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InvestCEO with Kyle Henris

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128 contributions to InvestCEO with Kyle Henris
I'm back
Back in action after a much needed break. Mind, Spirit and Body feel refreshed. That being said, I'm going for a 250k account, just activated the eval. True there's less room to lose on drawdown, and the profit targets a smidge higher, but hey, why not. I can, and I will do this once again.
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New comment 2d ago
2 likes • 2d
Let's gooooo! Welcome back!
Paper trading practice
Hope everyone is having an awesome Wednesday! I am still in the practice section of the roadmap and have been paper trading for about ~ 1 month now. I’ve gotten pretty comfortable with creating blocks and entering Jedi/superman style trades. The only thing I can’t seem to figure out is how to close a position correctly. I know Kyle talks a lot about letting trades run and not exiting early but I’d still like to know how to close a trade when I need to. For example, I’ve been up in a trade +$1000 but when I go to close the trade it either ends up a 0 or sometimes -$50. Thanks in advance!
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New comment 3d ago
1 like • 4d
Really depends on a lot of things. Short answer is to draw the short/long position tool how you want the trade to go, right click on it and create a limit order, adjust your sizing, and then hit the buy or sell button. That way, the entire trade executes without you having to mess with it, whether it's a win or loss
Trading in Southeast Asia
Any recommended indexes to look at for trading in Southeast Asia time zone? 6am - noon falls in the Tokyo/Sydney trading. London doesn't start till 3pm and is probably a bit late for me.
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New comment 4d ago
1 like • 4d
It's going to have lower volume almost regardless. You could look at Gold, some of the currencies (for the funded route, Apex has a list of tradeable tickers on their site), Nikkei, etc. I would look at the volume during the times you're wanting to trade and see if it looks high enough, and if so, back test those time periods to see if it gives you results you're satisfied with
Apex Trade Copier
Does the Apex Trade Copier ONLY work with Ninja Trader? I saw the page for it says Ninja Trader, Tradovate, andTrading View, but I don’t see any actual discussion on anything but Ninja Trader. Also, I assume it requires Windows? I only have a Chromebook right now, and I’m using Trading View with a Tradovate account. I’m thinking I’ll make sure I pass one EA at least, and then I’ll get a Windows laptop if I need it to copy trades and overall improve my experience.
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New comment 4d ago
1 like • 4d
@Allison Alberts You need to select an instrument up top, i.e ES or NQ and correct expiration date
Not an exact science
Coaches - please correct me if I’m on the wrong path here … After the ups and downs of the last couple of months, reviewing class work multiple times, and staying up to date with the conversations around here I’ve come to a few realizations: 1. This coursework provides a solid foundation in understanding they ‘why’s and how’s’ of market movement 2. The most important part of the coursework - and hardest to master is the mindset and approach 3. Patience is a virtue! One many of us have to work on 4. Too many indicators or too much information (ie - what others are doing) can become ‘noise’ and create confusion in your own personal development. Certainly worth looking at, but can become overwhelming causing you to loose sight of the basics. Don’t be afraid to wipe the screen clean and reset. 5. Practice (paper and backtest) are KEY for personal development - just because a trade set-up worked for you once doesn’t mean it will work for you often enough to be profitable. You need to prove that out by having success multiple times. rushing the process actually prolongs success. But most importantly - this is NOT an exact science. The tools we have been so graciously given are to be used as a foundation to develop our own personal styles. We all process information differently and have different reaction times to the data we see. So trying to ‘memorize’ or perfectly duplicate something someone else has done is virtually impossible. If your S/D zones aren’t exactly the same as someone else’s - that’s ok as long as they work for you! If your risk ratio is different than someone else’s - that’s ok as long as it works for you. Want to trade a different index, use additional tools etc - go for it as long as it works for you. BUT- always keep in mind what works for someone else won’t always work for you!
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New comment 4d ago
1 like • 4d
Nice summary, good job! Now let's see you put that into practice and make the progress on your journey 💪
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Matt Wedan
5
55points to level up
@matt-wedan-2791
InvestCEO Coach :)

Active 2d ago
Joined Sep 5, 2023
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