The opposite of Courage in our society is not cowardice- It is Conformity. People acting like everyone else without knowing WHY, without knowing WHERE they're going.
IPDA Data Ranges are 60 - 40 - 20
That was taught to provide you life-cycle for my PD Arrays.
60 days look back Position setups.
40 days look back Swing setups
20 days look back Short Term setups
Day trades use all of them.
I placed some of the affiliates in uncomfortable positions today.
This is what growing pains feel like.
You can't argue it but you can't agree either.
Rest easy...
@favour26084 A Rejection Block is an Algorithmic Delimiter for Price Delivery.
When price prints it or a tick beyond it, it gives the Algorithm a specific price to end its offering.
The same is seen with Wicks and how I teach grading them. Those are Delimiters on Price Delivery as well.
Bitcoin is literally the trap of traps.
They sold you the idea that Bitcoin is the escape, but it’s the complete opposite.
Bitcoin is just hype with no long-term value whatsoever…you’ll understand eventually.
With Bitcoin they made you fall in love, and then they’ll trap you with something else.
It’s simple: the government is not your friend.
Volume Profile holds no advantage over anything else used in Retail concepts.
How much volume is reported at any given price has zero impact on the measure of buying or selling by Smart Money.
Everything I teach is how to find what they work so hard to hide from everyone else... and many lick up all their red hearings and wild goose chases.
If you can't read candles as they form and forecast where they want to go... you are gambling and pretending what you are doing is technical skill.
I never concern myself with how many orders were executed at any specific price in hindsight. Why?
If I am Bullish, I know Smart Money won't allow it to get cheaper and return there unless it is a fool's pursuit.
This is real order flow... not some Mickey Mouse nonsense paraded about as level 2
I trade ICT
I don’t care if the ‘market makers’ are controlling price, or if it’s just ‘re-packaged support and resistance’
I don’t care about the theory behind it at all
All I know is it’s what I started trading it years ago, and I’ve been able to generate $400k+ in prop firm payouts in less than 2 years because of it
So I don’t really care if the theory behind ICT concepts it’s true - it makes me money and that’s all that matters
Guys will make fun of ICT every week on here but they’re still broke
Fix your priorities my friend
This is all about DELAYED gratification.
Every time I tried to size up too fast, the drawdown came just as fast.
I didn’t travel overseas until I was 30 years old. I couldn’t afford it. I mean, I COULD, but it just wasn’t the wisest decision with my money.
I didn’t buy my first Rolex until I owned two properties. One of them 75% paid off.
I didn’t buy a new car until I could easily pay it off with cash 10x over.
This is for all the traders hitting their first big payouts.
If you’re not thinking 5-10 years in advance, you’ll likely be digging your own financial grave.