I would like to know if this strategy works with lesser timeframe like 15 minutes and if there is any need to check on the higher timeframe whether the trend matches the trend on the 15 minutes
The most significant lesson I gained from the stock market in 2023 is that uncertainty prevails, emphasizing the importance of humility. Adhering to a long-term strategy with a competitive edge is key.
Certainty eludes everyone; thus, it's vital to establish your own methodology, handle risk, and adhere to your strategy unwaveringly. This commitment should endure challenges and successes, all while maintaining a commitment to ongoing learning and improvement.
Embracing uncertainty, I realized after five years that attempting to predict market outcomes through chart analysis was futile due to the unpredictable nature. My lack of a mentor led to six years of struggle. I transitioned to following the market's direction and adopting a straightforward, disciplined approach.
Who is the professional who is advising you, if you could perhaps tell us? As a novice investing in stocks without the correct direction of a professional, I have lost a lot of money.
I'm guided by Monica Amanda McClure an experienced coach with extensive financial market knowledge. While you can consider other options, her strategy has yielded positive results for me. She offers valuable insights, including entry and exit points for the securities I concentrate on.
Absolutely amazing video, I have finally realised that as a beginner in the financial investment market, you can achieve close to nothing yourself because you still have a lot to learn. Trading with a professional broker is more profitable and my advice for beginners is to always take advantage of that.
Instead of timing the market, you should try to diversify your portfolio in order to get a dollar-cost average when it’s time to retire. Keep in mind that you don't need a ton of money to invest. Investing in small amounts can build long-term wealth too!
*I didn't become financially independent until I was in my late 40's, and I'm still in my 40's. In addition to having purchased my second home and earning money on a monthly basis through passive income, I've also achieved three out of five goals. I just hope this inspires someone to realize that it doesn't matter if you don't have any of these things yet, you can start today no matter your age. Change your future by investing! I made a rather big decision by investing in the financial market.*
-->Sure, investing is essential for maintaining your financial stability, but making any kind of legitimate investment without the correct advice of a professional can result in a significant loss as well.
Investing in many sources of income that are independent on government paychecks is the prudent thing that everyone should be thinking about right now, especially given the global economic crisis. Stocks, forex, and digital currencies are still good investments at this time.
It's really not easy trading this market. I read a lot of books, tried to study, watch some tutorial videos, did a little demo before funding my account and I still lost a lot. The financial market could be very tricky
Beginner traders sometimes make the error of trading on their own without the right guidance or knowledge, and they frequently come to regret it. You need a mentor and an expert to help you trade as a newbie.
Stochastic RSI is a valuable tool in the trader's arsenal, and mastering its application can contribute to more effective and strategic trading decisions. I would especially like to express my gratitude to Peter L Brandt for his tremendous advice and expertise in negotiating these challenges.
Brandt guidance has not only contributed to my skill development as a trader but has also instilled a sense of confidence in navigating the ever-changing market landscape.
His market analyses are both insightful and forward-thinking, making him a trusted resource for traders seeking to stay ahead in the dynamic world of finance.
I was advised to diversify my portfolio among several assets such as stocks and bonds since this can protect my portfolio for retirement. I'm seeking to invest $200K across markets but don't know where to start.
Yes true, I have been in touch with a financial advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.
My consultant is Nicole Desiree Simon She has since provide entry and exit points on the securities I focus on. You can look her up online if you care for supervision.
Hello. I have tried implement this strategy, but I have got a little bit confuse, because I do not know what time frame is best for this strategy. Need your explanation. Thank you.
Hi, excellent video 🎉 but how do you determine the percentage of profit in bullish or bearish moment? Is there an additional technique to obtain the maximum benefit?
First, you should put your stop loss level to the point of previous support (or resistance) level. You will see the difference percent of your entry and previous support or resistance point. This will be your stop loss percent. Take profit point will be the double of this percent. For example you decided to enter short position at 1$. And at the chart you found that there is a resistance at 1.05$. This will be your stop loss price and it makes -%5. Your take profit level should be +%10 (0.9$).
Thank you so much. I just back tested my strategy with this and thanks in advance. I will keep you updated on the results. But its definitely gonna be very good.
Thank you for a fab video, your doing a great job, keep it up. Now, : 1. What Trading Platform do you use that allows you to pull in new indicators? 2. How do you get to "Indicators, Metrics and Strategies", so that you can select the indicators? 3. Does the fact that you use an Indicator once mean its in the Trading Platform forever? Thank you once again Ian
I don't use indicators really i have volume some MAs. and i draw a lot of SR zones and trend lines. The market is about structure, and price action. the volume behind the move tells you the mood. Being able to read MAs like a book. priceless. It's an average. The rule of averages is that price will always be inclined to revert to the mean.
Hey! Nice explanation. I applied this on Indian index, Bank Nifty. But behaviour of indian index is weired that this this is not working. Do you have anything for Indian Index? Thank you
This is a great video I really appreciate the dedication in each video you post, I learn a lot watching your videos and it has always been helpful to me. Building a steady income is quite difficult for newbies.. Thanks to Mrs. Maria Reyes for improving my portfolio. keep up with the good videos.
Gr8 video ,, only one help,, please suggest time frame for intraday, positional trade and investment trade,, mainly for intraday is it 15 min?? Thanks love from 🇮🇳🇮🇳🇮🇳
Hi Man Great Video. Kindly clarify below. Thank you. 1) Is this works in Indian Market? 2) Is it works in 15minutes Time Frame??? 3) What about Tardes in Consolidation Market???
Also, do you have any options strategies for such a system? For example, the 2.5:1 risk reward isn't exactly the same when factoring in stirke prices, contract expirations, time decay etc. Would you take a weekly contract? 2 weeks out? how far out of the money? etc. thank you!
If you want an example, PFE, 15 min chart, RTH, 03/15/2024 @ 13:00 candle stick meets 100% entry criteria. what contracts would have been taken in that event?
Excelente sistema, estoy probándolo en real y me complementa mi sistema que ya usaba con un stocastico normal. Muchas gracias y me suscribo por supuesto, Great job and great like for you Master!! No sabes lo que me has ayudado a mejorar mi propio sistema que ya era consistente...bye bye
Can't wait to backtest this strategy in Indian Market. Will let you know the results soon. I'm looking for a strategy for algo trading with low drawdowns and high profit potentials but I'm getting a good enough strategy for options. I think this might be it. Only one way to find out.
What if we are in a bullish scenario and the stochastic form a red thing? what if the opposite? we are on a bearish senario and stochastic create a green form ?
Thanks Bro. Btw, can you identify the way how to take a look at the equation of SMI. Once I get it, let me calculate the signal line of SMI - ( a moving average of the SMI line, typically calculated over three days. )
Сan you help? What code options are there to automatically move the stop loss to the entry point when the first take profit is reached ( when I use a multitakes) ?
Depends what you’re trying to do if you’re following it for a quick day trade use daily/week if you’re looking long term use those and month but make sure you check patterns of all time frames to do your hw
I Recently bought some recommended stocks and now they are just penny stocks. There seems to be more negative portfolios in the last 3rd half of 2023 with markets tumbling, soaring inflation, and banks going out of business. My concern is how can the rapid interest-rate hike be of favor to a value investor, or is it better avoiding stocks for a while?
Just ''buy the dip'' man. In the long term it will payoff. High interest rates usually mean lower stock prices, however investors should be cautious of the bull run, its best you connect with a well-qualified adviser to meet your growth goals and avoid blunder.
Diversification is the key. My portfolio is well diversified with the help of a financial adviser. This helps me make more than +400% monthly on my investments.
I'm intrigued by this. I've searched for financial advisers online but it's kind of hard to get in touch with one. Okay if I ask you for a recommendation?
I've experimented with a few over the past years, but I've stuck with ‘’Nicole Anastasia Plumlee” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.
I would like to know if this strategy works with lesser timeframe like 15 minutes and if there is any need to check on the higher timeframe whether the trend matches the trend on the 15 minutes
He’s using the 1hr timeframe, you can see it on the top left of the screen where it shows GBPJPY that he’s trading, next to the timeframe he’s trading on.
