If you got value from this video make sure to like this video & subscribe for future updates! - Here is the live stream today that we caught this trade :) th-cam.com/users/live9ZwSUH8WjV4?feature=share
It looks good from graph point of view but you cannot catch opening price to take the advantage of that price movement all the time, either you will be open position at high or low so probability of making money from that move may be less than 67%. Another aspect is spread between bid and ask that will also work against you.
Hey thanks! My risk is defined as a daily loss VS a single entry SL risk So example - for Apex 25k futures account a daily trailing DD of 1500 is what they give you. So I divide that by half and play off the risk VS a single entry with a tight stop loss. Checkout my back testing videos under the live tab where I showcase how this works
The question is you told that “there is a 67% chance to return to the midnight open”,and then? When it came back? Remain the same 67% chance that will happen another time immediately after? Then,it will return to that midnight open after how much space moved ?
@@ACTrades so the first move thowards the midnight open on that 3 hours,if it happen during the day is counted as “yes” and if not during the day is counted as “no”?
@@nz8804 watch my bscktest livestream as I go into the risk management th-cam.com/users/liveYChvX3wp-90?si=pG57Gllq6e0q6jce Then make sure to watch my videos going over the model that may answer a ton of your questions
@@ACTrades but there are lots instead of contracts, how would you recommend average down (within the prop firm risk). Would you recommend the first trade 0.25% risk and then 0.5%?
@@AllInOne-rx9fp I can't tell you what to do. You have to watch my livestreams to understand the risk management of the model and then tailor it to your own CFD account with NAS.
Sound interesting do you trade apex/topstep ACC or you use yiu live ACC if you use future prop firm so please make a video to how to trade with 50k prop ACC
hey yes! But it would be impractical of me to make a video on how I trade 50k because it is my risk management not yours. Take the model and backtest it for yourself to find the right risk management that suits your data
If you got value from this video make sure to like this video & subscribe for future updates!
- Here is the live stream today that we caught this trade :) th-cam.com/users/live9ZwSUH8WjV4?feature=share
It looks good from graph point of view but you cannot catch opening price to take the advantage of that price movement all the time, either you will be open position at high or low so probability of making money from that move may be less than 67%. Another aspect is spread between bid and ask that will also work against you.
I'm really happy you think you have all of these assumptions with 0 actual credibility when I have in fact made plenty of money from this lol
very interesting. I appreciate the video!
Great value video brother. Keep them coming. how much do you risk on these trades if it doesn't work out?
Hey thanks! My risk is defined as a daily loss VS a single entry SL risk
So example - for Apex 25k futures account a daily trailing DD of 1500 is what they give you. So I divide that by half and play off the risk VS a single entry with a tight stop loss. Checkout my back testing videos under the live tab where I showcase how this works
@@ACTrades Interesting. Risking half the account (-750) per day ? Isn't it too much risk for just getting 25 points?
@@dragon98609 nope, as it is DCA vs single entry, again watch the live streams fully going over this
The question is you told that “there is a 67% chance to return to the midnight open”,and then? When it came back? Remain the same 67% chance that will happen another time immediately after? Then,it will return to that midnight open after how much space moved ?
No - this data is only for the move to midnight open between 0800-1115am EST
AFTER it makes that move idc about the rest of the day
@@ACTrades so the first move thowards the midnight open on that 3 hours,if it happen during the day is counted as “yes” and if not during the day is counted as “no”?
@@ACTrades and another question,if it doesn’t came back to midnight open,when you take the “loss”?
@@nz8804 watch my bscktest livestream as I go into the risk management th-cam.com/users/liveYChvX3wp-90?si=pG57Gllq6e0q6jce
Then make sure to watch my videos going over the model that may answer a ton of your questions
@@ACTrades the big daily candle indicator that you based of,is based on midnight open as an open? Or is simply the daily candle that open at 6 am?
Have the same data..but I got 68% ...
it will fluctuate depending on the TradingView plan you have and of course every day that goes by adding more data
68% is still really good
Brother, if you want to use this on nas100(indices), what adjustment should I make? Please respond and I'm on the verge of quitting
NAS is the same as NQ
@@ACTrades but there are lots instead of contracts, how would you recommend average down (within the prop firm risk). Would you recommend the first trade 0.25% risk and then 0.5%?
@@AllInOne-rx9fp I can't tell you what to do. You have to watch my livestreams to understand the risk management of the model and then tailor it to your own CFD account with NAS.
Sound interesting do you trade apex/topstep ACC or you use yiu live ACC if you use future prop firm so please make a video to how to trade with 50k prop ACC
hey yes! But it would be impractical of me to make a video on how I trade 50k because it is my risk management not yours. Take the model and backtest it for yourself to find the right risk management that suits your data
@@ACTrades well it will be vary helpful for us ( one who's getting started with future prop firm) if you share how you trade it 🙂 with this indicator
Data Doesn't lie. #CAMEALONGWAY.
Absolutely bro 🤟