Aliassmith Beats a "Dead Horse"

[kiwiarian]

I did try this so many times.
Often price comes at the line goes 2 pips deeper, comes back, I enter, price reverses, goes some more pips against me, I exit and price goes up. I will keep trying but it isn't my favorite entry.
I do hope to master it sometimes

I'm in the same boat as you, this gives us an edge getting in, but managing the trade is just as hard getting a profit out of the edge.
A few more years practise and we should get it

A few more years

It's like placing a trade, instead of thinking price "should" go here, we should think price "could" go here so our expectations and risk are not high.
If I'm all stressed trying to make this work in such a short amount of time I won't be thinking clearly and not making correct decisions or grasping important concepts etc.
Removing that stress of "I have to figure this out" now has allowed me to think about more about stuff I am actually doing/not doing etc and accept this is not an overnight thing.

[kiwiarian]

I'm in the same boat as you, this gives us an edge getting in, but managing the trade is just as hard getting a profit out of the edge.
A few more years practise and we should get it

A few more years

It's like placing a trade, instead of thinking price "should" go here, we should think price "could" go here so our expectations and risk are not high.
If I'm all stressed trying to make this work in such a short amount of time I won't be thinking clearly and not making correct decisions or grasping important concepts etc.
Removing that stress of "I have to figure this out" now has allowed me to think about more about stuff I am actually doing/not doing etc and accept this is not an overnight thing.

We "could" get this in the next 3months

[nonibadsha]

A few more years

It's like placing a trade, instead of thinking price "should" go here, we should think price "could" go here so our expectations and risk are not high.
If I'm all stressed trying to make this work in such a short amount of time I won't be thinking clearly and not making correct decisions or grasping important concepts etc.
Removing that stress of "I have to figure this out" now has allowed me to think about more about stuff I am actually doing/not doing etc and accept this is not an overnight thing.

We "could" get this in the next 3months

I like that statement better

[aliassmith]

A few more years

It's like placing a trade, instead of thinking price "should" go here, we should think price "could" go here so our expectations and risk are not high.
If I'm all stressed trying to make this work in such a short amount of time I won't be thinking clearly and not making correct decisions or grasping important concepts etc.
Removing that stress of "I have to figure this out" now has allowed me to think about more about stuff I am actually doing/not doing etc and accept this is not an overnight thing.

We "could" get this in the next 3months

You COULD get struck by lightning!
If you have seen the stats I have seen and the anecdotal evidence I witness, you will realize that 3 months is ridiculously optimistic.

If you look at the data MFF puts out, you will see 1 out of 1000 people who do an evaluation actually make money. After they get to that level more people fall off.

This is why I am conservative when I give advice. You don't need to spend a lot of money these days to learn how to trade and spending more money doesn't mean you will learn faster.

[kiwiarian]

It's like placing a trade, instead of thinking price "should" go here, we should think price "could" go here so our expectations and risk are not high.
If I'm all stressed trying to make this work in such a short amount of time I won't be thinking clearly and not making correct decisions or grasping important concepts etc.
Removing that stress of "I have to figure this out" now has allowed me to think about more about stuff I am actually doing/not doing etc and accept this is not an overnight thing.

We "could" get this in the next 3months

You COULD get struck by lightning!
If you have seen the stats I have seen and the anecdotal evidence I witness, you will realize that 3 months is ridiculously optimistic.

If you look at the data MFF puts out, you will see 1 out of 1000 people who do an evaluation actually make money. After they get to that level more people fall off.

This is why I am conservative when I give advice. You don't need to spend a lot of money these days to learn how to trade and spending more money doesn't mean you will learn faster.

HA HA, yes, there is probably more chance of getting struck by lightning than there is a beginner like me nailing trading in 3 months time.
Thats why I joke about another 2 years, if I am lucky.
I signed up for a mentorship for about 6 months earlier this year and it really helped me understand things a lot more but I realised that alone was not going to help me be profitable, so I pulled out from that just to think for my self/ research/ practise etc.
Its only myself that can master discipline, patience needed for the execution to trade. Oh, and chart time, reading the posts here on about structure and the example screenshots posted here.
This site is good as there are lots of entry ideas but also lots of talk about risk, MM and execution which is more important I feel.
I know I will be still on this site next Christmas reading and learning and telling Pro he needs to stop eating burgers every day or go for the low calorie option.

[aliassmith]

We "could" get this in the next 3months

You COULD get struck by lightning!
If you have seen the stats I have seen and the anecdotal evidence I witness, you will realize that 3 months is ridiculously optimistic.

If you look at the data MFF puts out, you will see 1 out of 1000 people who do an evaluation actually make money. After they get to that level more people fall off.

This is why I am conservative when I give advice. You don't need to spend a lot of money these days to learn how to trade and spending more money doesn't mean you will learn faster.

HA HA, yes, there is probably more chance of getting struck by lightning than there is a beginner like me nailing trading in 3 months time.
Thats why I joke about another 2 years, if I am lucky.
I signed up for a mentorship for about 6 months earlier this year and it really helped me understand things a lot more but I realised that alone was not going to help me be profitable, so I pulled out from that just to think for my self/ research/ practise etc.
Its only myself that can master discipline, patience needed for the execution to trade. Oh, and chart time, reading the posts here on about structure and the example screenshots posted here.
This site is good as there are lots of entry ideas but also lots of talk about risk, MM and execution which is more important I feel.
I know I will be still on this site next Christmas reading and learning and telling Pro he needs to stop eating burgers every day or go for the low calorie option.

PRO has a high metabolism he might be ok for another 10 years.

[aliassmith]

We "could" get this in the next 3months

You COULD get struck by lightning!
If you have seen the stats I have seen and the anecdotal evidence I witness, you will realize that 3 months is ridiculously optimistic.

If you look at the data MFF puts out, you will see 1 out of 1000 people who do an evaluation actually make money. After they get to that level more people fall off.

This is why I am conservative when I give advice. You don't need to spend a lot of money these days to learn how to trade and spending more money doesn't mean you will learn faster.

HA HA, yes, there is probably more chance of getting struck by lightning than there is a beginner like me nailing trading in 3 months time.
Thats why I joke about another 2 years, if I am lucky.
I signed up for a mentorship for about 6 months earlier this year and it really helped me understand things a lot more but I realised that alone was not going to help me be profitable, so I pulled out from that just to think for my self/ research/ practise etc.
Its only myself that can master discipline, patience needed for the execution to trade. Oh, and chart time, reading the posts here on about structure and the example screenshots posted here.
This site is good as there are lots of entry ideas but also lots of talk about risk, MM and execution which is more important I feel.
I know I will be still on this site next Christmas reading and learning and telling Pro he needs to stop eating burgers every day or go for the low calorie option.

I think there is a place in the market for beginners courses like babypips education. Then beyond that education that exposes you to various types of trading.

That is what i tell people to do. Ive seen people spend thousands of dollars at TopStep trader and not know what a damn spread is.

I may not mentor you but Ill at least try to help you not destroy yourself.

[aliassmith]

Don_xyz special
1 pip SL
10R

[aliassmith]

A type of break and retest.

[Yirbu]

Got an email from theproptrading because I am subscribed to their mailinglist.
Hope you don't have an account over there.
Their website is down so there is no more info.