TLDR Learn about executing profitable trades, observing price action, and managing risk in trading.

Key insights

  • 💰 Made $115,000 across two different accounts
  • ⌚ Waited for payout, avoided morning selloffs
  • 😌 Stayed calm during trades as price action was favorable
  • 🗣️ Discussed approach to trading and observing price action
  • 🐻 Bear biased due to bullish DXY and NID's down day
  • 📉 Shorted NQ due to perceived quick movement and weakness in the index
  • 🎯 Managed risk with a 20 point stop, Covered at the targeted liquidity level
  • 🚀 Confidence in executing a trade based on previous experience
  • 📊 Detailed analysis of market movements and key levels
  • 😬 Feeling spooked but making a profitable decision
  • 🙌 Reaching the best trade ever with gratitude and excitement

Q&A

  • What success did the trader share, and what was their best trade ever?

    The trader shared success in managing risk, making profits, and achieving their best trade ever, reaching a $160k account balance with a profit factor of 10,000 and no losing trade. They expressed gratitude and excitement for their performance.

  • How did the speaker handle their trading experience?

    The speaker reviews a trading experience, feels spooked but makes a profitable decision, and plans to review everything later. The narration involves observing a trade, marking key points, and entering/exiting positions based on the market movement.

  • What kind of market analysis did the speaker provide?

    The speaker provided a detailed analysis of market movements, comparing Friday to the current day, pointing out key levels, patterns, and their influence on trading decisions.

  • How did the speaker execute their trade with confidence?

    The speaker executed a trade confidently by leveraging various indicators, market dynamics, and previous experience to make decisions and achieve a successful outcome.

  • Why was the speaker bear biased, and what trade did they execute?

    The speaker was bear biased due to bullish DXY, NID's down day, ES retracement, and NQ's weakness. They shorted NQ early due to perceived quick movement and managed risk, covering at the targeted liquidity level.

  • What was the speaker's trading strategy to make $115,000?

    The speaker made $115,000 across two different accounts by waiting for a payout, avoiding morning selloffs, and staying calm during trades as they saw price action going in their favor.

  • 00:03 The speaker had a profitable day, making $115,000 across two different accounts by following a strategy of waiting for a payout. They avoided participating in morning selloffs and stayed calm during trades as they saw price action going their way. They talk about their approach to trading and the significance of observing price action.
  • 02:07 The speaker was bear biased due to bullish DXY, NID's down day, and ES retracement but NQ's weakness. Shorted NQ early due to perceived quick movement and managed risk, covering at the targeted liquidity level.
  • 04:25 The speaker confidently executed a similar trade as on Friday, leveraging various indicators and market dynamics to make decisions and achieve a successful outcome.
  • 06:36 A detailed analysis of market movements comparing Friday to the current day, pointing out key levels, patterns, and how they influence trading decisions.
  • 09:06 The speaker reviews a trading experience, feels spooked but makes a profitable decision, and plans to review everything later. The narration involves observing a trade, marking key points, and entering/exiting positions based on the market movement.
  • 11:33 A trader shares their success in managing risk, making profits, and achieving their best trade ever. They express gratitude and excitement for their performance.

Profitable Trading Strategies: Observing Price Action and Risk Management

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