The Trading Strategy I Invented That Got Me Funded - Categorical Trading

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ImanTrading

ImanTrading

Күн бұрын

Пікірлер: 489
@ImanTrading
@ImanTrading 11 ай бұрын
Happy to update this much later to say that for 4 months, I consistently got payouts (7 total) totalling $9,200. Top firms ranked by affordability / easiest evaluations - www.imantrading.org/prop-firms Or, skip that and just go with the cheapest AND easiest firm to get funded with - myfundedfutures.com/?ref=4140 (coupon code Iman is ALWAYS the highest discount) Full review of MyFundedFutures - www.imantrading.org/firmfaq/myfundedfutures More information on this strategy (all free) - www.imantrading.org/howimantrades Remember that all strategies and systems are just different perspectives to learn one thing, and that’s price action. All strategies are just as valid as they are invalid, because they require discretion to work IF it’s not a fully-automated algorithm. Do not start using prop firms until you're ready, otherwise you will lose money. Using my links supports me at no extra cost to you.
@azzedinebk6838
@azzedinebk6838 11 ай бұрын
hmmm you are using excel to simplify data? ( i know you record your trading session )
@eselevi6132
@eselevi6132 11 ай бұрын
Your videos are too fast and difficult to digest.
@jason3977
@jason3977 11 ай бұрын
Is there a similar atr technical on tradingview?
@husteltime
@husteltime 9 ай бұрын
have you ever tryed mixing this with jim simmons makrov strategy
@daytradersanonymous9955
@daytradersanonymous9955 9 ай бұрын
​@eselevi6132 This is on you. I didn't find it fast at all.
@YUNG_GUNN_TRADES
@YUNG_GUNN_TRADES 11 ай бұрын
The part that I love most about Iman is he keeps it %100 real and honest... something very rare now days in the "trading" content space. Not a salesman just a genuine dude. Respects.
@boognish9869
@boognish9869 11 ай бұрын
Lmao I recognized you from Matt's discord
@ImanTrading
@ImanTrading 11 ай бұрын
@@ScruffyWarlord wanna bet?
@Venezuela305
@Venezuela305 11 ай бұрын
​@ScruffyWarlord I don't think so. I get the feeling he is different. I think YT is going to a phase where we are so overwhelmed of sellouts and fakeness, that a new generation of financial chanels have launched. Almost all of them in 2023. People that are not afraid to speak their mind. Right or Wrong, but keep it honest. That has value and is catching on. I love this guy. He single handlely motivated me to start a new project, which I will credit him in the future. Lets hope for the best, but also be careful. After all, we are all strangers on the internet. 🤷‍♂️
@hectorsherry585
@hectorsherry585 11 ай бұрын
Litterally the only reason I watch him and no one else, ain’t trying to make any money off us, just great honest advice
@kadwele7044
@kadwele7044 11 ай бұрын
​@@ImanTradingif betting I will already lose streak..🤣
@mrbullmrbull
@mrbullmrbull 11 ай бұрын
Just a friendly reminder that every strategy can work in right conditions Choose whatever strategy you like and enjoy and then master recognizing CONDITIONS for that strategy Bam, now you are profitable and you enjoy your chosen trading style
@carolinacamilo3261
@carolinacamilo3261 11 ай бұрын
Couldn’t agree more! I’ve noticed lately I might as well just trade for 2 hours after open and call it.. instead of trying to trade my strategy all day when the conditions aren’t there
@AlexandrBorschchev
@AlexandrBorschchev 11 ай бұрын
Yeah, I mean this comment is literally a fact.
@otpreet
@otpreet Ай бұрын
So any strategy on KZbin can work in the right conditions?
@mrbullmrbull
@mrbullmrbull Ай бұрын
@@otpreet basically yes, but you have to put the work to backtest and refine your strategy the way it fits your trading style. At the end of the day your intuition is King 👑. When you pick your favorite strategy you need to put TIME to sit in the markets and understand the nuances of what's going on. With more experience you will learn to recognize the kind of day you're dealing with - the slow day, the directional day up/down, the chaotic day, the red news day etc. Every kind of the day has its own strategies that work, so basically every strategy you like can work but with the right environment
@otpreet
@otpreet Ай бұрын
@@mrbullmrbull thank you brother for the detailed explanation. Fr helps a lot 🙏🏽
@william07122
@william07122 10 ай бұрын
Once a trader understands the in-depth logic of price action. The market itself is the best teacher.
@NickShawnFX
@NickShawnFX 10 ай бұрын
12:00 - Starting with a 1:1 RR is something I've suggested since 2019. It starts people off with roughly a breakeven trading approach (better than losing like most traders) and then allows for experience to develop the trader's intuition in terms of management decisions based on price action - closing "bad" trades early, and holding or adding to "good" trades that begin to profit. Good sh*t, dude.
@ManuelLopez-de3so
@ManuelLopez-de3so 10 ай бұрын
The only thing i need to learn is lot size like if i was to risk a 1:1 & i enter a trade for 0.05 i still don't understand how much money i'd be risking with the lot size.
@dodgerboi97
@dodgerboi97 10 ай бұрын
@@ManuelLopez-de3so find an ea that calculates it for you
@ManuelLopez-de3so
@ManuelLopez-de3so 10 ай бұрын
@@dodgerboi97 Thanks i actually figured out how to calculate it myself haha
@keyurpatel9505
@keyurpatel9505 9 ай бұрын
Facts! I have been following Nick for a while and that’s what he teaches also 1:1!
@chrisspire
@chrisspire 8 ай бұрын
True story. Nontheless, @NickShawnFX, are we going to see you in the scammer series? I have been looking for your full-year statemets but it seems that they are nowehere to be found.
@Fugazidawg
@Fugazidawg 7 ай бұрын
Someone said "so basically this is the dark souls of trading" ☠️☠️☠️☠️
@iwillheadlockyournan731
@iwillheadlockyournan731 5 ай бұрын
Lmao I like that
@hestati86
@hestati86 11 ай бұрын
you are the ONLY creator on youtube who I watch at 1x the speed. Every else doesn't deserve anything lower than 1.5 or 2x. Thanks man, keep up the good work and all the best
@TheWhippinpost
@TheWhippinpost 10 ай бұрын
If you listened to it at anything more than 1x it would be too fast anyway - he already speaks at 2x!
@kimpeater1
@kimpeater1 8 ай бұрын
Ditto same here
@freenrg888
@freenrg888 8 ай бұрын
I watch it at 0.75x
@mikeg8343
@mikeg8343 8 ай бұрын
to be fair he has adderall speech, zoom zoom zoom
@kwamenaplays5899
@kwamenaplays5899 3 ай бұрын
@@freenrg888me too😅
@emilianohermosilla3996
@emilianohermosilla3996 5 ай бұрын
I want to thank you Iman. It’s been a year and a half since I started trading, I feel like I’m entering the profitable phase of my trading. I remember entering the market a few months ago with 700 dollars and within a few weeks I had 5000. But every time I feel that I’m starting to miss the mark and start gaining losses I come to this video and it does great work on my mind, it truly helps man. I really wanted to thank you from the bottom of my heart for your help and guidance!
@HollandHillSpies
@HollandHillSpies 7 ай бұрын
Thanks for the video. I found the behavioral and technical tips extremely helpful when I trade. It's so easy to fall into bad habits.
@ImanTrading
@ImanTrading 7 ай бұрын
Thank you so much!
@xxq00958
@xxq00958 10 ай бұрын
What you are offering to the community is truly incredible. I have been trading for a while and have just started discovering my edge and truly implementing them. Your video basically pointed out every struggle I had when I began my journey. I really hope there are more people like you in the world whose true intention is to actually help. Instead of cherry picking past trades that worked and scam the community. You deserve every ounce of success!!!!
@Hadesthief
@Hadesthief 7 ай бұрын
How's that edge going for you?
@RitikSingh-nl6ny
@RitikSingh-nl6ny 7 ай бұрын
how its going for you brother?
@hieunguyentrung2230
@hieunguyentrung2230 9 күн бұрын
Hey, just to say I'm greatly grateful for all ur vids, they rly inspired and guided me a lot. I dont use the exact same strategy as yours but this vid is the founding stone for me to discover what works with me the most. Wish u happiness man.
@periplanetian6969
@periplanetian6969 11 ай бұрын
Setting strict rules on how to trade was a problem for me over the past couple of months. When the rules were lifted and I was able to experiment, things started to get better. Good stuff. As always ❤️
@growth-faith-live
@growth-faith-live 10 ай бұрын
Simple, straight to the point and no BS. You’re doing Gods work bro 👊🏿, I wish trading Gurus would be as real as you
@animosity2354
@animosity2354 14 күн бұрын
i came to this video with a 100 dollar loss on my prop firm simulation thinking it was going to be the end just to take notes and work in consolidation and came back out +70 dollars for the next day. thank you iman you helped me build my strategy been following for a long time keep up the good work
@co.n.g.studios5710
@co.n.g.studios5710 20 күн бұрын
funny af: u describe some - if not the - most fundamental parts of any trading of prop trading companies. must admit: I am extremely envious that u figured this out yourself. awesome job of providing this very thorough and accurate summary!
@hanyolo2041
@hanyolo2041 5 ай бұрын
did i actually just find a legit trading channel??
@yBazo82
@yBazo82 4 ай бұрын
I was like "Holy Fookiiinn. Shiiitbooolllzzz" as well
@scoop-kp1mp
@scoop-kp1mp 2 ай бұрын
Yeah just when you think you found someone they plot an intricate plan with their new found followers and rug pull everyone after they’ve rizzed everyone into a hypnosis over 3 years. Anyone who’s too genuine is fucking sketchy
@oliverqueen1779
@oliverqueen1779 2 ай бұрын
No
@silvianosolorzano581
@silvianosolorzano581 Ай бұрын
😂😂
@robertmatthews3909
@robertmatthews3909 Ай бұрын
You did🤫 Don't say it too loud❤😂
@nandasarva1133
@nandasarva1133 7 ай бұрын
In your other video you said " listen carefully - I do not/never change my stoploss to increase my loss" that improved a lot for me in my trading. Thank you for giving honest advice.
@dubzy21
@dubzy21 7 ай бұрын
"The pressure and intensity allows me to concentrate... to the ability of probably a normal person." lmfaoooo i felt that
@mrdev5281
@mrdev5281 8 ай бұрын
Well said @ 19:33 "if action is too chaotic you should not be taking a trade". Please add to your scripts what is also very important that many traders need help remembering. I'll quote myself this time, "If the action is too flat and lacking momentum you should not be taking trades." This is probably one of the most difficult conditions to realize "in the moment" especially as we are eager to take trades as we know, we must join the conversation (trade) to make money. One full day or more can simply be in a range move, but it can be measured and used as a caution not to trade. Many traders need to consider this to avoid getting chopped up as their stops will be hit faster than their lofty profit targets. Good work, and Peace Out Young Iman .
@BrandonAbel01
@BrandonAbel01 6 ай бұрын
If you are a beginner and have found this video, consider yourself lucky. The nuggets I liked: "Profit targets should ask as little as possible out of price action." For that use the ATR section of this video to help set your numbers correctly. And... "Just because you know what you're supposed to do, it doesn't mean you'll do it.", so don't be too hard on yourself and continue to learn from your mistakes. (which were hopefully in a sim account.)
@twinbow6165
@twinbow6165 11 ай бұрын
The most brutally honest and nerdy trader. But much more of this is needed when it comes to trading youtubers
@lovingmybaby9530
@lovingmybaby9530 11 ай бұрын
Man you are so right (21.00) I watched a hundred pip+ short in front of my eyes and a persuaded myself that there was going to be a pullback and waited for that illusive green candle that never came. I never saw such strong, long singing a song Red candles and still I waited. After, i actually slapped myself as everything on my charts was telling me to short but hope is a powerful thing. I have vowed it will never happen again. Good vid too!
@johnrichardson2636
@johnrichardson2636 Ай бұрын
Exactly….with pressure and intensity I thrive, whilst in the education system for my schooling and tertiary education, and then for my entire career in finance….I too trade 10, 15, 30 second candle charts, it’s where I thrive….fabulous video 👍
@QuietMindsIntrovertChannel
@QuietMindsIntrovertChannel 11 ай бұрын
I love what you say about not taking trades. Some days I just practice doing that. I’m using my discipline to just strictly observe and take notes and study the market. I mark up my charts with all kinds of notes anything that I can see that tells the story of the market and what it’s doing at that moment. Then I love to look at those charts I will look at one chart, sometimes for hours ❤️
@thenetaylor2768
@thenetaylor2768 7 ай бұрын
I've just started all of this earlier this year, and your videos have been entertaining and informative, thank you :) You're great dude
@jab8823
@jab8823 9 ай бұрын
wow, watched the entire video, such a breath of fresh air compared to all these other videos out there, telling me to look for this or look for that. the way you explained things in this video explains the exact way i view it, but the journaling for example and recording what youre doing is such great idea, if you dont know what you're doing wrong, or right for that matter, then how do you improve? its so simple, follow trends, instead of trying to predict the future, seems obvious but so many dont do that? do what is necessary to find what improves the odds of you making consistently good trades, thank you for the video! it definitely unlocked something in my tiny skull.
@andrewestes4999
@andrewestes4999 10 ай бұрын
Every iman video is a callout of how my sim account empties itself 😭❤️
@Gitche_Gumi
@Gitche_Gumi 10 ай бұрын
I gotta tell you, I was almost ready to write off trading as an option for me. I’ve been studying the markets since 2020 and have been experimenting on my own. I was able to get funded only to slowly bleed my account down to loose it. I’ve got 2 years to retirement from the army and would like to figure a way to be around for my family and trading has been one of my attempted experiments. I just couldn’t figure a way to make it work, but finding your videos and listening to your approach has motivated me to give it another go and really just do it all on my own instead of looking for ‘vetted’ strategies. I’ve got 2 years to figure it out after all. Good work, keep it up! (Also, if it matters, I’m 40 and it’s nice to see young folks doing good things)
@christianerfort9842
@christianerfort9842 10 ай бұрын
Did you make it?
@scott98390
@scott98390 10 ай бұрын
I'm 56, so and I agree - it IS nice to see you young folks doing good things 🤣
@kimpeater1
@kimpeater1 8 ай бұрын
Be very careful. Trading can easily become a gambling addiction. You have lives depending on you. Be smart.
@Gitche_Gumi
@Gitche_Gumi 8 ай бұрын
@@christianerfort9842 currently prioritizing other things, but I’ll make a concerted effort when my training is complete.
@Gitche_Gumi
@Gitche_Gumi 8 ай бұрын
@@kimpeater1 thank you for the cautionary tale. I am certainly not trying to rush to failure
@MikeCombe
@MikeCombe 9 ай бұрын
THANK YOU for making this video! You put a lot of energy into it. Except for your trading strategy, I've figured out the same things as you did. So you've validated my approach. I also record my trade strategies in XLS so I know what the expected results should be. So I look for setups for that strategy and expect a high probability outcome. Test, test, test a new strategy. Thanks again!
@BillyBob-tr5cv
@BillyBob-tr5cv 20 күн бұрын
At 31-32min mark where he talks about high volatility candles. I actually came to this conclusion myself a couple months back and everytime I see that I immediately denote that this is most likely a supply or demand zone based on what candle follows it. E.g. if I see a red candle with massive volume (4-5x the amount the prior candle had) and the next candle shoots up and just starts going bullish. I’m going to assume that this is a demand zone and wait for a retracement back to that zone. If I see that there is massive passive buy orders on the DOM I’m going to be looking for a long entry
@marintakanov
@marintakanov 3 ай бұрын
Your video is nothing short of exceptional! The depth of knowledge you share, combined with your ability to simplify complex trading concepts, makes this a standout resource for both novice and experienced traders. Your candidness about your own journey, including the challenges you've faced, adds a level of authenticity that is both refreshing and motivating. It's clear that you've put an incredible amount of thought and effort into developing and sharing your categorical trading strategy. Thank you for creating such a comprehensive and insightful guide - it's a true asset to the trading community!
@jsteve60
@jsteve60 9 ай бұрын
Hi Iman ! Thank a lot for your great work ! I've been struggling so much time and discovered your videos and the realistic way you approach trading, charts and so on. It has blown my mind and motivated me not to quit. Keep going this way, being such pragmatic :) Thanks again 🙂
@henrymonterrey5288
@henrymonterrey5288 3 ай бұрын
Massive Respect for making a big powerpoint explaining your thoughts and ideas on trading while also being very clear and honest. I'm very happy that you just popped up in my for you page and I'm sure other people that follow you would say the same thing. Your the best Iman I hope you get even further in your journey and life in general.
@WesleyDyer-dw5sv
@WesleyDyer-dw5sv 3 ай бұрын
Ok.. so Iam totally new to this. I have watched many videos. Iam studying candlestick patterns. Iam 100 percent determined to profit from trading.And now your video.....I listened once. Now Iam going to do it again.... You have caught my attention, but I have no idea what your talking about...
@AnimeKingJourden
@AnimeKingJourden 4 ай бұрын
Constantly rewatching this and combined with ATR its helped me find and edge and get more consistent with my paper trading. Will move over to funded in no time
@AnimeKingJourden
@AnimeKingJourden 2 ай бұрын
Ended up getting funded and now working towards my first payout. Don't sleep on the info
@faggyasdaniel5196
@faggyasdaniel5196 Ай бұрын
@@AnimeKingJourdengreat to hear! Good job
@kopiedes
@kopiedes 22 күн бұрын
⁠@@AnimeKingJourdenCongratulations! How is it going currently?
@AnimeKingJourden
@AnimeKingJourden 22 күн бұрын
@@kopiedes So far so good. I've gotten one payout so far and I have 3 50k funded accounts I'm currently working with. Patience and screen time are key, don't rush a trade
@synxcriptz
@synxcriptz 11 ай бұрын
For optimal timeframe the lowest that I would ever go would be the 5 mins. This is only because any lower and each candle would be too fast for me which results in a few fomo trades due to the lack of time to think objectively.
@Logan-fo1gs
@Logan-fo1gs 11 ай бұрын
Ive only watched 2 minutes to get myself in the head space but dude its awesome to see we reached the same strategy! I took your videos from months ago to heart and here we are. Ive tried to interalize price action and barely do active TA. I almost passed last month, currently in my 2nd evaluation. Inspiring to see you got funded, congrats bro.
@SufyanMughal404
@SufyanMughal404 10 ай бұрын
Brother can you tell me your strategy?
@RitikSingh-nl6ny
@RitikSingh-nl6ny 7 ай бұрын
how its going for you brother?
@socawarrior1263
@socawarrior1263 9 ай бұрын
After watching this , I still don’t understand where you would actually enter in a consolidation trade vs a trending trade , an example of you entry would have been been helpful
@BillHicks420
@BillHicks420 5 ай бұрын
At least for me, consolidation you can trade inside of, placing stop-loss outside when price successfully hits support or resistance. Or you can trade break-out (safest on some kind of failed retest). Trend you can pretty much take at anytime, of course, the earlier the better, preferably on a pullback. Look at futures symbol /ZW (wheat). HEAVY downtrend (May 28 to June 20 2024). The temptation is to say "oh it can't fall anymore". Look how many full trading days you'd be wrong!
@felipematheus853
@felipematheus853 5 ай бұрын
​@@BillHicks420 The problem is that this strategy uses only one variable: Price. Also, the ATR can't predict volatility; big candles are caused by stop-loss(stop orders) with high quantity of limit orders against the trend. So anyway, this strategy is simple and it's easy to make an EA to test this theory. And when your strategy can't work in simulations and backtest of a great sample (~1000 trades) and "just works by the psychological and peace of mind of the individual," the strategy doesn't work. You can get a lucky profit in the first ~100 trades, but you will lose all, certainly, in the long term. All I have to tell is based on my experience. I already have a model that works for 2 years and is based on volatility prediction and order flow (volume at price is bullshit). I don't think it's possible to make any consistent prediction with price action since the market is random 99% of the time (when institutional interference is not present).
@naimsaidani5315
@naimsaidani5315 3 ай бұрын
Thank God that there are people like you still on this earth who want to help people😊😊
@user-hc6oz3tp6i
@user-hc6oz3tp6i 7 ай бұрын
I rewatch thus video every now and then. And I want to thank you so much this video has helped so fricking much I start seeing more progress then before. You are the best ❤
@Egomotion1
@Egomotion1 8 ай бұрын
@imanTrading I wanted to thank you for all the videos, I have integrated a lot of information to work our my trading practices. For consolidation I have a similar style and certainly like the idea of trading with the candle instead of predicting the top, as for directional trading I usually don`t set a profit target, but rather let my stop loss follow once it achieves a certain goal, this opens up to follow the flow without a high risk of losing. But once again, keep up the good Job
@MikeyDavis
@MikeyDavis 11 ай бұрын
Consolidirection goes hard.
@laggiin
@laggiin 11 ай бұрын
i hope life has been good for you Iman, you help me and a lot of other people see the truth of trading rather than just tell us what we want to hear to buy a course. I love the sense of humor you have with those kinds of people lmao I wish nothing but the best for you and everyone who you help 💯
@TradingFailure
@TradingFailure 7 ай бұрын
Love your channel Iman, just wanted to say you've inspired me to start video journaling my own trades so I can work out all the things I'm doing wrong. Hopefully some day I'll get funded too!
@orenmoscovici4400
@orenmoscovici4400 5 ай бұрын
Thanks for the guide! This is so helpful as I've been following all of your beginner playlists. With newbies (like me) in mind, I think it would be a great idea to make a video tutorial about the first steps to take on Tradovate, covering how to set up the dashboard and showing how to actually place an order etc. I bet that would be incredibly appreciated by the community =) Thanks for the awesome work you are doing!
@Codester05
@Codester05 6 ай бұрын
i come back to this video because this changed my life,made me realize trading is simple. your a dawg iman🗣️
@happydappyman
@happydappyman 8 ай бұрын
There is a "consolidirection" Al Brooks calls it "trending trading ranges" which is a bunch of small trading ranges that all trend up or down. Most important part of your video was at 19 minutes. People have a very hard time sitting out and just not taking a trade.
@circuitusproductions
@circuitusproductions 11 ай бұрын
At 7:41 you talk about changing the tf throughout the day to adapt to volatility. While this isnt necessarily bad you could use tick charts to do this automatically for you:)
@rakaivanced5679
@rakaivanced5679 10 ай бұрын
Thanks for the comment on tick charts. Didn't know about them previously
@circuitusproductions
@circuitusproductions 10 ай бұрын
@@rakaivanced5679 Theyre good for adapting to volatitility and volume in the market
@Riffs_and_lifts
@Riffs_and_lifts 11 ай бұрын
This is great, I love your long form videos! Started trading in July of this year, had my first profitable month on my sim account in November. Blew it the fuck up this month lol. I’m starting to realize I do best from 10am - 11 am and 100% better in consolidation than directional price action. Anyways thanks for all your no bullshit insight, best of luck to you and your trading
@RitikSingh-nl6ny
@RitikSingh-nl6ny 7 ай бұрын
how its going for you brother?
@RShakes
@RShakes 11 ай бұрын
Thanks for all the time you spent on this! I really appreciate how much effort you're putting into helping others not only grow as a trader but also avoid the common issues and fake gurus.
@chrismose3252
@chrismose3252 8 ай бұрын
For the last 2 months, as part of my trading strategy, I watch this video AT LEAST twice a day. Most importantly, I watch it once before I begin my trading session. Then, I relax and get to work. Thanks, Iman 💯
@RitikSingh-nl6ny
@RitikSingh-nl6ny 7 ай бұрын
How its going for you brother?
@chrismose3252
@chrismose3252 7 ай бұрын
@RitikSingh-nl6ny Thanks for asking! I have been going through evaluation since that last post. I have not hit profit target yet, but I am well past my trading days needed. I realized that if I take off the profit target and wait for directional price action, I tend to make more money than I lose. Still breaking even though.
@yburak1
@yburak1 2 ай бұрын
Appreciate the effort and the honesty 👍🏼 So any specific entry criteria you use like some types of candles or you’re just trading the levels during consolidation and breakouts during direction?
@garkeiner2342
@garkeiner2342 8 ай бұрын
Thank you for this awesome explanation! It makes a lot of sense. Kinda-sorta-halfway-off-topic: One aspect that nudged me from a similar line of thought to automated trading was the sample size though. Automated testing (done sensibly) gives me so much more confidence by the sheer number of trades I can analyze. This, in turn, lets me extrapolate a somewhat clearer picture of what behavior to expect by following a certain strategy (esp. the boundaries - what's approximately the worst drawdown to be expected, etc.), which also helps to spot (sequences of) trades that should trigger a closer reexamination. Perhaps that's just an idiosyncrasy of my quantitatively inclined mind though. I don't trust my intuition without a lot of data points to lean on - more than I could manually accrue in some reasonable amount of time.
@Roartykarma
@Roartykarma 8 ай бұрын
This might sound odd, but I dont actually understand what you're doing. You're watching price action, to see if the candle itself it going up or down, then you put a buy/sell limit order on based on the candle hoping that it's going to return to where it came from and then push in the direction of the trend it's pushed to already? The stop is above the forming candle? Isn't this really risky? Apologies I'm just thoroughly confused.
@Nyancat703
@Nyancat703 4 ай бұрын
Kinda disrespectful how you wipe the floor with all those gurus when dropping these absolute nuggets of wisdom. Cheers
@nondscript1751
@nondscript1751 10 ай бұрын
i love tom hougaard. he totally changed my trading approach
@tramekab
@tramekab 10 ай бұрын
Love the humor and perspective. RR is the one thing I’m having issues with right now and this is what I needed! Had to watch this video a second time and take notes
@lawandaedwards1724
@lawandaedwards1724 9 ай бұрын
Can someone explain this in a step-by-step format?
@rameshhansaravendra
@rameshhansaravendra 11 ай бұрын
Switching the atr setting to 1 is a very good idea. 👍
@ummagawdFPV
@ummagawdFPV 7 ай бұрын
what should the smoothing be set to?
@filipmatek
@filipmatek 11 ай бұрын
Great advice but my favorite startegy is waiting for the mac and cheese oscillator crossing the rainbow volume delta with a retrace of the 98% fibonacci index, 60% of the time it works everytime!
@anshkhilnani2796
@anshkhilnani2796 11 ай бұрын
I enter on a 97.32% retracement of the Fibonacci index. I have a 100% hit rate when I’m right. Not to mention; I trade with the banks, I can predict what’s next.
@prabhsingh5936
@prabhsingh5936 11 ай бұрын
Please please can u elaborate this strategy a bit more!! Appreciate it
@anshkhilnani2796
@anshkhilnani2796 11 ай бұрын
@@prabhsingh5936 You dont know about smart money concepts, therefore, I am a superior retail trader than you, peasant.
@mklrodzpad4629
@mklrodzpad4629 10 ай бұрын
I first started watching your videos a long time ago for the fart noises you would make every time a trade went sour, so entertaining and so much fun, I've always been impressed with your Raw Talent, and determination. Thank you so much for taking us on this crazy Journey with you. I have been trading for many years but I have to say I am actually learning a thing or two from you
@RitikSingh-nl6ny
@RitikSingh-nl6ny 7 ай бұрын
how its going for you brother?
@TheWarhoop
@TheWarhoop 11 ай бұрын
Instructions unclear. What time frame should I use with the turkey ape pattern for the chicken wing market? The 13 minute 47 second timeframe?
@ZeeProductions2001
@ZeeProductions2001 11 ай бұрын
yea bro 1st go on to indicators load the Campbell's chicken noodle average then when the price crosses over the average bet that the price of chicken wings will go down, and then close the position for the difference
@TheWarhoop
@TheWarhoop 11 ай бұрын
​@@ZeeProductions2001 instructions unclear. Do I have to use the boxed Campbell's or get a different microwave? I'm assuming this is why my stepsister is constantly stuck in the couch...
@hansolo7052
@hansolo7052 4 ай бұрын
Help her, stepbro!!
@bryonseilerXauBry0716
@bryonseilerXauBry0716 7 ай бұрын
Much respect young Man. I put you up there with Stacey Burke in your honesty and sincerity. Thank you for your content.
@Ykdailytv
@Ykdailytv 11 ай бұрын
Yes I’ve always thought about trading like this. I was like why not just trade by the candles in super small time frames kind of like the way you were describing I even tested it out myself. It worked pretty well but the only little annoying thing was that to make decent amount of money with this you need to have a Lotta contracts or big contracts like E minis, and when you’re taking a little trades like this with a lot of contracts, the commissions eat up a lot of the profit.
@ColdChriss
@ColdChriss 8 ай бұрын
Do you know a way to overcome that? I heard this cannot be done with micros because of the commissions, I have had this question in my mind for so long but just cannot find the answer or someone who talks about it. Like, we should do the trades with 1 mini instead? Or how many micros? I'm lost on this, help me man
@azouitinesaad3856
@azouitinesaad3856 3 ай бұрын
i learned more in this single video than i learned watching tons of repetitive videos from trading gurus
@brianschwarzentruber9453
@brianschwarzentruber9453 11 ай бұрын
My man! Information packed. This is a daily watch for the next couple weeks. Thank you. Book deal in the works!
@TMinh956
@TMinh956 11 ай бұрын
Short answer: Match process to personality Long answer: This entire video
@Stoictraderlossonly
@Stoictraderlossonly 10 ай бұрын
Bro i love your content, its so authentic and real, all this serious shit every other youtubers tells is like bullshit, it fr doesent metter in what timeframe you trade, if it works for you, its good, also i love your humor and i love you
@BolathineCorneliuscumberbatch
@BolathineCorneliuscumberbatch 11 ай бұрын
How do you avoid trading when the trend changes? Also isn't scalping the consolidation's price action sort of like support resistance?
@Icemancomith1951
@Icemancomith1951 3 ай бұрын
This is pure gold I'm going to test and record my sessions and review them thanks I man for opening my eyes i have unsubcribed from all those gurus and will only follow you now!!!
@hytrader3241
@hytrader3241 10 ай бұрын
i dont really get it at all, but ill try. rewatch it a few times. thanks
@mhmdrizky26
@mhmdrizky26 10 ай бұрын
Very inspiring! Currently, I still focus on learning in the NFC community. Every day brings new insights and opportunities to grow.
@znelson32
@znelson32 14 күн бұрын
This is great but a bit over my head. I’m a step or two behind. What should I consume prior to watching this again so it sinks in easier? Thanks!
@michaelcollins8650
@michaelcollins8650 8 ай бұрын
You talk about all the "bad gurus", but could you do a video on people are a good to learn from? What do you think about Daniel Inskeep, or Pandrea Finance (i know he pushes options, but not as click baity)?
@Benjammy
@Benjammy 11 ай бұрын
I’ve been using the 1:1 R for awhile now and I have found that selling half at 1:1 and moving stop to break even allows you to catch the small and large moves. So still a 50/50 chance on reaching the 1:1 but you also have the possibility to get a way more money out of the trade. Especially if you can slowly take off contracts on the big candles. Idk it works nice for me!
@jeevajeeva2481
@jeevajeeva2481 10 ай бұрын
wow that's genius ideas, yes i too use the same in stock market, if you have other inputs share here, we will learn eachother
@Benjammy
@Benjammy 10 ай бұрын
@@jeevajeeva2481 think of trading like owning a weighted coin. Over time you have the advantage but you never know which individual flips will be heads or tails. Just make sure you only take trades off of your “weighted coin” instead of when you get a hunch. Whenever you take a trade with a “hunch” you’re no longer using a weighted coin and are solely using a normal one. Good luck trading!
@jeevajeeva2481
@jeevajeeva2481 10 ай бұрын
​@@BMWE-hm7uz i strongly thought about in others pov i may be a scammer 😂 or usual forex comments 😂 im also nobbies trader bro look for strategy
@XXPomanTradingXX
@XXPomanTradingXX 9 ай бұрын
Ty for sharing your idea. It means alot. I don't know shit and constantly fail everyday. Paper acc but it still hurts.
@clarencewong9254
@clarencewong9254 6 ай бұрын
Thank you man. Vid so good, I had to pause multiple times to confront myself of my own goblins. Just want to let you know I appreciate it much.
@Infinityduuu8
@Infinityduuu8 10 ай бұрын
I love your approach to trading. Meta/big picture thinking. You seem like a really smart guy. 😌👏
@davidrandles8924
@davidrandles8924 11 ай бұрын
Cheers, this is perfectly inline with my experiences learning to day trade. Not like 99% of channels I have tried to follow. So just wanted to say thanks 🇬🇧
@toshioFX
@toshioFX 10 ай бұрын
i trade opposite to your style, i trade directional moves mainly on the US30 Open. I plot rough estimations of the most recent swing points which "box in" price just before 930 est. I buy after a strong close above/sell after a strong close below these lines. I use ATR of the breakout candle to determine if i trade or not and to determine my stop size. Stop size will be 78.6% of the breakout candle range, trailing start immediately after 1 pip profit. Its my favorite Fib number and last point of possible reversal for retracements.
@RitikSingh-nl6ny
@RitikSingh-nl6ny 7 ай бұрын
how its going for you brother?
@techbytefrontier
@techbytefrontier 10 ай бұрын
Really liked your approach to the market. You are something else, good job!
@littlehammer87
@littlehammer87 10 ай бұрын
Always the best Thomas!! I'm improving a lot thanks to you !! As Always thank you ! ❤❤
@KomoriNoKage
@KomoriNoKage 9 ай бұрын
I'm implementing something conceptually similar on one of my cbots. But instead of adjusting the timeframe according to the desired bracket size, I'm using range bars. When volatility increases, the cbot gets faster on its signal analysis, because more bars are being generated in a shorter period of time.
@AnthemDrums
@AnthemDrums 11 ай бұрын
In my book - figuring out everything you have, and implementing what you know about yourself AND price action in one year & change, is fast. Im going on three years and still trying to get my dumb-ass to not do the stupid things I know I should not do. FOMC days -dont trade. How many times have I told myself, these days, for me are extreme gambling. Every damn time. I guess I just need to mature more and follow my rules. Damn its hard. Great video. I love the way you think about things.
@Mannnn-g3d
@Mannnn-g3d 11 ай бұрын
genuinely don't know a trading youtuber as real as Iman
@DontKnow443
@DontKnow443 Ай бұрын
Hi Iman! Any update on your trading journey? Anything new you've realized since the making this video?
@whimsythecrypto-hippy-wolf1900
@whimsythecrypto-hippy-wolf1900 Ай бұрын
Bump
@jtechsource1881
@jtechsource1881 10 ай бұрын
i hope this channel gets 1 millon subscribers by the end of this year
@b_l_u_e___5111
@b_l_u_e___5111 2 ай бұрын
Never thought I would like to trade on seconds but damn this scalp is really good thank you
@ricklarsen7477
@ricklarsen7477 11 ай бұрын
Price is always consolidating, but the question is which time frame? That's usually how I see it.
@blueboyd5297
@blueboyd5297 11 ай бұрын
Great video! Started back when youtube first came out. Basically the hot thing at that time was to trade structure (Wedges, patterns, breakouts of structure)...I literally had to unlearn to start looking at the smaller components such as candles sticks, ....and I began to look at price like you are explaining in great detail here. Alot like you I do best in consolidation, and struggle in expansions (especially if they are bullish and with trend). Great video. I hope they name CAT, attributue it to you, and you develop and ICT like cult! dont forget to makeup more names. (your fine. Im digging at ICT) lol
@ttrqs
@ttrqs 6 ай бұрын
great vid, learned a lot can you recommend some podcasts that help me on my trading journey?
@usedcolouringbook8798
@usedcolouringbook8798 9 ай бұрын
So basically this is the Dark Souls of trading?
@XXPomanTradingXX
@XXPomanTradingXX 9 ай бұрын
😂 bro all trading is DS to me.
@rickpilot601
@rickpilot601 11 ай бұрын
Since you record all trades it would be nice to see actual trades played back, I'm still not clear what you are doing (been trading many years)
@davidzamecnik5472
@davidzamecnik5472 10 ай бұрын
I am Papertrading now supply and demand zones for 3 months. Good results. Ready for prop challenge. I made for myself fake challenge with rules and verification on demo acc and made it🎉.
@XXPomanTradingXX
@XXPomanTradingXX 9 ай бұрын
Congrats!!! How'd the test go?
@davidzamecnik5472
@davidzamecnik5472 9 ай бұрын
@@XXPomanTradingXX Hi I upgrade my strategy and added rsi divergence. Now i am in process of trading challenge from 20. February 2024. I am scalper. Fast trades. 2% made
@davidzamecnik5472
@davidzamecnik5472 9 ай бұрын
@@XXPomanTradingXX hi I am on challenge from 19 February . I am scalper. I ugrade my strategy added rsi divergence. 2% now. I must follow my trading plan strictly. Yesterday I focused worse and not followed plan. Made trade I realized that in the moment after that in the end it was profit trade. And second trade strictly planned.
@davidzamecnik5472
@davidzamecnik5472 9 ай бұрын
@@XXPomanTradingXX did u read Mark Douglas Trading In the Zone, Disciplined Trader ? Recommend
@RitikSingh-nl6ny
@RitikSingh-nl6ny 7 ай бұрын
@@davidzamecnik5472 how its going for you brother? you got funded?
@Drakanudo
@Drakanudo 9 ай бұрын
Hi, one more subscriber here, I love your content and what you teach. Im actually profitable thanks to you, the ideas not the trading system. One question: how do you get the ATR like dots or little lines, mine in Ninjatrader is like a graph, a continuous line, Is there an option I'm missing?
@Mostradamus9
@Mostradamus9 8 күн бұрын
An idea i have is trying to implement this with different charting styles and see how that works.
@giorgiagiommoni4952
@giorgiagiommoni4952 9 ай бұрын
man, I think you're such a great creator, just subscribed, I can feel the dedication and passion from here, from italy! ahaha sending you kind thoughts and many thanks for the content you're uploading🫶🏻
@ingot95
@ingot95 11 ай бұрын
@ImanTrading Appreciate the video and sharing the system - when I look at a chart and spot a consolidation, that typically ends very quickly and evolves into a trend. And vv. trend -> consolidation. So I'm not sure how you can make an educated guess on the current PA category not changing?
@GrlTakeABath
@GrlTakeABath 10 ай бұрын
I love the mental awareness part!! Follow your rules!!
@sumo479
@sumo479 11 ай бұрын
Hi Iman, I love to study strategies and for me this one comes with some real hurdles. Super scalping with a one to one profit and loss targets with commissions will most likely require at least a 60+% win rate just to break even, where commissions will most likely be over 10% of your gross profits. I wish you the best with your trading Iman and hope you turn the corner one day to be profitable. Would you be better trading on think or swim with zero commissions and just trade the indexes instead of futures.
@OG-fq1gh
@OG-fq1gh 10 ай бұрын
Thanks buddy. I have subscribed from so many channels thanks to your work. Most recently from TMA. What a bunch of liars. Keep it up!
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