overskills capital

funded trader|CRT (NFA) . blessed by the all mighty

[overskills capital @OVScapital]

THREAD🧵

MY PERSONAL WAY OF TRADING CRT, AND HOW IT SKYROCKETTED MY WINRATE ! 📈

credit: @Romeotpt @SpeculatorFL

[overskills capital @OVScapital]

@Tahirabdikani1 Answer me bro, and please be honest. have you’ve backtested the efficiency of 4h candle ranges on the last 4 years ?

[overskills capital @OVScapital]

Yes but that’s a blueprint you should ONLY follow if your plan/model is DATA DRIVEN .

Even if you respect what he said religiously you’re set for failure if you don’t have enough data about your model that allow you to trust it blindly for 5 years even when losses occur.

[J trader @jtrader]

You want a trading shortcut?

Okay, here it is:

Show up every day.

Control your risk.

Stick to your plan.

Repeat for 5 years.

[overskills capital @OVScapital]

@StoicTA STOIC

[overskills capital @OVScapital]

One thing I’m noticing while backtesting indexes, compared to forex, is that more than often you can be in hugeeee drawdowns on your positions but still hit TP straight after.

Most on the time on forex if you’re about to hit SL, it will not reverse.

[overskills capital @OVScapital]

@obajuwojp I mean I didn’t expect it to be that big of a move 😂 but I’m glad I was not left behind

Thanks bro 🤝🏻

[overskills capital @OVScapital]

If orderflow is switchig from bearish to bullish on the ltf inside your htf FVG don’t Walk out RUN

[overskills capital @OVScapital]

@obajuwojp

[overskills capital @OVScapital]

@obajuwojp Guess🙃

[overskills capital @OVScapital]

@obajuwojp A theory that all big players position themselves during the first m15-m30 after market open. If we close above the first candle of the open it means bullishness, if below then bearishness.

[overskills capital @OVScapital]

Yall know about the open price range ?

[overskills capital @OVScapital]

Ok EU we all saw you going very very high congeatulations you can act normal again now

[overskills capital @OVScapital]

If your CRT high/low is not a swing low/high, wait for the new candle to form one, and then wait for it to be purged

[overskills capital @OVScapital]

@alpicap_com @tradertheory Nonsense. Good luck with your 20% winrate, risk management will not save you 😂

[overskills capital @OVScapital]

97% of traders fail.

You either keep pushing,

Or you become a stat

Your choice.

[overskills capital @OVScapital]

Touchdown 🎯🎯

[overskills capital @OVScapital]

Looking good ! Still bullish until proved wrong

[overskills capital @OVScapital]

You need to backtest to realize that your model ain’t shit without context, structure, orderflow ,time etc

So yes you need to put in the hours and yes you will be rewarded for your time sooner than you can realize

[overskills capital @OVScapital]

Lots of trader influencers are pushing the idea that

“as a trader you’re not rewarded for the time you put in ”

“ just stick to your system”

“psychology is 90% of the work”

Sorry but those are completely false ideas, cause of the main fact that most trading system SUCKS

[overskills capital @OVScapital]

If you actually backtest most models on years of data (what I’ve been doing for months now)

they pretty much are all absolute shit(less than 30-35% WR)

So just “sticking to your model” without back testing it on a ton of data, even if you make money,is just you being lucky.

[overskills capital @OVScapital]

@obajuwojp Ohhhh trust me past few weeks have been roughhh 😂😂 but glad that i catch this move

[overskills capital @OVScapital]

Finally EURUSD acts normally