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14 contributions to ICC X SWAY
Proper risk management
I'm not saying these are the golden rules but it works for me. Feel free to adjust and critique to your liking. I'm just trying to prove risk management is key, I thought I'd share with the family. Works on Forex. It's a whole other calculation for Nas and XAU - Account amount ➗️ 5 days = Daily dollar amount. -Account Amount ➗️ 30 days = Daily lot size. ($300 ➗️ 5 = $60 daily goal) ($60 daily goal ➗️ 30 = 2.0) Always move decimal to the left Daily lot size would be .20 More then likely I would place two trades during the day at .10 each. My goal is to double my account every weeks or so. I reset my my daily goal and lot size once I double my account. With @Tadarrius Adams , discipline and a solid trading plan my account should compound in no time. SCI's a blessing. See ya'll at the top.
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New comment Jul 7
1 like • Jul 7
@Joe Manson not necessarily. your stop loss goes below the last low. if the risk is to much your entry is wrong.
2 likes • Jul 7
@Josiah Hurst this guy explains it better then I could explain by typing. https://youtu.be/-6QkUy9VxXs?si=rv06BEvFET8g-q_w
📢ICC SCALPING - MUST KNOW👇
Markup 1H to understand the bigger picture (Overall Trend) . I like to scalp and swing so I take trades accordingly. The 1H markup helps me understand what is the overall phase we are in, either Indication, Correction or Continuation phase. Then on the 15m, I trade according to the 1H phase (1H Correction - 15m Counter Trend Trades and 1H Indication / 1H Continuation - 15m With the Trend Trades) Drop a like if this is of some value to you!🤝🏽
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New comment Jul 9
📢ICC SCALPING - MUST KNOW👇
1 like • Jul 7
I like the way you think my friend!
US 30 long
Hey guys what do you think of this set up. Im new to ICC and need feedback for my zones. Thank you
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New comment Jul 7
US 30 long
0 likes • Jul 7
box off the high and the low. Wait for it to break and retest a support or resistance.
Love Account
Man I see why y’all said make the demo account realistic. It’s hard working with a $100 account. The margin killing me 😂😂😂😂, can’t even play A $1
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New comment Jul 8
1 like • Jul 7
it can be done with a $100. in my opinion atleast $500 - $1000. my opinion again you should make your demo account amount reflect similar to what your real account amount would be. That $5000 demo account will hit harder than that $200 live account and your emotions will be a wreck. You don't want to trade if your head space is not right. Your feelings will be hurt. It helped me a little by studying the trades mindset. I'm still struggling in a way as well....Lol
New Gold Setup For Next Week🤔
This is a gold setup I'm looking at for next week. I want to place a buy at 2328 to 2335 because price has shown bullish structure to this high after closing above 2328. Just waiting for price to create a support above 2319 and continue above 2328 to take the trade. I'm thinking about taking partials at 2335 instead of closing out the entire trade though, it just depends on what price is looking like because I see a bullish trend to 2366 once price closes above 2335. I might not even take it because I don't like trading news and next week is news heavy but I want to know yall thoughts. Also everything was done on the 1H timeframe.
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New comment Jul 1
New Gold Setup For Next Week🤔
1 like • Jun 30
Great setup. Market hasn't given a clear indication as to where it wants to go. wait for the breakout and retest of that no trade zone are my thoughts
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Keith Murphy
3
40points to level up
@keith-murphy-4539
Excited to be part of the group. Looking to expand my trading knowledge to propell other ambitions and provide an extraordinary life for my family.

Active 13h ago
Joined May 20, 2024
Loganville, ga
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