This guy explains things to the point. He is arguably the best on youtube. A lot of other youtubers talk nonsense and are boring.
@owningyourfinances9 ай бұрын
Interesting... What's a market rev- whoa! What the heck happened to my trade!!??? Ooohhhhh, market reversals.
@owningyourfinances9 ай бұрын
@@NicoleCarter3 Hi Evelyn, to be short: I don't always profit. Today I lost, but yesterday I won, and overall it was profitable. The key that I think Scarface Trades does a good job of is how you manage your risk and reward ratios. Yesterday's profit was able to overcome today's losses based on the strategies that I use. So that is the first step, minimize your losses, and maximize your profits (within reason, selecting key levels or psych levels as your take-profit targets). To answer how you would make a profit in a downturn economy, you would employ puts or sells when you have confirmation of a bearish bias, and you would employ calls or buys when you have confirmation of a bullish bias. Finally, you cannot win every single day. There are no 100% strategies. You will earn, or you will learn. It's super helpful to go back on your losing days and determine whether that trade was a natural loss or a rule-break loss. If it was a natural loss, move on. There's nothing more you need to do with it. If it was a rule-break loss, then review your rules for entry/exit, and make sure you follow them strictly next time. I have a rule not to trade more than 2 times per day (if that). One time I became frustrated and revenge traded, opening a 3 position. Cost me a lot. Follow your rules. They are your safety, otherwise it's just casino trading. Hope that helps. Good luck.
@frank_f.__m128 ай бұрын
don’t trade, you gonna lost your money!! use your money to invest in a good company where you can make daily income, and also make your withdrawal,by yourself, do not let anyone to deceive you
@Osborne.j8 ай бұрын
@SophiaJames-wc9rhYou guys are scammers. Beware people.
@kirbygo12959 ай бұрын
I seriously look forward every Tuesday for your videos!
@ScarfaceTrades9 ай бұрын
Thanks, this is a big compliment!
@kirbygo12959 ай бұрын
@@ScarfaceTrades is your stop loss the sell button or do you set it as the trade plays out?
@CA_wb12427 ай бұрын
Do you have discord or some sort for live trading?
@AgentOrange909 ай бұрын
best part of Tuesdays is getting these videos!
@ScarfaceTrades9 ай бұрын
Glad you enjoy them, I put a lot of work behind them!
@CDIMM1129 ай бұрын
best teacher on KZfaq!
@awakeenlighten22989 ай бұрын
I'm calling today Tuesday's Trading Insight with Tony!
@ScarfaceTrades9 ай бұрын
Yessir!
@robertshelton44849 ай бұрын
by far the best video Ever!! Thank you!!
@andrewb65418 ай бұрын
Just discovered your channel....high-quality content!!
@user-kk6ty4tm5g8 ай бұрын
You gained a new sub bro. Your video are really awesome and it help me a lot to fix my chopping strategy😅❤
@JustStartingOut-nt8ve9 ай бұрын
Thank you for the video. I'd like to hear more about the mindset of how to be selective about your A+ setup. What to expect in terms of screening stocks to find the A+ setup, how long we should wait to find the A+ setup, and if there something we can do when we cannot find the A+ setup. At this point, I have given up day trading TSLA because lately TSLA has too many days when the 1 min candles are too jittery and also the price actions are too indecisive without a big run, in the first hour. Today, TSLA went up $10+, but the main move was later in the day when it is usually more difficult to trade. With my ability, I cannot effectively trade TSLA anymore. TSLA no longer presents my A+ setup very often. Yesterday, I looked at ROKU and COIN charts and thought why should I bother trading TSLA, anymore? Today, I did not trade TSLA and traded something else and it was so much easier.
@frank_f.__m128 ай бұрын
don’t trade, you gonna lost your money!! use your money to invest in a good company where you can make daily income, and also make your withdrawal,by yourself, do not let anyone to deceive you
@Osborne.j8 ай бұрын
I am learning to be a reversal trader and I'm very happy to run into this video today. Will watch several times and hopefully find more materials on reversal strategy on your channel. Thanks a lot Sir.
@noetar9499 ай бұрын
This video is simply priceless. I think the information from this video will help me become a much better trader in a much faster time. I have learned so much from this one video. Thanks a lot for all the valuable videos. No one on youtube describes things as simple as you do and with examples of live trade to show us. PRICELESS
@frank_f.__m128 ай бұрын
don’t trade, you gonna lost your money!! use your money to invest in a good company where you can make daily income, and also make your withdrawal,by yourself, do not let anyone to deceive you
@simonov_spas8 ай бұрын
A video will not make you a good trader. Open a chart and just watch it during market. Over and over again. Observe. This will make you a good trader.
@aksaaptr8 ай бұрын
thank you for sharing, I'm also still learning in the nfc community
@byronmcdougald65699 ай бұрын
Good stuff coach!!! Saving up to join for the next opening 💯
@ScarfaceTrades9 ай бұрын
Hope to see you soon!
@abdulmalik61656 ай бұрын
@@ScarfaceTradeswhat is the fee of your masterclass 4.0
@D.Mill_9 ай бұрын
Great info. Thank you for sharing your work. Very helpful
@frank_f.__m128 ай бұрын
don’t trade, you gonna lost your money!! use your money to invest in a good company where you can make daily income, and also make your withdrawal,by yourself, do not let anyone to deceive you, I have done that before, and I lost much money, now I’m invested in a trading company, and they also trade for me as well,
@Mindwise-vo5lo6 ай бұрын
Great and simple explanation. Now if other traders on KZfaq were this good at teaching, many would be killing it as traders! Great job Tony!
@user-kg5pv7zm1g9 ай бұрын
Great video, My Friend!!! Well done. Great explanation. Thank you so much for sharing.
@mixmax79929 ай бұрын
I did the same instructions in your video and I gained 800 $ today Thanx a lot , you are the best ❤
@ScarfaceTrades9 ай бұрын
Nice work!
@colintmcc9 ай бұрын
You put together really helpful and solid videos. Thank you for these!
@santokhsingh81338 ай бұрын
Contents in this video are so valuable n educational. LnH of DTF Chart liquidity can help lots with playbook . Time demand need to test on Demo first. Thanks
@ankeherholdt63849 ай бұрын
Trading these incredibly long trends would drain me psychologically. I don't think I will be able to do that. Smaller trends are fine. But great video. One can never know enough when it comes to trading.
@PandaHouse218 ай бұрын
I don't think I could hold for these long moves myself either. I like to trade with the trend, not try to predict the reversals. But It's nice to be able to identify where potential reversals could be so I know to avoid those areas if my strategy would say to do the opposite.
@SH4DOWMOS3S7 ай бұрын
I love the method to your madness. Its so methodical and well caculated.
@mishelrodrigo29747 ай бұрын
The chart patterns are what I always use while trading stocks with TTP.
@sudruhlaskykvet9 ай бұрын
Hi, great video once again! Question, if I may: 11:14 mark - if the green candle was red instead looked exactly like the green one with the wick and all but red, would that change scenario?
@user-bq5jr8qh6n8 ай бұрын
Great easy to follow explanation. Thank you so much.
@tsallyt7 ай бұрын
I trade stock prop accounts with TTP using supply and demand and price action.
@noelopez24518 ай бұрын
great content tony thank you
@tanidasaksit12959 ай бұрын
Thanks Tony.. I am waiting for your new videos weekly..
@shelleybanoo28345 ай бұрын
Thank you for all your help.
@user-hs5sk1fc9o9 ай бұрын
AMAZING THANK YOU FOR YOUR VIDEOS🙏🙏🙏
@ScarfaceTrades9 ай бұрын
Glad you like them!
@cogar3139 ай бұрын
Thank you so much, brother, for such a fantastic lesson.
@JayHennigan7 ай бұрын
Beautiful rev trades, thank you 🎉
@adriantitus61329 ай бұрын
Masterpiece !!!
@davidsherrill3829 ай бұрын
Ur amazing, thank you for ur great vids!!
@secretmission76077 ай бұрын
Wonderful video. Thank you! :)
@thousandlocks32588 ай бұрын
Gems 💎 as usual.
@hakimkisku14008 ай бұрын
Very helpful video. Thank you sir ❤❤❤
@achille15779 ай бұрын
Nice video! What session did you do the video in and what time did you take the previous day high/low in higher time frame?
@philipbissiwu4346Ай бұрын
Nice video, to make that much profit from such a small move, are you trading equities or shares?
@TheMrBojangles1012 ай бұрын
Thank you for the informations.
@OediTrades9 ай бұрын
Excellent video!
@soulTC8 ай бұрын
Would you be able to explain what you mean by the "swing high" and "swing low"? [9:00]
@kennedymwanza-sk8ex6 ай бұрын
He reveals what he knows about forex. Revealer of forex trading secrets🥰💖
@user-ht2tp4wf5r5 ай бұрын
Mr scarface is that strategy works on crypto? Thank you for your help
@blizzard2548 ай бұрын
@Scarface Trades would you be willing to do a short video explaining dark pools and how they work and effect the outcome of the regular stock exchage?
@Lucest00009 ай бұрын
Can you put all your slides for your videos in one video so we can download it and whenever we need to look back we can? This would be a very good resource.
@frank_f.__m128 ай бұрын
don’t trade, you gonna lost your money!! use your money to invest in a good company where you can make daily income, and also make your withdrawal,by yourself, do not let anyone to deceive you, I have done that before, and I lost much money, now I’m invested in a trading company, and they also trade for me as well,
@Osborne.j8 ай бұрын
@frank_f.__m12 I think you just described an opportunity for someone's money to get stolen. Back off.
@PhotoKenji2 ай бұрын
@@frank_f.__m12 all prop firm are scam
@danieldellinger38217 ай бұрын
Great explanation
@clayz61239 ай бұрын
What broker do you use? I'm using Webull buying and selling options at the strike price 8 or more days out and I'm not getting nowhere close to the return that you are showing.
@awakeenlighten22988 ай бұрын
I trade options on webull. I day trade so I go 1 or 2 days out. Sometimes I do 0dte.
@2More_Entertainment7 ай бұрын
Love from Nepal
@ggwwgwgw6 ай бұрын
Hi, how do you define the range? Is it daily range of Asia and London?
@MrT-sc3ip4 ай бұрын
So if it bounces off that low, rides to to the high, and breaks through, retests, could you enter on that retest for a long position?
@user-ss1cq1ns9d9 ай бұрын
Can someone please let me know what is the trading platform used in this example? Thanks
@frank_f.__m128 ай бұрын
don’t trade, you gonna lost your money!! use your money to invest in a good company where you can make daily income, and also make your withdrawal,by yourself, do not let anyone to deceive you, I have done that before, and I lost much money, now I’m invested in a trading company, and they also trade for me as well,
@PhotoKenji2 ай бұрын
@@frank_f.__m12 all prop firm are scam
@mixmax79929 ай бұрын
As usual (( fantastic & helpful video)) ✌🏻👌👌 I garantie that your Chanel one of the best
@user-ss1cq1ns9d9 ай бұрын
What is the trading platform used in this example?
@sabrinajade532238 ай бұрын
hi Scarface is this good on forex?
@brcam20138 ай бұрын
@6:32 this wasn’t a good example. You mapped previous day high and low of trading that already happened. And then replayed it on the 1 min? Of course it looks and works brilliantly that way. Would’ve been better to go back a day with the same concept and see how that current day price action played to it
@koto_tabi7 ай бұрын
I see both videos on previous day high and low and pre market high and low. Which strategy is more reliable???
@PhotoKenji2 ай бұрын
both, depends on your trading strategy and habit
@racecarryman7 ай бұрын
How much are you putting in per trade to make what you do? You trading options or the actual stock btw?
@sanjaysah14569 ай бұрын
All of those examples are with 1 mins time frame , right ?
@frank_f.__m128 ай бұрын
don’t trade, you gonna lost your money!! use your money to invest in a good company where you can make daily income, and also make your withdrawal,by yourself, do not let anyone to deceive you, I have done that before, and I lost much money, now I’m invested in a trading company, and they also trade for me as well,
@PhotoKenji2 ай бұрын
@@frank_f.__m12 all prop firm are scam
@PhotoKenji2 ай бұрын
Analyze and mark all the levels at higher timeframe, then turn into 1 min to execute the trade.
@luisfranco53968 ай бұрын
Hi Scarface Trades, do you know if this estrategy will work on indices?
@scott67239 ай бұрын
In the last example, you state using the 1 hour HTF, but I think that's actually the 30-min TF? What's more puzzling... Using the same platform (TV), I don't have that pivot level. This is crucial, because your trade is based off if. Did you actually trade this?
@Enigma_Vids8 ай бұрын
Do you have extended hours on when you’re making low/high
@user-bq5jr8qh6n8 ай бұрын
wonderful
@TheSquirreless8 ай бұрын
I have a dumb question. When he sets his stop loss/Take profit zone with that diagram. Is that something that can be done actively in while trading or is this post-processing to make the video more understandable?
@floydsimmons24778 ай бұрын
yeah you can do it on your broker when youre live trading
@winandramsaran9 ай бұрын
What is the difference between previous day High/low and pre market High/low?
@floydsimmons24778 ай бұрын
one is what happened yesterday and one is what happens premarket(overnight/early morning before market oepns)
@winandramsaran8 ай бұрын
@@floydsimmons2477 thanks for the reply. But suppose you are trading tesla which does not trade pre market... then there is no difference?
@abbasaliadamu3228 ай бұрын
Does this strategy apply in forex?
@PhotoKenji2 ай бұрын
yes, but forex price will move easily due to news or wars
@BaoTu-ec4br3 ай бұрын
Hey does anyone knows what platform is he using
@PhotoKenji2 ай бұрын
tradingview
@ApostleSaintMaurice8 ай бұрын
This is gold
@Lee-bo1wp9 ай бұрын
How about overnight hi and low? Are you using those levels?
@PhotoKenji2 ай бұрын
day trade, no overnight, very dangerous
@thatboiisuperb23988 ай бұрын
I would like to know if you have any other videos of you trading this strategy live or could you trade this strategy live because I tried back testing it but if you think about it, you would already know where price would hit for that date because even if you jump to the last candle the day before to backtest it still shows the next day candle
@thatboiisuperb23988 ай бұрын
yeah as soon as you go to the 14:00 hour candle on the 5 min TF then it already shows the next day candle on the daily TF
@PhotoKenji2 ай бұрын
Try to do it on the previous week, mark all the levels on higher timeframe first, without marking the pre-market high and low on 1min TF, then execute the trade in 1m TF, you will find the price going into those liquidity level, of coz, the most important is that, you need to understand how to read price action to react on whether do a long(buy) or short(sell) trade.
@skilo819 ай бұрын
Can this work with ES and NQ Futures?
@PhotoKenji2 ай бұрын
yes
@johndutton5729 ай бұрын
I also would like to know if its 1minute time frame