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7 contributions to InvestCEO with Kyle Henris
TV - The Leal - Paper Trading
Paper trading - The Leap - Trading View has a paper trading contest - The Leap that just started.
One Trade Strategy
I attempted to trade 10 contracts on my EA accounts as a means to complete the evaluation in one trade. Kyle had outlined this approach in a previous training. The trade would have been successful, but I was stopped out before it became a winner. Not sure why I was stopped out. I did not have a stop entered in on the trade, I had the full $2500 trailing limit still intact, and I was stopped out at about $1200 before the trade went on to win. Any thoughts on what happened or if I am missing something here. Thanks!
0 likes โ€ข Mar '24
@Ryan Henris I dont have access to the vid or that section for whatever reason.
0 likes โ€ข Mar '24
@Ryan Henris Thanks
YOUโ€™RE INVITED ๐ŸŽ‰๐ŸŽ‰๐ŸŽ‰
I want to invite each of you to a very special event live on Zoom this coming Monday (3/4). My biggest career dream has been to change the way people experience money, so they can change the way they experience freedomโ€ฆ That means: โœ… Learning all the finance, tax, and wealth stuff we should have learned in school. โœ… Learning a flexible high income skill so we can make more money without a boss. โœ… Learning how to invest in assets, create passive income, and leave a legacy. I wanted to create a learning experience, a community, a FAMILY that would allow people to have all three! A one of a kind coaching and bonding journey with the goal to create a better life. Some of you have asked for a way to get more help beyond just the videos, and I want you to be the first to see that creation. This Monday 3/4/24 at 7pm est Iโ€™ll be hopping on live for the Opening Ceremonies of that creation: ๐Ÿ† The 100 Days To Freedom Journey ๐Ÿ† Iโ€™ll be sharing my own journey as well as peeling back the curtain on what Iโ€™ve created to help you on yours. ๐Ÿšจ If youโ€™d like an invite, just comment โ€œINVITEโ€ below!
YOUโ€™RE INVITED ๐ŸŽ‰๐ŸŽ‰๐ŸŽ‰
1 like โ€ข Mar '24
Invite
2 likes โ€ข Jan '24
200 a day is a great goal - the thing with that goal - it makes you look to open positions each day - since you think you need to make 200 today. that alone can lead to losses. simply by trying to open too many positions, cuz your mind thinks you need to open a position today to reach the goal. then if you loose, well you need to catch up ground to get to that goal, so you open another position. this can be a slippery slope even with a small goal of 200. (if you manage your trade style so you wait for opportunities appropriately and take one trade Wednesday for 600$ to cover the 200 you didnt make Mon and Tues. That might be a different story) 500 a day. That a big goal if you have just one EA. I started to have a little more success when I stopped worrying about the numbers as much. Especially when I stopped worry about the 'draw down'! I focus on stop size management. I focus on good entry areas. If you set some daily goal you might find yourself looking to create opportunities that just arent there. I have had the most success when I let trades come to me. I passed an EA and got a PA over 2600 in the matter of days. Both! I also spent months and months struggling trying to force trades that just simply were not there, or trying to catch up for a loss (which would be completely reactive and off script) In short. I learned the most valuable thing is stick to the plan. if you manage position size right and stick to the plan. you find good trades. the plan isnt always perfect (when is it in life) and you can win every trade. Personally, I have found far more success remembering these things in priority, over meeting some goal. I found the goal somehow seemed to be reached easier when I stop fabricating some daily money target as the goal. This is just me personally and Im sure the psychology varies greatly person to person.
Tradovate Group Trading Question
I know previously that trade coping with tradovate was limited. It doesnt sounds like it is anymore but i wanted to confirm if you can trade a group of 20 accounts on TV or if you have to have separate it out in 4 groups of 5 accounts or something like that? I tried finding out the information on their websites but was unsuccessful.
0 likes โ€ข Jan '24
I was looking into the Tradovate trade copier a ways back. I'm on a Mac still. Although I have not tried it yet I am about to dig back into how to set it all up all strictly within Tradovate alone. I'm not sure the max number you can batch tho. I personally wouldn't do more than 5, so I didn't check if you can do up to 20. However, I'm pretty sure there is at least a way to set up a copier all within Tradovate, without using any other external software or program.
0 likes โ€ข Jan '24
The copier does not allow bracket orders, which for me is a major drawback. I may have to look into Ninja Trader if I start batch trading because I prefer to have my stop or target is hit, that the other be automatically closed. Not having that functionality is a big drawback. In Tradovate, if you go to the settings(plugins) and Group Trade Plugin that is what you want. It never mentions a max account number on the entire info page regarding the 'Group Trade' trade copier in Tradovate on the Apex website.
1-7 of 7
David Hoagland
2
9points to level up
@david-hoagland-8689
NDT student

Active 88d ago
Joined Sep 4, 2023
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