I Make a Living Day Trading This One Simple Strategy (Full Time Trader)

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Scarface Trades

Scarface Trades

Күн бұрын

In this video, I explain my full time day trading strategy for options & stocks.
I help clear up misconceptions of how hard trading is full time and what to focus on if you want to be a full time trader.
I have NOTHING to sell you.
Please LIKE this video if it provides you Value!
Trading Books:👇
Trading in The Zone (Mark Douglas): amzn.to/3JhNXuJ
Market Wizards (Jack Schwager): amzn.to/3kQ4cpw
The Mental Game of Trading (Jared Tendler): amzn.to/3SSoHyi
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Time Codes:
0:00 - Introduction
0:20 - Profitable & Simple Trading Strategy
3:37 - Real Trade on SPY
6:43 - Real Trade on TSLA
DISCLAIMER: I am not a financial advisor and anything that I say on this KZfaq channel should not be seen as financial advice. I am only sharing my biased opinion based off of speculation and my personal experience. You should always understand that with investing there is always risk. You should always do your own research before making any investment.
#optionstrading #options #stock #stockmarket #TSLA #daytrading #tradereview #finance #fintwit #AMD #NVDA #aapl #SPX #daytradingstrategy #candlestickpattern #candlesticks #learndaytrading #tradingeducation #SPY #spx500
Day Trading, Day Trading Live, Day Trading Penny Stocks, Day Trading Stocks, Day Trading Learn To Trade, Day Trading Technical Analysis, Day Trading Stock Charts, Day Trading Pull Backs, Day Trading For Beginners, Day Trading Strategies, day trading options, day trading cryptocurrency, day trading

Пікірлер: 469
@henryholland9425
@henryholland9425 2 ай бұрын
Your videos has been great !! I am part of your viewers and i’ve been watching your videos lately. I’m interested in investing but I still can’t figure out the right investment to engage in . I’ll appreciate any help out here.
@walkerallen4151
@walkerallen4151 2 ай бұрын
Yes, it's true, there's been a lot of talk about investing lately, but I'm new and also curious how I can get started. Can anyone explain how to invest and how to get started ?
@pamelalee4427
@pamelalee4427 2 ай бұрын
In my opinion, investing is not about getting rich but about gaining financial independence. You need a financial planner to help you become a professional investor. I became successful by following the instructions of my financial planner (Shana Bielich). So far, I’ve no regrets.
@henryholland9425
@henryholland9425 2 ай бұрын
Amazing, such an amazing information you got. Can you share more details on how to get in touch with your Financial Adviser? Like I said , I’m very interested and will start if I can get help out here.
@pamelalee4427
@pamelalee4427 2 ай бұрын
INSTAGRAMS
@pamelalee4427
@pamelalee4427 2 ай бұрын
Shanabielichtrading
@tessbakker7549
@tessbakker7549 11 ай бұрын
To> be successful in markets, traders should understand the crossover between asset classes & liquidity flow. Julia David focuses on Multi-asset trading, a single strategy to manage risk, profit, and the code or the actual decision-making across multi-asset classes. Her skills set is top notch.
@daviesgriffiths5215
@daviesgriffiths5215 11 ай бұрын
I'm surprised you know her too, I've been making a lot of profit investing with her for a few month now.
@georgeheyden4524
@georgeheyden4524 11 ай бұрын
Wow, amazing to see others who trade with Julia David, I'm currently on my 5th trade with her and my portfolio has grown tremendously.
@philipclarkson5910
@philipclarkson5910 11 ай бұрын
Mrs Julia changed my life because of her high profits i got from investing with her.
@klaasjohnsons1523
@klaasjohnsons1523 11 ай бұрын
Please how can i reach her, i'm new to this
@liamjones6540
@liamjones6540 11 ай бұрын
I was skeptical at first until i decided to try. Its huge returns are awesome, can't say much
@user-er9hv4pl2u
@user-er9hv4pl2u Жыл бұрын
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look..
@DailamiPuang
@DailamiPuang Жыл бұрын
yes, transportation, e-commerce among other sectors are expected to experience growth, but who knows, the market has been a basket of surprises.
@user-er9hv4pl2u
@user-er9hv4pl2u Жыл бұрын
@@DailamiPuang Such market uncertainties are the reason I don’t base my market judgements and decisions on rumours and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of an advisor, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up 750k within 2 years,
@DailamiPuang
@DailamiPuang Жыл бұрын
@@user-er9hv4pl2u True, we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides yo help?
@user-er9hv4pl2u
@user-er9hv4pl2u Жыл бұрын
@@DailamiPuang Having a counselor is essential for portfolio diversification. My advisor ASHLEY AIRAGAHI who is easily searchable and has extensive knowledge of the financial markets.
@DailamiPuang
@DailamiPuang Жыл бұрын
@@user-er9hv4pl2u Thank you for this amazing tip. I verified her and booked a session with her. She seems Proficient.
@jonosun
@jonosun Жыл бұрын
Just found your channel and wanted to say a big thanks for providing all this invaluable information for free. Thank you 😀
@barnesnut
@barnesnut 6 ай бұрын
Hey I just found you like several months ago and I’ve learned the most from you KZfaq videos. Keep them coming and I really appreciate you for your time and generosity
@AriesWarlock
@AriesWarlock Жыл бұрын
Thanks for the video!
@franklinvisser5666
@franklinvisser5666 11 ай бұрын
Last night South African time I came across your channel Sir and it's already early morning hours at 02:00AM. Thanks a million for such free valuable content with clarity presented.
@gaberoyalll
@gaberoyalll Жыл бұрын
i like this allot! i even found using just the macd helps me with my patience and some confirmation
@razz1976
@razz1976 8 ай бұрын
How you only have 35k subscribers is criminal. Great work keep the great content coming. Thank you.
@iklilkonyalilar4161
@iklilkonyalilar4161 Жыл бұрын
Easy to remember, thanks ❤️
@kostekfund
@kostekfund Жыл бұрын
it's a must-watch for anyone interested in day trading or those seeking ways to improve their trading strategies
@user-bq5jr8qh6n
@user-bq5jr8qh6n 6 ай бұрын
Your videos are amazing. Thank you very much🌹
@3pierre91
@3pierre91 11 ай бұрын
The market always has an objective, it never moves randomly. good video to watch. you have entered earlier at the second entry on the second swing.
@dtrades2556
@dtrades2556 Жыл бұрын
Awesome tutorial video I have seen so far.
@elijahornelas5731
@elijahornelas5731 Жыл бұрын
i love your videos! im ab to start trading
@gooutside6055
@gooutside6055 11 ай бұрын
This video helped me understand better than any other.
@My-Nickel
@My-Nickel Жыл бұрын
Thank you sir!
@hannahdonald9071
@hannahdonald9071 Жыл бұрын
Recession is often the result of external factors, and it appears that the United States is losing its grip as a federal reserve currency. With a decreasing ability to control inflation and a reduction in stock and oil trading, it seems that a new multilateral world order is on the horizon.
@trazzpalmer3199
@trazzpalmer3199 Жыл бұрын
@champhallier8468 I agree, and for that reason I prefer to have a financial consultant make my day-to-day investment decisions. Given that their entire skill set is based on going long and short at the same time as well as employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's nearly impossible to not out-perform. I've been using a financial consultant for over two years and I've already seen positive.
@mcginnnavraj4201
@mcginnnavraj4201 Жыл бұрын
@@trazzpalmer3199 we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this consultant that guides you help?
@trazzpalmer3199
@trazzpalmer3199 Жыл бұрын
@@mcginnnavraj4201 The name of my financial advisor is SALVATORE FORTUNATO SOFIA. She was featured in a Kiyosaki Radio interview, where I discovered her and contacted her later. Since then, she has given me entry and exit points for the Equities/ETFs I'm interested in. If you want to make a fast online search using her name, feel free. I essentially follow her market decisions and haven't felt bad about it.
@maureenodionye6353
@maureenodionye6353 10 ай бұрын
I just had to subscribe. Great information
@splinter2804
@splinter2804 Жыл бұрын
Price action at it best...thanks bro
@gaberino6792
@gaberino6792 11 ай бұрын
Excellent. Thank you
@gaberoyalll
@gaberoyalll Жыл бұрын
this is nice !
@athayapr
@athayapr 6 ай бұрын
thank you for sharing, I'm also still learning in the nfc community
@acorntv9082
@acorntv9082 Жыл бұрын
The man!
@syaluuuuu2
@syaluuuuu2 11 ай бұрын
thanks for sharing, I will learn it, actually. I'm also still learning in the nfc community
@crisa414
@crisa414 11 ай бұрын
Thank you for your very instructive and informative vids. Can you make a vid on setting up risk and reward ratios. Can you also share your desk/computer set up. thanks and congrats on your achievements.
@the3dpros459
@the3dpros459 Жыл бұрын
First . Thanks Scarface
@jasonmichael9433
@jasonmichael9433 11 ай бұрын
I Started understanding the trading a bit more since i discovered your channel. My only question is how can I identify when the market is in an uptrend or downtrend and also how do I understand where the higher highs and lower lows are being put in?
@GaryHarlem
@GaryHarlem 11 ай бұрын
Just backtest for yourself and journal your trades and you'll see a huge difference. You'll understand where, why and when your strategy has a higher win percentage
@terrychristiana6160
@terrychristiana6160 11 ай бұрын
Chanel your focus on liquidity,Liquidity acts as boosters for required market movement
@sandrapeter1097
@sandrapeter1097 11 ай бұрын
Risk is controlled with a stop loss
@jeanrhiry724
@jeanrhiry724 11 ай бұрын
@johthomsen8954 I peep what you mean by "Trading is lot more profitable when you have official guidance” but 6 out of 10 of most professional traders aren’t so reliable. Basically why I haven’t looked into the choice of working with a professional even upon needing the service of one
@ReedJames-ru5bo
@ReedJames-ru5bo 11 ай бұрын
@johthomsen8954 I peep what you mean by "Trading is lot more profitable when you have official guidance” but 6 out of 10 of most professional traders aren’t so reliable. Basically why I haven’t looked into the choice of working with a professional even upon needing the service of one!
@Jonathan-rb8ge
@Jonathan-rb8ge 10 ай бұрын
Amazing channel thx
@SamsFxSociety
@SamsFxSociety Жыл бұрын
Oh I do love a break and retest
@victoriaclair
@victoriaclair Жыл бұрын
I'M NEW TO CRYPTO CURRENCY TRADING AND I'VE BEEN MAKING LOSSES TRYING TO MAKE PROFIT MYSELF IN TRADING...I THOUGHT TRADING ON DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVICE ME ON WHAT TO DO?
@jamesmichael9494
@jamesmichael9494 Жыл бұрын
All you need as a beginner to make good profit from cryptocurrency is a professional trader who will trade on your behalf else you may make losses.
@butleraidan
@butleraidan Жыл бұрын
That is true, you need an expert trader to make good profit from cryptocurrency trade
@butleraidan
@butleraidan Жыл бұрын
And this is the perfect time to invest in cryptocurrency because of the rise in cryptocurrency.
@victoriaclair
@victoriaclair Жыл бұрын
​@@butleraidanHow can someone know a professional trader that is trustworthy when legit ones are hard to find this days.
@butleraidan
@butleraidan Жыл бұрын
​@@victoriaclairI will recommend my current trader Mrs Jennifer Watson,, she is from USA and her strategies are earning a lot of profit for me.
@AntJB12345
@AntJB12345 10 ай бұрын
Nice strategy! Interested to know which Pairs you trade? Also how do you factor in spreads with this strategy, especially on the lower timeframes?
@polifemopaganvela1029
@polifemopaganvela1029 Жыл бұрын
Thank you for this awesome content❤well for me I have been earning consistently with coach Chris spencer trading aid
@polifemopaganvela1029
@polifemopaganvela1029 Жыл бұрын
He can be reached on
@polifemopaganvela1029
@polifemopaganvela1029 Жыл бұрын
His whatzappp no
@polifemopaganvela1029
@polifemopaganvela1029 Жыл бұрын
➕1
@polifemopaganvela1029
@polifemopaganvela1029 Жыл бұрын
213
@polifemopaganvela1029
@polifemopaganvela1029 Жыл бұрын
900
@JasonWilliams-uk8oc
@JasonWilliams-uk8oc 8 ай бұрын
What a great trading strategy... I want to test it just now
@alohaparsons3328
@alohaparsons3328 6 ай бұрын
Awesome video, debating how to mark the current high :-) I can't seem to find you on twitter
@herrickinman9303
@herrickinman9303 Жыл бұрын
In his 1st example, he bought 1000 shares of SPY (SPDR) @ $419.78/share = $419,780. Even if he bought on margin, he'd need about $210,000. In the 2nd example, he bought 1000 shares of TSLA @ $213.44/share = $213,440. $107,000 on margin. That's a lot cash for the pikers watching this video. lol Even if you only bought 100 shares, you still need a lot of cash. ES and MES futures are a much better deal. Both track the S&P 500. Both are very liquid. At many futures brokerages, the ES performance bond is $500/contract; $50/contract on MES. No PDT rule in futures. For tax purposes, your net annual gain (loss) from futures trades is treated as 60% long term, 40% short term capital no matter how long you hold a position. Check it out.
@brent6549
@brent6549 11 ай бұрын
I agree, futures is where it’s at!
@lucianofrancopiccinini
@lucianofrancopiccinini Жыл бұрын
Thank you for the great video. When you mention the high of the day or low of the day, are you considering it from midnight New York time?
@alperenoyunda7678
@alperenoyunda7678 Жыл бұрын
Nice video
@Bennett156
@Bennett156 11 ай бұрын
Thanks for the update.
@donaldkeith4726
@donaldkeith4726 11 ай бұрын
this is great. i've always been told that Trading with an expert has it advantage but i have no idea how to find one. so how do i reach him please?
@Bennett156
@Bennett156 11 ай бұрын
Telegram and He's verified
@Bennett156
@Bennett156 11 ай бұрын
@Rolandostrategy THAT IS HIS USER NAME
@Bennett156
@Bennett156 11 ай бұрын
please make sure you write the USER NAME complete
@donaldkeith4726
@donaldkeith4726 11 ай бұрын
Thank you for this I'll write him
@Ashryth_Wrathborn
@Ashryth_Wrathborn 11 ай бұрын
You really should delete these guys hijacking your comments with false account promotion-nonsese. You give great advice, thank you.
@jessev3039
@jessev3039 10 ай бұрын
Nice video, what time frame are you trading on??
@cynthiajacksonhodgesseamen2853
@cynthiajacksonhodgesseamen2853 Жыл бұрын
The technical aspect of trading holds the key to understanding the financial market with enough hard work and learning one could make alot of money'
@Sarahmalapane
@Sarahmalapane Жыл бұрын
I'm no longer waiting for the GRANT LOAN because I acquire $29,600 every 10 days recently.
@TheodoreEthan446
@TheodoreEthan446 Жыл бұрын
Hey there, I have been trading for about a few months now and just about every trade slaps me in my face. Nearly impossible for me to catch more than a few points . I try to do top down analysis and MTF analysis, but it doesn't work for me . I say to myself, clearly I'm in the 90% that lose money, so I open a demo account, do my analysis, then take the opposite of what I would normally take(I know, it sounds stupid but I was desperate) and get the same result. I'm starting to feel hopeless, any advice for a struggling trader?
@judypoliodoro6469
@judypoliodoro6469 Жыл бұрын
​@Van Brook Same I earn $32,670 a week, God bless my discretionary fund manager he's such blessing to me, especially in this current dip-
@kenziejoan469
@kenziejoan469 Жыл бұрын
who is your discretionary fund manager ?
@judypoliodoro6469
@judypoliodoro6469 Жыл бұрын
My personal broker/investment manager; Mr Nathan Davis, he runs an investment platform where you don't have to undergo any stress in the trades, he manages my account and all I need to do is invest capital and he gets a tiny bit of my returns as his commission
@brendanbutler1238
@brendanbutler1238 Жыл бұрын
1.00-1.08. At a 2 to 1 risk to reward you would break even/lose if you win 1 out of three trades, ie one win = +2 and two loses = -2, then costs = a loss.
@fred9927
@fred9927 Жыл бұрын
This kid is the best at Daytrading. 100000% recommended
@ScarfaceTrades
@ScarfaceTrades Жыл бұрын
Appreciate that!
@markschellhammer4663
@markschellhammer4663 Жыл бұрын
Does he have a trading group?
@zemljan
@zemljan 8 ай бұрын
hello, first of all let me say, very interesting strategy and I'm sure it works... congratulations.... is it possible for you to make a video on how to prepare a bet on the platform where you bet... what settings do you use - precisely
@jacobsolomon427
@jacobsolomon427 Жыл бұрын
Nice! How do you scan for these stocks?
@adhilrambridge2233
@adhilrambridge2233 Жыл бұрын
Are you marking the low and high of day from the london session ?
@herrickinman9303
@herrickinman9303 Жыл бұрын
Contrary to what he says near the start of the video, if your RISK:REWARD ratio is 1:2 , then if you lose on each of the first two trades but win on the 3rd trade, you will not be profitable. You will only break even. - 1 - 1 + 2 = 0. Furthermore, the outcome of the 3rd trade is completely independent of the outcomes of the first two trades. You could lose on all 3 trades.
@Alpacabowl98
@Alpacabowl98 Жыл бұрын
you have to be right 40% of the time to be profitable with a 1:2 strategy. the chart at 1:13 represents this. therefore, it doesnt matter if you lose all 3 trades.
@herrickinman9303
@herrickinman9303 Жыл бұрын
@@Alpacabowl98 1) "1:2" is not a "strategy." It's a risk:reward ratio. 2) Your claim that "you have to be right 40% of the time to be profitable with a 1:2 strategy [sic]" is incorrect. If you have a 1:2 risk:reward ratio, you only have to be right 33-1/3% of the time to break even. Therefore, ANY win rate more than 33-1/3% would be profitable, assuming losses don't draw down your account below the minimum needed to continue trading. 3) The video narrator's exact words were, "We want at least a 1 to 2 risk reward ratio. This means if we even do lose two trades, we'll still be profitable if we win that third trade." "At least a 1 to 2 risk reward ratio" means a reward:risk ratio that is greater than _OR EQUAL TO 2:1._ If the reward:risk is _EQUAL TO 2:1,_ then the hypothetical "lose two trades, win the third trade" scenario would only break even. E.g., if you make $200 when you win and lose $100 when you lose, then you will have lost $200 after the 2nd trade. Therefore, the best you could do after the third trade is break even. But you could lose on the third trade, in which case you'd be down $300.
@omooghene1819
@omooghene1819 Жыл бұрын
Please I need help on how to identify previous day low
@trudrknight
@trudrknight Жыл бұрын
For your first example trade of winning 1090, that's a trade of 400k?
@zebswebs3649
@zebswebs3649 11 ай бұрын
​@@trudrknightoptions
@sn00py0329
@sn00py0329 6 ай бұрын
It’s work I back tested it with paper trade works every time I used it
@moemoe-py4pb
@moemoe-py4pb 11 ай бұрын
Bro - u got me. I’m hooked..I haven’t seen anything explained more simply and effectively during the last 15 months I’ve been “learning” and observing various programs and “experts”. The other guys have been legit but they can’t fade your concise simplicity. I’m trying to join your class like yesterday- real talk..I can’t wait to enroll bro.👏🏾👏🏾👍🏾
@rhett6418
@rhett6418 10 ай бұрын
Dude ive been trying to become profitable for years and finally just turned around and decided to stick with BR trading. Your channel is a godsend, thank you. One question I do have is I like trading indices like us30 and nas but there will be days at a time where its just ranging. What should I do?
@fiskayaturk
@fiskayaturk Жыл бұрын
I’m compiling and picking stocks that I’d love to hold on to for a few years before retirement, do you think these stocks would do better over the years? I’d love to retire with at least $2million savings. Now you gotta rely on a pretty good diversification if you must stay green. Currently up 31% and being cautious. Still better deal than letting it sit in savings or checking earning near 5% interest
@darcyagostinelli3073
@darcyagostinelli3073 10 ай бұрын
Nice video, is this a funded account you are trading with or your own personal capital?
@cjtrades
@cjtrades Жыл бұрын
Ichimoku, Macd, rsi and knowing your support and resistance levels.
@michaelbelt8527
@michaelbelt8527 Жыл бұрын
how many highs/lows do you want to see first before looking to trade 2 higher highs/lower lows etc?
@linlhin5028
@linlhin5028 Жыл бұрын
Hi im also using ibkr. New to tws. Could u pls show ur hotkeys settings. Thank u Also how u choose strike on options
@ajaytn
@ajaytn Жыл бұрын
Hello. Both the examples in the video were for calls. Can you pls also show calls from LOD and outs from LOD and HOD.
@navketan1965
@navketan1965 Жыл бұрын
QUESTION IS--If trader was trading forex pair to hold for average duration of 3 days what time frame should be used for TREND DIRECTION?--IS IT 4 H CHART? Traders biggest enemy is trend flipping on A dime(e.g. 1H/lower times frame trend).Trend on 4H chart may be the best trend guide for majority of forex traders.. By the time trader confirms that trend on daily chart is up, market has already gone up about 5-7 days & if you ask supercomputer for the mathematical odds, computer tells you that odds are negative right from the start.Trend based on the last 10--15,four H candles has enough big players/juice/force behind it so that it would not flip on A dime, so trader has decent chance to make something without buying overpriced asset to lose again. Your wisdom please.?
@Vikturneer
@Vikturneer Жыл бұрын
We all know how rewarding trading can be, and getting a good ROI is very much attainable if you know your way around it.
@Rigbully
@Rigbully Жыл бұрын
Hello Ahuja. What would you recommend for someone who is just starting out and looking to make some return?
@Vikturneer
@Vikturneer Жыл бұрын
@@Rigbully I know that learning the ins and outs of trading is not for everyone. Personally, I trust Herman Jonas, an astute trade analyst who has helped me spread my funds in forex and stocks ( options and futures) in ways that are bringing me returns!
@Sammytammy192
@Sammytammy192 Жыл бұрын
Quite true. From my experience, it’s about understanding the market and volatility, but that’s difficult to do without help and guidance. Going in blindly is like betting a pony against a horse in a race.
@Novakissla
@Novakissla Жыл бұрын
@Maisy Kirsty 47-year-old software engineer here looking to do this on the side. I’ll love to hear from a pro. Would you be willing to leave a lead to him?
@Novakissla
@Novakissla Жыл бұрын
I appreciate your our response. I left him a message. I’m excited to start trading.
@TheGxNClan
@TheGxNClan 6 ай бұрын
Thanks for the videos - What is the returns % for top traders in Forex every month?
@user-sk1kk9xy4n
@user-sk1kk9xy4n 8 ай бұрын
this guy knows how to bring money into your life
@g.u.6897
@g.u.6897 Жыл бұрын
Nice work. What time frame is best for this strategy?? Thanks.
@markschellhammer4663
@markschellhammer4663 Жыл бұрын
Appears he’s using the 1min time frame
@quicktips3858
@quicktips3858 Жыл бұрын
Great content! Daaamnn the YT trading videos are full of scammers....
@Tesparza0218
@Tesparza0218 Жыл бұрын
Are you just buying and selling the stock or are you buying Call Options at those levels?
@menace2society166
@menace2society166 Жыл бұрын
What timeframe is this and which do you use for entry? 5m? 15m? Hourly? Thanks in advance.
@handkem
@handkem 10 ай бұрын
Is there an A-Z explanation for these methods? You are pretty clear in the videos but what platform do you use, etc. but is there a detailed video or website, etc. with info on which stocks/options to trade, etc. steps A-Z using these day trading strategies or does it apply to all? For example, could someone only focus on SPY or TSLA, APPL, etc. and succeed? I am mostly interested in trading options.
@frankloe5563
@frankloe5563 11 ай бұрын
Thanks for sharing. Is it applicable on FOREX ?
@zapanese1
@zapanese1 8 ай бұрын
@Scarface Trades, when do you mark the high of the day and low of the day in live market ?? Is it dependednt on time ? Or is it pattern, how could say which low is low and which high is high for the day in 1 minute chart ? Thank you.
@joshuadunbar2290
@joshuadunbar2290 5 ай бұрын
What program do you use for this? Thanks 👊
@mikel7371
@mikel7371 Жыл бұрын
How much it cost You to hold a position? On first example it took 31 days to hit the target on second around 35 days. Thanks
@mattwakeemup8883
@mattwakeemup8883 11 ай бұрын
So what kind of trades are these? Can you use this for options? If so, how do you calculate stop loss on an option?
@sassysilver4451
@sassysilver4451 2 ай бұрын
I like it. How fast are you entering those trades when they appear, and are you using the long position like that live? Also, what timeframe.
@IXOFISH
@IXOFISH 2 ай бұрын
Did you figure out the tf?
@sassysilver4451
@sassysilver4451 Ай бұрын
@@IXOFISH negative
@richardravisequeira6200
@richardravisequeira6200 Жыл бұрын
Is it 1 min chart ? And have to look for breakout of previous day high or low ? Please confirm
@brianhard-workhogan5393
@brianhard-workhogan5393 6 ай бұрын
Do you pick your profit targets based on previous levels such as high or low from a previous trading session/day? I don’t understand how you pick profit levels/exits
@gregorgman
@gregorgman 11 ай бұрын
Not sure how you set the Risk/Reward number? I use the TOS platform.
@BullishRay
@BullishRay Жыл бұрын
do you count pre/post market hour highs?
@rickys4115
@rickys4115 11 ай бұрын
What do you use to get your risk to reward level?
@geiguerconcepcion1245
@geiguerconcepcion1245 Жыл бұрын
what's the best chart for this strategy? 1min, 5min, 15?
@michaelg5727
@michaelg5727 Жыл бұрын
Do you base the high or low of the day off pre market movement or wait till open first????
@TomBarrington1
@TomBarrington1 Жыл бұрын
Only things I didn't hear in this very nice presentation is time frame you are trading on, the period of time from market open before you consider the high of day or low of day break retest trade, do you limit this watch list to a certain basket of stocks and are you trading ATM, OTM, or ITM contracts?
@luckydony6375
@luckydony6375 Жыл бұрын
Peak of day would be after the initial volatility on the session for NY it would be 9h30 -11h check silver bullet from ict to get more specifics
@markschellhammer4663
@markschellhammer4663 Жыл бұрын
Looking closely at his chart times at the bottom of the chart and the number of candles in between the time frame it appears he’s using the 1 min time frame
@mase2themaze
@mase2themaze Жыл бұрын
HOD and LOD of the present day or Yesterdays LOD ane HOD breakoit and pullback. You mixed it, sometimes saying one and then the other. Also how do you select the stocks to trade for your watchlist? Thanks 🙏
@arkiadell8013
@arkiadell8013 11 ай бұрын
Even time frame he used just like 1 min candles how he identifies HOD and LOD
@tiffanywilliams8589
@tiffanywilliams8589 10 ай бұрын
I know that today, Aug. 24th, was a weird, weird day, but I was looking at FULC, and it looked like it hit its low by like 7:15 am (it began at its high, for sure - everything tanked today). It had only the tip to of 2 candles that got above that line right around 8. Is that when you are supposed to jump in? Or do you wait until after 10 am when it goes up and dips back below the line? It only goes from 5:50 to 5:40 at that point, so not as much would be made. I'm just struggling with knowing in real time when to jump in and not misread it and lose, you know? Found this information to be SO helpful, though! It's much clearer in looking at a few others. Thank you for posting!! :)
@gmtrashtalker7479
@gmtrashtalker7479 5 ай бұрын
Hello. If anyone can answer a question I have that would be greatly appreciated. Is it the current day high/low of day or is it pre-market or previous days high/low of day? Thanks
@zacdrury11
@zacdrury11 Жыл бұрын
do you include PM levels?
@sidb9540
@sidb9540 11 ай бұрын
Do you care about of high/low of premarket day? Or do you only care about high/low of day after 9:30 am market open?
@jtrades_
@jtrades_ Жыл бұрын
Just curious do you ever use your degree or nah
@linlhin5028
@linlhin5028 Жыл бұрын
Do u have membership? How to join
@WTHFunnyVideos
@WTHFunnyVideos 11 ай бұрын
does it work only at the start of the day or can it work anytime?
@creedoomes2283
@creedoomes2283 2 ай бұрын
What is a good time frame to trade pullbacks?
@nateparker7340
@nateparker7340 10 ай бұрын
This is get execpt for you just put profit targets at phsyc levels? Like how do you know it will reach there
@MadanKumar-xe4xo
@MadanKumar-xe4xo 10 ай бұрын
Which timeframe does it work best for intraday trader?
@clutchsmoke3768
@clutchsmoke3768 Жыл бұрын
Good
@A.Jstyle1935
@A.Jstyle1935 Жыл бұрын
Does this strategy applys to any currency pair?!
@BigVWap
@BigVWap Жыл бұрын
Tony with another gem 💎 damn I love Tuesday's.
@ScarfaceTrades
@ScarfaceTrades Жыл бұрын
Thank you! Appreciate it.
@ImazeVideos
@ImazeVideos Жыл бұрын
The name of your indicator for the green line ?
@rrf5336
@rrf5336 Жыл бұрын
You telll us to look at the video explaining candle sticks. Which one is it???????
@m.d8652
@m.d8652 Жыл бұрын
Does anyone think copy trading is still a thing? I know it made a lot of easy millionaires when it was a trend some years back. When it was made especially popular by the concept of social trading in Etoro, it got me wondering if this method still works. My portfolio is drifting terribly far from safe waters lately. I'm really looking for a lifeline
@m.d8652
@m.d8652 Жыл бұрын
@Ren I tried it and I do have my regrets. Sure, it has nice traders, but I got burned a number of times due to their lack of consistency. It's more like a hub for one-hit wonders. If you get lucky, you go green when you subscribe to a hot trader, and then you lose all your profits the next week. My aim just got defeated for me.
@user-ss1cq1ns9d
@user-ss1cq1ns9d 7 ай бұрын
What's the trading platform been used in this example?
@andrewwatkins6342
@andrewwatkins6342 Жыл бұрын
What timeframe do you use?
@apathyreview3964
@apathyreview3964 8 ай бұрын
This is what I do. I find trending stocks. I get in for the first impulsive move of the day. And then I'm out by the 9.45 pullback. Google how stocks move on the daily. And basically I just follow stocks that tend to move in the same direction all day once established. This is what day traders did before chart patterns etc which I see mostly as voodo when it comes to predicting future performance. Is it a pullback or a continuation? No one knows. And therefore it's completely useless to me. I just use momentum and volume which is real time and not lagging.
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