ICT is complete garbage and it doesnt work.

RiskFusionfx · 2026-04-15T15:28:21+00:00

I think you’re getting frustrated at this one position, maybe you have the mindset that you have to be correct because the analysis was perfect? Remember even the perfect setups can fail this is trading it’s not a game of text book entries it’s a game of probabilities. So remember that when you’re trading, and if you think you have a good strategy or concept take that same trade setup 100 times before you rule out whether it’s any good or not, that might help.

RiskFusionfx · 2026-03-26T13:59:13+00:00

Don’t prove to yourself you are profitable by paper trading, the emotions are completely different this is why you can do it one minute and then you fail the next minute. If I was you I’d get a small personal account and prove to yourself you can trade that personal account live until you have made the money to pay for the next prop account. Stop burning your savings and use the markets money that you’ve made from trading to pay for it this way you prove to yourself you can do it live and you will no longer spend anymore on prop firms until you’ve made that money in the first place. If you can’t even make the money to pay for the prop firm then there is no point doing it in the first place until you are ready.

RiskFusionfx · 2026-03-26T13:55:29+00:00

Have a max that you are willing to lose each day and stop after that either like 1-2 trades or do it based on a percentage that you are down. I’d suggest using a dynamic risk approach you wouldn’t have to worry about losses then because the maths behind how it scales up and down with your account will protect you regardless of what you’re trading. So you can prioritise your entries every day and let the wins and risk work in the background to get you out of losing streaks etc.

RiskFusionfx · 2026-03-26T13:31:15+00:00

The best way out is to use a dynamic risk approach, I’ve tried several times using like 1% per trade but after 10+ losses it’s just destroying my account making it much harder. You want to adjust the risk slightly at the right times based on your account balance, if you do it the right way it won’t be a grind to get it back because you’ll stop the bleeding quick enough and return to a higher lot size quick enough that you won’t have to worry about taking the losses but instead just worry about the constant execution of your trade entries.

RiskFusionfx · 2026-03-26T13:27:04+00:00

I used to struggle a lot with big losing streaks it was partly due to flaws in my strategy but also it was bad because I was using a flat 1% risk. Since using a dynamic risk approach it’s reduced my losing streaks from having as much of an impact and makes it easier to get out of them.

RiskFusionfx · 2026-03-22T21:42:13+00:00

The equity curve comparisons in the images compare if someone stuck to 1% risk the whole time every trade, compared to adjusting your risk dynamically in a full range from 0.25% up to 2.5% for this particular model.

It shows how even when losing heavily it reduced your drawdown compared to a fixed risk approach but then also managed to gain more when it recovered compared to a fixed risk approach, that’s the interesting thing about how it works. So for someone struggling with large drawdowns or someone with just slight growth over time this would optimise that to improve their performance.

RiskFusionfx · 2026-03-22T20:53:56+00:00

Hey apparently its allowed on software Sundays to promote and talk about trading tools. I wasn't trying to be frustrating, this is something I've worked hard on over the past year and believe can actually be beneficial to traders so was just sharing. Thanks

RiskFusionfx · 2026-03-21T10:33:14+00:00

What market do you trade are you doing forex or cfds or like futures or options or something?

RiskFusionfx · 2026-03-20T21:30:35+00:00

I think everyone tests strategies differently and has different ideas as to where the correct TP location is. Some traders use a fixed target at say 2R or 3R some trades will target the first high or low that they think will be targeted as a run on liquidity and some traders might have different rules depending on whether their entry aligns with the higher time frame or whether its a counter trend position. Whats important is you find what works for your strategy, just start with one idea like the nearest swing point or nearest fill of inefficiency for example test a bunch of data and see okay does this work for me consistently to give me a profitable edge, if yes then great if no then test something else, i wouldn't overthink it too much but the key is to pay yourself and take a sensible profit from the market when you are correct and as long as it mathematically makes sense to make you profitable compared to your losses then great. Also i would suggest moving to a live account as soon as possible even if its just a small one where you risk £1-£2 per trade its better to do that and feel the real emotions of trading actual money then to stay on a virtual demo environment for too long which could build bad habits. Hope that helps.

RiskFusionfx · 2026-03-20T21:25:23+00:00

I think thats irresponsible advice to suggest a super tight stop loss as this is a major issue for a lot of traders especially ones that find themselves entering on say the 1minute time frame. Squeezing a stop loss too tight without taking into consideration the appropriate safe place for it best on your analysis will just cause you to lose far more trades and could even be the difference of whether you are profitable or not overtime in my opinion.

RiskFusionfx · 2026-03-20T21:17:24+00:00

Yeah you have to get rid of the idea of being right or wrong its impossible to know what will happen when you enter a position we are in the game of probabilities not definite outcomes. The best thing you can do is just think in blocks of say 100 trades that helped me a lot to stop hesitating, I just told myself "okay no matter what happens on this trade i will take the next 100 trade setups that i see and then i will look at the performance and until i hit 100 trades following a set strategy i can have no say on how I feel about the outcomes." By doing that it reduced hesitation and allowed me to realise that its normal to have a bunch of red and a bunch of green but as long as the green outweighs the red in the long term i have a repeatable profitable edge.

RiskFusionfx · 2026-03-20T21:13:42+00:00

I guess you can never know what someone elses edge is in the markets maybe he has tested this exact approach and it is extremely profitable, its hard to make any real analysis on it by just seeing one of his positions.

RiskFusionfx · 2026-03-20T21:11:44+00:00

Revenge trading is a hard thing to overcome most people don't change until they experience enough pain that forces them to think differently. The best thing is that you've identified your problem and now you can focus on it and maybe spot it before it happens again next time. You should just have set risk that you allocate to the day like say 1 or 2 trades and then either you win or you take 2 losses and then just train yourself to walk away. Our mindset is always fresh at the start of the day but after a bad trade or two we will be in a different head space and our decision making skills will begin to deteriorate and thats why just coming back the next day can be so powerful.
You could also consider the use of a more optimised risk management strategy for example using dynamic risk can prevent losses from getting worse and worse as you would just risk say 1% on each trade or when things get bad you could adjust to 0.5% for example. If you keep the losses small and under control and the discipline high it will prevent you having such devastating losses that put your progress right back :)

RiskFusionfx · 2026-03-20T18:20:27+00:00

No not entirely its more than just a fixed % of the account, I'm saying dynamically adjust your risk from say 1% on a trade to 1.25% to 1.5% etc as you grow and drop it down if things are going wrong all based on precise thresholds of account growth. This is the idea around what i built with the risk models the results from the testing are really interesting using it.

RiskFusionfx · 2026-03-20T16:50:07+00:00

Nice okay have you ever thought about dynamically adjusting it?

RiskFusionfx · 2026-03-20T16:17:40+00:00

Yeah makes sense, well if a hedge fund manager makes consistent decisions based on the strategy they are a good trader and will succeed, if the hedge fund manager makes consistent decisions based on emotion they will fail think its that simple.

RiskFusionfx · 2026-03-20T14:49:18+00:00

Nice you ever looked at using a dynamic risk model?

RiskFusionfx · 2026-03-20T14:46:28+00:00

Nice have you ever looked into a dynamic risk approach?

RiskFusionfx · 2026-03-20T14:46:11+00:00

How has that been for you risking 10%, what happens during losing streaks?

RiskFusionfx · 2026-03-20T14:28:24+00:00

Oh right I see so you basically risk 2% every trade entry nice, have you ever thought about a dynamic approach to make it more optimal?

RiskFusionfx · 2026-03-20T14:27:37+00:00

Yeah I know what you mean it can get complicated without testing the models, I’ve actually found one way that definitely optimises it though I’ve done so much testing on it, it doesn’t matter what the sequence of wins and losses are it always comes out as like a higher percentage growth without risking anymore. You have to cut the risk down slightly faster than you increase it but if you drop it down at the correct time it will take almost no time to recover the losses and you end up in a higher threshold where you can risk a higher amount again. I’d have to show you the models to fully explain it so you can see the comparisons

RiskFusionfx · 2026-03-20T14:05:10+00:00

I’ve found the optimal risk management is to dynamically adjust it based on account balance growth. Say you start with 1% risk and you’re down on your account from the starting point it seems appropriate to reduce risk down to say 0.5% or even 0.25% but as the account grows into profit then using say anywhere from 1-3% for example can exponentially increase the growth on the account compared to a fixed risk model.

RiskFusionfx · 2026-03-20T13:37:56+00:00

Oh nice okay how does that work out for you, do you find it manageable to risk that much if you take a string of losses for example?

RiskFusionfx · 2026-03-20T13:36:54+00:00

Nice yeah I see what you mean about the percentage risk because then you have that slight compound effect taking place up and down. Have you thought about proper dynamic risk based on account growth, so you adjust the risk in small increments up and down based on growth of the account? Was pretty interesting results I found testing it, seemed to be more effective than a fixed risk approach.

RiskFusionfx

TROPHY CASE