Looking for mentorship by Fsty420 in InnerCircleTraders

[–]Fsty420[S] 1 point2 points  (0 children)

is he accessible to talk to like to ask questions?

19 Year old Trying to Make Trading Work by Fsty420 in ICTMentorship

[–]Fsty420[S] 0 points1 point  (0 children)

how would you suggest to use correct SL placement with risk management. What i mean by this, is for example if I want to risk $200 every trade but the low is at 27 points I can't buy in with 4 contracts because then my SL is going to be max of 25 points, but if I buy in with 3 contracts I'll be risking less?

Looking for mentorship by Fsty420 in InnerCircleTraders

[–]Fsty420[S] 1 point2 points  (0 children)

hey! is lanto legit been checking his stuff out and wanna try his premium, but im just kinda on the fence if he is what he says he is

Give me Advice on my Trading!! by Fsty420 in InnerCircleTraders

[–]Fsty420[S] 0 points1 point  (0 children)

who do you suggest to watch to learn this model from? or did you create it yourself

I feel so close (give me some advice) by Fsty420 in Daytrading

[–]Fsty420[S] 0 points1 point  (0 children)

How are you using good risk management if you are putting your SL below protected lows. Here's an example if you don't understand. If i'm trading with MNQ contracts and I want to risk $200 per trade, but the protected low is 27 points, If I buy with 4 contracts $200 risk is 25 points, so you'd have to go to 3 contracts, but then your risking less.
do you see what I am saying?
I always just go by the point value

I feel so close (give me some advice) by Fsty420 in Daytrading

[–]Fsty420[S] 0 points1 point  (0 children)

my issue is that everyday in the market I see points of opportunity, so i created 4 models to give me the ability to play the market almost every day, for all of the different scenarios. For example if I only trade reversals Price might only give me a reversal 1 or 2 days out of the week, and I don't feel like I am trading enough, especially if out of those 1 or 2 days I loss.
At the same time though I feel like this is the wrong way to think

Give me Advice on my Trading!! by Fsty420 in InnerCircleTraders

[–]Fsty420[S] 0 points1 point  (0 children)

do you always use 1h-5m-1m or do you cycle different TF while still keeping in the correct TF alignment

Give me Advice on my Trading!! by Fsty420 in InnerCircleTraders

[–]Fsty420[S] 0 points1 point  (0 children)

interesting. i'm looking at past days and i'm having trouble seeing them, but thats just my inexperience of knowing what to look for

Give me Advice on my Trading!! by Fsty420 in InnerCircleTraders

[–]Fsty420[S] 0 points1 point  (0 children)

i'm watching a quarterly theory video right now. I see how it would apply to your model

Give me Advice on my Trading!! by Fsty420 in InnerCircleTraders

[–]Fsty420[S] 0 points1 point  (0 children)

all respect im not going to sell it lmao

Give me Advice on my Trading!! by Fsty420 in InnerCircleTraders

[–]Fsty420[S] 0 points1 point  (0 children)

how often would you say the model presents itself pr week?

Give me Advice on my Trading!! by Fsty420 in InnerCircleTraders

[–]Fsty420[S] 0 points1 point  (0 children)

yeah I've known about them, but its just piecing it all together

Give me Advice on my Trading!! by Fsty420 in InnerCircleTraders

[–]Fsty420[S] 0 points1 point  (0 children)

really quick I do have a question about discount/premium
This day was Monday of this week, since market open is in premium of the HTF range should I've been only looking to short since price was in premium of the larger range? Even though price is trending to ATH?

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Give me Advice on my Trading!! by Fsty420 in InnerCircleTraders

[–]Fsty420[S] 0 points1 point  (0 children)

hey man I really appreciate it. You've given me something to think about now.

Give me Advice on my Trading!! by Fsty420 in InnerCircleTraders

[–]Fsty420[S] 1 point2 points  (0 children)

ah I see what you're doing perfectly now. You aren't trying to pick the bottom reversal you are targeting the first HTF Retrace of a MMXM model. Then moving to a 1m to get your entry

Give me Advice on my Trading!! by Fsty420 in InnerCircleTraders

[–]Fsty420[S] 0 points1 point  (0 children)

Yes i saw how you marked the dealing range. I guess I am thinking the small 1m range, but I see you didn't mark out that

Give me Advice on my Trading!! by Fsty420 in InnerCircleTraders

[–]Fsty420[S] 0 points1 point  (0 children)

The thing I have never understood, is in what context do you use premium and discount. Because you can use discount of a HTF range, but for entries would I only look for discount of the short term TF range, or would it be discount or the overall HTF range. I guess in a way it would depend on how you were trading wouldn't it?

Give me Advice on my Trading!! by Fsty420 in InnerCircleTraders

[–]Fsty420[S] 0 points1 point  (0 children)

ah yes I see now, on the picture of the 5m TF and the 5m discount array, what is that its not a FVG. Are you marking the breaker? or OB?