Explorer of new technologies | cloud geek |cybersecurity | data lover | keto | options | trading -- Views expressed here belong only to me, myself, and I
I've traded ICT for 5 years.
Watched all 41 episodes of the 2022 Mentorship while blowing 200+ challenges.
I condensed everything into one document.
✅ 2022 Model
✅ FVGs & Order Blocks
✅ AMD & Power of 3
✅ SMT Divergence
✅ Daily Bias framework
✅ Kill zones & more
All 41 episodes. One document. Free.
To get it:
1. Like
2. Repost
3. Comment "BLUEPRINT"
MUST be Following (so I can DM)
I'll DM it today.
@AuclairsDad sorry Benj. I just saw this, This is incredibly hard, you have a beautiful life ahead . Be well for shane and aucliar who helped you get you this far. Prayers !!
If I have one regret in my 57 yrs, I would have been more present to my kids when they were younger. I was so focused on building wealth & stressed about building my career I didn’t always savor & fully enjoy that time. Sure, I was at every dance recital or practice, I coaches sports teams & went to every single game, but my mind was oft times on the market, my positions or what I had to do to keep us afloat.
Young parents, I know every day can feel like a month but those days turn into years before you know it.
True wealth has nothing to do with money or material possessions. True wealth is faith, hope and love. Be present to those God has given you.
Please hear this!!!
If you die without a plan...
- The government takes 40% in tax
- Probate court costs $100k+
- Your kids get the scraps
If you love your family, here's every document you need to protect them:
(from a CPA & father of two)
Working with a newer trader to explain how I approach the markets
Here is a copy of a dm I sent, I hope it can help
Yes slow the brain down, the market will tell you what to do.
The hard part is getting to that level of zen if you will.
It took me years to slow down and listen to what is going on.
I try to keep it as simple as possible
You want a system that is simple repeatable and scalable. Then you want a system for managing order entry and exit
Stop loss and profit target must be identified before you enter a trade. Risk management is the most important things you control outside of your emotions.
I use very simple tools to measure the market
Every morning I look at the opening range of the first 30 seconds at 8:30:00 to 8:30:30 I use that as the baseline for positioning. I look to be long above or short below that price range
Every algo has that price level in its baseline formula
Also the same for the prior days closing range
If we are above yesterday’s closing range and we trend above the current opening range I look for a trend day which is around 20% of trading days
If we are in between those levels we are likely in a range bound consolidation and which is the majority of trading days
You want to learn how to identify which environment you are in and adjust your trade plan accordingly
I look to add aggressively on trend days
I scalp level to level on consolidation/ range days
I like to take a quick profit and adjust my stops to in the money and left the market run. Then I look at momentum and where were are in terms of std deviations within different time frames to gauge market strength.
If we are trading up towards a 2 std deviation and momentum is above trend I look for adjust my expectations for an exit price. Same for being short just in reverse. That is a trend day example
On a consolidation day I will look for opportunities for mean reversion. By that I look for entry and exit levels with the expectation we will revisit the opening range.
Two separate concepts to learn. Once you begin to see that in the market it takes a lot of the thinking out of your day.
You don’t need to be correct on your macro view you can just trade price action without emotion f’ng with you.
On a trend day when the market trend is strong and it aligns with my macro view is the scenario where I add aggressively to winning positions