Requirements
- Basic understanding of trading
- Basic computer skills
Description
Hi
I don’t offer to get rich quick methods or make $1,000,000 in a single year.
It is a straightforward method, and it is a great chance of profit if used properly and is also dependent on the investments you’ll make use of.
We’ll be cautious when choosing the types of assets we trade as they move differently, and the strategy will have distinct options for certain assets, as you’ll see. A thorough test will determine that.
We’ll employ two indicators simultaneously, and I’ll demonstrate an additional indicator to help you exit more aggressively. Also, we will examine the form of candlesticks, but we won’t be doing candlestick analysis.
We will use only the daily candlesticks to enter or stop loss and profit-taking, so it is possible to think that the trades may require several days and, sometimes, even a whole week. Or even a bit more. The longer it takes to complete, the better, which will mean greater profits. In addition, we will be reusing the risk to other assets, as you’ll observe in a specific video.
The daily timeframe has a higher chance of success than any other and is extremely profitable when used properly since it is the most common timeframe institutions and bankers employ.
I don’t teach support and resistance trends, price patterns, trendlines and candlestick analyses. I’ve tried them in the past but haven’t found anything that I liked. Also, I’m aware that the best institutional traders and hedge funds and quants don’t use these methods. They focus on the movements they price and then build their strategies based on that.
What I will be teaching in this class isn’t all I’ve learned in the field of trading. I also engage in intraday trading, which means that I open and shut trades simultaneously. However, that’s a different type of strategy, and if I can have the time and feel that I am interested, I may develop a course that uses an intraday-based strategy. However, I don’t teach this in the course I am teaching.
Who should this course be intended for:
- People who wish to learn how to trade in the short-term
- This strategy is a mix of swing and short-term trading.