Large Range Day - Episode 010825

[@Adam-lk8sr]

why did that 2EL at 14:21 not work? strategy failure or bad signal bar?

[@Adam-lk8sr]

was that not a 2EL at 11:25?

[@mnkollo]

Another Question: if you have a signal bar that is 12 ticks or more, do you normally use a limit order to get in at a better price?

[@jamesesparks]

Great Question

[@ChynaMahtis]

I have always thought that 2e the signal bar had to close below the high or low of the previous bar, and in some of these videos the signal bar has already went above/below the previous bar. Is that true or am I just seeing things?

[@bginvestor101]

Hi Mack, I have the same question as mnkollo below about 4 ticks w/ higher volatility. Thanks for the video!

[@mnkollo]

Hey Mack do you always target for 4 ticks or do you go for more ticks when Volatility is higher? ( because most of your stops will be more than 8 ticks in high volatility market)

[@lexlutherk1ng97]

Mack only goes for 4 and runs.

[@jamesesparks]

@@lexlutherk1ng97 When he hits 4 ticks does he go to break even? What happens to the remaining stop? Plus 1 or Total Break even or ....what? thanks....

[@mnkollo]

I do know most of the time he normally takes 80% off at 4 tick target. Then move his stop to break even and let the remaining 20% run….

[@darylbaptie5159]

You can do either. Some people put the stop to break even +1 to cover commissions, others keep it at break even to give the runner a tick more of room.

[@lexlutherk1ng97]

@@jamesesparks yeah he puts his stop at break even

[@hwnwhaler1]

renewed for another year with you

[@Max655]

@@hwnwhaler1 good luck, may the wisdom come to you quickly

[@Adam-lk8sr]

what do you think of his strategies since you have experience with him

[@Max655]

@ strategy is amazing. Just takes a long time to learn. Took me over 10,000 hours of study time to get profitable. This chart speaks a language like Russian and to be able to speak proficiency in Russian takes years of immersion.

[@kadoklipz4725]

Thanks Mack.

[@MarkFarrow-ii3cf]

Is there anyone from London or surrounding areas?

[@emmanuelkeyz5470]

Do a topic on liquidity

[@Max655]

Liquidity is in the ticks of the bar. Not really that important. Focus on drawing the right trendlines and understanding the context.

[@hwnwhaler1]

Mahalo!

[@Triple7000]

The market's closed because of Jimmy Carter? Jesus Christ Jimmy Carter was a schmuck.

[@willphule]

It would be closed regardless of which President it was - have some respect.

[@MrWoodbreeze]

Thanks Mack.

[@bobmarslek15]

Thanks Mack.