No Stop Loss Strategy?
45sControversial trading approach without stop loss sparks debate among traders.
▶ Play ClipThe video analyzes a scalping strategy shared by 'Trader Nocturno' for trading the NASDAQ (CFD) on a 1-minute chart. The strategy uses specific indicators (Time Z, RSI, UT Bot Alerts) and price action rules to enter and exit trades during the first hours of the New York session. The reviewer explains the setup, execution, and risk management, noting that no stop loss is used, and exits are based on RSI overbought/oversold levels or color changes.
Remove all unnecessary indicators to avoid visual distractions.
Use a regulated broker like Pepperstone; avoid market makers.
Set from 9:30 to 12:00 New York time, when NASDAQ performs best.
Used to identify overbought/oversold levels for exits.
Configure K value to 2 and 10 for better signals.
Wait 5 minutes after session start; enter when a candle closes with body below previous candle (for sell) or above (for buy).
Add new positions on each consecutive candle closing with body in the same direction.
Close all positions when RSI reaches overbought (sell) or oversold (buy).
After 2-3 successful moves, exit to avoid losing gains in sideways market.
Only invest money you can lose; practice on demo first; no stop loss used.
The strategy relies on capturing strong directional moves (distributions) in the NASDAQ during the first hours of trading, using a combination of indicators and price action. It requires discipline to avoid trading in sideways markets and to exit based on RSI signals.
"The title promises a profitable scalping strategy in 1 minute, but the video is 10 minutes and requires multiple indicators and rules."
What is the minimum lot size for NASDAQ CFDs in this strategy?
0.1
04:04
What time does the New York session start for this strategy?
9:30 AM
02:05
How long should you wait after the session starts before entering a trade?
5 minutes
03:11
What indicator is used to exit trades?
RSI (Relative Strength Index)
04:57
What configuration change is made to the UT Bot Alerts indicator?
K value set to 2 and 10
02:45
What is the condition for adding a new position?
The next candle closes with a body below (for sell) or above (for buy) the previous candle.
03:37
What does the RSI reaching overbought indicate for a sell trade?
Time to close all sell positions and take profit.
04:57
Why should you avoid trading in the first 5 minutes of the session?
Because the NASDAQ does strong manipulations during that time.
03:11
What is the recommended account size for this strategy?
$300 to $400 and up
04:04
What type of market movements does this strategy aim to capture?
Strong distributions (bullish or bearish) rather than sideways ranges.
07:26
UT Bot Configuration
The specific K value adjustment (2 and 10) is a key customization that may improve signal accuracy.
02:45Avoid First 5 Minutes
Highlights the importance of avoiding manipulation periods, a common pitfall for new traders.
03:11Exit with RSI
Using RSI overbought/oversold as a profit-taking mechanism is a simple but effective risk management technique.
04:57Limit Trades Per Session
Advice to stop after 2-3 moves prevents giving back profits in sideways markets.
09:16No Stop Loss
Controversial but deliberate choice; relies on color change and RSI for exits instead.
10:07[00:01] quiet. He's about to give me the copy, huh? Don't play any more music for me. I know you're going to ask me for it, and I know you 're thinking about it. Back test back test at the end of the video. Stay until the end and I'll tell you how many likes and comments are needed
[00:14] everyone, traders. Let's react to the video of Trader Nocturno, our beloved Batman of trading. As you know, it lives in the shadows, under cover of darkness, operates silently, and operates from the darkest part of the
[00:29] graphs. We have here the Night Trader. The beard is now completely out of control. [laughs] Holy [ __ ], I think it's . But anyway, let's get to the point of the video, which is the
[00:42] profitable scalping strategy in 10 minutes, and exactly, it doesn't lie. The video is 10 minutes long, so I think a new video from a night trader is just 10 watching it. Let's go, traders.
[00:56] But live, as a bonus, I'm also going to give you an asset that isn't commonly traded in CFDs, but I'm loving it because of the movements it makes, which align perfectly with strategy four. [music] We begin. I don't know
[01:09] if the copy protection will kick in. Just a moment, I'll download it . Okay, I'll turn off the music and copy is going to pop up, huh? Don't Number one, clean work table, clean mind. That way I can learn without
[01:24] getting distracted. Remove any indicators that might cause you visual discomfort, so you'll have the best possible learning experience. Step number two, you're going to come to indicators and look for NAS 100, which is the NASDAQ, but in CFD
[01:39] you can also trade it in futures. I'm going to select the one that says Paperstone. So, I'll be able to trade it with my broker, which is Pepperstone. I don't recommend it. I do not recommend any particular broker. I'm just going to tell you
[01:51] that you can use whichever one you want, as long as you make sure it's a regulated broker. Use brokers that have the strictest regulations. Normally these SN brokers, Electronic Communication Networks, are the ones that
[02:05] virtually no latency. So do your research before using one. Don't use those that are usually the market makers and they are the worst, with little regulation. Step number two, come to indicators and look for Time Z. Okay, this band will appear there
[02:20] . I'll click the settings wheel here and set it from 9:30 to 12, which is the time when this asset performs best. You can set it in the color you like best. Step number three, you come to indicators, you look for
[02:32] an indicator called RSI, relative strength index, it will appear down here and step number four, you come to indicators and you look for UT space bot and there you will see the first one UTbot alerts. You click on it and it will appear like this
[02:45] . Listen up, I'm going to give you a special tip about a configuration I made to this bot to make it work better. The configuration is as follows. indicator is, turn on the settings wheel and in data input, in
[02:59] K value, change it to 2 and 10. Leave this at 10, this at two. Accept and that's it . Let's begin with the operation. When the trading session begins, it is forbidden to enter trades at 9:30 New York time because that is when
[03:11] the NASDAQ futures market starts to move and you will always see account. The Nasdaq does strong manipulations, so no, but at least in the first 5 minutes. There he could see that four minutes had passed and there I go to minute
[03:24] number five. I see that it changes color to sell and every time a candle closes it second counter. When you see that the candle has closed and the next one is opening, that's when you can enter a trade. In this case, I'll put a sale there. When am I going to post
[03:37] another entry? When the next candle closes below the previous candle. It has to close from below. If it just leaves a wick, it's no good to me. This is manipulation. I need breaks with body. Let's see what happens here. And you're going to
[03:52] with a body below the previous candle. 3 2 1. No, it does not close with a but simply leaves a wick. So, I'll wait for the next candle. Let's
[04:04] see what he does. This one does close with a body below the previous one. I can add another entry there. How much should I be putting in the tickets? The minimum lot size on the Nasdaq is 0.1. This strategy is operable with accounts of $300, $400
[04:18] and up. So I use the minimum lot size because here you can't use 0.01 like with gold, here it's 0.1 and up. When do I add another entry? indeed going in that direction, well, for those who are asking, it's on a
[04:32] someone will already be posting comments. I'm sure someone has already written it to me. Paul, are you in the middle? What is the time frame? Shut up already. Just a minute, I What I want, in this case a bassist, closes with body below the
[04:44] previous one. I'll add another entry, I'll wait. There I only have wicks and another candle makes the same movement. How long am I going to maintain my reaches overbought levels. If I'm in
[04:57] buying or overselling, in this case I'm in selling, it's almost there, it's just a little bit missing. Then I can maintain my sales. Let's see what pushes a little further, then I would close. Look, at that point I can close
[05:10] my operations now because it has officially reached its peak. So, this is by scalping with this simple and effective strategy, if you understand the basics of how it works. And the basis is very simple. We need to operate assets
[05:24] that make distributions with... Well, friends, I'm warning you. I know you're going to ask me, I know you're thinking about it. Back test, back test at the end of the video. Stay until the end and I'll tell you how many likes and how many comments to
[05:37] You know that when I do backtesting I take off my cap, you see me with the cap, it's backtesting day, so I know you want me to backtest fact, I've backtested all of their strategies, which you can find here on the
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[07:11] full support throughout the entire journey. A regulated program where you can scale our full support. Click on the link, contact us and let's get started. Now Constants, whether bullish or bearish. This is a bullish distribution, this
[07:26] is a bearish distribution. Both work for me. When I'm in danger of burning through the account, when the price enters something we call a range or sideways movement, it changes and changes color. It does not distribute forcefully in any direction
[07:39] , but is lateral. This is why I'm June 4th. A beautiful upward movement . Look at Tuesday, June 2nd. Look what this day was like. crazy. I want you to analyze it
[07:52] has a strong tendency to make strong distributions, and that's what distributions, you're on the right track. Let's go with this last example, shall we? But in the first 5 minutes of logging in, several minutes have already passed,
[08:06] changes to buy. I place my first buy order, I go to the next candle, it breaks down, so I place my next buy order. Nothing's happening here. When we have entry here on the pullback, and that's because I can afford for the price to change
[08:19] color. There's another purchase, and we're tracking the price throughout the entire process. In fact, at this point it reached overbought, so I'm taking profits and I closed there in overprice because thanks to my indicator I made a profit by closing there,
[08:33] break even or with some loss. I start placing sell orders, and every time it right? In fact, it goes the opposite way. So, I can make an entry here in the favor. I have three tickets, it didn't change the color.
[08:47] start buying again every time the price closes one candle 's closing them all with body. It's starting to threaten to change color. I'll stay put Start going in the same direction again. Get past the zone. I put another one in there
[09:03] previous one. Perfect. I'll put another one in. Close above the previous one. Close The RSI has already arrived here, has n't it? And as I observe, it has now reached the point of overbuying. So, I'm making a profit here again. I take my
[09:16] earnings and leave. If in a session you already have two or three movements that would recommend withdrawing because it is very likely that afterwards the price will enter losing everything you gained. I trade this strategy live with $2,000. I want you to
[09:28] is super bearish. There is a probability that this movement will continue. Every candle that is an excellent sign for me. Let me close this. we're going to close it right away. Look, in 15 minutes it's just a pullback to the
[09:41] continue to fall afterwards. Therefore, the purchase could be dangerous. So I'll close it there. I close it there and I'm stuck at 20122. And this 15-minute candle is closing very well beautiful. Traders. Very good, very good, very good. Perfect. I'm about to retire
[09:53] from the market. There it is. Look at the tickets there. We're going to close now. $2,512. How lovely the Nasdaq is, beautiful asset, Therefore, I invite you to join us; it's very simple, right here in the
[10:07] Finally, three important points. Number one, I like to be realistic and I think in investments you should only invest money that you are course, as with any other strategy, but if you sit down and analyze
[10:20] strategy has a positive mathematical expectation . Statistically, you can perfectly, especially by learning to identify lateral movements, Once the price breaks out of the sideways zone and you catch the distribution, you're
[10:34] strategy where we don't use a stop loss. I know that might blow a lot of people's that are profitable. When it changes color, we close down; we don't trade the ranges, I'm in profit, overbought, oversold, I take profits. So
[10:48] in demo first. Start with at least 10 demo accounts, double them, and then think. not even Pepperston, is going to give you one at 1000 on the first try. That's what's requested. You write to they understand that you understand the risks, and they release more
[11:02] matter of trying it, because I know they are more limited there. Finally, Yes, this is a personal choice. I hope you were left wanting more because I know the difficult to fit so much information into just 10 minutes. Here's the basics.
[11:17] We have more configurations to identify lateral movements, we work on all of this live. If you want to learn more about the topic, easy. Well, good video, night trader. Hey,
[11:30] night trader strategy, does it work? Not working? Don't know. If there is tell me. I imagine there will be much more. I think it's oversimplified, but oh , right? When do I close? I'm sure that when I start operating I'll
[11:44] find some more holes, some doubts, but it's enough to do backtesting. It's suitable for backtesting. So, friends, I think that for me, night owls always come, what's it called? He's a restless guy. He's a restless guy. He's
[11:56] a guy who's really into it, okay? And he's always trying to progress, and right now I see him using leverage more and doubling accounts and going full margin, okay? to exploit accounts, as he already mentioned in a
[12:11] going full margin is also part of a trading strategy . I'm going full margin. And this full margin trade until it tells you to exit the trade and cut your losses
[12:23] when you see that it's completely going against you. I'm going to summarize the strategy a little bit . That is, it operates during Nasdaq trading hours, not within the first 5 minutes, and uses a series of indicators. The RSI indicator
[12:35] is used to exit the market, and I do n't know what that [music] bot indicator is used for making entries. Look for price action with of the previous candle, which gives you the trend each time the candle closes on a
[12:48] one-minute chart, incorporate new positions until the RSI tells you to imagine that, well, when the market is telling you to, right? There's a slightly subjective element there, and you cut when you see the
[13:01] price turning around, and well, at that point you don't use a stop loss. When to community he will say it in more detail. But I can get an idea, you know , I'm not a trader either, since I haven't been doing this for very long. I've more or less
[13:14] understood the game and I think some of it could be replicated. Let's see how it works, if that indicator works well, RSI exit, the Nasdaq in CFDs, I don't know, we'll have to see. So friends, now I'm going to tell you. Do
[13:27] you want backtesting of this strategy and do you think it's easy? I'm going to ask you, come on, go on, go on, I'm going to ask you for a little, come on, go on, go on, a little, very little, very little, 1000 likes and 300 comments. So, if my videos are normally viewed by 3000 or
[13:40] 4000 people, out of all of you who view them, you have to comment 300 times. I'm asking for 10% comments, okay? And 1000 likes, 30% likes. We reached 1000 likes and 300 comments, I'm doing the backtest. Otherwise, people, I don't feel like working like this without
[13:53] my likes. So if you want to know if this strategy works, well, you know what to do: like and comment on the video. Okay, new video always creates good content, and he explains the strategy that works for him. He says that they
[14:06] are very happy with the community . You're awesome. I congratulate you as always. I liked the video, so I gave it a like, and that's it, folks . See you in the next video.
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