Aliassmith Beats a "Dead Horse"

[aliassmith]

Damn who would of thought this would happen?

[aliassmith]

3 days of no trading
That is some BS.

[Don_xyZ]

I saw another company fundednext.com and they offered $15k for like $99.
That's triple the amount with lower fee.
Have you tried this one before, Alias?

edit: and also they don't require the use of stop loss. Interesting offer for aggressive traders who need funding.

[aliassmith]

I saw another company fundednext.com and they offered $15k for like $99.
That's triple the amount with lower fee.
Have you tried this one before, Alias?

edit: and also they don't require the use of stop loss. Interesting offer for aggressive traders who need funding.

I've never came across them.

[vamp]

Damn who would of thought this would happen?

Not me, and it cost me an evaluation account haha. I thought I was being smart buying the break of the lows and kept buying and held....
Needless to say I should of been along for the ride. I keep breaking the rule of no big losses.

I thought I would chime in since I enjoy when you post Alias. 3 days no trading is tough but I deserve a sit down and reflection for the week.

[aliassmith]

Damn who would of thought this would happen?

Not me, and it cost me an evaluation account haha. I thought I was being smart buying the break of the lows and kept buying and held....
Needless to say I should of been along for the ride. I keep breaking the rule of no big losses.

I thought I would chime in since I enjoy when you post Alias. 3 days no trading is tough but I deserve a sit down and reflection for the week.

Unless that is your trading style, getting caught up adding to losses can hurt big when it happens. Its tough unless its managed in tight ranges. Once you stack into a loss your mind might snap unless you have a reasonable SL . I think I've seen market makers do it because they have to make a market but they also have different games they play.

My biggest gains in general have been from adding into winners as MO has shown.
Adding to losses have been my biggest losses

[IgazI]

Damn who would of thought this would happen?

Not me, and it cost me an evaluation account haha. I thought I was being smart buying the break of the lows and kept buying and held....
Needless to say I should of been along for the ride. I keep breaking the rule of no big losses.

I thought I would chime in since I enjoy when you post Alias. 3 days no trading is tough but I deserve a sit down and reflection for the week.

Unless that is your trading style, getting caught up adding to losses can hurt big when it happens. Its tough unless its managed in tight ranges. Once you stack into a loss your mind might snap unless you have a reasonable SL . I think I've seen market makers do it because they have to make a market but they also have different games they play.

My biggest gains in general have been from adding into winners as MO has shown.
Adding to losses have been my biggest losses

Before you can "buy the dip" you need to define what is "up" and what is "dn":

Price does not move straight up or down so what you are really saying is that anything shy of an x% retrace is an up leg and anything beyond is the start of a down leg.

You "buy the dip" of up legs and GTFO of down legs ---> that is the secret sauce that they are missing

PS: as Alias said, it is better to just cut your losses and stack in the direction of profit. . .
but if you are going to buy dips then this is how you should do it.

Screenshot 2022-09-04 152237.png (106.12 KiB) Viewed 1657 times

[salezyakuku]

Long time without a post here but things learned from MO didn't change. "Once you see it, you can't unsee it."

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[aliassmith]

One trade today for about 1%.
Zline trade on M5 US30 against the trend.
As soon as I hit close it went 2 more points and turned on a dime.

[aliassmith]

Made a few US30 scalps for 1%+. I think I'll be done today. As long as you don't get caught on the wrong side of a big move without a SL US30 is nice for scalping.