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InvestCEO with Kyle Henris

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162 contributions to InvestCEO with Kyle Henris
Been a while.
After passing 2 evals, and then slow burning them to the ground, I took some time off, pursued other information, chased a bunch of stuff. failed more. Took more time off, and now I'm trying to come back fresh. New year, new commitment. Trade 1 of the year was a win for +618. Just as a simple trade on 6x MES, closed 4 at 2:1, final 2 at 2.3:1 on that 11:54 candle. stop on those was the bottom of the 11:48 one.
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New comment 4d ago
Been a while.
2 likes • 4d
Welcome back! Let's get it this year 💪
2 likes • 4d
@Jonathan Hutchins Change of character, based on the SMC as Justin mentioned. Basically means, depending on a few factors/inputs, that the trend went from bearish to bullish or vice versa
Question about paper trading
I took my first two trades on trading view. Try to forget about the sizing! lol But I noticed that my orders were cancelled I don't quite understand this. I see that I lost money but it doesn't look like price went beyond the red box, so why did I lose?
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New comment 4d ago
Question about paper trading
1 like • 4d
Share a pic from your orders or history tab and we can probably help better
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New comment 6d ago
3 likes • 7d
@Elisa Kacha There will be more sales in the future, 80% has been extremely common. My general guideline to new students is to prove you can successfully paper trade before signing up for an evaluation account
0 likes • 7d
@Melody Aiello This was my message above, to someone in a similar situation: There will be more sales in the future, 80% has been extremely common. My general guideline to new students is to prove you can successfully paper trade before signing up for an evaluation account. Think about it more from a business perspective. As a business owner, would you start paying for something now in hopes to take advantage of it at an unknown date down the road? Or just wait, capture the "savings" from waiting, and pay for it when you actually need it?
Placed a Paper Trade Today...
Hey I'm new so this is one of the first trades I've ever placed. It's a short trade with a Jedi set up. Have some extremely newbie questions to ask. As you can see from the chart, the candles entered into my demand zone. I got the alert on my phone, so i did my best to place the trade using that for the first time. In hindsight, I realize my entry was at the top of the zone instead of the bottom, caught myself on that one. Also, I couldn't make out where to set my order to be sub $500. Out of trepidation of the market moving past the zone, I purchased a few hundred $ above 500. It's hilarious how easy it is to go outside the boundaries. However, after I placed the trade a wick went above my zones. I assumed this would equate to a loss. But it then came back down into the zone and has ended up being profitable. Is this common? Is this what it means to, "let the trade play out?" Or should I have cancelled the trade once the wick went above my zones. Also, do I have to do anything to collect one the order has been filled or is all automatic?
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New comment 2d ago
Placed a Paper Trade Today...
1 like • 7d
@David Jayne Yes, that is correct on setup and order placement. However, I would not consider that a demand zone
1 like • 7d
@David Jayne No. To create a new demand zone, you typically want one of two things. 1, invalidate supply (1 hr candle closure above 1 hr supply zone), or 2, price to set a higher high (1 hr candle close above a 1 hr fractal). The second one is what you are looking for based on your comment, but you would want a 1 hr candle to close above that adjacent fractal
Should you use only 1 lower TF for all your Superman trades?
Should we stick with 1 particular lower TF when looking for Superman entries? For example if I don’t like the chances of price coming back into my entry point on the 1 minute TF, but looks more promising on the 3 minute TF, AND (very important and) all my other.criteria is still met, is there anything wrong with switching to the 3 minute TF? Is this a bad habit to get into? I see the potential for this to turn into to chasing price, but, if I make sure all the normal entry criteria is met, are there down sides to this I’m not thinking of?
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New comment 5d ago
3 likes • 7d
Good answers above, but it's also more complex than a simple yes or no. Like Mark said, timeframes are just another lens. Often newer traders will get analysis paralysis from switching timeframes like that, or looking for more than one entry style at the same time. Market dynamics often play a role in which timeframe is better, so whichever works best now will not always work the best. Back testing for a few months, like mentioned above, is best to get your short term answer. From there, as a long term successful trader, you'll need to be able to determine when it's not optimal, what to switch to, and when/how to switch. Eventually, you'll be able to easily switch between a couple timeframes, or a couple entry styles, when your data says you should start looking. That way you will be ready and prepared to make the change when that time comes while not chasing any trades. Hope that helps
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Matt Wedan
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1,474points to level up
@matt-wedan-2791
InvestCEO Coach :)

Active 9h ago
Joined Sep 5, 2023
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