This One Strategy Can Make Your Day Trading Career - YouTube

Channel: I Am A Day Trader

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hello traders it's samurai trader here welcome to this video I'm going to
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attempt to keep this recording very short but I want to talk about probably
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one of the most important factors when it comes to learning how to swing and
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day trade successfully if you're serious about your day trading or swing trading
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career please invest the next fit 10-15 minutes in watching this video because
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what I'm going to really do is show you something gets scientifically based on
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why the day trade is fast rate program will be the last trading program you'll
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ever need to purchase traders as you're about to discover you only need one
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pattern to make a living you see the market has a memory and patterns repeat
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themselves every single day and what I'm going to do is show you some or a number
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of reports that were put together totally unpaid by one of my members
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who's very very good on programming I gave him one of our patents well he
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already had it in the day traders fast track program he went back applied the
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rules and I want to show you the results because this is really important I've
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trained over the years hundreds of traders and what I've discovered as a
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day trader myself and many of you have seen I've probably got 200 videos on
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YouTube now showing me executing hundreds of trades I've got an
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incredible strike rate but the reason I'm so good at trading is I trade rules
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based trading strategies so I want to quickly show you some of these because
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it's really important because I want to prove to you one of these strategies
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based upon statistics so first of all the risk as with trading traders there's
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always risk very important you please read this disclaimer you don't trade
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with the rent money you must trade with within proper risk management and that's
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probably very very quickly I've got to mention this and you've probably heard
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me talk about this previously look when it comes to trading 5% is many
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management 5% is a strategy and a massive 90% comes down to psychology but
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when we look at many management you should never ever risk any more than 2%
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and when you watch me trade you know that I'm trading on a point five percent
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basis so what that means is I can add to positions but more on that in other
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videos but if you haven't already done so go to fullscreen it will just make it
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a little easy to see some of the things I'm going to show you bottom right hand
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corner here if you're new to YouTube you can blow it up to full screen so first
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of all most of you are already aware that the day trade is fast-track
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programs only 197 dollars if my programs so good why charged only $197 well I
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provide you with the world's best day and swing trading strategies ideas and
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techniques what that does is give me massive credibility and many of you will
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join my soon to be launched live web-based trading room now many of you
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are going to be willing to pay me between two and three hundred dollars a
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month depends on the length of time that you subscribe to the room to watch me
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trade live and for me to call trades in real time and my moderators as I'm at
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the moment engaging two moderators to work with me just because the hours are
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upside down here in Australia and also we want to really start to trade the
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European markets as well initially we're going to be launching in the for the
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futures markets but then we'll move into Forex but by giving you the best of the
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best traine I possibly can you're going to want to join me in the live
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room because I'm going to have massive credibility so that's why it's only 197
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dollars and remembering to traders if you're a ninja try to use them or a
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trade station and even think or swim now I also give you all of my indicators and
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some that we'll put together by my members free I don't charged you for the
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indicators so let's get into this and I love this statement by the late great
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norman vincent peale people become quite remarkable when they start thinking they
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can do things when they believe in themselves they have the first secret of
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success so first of all i'm going to show you how you can start to believe in
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yourself as a trader now over 70% of a traders that I trained
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are already highly experienced well over 70% probably only about 20% are brand
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new and so in many cases I need to recondition traders because we know that
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over 92% of traders filed my job is to get you in the top of 5% because if you
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don't join the 5% Club you're not going to make it as a trader my jobs to get
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you there so first of all let's quickly look at a couple of comments by Mark
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Douglas now fortunately Mark passed away within the last year but he's got this
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excellent book and if you don't already have it it's probably one of the best if
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yeah one of the best if not the best books in the business it's called the
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disciplined trader developing winning attitudes and that market was a traitor
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then you become if you like a trading psychologist and work with a lot of big
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firms on Wall Street now this is very very small print so it's going to be
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hard for you to see it here but here's what Mark says about mastering the art
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of trading particularly day trading let me read it to to become an expert
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choose one simple trading system that identifies a pattern preferably one that
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is mechanical instead of mathematical so you'll be working with a visual
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representation of market behavior traders that is what my day trading
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strategies and swing trading strategies because remember with my strategies they
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work on all markets all timeframes yeah whether you're a swing trader or
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whether you're a day trader but there rules-based
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patterns and the great things about patterns they repeat themselves day-in
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day-out and this is where this is so important because this is exactly what
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we do so if trading hasn't been kind to you let's get you on pattern based
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trading and get your head right because remember 90%
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comes down to head stuff so trading a rules-based trading strategy that's the
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secret to your success as a trader they're very very quickly I don't want
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to make this into a great big commercial because I want to get into the trade
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statistics based upon science in a moment but this is a journey most day in
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swing traders travel I want to save you time money energy and frustration don't
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do this I've been in this business now for over 24 years I've invested its
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hundreds of thousands of dollars in trading system strategies programmers
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prop traders working for me over the years and this is what I do full-time I
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don't want you going and investing thousands of dollars in books tapes and
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seal the HS stuff up there and you know over that time I've put in countless
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hours and I've employed full-time people coding systems and strategies and they
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amount now into the hundreds of systems and strategies that I've coded now some
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of them are fully automated but the very best returns you get are the ones where
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the day trader is using the greatest computer in the world which is your mind
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because when you visually recognize these patterns you can act within
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seconds to implement a trade but what I'm saying here is there is no need for
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you to do this I've done the research if there's a better system or strategy of
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and what I teach you in the day trade it's program I would implement it and
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give it to you because there is no upsell traders except for the live room
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which is optional and when we launched the room which hopefully will be in the
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next four to six weeks there it's optional but you have to own the day
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traders program to be in the room because they're the strategies that
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we're going to be implementing now also very important is this I recommend that
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you trend trade only most of you would have seen me trade now I'm very very
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good at counter trend trading but I'm even better at trend trading so until
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you're constantly profitable as a trend trader you stay away from counter
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trend trading also you want to focus on a maximum of only two strategies because
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remember the mind can only process so much information at a time and so the
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best ones for an example are your so you run you take t1 to t2s or maybe
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your t2 on the twenty five and you're 34b etc they're the best of
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the best there and I give them all to you so you may say well how come you
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teach over twelve strategies in your program because you've got different
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tools for different jobs so as you master the art you may choose to expand
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from maybe two to four or five different strategies but traders as I state it's
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the last program you're ever going to need because I teach them all what's
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even more important I do video recaps every week and I upload them into that
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the members ear at the moments are very my Google Drive so you get a password to
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that and you'll see new updates and training videos etc and what I usually
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do when I have a lot of questions coming from it from members and it's probably
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only one in ten members now because I've got that many videos I basically got
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every question could possibly imagine if it gets asked but if I get a new one I
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record it and I do video recaps explaining what I call the good the bad
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and the ugly if I make a mistake if i stuff up a trade i will show you that
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trade and explain how i did it and what i should have done differently this is a
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best way for you to learn but anyway this is some ricardo one of our
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relatively new members i think he's only been on board a couple of months but
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this is a report that he prepared on his own to begin with and here's what he
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said so this is for the month of May and he back tested done 100% mechanical on
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the NQ and on the CL no remember whether you trade forex or futures or stocks
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it's just as applicable well ray I've just completed back testing on the t34b
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for the month of March pretty impressive but you already knew that and it comes
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down here that 100% mechanical it was an 82% when
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out of 262 trades now those of you that statistically minded know that to take a
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decent sample size we usually want to have at least 100 trades to really take
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a decent sample size so that well and truly qualifies and when you look at
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your profit factor for the experienced traders are three point six three this
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is a brilliant mechanical trading strategy so when we look at oil on a 350
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volume is which is what I recommended and as he says it works in absolute
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treat based of 504 trades and eighty-two percent win rate initial stop loss of
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nine six and a target of seven so it's not quite on a one-to-one but it's got
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an incredible win-loss ratio and net profit that time period was where was at
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twenty one thousand so absolutely killed it and on the NQ those at live trading
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the NQ versus on the 133 tick it was trading two contracts there it was
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eleven thousand net for the month now remembering what makes you so important
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traders this is a mechanical strategy and so it's rules-based now when you say
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I asked me how mechanical will it's probably 98 percent mechanical because
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red flag news announcements for example and are you at a pivot okay so there's a
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couple of rules to it with visually you need to check up on red flags make sure
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we're not trading around major news announcements and for example we don't
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take any more than three of these trades in a trench so there are rules but it's
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roles space which means if you can learn to drive a car you can learn to trade
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this strategy now here's something very interesting one of my members because I
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trade this and this is what makes it important lots of people see me trade
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live and they say it's the right fear rate you've been doing it for so long
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okay so so remembering this is what a member is done so another member said
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can you get Ricardo to do the es 1000 for me so Ricardo was kind enough to do
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this just on the last weekend so now this is a smaller sample size of
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105 trades for the month of April for a limited time period it was only for over
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a couple of weeks but as he says here from the results goodtrader can
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seemingly make a good living trading this loan simply increase the number of
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contracts now where we see by the way trade is an 82 up to 87 percent win-win
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rate you know you want to take off 5% for mistakes where you miss a trade etc
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run where it moves quickly I can't get your entries for a ways around that that
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we can handle that but look you're not going to get every trade that's a
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reality but it's so profitable this particular strategy you don't have to
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win every trade okay so there are certain things see if an example when
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you're too close to a floor pivot and all of this has explained them in in the
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program and I'm actually doing whoops let's get rid of that thing there so I'm
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doing more on this but it's say doing more on but it's totally rules based but
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a few traders have come back and asked me some questions on it and I'm going to
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do some more recording so here's quickly what we're looking at all right so with
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this test one the parameters it's on the ES 1000 volume now it's during a New
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York open only 9:30 a.m. to 3:30 it's based on 105 trades I've taken the rules
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offered of course but very importantly it's a rules based strategy so let's
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have a look at this here on this particular um target we go in for our
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six ticks we had a six ticks stop-loss and a four an sorry in a six tick target
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now many of you watch me live now or quite often go for four tick on my
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first lot of contracts and six ticks on the second I be in the market moves in
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waves and that works brilliantly for me and so what we had here was a 79% win
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rate profit factor of three point one seven which is great and so it's stacked
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up once again absolutely brilliantly but I want to show you a couple things
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Ricardo looked at a couple of things here and he looked at this and said okay
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what if I targeted only five ticks and had a stop loss of six
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well we jumped up profitability up to just under $4,000 in an
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87% win ratio which is brilliant on the next one certainly where are we here
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I'll just get this right here on this one which is really interesting where we
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have that target here of stop-loss the six target of five ticks it also had the
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lowest drawdown now actually I might have got that wrong idea I tell you what
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I have what that should be and let me just mark that up for you there was
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meant to be a stop-loss there of five ticks so where the target it was five
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ticks in a smaller stop-loss here we had the lowest drawdown so that is clearly
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on a one-to-one basis an 85% winner ratio which is outstanding
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now traders I just showed you very very guy I wanted to show you one more thing
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to let's just have a quick look at this here let me just pull this over for you
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so when we look here this is a spreadsheet that was on prepared by
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Ricardo for us and going through our every trade the gross profit factor
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profit factor on this particular one there this is on the 133 tick but when
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you go through and look at the time the wind ray shows etc how many contracts
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are traded up 11% 84% win ratio over hundreds of trades so we're not looking
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at what we call curve fitting where we're looking at a decent sample size of
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a mechanical trading methodology and this is what's so important and where I
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feel excited for you because once again I've been doing these I've been doing
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this for so long it's sometimes I lose sight what it's like for a newer trader
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so all of these traders has been back tested on just this is just one of the
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strategies and remembering I'm teaching you over 12 but you only need a couple
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of these you only need one you could trade this one alone for an example what
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you may do traders is this the sample sizes every three markets were on black
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gold oil the 350 volume it was on the 1000
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ES and on the 133 and Q you may choose to trade those three markets and just
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that one strategy and so you become outstanding at that one strategy that's
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all you do and in fact where's that thing I had
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there rum and as this slide says here traders focus on just a few things and
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do them better than anyone else you could focus just on this one trading
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strategy and become an absolute master and within weeks you you're a master at
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it you're in the top 5% and that's what this is about so if you haven't already
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subscribed to my channel please do or if you haven't invested in the day traders
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fast-track program traders - $197 you're getting it's it's probably over 40 hours
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now of online video instruction I give you full email support all of our
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recorded trading sessions you got cheat sheets for the major for I think it's
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for the top 7 trading strategies and it goes on and on I want to get you there I
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want to have you I want to really get you in the 5% Club and you're going to
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want to trade with us you're going to want to be in the trading room and to
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make it worthwhile when I've got one to two hundred traders in there so I'm
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starting off a 100 trade it makes it viable for me to run a trading room
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otherwise I'm better off traders just day trading myself and doing a
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consulting work for the firms that I do so traders become a member you can see
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statistically that the trading strategies and that's just one and
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nothing short of brilliant and then make it even better the rule space Thank You
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traders and I look forward to having you as a member please go to my website so
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you'll see the PayPal button at the top of the home page let's get you on board
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and let's get you under way and get you trained thank you