How's trading going Padu?

Discussion in 'Trading' started by Darc, Dec 12, 2024.

  1. Darc

    Darc

    Did you finish the Brooks video course? Did it help your Trading alot? 59 hours of Content.

    Please be kind Folks. ET is Padu, Padu is ET.
     
  2. Darc

    Darc

  3. Zwaen

    Zwaen

    One should - for fun - feed the Brooks books into an llm and ask for a brief and clear summarisation
     
  4. padutrader

    padutrader

    no i am not that fast.

    the section on gaps and market cycle were really helpful to me.

    but it took some time to really understand what he was saying and i had to go back 2-3 times.

    i think going back really helps.

    also the module on outside bars and how to read and trade them was pure cash in bank.

    earlier i used to hesitate to enter on big fast moving spikes but after i went through the videos i got convinced that it here that the easier money was.

    i now stopped trading in those narrow ranges -Brooks says in the videos -that it is a no trade zone.

    my days of big losses were reduced almost to nil

    in the books he says everything is tradeable and should be traded.

    i also find the books easier to understand: but i think 90% of the books cab just be not put into practice and you will still make descent living.

    yesterday i started trading just after the news and in the next 3 and half hours made 1400 approx.

    so more than how to trade what patterns to trade it is WHEN TO TRADE
     
  5. Hello padutrader,

    Try to make trading easy for you to understand for yourself.
     
  6. volpri

    volpri

    Narrow ranges. Tight channels. Limit order market ONLY.
     
  7. padutrader

    padutrader

    yes even though i know it, i do not like to do it, if the range is 1-1.5 pips tight.

    nowadays i do not have that strong urge to trade for sake of trading and i generally enter on market orders, although i like to scale in with limit orders
     
    Darc likes this.
  8. Sekiyo

    Sekiyo

    Finally got funded ? Withdrawing real money.
     
  9. padutrader

    padutrader

    no still learning.

    withdrawing money from market is very difficult in day trading . i lived off my profits for 3 years trading local stock futures and delivery based position trading holding for 4 months at a time, during the 2003-2007 bull.

    but blew my account in 2007-08, not in the fall, but in the distribution phase before that. Did not have a clue about trading but just knew market bias was up
    but i should have got his video course a long time back.

    i have lost funding about more than 10 times. You really have to close to perfect in TST to keep funding account. I do not know how many do that successfully with their tight drawdowns targets
     
    MACD and Darc like this.
  10. wxytrader

    wxytrader

    Couldn't imagine spending 3 and 1/2 hours trading...day after day. Not worth $1,400.
     
    #10     Dec 12, 2024