@TraderScarpa I've been a member of your Discord for a long time. I've noticed you mainly focus on Market Profile. Do you know of any sources for reading volume like in your image above (combining VP and time candle volume)?
@BladeXBT Hi sir. I'm learning how to read volume (VP and time candle volume). Could you share some resources (YouTube,X, tele etc.) so I can learn more about this?
Happy to learn from you. Thanks.
For the bros that struggle with sizing correctly, and getting emotional when entering a trade:
- Vibe code a sizing dashboard where you set up specific % risk per trade. For an example 0.3% risk on total port when you get stopped out of your scalp, then you also make it so your portfolio value is accurately displayed at all times. That will make it so you just have to put in stop-loss distance in % to get the correct $ sizing for that specific trade. No need to calculate for each trade.
If you struggle with this, then I would set up fixed % risk per trade for scalp, swing (mid + high conviction), HTF (mid + high conviction).
Very easy thing to do so you don't have to calculate the $ position sizing for each trade. Saves you a lot of time during highly volatile periods.
* Relative Strength Thread *
Let me explain the spaghetti and how I use it to trade $ALTS.
This chart shows the return of certain alts during the selected period (i.e. from the far left).
For the time period selected, Fartcoin would have given you the best return.
Nope bottom wont recover v-Shape.
Bottom will be accumulated. Still shorts closing, no spot demand.
& there is 0 upside to call bottom every move down and bounce.
If you use https://t.co/uBwy77Fip8, let me give you some advice that'll maintain your sanity whilst providing only the relevant information. Turn trade pings off. Turn liquidation pings on. Set it to the lowest possible threshold so you hear all liquidations. Moderate pings? Price is retesting an existing high or low. And if subsequently you hear a loud ping during low volatility hours, the MM's have hunted a stop. And if you here the pings scream -- that's a cascade, obviously. This allows you to simply use aggr for the pings and not have to view the charts so your set of eyes can focus on other tasks.