How I Profit From Trades Even When I'm Wrong

[00:01] caring about daily bias and I stopped caring about trying to trade the trend, which a lot of traders will tell you. And it also made me understand that I can position myself to make money even when I'm wrong. But then when I'm right,

[00:13] I do end up making a lot more money in the process of it. So in this video, I want to show you a tip that I use with execution and how I view the market in general to overall just milk as much profit as possible while protecting

[00:25] myself on the downside. So the first thing I want to do is identify a range and identify where the high and lows of that range is. So in this case, I would mark this as highs. I would also mark this as a high and I would mark this as

[00:38] we're basically in in the marketplace. Now, going back to the analogy that band, whenever I'm seeing a market move like this and we are kind of pulling in times we're targeting an area of liquidity. So right now, I would look at

[00:52] this and say we're targeting this low to the left of us. Now, I would want to see reverse back to the upside, right? See the pattern of low get taken, break, and then look to go back higher and have the best risk that I can possibly have. So,

[01:06] best risk that I can possibly have. So, I go down to the one minute and once the one minute is here, I look for simply a break to the upside.

[01:19] upside. We end up closing above that recent swing move that we had here. And long. I'm keeping it extremely simple. Now, normally what I want to do when I'm taking early profits and how I position myself to be right even when I'm wrong

[01:34] myself to be right even when I'm wrong is I will normally take profits at 1 to two to 1 to 3 RR depending on what the market is showing me. So in this case, my first internal high. That would be sort of my lowhanging fruit. And this is

[01:47] what it would be. So, I would be targeting this first internal high to I don't know if we want to then take that and then fall back down or we want to end up going higher to this next proceeding high. So, I take this trade

[02:00] and I will take the majority of my position off at that first high. majority of my position off and then move my stop to break even. And then either continue higher or end up breaking lower depending on what we want

[02:14] either, you know, continue to scale another contract and then move myself to looking for other opportunity because we're going to continue to be inside this range. So, this is one specific example. Now, I want to clear this and

[02:27] here. So, now let's say I didn't even take that trade to begin with and there opportunity. So, again, I'm looking for the same thing. If we want to end up liquidity, I need to see a reason to take a trade. So the first thing I'm

[02:42] looking for is again some sort of liquidity getting taken, but I'm also looking for the price signature that looks like this, right? High gets taken, break lower, and end up trying to take the trend. Now, I think too many people

[02:55] daily bias. The main thing that you're going to understand is this price more confidence. So the first thing I see right now is the same price signature. Now, we did not take the high to the left of us, but we did end up

[03:08] putting in this price signature where the high got taken. We ended up breaking internal high that gets taken here. So, now let's say for the for the sake of this video, I take this trade, right? The exact same position and I put my

[03:22] stop up here. And now, where do I target? Well, I'm most likely wanting to target at least a one to two before I put my stop to break even. But I also to go back lower. So, I want to have my runners be able to take advantage of

[03:35] whatever the market shows me. So, let's see how this ends up playing out. The market initially respects this. And again, I'm targeting initially 1 to2 RR. So, here is most of the time when I would first take partials

[03:49] do from here? I move my stop to break even. So, now I don't care what the outcome is. My risk is off and I'm still have runners in a position. So, now I'm not trying to overconceptualize where I think the market is going. I'm simply

[04:02] trading what I know to be price signature. What is the price signature? I'm looking for the market to expand and then expecting some sort of pullback like the rubber band. So look at here. The market expands. We have a big

[04:15] will tell you try to take a long, right? Try to take this continuation. Follow when we're in a bigger time frame consolidation like this. So the only high gets taken, right? This high to left bus gets taken. But I'm looking for

[04:31] this price signature. I'm looking for the price signature of a high got taken, break lower, and I'm looking to see a continuation. From here, I don't know if then, let's say, hold this fair value gap and then go back higher. So, I take

[04:44] my partials at a 1 to2, 1:3, and I let the rest of my contracts go. So, we'll out. Right? So, at this point of time, I end up getting stopped at break even. Right? Right afterwards, we end up having the same price signature, but I'm

[04:58] to see, I want to see the rest. So that trade's done, right? I get stopped at at break even. Sometimes I'm rewarded for it. But this is all depending. This is all the focus of this is making money when even you think that you're wrong.

[05:12] yourself. So that trade I made money. The first trade I made money. Now I'm waiting for that one time where I can position myself and the market keeps running. Right? So now again I want to look for the same thing. High gets

[05:25] taken. Boom. Internal high here gets taken. Do we have the same price we're generating liquidity. What am I looking for? I'm looking for a break towards the downside ends up coming in right here. And I want to look to see a

[05:40] pullback to an inefficiency. So, at this point, I would be wanting to see if I we broke through it. I would want to see a pullback to this fair value gap. We I would look to take my entry. When we end up pulling back to this fair value

[05:55] I'm looking for the exact same thing here. Just a one to two or whatever the low hanging fruit would be this next previous low. And I would let the market do its thing. Right? So, this is my first price target.

[06:13] whatever it wants to do if we want to continue lower. But now, my stop is at break even. Now, I'm risk off. I'm partial 80% of my position, 50% of my now I'm partial. Then I let the market do its thing. So boom, I get stopped

[06:27] out. And now the market goes back to the highs. So now there's another possible taken. Again, I'm not overly focused on where's the trend. Where's the bias? I'm showing me. Highs get taken. What did we also notice? Boom. We have a spring,

[06:42] Whenever we have a spring like this and the market starts to expand, I'm looking trade the rebalance of it and letting the market show me what we want to do from there. So what am I looking for? Well, I can start to identify a shift in

[06:55] order flow and a shift to the downside. What am I looking for? Market to run through lower and get below this low, right? Because right now, what is the market showing me? Move higher, put in a high, put in a new high, and now I'm

[07:07] looking to see a break of that high to go back lower. So, I'm waiting. I'm waiting. I'm waiting. I'm waiting. We close below. I end up entering short. I close below. I end up entering short. I put my stop. I'm targeting one two to

[07:20] start off. and I put my stop at break even. Right? So, this is what I'm looking for. Market goes lower. At this point in Market goes lower. At this point in time, I move my stop to break even

[07:33] rebalance. I'm just simply seeing the market go lower. Right? The as much as I trade, my main focus is how can I protect myself and not be so focused on people like this will be like, "Oh my god, I'm so close to my price target.

[07:47] then they'll end up getting screwed in the process. So, I'm protecting myself. My first point is like when can I move my stop to break even to take risk off the table so I can just let the market run, right? So, right now, we'll see

[07:59] letting the market do its thing. We're hesitating. We're hesitating and boom, stopped at break even. Now, what ended up happening here as well? A buy model ended up playing out. What happened? Low got taken. We end up breaking to the

[08:13] possible long, right? Okay. So, it all depends on I could be in a trade and be biased of what I'm expecting to see without trading what the price action is telling me. So, this is telling me that I'm obviously more bullish as we failed

[08:26] to displace lower got taken. We break towards the upside. Now, what would I be looking for? Probably a move back towards the new highs that we had would be watching price here. Still would be watching price. Again, we're

[08:39] I can take some sort of short here. What am I looking for? the same signature in price. Boom. I zoom back out. What happens here? Fivem minute change in the state of delivery, right? The same model or the same shift uh or price signature.

[08:55] Boom, boom, boom. First little high gets put in here, goes higher, breaks lower. This is where I'd be looking to take a short.

[09:07] And again, I'm looking for a one and two first to take partials, which would be almost here. I take partials there. I move my stop to break even and I let the market do its

[09:19] thing. Right? So again, the exact same thing. I let my I I'm I'm take partials. just simply let the market do its thing and and I'm going to be rewarded for it be right. Right. Either either I get stopped at break even or the market

[09:33] Right? So I'm just watching. I'm not doing anything. I'm not doing anything. My next price target would be this low again. My next PT gets hit. Boom. And I caring about what the market does. And we see if we continue to go lower.

[09:49] low. And now I'm just rewarded for it. Right? I'm not even caring. I'm not even caring. I'm not even focused on, oh my gosh, is this aligned? Is this aligned? I'm simplifying the process so much. Stop caring about trading with the

[10:01] trend. Focus on this. Focus on protecting yourself, moving your stop to break even when you can. because if you do this over a longer period of time, will protect yourself from losing as well. So, in this point, I had no idea

[10:15] these lows or not. I don't know. But what I do is I take my low hanging fruit, a one to two risk-to-reward. I take 50% of my position off. I move my do its thing. And on trades like this, you're rewarded for it. And a win like

[10:29] this will wipe out four or five losses that you have, right? But you can see many losses. I'm either getting stopped to break even or I'm I'm taking partials initially, getting stopped to break even for a small win, small win, big win,

[10:42] small loss. That's all what your trading should be. Small wins, big wins, and that example where I'm just focused on the price signature. I'm literally just example here. Again, I want to mark out my bigger time frame range, but also

[10:56] where we are right now. This low ended up getting taken. There's another high for is I'm simply just looking for a break in structure. break in structure low gets taken looking for the again the same process where we have a rubber

[11:10] and go towards whatever the opposing liquidity pool is. So I would take my long on this break stop below target one to two and then let the rest of my contracts go. Boom. Ended up getting stopped or ended

[11:23] dumps back lower. So I want to zoom in a lower time frame or actually we'll we'll we're only on the one minute. Now keep in mind this is also a possible short model. So this model plays out boom immediately to that high and then ends

[11:37] up coming back down. Now what you'll also notice is this turns out to be gets taken and we end up breaking lower here. So this could also be a possible move to the downside. Now I would still be watching price action because when

[11:51] different ways that I can see this play out. Number one is we take internal high, we continue to sell off towards possibly these lows to the left of us or take that high, and then sell off. So again, I'm just going to be waiting for

[12:05] something a sign to show me. This fair value gap gets ran. So this is my possible long opportunity. This being my break of structure to the upside, I could take something like this target a one to two.

[12:25] And then now I would most likely take my position off because when buy side gets play the reversal back to the downside anyway. So again, let's say I didn't even take that trade. Now let's say this is a completely new opportunity. High

[12:38] gets taken and what am I also looking to recognize? Big expansions, right? This is where the the rubber band gets pulled to the upside and I'm looking for the am I looking for it to reverse back lower? A break towards the downside,

[12:52] right? So, I'm waiting. Boom. Break towards the downside. Take my trade. Stop here. And I'm looking to see the market reverse back lower. Now, again, what's my low hanging fruit here? 1 to2 to 1 to 3 RR. So, I'm looking for one to

[13:05] two. And I let the market do its thing. Market does its thing. Does its thing. Boom. First PT gets hit. Move my stop to break even. And I let the rest of my contracts go. So now, boom. That literally it goes from my the rest of my

[13:17] contracts go from my one to two to an extra What is that? Where does it show my riskreward here? I think it doesn't show me because I move my stop. But now I'm looking to

[13:32] letting runners go or looking for another area to take profits, I zoom out bigger time frame range. So from here, all of this is kind of one big imbalance. There's no like big draw in liquidity. So I'll probably target

[13:46] of already hit. So, a lot of times I'll just kind of slowly scale out my profits um from this move. So, my stop at break even I'll probably scale here again. The more that we continue to go lower, I'll

[13:59] again, a trade like this wipes out literally every loss that I've had the last week. Right? So, it's all about being consistent, just recognizing the model, focusing not so much on like

[14:12] you're complicating yourself on, oh, should I be taking this? Should what's my daily bias? It needs to be aligned. The main thing that you need to focus on simplifying the process. I guarantee you if you just focus on liquidity and

[14:26] understanding when price has big moves like this, you're looking to trade the rebalance. Now, on the rebalance, you take partials when you are on the market's going to immediately dump or not, but at least you're taking profits

[14:39] here. So, there's two outcomes. you get moved back to break even and get stopped at break even or the market continues to go in your favor and your runners end up that you have. Right? So, but as as much as you can try to move your stop to

[14:51] yourself so you can move your stop to break even because there are some times maybe I enter down here where it's no longer at an advantage because my stop to be skewed, but I'm more likely to get stopped at break even. So, I want to I

[15:07] want to trade this move, right? I want to trade when we have a high get taken to take it on that break. And in in the bullish case, I want to see a low and to target my one to two and I want to let the rest of my contracts do its

[15:22] thing. And I just let the market do its thing. So hopefully this video helped you when it comes to understanding and and maybe something clicked in this to show you the thought process of even when I'm wrong, I can make money, right?

[15:36] I have no idea if the market is going to immediately dump or it's not and and how much we're going to dump. But what I do know is I do know that the market will at least rebalance. And if I can position myself correctly to catch the

[15:48] rebalance, not only am I making money on the trade, but then I'm risk off on the a good fill and I can move my stop to break even. And then if the market dump, I don't lose anything else. Now, you might be thinking, "Oh, well, I

[16:02] have lost that." Bad mentality. terrible mentality. Your profit when you're in a trade is not yours. Don't view it as such. You need to view it as you are the one managing the position. Money is not on the table. You need to manage it

[16:15] correctly so that when the market does whatever it's going to do, you can make without needing to be right from it. Right? Simply recognizing that this happens in price action almost every single day. And when you focus on taking

[16:28] the trade and setting good risk, moving your stop and not caring about when to take profits, let the market run in your favor. There's times when it'll work. work. But when you do this every day, you will have small losses, you will

[16:41] have small wins, and you will have big wins that will wipe out everything. This is how you stay consistent. Simplify the process. Stop caring so much about following the trend or what's your daily bias. Just literally focus on

[16:53] recognizing this in price action. Notice the times in which price has big expansions. Think about the rubber band analogy of you trying to take the look for. This is basically what we're doing is we're looking for either buy

[17:07] we're trading into some sort of bigger time frame for value gap. We have a big expansion. We break lower and I take my trade. Right? So I take my trade here. I have my stop and I'm targeting a one to two. Now, when my one to two gets hit, I

[17:21] move my stop to break even and I let the rest of my position do its thing. And I rest of my position do its thing. And I either get paid for it like such or I trade's done, right? I guarantee you if you focus on this, you will be so much

[17:35] hopefully you guys enjoyed this video. If you did, like, subscribe, do all that videos you guys want to see from me um and explanations and stuff like that. But I will see you guys in the next video and peace