I Became A Millionaire Trader Using One Simple Strategy (Backtested Proven Results)
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- เผยแพร่เมื่อ 28 พ.ค. 2024
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In this video, I go over the strategy I trade every single day as a full time trader and how you can use it too on options, stocks, forex, etc.
I help clear up misconceptions of how hard trading has to be and show you a simple strategy.
Please LIKE this video if it provides you Value!
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Time Codes:
0:00 - Introduction
0:18 - Profitable & Simple Trading Strategy
1:19 - Real Trade on TSLA
3:25 - Real Trade on Bearish Day
6:15 - Real Trade on Bullish Day
8:45 - Real Trade on Choppy Day
12:08 - Total P&L For The Week Using Strategy
DISCLAIMER: I am not a financial advisor and anything that I say on this TH-cam channel should not be seen as financial advice. I am only sharing my biased opinion based off of speculation and my personal experience. You should always understand that with investing there is always risk. You should always do your own research before making any investment.
#optionstrading #options #stock #stockmarket #TSLA #daytrading #tradereview #finance #fintwit #AMD #NVDA #aapl #SPX #daytradingstrategy #candlestickpattern #candlesticks #learndaytrading #tradingeducation #SPY #spx500
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You are explaining in detail you are an awsome teacher, not come across many people on youtube like you. Thanks
best video ive seen in my life no cap
You deserve the best for your videos it is so simple and clear and educatif. So greats here from Tunisia
I have your book, great stuff.
I'm very excited to add an edge to my trading and kick in an offshore account.
Dude, thank you very much for this video. Very clear and informative. I actually watched it before but didn't see the value as I do now. I like the strategy because it doesn't require any subjective additions like level and FIBS. The 1 minute chart draws the level for you and the retest show the validity of that level. Thx again.
great content! thank you very useful I am still learning in the fx community nusantara class
Thank bro for sharing I will back test this. thanks again.
Thanks for the great video! Those sideways examples help a lot.
Excellent content Thank you
Great video, TY. The initial opening range is within about the first 10 to 15 minutes in case anyone missed that. It could be expanded to the first hour and a half as the morning wears on. That was an important takaway for me. The retest method is something to perfect. Also the impulse candle size was a very good point about the likely price action afterwards. Nice!
thank you for sharing, I'm also still learning in the nfc community
Nice strategy You make look so simple😃
Your is only video that shows all realistic trade i.e profit and sl..
Thanks for the video..
I pray for our prosperity ..
did you became millionaire ? lol
Wow great video
If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You must look outward if you wanna be successful in life.
The first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional like I did. If you get the facts about saving and investing and follow through with an intelligent plan, you should be able to gain financial security over the years and enjoy the benefits of managing your money
The stock market rally run is gone, but I'm not sure if equities will swiftly recover, keep falling, or fluctuate in a narrow range for a few weeks, or if things will quickly get worse. I'm under pressure to increase my $300k reserve.
the market is profiting if you are using a good broker or account manager to help out with trades or provide signals
@@donaldgeorge2743I agree with you! With her help, I diversified my 450k portfolio among different markets. During this bearish market period, I was able to produce a net profit of little over $1 million from high dividend yield stocks, ETFs and equity. However, the reality is that you cannot do it without a tried-and-true trading coach like expert Laura
Her success story is everywhere. I keep on hearing expert Mrs Laura's name being mentioned here and other platforms, Does she really worth the credits and reviews?
Dude. Unbelievable. This is the first video of yours that I have come across. I’ve been trading for about 4 years and watch trading videos all the time. I watched your video on a Saturday and did some back testing. I have no doubt, even before my first trade after viewing your video, it will be a game changer for me. It’s a strategy I can be confident in and I’m sure will change my life. This I have NO doubt. Thank you. I’ll return and comment after next week to let you know about my success.
How did your week go?
How did it go? Please confirm.
What is your result in last 4 weeks with this strategy?
Probably went badly or this commenter was a bot.
@@idunusegoogleplus yes
Thanks for ur free info
honesty, this is very useful trading information
you never got information about real trading if you still watching this video
nice one Scarface
Great job
breakout and retest.. Great!
Great video, I use to overtrade with many pairs and stress myself with many strategies I found on TH-cam
Now I just trade NG 3 Trades max per day with alerts so I don't have to be glued to the charts with 1:2 Risk to Reward or more
I frequently feel excluded when others talk about their profits from Bitcoin and Forex investments. Can someone please suggest a trustworthy adviser or account manager?
Absolutely, she has been overseeing my trades too. Her strategies have given me a unique insight into the world of binary forex trading.
Rosie Harley has been in charge of my trades. She is a dependable and trustworthy individual in whom you can have full confidence to handle your investment.
I am familiar with Mrs. Rosie and have been trading in partnership with her. Her remarkable talent and exceptional skills bring me satisfaction every week.
How can someone get in touch with Rosie?
"I was delighted when my broker endorsed Mrs. Rosie Harley. Despite my initial doubts, I opted to invest a modest amount, leading to significant profits."
I wonder if people that experienced the 2008 crash had it easier because. my portfolio has lost over $27000 and I don't see my retirement turning out well when I can't even grow my stagnant reserve
You have an opportunity to rebalance thanks to volatility. In order to help you diversify your portfolio, you must hire a financial counselor or broker.ur portfolio, you must hire a financial counselor or broker.
I'll suggest you create a diversification strategy because building a good financial-portfolio has been more complex since covid. I have accrued over $120K under the guidance of my coach during this crash. She figured out Defensive strategies to protect my portfolio and make profit from this roller coaster market.
I’m new to all this, heard it's a good time to buy and basically I've just got cash sitting duck in the bank and I’d really love to put it to good use seeing how inflation is at an all time-high, who is this coach that guides you, mind I look them up
My advisor is Monica Amanda McClure she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field
She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.
Just my trading guru
I know in 6 years I will be a millionaire self made, but I must be patient and not deviate from my trading plan and not be greedy.
Keep dreaming 😴 it’s not that easy
This is awesome stuff … simple strategy, I need to try this one..💯
Thank Scarface for a great video.🎉
omg THANK YOU!!
Really no rocket science, simple and Great, Thanks for posting and keeping us educated
you believe his rubbish?
Starting to understand this now! Do you live trade or have courses
Love the Video 💯
I would add one thing. This is a breakaway strategy, which means that once price retests a price level the whole strategy is designed to make profit once the price bounces off that price level and "breaks away" from that price level. Once the price hits and retests and starts to move in your direction for profit, it's the do or die time. It's either going to "break away" or not. If it looks like it doesn't have enough gas, energy, momentum, whatever you want to call it, move your stop loss to breakeven, then you don't lose any money on the trade for being "not quite right". I'm not saying do it right away - you have to give price enough time to breakaway. But its better to not lose any money that to watch the price move against your position because the "break away" didn't materialize in a certain time frame. In other words, the trade did not materialize.
Dude this is CRAZY! This is EXACTLY what I've been working on to pass a PROP trading challenge. Cutting losses has been my achilles heel. However I'm managing that how by only taking 25% of a position, until the stock has demonstrated it intends to trend. So I'm optimistic for next week. Thanks for confirming my suspicions. This a ridiculously simple strategy that it makes sense. Just an open range breakout.
I can bet that It's going to break out of range in about 40% cases in other 60% action will return back into the range.. Because Market is ranging most of the times.. Also Many times action will sweep those Stop losses just above high and under Low, to return into the range again.. So? your example is not typical..
@@skybiz4520 By far the best approach is only take a break out in the direction of the moving average. I have literally studied break outs over 500 hours. The only time to violate this rule is if there has been a long trend, bear or bull. Channels can occur at the bottom or top of a long trend...In that case the moving average is irrelevant cause the mkt is either accumulation...bottom channel...or distribution...at the top of a trend. Both will eventually break out in the opposite direction of the previous trend. As a general rule, channels...narrow trading ranges are continuation patterns...they will break out with the dominant trend, 70 percent of the time, and the moving average demonstrates the trend direction.
Thank You!
THANKS.
Tried this for first time on TSLA today. Used nearest option strike. Broke the low and retested the level, bought a put. Exited 10 min later with 100% gain.
The first video that actually makes sense!! Can you recommend a paper money platform that allows me to pause and play like this to practice on?
Trading View for paper trading and replay mode. Also it integrates with some brokers so you can trade directly on there.
Thank you
Awesome video like always, Just wondering what is your fundamentals requirements (market size? float rotation? shorts interest? daily volume average? catalyst?, What support do you have for your thesis?
I often wonder how successful investors are able to make millions of $$ from just trading stocks. Im completely new on this area of investing. I have a couple thousands saved up which i want to invest for long term and I know this sounds a bit dull but, I would like to know what advice you could give to start my investing journey
Buy low sell high. Stick with a good company by either not selling when it’s going lower and/or buying more at that time. But In a situation where you're after short term profit, it is best to get in touch with an investment professional to guide you with entry and exit points.
Well, I recommend you make a diversification plan because it's been harder to build a good financial portfolio since COVID. My colleague suggested I hire an advisor. I did and I've actually made over $926K with my advisor's help during this market crash. She uses defensive strategies to protect my portfolio and make profits despite the ups and downs.
@josephbush That's quite remarkable! I'm genuinely interested in benefiting from the guidance of such experienced advisors, especially considering the current state of my struggling portfolio. May I know the name of the advisor who has been assisting you in navigating these financial challenges?
@aureliobjm I am guided by ''Heather Lee Larioni''. I found her on a CNBC interview where she was featured and reached out to her. She has since provided entry and exit points on the securities I focus on. You can look her up online if you care for supervision.
@josephbush This recommendation literally came at the right time, I’m down by $7k on my portfolio this week alone.. its crazy! I just looked up Heather online and researched her
Actually this is a good strategy, thanks
This is the video I can say is legit. You showed us your winning trade and the losing trade. Some so called raggedy trade gurus will shows nothing but winning trade saying you can’t lose money. Thx again for this video
great video
Thank you very much
I think for newer traders more details are needed. Describing the wick at 2:41 the hammer candle as an example. Anyway, just remember don't assume they understand your tutorial. Also mention trade size. To give them a more well rounded feel for your strategy.
its better if you avoid random youtuber then for learn trading real ,there are only few here on tube sharing their knowledge
Where is the link for the previous in depth video you said would be coming up on the screen, nothing came up on my screen. Thanks
Listen... I have been in trading world for less than a year, struggled SOOO bad to find my way, my strategy and all. And this video was just a holy grail! THANK YOU SO MUCH! Just now passed a trial challenge in a prop firm, so going for funded asap.
I have been involved in trading for 15 years...Look up Oliver Velez on TH-cam. He is a professional Wall Street Trader...amazing education for free.
Really, nice! Curious to know how its going 1 month later :)
How to try the prop trial test
@@holbrook-ul9cf FTMO offers trial challange
@@spectralhorizon8618 Didnt go for funded, but strategy is working like a charm!
Very systematic approach. Nice!
@scarface how you used to monitor different tickets . do you build a scanner for the above logic ?
Thank you
Can you show explain what trades you are making, Are you trading Options? How many contracts? How far out? Are you trading stocks? How big is your trade...
Awsome videos, the white page is blowing out my eyes
thanks for the strategy. if I may know what trading techniques you use? I use the UFO technique from the nfc community.
Thanks. Does this work for futures markets like NQ?
nice and simple strategy , however on what time frame do you apply the strategy ?
support and resistance is powerful
yea its for newbie
Thank you so much 🙏🏾
Great info, thank you. Quick question. How do you decide what stocks to use this method with? Is it always the same ones for you, or do you have a shirt list you follow, or does it matter?
Exactly my thoughts. No answer, though. 'Can it be used with currencies?', is another question I had. (Edit: just checked the write up under the video, it can).
Great videos do you have a course?
You are awesome! I really enjoyed every of your video, I've learned so much from it and you really opened my eyes and showed me how to analyze the chart. Thanks sooooo much😅 God bless!
Do you only trade off high and low of the day? What about premarket high and low? Do you think it's better to trade the hod/lod after market opens or trade based on the premarket hod/lod?
If you optimize your SL a bit and accept lower RR, your win rate will become much higher
Very similar to my style ! Great work I like the 1hour , daily and 15min sometimes 5min. Lately been more swing trades. I need to get that style back again . Quick trades keep the grey hair away haha. Great video!
How to ad Stop loss and take profit levels when trading options would be a good video to make next time
Nice vid. Which Timeframe did you use?
he used timeframe for get views LOL wake up
thanks for the strategy, very helpful for beginners who are still learning like me in the nfc community.
I learned this same strategy by experience, it's so damn good!
is it still doing good
does this work for small caps or you strictly large cap stocks?
Based on your numbers in this video, how do you derive your multiple? What $500? Options ? Please explain yorur platform and your numbers. Thanks
which trading platform do you use for daily trades? also is this for stocks or options?
Hello and thanks for the good video. Which broker do you use for trading stock markets? All the cfd brokers seems to have too big spreads on stocks.. thanks!
Your strategies work super well for me your videos have helped me a lot Thanks
Great to hear!
wait are you using the hi and low stock makes in first 10 min 5?? what is that criteria
Subscribedddddd... Hope the word is enough ❤️❤️❤️💯
What contracts do you trades. Expiration date and strikes.
I'm very new to trading, what types of positions are you taking? When you say you "risk 500.00 per trade" are you trading options or just buying or selling stock? How do you apply the risk to reward multiplier?
That’s why you’re not a haza. What a delivery 🙌🏽🙌🏽🙌🏽🙌🏽 🫶🏽🫶🏽🫶🏽 the best in the business thank you for another I credible
Video !
Great video. Maybe I missed it, but what timeframe are you trading on?
he executes on the 1 minute
Can I ask why you don't move your stop when in profit and close to profit target?
May I know what is a psychological number? Does it really important in trading strategy?
May I ask what broker and platform you use?
SF - nice vid + strat - simple. Question? Are you strictly a TSLA trader and TF is 1min? correct? thx for the vid.
very Good strategy
Dude explain in more details about projected profits on Tesla trades? Although the strategy was good
does it work in forex market? or its only for stock?
What time frame are u trading on??
Let's see you do it live
Very clear and really interesting, but I don't understand the ratios - you seem to be making just a few bucks profit per trade, how is it leveraged to 1-2k$ profit? What am I missing?
how to select which stock to trade with today? as movement in the market differs
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 Mrs Claudia Jenkins.
wow.. amazing to see others who trade with Mrs Claudia Jenkins, i'm currently on my 5th trade with her and my portfolio has grown tremendously.
With the consistent weekly profits I'm getting in vesting with Mrs Jenkins there's no doubt she is the most reliable in the market. such a genius.
she often interacts on Telegrams, using the user below.
JENKINS4 💯
Which pair u recommend to use this strategy ?
Hi bro. What broker are you using?
Great video. How do you calculate profit target?
he literally told you he was looking at psych numbers etc
@MxBruno , but how does it calculated? is there any measurable approach
Nice detailed graphs. You put in $500…?
Are you trading options?
Please advise.
I have backtested this strategy on the forex market, asian and london sessions. 18 wins and 2 losses so far. I'll keep backtesting.
what time frame? thanks.
Please make video on XAUUSD trading strategy
great tips
Thank you so much for another great video! I struggle a lot with managing trades. Do you ever move your stop loss to break even or do you always let the trade play out? Thanks so much again!
Also, could you please make a video on how do you personally backtest a strategy?
If I were him I would move to breakeven
When you put SL & Target then you don't need to trail your SL(Stop Loss).
Hindsight is 20/20
What time frame is your chart? Looks like a 1min chart but I want to be sure.