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Sir Pickle

@SirPickle_

Dec 18

Trading is hard, but I made it 10x harder with these mistakes.

Here are the 5 worst trading mistakes I made—and the lessons that turned my game around.

A Thread.🧵

Mistake #1: Over leveraging

Early on, I thought bigger size = bigger wins.

Spoiler: it doesn't.

One bad trade wiped out weeks of progress.

Risking 5-10% per trade made me emotional and reckless.

Stick to 1-2% risk per trade. Staying small kept me in the game.

Focus on compounding capital to be able to take small risk and make big $.

NOT big risk to make big $.

Mistake #2: Ignoring the higher timeframes

I lived on the 1-minute chart, trying to "outsmart" the market.

I ignored trends, liquidity, and context.

Chasing random moves = death by 1000 cuts.

So start with higher timeframes for context. Intraday trades only work when they align with the bigger picture.

Read 9 tweets

Sir Pickle

@SirPickle_

Dec 12

Avoid these 3 COMMON trading pitfalls⚠️

After reading this thread, you’ll know why your trades keep failing.

A Thread🧵

Mistake #1: NOT understanding market context. 🙅‍♂️

This often happens to traders who forget to zoom out, trading against the higher timeframe trend without realizing it.

The HTF always rules. It is the stronger magnet for price.

Ex: If there is a HTF FVG below price, all LTF discount arrays above it are lower probability and expected to fail as price will seek the HTF imbalance.

Remember that the higher the timeframe, the stronger the PD array. 🧠

So before entering a trade just because you see a fair value gap in your entry timeframe, look at the timeframes above first.

Here’s an example of failed trade due to a HTF PD array:

Read 11 tweets

Sir Pickle

@SirPickle_

Dec 10

Why did this 4h FVG fail?

I mentioned why I was avoiding it on yesterdays forecast...

Here is the reason why ⬇️
(From Sundays Forecast)

Side by side

Read 4 tweets

Sir Pickle

@SirPickle_

Dec 4

This is my favorite way to identify reversals in the market!🔍

By the end of this thread, you’ll see how easy it is to trade reversals using IMPULSE SHIFTS!

A thread🧵

First, let’s define what an impulse shift is:

An impulse shift is simply a fair value gap displacing away from a HTF point of interest.

It is a V-shaped reversal that confirms that the orderflow is now shifting from a sell program to a buy program.

We can find impulse shifts on HTF contexts.👀

This includes Push contexts (IRL → ERL) and Pull contexts (ERL → IRL).

IMO, it is best to trade Push context because we are trading with the trend instead of against it.

Read 11 tweets

Sir Pickle

@SirPickle_

Nov 27

This simple strategy let me quit my 9-5 Job

By the end of this, you’ll know the foundations to my entire model!

A thread🧵

First, let’s talk about context.

Context is simply the movement from one PD array to another.

In the case of a Push context (IRL → ERL), the context range is from FVG to the Swing point.

In the case of a Pull context (ERL → IRL), the context range is from the Swing point to the FVG.

If you’ve been following me, then you know I only use fair value gaps and swing points.

I start my analysis on HTF timeframes such as: Monthly, Weekly, and Daily timeframes looking for clear Context

I then look for properly aligned PD arrays to trade off of on 4H and 1H.

I then look for entries on 15m/5m/1m

Read 9 tweets

Sir Pickle

@SirPickle_

Nov 19

Switching from Forex to Futures?

This is your introduction to futures,

A guide to the “Gentlemen’s” market🥂

A Thread🧵

So what are futures and futures contracts?🤔

Futures are derivative assets wherein the value is tied to a certain asset.

Trading futures means that you’re just capitalizing on the price movements without actually owning the asset.

If you’re a US citizen trading futures, you get the advantage of tax benefits which is discussed in the YT video, below this thread.

Since we are trading price movements, let’s focus on tick size, tick value, and notional value.💎

When trading futures, there’s something called tick size which is the smallest price movement of a contract.

Tick value on the other hand is the value of the asset per tick.

Then lastly, the notional value represents the full value of the contract you’re trading.

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