good example that you need to be careful of the way he teaches. Mack has an intuition that you can only get with experience. His teachings would tell you not to take such a trade. The strategy is there but be mindful that you need patience, intuition, time and experience to pull those triggers.
What is he talking about "18 points can cover some losses"? Thats straight up wrong. He was risking 40 points on this trade...he wasn't even making half of his risk back. 18 points on 20 lots isn't covering half of one average signal bar let alone several.
(3x5=15pts)+ (1x15=15pts) = makings 30pts and risking 40 pts. But i understand your point of view , 99% of the students can't have his win rate and need to go for at least 2 pts, personally i go for 1:1 RR
Thanks Mack. It was great to see your real-time analysis and thought process. I find it helpful.
Well done, Mack!🎉
Would love more videos like this
Thanks mack. You're a good man.
More of this please !🙂
Thanks Mack.
Great stuff
Thanks Mack
isn't the signal bar an inside bar? you have the big red bar, big green bar, the red bar, then the signal bar stacked side by side
it wasn't tier 1 signal bar , but it closed upper 1/3 . The key is break 2EL to new high and it was at support .
No, the signal bar broke below the previous bar. Inside bar comes from an engulfing previous bar. Also, context
Thanks
good example that you need to be careful of the way he teaches.
Mack has an intuition that you can only get with experience. His teachings would tell you not to take such a trade.
The strategy is there but be mindful that you need patience, intuition, time and experience to pull those triggers.
What is he talking about "18 points can cover some losses"? Thats straight up wrong. He was risking 40 points on this trade...he wasn't even making half of his risk back. 18 points on 20 lots isn't covering half of one average signal bar let alone several.
That's exactly why some people now in the community go for 8 ticks.
(3x5=15pts)+ (1x15=15pts) = makings 30pts and risking 40 pts. But i understand your point of view , 99% of the students can't have his win rate and need to go for at least 2 pts, personally i go for 1:1 RR
I thought Mack has always taught the 2:1 risk reward? Max stop 8 tick with a 4 tick scalp
@@braxtonbrock6430 8 tick stop expired years ago
Thanks Mack.
Thanks Mack