Aliassmith Beats a "Dead Horse"

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IgazI
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Re: Aliassmith Beats a "Dead Horse"

Postby IgazI » Sat Jan 02, 2021 5:49 pm

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aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Sun Jan 03, 2021 12:01 am

IgazI wrote:allsmith.png


Not sure what you are demonstrating in the pic.
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Re: Aliassmith Beats a "Dead Horse"

Postby IgazI » Sun Jan 03, 2021 1:36 am

aliassmith wrote:
IgazI wrote:allsmith.png


Not sure what you are demonstrating in the pic.


You've found the right box size when you can see numerous 3 and 4 line rotations; it is kind of like reducing fractions, you are taking
really long columns and then reducing them to lengths that you are familiar with.

Since the bonds are in congestion we need to find the center line that best encapsulates the common rotations for this
market, 3, 4, 5.5 (5-6), 7.

I was just trying to show you how easy it is to find really strong price levels 'by the numbers'.

aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Sun Jan 03, 2021 8:18 am

IgazI wrote:
aliassmith wrote:
IgazI wrote:allsmith.png


Not sure what you are demonstrating in the pic.


You've found the right box size when you can see numerous 3 and 4 line rotations; it is kind of like reducing fractions, you are taking
really long columns and then reducing them to lengths that you are familiar with.

Since the bonds are in congestion we need to find the center line that best encapsulates the common rotations for this
market, 3, 4, 5.5 (5-6), 7.

I was just trying to show you how easy it is to find really strong price levels 'by the numbers'.


I understand now thx.
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Re: Aliassmith Beats a "Dead Horse"

Postby buffalo » Thu Jan 07, 2021 6:20 pm

This mornings haul.
1st trade long-exited with a small loss
2nd trade short- 1/1 R:R
3rd trade short- minus .5% (funny enough, was going into a long z-line)
4th trade long- minus .5%

Net pips- less than I had before

01072021.png
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aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Thu Jan 07, 2021 9:26 pm

buffalo wrote:This mornings haul.
1st trade long-exited with a small loss
2nd trade short- 1/1 R:R
3rd trade short- minus .5% (funny enough, was going into a long z-line)
4th trade long- minus .5%

Net pips- less than I had before

01072021.png


I didn't trade this week. American chaos and non-farm payroll news.

Depends on your entry method if there was profit on that chart.
Looks like trade 1,3, and 4 broke structure.
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aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Fri Jan 08, 2021 2:28 am

buffalo wrote:This mornings haul.
1st trade long-exited with a small loss
2nd trade short- 1/1 R:R
3rd trade short- minus .5% (funny enough, was going into a long z-line)
4th trade long- minus .5%

Net pips- less than I had before

01072021.png


You still trading CTI and did you pass?
I just traded FTMO in my spare time. Passed the first part on to the second. 2 months to make 5% so should be easy. One could trade about $600k with them in 16 months.

I might test 5ers next. They changed some of their rules recently. There isn't a relative drawdown anymore and they allow 3 accounts. You could be trading over $3 million in a year or 2 by hitting 5% a month. I might do that and put my account into some passive investment incase I need it in the future.

Thats a different type of leverage.
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aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Fri Jan 08, 2021 11:19 pm

I'm going to have to try out 5ers or find someone that has been paid out by them.

With their new rule adjustments they could be very lucrative. I looked at their low risk plans and there is a 24k, 40k, 52k, and an 80k version.

Basically the 52k version doesn't make much sense, so that leaves the other 3. If you do the math you will also find out the 40k and 80k versions make the most sense. If you have the money and skill 80k definitely is the winner.

The plan would be to get three 80k accounts. This will cost $2625. Starting day 1 you will need about 46% to max the accounts out for a total of $3.84 million. There is however a 50% split in essence you will be trading a $1.9 million account.

If you are making 50% a year you almost get $1 million.

You can do the same with the other plans but it takes longer.
If you can make 50% a year by their rules you'll be a millionaire in about 2 years.

Note: three 40k plans cost $1350 and require 56% to max out. Three 24k plans cost $825 and require 66% to max out.
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aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Sun Jan 10, 2021 5:11 am

Because I looked at 5ers I figured I would check out CTI.
CTI made some changes, good ones and not so good ones.

If you compare them to 5ers on a single account basis CTI wins hands down. Since they don't allow multiple accounts that is all we can compare.

A single CTI account will go up to $2 million and you get 70% of the profit. The downside is it takes 12.5% to go up each level after the intro level.

If you just have to trade indices they CTI would be the choice.

From what I have read it looks like 5ers would be my go to over CTI.

I would rather get 50% of $3.8 million with 5ers than 70% of $2 million with CTI. It also takes less gains to max out 5ers.

I'm not saying CTI doesn't have PROs they just don't get me excited.
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aliassmith
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Re: Aliassmith Beats a "Dead Horse"

Postby aliassmith » Mon Jan 11, 2021 11:47 pm

If you are trying to get better at trading then you will need to study yourself and the market.

One interesting test to do is when you feel like you should close your positions leave 5 to 10% still running and keep a log of what happens to that last piece.

You can see if you are exiting trades where you should be. You might discover 80% of your trades go 20% longer.

Keep a log of your TP and see if you under guess or over guess. This works with losses also. You could find out if you make your SL to tight or too loose.

You won't know any of it if you don't track and study it.
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