Stupid Simple Trading Strategy For Beginners — Transcript

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1. 0:00The best strategy for beginners
2. 0:01>> [music]
3. 0:02>> is a trend line break. All you do is
4. 0:03draw a trend line on the stock, make
5. 0:05sure the trend line has at least three
6. 0:06touches on it, and wait for it to break.
7. 0:08I use this strategy all the time,
8. 0:10[music] and it's one of my favorites.
9. 0:12>> Trend line breaks. Yeah, it's great for
10. 0:14beginners, and he is using the 1-hour,
11. 0:15which is good. Higher time frame works
12. 0:17better with this. But, watch this. I'm
13. 0:18just going to go over to
14. 0:19luxalgo.com/library
15. 0:21and type in trend line. When I do that,
16. 0:23our top indicators for trend line will
17. 0:25pop up. And what I can actually do is
18. 0:26scroll through the trend line
19. 0:27indicators, find one I like, like the
20. 0:29trend line with breaks, click see
21. 0:30details, and I can see the indicator.
22. 0:33But, he talked about having three
23. 0:34touches before he takes a trade. So, if
24. 0:37I wanted to add that to this indicator,
25. 0:38I can click using Quant here, and it's
26. 0:40going to pull the indicator into our AI.
27. 0:43Now, LuxAlgo Quant is better than Code X
28. 0:45or Cloud Code or any of those AIs
29. 0:46because it's specifically designed to
30. 0:48build trading indicators. So, I can add
31. 0:50anything I want to this indicator. I'm
32. 0:52going to say, "Only look for breakouts
33. 0:56after three touches of the trend line
34. 1:00occurs."
35. 1:01>> And then it adds those features
36. 1:02automatically to the indicator for you.
37. 1:04Now, on this one, I specifically added
38. 1:06it to be a zone instead of a line, so we
39. 1:09could catch better trends. Look at how
40. 1:11actually good just this basic trend line
41. 1:13indicator is. Here's the initial point,
42. 1:14and then one, two touches, breaks, heads
43. 1:17lower. Same thing here, initial high,
44. 1:19one touch, two touch, break, and rally.
45. 1:22Let's go look at another stock. Here's
46. 1:23Tesla on the 15-minute. We have the
47. 1:25starting point, and then one, two break,
48. 1:27and we move lower. And I built this
49. 1:29simple indicator just using LuxAlgo
50. 1:30Quant and the LuxAlgo library. I just
51. 1:32went through the indicators based on the
52. 1:34concept that I liked, and then added the
53. 1:36features that I wanted to see on that
54. 1:37specific indicator. [music] There's now
55. 1:38over 6,500 indicators in the library
56. 1:40that you can build on top of for almost
57. 1:42any trading concept. So, there's no need
58. 1:44to start from scratch, but you can if
59. 1:45you want to. If you want to check it
60. 1:46out, just comment the word library, and
61. 1:48I'll send you a link.