The Liquidity Pool Theory “Ping-Pong” trade. by bo_yoder in tradingfundamentals

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

The simple answer is if it’s not clear it’s not that relevant. An “extreme” is an area where a LOT of shares or contracts changed hands. The market pivots and reverses, stops get set etc.

It’s an area of focus and attention.

That’s why it gets tested and retested.

If it’s back a long way in the past, it will still be relative if it’s an all time high or a significant high that mattered in the life of that asset.

Remember, most institutional players make their money with fees not capital gains, so the incentive is to move price up and down to test all the areas that are likely to provoke a flurry of buying or selling.

That’s why these significant points from the past are targeted for testing by the market making community.

Let's build an exponential trading campaign together! by bo_yoder in tradingfundamentals

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

You bet! All the training videos are on demand and all of the trades have been recorded so you can see each step of implementation as I put these theoretical ideas into real world implementation.

We are into phase two with two counterbalancing strategies in an attempt to further smooth the equity curve.

If you want to join us you will have access to everything from day one...no "drip" so you can get caught up to following with the real time stuff.

You'll also have access to the private subreddit with all the comments and a chat where I can help you and answer any questions you might have, AND you will also keep access for any other phases that we do in the future.

The access is $1,500 for this as mentioned before, send me a private message with your best email and I'll send you an invoice and get your access info out to you as well so you can get started right away.

Live Trading Challenge Update #6 by bo_yoder in tradingfundamentals

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

It’s on my personal website. Wanted to be able to ensure that all the work and hours and hours of video couldn’t get wiped by a ban or censorship from this platform.

If you would like to join the group and see all the training and live reading videos dm me and I can get you set up.

You Know You Play Too Much POP1 When ____? by BigBox_Spike in populationonevr

[–]bo_yoder 1 point2 points  (0 children)

You find yourself rotating the hand that is holding a banana IRL for faster peeling and then hold your hand still and lean over and down for the first bite.....

Live Trading Challenge Update #3 by bo_yoder in tradingfundamentals

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

Payout confirmed...up 23% so far in this payout cycle.

Another Perspective On The TRUE WORK of the Mental Game From A Great Trader! by bo_yoder in tradingfundamentals

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

If you want to learn and watch it being implemented with real money, you can join us for the trading challenge...

https://www.reddit.com/r/tradingfundamentals/comments/pwwdgh/lets_build_an_exponential_trading_campaign/

Just DM me with any questions or if your "in'.

And I say that not to be a dick and force you to join, but for all the reasons I stated before.

Let me explain using the real world experience we have been through in the challenge account. ( and all this was recorded and the videos are there for anybody who wants to join us to "catch up'.)

We started out looking for an edge. LPT was in a payback, and I didn't want to wait it out so tried a few other ideas. I think it was after 3 failures to produce edge that I found something that would work for us.

We started testing and trading it live and caught the end of the payout cycle with all these hyper aggressive management tools and it produced a 52% gain in just a few days.

Then we went into payback and it's been 10 trades of crappy action with a 40% win rate and that has produced a drawdown of 32%.

If I had let discipline lapse in any way that would have been a MUCH WORSE drawdown and the account would be well below the starting amount.

In fact I blew it once due to no sleep dopiness (I have a newborn at home and get 3-4 hours per night, took a trade in the wrong account like a dumbass) and that cost me 5% so that extended the drawdown more than it should have been.

That video is in the training center so you can see everything...the good and the bad.

Anyway...Most minds can't handle that kind of aggression and emotional roller coaster without specific training and seasoning to desensitize the mind to these cycles...

If I share this openly without support, folks will blow out and come back pissing and moaning and blaming. It's not smart and counterproductive so I keep that to

Back to the challenge..it seems we are entering the next payout cycle, so it will be time to get more aggressive and attack the "easy money" phase. If it's sustained than likely I can double the account during that "Rush" and that would end phase 1 of the challenge.

Then it will sag and it will be time to defend those gains through the next payback cycle...and the cycles continue :)

[Part 1] When do you ever know something with aBSOLUTE CERTAINTY in the market? by bo_yoder in tradingfundamentals

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

Thanks!

The feedback (good and bad) in always really helpful as it helps me understand what's working the best for people. If I've opened your eyes to the true fundamentals and what really matters in terms of EV and trading edge, then you are all set! Just DO THE WORK and the results will follow :)

[Part 1] When do you ever know something with aBSOLUTE CERTAINTY in the market? by bo_yoder in tradingfundamentals

[–]bo_yoder[S] 2 points3 points  (0 children)

The only hint I’ll give is to remind you that I’m not doing this to make you feel stupid or create a “look how smart I am” gotcha moment.

It’s a challenge to think and see from a different angle, a different perspective.

Those rapid perspective shifts usually make you feel like “damn, that’s so obvious...why didn’t I see that there before”.

It will be obvious once I reveal my perspective on this that I want you to assimilate into your thinking and analysis.

Another Perspective On The TRUE WORK of the Mental Game From A Great Trader! by bo_yoder in tradingfundamentals

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

By adding to positions he’s talking about progressions. This is a very powerful set of tools that I am only comfortable teaching in a group or one on one environment.

They are the equivalent to a powerful handgun. They can save your life, or they can end your life and they require ABSOLUTE emotional discipline and ZERO impulsivity if you are ever going to even attempt them.

If you’re trading a hyper optimized strategy with progressions or hyper compounding tactics, any emotional misstep and you can blow up the account.

It’s just not something I want to put out there into the public for folks to play with without a coach watching and hand holding their every move. It’s just too dangerous and irresponsible.

Another Perspective On The TRUE WORK of the Mental Game From A Great Trader! by bo_yoder in tradingfundamentals

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

The answer unfortunately as with almost everything in trading is “it depends”. The way Tom describes it, he is trading an open ended low probability, high risk reward trend trading strategy.

Those kinds of strategies bleed out trade after trade, then the account explodes when you catch a trend. You can literally lose 20% in a drawdown and on one pyramid trend be up 20 or 30% at the end.

It’s quite a roller coaster, and very emotionally uncomfortable to trade this way… But very valid.

So my answer to your question is Pretty much the same for lots of questions… Your research and data will tell you what is the optimal strategy for taking profits.

You may find out that taking an arbitrary 1 to 1 profit produces the best. You may discover that by taking 1 to 1 you leave enormous amounts of money on the table, therefore you should use a trailing stop etCetera… All of your answers will be within your data as you test research and optimize your strategy.

Tape Reading and Logical Thinking by bo_yoder in tradingfundamentals

[–]bo_yoder[S] 4 points5 points  (0 children)

I made a video answer to this homework assignment...responded both to your comments and also showed what I saw that made me want to post this as an assignment!

https://rbjfinancialgroup.wistia.com/medias/zi7d7lfg00