Prop firms are a tool. You need to be utilizing them correctly, or else you will end up like the statistic.
Here’s my exact approach: ⬇️
How to Scale to $10k+ per Month Trading Prop Firms
https://t.co/nmbNfADQYc
FOMO, OVERTRADING & OVER-LEVERAGING
These problems happen when traders don’t understand one thing:
CAPITAL.
The only way to make serious money in these markets is with MORE CAPITAL.
That’s why prop firms are powerful.
Example:
Tom has $750,000 in funding.
He only makes 2% in a month.
That equals:
$15,000 profit.
He didn’t need:
• Huge win rates
• Gambling
• Overtrading
He simply executed properly with capital behind him.
Invalidation in continuation is determined by whether price continues to respect expansion behavior or begins showing signs of reversal. The process starts from the higher timeframe candle close by marking EQ (0.5) of the previous candle’s range. If the previous candle is an expansion candle, the next candle should form its low in the upper half of that range. This helps maintain small wicks, which is a characteristic of true expansion.
After identifying the higher timeframe range, refine the area on lower timeframes. Focus on key levels around the opening price such as Fair Value Gaps, Order Blocks, relevant swing lows, or failure swings that can create protected swings. When price trades into these levels, continuation is confirmed only if price reacts aggressively and expands away.
A valid reversal or continuation reaction cannot happen without a swing point. Once the swing point forms, displacement away from the level is required. If price fails to expand and instead consolidates around the level, continuation becomes weak.
The invalidation process is mechanical:
First, expect a swing point reaction from the key level.
If price fails to expand, mark the low of that swing point.
Then require manipulation of that low before continuation can resume.
After manipulation, price must again create a swing point and displace away.
If price keeps creating lower lows within the same key level without strong displacement, the continuation idea is invalidated. Strong continuation protects swings and expands quickly, while weak continuation stays in consolidation and repeatedly violates lows.
@L2WTrades While reading this im just saying Wow! You did a unique job explaining 2 stage CiC and true reversals like nobody did before!
Thank you for this !
Final installment of the slides for the model.
Here you have everything side by side and how to enter
This should give you a good visual representation of the model.
If you have been struggling, then hopefully the slides have cleared some aspects up and have helped you
23 November
اليوم أتممت عاما جديدا في حياتي فأهلا بيوم يضم عيد ميلادي
اللهم غيرني حتى تحبني
اللهم إني أستودعتك عامًا مضى من عمري.
فاغفر لي ما كان فيه وبارك لي في عامي الجديد، واجعل القادم من حياتي أجمل،
اللهم تحقيق الاماني والأحلام ..
كل عام وانا ومن احب بخير .. 💙