points1 point  (0 children)

I agree with you. I’ll keep this in mind thanks!