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InvestCEO with Kyle Henris

33.7k members • Free

34 contributions to InvestCEO with Kyle Henris
🚨Last Chance Reminder! 🚨
Friendly reminder that tomorrow is the final day to get my Superman trading indicator at its current price. Don’t have to get this? Nope. As always all the information here is free. Will it make your trading better/easier? Most definitely. In fact most users have told me they think the bonuses are MORE valuable than the indicator itself! I’ll let them speak for me though :) Here’s the link if you want it: https://www.skool.com/100-days-to-freedom-journey-3715/about (The group will give you access to the indicator)
🚨Last Chance Reminder! 🚨
1 like • Jan 30
I would love too so very much, but I’m right in between pay cycles unfortunately.
I did it!
I wasn't sure for a while there but I did it!
I did it!
2 likes • Dec '24
CONGRATS!!!!
Lessons lead to funding. 150k
Hey invest Fam! I posted a bit ago in celebrations when I passed my first 50k EA. Well… I passed another the next day, ripped some success, and then watched my wings melt as I did my best Icarus straight to crashing both… Well after a few weeks of scrutinizing review and practice, I was ready to go for the next round on Thursday with completely re-formed strategy that ended 3 accounts today where you see them in the screenshot. I’ve got so much more to learn, but here’s a couple things that I hope can turn my mistakes into your lessons. 1. Be careful of high profit targets on a $2,500 drawdown. If you’re above 3:1 in an EA, trail it before it accidentally eats 30% or more of your drawdown in one trade -no, I am not saying big ratios are bad! Increasing your reward is one of the best things and one of my biggest improvements. However, if you’re in an EA, the drawdown does not grow. Let’s say you’re risking $200 and shooting for a 5:1 ($1000 profit). Your trade pushes to 4.5 before reversing and slamming your stop. Well that 2500 drawdown was increasing with that trade. So will be down your $200 loss plus the $900 profit you had at one point. From $2500 to $1400 drawdown in one trade (plus commission if the 1400 wasn’t bad enough : P). Pretty brutal huh? On this run my average risk ratio was 6:1, but if I was above 50% of my profit target, I put in a trail-stop or trailed manually to protect my drawdown. This was pretty crucial for me. 2. Trust yourself!!! -Yes, self confidence is important, but there’s a lot of need beyond that. I have watched myself lose as much if not more from over-caution and self doubt than I have from being too aggressive. Closing trades that would have hit profit no problem, being too scared to place the better trade, then following it up with a bad setup because of fomo. It’s a messy cycle. Yes, I messed up from over aggressive trading, but that was actually a poor response from the backlash I was feeling from letting fear change my decision making process.
Lessons lead to funding. 150k
1 like • Nov '24
@Marianne Secrest ah, which session. Gotcha. I’m running 7:30am-4pm est. most higher reward setups tend to be in pre-market and NY morning session. But I’m on the west coast so 4:30 am is as early as I’m gonna get.
0 likes • Nov '24
@Tim Barnes technically yes, but find a risk ratio that works for 2500. If you can’t maintain that, scaling up isn’t the answer. Bigger trades isn’t the answer. I’m currently nursing a PA with a risk max of 45$ per trade and I’m making great progress. Drawdown was at $320 mid-week and is now just over 1400. Because of that success I’ve reduced my max risk on all Accounts from $250 to 150 with higher profit targets and it’s helping tons. Small risk is easier to learn on without blowing your account, and when youre dealing with trades that matter, you will behave out of pocket and off of plan at first. It’s part of the psychology learning curve. Give yourself more lee-way when you’re still building confidence in your plan.
Not sure who needs to hear this...
But you don't need a trade copier. Get paid first. You're creating problems that don't even need to exist yet.
10 likes • Nov '24
Me. I needed to hear this. Thank you
Copier issues
Hey all. I’m having some big issues with my NT trade copier. All up to date and everything. I’m finding that it’s not issuing stops correctly and either doesn’t close copies trades, or sometimes reverses positions. I thought I had something to do with the amount of sessions using my Tradovate acct and so I’ve been very conscious of that but it still keeps happening. Any notes are appreciated
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Tyler Wilson
5
268points to level up
@tyler-wilson-8756
Here to learn as much as possible

Active 198d ago
Joined Jun 10, 2024
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