I Found The SIMPLEST Process To Become A Profitable Trader in 2024

in the beginning of my now 8 years experience as a full-time Trader I spent years jumping sources trying different ways to become a profitable Trader and ironically it felt like the more information that I learned the more confused I got but after 3 years of this I finally had my big aha moment in my trading and strategy where I completely stepped back approached it in an entirely different way that finally allowed my trading to take off I found it way more productive to approach the markets in a systematic simple repeatable process where I find key areas of high opportunity in the market to be able to take several trades a day which allows me to continue this process to compound those gains over time and create an income machine for myself for example in one of my last trading sessions I found my key areas to buy in based off of my system rules that allowed me to play into the movement of the market and strategically take profits at Key areas of the market to lock in several thousand of profit in a single trading session and the best thing about this is I can set this up during the day follow my simple trading session checklist and then let the trades completely manage themselves so in this video I'm first going to explain to you that aha moment and show you a checklist infrastructure that you can follow to make sure that you're starting at that point and you're not wasting years of your life the way I did then I'm going to show you tons of real world examples of me taking these trades and what exactly I'm looking at when I enter so that you'll be started off on the right foot and hopefully be able to start applying some of this to your own trading okay so if that sounds good make sure you hit the like button on the video subscribe to the channel if you like trading and investing and check us out on Instagram and Discord we have an amazing trading Community okay so in order for us to understand the exact route to profitability I'm going to show you my aha profitability strategy stry which is a five-step process you can basically apply to any trading strategy to be able to waste zero time and keep yourself completely dialed in and have the fastest path to profitability so after 8 years of trading no matter how you cut it this is exactly what you need to know in order to be successful if we boil trading down to its simplest form all we're trying to find is repeatable patterns over time where we quantify two major things the first being our average risk reward ratio so if we're risking $100 to make $300 that would be a 3 to1 risk reward okay the second thing is going to be our average winning percent so when we make those decisions in the market what percentage of the time are we making the $300 and what percentage of the time are we losing the $100 and you'll notice there's different combinations of these risk rewards in winning percentages that will put you in a loss Break Even or profitable State okay so if you're risking $100 to make $100 you need to have a 50% win rate to break even and then anything over 60% is going to put you in a profitable state if you can find situations in the market where you're risking $100 to make $500 and you can be right even 20% of the time you're still going to be in a profitable State risking 100 to make 400 20% will break even so this is going to give you all the possible combinations but realistically this is all we're looking for in the trading world so this is the checklist of things that we need to do in order to do that okay so first thing that we need to do is find a repeatable pattern and observe it so say for example we're able to find big areas where there's a push in the market followed by a pullback and then a continuation based on certain indicators and Strate strategies this can put us in a position to be able to buy in here close the trade out for full profit here while quantifying our risk down here okay once we notice a repeatable pattern in the market the next thing you need to do is set your initial rules based on the observation okay so enter when you see this and set your take profit here and stop loss here all right and by setting up this rule system you're able to isolate variables and figure out what's working and what's not this is where most people completely screw this process up okay so people have an idea they see it works over a little bit and then they start trading it with real money or trying different things or one of the biggest ones is people will try a system in the market it'll stop working they'll hit save five trade losses in a row and then immediately go to tweak their system and they're not following the next steps of the system that I'm going to show you which is exactly why this is probably the key to profitability okay you don't want to do that that's how you're going to waste a ton of time and this is the sort of Rat's Nest that people end up putting themselves in when they're learning trading you want to stay away from that you need to go based off of data only and you need to completely remove the element of guesswork in this process okay the fourth thing is going to be to test and collect data this is an example that I did here testing a Solana scalping system and in this first round of testing you really don't need to collect so much data you just need to get a general idea of if the system's going to work and also keep track of the risk factors so whether it's a 3 to1 risk factor 4:1 5:1 you can just take note of this when you see this on your trading view chart so for example over this period of time which was 2 days I had a total of 41 trades 21 losses 20 wins so actually lower than a 50 % win rate but considering that we have a higher risk reward okay we ended up nine risk factors okay so looking back to our table these right here are going to be our risk factors so say we were risking $100 on this system over two days risking $100 we'd be up over $900 following this system okay this system isn't fully developed yet but this is something that we're working on so make sure that you're staying tuned in the Discord we're going to be updating you guys as well but this is just an example of back testing okay so once you test and collect the data you go back into there and see if you can start adding things to remove some of the losses and keep the winner so once it's profitable this process starts over Where You observe patterns and then you go through the same exact process again until you feel like you've refined it to the point where you're not making any progress and you can't think of any way to improve it and maybe it's the most profitable system in Your Arsenal so then you decide you want to move forward with this system okay which brings us to step number three this is going to be something called a bar replay test now it's a little bit different than just going on the chart and finding these pattern setups because now instead of just trying to find these setups once we see the entire complete chart we're actually bringing the bars back to a period on the chart where we don't remember what happened and playing these forward to test our decisionmaking to get an idea of what the more realistic results of us finding these trades in real time and taking them would be so after you see the profitability of that system this is where you want to take it to the next layer of testing which is going to be you actually trading this but on a paper trading account so that you can practice executing these trades with whatever exchange you're trading whatever type of instrument that you're trading to be able to see if these theories are still holding true when you put this into practice okay keep in mind it's normal to have diminishing returns on this process so what looks really good conceptually looks slightly less good when you bar replay slightly less good when you go to trade it on paper and then when you go to trade in the real markets it's also going to be slightly different but the goal is to have a Guiding Light so that we're not wasting time bouncing around random ideas that don't actually work wasting money wasting time ultimately leaving you in a really frustrating situation and then assuming that this process is still working for you this is where step five comes in you set a starting balance up on your trading you pick a scaling strategy maybe you saving up some capital and you start actually trading this in real sessions and then once you move into actually trading this or even on your paper trading trials this is the trading plan that I follow on a daily basis which has my journaling down here for me to keep track of all the trade inputs that I do as well as this daily checklist of things to follow and make sure that we're following all the rules of the trading session and so the system that I'm going to be showing you today has been through this process and rigorous data testing as well as put into practice in the real world so let's get into the fundamentals of the system that I trade most of the time that's been through this vigorous testing process so the whole goal of this system is to be able to find a new trend in price like this wait for small pullbacks in the market wait for a few indicators to give us a Buy Signal and then we enter on these dips allowing us to play into the continuation of this trend and you can see all of these examples here would be the trades that would be entered based on the system criteria so you can see over about 6 hours worth of time we could have taken four full profit trades just trading one Trend in the market and this is the exact thing that our private team members as well are working on you can see went 4 for four some with the smart alert trades which are the trades that are automatically put out on our Discord based on trading algorithms which is really cool you can see blue on a Solana strategy got 9x on one trade by holding it so basically nine risk factors so risking $100 made $900 in profit okay and the goal with this is to follow the session checklist track your data so that you know exactly how you're performing so there's three main tools and indicators that we're going to need before I start showing examples of these trade setups okay the first is going to be a custom indicator that you can get in the aneva trade trading Suite in the description of the video okay it's one link it'll give you access to a whole notion sheet with all of our tools but it's going to be called the inevit trade Foundation indicator and what this is going to add to your chart is a 2050 and 200 day exponential moving average you'll also see these gray patches here which is going to show us the time where the New York Stock Exchange opens this is when the market tends to whip around and act crazy okay the next thing that we're going to need is a custom FIB which you can set up on trading view here by clicking on FIB retracement going into your settings and adding all of this criteria so that's going to give us a fib setup like this and then the third thing that we're going to need is this custom calculator that we designed for you guys so you'll see you have your entry price here which is going to be this value okay this dip by one will be this level dip by two is this value stoploss right here and the takeprofit value right here so now let's get into a real world trade example where I'm first going to show you my mindset into the setup then I'm going to show you me executing this in real time so you know that I'm not just saying these things after the fact and not actually doing them and you'll be able to see the thought process behind my strategy there are some extra details about this system okay I'll link that at the end of this video so first thing that I'm going to do is go onto my trading View and switch to a 3 minute time frame which means that each of these candles is showing me 3 minutes worth of price data the second thing that I'm going to do is wait for these gray zones and use this horizontal line tool to Mark the highest that the price went during this gray Zone as well as the lowest point and then all I'm doing is waiting for the candle to either break out and have a candle close over this high or over the low here for me to pick the rough general direction that I want to try to trade the trend in for that session okay so you'll notice this was our high Mark we got this candle to push it but not break it then we finally got a high point here to break out before getting a selloff in the market so generally I knew that I wanted to trade the market to the upside so the next thing that I'm going to do is wait for all of my moving averages to be moving in the right direction now I chose the lowest point on this overall trend to play the pullback in this move here but a rule of thumb that I like like to follow is at least find the most recent pullback underneath before all the moving averages were layered on top of each other which turns them all green so the next thing that I'm doing is waiting for a significant pullback in the market clicking along this high and going back down to our low Point here okay and as this trend continues to move up you'll have to keep readjusting your FIB but eventually you'll get a deep enough pullback for you to actually be able to start entering these positions okay so in this situation you see the price comes down breaks through this entry I think in this situation I actually got a little bit lower of an entry I think I entered somewhere around this point and the price chops around sideways for a while okay once we get back to the entry Zone this is where we're going to be plugging in these values on our calculator so if this is a long example we'll click on the long button here we'll put in the account size that we want to start with so say you're trading with $1,000 you'll put this value here which is 138. 5 one you put all of your dip by levels as well as your stop- loss value and your takeprofit value and that's going to show you exactly how many quantities to buy at each point and what your expected profit on the trades should be okay so if we play the trade forward you can see it chops around our entry Zone here so right now our take profit is up here we have an average price here and our stop loss underneath this local low on the trend so if this completely breaks Trend and stops trending in the direction and cuts through all of our dip by levels we're going to have a calculated Max risk at this Zone and a little bit closer towards the end of the video I'm going to show you some extra things that I look at to really really make sure that I'm avoiding these losing situations and picking the best setups okay but as you're going to find out this system you can find a bunch a bunch of Trades during the session this is how the people on the private side of the team are scaling the accounts at the rate they are and how I'm currently on a 23 win streak with this system which has essentially allowed me to almost double my entire trading account of about $20,000 okay so trade continues to move up comes back down to entry almost fills our secondary dip by level but misses so we're still only in at our average price okay then you'll notice the price comes up perfectly takes us out for full profit right at our 1. 27 two level before reversing this is the power of doing back testing we figured out what the most probable areas on these Trend continuations will reach before turning around and we based all this off of data instead of just something that we're thinking in the moment which has allowed us to take profits at completely perfect levels so if we look at this trade once again happening in real time we get in a little bit underneath our first dip by level almost gets us filled on that secondary dip by level starts trading sideways and then once the London session opens okay we got increased volatility price started moving up you see we're up $1,100 1,300 ,500 and then pushes up over our takeprofit level for about $1,700 okay and this trade happened in a matter of several hours so just by following the trend I was able to make $1,700 fairly quickly and that's what I love about this process so let's take another look at an example on a Solana trade this is also a you'll see we have a broken Trend fresh move to the upside I have all my analysis drawn here where I just entered into the market right here price dips down into our first dip by level and then you'll notice this is exactly where the price started to flip so as soon as our dip by level is achieved now our new takeprofit is going to be moved down to this Zone and you'll see we're up $800 $900 at this point all right we were able to close that trade out for right around $1,000 just off of this small Market move right here okay so the way we've set this calculator up and done all of the math is now our new takeprofit is going to move from this point down to this point so if we look at our previous salana trade for example if this candle had moved slightly down lower and been able to fill us on this first dip by level our average price would go from starting from here to moving somewhere around here and now our take profit would be right around this area so all the price would have to do is reverse a little bit come up to this Zone and be able to get us out for full profit okay so this is the basics of the system what I was going for in this trade was actually taking the original takeprofit which would be up here but having more size down here so if that had have been the case instead of making around $1,000 I probably would have made around $5 to $6,000 within a couple hours time this is really the power of the system and what drives me forward to be able to test this data and be really motivated is the fact that I can potentially make more than what most people make in a month in 2 hours just by mastering this process so it's really exciting this is why we love trading okay and then the same thing had this have moved down to this dip bu zone now our average price would move down to here our take profit would move to here and all we would need even if this completely reversed and changed directions is for a small move to the upside to be able to get us out before coming down to this Zone which is why what I'm going to show you a little bit later in the video is going to be so important because we're going to want to really really increase the odds of us getting that bounce to get us out of the trade to avoid some of those losses so now that you understand how the system works let's go back over to the daily planner this is going to be the added confluences I was talking about to increase the chance of having a good win rate so after I do my pression analysis which I explain how to do in a video that I'll link in a card right here when 11:30 rolls around in our New York session ends I'm going to click on this and I'm going to open up my trading session TCL checklist and this list not only is going to show me all of the steps that I just showed you but also give me a systematic approach to finding confluences and ways to find the best setups on maybe similar charts all right so we marked the high and low of our New York session smart alerts are the alerts in our Discord these trade ideas once you learn how all of this works to be able to use the smart alerts to find these setups as well I'm not going to get into that right now okay and then determining the best price action on the watch list I have a list of coins that I like to trade now I'm trading cryptocurrency so I keep all of my favorites on this one list but as we get Trends in the market like this one that we just traded there's going to be a lot of pairs that have very similar moves because most of them are going to follow generally the same pattern as the session trades the whole goal of this is to use added confluences to be able to take the best trade setups we can find so one of the big ones that I focus on is making sure I find trends that have choppy price action if we look at this move in the market this doesn't really have a lot of back and forth it's just a really sharp move to the downside which often times is going to completely Whiplash in the other direction and not really give us that opportunity to be able to have these bounce points to get in and out of the market okay if we look at this trend over here we have all sorts of back and forth movement on this trend which gives me the confidence that even if this doesn't pull down and continue to move up to my takeprofit that the following price action will somewhat mimic this price action and allow the price to be able to chop in and out and also get us out for a full profit trade okay another thing that I like to look for is whether or not something called a Fibonacci retracement is going to match up with the previous price action on the trend so if I click from this low point up to my high point okay you can see we have these key levels here 61.

8 78. 6 38. 2 23.

6 and our zero level okay what I really want to see is the previous technical analysis matching up with key levels over here so you can see on our 50 level we got a response we got heavy resistance in this point where the price bounced off my 23. 6 value which is indicating that moving into the future we should be able to get a significant bounce point off of our 61.