Hi
I don’t teach get rich quick schemes or making $1,000,000 in one year
This is a very simple strategy, it has a high potential of profitability when used correctly and also it depends on the assets that you will use.
We are gonna be very careful how we choose the assets that we trade because assets move differently from each other so the strategy will have different settings for some of those assets as you will see. Serious testing will decide that.
We are going to use two indicators at a time and I will show you an extra indicator for more aggressive exits. We are also going to look at the shape of some candlesticks but we don’t do candlestick analysis.
We will only use the daily candlesticks for entry, stop loss and profit taking so you can imagine that the trades will take several days to complete and sometimes even one week Or a little more. The more it takes the better because this means bigger profits and we are going to recycle the risk on other assets as you will see in a specific video
The daily timeframe has higher probability than any other timeframe and can be very profitable if used correctly because is the main timeframe that bankers and institutional traders use.
I do not teach support and resistance, trendlines, price patterns or candlestick analysis. Many years ago I have been testing those and didn’t found too much there. Also I know that serious institutional traders, hedge funds and quants do not use those techniques. They concentrate on what moves price and build their strategies from there.
What I teach in this course is not everything I know about trading. I also do intraday trading, that means I open and close trades in the same day. But that’s another type of strategy and if I find the time and I see interest I will probably make another course with a intraday type of strategy. But I do not teach that in this course.