ProchargedMopar's Trading Trilogy

[prochargedmopar]

Another day, another dollar for ICT.
One contract, One trade.
Buying those groceries, paying that elec bill. LOL

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[prochargedmopar]

#1 pic take break of up bar.
#2 pic shows better entry on m1,
OR just take a wick in direction of loss headed toward m5 ZL. LOL

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[prochargedmopar]

Target accuracy deviation of 0.0
LOL WT?

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[prochargedmopar]

Quick markup M1 and ensuing result......

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[aliassmith]

Quick markup M1 and ensuing result......

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Hard not to trade the zeroline of that pinbar
Or the FMG that was also created

Down a little further there was a traditional zline at 81.05 in a Deadhorse

[prochargedmopar]

Quick markup M1 and ensuing result......

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Hard not to trade the zeroline of that pinbar
Or the FMG that was also created

Down a little further there was a traditional zline at 81.05 in a Deadhorse

Yup,

Looking for long after m5 chart cleared the lows, I like the m5 chart better, less jumpy.
IF a guy could wait for ZL hit which almost always happens in slow time of day.
Question mark on m1 shows m5 ZL.
Question mark on m5 is a riddle and story I can not tell. LOL

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[prochargedmopar]

Price is moving from liquidity to liquidity.
The market is a negative sum game
If price is moving from entries to exits back to entries then one must figure out how/when to exit before it comes back to entry
Or enter at the zero
Or a combination of both
Exiting is as important of a skill as Entering

"Price is moving from liquidity to liquidity."

Mighty:

"Can you imagine placing a trade to profit in a direction where there is almost no money left?

Consider that a professional will risk 1-2% of his account.

This means that when price moves a number of pips that equals ~2% of his account that he is out of the market and NO MORE of his money can be gained by any other trader.

So where do your massive profits come from?

The answer is the medium and long term traders who are IN PROFIT with medium to HUGE stop losses!
As day traders we each take turns filling the gap on these traders while at the same time filling the gap on other day traders using smaller charts!

Support and resistance just means that the money ran out in the direction being traded and for the size of the traders being targeted at that moment.

Think about a glass of water that is 2% full...
Do you want to take that traders drink? Is it worth it?
What about a glass that is over flowing into other cups...
Oh, you want that water now don't you!"

You really can just shelve mighty's stuff under strategy."

The man expanded my mind when it came to the markets. It moved me beyond indicators and candlestick patterns to market/price behavior. He was the most influential person in my trading.

Dude, definitely.
ICT runs a very close 2nd ONLY because MightyOne came up with money management ideas that are legendary.
They are based on success in gambling which has a VERY SLIGHT edge. Our trading edge is MUCH better than what we have against a casino.
And he also tried to build MM methods that would encompass even the sickest of minds while leading them to success.
If a person listens to what he said, specially at the end.........
It truly is almost impossible to fail.
Actually, it is IMPOSSIBLE to fail.
Risking a max of 1% of our own money, yet being able to trade at MAX lot size........We could NEVER lose OUR money. Ever, period.
Impossible:

Using Eights, No way anyone can lose 4 trades full max stop in a row 2 lines per.
Even if it did happen, reset.
Still have 99% of money left in account.
It would take 40+, 2 line losses in a row to lose 10% of account.....FORTY, back to back

I just don't see how it could happen.

If that did happen, time to re-evaluate ur breakout game......LOL

[prochargedmopar]

A students QQQ trade from today using free concepts:

[prochargedmopar]

Let this markup ride through the gap,
Wouldn't have made it.....

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[cheunt3]

Quick markup M1 and ensuing result......

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Did you just CC?

Good job

Can you do more of these in your charts? It's going to help me improve too.