Day Trading Strategy Wars - Which one is best? — Transcript

Full transcript

1. 0:00what are the two most important things
2. 0:02that you could possibly do the most
3. 0:05crucial things that you could do in
4. 0:07order to become a profitable day trader
5. 0:09it does not sound cool and it is not
6. 0:10sexy whatsoever but you need practice
7. 0:13and you need consistency now practice
8. 0:15you can do by yourself at any time but
9. 0:18consistency is where a lot of people
10. 0:20struggle you don't trade every day
11. 0:22nobody's holding you accountable you
12. 0:24hide all of your negative trades you
13. 0:26jump from strategy to strategy to
14. 0:28strategy and whatever the new trending
15. 0:30YouTube video is so for those of you
16. 0:31that have been here for a while you know
17. 0:33what I'm about to say and for those of
18. 0:35you that are new get ready to change
19. 0:37everything in your day trading yep you
20. 0:40guessed it we are doing strategy Wars
21. 0:42season four now for those of you that
22. 0:44have no idea what strategy Wars is let
23. 0:46me fill you in on the previous three
24. 0:48seasons so when we started strategy War
25. 0:49season one it was a complete shot in the
26. 0:51dark I honestly thought that it was not
27. 0:54going to be this good and it was not
28. 0:55going to be successful I was so wrong
29. 0:57it's not even funny so we created Five
30. 0:59custom indicators on trading view they
31. 1:02are called the DeLorean StairMaster
32. 1:04happy trail Outback and brute force all
33. 1:07of these indicators have rule-based
34. 1:09strategies behind them and we also have
35. 1:11a diligent team of back testers that
36. 1:14have back tested every single one of
37. 1:16these strategies as well as forward
38. 1:17tested these strategies I'll share those
39. 1:19data results with you a little bit later
40. 1:20in this video so the whole concept
41. 1:22behind this is that everybody in the
42. 1:24community gets the opportunity to pick
43. 1:26one of their favorite strategies when
44. 1:28they sign up for strategy Wars they
45. 1:29choose that strategy that they're going
46. 1:31to stick with the entire month they get
47. 1:32put with all of the other traders that
48. 1:34chose that same strategy and they have
49. 1:36their own closed community where they
50. 1:37can talk about every single one of their
51. 1:39trades every single day the goal is to
52. 1:41trade that strategy based on the rules
53. 1:43and nothing else you cannot do any other
54. 1:46type of trading unless you get a signal
55. 1:48from that strategy the goal each day is
56. 1:50to end in profit whether it's one dollar
57. 1:53or a thousand dollars then each
58. 1:55competitor would take a screenshot of
59. 1:56their trades the analysis behind their
60. 1:58trades as well as a screenshot shot from
61. 2:00mt4 mt5 and submit that to the
62. 2:03testimonial section tagging their team
63. 2:04name in there to get points for the day
64. 2:06if you ended the day in profit you got
65. 2:08your team a point so as you can see
66. 2:09right here this is the final standings
67. 2:12of season one strategy Wars that we had
68. 2:13August last year I know I said five
69. 2:15strategies but there are six teams
70. 2:17because one of them is the three line
71. 2:18Strikers this is not a rules-based
72. 2:20strategy it just uses the three-line
73. 2:22strike indicator that I like trading so
74. 2:24they get to compete as well of all of
75. 2:26the teams competing that month DeLorean
76. 2:28took first place but the thing that I
77. 2:30want to draw your attention to the most
78. 2:31is the statistic that 95 of day Traders
79. 2:35fail they fail to be profitable they
80. 2:37fail to be consistent and they end up
81. 2:38just quitting day trading eventually and
82. 2:40or lose all of their money of the total
83. 2:42traders that we had competing in
84. 2:43strategy Wars 17 of our Traders using
85. 2:46our strategies were profitable for this
86. 2:48month that's three times the normal
87. 2:50statistic which doesn't sound like much
88. 2:53but if you put it in percentages it's
89. 2:55300 percent better and if you guys
90. 2:57follow me on Telegram and you know who
91. 2:58Christy is you can see she had 100
92. 3:00profitability that month and tied for
93. 3:03first place when I grow up I want to be
94. 3:05like her now the last place strategy was
95. 3:07Brute Force we saw that statistic and we
96. 3:09knew something was wrong so we took the
97. 3:11Brute Force strategy and gave it a
98. 3:12complete revamp to refresh it for season
99. 3:14two then when we had strategy Wars
100. 3:16season two in November it did so
101. 3:18amazingly well that they got first place
102. 3:20in the second season I however stuck
103. 3:22with the three-line strike and this
104. 3:24season I actually managed to get on the
105. 3:25leaderboard and place 14th out of all
106. 3:27the Traders now the four most important
107. 3:29things about strategy Wars and the
108. 3:31benefits that it carries over into your
109. 3:33normal day trading the first thing is
110. 3:34actually sticking to a strategy the
111. 3:36rules are you can only trade that
112. 3:39strategy for the entire month you have
113. 3:40to you can't do anything else no matter
114. 3:42what and was the main benefit for me
115. 3:44because I know so much information about
116. 3:46day trading I know so many different
117. 3:48strategies and I want and try to trade
118. 3:50everything and I usually screw things up
119. 3:53because of that when I was forced to
120. 3:54stay consistent and I could not enter a
121. 3:56trade unless I got my requirements on
122. 3:58that trade you can see I did pretty well
123. 4:01the second benefit is having that exact
124. 4:03Community within the community that you
125. 4:05only talk about your strategies you get
126. 4:07screenshots from every other Trader what
127. 4:09they're looking at what they're trading
128. 4:11what their setup looks like what the
129. 4:12confluences they're doing and you can
130. 4:14snowball and spitfire back and forth
131. 4:16ideas with these traders to really hone
132. 4:18in your Edge and all work together in
133. 4:20order to win that strategy War season
134. 4:22and again Christy tied for first place a
135. 4:25100 profitable month both the first and
136. 4:27the second season she was using
137. 4:29StairMaster then in strategy War season
138. 4:313 we decided to do some extended
139. 4:33playoffs because it was such a tight
140. 4:34race between the Outback strategy and
141. 4:36the DeLorean strategy but eventually at
142. 4:38the end of the day DeLorean came back to
143. 4:40take their second victory in strategy
144. 4:42Wars so for strategy Wars season 4 we
145. 4:44decided to look at the statistics again
146. 4:46and saw that happy trail was falling
147. 4:48behind so we've done a complete revamp
148. 4:51of that strategy which I'm going to
149. 4:52share with you right now on trading view
150. 4:54so if you've used happy trail previously
151. 4:56what I want you to do is just take it
152. 4:57off of your charts completely refresh
153. 4:59the page go to your indicators tab under
154. 5:01invite only click happy trail and allow
155. 5:03signal repainting if you want to do that
156. 5:05once you do you will see the settings
157. 5:06have completely changed we now have four
158. 5:09use cases for happy trail number four
159. 5:11right here is exactly as it was before
160. 5:13the three that we've added is case one
161. 5:15two and three case one is for seasoned
162. 5:18veterans that know price action know
163. 5:20when a break and retest happens all of
164. 5:22the price action Theory this will give
165. 5:24you your overall directional bias and
166. 5:26allow you to filter out the false
167. 5:28signals and this is 100 reliant on you
168. 5:30now case number two is my absolute
169. 5:32favorite say you're looking at NAS on
170. 5:34the five minute chart and you want
171. 5:36multi-time frame Confluence in the
172. 5:38settings you can select the higher time
173. 5:39frame instead of being at chart you can
174. 5:41change it to the 15 minute that means
175. 5:43that whatever happy trail prints on the
176. 5:45five minute chart needs to be in
177. 5:46Confluence with the higher time frame on
178. 5:48the 15 minute the higher time frame
179. 5:49Confluence will be this green arrow in
180. 5:52an uptrend and a red arrow in a
181. 5:53downtrend happy trail will print a right
182. 5:55side up smiley face for a bull movement
183. 5:57and an upside down smiley face for a
184. 5:59bear movement and because you understand
185. 6:00price action you know that we're in an
186. 6:02uptrend and all you want to do is take
187. 6:04every single happy trail signal that is
188. 6:06in Confluence with that bullish Trend
189. 6:07staying safe and looking for a smaller
190. 6:09take profit with a 1 to 1.5 risk to
191. 6:11reward ratio you can see the results
192. 6:13right here on the five minute time frame
193. 6:15with a 15 minute higher time frame
194. 6:17Confluence the higher your higher time
195. 6:19frame Confluence the less entries you
196. 6:21will get but the more directional bias
197. 6:23you will get so as you can see here
198. 6:24using happy trail on a one minute time
199. 6:26frame with a 45 minute higher time frame
200. 6:29bias it filters out a lot of the noise
201. 6:31but we don't want you to have to guess
202. 6:34what time frame what session what pair
203. 6:36to trade we've done all of the back
204. 6:38testing data for you now as you can see
205. 6:40here we've tried thousands of different
206. 6:42combinations on all the different major
207. 6:45currency pairs as well as indices and
208. 6:47cryptocurrencies and what we've given
209. 6:49you on this sheet is the top 116. from
210. 6:52GBP USD to NAS 100 whether it's on the
211. 6:55five minute chart with a 15 minute
212. 6:56higher time frame Confluence or the one
213. 6:58minute and the five minute you can sort
214. 7:00all of this information by risk to
215. 7:01reward total percentage gain on the
216. 7:03account maximum drawdown win rate and
217. 7:05standard deviation so all you have to do
218. 7:07to manipulate this data is go to file
219. 7:09make a copy and then you can play with
220. 7:11it yourself and make any adjustments and
221. 7:13sort by total gain or daily drawdown so
222. 7:15of the statistics that we have is New
223. 7:17Zealand dollar Canadian Dollar on the
224. 7:19one minute time frame with a five minute
225. 7:20Confluence total gain of 73 percent over
226. 7:23224 trades if you want to sort by win
227. 7:25rate we got JP 225 with a win rate of 65
228. 7:28percent totaling 97 trades with a gain
229. 7:30of 31 or 31r and that's backtested data
230. 7:34all the way back from January now when I
231. 7:35tell you the team went crazy on this it
232. 7:38is crazy there are over 10 000 data sets
233. 7:41between combinations of different case
234. 7:43studies as well as time frames within
235. 7:45that is over 10 million trades back
236. 7:48tested which is why it's very useful to
237. 7:50have that filter showing you the top
238. 7:52116. so the question is will happy trail
239. 7:54have the same Cinderella comeback story
240. 7:57that Brute Force did after its revamp
241. 7:59and if you guys are inside the ttf
242. 8:01community you have access to the price
243. 8:02action course the smart money Concepts
244. 8:04course and the new ICT course I'll be
245. 8:06talking about the smart money Concepts
246. 8:08course in tomorrow's video but when I
247. 8:10was doing on chart examples and I put on
248. 8:12happy trail right here looking at these
249. 8:14areas of demand because you have your
250. 8:16overall directional bias with your
251. 8:18higher time frame and your lower time
252. 8:19frame every time one of these demand
253. 8:21levels were created you could have taken
254. 8:22these signals stop loss below the swing
255. 8:24with a 1 to 1.5 and you had four
256. 8:27back-to-back wins right here within four
257. 8:28days on a 15 minute time frame which is
258. 8:30super slow in my own personal opinion so
259. 8:33if you want to take your day trading to
260. 8:34another level and you want to learn how
261. 8:36to be consistent and you want people
262. 8:37pushing you and you want that Community
263. 8:39behind it that Community comes with the
264. 8:41accountability of showing up every
265. 8:42single day and doing what's best for
266. 8:44your team to get the most amount of
267. 8:45points to win that strategy War season
268. 8:47come sign up for strategy War season 4
269. 8:49which is launching on July 5th sign up
270. 8:52start today you must sign up within the
271. 8:55Discord Community to be able to compete
272. 8:57in strategy War season 4. even if you're
273. 8:59not compete in this season of strategy
274. 9:01Wars I highly suggest picking your
275. 9:03favorite team just so that you can have
276. 9:05access to the chat so you can see what's
277. 9:07going on in that strategy that you like
278. 9:09most you will get a lot of insight and
279. 9:11it's almost like cheat codes so what
280. 9:13strategy am I gonna pick for strategy
281. 9:15War season four the answer for me is
282. 9:17simple I'm going with