judokamak wrote: aliassmith wrote:
judokamak wrote:A lot of charts(most?) are 5 min. Markup is not anything unusual, because he didn't show the 1min/volume/entries a lot. I think the volume analysis
was what made his losses so impressively small.
Went through 50 - 100
Not really M5 yet.
I believe you are correct his ability to make his stop small made a big difference.
Yeah, maybe i'm misremembering. I know i focused on those lower tf, because high tf markups made perfect sense to me.
Most impressive charts he posted were definitely 1min/5min. His small stops were the biggest difference maker, because back then with much higher volatility, they were even more impressive than they are now.
His modus operandi was:
Draw a line (z,s&d/s&r) and trade it on lower tf via PA-volume combo analysis.
The second part was his secret sauce he didn't want to reveal until the last day he was here.
There is NO secret sauce.
You're lying to yourself to keep from succeeding.
He used a 20 pip sl and got out for as small a loss possible when he realized he was WRONG.
He scalped m1 regularly banking 20-50 pips a session.
HIS BIGGEST THING TO BE A WINNER WAS KEEPING LOSSES SMALL AND TAKING PROFIT WHEN HE SAW IT.
Oh, and using lot sizes much bigger than mine which he used to wipe his ass when taking a $hit.
Remember, there was nothing to show or he would have done it for those he "liked" In a private group or chat.
Some people got what it takes, others don't.
MO spent a decade trying to relay what he sees in price action.
ICT been doing it since 2010.
There is MORE to trading than PA, or setups, or being able to read price or blah blah........
YOU DON'T NEED VOLUME and it's NOT the secret sauce.