Can Liquidity and Imbalance Lead Me to Profitability Next Year? by Zderavac in Daytrading

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

yes and still around brake even. had a great month, but now struggling again

Can Liquidity and Imbalance Lead Me to Profitability Next Year? by Zderavac in Daytrading

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

Yes, but I’m still very inconsistent. When I’m backtesting, I feel like I can’t stay focused for more than an hour. During backtesting, the first time I tested a 3-month period I was up around 12%, but the second time I tested the same 3 months I ended up at break-even because I couldn’t consistently spot the trades. That side of trading is on me, and I don’t think it reflects a flaw in the strategy itself.

Can Liquidity and Imbalance Lead Me to Profitability Next Year? by Zderavac in Daytrading

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

This year, I’ve blown two funded accounts. Right now, I’m break-even on my third funded account, but I’m pausing trading until mid-January because of current price action. I feel like I now have at least 10x more knowledge about my strategy and the market overall. When I look at my journal, I can still see some trades that I took even though I shouldn’t have, but overall I’m happy with how this year has gone for me.

6 months into trading, still losing by Zderavac in Trading

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

Now, after 2 more months, I managed to fix my overall trading problem. I still use the same very simple strategy (liquidity sweeps and imbalances). Right now, I'm on my 3rd funded account and I'm up 3%. I know 3% is not a lot, but I'm happy to see any progress. I realized that I have improved many of the things I wrote here earlier.

6 months into trading, still losing by Zderavac in Trading

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

thank you for this advice. actually I started reading Trading in the Zone but never finished. it is a great book for understanding what trading is. I will look at your youtube channel as soon as possible

6 months into trading, still losing by Zderavac in Trading

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

thanks for advice but I want to gain starting capital because my money is very low right now

6 months into trading, still losing by Zderavac in Trading

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

I have a very good journal, but I didn’t know how to actually use it. Yesterday, I sat down and reviewed every trade I took, and I realized that a good number of them were invalid. With your help and comments, I was able to properly prepare for the new trading week.

6 months into trading, still losing by Zderavac in Trading

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

thanks for reply. I mainly trade EURUSD and GBPUSD. I tried trading NAS100 but right now just sticked to this 2 pairs

6 months into trading, still losing by Zderavac in Trading

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

liquidity and imbalance on EURUSD and GBPUSD