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Why Smart Traders Watch the First Hour (Initial Balance Guide)

  • #81
  • Dec 1, 2025 11:33pm Dec 1, 2025 11:33pm
Quoting driven18
{quote} Right, it depends on positions size, but think about it and I am making the long story short....if you trading very small position, it is hard to make money with it. It is a balancing act. That is why it takes long time to get the grip on this business if one is to make a living with it.
Hei,

Any suggestion how to improve stop loss? How do you do it right way? Thank you
  • #82
  • Edited 8:07am Dec 2, 2025 6:50am | Edited 8:07am
Quoting HDPaulius
{quote} Hei, Any suggestion how to improve stop loss? How do you do it right way? Thank you
Yes, by spending 10,000 hours on analyzing statistics of your Money Management techniques and how you can control your MindFuck(Fear and Greed) when you think you zeroed in on the correct combination, that is if you want to make living from trading.

Playing with dollars and cents will not teach you much when MindFuck starts at a large DD, but large DD is a part of this game and it is the most difficult thing to triumph over and continue to take next and next trade without breaking your rules that brought that DD.

Here is my trading in November, I circled a DDs..first one was over 7% as month started and second DD was about 8% and that is with years of testing anything and everything. My DD was as high as 14% during this year and still it is a must to continue not breaking any rules. MindFuck is the most difficult thing to tame.
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  • #83
  • Edited 7:59am Dec 2, 2025 7:40am | Edited 7:59am
In the meantime, lets see what this day will bring...ready for anything as price is random.(similar technique as a thread starter)
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  • #84
  • Edited 3:26am Dec 3, 2025 12:53am | Edited 3:26am
Quoting eadweardcap
{quote} No, I bought the EA.
Thanks . can you share the link if possible and do they give the source code.
  • #85
  • Dec 3, 2025 3:27am Dec 3, 2025 3:27am
Quoting eadweardcap
Happy 1st of December! Here are today's trades. Still have an open position in S&P 500 which came like a pip from hitting the TP. I also ended up getting 2 positions in the Nasdaq 'cause I restarted my MT5 and the EAs reset. {image} {image}

Please continuous share your trades! It's inspiring to me to do
  • #86
  • Dec 3, 2025 6:01am Dec 3, 2025 6:01am
Quoting trader1024
{quote} Thanks . can you share the link if possible and do they give the source code.
Yeah of course! Send me a DM, I don't thin I can share the link here 'cause I'd get flagged.
  • #87
  • Edited 8:48am Dec 3, 2025 8:20am | Edited 8:48am
Not everyday is a winning day, o well, took my losses and moving on to the next trade. Happy with my MM.

Statistically, over a month there is 80% chance all will be very good! Statistics is the key to profitable trading.
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  • #88
  • Dec 3, 2025 8:59am Dec 3, 2025 8:59am
Quoting driven18
Not everyday is a winning day, o well, took my losses and moving on to the next trade. Happy with my MM. Statistically, over a month there is 80% chance all will be very good! Statistics is the key to profitable trading. {image}
By the way what instrument is this? That pricing isn't U.S. indexes. What do you usually trade?
Also, absolutely agree with you that statistics are key to profitable trading.
  • #89
  • Dec 3, 2025 9:14am Dec 3, 2025 9:14am
Quoting eadweardcap
{quote} By the way what instrument is this? That pricing isn't U.S. indexes. What do you usually trade? Also, absolutely agree with you that statistics are key to profitable trading.
This is Dow Futures 5 Min TF.
  • #90
  • Edited 1:05pm Dec 3, 2025 12:24pm | Edited 1:05pm
Quoting driven18
Not everyday is a winning day, o well, took my losses and moving on to the next trade. Happy with my MM. Statistically, over a month there is 80% chance all will be very good! Statistics is the key to profitable trading. {image}
...and here it is, my 3rd trade today..+200 points, 5 Min Dow Futures... all ideas that I am displaying here are the same as Initial Balance, except it is what I deem to be initial balance inside the trading day. It differs everyday.
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  • #91
  • Dec 3, 2025 12:58pm Dec 3, 2025 12:58pm
Today's trades. Closed some open positions from earlier in the week too.
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  • #92
  • Edited 2:53pm Dec 4, 2025 2:05pm | Edited 2:53pm
This probably will be my last post here, as I do not see much participation. Here is my fluent intraday "Initial Balance" for this trade, I do like to come in earlier then breakout of the box if I deem momentum on the downside is budling.

Will it be profitable? No one knows, but MM is deployed and statistically I will be around +15-20% this month.

Took 10 years to get here and the last 5 years I am + 100% per year with this technique.

The End. Cheers
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  • #93
  • Dec 8, 2025 1:12pm Dec 8, 2025 1:12pm
Today's trades closed.
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Last week and today's results. Choppy markets hitting stop losses.
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  • #94
  • Dec 9, 2025 4:04pm Dec 9, 2025 4:04pm
Just one trade closed today, missed a break out on Dow Jones (EA wasn't turned on on time)
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  • #95
  • Dec 10, 2025 1:41pm Dec 10, 2025 1:41pm
Jerome Powell helping me hit my targets today. All done for the day.
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  • #96
  • Dec 11, 2025 1:43pm Dec 11, 2025 1:43pm
Today's trades. All done for the day.
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  • #97
  • Dec 12, 2025 3:26am Dec 12, 2025 3:26am
What is your R:R? And SL is at the opposite end of the box?
  • #98
  • Dec 12, 2025 6:51am Dec 12, 2025 6:51am
Quoting MindWinder
What is your R:R? And SL is at the opposite end of the box?
The answer to both of those questions is: it varies and it depends.

My risk is higher than my reward, but with a high win rate I can afford it.
  • #99
  • Dec 12, 2025 10:23am Dec 12, 2025 10:23am
Today's trades. Nasdaq short didn't trigger. Don't know why. But anyways managed to get something from S&P500 and Dow Jones. All done for the week, here's this week's report.
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  • #100
  • Dec 14, 2025 12:48pm Dec 14, 2025 12:48pm
Quoting eadweardcap
Today's trades. Nasdaq short didn't trigger. Don't know why. But anyways managed to get something from S&P500 and Dow Jones. All done for the week, here's this week's report. {image} {image}
Hi, thank you for sharing your results and your approach. Do you also trade GBPAUD and CHFJPY for the breakout after the first hour of the NY market opens?
Thank you. Best regards
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