First trade for me was a loss , so I doubled up on second trade to even out, then next trade was in and out in less than 60 seconds . Love it bro thank you again !
So the thing about risk is that everybody has a different risk tolerance. Yes there are times when the market gets volatile and a signal is printed with the entry price far away from the profit wave. That's where you as a trader have to decide if you are comfortable with that amount of risk. If you are not, then you can skip the trade all together, or if the price pulls back decide if you want to get in with a better entry price. If you choose the latter, make sure to backtest to understand how it works for you.
Guys, please keep comments. Respectful, I will start deleting comments. We are all here as a team to help each other learn and be successful. The amount of times these metrics will hit five Points on the one minute time frame frame out ways the losses. Also remember you can hold trades longer than 5 points and capitalize on bigger gains as well which will offset losses. This is just my personal strategy. Not financial advice
@@bsudz Oh, hmmm... I must have missed that. I just remembered he trades with 2 contracts for 5 points. That's $200 per win. If there were 10 wins that's $2k. But I may have misunderstood what he was saying. But I'm with you, $10k would be nice 😁
If you're using a 50k prop firm account then he recommends to trade with 5 micros on the MNQ. If you're using a 150k prop firm account then 2 minis on the NQ is the preferred starting size.
Correct and during that timeframe it's in the window that I don't like to trade as well so you did good for waiting on that trade. There were plenty of other ones afterwards. Well done
It did hit the 5pts to the tick, I was in that trade and luckily got filled, but there are times when that happens where you may not get filled. When that happens to me, I move my stop to break even so I don't lose money because I didn't get filled when I should have.
Also something to add was that there was news that dropped at 9:00 cst so those couple candles were most likely a reaction to that. I stay away from red news events but other events like this one, I do trade but am quick to move to break even because price could just be from a quick reaction and then turn on you.
I would recommend to skip trades with an entry too far away from the wave. In addition the move you were talking about came right after 10am news. So be careful there and wait for smaller risk signals. There are still plenty every day.
Same here for me. I had a 3 tick slippage on the entry which is exactly what was short for the win. But every trade afterwards won solidly so I shut down with 440 for the day. Yesterday. I went 640 in the hole on two trades only to make it all back. Yes, we will have an occasional one that does not profit, but the win/loss ratio is so strong, the losses are covered. My struggle is i watch price action at the same time and some entries make no sense. They end up winning anyway. So there is something the metric is seeing that to cause the entry. Learning to trust the system and not over think it.
![ตีสิบเดย์ [FULL] | เปิดใจ "อาจารย์ เบียร์ ฅนตื่นธรรม" นักสนทนาธรรมสายดุดัน!](http://i.ytimg.com/vi/vqaBI_mnoDk/mqdefault.jpg)
![Easy Futures Scalping System [ +$200 in 47 Seconds ]](/img/n.gif)
Made 1225$ on my pro account today 🎉
Fantastic job today! You're amazing!
Let's go Justin another awesome day 😊
First trade for me was a loss , so I doubled up on second trade to even out, then next trade was in and out in less than 60 seconds . Love it bro thank you again !
You're very welcome. Great job trading today!
6 for 6 $500 Profit NQ 2 Contracts 7-10 Pacific.
Hi Justin,
for 50k account what is the right position size would you recommand? can we do 1NQ or 5MNQ?
Thanks,
What’s the recommended stop loss for 5 points?
is there anyway they can make a version for nt8?
I recently started using your indicator and strategy.
Which broker do you recommend? I live in Switzerland.
Keep up the good work.
I personally use Take Profit Trader for my prop firm accounts who use tradovate as the broker.
I think most use prop accounts like from Apex and others. Greetings from Germany
@@mariojahn8219 Danke Mario
8-0 this week!
Lots of 5 point wins for sure. Let’s discuss the risk if something goes against us…..
dude, if you can't accept risk on 20 dollar prop account and want a holy grail which does not exist, please, trading isn't for you.
@@ViksterG Some are not trading video game prop accounts and using real money
So the thing about risk is that everybody has a different risk tolerance. Yes there are times when the market gets volatile and a signal is printed with the entry price far away from the profit wave. That's where you as a trader have to decide if you are comfortable with that amount of risk.
If you are not, then you can skip the trade all together, or if the price pulls back decide if you want to get in with a better entry price. If you choose the latter, make sure to backtest to understand how it works for you.
Guys, please keep comments. Respectful, I will start deleting comments.
We are all here as a team to help each other learn and be successful.
The amount of times these metrics will hit five Points on the one minute time frame frame out ways the losses.
Also remember you can hold trades longer than 5 points and capitalize on bigger gains as well which will offset losses.
This is just my personal strategy. Not financial advice
You have to keep your metrics in check. Pick trades with smaller SL's and skip those on extented and larges candles.
$200 x 10 is $2,000. But yes, very impressive 😊
Sorry did I get my math wrong. Yes still very impressive
heh, I think he meant to say $1000 as he was saying 50 points with 1 contract..But I like where his head was at, 10k would be great!
@@bsudz Oh, hmmm... I must have missed that. I just remembered he trades with 2 contracts for 5 points. That's $200 per win. If there were 10 wins that's $2k. But I may have misunderstood what he was saying. But I'm with you, $10k would be nice 😁
What determines how many contracts you do on NQ
Depends on your take profit account size 50k equals 5 micros 150k equals 2 minis
Risk management is everything
If you're using a 50k prop firm account then he recommends to trade with 5 micros on the MNQ.
If you're using a 150k prop firm account then 2 minis on the NQ is the preferred starting size.
Hii Justin..
Today I bought the indicator.
I want to use 50k account & what contract size should I start with?
Do u have any discord?
How do see the count down till the end of a candle?
Right mouse click on the price to the right of your screen and enable the section that says countdown.
Right click on the price scale and check the option that says Countdown to bar close
I have the metrics loaded but it does not give signals …. Seems to be there is some bug…..
Make sure your candle type is set to Heikin Ashi
Please reach out to me and I will help immediately.
@@bsudz oh thank you so much … it fixed the issue
@@Myfuturesuccess thanks … i changed the candle type to heiken aishi and it fixed the problem
I skipped the first long, since the risk was roughly 50 poiints. So risking 50 to make 5 is not very smart imo. There were still enough better setups.
Skipping trades that you are not comfortable with is great risk management! Congrats on not letting the market tempt you!
Correct and during that timeframe it's in the window that I don't like to trade as well so you did good for waiting on that trade. There were plenty of other ones afterwards. Well done
The buy signal at 9:02cst did not hit 5pts for me. Ended up loosing 34 pts. Huge loss.
It did hit the 5pts to the tick, I was in that trade and luckily got filled, but there are times when that happens where you may not get filled.
When that happens to me, I move my stop to break even so I don't lose money because I didn't get filled when I should have.
Also something to add was that there was news that dropped at 9:00 cst so those couple candles were most likely a reaction to that. I stay away from red news events but other events like this one, I do trade but am quick to move to break even because price could just be from a quick reaction and then turn on you.
I would recommend to skip trades with an entry too far away from the wave. In addition the move you were talking about came right after 10am news. So be careful there and wait for smaller risk signals. There are still plenty every day.
Same here for me. I had a 3 tick slippage on the entry which is exactly what was short for the win. But every trade afterwards won solidly so I shut down with 440 for the day. Yesterday. I went 640 in the hole on two trades only to make it all back. Yes, we will have an occasional one that does not profit, but the win/loss ratio is so strong, the losses are covered. My struggle is i watch price action at the same time and some entries make no sense. They end up winning anyway. So there is something the metric is seeing that to cause the entry. Learning to trust the system and not over think it.