No Indicator Trading Strategy Still Working After 50 Years!
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- เผยแพร่เมื่อ 9 ธ.ค. 2023
- In this video I demonstrate a quick and easy "3 day trade" trading strategy which I picked up from trader Perry Kaufman. I complete a 15 year back test on 14 different Forex pairs individually and collectively as a portfolio.
I test the original exit and then 4 other exits to see which works best and on which market. One of the exits consistently produces win rates over 80%.
All the testing is done using MultiCharts.
Data is from Oanda.
Original video featuring Perry: • Video
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WEBSITE: www.thetransparenttrader.com/
EMAIL ME: jarrod@thetransparenttrader.com
DISCLAIMER:
I am not a financial advisor and I am not offering you financial advice. I am not regulated in any way. The purpose of the content I provide is for educational purposes only.
Any information you receive is based on my own knowledge and experience in the financial markets and how you act on the information provided is your own responsibility.
I cannot be held responsible for any losses you may incur as a result of ideas taken from my content provided.
long time no see, still one of the most worth watching trading inspiration UPLOADERS！ THANK YOU SIR!
Love the ideas You share. Keep up!
thank you for sharing, I'm also still learning in the nfc community
Thank you for sharing this information will put this in my tool bag for sure 🙏
Add stops and see what happens. I would love to see video about that. Also information / thoughts about why it works on some pairs and not working at all on others would be interesting to hear.
very useful and helpful video thank you I am still learning in the nusantara fx community
Got to test this out in equity markets.
The video I just watched, the explanation is easy to understand for beginners like me who are learning in the nfc community
Hi, I don't understand... in almost several examples on the video I see on charts 4 down or up closes ! Entries long or short on 4th consecutive up or down closes. We have to wait 3 down or up closes and only at the end of 4th day I put trades?
Do you have anything the works intraday, instead of swings? Thanks!
thanks for the video.
Nice one.
link is dead, original video does not exist any longer. Any Help ?
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Veronica Hoy.
I'm surprised that you just mentioned Veronica Hoy here. I met her at a conference in 2018 and we have been working together ever since.
The very first time we tried, we invested $1400 and after a week, we received $5230. That really helped us a lot to pay up our bills.
Hoy's expertise in customizing investment portfolios based on changing market conditions and personal risk profiles is exceptional. It's not a one-size-fits-all approach, which is crucial in crypto investing.
You trade with Veronica Hoy 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 did a backtest on SPY for 2023 and it was a 63% win rate. The ROI was 7.6%.
7.6% sounds very pedestrian
@@scotthirsch3479 Yes, very lame especially when the risk free rate is 5.5%. Well, the returns can be amplified if options are used, since the overall strategy is a success.
@@scotthirsch3479 The SPY signal got triggered today. We had 3 up days. Based on the strategy, it’s to go short on the SPY today and close tomorrow. What I did was to buy a 380 put option on the SPY and short the 376 put option which is at money for net debit of $3.11. My max gain is $4 and my max loss is $3.11. Let’s see what happens tomorrow.
Do you use multicharts?
@@scotthirsch3479 I think 7.6% is without leverage....
Does this strategy work on different time frames?
What about with accounts that have leverage? Surely they will perform better?
I really appreciate the dedication in each video you post. To be successful in markets, traders should understand the crossover between asset classes & liquidity flow.
Olivia Maria Lucas focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. Her skills set is top notch
I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...
I remain eternally grateful to Olivia Maria Lucas for her efforts that got me to this point, finally payed off my mortgage and all my debts, what more could I've asked for. God bless you Olivia.
Please, how do I connect with Olivia
She's 'Olivia Maria Lucas' The best I've seen so far. Simply do your diligence.
Out of curiosity I looked up Olivia on the web and I have to say her Credentials are really Amazing.
Did you test P Kaufmans strategy on equity where he said he'd been using this successfully for 50 years? Id be interested to hear if it actually worked or not over that period, or actually some period in the past. After a number of years spent a bit like you building trading systems Im suspicious of many supposed great traders methods) On the specifics of your study, on multi charts are you able to add a cost of entry and exit to each trade and generate your equity curve and result table with that included? That would mean you see a more accurate results without having to do a mental calculation as to whether it would be profitable or not with costs.
Question for you sir, does it work on anytime frame.,
What time of day is your close on the currency markets ?
What time frame do you use in 3 down candle closes ?
how long have you been a trader? i'm a beginner trader still learning about trading in the nfc community.
You have to look at your expectancy. 80% is great, but now with a RR of 0.25. Your expectancy is zero which means there's no edge with this one.
How do you set up these candles?
Video của ban rất hay cam on bạn
That's arguable. Discretionary strategies are akin to failure because of discretion whereas Indicators can provide a methodical approach.
I've never seen a 50 year old indicator. Which platform was used there ?
Nice video, the link to the video you have set, is not working anymore (user has his account closed message I got)
I do something similar to this with credit spreads. 3 days and I’ll play the opposite
Hello! It frustrates me that I can't find a strategy or signals with a win above 85%. This is a kind of limitation. Maybe someone has achieved better results. Tell me if you know something with win more than 85%. Thank you!
respect
What ia Bailout exit?
Much better if you do a handstand with no clothes on while placing the trade
It is nothing but the Taylor Trading Technique.
Was that a fire alarm chirp at 10:08?
not SL ??
Chart patterns and price action helped me pass the The5ers prop challenge.
hi, what chat pattern do u use?
supply and demand approach, which I used to pass my The5ers prop challenge.
How many millions do you have congrats
That's just Elliott Wave for beginners
Nice video here, im happy to tell that I've hit my target of $1.4 million in my portfolio; it's been a long day coming, since I began with $220k and have been constant and adding to my portfolio ever since. Now I can afford to splurge a bit..
It would have been much better if at the beginning he mentioned that this is for the daily time frame only. There is no mention of lower time frames. Correct me if I'm wrong. I only trade with the lower time frames.
How u can justify a higher win rate when the drawdown is also large?even by eye balling i could see it.
I have subscribed. Let's l hope one can learn a few things here. 🙏
Excellent
I have best strategy in the world but not till any one
Man this sounds almost too simple 😂😂
84 % with dat jacket? 🤣🤣🤣
It's very important, sharing strategies does make learning faster. i also learned this in the NFC community
Detailed and thorough analysis. Well done. And thanks.
Thoroughly confused. You don’t seem to follow the rules. You showed examples of a trade went against you for seven or eight days before you exited which violated the rules you said in the beginning
If this strategy works for this guy, I doubt you can credit anything but his humongous cranium
Can you please enlighten me more about price action strategies? how do I spot when the prices would flop so I get in for a buy and take profits?
Hold back for a breakoff structure on a small time frame as soon as the prices makes a slight downward pullback. But then don’t enter a trade immediately the prices are down because prices can easily still go up which would have you loosing money
The biggest challenge holding traders back from utilizing price action concepts is that
price action concepts can be very difficult to identify.
Prices are not constant because the market stays teetering,it’ll be very difficult to know when prices collapses
@KENNISTRAY Thanks for sharing. I’ve Been trying to dig out the information you just shared. Do you teach about trading?
I’m not a trading advisor neither do I teach about trading. I only trade through the assistance of trading expert Brad so I’m able to simultaneously learn and earn while trading.
Thanks Jarrod Have a great trading week
Without stop loss this strategy is extremely extremely risky.,, I would even not to try.But thank you anyway to share with this concept.
All the best
Without stop loss any strategy would be risky lol that’s the point of a stop loss
Is this indicator satisfactory if you somehow set a stoploss?
@@kygocrysmaine3583 No way this might have worked for them, but if you deploy it anywhere else you will loose money for sure the entry is funny, if you are in downtrend you will be crushed.
thank you the knowledge is very helpful for beginners like me
Great Video and very helpful. Would you pls tell me how you set up Multichart that show Avg Trade(win loss ) in Pips instead of Monetary value. Thank you
I will forever appreciate this channel, you’ve helped me and my family a lot, your videos, advice and lessons are inspirational helpful to us,
I now earn every week. You’re such a blessing to this generation, we all love you
Okay but is not luck, is all about having good investment plans most of all trading with a trust worthy expert.
Watching professional trading videos and most especially connecting with the right person the digital world is full of in unreal people I met some of them during my success journey. I felt same way when I started especially when you use demo account you might be winning but when you put in real money you start losing I understand and I pass through it all. I’m very happy I’m profitable now.
Hey how good are your earnings I will like to get some insights into trading thank you.
Currently i can attest to the fact that I
make $18,300 weekly through trading
which is more better then my monthly salary job. Trading becomes my passive
income.
I can relate to all you said becaus am facing similar thing right now.
Congratulations I wish you more success.
At first i was afraid too before i gave it a try and realized fear kills dream more than failure.
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
You're right, but a lot of people remain poor due to ignorance.
Not because of ignorance, It's because of the high rate of unprofessionalism in the crypto market.
The crypto market has been unfavorable for months and i keep losing my money selling off during dips, i'm very scared of holding right now. how do you guys still make so much?
As a beginner investor, it's essential for you to have a mentor to keep you accountable . Myself I'm guided by Mrs Olivia Brown, a widely known crypto consultant
That's right, you need an experienced trader to make good profits trading cryptocurrencies
Another scam really , it doesn't matter what the entry is for the bail out exit ,it will give similar results .
None since off this strategy
What tool were you using to back test
Can you test on stocks, not interested in forex
I think this is one of the best strategy I have heard. Do follow this, you wouldn't regret but the key is you have to pick the right stock if you hoping price of stock to go up either same day or in a day or two in order for you to turn green!
Why don't you create the indicator with this strategy 😅
Because a 6 year old could execute this strategy. It's not too hard to count to 3.
@@atillamakai1652 an indicator can send alerts.
Check out Williams fractal. It’s pretty much a fractal
You are just a salesman...
Horrible strategy for sooo many reasons. Do not trade this mean reversion folks.
The digital market turned out favorable! $60,000 every month. I can now give back to the locals in my community and also support God's work and the church, God bless America....
Investing in stocks is a good idea, a good trading system would put you through many days of success.
I came here to learn how to invest after listening to a guy on radio talk about the importance of investing and how he made $960,000 in 4 months from $160k, somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas.
Now with the recent economy, to be financially stable you have making money online while other are sleeping..
It is possible to produce superior performance provided you do something different from the majority. However, most of us tend to pay more attention to the shiniest position in the market to the cost of proper diversification.
Having monitored my portfolio performance which has made a jaw dropping $470k from just the past two quarters alone, I have learned why experienced traders make enormous returns from the seemingly unknown market.
Market usually retrace after 2 to 3 trending but how far can it retrace before continuing the trend again? What if the trending is more than 3 days, could we consider using this 3 day strategy too?
Learn elliott wave principle you don’t need this bullshit..
I am new to BTC and may incur losses trying to make a profit for myself in trading... I thought that trading on a demo account is just trading in the real market... Can anyone help me or at least advise me what to do?
All you need as a beginner to make a good profit from cryptocurrency is a professional trader who will trade for you otherwise you may suffer losses.
That's right, you need an expert trader to make a good profit from cryptocurrency trading
@@RosaGabriela-fk9ynThis is the ideal time to invest in cryptocurrencies due to the rise in cryptocurrency prices.
How can someone know a trustworthy professional trader when a legitimate trader is so hard to find these days.
💯
basically nonsense gambling with negative EV, negative risk to reward and no clear stop loss level
The best thing to do is test it yourself and see........If something is effective a LARGE percentage of the time, the stop losses don't matter as much.......
🤣🤣🤣🤣🤣🤣 This doesn't work at all!!!! Look at S&P or some currencies. absolute wreckage.
Ahhahaha Is this a channel for gamblers? There's No ANY logical explanation of why it should work. Why 3? Not 5?
probably because trades are ran by emotions. It's the same reason that 95% of the time the SPY either breaks a pre-market high or a pre-market low... 95% of the time!!! That is insane!!! One can easily find ways to trade around that if they test it enough....
Basic mean reversion, genius.
I have to just use one indicator, I love price action but I also love divergence so the rsi I use. I can’t stand most indicators because 50/50 win rates are no good, momentum is key. , ill sometimes use fib but that’s it, I don’t care about volume profile and everything else
Nice one , but the indices? Why not?
Doesn't make any sense only u know what rubbish u r saying
Thanks Jarrod this is well explained and it is very encouraging to see simple strategies remain robust for so many years. With regard to selecting pairs for a portfolio (assuming the same strategy for all pairs) you've demonstrated that some perform better than others. How would you approach selecting or de-selecting pair/strategy combinations for a portfolio? Thanks for your great content and the effort you invest to produce it.
U are only trying to make money from views don't do it
I watched the bailout exit videos you have presented. Just one thing I'm not quite sure is the exit way when it's not profit. Do you close the un-profit position until the next entry signal pop up?
I'M NEW TO BTC AND I'VE BEEN MAKING LOSSES TRYING TO MAKE PROFIT MYSELF IN TRADING...I THOUGHT TRADING DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVISE ME ON WHAT TO DO?
Well...I will advise you should stop trading on your own if you keep losing and start trading with an expert because trading with an expert is the best strategy for newbie...😊
All you need now is a professional trader esle you will continue making losses
That's true most people today have been having a lot of failure in fx and crypto sector because of had orientation and bad expert
As a biginner who don't understand how Bitcoin trade really work and you really want to make profit from it. I will advise you to first start working with a professional broker
How can someone know a professional account manager that is trustworthy when legit one are hard to find this days
Predicting market movements is extremely difficult in reality. It requires the investor to be right twice: Essentially why individuals engage service of experts who provide proper strategies to navigate the markets
Agreed, which is exactly the reason I stopped taking advise from TH-camrs; in the long run, I only end up with a jumbled collection of stocks and bonds. Whereas all I needed to earn over $350k in less than three years was guidance from a true market strategist.
in my case Fergus Waylen has assisted me in doing that effectively, I'm not an expert so I lack experience in investment strategies, I work and my consultant handles the rest....
Fergus waylen has to be the best mentor I've met. He's copy-trading has been the best because I hop on it with $3k and I'm up with $35k in profit. He's insights, information and versatility in the market is superb
I am surprised that this name is being mentioned here, I stumbled upon some of his clients testimonies on CNBC news last week..
Yeah He is quite popular in the financial space I have turned over more than half mil working with fergus on a wide array of options and finally sticking to a few that have been favorable in the past 2 years. I began working with him In October 22 after the Fed lended 300b usd for stimulus to stem crisis, I knew I needed help
84% win rate is actually not that high. Looks like absolute bullshit to me.
Have you looked at intraday data i.e. 5 min, 10 min, etc. Jarrod?
I'm glad I got into crypto when I did because it’s been a turning point for me financially, been my best decision so far.
As an independent man I started my first investment plan with just a $1000 and now earning weekly income of $4830 in cryptocurrency exchange with my personal broker.
Inspiring! Do you think you can give me some advice on how to invest in a healthy way as you are doing?
Bitcoin has been falling for a while now and could fall further or close to rise again. The truth is that no one knows, I believe it's the right time to buy and also get a pro's assistant
I will recommend my current trader Mrs Adria Siewert, she is from USA and her strategies are earning a lot profit for me..
Isn't that the same Mrs. Adria Siewert that my neighbours are talking about, she has to be a perfect expert for people to talk about her so well
How can I go about investing in the crypto and stock market? Real estate sounds good too but it's all boils down to the right investment plan.
Building a good investment portfolio is more complex so I would recommend you seek expert like Mary Gail Benner support with her top notch experience, insights and strategies to secure and minimize the possibilities of losses
Please do you mind sharing any means of reaching out to her easily?
She's on telegram
Grimhal 👈
That's her username
I really appreciate your feedback. Thanks
Lol, every strategy can produce win rates of "up to" 84%
TY.
030124.