aliassmith wrote:I think maybe posting my "deadhorse" type trades is getting redundant.
I am studing a newish methodology that is based on listening to how these 2 hedge fund guys describe how they look for orders and how "retail" loses a lot of their trades.
They are in the first half of the video if you don't want to watch it all.
https://youtu.be/W2RC2ltPWWc
I actually recall MO talk about it briefly and I think ICT does also. I'm interested because I am a scholar of all things trading and I may use it on higher timeframes in the future. You never know what the research will say.
Like they said, it really depends on how much money you are trading. . .
I'm a fan of 3x the space in the beginning with the same level of risk and then tightening up when risking OPM; because it doesn't matter how many times you get stopped out for a fraction of other people's money.
Profit-taking levels, as well as the breakout, are all common entry points if you're sloshing money around. . .
if they are sized to a multiple of the daily ATR then they have weekly chart sized space, and this whole chart is like working with 6 pips. . .
each line on the hourly chart below being similar to a pip gained or lost.
What I am saying is, risk money to make money and don't worry about what other people are doing. . .
they are doing the same thing.
- they_do_smthng_like_this.jpg (118.39 KiB) Viewed 1068 times
