It's all about how you use a stop loss. When I trade futures, I seem a stop loss as a max loss per trade. If the entry is not good enough which means the stop loss is not beyond some structure high/low or VAH/VAL, I will just give the trade up. I ...

Do you use stoploss?

Cool, you trade pure price action on 1m timeframe. Do you use volume profile or other order flow tools to confirm price actions?

The Good, The Bad and The Ugly - A Real Trading Record

1. Win-Rate and Risk-Reward are designed for machines, not for human. 2. You are not a machine, so don't trade any fixed setup or system. 3. Trade the market, analyze the order flow and pull the trigger with confidence. 4. Those who only trade ...

What have you learned?

An analyst on a volatility trading desk... I'm not familiar with delta trade. I am here to learn from any successful trader.

Is anyone here an institutional trader?

Thanks again. I've read many posts of yours and found you heavily emphasize on risk management. I used to play poker and I find it interesting that the risk management between trading and poker are similar. It's all about win-ratio, risk-reward and ...

Making 70% Profits Per Annum

Reply to people think that it's impossible to have very high returns. We CFD traders are like CTA institutional traders because we trade for profits (capital gains). The following links are the CTA type hedge funds 2020 annual returns managed by ...

Making 70% Profits Per Annum

Thanks for your reply. It's a very rare opportunity to talk to someone who's inside the industry and would like to share an insightful opinion. If we design an indicator looks like $profit per $risk, institutions are probably the best, right? Then, ...

Making 70% Profits Per Annum

As an old school trader, how do you think of quantitative trading which becomes really popular nowadays? A system with 30% annual return is considered good. However, it's low for individuals to have a return like that, IMHO. 30% return is big for ...

Making 70% Profits Per Annum

Before I turned to another style of trading, I loved BB very much. It represents statistical facts. Shorter period and longer period of BB could be used to detect the overall direction, pullback and momentum. Another good assistant tool is CCI. You ...

Bollinger Band & Stochastic

Good to find this post. I tried to trade without these tools by using supply and demand but it didn't work out. Stick to my VP and CD. Ha.

Trading Spot using Future data (Big Orders flow, Time and Sale)

Your fibo way of trading is interesting. I used to be a pattern trader and I find TP by measuring and projecting fibs before I turned to institutional tools. Many fibo traders fail to explain why golden ratio works. Could you explain it further? My ...

Reverse engineering order flow from naked chart

I think there must be a big good news for Eurozone to breakout from VA. I don't pay too much attention on fundamentals but I read some news about US reducing Q.E. Won't it be an appreciation for dollar?

Reverse engineering order flow from naked chart

I know that normal distribution talk but it doesn't convince me much. I think the reason is unfilled orders. Price would go there to grab more liquidities before continuing its direction. Low volume area candles could be merged together as a FVG ...

Reverse engineering order flow from naked chart

If I am on SierraChart, I'll just merge four profiles together because price doesn't go anywhere. You could see 2nd profile fill the imbalance of 1st profile and 4th fill 3rd. ICTers might call this as "fair value gap".

Reverse engineering order flow from naked chart

Thanks for sharing your points. I completely agree with you about defining VA and POC. VA contains 70% volume of the profile. Without volume information, we have no choice but use an area covering most of candles instead. I think that's the reason ...

Reverse engineering order flow from naked chart

I do know what ICTers are doing and "Smart money" methodology, since so many materials are out there. However, that's not the reason why order block works. It's not whales fight or institutional traders sabotage retail traders. Those whales kill ...

Order Block Theory - Institutional Trading Method

I didn't notice that. Thanks. I'll give it a try.

Order Block Theory - Institutional Trading Method

There is nothing to discredit. Nothing is new but different names. When price comes to a demand zone and I use price pattern on lower time-frame to refine my entry, it's the same as what you'll do when you say price comes to an order block and you ...

Order Block Theory - Institutional Trading Method