Making it in small cap.
To make it in small caps, get to the drawing board, get rid of the intraday charts and indicators.
2. Focus on the daily OHLC data.
If you can’t find an edge as if trading the daily data, you’ll never make it trading small caps.
Most novices get lost in the noise of fast intraday action.
Take a step back, understand the edge comes from the daily expectancy, not random technical setups on random tickers.
I’d estimate the misunderstanding over that simple phenomenon gets rid of 85%+ of aspired traders in the first place.
2. Gather OHLC from day 1 and day-1
Gathering OHLC data from the “day of interest” as well as the prior day will give you all the tools you need.
That is literally only 8 datapoints.
Those 8 datapoints let you build expectancies:
1: how big are gaps?
->Gap: Day1 open/Day-1 close
2: If gap is bigger than XYZ, what happens?
->If Gap >XYZ, what is the expectancy?
->Day1 close/Day1 open
3: Where should I enter?
-> Day1 high/Day1 open
All these datapoints help you build an expectancy and they are enough to trade off of in theory.
Intraday trading is about maximizing that expectancy.. finding tight RR entries to be able to get as much size as possible.
When you realize that is the math all successful traders do, either through data or mentally, you start to understand why the rest fails.
I have no talent compared to other traders out there. I gathered all the data manually, then automatically and after years of practice these odds became engrained in my head.
My success is built on the above.
@AyeDeeWatsUp@CapricornTrades@DiamondHands275@JG3trading But realistically you can't open 5 cons, cuz if the balance drops to 4999 $ you will no longer meet "day trading margin" so tradovate will "liquidite your position". Or i i'm i wrong ? How u traded 5 cons with 5k, u should have no drawdawn afrer the entry or what ?
Ai coins are exploding with new holders over the last week and 24 hours
Exactly what you want to see for prices to go higher from here
2025 is the year of the AI super cycle
@heyimpjay Expenses:
Staff (500k)
Licences (400k month, 1M$)
Payouts (lifetime +15M$)
Misc : 2M$
Total Revenues : +31M$
Total Expenses : 18.5M$
Profit Gross : 12M$
Ps: Those are just minimum numbers, 100% they have made more than that
@whoisarrow@_Ash_Trades_ So if you can't trade, which is obvious, and you will give weekly report for people to follow on that paid group, then this my friend is called SCAM. You can't live trade and you probably never have the BALLS to do so.
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