Killed it again. My second biggest trade ever (in $, not pips/points). If anyone was considering quitting trading, I hope these videos put the bounce back in your step. I don't care if anyone believes it's not real, I know it is and that's all that matters. I make these videos to inspire others (not impress, I don't even know you people so why would I care, but I'm a good person at heart and I like to inspire/motivate). I was once in your shoes, thinking it might not be possible. Just keep working, it will come.
Risk = $50,000
Stop 10 points
1st target 10 points, half off = $25,000 (which makes the risk break even).
Ended up taking $22,500 from 1st target
2nd target = $50,000
Ended up taking $37,000 from 2nd target, because PA was looking as if it didn't want to reach my target (turns out I was correct, target wasn't reached, and it pulled back 7 points from where I exited at 1920)
Pro tip: highest probability trades come from trading TODAY where you think price will be TOMORROW, not 15 minutes from now or even a few hours from now. Yes, you can make money that way, but the odds aren't as great (less volume is backing the move), and you will need to be much more precise. If the trade happens to move TODAY to where you think it will be TOMORROW, that's just the cherry on top (like what happened to me today, it happened much quicker than I thought)
Only 11 weeks ago I had $210,000 to trade with.
Which took me 5 years to earn, from $5,000 (Rags2Riches)
I hit a $90,000 trade in GBPUSD in early February (4170 to 4620) and that launched me into a whole new universe, as I started trading with SERIOUS size. When March rolls around I will scale down again, until I build a new profit cushion for the month.
Now, I have $613,000... $321,000 profit in February alone.
This is the result of the best two months of trading ever (and February is 5x better than January was, I wasn't trading the serious size then), coupled with scaling up my trade size to levels I thought would take me many years to reach.
USD trades 2.3 trillion a day, EUR trades 900 billion a day, YEN trades 600 billion a day, GBP trades 400 billion a day.
AUD, CHF, SP500 and 10 year treasuries trade roughly 200 billion a day. These are the 8 largest markets in the world (to my knowledge)
Anyway enjoy the video. Hope it's inspirational.
Risk = $50,000
Stop 10 points
1st target 10 points, half off = $25,000 (which makes the risk break even).
Ended up taking $22,500 from 1st target
2nd target = $50,000
Ended up taking $37,000 from 2nd target, because PA was looking as if it didn't want to reach my target (turns out I was correct, target wasn't reached, and it pulled back 7 points from where I exited at 1920)
Pro tip: highest probability trades come from trading TODAY where you think price will be TOMORROW, not 15 minutes from now or even a few hours from now. Yes, you can make money that way, but the odds aren't as great (less volume is backing the move), and you will need to be much more precise. If the trade happens to move TODAY to where you think it will be TOMORROW, that's just the cherry on top (like what happened to me today, it happened much quicker than I thought)
Only 11 weeks ago I had $210,000 to trade with.
Which took me 5 years to earn, from $5,000 (Rags2Riches)
I hit a $90,000 trade in GBPUSD in early February (4170 to 4620) and that launched me into a whole new universe, as I started trading with SERIOUS size. When March rolls around I will scale down again, until I build a new profit cushion for the month.
Now, I have $613,000... $321,000 profit in February alone.
This is the result of the best two months of trading ever (and February is 5x better than January was, I wasn't trading the serious size then), coupled with scaling up my trade size to levels I thought would take me many years to reach.
USD trades 2.3 trillion a day, EUR trades 900 billion a day, YEN trades 600 billion a day, GBP trades 400 billion a day.
AUD, CHF, SP500 and 10 year treasuries trade roughly 200 billion a day. These are the 8 largest markets in the world (to my knowledge)
Anyway enjoy the video. Hope it's inspirational.
Inserted Video
Be hopeful in a winning position, and fearful in a losing position.
What indicator do you use? Bands
