Recent content by trender

Us30 second attempt failed. So I just move on. Anyone else wanna share their approach to when and how they call it quits on a trade and move on?

Yes I was. Re testing low or high coincidence.....my theory is it's looking for liquidity. I've taken another entry on the deep retracement. I usually will try twice. If unsuccessful I move on.. usually after two failed attempts my psychology on a particular trade entry is not optimal anymore...

Now that's what I call a close call! lol!

On a slightly different topic. When I first started trading the biggest mistake I made (which most people do) is go 'system' hoping without giving any strategy a decent try and assessment. Took me a long time to correct this mistake. Another big mistake I made was thinking that an edge comes...

I agree with you it's not great to open a trade in the lowest liquidity session. And I generally don't mate. But with the US30 when I get my signal to execute a trade, I have found it generally doesn't matter what session I open in. There will be many times that my signal executes in the Asian...

Taken a trade on US30. Conditions: - 4h Market structure is bullish -1 h had a retracement and broke above a downward TL - 1h has indicated the PoLR (Path of least resistance) has a higher probability to be upwards. I base this off my price and volume dynamic. Essentially, I want to see a...

This can be tricky because you may get your 2R quicker but your win rate could suffer which would be counter productive overall. So you'd need to maintain the same win rate.

Ah ok gotcha. I misunderstood your RR metrics.. what timeframes do you trade? Thanks

Mate your reward to risk is phenomenal! Indeed asymmetrical. Assuming your win rate is adequate, that's outstanding. What do you mean by PP target? Thanks for your post. I dont understand that insider trading bit you posted. Are you saying thats an example of insider trading? With regards to...

@peter2 How do you set take profits? Do you adjust SL during trade management, have targets based off some market structure or just a fixed Reward to risk? What do you find has overall worked best for you? Thanks

With your example on the 1h, i entered not much after your entry. On the 1h it works well to. Let me take a screenshot of what i mean. Just ignore my trade entry on the chart. I have indicated on the 1h, how i would use price and volume with the example you gave mate.

Hi Peter, Thank you for your post, questions and your trade example. Much appreciated. I have cut and pasted your questions and try to answer them. Your Qs are in Green. Are you happy with your current performance? I am happy with my yearly returns. After all trading expenses, I am...

Hi guys, Thought I'd post some of my trades and analysis as much as possible in real time. This is how I have been trading for almost 7 years now and I cant complain too much. I take tons of losses but my gains are greater. The main reason I am posting these is because I am more than happy for...

Yes I trade prop capital in addition to my own. I currently have $3,300,000 in prop funding across 3 different firms. I've never had issues with payouts because I don't engage in any practice that could remotely even break the rules. No EAs, no bots, no copy accounts etc. All those practices can...

Thanks for sharing. I do look at futures as well. Tbh the vast majority of my trades are in stocks and indices where volume is centralized. With currency I rely more on market structure and multiple time frames. I'm pretty paranoid with trading and stock markets in general. I have no idea if in...