SC Futures Traders - Channel

Always backtest your trading strategies; it's a constant battle of “you vs yourself.” Thorough backtesting includes: • Setups, Patterns, and Candlesticks: Test your favorite technical indicators against historical data. • Money Management: Evaluate your risk tolerance and how you allocate funds per trade. • Time Frames: Determine which time frames align best with your strategy. • Leverage: Experiment with different levels of leverage in conjunction with your chosen time frame. • Entry and Exit Points: Assess ideal trade entry, close, stop-loss, and take-profit levels based on backtesting results. • News Sources: Backtest the reliability and impact of your news outlets (e.g., Telegram channels, specific accounts,Discord servers) on your trade timing. Realistic Expectations No trader achieves a 100% win rate. Focus instead on keeping losses smaller than profits. High margins with a lower win rate are achievable. For example, with a 20% win rate (2 out of 10 trades), if your two winning trades significantly outweigh the losses on the remaining eight, you're still profitable. Patience is Key Finding your perfect trading rhythm takes time – potentially months or even years. Remember, this is a marathon, not a sprint. No competition for the grind, take your time. Fall 7 times, get up 8 times.

$JTO not moving much, but still maintaining key level, despite the bitcoin correction.

Will be down bad on $MYRO if this retest doesnt work out.

17 days since opened. Once trade close, will try make a public journal as well. So we can learn together about reasons of actions.

Brewing

$66.8K will be an important level now.

$JTO weekly pattern, remind us with $BLUR's setup before it went higher a few weeks after the weekly consolidation candle. Still maintaining strong levels despite the recent market breakdown. Higher low.

It has been 2 weeks since this $MYRO position opened.

Around $1,650 allocation on this public trade account

The results of this 3rd public trade with a starting capital of $1,000 haven't been consistent. To manage the risk of margin liquidation and allow for small DCA opportunities, we've added another $600. Despite this, the position remains at a loss of 47% compared to the initial investment. $MYRO

CZ shock has been absorbed very well, also love $FTM that has been holding nicely above $0.7. Give it a few weeks. If we get $SOL back above $180, that is a sign of market confidence is back

This is a problematic entry point for a swing trade. The position has been open for seven days. Leverage is well managed, imagine this position open with 5x lev and above, must be stopped or liquidated already.

Will leave it open for couple of days with 10% - 15% SL.

$1K public trade again. Starting with $MYRO 2x this time. Not yet touched our target lows, but looks like alts market starting picking up. Rather convincing. We’ll see…

Crazy low, but its grinding again.

Its back.

Alts long starting to be interesting again

Will be back soon with $1K public trade 😁