Complete Daily Trading Strategy - Entry, Stop and Profit

Learn a complete trading strategy with high winning rate from an institutional trader

4.50 (51 reviews)
Udemy
platform
English
language
Investing & Trading
category
264
students
5 hours
content
Nov 2022
last update
$49.99
regular price

What you will learn

Complete winning strategy system with live backtesting

I will show you how to entry, how to position stop loss and how to collect profit

Check the market only 5-10 minutes per day after you master the course

Trade indexes, ETF's, stocks and other assets with a high winning rate

Learn solid trading skills from a trader that works with institutional funds

Learn solid trading management, risk management and psychology skills for trading

Description

Hi

I don’t teach get rich quick schemes or making $1,000,000 in one year

This is a very simple strategy, it has a high potential of profitability when used correctly and also it depends on the assets that you will use.

We are gonna be very careful how we choose the assets that we trade because assets move differently from each other so the strategy will have different settings for some of those assets as you will see. Serious testing will decide that.

We are going to use two indicators at a time and I will show you an extra indicator for more aggressive exits. We are also going to look at the shape of some candlesticks but we don’t do candlestick analysis.

We will only use the daily candlesticks for entry, stop loss and profit taking so you can imagine that the trades will take several days to complete and sometimes even one week Or a little more. The more it takes the better because this means bigger profits and we are going to recycle the risk on other assets as you will see in a specific video

The daily timeframe has higher probability than any other timeframe and can be very profitable if used correctly because is the main timeframe that bankers and institutional traders use.

I do not teach support and resistance, trendlines, price patterns or candlestick analysis. Many years ago I have been testing those and didn’t found too much there. Also I know that serious institutional traders, hedge funds and quants do not use those techniques. They concentrate on what moves price and build their strategies from there.

What I teach in this course is not everything I know about trading. I also do intraday trading, that means I open and close trades in the same day. But that’s another type of strategy and if I find the time and I see interest I will probably make another course with a intraday type of strategy. But I do not teach that in this course.

Content

All you need to know for this strategy

Promo video
Presentation
What is trading about?
Trading assets

Charting tools and platforms

Charting platforms
Charting elements
Metatrader 4
Tradingview

Trading Management

The skill of trading
A trading transaction from A to Z
Trade execution

Trading psychology - part one

The power of consistency
The power of compounding
How to trust your system
The RAS
Cognitive biases part one - the information bias
The best path to mastery

Strategy presentation

Entry buy signal
Stop loss positioning
Profit taking
Entry sell signals
What assets you can trade?
Why some assets have gaps?

Trading psychology - part two

The benefit of hindsight
Curve fitting
Cherry picking
The uncertainty principle
Cognitive biases part two - the confirmation bias
Journaling

Backtesting and improving the system

Recycling the risk
Stop loss reducing alternative
Take profit alternative

Backtesting differents assets

Backtesting SP500 - signals
Backtesting SP500 - testing a new rule
Backtesting SP500 - extracting the data
Backtesting a different index
Backtesting alternative exit
Extracting and comparing data

Advice for the future

How to choose a broker

Screenshots

Complete Daily Trading Strategy - Entry, Stop and Profit - Screenshot_01Complete Daily Trading Strategy - Entry, Stop and Profit - Screenshot_02Complete Daily Trading Strategy - Entry, Stop and Profit - Screenshot_03Complete Daily Trading Strategy - Entry, Stop and Profit - Screenshot_04

Reviews

John
September 4, 2023
Very basic and is more tailored to a beginner with minimal experience in trading. If you are an intermediate trader or an advanced one, skip this course.
Leif
May 28, 2023
A profiting simple system to use if you have a day job or just like to have a lot of free time. Also how to backtest different assets and how make adjustments to the strategy by backtesting. Most important trading psychology is here, - and journaling; - "do it or fail" .
Gursewak
March 5, 2023
Excellent job on explaining the strategy in detail. If you put little time to back test as instructed, which is easy, you will find Alex knows what he is talking about. No fluff straight to the point.
Paul
December 1, 2021
So far a real no nonsense approach to trading which is exactly what aspiring traders need. I'm very impressed already. Reached the half way point and even though its a lot to take in I quite like the detailed explanations in the trading psychology sections.

Charts

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Complete Daily Trading Strategy - Entry, Stop and Profit - Price chart

Rating

Complete Daily Trading Strategy - Entry, Stop and Profit - Ratings chart

Enrollment distribution

Complete Daily Trading Strategy - Entry, Stop and Profit - Distribution chart
4196834
udemy ID
7/21/2021
course created date
9/6/2021
course indexed date
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course submited by