95% Win Rate Trading Insights

Aug 5, 2024

95% Win Rate Trading Strategy

Introduction

  • Aims to teach a trading strategy with a 95% win rate.
  • Applicable in any market and any time of day.
  • Discusses common lies propagated by trading gurus.

Personal Experience

  • Initially felt overwhelmed and stressed as a trader.
  • Self-worth tied to trading performance; experienced high stress on bad trading days.
  • Reflected on past profitable trades:
    • Successful trades involved scaling in and trusting personal intuition.
    • Despite following conventional wisdom, real success came from personal strategies.

Transition to Success

  • From struggling to making half a million dollars in 6 months.
  • Current capability of earning over $100,000 a month.
  • Key to success: breaking free from conventional beliefs.

Importance of Understanding Lies in Trading

  • Identifying real vs. fake information is crucial.
  • Lies can lead to poor decision-making and hinder trading progress.
  • Common pitfalls include:
    • Overtrading
    • Revenge trading
    • Over-risking
  • Many traders feel stuck due to misconceptions.

Key Misconceptions in Trading

  1. Risk Management
    • Common advice: always risk 1%.
    • True risk management should focus on making money, not just avoiding losses.
    • Red folder news days can create volatility; traders often avoid them incorrectly.
  2. Trading Psychology
    • Psychology isn't the main issue for struggling traders.
    • Focus should be on developing a strategy and edge rather than stressing over mindset.
  3. Mechanized Trading
    • Many believe automated strategies will save them effort.
    • True mechanical strategies often require larger capital than new traders have.
    • Emphasizes developing intuition over seeking a "robot fantasy" of trading.

Overcoming Common Lies

  • Be Formless: Adapt advice to personal circumstances.
  • Trust Yourself: Rely on intuition; don’t rigidly follow others’ strategies.

Conclusion

  • For serious traders wanting clarity: apply to become a funded trader in 12 weeks.
  • The aim is to provide direct support and guidance based on extensive experience.
  • Encourages viewers to subscribe, like, and engage with future content.