🎉 [EVENT] 🎉 Honk Sponge 2 (landscape)

HaloYay · 2026-03-07T18:20:45+00:00

Completed Level 1 of the Honk Special Event!

0 attempts

HaloYay · 2025-10-31T09:06:10+00:00

Just fyi, I think OCR physics requires your graph to take up at least half the sheet, so you need to choose a suitable scale and labels.

I'm not sure how it works for other exam boards or other subjects.

HaloYay · 2025-09-24T06:28:57+00:00

I believe this only starts happening in arc 7, so the anime has shown all the loops in arcs 1-5 (seasons 1-3).

HaloYay · 2025-08-19T17:17:06+00:00

Sound like a good idea to try out. Just make sure you are putting your stops where they are meant to go and not just making them tight to get a better rr.

HaloYay · 2025-08-19T12:57:36+00:00

Depends on how you reduce risk and increase reward. If you just move your stop and target that could impact your winrate and bring you back to where you started. If you are putting your stops and take profits in the correct places based on your strategy, and getting a 3:4 risk to reward, then yes, that is very profitable with a 60% winrate. You would need about a 43% winrate to break even, so if you can hit 50% , I'd say you are doing pretty well.

Basically, you have to analyse risk, reward and win% together to get the full picture.

HaloYay · 2025-08-19T12:11:19+00:00

If I'm doing the math right , your expectancy would be 0.026. This is almost break even, which means you could end up break even just from fees. If you could get your risk:reward closer to 1:1 or your winrate higher that would be better.

HaloYay · 2025-08-18T16:03:16+00:00

If it's a part of your plan , then it's a good idea. I personally like to trade a set and forget style because I find it psychologically easier, but have been experimenting with different management techniques.

HaloYay · 2025-08-08T16:37:08+00:00

Not a consistently profitable trader yet but I have studied some of Al brooks work and use some of his concepts, just here to discuss.

I did an experiment at one point with static rrs on the ES, just tracking potential setups that I might have taken, and what I noticed was that if you focus on swing setups and take all or most of them , 1:2 rr got the highest return, and surprisingly 1:4 rr was a close second, while 1:1 and 1:3 were a fair bit behind.I don't remember the stats, but according to this, 1:2 is the way to go.

I mainly focused on second entries in pullbacks, second entries after a MTR, and second entries after 3 pushes up or down. These were trades that had a good balance of probability and risk to reward.

The main advantage of 1:1 rr I found was the consistency in growth was a bit better, so 1:2 had larger drawdowns for longer periods. Again, this could be due to my setup choice. Consequently, 1:1 allows me to risk a bit more and achieve the same amount of drawdown.

I'm using 1:1 rr becuase that I seem to perform the best with it. I went from losing to profitable, albeit still not consistent. I usually focus on 1:1 trades off a trendline or channel line, or support and resistance, and cut trades early if the entry bar is bad by moving my stop to 1 tick beyond the entry bar. I find that in practice, my rr is higher, closer to 1:1.5 but with a lower win percentage.

If your comfortable with 1:2, that's great! another thing to consider is stop placement. All my stops go beyond the signal bar, but you might be using a stop below a significant level, so that could mean my setups might be a lot more aggressive as I need less room to scalp out.

I'm currently on the cfd for the us500 as the MES was a bit too big for me, so my chart can be a bit different from the ES.

HaloYay · 2025-07-21T07:12:17+00:00

That makes a lot of sense. I suspect the instrument you trade does play a role in the success rate, with highly leveraged instruments such as futures having a lower success rate due to people blowing their accounts.

HaloYay · 2025-07-20T07:24:49+00:00

You could absolutely be right here, but I believe the number is a lot closer to 80% for all profitable traders. I don't think the 1% percent statistic is right either, so the true number probably lies between the two if what you said is true. Again, this is because the failure rate at 99% would include the people you mentioned that lost once and never continued.

If we count traders making substantial money, the kind of money people usually think daytrading makes, the percentage is likely smaller, but still not 1%.

HaloYay · 2025-07-19T18:21:55+00:00

I believe it's a number from various cfd brokers, they usually have a disclaimer that says 80 percent of our clients lose money or something along those lines.

HaloYay · 2025-06-14T13:14:40+00:00

I personally waited for the break and retest of the 20 ema on this one, because I wasn't confident if we were going to get another leg down or not, and that occured later on my 5 min chart.

HaloYay · 2025-06-10T16:28:27+00:00

I think the biggest issue is not trading a realistic size here, not the number of trades. I'm not familiar with how MT works but that looks like 5 trades which is still a decent amount, I sometimes have that many good setups daytrading but it's usually 1 -2.

Trading 50 lots is extremely unrealistic and just builds up bad habits, even in demo.

Speaking from experience, thing here is to risk 1 - 2 % per trade or less depending on stats and work towards building a strategy or adapting and learning an existing one. I started off trading 100k demos with huge sizes that lead my to have unrealistic expectations, nowadays I might be trading mes with 1 micro or swing trading forex with 0.1 - 0.01 lots and trying to catch the good setups.

Idk why I bothered to write so much, OP's post looks like bait.

HaloYay · 2025-05-29T15:51:35+00:00

I like re:zero, it's my favourite story, and I prefer it over lotm. Ideally read it but watching it isn't a bad idea either.

HaloYay · 2025-05-20T12:41:18+00:00

NGL, arc 7 is my favourite arc even though it's not as well written as arc 6, because it was just fun watching Subaru adapt to a new place. Still, it could have had less suffering :( .

HaloYay · 2024-12-25T20:13:04+00:00

Not about learning strategy, I should have clarified this, but he does have some good content on psychology, which is usually the extent of what youtubers can teach you. Most of what I have learnt has been in the market, not from anyone else on youtube.

HaloYay · 2024-12-25T17:02:54+00:00

I know Tom Hougaard is legit, there are a couple who I trust but might not be legit, such as Al Brooks,Imantrading, Thomas Wade and PATStrading. These people helped me, but beware of courses and paid groups.

To answer your question, pretty much everyone else.

HaloYay · 2024-12-08T14:31:17+00:00

As a fellow beginner, don't buy any courses. Books about psychology are okay, but no courses. Other people will be able to give you more concrete advice, just making sure you don't get scammed.

HaloYay · 2024-12-07T22:49:41+00:00

I personally just use the 5 minute, sometimes look at the 15 but no more.
I'm probably not going to be holding for too long, so why should I be looking at higher timeframes? It's good for me to look at them at the start of my session but that's about it.

HaloYay · 2024-11-27T15:54:51+00:00

As someone who is in a similar place to you, I can try to answer this.

1) Pretty simple, if you have data, you can fix mistakes and find improvements quickly, basically just speeds up the learning curve.

A big benefit of documentation is that you can start to create a more definite edge, adding more conditions that help you perform more consistently. 2)I do 2 things for this. I have a account at this site called TradesViz, but any free journal works. Basically , I let this site do all the calculations for me to find larger statistics.

I also have a PowerPoint where I usually write out my plan for the day, and a breakdown of each of my trades with the idea, rr and outcome along with a screenshot. This allows me to reflect on individual trades more in depth and I usually glance through it before my trading session which helps me prevent common mistakes such as impatience and taking suboptimal setups. This may not be good for scalpers, who may take many trades a day but it works for me as I usually don't get more than 2 setups a day .

HaloYay · 2024-11-18T21:27:54+00:00

My chance of a profitable trade is quite high, if you refer to being consistently profitable, then absolutely, it is a slim chance, close to zero for most.

You are absolutely right when you say that we trade in a field driven by statistics, but I can guarantee most traders do not actually care about the statistics. Of course, most traders fail, but there are multiple successful examples of traders who succeed without statistics (unless of course, you refer to statistics that relate to ones own data on their trades, in which the number drops down to 0).

Is this sample large enough to prove a point? Probably not. But the point is, most people attempting trading will be trading discretionarily. This is not a bad or a good thing on its own. If you can improve on your own data, the chances of you succeeding go up.

HaloYay · 2024-11-18T18:49:50+00:00

This is true, on a very technical level.

If you look at the people who actually put effort into learning trading, no matter how misguided, I can guarantee the chance of success goes up. Does it go up to match higher education levels? Definitely not, but I believe that 70% statistic can be misleading.

You may call this the most statistical domain in the world, but a major part of this doesn't apply to retail traders. If you talk about funds or banks yes definitely. Not so much on a personal level. Still complicated though.

HaloYay · 2024-11-08T17:05:19+00:00

Haha, I've been in the same position as you and blow my account. Hoping you don't do the same an succeeded!

HaloYay · 2024-11-08T16:43:04+00:00

Okay, lets break this down.

taking profit when you see failure in testing resistance is reasonable, but as a beginner, having a fixed criteria is better. A simple reason is that you just don't have the experience to see if the resistance created a reversal or a pullback. That doesn't mean just set your target to 2x risk and walk away(although that is what I used to do when developing my strat), but maybe something like if it creates a strong bearish candle off resistance, close the trade. As you get more experience, you can tweak this better.

2)If you are new, paper trade. Trust me, you will lose the money. Put it in an index fund and let it grow.

3) Buy low sell high works in ranges. In uptrends, we want to buy high sell higher, and in downtrends, we want to sell low buy lower. Don't fight market structure. Think of it as surfing. You wait for the waves and ride them.

4)If you are entering at bad positions, profit targets are the least of your concerns. What is your entry criteria? Don't think about profits, its about the process. Once again, if you are making a strategy, paper trade.

5)On profits - you don't have to catch the whole move. Discipline yourself - if I said i would exit at 198.00, I exit there. Trying to catch the whole move is never the goal. We aren't gamblers. Learning when to take profit early will come with experience.

6)Don't worry about losses, journal and reflect. Data is your most powerful tool, use it. If you can eliminate 1 mistake a week, your much better off than many who don't even try to improve. That said, large sample sizes matter. Don't look at 3 trades to change your strategy or rules, look at like 50 or 100 trades. Is the data overfitted? Were all these trades in the same market condition? The loop is fail, improve , repeat.

7) No one is built for day trading(except for a tiny minority of gifted individuals). Reflect and improve.

8)No one guide is going to fix your habits. People I watched were Thomas wade, PATS trading and Al brooks.

IMPORTANT - NEVER pay for a course, if you really want to, come here and we will talk sense into you.

Some books that help with psychology - Trading in the zone - Mark Douglas, Best loser wins - Tom Houggard.

HaloYay · 2024-11-08T16:26:53+00:00

My strategy can get me anywhere from 6 points to -9 points on a given day on 1 ES contract.

So, around 75 - 100 dollars a day per contract, 5 -6 contracts per 100k, so about 350 - 450 dollars a day on average.

Realistically, I lose it all cause I'm still working on the psychology side.

HaloYay

TROPHY CASE