Summary of "This Scalping Strategy Works Everyday (Stupid Simple And Proven)"
The video presents a straightforward and proven scalping trading strategy designed for consistent daily profits with minimal time investment (under 90 minutes per day). The strategy is beginner-friendly and focuses on clear entry, stop-loss, and take-profit rules to eliminate guesswork and emotional trading.
Main Financial Strategies and Methodology
Step-by-step Scalping Strategy:
- Mark the High and Low of the First 5-Minute Candle (9:30–9:35 a.m. EST):
- Use TradingView’s trend line tool to draw the high and low of this candle.
- This candle is critical because it represents the highest volume and market activity early in the trading day.
- Applicable across stocks, futures, options, forex, and crypto.
- Switch to the 1-Minute Chart and Wait for a Break:
- Monitor for a break of the first 5-minute candle’s high or low on the 1-minute timeframe.
- Important: Confirm the break is not just a wick but an energetic push indicating market control by buyers or sellers.
- Identify a Displacement Entry via a Fair Value Gap (FVG):
- A displacement is a rapid, energetic candle movement creating a gap between the candle body and the previous wick (Fair Value Gap).
- This gap signals strong market participant control (big players or "big dogs").
- Enter the trade at the close of the third candle confirming the FVG break.
- Place Stop-Loss and Take-Profit:
- Stop-loss is set at the base of the candle that broke and closed beyond the high/low level.
- Take-profit is set at a fixed 2:1 risk-to-reward ratio (target is twice the amount risked).
- This fixed ratio helps manage risk and reward consistently.
- Trade Management and Psychology:
- Patience is key: wait for the market to hit the levels and confirm the FVG before entering.
- Avoid premature exits or overtrading; trust the system and stay consistent.
- The strategy works even if the market takes time to reach the target.
Market Analysis and Business Trends
- The strategy leverages the high-volume opening period of the market to identify strong directional moves.
- Emphasizes the importance of market participant behavior (displacement) over guesswork or complex indicators.
- Suitable for Prop Trading Firms, with recommendations for brokers offering discounted proprietary trading accounts.
- The approach is scalable and efficient, demonstrated with examples of making thousands of dollars in minutes trading a single NASDAQ contract.
Results and Proof
- Backtested over a recent month with real trade examples showing consistent profits (e.g., $5,600+ in about an hour of trading over multiple days).
- Demonstrated trades with clear entry, stop-loss, and take-profit points leading to gains from $540 to over $11,000 on single trading days.
- The strategy is designed to help traders pass prop firm challenges by consistently making required profit targets.
Additional Resources and Offers
- Free Trading Community with courses, market outlooks, and resources for simplifying trading and finding consistency.
- Mentorship Program available for intensive, direct coaching with a funding guarantee within 12 weeks.
- Upcoming videos promised with advanced tips to improve win rates and avoid bad trades.
Presenter/Source:
The video is presented by a trader who shares personal results and offers mentorship and community resources. The exact name is not provided in the subtitles, but the presenter actively engages viewers with links to prop firms and trading communities in the description.
Category
Business and Finance