Summary of "made $4,000,000 trading in 2 days… and i don’t sell a single thing"
Summary of Key Financial Strategies, Market Analyses, and Business Trends:
- Focus on Precision and Skill Development: The presenter emphasizes that beginner traders should prioritize mastering precise entries, chart marking, and understanding market structure over simply trying to make quick money. Skill improvement leads to better setups and larger, more confident position sizes, which in turn generate consistent profits.
- Long-Term Trading Mindset: Trading is framed as a long-term endeavor requiring patience and a strategic approach to market trends rather than chasing short-term gains. The presenter trades major indices like NASDAQ, gold, and S&P 500, which have consistent long-term upward trends. Understanding market psychology and price action is crucial for sustainable success.
- Chart Analysis Methodology:
A step-by-step approach to finding trades is shared:
- Identify swing highs and swing lows as the base for analysis.
- Recognize where buyers and sellers are positioned by observing price rejections at key levels.
- Look for lower highs and lower lows to anticipate reversals.
- Understand that not every price movement is tradable; wait for setups that align with market structure and trend.
- Trading Psychology and Preparation: Trading is likened to a fight or sport where preparation and mindset are vital. One must be mentally trained and disciplined to handle drawdowns and market volatility without emotional reactions. Rewiring the brain to think differently about trades is essential.
- Personal Experience and Authenticity: The presenter shares a personal journey from hardship (homelessness, bullying, financial losses) to making millions through trading over nearly five years. He stresses that his income comes solely from trading and affiliate marketing (specifically with the broker Liquid), not from selling courses or mentorships.
- Transparency and Helping Others: He openly posts trading results and profits to inspire and educate, rejecting the common influencer model of selling courses or signals. The motivation is to genuinely help others avoid pitfalls and succeed long-term.
- Business Trend Commentary: The presenter critiques the common industry practice of mentorship/course selling and prop firms, highlighting that many influencers rely on these rather than trading profits. He positions himself as an exception who makes real money trading and supports others without monetizing education aggressively.
Step-by-Step Trading Setup Guide:
- Start with identifying swing highs and swing lows on the chart.
- Determine the base level where price is currently moving; no need to look too far back unless necessary.
- Observe price rejection at key levels to locate sellers and buyers.
- Look for the formation of lower highs and lower lows to anticipate trend reversals.
- Mark potential reversal zones where price should not break above (for bearish setups) or below (for bullish setups).
- Understand market structure before entering trades—don’t trade every price movement.
- Wait patiently for setups that align with this analysis and execute trades with precision.
- Manage position size based on confidence in entry quality and market conditions.
Presenters/Sources:
- The video is presented by a trader known as "Sai," who runs Instagram pages "Trades by Sai" and "Only Payouts," and a Telegram channel "chart wizard."
- He is affiliated with the broker Liquid and is recognized as a prominent figure within that platform.
Category
Business and Finance