@Ori80633301I@tradesbysci Yeah man. At some point the trend has to change, that's when you take a loss. There is no specific reason. Otherwise the market would just move in one direction.
@justscutii@tradesbysci To have the biggest probability, you want to wait until all the timeframes are aligned in one direction. Right now, they're not (4H Bearish 1H Bullish). What u wanna do right now is wait for 1H to turn bearish and do and ICC, and place the trade short below 4050 (4H Indication)
@justscutii@tradesbysci You are counter trending, which is riskier. If you look at the 4H you will see that the structure is bearish, this push up it's just a pullback (until proven otherwise).
@justscutii@tradesbysci And if you decide to take this trade in the 1H ICC, your entry and stop level is messed up. Entry should be at 4025, SL at 3978. Your entry is very late and your SL makes no structural sense. Hope all of this helped you.
@justscutii@tradesbysci Your trade is not "wrong", but the thing with trading a pullback is, you never really know what to target, because how deep (or not) the pullback it's gonna be it's really unpredictable.
@bigezyLA@Kelvintalent_@toni__iyke Yes I understand you're risking the whole notional. But still very impressive to x50 that you're clearly SKILLED and a fckn G
@TheH0n3stTrader It’s another business. You could make 500k more selling mentorships etc.
You are here to sell something too. Are you saying you are not profitable enough to “don’t need” to sell infoproducts? 🤣