TheDailyVest

Co-Founder at DailyVest, DailyVest Capital and Zone220. Entrepreneur, avid golfer and S&P Futures trader.

[TheDailyVest @TheDailyVest]

@DodgysDD Guide

[TheDailyVest @TheDailyVest]

@AdamMancini4 @AdamMancini4 - subscriber here - thanks your constant efforts to teach. What percentage of trades reach the second level profit take?

[TheDailyVest @TheDailyVest]

@AdamMancini4 @jyblazze Thanks @AdamMancini4 & @jyblazze - Thank you! The question ties back to curiosity over ~8-12 stop losses on flushes, sometimes up to 15pts, then taking profits at 4-6 points with a runner. Makes it tough on a risk vs reward when the runner stops out. Only trying to learn TY!

[Casper @casper_smc]

1. Mark previous day's high and low
2. Wait for a sweep
3. Entry via FVG or Change in state of delivery
4. Stop loss above/below high/low
5: 3:1 RR
6. Use Price Weighting for TP
7. Journal every trade
8. Reflect every day
9. Review Every Week
10. Repeat

[TheDailyVest @TheDailyVest]

@MrRobStonkowski very fair. I was 1/4 size for that reason, but I absolutely see your point. Not the ideal timing for the entry given the news. Always a work in progress. Thanks for sharing!

[TheDailyVest @TheDailyVest]

@MrRobStonkowski good stuff! Thank you! Not perfect but we traded the ~84 line this morning on the flush, reclaim, confirm and 10 pt profit. 🔥

[TheDailyVest @TheDailyVest]

@MrRobStonkowski Thank you for sharing!

[TheDailyVest @TheDailyVest]

@MrRobStonkowski Welcome back! Hope the family is all home, healthy and resting well.

[TheDailyVest @TheDailyVest]

@MrRobStonkowski Congrats and we will do our best to hold down the fort without you 😃. Enjoy the time with your family. We started drawing our first levels this week with your help. Much appreciated and we look forward to having you back when ready.

[TheDailyVest @TheDailyVest]

@MrRobStonkowski I notice that you draw your levels on a regular trading hours vs electronic trading hours (8 hours vs all 24). Have you found that the regular trading hours provides a better view to draw from? As always, thank you!

[TheDailyVest @TheDailyVest]

@MrRobStonkowski Keeping an eye on 5195...

[TheDailyVest @TheDailyVest]

@MrRobStonkowski Couldn't agree more. Have to be patient. Using the time to work on charting.

[TheDailyVest @TheDailyVest]

@MrRobStonkowski Makes sense. If the move is dramatic or fits some type of technical pattern, is that enough to move the label from a failed breakdown to a direct bid? As always, much appreciated for your help. I drew my first set of levels tonight based on what I've seen and learned from you.

[TheDailyVest @TheDailyVest]

@MrRobStonkowski perfection. Thank you!

[TheDailyVest @TheDailyVest]

@MrRobStonkowski Will do and thank you. Enjoy your weekend!

[TheDailyVest @TheDailyVest]

@daytraderdad Great week! As always, thank you for sharing. Your transparency and consistency in your posts are a huge help for those watching. Enjoy your weekend! Back at it on Monday.