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1733 contributions to InvestCEO with Kyle Henris
🎯 Friday Fuel-Up: Flow With the Market, Don't Fight It
One of the hardest lessons in trading is accepting that the market doesn't care about our opinions, predictions, or expectations. We can spend hours analyzing charts, identifying setups, and planning the perfect entry. But when the market opens, it has a mind of its own. And that's okay. The problem begins when we become so attached to what we think should happen that we start fighting what is actually happening. 👉 The market is trending, but we're determined to catch a reversal. 👉 Our setup isn't forming, but we force an entry anyway. 👉 Price action is unpredictable, yet we convince ourselves we need to be involved. 👉 The market is telling us to stand down, but our emotions tell us to keep fighting. Remember, the market is not our opponent. Our inability to adapt to it often is. Successful trading isn't about proving you're right. It's about recognizing opportunities, respecting market conditions, and knowing when to act and when to walk away. Sometimes that means adjusting your expectations. Sometimes it means accepting a loss. And sometimes it means closing the charts and calling it a day. There's no shame in sitting on the sidelines. There's no weakness in admitting that current market conditions don't favor your strategy. In fact, knowing when NOT to trade is one of the most valuable skills a trader can develop. Think of the market like the ocean. You can't control the waves, but you can learn to recognize which ones are worth riding. And when the waters get too rough, there's nothing wrong with waiting safely on shore. 🌊 🚀 Don't fight the market. Learn its rhythm. Respect its direction. Protect your capital. The goal isn't to catch every move. It's to be disciplined enough to participate when the opportunity aligns with your strategy. Sometimes the strongest move you can make is choosing not to make one at all. — Coach Stephen
No brainer question
If I find a trade set up where it happens that the trade goes overnight into the next day, when the trade returns to the zone, how should I approach that? Should I follow the trade or just start in the brand new day? Recently, I’ve had a couple trades to where it creeps up on me, that I’m in another day. This may happen sneaky-like so much so that I don’t even realize it. Then, when I do realize it, I question whether I should continue the trading steps or start from scratch. I’m just wondering if I need to execute the trade or start over, as far as the process is concerned when the time in the day that the trade is up (or the trading day ends at 4 PM). So, for these trades, I ended up placing trades at three in the morning, which isn’t a normal trading time for me. Normally, for my trades I’d like to make them starting at 6 AM – 4 PM, even though I’m still practicing in paper trading mode. Though, when I started the trade, the market was open.
3 likes • 3d
Great question, Percival! 👊 And it's actually a really important one when it comes to building consistency with your trading. The key is to distinguish between a setup you're watching and a trade you've already entered. If you're watching a setup and it carries into the next trading day, I would recommend reassessing it before taking an entry rather than automatically following yesterday's plan. Here's how I'd approach it: 1. Recheck your long-term plan area. Is price still in a valid area, and does your directional bias still make sense? 2. Look for a valid short-term market shift. Don't assume yesterday's confirmation is automatically sufficient today. 3. Verify your entry, stop loss, and profit target. Make sure the setup still meets the strategy's risk-to-reward requirements. 4. Stick to your trading hours. If you've decided to trade between 6 AM and 4 PM, there's no reason to chase a setup at 3 AM just because price returned to your zone. If you're already in an active trade, that's a different situation. You should follow your predetermined trade management rules rather than restarting the entry process simply because the date changed. Also, be mindful of any overnight position restrictions from your broker or prop firm. Remember, the goal isn't to catch every opportunity. It's to execute a repeatable process consistently. Kyle emphasizes that where you trade and when you trade are just as important as the entry pattern itself. I'd encourage you to revisit the Day Trading Strategy Cliff Notes. And since you're still paper trading, this is a great opportunity to track how these overnight setups perform compared with setups that develop entirely during your preferred trading hours. Keep practicing and asking questions like this! That's how you develop discipline and confidence. 💪
Prop Firms
Has anyone had consistent success copy trading multiple prop firms accounts from different prop firm companies?
Hey Mike! Quite a few community members use the Echo Trade Copier to copy trades from one account across multiple accounts. One of its advantages is that it also supports copying trades across accounts from different Funded Firms, provided those accounts are compatible with Echo Trader. https://app.echotrader.io/
SL and PT at the same time
What happens if the price hits a stop loss and a profit target at the same time? Does it end up being a loss or does it end up being a profit? I ended up counting it as a loss because I wasn’t sure if it was a loss or a profit.
SL and PT at the same time
What kind of trading strategy are you using that requires a Stop Loss of only 0.50 points? That seems like an extremely tight Stop Loss, leaving very little room for normal market fluctuations before getting stopped out. I'd be curious to understand your strategy and the reasoning behind such a tight Stop Loss.
3 likes • 4d
@Percival Peters You're identifying two important issues here: the accuracy of your entry placement and the amount of breathing room you're allowing the trade. Both matter when setting up a high risk-to-reward entry. First, using your phone can absolutely make it harder to position the entry and stop-loss tools accurately. I'd encourage you to practice these adjustments in simulation until you're comfortable with the placement. How much breathing room should you allow? There isn't one universal point value that works for every high risk-to-reward entry. It depends on the instrument you're trading, the candle structure, and market volatility. Here's how I would approach it: 1. Identify your entry candle and market structure. Make sure the setup meets the strategy requirements before placing anything. 2. Position your stop loss beyond the relevant structure. Rather than placing it directly on the candle's high or low, allow enough room for normal price movement. The appropriate buffer depends on the instrument and setup. 3. Check your risk-to-reward ratio. Kyle's Superman model emphasizes having potential winning trades worth at least twice the amount risked, meaning a minimum planned 2:1 reward-to-risk ratio. 4. Don't force the setup. If allowing the necessary breathing room makes the reward-to-risk ratio unattractive, it's better to pass on the trade than artificially tighten your stop. For example, if your stop-loss distance is 10 points, a 2:1 setup would require a profit target at least 20 points away, before accounting for trading costs. That's an illustration, not a recommended 10-point stop.
What’s it like after paper trading?
So, I’m just writing to find out what’s it like, trading with prop firms, after paper trading for the 50–100 practice– paper –trades. I’m starting to get used to the tradingview.com interface and want to know if it’s a similar feeling with tools that you use for trading. Are you still using tradingview.com or is it a completely different interface? I’ve still gotta go and watch the props firms video again, just to make sure I’m learning everything I should at the time I should be. I’m just asking to gain further insight before the task is at hand. If it’s not trading view.com, what is it? Also, will I be able to bring or use my favorite indicators? Any and all information would be helpful to know or whatever you feel like sharing… also, how does the alert process work because in the paper trading training option for tradingview.com you can’t actually use alert in replay mode. So I have a question on how that works as far as like when you’re on the prop firm, how does the using alerts and then does it save your information like your zones that you drew or do you have to re-create the zones, starting from scratch?
3 likes • 4d
Great questions, Percival! 👊 And it's awesome that you're already getting comfortable with TradingView and thinking ahead about the next phase! The good news is that moving from paper trading to a prop firm doesn't necessarily mean you have to completely change how you analyze the markets. Here's how it works: 1. TradingView vs. prop firm platforms 📊 You can generally continue using TradingView for your chart analysis, drawing zones, and identifying setups. The main difference is that when you move to a prop firm, you'll execute trades through whichever trading platform that firm supports. Some firms support TradingView integrations, while others use platforms like Tradovate, NinjaTrader, or other trading software. So your chart analysis and your trade execution don't necessarily have to happen in the same place! 2. What about your indicators and zones? 🎯 If you continue using your same TradingView account, your saved chart layouts, indicators, and drawings can generally remain available. That means you shouldn't have to start drawing all your zones from scratch every day. However, if you switch to a different charting platform, your TradingView drawings and custom indicators may not transfer automatically. 3. How do alerts work? 🔔 You're correct that TradingView's Bar Replay has limitations when it comes to alerts. When you're analyzing live market data, though, you can create alerts at specific price levels or conditions. For example: - Identify your higher-timeframe trading zone. - Set an alert near that zone. - Let TradingView notify you when price approaches. - Open your chart and look for the short-term market shift and entry confirmation. This is a great way to avoid staring at charts all day! Just remember, an alert is a notification, not an automatic trade execution unless you've separately configured supported automation. 4. What changes psychologically? 🧠 This is probably the biggest difference! When you move from paper trading into a prop firm evaluation, you're still typically trading in a simulated environment, but now there are evaluation fees, profit targets, and drawdown rules involved.
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Stephen Gerald Onyia
8
24,949 points to level up
@stephen-gerald
Futures Day Trader / InvestCEO Coach

Active 12m ago
Joined Sep 5, 2023
Missouri
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