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This Trading Strategy Turned Me Profitable (Backtesting Real Results)

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Scarface Trades

Scarface Trades

Күн бұрын

Пікірлер: 242
@4-13PHIL
@4-13PHIL 6 ай бұрын
You are the first to show the amounts you had to risk in order to achieve your profits. By doing this, you are showing new traders exactly what’s at stake during each trade. Great video !
@John--qh9xl
@John--qh9xl 6 ай бұрын
Great verse. Thanks.
@DopeKobe
@DopeKobe 6 ай бұрын
Make a video on the contracts you trade, like ATM, ITM, OTM and other criterias for picking out contracts.
@danielboyd77
@danielboyd77 6 ай бұрын
I'd like to say, "You're going places, kid" but I think you are already there! Congrats on your continued success. You have a knack for this content creation as well. Keep at it.
@AgentOrange90
@AgentOrange90 6 ай бұрын
these are the best videos and i look forward to them each tuesday. Thank you!
@burgerwolfrn4191
@burgerwolfrn4191 6 ай бұрын
Bro, this was a fantastic break down with real examples (instead of cherry picked ones like you said). Very very helpful, please do more like this! Thank you
@MrTodd238
@MrTodd238 6 ай бұрын
Awesome , straightforward teaching
@ScarfaceTrades
@ScarfaceTrades 6 ай бұрын
Glad you think so!
@SuperBODY90
@SuperBODY90 6 ай бұрын
@@ScarfaceTrades You tested so many strategies .....a video about your personal best strategies would be great.
@santokhsingh8133
@santokhsingh8133 6 ай бұрын
Very simple setup n easy understandable. Thanks
@deem5857
@deem5857 2 ай бұрын
Amazing video! I have never seen this strategy before. It really gives the parts for a profitable trade--entry, stop loss and exit. Would love to know the contracts you're using, but even without that, this was phenomenal! You are a fantastic instructor. Thanks for your content. I am new to your channel, and every video has been on point!
@mikkolaine23
@mikkolaine23 6 ай бұрын
Great stuff once again thanks!
@davidnyoni3946
@davidnyoni3946 6 ай бұрын
You teach so much sauce and very easy to understand and follow thanx ...i love the break and retest strategies
@ScarfaceTrades
@ScarfaceTrades 6 ай бұрын
I try to give the most value, glad you enjoy!
@davidnyoni3946
@davidnyoni3946 6 ай бұрын
@@ScarfaceTrades try ain't the word you are good...you saved me I just simply do my pre market markings set alarms and targets and im so at ease now when I work ...thanx again
@ericgreenwell1376
@ericgreenwell1376 6 ай бұрын
Could you please do a video that shows some clips of you live trading these setups. You're execution is remarkable on everything I've seen so far, but everything has been in Replay mode. I'm waitlisted for Mastermind, but I really hope you show some clips of live trades for a week similar to how you did here. That will really add to your credibility in my book. Regardless, huge fan! Your videos have been so useful in my short time trading.
@danal5813
@danal5813 3 ай бұрын
love the simplicity!
@Royal19122
@Royal19122 6 ай бұрын
Awesome Video. Thank you
@4bygrace523
@4bygrace523 6 ай бұрын
Awesome I’m learning so much from these videos good job
@Jcrusadr
@Jcrusadr 6 ай бұрын
Looking forward to the program you are creating for us. Thanks Tony!
@corycameron831
@corycameron831 6 ай бұрын
Feeling lucky to have given you the time you deserve for the in depth structure of a profitable business. Pleased to have been wrong on MY forecasts as you helped me to become a better trader. Thank you
@victorwerne1314
@victorwerne1314 6 ай бұрын
Thanks for the vids. Love your style of teaching.
@kulumoyo5821
@kulumoyo5821 6 ай бұрын
@Scarface Trades, For the next video, could you please show how you trade a combination of the Overnight H/L and prior day H/L break and retest strategy? My guess is you have both of those levels marked on your charts, and it would be helpful to see how you trade with all those levels on your chart?
@SolutionsWithin
@SolutionsWithin 2 ай бұрын
Thank you. Will give it a try. I was only marking out previous highs and lows as well as trend, but I guess waking up in the morning and trading strictly pre-market highs and lows is worth a try! Ofc will still watch trend. Cheers from the 6.
@charlesoparah3178
@charlesoparah3178 6 ай бұрын
Hey Scarface, Excellent presentation with astute simplicity. Please let me know if you can prepare an extended video on back testing that goes beyond 1 week explaining the process for obtaining data for at least a year and then performing the back test. Thank you so much.
@kirbygo1295
@kirbygo1295 6 ай бұрын
There probably isn’t a trading software that will allow you to retrieve data on a 1 minute timeframe past a month and half. But you backtest on any stock on TradingView for example
@johndutton572
@johndutton572 6 ай бұрын
Your videos have great information
@1boehm
@1boehm 6 ай бұрын
best youtube channel out there for trading,,,simple and easy. been trading 2 stocks the last 3 weeks 1 red trade 11 green. have not been this consistent since i started trading lol
@LeonardoFeducci-cc1tb
@LeonardoFeducci-cc1tb 6 ай бұрын
Well done video!
@majorosgt
@majorosgt 6 ай бұрын
Thank you! Amazing content as always. Can’t wait to join to the accelerator. Do you have a video on momentum candlesticks and their formation?
@ScarfaceTrades
@ScarfaceTrades 6 ай бұрын
Yes check my video on candlestick guide I made about 4 weeks ago!
@AriesWarlock
@AriesWarlock 6 ай бұрын
5:16 "parade". That software is funny.
@chasewotring9769
@chasewotring9769 6 ай бұрын
Great lesson. Couldn't help but notice your hoodie! 👍💯
@kingcut5194
@kingcut5194 6 ай бұрын
Can you make video on managing risk maybe a go to system on how to manage inter day action.
@BaseballTasteball
@BaseballTasteball 6 ай бұрын
I love your teaching videos! If you had to choose between all of your strategy videos, which one would you prefer?
@7trades771
@7trades771 6 ай бұрын
Once again great video and explanation. What minimum volume or max volume in pre-market are you looking for? or does it even matter?
@darioriccio2559
@darioriccio2559 8 күн бұрын
Great video. Only problem is putting a trade on that fast on the 1m. Calculating stop losses takes time on tradingview. Is there a cheat for this?
@NirvanicSunshine
@NirvanicSunshine 6 ай бұрын
What trading platform are you using here?
@8KFlow
@8KFlow Ай бұрын
Another great strategy but as my previous comment on another video I feel the 5 minute retest is more reliable.
@mulliganpierced
@mulliganpierced 6 ай бұрын
Ty so much 🔥🔥
@jasjohal9146
@jasjohal9146 6 ай бұрын
your videos are the best at teaching in a easy to understand. Could you make a youtube where you how you buy options and the type. thx.
@Jjfargo
@Jjfargo 6 ай бұрын
Enjoy your videos, good strategy. Have to learn how to scale up and keep my wits.
@with_A_vision
@with_A_vision 6 ай бұрын
Thanks for the video...do you primarily just trade off of the 1 minute chart? And no indicators?
@minnoxdnb
@minnoxdnb 6 ай бұрын
indicators lag, leading signal from price action is best
@johnson6078
@johnson6078 6 ай бұрын
1st time seeing this kinda great video in the trading world!!
@Perry.inc83
@Perry.inc83 6 ай бұрын
thanks for the very informative videos. i am new to day trading. my question is how do you pick the stock you will be working with? are you doing more than on a day?
@JoeyJiggles
@JoeyJiggles 6 ай бұрын
very good question
@scotthenderson4376
@scotthenderson4376 6 ай бұрын
Question? What Delta trades? ATM or Deep ITM. Great info
@dougr6925
@dougr6925 6 ай бұрын
Great Video...what time do you suggest for Futures....thanks.
@chinnappav1962
@chinnappav1962 6 ай бұрын
Much appreciated
@panyc777
@panyc777 5 ай бұрын
@scarface trades Thank you so much for your videos. I do have one question. I understand the R/R you mention in every trade but how do you achieve it? Is it buy shorting/longing spot with leverage or using options? Thank you
@tf1078
@tf1078 6 ай бұрын
PA on the 1min😳 impressive! Can you show the strategy on something with lower volume?
@smallgains1999
@smallgains1999 6 ай бұрын
Thanks for the video. Does the FUTURES have the same premarket hours and would you play it the same way?
@maysonreid6585
@maysonreid6585 5 ай бұрын
Great video bro, very easy setup simple to understand, just a few questions, how much per trade are you going in with? and what contract expiration are you using?
@ian92143
@ian92143 6 ай бұрын
Appreciate your videos and I actively use the 5 minute opening candle strategy you previously covered in earlier videos. Trading the break and retest of the 5 minute opening candle or the break and retest of PMH(L) are very similar. Other than individual preference, what makes either strategy more effective than the other? Thanks.
@ultimateoutdoor2561
@ultimateoutdoor2561 4 ай бұрын
Great content! If you were doing this strategy on futures would pre market high and lows be set from 4pm eastern (globex open) to 630am (ny open)?
@markman1276
@markman1276 6 ай бұрын
Nice videos dear . Thank you for all your trouble to make such beautiful videos. Practical clear and to the point. Great job. Praise the LORD
@marcwarnecke
@marcwarnecke 5 ай бұрын
Great Video..do you gzys have more succes with pre market or pre day high/low?
@reyhaanmohamed4210
@reyhaanmohamed4210 6 ай бұрын
Hello. Great video. I'm just confused as to how find the pre market high and low? Which time frame should you use?
@Kk-iw4ck
@Kk-iw4ck 3 ай бұрын
What is the delta of the contracts and expiration dates ? What are the time frame of chart ?
@RJ_Yongi
@RJ_Yongi 6 ай бұрын
Your video is very consistent. Would there be any difference if trading futures?
@JoeyJiggles
@JoeyJiggles 6 ай бұрын
Can someone explain to me the 2R or 3R? How does that work when investing $500?
@face3670
@face3670 3 ай бұрын
which time frame did you trade on this video?
@SoNg-dh1me
@SoNg-dh1me 6 ай бұрын
Thank you so much for your educational video!! Could you share how you determine in a particular day whether to use premarket level strategy or other strategies such as previous day high/low?
@ScarfaceTrades
@ScarfaceTrades 6 ай бұрын
I'll have a video on this soon!
@SoNg-dh1me
@SoNg-dh1me 6 ай бұрын
That must be another excellent video. I am looking forward to watching it! Thank you so much!@@ScarfaceTrades
@BaseballTasteball
@BaseballTasteball 6 ай бұрын
I couldn’t agree more! I have trouble deciding whether I should be sticking to one strategy at the moment. But this would be an amazing video!
@user-kx6zh1fz4y
@user-kx6zh1fz4y 6 ай бұрын
Thank you for this good strategy that you taught me. This strategy is good for 5 minutes time frame or only for one minute
@Jay92868
@Jay92868 6 ай бұрын
Thanks for the great content. I have been trying pre-market trade without much success. My broker won't let me trade until 7 am EST. Also, I can only do limit orders during pre-market. How do you place stop orders here? Looking forward to join your group.
@ScarfaceTrades
@ScarfaceTrades 6 ай бұрын
You don't want to trade at 7AM you want to start trading after premarket has ended which is 9:30AMEST
@brcam2013
@brcam2013 6 ай бұрын
Wow you must be super new. No worries, we’ve all been new before. Doesn’t matter the broker, NO ONE can use a market order when the market isn’t open. 🤔 Hope that makes sense. This is also why trading premarket is extremely risky. Getting in and out of positions swiftly can be difficult, not to mention getting the best price/order fill when doing so. Good luck
@supalyftgaming1504
@supalyftgaming1504 2 ай бұрын
Does this also work on forex pairs... Because I don't understand where pre-market highs and lows would be on forex pairs
@maroegweni3536
@maroegweni3536 Ай бұрын
On what time frame do you use to place the market high and lows
@johnmandude1
@johnmandude1 5 ай бұрын
my only question is on 1 min time frame, how do you have time to enter when you want to on such volatility like the trade that played out in 1 min, i find it hard to believe with spread and just general lag you can type in your lot size and your TP and stop loss, not to mention if you do a market order your are likely not getting in at the price the candle says u are. the theory is great but i need to see this applied live to believe it is possible to execute. unless you ahve some sort of algo system set up automatically entering
@kordelic
@kordelic 5 ай бұрын
what are the setting on your stop loss to make it show total amount potentially made?
@alohaparsons3328
@alohaparsons3328 6 ай бұрын
Can we use on any stock or just TSLA? SPY?
@ScarfaceTrades
@ScarfaceTrades 6 ай бұрын
You can use this with any stock however I prefer tech stocks or NQ myself.
@djnightnight_
@djnightnight_ 6 ай бұрын
which options do you buy ? atm or around the price target?
@Kitjai26
@Kitjai26 4 ай бұрын
What platform do you use for trading?
@Preshapheaux
@Preshapheaux 5 ай бұрын
Is there an indicator to mark out the risk and reward?
@jitendra8876
@jitendra8876 5 ай бұрын
Could you please show how to mark premarket data on trading view. On my tradingview account it only shows data for uk hours of US open trading data which is 13.30 pm to 9.30 pm
@fxforlife
@fxforlife 6 ай бұрын
Great video
@amgadabdelmalak3381
@amgadabdelmalak3381 6 ай бұрын
You doing great Could you please let me know to trade futures which broker I can use And how much the minimum money for each contract to trade futures Thanks
@NeightDiesel8
@NeightDiesel8 6 ай бұрын
On this video, typically what time frame are you trading on ?
@yanivshmaryahu19
@yanivshmaryahu19 6 ай бұрын
Whats the best time frame to use this strategy? Also , do you wait until the candle finish and than enter? Thank you so much
@mikkolaine23
@mikkolaine23 6 ай бұрын
1 min. And yes.
@Citekww
@Citekww 6 ай бұрын
i have question what stock you usually look at, for example SPY, Tesla, AMD, NVDA, Meta,and Apple ? for exemaple 6 windows and looking at one and see what is best setup ?
@adaopincaro4342
@adaopincaro4342 5 ай бұрын
I would like to understand.every day I'm checking the pre market?
@davidnoel3996
@davidnoel3996 6 ай бұрын
Why would you not trade Friday after 1st failed set up? Does it generally fail to set up throughout the day, have a higher failure rate, or just your personal preference?
@rajithaindrajith7215
@rajithaindrajith7215 6 ай бұрын
Thanks a lot ❤
@spongebob9956
@spongebob9956 6 ай бұрын
Do you think the pattern in stocks like Tesla are more tradeable and clear than the stock index futures
@stanmanmedia
@stanmanmedia 6 ай бұрын
Great videos. Just found your channel. Are you trading stock or options? And if it's options, which ones do you trade? The closest weekly for the stock?
@realMDizzy
@realMDizzy 5 ай бұрын
I was wondering the same. Like did they take a 0dte Friday option or not.
@christianhoggins7151
@christianhoggins7151 6 ай бұрын
I like others are wondering what time frame you're on in this video? Reply gets a subscribe! Probably give you one anyways. Keep coming back to your channel
@christianhoggins7151
@christianhoggins7151 6 ай бұрын
1 minute chart... Could have looked harder.
@ramonramirez7405
@ramonramirez7405 5 ай бұрын
Sorry not sure if you mentioned it, but what is the time frame? 5m?
@24hrstolive27
@24hrstolive27 6 ай бұрын
New to channel and confused once you mark out high and low, what time frame do u look to enter? The 1 minute? 15 minute? 5 min? You didn’t mention which time frame your on entering and exiting
@linlhin5028
@linlhin5028 6 ай бұрын
hi which video u have for holding overnight or more days? for someone that cant trade daily? thank u
@coreyburns7744
@coreyburns7744 6 ай бұрын
Nice strategy👍
@richydubz4302
@richydubz4302 6 ай бұрын
Since TSLA only has options expiring on Friday are you buying calls for the same Friday expiration each time? What Deltas? I've seen so many videos covering this strategy but nothing regarding the options you target and I've never traded on TV before so I'm unfamiliar. I just know you can be simply buying/selling stock w/ those R multiples.
@wifimoneywithjoanna.
@wifimoneywithjoanna. 5 ай бұрын
Hey, but question for you how do you know exactly which candle to return your trades?
@thameralsabbagh7135
@thameralsabbagh7135 6 ай бұрын
Do you trade options or futures in IBKR? Or just normal stocks leveraged?
@alonzomiller8600
@alonzomiller8600 6 ай бұрын
Question, what timeframe chart are you using for the backtesting analysis?
@robertrobin815
@robertrobin815 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?
@BarbaraD.Simons
@BarbaraD.Simons 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...😊
@MarkThomas347
@MarkThomas347 6 ай бұрын
Investing in crypto/forex is a good idea, a good trading system would put you through many days of success.
@user-ik3vn7lj9b
@user-ik3vn7lj9b 6 ай бұрын
Interesting. I have a lump sum doing absolutely nothing at all in my bank account, I wanna get something started with it. You seem to be doing excellent for yourself, how do you achieve this?
@user-gm8sj7gj9x
@user-gm8sj7gj9x 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.
@mark45427
@mark45427 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
@lyonn4535
@lyonn4535 5 ай бұрын
Is this strategy work on forex?
@goldfarms4926
@goldfarms4926 6 ай бұрын
Scarface good morning, can i use these strategies to trade futures on binance?
@icdattcicdattc3469
@icdattcicdattc3469 4 ай бұрын
Is this options trade? Or stocks?
@Dave00147
@Dave00147 6 ай бұрын
What are your actual trades? Ie, are you using stock with a stop loss set at $1000 (eg, 1000 shares at a $1 move)?
@sundaymoses-vh1jv
@sundaymoses-vh1jv 6 ай бұрын
Pls how do u mark the premarket high and low and which time-frame are u using
@sanjaysah1456
@sanjaysah1456 6 ай бұрын
PM 4AM -9:30 AM He uses 1 min time frame
@andreap795
@andreap795 6 ай бұрын
This video is golden omg😮
@chrisc9997
@chrisc9997 6 ай бұрын
What trading platform are you using to get the risk to reward ration in these trades?
@-mr3puttz-310
@-mr3puttz-310 6 ай бұрын
What kind of size is he using? Would help if mentioned so we could gauge for account size
@geezerjack
@geezerjack 6 ай бұрын
Pardon a stupid question from a novice. Do you go back to the previous week and analyze what happened in the past. Your video makes it seem like you are making the trade in the current week. Or am I missing something?
@rombusworkmoney22
@rombusworkmoney22 6 ай бұрын
What's the average win rate that you get with this approach?
@upinoyatbp.5165
@upinoyatbp.5165 6 ай бұрын
Bro how much leverage are you using and what broker are you using for this trades?TIA
@TRIZZZ70
@TRIZZZ70 6 ай бұрын
Does anyone know the name of the video he spoke about? “More detailed video”
@Ed.The.Trader
@Ed.The.Trader 6 ай бұрын
Does this strategy work on futures or is there another strategy for that?
@shivamurthy3545
@shivamurthy3545 6 ай бұрын
we in indian markets do not have pre market levels , any substitute for this pls
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