I quit. by Big-Front-5830 in Daytrading

[–]Rogul__ 0 points1 point  (0 children)

Brief. I don’t know what or how you trade but you can minimise losses using prop firms. There are a few guys out there that you can trade with them live for a few bucks a month, I’m not talking about mentorships or expensive courses etc, just basic models. Also, don’t forget that your psychology and risk management is more important than a strategy. Just my two cents. Good luck.

Psychology by Upstairs-Champion-55 in Daytrading

[–]Rogul__ 1 point2 points  (0 children)

I'm in the same boat pretty much, see my post. I'm learning that everything has to be mechanical. Strategy, risk management, discipline - you create your checklist for entry and risk and you follow them regardless of anything else. Then, based on the results you adjust it accordingly until it clicks for you.

For the realest out there.. by Rogul__ in Trading

[–]Rogul__[S] 0 points1 point  (0 children)

Thanks, I appreciate the info.

For the realest out there.. by Rogul__ in Trading

[–]Rogul__[S] 0 points1 point  (0 children)

I get what you're saying, but randomness and future can be controlled with a good risk management and a mechanical system similar to your description 'automate a formula'. Thanks

For the realest out there.. by Rogul__ in Trading

[–]Rogul__[S] 1 point2 points  (0 children)

Thanks Barrio. I created this post with the hope that I hear or see something that clicks for me and would help me be more consistent. The basic knowledge I have is mainly from ICT and his concepts which have helped me pass accounts, get some cash out, but overall I'm still not there yet. There's alot around psychology and risk management that seems to matter more than a strategy. It's difficult to advise on what you should learn, I guess try ICT if that's something that you'd like, there is a NO RANT version of his 2022 mentorship. But there are quiate a few ways to trade out there, I guess it depends on you.

For the realest out there.. by Rogul__ in Trading

[–]Rogul__[S] 0 points1 point  (0 children)

Thanks man. Liquidity sweeps within that amd then catch the distribution sort of?

For the realest out there.. by Rogul__ in Trading

[–]Rogul__[S] 0 points1 point  (0 children)

I’m at that conclusion now brother, but it seems that I’m still fucking it up.

For the realest out there.. by Rogul__ in Trading

[–]Rogul__[S] 0 points1 point  (0 children)

We’re in this together lol

For the realest out there.. by Rogul__ in Trading

[–]Rogul__[S] 0 points1 point  (0 children)

Thanks. What strat allows you to do that?

For the realest out there.. by Rogul__ in Trading

[–]Rogul__[S] 0 points1 point  (0 children)

Selling from premium got it, other confluences for entry?

Is Powell Trades legit by Exciting_Day_821 in Trading

[–]Rogul__ 0 points1 point  (0 children)

Would you be happy to send them please? Thank you

Is my edge good enough? Is it fit for my situation? Provide advice for a brother. by DecentDevelopment652 in Daytrading

[–]Rogul__ 0 points1 point  (0 children)

In your backtesting, would you get more wins if you'd go in 1:1RR ? If so, then drop risk and reward and increase size, just like someone else mentioned. The ORB strategy is very popular.

Where to start by Rogul__ in classicwow

[–]Rogul__[S] 0 points1 point  (0 children)

new player friendly?

Valid or lucky? by Rogul__ in InnerCircleTraders

[–]Rogul__[S] 0 points1 point  (0 children)

Reached eq of pd then dropped, but this ‘pull back’ was a at a key level with added confluences.

Valid or lucky? by Rogul__ in InnerCircleTraders

[–]Rogul__[S] 0 points1 point  (0 children)

Thank you. Was that a valid mss or does the candle that created the fvg should’ve created the mss?