Module 3: Liquidity Concepts · Trading Accelerator

Aug '23 • Homework

Module 3: Liquidity Concepts

https://docs.google.com/spreadsheets/d/1gFkTOBFN2Xl8Oapa8lIfb4GeuX4cqx_1ElpxDESRNJM/edit#gid=806079722

I completed 10 backtests and no joke, I've learnt more in a week than I have watching youtube videos for 2 years. The structure definitely helps with learning as opposed to videos on concepts with no particular order. The course is perfectly ordered and modularised.

I feel like I got the hang of finding points of liquidity. I still may need to do some more backtests however to further solidify this, as the points of liquidity I marked where almost all proven right, but I did miss some liquidity points which led to a 3 in a row drawdown (perhaps I should've slowed down the 3x forwarding and looked closer).

Another problem I found was making educated guesses on where the market would move price towards in terms of the above and below liquidity points. Towards the 4th or 5th backtest I decided to zoom in and out a lot to get a bigger picture on the trends. This did help as I tended to make more correct guesses.

Thanks to

@Lee Jia Suen

for the insane knowledge and insights,

@Michael Ong

for the video editing and of course

@Srinadh Y

for helping me grasp the concepts and answering my endless questions.

👊💹

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