Best Trading Strategy For People Working Full Time Jobs — Transcript

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1. 0:00I just made $100 using this strategy and over the  last month and a half, it's up 13% in profit. Now,
2. 0:07I'm going to back test this with you and I'm going  to give you the exact strategy. Everything you
3. 0:12need to do step by step in order to duplicate  these results. I'm showing you this on German
4. 0:1840. It is the European equivalent of the US30.  Now, the first thing that you need to do is take
5. 0:23your chart out to the 30inut time frame and the  indicator that I'm using is called Happy Trail.
6. 0:27There are four case profiles with this indicator.  I am using the default profile of case 4. All of
7. 0:34the settings are set at default. I allow signal  repainting for one specific reason. As the
8. 0:39momentum is pushing down while the candle is still  forming, my phone will send me a notification that
9. 0:45a signal has printed. That gives me enough time  to hop on the charts, watch that candle close,
10. 0:51and if the candle closes and the signal is still  printed, then I enter in my position. And this
11. 0:57is a strategy with zero technical analysis.  You don't have to do anything except abide
12. 1:02by the signal. All the strategy entails is when  an upside down smiley face prints, that means a
13. 1:07short position. It prints above the candle for a  short position. You enter in your short position
14. 1:12at the close of the candle. You put your stop  loss one tick above the top of the candle in
15. 1:17a short position and you're targeting a one to  two risk-to-reward. For a long position, you are
16. 1:23waiting for a smiley face to print underneath the  candle for a buy position. When the candle closes,
17. 1:29you enter your buy position. You adjust your  stop-loss to one tick below the bottom of the
18. 1:36candle and you target a 1:2 risk-to-reward  ratio. And you do this every single time the
19. 1:43signal prints and you target a 1:2 risk-to-reward  ratio. And you just let the trade play out. You
20. 1:49don't move your stop-loss. You don't do anything.  You just wait for the signal to print the candle
21. 1:55to close. Enter in at close of candle, stop-loss  one tick above or below the candle, depending on
22. 2:02whether you're buying or selling. And you do this  over and over and over and over again. And you do
23. 2:08not get greedy. You do not try to get more money  out of these big moves. You go consistent with a
24. 2:14one:2 risk-to-reward ratio on every single trade.  No technical analysis, no fiddling with your
25. 2:23trades. You are being systematic. You are being  methodical. You are not breaking any rules. You
26. 2:28are not making any adjustments. Again, you are not  doing technical analysis because your technical
27. 2:34analysis bias hasn't been working for you. And  you will have some losing trades. But fear not,
28. 2:39my friend, the results at the end of this month  and a half will absolutely astound you. It doesn't
29. 2:45matter if you've had four back-toback losses.  you continue doing the strategy over and over and
30. 2:51over again. The name of the game in day trading is  consistency. Some trades are really going to piss
31. 2:57you off because you're going to put your stop-loss  one tick below the close of the candle for a buy
32. 3:03order and you are going to get stopped out, my  friend. And then the trade is going to go in your
33. 3:08direction. And sometimes you'll get frustrated.  But you need to bottle up those thoughts and just
34. 3:13keep trucking along. Keep trust in the process  because day trading is a game of repetition. The
35. 3:20more you trade, the more you get used to the fact  that some trades win and some trades lose. And a
36. 3:27lot of people are impatient because they want  money now. And day trading isn't about getting
37. 3:31money now. It's about getting money consistently  over time so that you can quit your job,
38. 3:37so that you can live how you want to live, so  that you can eat where you want to eat, and so
39. 3:40you don't have to spend onethird of your life  working for an employer. I've had every single
40. 3:46job under the sun. And I can tell you, working  for myself and day trading is by far the best.
41. 3:52And day trading is not about winning every single  trade. It's about having an edge and using that
42. 3:58edge against the markets consistently. Because  when you have an edge, you can participate in the
43. 4:04markets. You can earn money while working at home.  And using this strategy, you can spend all of your
44. 4:10free time playing with your dog, playing with your  kids, taking your wife out on a date, instead of
45. 4:16working a job that you hate, with whom you have  to beg for days off, and they only allow you one
46. 4:23week of vacation a year, if that. And this, my  friends, is genuinely day trading on easy mode.
47. 4:30You're getting way less trades. You're getting  way less fatigue. And since October 1st, we had 12
48. 4:36winners and 11 losers. 12 winners was up 24%. 11  losers was down 11%. 24 minus 11 is 13. That means
49. 4:49over the last month and a half, you outperform  the S&P 500, which on average gets 9 to 10% per
50. 4:57year. My friends, this is worth trying out. It's  worth testing on the asset that you trade. I just
51. 5:02tested it for you on German 40. If you want access  to this indicator, it's called Happy Trail and you
52. 5:08can get access to it at trdfloor.com. Thanks so  much for watching and we will see you in the next