This is how I lose SMALL and win BIG in trading.

Рет қаралды 6,459

11 ай бұрын

In this video I discuss how I manage my risk as a day trader. This video is meant for those who have an understanding of #thestrat . If you don't know what that is you can LEARN FOR FREE below.
#thestrat is one of the few 100% objective strategies in the 'retail' space. Created by Rob Smith, a floor trader at the Chicago Stock Exchange, to solve the problems of mainstream strategies such as: supply and demand (S/D), support and resistance, channel trading, trend trading, moving averages, hurst cycles, ICT, vwap... the list can go on forever.
Rob's Strat Series : • Rob Smith
Free invite to STAT Discord : stratalerts.co...

Пікірлер: 54

@AlexsOptions 11 ай бұрын

I would like to add, this is applicable to ANY timeframe. This scales up to the yearly basis if you really want it to. I also realized I mentioned actionable windows and forgot to talk about them! I'll do so in a future video. Hope you guys enjoyed! Leave a like if you'd like to see more of our private content from stratalerts.com on youtube!

@nogag8219 11 ай бұрын

I know the price is fractal but are you saying that you use Start to trade in 1m TF. isn't 1m TF noisy?

@AlexsOptions 11 ай бұрын

@@nogag8219 as volatility increases we drop timeframes. In the example of AMD we had a weekly move in a day. So the day was a week chart the hour was a day chart the 15min would’’be been like our 60 timeframe and the 1/2/3min would be our entry timeframe. This is stuff you learn when taught #TheStrat.

@THECABSOURHERE 2 ай бұрын

I’m bouta binge watch Alex , shout-out to you and the whole Strat team , like this really is making it simple if u digest n watch and pay attention and have a heart for this skillset…

@Tandyman-Trades 21 күн бұрын

Wow Alex I’m so glad Spencer shared this link with me in the discord. This is an amazing video and not hard at all to digest. This should be required viewing for anyone starting with the STRAT.

@JanCee-fp4ri 10 ай бұрын

Alex! I'm a VIP member of STAT Trading and this is one of the best videos on The STRAT I've seen.. Hope to see more like this and thank you for all you do for the community...

@traderdick703 11 ай бұрын

you covered a lot of ground here in just 20 minutes. Well done!

@danal5813 9 ай бұрын

Great video on trade management and using STRAT triggers. Much appreciated.

@marcusdavis8851 11 ай бұрын

This was well needed. Thnk you

@dimitrios.8244 11 ай бұрын

What is a little misleading about this video (and mostly all other videos related to "the Strat") is that fact that you do not know where the low of the entry bar will be until after it closes but you enter while the bar is still forming. For example: at 10:10 you mention that you would enter as the bar breaks above the high of the previous bar and the low will go below the low of the CURRENT bar (which is still forming). In your video you show this trade as a beautiful winner because you assume that during the 5 minutes that the bar was forming it didn't move below your stop loss and expanded the range of that bar. In hindsight, it looks like it didn't hit the stop-loss but in real-time it can very well do that, stop you out and then continue in the intended direction. It looks great on the chart in hindsight but in reality that same trade could be simply a loser but the whole point of the video is capturing those big winners to pay for the "small" losers.

@jsh111 10 ай бұрын

I think this is a fair point, and would be cool to see Alex address, even briefly in the next video (assuming there is one). I am certain the stop would still be under the current candle's current low, but this is a great reminder the way you cannot back test these without viewing the price on a smaller time frame

@AlexsOptions 10 ай бұрын

We look to enter to confirm the HTF. So if it stops out we wait for a new setup or re enter on the same setup (depending how long they’re in force for) Please watch my most recent video to see how this all works. The signals when done directly as shown should work extremely well or we stop out & move on. Just by the nature of how combinations work and how we do sector analysis we will know how long we have for a break to be confirmed. So some setups we’ll try for a day some setups we’ll try for 3 months to create entries Fully dependent on setups & not every signal will work. The ones that are not confirming or triggering HTFs are the ones you see failing more often.

@AlexsOptions 10 ай бұрын

This is the thing that most people have problems with but that’s because of trading the ‘wrong stuff’. Things that don’t have multiple signals or things that are inside on HTFs. Or after the month is half over, the things not bright green or bright red. Etc Lots more to talk about, this will be its own entire video. What we’re going through now is simply analysis. Once live execution comes in we will be covering how it’s done!

@shayla_breanna 11 ай бұрын

Goal #1: BE GOOD AT LOSING! Lol - thanks Alex - very good topic this week 📚

@VTreehouse 10 ай бұрын

I am watching now and in case anyone else gets confused early on, the first SPY daily hammer candle where Alex says "It's not a Monday, it's a Tuesday" is actually a Monday (August 28th). It's the following Monday that the market is closed for Labor Day (Sept. 4). :-)

@AlexsOptions 10 ай бұрын

Ah sorry! Thanks for the help

@czapskibusinessgroup 7 ай бұрын

So if I'm hearing this correctly, you do a 3 contract entry, take one off the table at T1. Then move your stop to break even and from there look at potentially scaling in as the chart moves on and gives you confirmation signals.

@MrSlash891 11 ай бұрын

Thankyou for sharing with everybody!

@nimasan9198 11 ай бұрын

Thank you again, another awesome explanation. More please 😊

@congamike1 10 ай бұрын

Good stuff Alex! Thanks

@congamike1 11 ай бұрын

Good stuff! Thanks Alex.

@javiercolon9382 11 ай бұрын

Thanks for the Video!

@ryanjoy9284 11 ай бұрын

Love it ! Love it! ❤️🙌❤️

@somedude9018 3 ай бұрын

My biggest problem is how to relate the lower timeframe to the higher timeframes for entries. I think this video helps but still a little confused about confirmation and negation. Help pleasee!?!

@jasondratman5584 11 ай бұрын

Awesome video. I will have to watch a few more times but well worth it. Thanks for your time..as always top shelf quality 😁👍💪not giving up .. have a question . Is the shooter and the hammer on Sara's actionable signals combo sheet ? Thanks

@AlexsOptions 11 ай бұрын

Of course. Shooters hammers rev Strats inside bars all are actionable.

@halfover 6 ай бұрын

Very useful. Thanks

@czapskibusinessgroup 7 ай бұрын

Can you let me know who's indicators you're using for SAR & TFC?

@bches32 11 ай бұрын

Great vid, really helps

@parimalpatel7357 8 ай бұрын

Loved this video. You made it easy to understand. I have one question. If there are no actionable signals in higher time frame ( wks,mnth) but there is in day like hammer, can a trade be taken.

@Bscalps 11 ай бұрын

Hey wait a minute you were actually talking slow hehe. Kidding... Ha this makes all too much sense to me. The reason being is when i watched your other videos about trading BFs you would mention entering a 5r with a stop below entry lookin for the other side of the BF. If wrong taking that small loss. I used that as way to trigger my 30 reversals whoch could go to 60 targets which could trigger us taking out a weekly target. Those areas which id usually have marked off in the charts. I believe thiese areas may be what you refer to as actionable windows. Thank you .. Bizzy

@joelbarras4445 11 ай бұрын

another awesome video

@parimalpatel7357 8 ай бұрын

Currently there are lots of penny stocks that are running making us more money. Can you do this kind of video on this like entering, exiting ,etc.

@catlovers8784 11 ай бұрын

Needed this video thank you

@Real_is_real 10 ай бұрын

Can you make a video explaining the psar

@joshdees 11 ай бұрын

I understand the idea of using PSAR as a Trailing Stop, but procedurally, how exactly would you DO that/ execute that?

@AlexsOptions 11 ай бұрын

Entry. Stop goes break even on exhaustion of signal or when the magnitude of the signal is reached. when PSAR crosses above break even it is then trailed up on the PSAR. Or it is left break even and the PSAR is used as a signal to re-evaluate what current prices are doing.

@tartar28 11 ай бұрын

Hi Alex, thanks for all your videos. They are very helpful. Quick question. If you enter a trade off of the weekly trigger and buy a few weeks out, where do recommend putting your first stop loss? Would it be at the high of the previous day, 50% of previous day, go down to a lower time frame and trail, etc. For instance INTC had a 2 UP that finished red and it was a shooting star as well. I entered when it broke the weekly trigger and then it shot back up. It retraced back to 50%+ of the previous day's candle. Since it's 2 weeks out, would you hold until it breaks the previous days highs or would you stop out at 50%, etc?? Just curious what your rules are that you follow. Thanks!!

@AlexsOptions 11 ай бұрын

Yea. High of previous day is decent. Really, if the day candle goes against you and you shorted the week. If that reversal reclaims the weekly trigger we’d want to be out That’s why when things move we jam our stops up because should they fail we don’t wanna be around to find out why.

@tartar28 10 ай бұрын

Hey Alex, just watched your video again and had a question. When you say add to your position are you typically adding with the original strike price or a different one. For instance in the first entry maybe buy 3 contacts at 444 strike price. In the next entry do you add using the same strike price or maybe get a 445 strike price? Hopefully that makes sense. Also do you you typically enter on the 5m chart? Someone else that i follow enters on the 15m but manages on the 5m so just curious. Thanks!

@AlexsOptions 10 ай бұрын

I use all timeframes. The ones shown are a lower timeframe that is suitable for the volatility that we had seen. Depending on volatility timeframes change. During the open there is a period of high volatility so we look to take lower timeframe signals. The strike depends on what you’re trying to do. If you’re trying to aggressively move into a winning position further OTM strikes with profit from the initial trades as a ‘‘sacrifice’ to the theta risk is a smart move to make. Only if you know the magnitude of that move though, not recommended by me just for consistency’s sake. I prefer to add into the same contract or a further dated contract. Same contract for day trading further dated if I’m looking to swing something.

@cashmoney840 11 ай бұрын

Alex, great lesson! In the spy example, when adding partials (shares), are you adding full position, half, third? Thanks

@AlexsOptions 11 ай бұрын

Depends on the trader

@jennywiltshire7354 10 ай бұрын

Hi Alex, do u think the strat works as well on BTC? The price action just looks different in crypto land.

@AlexsOptions 10 ай бұрын

It does but you have to be patient through the extremely long consolidations (mini broadening formations) When the monthly / quarterly signals start setting up it’s a lot better to trade. Then use my recent video to do the top down analyais

@joshdees 11 ай бұрын

Partials dont make sense to me, as I am only buying 1 contract at a time right now

@AlexsOptions 11 ай бұрын

This is how I do it.