Craig Percoco
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How I Would Start Trading From Zero
Craig Percoco· 2025-08-19 02:01
Trading Strategy & Education - The trading industry emphasizes building capital through employment while learning trading fundamentals [1] - The industry suggests practicing with paper money to avoid risking real capital before a proven system is in place [2] - Investing in trading education, including books like "Fibonacci Applications and Strategies for Traders" and "Trading in the Zone," is crucial for advancement [2] - The industry recommends mastering one trading strategy at a time rather than attempting to learn everything simultaneously [3] - Utilizing tools like TradingView's bar replay feature can accelerate the practice of finding and executing strategies [3] Risk Management & Capital Allocation - Statistically proving a consistent and profitable trading model is essential before deploying saved capital [4] - The industry advises applying capital in small amounts initially to test the system before scaling up [4] - Avoiding unnecessary losses by not risking significant capital without a proven strategy is a key focus [4]
LIVE TRADING CRYPTO - How I Profit $7,806 Risking $1k (10x Strategy)
Craig Percoco· 2025-08-17 14:10
Trading Strategy & Analysis - The trader utilizes a combination of trend following, momentum trading, and reversal strategies, identifying trends, weakness, and breakouts [5][6] - Elliott Wave theory is employed on Bitcoin charts to analyze market movements, identifying five-wave patterns and ABC corrections [7] - Fair Value Gaps (FVG) are used as indicators for potential reversals, targeting the midpoint of these gaps [6] Risk Management - The trader emphasizes risk management by setting stop losses and adjusting them as the trade progresses, often moving to break even to secure profits [14][16] - Risk is actively reduced during trades to protect against potential losses, especially in volatile market conditions [24][33] - The trader aims for specific risk-reward ratios, such as 1 to 10, by strategically placing stop losses and targeting potential price movements [13] Trading Results & Performance - The trader documents a live trading session, showcasing real-time profits and losses, with a focus on transparency [1] - The trading day resulted in a total profit of $7,800 across multiple trades, demonstrating a successful trading session [51][61] - The trader discusses individual trade outcomes, including profitable trades, break-even trades, and missed opportunities, providing insights into the realities of day trading [55][57][61] Market Commentary & Outlook - Bitcoin's potential bearish momentum is discussed, with a possible move down to $114 being considered [17] - The trader identifies key resistance and support levels on Bitcoin and Solana charts, using these levels to inform trading decisions [8][9] - The trader acknowledges the unusual price action on Sundays, describing it as "wacky" and highlighting the challenges of trading in such conditions [3][46]
Locking in $4,436 In An Hour #trading
Craig Percoco· 2025-08-17 13:50
All right, and we are in long here. Looking for a nice flip off of this level. See if this is going to be support.We're going to continue up for the session. All right, so we're starting to get a nice push up here. So, I'm going to go ahead and reduce my risk.Risk is now set to break even. See how this trade sort of plays out. Big push.So now I basically have to have the discipline to watch it react off of this, come back down to here, and then probably make a move up for the rest of the day. I trust my ana ...
Trader Making $3,557 In Minutes #trading
Craig Percoco· 2025-08-15 02:18
Trader Making $3,557 In Minutes #trading ...
When The Trade Closes Out In Profit.... #trading
Craig Percoco· 2025-08-14 02:18
Based on the provided content, it's challenging to derive industry-specific insights due to the repetitive and non-contextual nature of the text. However, we can still extract some potential interpretations, keeping in mind the limitations: Business Activity/Effort - The company emphasizes a constant state of activity and effort, described as "hustling" [1] - The repetition suggests a focus on continuous work and dedication [1] Potential Implications (with strong caveats) - (Assuming a business context) The relentless "hustling" could indicate a startup culture or a period of intense activity, such as a product launch or turnaround effort [1] - (Assuming a motivational context) The repetition could be a mantra for perseverance and hard work [1]
getting stuck in a 5 hour trade.. #trading
Craig Percoco· 2025-08-13 02:33
All right, I'm taking a bit of a DGEN trade here. All right, nice little push now. All right, getting a nice push down now.Previous day high for the win. For the win, I'm just going to reduce my risk on this. I don't care if it pops up anymore.I have another target, honestly, if it wants to make another move. Stop loss. Ripping that break even.May, this is how you do it. Risk reduction. Open yourself up to opportunities.All right. So, what I'm doing now is basically hoping that this will break this low and ...
My Trading Strategy Is Simple… But Made Me $17k In 2 Days
Craig Percoco· 2025-08-10 13:42
Trading Strategy Overview - The core strategy revolves around identifying high probability trading conditions, systematizing the approach with rules, and refining entries using confluences [8][10][12] - The strategy aims for a win rate of approximately 40%, emphasizing maximizing profits when correct and minimizing losses when incorrect [7] - Key elements include identifying fair value gaps, change of character, and trend breaks with overside/underside retests [15][17][20] Model Implementation - The model uses indicators for change of character, break of structure levels, and fair value gaps [25][26] - Entry points are determined by identifying trends, waiting for breakouts, and targeting the midpoint of fair value gaps [30][31] - Risk management involves reducing risk when the trade moves favorably, potentially creating risk-free trades [37] Confluence Filters - Elliott Wave trend analysis and Fibonacci zones are used as additional layers of confirmation to improve trade selection [56][57] - Fibonacci retracements, particularly the 61.8% golden ratio, help identify potential continuation points in trends [61] - Trend-based Fibonacci extensions are used to anticipate the end of waves and time reversals [62] Real-Time Application - The report provides examples of real-time trades, demonstrating the execution of the model and risk management techniques [36][45][48] - Multi-time frame analysis is used to time exit points [46] - The strategy emphasizes getting in early on trends and allowing them to play out [43]
The Trading Goat Coming Back To Youtube? #Umarashraf #trading
Craig Percoco· 2025-08-09 00:51
Content Creation & Comeback Strategy - YouTube content creator is planning a comeback, inspired by audience demand [1] - The return is anticipated to generate significant interest and engagement [1] - Initial content strategy involves a simple, direct approach [1] Audience Perception - The content creator is considered to be in a "goated" (Greatest Of All Time) status [1] - Audience expressed desire for the creator's return during a period of inactivity [1]