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Transcript
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What’s going on, guys? So, this might be the easiest trading uh strategy I’ve ever seen somebody use. Um before I get into it, we stream live every day uh in the morning. We have the morning stream and then we stream again from 2:00 p.m. to 4:30. Also in the description of this video is a link to our free Discord. Also a link to a uh free futures course um if you want to get that. And uh if you trade prop firms
And want to save the most amount of money, use coupon code trader. Everything is in the description of this video. Um all right, so just a quick background. Uh the person that was trading this was trading a live account. Um, I did not believe him until he showed me that he was up over $300,000 in a single year. Uh, I laughed at the strategy before that. And don’t ask why. I’ve never done it. And I might I might set an account
Aside to try it. The account I’m going to set aside to do it is probably going to be a 150 account just to get some extra draw down. Like I said, he was using a live account, so draw down was not an issue with him. But uh yeah, I might do a 150 account and I might do one mini or five micros because I’m going to need a little bit of draw down for this. Um the idea is to get massive
Moves. It’s not for scalping. Um and I’m going to go over some of the rules now if you’re still watching. Um, so what I have on here is the 8 EMA and the 34 EMA. Um, it is uh let’s see if that’s better. You kind of see it. All right. I know it’s kind of dark, but that’s the way I trade. So, all right. So, his thing is super simple. Depending on the time of the day, he switches his time frames.
Do I know the exact ones? Um during during like London and Asia, he would I believe back it up um to let it really move around. But for the most part, he traded New York and this it was so easy. It was literally he would play the cross on hiking. So these are hiking candles right here. And he was just he wouldn’t trade the first 20 minutes of the market, 15 to 20 minutes of the market. And then once it picked
A direction and the eight crossed, he would ride that in the direction until he got a close below a hike and close, not a a candle close, a hiking close above the 34. So argument sake, he would have got in um when we crossed over here, it would have got out on this candle right here. So you would have wrote it up, I don’t know, like freaking Was that 60 pointsish? 70 points. Now, just remember your draw down when dealing with
Prop firms could be significant because this per I know hikens aren’t the same, but like you know, you would have gotten up to like 820 and now you’re getting out 40 points lower. You know, that was a great trade, but 40 points lower on one mini is $800. And that’s why the draw down comes into play. Um, you know, because you would have gotten draw down there and then if you went short here, you would have gotten stopped out here. So,
You would have taken another loss, right? You would have went up. you would have got stopped out somewhere around even and then finally you would have then switched and taken it to the downside and ended up with some profits. But you see how draw down comes into play with prop firms why it wouldn’t in your you know if you trading personal account you would have said okay I made a lot of money okay I came out very small loss you know
Possibly even again and then you’d make money you know the way this earns is by the bigger bigger trend moves you’re going to get paper cut but when it actually moves you are going to grab have, you know, a decent amount of points on the way up or the way down. It definitely obviously follows the trend. Somebody’s going to be like, “Oh, you can lose a lot of money in the chop.” I know, man. Thank you very much for uh letting
Me know that. Uh but you are basically chasing, not chasing, but you’re grabbing the larger moves. Um he rotated between the one, the three, and the five minute. I don’t know the exacts, so you’re gonna have to back test. But, you know, basically what you’re looking for is something to the extent of this where you’re getting in. You know, you might have gotten stopped out, you’re getting back in, you know, you’re kind of playing and then all of a sudden it
Just takes off. And when it takes off, you are just getting, you know, the big moves. You know, this would have been a 170 point move. you would have gotten stopped out. Would have been easily over 100 points. Like I said, with playing your personal, there’s no draw down. So, you would have made a ton of money and then you would have made it on the way back up. You know, that’s what he was playing for. Not wasn’t worrying about draw
Down and things like that. Uh, but I am going to probably try this with maybe a 50, maybe a 150. If I play it with a 50, I’ll probably play three micros. and uh I’ll let it ride. I have another indicator I’m testing out from a previous video I made this weekend. So, I don’t know. I’m gonna probably if I play it with micro. If I play it on a 50, I’m going to do three micros. If I play it on
A 150, I’ll probably do five. And uh you know, we’ll just let it go and see what happens. If you want to watch me do this live, come on the live stream, ask questions, and uh let’s see if I get it to a payout.
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