The Only Day Trading Strategy I Would Use If I Could Start Over...

[@thatsmohd]

Video Summary: (Thank Me Later) - The strategy involves using two different time frames: a higher time frame to identify the trend and a shorter time frame for trade entries. - The first step is to determine the direction of the trend by observing if prices are consistently making higher highs and higher lows above the 50 EMA. - Once the uptrend is confirmed, the trader looks for a specific zone to enter trades, which is the previous level of resistance that is likely to become support. - On the shorter time frame, specific chart patterns like double bottoms or head and shoulders patterns are identified for trade entries. - The entry is triggered by a breakout above the neckline of the identified chart patterns. - Risk management is crucial, and beginners or struggling traders should avoid risking a significant portion of their account on each trade. - Backtesting the strategy is recommended to gain confidence and determine its profitability over a large sample size of trades. - Developing a strong trading mindset is essential to handle losses and drawdowns effectively.

[@adammckay2647]

Thank you brother

[@Motivated_For_Success777]

You are awesome. Appreciate it.

[@ggboss0822]

Thx

[@adammckay2647]

Awesome summary . Thank you

[@surjitkumar6179]

Thank you

[@unrealafk533]

What I love is that you remind us that loss is also a probability, unlike others who are showing that win is guaranteed.

[@TradersSB]

Yep, you're absolutely right. It's crucial to know how to take losses and stay level-headed ✌

[@deanontheinterwebs]

The loss here you have shown is a great example of the late Mark Douglas's "probabalistic mindset" and that "every trade has a random outcome" -- leading to "you don't have to know what's going to happen next in order to be successful." This is a great example and strategy to follow, while for me I use pullbacks to the recent support/resistance on futures, the patterns repeat themselves in the same way. It's definitely the "only" strategy I would use if I had to choose one.

[@smokethetruth]

Do you ever think it's funny how they tell you before you know anything, that trading on patterns will lose you money but it turns out the opposite is true? It's almost like they want to keep us broke and in debt-slavery

[@sibonelelohlatshwayo7753]

This is the 1st channel youtube suggested for me when i began my journey of trading. Im glad to shout out that this is my 1st mentor. 😊

[@josesaiz2007]

I love this channel! if you're reading this just know this guy keeps things simple. I hope trading works for you!

[@lubegahamos6559]

Ten months ago, I was a newbie clueless about trading. I didn't know what a pip is, didn't know the meaning of bullish and bearish, didn't know about wicks and I was confused what those candles really meant. TTC taught me from grass and I've accumulated so much knowledge. Currently I'm still backtesting but will soon start trading once i make a year of learning. I prefer swing trading as a beginner because I managed to make profits from it. You analyse the market then take a position for two to three weeks or more depending on the market. It maximises profits. The trading channel is king 👑 The trading Geek, The secret mindset, Rayner Teo, The moving average also helped me in learning .

[@kehindedamilolaazeeze4811]

Those are my 3 mentor

[@leonardorossi9097]

I had problem comprehending trading in general. I tried watching other KZbin trading channels, but they made the concepts more complicated. I was almost giving up until when i discovered content and explain everything in detail. The videos are easy to follow

[@zineddinebenkhaled5787]

I appreciate the honesty, the first time ever a youtube make a strategy and admits it is not always going to work.

[@Coted1988]

Can I trust you to teach me the right way? I don't mind paying for a mentorship, but man to man, I'm willing to learn properly, I just really need someone who has the genuine knowledge. Tired of these KZbin guys who pretend they trade just to make you buy a course that's trash.

[@princetembo7952]

Stavo the best mentor,I encourage every beginner like my self to have one or two videos of your choice and watch them as many times as possible. Trust me you'll be learn something new every time you repeat

[@ruitheus3778]

Really respect the fact that he put a trade that didnt work out with the strategy

[@ianellis9450]

Bro you don’t understand how much Iv learn off your videos!! I will be a full time day trader

[@barreda6646]

How’s it gone since this comment?

[@Vinnylmorgan101]

Hey Steven just wanted to let you know I've been testing your strategies with paper trades on mt5 and trading view and can say I'm happy with the results. Love you work and guidance keep up the great work mate!

[@phoenixcoleman7777]

Get a funded account

[@asliceofcheese9989]

btw, do u have any idea how did he determine the area of support at 4:45?

[@aidencousens1914]

@@asliceofcheese9989it’s the swing high that was resistance and then became support after it was breached

[@tugbabekdas]

How many of the trades did you lose? And can you explain please why you weren’t satisfied? Thanks

[@drtajammul-h6t]

@@tugbabekdasi have been testing stevens strategies and today i had 10 profitable trades. All his strategies are doing great.

[@431BlackHole]

I from Ukraine. Know about forex 10+ years. Last year trade every day. Thank you!

[@charltonallen3167]

This is the first time I've seen this video. I'm consistently profitable and I use a similar strategy, only difference is that I enter on a candle stick reversal pattern like bullish/bearish engulfing. All strategies have losing trades however the most important thing for every trader who's looking for consistency is to be consistent in the approach as well. Like their risk management. A consistent trader is someone who consistently Implement their trading plan, no deviations whatsoever, complete discipline in their approach which most traders struggle with as well. The only way you can find out if a strategy truly works for you is to implementam it for the next 50 - 100 trades. The rule of thumb is to implement it for the next 100 trades and I prefer that too. It gives you a good sample size. Thanks for sharing Steven.

[@jkuntz67]

Nice to see a trader that doesn't show only winning trade Bravo.......

[@usamasaad9334]

Thank you so much for giving newbies a reality of trading bcz most of them just think that , we will never loose if we know trading.

[@josesaiz2007]

yesir. I love how simple he keeps trading too! Gives me more confidence! And yes absolutely losing will happen. Cheers man!

[@drewdaniels6718]

I have downloaded Almost every video on this channel It’s been helpful re-watching them at me leisure time. If only I could subscribe a 100 times to this channel I would, thanks for all the content.

[@tjjunior3348]

I can say trading has taught me to have a lot of patience because in this vedio you just play the market like a vedio but on real time you wait patiently for the high time frames

[@strongmoneyforex]

Still going strong bro, you got me into trading and now I have my own strategy and mentorship, God bless and thank you

[@Spitfireseven]

There may be lot of people that haven't the faintest idea what your talking about. I am soaking up what you are saying like a sponge. Your doing a great job. Some people have a natural enthusiasm for things in life and this is what you have your energy in. Thanks for making great videos. There are a boatload of enthusiastic traders out here and Humble Trader comes to mind. My head is spinning after one of her videos. Anyway, I can keep rambling on endlessly. Steve, your the best. Love your stuff.

[@antonidamerkusheva4617]

great start for every man who needs money. you can start to gaining cash just after this video🌎

[@Coted1988]

I think what's really getting me is I'm unsure what kind of trader I am. I think I'd be best suited to stay with the trend and hold trades longer but I find myself (as a beginner still) trying to buy here, and sell the pull back and then switch back to buying.... I think my first vision of forex trading haa been clouded thinking I need to only hold trades for a few hrs.. I think as a beginner, holding trades longer is key to profits.

[@thefonzies6895]

facts espcially on high growth dividend paying stocks. Im just buying and holding while I learn all this stuff. I just started end of April. Ive been taking losses with a few beginers luck winning trades. But hes right on certain trades I dont want to hold I need to use my stop losses especially if there is no dividend that month to lower the hit.

[@MrVirtuezzz]

depends on what timeframe you're trading. If you're swing trading a 60 minute chart, you should be holding for more than 2-3 bars anyway. Don't try to hold for hours while trading a 5 minute chart. you're right that scalping isn't recommended for beginners since you need to take more trades and see more setups. bare in mind swing trades will usually lose more than they win though, that's kind of a trade off

[@MrWarthogv8]

Im trying to get into trading i have 0 knowledge ,but after your explanation im getting to understand the concept

[@ZuzanaFialová19]

This video really hit home with its simplicity and focus on the essentials. The day trading strategy shared feels like something every beginner should know. If I could start over, I’d definitely follow this approach to avoid all the early mistakes.

[@AndersonJames-zt3ue]

Thank you for keeping it real with us. We're all getting hit over the head with these prices, the good thing is being in a position to pay these prices. I feel really bad for those who are not in the position to pay for their basic needs.

[@CharlesMichael-zp5bg]

Investment has been the easiest means to save and multiply money because money left for saving always ends up used without returns. work smart not hard

[@АлёнаСтрелкова-н7щ]

You showed me how to create a money from simple work... ty for it

[@The-Champions-Thought]

This strategy worked 💯 on my first trade I took with. You are a real guru in the game ❤

[@healthiswealth-m1o]

how is your trading going right now

[@adamking3653]

You're a brilliant teacher for beginners bud, thanks for posting such an accessible, ]argon free video!!

[@alexjohn-yu1oi]

You are just genius of traders iam a big fan of you

[@hamedbie]

you are amazing man . I’ve been so much better at trading since I’ve been following you

[@TrizSobral]

Gratz bro

[@NickShawnFX]

Great stuff man. Simple S/R, during trending markets.

[@TrizSobral]

Yeah the simple works bro

[@KYDUH]

Hands down the best trading teacher on KZbin

[@christopheropondo94]

Steve I really like how you are simply articulating this concept. It's indeed sinking in. Thank you and may God continue giving you the grace. How much is mentorship program?

[@ShumailaKhan2]

I loved the way steven is honest n he also shows other side as well tht can loose a trade also despite being all rules set..a very honest video

[@WiftyBangura]

Just tested this last night in demo w/XAU/USD uring London Session. +1500. Thank you!

[@mervinmclune251]

I have learned a lot from your presentations. its the only presentations that makes sense to me and that has caused me to starting to be a profitable trader

[@olowolafeolaoluwa7709]

This is one of the easiest strategy out there. Thanks for showing the strategy can also give loss in the market. For me i av realised that what matter most is the zone marked out. No matter what PA is saying a marked zone according to the trend is going to be profitable or not. You can now use PA that align with the trend to scale up the entry with proper risk management!

[@kingcr1024]

is that strategy that he just showed called : Support and Resistance or what is the Name of this strategy? Im confused

[@alekseysharov9583]

You don't need to rush in trading. Be patient

[@tatyanazimina9518]

Just the best trader ever. Watch and learn his tricks...

[@mkscott12]

This is similar to the 33 signals strategy. Works like a charm and 90% win rate this month so far. 🤑

[@monwabisidambuza6547]

Your strategy it's amazing and I'm profitable now thanks to you man

[@DriveVerse_]

Am very good in trade because of you thank you❤❤ but am still back testing❤😊

[@Fotisem]

Thank you Steve, a retest to the neckline is a safer method and you get better corrections for an entry

[@edunewton1386]

Yeah, it's safer but it increases your stop loss margin (amount of pips for the SL)

[@homi9561]

Stop trading this bullshit strategy i learn about SMC forex

[@financialmarketswithjb8289]

you can also look for curved bottom ,cupand handle and falling wedges for buys, they also have good results

[@muhammadrayyan6517]

today i made above 5000 dollars through paper trading from trading view bro ur really a good mentor may god bless you

[@MintaMcamis]

I think it will be the best trading method of this year

[@robertarnobit5357]

On time 14:59, I will not make a Sell trade because your moving average is still going up. But I'm sure other traders will make a mistake and sell. Good video 👍

[@sbonelogumede9589]

Best video I've watched so far...you're the best

[@rjcfx1728]

I love all of your content. Recently I’ve just been focusing on the 4H TF due to being busy with my normal job. I think this will work too given you are using the 4H as the anchor chart. Love this - Thank you 😊

[@LainMathew]

Affirmative.

[@LainMathew]

Here's a question: Do you have knowledge of any AI for trading?

[@agbunnoamarachi5177]

I too but I think monitoring the 15-min TF for possible entry might pose a challenge. How did it go for you? Was it convenient? I'm considering using this strategy on a 8-hour and 4-hour TF.

[@ProgressiveEconomicsSupporter]

Hey Steven, please let us now by which rules you adapt your original target, let's say above the initial 2:1 reward/risk ratio

[@MichaelShung]

I usually trade on usdjpy as it happens to be my favourite pair and really easy to identify trends

[@Dantecrypto2]

The best investment one can do right now is investing on Forex trading though stocks are good but ever since I swapped to Forex, I've seen so much difference

[@apolinariolandicho7247]

As always this is My favorite trading channel very informative and helpdul....

[@maryannekarathe1143]

Steven is the best.Thanks for this great content.

[@smitty8350]

This is the truth. Thank you sir. Everyone wants to show the wins. A loss is inevitable. Banger video

[@SolomonSingleton-h2u]

This is the best way to boost your income and find new source of money making

[@KipkuruiKoech-v8x]

hey Steve i like your Education be blessed 💰...i don't have capital to start trading,🥺

[@SSEnrich]

Wow. This will give one entry per day. Gigantic. A lot of days that are not trending so you have to trade a lot of things to get that one chance.

[@corteznichols6856]

The moral of the story is, don’t chase trades. Instead, let them come to you. And they will when you’re disciplined with your strategy.

[@DriveVerse_]

The 🐐 GOAT Greatest of all time❤❤❤❤

[@AugustineJoshua-yt7lp]

just so realistic using ur real acc to show ur losses and profit

[@AnthonysTradingChannel]

I appreciate your effort in creating this video, it was interesting.

[@Omegamindsett]

Lol what does that mean?

[@عمربنصالح-ض4ص]

Even though I'm not a professional trader yet but your video had though me a lot about trading and i can't thank you enough

[@ananinamora9406]

Awesome information thank you. Do you also have a good strategy for crypto?

[@rabiad486]

I have started making money by your videos thank u veryyyyyy much, please go on

[@botondorban2809]

Hello! Sorry for my bad english. 😅 This strategy works on cryptocurrency? Ex.: BTC, ETH...or works on stocks and forex?

[@OLIVERAYRE]

what happens if it breaks through the whole box? is that when theres break of structure and and change of course? then you need to flip the rules to the bearish version?

[@forexwithdurgesh]

Please upload gold strategies

[@aggressiveyoungminds1802]

It's been dropping for the past 2weeks

[@robertbrown4051]

That strategy works for everything….

[@keremkahraman1324]

​@@robertbrown4051is it also profitable on crypto?

[@oluwaseyifasanya]

There's no special strategy for any instrument.

[@Manson232]

@@oluwaseyifasanyaincorrect. Yes there is

[@bginvestor101]

Nice video. What is the success rate for the 2:1 using this symbol?

[@ElspethMerritt]

Your tactic just shoking... I will learn it and make some money too

[@flashpartywarz7915]

This is truly gold. Thank you man

[@Rodasil]

The truth is also that there is a difference between Asian, European and US market, the Asian and European move slowly, but the US market swings like crazy, it beat your stop loss easyly to kick you out and than the market goes to your desired take profit

[@k-blonde-don2492]

i love your content it has helped me understand the market way better. im from South Africa and trading in my country only just got popular recently and your channel has put me ahead . also as i was trying to sign up for your course i realised that your website is not that presentable and i am besides a day trader (beginner) im also a website designer and i'll love to work on it for any amount that i will reinvest into my account and furthermore my trading career . thank you i hope you see this

[@SolomonOkelo-t1p]

You are doing great👍 GOD bless you

[@jiggajames78]

This is a fantastic strategy and I'm a new trader and I'm going to use these strategies 😁

[@sergium7885]

This is always breaking below the entry zone because the last Higher Low is way below the entry

[@Rodasil]

I am sure that you let 5 traders to analize the suppor and resistans and you will find 5 diferent.suports and resitane

[@SmartFXTips]

Always very well explained, thank you!

[@ListenandEnjoy184]

i love this channel for so many resons. One is about the thunbnails. Is so simple and honest compare the other thumbnails in others channels that promise you 100000000000000000 dolars. Thanks. We need that different.

[@chotachota8811]

Thank you Bro, Most Grateful, from Capetown South Africa

[@imadgh4880]

Perfect explication ❤❤

[@carlchime3767]

Please Steve .. do you have any advice for someone whose going to be starting trading with a $10 account...?

[@gamingland9794]

Please what is the name of this trading platform, it seems more efficient than other ones?

[@hamedbie]

Heeeeeey man I'm the first watch you thanks 😁😁😁

[@Mike-OcM]

Thank you and God bless you , I have been losing money I hope it works

[@jason_wifi235]

Simple but clear,,,thanks to this idea, ill backtest and tried it in my demo acct 👍

[@marvelfactuniverse7938]

I really love these traders makes a tons of money, but every month find a new Perfect strategy.

[@marvelfactuniverse7938]

Need a new video😂

[@TrizSobral]

Lol

[@bonzykay6192]

Hi i want to ask if these powerful strategies you blessing us with also apply in high volotile markets

[@ebeneezer4750]

One of the best video clips I have ever watched

[@janvicbasia1450]

Hi. Does the trading program truly provide 2-5 trading email analysis every week and pro trader report? I'm interested in learning from your program.

[@fazearfimekaz7855]

what should i study everyday/ summer break

[@FosterNyambu-w3i]

Hey Steve, which is the best forex trading app to use on the phone..PLEASE REPLY ON THIS

[@host151]

thanks Mr for this update. I was doubtful about this .. now I'm confident with my analyses 👍👍👍❤

[@NE1SC]

I don’t mean to go against what you’re saying but if it works for you then that’s fine. I do not trade breakouts for this reason without a retest confirmation

[@kuzeytekinoglu4985]

Does this strategy work on stocks?

[@shubhamchawla8703]

The way you teach is very nice, And specifically, You teach to use Indicators, but the main core is always given to Price Action, Which is best. Thank you.

[@Black_King_Official_10]

Any strategy that you would recommend on binary options trading

[@haliShanna]

At 14.44 it did hit the stop bcs the trade ( selling) was against the trend which is bullish. I would only trady buy in bullish trend and only sell in bearish trend. Bcs that's what happen when you go against an established trend..tnx

[@psinha07]

As usual, a great video, Steven. Thanks a lot!

[@chukwundubuisi4630]

Thanks sir you are an amazing teacher