Hey Riley, thanks for the video! Question, why did you take the topping tail and not the prior reversal - a bear 180 rejection off the same level? How did you know it was going to break down below the range once you took that trade? Wouldn't it be better to add once it breaks the low of the range instead of betting it would break down at the hammer and putting all the money on that initial trade since it was still range bound? Thanks much for your answers in advance!
Hey man im new to trading. Just started getting into it yesterday. Do you mind explaining how he made money but the price is going down? I understand the strategy/technique completely. I just don’t get how he made money even tho the price dropped. I thought that was only possible upwards. Thanks!
@@ohalrohalrI can explain this. So in the market you can take one of two sides: going long (buying in hopes that the price goes up) and going short (borrowing shares from your broker and selling them in hopes that the market goes down). One thing you should know that I wish I knew when I started is do not fall down the TH-cam trading strategy rabbit hole. There is no strategy that you can copy from someone who is profitable and immediately become profitable yourself, it does not exist. What makes a strategy work is discretion which can only be gained by watching price move for hundreds if not thousands of hours.
@@canineshoe75 I understand! Thank you. Just to clarify, he theoretically obtained the stock using this “short” order by selling it before he actually bought it at that lower price?
Gotta say you are one of the few who actually say often enough where to put stop losses and to not be too agressive with trades and take the easy money instead of betting on more. It is very mature and good trading behaviour unlike many other youtubers.
I’m 31 and have been trading since I was 15 (custodial account). There is truth to this but there’s so much more to this picture than what is being explained. If you attempt this as a new trader, given enough opportunities, you will not succeed. You need data, you need to backtest this stuff in market replay and one thing most discretionary retail traders on YT try to tell you is to move your stop to breakeven. I’m not going to fight anyone on this but I guarantee you will get whacked on a retest multiple times for a break even loss before the market goes in your favor. Don’t let me or anyone else convince you, do the work. Backtest backtest backtest. There’s no replacement for time in front of the screen, seeing the charts and systematizing your entries, exits and stops.
I agree with you to some extent but not in scalping. I often move my SL to BE if the move has momentum. Then I am risk free. Depending on the MA I will trail my TP and once I see signs of exhaustion or reversal I am out. Its completely different to if I were to intraday where in the event of a downtrend or uptrend there is pullback and retests. In that context I completely agree with you. But scalping on the 1min or 5min nah bro, you're either right on your assumption or wrong and better to be wrong and save 1% for your next entry than have a losing trade.
I have a question, iam a new trader , the graph that is shown in the video in going downwards but he still having profit, i searched alot about that but didn't find the answer can you help me understand?
@@abd3llah_xhe made money on it because he placed a put option. If you think the price is going to go up you place a call if you think the price is going to go down you place a put
First strategy that actually clicked for me after years of trial and error. Been practicing it this past week and so far my paper account is looking pretty good. Excited to try with real money in the coming weeks.
I’m not sure if you’ve already stopped paper trading or not but one thing I will say before you jump straight in is keep paper trading or trade very small accounts for at least a couple months, learn when to trade and when not to trade in all market conditions and get your psychology in check before funding a larger account
@@1drewlollearn trade management and entry timing as well. Risk mgmt, trade mgmt, and entries will turn a meh strategy into a winner and vice versa, lacking those skills will take a winner through the dirt
@@1drewlolI use prop account to learn and gain experiences. If I lose, the acct gets reset next month anyways and I am not risking my money other than subscription fee until I pass.
Yes im have just like 1 week with bro videos and i have make already like 70 bucks. Just learning i started with 10! (also i Lose a lot on the Week just for going crazy without thinking hahha) leason Lerned and now i Set a price where i think its going down and the tp/sl bofore Hand! 🚀😂
No matter how advanced or beginner you are you have to admit this is amazing, easy, simple, this move probably happens 2x a week if you look for this particular pattern
Summary Scalping Strategy: -Look for resistance level where market has bounced off. -Once price comes up to resistance again AND rejects enter trade. -Make sure momentum of uptrend is over -Set Stop/Loss above last swing high -Let the trade play out until the down trend is ending. -EXIT Trade when the EASY money has been made Enjoy studying your videos. Thank you for making them.
Learned this the hard way when I was trading with 100x leverage on bitcoin, all it took was 2 seconds and my order liquidated 😂 went from profitable to broke real quick haha
ive been scalping for a year now, it depends on how you place your trades. finding the right coin for the day, search for reversals or pullbacks, or rejections, use 2-3 indicators is a must, lastly use 1:2 ratio. thank me later.
Really impressed. I'm already profitable. Just. But, so glad to see someone who explains themselves clearly and concisely. NO bs. Will be following you .
We are playing probability game here, no strategy will have 100% win rate. If you can make your trade even at 50-50 win/loss rate, but if the payout ratio is 2:1, you are still profitable. The reason why there are so many strategies out there is because people are trying to increase the odds of winning.
We found the guy looking for the 100% win rate strategy. You'll never be a profitable trader until stop hopping around trying to find what doesn't exist. Pick what suits you and become consistent with it, until then you won't become a profitable trader Paladreus.
@@somber8233 Here is a novel idea don't be a trader be an investor, all this dude is trying to do is sell a course. I'm not looking for 100% strategy I'm just warning people that this stuff works until it doesn't. You think if this dude had some magical winning strategy he would give it to you?
@@Paladreus_History I just told you that magical strategy doesn't exist so the question "Do you think he would just give it to you?" is a moot point. All the traders on TH-cam give out enough free content to learn. I'm not aware this guy is selling a course. I don't care for any paid courses if he or anyone else was. Being a trader and being an investor are not interchangable. Being an investor is great and there's less risk but again, they're apples and oranges. They don't serve the same purpose. Traders and investors are on complete opposing sides of the market spectrum. Aspiring traders are looking to make a living from trading or at least have supplemental income. They can't do that with investing. Your original comment does not say "Be careful or be warned" to me. It just sounds like you're trying to knock trading because you could write that same comment on any trading video and it be true but that's because that's what trading is. There's no perfect strategy that can just print money. There are A LOT of "trader haters" or inexperienced traders that come to videos like these and just talk smack about someone's trading. That's how your comment comes off as. If you wanted to warn people, I think you should be more specific. Like "There's a lot of risk in trading so it's important to manage that properly because no strategy works all the time." or "Beware some people's videos who aren't even real traders just trading demos and wanting to sell you bunk courses." or maybe just suggest people to invest instead and talk about why you chose investing over trading in the original post.
this honestly looks so simple! Of course with a bit of studying anyone can understand this and profit. It just takes guts to risk money and be ok with losing some.
You did 2 Trendline adjustments, how do you determine when you adjust it? Thanks in advance. Teach an older trader new tricks. I'm an x floor trader from NY. You have TALENT!
Some bad trades come from not accepting your loss, you can stack the probabilities in your favour, but no trader EVER is going to be right 100% of the time, keep stops tight and admit defeat when you KNOW you need too, it's not cowardice. A lot of traders let 1 trade wipe out the gains from 5,7,10 winning trades. Good entries allow you to keep stops tight, don't buy calls at resistance, puts at support, if you play S+R and use price action to gauge market movement you can keep your stop out within 10-15% of a break of S/R level, good luck
Yeah those aren't that exciting. Your stop loss just get's hit and you move on. With proper risk reward losses don't blow up your account. I generally shoot for 1-3 risk to reward ratio.
Thanks for the analysis! Just a quick off-topic question: I have USDT in my SafePal wallet along with the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How should I go about transferring them to Binance?
This is more of an intraday swing trade or a move to move trade, if it was a scalp profits should be taken at the support level, but still a decent trade👍
Can u tell me the settings? Can I use a demo? How much money should I have to trade like u? Where can I find the broker you use? What are the commissions And extra money I will spend for each trade? Do you have a tutorial for beginners?
remember break even isnt where you started its where you started plus your trading cost for the trade and stop loss and sell order so look at what your trades cost to trade and add that to the cost for break even.
Great video as always! 👍 Need some advice: 🙏 I found these words 😅. (behave today finger ski upon boy assault summer exhaust beauty stereo over). What should I do with this? 🤷♂️
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Katherine Rathe
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
Excellent content! Thank you for sharing….. It’s a simple strategy for people to apply…. Especially after a ‘double top’ formation! As you so rightly say, exit the trade once the short downtrend reversal is broken! (In simple terms: the original premiss for the trade is no longer valid).
Funny thing is, it looks easy but it isn’t as straightforward as it seems. I’ve done this before and yes it is a winning strategy. BUT if done wrong can cost you a lot of money. A strategy like this makes you overtrade cause you think it’s easy and then it hits you when you start losing. There is a huge study behind how this strategy works. I can confirm it works but the win rate is I would say around 65%
This pattern plays out every day on the tops gainers. The problem is finding short shares available. Or, having to use futures on a bigger cap stock. Please talk about that, and tell us the ticker symbol of the stock in the video. Tyvm
Ninjatrader platform chart trader has this feature you can set one and when you enter a trade it will automatically add a stop at the ticks you are willing to risk
The context seemed to be 1) price is currently at a resistance level. 2) It has lost momentum (length of buying candles) 3) It has rejected resistance. 4) Engulfing candle on rejection. 5) Next candle closed below the rejection candle. 6) Third candle has broken market structure. i.e Probability of reversal. I'd recommend if you were to enter this trade. Enter after the second candle closed so you can identify it is a rejection.
The not very secret secret to end all trading secrets is knowing **when to get out.* Letting go of a losing trade is the single most important skill anyone can have. It's not even knowledge. It's counter-intuitive self-control. Kind of like when Neo was learning to jump from rooftop to rooftop with no fear of falling. It didn't work until he lost his fear.
Yeah I agree, using certain indicators whilst you're in a trade can be powerful. People get greedy and want to hit that 2/3/4 r trade and it reverses. You have to be constantly monitoring the market, the EMA's and the market structure.
Hello! I am new to cryptocurrencies and I don't really understand how to get good profit from investing in cryptocurrencies. Can you point me to the right approach to get good returns on cryptocurrency investments?
That's right, it takes an experienced trader to make a good profit from cryptocurrency trading, I make $15,000 a week. God bless Mrs. Kerine Mirelazam she has one of the best winning strategies in cryptocurrency.
mrs.Kerine Mirelazam really changed my life, I invested $7,000 and she made me $29,500 in just one week. I am glad to have a broker like Mrs.Kerine Mirelazam.
Ive never done this. I'm guessing the lower the graph goes the higher the stocks are? Looks confusing. You'd think the chart moving up would have more money per stock
What’s the win rate on this? I will agree that it will usually reject the level at least for a few candles, but many times return to the area quickly. Breaking even isn’t a bad idea.
📙Free Scalping Strategy Class on how to start becoming a profitable trader ➡️join.evolvedtraders.com/yts
Love all your you-tube videos!
Hey Riley, thanks for the video! Question, why did you take the topping tail and not the prior reversal - a bear 180 rejection off the same level? How did you know it was going to break down below the range once you took that trade? Wouldn't it be better to add once it breaks the low of the range instead of betting it would break down at the hammer and putting all the money on that initial trade since it was still range bound? Thanks much for your answers in advance!
Thank you for this excellent video! 👏
What platform are you using?
How many leverage did use and how much money did u use to earn 500usd?
This strategy is so simple yet so effective. It's amazing how well it works.
Hey man im new to trading. Just started getting into it yesterday. Do you mind explaining how he made money but the price is going down? I understand the strategy/technique completely. I just don’t get how he made money even tho the price dropped. I thought that was only possible upwards. Thanks!
@@ohalrohalrI can explain this. So in the market you can take one of two sides: going long (buying in hopes that the price goes up) and going short (borrowing shares from your broker and selling them in hopes that the market goes down). One thing you should know that I wish I knew when I started is do not fall down the TH-cam trading strategy rabbit hole. There is no strategy that you can copy from someone who is profitable and immediately become profitable yourself, it does not exist. What makes a strategy work is discretion which can only be gained by watching price move for hundreds if not thousands of hours.
@@ohalrohalrYo! With futures you can sell first and then buy later. Sell at a high, wait for it to drop, then buy the low
@@ohalrohalr He shorted the stock, essentially selling the stock at a higher price and buying the shares back at a cheaper price
@@canineshoe75 I understand! Thank you. Just to clarify, he theoretically obtained the stock using this “short” order by selling it before he actually bought it at that lower price?
Gotta say you are one of the few who actually say often enough where to put stop losses and to not be too agressive with trades and take the easy money instead of betting on more. It is very mature and good trading behaviour unlike many other youtubers.
Thank you Riley. I only wish every day could look as clean and easy as your example chart.
Notice how many times the trend line got adjusted...
I’m 31 and have been trading since I was 15 (custodial account). There is truth to this but there’s so much more to this picture than what is being explained. If you attempt this as a new trader, given enough opportunities, you will not succeed. You need data, you need to backtest this stuff in market replay and one thing most discretionary retail traders on YT try to tell you is to move your stop to breakeven. I’m not going to fight anyone on this but I guarantee you will get whacked on a retest multiple times for a break even loss before the market goes in your favor.
Don’t let me or anyone else convince you, do the work. Backtest backtest backtest. There’s no replacement for time in front of the screen, seeing the charts and systematizing your entries, exits and stops.
I agree with you to some extent but not in scalping. I often move my SL to BE if the move has momentum. Then I am risk free. Depending on the MA I will trail my TP and once I see signs of exhaustion or reversal I am out. Its completely different to if I were to intraday where in the event of a downtrend or uptrend there is pullback and retests. In that context I completely agree with you. But scalping on the 1min or 5min nah bro, you're either right on your assumption or wrong and better to be wrong and save 1% for your next entry than have a losing trade.
How long did it take for u to become profitable. Because I'm 15 and started at 13 and still not profitable yet,
I have a question, iam a new trader , the graph that is shown in the video in going downwards but he still having profit, i searched alot about that but didn't find the answer can you help me understand?
@@abd3llah_x it’s called shorting.
@@abd3llah_xhe made money on it because he placed a put option. If you think the price is going to go up you place a call if you think the price is going to go down you place a put
First strategy that actually clicked for me after years of trial and error. Been practicing it this past week and so far my paper account is looking pretty good. Excited to try with real money in the coming weeks.
I’m not sure if you’ve already stopped paper trading or not but one thing I will say before you jump straight in is keep paper trading or trade very small accounts for at least a couple months, learn when to trade and when not to trade in all market conditions and get your psychology in check before funding a larger account
@@1drewlollearn trade management and entry timing as well. Risk mgmt, trade mgmt, and entries will turn a meh strategy into a winner and vice versa, lacking those skills will take a winner through the dirt
@@1drewlolI use prop account to learn and gain experiences. If I lose, the acct gets reset next month anyways and I am not risking my money other than subscription fee until I pass.
DON'T DO IT 😂🤣😂
I have a tip for put a 0,25% commision on your paper account. I thought it was working too until i did
This is actually how I have been seeing the market and entering positions. And then just keeping a tight SL. This is really good bro
Yes im have just like 1 week with bro videos and i have make already like 70 bucks. Just learning i started with 10! (also i Lose a lot on the Week just for going crazy without thinking hahha) leason Lerned and now i Set a price where i think its going down and the tp/sl bofore Hand! 🚀😂
One of the best teachers on TH-cam!
No matter how advanced or beginner you are you have to admit this is amazing, easy, simple, this move probably happens 2x a week if you look for this particular pattern
Did this today and it yielded profits. I’m thinking of sticking to this
Indicator settings from your video were a game-changer for me. Thanks!
BEEN THERE DONE THAT!! ATE GOOD THE WHOLE MONTH!! Riley Colman was hating on me that whole month too!
Brilliant 👍🏻 simple n easy way to show someone I use it but only just picking it up good to see full video so I know I’m doing something right
This actually works...wel i use it together wit an rsi wit only a 50 line (to show bullish/bearish momentum)...
Summary Scalping Strategy:
-Look for resistance level where market has bounced off.
-Once price comes up to resistance again AND rejects enter trade.
-Make sure momentum of uptrend is over
-Set Stop/Loss above last swing high
-Let the trade play out until the down trend is ending.
-EXIT Trade when the EASY money has been made
Enjoy studying your videos. Thank you for making them.
am i supposed to say i was paid to leave a comment? omg i took your class and i made a ton of money. thanks so much for making me rich!
Excellent point Riley, the market can turn against a trader very quickly. Especially, when scalping
?? Scalpers have a higher win rate so it doesnt make sense to say especially. They would literally be the last traders to say that to
Learned this the hard way when I was trading with 100x leverage on bitcoin, all it took was 2 seconds and my order liquidated 😂 went from profitable to broke real quick haha
@@JoseEspinozaCarbajal Scalping without a stop loss is retard level 1000
@@caughtinthevoidfloyd5821 a high winrate doesn't automatically mean u make the most money you know that right
ive been scalping for a year now, it depends on how you place your trades. finding the right coin for the day, search for reversals or pullbacks, or rejections, use 2-3 indicators is a must, lastly use 1:2 ratio. thank me later.
This is a perfect example of keeping simple things simple... but, dont confuse simple with easy
100%
Really impressed.
I'm already profitable. Just.
But, so glad to see someone who explains themselves clearly and concisely. NO bs.
Will be following you .
He’s a hack watch imantradings video on him
I expected this to be BS but this is actually how I currently trade lmao. Didn’t think about the trend line idea though. Going to test that.
We are playing probability game here, no strategy will have 100% win rate. If you can make your trade even at 50-50 win/loss rate, but if the payout ratio is 2:1, you are still profitable. The reason why there are so many strategies out there is because people are trying to increase the odds of winning.
This is a great example of a strategy that works until it doesn't 😂
Sure you don't win every time but as long as you have good risk reward it works out in the end.
We found the guy looking for the 100% win rate strategy. You'll never be a profitable trader until stop hopping around trying to find what doesn't exist. Pick what suits you and become consistent with it, until then you won't become a profitable trader Paladreus.
@@somber8233 Here is a novel idea don't be a trader be an investor, all this dude is trying to do is sell a course. I'm not looking for 100% strategy I'm just warning people that this stuff works until it doesn't. You think if this dude had some magical winning strategy he would give it to you?
@@Paladreus_History I just told you that magical strategy doesn't exist so the question "Do you think he would just give it to you?" is a moot point. All the traders on TH-cam give out enough free content to learn. I'm not aware this guy is selling a course. I don't care for any paid courses if he or anyone else was.
Being a trader and being an investor are not interchangable. Being an investor is great and there's less risk but again, they're apples and oranges. They don't serve the same purpose. Traders and investors are on complete opposing sides of the market spectrum.
Aspiring traders are looking to make a living from trading or at least have supplemental income. They can't do that with investing.
Your original comment does not say "Be careful or be warned" to me. It just sounds like you're trying to knock trading because you could write that same comment on any trading video and it be true but that's because that's what trading is. There's no perfect strategy that can just print money. There are A LOT of "trader haters" or inexperienced traders that come to videos like these and just talk smack about someone's trading. That's how your comment comes off as.
If you wanted to warn people, I think you should be more specific. Like "There's a lot of risk in trading so it's important to manage that properly because no strategy works all the time." or "Beware some people's videos who aren't even real traders just trading demos and wanting to sell you bunk courses." or maybe just suggest people to invest instead and talk about why you chose investing over trading in the original post.
@@RileyColeman clean and to the point, don't listen to those haters.
It would be nice if the markets consistently worked in our favor like this. Not always so, though.
It either goes up, sideways or down. Easy
this honestly looks so simple! Of course with a bit of studying anyone can understand this and profit. It just takes guts to risk money and be ok with losing some.
I love all your videos Riley! And now that I am taking your course, I see you go more in depth about this grreat strategy!
Legendary strategy, I put it to use the moment I saw the video🎉❤, I cant thank you more😅
Thank you, very useful for me, who is studying in the NFC community
used it with alpha futures and it worked great
I trade with BCR, Australian broker, definitely recommend!!
This is amazing..if u know what ur doing ..It provides a person pinpoint entries for life..Geesh
You used the right word their, it can quickly turn against if not properly managed
These are the videos I want TH-cam recommending to me.
same
Very good, handsome trader! Thanks for sharing! 🙏💕
Very nice trade profit, especially since it appears to be micros that you're trading.
Awesome strategy! Thank you so much for sharing it! 🙏 🥰💖
Bro, thank you! I saw the Trendline adjustment in this video. KEY to what I'm trying to accomplish with trendlines. Thank you!
You did 2 Trendline adjustments, how do you determine when you adjust it? Thanks in advance. Teach an older trader new tricks. I'm an x floor trader from NY. You have TALENT!
He was cappin that’s why he adjusted
When it brooks the first times he should’ve been out but for the video he stretched it
Do a video on trades going bad and how you handle them
Some bad trades come from not accepting your loss, you can stack the probabilities in your favour, but no trader EVER is going to be right 100% of the time, keep stops tight and admit defeat when you KNOW you need too, it's not cowardice. A lot of traders let 1 trade wipe out the gains from 5,7,10 winning trades. Good entries allow you to keep stops tight, don't buy calls at resistance, puts at support, if you play S+R and use price action to gauge market movement you can keep your stop out within 10-15% of a break of S/R level, good luck
Have a percentage loss you're willing to take if it gets there. Youre done analyze and re enter
its simple. you get out at your stop loss or before it
Yeah those aren't that exciting. Your stop loss just get's hit and you move on. With proper risk reward losses don't blow up your account. I generally shoot for 1-3 risk to reward ratio.
@@RileyColeman Exactly, a loss is a loss. No big deal. Move onto the next set-up.
Thanks for the analysis! Just a quick off-topic question: I have USDT in my SafePal wallet along with the seed phrase. (air carpet target dish off jeans toilet sweet piano spoil fruit essay). How should I go about transferring them to Binance?
I wish a real life trading day ends up like this fairy tale. What a day it would be for all the traders.
Rookie. Learn better
Been doing this at work with 2k made 200+ in 2 weeks being very conservative. Took one lose and few small ones
Love this!! Keep it up 👍🏽
Depends on HTF analysis.
Nice video 😊
Very effective IF mastered over time!! Read that again!!!!
Awesome exit strategy
You have great content. What app are you using on your phone?
Appreciate the information and honesty
This is more of an intraday swing trade or a move to move trade, if it was a scalp profits should be taken at the support level, but still a decent trade👍
Can u tell me the settings? Can I use a demo? How much money should I have to trade like u? Where can I find the broker you use? What are the commissions And extra money I will spend for each trade? Do you have a tutorial for beginners?
Great edit 🔥thanks
Cool vid
Thank you for your liquidity.
Newbie here, what broker are you using or would recommend, thanks 🙂
remember break even isnt where you started its where you started plus your trading cost for the trade and stop loss and sell order so look at what your trades cost to trade and add that to the cost for break even.
Wonderful! Crisp and Clear!
I really gotta study this stuff
It changed my trading around when I started doing this.
I love your job thank you I follow you your good ❤
Man this editing is topnotch... What app you using
i might be a little slow i’m just trying to learn, but how are you making profit in the red
What are you trading? What instrument/market is this?
Either S&P 500 or NASDAQ Futures
Great video as always! 👍 Need some advice: 🙏 I found these words 😅. (behave today finger ski upon boy assault summer exhaust beauty stereo over). What should I do with this? 🤷♂️
What software do you use? Just starting out, like your videos…
I never move my SL. Then again, I don’t use hard stops 🤷🏻♂️
Brilliant content. Very engaging and well presented.
I lost over $80k when everything started to tank. Not because I was in an exchange that went belly up. I was just stupid to hold and because that's what everyone said. I'm still responsible. It just taught me to be a better investor now that I understand more of what could go wrong. It took me over two years of being in the market, I'm really grateful I found one source to recover my money, at least $10k profits weekly. Thanks Katherine Rathe
Wow. I'm a bit perplexed seeing her been mentioned here also Didn’t know she has been good to so many people too this is wonderful, I'm in my fifth trade with her and it has been super.
She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.
You trade with Katherine Rathe too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
Good job 👏🏻🎉
Excellent content!
Thank you for sharing…..
It’s a simple strategy for people to apply….
Especially after a ‘double top’ formation!
As you so rightly say, exit the trade once the short downtrend reversal is broken! (In simple terms: the original premiss for the trade is no longer valid).
Please post more!
Nice video. As anyone told you that you look like Keith woods?
this is exactly what i do😊
Well said👌
Funny thing is, it looks easy but it isn’t as straightforward as it seems. I’ve done this before and yes it is a winning strategy. BUT if done wrong can cost you a lot of money. A strategy like this makes you overtrade cause you think it’s easy and then it hits you when you start losing. There is a huge study behind how this strategy works. I can confirm it works but the win rate is I would say around 65%
Would you please help me figure out as a beginner what programs should I buy or computer supplies
This pattern plays out every day on the tops gainers. The problem is finding short shares available. Or, having to use futures on a bigger cap stock. Please talk about that, and tell us the ticker symbol of the stock in the video. Tyvm
Hi man
Nice video
What is you r higher tf
The 1-min candle is driving me loco!
What company do uou use when you fund your own account?
there's lots of different companies out there
Stocks can go down quicker n easier than going up... Profit taking, trails get triggered, fear etc etc .. U just gotta play ur cards right.
Bloody brilliant strategy, but lots of waiting 😢
Can u do a short on how to actually input the stop loss and do the trade please Thanku
Ninjatrader platform chart trader has this feature you can set one and when you enter a trade it will automatically add a stop at the ticks you are willing to risk
Great advice I subbed 💯
Smooth !!👌
Thanks
Cool, What technique do you use? I use the technique of performing unfilled order taught ini the nfc community
Great video, how much are you betting tho to get that result?
In this trade I risked $200
Do you run this strat in any context or do you have qualifying conditions that must be present before you even consider it?
The context seemed to be 1) price is currently at a resistance level. 2) It has lost momentum (length of buying candles) 3) It has rejected resistance. 4) Engulfing candle on rejection. 5) Next candle closed below the rejection candle. 6) Third candle has broken market structure. i.e Probability of reversal.
I'd recommend if you were to enter this trade. Enter after the second candle closed so you can identify it is a rejection.
Use 20 SMA and trend lines
Excellent 👌What was the lot size?
I'm Brand new to candles. How are you making money if it keeps going down?
Amazing 🔥🔥🔥
The not very secret secret to end all trading secrets is knowing **when to get out.* Letting go of a losing trade is the single most important skill anyone can have. It's not even knowledge. It's counter-intuitive self-control. Kind of like when Neo was learning to jump from rooftop to rooftop with no fear of falling. It didn't work until he lost his fear.
Yeah I agree, using certain indicators whilst you're in a trade can be powerful. People get greedy and want to hit that 2/3/4 r trade and it reverses. You have to be constantly monitoring the market, the EMA's and the market structure.
Hello! I am new to cryptocurrencies and I don't really understand how to get good profit from investing in cryptocurrencies. Can you point me to the right approach to get good returns on cryptocurrency investments?
That's right, it takes an experienced trader to make a good profit from cryptocurrency trading, I make $15,000 a week. God bless Mrs. Kerine Mirelazam she has one of the best winning strategies in cryptocurrency.
mrs.Kerine Mirelazam really changed my life, I invested $7,000 and she made me $29,500 in just one week. I am glad to have a broker like Mrs.Kerine Mirelazam.
How do you find a reliable, experienced dealer when it's hard to find a good dealer these days?
It's not the first time I've heard of Mrs. Kerine Mirelazam, she seems to be quite a feat in the business world. How can I contact her?
For your Buy Stop, do you use a market or limit order?
Market. I don't like the potential of the order getting skipped.
@@RileyColeman thank you. I have the same concern.
Outstanding
What broker are you using to scalp STOCKS? (With low spread)
Which trading broker and platform is this?
I’m using tradestation + tradingview but the stop losses are too slow for scalping.
Thanks!
What contract are you trading in this clip?
ES
How much margin and leverage? Which broker allows that?
I would guess $12,000
What margin size do you use in USD to make $500? Do you use leverage? Thanks!
You have to use leverage in Forex, as the price movement are so miniscule. Probably 100x.
Ive never done this. I'm guessing the lower the graph goes the higher the stocks are? Looks confusing. You'd think the chart moving up would have more money per stock
Ok it's not bad !!
What’s the win rate on this? I will agree that it will usually reject the level at least for a few candles, but many times return to the area quickly. Breaking even isn’t a bad idea.
Best