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Suggestion How to trade Support and resistance with 80% winrate?

Discussion in 'Free communication on a variety of topics' started by Alexclank, 1 June 2022.

  1. Alexclank

    Alexclank Active Member

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    Strategy that can grow your small trading account to 10x:

    0. Trade must be simple.

    1. Don't trade all of your account balance.
    - if you have deposit of 1000$, you can create 10 accounts for 100$

    2. Try to scale you 100$ account to 10х
    - trade from high probability support and resistance zones that don't have broke and have 2 > rejections.
    - when price go close to that zones and start bouncing (make reversal price actions pattern) make your trade.


    upload_2022-6-1_16-56-17.png

    3. Don't use big RR
    - use 1:1.25 RR, 40% of account stop and 50% take profit
    - you will need to lose 8 trades in a row to lose your 100$ deposit
    - your loses will be down, but your profit will be scale higher

    upload_2022-6-1_16-56-45.png

    4. Use just H1 timeframe
    - you don't need to check your position every minute, just chill out and check just 1 time an hour

    5. Cut loses fast
    - if you see a couple of candles closed above your enter point, you can close it with half of lose, it will be ok.

    Becktesting video from the author of this strategy:


    Rocket Your Win Rate To 80% (3 Secrets):
     
  2. Alexclank

    Alexclank Active Member

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  3. haoglueck

    haoglueck Active Member

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    10x in 1 month, you start with 100, after 1 year 1e12$ = 4.5x Elon Mask
    and this guy is selling his course. :)
     
    sebzhd likes this.
  4. Alexclank

    Alexclank Active Member

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    you need to lose 5-8 times on the beginning to make 10x
    its -800$
    and then you can 2-3 times make 1k from 100$

    -100
    -100
    -100
    -100
    -100
    -100
    -100
    -100
    +1000
    +1000
    = 1200$

    hart to do that psychologically
    but math on your side
     
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