A full guide on the strategy I made that I call categorical trading. It's pure price action trading, and it can be applied to all timeframes and markets like futures, Forex, stocks, crypto, and anything with candles. This explains every aspect of it, even though I choose to use only a small part of it my actual trading.
More resources on this strategy:
https://www.imantrading.org/howimantrades
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My actual trading channel where I'm funded with Topstep (as of 6-11-24) -
https://www.youtube.com/@imantradinglive
My website with trading resources (all free) -
https://www.imantrading.org/
Instagram:
https://www.instagram.com/imantradingfutures/
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imanktrading@gmail.com
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0:00 The fundamentals of categorical trading
1:10 Intro to consolidation trading
2:08 Intro to directional trading
2:39 Adapting to changing price action categories
3:45 Introduction to profit target placements
4:24 Profit targets in consolidation
6:02 Profit targets in direction
6:37 Why ATR is crucial for this
7:19 ATR and adjusting the timeframe to get your trading conditions
8:39 An amazing trick for ATR
9:44 Using price intervals to determine trade sizes and types
11:12 Everything on risk:reward ratios
13:15 Finding what you’re best at the RIGHT way
14:11 How long for you to find your best implementation
16:27 What time to trade, how long each session should be
17:48 How your uniqueness affects this strategy
18:51 The only time you should be wrong on a trade
21:20 What to trade (futures, forex, crypto, stocks, options?)
21:51 Journaling and recording - low effort, incredibly helpful
23:10 RECORD YOUR TRADES OR FAIL
25:52 Fixing problems and trading psychology
28:35 What are the first steps for you to do this?
29:44 How to know when NOT to trade
31:07 Price action variables to pay attention to
32:38 Reminders. Good luck without them.
34:33 Preventing mistake-reversion so you can make progress
35:32 Trick your brain into taking the right trades
36:46 NOT trading is more important than trading
37:34 Defeating session-pressure, anxiety, more trading psychology
38:59 Iman’s reminder document and important lessons
40:27 Crucial notes, simplified guide for you, more resources on this
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Risk disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results. Information in the video and the video's description is accurate as of the date of the video's release, but it's not guaranteed to be accurate after that.