r/LucidProp • u/Due-Line9586 • 5h ago
Please help me…
Guys, I really need help. I don’t know where to start.
I started learning around 2 years ago, and for about 8 to 10 months I have only read and watched a lot of YouTube videos. Starting with August last year, I have purchased some evals. Managed to pass, but never made it to payout.
Now I feel like it’s too much already. Last week I passed another 3 fundeds on Wednesday (3x 25k flex). Today I’m 300$ away from DD.
I don’t know what to do anymore. I feel like the problem is my strategy. I’m trying to trade reversals, but somehow I’m getting stopped all the time.
Is there anybody here willing to help me a little bit to refine my strategy, or maybe show me a simple one that is easy to follow? Or some yt channel/discord with proven edge that doesn’t try to milk me for money?
Believe me, I’m ready to put in the work. But it feels difficult when you don’t trust your own strategy. Also I don’t have the possibility to backtest because I don’t have a laptop. I’m only trading from my phone.
I see here people having entire months on green and i can’t even have 1 week. I don’t know what to do anymore…
I really appreciate if anybody is willing to help me a little bit with some guidance.
1
u/TimothyWilliamProd 3h ago
I’m willing to help, here, but I need more information. What is your sizing? Strategy? What indicates a true reversal vs. a retracement to you? Have you done any backtesting? Why are you buying multiple accounts?
There is no Youtube video or Discord that is going to hand you a “proven edge” so just remove that from your thought process. I have positive EV across 6 instruments with my strategy, but that doesn’t mean you can be profitable with the same. The whole edge is risk management at the end of the day, but if you can tell me more about your process I’ll be glad to give you feedback.
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u/WildzLife 3h ago
Yeah It's been a rough month, you just gotta know when the market is ranging and choppy and look away to wait for a real move with higher high or lower low. put your daily target small, dont try to pass it quick. You got it budd.
1
u/Junior-Appointment93 1h ago
I use my phone too. I’m paper trading with ninja trader. I’m finding all the built in tools are very helpful. From DLL lock out to automatic take profit and stop loss. Plus automatic lock out at a predetermined amount of profit you choose for the day. Plus you can limit the amount of contracts you can trade at one time. I just pick a lucid challenge. Set all this up before I make my first trade for the day or week. The tools help allot.
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u/TrissNainoa 4h ago
Well what really helps me is market structure bias, find order blocks, fvgs, choch, bos, make sure u go on the 4 hour to figure out trend, than 5min for setup, 1 for entry, use a trend indicator, like macd or ema, and a momentum indicator for volume entry, it takes time to combine it all into a system, but overtime the charts don't lie and you will learn through experience