Trades like this aren’t really ideal for futures accounts, but with CFDs they can be great for this type of trading, especially when you’re treating the account like real capital. On my futures account, I closed the position at 1:3 R:R, but price still has plenty of room to continue lower. So I wouldn’t be surprised to see it reach at least the area marked on the chart. Once the trade has moved enough in your favor, you simply move the stop to breakeven and take the risk off the table. If you want to be more conservative, you can take partial profits at key levels along the way. A more aggressive approach, while keeping the exact same initial risk, is simply to let the trade run and go for the bigger move.

After observing a price divergence indicating selling, I looked for an entry setup with internal liquidity and imbalance to place my direct order without waiting for double confirmation. I placed the stop loss above the Swing High, which was the next lowest-probability internal liquidity event, thus invalidating my entry. The risk-reward ratio of the trade was 1:3.

What’s the best trading psychology advice you’ve heard, and actually trade by? For me it’s understanding that my job isn’t to make money today, it’s to stay aligned with reality and protect the quality of my decisions. Emotional regulation has helped me a lot with this. The more regulated I am, the more present I become the less I project fear, hope or urgency when trading and the easier it is to simply trade what’s actually there and not what i hope to be there, or feeling unresolved tension in my body. For me, good trading is more about staying clear enough not to distort or project your desires into the market. What’s your thoughts on this and what did you have to overcome to become a better trader? 😁

Hey guys. Trailed to 75k in profit and still currently in, but I’m expecting a reaction at this level and later on at around 30,000. I’ll keep you updated on the outcome. I will probably not be trailing any further for today. Currently at 26R, aiming for 34R.

Hey guys. Here’s a link explaining the Funded Next $81,000 situation. Let me know in the comments what you think. Appreciate the support 🙌🏻 https://www.instagram.com/reel/Dbtj7nfNNhX/?igsh=aDF4dzU5MnN3YWNj