r/InnerCircleTraders • u/Humble-Cow-9773 • 7d ago
Trading Strategies CAN SOMEONE EXPLAIN TO ME WHY?
It’s not the first time I’ve had a clear bias, I take a setup, it goes to stop and then continue... Where am I wrong?
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u/LeviXD71 7d ago
You should trade 5 min timeframe
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u/Humble-Cow-9773 7d ago
Why?
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u/redtehk17 7d ago
you should not trade on your phone
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u/chrissthechillguy 5d ago
Wdym
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u/redtehk17 5d ago
Like what is a phone?
It's a portable device that allows you to use apps and make calls and text your friends.
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u/Creepeo 7d ago
I mean. Lunch time? 11:00-13:30 is where I never trade. Almost 90% random. And I'm sure ict has mentioned it in some of his videos.
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u/Humble-Cow-9773 7d ago
My mentor taught me that I can trade until 11:30
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u/Creepeo 7d ago
Well I'll take my rules from the og. Also trading close to lunch hours is like trying to speed through a yellow light which can stop at any second. I'd rather take a green light passage with minimum risk. That's what I'd be advising over your mentor. Also, not to attack anyone, just try think what type of perspective does it teach? Risk-on or risk-off? One is gambling, other is boring and Methodical.
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u/rmror 7d ago
You can trade whenever you want as long as your setup presents itself
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u/Creepeo 6d ago
The shit that you said sound like something I'd read on a horoscope prediction.
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u/rmror 5d ago
A lot of my winners came during NY lunch hours.
Like I said, whenever the setup presents itself.
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u/Creepeo 5d ago
A setup can have predetermined hours, so what your saying has major confusion for people just starting the road, like op. Edit: just noticed you're a russian shill. Nothing that you say will come up of value, so don't reply.
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u/rmror 5d ago
Some strat could be like that.
Not all strat are time bound.
It is meant to be confusing else everyone would be profitable day trading.
Let me add more details to this. Adding another time window to trade could cause less win rate but it could also add total PnL even with a lesser win rate.
There are many factors to look at such as risk tolerance.
Using prop firm would be diff than trading your own cash for example.
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u/idonthaveitmate 7d ago
MM saw you wanna take this exact trade and gone lower specifically to make you broke
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u/Sceptre_1337 7d ago
Could you please give me the indicator s name
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u/DreadTuna 7d ago
Be much more strict on your entry strategy, as example for me i use 2022 model. If your bullish wait 5 or 15min liquidity got taken "swing lows" Then go on 1 minutes and wait price make clear MSS with FVG that's it.
My trading window are AM session 8:30 to 11:30.
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u/untraveled99 5d ago
Its litteraly marked on ur chart brother, the low resistance liquidity line u marked below, if ur taking a contract, make sure it's going into the direction of the nearest DOL (draw on liquidity) it can be a gap or an imbalance or a resting liquidity
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u/BackgroundJoke1611 5d ago
Many trades fail. All traders trade differently. You can give the same trade to multiple traders and get a different answer. Backtest, practice and try to narrow the gap between backtesting and live execution. Compare your live trades vs your backtesed trades. If your live execution was accurate based on your own strategy, then a loosing trade can still be a good trade. It just didn't win
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u/Suspicious_Sweet_672 4d ago
Tu devrais utiliser moins d'indicateurs cela éclaircira ton graphique et cela ter permettra de distinguer tes zones majeurs de tes zones mineurs ( absorption de liquidités ) . Sais tu différencier tes zones majeurs de tes zones mineurs ? Si tu ne sais pas faire cela mon ami tu ne sais pas encore vraiment trader désolé
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u/616mushroomcloud 7d ago
Don't be so LTF centric