All right, so I'm getting short here. High impact, fair value gap, trend break on this overall move. I'm going to see if I can get a nice dump off here.All right, so we're getting a response off of that level, which is what we want to see. I want to see prices drop and respond fully off this level. And then I'm going to play it off of this change of character here.Really nice push into profit here. We're up 16. As soon as we break this low, I'm reducing risk.Up 2200. I'm going to take one risk factor off. S ...

I like the city, man. For what we're doing, we're going full speed at life. If you're going full speed at life, you want to be in the city in the mix.It's going to It's motivating you. It's getting you fired up. When I was doing in the woods and like a little bit more lowkey, like, yeah, it's tranquil and nice, but it doesn't get you as geared up to >> No, that's absolutely true, bro.You know what I'm saying. Rounding is everything. ...

ICT became easy once I figured out this one thing and also when I realized that I don't need to use 95% of it. Okay. And in the past one week of trading risking $1,000 per trade, I've been able to make over $21,000 in profit using this exact thought process.All I'm looking for is a consistent downtrend that's been contacted for multiple times in a session. Okay. Once I get an actionable fair value gap as well as a change of character as well as an influx in volume, I can then set my position up expecting wi ...

All right, I'm in long here risking a,000. Let's see if we can get a flip up now. Come on, let's get some momentum now.Give me a little bit of a push. Can I see my cross. [Music] Can I see where my out for contained loss. ...

We just broke underneath this critical low level. We're up about $1,600. So, [Music] normally I'd be taking some size off here and reducing risk, but this could be a big trade if we do get a little bit of momentum.So, I want to let it breathe a bit. I'm sort of waiting for price to come down and be able to touch this area, at least get us a 1 to4. [Music] All right, so we're getting a nice move down, but this area is going to be a big area for support.So, I'm going to go ahead and lock in 1300 here and leav ...

We just broke underneath this critical low level. We're up about $1,600. So, [Music] normally I'd be taking some size off here and reducing risk, but this could be a big trade if we do get a little bit of momentum.So, I want to let it breathe a bit. I'm sort of waiting for price to come down and be able to touch this area, at least get us a 1 to4. [Music] All right, so we're getting a nice move down, but this area is going to be a big area for support.So, I'm going to go ahead and lock in 1300 here and leav ...

Trading Foundations - Trading involves creating rules and strategies to filter market data and generate profit over time [6] - Success in trading is not about being right, but about managing risk and reward, with win rates as low as 36% being profitable [7] - Traders analyze market data to identify areas where price is likely to change direction, aiming to make 5x the risked amount [7][8] - Key tools for day trading include Trading View for charting and analysis, brokers like Blowfin or Bybit for crypto, Topstep for stocks/futures, and a trade journal for data input [13][14] Technical Analysis - Identifying trends using trend lines helps determine potential areas for price reversals [27][28] - Fibonacci retracements (236%, 382%, 50%, 618%, and 786%) are used to find key levels for potential price reactions [31][32] - Fair Value Gaps, identified by gaps between candle wicks, indicate high-impact zones for potential entries [37][38] - Trend-based Fibonacci extensions, combined with five-wave patterns, can help predict the tops of trends [41][43] Trading Psychology and Risk Management - Trading success relies heavily on mindset, understanding that being wrong on a trade doesn't make it bad [45][47] - Risk management involves setting stop-losses and calculating position sizes to maintain a fixed risk factor, such as risking $100 per trade [51][52] - Even with a low winning percentage (e g 30%), profitability is possible by allowing profits to run and maintaining a good risk-reward ratio (e g 36%R average win) [59][60] Strategy Building and Testing - Building a trading plan involves observing patterns, creating a rule book with entry criteria, and testing in a simulated environment [67][68] - Backtesting using bar replay mode on Trading View and a trade journal helps quantify the strategy's winning percentage and average win/loss [70][71] - Paper trading on an exchange with demo funds allows for real-time execution in a simulated environment before risking actual capital [78][79]

A lot of people think that you need to have nerves of steel to start trading and that you need to be courageous to put on bets. Whereas realistically, trading is a game of mastering yourself. Everyone has the same information. Everyone is basically trading almost the same exact thing.The only difference is you. You're the one executing the trades, you're the one making emotional mistakes, you're the one who's taking all these actions on a market that has infinite possibilities. So, the sooner that you under ...

about to get another #trading ...

One of the big rules of day trading is you always want to be eliminating risk as well. So what I'm doing now is basically dropping my stop loss down so that if price comes up and retests this area here, I'm going to get out for basically a break even trade. Okay.And the reason for that is as soon as the trend does this comes up, now you have this low basically to break and have a candle close below in order to confirm that you have a lower low, a lower high, lower low, lower high, and then a continuation mo ...