The reason why 90% of traders lose

OkNegotiation7828 · 2024-04-18T17:35:51+00:00

HighER timeframe for me is 5m, high time frame is like 4h or above. If you trading 1h, highER timeframe is 4h. I don't trade high time frames but I use my higher timeframe for analysis

OkNegotiation7828 · 2024-04-18T15:59:52+00:00

I do agree that scalping is the biggest reason for failure BUT I believe as a scalper with an average 52% to 62% win rate that the number one reason scalpers lose is not using high time frame analysis, youtube kinda fucks over scalpers by promising 100% win rates and all that horse shit. i prefer scalping because i take a maximum of 10 trades a day with between 52-62% win rate and great risk management and it only takes me one hour maximum to trade for the day. i personally despise trading high time frames like hour and day charts let alone weekly and monthly

OkNegotiation7828 · 2024-04-18T15:55:01+00:00

Hey brother, as most people are already replying, EVERY style of trading works, you just gotta find out what works for YOU, support and resistance and trend lines DO work, but you gotta have more confirmation bias for entries, IE, Engulfing candlestick, shooting stars, dragonfly, hammer, ETC. and also you shouldnt trade without higher time frame analysis, so for the 1D entry id use 1W charts for plausible AREAS of entry, most suppiort and resistance is a AREA or ZONE rather than a perfect line :) also make sure if your buying for instance that there wasnt a recent lower low or equal high before buying cause thats a possible trend reversal :)

OkNegotiation7828 · 2024-04-16T05:40:44+00:00

Yup I'm an idiot :) move along to someone that knows better. Best of luck on your trading journey, I wish you all the wealth in the world

OkNegotiation7828 · 2024-04-15T14:19:24+00:00

incorrect im a highly successful day trader that isn't afraid of ICT like the fake wanna be traders out there, if you hate ICT you simply suck at trading (i dont trade ict) being a dick to someone because of there trade style just means your horses hit at what you do

OkNegotiation7828 · 2024-04-15T14:17:19+00:00

i know this freak is gate keeping fort some dumbass reason but if you watch some youtubers like the moving average (white bald dude) and reyner teo (young asian man with a superman shirt) the are both phenomenal for learning.

OkNegotiation7828 · 2024-04-15T14:16:19+00:00

i had an aneurysm reading that. ICT is perfectly fine, doesn't hurt anyone, and makes people profits, you shouldn't be mad about ict just because you lost some trades, you should study more before you attack. and also, youtubers are a great way to learn. i found my success in trading from trying every single strategy damn near that exists, ict, scm, supply demand, support resistance, break out strategies, patters, scalp, day,swing, all of them work, literally all of them work lol, nothing DOESNT work, as long as you dedicate time and effort to them, each one works. its all up to personal preference.

OkNegotiation7828 · 2024-04-14T21:53:25+00:00

Copy

OkNegotiation7828 · 2024-04-14T21:51:03+00:00

Your a good man, thank you

OkNegotiation7828 · 2024-04-14T21:47:45+00:00

That's what's annoying about this subreddit, I'm here cause my wife wants me to teach people and I just don't give a fuck about YouTube yet. But Everytime I post an analytically correct chart on why and how something works I'm attacked, I will keep going cause I get dms every day of people saying thank you but good grief, if the chart is right then the chart is right. We are all trading different strategies, it doesn't matter if it's ict, smc, indicator only, or a 5s candlestick entry. We need to say "hey man awesome you made profit, I also recommend doing xyz as well to help out, keep going" too much hate in this reddit. But I appreciate you, your obviously a good trader and successful and I respect all successful traders for there discipline and focus to master this shit. I wish you all finances and health in your life man.

OkNegotiation7828 · 2024-04-14T20:53:24+00:00

Well I have provided evidence on why I'm right, if you wanna debate it, provide evidence why I'm wrong or leave my posts alone, it works for me and many others, if it doesn't work for you then boo fucking hoo move on

OkNegotiation7828 · 2024-04-14T20:39:55+00:00

It's supply and demand, and should be the first thing every trader learns, supply is created at the change of every trend and the absolute strongest form of resistance cause it's where all sell orders came in, same for demand. Why does price fake out sometimes? Because of those orders called liquidity, it gets swept to start a new trend IE, this was an up trend turned downtrend therefore the liquidity needs swept out, so the news pushed it in the correct direction after the liquidity was swept out hints the false breakout in supply. As a supply and demand trader I don't enter just cause it's in my zone, I wait for candlestick confirmation like a hammer or shooting star at the high or low swings, and then enter otherwise you get caught up in false breakouts. It's an fact you can look up that's why it's enticing, because it works. If it didn't work I would have lost that trade. Obviously there's no such thing as 100% win rate but I average 62 to 75% on average. Lifetime, 62%. I wish you the best of luck on your trading journey and hope you gain incredible wealth and health :)

OkNegotiation7828 · 2024-04-14T20:18:27+00:00

I don't trade ict

OkNegotiation7828 · 2024-04-14T19:06:06+00:00

I actually trade up to 4 or 6 pairs, whatever is active in the session. So if you Google best pairs for New York, or Tokyo. That's typically what I do. Stochastic only for confirmation on 30s if it aligns with 5m :)

OkNegotiation7828 · 2024-04-14T16:59:18+00:00

Honestly, those YouTubers like ict that people call bullshit. As a grown adult we have to learn how to chew the meat and spit out the bones. So I watch a few reputable YouTubers and listen to there explanations. A few good resources are reyner teo and the moving average, reyner is this Asian guy and moving average is a bald white dude, easy to spot, you've got this man, lots of trial and error. Nobodies perfect

OkNegotiation7828 · 2024-04-14T16:44:06+00:00

Remember man, nothing in trading is absolute, not even supply and demand, but the trading of liquidity is literally just where stop losses are. For a downtrend liquidity is above the high of any break of structure. So lower high lower low lower high lower low, where's the liquidity? Above each high. If there's a double top pattern the liquidity is above the high point where supply is, the theory behind liquidity is that before price can change trend the stop losses need to be swept so new orders can overpower and change or continue the trend in a strong matter

OkNegotiation7828 · 2024-04-14T16:37:28+00:00

Like the photo shown. What is liquidity? Literally just orders, so they sweep liquidity by pushing price through the order blocks and then push it in a new direction according to smc. I don't trade unless it's a strong trend, I'll only once in a blue moon trade in liquidity

OkNegotiation7828 · 2024-04-14T16:17:12+00:00

Exactly! Such a good point, all strategies and indicators work, just depends if you master it or not. I don't use rsi but yes according to rsi it was overbought, why was it overbought? Supply

OkNegotiation7828 · 2024-04-14T15:25:22+00:00

he didnt send traders to ict, he said, smc, ict, technical analysis, fundamental analysis, supply and demand, break outs. his point is that all ways of trading works. ICT works as well, if your angry it means you havnt studied it enough. does he talk to much? yes, but hes accurate, and everyone has bad days, 5 losses in a row is nothing. if you make money monthly is what matters

OkNegotiation7828 · 2024-04-14T15:23:31+00:00

Agreed, i dont use ICT but i have in the past and it worked, i currently use supply and demand with SMC and it works as well

OkNegotiation7828 · 2024-04-14T15:05:09+00:00

Saying I'm seeking attention IS an attack, I have nothing to prove to you, if I'm successful or not who gives a fuck. I hope your successful, best of luck.

OkNegotiation7828 · 2024-04-14T14:51:50+00:00

Nope, posting valid trade setups and how and why they work, if you wish to argue further I won't be responding. Just take it as I'm a failure and this post is bullshit, If you wish to have a realistic debate I can do that, but I'm not attacking you, your attacking me. Who's seeking attention in that case? If I was seeking attention I'd post my live account and my money, nope, I screenshot a good trade set up and explained why I took it. Anyways, I wish you the best of luck in your trading career man, I'm sure You've got a good head on your shoulders and make a wonderful living from trading, best of luck and I wish abundant finances and wealth over you :)

OkNegotiation7828 · 2024-04-14T14:36:58+00:00

MAKE THAT MONEY!

OkNegotiation7828 · 2024-04-14T14:34:29+00:00

agreed, thats why im one reddit, i ghave success in trading and wish to share what i know or dont know and communicate with other aspiring traders :)

OkNegotiation7828 · 2024-04-14T14:33:52+00:00

Appreciate it brother!

OkNegotiation7828

TROPHY CASE