LW Trading Group

I am learning how to trade. Doing it my own way !

[LW Trading Group @LW_Trading]

It was a GREAT GREEN February for my first month as a funded @Topstep trader !
Thank you !

🟢🟢🟢🟢🟢🟢🟢🟢🟢🟢🟢

[LW Trading Group @LW_Trading]

Yo @ApexTradeFund what's happening ? (I have to activate that new PA 😋)

[LW Trading Group @LW_Trading]

Tell me if you wanna try other systems !

[LW Trading Group @LW_Trading]

Quel est l'impact de la règle du "Trailing Drawdown" d'une Prop Firm sur la performance de votre système ?
J'ai joué une simulation de Monte-Carlo pour le quantifier !

[Overlord @OverlordEins]

🧵 Order blocks through the lens of a footprint chart.

The Order block tells you where. The footprint tells you who's inside. And who's about to get squeezed out.

[LW Trading Group @LW_Trading]

@TraderSumo1 @DodgysDD I saw how that gap was disrespected on ES monday (Divergence) so I thought it would be the same on NQ

[The Inner Circle Trader @I_Am_The_ICT]

Any payout denied should see a refund on paid fees. Otherwise, it is fraud.

I don't care what anyone says.

[LW Trading Group @LW_Trading]

@j_intradaytrade Trade

[LW Trading Group @LW_Trading]

@_rhtrader Check DXY boss
(OB Mean Threshold)

[EliZ @eliz883]

I want you to understand something really important.

I've been trading since I was 16 and studying the markets since I was 13. Today I'm 37. And if I've learned anything in all this time, it's that it's not how much you win that makes the difference... it's how much you manage not to lose.

Because winning is easy. Sooner or later, everyone gets a good trade. Even by chance. Even without really knowing what they're doing.
The problem is that there always comes a time when the market catches you off guard. And that's when you see who's a trader... and who's not.

It's not the person who makes +300% once who makes the difference.
The difference is made by those who manage to stay on their feet after mistakes, after bad phases, after periods when nothing seems to work.

Because when you lose badly, you don't just lose money.
You lose your peace of mind. You lose your clarity. You lose your self-confidence. And often you also lose the desire to continue.

And then you realise that the real job is not 'making money'.
The real job is protecting what you have, so that you can still be there tomorrow, in a month, in a year.

Profit comes if you stay in the game.
If you leave the game, it's over. Even if you were winning before.

That's why I always think this way: I never start from how much I can earn, I always start from how much I can afford to lose without hurting myself. Because the market always tests you. And it doesn't ask you if you're good when everything is going well... it asks you when things are going badly.

And there, if you're still standing, you have

[LW Trading Group @LW_Trading]

This entry was so NASTY ! 💥

[Sir Pickle @SirPickle_]

If you dont expect the market to make you right,

you have NO reason to be afraid of being wrong.

This is the root of trading psychology.

Don’t forget it.

[david @joker_szn]

HTF bias is not enough to frame a trade

if order flow and narrative don’t confirm your bias on the lower timeframes, your bias is still just a bias, not a high probability trade framework

[True market Leader @TmarketL]

Veteran trader expalains how to let your profits run.

[LW Trading Group @LW_Trading]

I hope everyone have this simple spreadsheet in mind ! $NQ #RiskManagement

[LW Trading Group @LW_Trading]

Now I look at my R expectancy / day
You need 4R to pass in 10 days !

[LW Trading Group @LW_Trading]

RISK MANAGEMENT
How to never blow a prop firm challenge again ?

1) Having a statistical edge
2) Knowin your strategy's winrate
3) Determining your risk's aversion (let's assume a 0,01% probability to blow)
4) Adjust your risk/sizing accordingly

[LW Trading Group @LW_Trading]

In my example, I chose a 30% winrate strategy !
As this system can lead to a disaster 26 consecutive losses, I adjust my risk per trade : it should be $76 per trade.

[LW Trading Group @LW_Trading]

They even induce my zone after I mark it. $NQ
🚀

[LW Trading Group @LW_Trading]

Any thoughts on today NQ Price Action ? 🙄
(NFP tomorrow)