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What’s going on, guys? So, a couple of you guys have seen one of my old videos. Um, I’m going to explain it again. This might be the easiest trading strategy or simplest trading strategy I’ve ever seen somebody use with futures. Um, before I get into it, uh, I stream live every single day. Be sure to subscribe below. Smash the old like button. Feels so good when you do. Um, if you want to support the stream, use code Cove Trader. Also, in
The uh description of this video below, there’s a link to our free Discord. Uh, also a link to a bunch of exclusive prop firm discounts. But all right, let’s just jump right into this. I’ll give you a little backstory. The, uh, the guy that was doing this was trading his own money. uh he at when I lost touch with him, it was like June or July and he was already up like $350,000. Um it was a guy I’ve known for maybe
About two or three years. Not he he lived in New Jersey. He uh he was heavy into gambling also. um really cool guy and uh I don’t know, he just disappeared one day. He disappeared online. He disappeared everywhere. Like I I I haven’t been able to get a hold of him since 200 22 2023. Um he was into options and then he got heavy into futures. Showed me this. I’m going to show you the foundation. I don’t know the entire strategy.
I’m not going to sit here like I do cuz what he would do is he would switch between the one the one minute the 3 minute and the five minute depending on the time of day. So, what I would assume he was doing was during uh you know, maybe overnight time when there’s less movement, he would go to the higher time frames and then during the day he would switch to probably the one um the one time frame. And yeah, I
Mean, he did look at the trends and what he thought the macro was. He definitely did zoom out every once in a while. um and just kind of see what was going on. So, it wasn’t just strictly, but for the most part, the core strategy was literally an EMA crossover. He had the eight and the 34, which is on the chart, and he literally would play the crossovers depending on the time of day, um and stuff like that. Uh and that
Was it. It was the simplest strategy. He just he used hikens also and that was it. It was super simple. Hikens ADM MMA. People ask me in the chat all the time about this. Um so that’s why I figured I’d just give you the backstory and that was kind of it. And when you zoom out and look, yeah, you can get chopped up. Um so he would also do this when you closed So when the hiken would close um I think
He would do something like so that’s why I’m giving you the foundation the found the core foundation is the 834 crossover he would also play around with like sometimes he wouldn’t even wait until it actually crossed it would be where the hike closed above the 34 he was out so like this would an exit and then he would re-enter. Um, you know, same thing with like something like this. He would probably be out right here, let this all kind of he
May or may not jump in until maybe a new high was made and then just kind of watch it to see where it’s going to go. And then once you kind of dive back down, he would get back in. And then obviously his big money was made on the trends. So obviously you get back in and you know you get something you know maybe he gets out like here. I mean you he would have gotten 177 points on that move in
A in a real account. I mean you didn’t really have to do much more after that. I mean if he was playing one mini he was up almost almost four grand. Um but yeah, so he stacked about 350K in the first couple months. Um if you guys knew this guy online, his first name, his Twitter handle at the time was the beginning of it was tech. Um but yeah, I mean that was pretty much what it was. It was super simple.
I was like, “Dude, that’s it. Like is this what we’re doing?” And that was it. He just said, “Hey, man. This is what I do. This works for me and I’m not changing it.” And yeah, he would get chopped up sometimes. I mean, you know, like obviously this was a great day. He would have made money on the way down and and a lot on the way back up. Uh would have made a ton overnight. You know, when moves like this
Happened is when he banked, you know, moves like this. Massive money. You know, if you can go, you can see it. I’m going to show you the bad side of it. Obviously, I got to Well, that’s overnight. Let me take a uh you know, when it chops, you know, you get stuff like this. Um, you know, some of the things that he would wait for is, you know, like maybe a newer low off of this. So, like he wouldn’t probably get
Back in short and then he might got have gotten back in short, then might have gotten stopped out. But like I do like once you get stopped out once or twice just kind of stops until you see it actually move off where like it finally moves off here. Maybe he didn’t get in sees it comes back and then once he gets back above then maybe takes this long and kind of you know goes and takes it that way you know but
You would have made a an f ton on the way down. So does it really matter? I mean, you know, you would have gotten in somewhere around 212. You know, you could have gotten out 80 points down then kind of back in. I mean, the strategy is pretty cool. There’s got to be more rules to me personally. But yeah, he did something like when it closes above the 34, and if you want to get tight, you could say, “Hey, when it
Fully closes above the eight, you can get out.” So, uh, as it goes down, down down down down down down down down down down down down down down down down down down down down down down down down close right here, you’re out, right? You’re out. And then you kind of see how it plays out. As long as the trend line stays below the 34, you get a close back below, you can go back down. Um, you could definitely do something like
That. That’s probably more my speed. So, I’m not sitting in like a draw down like this. Like this would be a hefty draw down. 37, you know, that’s a 50 point draw down. So, I would probably take it off when you close above the eight. But I’m giving you the core foundation to it. Um, that’s the core. You kind of make what you want if you want to use this. I think it’s part pretty good to at least look at sometimes
Because it keeps you on the right side of the trade where you’re not uh doing stuff you probably shouldn’t be doing. But a close over the eight is probably where I would get out if I were to do it. Um, and then just kind of wait for the next setup. I’m not a huge hiking guy. Uh, I did this for a little bit. I was pro I was profitable, but it wasn’t something that I liked doing and I’m better off trading
The way I do now. But some of you guys kept asking me about this, so I’m putting it out there. If you’re interested, here it is. Um, if you got any questions, let me know. And if you come up use this as a foundation, you kind of do your own rules. Let me know what rules you added. I’m curious what you guys put on it. All right. Face Ice.
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