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InvestCEO with Kyle Henris

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675 contributions to InvestCEO with Kyle Henris
Trading question
I have an open sell trade and my stop loss was set and same with profit take the stock price is well past my profit but it didnt execute the trade what did I do wrong
0 likes • 3h
Would need to see a screenshot and order report. Best guess is that your entry didn't get filled but can't know without seeing the trade
Learn things
Hello everyone I’m new here been signed up for about two days now. I have watched some the videos and there is amazing info in them all so far can’t wait to see if I can make this dream come true.
2 likes • 4h
@Paul Brock FYI the person you were responding to here is banned now. Fake profile spamming from another country
Appex & Tradingview?
OK. So this may seem like a stupid question. Can Tradingview be used with Apex accounts?
0 likes • 2d
Yes you can connect TradingView to your Apex account through Tradovate
⏰Because you asked...
Have had several of you ask if I can leave the AI and Day Trading workshop recordings up for longer. Some of you missed it or just want to watch it again. So I'll leave it up until the end of the year for ya. Can find the link here: https://kylehenris.com/replay
⏰Because you asked...
2 likes • 3d
@Tc I our name isn't Invesco. It's InvestCEO
Confused on the EA Peak Balance
Let's say my 1st trade nets $1000, so my new balance and peak balance is 51,000. So, the 2nd trade (ES!) I enter at 6850, target price 6870, and a stop loss at 6840. For a $1000 profit or a $500 loss. Now the price moves to 6866 and then falls and stops me out at 6840. So the 6866(peak)-6850(entry)=16(points)x50 = $800, now the stop loss is 6850-6840 (10 point)x 50 =$500. The new Peak Balance is now $51,800 but my overall balance is 50,500. This would make my draw down only $1200 now. ( the Peak $51800-$2500 = $49,300 now my new balance $50,500 - $49,300 = $1200) Now the 3rd trade again, set TP-$1000 & SL=$500. the trade moves up $700, but does not hit the TP, and again fails and hit the SL.(the Peak now is $52,500-$2500 = $50,000 now my balance is $50,000). So now in 3 trades (1 win, 2 losses) the drawn down has been hit and the account has failed. Am I penalized double for not hitting my target and then getting stopped out? Doesn't seem fair.🤔
3 likes • 3d
You had it correct until the 3rd trade. Peak balance means the highest your account has been at any point. In this case the peak balance would be $51,800 and wouldn't change until you go above that. So in this example (3rd trade specifically) your balance was $50,500 + $700 unrealized profit = $51,200. $51,200 < $51,800 so your peak balance wouldn't have changed. This is probably more leverage than you would want to use on a $50K account though
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Ryan Henris
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@ryan-henris-8414
COO at InvestCEO

Active 1h ago
Joined Sep 5, 2023
Michigan
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