Chart got a little sloppy. Only keeping the lines that matter. image image

GLJ

Trades i didn't take due to time of day or scheduling. image image

GLJ

I play pool. If i miss a shot, i replay the shot as if i made it after taking the proper steps. I do this over and over until its second nature to think of me making the shot. I'd say this is the key to my success in pool. I'm considering buying a ...

GLJ

image

B.S. Trading with Kenneth Lee

On the contrary, weekly levels are pretty strong. They may not react right away but at some point in them there is a reaction. The point with them is to be patient. Post a chart of your level when you get a chance.

B.S. Trading with Kenneth Lee

Now keep in mind, things don't usually go this smoothly but when they do i gotta talk about it . And since i didn't have the chance to sit infront of the screen for these trades i set regular tps. image In an earlier post i made a mistake ...

B.S. Trading with Kenneth Lee

Depends on what your entry and target is. A stop is placed where you believe price will most likely not reach while staying within your allotted riskable amount AND risking the smallest amount of capital possible (depending on your trading plan). ...

B.S. Trading with Kenneth Lee

62 60 55 50 48 I don't trade with them! I collect and admire symmetrical art so i put them up there for the visual. I change their colors to match my outfit. I also change the values regularly to make it wider or narrower. It's purely cosmetic.

B.S. Trading with Kenneth Lee

The origin i speak of is simply looking back to see if the move is the result of a previous zone. Future effect is asking the question, "how did price react when it got back to the area?" The purpose of this exersize is to identify areas where price ...

B.S. Trading with Kenneth Lee

Just wanted to post an example of what i meant. It's not a full mark up but its a good example image Edit: btw the moving averages are just there for cosmetics. I think they're pretty :>

B.S. Trading with Kenneth Lee

Yes, a 25% to break even vs a 66% to break even is a big change in trading mindset. Don't give yourself a limit on daily trades while you're still learning this. The 1st thing you want to do here is to learn what a good entry is. I'll give you an ...

B.S. Trading with Kenneth Lee

Ken gave a great description of what i do. In my trading plan ALL the profitable trades i close are partials. I set my TP at 200 pips because thats where 10% is for me. Then i'll do exactly as Ken has described. If you're paying attention to new ...

B.S. Trading with Kenneth Lee

3:1 RR with 1 trade a day. Break even is 25% win rate (but only if your not compounding). So that means for every 3 trades stopped, 1 full win will allow you to continue to trade over time. So to be profitable an overall win rate of more than 25% on ...

B.S. Trading with Kenneth Lee

If i may help. State your goals here. Maybe once we understand what they are we can help you move towards them.

B.S. Trading with Kenneth Lee

Good stuff. I sometimes enter trades based on this system. Glad to see people are still using it.

Simple Simon Balance Line Trading

Weekly Review — This is a light mockup of my end of the week reviews. Just lines and zones. I didn't include any notes in this. I like to take the previous week and place zones on the chart to be aware of then scroll forward to this week and ...

B.S. Trading with Kenneth Lee

Yep, happens to us all. I used to use a 2:1 rr on all my trades but i was missing out on some of the bigger moves. It was quite comfortable to take my 4% and run. Just so happenes quite a bit of my trades go on to make larger gains without me. I ...

B.S. Trading with Kenneth Lee

image EDIT: 19.5 pips on average here but it was only 2.3% gain. I made a mistake on the unit sizing. Good thing it was a profitable mistake

B.S. Trading with Kenneth Lee

Post some charts

B.S. Trading with Kenneth Lee

Gotta see it to believe it..... or better yet, Gotta see it to be it.

B.S. Trading with Kenneth Lee