setup that makes me $13,000 (1R) per day, a thread with parameters🧵 I’m going to talk to in configuration of a long setup (vice versa applies to shorting)

Step 1 is to identify an uptrend that has started to cool down by ranging sideways. Depending on the time frame it can vary (this can be days to hours)

Scaling from making $100 a day to over $200,000 sounds pretty unrealistic, but it's possible !!

In this thread, I'll share my trading plan designed to help you establish a strong baseline for compounding capital over the next 3 years like I did🧵 [I stopped taking partial profits]

While many traders opt for multiple TP targets to secure partial profits along the way, this strategy can often dilute the overall risk-reward ratio (RR) of the trade. In contrast, having a single TP target can lead to more consistent and substantial profits.

Understanding Risk-Reward Ratio (RR)
The risk-reward ratio is a measure of the expected return of an investment relative to the amount of risk taken. It is calculated by dividing the potential profit by the potential loss. For example, a 2:1 RR means that for every dollar risked, the potential reward is two dollars.

Let's consider a BTC/USDT trade with the following parameters:

Entry Price: $30,000
SL: $29,500 (risk of $500 per BTC)
Single TP Target: $31,000 (reward of $1,000 per BTC)
With a single TP target, the RR is straightforward:
RR = Potential Reward / Potential Loss = $1,000 / $500 = 2:1

Now, let's examine a scenario with multiple TP targets:

First TP at $30,500 (50% of position)
Second TP at $31,000 (50% of position)

If you achieve the first TP:
Profit from 50% position: $250 ($30,500 - $30,000) x 50% = $250

If the price continues to the second TP:
Profit from the remaining 50% position: $500 ($31,000 - $30,000) x 50% = $500

Total Profit: $250 (first TP) + $500 (second TP)= $750

In this case, the effective RR changes:
Effective RR = Total Profit / Total Loss = $750 / $500 = 1.5:1

While securing partial profits can provide some immediate gains, it reduces the overall RR from 2:1 to 1.5:1. This reduction means that you need a higher win rate to achieve the same profitability. Furthermore, if the trade stops out at the SL, the full loss is incurred, which can disproportionately impact the overall performance. By sticking to a single TP target, you maintain a clear and consistent RR, making it easier to evaluate the performance of your trades. Capturing the full potential of a trade without diluting the reward ensures that successful trades significantly outweigh the losses.

I turned $1000 into $3,678,519 in 3 years without cracking my mind over what everybody else already knows!

If you can't identify the Liquidity, you will be the Exit Liquidity🩸

Here's how you can spot 6 different forms of Liquidity to manifest a high win rate from today🧵 1. Range Bound Liquidity:

As the name suggests, you are looking for liquidity inside the range but the core of which lies outside the actual range; to fade in order to not turn into what they call retail liquidity. For this example, I am using latest BTC Price Action (PA) between March until present day. On the chart, 1 represents a Lower Time Frame (LTF) range, 2 for Higher Time Range (HTF) and 3 for a developing range.

Rule of thumb to note among all 3; Price will at least once, seek latent liquidity above/below its pivots (which is the range high/low) before moving in the initial direction you intended to aim for. This is because, just like you- plenty of same brains across the world were aiming for the same direction except those that sought patience, sometimes even weeks, waiting for them to puke LTF decisions into HTF levels.

Now coming to some facts proven by history and of course own memory (since this thread is how I use liquidity amongst the general concept used by all). If price taps/raids more than twice above/below its pivot, its more likely to fail into those that wait. Right, this is because, at all times, price will fade into latent levels (Order blocks, demands or supply) and since a good number of people who are against technical analysis are being born daily and alive, they will puke into what is clearly on the chart; basic human psychology hehe. You are presented with 2 options; limit order into the fade and become passive liquidity yourself or wait for the reclaim of a range pivot to be a part of active liquidity. If you haven’t noticed yet, 3 is where most including myself could be wrong to form a bias too early, and that is because if you look further, range 3 is smooching the same area occupied by range 2. Now they make babies together which is your negative PNL, just kidding. Now is when you just wait and see where and when, a good area of interest (POI) is created to establish a confirm bias to act upon. One more thing, between 1 and 2, price swept the low first because a ton of visible liquidity was at the lower levels. At 3, there is an order block below too, most including myself waited for it, but never got it so we waited to get into the continuation higher. Despite missing the low, money was still made (substantially) not because the liquidity raid did not happen, instead- trend based liquidity was kept in mind, which is going to be our next point.

$1000 to $1,000,000 in 3 years then almost $2,500,000 since October 2023🤨

How come I can compound trades while keeping losses minimum?

In this thread, I'll explain 12 Entry Models I use on a daily basis to rapidly increase my net-worth as a spot markets day trader | No Leverage, No Shitcoins !! 🧵 Before going through each entry model, I recommend to watch this video about ranges, order-blocks and supply/demand explained in under 35 minutes!

I’ve traded $1000 to $600,000 in less than 2 years without an investor approach, one question I get asked often is; where should a beginner start?

In this thread I’ll list some major references from start to finish which I’ve mastered functional for the current market… https://t.co/O2YYHVpACatwitter.com/i/web/status/1…
1. Technical Analysis does work & you shouldn’t fall prey to people that say it doesn’t. In-fact, TA can help predict news events too like I do for myself before major events like FOMC.

The best channel I recommend for beginners to learn everything about traditional TA is… https://t.co/NOX5wpk5betwitter.com/i/web/status/1…