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InvestCEO with Kyle Henris

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298 contributions to InvestCEO with Kyle Henris
Ahh Ha Moments Will Arrive, A couple Came In Today
so today is day 18 of being here with all you wonderful folks πŸ˜€ In the past couple days I have finally had some breakthroughs as far as ahh ha moments are concerned. Even though most of my losses in my practice have been through the phone app, it is somehow related to my ignorance on hoe to use the phone app so I will stay away from it unless doing simple buy/sell performances but changing noting. I will have it all setup on the computer before I go to work so I don't screw it up...lol. Do you remember crossword puzzle where you didn't know the answer to fill in the blank but the more you filled in brought the answer you were looking for to light at some point? That is where I finally landed today 😁 I am finally able to look at the chart and for the most part, be able to see the plan. I have decided to reset the paper trade money that is at 100,000 to start on Monday again and will look to make over 4500 profit per week for at least 2 weeks in a row before my first evaluation. This is my own goal because as a "Business Owner" we have to set our own goals. I am now ready to take notes and do self evaluations and I will know when I am ready. I want to give thanks to Kyle and the rest of you for all your input and attention to helping all of us as we go...you are all pricless...so happy to be here. Love you all...have a great weekend. πŸ˜πŸ‘
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New comment 1d ago
4 likes β€’ 2d
Thanks for being an active member in this community. In my opinion, setting a goal of executing well and grading yourself on executions is a better gauge if you're ready for an evaluation account. You can only control what you can control and you should grade yourself accordingly. Obviously, we all do this to make money, but you can execute flawlessly according to your trade plan, risk management, entry, exit, and cancel criteria... and the profit was weak because the market didn't go your way. Does this mean you're not ready? There will be base-hit weeks. And there will be home run weeks! Setting a weekly dollar amount as a goal is problematic, in my opinion. Control what you can control. And let the market take care of the rest.
Random Thought
I am really enjoying the content in this course!! it's simple and easy to understand but effective.
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New comment 1d ago
2 likes β€’ 2d
The course material is phenominal! I would encourage you to thoroughly practice the mindset material. The proper mindset when trading is a game changer.
Jedi Tips (paper trading)
Hi guys, hope you can help I’m still relatively new to this and I’ve been trying to practice Jedi entries on paper trading, using the supply/ demand blocks. Could anyone tell me if I’m doing this right?
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New comment 4h ago
Jedi Tips (paper trading)
1 like β€’ 2d
Both of your screenshots are the 5 minute time frame. Are you drawing your supply and demand blocks on the 1 hour time frame? If you have the time to participate in the markets on a shorter time frame, the superman model will provide more trading opportunities. Having said this, it is critical that you only place trades when price is in a supply or demand zone on a larger time frame (generally 1 hour). Fresh supply and demand zones offer the highest probability for successful trades.
Superman Question
Hope everyone is having a great weekend! I've finished all of the course videos and have started on my practice sessions. When price returns to a supply zone, I switch to the 5 minute chart and look for a market structure shift. In the TradingView pic below, I'm waiting for price to close below the fractal low (Blue underline) to draw a new supply zone. What happens when a new fractal low appears? Am I still waiting for price to close below the original fractal low or do I move to the new fractal low? Thanks in advance.
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New comment 4h ago
Superman Question
2 likes β€’ 2d
Yes, the newer fractal low is acceptable for criteria. So, when the last candle in your screenshot closes below it, criteria is met for a limit order. Of course, price has to move back to your entry price to be "in" the trade. Keep practicing, Greg! πŸ’ͺ
Short Trading For Dummies Like Me πŸ˜†
Hey guys πŸ˜€ found this great who what where and when vidoe on short trading. I have had it slightly taught to me by many and have watched many vieos that claim they are teaching beginners but whenever you watch their videos, they act like you know about it for the most part already...lol. but this is "Shorting for dummies" so it really hits home for me..lol. Anyways...hope it helps anyone who needs to learn it. It made it click immediately after trying to get it for the last 2 weeks. thankful for this video 😁 https://youtu.be/hSCDF-unm2U
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New comment 2d ago
Short Trading For Dummies Like Me πŸ˜†
0 likes β€’ 2d
I didn't watch the video. Does it discuss futures? Going short on futures is different than shorting stocks.
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Bruce Murray
6
1,435points to level up
@bruce-murray-7356
I'm a husband and father of four living in Tennessee. I drive a truck for work and I'm eager to park that truck for good! Very grateful to be here!

Active 2h ago
Joined May 14, 2024
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