Aliassmith Beats a "Dead Horse"

[prochargedmopar]

If you try to catch the falling knife, where does the SL go

The broker helps you out.
I can go 3,5,7 days or even weeks at a time with NO STOP.
Until I get "stopped". LOL

All I would have to do is accept that IT happens every once in while, then reload.
Pull money out EVERY session or at the end of EVERY day.

Start over.
If it's easy to double the account daily, Then what's a random blow out?
Keep easing the lot/acct size up as you get more and more stashed in other places.

The better I get the less and less it will happen.
And the bigger and bigger the lot size will be.

This is why I keep resetting to the $625 allowable drawdown for the 100k static.
Getting use to having ONLY X amount in the acct. available for drawdown.

[prochargedmopar]

If you try to catch the falling knife, where does the SL go

I just did a few min ago,
then..........

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[prochargedmopar]

Closes leading the way.......

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Screen Shot 2023-07-04 at 8.11.35 PM.png (146.86 KiB) Viewed 556 times

[kiwiarian]

If you try to catch the falling knife, where does the SL go

The broker helps you out.
I can go 3,5,7 days or even weeks at a time with NO STOP.
Until I get "stopped". LOL

All I would have to do is accept that IT happens every once in while, then reload.
Pull money out EVERY session or at the end of EVERY day.

Start over.
If it's easy to double the account daily, Then what's a random blow out?
Keep easing the lot/acct size up as you get more and more stashed in other places.

The better I get the less and less it will happen.
And the bigger and bigger the lot size will be.

This is why I keep resetting to the $625 allowable drawdown for the 100k static.
Getting use to having ONLY X amount in the acct. available for drawdown.

Is this your new way of trading in the last few months as you used to have issues earlier with blown accounts, done differently back then I presume?

[aliassmith]

The 20 SMA is really a high(er) Timeframe Bias
With DAve's Order Flow you can see the M1 and Higher TF Order Flow playing out.

Micro Flips are in Dave's videos if you pay attention.
I also did this in the past. I think it creates more edge.
It is going candle by candle and looking for flips near the zones.

So I guess it always a reversal trade. That why Mo, Tro, I mean Pro says Dave is in profit straight away as it flips into profit.
I have always done continuation trades where it reverses on me as it was just in profit so I get drawdown straight away, no profit. Something for me to digest.

Dave does not use "zones' to trade anymore.
He uses what he calls order flow candle by candle and H SnD's.
They are everywhere. LOL.
Every run is loaded with them.
Taps back in. "Your next level UP in life is in the pullback" DJFX

Screen Shot 2023-07-04 at 7.54.17 PM.png

How about a little lesson on where these H SnD are?

[aliassmith]

My neighbors spend a lot on fireworks. We don't have to leave the neighborhood to get a show. Probably we will get more next year. Maybe I can write it off a business expenses.

[prochargedmopar]

My neighbors spend a lot on fireworks. We don't have to leave the neighborhood to get a show. Probably we will get more next year. Maybe I can write it off a business expenses.

We just got back from watching the big ones with 92 yo Grandmother.
Now most of the boys are coming over to light some off with Ila.
Only spent a couple hundo this year.

[prochargedmopar]

My neighbors spend a lot on fireworks. We don't have to leave the neighborhood to get a show. Probably we will get more next year. Maybe I can write it off a business expenses.

I saw some dudes with kids that had their carts loaded up.
You know a couple grand easy, and they looked like some pretty sketchy folks.
We in the country.

Uncle in law lives next to a "billionaire" that got his money from selling drugs. According to my aunt.
Dudes dad gave him a Mil, he started some pharmaceutical companies and then later sold the franchise.
Now builds medical clinics overseas, Current company is named Caris.

Anyway, he does a crap ton every year over the lake by them, then goes back to his other mansion in Colorado. Damn hot down here. heheeheh

[prochargedmopar]

If you try to catch the falling knife, where does the SL go

The broker helps you out.
I can go 3,5,7 days or even weeks at a time with NO STOP.
Until I get "stopped". LOL

All I would have to do is accept that IT happens every once in while, then reload.
Pull money out EVERY session or at the end of EVERY day.

Start over.
If it's easy to double the account daily, Then what's a random blow out?
Keep easing the lot/acct size up as you get more and more stashed in other places.

The better I get the less and less it will happen.
And the bigger and bigger the lot size will be.

This is why I keep resetting to the $625 allowable drawdown for the 100k static.
Getting use to having ONLY X amount in the acct. available for drawdown.

Is this your new way of trading in the last few months as you used to have issues earlier with blown accounts, done differently back then I presume?

No, I've always traded the same.
I learn more about the way the market moves and how it takes OUR money.
Adapting as I go.

Zlines from DAY ONE basically.
Now I'm more willing to "chase price". heheheeh

[aliassmith]

Break and closes lower
Then pullback
Then continuation