Trade To Measure Workshop By Darren Oglesbee|2018-10-06T17:54:46-04:00October 5th, 2018|Uncategorized|218 Comments Congratulations, Your Seat is Secure!Step 1 Check your email for a copy of the event details (date, time, & log in link) Step 2 Invite your friends by using the social links below. Step 3 Help us build the agenda by submitting your questions in the comment section below. 218 Comments James October 6, 2018 at 7:51 pmLog in to Reply What is the best approach for swing trading fx markets with a full time job? Oscar Parkman October 25, 2018 at 4:49 pmLog in to Reply What advice would you give to university students who find it difficult to fit in trading around their weekly schedule? Eddie October 6, 2018 at 10:25 pmLog in to Reply 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. Cedrick October 7, 2018 at 6:33 amLog in to Reply How much Gut-Feeling (if any) do you put into trading. Sébastien October 7, 2018 at 6:41 amLog in to Reply Is it best to have a fixed target (in percentage of the account) per day or to take all the setups we see? Ernest October 7, 2018 at 6:42 amLog in to Reply Need more tutorial on signals and candlesticks Kevin October 7, 2018 at 6:42 amLog in to Reply How would I approach trading with a full time job? (I can barely spend an hour or two on the weekdays) Kenterrius October 7, 2018 at 6:43 amLog in to Reply What’s best timeframe to back test on? And an explanation on levels/ Support amd Resistance David October 7, 2018 at 6:55 amLog in to Reply why is volume the most overlooked indicator in forex . It is the only indicator that is real-time and not lagging Ralph E. Tatt October 7, 2018 at 7:07 amLog in to Reply 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 Bruno October 8, 2018 at 1:45 pmLog in to Reply Great question Ralph! I look forward to hearing their thoughts on this. j October 25, 2018 at 1:47 pmLog in to Reply +1 for this comment on the agenda, please. ken October 7, 2018 at 7:11 amLog in to Reply -Lot sizing. -Risk management. -How to confirm and enter with confidence. -Scalping strategies. Randy October 7, 2018 at 7:13 amLog in to Reply I notice I’m always messing around when it comes to trading, treating it as a hobby. I know I need to get more focussed to succeed as a trader. But how do set up a trading strategy, plan and routine that suits me, my personality and lifestyle (working dad)? Tate October 18, 2018 at 9:33 amLog in to Reply Great Question really look forward to hearing what Jayson has to say 😀 Ralph E. Tatt October 7, 2018 at 7:15 amLog in to Reply 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… Amal October 7, 2018 at 7:29 amLog in to Reply Entertaining a trade Everything that is needed to know about forex trading. Max October 7, 2018 at 7:29 amLog in to Reply Insight on fundamental analysis. Source-to-execution. Konstantin Terekhin October 7, 2018 at 7:29 amLog in to Reply 1. If I am a day trader what time should I be looking at to see the big picture or market direction(sometimes in your videos you call it a bird eye view) 2. How not to get confused between different time frames, for example 1D is bullish 4H is bearish and i want to trade 1H time frame 3. How, when and why to scale in/scale out of a trade? If I am a pullback trader. 4. At what point should i move my stop loss to break even? Beyond break even point(into profit) 5. What are the high probability entry signals into trade continuation? Thanks in advance for your answers! Karl October 7, 2018 at 7:47 amLog in to Reply Wasn’t the questions supposed to be “totally anonymous”? And where is the GDPR consent? Watch out for lawsuits coming your way. (Not from me…just saying). Gary Rees October 7, 2018 at 7:47 amLog in to Reply 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? Gary Rees October 7, 2018 at 7:53 amLog in to Reply 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? cem October 7, 2018 at 8:05 amLog in to Reply Hi Jason which numbers do you use atr rsi Please.I did not understand Carlosuno October 7, 2018 at 8:14 amLog in to Reply How much capital can i start with? Can i start with 500 usd ? What leverage i will use? When is the right time to enter in a swing trade, end of day or intraday? For 500usd capital, how do you position size and risk mgt? Chris October 7, 2018 at 8:39 amLog in to Reply 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 Okojie Moni October 7, 2018 at 8:40 amLog in to Reply 1.How do you deal with high impact news when swing trading, like Holding a position from Monday till Friday and tons of those red news coming in during the week or do you just ignore the news and manage the swing trades sorely based on technical analysis 2. Can you swing trade and also day trade on the same pair 3.The most important: CORRELATIONS how is it managed, because one time I took position on three different pairs (AUDUSD,CHFJPY and GDPNZD) they were all in profit at first but eventually all went red almost at once and all stop loss were hit almost at once..,, a. How can correlation be managed b. How can I select the best pairs to tackle correlation, and reduce exposure trev October 7, 2018 at 8:42 amLog in to Reply why is it that when i get into a trade it always goes the other way and gets me out Ed October 7, 2018 at 8:52 amLog in to Reply I saw on your youtube channel u use a harmonic scannner method is that effective in intraday trading Vijay October 7, 2018 at 8:53 amLog in to Reply What’s the best software to backtest my strategy? John October 7, 2018 at 8:54 amLog in to Reply Hi, I’ve been watching your channel for a while now and learnt a lot. I started with a demo account, and was able to double it in a month, which i would put down to much of the infomation you’ve shared. I’ve now opened a live account, to test the approaches with real money. I’m not looking at making big gains yet, just proving the same approach on a live system. So far I seem to get it right, (2 weeks old), but the biggest issue I have is the timing. It nearly always goes the other way, sometimes by a few pips, often many pips, then ultimatly goes the way I expect. The 1st part of my question is how to improve my entry timing. Secondly, I use only a small % of my account, then don’t use a stop loss. If I did have one in place, in many instances I would have been stopped-out, before the trend goes the way I expect. I know this is reckless, but it goes back to my 1st part, if I timed it better, the stop loss risk would be less. Thanks. Brian October 7, 2018 at 8:55 amLog in to Reply Brokers and platforms Matthew October 7, 2018 at 9:12 amLog in to Reply 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? Olaf October 7, 2018 at 9:14 amLog in to Reply T’m struggling with differentiation between a retracement and a reversal. how do you decided or at what point do you go from saying it is a retracement to reversal i.e. changing your viewpoint from say buying to selling Simeon October 7, 2018 at 9:32 amLog in to Reply Any technique for picking up market/pair, without testing one edge over 28+ pairs? And some tips on building edge actualy.. Simeon October 7, 2018 at 9:44 amLog in to Reply 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? Andrew Gray October 7, 2018 at 9:33 amLog in to Reply Starting out, should you have a few entry strategies or should you just concentrate on mastering one. Also any chance of going over any entry strategies Yeet October 7, 2018 at 9:33 amLog in to Reply Hi Jason, Could you please provide a blueprint of reaching 1m$ equity with only 1000$ initial endowment? How do you plan your goals and write them down ? Nei October 7, 2018 at 9:39 amLog in to Reply Ideas and practical suggestions to develop mindset of a professional trader. Mental exercises that can help with this Artis October 7, 2018 at 9:39 amLog in to Reply Journaling Trade setups vs strategy Aleksandar October 7, 2018 at 9:40 amLog in to Reply how to beat pshology of trading and lizard brain? mm rules tel me more than 50% winers and win more than lose equals profit… but psiholog and lizard brain does not like to lose so I lose more than intended. .. John Casey October 7, 2018 at 9:52 amLog in to Reply 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! Lesego Kraai October 7, 2018 at 10:11 amLog in to Reply i always watch Akil and Jason youtube videos and they always make seem so easy moving from daily chart analyze the market what happened and what is to happen next then move to their lower time frame and pull the trigger after maybe a confirmation of a double bottom showing to them that the level of support still hold then they apply good risk to reward ratios. all i want to be taught is to master that i want to know the whys behind the analysis step by step. steps for me to take to achieve that goal. Deepak October 7, 2018 at 10:13 amLog in to Reply Every trader focus on entry… My question is exit and mental toughness, if you are following some n every trade is going wrong from being in the money… N back testing results are good Fuad October 7, 2018 at 10:15 amLog in to Reply 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 brother October 7, 2018 at 10:22 amLog in to Reply MY QUESTION FOR WORKSHOP ————————————————– Given that FX market is >USD 5T/day, 80% controlled by banks and large institutions, why is the MM focused on profiting from the retail trader (and not amongst banks and large institutions)? I don’t get it Greg October 7, 2018 at 10:45 amLog in to Reply 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 Davide October 7, 2018 at 10:55 amLog in to Reply – Working strategy on D1 – Working strategy on H4 – Stoploss positioning – Money management Savant singh October 7, 2018 at 10:58 amLog in to Reply HI, I would like some discussion around trading process and structure to be included if possible please? Kenny October 7, 2018 at 11:19 amLog in to Reply What do you think about scalping? In your experience, is it profitable long term? John October 7, 2018 at 11:19 amLog in to Reply I want to know the psychology behind the chart patter. Why the specific pattern is created and being repeated time to time?? Thabo Matlala October 7, 2018 at 11:27 amLog in to Reply Money Management How do you keep track of the trades incorporation with money management. How many trades can you open at once and keep track of the amount of money you going to loss on the trade. If now you open a trade and you looking for a 1:1 return on tut particular trade and the trade meets your rules and your take, while on the other you have another trade building up. How are you going to calculate how much to risk since you have a trade open. VKumar October 7, 2018 at 12:17 pmLog in to Reply 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. Chris L October 7, 2018 at 12:52 pmLog in to Reply 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? Arvin James October 7, 2018 at 12:58 pmLog in to Reply I cant wait to this sesion, im have no expirience in trading but i have watching you guys three month from now im interested now in trading. i buy a loptop and im start to learn a basic in forex trading im from the philippines. NelMart October 7, 2018 at 1:19 pmLog in to Reply 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. Jack October 7, 2018 at 1:36 pmLog in to Reply Hi Jason, Do you use scale in and scale out strategy to manage your position? How do you manage the position when the market move against you? Kam October 7, 2018 at 1:36 pmLog in to Reply 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!! Kennith October 7, 2018 at 1:47 pmLog in to Reply 1. what is your take on Quant trading? 2. How to properly use leverage to maximize profits and minimize risk? Nathan October 7, 2018 at 1:48 pmLog in to Reply How do you get over ‘FOMO’ when trading? I tend to force myself into a trade because I either don’t want to miss out or I feel like I always need to be in a trade. austin October 7, 2018 at 1:57 pmLog in to Reply how do takes work with forex and how to lower them? austin braverman October 7, 2018 at 1:57 pmLog in to Reply I meant taxes not takes my bad Anele October 7, 2018 at 2:07 pmLog in to Reply I know of you normally have CTS for Counter Trend trading. Is there any type of CTS for trend continuation and if so what are they? Tryfonas October 7, 2018 at 2:11 pmLog in to Reply How to trade a small account?For example lets say $1000. Juwayne October 7, 2018 at 2:32 pmLog in to Reply Sometimes when you’re ready to enter a trade you’ll see that on 15min chart its ready to go in downtrend vs another time chart showing an uptrend. How do you chose which chart to enter trade in that scenario? nadine October 7, 2018 at 2:33 pmLog in to Reply 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? Pierre October 7, 2018 at 3:11 pmLog in to Reply Hi guys I wane know how do u decide what type of trader u wane be Knowing where u are in life..?? Dennis October 7, 2018 at 3:37 pmLog in to Reply 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. Bruno Mazzoni October 7, 2018 at 3:42 pmLog in to Reply Hi guys ^^ How to check if the trading plan is ” precisely repeatble ” so the results from back testing will really help the trader to set the correct money management strategy and also set real expectations? I am asking because, from the self experience, Ive had back testing ( most of the time ) produced better results than the live trading income. Therefore, I would like to know if beyond discipline there are other tools and hacks/habits to really build a better back testing in order to provide a better follow up for live trades. Patrick October 7, 2018 at 4:31 pmLog in to Reply 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. Kagiso October 7, 2018 at 4:36 pmLog in to Reply 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? Yussra October 7, 2018 at 4:49 pmLog in to Reply 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? zachy October 7, 2018 at 4:53 pmLog in to Reply Hi guys, I have been having issue with the market swings (HH, HL, LL, LH). Question 1: I’m always struggling with the direction of the trend. Although i have been following the theory of HH,HL,LL and LH, but everytime it seems like the trend does not trend according. please advice how i could reinforce my “directional view” to avoid being lead into a false trend direction. sudeep tiwari October 7, 2018 at 5:04 pmLog in to Reply can you teach us regarding market manipulation,how it is affecting retail traders,and also about stop hunt and traps. Light October 7, 2018 at 5:06 pmLog in to Reply How do you shake off a losing streak and keep trading your system? Hemapriya October 7, 2018 at 5:10 pmLog in to Reply 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 Jason October 7, 2018 at 5:27 pmLog in to Reply Hi Jason, how to properly use the most essential patterns, esp Fibonacci(s), and how far to go combining other conditions before entering such as momentum, cycle, support/resistance, and ??? Muaaz October 7, 2018 at 5:31 pmLog in to Reply Hi Greystone and Akil, It’s nice to see u guys doing this event. I have a critical question to ask. I’ve been trading with harmonic patterns for quite a while even though I m a profitable trader I couldn’t able to gain 100 % profit.. which means I m bad at profit trailing. I couldn’t find proper strategy to master this. Is it possible to reviel what is the best way to maximize our profit margins. With proper stoploss trailing. Appriciate and good luck with your future endeavour. Doni October 7, 2018 at 5:36 pmLog in to Reply 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 Leena October 7, 2018 at 6:17 pmLog in to Reply Hello, How can you day and swing trade with a $1000 account? Is it possible? I know you have a 100 pip loss limit. Wouldn’t the pip loss limit for a $1000 account be $10? Is it possible to day or swing trade if if you risk a smaller than 1% of your account? Thanks, looking forward to the workshop. cristian October 7, 2018 at 7:11 pmLog in to Reply Its always talk about having a “strategy”. But how about using discretion and solid technical analysis to trade many markets such as Stocks, Commodities, indexes and Forex? Is it possible or you guys haven’t see something like that and the only way to make money consistently on the markets is to have a strategy like a few indicators and price action? Thanks! cristian October 7, 2018 at 7:19 pmLog in to Reply What about using technical patterns and structure analysis to make the trades? I mean as a discretionary trader. I know how to code in MQL4 and I don’t know why if people always talk about “having an strategy” (like a MA crossover, double top, MACD, harmonic patterns or any strategy like that), if trading is so robotic, then why not make a simple code and have the Expert advisor run all day without the emotions that can be bad for the trading? I mean what about using just price action and structure analysis in conjunction with typical and studied patterns of technical analysis such as wedges, triangles and such?. I want to know your thoughts on this, hope you respond this question on the webinar. This questions is killing me. Hakan October 7, 2018 at 8:27 pmLog in to Reply Do you use an Currency Strength Indicator and in that case how do you use it. Brandon October 7, 2018 at 9:03 pmLog in to Reply Hi! Can you please recommend a good market scanner to select the strong and weak currencies at the end of each sessions (NY, London and Tokyo). Is it possible to make a living only SWING trading Forex on the Daily chart? If so what is the capital needed? What session is the most active and which pairs are the best to trade? Forex VS Stock as the main source of income? Thanks buddy! Brandon David October 7, 2018 at 9:12 pmLog in to Reply Ideas on: Funding an account Working for a prop firm Building a stong track record Creating consistancy Psychology of trading Building a support group Steven October 7, 2018 at 9:15 pmLog in to Reply How long would you say it typically takes an aspiring trader to do their homework / get up to speed with forex trading before making their first live trade. For instance I’m reading books, listening to podcasts and reading articles. Additionally, using a free trial account on MT4? Fabio October 7, 2018 at 9:44 pmLog in to Reply 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! Carlos October 7, 2018 at 10:51 pmLog in to Reply Do your strategies work somewhat with stocks? Lebo October 8, 2018 at 12:56 amLog in to Reply In trading pattern trading when does is it invalidated. Do I look at the Highest high or the highest close of the particular candle. For example, when looking at a cypher pattern on the C leg, if the highest high of the candle touched the 1.414 however closed at the 1.272 is the pattern still valid… Kind Regards Glenn B October 8, 2018 at 2:18 amLog in to Reply What is the best way to manage risk to reward so that your account grows in a healthy way without violent swings? Katlego October 8, 2018 at 7:50 amLog in to Reply Great stuff, hope to find ways to improve on skill and strategy. chris October 8, 2018 at 9:34 amLog in to Reply I’m from China. China has Internet controls. What about video? Bratislav October 8, 2018 at 10:04 amLog in to Reply How to decide that X leg is valid? nanguei October 8, 2018 at 10:49 amLog in to Reply a step by step guide to professional back-testing Marcell October 8, 2018 at 11:59 amLog in to Reply Thanks guys for the event: I would be interested in understanding more about: Creating and sticking to a plan, Understanding how emotions effects traders during a trade (cutting winners and keeping losers), Building discipline and patience, Attracting wealth, I really loved that video, Overcoming obstacles Blessings Jacob Nelson October 8, 2018 at 1:06 pmLog in to Reply How many currency pairs do you focus on? 1, 5, 30? Is it better to focus on just a few markets or have several? Thanks! Marc Alisherov October 8, 2018 at 2:32 pmLog in to Reply 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 Elitsa October 8, 2018 at 2:44 pmLog in to Reply Hello, do you think that Elliott wave theory can be combined with Harmonic patterns? Ralph Tatt October 8, 2018 at 2:56 pmLog in to Reply 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? Domonic Uno October 8, 2018 at 2:56 pmLog in to Reply Is the asian session worth trading even though its primarily consolidation Ralph Tatt October 8, 2018 at 3:04 pmLog in to Reply 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! Ralph Tatt October 8, 2018 at 4:08 pmLog in to Reply Jason, do you use alternative time frames, e.g H6, H8 or H12? Lebo October 8, 2018 at 4:38 pmLog in to Reply How do I set my stop limits and take profits on advance patterns Rafael_R October 8, 2018 at 5:52 pmLog in to Reply I have problems with structure based trade in reagrds of: a) what to look for so I can build a trading plan Paul October 8, 2018 at 9:00 pmLog in to Reply I have an issue with moving my stop loss to close when trading different time frames. I also have an issue with letting my trade stop me out but at the same time I always take my profits to early. (Sort of a problem I have been having for quite a while. Stop loss gets hit that’s why I have it there but then always take my profits to early which by default always means I am a losing trader) if that makes sense? Austin Miller October 8, 2018 at 10:57 pmLog in to Reply 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? Yussra Yusoff October 9, 2018 at 1:54 amLog in to Reply 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? Adam October 9, 2018 at 3:22 amLog in to Reply What time frame should we take our S/R lines/zones from? Thanks. Preston October 9, 2018 at 3:33 amLog in to Reply How do I pick a strategy that’s right for me and stick with it? Tejas R Gouswami October 9, 2018 at 4:13 amLog in to Reply 1) When or what is the best part or time to take entry and exit from the trade 2) how to identify trends 3) and please explain the currency pairs working oppositly thank you. Chris October 9, 2018 at 6:25 amLog in to Reply I seem to trade on days where I had no chance because of market conditions. What are good days and times to trade? What times should I avoid? Where can I find a reliable market timing indicator? I can barely find time to trade so tracking all the various indicators and following the financial news etc is a problem. Pauls October 9, 2018 at 6:48 amLog in to Reply 1) Support the above question on best approach to swing trading with full time job. 2) how to use multiple time frames correctly? Trends and structures as direction in higher timeframe, and lets say hourly charts as entry reason. Again, i am specific about swing trading. 3) related to above – targets and stops using multiple timeframes. Do we target previous swing or target further? 4) struggling with early trend reversal identification – i either start thinking that i am in new trend when in fact we are in consolidation or I am seeng clear trend whent it almost is over or already very strong and pribaky goubg to end soon at so.e previous daily or other structure level. Markus Weber October 9, 2018 at 8:13 amLog in to Reply Hi Jason, I am interested in: – how many filters do you use when you backtest new strategies? – how do you adjust your money management? pardeep singh October 9, 2018 at 8:25 amLog in to Reply how does price action and volume work hand in hand. Thobani Hadebe October 9, 2018 at 8:27 amLog in to Reply Which best leverage to use? When to.add entries on the trade? Daniel October 9, 2018 at 9:57 amLog in to Reply How can one accurately carry out top down analysis (multiple time frame analysis). Lloyd October 9, 2018 at 10:18 amLog in to Reply I’m new in this industry of Trading and I really want to know how to trade can I get help to be able to do successful trades… Ryan October 9, 2018 at 12:44 pmLog in to Reply How do you get the positive attitude to keep going after a losing streak of trades? What is the best lot size for different account capital? What do the terms like spread/leverage/support and resistance mean in simple terms? Thanks Jack O'Connor October 9, 2018 at 1:20 pmLog in to Reply I would love to hear you your thoughts/advice when it comes to growing your account with compounding and at the same time allowing small withdrawals or paying yourself once you are consistently profitable. It would be great for you guys to touch on this topic as I have not seen it talked about much. Q. You want to grow your account, this is possible when you are consistently profitable and apply a money management system. How do you go about making small withdrawals or paying yourself. Is there a certain % of growth that you must meet before you would allow such withdrawals? (e.g When I grow my account by 1000 I will treat myself to a 10% reward) Hope my Q is clear. Excited for this event and looking forward to committing to T1 for a year in December. Ogheneruona October 9, 2018 at 2:00 pmLog in to Reply Am new to trading so my question is this When trading what are the signs or pointers that this is the time to buy or sell. Marcell October 9, 2018 at 2:08 pmLog in to Reply Could you please talk about on developing a probabilistic mindset, think in terms of multiple trades and proper trading habits and on not taking losers (cost) trades personally. Thanks peter owen jones the third October 9, 2018 at 8:01 pmLog in to Reply Is there more money to be made as a guru or as a trader as I am thinking of buying a wig and standing around a flash car to make money. Would i need to brush my teeth or could i get away with them looking like a plank of wood? Jason October 9, 2018 at 8:17 pmLog in to Reply Why is so dificult to excute the real trading like the backtest results.? (the psychology reasons behind) Manuel October 9, 2018 at 8:36 pmLog in to Reply 1. What would be the best way to prepare myself for the upcoming week on a sunday? Goals, important news, etc. 2. What will happen if i start my trading carreer and suddenly there is a major market crash? Alex October 9, 2018 at 9:29 pmLog in to Reply 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? Mahlogonolo October 9, 2018 at 9:34 pmLog in to Reply I’m an intermediate trader, in my experience i lose more when i trade price action together with fundamentals… What advice would you give me? Focus strictly on mastering price action first or try jiggling both price action and fundamentals? Jayan October 9, 2018 at 10:27 pmLog in to Reply How to simply cut losses in the market. How to train trading psychology. Suresh October 9, 2018 at 10:57 pmLog in to Reply Hi Akil, Please could you tell us the Cypher and Bat Pattern XABCD targets in general? I find it very difficult to decide which pattern is likely to play out due to the ranges each point has. Suresh October 9, 2018 at 11:02 pmLog in to Reply Hi Jason, When looking at any times frames how do you determine when an impulse leg has begun or finished? Also should i be using the wicks as part of my analysis? Thank you Suresh P.S all you guys at T1-Trading are absolutely fab! Wish the people of the world would help others like you have! The world would be a better place! Bless you and wish you all success. Suresh October 9, 2018 at 11:05 pmLog in to Reply During the 3 day live session will would we be okay to ask questions ? Thanks Delwade October 10, 2018 at 6:40 amLog in to Reply What is the best approach for swing trading, with a full time job? Could you guys tell us more about swing trading. Thanks Pat October 10, 2018 at 6:41 amLog in to Reply I’d love to hear about the formal set-up once someone is profitable and deciding to trade for a living: – Would you recommend establishing a legal entity so that one actually operates a business? If yes, what kind of legal entity would fit the best with a trading business? – What if one decides also to manage other people’s money, would that require another legal form of the company? – Is there some license needed either for trading on one’s own or with other people’s money? – Do you think one could manage such a company alone or would some administrative staff be needed? I am asking this because I’ve been trading for a living for a bit more than a year now and earlier this year the new ESMA rules about lower leverage levels came into effect. My broker offered me to change my account to a professional one if I met some criteria in order to keep the low margin rates. One of that was the requirement to have worked in trading for at least a year or something like that. Nevertheless, they wanted to see proof of my work or a working contract which I didn’t have. Why would I make a contract with myself? So I sent them some of my trading records which was insufficient for them. That was kind of humiliating for me as apparently I am not a professional trader. Luckily there are places in Europe outside of the EU so the problem was eventually solved regarding the ESMA rules. I thought if I had a company and employed myself at that company, maybe I would be considered a professional. Maybe this is more of a story for a trading podcast than a question, just wanted to provide some background. My final question is about all those youtubers who trade for a living and live at many places abroad. I do realize a lot of it is just show or not exactly the way they say. But from a realistic standpoint I wonder how you think those people handle the visa requirements and working permit. One can’t just go to any country for more than 3 months and say “i earn money by trading and i just want to live here”. Sorry for digging so deep with difficult questions and making this so long. Thanks always! Scott Adams October 10, 2018 at 8:57 amLog in to Reply 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. Frida October 10, 2018 at 4:04 pmLog in to Reply Which broker should I choose? Thebe October 11, 2018 at 1:30 pmLog in to Reply What is the best leverage a broker could offer a beginner trader Eddie October 11, 2018 at 1:37 pmLog in to Reply 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. Marcell October 11, 2018 at 4:36 pmLog in to Reply Could you please talk about how to change from a ‘trading not to lose’ mindset to a ‘trading to win’ mindset. Many times I focus on my fear more than I focus on my goals semi-consciously and behave that way in the market place as well. Thanks david October 11, 2018 at 5:48 pmLog in to Reply “try fire one off” do you mean question or something else? Iain October 11, 2018 at 7:37 pmLog in to Reply 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. Abhijeet October 12, 2018 at 11:54 amLog in to Reply How to select stocks for day trading?? Nkoemakae October 12, 2018 at 8:06 pmLog in to Reply What steps do you take to find a perfect entry point? Abdul October 13, 2018 at 12:28 pmLog in to Reply I started trading on the 29th September with £200 and grew it by 60% in 2 weeks what I would like to know is how aggressive can you be trading and what is ‘too aggresive’? FrenchNick October 13, 2018 at 1:25 pmLog in to Reply How do you deal with fears, like fear of missing out or fear of losing profits? or the urge to recoup losses? Do you have any advice to stop checking on trades every fifteen minutes once entered? About risk management, is it better to go for fixed lot sizes and Stop loss in pips or risk percentage of equity? What’s your approach with correlated pairs? What are your thoughts about trading on Mondays or Fridays? Do you advise to trade during or shortly after major news events, like NFP or central banks rate announcements? What is a realistic expectation for a new trader in terms of account growth? better have monthly goal or quarterly? Any advanced trade management advice? money management? thanks, I’ll be looking forward to this. Max October 13, 2018 at 9:17 pmLog in to Reply Top brokers and platforms? How much money should i use ( What would be a good start)? How to backtest, how long to do it and benefits ? How long do i have to be profitable in a demo account to jump to a real account? max October 13, 2018 at 9:18 pmLog in to Reply How much % should i try to get per month in my account? Clarence Jackson October 14, 2018 at 3:30 pmLog in to Reply How do you determine support and resistance Karabo Vilakazi October 14, 2018 at 5:23 pmLog in to Reply Good day Karabo from south Africa I haven’t actively traded yet, just doing tons of research I am looking for a strategy a simple one like ‘sculping’ Im zoning In on it because it works withy schedule, short trades or a couple of short trades a where I can make 10 pips a day at 10 dollars per pip. Can you shed some light if this is possible, regarding what to look when reading charts, which currency pairs will this work best. Can you also recommend a broker that is my most recent challenge g6as well Misael Carbajal October 14, 2018 at 8:11 pmLog in to Reply I know there’s very different kind of traders and trading strategies out there, but I want to know what is the porcentage % average of winnigs and losses of a bunch of “transactions” (could be 50, 100 or more transactions) for a professional trader? (At least you as a professional). What is the porcentage % average of profits of your capital in 1 semester and in 1 year? There’s many people out there offering trading courses that guarantee 80% profits of your capital in 1 year, and there’s so many more that guarantees 200%, 300% or even more per year. What is a more realistic profitable average range that you can earn when you become a professional trader? Could it be measure? Are those profitable porcentage % average similar in different markets (Equities, Forex, Futures Contracts, etc) or are they very different? Thank you very much! Luke Solomons October 15, 2018 at 5:31 pmLog in to Reply Entry and exit strategies How to set pending trades Identifying fake outs Mohit October 16, 2018 at 1:23 amLog in to Reply How to avoid conflicts between Different time frames and best way to Enter counter trend trades? Siphelele October 16, 2018 at 1:56 pmLog in to Reply When to exit a trade, sometimes it turns around before your TP and i panic. How to deal with emotions when it’s not going your direction, what can we do to stay calm Money management, lot sizes: when to increase lot sizes Keith October 16, 2018 at 9:17 pmLog in to Reply Is this suitable for beginners?. I’m in the UK.. karabo October 17, 2018 at 3:17 amLog in to Reply How do i place a trade..? fxj October 17, 2018 at 12:38 pmLog in to Reply What are your views on the trader’s accountability? Trading all alone, or being part of a community? “Trading buddies”? Mark October 17, 2018 at 6:00 pmLog in to Reply Hi Jason, firstly may I say thank you for your many hours of invaluable market insight, and for providing the motivation to stay committed. You may not fully appreciate the difference you make, but it is very much appreciated and I think you are a truly inspiring person beyond anything I could express. Okay, I have analysed the markets for many years and had a few trading accounts which have usually ended up being needed for living costs, so have never felt I’ve had a real chance to trade consistently but have good market instincts. My concern now, is to create consistency by identifying good probability trades, employing correct risk to reward, and to trade using the statistical edge offered by such good trading practice. My question is this, from all of your trading endeavors to date, what is the most useful item in your toolkit? To put it another way, if you had to start again after a memory wipe, which one thing would you choose to begin from scratch with? Thanks Jason kind regards. Thapelo October 17, 2018 at 9:11 pmLog in to Reply Candle stick formations that can be used as entry techniques , and how to apply them into your trading plan ? Suresh October 18, 2018 at 9:34 amLog in to Reply Hi again, 1] Is there any chance you could cover the process and the key facts that will help me start a) choosing a broker b) charting software and finally c) the rules and Regs of trading as an self employed? 2] I am not sure how to deal with tax and other government binding payments that i must make on my earnings, could you please give some basic and mandatory information on this. Thank yo once again! Guy October 19, 2018 at 9:06 amLog in to Reply Hi, at what point do you move you sl to break even? As with a lot of my trades I get good entries with little drawdown they go to 10-30 pips profit reverse to negative pips and I get out at break even or with a small loss then it turns and shoots in my direction hitting my TP and more! Or should I be letting my trades hit my SL or TP? Only trouble is I hate seeing a decent say 20plus pip trade go negative! Thanks Sarah Anderson October 19, 2018 at 9:55 pmLog in to Reply 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? Lungelo October 20, 2018 at 4:39 amLog in to Reply How MACDs works? Kos October 20, 2018 at 12:21 pmLog in to Reply Hello, As i understand trading is based on a set of rules and following these rules. I believe you mentioned several times in your video the IF – THEN process. So I would like to ask if you have IF – THEN process after a losing trade, for example IF a trade closed as loss – THEN i should have new entry at next support/resistance. Do you pre-plan that? Should a pro trader be prepared in advance for losing trade and if yes, how can i create my own IF-THEN process. Thank you very much in advance ! Vincent October 20, 2018 at 2:50 pmLog in to Reply 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 😉 jonny October 20, 2018 at 5:14 pmLog in to Reply 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. Morgan Evans October 20, 2018 at 5:36 pmLog in to Reply 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. jonny October 20, 2018 at 5:43 pmLog in to Reply 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. Aman October 20, 2018 at 10:35 pmLog in to Reply 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. Walter October 21, 2018 at 12:15 amLog in to Reply How did you get over the fear of placing trades .Which pairs do you recommend a beginner to start with? Mathys October 21, 2018 at 5:38 amLog in to Reply 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 Yam Prasad Gurung October 21, 2018 at 11:56 amLog in to Reply 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 Mike October 21, 2018 at 8:03 pmLog in to Reply We are all trading to make money and improve our lifestyle , what strategy do you use and how did you come about creating this strategy ? secondly , what is an achievable revenue from profitable trading on day trading? Thanks in advance Mike Wendy Sarrett October 21, 2018 at 10:11 pmLog in to Reply 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. Emmanuel October 22, 2018 at 2:58 amLog in to Reply In-depth explanation on back testing . Marsel October 22, 2018 at 3:48 amLog in to Reply What would you recommend to young people to succeed in trading? Joao Silva Silva October 22, 2018 at 9:21 amLog in to Reply 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? Suzanne October 22, 2018 at 9:35 amLog in to Reply hi, i’m really struggling with entry points..i found myself going in too early and getting stopped out because i wasn’t waiting for the confirmation i need , but now i find i’m being over cautious and doubting myself. Matthew October 22, 2018 at 4:56 pmLog in to Reply 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? Nyah October 23, 2018 at 7:18 pmLog in to Reply Say for example, i’m following a trend on 1hr (or lower) and i’m ready to take the trade based on my entry rules rules. Then instantly i’m stopped out and the trend continuation trade is no longer. I then go out to a higher time frame and see the trend is now following on the higher timeframe apposed to the smaller times in the opposite direction. My question is, will higher time frames always dominate the smaller timeframes, or is the price hitting S/R zones i have over looked? This is more confusing than my ex misses. Thanks for this seminar i only learn from yourself and Akil. Beginner (8 months practice account still in positive.. just) Trend continuation trader (try to be). Ryan October 23, 2018 at 10:29 pmLog in to Reply What actually constitutes Price Action? Jon Phillips October 24, 2018 at 4:42 amLog in to Reply Hi, I am currently entering my final year of my military career and would like to transition sector to become a trader. Can you advise the best way someone can move from one career into trading? East to do I guess if you have plenty of money and free time but what about moving careers whilst still having a family to support? Also, could you touch on the pros and cons of proprietary trading for a company as an option for transitioning sectors? Many thanks Jay October 24, 2018 at 10:05 amLog in to Reply I use a very systematic trend following system. I’m not a CPT yet – only 1 year experience. I’m on my first real losing streak now. My usual win% in close to 60%, but I’ve lost around 85% of the last 20 trades. I’m focused on process over outcome, and my process is still good so I’m happy with that. I don’t feel any negative emotion when I hit a loss now because of the losing streak. I want to know if this is bad? I know you’re not supposed to , but after such a bad streak.. is it bad to still feel like that? Should I be getting out for a bit, optimizing my strategy, or something else? Daniel October 24, 2018 at 4:02 pmLog in to Reply Hello guys- Im new to Forex Trading and I think my question will relate to many who are interested in learning. I’m trying to work out if I will have enough time and capital to invest to make it worth my while. Having just listened to Akil’s podcast “The Price of Trading” he worked out you would need $50,000 trading at 25% ROI to just make $12, 500. However, from listening to your podcasts and watching your Youtube video’s Forex Trading is a challenging skill set to learn and time consuming (estimating that you don’t start trading until nearly a year of study, 6m at best, at which point it could take years to achieve a 25% ROI trading ability). So for those of us (most of us here) who need to hold down their current job and balance lifestyle and family etc it is seeming less and less likely that its a viable option? I could be completely wrong so your insight would be greatly appreciated as this is my main hurdle currently. Dan October 26, 2018 at 3:44 pmLog in to Reply Having just seen your intro video ‘How to really create wealth trading’ and applied the equation Assets / (expenses-investments/trading) perhaps the ROI % is per month, so if the average UK salary is £30,000 and I chose to get by on that income I would need £10,000 trading at 25% ROI to achieve the same salary to break even. I feel i’m missing something/getting confused between your wealth equation and quitting my job to become a full time trader. Victoria October 24, 2018 at 4:19 pmLog in to Reply 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? Sorin October 24, 2018 at 6:11 pmLog in to Reply Please explain again the entry reason Lower low lower close candle, and vice versa! Are we looking for a lower low of the price, or do we need to look only at the previous candle? Mr. Adrian Grantham October 24, 2018 at 8:57 pmLog in to Reply As I will have to work I will only be able to watch the recordings. asolutely nderstand Higher high higher close candles, but dont know how you get your Kill Zone… khalid October 24, 2018 at 11:37 pmLog in to Reply 1 – How to use divergence in trading and what’s the best RSI setting to use divergence ? 2 – for a daytrader is better to trade a lot of pairs or to spelicise in 1 or 2 pairs ? Owen October 25, 2018 at 1:47 pmLog in to Reply My first question is how tdo I know when a trend has reversed using structure and secondly, What entry techniques can you recommend for a trend continuation trader Per Tidemann Madsen October 25, 2018 at 1:47 pmLog in to Reply 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 ? michael October 25, 2018 at 2:13 pmLog in to Reply 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? Ed Porter October 25, 2018 at 1:52 pmLog in to Reply For me it seems like a catch 22. One person says you should treat trading as a business and be at your computer trading at set times throughout the week. Another person says it’s sometimes better to be out of a trade rather than in one. If were not trading what should we doing instead? After all I’m sure most of us are in it for the freedom to work when we want. If we should be at our computers trading for set hours throughout the week what’s the best way to stay focused? I find it very boring if the markets are quiet. Thanks Ed David October 25, 2018 at 1:56 pmLog in to Reply 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. michael October 25, 2018 at 2:23 pmLog in to Reply 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? Vic October 25, 2018 at 2:28 pmLog in to Reply 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? Jagger October 25, 2018 at 3:59 pmLog in to Reply 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? Lee whittington October 25, 2018 at 8:08 pmLog in to Reply When to enter and exit a trade ,where to get the information to research what I’m trading , where to get good strategy from , how to make a plan , j October 25, 2018 at 8:54 pmLog in to Reply Is it better to specialize in certain pairs in markets you understand and have market knowledge on price action or should i be looking for opportunities everywhere? In other works if i have specific knowledge on local economic environment price action and sentiment for usd/zar and usd/xau pairs,,, should I just focus on that?- once i”m live trading or look at other like eurusd and usdgbp etc? How different is stock trading to forex? thanks Adrian Juverdeanu October 26, 2018 at 7:32 amLog in to Reply How can a trader reach 100 trades in backtesting when the broker doesn’t give you enough history to the chart? Aashiq October 26, 2018 at 8:20 amLog in to Reply Hi i have a problem in knowing when the trend is changing and when is it continuing. sometimes i feel it is turning and then it just keeps on going. also have difficulty in knowing which time frame is best as i view all.then dont know which way to go tried harmonics i c different harmonics on different time frame which 1 do i choose i dont think i am a long trade i prefer day trades.so systems more suited to day trading pls Nuno October 26, 2018 at 11:22 amLog in to Reply 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? Fadel October 26, 2018 at 10:52 pmLog in to Reply 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. Henry Pham October 29, 2018 at 5:05 amLog in to Reply What is your personal rules for a double bottom/top you trade by? Mohamed October 29, 2018 at 9:59 amLog in to Reply How to organise Trading forex and other fulltime job. Daniel Tjie October 29, 2018 at 10:52 amLog in to Reply 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 Nejc October 29, 2018 at 12:53 pmLog in to Reply 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? Lebo October 29, 2018 at 9:28 pmLog in to Reply How do I select my portfolio Gregory October 29, 2018 at 10:36 pmLog in to Reply 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. Gregory October 29, 2018 at 10:34 pmLog in to Reply 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? Jerome October 29, 2018 at 11:14 pmLog in to Reply 1) what timeframes do you draw your support and resistance lines for day trading? 2) how many minutes/hours/days do you go back for technical analysis? 3) best way to predict price for take profits & stop loss Thanks Talal October 29, 2018 at 11:28 pmLog in to Reply 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) Jimmy October 29, 2018 at 11:52 pmLog in to Reply Hi Guys, thank you for hosting this event. Can you please talk about US brokers for Forex, Gold and Silver. Thank you Earnest October 30, 2018 at 12:06 amLog in to Reply Good evening, Ive been going hard core in forex full time for about 7 months, I dont have a question as Ive watched alot of your previous podcast / videos of weekly analysis, etc. I’m now making profitable trades more often, however I can’t say that i’m “a consistently profitable trader”. Collins October 30, 2018 at 4:40 amLog in to Reply 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 Sibusiso October 30, 2018 at 5:15 amLog in to Reply Grey-Area between buying and Selling, how to better spot a pullback vs trend continuation? joey mullins October 30, 2018 at 5:15 amLog in to Reply 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!!!! Jude October 30, 2018 at 5:32 amLog in to Reply How can I get started in trading? There are so many things going on, trading platforms, indicators, psychology. What is the FIRST step? Matt October 30, 2018 at 7:34 amLog in to Reply Im new to trading and my head is spinning with Japaneae candlesticks, Fibonacci, gartley, bats and butterflies. Ive setup a demo account so i can start practicing but with a spinning head every chart looks overwhelming! Would you advise starting small, using just one technique anf building / learning from there adding more techniques as you go? If yes, which technique would you advise starting with? Evans November 1, 2018 at 12:47 pmLog in to Reply Please can I have the link to rewatch the lesson I just missed? Can’t find it in the email Farouk November 1, 2018 at 3:00 pmLog in to Reply My question is how can I know when to buy or sell in forex and also is iq options a good platform if not which is the best….Thank you! Alexander November 29, 2018 at 1:26 pmLog in to Reply 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? Leave A Comment Cancel replyYou must be logged in to post a comment.