liveup (liveup)

@liveup The "Trade Thesis" Format For every trade you enter, you should be able to fill out this mental or written checklist: 1. Trend Identification: Is the market trending up, down, or sideways? 2. Entry Signal: What indicator or price action triggered this? (e.g., "Price touched the lower Bollinger Band"). 3. Confirmation: Is there a second signal confirming this? (e.g., "RSI is below 30"). 4. Expiry Logic: Why choose this timeframe? (e.g., "5-minute candle needs time to develop")

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@liveup Gemini seems to have gotten worse recently I use both for queries and was 50-50 in my preference for responses between chatgpt and gemini, but recently its 80-20

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@liveup Investment Structure (Money Management) Before you trade, you should define your "Format of Operations" to protect your balance. The 2% Rule • Total Capital: $1,000 • Risk per Trade: 1% to 2% ($10 – $20) • Daily Stop-Loss: 5% ($50) — If you lose this much, stop trading for the day. • Daily Profit Goal: 5% to 10% ($50 – $100) — Once reached, withdraw or stop to protect gains. Compounding vs. Flat Stakes • Flat Stake: You invest the same amount (e.g., $10) every time regardless of wins or losses. (Safest) • Martingale: Doubling your investment after a loss to recover. (Highly Risky—not recommended for beginners)

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