$100 to $1k to $10k to $100k: TRADING MASTERCLASSHow I approach trading:
Trading is a mostly psychological endeavor
You will not WIN LONGTERM in trading until you WIN YOURSELF (i.e. master your emotions)
I use Technical Analysis to help me determine overall Market Direction and Entry/Exit points
I do not use ANY fundamental analysis in my trading
I use Elliott Wave Theory to understand MARKET STRUCTURE
I use a combination of Anchored Volume Weighted Average Price (AVWAP), Fixed Range Volume Point of Control (VPOC) and custom coded Momentum indicators to pinpoint Entry/Exit points
Risk Management:
I will generally aim for 2%-5% percent stop loss but price structure will dictate as well
Position sizing will be fluid
Targets will be fluid but will generally target key Fib Extensions, VWAPs or VPOCs..or a combination of all of the above
Starting Account Size:
$100
Goal:
Grow a small $100 account to $1k then $10k then $100k
Every trade will be public...wins and losses
I will be looking to make my first trade(s) shortly and will show Entry level, Stop Loss and Target
NONE OF THIS CONSTITUTES FINANCIAL ADVICE