Improve Your Trading With THIS | Scalping Strategy for Beginners

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  • čas přidán 6. 09. 2024
  • Are you relying solely on charts for your trading decisions? It's time to level up your game! In this video, we explain why relying only on charts isn't a pro strategy and reveal the tools and techniques you can use to achieve better results in the market.
    ▫️Is it true that chart trading is an extremely unprofitable activity?
    ▫️Why is chart trading a bad tone for experienced intraday traders?
    ▫️Is it possible to trade using only a chart?
    ▫️What are the advantages of the order book for the intraday trader?
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Komentáře • 7

  • @scottydontpee7229
    @scottydontpee7229 Před 2 měsíci +1

    Perfect information.
    All technical traders need to come to this realization.
    The truth is in the statistics.

  • @janisdabols8
    @janisdabols8 Před 2 měsíci +2

    Interesting video, i do not think trading with only charts is impossible, it just depends on
    -if that is what your strategy says, most people that trade with only charts don't know what they are looking for exactly
    -some just try to trade support and resistance and the market is a lot more than support and resistance
    -do chart patterns work? some times, there is no rule that said they can't be broken, but if you develop a rule based entry for chart patterns you can make it work
    There are alot of ways to view the market, there is no just one way to success in this profession

    • @scottydontpee7229
      @scottydontpee7229 Před 2 měsíci +1

      1.1% of retail traders (chart traders) make more than $290 a month.
      This is because technical strategies are discretionary.
      Systematic strategies are not, that's why they use those at prop firms instead of subjective strategies with very little chance of making money.

    • @SmartSkilledTeam
      @SmartSkilledTeam Před 2 měsíci

      @@scottydontpee7229Absolutely agree, modern market is made on such a way that a very small percentage of traders can only make money from making such decisions that most traders ignore, trying to use predictable methods for crowd

    • @cscalpen
      @cscalpen  Před 2 měsíci

      True!