Activity
Mon
Wed
Fri
Sun
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
What is this?
Less
More

Memberships

InvestCEO with Kyle Henris

Public • 19.6k • Free

83 contributions to InvestCEO with Kyle Henris
This has been a TOUGH week…(longer post, TLDR at bottom)
Especially on the psychology side…I started the week at 51,750 on my EA account. Took a loss on Monday..$200, ok no big deal…took a win Tuesday morning for $480..sweet almost at 52, 1k to go! I must have stepped off the wrong platform because I found myself on the loss train..next trade..loss, next trade, loss, next trade….you guessed it…LOSS! Oof..I am no stranger to losing..but hell, it hit hard because I worked my ass off to get close to 52k from almost blowing the evaluation was feeling hopeful to pass soon, and then it was at $51,075. Feelings of fear and doubt set in hard, I felt like Frodo wearing the ring..a heavy weight sitting on my back, thoughts that maybe I don’t have it, maybe I’m not cut out for this…that shit entered my head. I closed down shop, and rewatched Kyle’s mindfulness videos, I played some video games with the kids, played with my youngest daughter (4mos old). I rewatched the Superman video for the 20th time. I threw all the junk out of my head, I studied my trading log notes, entry times, tickers for all my accounts (replay, papertrading, and EA), using those notes I formulated a game plan, I decided to increase my risk to $500, and only take solid setups on the 5 min time frame (no jumping to 2 min, or 1 min, etc) I cleared my charts, and I just went to charting off of fractals only, bringing it down to pure simplicity…I marked my zones, I wrote down my criteria for the 5th time and set my alerts…1st alert went off on ES…had my close above a 5 min fractal and set my order…order never filled as ES slowly made its way to my supply zone, supply zone alert went off, I watched…eventually had a 5 min close below a fractal..I set my Superman block, made my entry, and set profit target for the candle that made the low..then I walked away, I told myself I have no control over price, I made a logical trade setup based on criteria, I was comfortable with my zone placement, and that the trade will play out one way or the other…jump ahead 25 minutes, price ALMOST hitting target, moving back into my stop area, then moving down to my TP, and BAM..1050 win, while this is great the point of this extremely winded post is that the mindset is the most inportant aspect of trading, and the hardest aspect to overcome…I am far from mastering mindset, but this journey is mentally challenging me in ways I did not anticipate. The beauty is through all of this, I have not had the thought of giving up, or letting my emotions take control, while there is fear and doubt in these tough moments, I AM able to complete the mental gymnastics to overcome and come back to the game. If you read this I hope it helps if you too are struggling with the mental and emotional aspects of trading. They are very real, and are not something to set aside if you want to see any form of success with this TRULY PROFESSIONAL SKILL.
4
7
New comment 2h ago
0 likes • 3h
@Lonnie Williams we’ve got 3 as well..life’s is crazy!
1 like • 3h
@N Christensen thanks! It was tough to press the button today, but I told myself I needed to trust the process and my data.
Take time off work to study?
Just want the groups opinion. I plan to take off the month of December to study the course. Does this sound like a good idea? I can afford it financially. Do you think it's worth it?
0
8
New comment 2h ago
2 likes • 4h
@Zafer Yousef my unsolicited advice is this..keep your job, trade on mobile and get your first PA, prove to yourself you can do it..if you quit and live off savings you are now putting a time frame in which you MUST achieve success..that will hurt you mentally and cause poor decisions and ultimately really slow progress or force you to give up too early. Learn, show proof of concept, reach a payout then go from there. This is definitely not a get rich quick channel, this will take time, and it’s easier to learn and do when you’re not worried about the money as a source of income. However you can do whatever is comfortable for you…just my 2 cents.
Question about reward ratio
Hey guys so I was just wondering if someone could help me clarify on something basic. this screenshot is from the first video dealing with jedi entry models. He's talking about making a order or a trade where that big green and small red rectangle are he said he put a limit order in at the bottom of the red square, and a stop loss at the top then he said that the green rectangle denoted a 5:1 profit margin my question is, how is it a five to one profit margin? I thought we were just making a sell/barrish order when price went into that supply area (red square). are there two trades that take place in this scenario? I thought it was just one. If someone answers this question, (which i would be much appreciative of) it would also answer my other question which is: Does one need to first make a buy order to obtain shares before they make a barrish/sell order? thank you for any clarification
0
6
New comment 5h ago
Question about reward ratio
1 like • 5h
These are called bracket orders (OCO, ATM) depending on platforms. What’s nice about these position tools is they allow you to set your entry price, stop limit, and sell limit all in one step, and when a stop or profit is hit, it cancels the other order vs. setting individual limit orders for your entry, stop, and take profit then having to manually cancel when the trade is complete. What I love most about the tool in Trading View is when you are setting your positions it tells you the ratio which saves time and calculator math. If you don’t have trading view, get the free version and play around with the tool. Keep studying!
0 likes • 5h
@Jimmy Kreutzer to add the short tool is for taking a short, or bearish position, where you sell shares into the market, then buy them back at a lower cost, you then profit the difference (sell high, buy low) google and investopedia will be great for understanding terminology, the long tool is when you want to take a bullish position where you purchase a share and then aim to sell at a higher price and profiting the difference. Again terminology education is inportant as you move through, Kyle does a great job explaining everything, so much so that complete beginners can learn this!
Times to Trade
Is 9:30 to 4 Eastern time the best time to trade? What if your normal schedule is that you don't wake up until 2 PM Eastern time?
0
7
New comment 23m ago
0 likes • 6h
I’m in the Mtn time zone…when I look at all my replay practice and papertrading many of my wins are between 9:30 - 2 Mtn time (11:30-3 EST), you may have to change your schedule up a bit. I took a nice 1000+ win on ES this afternoon to make all of this weeks losses disappear and add profit to my EA account, it can be done!
Trade Copier
Hi Guys, I know Im going ot hear the words "You dont need a copier until you get paid" but im getting to the point where I know I will have multiple account's so I am trying to study6 out what I need to do. I see that they "SAY" you can use this with Tradeavate but then see no place in their videos or instructions for anything but NT8. I know if you already have the copier and you have Tradavate, then it is easy for you but I bet with no instructions it was hard at first so I would like to hear from someone who actually uses the copier and may know what we are to do. Again...I just like to be prepared for the very near future and not do this the day I need it rather than have in installed incorrectly and it screw me up. There are no instructions on videos prior to purchase so do you only get to learn them once you purchase when it comes to Tradeavate. Secondary...If this makes it to you Kyle, can you do a learning video on it in the future or again, point out one that has proper instructions so I can do some pre work please...I dont want to have to go get another broker account to do this when I have already bout my accounts through the Tradeavate. If I need to sacrifice my passed accounts to get the copier then I better do it now rather than later and start all over again with NT8 Thanks guys
2
20
New comment 1d ago
1 like • 5d
Tradovate and NT8 link together. The copiers all work with NT8 (Apex, Replikanto, affordable Indicators, etc.) from what I understand you link TradingView to your Tradovate which is then linked to NT8, then set your leader and follower accounts in the copier once installed and running in NT8, the main thing is making sure your pc is always on with NT8 going and turn off all sleep/power settings. I am not getting a copier until my first payout but I am researching and planning myself for when I eventually scale. Issues I have read about are slippage, TP/SL orders getting reversed (yikes!) and not all positions getting closed on all accounts, this seems to be an issue when trying to trade over 5 accounts, all disclaimers state to verify closure of orders etc. Reddit posts on the subject verify these issues, but state that the software has been getting better with Replikanto being more reliable than the Apex copier, but I will be watching this community for advice on that! 😊
1 like • 1d
@Glenn Ingraham Im in the depression stage, glad to see it goes up from there! lol!
1-10 of 83
Jonathan Hutchins
5
116points to level up
Small business owner / entrepreneur, had to take a corporate job, looking to rebuild a new business around trading!

Active 1h ago
Joined Mar 19, 2024
Colorado
powered by