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So glad you decided to write this, it will no doubt help many who see it - great post.
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Pretoninus II
Mod
Trader
FOUNDER
Welcome to Discourses!
I also studied the concept of ICT.
I can't wait to see your analyses on the market and your feelings!
If you are looking for a guild, I invite you to join us in SOLARIS ☀️
I also studied the concept of ICT.
I can't wait to see your analyses on the market and your feelings!
If you are looking for a guild, I invite you to join us in SOLARIS ☀️
Bienvenue sur Discourses !
J’ai également étudié le concept d’ICT.
J’ai hâte de voir tes analyses sur le marché et de te ton sentiment !
Si tu cherches une guilde, je t’invite à nous rejoindre dans SOLARIS ☀️
J’ai également étudié le concept d’ICT.
J’ai hâte de voir tes analyses sur le marché et de te ton sentiment !
Si tu cherches une guilde, je t’invite à nous rejoindre dans SOLARIS ☀️
Translated from French
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My journey is very much similar to yours. Got into it because I want financial freedom to explore other areas of life, and of course first started with technical analysis and day trading. I've since learned that all of that is basically a scam, and gotten into quantitative finance instead. Thankfully I enjoy math a lot. Keep learning!
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Extremely similar story here! But I took it a step too far, I quit my HVAC building services job to pursue a career in quantitative finance! Signed up to a Master's degree which I am about to graduate this summer, and even though the job market is terrible we have to stay positive that it will work out!
Keep learning, testing, messing around and enjoy the journey!
Keep learning, testing, messing around and enjoy the journey!
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Congrats on breaking away from ICT. That's a literal cult. I'd like to add one thing. The term "risk management" is often tossed around with no real weight behind it. What it really means is that you are aware of the potential risks that can kill a trade, but you also must be skilled in understanding those risks enough to avoid making a mistake that you don't fully comprehend. If a trade goes sideways, you should know from at least any formal training you may have, what went wrong, to some degree. For me, it was a giant freaking offer placed on the Binance limit order book last week. Things under the hood looked great. The options and futures market was positioned in such a way that if Bitcoin kept moving just a little higher, it would have forced a lot of people to start covering and generate a ton of demand. That was interrupted by an insanely over the average offer that was placed over Bitcoin that was not likely to get filled and create a supply run, where many people begin to sell. Bitcoin was ripe for a little trend last week, until someone spoofed the book. That kind of knowledge and understanding comes from formal training with real professionals and 6 years staring at limit order book activity. Take it with a grain of salt. Can't manage the risks if you don't know what they are.
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