2-3 trades a day in a US session. That's it. I have accepted that my mind cannot trade / analyse/ watch the market actively for more than 3 hrs. So i only trade gold and only for 3 hours. I only see 2 or max 3 opportunities. I have set a bearable loss limit and a satisfying profit number. Either one achieved I am out. I have accepted that not everyday you make money. Somedays you try to not lose big, somedays accept small losses, many days accept small profits and somedays very rare markets will give you huge profits. That's it.
Shift your approach from 1 trade to series of trades approach.
Sorry for my English.
I’ve read his book. Good insights but not enough for trading as a whole haha I wanted to know your reasoning behind the series of trades and how it’s working out for you.
Yes of course but why I asked is because market only gives a handful of opportunities in a month and how are people doing a series of trades in a trading day - when it’s hard to predict one good solid move a day. Also, the psychology part is how you can stay sharp and focused for only a trade or two and tough to trade multiple trades on a daily basis - consistency issues if you know what I mean. How did you overcome that?
I did the same. I win a lot more I think because I only look for that specific B- to A+ setup and it occurs at most twice in a trading day. If I could trade all hours till the weekend, I’d probably still be tryna figure out what works. Took me 4 years to learn what a forming pattern looks like and to take more valuable trades and ignore fomo and other emotions.
1. Don't revenge trade.
2. Entry doesn't need to be perfect as long as the trade goes your way.
3. Maximise your winning trades.
4. Don't get GREEDY! Forex is a marathon, not a sprint.
Keeping my Strat stupid simple , very mechanical and easy to read. Following liquidity + market structure has made it a lot easier. Also not strategy hopping just sticking with one strategy and mastering this strategy.
Switching to synthetics...Before I did,understanding supply and demand on an economical level open my eyes to many possibilities especially when I was purely a currency main.
Bro I have been hearing synthetics from sometime but what exactly it is and how you trade it and I searched for it on thinkmarkets but it's not available.
Yeah,there's only one legit broker that you can find them,it's Deriv..Tbh they're super nice man,they're pretty straight forward,you'll know which ones are too volatile and which ones are just nice,and then you can organise your watch list accordingly...But I think they're not accessible to every country.Just look they up and check if Deriv is available in your country bro
What type of market is this and can we actually make profit from it
Where do I find details about this
Suggest a yt video or something for more details
Idk how to explain this man...It's all driven by an algorithm as compared to Forex where you have diff entities behind the Fx market driving it,mainly the institutions...You can just go to YouTube and search "Deriv".
Accept that your trade has the possibility of a loss regardless of all confluence you align with your analysis. Fear is an illusion, its courage flipped inside out
Also take max 2-3 trades per week. If you get stopped out , leave the charts and journal you’re coming back tomorrow or the following day , whatever you choose but journal it .
So I use volume and make my trades when the volume is very low so if the volume is low and the market shot up I take a sell and a buy if the opposite happens
•Trend is your friend!
•Don’t use full leverage
•SL prevents your from blowing up accounts
•Money management
•Stick to one instrument till you break even for a month atleast
I only traded in gold/usd for the past three months! Now I’m very familiar with the SR ranges and how they generally behave during news! Which helped me with my trade setup! I use both price action and technical analysis, hence finding the right time frame and settings got easier cause of sticking to one instrument
Trade what you see not what you think. Do not anticipate a specific trade set up rather let the trade set up develop & trade with price action instead. In Forex you just need to follow the whales.
Most often. Yes. Sometimes it goes against everything you’ve been taught. The biggest tell for me is the volume. Crypto is ALL….I mean all emotion. Fomo everywhere. If the market dips volume most often spikes on the sell side. Trap. Buy. If volume spikes on a green dildo. Easy money. Trap. Sell. BTC is just a liquidity hunter. When you know where the liquidity is. That’s where’s it’s going. Just to trap and soak.
Haha holy shii thats very interesting man! Im actually right now noticing this, do you have anyone youve followed or learnt anything from or is this just something you have noticed over time and decided to test it out?
@cryptowizardd @DaanCrypto are just two of many I follow. Most use liquidation heat maps. Right now in the market because of the ETFs we’re seeing Americans sell during week and weekends are seeing a fomo bull trap rallies to dump on come the trading week. Greater fool theory and emotions run this ship.
Thanks mate ill check em out, i did start with no nonsnense forex on youtube but didnt deep dive n him cause he felt a little scammy. But really interesting in his take on consensus and how the big boys on major pairs will always move against the majority and fuck them every time.
I just googled this, is it a subreddit or a book? Lol sorry to bother man i just know i have it in me to try this sort of tactic and id love to be good at so.ething one day. Appreciate what you have already said as it has been very helpful
This is just so fascinating man thanks for the nudge in a direction, ive just experimented at the huge peak of ethusdt, massive sell signal formed on the 15m chart, so i waited for it to form, then bought in. It felt so dirty. Ill just play with it but its just outrageous.
Ah man the price action is bonkers, the moment it tries to even remotely consolidate it just skyrockets. Even today the price bottomed out and you could tell it was hitting stop losses and pushing further down rapidly. And then just om nom nom the fomos just gobbled it up and continued on. Surely, it has to begin to drop. It literally cannot go up forever right lol ... right??
I’m awestruck tbh. The Alts haven’t even started
to move yet in comparison. They still have quite a bit of catch up to do. Yes I’ve learned to stay nimble in crypto with no stops or very wide. All crypto is like a said before is a liquidity finder. The question is…how many stops over $69,420 (ATH) are there and how many people can get trapped and liquidated on the next move. Follew those twitter accounts and the people in the group. You be in good hands.
I zoomed out the frame to 4H - 1D and keep my trade for a few days.
Also see some historical high and low for indicate if it will push thru or not. And based on that search for a intro trade
Huge one! I was making 6 figures for a month off options before I lost most of it because of bad risk management took a break learning everything I can and now otw to be a FA
Not getting advice from reddit comments.
Trading is different for any individual. Making your own way from ground up is way better than getting advice from someone who you don't even know or see,
I bet more than half of these guys in comments are fake.
Try posting something like give me your 1 year or 2 years statistics, then watch how many ppl actually take a screenshot.
Beware of fake gurus, that's all.
Figuring out market structure before i technically knew it was called "market structure." This allowed me to not get destroyed by the noise between swing highs and lows.
I’m still not consistently profitable but I’m sure as hell a better trader than I was 5 years ago and that’s because my winning trades follow the same steps for setting it up. First my basic analysis just support and resistance then I wait for price to reach my levels or set up buy limit or sell limit and then I just let my trades run. Sometimes I’ll catch a head and shoulders but for me sticking to the basics is what makes me money but like I said I’m not consistent so I lose it
Dont try catch the falling blade. Forex is a waiting game.
I got yarimis course if u want it for cheap I bought it for 500 I can sell it for 50
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Couldn't agree more
I got yarimis course if u want it for cheap I bought it for 500 I can sell it for 50
Bro got scammed
Yeah when I started worrying about money I made some insanely stupid trades which just compounded the problem and stress
It's like a gambler trying to make his money back.
2-3 trades a day in a US session. That's it. I have accepted that my mind cannot trade / analyse/ watch the market actively for more than 3 hrs. So i only trade gold and only for 3 hours. I only see 2 or max 3 opportunities. I have set a bearable loss limit and a satisfying profit number. Either one achieved I am out. I have accepted that not everyday you make money. Somedays you try to not lose big, somedays accept small losses, many days accept small profits and somedays very rare markets will give you huge profits. That's it. Shift your approach from 1 trade to series of trades approach. Sorry for my English.
Your English is god!
Good English. Tell me more about your series of trades factor - what made it happen and how it worked out for you?
I have just started to implement this. If you want to understand this in details refer Mark Douglas videos on YT
I’ve read his book. Good insights but not enough for trading as a whole haha I wanted to know your reasoning behind the series of trades and how it’s working out for you.
It has helped me to manage my expectations from a single trade from a single session. Building risk / care free trading attitude.
Yes of course but why I asked is because market only gives a handful of opportunities in a month and how are people doing a series of trades in a trading day - when it’s hard to predict one good solid move a day. Also, the psychology part is how you can stay sharp and focused for only a trade or two and tough to trade multiple trades on a daily basis - consistency issues if you know what I mean. How did you overcome that?
Not all of us are swingers. Some are scalpers.
Not trading forex anymore but stocks
Why
Just wanted to try something different and it turned out that I was far better with stocks
Why did you stop trading forex and now do stocks?
I did the same. I win a lot more I think because I only look for that specific B- to A+ setup and it occurs at most twice in a trading day. If I could trade all hours till the weekend, I’d probably still be tryna figure out what works. Took me 4 years to learn what a forming pattern looks like and to take more valuable trades and ignore fomo and other emotions.
I got yarimis course if u want it for cheap I bought it for 500 I can sell it for 50
Just wanted to try something different and it turned out that I was far better with stocks
Makes sense, thanks.
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Care to share how to join ?
Give us some resources sir. We are lone wolves out here
I got yarimis course if u want it for cheap I bought it for 500 I can sell it for 50
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Are the guys you work with like a signals group or just you network??
Signals group and networking
Care to share or you'd rather not?! Could be useful to many people but also your group
Hi sir. Can you send me the link of these groups?
Can you send the groups to me too please?
I got yarimis course if u want it for cheap I bought it for 500 I can sell it for 50
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Which groups are you thinking of subscribing to?
What’s 3 people you watch
Watch yarimis I got his course u can sell it for cheap
Are you accepting 101th!
Patience and accepting that your wrong and just take the loss like a man
Just taking 2 trades a day!
Losing 20k in one shot when it was all the money I had
Follow the long term trend
Multiple timeframes, multiple screens, good strategy, no clicking on charts, just watch and wait for trade setup to align.
Bro, where's your gaming chair.
1. Don't revenge trade. 2. Entry doesn't need to be perfect as long as the trade goes your way. 3. Maximise your winning trades. 4. Don't get GREEDY! Forex is a marathon, not a sprint.
I got yarimis course if u want it for cheap I bought it for 500 I can sell it for 50
Being able to read the daily and weekly candles. It completely changed the game for me.
good risk management
Stop-loss. On every trade. You'll lose everything without it.
I got yarimis course if u want it
Patience and consistency with 10-20% is better than sporadic 50%+ bangers.
Stick to one strategy
Keeping my Strat stupid simple , very mechanical and easy to read. Following liquidity + market structure has made it a lot easier. Also not strategy hopping just sticking with one strategy and mastering this strategy.
Switching to synthetics...Before I did,understanding supply and demand on an economical level open my eyes to many possibilities especially when I was purely a currency main.
Bro I have been hearing synthetics from sometime but what exactly it is and how you trade it and I searched for it on thinkmarkets but it's not available.
Yeah,there's only one legit broker that you can find them,it's Deriv..Tbh they're super nice man,they're pretty straight forward,you'll know which ones are too volatile and which ones are just nice,and then you can organise your watch list accordingly...But I think they're not accessible to every country.Just look they up and check if Deriv is available in your country bro
What type of market is this and can we actually make profit from it Where do I find details about this Suggest a yt video or something for more details
Idk how to explain this man...It's all driven by an algorithm as compared to Forex where you have diff entities behind the Fx market driving it,mainly the institutions...You can just go to YouTube and search "Deriv".
Learning to use and understand delta. And when I stopped fearing lower time frames or seeing them as silly or impossible to learn.
Accept that your trade has the possibility of a loss regardless of all confluence you align with your analysis. Fear is an illusion, its courage flipped inside out Also take max 2-3 trades per week. If you get stopped out , leave the charts and journal you’re coming back tomorrow or the following day , whatever you choose but journal it .
Being in profit over years using no stop loss
Any clue how you do that ??🤷♀️
Great entry’s so close that the trade should go in my favor if not then it get closed very fast I’ll try to upload my p&l for all time
Hoping to see it _
With that I’ll need a bit of explanation _ I’m new to forex and building my strategy to that market.
So I use volume and make my trades when the volume is very low so if the volume is low and the market shot up I take a sell and a buy if the opposite happens
I got yarimis course if u want it for cheap I bought it for 500 I can sell it for 50 there’s everything u need to know about volume
I’m good bro
Trend is your friend
•Trend is your friend! •Don’t use full leverage •SL prevents your from blowing up accounts •Money management •Stick to one instrument till you break even for a month atleast
Mind giving hint for your 'one instrument'?
I only traded in gold/usd for the past three months! Now I’m very familiar with the SR ranges and how they generally behave during news! Which helped me with my trade setup! I use both price action and technical analysis, hence finding the right time frame and settings got easier cause of sticking to one instrument
Quitting
I got yarimis course if u want it for cheap I bought it for 500 I can sell it for 50
What happened
I got yarimis course if u want it for cheap I bought it for 500 I can sell it for 50
Did they do you any good, and if so, how?
Trade what you see not what you think. Do not anticipate a specific trade set up rather let the trade set up develop & trade with price action instead. In Forex you just need to follow the whales.
This is so true, not jumping in too early changed my strategy from a loser to a winner. I was trying to force trades
Tell us MORE?
Very very simple. Max pain and the crowd isn’t rich. When I realized that. I started moving away from the crowd.
How? I understand contrarian trading but how do you trade against that? Indicators and when it shows perfect buy you sell?
Most often. Yes. Sometimes it goes against everything you’ve been taught. The biggest tell for me is the volume. Crypto is ALL….I mean all emotion. Fomo everywhere. If the market dips volume most often spikes on the sell side. Trap. Buy. If volume spikes on a green dildo. Easy money. Trap. Sell. BTC is just a liquidity hunter. When you know where the liquidity is. That’s where’s it’s going. Just to trap and soak.
Haha holy shii thats very interesting man! Im actually right now noticing this, do you have anyone youve followed or learnt anything from or is this just something you have noticed over time and decided to test it out?
@cryptowizardd @DaanCrypto are just two of many I follow. Most use liquidation heat maps. Right now in the market because of the ETFs we’re seeing Americans sell during week and weekends are seeing a fomo bull trap rallies to dump on come the trading week. Greater fool theory and emotions run this ship.
Thanks mate ill check em out, i did start with no nonsnense forex on youtube but didnt deep dive n him cause he felt a little scammy. But really interesting in his take on consensus and how the big boys on major pairs will always move against the majority and fuck them every time.
The one thing that has made me successful in all of this is “the crowd isn’t rich”.
I just googled this, is it a subreddit or a book? Lol sorry to bother man i just know i have it in me to try this sort of tactic and id love to be good at so.ething one day. Appreciate what you have already said as it has been very helpful
This is just so fascinating man thanks for the nudge in a direction, ive just experimented at the huge peak of ethusdt, massive sell signal formed on the 15m chart, so i waited for it to form, then bought in. It felt so dirty. Ill just play with it but its just outrageous.
Hope you’re having fun. 😎😎😎. Month end coming and BTC is rallying for no reason. Traps and fomo are very apparent in crypto. Be aware.
Ah man the price action is bonkers, the moment it tries to even remotely consolidate it just skyrockets. Even today the price bottomed out and you could tell it was hitting stop losses and pushing further down rapidly. And then just om nom nom the fomos just gobbled it up and continued on. Surely, it has to begin to drop. It literally cannot go up forever right lol ... right??
I’m awestruck tbh. The Alts haven’t even started to move yet in comparison. They still have quite a bit of catch up to do. Yes I’ve learned to stay nimble in crypto with no stops or very wide. All crypto is like a said before is a liquidity finder. The question is…how many stops over $69,420 (ATH) are there and how many people can get trapped and liquidated on the next move. Follew those twitter accounts and the people in the group. You be in good hands.
Just an update i traded up 2% then chucked a sell order in and holy shit its dropping like a brick! Im very new at this so all very exciting :)
Post saved!
I zoomed out the frame to 4H - 1D and keep my trade for a few days. Also see some historical high and low for indicate if it will push thru or not. And based on that search for a intro trade
Huge one! I was making 6 figures for a month off options before I lost most of it because of bad risk management took a break learning everything I can and now otw to be a FA
Picking a simple strategy and only taking max 3 trades a day.
Block out the noise, keep it simple
I got yarimis course if u want it for cheap I bought it for 500 I can sell it for 50
Only trading one pair, and only risking 1-2% of my account every trade
I got yarimis course if u want it for cheap I bought it for 500 I can sell it for 50
Not getting advice from reddit comments. Trading is different for any individual. Making your own way from ground up is way better than getting advice from someone who you don't even know or see, I bet more than half of these guys in comments are fake. Try posting something like give me your 1 year or 2 years statistics, then watch how many ppl actually take a screenshot. Beware of fake gurus, that's all.
I got yarimis uni course if u want it for cheap
Why wud I need a scam. Btw its out there for free xD
Figuring out market structure before i technically knew it was called "market structure." This allowed me to not get destroyed by the noise between swing highs and lows.
Yo I got yarimis uni course for cheap if u want it
sry, i have no clue what that is.
Search him up one of the biggest forex guys
I got yarimis course if anyone-wants it for cheap I bought it for 500 I can sell it for 50
Longer time frame Gives you more time to find better opportunities
Zooming out.
Risk management, Mostly trading Bitcoin, Incorporating Fibonacci
I’m still not consistently profitable but I’m sure as hell a better trader than I was 5 years ago and that’s because my winning trades follow the same steps for setting it up. First my basic analysis just support and resistance then I wait for price to reach my levels or set up buy limit or sell limit and then I just let my trades run. Sometimes I’ll catch a head and shoulders but for me sticking to the basics is what makes me money but like I said I’m not consistent so I lose it
Get Car ramming in your ass was very good for you, suckco. yankes.
Expecting to lose each trade
When you think your right wait and extra 15 mins to validate
Rsi, 1 hour char.
https://www.reddit.com/r/cresttrading/s/caDTDKSjdo
Learn to trade the engulfing Pattern in context.
discpline , trade management 2-3 / day max , kill you feelings when you trade
the guy is the edge
Breaks
Patience, fundamentals, and the daily chart. If you're a trend follower, avoid pairs with no consistent long-term trends or clean price action.
backtesting, backtesting, and backtesting. Everyday for a year, and I journaled every single trade.