Risk management depends on follwing criteria **Trade types** Scalps (Right or right out!) Intraday Area of Interest Trades Intraday Trend Trades (Typically day holds) **Account Size vs $ Risk** Evaluation Accounts Funded Accounts Cash Accounts **Risk Tolerance** How much risk can you mentally tolerate What sorts of PNL swings can you tolerate **Rules** # of losers before you shut it down Trading times $ Targets Leveraging trades
I want to join your room, but with the holidays coming, the market will be slow. Could you offer a trial until January 1st and I will 100% pay? Let me know
Hey Alex! Unfortunately with our new auto discord role system (payrole.io) I can not give out individual trials. That being said…we are going into the holiday season, you won’t be missing much of anything. Trading slows down. I might pop open a 1-2 week trial in the new year when the market picks up a bit. Thanks for the comment! Happy holidays if we don’t chat before then.
07 decembre : hey LPR I observed today that the market is rising without dirty hight how can I know that the market will continue to rise without this ? It gives failure to acceptance higher but continues the rise
Great question! At some point the market is going to want to continue higher or lower fulfilling the prices of other timeframe buyers/sellers". I like to trade TOWARDS dirty highs and dirty lows after having complete 3/3 highs or lows. Do not get in front of a trade until it has printed clean highs/lows and it gives you a setup to enter!
@@lprtradinggroup ok thanks LPR yes to confirm your idea I took a reversal short of 86 to reach the 81 dirty low zone as well as the 79 vwap and I was well paid it was the big retracement of the day. Thanks friend for all ❤
Risk management depends on follwing criteria
**Trade types**
Scalps (Right or right out!)
Intraday Area of Interest Trades
Intraday Trend Trades (Typically day holds)
**Account Size vs $ Risk**
Evaluation Accounts
Funded Accounts
Cash Accounts
**Risk Tolerance**
How much risk can you mentally tolerate
What sorts of PNL swings can you tolerate
**Rules**
# of losers before you shut it down
Trading times
$ Targets
Leveraging trades
what do you use for ticks on your Renko bars for the YM and NAS?
Was just thinking this exact thing. Slow and steady wins the race! 🐢 🥳
The turtle! 💯
💪🏽🔥💯
Thanks for the comment!
Thanks
You’re very welcome! Glad you enjoyed! Thanks for the comment.
I want to join your room, but with the holidays coming, the market will be slow. Could you offer a trial until January 1st and I will 100% pay? Let me know
Hey Alex! Unfortunately with our new auto discord role system (payrole.io) I can not give out individual trials. That being said…we are going into the holiday season, you won’t be missing much of anything. Trading slows down. I might pop open a 1-2 week trial in the new year when the market picks up a bit. Thanks for the comment! Happy holidays if we don’t chat before then.
07 decembre : hey LPR I observed today that the market is rising without dirty hight how can I know that the market will continue to rise without this ? It gives failure to acceptance higher but continues the rise
Great question! At some point the market is going to want to continue higher or lower fulfilling the prices of
other timeframe buyers/sellers". I like to trade TOWARDS dirty highs and dirty lows after having complete 3/3 highs or lows.
Do not get in front of a trade until it has printed clean highs/lows and it gives you a setup to enter!
@@lprtradinggroup ok thanks LPR yes to confirm your idea I took a reversal short of 86 to reach the 81 dirty low zone as well as the 79 vwap and I was well paid it was the big retracement of the day. Thanks friend for all ❤
You’re very welcome!