The Easiest Scalping Strategy
Вставка
- Опубліковано 27 кві 2023
- 📙Free Scalping Strategy Class on how to start becoming a profitable trader ➡️join.evolvedtraders.com/yts
Platform Used: NinjaTrader
DISCLAIMER I am not a financial advisor and anything that I say on this UA-cam channel should not be seen as financial advice. I am only sharing my biased opinion based off of speculation and my personal experience. You should always understand that with investing there is always risk. You should always do your own research before making any investment.
#DayTrading #scalping #scalpingstrategy
📙Free Scalping Strategy Class on how to start becoming a profitable trader ➡️join.evolvedtraders.com/yts
Love all your you-tube videos!
Hey Riley, thanks for the video! Question, why did you take the topping tail and not the prior reversal - a bear 180 rejection off the same level? How did you know it was going to break down below the range once you took that trade? Wouldn't it be better to add once it breaks the low of the range instead of betting it would break down at the hammer and putting all the money on that initial trade since it was still range bound? Thanks much for your answers in advance!
Thank you for this excellent video! 👏
What platform are you using?
How many leverage did use and how much money did u use to earn 500usd?
I started watching your videos" earlier last year as a beginner before giving stocks a trial, and I've been able to scale from 120K$ to $580K, I did get an advisor for supervision and accountability just as you directted thanks
All you need as a beginner to make good interest is a
professional miner who will guide you.
And this is the time to put money into
bitcoin cause of the high rate
I propose Lexi griffiths
This lady is from United K. and her strategie works like magic
I heard about this same Lexi griffith somewhere as there are testimonies about her, I'm definitely buying with two thoughts
There are many types of buy and sell
real estate stocks gold silver, cryto Stablecoins Airbnb, ETFs
First strategy that actually clicked for me after years of trial and error. Been practicing it this past week and so far my paper account is looking pretty good. Excited to try with real money in the coming weeks.
I’m not sure if you’ve already stopped paper trading or not but one thing I will say before you jump straight in is keep paper trading or trade very small accounts for at least a couple months, learn when to trade and when not to trade in all market conditions and get your psychology in check before funding a larger account
@@1drewlollearn trade management and entry timing as well. Risk mgmt, trade mgmt, and entries will turn a meh strategy into a winner and vice versa, lacking those skills will take a winner through the dirt
@@1drewlolI use prop account to learn and gain experiences. If I lose, the acct gets reset next month anyways and I am not risking my money other than subscription fee until I pass.
DON'T DO IT 😂🤣😂
I have a tip for put a 0,25% commision on your paper account. I thought it was working too until i did
This is a great example of a strategy that works until it doesn't 😂
Sure you don't win every time but as long as you have good risk reward it works out in the end.
We found the guy looking for the 100% win rate strategy. You'll never be a profitable trader until stop hopping around trying to find what doesn't exist. Pick what suits you and become consistent with it, until then you won't become a profitable trader Paladreus.
@@somber8233 Here is a novel idea don't be a trader be an investor, all this dude is trying to do is sell a course. I'm not looking for 100% strategy I'm just warning people that this stuff works until it doesn't. You think if this dude had some magical winning strategy he would give it to you?
@@Paladreus_History I just told you that magical strategy doesn't exist so the question "Do you think he would just give it to you?" is a moot point. All the traders on UA-cam give out enough free content to learn. I'm not aware this guy is selling a course. I don't care for any paid courses if he or anyone else was.
Being a trader and being an investor are not interchangable. Being an investor is great and there's less risk but again, they're apples and oranges. They don't serve the same purpose. Traders and investors are on complete opposing sides of the market spectrum.
Aspiring traders are looking to make a living from trading or at least have supplemental income. They can't do that with investing.
Your original comment does not say "Be careful or be warned" to me. It just sounds like you're trying to knock trading because you could write that same comment on any trading video and it be true but that's because that's what trading is. There's no perfect strategy that can just print money. There are A LOT of "trader haters" or inexperienced traders that come to videos like these and just talk smack about someone's trading. That's how your comment comes off as.
If you wanted to warn people, I think you should be more specific. Like "There's a lot of risk in trading so it's important to manage that properly because no strategy works all the time." or "Beware some people's videos who aren't even real traders just trading demos and wanting to sell you bunk courses." or maybe just suggest people to invest instead and talk about why you chose investing over trading in the original post.
@@RileyColeman clean and to the point, don't listen to those haters.
Thank you Riley. I only wish every day could look as clean and easy as your example chart.
I love all your videos Riley! And now that I am taking your course, I see you go more in depth about this grreat strategy!
Excellent point Riley, the market can turn against a trader very quickly. Especially, when scalping
?? Scalpers have a higher win rate so it doesnt make sense to say especially. They would literally be the last traders to say that to
Learned this the hard way when I was trading with 100x leverage on bitcoin, all it took was 2 seconds and my order liquidated 😂 went from profitable to broke real quick haha
This is amazing..if u know what ur doing ..It provides a person pinpoint entries for life..Geesh
Excellent content!
Thank you for sharing…..
It’s a simple strategy for people to apply….
Especially after a ‘double top’ formation!
As you so rightly say, exit the trade once the short downtrend reversal is broken! (In simple terms: the original premiss for the trade is no longer valid).
Very good, handsome trader! Thanks for sharing! 🙏💕
This is actually how I have been seeing the market and entering positions. And then just keeping a tight SL. This is really good bro
It would be nice if the markets consistently worked in our favor like this. Not always so, though.
Love this!! Keep it up 👍🏽
Depends on HTF analysis.
Nice video 😊
Wonderful! Crisp and Clear!
Bro, thank you! I saw the Trendline adjustment in this video. KEY to what I'm trying to accomplish with trendlines. Thank you!
You did 2 Trendline adjustments, how do you determine when you adjust it? Thanks in advance. Teach an older trader new tricks. I'm an x floor trader from NY. You have TALENT!
BEEN THERE DONE THAT!! ATE GOOD THE WHOLE MONTH!! Riley Colman was hating on me that whole month too!
I’m 31 and have been trading since I was 15 (custodial account). There is truth to this but there’s so much more to this picture than what is being explained. If you attempt this as a new trader, given enough opportunities, you will not succeed. You need data, you need to backtest this stuff in market replay and one thing most discretionary retail traders on YT try to tell you is to move your stop to breakeven. I’m not going to fight anyone on this but I guarantee you will get whacked on a retest multiple times for a break even loss before the market goes in your favor.
Don’t let me or anyone else convince you, do the work. Backtest backtest backtest. There’s no replacement for time in front of the screen, seeing the charts and systematizing your entries, exits and stops.
I agree with you to some extent but not in scalping. I often move my SL to BE if the move has momentum. Then I am risk free. Depending on the MA I will trail my TP and once I see signs of exhaustion or reversal I am out. Its completely different to if I were to intraday where in the event of a downtrend or uptrend there is pullback and retests. In that context I completely agree with you. But scalping on the 1min or 5min nah bro, you're either right on your assumption or wrong and better to be wrong and save 1% for your next entry than have a losing trade.
How long did it take for u to become profitable. Because I'm 15 and started at 13 and still not profitable yet,
I have a question, iam a new trader , the graph that is shown in the video in going downwards but he still having profit, i searched alot about that but didn't find the answer can you help me understand?
@@abd3llah_x it’s called shorting.
@@abd3llah_xhe made money on it because he placed a put option. If you think the price is going to go up you place a call if you think the price is going to go down you place a put
Summary Scalping Strategy:
-Look for resistance level where market has bounced off.
-Once price comes up to resistance again AND rejects enter trade.
-Make sure momentum of uptrend is over
-Set Stop/Loss above last swing high
-Let the trade play out until the down trend is ending.
-EXIT Trade when the EASY money has been made
Enjoy studying your videos. Thank you for making them.
this honestly looks so simple! Of course with a bit of studying anyone can understand this and profit. It just takes guts to risk money and be ok with losing some.
Appreciate the information and honesty
Newbie here, what broker are you using or would recommend, thanks 🙂
Would you please help me figure out as a beginner what programs should I buy or computer supplies
Thank you, very useful for me, who is studying in the NFC community
Great edit 🔥thanks
Cool vid
Brilliant content. Very engaging and well presented.
am i supposed to say i was paid to leave a comment? omg i took your class and i made a ton of money. thanks so much for making me rich!
Awesome exit strategy
Very nice trade profit, especially since it appears to be micros that you're trading.
This actually works...wel i use it together wit an rsi wit only a 50 line (to show bullish/bearish momentum)...
This is a perfect example of keeping simple things simple... but, dont confuse simple with easy
100%
Man this editing is topnotch... What app you using
I wish a real life trading day ends up like this fairy tale. What a day it would be for all the traders.
Thank you for your liquidity.
Cool, What technique do you use? I use the technique of performing unfilled order taught ini the nfc community
What broker platform u use
Is this work with a small cap ?
HI Riley. How do you know that resistance level is not accumulation to continue the rally? Instead of dropping... Thanks.
Please post more!
Hi man
Nice video
What is you r higher tf
Great advice I subbed 💯
Hey Riley. How much lot size do you use!?
Which platform are you using to trade
Are those 6 micro contracts?
Hey mate how do I get to that page where the candle sticks are newly trying to figure this out :)
Excellent 👌What was the lot size?
I really gotta study this stuff
It changed my trading around when I started doing this.
I love your job thank you I follow you your good ❤
Why set your stop loss that high? If it gets to the top, it will either touch the top again or bust through that level, stopping you out. You’re just leaving money on the table. it’s very rare that the price will come very close to the sl in your example without at least touching it.
We are playing probability game here, no strategy will have 100% win rate. If you can make your trade even at 50-50 win/loss rate, but if the payout ratio is 2:1, you are still profitable. The reason why there are so many strategies out there is because people are trying to increase the odds of winning.
Smooth !!👌
Good trade. Inaccurate trend line. But money was made. Congrats.
You shorted?
Who's your broker?
Thanks
Do a video on trades going bad and how you handle them
Some bad trades come from not accepting your loss, you can stack the probabilities in your favour, but no trader EVER is going to be right 100% of the time, keep stops tight and admit defeat when you KNOW you need too, it's not cowardice. A lot of traders let 1 trade wipe out the gains from 5,7,10 winning trades. Good entries allow you to keep stops tight, don't buy calls at resistance, puts at support, if you play S+R and use price action to gauge market movement you can keep your stop out within 10-15% of a break of S/R level, good luck
Have a percentage loss you're willing to take if it gets there. Youre done analyze and re enter
its simple. you get out at your stop loss or before it
Yeah those aren't that exciting. Your stop loss just get's hit and you move on. With proper risk reward losses don't blow up your account. I generally shoot for 1-3 risk to reward ratio.
@@RileyColeman Exactly, a loss is a loss. No big deal. Move onto the next set-up.
Did you use buy stop for this and also did you move you buy stop to break even?.
I never move my SL. Then again, I don’t use hard stops 🤷🏻♂️
Which market you are trading
Which one time frame you suggest for this Saturday
Nice video. As anyone told you that you look like Keith woods?
How can I learn this
These are the videos I want UA-cam recommending to me.
same
What’s the win rate on this? I will agree that it will usually reject the level at least for a few candles, but many times return to the area quickly. Breaking even isn’t a bad idea.
remember break even isnt where you started its where you started plus your trading cost for the trade and stop loss and sell order so look at what your trades cost to trade and add that to the cost for break even.
What was the initial time frame you got the resistance from?
4h? Dally? 1h?
What do you normally trade and at what hours ? Thanks
Which plateform you're using?
Is this binary options? What platform are you using? I've never seen this
Hello! I am new to cryptocurrencies and I don't really understand how to get good profit from investing in cryptocurrencies. Can you point me to the right approach to get good returns on cryptocurrency investments?
That's right, it takes an experienced trader to make a good profit from cryptocurrency trading, I make $15,000 a week. God bless Mrs. Kerine Mirelazam she has one of the best winning strategies in cryptocurrency.
mrs.Kerine Mirelazam really changed my life, I invested $7,000 and she made me $29,500 in just one week. I am glad to have a broker like Mrs.Kerine Mirelazam.
How do you find a reliable, experienced dealer when it's hard to find a good dealer these days?
It's not the first time I've heard of Mrs. Kerine Mirelazam, she seems to be quite a feat in the business world. How can I contact her?
What broker are you using to scalp STOCKS? (With low spread)
Do you run this strat in any context or do you have qualifying conditions that must be present before you even consider it?
The context seemed to be 1) price is currently at a resistance level. 2) It has lost momentum (length of buying candles) 3) It has rejected resistance. 4) Engulfing candle on rejection. 5) Next candle closed below the rejection candle. 6) Third candle has broken market structure. i.e Probability of reversal.
I'd recommend if you were to enter this trade. Enter after the second candle closed so you can identify it is a rejection.
What brokerage app is he using? And is it available in Canada?
Do you use a stop limit order or stop market order ?
how can you make profit during the price decrease just curious to this method
What company do uou use when you fund your own account?
there's lots of different companies out there
Which Broker? Ninjatrader?
This is more of an intraday swing trade or a move to move trade, if it was a scalp profits should be taken at the support level, but still a decent trade👍
I was wondering how much are you trading with , exactly in that trade .
Which app are u using to trade, it isnt mt5? Btw if it is can u show us how to make charts like yours
What contract are you trading in this clip?
ES
Bloody brilliant strategy, but lots of waiting 😢
The 1-min candle is driving me loco!
What are you trading? What instrument/market is this?
Either S&P 500 or NASDAQ Futures
What margin size do you use in USD to make $500? Do you use leverage? Thanks!
You have to use leverage in Forex, as the price movement are so miniscule. Probably 100x.
How much margin and leverage? Which broker allows that?
I would guess $12,000
What trading software are you using
this is exactly what i do😊
What broker do you use??
What is this futures options or forex ?
great stufg
Does someone know a charting software that provides smoothly and clearly moving candles? I hate that most brokers/tools are so abrupt
which broker you use
Can you tell me please which broker is it
What is that tool called that automatically draws that diagonal line?
Outstanding
How do you make money when the stock in falling?! Are you shorting it or selling it?! How do you make money by yhe stock falling
Short instead of long
Great video, how much are you betting tho to get that result?
In this trade I risked $200
I have a question, iam a new trader , the graph that is shown in the video in going downwards but he still having profit, i searched alot about that but didn't find the answer can anyone help me understand?
Which broker donu use