I have received a handful of DM messages, and read a few community posts here.
So just reposting my opinions and thoughts here:
BUT the overall subject matter of these DM's are basically how to be profitable and stop losing all the time, and requesting help, one-on-one coaching, copy-trade, etc etc.
- I want to first say that I truly understand, I really do, as I was in this same chapter of my trading career.
I was frustrated, and have given up multiple times, over and over, until a "light-bulb" turned on.
- And I just wanted to offer some ideas if your overwhelmed with everything.
- Find a "Mechanical Concept."
Not a "subjective, interpretive discretionary concept," but a Mechanical Concept.
Find a mechanical concept that YOU like, don't force yourself to like something, that you don't believe in.
A Mechanical Concept that has CLEAR rules, no confusion, just black and white clear rules.
Example (just an example):
When Signals & Overlays prints a buy/short signal, in direction of Smart-Trail, take entry in same direction.
That's it, clear-cut rules.
A mechanical-concept.
Now study and test this over and over again.
Once you get the hang of this,
then you start to add a few more confluences, to subjectively filter out some entries, with YOUR OWN analysis.
This is where you begin to optimize the mechanical strategies, based on your own trading style.
Another mechanical strategy, as an example, that's it; turn off everything in Signals and Overlays.
Turn on Candle Coloring at Auto Pilot Long Term.
Now take the candle color direction blindly.
Green, go long
Red, go short
Now there are some good candle color entries, and some not so good.
THIS is where "you" start to optimize and start adding other toolkit elements to filter some of these set-ups, based on your style.