dailychartist
2.7K posts

dailychartist
@dailychartist
Sim-funded trader. Now almost exclusively just trading/scalping Nasdaq futures & CFDs. $NQ #NASDAQ Hodler of $VET $WOO $BTC.
Katılım Eylül 2018
463 Takip Edilen194 Takipçiler

@breakoutprop You folks considering offering markets other than crypto?
English

If you're funded anywhere right now, two questions worth asking before your next payout:
1. Can you withdraw on demand, or only in windows?
2. Does your money leave their account when you request it, or sit "pending"?
Pending is where payouts sit when they can be cancelled. Many learned that the hard way this week.
English

@KrysAlpine You have some wicked trade selection skills if you have more than 50% of your trades hitting targets within 10 secs. That's a good problem to have, buddy
English

@L2WTrades Makes a lot of sense in HTF ranging market. Worthy of some study. Thanks
English

go pull up the 6AM candle on your chart right now
this one candle predicts the entire New York session direction
and almost nobody uses it
a guy in my discord called 14 out of 15 trading days correctly last month using only this
here's the exact system:
THE 6AM REVERSAL SIGNATURE:
at 6AM EST, institutions show their hand
they either:
- push price into a key level (reversal incoming)
- expand away from a level (continuation day)
the 6AM candle tells you WHICH
STEP 1: mark yesterday's high and low
STEP 2: at 6AM, watch where price trades relative to those levels
STEP 3: if 6AM sweeps a level but CLOSES back inside the range = reversal day
STEP 4: if 6AM expands and closes BEYOND the level = trend day
that's it.
EXAMPLES:
6AM sweeps yesterday's high, closes back below it → sell the rip at 9:30
6AM sweeps yesterday's low, closes back above it → buy the dip at 9:30
6AM breaks high and closes above with momentum → only look for longs
most traders show up at 9:30 with no bias
they're "reacting to price action"
aka gambling
smart traders showed up at 6AM
they already know the direction
the 9:30 open is just their entry window
THIS IS THE EDGE:
institutions set up the move between 6-9:30
retail shows up at 9:30 and provides the exit liquidity
you can either BE the liquidity
or you can TAKE the liquidity
the 6AM candle tells you which side you're on
go backtest it. 30 days. track the results.
you'll never trade blind again
English

@I_Am_The_ICT At least it erased the confusion on which side gets raided first. 11:50 macro was the telegraphed move.
English

@kap_jones Care to elaborate on the last sentence? Aren't unfilled orders (inefficiences) inside gaps a form of liquidity?
English

@cypherpunkNFT @NHSMillion Nothing about race. We are seeing this in real time in Japan which is having to revise immigration policies to support its aging popn. Western immig policies have been data driven i believe. That said, there has to be humane controls & enforcement to minimize illegals.
English

@dailychartist @NHSMillion Hold up, you agree with the immigration comment from the original poster? Do you think white europeans and brits specifically are an inferior race or class of people incapable of maintaining their own medical industry?
GIF
English

@cypherpunkNFT @NHSMillion Fair. Saw you on my feed after a long long time & overreacted. Will check the discord, which i've totally forgotten about. Fwiw, i partially agree w/ OP.
English

@dailychartist @NHSMillion Very dismissive and manipulative way to force a conversation by stepping on the back of a dire political issue - good sir.
You could join the discord community to find out what the new website address is. That would take some small effort. Attacks don’t.
URL fix soon! God bless
GIF
English

@cypherpunkNFT @NHSMillion Thanks for typing all that in, good sir. But do you have an actual answer tp my question? Thanks
English

@dailychartist @NHSMillion Dishonesty > Ad hominem > Denunciation > Dehumanization > Atrocity. This is exactly the kind of dishonest instinct that has fueled some of history's darkest chapters.
England would be fine without being conquered by immigration and they wouldn't have Muslim Rape Gangs.
GIF
English

$BTC could be set for more weakness. Viewing these intra-day impulse rallies like yesterday as bull traps. Eyeing that 98,200 level. If that breaks, 92k.
Also, $DXY down trend is wavering and looking like it's at a reasonable area for a bottom. Godspeed to our #altcoin bags 😭


English


@the5erstrading @VClouette Is there a way to preview the trading platform you use?
English

@VClouette The5ers futures is 25k for $59 with no activation fee.
English

@physeckks @the5erstrading These firms will find ways to nitpick as the prop industry goes deeper into "bear" territory. The5ers, one of the supposed greats, is feeling the crunch is my guess.
English

My experience with @the5erstrading
wanted to document my experience with the firm, so anyone can go over it and draw their own conclusions.
Over about four months, I passed The5ers' two-phase High Stakes evaluation and traded the funded account up to a $3,000 payout. I requested that payout on June 4th. Roughly two weeks later, it was denied and my account was terminated. The reason they gave me was that during the risk interview, I hadn't disclosed my earlier use of an Expert Advisor, an open-source position-sizing calculator.
It's worth being clear about what that tool actually is. The5ers' own support confirms that on a High Stakes account, a position-sizing tool that sets your lot size and lets you drag visible stop loss and take profit levels is permitted, as long as it doesn't copy trades, or run other restricted automation. Its not prohibited software.
As for the interview itself, I was asked how I execute my trades, and I answered honestly that I trade from my phone, which is how I'd been trading throughout the funded account. I wasn't asked about the methods I'd used on earlier evaluation attempts, and I didn't think to mention a tool that I had stopped using from months earlier, because it didn't seem material to how I was trading at the time. The firm treated that as a failure to disclose. One can reasonably argue I should have volunteered more. But the tool was permitted under their own rules so what this really comes down to is a disclosure judgment about a permitted category of tool. The response to it was anything but proportionate, and that's the part I find hardest to accept.
The way it was handled only made things worse. I requested the payout on June 4th and my risk interview was scheduled for 2 weeks after, a day after which the termination notice arrived. Every request I made for the specific evidence behind the decision went unanswered, the risk team took days to reply and said little when they did. A clearer explanation didn't come until 19 days after my payout request. After a lot of back and forth with the risk team I got an opportunity to get on a call again, the only question they asked was whether I'd used an EA which I answered directly, and I even showed them where the tool came from because I didn't have it setup on any of my devices. No other discrepancies were brought up during the call.
To make matters worse, now that the account is closed, I can't review my own execution data at all. Only their risk team can see the logs the decision rests on. So I've been left in the position of being told my trading history contradicts what I said, while having no access to the very data they're citing, and no reliable way to reach the people who hold it.
When I add it all up, this is what it came to: a terminated funded account, a denied payout I had earned, no refund of my evaluation fees and, above all, 5 months of wasted time.
English

@TradeDadLog The most effective intervention i found against this behavior is a time-based approach to trading especially if you trade really low time frames. Check your data and see which hour of the day/sessions you find most setups and trade just 1 hour per day/session.
English

Right now I feel like shit.
During Asia I made $4k across 5 accounts ($20k total). I only needed 4 more minimum days to request $2k from each account ($10k total payout). I was genuinely happy. I even told my wife I was done for the day, that I wasn’t going to touch the charts anymore and that I was just going to secure the payout with the minimum profit per day. A few hours later I opened the chart again… and blew all 5 accounts.
I knew there was no reason to keep trading But I still chose to open another trade. No one forced me. No one put a gun to my head. I did it to myself.
I’m tired of repeating the same mistake. I’m tired of having the discipline for a few hours and then losing it completely. This one hurts more than usual because I was so close… and I threw it away with my own hands.
I should’ve just blocked the accounts like I said I would.🤦♂️🤡

English
















