Re: Beatle's Trend Trading System
Posted: Sat Feb 03, 2024 1:35 am
I'm asking for help, so looking at the 4 hour Nasdaq buy I'm only looking for buy positions, correct?
yes I burned another account of 10,000 maybe I used too little time, I thought I could do itBeatlemaniaSA wrote: Sat Feb 03, 2024 1:29 am Did you blow the account using BEATS V5 or another trading system and strategy? H4 into M30 and/or M15 works. Trade in line with the higher timeframe bias.
In theory yes, but I suspect that there are more fundamental issues with your trading and trading strategy.Lenovo wrote: Sat Feb 03, 2024 1:37 am yes I burned another account of 10,000maybe I used too little time, I thought I could do it
correct me if I'm wrong the figure I posted asks me to buy at 4 hours so only buy at 30 right? but how do I regulate myself for profit?
I made same trade sell on GBP/USD EUR/USD and cash 500 pips. No, you do wrong thing. ATS tells pattern will be released anyway. News just speed it up.setila100 wrote: Sat Feb 03, 2024 1:12 am There was news incoming and i exited. Did i made a good thing? or i should've went with the system and stayed? What is the proccedure i should follow?
made a profit this time in demo but I didn't know where to closeBeatlemaniaSA wrote: Sat Feb 03, 2024 2:15 am In theory yes, but I suspect that there are more fundamental issues with your trading and trading strategy.
Beats V5 and any other system will ONLY give you a probability of a move on the market. However, you will have to increase your trading knowledge and experience. When I trade I observe what my system tells me BUT I weigh it up against how I see the price action and any other factors that I will take into consideration.
I have learnt ICT, BTMM, Support and Resistance, Price Action, and many others. I use all this knowledge I've acquired in making my decision.
So Just because H4 is a buy does NOT mean I'll always take a 30M BUY. You would have to consider what time of day it is, whether are there any high-impact news events and any other factors.
Trading is NOT a sprint but a marathon. Take your time. Go and watch ALL the ATS videos (link on the 1st page) to fully understand how to trade with BEATS V5 and ATS.
Did you recently started trading swings? or this is since the beginning?BeatlemaniaSA wrote: Sat Feb 03, 2024 1:28 am A good rule of thumb is to NOT trade the high-impact news unless you have inside informationSometimes you'll get it right but most traders burn up during high-impact news.
I simply eliminate that stress from my trading and trade TUES, WED and ThURS, mainly swing trading now![]()
I like to try all trading optionssetila100 wrote: Sat Feb 03, 2024 7:57 am Did you recently started trading swings? or this is since the beginning?
Also, did you changed from trading 30m with 4H bias ?