• Oh my god, I’m not so new trading well I started in 2014, but I realized I’m so behind and now have a couple points to focus on. Gabrielle, that is very impressive, well done. I love you energy, You deserve it because you clearly put in the work. Take care Gabrielle, thanks TierOneTrading for puting up a great session

    • *your

  • Darren Oglesbee changed their profile picture 2 years, 1 month ago

  • Darren Oglesbee posted an update in the group Group logo of Pro Trade LogPro Trade Log 2 years, 10 months ago

    New Pro Trade Log Display

    • Ok, Akil the Netflix chart and explanation was crazy for me the sellers and the buyers. I mean I always hear you saying think like another trader and I will say yeah I get it but to find out that I was not getting it as much as watching you on the Netflix chart a light just went on and bright, and a smile and had to rewind it so that I can hear you explain it again and again. and asking myself so what have you been doing all the time when you trade, and thinking oh yeah I know it and I get it but you did not. So you come in a training for 3 days and you say I know what he will talk about and something like this comes up and you’re in a new level, only cause you were in a training and around good mind. it’s true you never stop learning in life. thanks, and sorry for going on and on

    • GREAT content!! Thank you for sharing your knowledge. Is the back testing spreadsheet only available for members?

    • I have been there! it is an amazing place and very under valued.

    • Many thanks TierOne Team. Great content. Its been 5 years since I started by trading journey and for the first time I see the light at the end of the tunnel 🙂 Process over Outcome..Pick One..Master One..Trade One..Tier One!!!

    • As always awesome event! Many thanks guys for all your effort, I learned a lot and refreshed what I already knew 😉 you are the best!

    • The amount of value that you folks provide for free is just breathtaking. There just aren’t many people like you in the industry. I really look forward to working with you soon!

    • Best things to do for a uni student (little spare income) who see’s themselves being a trader in the future instead of what their degree allows them.

    • Need more tutorial on signals and candlesticks

    • why is volume the most overlooked indicator in forex . It is the only indicator that is real-time and not lagging

    • My initial question: there is a lot discussed about managing risk with money management being a significant element of success. Comments are made about enteing a trade with e.g. 2% of your trading account, if one happens to be at a level where one is after experienced enough to work with a fairly large trading account, e.g. £100,000, does one literally have to have £100,000 in the trading account? I am very wary of Brokers and evening UK based brokers coviby the FCA are only coveted for risk up to £80,000. Besides it seems to me crazy that a very large proportion of your account money is effectively dormant. If one had say 10 X 2% trades in play at any one time that would be 20%, so one would have £80,000 sitting idle. The what one might call ‘breathing room’ money would allow flexibility in the account for a drawdown period, but surely a drawdown period would not decimate the account by more than 20% (what could one expect as a realistic or likely drawn down?) If one had a 20%drawdown and had 20%in play then on a £100,000 that would still leave £60,000 ‘idle’ and arguably at risk with a broker. Could one therefore, in the foregoing scenario, work on say a £50,000 Trading Account and work on a 4% risk per trade, holding the other £50,000 of the account in reserve in perhaps a safer and perhaps even income generating place or does one literally have to have £100,000 parked into your account with a broker? I assume the question is about getting a margin call but sure trading in just 2% trades with maybe just at the most 10 trades in play at any one time with a £100,000 account, matters have got beyond disastrous if one has a margin call on the account. I am sorry for submitting what may be one of the longest questions but this has been something that has been playing on my mind for some time, Ralph

    • Good question from David a short while ago about Volume Indicator on Forex, I read a book about using volume analysis as a key indicator in trading strategy yet almost everywhere else it seems to be ignored, what is your view on volume as an indicator, would welcome some discussion about this area…

    • What kind of detail do you go into when breaking down and analysing back testing data? As an example. Only Trading a bat pattern on eur/usd, 60 min, short, 10.00-14.00 for 1 target,15.00-17.00 for 2 targets jan to mar and sept to dec.
      Or would this be a case of over analysing your data and keeping the break down far more simple?

    • Would love to hear more on how you journal trades you have taken? What information you record? And how you use this to improve future trades?

    • Hi Jason,

      thank you for your great offer. I’m interested in:

      – Samplesize in Backtesting (Sample Error, Vaiance). How many Trades to confirm a filter?
      – Trading statistics. What values do you track ?
      – Money Management. How to tune your system

    • How do you analyse all the markets to find your trades? Do you just go through each pair one at a time looking at the charts or do you firstly look at fundamental analysis or something else to know which pairs to look at for the day/week? Do you mark out all your trades for the week at the start of the week and then watch them play out into the killzones?

    • Any technique for picking up market/pair, without testing one edge over 28+ pairs?
      And some tips on building edge actualy..

      • Also good question that I see in one of the comments and also bothers me”
        -How to manage corelations and should we pick only one of the choosen pairs to trade at a time?

    • What is the best way to determine when your strategy is ready for live trading? For example, how much back testing and how long should you spend with it on a demo account? Sometimes I find myself endlessly back testing and never actually going live with a system!

    • What is the best approach for swing trading fx markets with a full time job? And I really want to be a swing trader what methods do I approach it with and how do I go about backtesting it

    • Hey Tier One Team.

      Can you please discuss trade selection process and how professional traders go about this. I have a daily process that involves looking at 8 currencies across 25+ pairs (i do not trade this many pairs) and scoring them accordingly. This allows me to select the pairs that will likely move the most in the current market conditions or potentially cut/exit a trade if the conditions become unfavourable.

      -How do Tier One go about this process of selecting which pairs are strong in the market and which pairs are weak in order to increase the potential odds of a good outcome.

      I feel trade selection process is one of the lesser discussed topics but has had a dramatic impact on my trading performance.

      Thanks

    • – Working strategy on D1
      – Working strategy on H4
      – Stoploss positioning
      – Money management

    • Akil and Jason really appreciate what Tierone is doing. My question is why not give retired people interested to be traders a very good discounted rate to become members of TIERONE. This discount i am requesting for overseas interested would be traders from developing and third world countries.Due to exchange rates we are not able to become members.

    • I’ve always been confused about this. If you have a rule of 2% risk per trade, how many trades should you have open at once? Is the answer as simple as “what ever you decide and feel comfortable with”? How many trades will you open at once?

      Example: 2% risk open on USDJPY, 2% risk open on AUDUSD. If I see two other pairs with a setup that meets my rules do I risk another 2% on each?
      What’s the recommended total open trade risk percentage?

    • 1. How do you manage being a family man (men) and having a schedule aside for trading.
      Sometimes I find myself guilty being away from family and I would like to k ow how do you and Akil do it all year round?

      2. When backtesting a strategy would it be best or possible to backtest one timeframe of at least 3 timeframes?
      I asked because my strategy I use minimum 3 timeframes.

    • Backtesting… I’m missing the drive it takes to relentlessly backtest for months.. I will go for a week or so then life sidetracks me.. but had I stayed the task my backtesting would be done now.. insight on this would be great thanks again guys!!

    • What advice could you give for beginner traders? What should we focus on?
      How do you build a trade plan?
      In your personal trading journey, what were the bumps that you encountered and what did you do differently that made you become consistent and profitable traders?

    • I am currently trading too many pairs, I feel like I will miss an opportunity without a lot of pairs to trade. I seem to be unable to cut pairs. What process should I use to go about ‘culling’ my pairs from 10 to a manageable few.

    • I was wondering if you have any tips on how to back test a strategy using multiple timeframes (daily, h4 and h1)?
      I hear a lot on your podcasts and videos to check the daily chart for defining the trend and major supports/resistances, then go down to trading timeframes to execute the trades.
      I’ve been practicing forward testing a strategy based on this principle (which I like and work with my schedule) but was unsuccessful back testing it as changing timeframes will stop the bar replay. Do you have any suggestions? Thx, looking forward to the event.

    • Thanks guys for everything, I have been following your videos for a while, very informative. My first question: what would you tell a younger novice Akil or Jason that you would have done differently when you started trading?

      Second question: what is mostly overlooked in the journey to being a profitable trader, supposing all the boxes are ticked in preparation, how do you know you found an edge in the markets?

    • I would like to know how do you trade breakouts and head + shoulder pattern.

      2. Is volume useful in fx trading?

      3. What are the best confirmation prior to enter a brekaout?

    • Hello , First of all thank you for this great opportunity for scheduling the event ,my question is as a novice trader i don’t have much initial capital to trade in forex so in order to make some money i started to learn the binary options which semms very easy but actually not it tested my nerves i had one year full time experience in BO my only goal is i want to stay in trading carrier only and need to earn money the only way with limited capital i found BO platform is the best and i am trading as my own no mentors,the only source i have is internet with that i have learned a lot,BO is for temporary source that i want to take money out for forex investments to be professorate in trading carrier ……Is my approch is correct or not ? Please help with some feedback,thanks in advance

    • Greetings, recently you change your portfolio based on its performance. How you come to that decision and how long should you stick to pairs considering you’ve spend countless hours backtesting them. Cheers

    • Ideas on:
      Funding an account
      Working for a prop firm
      Building a stong track record
      Creating consistancy
      Psychology of trading
      Building a support group

    • For a swing trading strategy, that is: the Higher Timeframe is the Daily Chart and the Trading Timeframe is the 4H Chart, how much data would you recommend to backtest? 1 year of data on each pair, like whole 2006 on all pairs?

      If your answer is going to be more than a year, say 2, would you recommend doing like 2006 + 2007 or rather 2006 + 2016?

      Thanks you very much for this event!

      I’ll see you soon on the platform, more specific in December, I hope I get to do an accountability session with you guys, really looking forward to it! Furthermore, as soon as I start moving my life to a full time trader, my membership will definitely be always active.

      Thanks again!

    • What is the best way to manage risk to reward so that your account grows in a healthy way without violent swings?

    • How to decide that X leg is valid?

    • a step by step guide to professional back-testing

    • Thank you guys so much! You’re doing a great job.

      How should backtest the graystone continuation method. Should I first backtest 1st chance entry? Or I can backtest 3 chances at the same time? Best regards

    • Hello, do you think that Elliott wave theory can be combined with Harmonic patterns?

    • Jason, why so much focus on strategy? My understanding and research indicates that successful trading is based on 60% Psychology, 30% Position Sizing and just 10% Strategy, (and a large part of that 10% is about consistency!) Yet throughout the internet there is So much focus and discussion on strategy. Your videos and others go into great depth about technical analysis and particular ways of determining direction and how long that direction may last, but this seems disproportionate to the point that psychology, position sizing and consistency play such a critical part and arguably are of much greater importance. What is your view on this? I cannot imagine what such videos about psychology and position sizing might look like, but I guess they would not look as ‘sexy’ (for want of a better word) than technical analysis?

    • Jason, I don’t understand the part that Leverage plays in Forex. Risk management is stated as critical and I would think that leverage goes against this principle? Where is leverage used and by whom ? Do you use leverage? I believe that US regulations have tightened down on the level of leverage that brokers allow? Surely a broker would have to check the credit worthiness of a trader before allowing leverage? Its just an area that seems so odd and is not discussed anywhere… It might seem crazy but I imagined that I would inadvertently trigger high leverage and land myself in trouble; but I guess a margin call would be made way before my account blew up?? Just don’t get leverage!

    • Jason,

      do you use alternative time frames, e.g H6, H8 or H12?

    • I have problems with structure based trade in reagrds of: a) what to look for so I can build a trading plan

    • I find most of my trades get stopped out and then go the direction originally anticipated. Should I just adjust my stop loss and size? How can I work on timing of entry?

    • I am doing a short term trade on 15mins chart for xau/usd. Sometimes the moves are very fast and the trade is missed. Is there a way of knowing the start of the move based ie on ATR or other parameters?

    • Hi Jason,

      I am interested in:

      – how many filters do you use when you backtest new strategies?
      – how do you adjust your money management?

    • Why is so dificult to excute the real trading like the backtest results.? (the psychology reasons behind)

    • Hi, I would like to know,

      1) What are your books recommendations for risk and money management in trading?

      2) What is your best practice to keep track of your profits and losses for tax purposes? Are you taxed as capital gains or business income?

    • What is the best approach for swing trading, with a full time job? Could you guys tell us more about swing trading. Thanks

    • Can we go over Higher time frame candles 4hr/Daily. Also go more in depth with the Price Action and when gauging strong entries for swing trading off of the 4 hour.

    • How to start backtesting ? I just learned a Gartley pattern from the book trade what you see and I have all my rules set out for the strategy but I don’t know how to just start back testing ie what pair , time frames , what date do I start back testing at etc thanks.

    • “try fire one off” do you mean question or something else?

    • Hi J, I just simply want some guidance on back testing, what platform is best, as I always run out of the free session, and I want to thoroughly test the rules before I go live.

      Maybe this is a simple question, I know that trading is what I want to do full time, but I won’t put a penny in till I’ve back tested the strategy and thoroughly understand my rules of engagement.

    • I need some help getting past my “analysis paralysis”. I tend to get stuck in a loop of backtesting thoroughly, seeing that the results are profitable, but then getting shiny object syndrome and doubting my backtested strategy, thinking there must be a better, more profitable strategy out there. So I spend all my time backtesting, trying to find the “perfect” strategy, and never actually putting my strategies to work. Have you ever dealt with this and how did you finally have enough confidence to just let your strategy play out?

    • Thanks for this event. I am sure we’ll learn alot as usual. I’d like to learn more about trailing techniques. I am a longtime fibonacci trader with the long known T1 38% and T2 golden mean targets. But trailing could enhance this even more, I believe. Do you think this topic could be interesting enough for this tutorial ? Much appreciated if you think so. Thanks for all your videos and tutorials ! Greetz to you all , Jason, Akil, Darrel and the entire TierOneTrading Team !
      Cheers & greetz, Vincent, a long time follower 😉

    • I’ve seen your trades have dynamic stop loses and take profit levels. I was wondering if you have any experience in trading using static/fixed stop loss and take profit levels. Or do you think that this would even be profitable in the long run. The reason I am asking this is I find it simpler to compute for the win percentage and risk reward ratio.

      Thank you making this event. I am sure you will be of great help to aspiring traders.

    • My question is about 1-1R/R when trading two positions, i often here traders saying that they will take 1st targets at a 1-1 R/R MSTBE and let the second position run for second targets, this makes sense, what i dont get is if for example the risk is 50pips per position so 100pips then if you only take off one position at T1 then this would be 50pips so how is it a 1-1 R/R, yes if you hit second targets you get the other 50pips plus whatever but surely it can only be 1-1 if you risk 100pips you take 100 pips, i have always found this misleading and never been given an answer before that made any sense.

    • What drawdown is acceptable for you? For example, each trade I risk 1% of the account. What maximum drawdown would be acceptable for that 1% risk per trade? If a strategy has for example a 20% maximum drawdown but makes 10% per year would you still use that strategy? Can you give a ratio between the maximum drawdown and yearly profit that you find decent?

      When do you increase your capital? Would it be okay to put in additional capital after your expected drawdown based on your backtest?

      I know that leverage is dangerous to beginners but at some point of their career, when they become consistently profitable, should they at least use leverage more efficiently? If for example, the trader has an expected maximum drawdown of 20%, would it be reasonable to only deposit 30% of the capital in to the broker and the 70% to somewhere else safe?

      Again, thank you for giving us the chance to ask these questions. I find your answers more credible than some random user in a forum.

    • How did you guys stop doing stupid things in your trading when you know you’ve got an edge but keep taking or screwing up your trades by taking stupid trades and not following your rules, especially in intraday trading, scalping, short time frame trading on 5M & 15M time frames.

    • Need an explanation on stop hunters at work, not the usual taking out stops and entry orders, there is an whole sience behind stop hunters

    • Are there any Pro Swing trader that actualy make money, I know most of the Pro trader are Day trader like Akil and Jason. I prefer the swing trading style. But if the chances for making money is less than DayTrading, I will like to adapt to the Daytrading style.
      Thanks.
      And why Forex than any other insturments llike stocks and equity.
      Thanks

    • I’ll be watching the recording since it’s during my work. My question is this. Any tips to making your backtesting as unbiased as possible. Since we’re looking at the charts manually it seems very easy to bias the results and get the results you think you should get.

    • In-depth explanation on back testing .

    • What would you recommend to young people to succeed in trading?

    • 1. Where to start? My main problem is i don’t know where to start my studies. I already know the basics to identify the market trend. But don’t know how to enter a trade, how to exit …

      2. How to backtest? When you are starting is a good option to use others stratagies? Or create one, test for some time and enter the markets?

      3. How to choose the right currencies to trade?

      4. What’s the advisable amount to start an account?

    • My first question would be, are there any techniques that can speed up back-testing? How to determine how much to risk per trade? How to keep yourself from trading outside of your time frame (either trading patterns that are two large, or to small)? How to stay motivated during the back testing phase?

    • What actually constitutes Price Action?

    • Hi..
      I’ve got trouble to find the right strategy that fit my lifestyle. I’ve tried to do back testing but ended up bouncing from one strategy to another. Can you give me any suggestion to solve this problem?

    • I have trading accounts at different brokers, one thing i noticed was that the printet candels is very different from broker to broker specially on the 4H charts, why is that, and does that not make it difficult to trade price action which broker has the correct candle ?

      • Very good question. I am interested in the answer, too. I have the same problem. Brokers use different server times. So the candles on the 4h chart are different.
        Do you trade the strategy only with a broker, which uses the same candles (server time) that you backtested?

    • I would like to trade advanced patterns as you teach them, but I have yet to get a backtest result that shows a positive expectancy. I think it might be because the longer I stare into a chart, the more legs within legs I start seeing and in the end find patterns that probably shouldn’t be traded, evn though they meet the fibonacci criteria. Any advice on how to keep my mind from getting sucked too deep into the fractal nature of the charts?
      Perhaps some examples of concrete rules to use when trading patterns, since there’s many cases where there is more than one correct way to draw the pattern.

    • I have some questions about building your portfolio:
      Which numbers of the backtest are most important to look at (profit factor, etc.)?
      How do you decide, which pair is added to your portfolio?
      When a pair doesn’t perform any more, at which point do you decide to delete a pair of your portfolio?

    • I am coming to Trading late in my life and am looking at Trading as Business to generate an income for Retirement later on. I have watched and learnt a little about the trading side of the business. I am pretty certain that Swing trading on later time frames is good for me. My question is: Are there any techniques I can use to learn how to focus on one form of learning and cut out all the other noise as I find myself watching a lot of different trading channels and they all teach a different way. I particularly like the way you teach and the way you present your videos but there are all these other ideas at the back of my mind? How do I zone in on one approach and stick to it?

    • In the book, One Good Trade, Mike talks about their newer traders only taking setups with a 1/5 risk reward. Do you have any setups that you trade with a risk reward like that or is that only possible in stocks?

    • How can a trader reach 100 trades in backtesting when the broker doesn’t give you enough history to the chart?

    • When doing breakout trades what is the best way to manage your stop loss? Let’s imagine a breakout of a Descending Triangle to the downside. Should I put the stop loss above the candle that actually breakout or the previous one if the breakout candle isn’t too big. Or should I put it above previous swing high?
      The first option will have lower Win Rate but higher RRR and the 2nd option higher Win Rate but lower RRR. Is there a better option (more profitable) or are both fine and you should just do what is better psychologically to you?

    • My question is about money management… So what do you think about kelly criteria and fixed ratio methods?
      Did you find anything that actually makes one better than the other one?
      Because as a university student I am thinking that if I can only trade Cypher 4H currently…
      Just to mention I have already backtested 2 pairs EURUSD, GBPUSD only EURUSD was working well, and working on GBPNZD at the moment.
      Advance patterns in 4H timeframe it was like for each pattern in a certain pair approximately 4-9 trades per year
      That why I prefered cypher pattern 70-80 win rate.

    • HI Akil, for example if we are looking EUR/USD 4Hr chart and its in downtrend, and current position is near resistance but didnt break or didnt make higher high, then i look for short opportunity at 1hr chart and found out that in 1hr its making higher high, shall we still take the trade or we cancel due to 1hr chart ? thank you for addressing my question

    • Hi Guys, and thank you for hosting this event. I am fairly new to trading, and like many others I work a 9-5 job and can only be at the charts from 6pm, when most of the action has already died down. In your opinion, how detrimental is it on trading and learning, that I miss the golden hours?

    • My question is about drawdowns. We all have them, even the most experienced trader. But I can’t help but thinking it’s a FALSE issue. What I mean is that it’s directly connected to the individual experiencing it (otherwise EVERY trader would experience a drawdown at the same time, which is not the case), so it’s more psychological than anything else. So my thought is this: one SHOULD be able to “control” a drawdown by modifying his/her mindset. And, one should also be able to limit and theoretically completely eliminate lengthy drawdowns by changing one’s mindset. Now I know theorize about it and actually making it happen are two different things. Any thoughts about this?

    • Since movements matter in the market, you better select pairs that are active. Therefore, selecting 10 – 15 of the most traded pairs is sure to bring you the volume of transaction you need to keep things moving.

    • Hello Tier One Trading team,

      3 questions on mind:
      1- How to manage time to learn, backtest and trade given a full time job and family?
      2- what time periods should backtesting cover and what softwares do you recommend for backtesting?
      3- Do you advice to start trading if resources are limited or is it only recommended for people with extra money? (i believe not all of you started trading as rich guys)

    • Hi Guys, thank you for hosting this event. Can you please talk about US brokers for Forex, Gold and Silver. Thank you

    • How do institutions trade and how do they make money?.
      What Levels do they pay attention to and how can you notice their footprint.
      False break out and traps please elaborate more.
      Talk about the London Session and New York Session especially the open and close of both sessions. Coz it seems the best setups happen around such times.
      Discipline, patience and when to run. Sometimes we need to run from a trade when it goes side ways.

      Thanks

    • Grey-Area between buying and Selling, how to better spot a pullback vs trend continuation?

    • o my! I am so grateful just to be able to sit in. and listen!!!! this is going to be very very informative. I cant wait!!!!

    • How can I get started in trading? There are so many things going on, trading platforms, indicators, psychology. What is the FIRST step?

    • Question 1: How much is sufficient backtesting if its 1hr and 4hr charts?
      Question 2: What is the full scope of a trading plan?
      Question 3: What is a successful trading strategy?

    • Now that I am at the backtesting stage I found rewatching Gab’s accountability session VERY helpful. She is an extremely valuable and transparent member of the Tier One community!

    • WOW Gab you are a data monster! 🙂

  • Load More