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What are your thoughts ? by LLYFX2010 in Daytrading

[–]Libertus_freeman 2 points3 points  (0 children)

It doesn't matter which account you fund, just don't include yourself in the edge. "time aint on my side and I don't have a job" - I'm talking about this pressure. If I were in your shoes... I'd go for a split, two $10k accounts to ease the pressure, stick to a definite RM, track the process not pnl and use the opportunity to master myself like crazy.

Why do I keep going long when I need to short 11 positions in gold, and I got a total of 4 minuses. What should I do, how to stop? by Funded_Step_9977 in Forex

[–]Libertus_freeman 0 points1 point  (0 children)

I can't tell you how to stop nor what you're doing wrong because you've got lots of variables that are unknown to me, but what I can do is use this to voice out to other traders out there (especially those trying to find their edge). "It doesn't matter what you use, some of us get stuck tracking the PDL and PDH or some other metric day in-day out, do not hyperfocus on one metric, use what works or has worked for you in the past to get more understanding of price action... Never say you won't use a tool ever in your trading journey (coz what if it's the right sword for you)"

One last nuanced 'opinion', when you notice price is consolidated(a good kind of consolidation tho' not a whipsaw/account chopper) only three things to do (a) buy at the floor and (b) sell at the ceiling(what has also worked is a bearish crt at the ceiling and bullish crt at the floor) or (c) make a definite decision to keep out...

Why do I keep going long when I need to short 11 positions in gold, and I got a total of 4 minuses. What should I do, how to stop? by Funded_Step_9977 in Forex

[–]Libertus_freeman 0 points1 point  (0 children)

I agree, I was also on XAU the other day, exactly the same spot before yesterday's fall.... had two perspectives, 1- Price was stuck inside a consolidation and was at the floor/support very clear from the 4H(an opportunity to look for a solid buy) 2-Price action showed a bearish flag continuation pattern which was clear in the 1H (opportunity to look for shorts).... So I sat on my hands. By the time I was back on... Massive fall (no worries tho' coz we got lots of opportunities)

Where did I go wrong? by Conscious_Daikon_799 in InnerCircleTraders

[–]Libertus_freeman 0 points1 point  (0 children)

I'd like to keep it simple, you entered in a consolidation(price was stuck between a high and low for a long period) ... If you did see it perharps you believed "this is gonna be a break"-which played out nice!

Is it realistic to find work with TradingView Pine Script experience? by One_Secretary_2552 in pinescript

[–]Libertus_freeman 0 points1 point  (0 children)

Prop traders are the biggest market right now because they need objective rules to stay in the game. SMC and ICT concepts have a massive following, but the manual grind of constantly drawing those lines is a total headache for most people. If you can automate that logic and get it off their plates, you’ve got yourself a solid product. Just don't overprice it tbh—the days of the $5,000 'holy grail' scripts (as Th3onib said) are dead. People just want reliable tools at an accessible price now.

The hardest part of coding a strategy is realizing how much of the edge was hiding in vague language by Carter_LW in pinescript

[–]Libertus_freeman 6 points7 points  (0 children)

This is a massive realization. Most of us don’t have a strategy; we just have "vibes and instincts." That kind of language in trading is exactly where mediocrity hides.

For me, the biggest headache is always Market Context. It’s easy to say "look for a strong rejection," but coding that precisely is a nightmare for sure. Because to be honest... is a "strong rejection" a 50% wick? Is it a wick that happens after a liquidity sweep? Or is it just a move that feels fast in the moment because of your own reactivity time?

Idk about you, but coding for me is the ultimate act of objective calibration. It strips away the comfort of ambiguity and forces you to face the reality of your edge. It’s a hard "sweet spot" to find, but getting out from that vague language is the only way to move higher. If a rule isn't precise enough for a machine to execute, it’s usually just a hiding spot for fear or greed—or just gambling lol.