Hey guys so I was just wondering if someone could help me clarify on something basic. this screenshot is from the first video dealing with jedi entry models. He's talking about making a order or a trade where that big green and small red rectangle are he said he put a limit order in at the bottom of the red square, and a stop loss at the top then he said that the green rectangle denoted a 5:1 profit margin my question is, how is it a five to one profit margin? I thought we were just making a sell/barrish order when price went into that supply area (red square). are there two trades that take place in this scenario? I thought it was just one. If someone answers this question, (which i would be much appreciative of) it would also answer my other question which is: Does one need to first make a buy order to obtain shares before they make a barrish/sell order? thank you for any clarification

hey everyone, im having some trouble finding what a stop loss actually is and how to use them. is this in the coursework? i couldnt find it. i found one video in part two of the big money playbook but im a total noob so i was wondering if anyone had any additional resources on that. thanks

hey yall! I'm practicing drawing demand and supply so a little bit to the left of the first supply zone there was a green candle ( or a wick actually) that made a low that we closed below at around 21:00 on october 30th. now with the trend low I based it off of, it was a wick only, so does that mean i shouldnt count it as the low because its only a wick and not a full closure? i think that would mean there would be another supply zone i could create from the market closing at 5,859.00 at hour 13:00 additionally we closed at 5,805.50 at hour 4:00 which caused me to draw the second supply block i drew, and then a similar thing happening for the third supply block. I feel like theres no demand i could draw for now right? becuase price moved below the demand that could have been drawn from the previous highs from october 29th shown there? thanks for any input

so ive heard that when the price closes above a supply zone (not just the wick, a full closure) then you create a new supply zone, and the same is true reverses for demand. is this covered in any of the videos? i didnt remember hearing about it much in them. i just dont have much of an understanding of it haha thanks

hey everyone hope you're all doing well i was watching kyle's video on drawing supply he says when price closes below a demand zone, thats our indicator to create new supply from where it originated then he gave another example afterwords for other "trend lows", to me seeming like he drew a new supply zone every time the price hit a new low are trend lows and demand zones the same thing? like would there always be a new demand zone if we hit a trend low? thanks for any input