Trading Strategies and Consistency

Introduction

• 8 years of full-time trading experience
• Achieved consistent profitability after 3 years
• Current goal: $3,000 to $5,000 profits per session
• Monthly profits: $20,000 to $30,000
• Emphasis on a simple, focused strategy

Course Overview

• Basics of trading and building a solid foundation
• Importance of understanding high probability conditions
• Risk management: cutting losses and letting winners run
• Creating a systematic approach to finding trade opportunities
• Importance of trading pairs with good liquidity and volume

Key Trading Concepts

High Probability Conditions

• Avoid forcing trades; look for optimal times
• Focus on volatility for opportunities
• Identifying key points for reversals and large moves

Risk Management

• Discipline in cutting losses and letting profits run
• Avoiding confirmation bias and forced trades

Systematic Trading

• Importance of a reliable system
• Avoid creativity during trading sessions
• Executing known rules without modification

Good Price Action

• Avoid unpredictable, spiky candles
• Seek charts with smooth, predictable movements

Golden Foundation Model

Over/Undervalued Indicators

• Using indicators for general market valuation
• Not reliable alone, but useful when combined with other tools

Oversight/Underside Retests

• Key areas where price retests and then moves significantly
• Example: price bounces off a trend line before breaking and retesting

Fair Value Gaps

• Occur when there’s no overlap between the wicks of three consecutive candles
• Price often returns to these gaps

Trading Models

Continuation Model

• Trading with a current trend
• Steps:
  1. Wait for New York session opening
  2. Identify downward trend for upward trade
  3. Find fair value gap and wait for price response
• Use stop losses and fair value gaps to manage risk

Reversal Model

• Trading against the current trend at expected reversal points
• Steps:
  1. Identify upward trend
  2. Wait for trend break and fair value gap
  3. Enter trades at intersections of gaps and trend lines

Real-Life Examples

Continuation Model Example

• Identify trend and fair value gaps
• Place stop loss below fair value gaps
• Trail stop loss with price movement

Reversal Model Example

• Identify trend and fair value gap
• Enter at midpoint of fair value gap
• Move stop loss after swing low break

Advanced Market Mechanics

• Profitable models consider advanced mechanics
• Continuation and reversal models using more detailed strategies

Real Trading Examples

• Examples from trading sessions
• Use of fair value gaps and trend lines for significant profits

Community Success Stories

• Examples from private trading team
• Success in achieving high returns with disciplined strategies

Conclusion

• Importance of key trading opportunities and discipline
• Encouragement to subscribe and learn more from available resources