Do you want ME to help YOU with your trading? Learn my proven Volume Profile & Order Flow trading strategies! Get my proprietary indicators and start making progress. We even set the indicators up for you so you can hit the ground running TODAY! Start Learning to Trade Now! Video Transcript: Most traders set their profit goals like, “ I want to make 5% profit per month ” That sounds smart, doesn’t it? Well, it isn’t. It’s actually one of the fastest ways to blow your account. And in this video, I’ll show you why profit goals hurt your trading and what you should focus on instead. The problem is that sometimes market conditions just aren’t good for trading. Even the best traders in the world know that sometimes the best thing to do is just sit on your hands and do nothing. But imagine a beginner who sets a goal to make 5% a month. What’s logically going to happen? Well, they take a few trades at the start of the month. Things don’t go as planned, and they are still very far from tha...
Do you want ME to help YOU with your trading? Learn my proven Volume Profile & Order Flow trading strategies! Get my proprietary indicators and start making progress. We even set the indicators up for you so you can hit the ground running TODAY! Start Learning to Trade Now! Video Transcript: Hey guys, Dan here with my Trade of the Week. Let’s break down this 20-point bullish trap setup from Thursday, February 12th, during the morning session on the S&P. This setup was framed off a fake move that took a key level shortly after the open, trapped retail traders, and then sold off. We’re going to look at this setup more closely on the footprint chart using the Addis Footprint software, showing the logic for the trade entry, exit, and stop placement. So let’s get into it. Before we dive into the footprint, let’s provide a little market context from a broader perspective. If we look at this 1-hour chart with a weekly Volume Profile on it, you can see that earlier we were coming from ...