Trade Less Win More

[00:00] I made 250 bucks using this strategy that I  explained last Thursday and it is still cooking.   All right, so last Thursday I posted this video.  Uh since October 1st back testing this strategy,  

[00:12] it had 12 winners and 11 losers. Overall, risking  a 1 to2 risk-to-reward ratio, it was up 24% in   wins and down 11% in losers. Overall, plus 13%  in approximately a month and a half. Absolutely  

[00:28] spectacular results. But the last trade that I  ended the back test on was this one right here.   And the rules for entry were extremely simple. All  you had to do was enter in a short position when   you got a sell signal, stop loss a few ticks  above the candle, and you're shooting for a  

[00:43] 1:2 risk-to-reward ratio. That's it. This trade,  however, had a massive momentum move. And I like   to think what if just for posterity sake imagine  you held this for a few days as a swing trade as  

[00:59] it started losing momentum like price started  to flatten out a 1 to39 risk-to-reward ratio is   absolutely banger. So during yesterday's live  stream I have this 5m minute breakout strategy  

[01:13] that I've explained in my videos but let me just  give you a quick rundown. Basically, whatever the   overnight session is where there's low volume,  you just kind of you can either visually do it   or actually draw a physical box around it. And if  price breaks out to the top, you enter in a long.  

[01:28] If it breaks out to the bottom, you enter in a  short. It's very, very simple. Every Wednesday,   I do a live stream. And I did this strategy live  on stream and we immediately hit stop-loss. And   then it broke out again and then I hit stop-loss  again. But one of the viewers on the stream said,  

[01:44] "Check the 30 minute time frame and use the happy  trail indicator." So I swapped it over to the   30-inut time frame. I put on happy trail and we  got a buy signal. And from what I seen, the moves  

[01:56] are massive after this signal. So what I did was  I entered in a long position and according to my   rules, my stop loss was one tick below the bottom  of that candle. I ended up getting stopped out,  

[02:10] but then I saw a dogee style candle and a massive  momentum swing up and I was like, maybe this is   one of those where it was just wick, you know, to  grab some liquidity. So, I entered in again and it  

[02:22] had been a rough day. Like, I was not into trading  at this point. And so, the 1:2 risk-to-reward   ratio was right here. But, in order to recoup  the losses from the previous trade, I was like,   you know, let's just push it. Let's push it to a  1:4, 1:5. Let's see what happens. And so I pushed  

[02:39] it to a 1 to4 mid trade. This thing just took a  fat dump. I mean, it was like a 100 point candle   and it went straight back down into my entry.  But because of the back test and because of the  

[02:53] signal printing, I was like, maybe this is just  an opportunity to get in on a second position.   Mind you, I was already up like 220 bucks on this  trade. So I said, screw it. I got into a second   position with confidence in that signal and it  shot up. And because I had two positions now, I  

[03:09] can lower my takerit price. And I even had people  vote on my Telegram chat like, should I get out at   break even for the day or should I at least go for  1%. Mind you, my original price target was this uh  

[03:22] 23,400 right there. I ended up exiting the trade.  I don't know if you can see that arrow right in   the middle of the screen. And that was right  here. And so overall, I ended the day up 1% on a  

[03:35] 5K account and I was satisfied with it, especially  having backto-back losing trades. I wake up this   morning and this thing had hit the initial take  profit level and I was like a little bit sitting   in regret cuz I could have made an additional  $400 on that trade, which on a 5K account would  

[03:53] have been 8% profit on one trade. Additional.  Anyway, if you haven't seen the previous video,   I highly recommend checking it out. I'm pretty  sure this might be my new go-to. The signal prints  

[04:08] very rarely. Like, the last signal that printed  was last Thursday and it didn't print again till   this Wednesday. But if you're getting monster  moves like this and fat percentages with very low  

[04:22] risk, I don't see why you couldn't just nail six  trades a month and call it quits instead of like   constantly day trading and doing like 15 trades  a day. That sounds exhausting and you get like  

[04:34] mentally fatigued from it. Whereas this is like  occasionally you get a signal and you just do it   and the results are fantastic so far. Anyway, this  is a paid indicator. If you want access to it,   go to trdfloor.com. For those of you that already  have it, it should be in your indicators tab right  

[04:50] here under invite only. I know this was kind of  a pointless video. I just really wanted to share   it because I'm super pumped about it. And I  believe the person on the live stream that   told me about the happy trail signal printing was  named Hannah. So, thank you Hannah. You saved the  

[05:05] day yesterday and got me to up 1%. So, anyway,  I hope you guys enjoyed the video. sloppy edit.