No Indicator Trading Strategy Still Working After 50 Years!
Рет қаралды 207,385
6 ай бұрынIn this video I demonstrate a quick and easy "3 day trade" trading strategy which I picked up from trader Perry Kaufman. I complete a 15 year back test on 14 different Forex pairs individually and collectively as a portfolio.
I test the original exit and then 4 other exits to see which works best and on which market. One of the exits consistently produces win rates over 80%.
All the testing is done using MultiCharts.
Data is from Oanda.
Original video featuring Perry: • Video
LATEST TRADING COURSE including TRADING STRATEGIES: www.thetransparenttrader.com/...
FREE 22 page Beat the Markets Strategy Guidebook here: www.thetransparenttrader.com/...
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.
@soleray2 6 ай бұрын
long time no see, still one of the most worth watching trading inspiration UPLOADERS！ THANK YOU SIR!
@attila_csenge 6 ай бұрын
Love the ideas You share. Keep up!
@Eli-jc2xk 6 ай бұрын
Thank you for sharing this information will put this in my tool bag for sure 🙏
@vladi6569 6 ай бұрын
Add stops and see what happens. I would love to see video about that. Also information / thoughts about why it works on some pairs and not working at all on others would be interesting to hear.
@liakella 6 ай бұрын
thank you for sharing, I'm also still learning in the nfc community
@nakilaazzahra 6 ай бұрын
very useful and helpful video thank you I am still learning in the nusantara fx community
@chassnowden6496 6 ай бұрын
Got to test this out in equity markets.
@damarptr 5 ай бұрын
The video I just watched, the explanation is easy to understand for beginners like me who are learning in the nfc community
@samoyedkiyo 6 ай бұрын
thanks for the video.
@ppolonini 5 ай бұрын
Hi, I don't understand... in almost several examples on the video I see on charts 4 down or up closes ! Entries long or short on 4th consecutive up or down closes. We have to wait 3 down or up closes and only at the end of 4th day I put trades?
@n7ekg 6 ай бұрын
Do you have anything the works intraday, instead of swings? Thanks!
@atuegbeEhizogie 6 ай бұрын
Nice one.
@user-sm6jw3ci4z 6 ай бұрын
Does this strategy work on different time frames?
@josephhughes9583 6 ай бұрын
I really appreciate the dedication in each video you post. To be successful in markets, traders should understand the crossover between asset classes & liquidity flow. Olivia Maria Lucas 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
@cooperhayes7055 6 ай бұрын
I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...
@charliehunnam5187 6 ай бұрын
I remain eternally grateful to Olivia Maria Lucas for her efforts that got me to this point, finally payed off my mortgage and all my debts, what more could I've asked for. God bless you Olivia.
@rebeccamoore8366 6 ай бұрын
Please, how do I connect with Olivia
@josephhughes9583 6 ай бұрын
She's 'Olivia Maria Lucas' The best I've seen so far. Simply do your diligence.
@rebeccamoore8366 6 ай бұрын
Out of curiosity I looked up Olivia on the web and I have to say her Credentials are really Amazing.
@sindecade2023 5 ай бұрын
link is dead, original video does not exist any longer. Any Help ?
@zatarawood3588 6 ай бұрын
Did you test P Kaufmans strategy on equity where he said he'd been using this successfully for 50 years? Id be interested to hear if it actually worked or not over that period, or actually some period in the past. After a number of years spent a bit like you building trading systems Im suspicious of many supposed great traders methods) On the specifics of your study, on multi charts are you able to add a cost of entry and exit to each trade and generate your equity curve and result table with that included? That would mean you see a more accurate results without having to do a mental calculation as to whether it would be profitable or not with costs.
@fabianfernandez6723 6 ай бұрын
I did a backtest on SPY for 2023 and it was a 63% win rate. The ROI was 7.6%.
@scotthirsch3479 6 ай бұрын
7.6% sounds very pedestrian
@fabianfernandez6723 6 ай бұрын
@@scotthirsch3479 Yes, very lame especially when the risk free rate is 5.5%. Well, the returns can be amplified if options are used, since the overall strategy is a success.
@fabianfernandez6723 6 ай бұрын
@@scotthirsch3479 The SPY signal got triggered today. We had 3 up days. Based on the strategy, it’s to go short on the SPY today and close tomorrow. What I did was to buy a 380 put option on the SPY and short the 376 put option which is at money for net debit of $3.11. My max gain is $4 and my max loss is $3.11. Let’s see what happens tomorrow.
@rotherhiteboy 5 ай бұрын
Do you use multicharts?
@VTOLKits 5 ай бұрын
@@scotthirsch3479 I think 7.6% is without leverage....
@user-vw7lp5ru2l 6 ай бұрын
how long have you been a trader? i'm a beginner trader still learning about trading in the nfc community.
@MinaNguyen-wm8pr 4 ай бұрын
I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Veronica Hoy.
@ShawnSpill 4 ай бұрын
I'm surprised that you just mentioned Veronica Hoy here. I met her at a conference in 2018 and we have been working together ever since.
@BerthaAzubah 4 ай бұрын
The very first time we tried, we invested $1400 and after a week, we received $5230. That really helped us a lot to pay up our bills.
@WilliamsChrist 4 ай бұрын
Hoy's expertise in customizing investment portfolios based on changing market conditions and personal risk profiles is exceptional. It's not a one-size-fits-all approach, which is crucial in crypto investing.
@bigthelma1 4 ай бұрын
You trade with Veronica Hoy too? Wow that woman has been a blessing to me and my family.
@Agata-eu8zi 4 ай бұрын
I'm new at this, please how can I reach her?
@ClockDesignCo 5 ай бұрын
What about with accounts that have leverage? Surely they will perform better?
@eugeneevenson6118 6 ай бұрын
Question for you sir, does it work on anytime frame.,
@richards1800 5 ай бұрын
What time of day is your close on the currency markets ?
@defanio 3 ай бұрын
What time frame do you use in 3 down candle closes ?
@Realcjs 6 ай бұрын
How do you set up these candles?
@mar__k 2 ай бұрын
That's arguable. Discretionary strategies are akin to failure because of discretion whereas Indicators can provide a methodical approach.
@baobinh921 5 ай бұрын
Video của ban rất hay cam on bạn
@jayflaggs 5 ай бұрын
You have to look at your expectancy. 80% is great, but now with a RR of 0.25. Your expectancy is zero which means there's no edge with this one.
@cryptohunter5042 5 ай бұрын
I've never seen a 50 year old indicator. Which platform was used there ?
@ErolSaydam-1 5 ай бұрын
Nice video, the link to the video you have set, is not working anymore (user has his account closed message I got)
@stern4141 6 ай бұрын
Was that a fire alarm chirp at 10:08?
@davronjonizzatullayev6931 4 ай бұрын
respect
@yousajiveturkey1 6 ай бұрын
I do something similar to this with credit spreads. 3 days and I’ll play the opposite
@user-py7oz8th3n 5 ай бұрын
It is nothing but the Taylor Trading Technique.
@finanzferdinand9874 5 ай бұрын
Much better if you do a handstand with no clothes on while placing the trade
@kushanperera8832 6 ай бұрын
supply and demand approach, which I used to pass my The5ers prop challenge.
@MPS-GAMING 6 ай бұрын
What ia Bailout exit?
@tsallyt 6 ай бұрын
Chart patterns and price action helped me pass the The5ers prop challenge.
@anfiqonayasyah5583 5 ай бұрын
hi, what chat pattern do u use?
@KateFoxy-lr6nb 5 ай бұрын
Hello! It frustrates me that I can't find a strategy or signals with a win above 85%. This is a kind of limitation. Maybe someone has achieved better results. Tell me if you know something with win more than 85%. Thank you!
@mafiosyaya4914 6 ай бұрын
not SL ??
@thecovertnarcissist9437 5 ай бұрын
It would have been much better if at the beginning he mentioned that this is for the daily time frame only. There is no mention of lower time frames. Correct me if I'm wrong. I only trade with the lower time frames.
@mikemike5973 6 ай бұрын
How many millions do you have congrats
@hueyshux 6 ай бұрын
That's just Elliott Wave for beginners
@jonesleonard7249 6 ай бұрын
Nice video here, im happy to tell that I've hit my target of $1.4 million in my portfolio; it's been a long day coming, since I began with $220k and have been constant and adding to my portfolio ever since. Now I can afford to splurge a bit..
@HajiWarithuHajiTengah 6 ай бұрын
How u can justify a higher win rate when the drawdown is also large?even by eye balling i could see it.
@teebone2157 6 ай бұрын
Excellent
@el-sig2249 6 ай бұрын
Detailed and thorough analysis. Well done. And thanks.
@trommelbiel 2 ай бұрын
I have subscribed. Let's l hope one can learn a few things here. 🙏
@viaanfc 6 ай бұрын
It's very important, sharing strategies does make learning faster. i also learned this in the NFC community
@Phylax666 6 ай бұрын
84 % with dat jacket? 🤣🤣🤣
@martinacarla3587 6 ай бұрын
Can you please enlighten me more about price action strategies? how do I spot when the prices would flop so I get in for a buy and take profits?
@KennisTray 6 ай бұрын
Hold back for a breakoff structure on a small time frame as soon as the prices makes a slight downward pullback. But then don’t enter a trade immediately the prices are down because prices can easily still go up which would have you loosing money
@juanfernando9253 6 ай бұрын
The biggest challenge holding traders back from utilizing price action concepts is that price action concepts can be very difficult to identify.
@bobkaiser3549 6 ай бұрын
Prices are not constant because the market stays teetering,it’ll be very difficult to know when prices collapses
@SurakiMer 6 ай бұрын
@KENNISTRAY Thanks for sharing. I’ve Been trying to dig out the information you just shared. Do you teach about trading?
@KennisTray 6 ай бұрын
I’m not a trading advisor neither do I teach about trading. I only trade through the assistance of trading expert Brad so I’m able to simultaneously learn and earn while trading.
@professionalcheekclapper7608 6 ай бұрын
Man this sounds almost too simple 😂😂
@user-sr2cw1ol2v 6 ай бұрын
I have best strategy in the world but not till any one
@mirmosheraf6523 6 ай бұрын
Great Video and very helpful. Would you pls tell me how you set up Multichart that show Avg Trade(win loss ) in Pips instead of Monetary value. Thank you
@bigal8976 6 ай бұрын
Thoroughly confused. You don’t seem to follow the rules. You showed examples of a trade went against you for seven or eight days before you exited which violated the rules you said in the beginning
@chevez75 5 ай бұрын
If this strategy works for this guy, I doubt you can credit anything but his humongous cranium
@davidmadle5007 6 ай бұрын
Thanks Jarrod Have a great trading week
@aksaaptr 6 ай бұрын
thank you the knowledge is very helpful for beginners like me
@matthew54811 6 ай бұрын
I will forever appreciate this channel, you’ve helped me and my family a lot, your videos, advice and lessons are inspirational helpful to us, I now earn every week. You’re such a blessing to this generation, we all love you
@matthew54811 6 ай бұрын
Okay but is not luck, is all about having good investment plans most of all trading with a trust worthy expert. Watching professional trading videos and most especially connecting with the right person the digital world is full of in unreal people I met some of them during my success journey. I felt same way when I started especially when you use demo account you might be winning but when you put in real money you start losing I understand and I pass through it all. I’m very happy I’m profitable now.
@thomashen587 6 ай бұрын
Hey how good are your earnings I will like to get some insights into trading thank you.
@matthew54811 6 ай бұрын
Currently i can attest to the fact that I make $18,300 weekly through trading which is more better then my monthly salary job. Trading becomes my passive income.
@thomashen587 6 ай бұрын
I can relate to all you said becaus am facing similar thing right now. Congratulations I wish you more success.
@matthew54811 6 ай бұрын
At first i was afraid too before i gave it a try and realized fear kills dream more than failure.
@Maciej-McOst-RICH 6 ай бұрын
Without stop loss this strategy is extremely extremely risky.,, I would even not to try.But thank you anyway to share with this concept. All the best
@double_joseph327 6 ай бұрын
Without stop loss any strategy would be risky lol that’s the point of a stop loss
@kygocrysmaine3583 6 ай бұрын
Is this indicator satisfactory if you somehow set a stoploss?
@user-ij9vi6sn8g 6 ай бұрын
@@kygocrysmaine3583 No way this might have worked for them, but if you deploy it anywhere else you will loose money for sure the entry is funny, if you are in downtrend you will be crushed.
@danielhancock6953 6 ай бұрын
You work for 40yrs to have $1m in your retirement, Meanwhile some people are putting just $10k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
@samuelroddy5382 6 ай бұрын
You're right, but a lot of people remain poor due to ignorance.
@danielhancock6953 6 ай бұрын
Not because of ignorance, It's because of the high rate of unprofessionalism in the crypto market.
@PatrickBiedenkapp-rb2gi 6 ай бұрын
The crypto market has been unfavorable for months and i keep losing my money selling off during dips, i'm very scared of holding right now. how do you guys still make so much?
@danielhancock6953 6 ай бұрын
As a beginner investor, it's essential for you to have a mentor to keep you accountable . Myself I'm guided by Mrs Olivia Brown, a widely known crypto consultant
@danielhancock6953 6 ай бұрын
That's right, you need an experienced trader to make good profits trading cryptocurrencies
@das250250 6 ай бұрын
Another scam really , it doesn't matter what the entry is for the bail out exit ,it will give similar results .
@tracyTracy-gg4uk 6 ай бұрын
I am new to BTC and may incur losses trying to make a profit for myself in trading... I thought that trading on a demo account is just trading in the real market... Can anyone help me or at least advise me what to do?
@kelvinrichard469 6 ай бұрын
All you need as a beginner to make a good profit from cryptocurrency is a professional trader who will trade for you otherwise you may suffer losses.
@RosaGabriela-fk9yn 6 ай бұрын
That's right, you need an expert trader to make a good profit from cryptocurrency trading
@blessedblem2051 6 ай бұрын
@@RosaGabriela-fk9ynThis is the ideal time to invest in cryptocurrencies due to the rise in cryptocurrency prices.
@JonathanFrancis-hz9os 6 ай бұрын
How can someone know a trustworthy professional trader when a legitimate trader is so hard to find these days.
@JonathanFrancis-hz9os 6 ай бұрын
💯
@henryarnold1412 6 ай бұрын
What tool were you using to back test
@warriorspirit6083 6 ай бұрын
Can you test on stocks, not interested in forex
@angelinalopez6021 6 ай бұрын
The digital market turned out favorable! $60,000 every month. I can now give back to the locals in my community and also support God's work and the church, God bless America....
@nancydtt290 6 ай бұрын
Investing in stocks is a good idea, a good trading system would put you through many days of success.
@antonialuiz5900 6 ай бұрын
I came here to learn how to invest after listening to a guy on radio talk about the importance of investing and how he made $960,000 in 4 months from $160k, somehow this video has helped shed light on some things, but I'm still confused, I'm a newbie and I'm open to ideas.
@user-ik3vn7lj9b 6 ай бұрын
Now with the recent economy, to be financially stable you have making money online while other are sleeping..
@Lindaj351 6 ай бұрын
It is possible to produce superior performance provided you do something different from the majority. However, most of us tend to pay more attention to the shiniest position in the market to the cost of proper diversification.
@savanna983 6 ай бұрын
Having monitored my portfolio performance which has made a jaw dropping $470k from just the past two quarters alone, I have learned why experienced traders make enormous returns from the seemingly unknown market.
@syedimam3615 6 ай бұрын
I think this is one of the best strategy I have heard. Do follow this, you wouldn't regret but the key is you have to pick the right stock if you hoping price of stock to go up either same day or in a day or two in order for you to turn green!
@Shiv-amuktha 6 ай бұрын
Why don't you create the indicator with this strategy 😅
@atillamakai1652 6 ай бұрын
Because a 6 year old could execute this strategy. It's not too hard to count to 3.
@rombusworkmoney22 6 ай бұрын
@@atillamakai1652 an indicator can send alerts.
@double_joseph327 6 ай бұрын
Check out Williams fractal. It’s pretty much a fractal
@tomasz7172 6 ай бұрын
You are just a salesman...
@forexofficial70230 6 ай бұрын
None since off this strategy
@jt-oz 6 ай бұрын
Thanks Jarrod this is well explained and it is very encouraging to see simple strategies remain robust for so many years. With regard to selecting pairs for a portfolio (assuming the same strategy for all pairs) you've demonstrated that some perform better than others. How would you approach selecting or de-selecting pair/strategy combinations for a portfolio? Thanks for your great content and the effort you invest to produce it.
@peterwong8499 6 ай бұрын
Market usually retrace after 2 to 3 trending but how far can it retrace before continuing the trend again? What if the trending is more than 3 days, could we consider using this 3 day strategy too?
@blu1806 6 ай бұрын
Nice one , but the indices? Why not?
@visla84 5 ай бұрын
Horrible strategy for sooo many reasons. Do not trade this mean reversion folks.
@learninganewwayoflife.2083 6 ай бұрын
Learn elliott wave principle you don’t need this bullshit..
@bumpyjason 6 ай бұрын
I have to just use one indicator, I love price action but I also love divergence so the rsi I use. I can’t stand most indicators because 50/50 win rates are no good, momentum is key. , ill sometimes use fib but that’s it, I don’t care about volume profile and everything else
@ndovgaluk 6 ай бұрын
Ahhahaha Is this a channel for gamblers? There's No ANY logical explanation of why it should work. Why 3? Not 5?
@down-the-rabbit-hole 6 ай бұрын
probably because trades are ran by emotions. It's the same reason that 95% of the time the SPY either breaks a pre-market high or a pre-market low... 95% of the time!!! That is insane!!! One can easily find ways to trade around that if they test it enough....
@johnp7739 5 ай бұрын
Basic mean reversion, genius.
@Radhb 6 ай бұрын
basically nonsense gambling with negative EV, negative risk to reward and no clear stop loss level
@down-the-rabbit-hole 6 ай бұрын
The best thing to do is test it yourself and see........If something is effective a LARGE percentage of the time, the stop losses don't matter as much.......
@jonahb2311 6 ай бұрын
🤣🤣🤣🤣🤣🤣 This doesn't work at all!!!! Look at S&P or some currencies. absolute wreckage.
@wanga10000 6 ай бұрын
I watched the bailout exit videos you have presented. Just one thing I'm not quite sure is the exit way when it's not profit. Do you close the un-profit position until the next entry signal pop up?
@Anderson-bf5cw 6 ай бұрын
I'M NEW TO BTC AND I'VE BEEN MAKING LOSSES TRYING TO MAKE PROFIT MYSELF IN TRADING...I THOUGHT TRADING DEMO ACCOUNT IS JUST LIKE TRADING THE REAL MARKET... CAN ANYONE HELP ME OUT OR AT LEAST ADVISE ME ON WHAT TO DO?
@Manuel_Jorge 6 ай бұрын
Well...I will advise you should stop trading on your own if you keep losing and start trading with an expert because trading with an expert is the best strategy for newbie...😊
@Kelvin237 6 ай бұрын
All you need now is a professional trader esle you will continue making losses
@Biancamilly 6 ай бұрын
That's true most people today have been having a lot of failure in fx and crypto sector because of had orientation and bad expert
@prendogaskia 6 ай бұрын
As a biginner who don't understand how Bitcoin trade really work and you really want to make profit from it. I will advise you to first start working with a professional broker
@carollinda233 6 ай бұрын
How can someone know a professional account manager that is trustworthy when legit one are hard to find this days
@AnandaRoy-mr7nb 5 ай бұрын
Doesn't make any sense only u know what rubbish u r saying
@josehenry7205 6 ай бұрын
Predicting market movements is extremely difficult in reality. It requires the investor to be right twice: Essentially why individuals engage service of experts who provide proper strategies to navigate the markets
@raphfelimax2713 6 ай бұрын
Agreed, which is exactly the reason I stopped taking advise from KZfaqrs; in the long run, I only end up with a jumbled collection of stocks and bonds. Whereas all I needed to earn over $350k in less than three years was guidance from a true market strategist.
@nissan38p69 6 ай бұрын
in my case Fergus Waylen has assisted me in doing that effectively, I'm not an expert so I lack experience in investment strategies, I work and my consultant handles the rest....
@aniniels-hw5iv 6 ай бұрын
Fergus waylen has to be the best mentor I've met. He's copy-trading has been the best because I hop on it with $3k and I'm up with $35k in profit. He's insights, information and versatility in the market is superb
@lea5898 6 ай бұрын
I am surprised that this name is being mentioned here, I stumbled upon some of his clients testimonies on CNBC news last week..
@Georgina705 6 ай бұрын
Yeah He is quite popular in the financial space I have turned over more than half mil working with fergus on a wide array of options and finally sticking to a few that have been favorable in the past 2 years. I began working with him In October 22 after the Fed lended 300b usd for stimulus to stem crisis, I knew I needed help
@AnandaRoy-mr7nb 5 ай бұрын
U are only trying to make money from views don't do it
@andrewholmes-171 6 ай бұрын
I'm glad I got into crypto when I did because it’s been a turning point for me financially, been my best decision so far.
@FrankWilliams790 6 ай бұрын
As an independent man I started my first investment plan with just a $1000 and now earning weekly income of $4830 in cryptocurrency exchange with my personal broker.
@karenrobinson598 6 ай бұрын
Inspiring! Do you think you can give me some advice on how to invest in a healthy way as you are doing?
@DonaldHuge 6 ай бұрын
Bitcoin has been falling for a while now and could fall further or close to rise again. The truth is that no one knows, I believe it's the right time to buy and also get a pro's assistant
@FrankWilliams790 6 ай бұрын
I will recommend my current trader Mrs Adria Siewert, she is from USA and her strategies are earning a lot profit for me..
@JohnAlbert209 6 ай бұрын
Isn't that the same Mrs. Adria Siewert that my neighbours are talking about, she has to be a perfect expert for people to talk about her so well
@brucewwilliamson 6 ай бұрын
Have you looked at intraday data i.e. 5 min, 10 min, etc. Jarrod?
@icenomad99 6 ай бұрын
84% win rate is actually not that high. Looks like absolute bullshit to me.
@TESLA_MOTOR 6 ай бұрын
How can I go about investing in the crypto and stock market? Real estate sounds good too but it's all boils down to the right investment plan.
@Doreenfreundt 6 ай бұрын
Building a good investment portfolio is more complex so I would recommend you seek expert like Mary Gail Benner support with her top notch experience, insights and strategies to secure and minimize the possibilities of losses
@TESLA_MOTOR 6 ай бұрын
Please do you mind sharing any means of reaching out to her easily?
@Doreenfreundt 6 ай бұрын
She's on telegram
@Doreenfreundt 6 ай бұрын
Grimhal 👈 That's her username
@TESLA_MOTOR 6 ай бұрын
I really appreciate your feedback. Thanks
@Nyruami 6 ай бұрын
Lol, every strategy can produce win rates of "up to" 84%
@ManMountainManX 6 ай бұрын
TY. 030124.
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