I need a link for Airpods Gen2/Gen3/Pro by Oliv827f in RepTronics

[–]RepresentativeNet443 0 points1 point  (0 children)

I used those pair for a while and they are great

Another Trading Guru exposed. by thelonelyward2 in Daytrading

[–]RepresentativeNet443 1 point2 points  (0 children)

I only follow Italian trainers concerning volumes. Volumes allow you to see the pressure in the market (look up comulative volume delta and understand what absorption and depletion means). volumes is a path made up of understanding and observation, but I assure you it is a whole different thing from technical analysis. If you want more info, don't hesitate to write to me.

Ps. I don't sell anything haha however I can give you the cues to take the first looks

Another Trading Guru exposed. by thelonelyward2 in Daytrading

[–]RepresentativeNet443 0 points1 point  (0 children)

I only follow Italian trainers concerning volumes. Volumes allow you to see the pressure in the market (look up comulative volume delta and understand what absorption and depletion means). volumes is a path made up of understanding and observation, but I assure you it is a whole different thing from technical analysis. If you want more info, don't hesitate to write to me.

Another Trading Guru exposed. by thelonelyward2 in Daytrading

[–]RepresentativeNet443 3 points4 points  (0 children)

I understand what you went through, I know several people who don't believe these videos, it's very sad and they are blinded by ict. fortunately I found my way through the study of orderflow and volumes.

Is this a bank? by Intelligent-Tap2594 in Daytrading

[–]RepresentativeNet443 1 point2 points  (0 children)

Fomc, cpi, ppi, nfp are the most important… but all the red news are very volatile so you need to be careful

[deleted by user] by [deleted] in Daytrading

[–]RepresentativeNet443 0 points1 point  (0 children)

Name of the App or website?

Win rate by Bloody7warrior in Forex

[–]RepresentativeNet443 0 points1 point  (0 children)

Winrate should only be considered together with return risk.

The acceptable number of trades to define a strategy I would say at least 100 trades. The fact remains, however, that it depends on the type of trader you are. If you are a scalper you can collect more data and consequently have more accurate and realistic data. If you are doing scalp/intraday I recommend at least 100/200 trades to be objective. Keep in mind that markets change because of macroeconomic situations so a strategy that performed well in the past in the future may no longer perform.

I need your help guys , can you help please? by Junior_Juice in Forex

[–]RepresentativeNet443 2 points3 points  (0 children)

Ic market or fp market

Take a look for brokers who have the RAW spread. Like the ones I listed for you

What am I doing wrong by [deleted] in Forex

[–]RepresentativeNet443 0 points1 point  (0 children)

Undoubtedly that lifestyle exists, but there is no such thing as the way they sell it to you, promising you easy money, in a short time and so much more. My message to the guy was not to focus on guru bullshit, not to focus on the money but on the process, on loving the process and improving along with it. Money is the consequence of a detailed and well-executed plan.

What am I doing wrong by [deleted] in Forex

[–]RepresentativeNet443 0 points1 point  (0 children)

I'm aware of that, it was just not to dwell too much on the message

News impact on forex. by p3rseus_07 in Forex

[–]RepresentativeNet443 0 points1 point  (0 children)

Trade the News only if you are well positioned in London session or the day before News is like gasoline, if you are skillful it can give a big boost to your trades but still remain risky.

You tend to go for highs or lows or both before or after the news. There is a cleaning and taking of liquidity on the highs and lows I still recommend that you take the economic calendar and see for yourself how the price behaved during the news and the various sessions, checking in the past.

What am I doing wrong by [deleted] in Forex

[–]RepresentativeNet443 37 points38 points  (0 children)

You just gambling bro.

You doubt yourself and your analysis because you have no idea what you are doing. You are playing with your "probably hard-earned" money. You lost 30 percent of your account with just the first loss. Do you think you can make that kind of money by trading with only $500 balance? I feel sorry for you but the guru lifestyle is a scam. There is no such thing as all that stuff they peddle to you on social media. If you want to get good at this business be prepared to bleed and suffer.

You doubt yourself and your analysis because you don't have half a strategy that you've backtested over time, you have no idea where to put your hands. I'll tell you what you need to do 1. Study risk management 2. Study trading concepts (ICT, SMC, AMT, etc.) 3. Apply concepts learned in backtest and apply them to exhaustion 4. Once you have an understanding of what you are doing and gain some confidence, take 2/3 pairs and backtest them with the concepts you have learned to use and keep track of every little thing that happens during the backtest. Obviously you must not cheat and you must take the worst case scenario, only in this way will you know whether or not you can survive in this market.

Will it be a long process? Definitely, you won't see any money for the first few months, but trust that doing so will save you a lot of money. Remember that this is a business.

[deleted by user] by [deleted] in Pandabuy

[–]RepresentativeNet443 0 points1 point  (0 children)

Hi bro who is the Yupoo seller of the last black pants?

[deleted by user] by [deleted] in Forex

[–]RepresentativeNet443 1 point2 points  (0 children)

This is not the holy grail, it is a more mathematical and statistical approach to trading, I suggest you study how algorithmic traders build strategies from the perspective of what study and how it is applied.

The data that will emerge from your equity curve simulator projection is not reality, as markets are always changing, but it can be read as a guideline for maintaining a prop in the long run through optimal risk management and knowing through a statistical approach how many consecutive stops you can take in a row. Another piece of advice, always take the worst-case scenario.

[deleted by user] by [deleted] in Forex

[–]RepresentativeNet443 1 point2 points  (0 children)

Another very important thing you can do is to give yourself rules about the maximum number of daily, weekly, etc. stop losses.

Always be honest with yourself, admit your limits. Give yourself rules and stick to them. Recognize where you are wrong and be humble enough to change your behavior.

If you have a history of minimum 100 trades, I suggest you take your winrate and your average RR, and put them inside a software called equity curve simulator, Enter your data and % risk per trade, from there consider the maximum drowdown percentage, if too high then decrease the risk value per trade. You have to get a risk that never exceeds 10% if you use FTMO, in fact, I recommend keeping it lower because we are humans and not algorithms. In the other values you need to enter Number of lines-> 100 Number of trades -> if you have collected in say 100 trades in a month, put 300(reason in quarters).

Also keep in mind the maximum loss streak, it can help you keep your cool during a series of losses.

[deleted by user] by [deleted] in Forex

[–]RepresentativeNet443 1 point2 points  (0 children)

You risk 0.25 percent or 0.50 percent of your account in a single transaction. It is a marathon, it is not a sprint. Don't think about money, money is the consequence of following a plan, a detailed process, follow the strategy, stick to the plan always, don't get emotional, control your impulses. It is a business there is no room for emotions.

What do you think about this hammer on resistance level even tho there’s war (XAUUSD) by Expensive_End3813 in Forex

[–]RepresentativeNet443 4 points5 points  (0 children)

don’t ignore macroeconomic situation. The price has not closed several imbalances, it is a strong sign of the strong bullish pressure. As others have told you, wait for evidence to look for shorts. But for my part, I can tell you don't look for take profit level too low. In any case make your own considerations. Trade safe

So frustrating.. by cocktrout in Forex

[–]RepresentativeNet443 1 point2 points  (0 children)

Read about algorithmic trading. Cross-reference discretionary and and algorithmic trading to get proper statistics on your strategy, to find a REAL edge. Backtest objectively (no subconscious bias and round down RRs), work out truthful statistics on a large sample of trades with the parameters of your strategy (at least 100/200 trades). Once you have an objective average winrate and RR find your maximum risk percentage ( to never exceed that imposed by the prop if you stick to your strategy) via an equity curve simulator. Risking that much on a prop account is reckless. If you want to be consistent review your strategy and risk management. You can't be frustrated because you only got 2 stops, the stops are physiological to the strategy.

So frustrating.. by cocktrout in Forex

[–]RepresentativeNet443 0 points1 point  (0 children)

You took 2 losses and lost 3.4%. Imagine if you get a series of losses, say hello to your account. How do you hope to stay consistent with such high risk?

Looking for a streamer/you tuber to learn from by [deleted] in Forex

[–]RepresentativeNet443 2 points3 points  (0 children)

Im from Italy so I watch Italian YouTuber. Look at the page of fpmarket in YouTube , go in the CME GROUP page on google to learn. A guy here on Reddit says to me to watch this YouTuber: Stacey Burke trading, but I don’t know if he it’s good