Larry Williams Inspired Trading Strategy Wins 10 / 10 Trades (Seriously!)

Рет қаралды 9,555

Күн бұрын

In this video I reveal a trading strategy I made back in 2021 using ideas I learned from Larry Williams which has since won every trade!
I use a special set of conditions including TDOM or Trading Day Of the Month.
Watch the original development video here: • Larry Williams Trading...
All the testing is done using MultiCharts.
Data is from Oanda.
LATEST TRADING COURSE including TRADING STRATEGIES: www.thetransparenttrader.com/...
FREE 22 page Beat the Markets Strategy Guidebook here: www.thetransparenttrader.com/...
FOREX STRATEGY DATABASE: bit.ly/fx-strategy-database
WEBSITE: www.thetransparenttrader.com/
EMAIL ME: jarrod@thetransparenttrader.com
DISCLAIMER:
I am not a financial advisor and I am not offering you financial advice. I am not regulated in any way. The purpose of the content I provide is for educational purposes only.
Any information you receive is based on my own knowledge and experience in the financial markets and how you act on the information provided is your own responsibility.
I cannot be held responsible for any losses you may incur as a result of ideas taken from my content provided.

Пікірлер: 20

@Pranjal_Das 6 ай бұрын

thank you for all your knowledge and wisdom, you have changed my life

@wayneflint8077 11 ай бұрын

Did RSI set at 2 with the midline make a difference to profit. Jarrod????

@davidgalea430 Жыл бұрын

Has it been tested on other forex pairs and what was the success rate

@stephentaylor2119 11 ай бұрын

I just managed 98 wins in a row, using 3 SMAs best ever was 1 loss in 890 trades, Pity that was on a demo

@christianapologeticsintro 7 ай бұрын

That great Stephen. Mind sharing the strategy I am curious about it. Will even trade it on my real account and give you some feedback.

@dsper1 3 ай бұрын

dont mistake your dreams to be real lol

@jaybee9054 10 ай бұрын

Nicely done.. though I believe in statistics the “rule of thumb” is that you need at leat 30 data points to conduct significant statistics 🙃

@exceptionallymaybe 6 ай бұрын

At least 64

@costacarta Жыл бұрын

When you say you have to be in the trade for a minimum seven days is that seven trading days or seven actual days?

@markhields8203 Жыл бұрын

He means trading days …most strategies exclude weekends

@antigabut5878 11 ай бұрын

350 pips stop loss was a too huge, we might get margin call first before reach that SL

@StillChrist Жыл бұрын

Win rate is only one statistic, and a weak one, unless matched with a couple other stats to describe whats going on. For example, a win rate of 40% can be excellent when matched with a 2:1 win-to-loss ratio, or better. Profit factor is a better stat to tout if you only had one stat for a headline, assuming you had at least 100 data points with a few losses mixed in. Without any losses a better description is what was your average payoff, in percentages, compared to your average risk per trade, in percentages. 10 out of 10 is only significant if your R:R ratio was at least 1:1 or better. Also, never describe income in terms of dollars or even pips. Income is about percentages over time versus average drawdown, again, in percentages.. Larry risked 30% of capital per trade during his contest win. His daughter risked 10% capital per trade during her contest win. But Larry admits that 3-5% risk is more normal for him, while 1-2% is more normal for most.

@charismapowerdotcom 3 ай бұрын

Yes You are Right !!!

@WentylSk8 Жыл бұрын

This strategy really seems like going too far in data mining which some say Larry was guilty of. Although it may work in the future it can also break down completely. Wouldn't trust it unless having a huge portfolio of systems.

@johnsmith-qc8ud 11 ай бұрын

Why do you always emphasize the win rate? Leave that practice to those scam backtesting channels. Be serious, average_trade = win% * avg_win + (1 - win%) * avg_loss. win rate is useless without avg_win/avg_loss info.

@stponyt Жыл бұрын

you think 10 trades is suffice? lol

@wayneflint8077 11 ай бұрын

True 10 trades are not enough. But, but, but he says that doesn't he. Over a longer time frame it most likely fail. All my 100% winners did. Unfortunately, you don't get clicks unless you address the market lunacy of the magic 100% W/R. There is no holy grail and I'm pretty sure he knows that. He has been telling me so for 15 mths. So far, he has been correct.