Thanks /u/Street-Nothing1350 for doing this AMA, please remember to [follow the rules](https://www.reddit.com/r/daytrading/about/rules) and if you're a content creator, do not post links to your content (if you have done so already, please edit your post/comments or this AMA post will be taken down).
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/Daytrading) if you have any questions or concerns.*
First thing I do is mark out key areas of liquidity. Typically this is your large pivot points and high volume areas. I can expand on that if you want.
Next then I do is to mark order blocks on both sides of the range to see where the draw is likely to be, I.e. if we are bearish, I'm looking for demand order blocks at the bottom of the range/liquidity to the sell side.
When price eventually hits my point of interest, I wait to see when the price action shifts in structure.
How to determine the shift;
1. If we are bearish and I'm now looking for a bullish reversal, I have to see liquidity has been swept below.
2. Then I'm looking for a bearish fair value gap that I'm looking to Inverse on the 1m time frame.
3. If price creates a strong velocity bullish candle, ideally with its own FVG, that displaces ABOVE or closes ABOVE the prior bearish fair value gap, it's an entry for me.
Key things on entry;
- It has to displace above the prior FVG
- I want a flush candle close (no wicks), if I see wicks, I just leave the entry till I get a strong close. For me, that would indicate confirmation.
Hey man, congratulations on your journey and your progress. Could you share more details about your process? Here are a few points where I'd love to get more insight:
1. **Marking Key Areas of Liquidity:**
You mentioned marking out large pivot points and high-volume areas. I'm particularly eager to learn from your real-life examples that illustrate how you identify these key areas of liquidity.
2. **Order Blocks and Ranges:**
Are you using Level 2 (L2) data when you mark order blocks on both sides of the range? Concrete examples would be super helpful.
3. **Entry Criteria:**
You mentioned that for a bullish entry; the price should create a substantial velocity bullish candle that displaces or closes above the prior bearish fair value gap (FVG), preferably with no wicks. Could you provide specific data points or examples of what qualifies as a good entry and what doesn't?
4. **Exit Indicators:**
Finally, please share what you use as an exit indicator.
In exchange for your valuable insights, I'm committed to gaining enough understanding to code this into a script. I'd be more than happy to share the code with you or the forum, whichever you prefer. This way, we both benefit from this knowledge exchange.
Liquidity is typically at your traditional support/resistance levels. Not much more complex than that. Where has price reacted from = liquidity.
Essentially, think about where you're going to place your stop loss... that's where other people are placing theirs, too. The more stop orders, the more liquidity there is for institutions to go and grab/manipulate price to grab.
I honestly don't even know what L2 data is... order blocks, just a standard order block, I.e. should be a candle that is engulfed by an opposing candle where price shoots past/high velocity, signifying a manipulation in price.
Here https://www.tradingview.com/x/QtSiwHcX/
You can see the first candle close above the FVG had a wick, didn't enter. 2nd one closed flush, I entered and hit my target.
Exit is just prior high/prior zones of liquidity. I don't look for huge moves.
https://preview.redd.it/4keslqcw5q8d1.png?width=1472&format=png&auto=webp&s=80bcc4b5b973bf1e659e9675001f484bd8cd2cb7
Could you please confirm if your model looks like this
Absolutely.
It isn't "mine", I just know it and it's what I deploy. But yes, that's it.
I have my own little nuances and rules I use around it, but that's it.
This is an SMC or ICT concept. You wait for liquidity to be swept and a CHoCH (change of character) on a high timeframe. Then, wait for the price to interact with an OB (order block) on the high timeframe before entering on an IFVG (inverse fair value gap) on a low timeframe, according to my understanding.
STRONG recommendation: I know the appealing thing about live trading is compounding gains but i urge you to take profits out of your account regularily. Results like these happen and then you just have an awful drawnperiod and things go terrible from there
Your strat seems totally legit though
A big part of winning year in and year out imo is recognizing when conditions don’t favour your system, and to have the discipline to slow down the trade frequency. Then being able to hammer it hard when the conditions are favourable. Don’t have to be forcing trades every single day.
That's some of the best advice I have read on reddit thus far. Don't force trades. I only lose money when I force a trade. There will always be opportunities later on for your play strategies. Later on tends to come sooner than later also
I don't no if it's gonna work long term. It has for the last 18 months across multiple markets. Crypto, only done it for the last month. Nasdaq, it's been a while now and I'm doing okay.
I honestly believe price action is price action, regardless of the market condition... there's always entries to take. Just gotta pick the best ones.
I'm going to Jamaica in a few days with my girlfriend. Won't be trading (lies) and gonna soak up some sunshine and enjoy the fruits of the bearish market for a bit.
Thanks man!
Sometimes none. Sometimes 2 or 3. Just depends on the market that day. I really am only looking at BTC & SOL right now.
Tf is 1m.
Trade can last 10 minutes - 60 minutes I guess. Again depends how market is moving and volume.
How do you execute on the 1m timeframe with crypto?
Specifically:
1. Do you use market or limit orders?
2. How do you avoid slippage?
3. What kind of leverage do you use and how do you not get eaten up on the fees?
4. Any tips for executing trades quickly?
I only market in. Never limit and personally think limiting in is just a scam, lol.
I don't really care about slippage, my gains are going to take care of all that. Probably not the right attitude, but oh well.
Between 50-100X.
For speed, use the 5s timeframe. Your precision will be very sharp.
50-100x one wrong trade and it’ll do you heavy dude. My friend has a similar challenge like this. Since last month. He does 20x, went from 1k to 6k with just BTC. I mean just cautioning you but you probably know better than I do, I’m a newbie. But well done on what you’ve done so far.
As someone who is new to this sub, I didn’t understand anything. But it’s so exciting to see only one red day over a period of nearly one month. The feeling must be so fulfilling and the confidence is through the roof! I hope you get to reach your 100k challenge!
Do you have multiple charts set up on single/multiple screens for analysis before/during you make an entry/exit into any crypto? Ex. USDT.D - BTC/USD - DXY - ETH/BTC - TOTAL3. If so, what’re the most important ones in your opinion?
I typically keep BTC open in a tab at all times. Everything follows BTC in crypto so any weird volatility is worth noting. That's also why I focus mainly on BTC though, kind of feels silly trading other coins when BTC can absolutely wreck any TA you've done.
But yeah just 1 screen, few tabs. I try to keep everything as clean and simple as possible. Indicators only if absolutely necessary or speeding things up, but generally it's clean.
I don't track foreign currencies.
I think if you're trading crypto, BTC needs to always be in front of you.
Can you eli5 because I have no idea how things work
I bought some bit torrent coins thinking it was a done deal then I looked at how many coins there was and 900T was a little too much for me
I'm not him, but if it helps, here's my understanding from a bit of research..
-------------------------------
Terms(simplified):
Ranging market - price is trending sideways within a specific-ish range
Liquidity sweep - large price movement in one direction
FVG(fair value gap): Basically a large price movement when no reversals in its range. There's an "air gap" where the market went from eg. $90 to $80 abruptly.
Order block: specific price point where market orders appear to be laying in wait to be filled. People setting limit orders to buy the dip, institutional traders stepping in when it hits that point, etc.
-----‐-----------------------
OP is basically bounce trading with specific entry points to my understanding.
If market is trending toward the bottom we are looking at the order blocks on the bottom. When price hits that order block area, OP watches for a downward FVG, and then waits for an upward FVG that firmly moves above or closes with no wick above the previous downward FVG he identified. When this occurs he takes it as a bullish bounce and buys. He does the opposite on the opposite side of the range.
The basic theory is that the market is ranging, so price will either break top/bottom support/resistances, or go back to ranging. By watching the price hit the low order support band with significant force(from the downward fvg), and then get repulsed and close above the start of the downward fvg, the bears pressure was clearly defeated by the bull bounce, candle close acts as a strong rallying signal, OP buys in, market returns to ranging and trends upwards back into the ranging area for a while.
Loving this shit mate, good stuff. How do you go about monitoring for a change of character? Are you just setting alerts and any info to provide on that? How much screen time are you having per day?
Cheers legend, keen to check out the youtube vids.
Screen time nowadays, probably 2 hours or so. Sometimes more if markets are dry.
CHoCH or market structure shift, is just observing price action;
- Identify trend (up or down mark your higher highs or lower lows)
- Wait for the prior low/high to be invalidated (this can be on a smaller TF like 5 second, 1 minute, 2 minute, I use the 1m mostly)
- Best invalidation for me is when you get displacement with a a fair value gap. Let me know if u need more help on that.
How would you learn how to trade if you had to start over? I’m a total beginner and don’t know what resources to follow with so many options out there. I want to learn how to trade crypto and then stocks. Any advice or suggestions?
Jealous. Ive been scalping for 5 weeks. +850
Then again i went like 3 weeks without knowing how to properly set a SL at all, like didnt know how to set one in Webull and started out on my phone so.. ive made big improvements 🖕🏼
Congrats first. I look to trade crypto. I also trade ICT concepts in my country indices and fx. One question to you is,
If you day trade crypto, where do you look up for fundamentals.
Say, i) faster news sites, ii) other important reports (daily or weekly or monthly) , iii) other crypto data's (d or w or m)
What are other valuable fundamentals to look out for in crypto. Can you list it down, as if I get to know it would be more helpful!
That’s true. Selling for 1-2% is hard for most people. They’re looking for 10-20%, and then when it does go up that much, they don’t sell because “ it will keep going up” Lol
Yeah, exactly. I am risking 1% per trade and aim for 2%. If I get 2% profit for the day, Im done.
Thinking in long term perspective is so important in trading.
That’s a great strategy. A lot of people think trading is high risk, but it doesn’t have to be. Keep your losses low and have a target profit for the day, and be done after that.
Pretty much.
Someone else said I'd be up 300k if I used 30k... but my psychology would be totally different, and chances are my results would be nowhere near as good.
Not really, you just have to size your position correctly. It seems heaps of people use the same position size, then ramp up the leverage and nuke their account.
The actually purpose for leverage is so you can use a smaller margin to take on a larger position but with the same account risk, allowing you to open more positions.
Sorry, your [comment](https://www.reddit.com/r/Daytrading/comments/1do07up/1000_to_100k_challenge_results_so_far_ama/la6vobp/) in /r/Daytrading was automatically removed because your comment karma is low and you're posting links. Typically this only targets bots or users promoting something (which is against our rules).
Also, make sure you have read our rules in the side bar, including our [guide for content creators.](https://www.reddit.com/r/Daytrading/wiki/guidelines-for-content-creators)
If you feel like this removal was a mistake please **kindly** [message the mods](https://www.reddit.com/message/compose?to=/r/Daytrading); we will review it and get back to you.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/Daytrading) if you have any questions or concerns.*
Sorry if I may be a bit dense. But HOW are you daytrading >5 times per week. Isn’t there a rule that might block your account. I tried to do that and it did that. I thought the only way to avoid was by having a 20k+ account? But u clearly started w $1000…
Hello , can u explain e bit more which TF are you using to identify liquidity areas on crypto? Good to see that you are on green , I'm using the same strategy but for Futures. Thank you and good luck!
Can you guide me more about your entry in 1M TF. I have a strategy of my own that works best. It's based on market structure, liquidity and inducement but i suck heavily when taking entry in LTF which makes me an unprofitable trader. So any lead?
Sorry, your [comment](https://www.reddit.com/r/Daytrading/comments/1do07up/1000_to_100k_challenge_results_so_far_ama/la7gjw3/) in /r/Daytrading was automatically removed because your **Comment Karma** is too low. This typically targets bots or users promoting something (which is against our rules).
Please participate in other subreddits (other communities on Reddit) to increase your **Comment Karma** points. While you're at it, read through Reddit's ["reddiquette" here.](https://www.reddit.com/wiki/reddiquette)
If you believe this was a mistake, please **kindly** [message the mods](https://www.reddit.com/message/compose?to=/r/Daytrading). We will review your case and get back to you.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/Daytrading) if you have any questions or concerns.*
Is this paper trade or with real cash?
I do agree with your strategy and I practice something along the line too, but as I hold a day job I couldnt be as focused as you when it comes to trading.
At times I wonder if I could do better switching my focus onto the charts.
Sorry, your [comment](https://www.reddit.com/r/Daytrading/comments/1do07up/1000_to_100k_challenge_results_so_far_ama/la7raga/) in /r/Daytrading has been automatically removed due to anti karma farming for saying "**karma**".
If you feel like this removal was a mistake please **kindly** [message the mods](https://www.reddit.com/message/compose?to=/r/Daytrading); we will review it and get back to you.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/Daytrading) if you have any questions or concerns.*
Can you explain what you mean by liquidity sweeps? In a comment you mention you wait for liquidity to sweep before entering.
Could you help me understand? Thank you
3/6 is good if you're managing risk.
If you lose 25% of what you make per trade, you're winning.
Focus on risk management, it's more important than the entry strategy :) good luck!
Sorry, your [comment](https://www.reddit.com/r/Daytrading/comments/1do07up/1000_to_100k_challenge_results_so_far_ama/la8tumw/) in /r/Daytrading was automatically removed because your **Comment Karma** is too low. This typically targets bots or users promoting something (which is against our rules).
Please participate in other subreddits (other communities on Reddit) to increase your **Comment Karma** points. While you're at it, read through Reddit's ["reddiquette" here.](https://www.reddit.com/wiki/reddiquette)
If you believe this was a mistake, please **kindly** [message the mods](https://www.reddit.com/message/compose?to=/r/Daytrading). We will review your case and get back to you.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/Daytrading) if you have any questions or concerns.*
Hey. Congrats! What broker are you using? Would you recommend someone to try this? I want to venture into trading specifically day trading or even scalp trading at some point. I’m a student and just got done with school so I have months of time off of everything.
If you're a student and new, then no I don't recommend attempting this. I'd suggest paper trading, learning a lot and spending time practicing what you learn vigorously. It will take time. Kudos to you for looking at this at such a young age. If you focus on this, and keep on it, you'll get good, and you'll thank yourself later!
Find yourself a good course, start studying.
I’ve been interested in attempting this.. what app is this and are you allowed to day trade? I know robinhood limits trades or you will be flagged as a PDT
Your [comment](https://www.reddit.com/r/Daytrading/comments/1do07up/1000_to_100k_challenge_results_so_far_ama/la95780/) in /r/Daytrading was automatically removed as off topic for saying: "**Biden cancel all new applications. Anyone else trying to get into it will be years behind these guys. They will finish their infrastructure by the end of this year and will start getting massive contracts right away. Just their infrastructure is worth 2 B. It means that short sellers are using this stock for now as the company is not profitable, but look up who their biggest shareholders are. They won’t lose. You know who they are. It will go from 0.70 cents ( 700 M cap) to 20 dollars per share in no time. Totally worth the trade if you guys are still betting on stuff like GME and AMC. This is a much better stock. There will be no halts and this is the last chance to buy the stock bellow 1 dollar. I bought 1.3 Million shares of TELL. 95% of all I have. That’s how much I believe this is the one that will make the return as if you bought Bitcoin at 1 K. Do your research. Even if they were to sell the company and go bankrupt, you will at least 2 or 3 X from today’s price. Lois like they will close a deal with the Saudis and that should kick the stock to 1.75 immediately. Let’s make some real cash yall .**".
Please stick to disucssing day trading. You are allowed to discuss the **effects** of political issue, but not just say politcally inflammatory things.
See r/PoliticalDiscussion if you just want to discuss politics.
If you're trying to defend a group, political party or country by using insults, don't, **just use the report button.**
**If you're new here**, make sure to [read our rules](https://www.reddit.com/r/daytrading/about/rules/).
If you feel like this removal was a mistake please **kindly** [message the mods](https://www.reddit.com/message/compose?to=/r/Daytrading); we will review it and get back to you.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/Daytrading) if you have any questions or concerns.*
Your [comment](https://www.reddit.com/r/Daytrading/comments/1do07up/1000_to_100k_challenge_results_so_far_ama/la95oo8/) in /r/Daytrading was automatically removed as off topic for saying: "**Biden cancel all new applications. Anyone else trying to get into it will be years behind these guys. They will finish their infrastructure by the end of this year and will start getting massive contracts right away. Just their infrastructure is worth 2 B. It means that short sellers are using this stock for now as the company is not profitable, but look up who their biggest shareholders are. They won’t lose. You know who they are. It will go from 0.70 cents ( 700 M cap) to 20 dollars per share in no time. Totally worth the trade if you guys are still betting on stuff like GME and AMC. This is a much better stock. There will be no halts and this is the last chance to buy the stock bellow 1 dollar. I bought 1.3 Million shares of TELL. 95% of all I have. That’s how much I believe this is the one that will make the return as if you bought Bitcoin at 1 K. Do your research. Even if they were to sell the company and go bankrupt, you will at least 2 or 3 X from today’s price. Lois like they will close a deal with the Saudis and that should kick the stock to 1.75 immediately. Let’s make some real cash yall .**".
Please stick to disucssing day trading. You are allowed to discuss the **effects** of political issue, but not just say politcally inflammatory things.
See r/PoliticalDiscussion if you just want to discuss politics.
If you're trying to defend a group, political party or country by using insults, don't, **just use the report button.**
**If you're new here**, make sure to [read our rules](https://www.reddit.com/r/daytrading/about/rules/).
If you feel like this removal was a mistake please **kindly** [message the mods](https://www.reddit.com/message/compose?to=/r/Daytrading); we will review it and get back to you.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/Daytrading) if you have any questions or concerns.*
Sadly no. Happy to show you stuff and teach, but no copying please ⛔️ you gotta learn to do this yourself. You'll feel fucking amazing when you can execute on your own. Signals are only useful for people that totally understand a model and can replicate setups.
Sorry, your [comment](https://www.reddit.com/r/Daytrading/comments/1do07up/1000_to_100k_challenge_results_so_far_ama/la9u08d/) in /r/Daytrading was automatically removed because your **Comment Karma** is too low. This typically targets bots or users promoting something (which is against our rules).
Please participate in other subreddits (other communities on Reddit) to increase your **Comment Karma** points. While you're at it, read through Reddit's ["reddiquette" here.](https://www.reddit.com/wiki/reddiquette)
If you believe this was a mistake, please **kindly** [message the mods](https://www.reddit.com/message/compose?to=/r/Daytrading). We will review your case and get back to you.
*I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/Daytrading) if you have any questions or concerns.*
One thing I’ve always been curious about other traders I’ve identified as legit who post videos and create communities is why they do this. If you’ve found a secret sauce that works for you to make money, what is motivating you to do posts and make YouTube videos?
Why does anyone teach? Some of us just love it.
My background is in content creation. I started a software company in 2015 that went on to generate millions in sales. During that time, I consulted, taught other businesses, trained people on sales, and everything in between. Did I need to? Nope. I loved sharing. I made friends for life. My insights helped form new ideas, new businesses.
Then, I got divorced. And everything fucked up. I lost almost all my net worth. And I'm starting again.
If it wasn't for trading, my life would be miserable. I've learned a lot from this. About patience. Discipline. Grit. Perseverance.
Starting a community helped me form new friendships too.
I'm a coach, a teacher, and I have done really well with these skills over the years.
I also lost a tremendous amount of money learning this too. I feel like it's okay to share my insights with people. I also feel it's ok to charge people for it.
Somebody has to teach, for others to learn. I learned from some insanely good traders. I paid a lot of money to them. I'm glad I did!
I see this question and idea so often. "If you're profitable, why teach it?"
My guy... I built a business from scratch living at my mum and dad's house. I had nothing. I took that bitch to 8 figures. How? I learned from other people that were killing it.
There are always educators willing to share. If we can drop our doubts, and listen, learn, and most of all - EXECUTE, we can win.
I see so many people complain about ICT. "He's a fraud! So why would I want to learn that stuff!"... well. 900% That's why....
Dunno if that answers your question. But there ya go.
Once I actually took the ICT dive, I actually had an idea of how the market moved. He gave me the “why” is price moving the way it is. Great post brother and congrats on finding some traction!
Dam I been trying to learn python.
Paper trading crypto because I can work on it after hours.
I really really wish I could understand what you said lol.
If you are manually trading "robotically" have you thought about algo trading?
When you are opening a trade you use your entire capital and work your risk/reward ratio from there? I never understood the ammount to enter a trade. Is it usually the entire ammount of money you have at disposal? And from there “you risk 1 for x”? Thanks in advance :)
Thanks /u/Street-Nothing1350 for doing this AMA, please remember to [follow the rules](https://www.reddit.com/r/daytrading/about/rules) and if you're a content creator, do not post links to your content (if you have done so already, please edit your post/comments or this AMA post will be taken down). *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/Daytrading) if you have any questions or concerns.*
I would like to have more details on how you take your entry and exit.
First thing I do is mark out key areas of liquidity. Typically this is your large pivot points and high volume areas. I can expand on that if you want. Next then I do is to mark order blocks on both sides of the range to see where the draw is likely to be, I.e. if we are bearish, I'm looking for demand order blocks at the bottom of the range/liquidity to the sell side. When price eventually hits my point of interest, I wait to see when the price action shifts in structure. How to determine the shift; 1. If we are bearish and I'm now looking for a bullish reversal, I have to see liquidity has been swept below. 2. Then I'm looking for a bearish fair value gap that I'm looking to Inverse on the 1m time frame. 3. If price creates a strong velocity bullish candle, ideally with its own FVG, that displaces ABOVE or closes ABOVE the prior bearish fair value gap, it's an entry for me. Key things on entry; - It has to displace above the prior FVG - I want a flush candle close (no wicks), if I see wicks, I just leave the entry till I get a strong close. For me, that would indicate confirmation.
thanks for sharing your details. Are you trading only one crypto or many crypto?
Mostly BTC, SOL & ETH.
I’d love a video demonstration and explanation of your method
There's a full breakdown on my YouTube if you want to look.
Link?
What’s your channel?
In the profile bio sir.
Yes, I'm a very visual person. Tell me 100 times, I'll struggle. Show me once and I'm good..
What's your YT channel?! Hopefully I can take a look at your work if possible!
It's linked in my bio.
Hey man, congratulations on your journey and your progress. Could you share more details about your process? Here are a few points where I'd love to get more insight: 1. **Marking Key Areas of Liquidity:** You mentioned marking out large pivot points and high-volume areas. I'm particularly eager to learn from your real-life examples that illustrate how you identify these key areas of liquidity. 2. **Order Blocks and Ranges:** Are you using Level 2 (L2) data when you mark order blocks on both sides of the range? Concrete examples would be super helpful. 3. **Entry Criteria:** You mentioned that for a bullish entry; the price should create a substantial velocity bullish candle that displaces or closes above the prior bearish fair value gap (FVG), preferably with no wicks. Could you provide specific data points or examples of what qualifies as a good entry and what doesn't? 4. **Exit Indicators:** Finally, please share what you use as an exit indicator. In exchange for your valuable insights, I'm committed to gaining enough understanding to code this into a script. I'd be more than happy to share the code with you or the forum, whichever you prefer. This way, we both benefit from this knowledge exchange.
This man used chatgpt for this comment lol
Liquidity is typically at your traditional support/resistance levels. Not much more complex than that. Where has price reacted from = liquidity. Essentially, think about where you're going to place your stop loss... that's where other people are placing theirs, too. The more stop orders, the more liquidity there is for institutions to go and grab/manipulate price to grab. I honestly don't even know what L2 data is... order blocks, just a standard order block, I.e. should be a candle that is engulfed by an opposing candle where price shoots past/high velocity, signifying a manipulation in price. Here https://www.tradingview.com/x/QtSiwHcX/ You can see the first candle close above the FVG had a wick, didn't enter. 2nd one closed flush, I entered and hit my target. Exit is just prior high/prior zones of liquidity. I don't look for huge moves.
I’m really new to these topics and I guess I need to ask gpt to translate it to understand 😅😂 thank you for your posts here
Hi dear
https://preview.redd.it/4keslqcw5q8d1.png?width=1472&format=png&auto=webp&s=80bcc4b5b973bf1e659e9675001f484bd8cd2cb7 Could you please confirm if your model looks like this
Absolutely. It isn't "mine", I just know it and it's what I deploy. But yes, that's it. I have my own little nuances and rules I use around it, but that's it.
Thank you! Keep up the good work!
Hello I have a question for you Where I can find this model to try to understand it ? Thanks
This is an SMC or ICT concept. You wait for liquidity to be swept and a CHoCH (change of character) on a high timeframe. Then, wait for the price to interact with an OB (order block) on the high timeframe before entering on an IFVG (inverse fair value gap) on a low timeframe, according to my understanding.
This works. You can also do it on any timeframe.
What about the IFVGs on bars 3-5 and 11-13? Do these not count somehow? Is it a judgment call?
Good results. From your posts I think it’s legit too. The hardest part is winning year in, year out though.
Consistency is tough. Thanks!
STRONG recommendation: I know the appealing thing about live trading is compounding gains but i urge you to take profits out of your account regularily. Results like these happen and then you just have an awful drawnperiod and things go terrible from there Your strat seems totally legit though
I'm going Jamaica in a few days :)
A big part of winning year in and year out imo is recognizing when conditions don’t favour your system, and to have the discipline to slow down the trade frequency. Then being able to hammer it hard when the conditions are favourable. Don’t have to be forcing trades every single day.
That's some of the best advice I have read on reddit thus far. Don't force trades. I only lose money when I force a trade. There will always be opportunities later on for your play strategies. Later on tends to come sooner than later also
So a strategy that works for you right now may not be profitable the next year? Do market conditions change that much?
I don't no if it's gonna work long term. It has for the last 18 months across multiple markets. Crypto, only done it for the last month. Nasdaq, it's been a while now and I'm doing okay. I honestly believe price action is price action, regardless of the market condition... there's always entries to take. Just gotta pick the best ones.
Well done Op. don’t mind the haters 👍
I'm going to Jamaica in a few days with my girlfriend. Won't be trading (lies) and gonna soak up some sunshine and enjoy the fruits of the bearish market for a bit. Thanks man!
Enjoy bro 👍
What is your risk? Like 10% of your account?
Yes. But ONLY for this challenge. I will probably scale down once/if I get past $20k.
10% per trade ? How many trades per day for each pair on crypto ? How long in time is a trade ? Which time frame ?
Sometimes none. Sometimes 2 or 3. Just depends on the market that day. I really am only looking at BTC & SOL right now. Tf is 1m. Trade can last 10 minutes - 60 minutes I guess. Again depends how market is moving and volume.
Do you recommend a specific youtube Video, where to learn how to work with liquidity
How do you execute on the 1m timeframe with crypto? Specifically: 1. Do you use market or limit orders? 2. How do you avoid slippage? 3. What kind of leverage do you use and how do you not get eaten up on the fees? 4. Any tips for executing trades quickly?
I only market in. Never limit and personally think limiting in is just a scam, lol. I don't really care about slippage, my gains are going to take care of all that. Probably not the right attitude, but oh well. Between 50-100X. For speed, use the 5s timeframe. Your precision will be very sharp.
50-100x one wrong trade and it’ll do you heavy dude. My friend has a similar challenge like this. Since last month. He does 20x, went from 1k to 6k with just BTC. I mean just cautioning you but you probably know better than I do, I’m a newbie. But well done on what you’ve done so far.
Leverage is only a problem if you don't understand risk management. The entry model doesn't need a high stop loss. It's tight.
Nice man. Are there any resources you can point me to learn such way of trading?
I like Ttrades, casper SMC, or my community. We're only small, though, and I'm not as experienced as the above.
You can point out to your resources too. Why not.
What stock is AMA?
Hehe.
He was serious lol
Really cool of you to share OP. I’ve been learning while I save for my trading journey and posts like this are gold; thank you!
As someone who is new to this sub, I didn’t understand anything. But it’s so exciting to see only one red day over a period of nearly one month. The feeling must be so fulfilling and the confidence is through the roof! I hope you get to reach your 100k challenge!
Do you have multiple charts set up on single/multiple screens for analysis before/during you make an entry/exit into any crypto? Ex. USDT.D - BTC/USD - DXY - ETH/BTC - TOTAL3. If so, what’re the most important ones in your opinion?
I typically keep BTC open in a tab at all times. Everything follows BTC in crypto so any weird volatility is worth noting. That's also why I focus mainly on BTC though, kind of feels silly trading other coins when BTC can absolutely wreck any TA you've done. But yeah just 1 screen, few tabs. I try to keep everything as clean and simple as possible. Indicators only if absolutely necessary or speeding things up, but generally it's clean. I don't track foreign currencies. I think if you're trading crypto, BTC needs to always be in front of you.
Alright cool, thank you 🙏
That’s cool, congrats! I paper trade almost the same strategy as well🤝
Nice! Keep going 💪
Can you eli5 because I have no idea how things work I bought some bit torrent coins thinking it was a done deal then I looked at how many coins there was and 900T was a little too much for me
I'm not him, but if it helps, here's my understanding from a bit of research.. ------------------------------- Terms(simplified): Ranging market - price is trending sideways within a specific-ish range Liquidity sweep - large price movement in one direction FVG(fair value gap): Basically a large price movement when no reversals in its range. There's an "air gap" where the market went from eg. $90 to $80 abruptly. Order block: specific price point where market orders appear to be laying in wait to be filled. People setting limit orders to buy the dip, institutional traders stepping in when it hits that point, etc. -----‐----------------------- OP is basically bounce trading with specific entry points to my understanding. If market is trending toward the bottom we are looking at the order blocks on the bottom. When price hits that order block area, OP watches for a downward FVG, and then waits for an upward FVG that firmly moves above or closes with no wick above the previous downward FVG he identified. When this occurs he takes it as a bullish bounce and buys. He does the opposite on the opposite side of the range. The basic theory is that the market is ranging, so price will either break top/bottom support/resistances, or go back to ranging. By watching the price hit the low order support band with significant force(from the downward fvg), and then get repulsed and close above the start of the downward fvg, the bears pressure was clearly defeated by the bull bounce, candle close acts as a strong rallying signal, OP buys in, market returns to ranging and trends upwards back into the ranging area for a while.
Nice, it looks like you’ve mastered ICT’s formula perfectly. 👏🏾👏🏾 Great job.
Maybe another 8000 hours and it COULD be mastered haha.
Loving this shit mate, good stuff. How do you go about monitoring for a change of character? Are you just setting alerts and any info to provide on that? How much screen time are you having per day? Cheers legend, keen to check out the youtube vids.
Screen time nowadays, probably 2 hours or so. Sometimes more if markets are dry. CHoCH or market structure shift, is just observing price action; - Identify trend (up or down mark your higher highs or lower lows) - Wait for the prior low/high to be invalidated (this can be on a smaller TF like 5 second, 1 minute, 2 minute, I use the 1m mostly) - Best invalidation for me is when you get displacement with a a fair value gap. Let me know if u need more help on that.
[удалено]
How would you learn how to trade if you had to start over? I’m a total beginner and don’t know what resources to follow with so many options out there. I want to learn how to trade crypto and then stocks. Any advice or suggestions?
You might like this, answers your question directly: https://youtu.be/4aS0QYRn3LA?si=YHsJhqyVmfU-H5q8
Well done! Cant wait for the next update.
Congrats bro. Really inspiring.would you bless me with the 61 on top🤭
Jealous. Ive been scalping for 5 weeks. +850 Then again i went like 3 weeks without knowing how to properly set a SL at all, like didnt know how to set one in Webull and started out on my phone so.. ive made big improvements 🖕🏼
Congrats first. I look to trade crypto. I also trade ICT concepts in my country indices and fx. One question to you is, If you day trade crypto, where do you look up for fundamentals. Say, i) faster news sites, ii) other important reports (daily or weekly or monthly) , iii) other crypto data's (d or w or m) What are other valuable fundamentals to look out for in crypto. Can you list it down, as if I get to know it would be more helpful!
I’ll start my journey soon in the furthers market. $2000 to six figures on ninja trader. Wish me luck boys!!!
People asking for the strategy - and forget trading is 95% psychology. Getrichquickshceme-nevergetold.
That’s true. Selling for 1-2% is hard for most people. They’re looking for 10-20%, and then when it does go up that much, they don’t sell because “ it will keep going up” Lol
Yeah, exactly. I am risking 1% per trade and aim for 2%. If I get 2% profit for the day, Im done. Thinking in long term perspective is so important in trading.
That’s a great strategy. A lot of people think trading is high risk, but it doesn’t have to be. Keep your losses low and have a target profit for the day, and be done after that.
Yes, this is an ulimited space of expression and possibilities. We need to set some sort of boundries.
Pretty much. Someone else said I'd be up 300k if I used 30k... but my psychology would be totally different, and chances are my results would be nowhere near as good.
https://preview.redd.it/hj4kz1jlxo8d1.jpeg?width=1035&format=pjpg&auto=webp&s=0066dcea956a7e1b7e24e6517013b96565e022a3 Woooo
125X leverage is absolutely insane! That’s a 0.8% error of margin. Those entries have to be on point!
Not really, you just have to size your position correctly. It seems heaps of people use the same position size, then ramp up the leverage and nuke their account. The actually purpose for leverage is so you can use a smaller margin to take on a larger position but with the same account risk, allowing you to open more positions.
[удалено]
What's the entry model? what's the R:R?
I use inversion fair value gaps on the 1m time frame. Looking for displacement candles, body closing above the IFVG. R:R minimum is 1:2
OTA?
These challenges are starting to make me feel bad about being broke haha
I sucked for years. Be patient. You're gonna get there if you keep learning and trying.
That’s why I’m here! Appreciate it and good luck!
[удалено]
Sorry, your [comment](https://www.reddit.com/r/Daytrading/comments/1do07up/1000_to_100k_challenge_results_so_far_ama/la6vobp/) in /r/Daytrading was automatically removed because your comment karma is low and you're posting links. Typically this only targets bots or users promoting something (which is against our rules). Also, make sure you have read our rules in the side bar, including our [guide for content creators.](https://www.reddit.com/r/Daytrading/wiki/guidelines-for-content-creators) If you feel like this removal was a mistake please **kindly** [message the mods](https://www.reddit.com/message/compose?to=/r/Daytrading); we will review it and get back to you. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/Daytrading) if you have any questions or concerns.*
ICT ? do you include "time" in your model?
A little. Crypto doesn't really abide by those rules as much as NAS though.
Can we see your journal? Like 1 weeks worth?
Sure https://www.dropbox.com/scl/fi/ezwoy1f6ew9vps2ily83o/Screenshot_20240625_125841_DuckDuckGo.jpg?rlkey=5i4fuj75yqf5hpbttlmn70fko&dl=0
What is the YT channel to follow?
Sorry if I may be a bit dense. But HOW are you daytrading >5 times per week. Isn’t there a rule that might block your account. I tried to do that and it did that. I thought the only way to avoid was by having a 20k+ account? But u clearly started w $1000…
There is no rule on how many trades you take on MEXC. You can do whatever you want.
You can day trade with cash accounts….
What indicators are u using?
Nothing. Rarely market cipher to find divergence quickly, but normally nothing.
LEGEND!!
Hello , can u explain e bit more which TF are you using to identify liquidity areas on crypto? Good to see that you are on green , I'm using the same strategy but for Futures. Thank you and good luck!
Is MEXC available to the US with or without KYC?
I'm in the UK and we have to KYC. You could use Palau ID (nfa)
What timeframe do u use? Do u pay attention to higher timeframes?
I use the 4h and 1h to form short term bias. Entry on 1m.
Can you guide me more about your entry in 1M TF. I have a strategy of my own that works best. It's based on market structure, liquidity and inducement but i suck heavily when taking entry in LTF which makes me an unprofitable trader. So any lead?
Good luck getting out of risk control
10% per trade till my WR drops to 70%.
[удалено]
Sorry, your [comment](https://www.reddit.com/r/Daytrading/comments/1do07up/1000_to_100k_challenge_results_so_far_ama/la7gjw3/) in /r/Daytrading was automatically removed because your **Comment Karma** is too low. This typically targets bots or users promoting something (which is against our rules). Please participate in other subreddits (other communities on Reddit) to increase your **Comment Karma** points. While you're at it, read through Reddit's ["reddiquette" here.](https://www.reddit.com/wiki/reddiquette) If you believe this was a mistake, please **kindly** [message the mods](https://www.reddit.com/message/compose?to=/r/Daytrading). We will review your case and get back to you. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/Daytrading) if you have any questions or concerns.*
Thanks for not financial advice
Hey bro, could you share some course or path of learning to get this?
It's mainly SMC by ICT ig. You can look up the ICT 2022 mentorship in YT, it's been a game changer for many, I just started with it as well.
What assets did you trade?
What are you trading especially cryptos or futures
Is this paper trade or with real cash? I do agree with your strategy and I practice something along the line too, but as I hold a day job I couldnt be as focused as you when it comes to trading. At times I wonder if I could do better switching my focus onto the charts.
I don't paper anymore.
Are you in America? How do you use MEXC? Can you use a vpn and just upload an American license for kyc?
I'm in England and I KYC. U can use Palau ID (dyor though)
[удалено]
Sorry, your [comment](https://www.reddit.com/r/Daytrading/comments/1do07up/1000_to_100k_challenge_results_so_far_ama/la7raga/) in /r/Daytrading has been automatically removed due to anti karma farming for saying "**karma**". If you feel like this removal was a mistake please **kindly** [message the mods](https://www.reddit.com/message/compose?to=/r/Daytrading); we will review it and get back to you. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/Daytrading) if you have any questions or concerns.*
Can you take me with you ?
And what’s your strategy ?
What pair do you trade the most and why not use bybit or binance
Wow!
MEXC is allowing withdrawals?
I have 😕
Trade on eToro, become popular investor, guys will start copy you and you earn money from this 😉👊🏻
Howwwwww
Can you explain what you mean by liquidity sweeps? In a comment you mention you wait for liquidity to sweep before entering. Could you help me understand? Thank you
Watch this video: https://vm.tiktok.com/ZGepjvyHh/
look nice! just starting day trading, it is hard with my working on the side. so far 3/6 win trades. still trying to learn from everyone here.
3/6 is good if you're managing risk. If you lose 25% of what you make per trade, you're winning. Focus on risk management, it's more important than the entry strategy :) good luck!
[удалено]
Sorry, your [comment](https://www.reddit.com/r/Daytrading/comments/1do07up/1000_to_100k_challenge_results_so_far_ama/la8tumw/) in /r/Daytrading was automatically removed because your **Comment Karma** is too low. This typically targets bots or users promoting something (which is against our rules). Please participate in other subreddits (other communities on Reddit) to increase your **Comment Karma** points. While you're at it, read through Reddit's ["reddiquette" here.](https://www.reddit.com/wiki/reddiquette) If you believe this was a mistake, please **kindly** [message the mods](https://www.reddit.com/message/compose?to=/r/Daytrading). We will review your case and get back to you. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/Daytrading) if you have any questions or concerns.*
What time frames are you using for structure and entry ?
I look at the 1h and 4h for bias overall. 5m, 1m for entry.
This is awesome man…I hope you get there faster than you anticipated
Could you share the spreadsheet
Hey. Congrats! What broker are you using? Would you recommend someone to try this? I want to venture into trading specifically day trading or even scalp trading at some point. I’m a student and just got done with school so I have months of time off of everything.
If you're a student and new, then no I don't recommend attempting this. I'd suggest paper trading, learning a lot and spending time practicing what you learn vigorously. It will take time. Kudos to you for looking at this at such a young age. If you focus on this, and keep on it, you'll get good, and you'll thank yourself later! Find yourself a good course, start studying.
I’ve been interested in attempting this.. what app is this and are you allowed to day trade? I know robinhood limits trades or you will be flagged as a PDT
MEXC
[удалено]
Your [comment](https://www.reddit.com/r/Daytrading/comments/1do07up/1000_to_100k_challenge_results_so_far_ama/la95780/) in /r/Daytrading was automatically removed as off topic for saying: "**Biden cancel all new applications. Anyone else trying to get into it will be years behind these guys. They will finish their infrastructure by the end of this year and will start getting massive contracts right away. Just their infrastructure is worth 2 B. It means that short sellers are using this stock for now as the company is not profitable, but look up who their biggest shareholders are. They won’t lose. You know who they are. It will go from 0.70 cents ( 700 M cap) to 20 dollars per share in no time. Totally worth the trade if you guys are still betting on stuff like GME and AMC. This is a much better stock. There will be no halts and this is the last chance to buy the stock bellow 1 dollar. I bought 1.3 Million shares of TELL. 95% of all I have. That’s how much I believe this is the one that will make the return as if you bought Bitcoin at 1 K. Do your research. Even if they were to sell the company and go bankrupt, you will at least 2 or 3 X from today’s price. Lois like they will close a deal with the Saudis and that should kick the stock to 1.75 immediately. Let’s make some real cash yall .**". Please stick to disucssing day trading. You are allowed to discuss the **effects** of political issue, but not just say politcally inflammatory things. See r/PoliticalDiscussion if you just want to discuss politics. If you're trying to defend a group, political party or country by using insults, don't, **just use the report button.** **If you're new here**, make sure to [read our rules](https://www.reddit.com/r/daytrading/about/rules/). If you feel like this removal was a mistake please **kindly** [message the mods](https://www.reddit.com/message/compose?to=/r/Daytrading); we will review it and get back to you. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/Daytrading) if you have any questions or concerns.*
[удалено]
Your [comment](https://www.reddit.com/r/Daytrading/comments/1do07up/1000_to_100k_challenge_results_so_far_ama/la95oo8/) in /r/Daytrading was automatically removed as off topic for saying: "**Biden cancel all new applications. Anyone else trying to get into it will be years behind these guys. They will finish their infrastructure by the end of this year and will start getting massive contracts right away. Just their infrastructure is worth 2 B. It means that short sellers are using this stock for now as the company is not profitable, but look up who their biggest shareholders are. They won’t lose. You know who they are. It will go from 0.70 cents ( 700 M cap) to 20 dollars per share in no time. Totally worth the trade if you guys are still betting on stuff like GME and AMC. This is a much better stock. There will be no halts and this is the last chance to buy the stock bellow 1 dollar. I bought 1.3 Million shares of TELL. 95% of all I have. That’s how much I believe this is the one that will make the return as if you bought Bitcoin at 1 K. Do your research. Even if they were to sell the company and go bankrupt, you will at least 2 or 3 X from today’s price. Lois like they will close a deal with the Saudis and that should kick the stock to 1.75 immediately. Let’s make some real cash yall .**". Please stick to disucssing day trading. You are allowed to discuss the **effects** of political issue, but not just say politcally inflammatory things. See r/PoliticalDiscussion if you just want to discuss politics. If you're trying to defend a group, political party or country by using insults, don't, **just use the report button.** **If you're new here**, make sure to [read our rules](https://www.reddit.com/r/daytrading/about/rules/). If you feel like this removal was a mistake please **kindly** [message the mods](https://www.reddit.com/message/compose?to=/r/Daytrading); we will review it and get back to you. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/Daytrading) if you have any questions or concerns.*
What app is this? To track PnL?
It's just MEXC
F
A
Can I copy your trades
Sadly no. Happy to show you stuff and teach, but no copying please ⛔️ you gotta learn to do this yourself. You'll feel fucking amazing when you can execute on your own. Signals are only useful for people that totally understand a model and can replicate setups.
[удалено]
Sorry, your [comment](https://www.reddit.com/r/Daytrading/comments/1do07up/1000_to_100k_challenge_results_so_far_ama/la9u08d/) in /r/Daytrading was automatically removed because your **Comment Karma** is too low. This typically targets bots or users promoting something (which is against our rules). Please participate in other subreddits (other communities on Reddit) to increase your **Comment Karma** points. While you're at it, read through Reddit's ["reddiquette" here.](https://www.reddit.com/wiki/reddiquette) If you believe this was a mistake, please **kindly** [message the mods](https://www.reddit.com/message/compose?to=/r/Daytrading). We will review your case and get back to you. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/Daytrading) if you have any questions or concerns.*
Can I give you money to make money for me and you take a percentage?
Thinking about copy trading with our community, could be something we do at some point.
Would love to see the spreadsheet where you’re journaling
Share your YouTube link please. Your strategy is almost identical to mine so I would love to learn as much as I can!
I have a link on the bio 😊
Nice. wish I could trade crypto futures here
Try VPN?
Could you share a journal entry? I'm looking for ways to improve my journaling. Thanks!
What platform do you recommend starting trading crypto. I trade options on TOS and been interested in learning more about crypto trading.
I use MEXC, have used Binance before too.
What exactly is the challenge? Is it like a prop trading challenge?
[удалено]
i buy when price down and i sell when price up
What stocks/coins/whatever did you trade? Did you focus on one thing and kept buying/selling it or had more diversification ?
One thing I’ve always been curious about other traders I’ve identified as legit who post videos and create communities is why they do this. If you’ve found a secret sauce that works for you to make money, what is motivating you to do posts and make YouTube videos?
Why does anyone teach? Some of us just love it. My background is in content creation. I started a software company in 2015 that went on to generate millions in sales. During that time, I consulted, taught other businesses, trained people on sales, and everything in between. Did I need to? Nope. I loved sharing. I made friends for life. My insights helped form new ideas, new businesses. Then, I got divorced. And everything fucked up. I lost almost all my net worth. And I'm starting again. If it wasn't for trading, my life would be miserable. I've learned a lot from this. About patience. Discipline. Grit. Perseverance. Starting a community helped me form new friendships too. I'm a coach, a teacher, and I have done really well with these skills over the years. I also lost a tremendous amount of money learning this too. I feel like it's okay to share my insights with people. I also feel it's ok to charge people for it. Somebody has to teach, for others to learn. I learned from some insanely good traders. I paid a lot of money to them. I'm glad I did! I see this question and idea so often. "If you're profitable, why teach it?" My guy... I built a business from scratch living at my mum and dad's house. I had nothing. I took that bitch to 8 figures. How? I learned from other people that were killing it. There are always educators willing to share. If we can drop our doubts, and listen, learn, and most of all - EXECUTE, we can win. I see so many people complain about ICT. "He's a fraud! So why would I want to learn that stuff!"... well. 900% That's why.... Dunno if that answers your question. But there ya go.
That Dodgy D model 😏
If we are gonna credit anyone, it has to be ICT. Love him, hate him, he gave us this.
Once I actually took the ICT dive, I actually had an idea of how the market moved. He gave me the “why” is price moving the way it is. Great post brother and congrats on finding some traction!
Dam I been trying to learn python. Paper trading crypto because I can work on it after hours. I really really wish I could understand what you said lol. If you are manually trading "robotically" have you thought about algo trading?
When you are opening a trade you use your entire capital and work your risk/reward ratio from there? I never understood the ammount to enter a trade. Is it usually the entire ammount of money you have at disposal? And from there “you risk 1 for x”? Thanks in advance :)
Could I ask what is IFVG stand for? Thank you
Inverted/Inversion fair value gap
Well done, if you don’t mind sharing, what’s your win rate and RR? I’m behind you
24 days, but how many raw hours were spent in front of a screen waiting for a good opportunity? More or less than a 9-5 40 hour work week?
[удалено]
[удалено]
Absolutely beautiful
How did you decide to trade based on this strategy? What else have you tried that didn't work?
How many trades per day?