My SIMPLE Day Trading Strategy Made Me $30k/Month (Full Guide)

0:00Over the past 8 years of full-time

0:01trading, I've tried a ton of different

0:03strategies, and it took me three full

0:04years to boil down a process to actually

0:06become consistently profitable. Looking

0:08forward to now, in a single trading

0:10session, I can set myself up for $3 to

0:12$5,000 profits multiple times per day,

0:14allowing me to have 20 to $30,000 profit

0:17months like I just documented in the

0:18last month. This isn't done by having an

0:20overly complicated strategy or trying to

0:22trade a million different things. This

0:23is done by having one simple strategy,

0:25following a model, and focusing on the

0:27right things. So, in this video, I'm

0:29going to take everything that I've

0:30learned over the past eight years of my

0:31trading that allows me to execute on the

0:33simple strategy that you'll be able to

0:34learn and use to start making money.

0:36Then, I'm going to show you real

0:37examples of trades using these

0:39strategies that I'm going to show you in

0:40this video so that you'll have a

0:41profitable strategy that you can

0:42understand, practice that you can start

0:44using to make consistent profits. So,

0:46this is going to be a course on the

0:48exact steps that we need to take to

0:49actually be able to set yourself up to

0:50have a repeatable process you can follow

0:52each day to have these money-making

0:54opportunities. And it's not as

0:55complicated as you think. All right. All

0:57right. And the first important thing to

0:58do is understand the basics of trading

1:00and have a solid foundation before we're

1:02diving into all of these things. It is a

1:03complicated world. There's a lot of

1:05nuances in the trading space. So, we're

1:07going to be covering the basics first

1:08and then we're going to get into more

1:09advanced topics in this strategy that

1:11we've been able to develop over the past

1:13couple years. Okay. So, first thing that

1:14you want to focus on is trying to find

1:16high probability conditions in the

1:18market. This is going to start making

1:19more sense in a second, but what it's

1:21important to focus on is we're not

1:22trying to force trades. We're not trying

1:24to enter at any point in the market. We

1:26need to find high probability conditions

1:28that are going to set us up in a

1:29position to be able to have really good

1:31opportunities. Okay. The second most

1:33important thing to focus on when it

1:34comes to the basics of trading is having

1:36a process to be able to contain your

1:38risk and allow the winners to run. So,

1:41one of the biggest things that will hold

1:42you back is not being disciplined enough

1:44to be able to cut your losses small and

1:46also having the discipline to be able to

1:47let your winners that are moving in your

1:49direction making you money continue to

1:51run in that direction. Often times

1:52you'll hear people say, "If there's

1:53profit on the table, take it." And

1:55another common thing is just holding

1:56positions so that you don't have to

1:58actually take a loss. These are things

1:59that are hardwired into our brain as

2:01humans that we need to learn to flip in

2:02trading. So really focusing on

2:03containing risk is one of the biggest

2:05things that's going to make or break

2:06your trading career. The third thing

2:08that's extremely important to focus on

2:09is to have a solid system and not force

2:12trying to find trade opportunities. If

2:14you set daily goals for yourself, as

2:16many traders do, you'll try to force

2:17finding these opportunities and fall

2:19into a trap that's called confirmation

2:20bias, where you're going to try to

2:22convince yourself that there's

2:23opportunities that aren't there. if

2:24you're hungry to make money. So, we have

2:26to focus on this exact strategy

2:28systematically and let the trades come

2:30to us. Okay. And then the fourth thing

2:31is finding actual pairs with good

2:34liquidity and good volume that's going

2:36to give us an opportunity to be able to

2:38smoothly get in and out of the market.

2:40So, let's dive a little bit deeper into

2:41these critical concepts of day trading

2:43so that we approach this properly.

2:45Right? So, what is a high probability

2:47condition? Okay. often times the

2:48conditions in the market are not

2:50necessarily optimal to try to take a

2:52position. When price is sort of chopping

2:54around aimlessly and isn't either an

2:55extreme high or an extreme low. If we're

2:57forcing trades and we're not being

2:59patient, this can be an area where

3:00there's a lot of confusion and a lot of

3:02forced trades and not in areas where

3:03we're likely to have big moves either up

3:05or down, which is going to present

3:07opportunity for us. All right? And this

3:08ties directly into being able to contain

3:10our risk and allow winners to run. When

3:12we're taking trades in the market, we

3:14actually want to play into volatility,

3:16which means big moves up or down in the

3:18market, which is going to allow us

3:19individual trade opportunities. There's

3:21not really going to be many

3:22opportunities in this sideways chop area

3:24to have expansive upside and contained

3:27downside because it's mostly just

3:29consolidation in chop. If we look at

3:30this for an example, if we're able to

3:32identify key points such as these, we

3:34can position ourselves so that we're

3:36risking a contained amount in an area

3:38where we're likely to get a reversal in

3:40a large move up to allow a big reward

3:43but a small contained risk. And this

3:45plays largely into actually having a

3:47proper strategy to put us in positions

3:49and to be able to identify these key

3:51areas where we could expect big moves to

3:53come out of it. And one of the most

3:54important ways to not enter the market

3:56during these bad periods and only

3:58selecting these high probability times

4:00is to have a system that we trust and

4:02once again not trying to force these

4:04individual trades. Okay. Oftent times I

4:06would get into sessions and I see this a

4:08lot of times with other traders too and

4:09I would start thinking about okay I got

4:11to try to find an opportunity or what if

4:12this happens or I think this is going to

4:14happen so I'm going to change my

4:15behavior. This is a very important thing

4:17to remember with trading. This is

4:18something that I quoted from a

4:20institutional level trader. All of the

4:22thinking was done in the back testing.

4:24Okay? So when the system was being

4:25developed, that's when you were

4:26thinking. Now we need to go and focus on

4:29following the rules rather than trying

4:31to be creative in the session. The more

4:33times you're coming up with ideas on the

4:35fly, the more changes you'll have in

4:36your strategy and the more we can't

4:38predict the end result because we're

4:40modifying all of the things that we

4:41tested that we know to be true and

4:43profitable. So we're not going to be

4:44thinking during sessions. We're just

4:46going to be focusing on executing and

4:48following the rules that we already have

4:50and know work. And with all of these

4:51elements considered, we have to focus on

4:53pairs that are going to allow us to get

4:55in and out of the market, and it's going

4:57to give us something called good price

4:58action. Now, price action is any

5:00movement that we're seeing on a chart.

5:02So, when we see charts like this where

5:03we have weird candles, spiky,

5:05unpredictable price action, this is not

5:08going to be something that we want to

5:09get involved trading because we're not

5:10going to be able to get into the market.

5:12We're not going to be able to easily

5:13anticipate where the price is likely to

5:15move or not. It's going to be almost

5:16impossible to trade these, especially as

5:18we start increasing with more size.

5:20Conversely, if we look at good price

5:22action, right, notice how all of these

5:23candles are very, very even. There's no

5:25crazy wicks. Everything is predictable

5:27and moving nice and smooth. This is

5:29going to allow us to do good analysis,

5:31be able to actually get in and out of

5:33the market, and have predictable,

5:34reliable price action that we can start

5:36building these models out on and getting

5:37key areas to react the way that we want.

5:40So, having good liquidity and good price

5:42action is going to be a critical part.

5:43And I'm going to show you some of the

5:44pairs that I use, but also just how to

5:46generally look for this on the chart,

5:48okay? and considering all of this

5:49information to make sure that we're

5:51starting off on the right foot. I want

5:52to show you the golden foundation model

5:54that I use in my trading that's going to

5:56set me up in these really really good

5:57high probability areas where we're

5:59cutting out 80 to 90% of the bad ideas

6:02just by following this one thing. So the

6:04first thing that I'm looking at in

6:05general that you can start applying is

6:07using an indicator which I'm going to

6:08show you a few options where we can see

6:10whether the market is considered

6:12overvalued or generally undervalued.

6:14This isn't something that we're going to

6:16make full trading decisions on. A lot of

6:18people when they get into trading,

6:19they're just like, "Oh, if I sold here

6:20and bought here, I'll be able to make

6:22infinite amounts of money." That's not

6:23how it works. You can see we were

6:24considered undervalued here and price

6:26continued moving down. We can't use this

6:28by itself, but we can use it in

6:30conjunction with other things to be able

6:32to start off in a good foundation. It's

6:33starting off in areas where there's

6:35indications of being overvalued or

6:37undervalued, okay? Can be the first step

6:39of generally getting the right idea of

6:42where to go with our trade idea. Okay.

6:43The second thing in this golden

6:45foundational model is something called

6:47an oversight or underside retest. And

6:49this is probably one of the most

6:51important anomalies in trading that I've

6:53been able to figure out and that I

6:54follow and apply to basically every

6:56strategy that I use. Okay, these ones

6:58and other trading models. How this works

7:00is as we're seeing a chart making its

7:02move, there's going to be these key

7:03areas where price continues to bounce

7:05off of. That's what's considered a low

7:07part of a trend. Okay? And what often

7:09times will happen is you'll get contact

7:11here, contact here, contact here. Then

7:13eventually price is strong enough to be

7:15able to break out of that what's called

7:17resistance. Breaks up above it. And

7:19basically what this is saying to the

7:20market is there was not enough demand to

7:22break out of this level. Now there's

7:24enough demand to be able to push through

7:25that area. And often times what will

7:27happen is price will eventually come

7:29down retest the opposite side and that

7:31will be the last exact point before an

7:33absolute explosion in the market, an

7:36explosion in price that used in

7:37conjunction with the trading model is

7:39going to put you in amazing

7:41opportunities to have some massive

7:43upside. Okay? And I'm obviously going to

7:44show you some examples of me being able

7:46to execute this on real time. But being

7:48able to leverage these overside

7:49underside retests and starting off in

7:52over or undervalued areas in the market

7:54is going to once again cut out 80 or 90%

7:58of the general noise of trying to just

7:59jump into the market in trading

8:01whatever. These examples can be found

8:02basically everywhere all over charts. So

8:04let's look at some examples in real life

8:06now so that you can understand this

8:07concept. So once again we're seeing

8:09price reacting off of this level

8:11reacting. Notice how we're getting

8:12closer and closer reaction points and we

8:14finally get a big push down which is now

8:17breaking that key level which is

8:18creating this really really amazing area

8:20right up here. Price comes up tests that

8:23key level. Look at how sharply it

8:25responded before making a further move

8:27to the downside. Okay, let's look at

8:29another situation. Okay, so we have

8:31contact price pushes up above that level

8:34responds on the over side of it. It

8:35responds off of that level again and

8:37that's where price starts to get

8:39momentum and make a massive move to the

8:40upside. So, let's look at another

8:42situation. We have a low. We have a low.

8:44Price bounces off of that again. Once

8:46again, coming in closer and closer

8:47contact with it. Finally has a break

8:49underneath it. Notice this really

8:51important area. Price comes up now on

8:53the opposite side of that area and then

8:55continues to make its way down. Okay?

8:56And so, something that's really

8:57important to note is when price tends to

8:59break down or break out from trends like

9:02these, these big moves tend to leave

9:03behind something called a fair value

9:05gap. Okay? And so, what a fair value gap

9:07is is take one, two, three candles. the

9:10first candle's wick and the third

9:11candle's wick don't have an overlap

9:13which leaves this key area which

9:15oftentimes price will come back into

9:17have a response off of this area and

9:19then have a continuation or a response

9:21behind it. We're going to see these all

9:22over our chart and these are key areas

9:24that we want to focus on in our trading.

9:25Okay, so considering this golden

9:27foundational model even this area right

9:29here is generally an optimal area for us

9:32to expect a reversal and we can start

9:33adding extra evidence of that. So, like

9:35I was showing you overvalued or

9:37undervalued periods. This is an RSI,

9:40which you can just type in RSI on

9:41Trading View. And notice as price was

9:43coming back up to test that opposite

9:45side, we were also in an overvalued

9:47area. And then lo and behold, price

9:49comes back down and continues trading

9:50down before making a low point over here

9:52and then having a move up higher. Okay,

9:54so once again, we can't use tools like

9:56these completely independently, but

9:57really focusing on these key areas and

10:00these key scenarios is going to cut out

10:0280 to 90% of the noise and keep us

10:05focused. But in order to get that last

10:0610 to 20%, we need to have our specific

10:09trading models. Okay, so this is where

10:10it gets a little bit more complicated

10:12into the next level. I'm going to go

10:13over some profitable day trading models

10:15that I've been able to set up

10:17considering these elements, but using

10:18more advanced market mechanics. And

10:20we're going to take a look and I'm going

10:21to explain thoroughly how each one of

10:23these works. Okay, so the first is going

10:25to be something called a continuation

10:27model, which is basically finding a

10:28trend that's already moving up and

10:30trying to enter in that trend and play a

10:32continuation. And then there's model

10:33two, which is going to be a reversal

10:35model, which is going to be geared

10:36towards finding a trend that's moving

10:38up, timing a key area where we're

10:40anticipating a reversal, and trading it

10:42either down or up, and playing into

10:44these big swings in either direction.

10:46All right, so let's get into the first

10:47model, which is going to be our

10:48continuation model. So once again, we're

10:50playing into a trend that's already

10:52moving. So, first thing that I'm going

10:53to do is wait for the New York session

10:55to open. This is that gray line here.

10:57This is where trading activity starts to

10:59increase on the New York session, which

11:01is going to open up volatility and

11:02opportunity. First thing that I'm going

11:04to do is identify an area where we have

11:05a trend in the opposite direction of

11:07what we're trying to trade. In this

11:09case, we're trying to trade up. So, we

11:10want to find kind of a downward trend or

11:12an area where price is bouncing off of

11:14it. Next thing I'm going to do is wait

11:15for a significant fair value gap

11:17producing candle to break out of that

11:19trend level, create a local high, and

11:21then have a sell-off. The next thing

11:23that I'm looking at is I want to see

11:24price react off of the oversight here,

11:27as well as the fair value gap that's

11:29produced. You can see high here, low

11:30here. It's small, but it's right at that

11:32same level. And I want to see a key

11:33candle respond off of that area and have

11:36a push upwards as we can see right here.

11:38So entry would be at that first candle

11:40to have a response off of the trend and

11:42the fair value gap. And then what we're

11:43trying to do is trade in the direction

11:45of the trend and walk our stop loss up

11:47so we can sort of ride in the direction

11:49of this trend. Okay. So once again we

11:50have trend direction generally moving

11:53up. We have highs highs responding off

11:55of this key level. Okay. We get a candle

11:57that pushes over this key level

11:59producing a fair value gap. We have

12:00price push come down retest that trend

12:03level and that fair value gap and have a

12:05responsive candle off of that level.

12:07Okay. This is where I would start

12:08building a position. Okay. So I can

12:09click on my entry. I can click my take

12:11profit. Click on my stop loss. Say I

12:13wanted to risk $100. Also, if you want

12:15this onchart indicator that shows you

12:17all of your quantities, you can go in

12:18the description, follow me on Instagram,

12:20DM me the word tools. I'll send over a

12:22whole suite as well as this onchart

12:24indicator, which I love and I use every

12:26day when I'm trading. Okay, so now we

12:27have our quantity that we know we want

12:29to enter in on. So, I can enter in with

12:30that specific amount. Then, the market

12:32starts to move in our direction. So, I'm

12:34basically going to trail these fair

12:35value gaps. So, stop would be here now.

12:37Okay, fair value gaps here. So stop loss

12:40is going on this candle below the fair

12:41value gap. Fair value gap's now up here.

12:43Fair value gap's now up here. So now

12:45we've effectively locked in 10 times the

12:47amount we're risking. We're up $1,200.

12:50Fair value gaps now here. We move our

12:52stop loss up to here. Okay. And that's

12:53where we would end up getting stopped

12:55out. Okay. So you can see even risking

12:57$100 because of finding a specific model

12:59like this. Of course we're not going to

13:00get crazy moves up like this every

13:02single time. But we only need a few of

13:04these to be right to be able to make

13:05$1,200 risking 100. and we can be wrong

13:08say seven or eight different times after

13:10that. Say we're risking $100 and we lose

13:12$800. If we get one of these, we're

13:14still up $400 in total. And that's the

13:17concept of trading is keeping those

13:19risks small, allowing the open-endedness

13:21of your trade models to really come to

13:23fruition and allowing the upside to

13:24basically be infinite. All right, so now

13:26let's take a look at the reversal model.

13:27And this is going to be really similar

13:28to the strategy that we were just

13:30looking at, but sort of in the opposite

13:32direction. So what we're looking for

13:33here is for a trending price action to

13:35make its way up. We once again have

13:37price action pushing underneath a

13:39critical level, leaving behind a fair

13:41value gap that intersects with the

13:42underside of this current trend.

13:44Actually, fair value gap should be drawn

13:46right here, but it's okay. Then, we're

13:47waiting for price to come up into the

13:49intersection point of this fair value

13:51gap and the underside retest that we

13:53know tends to create these flips in

13:55price action off of the trend. And we're

13:56looking to get in anticipating that the

13:58price will end up reversing down, moving

14:00in our direction, allowing us to build

14:02out a position and trade in that

14:03direction. Okay, so let's look at how

14:04this trade would unfold on a real chart.

14:06So we have the trend level developing.

14:08You can see it's about 8 a.m. right now.

14:09So the New York Stock Exchange is just

14:11about to open. We have this trend level

14:13is broken from a candle that leaves

14:15behind a fair value gap. So we have our

14:16fair value gap in there. Price continues

14:18to push down, then starts to come up to

14:20retest. So this is where I would start

14:21building my position. So this time I'm

14:23going to be targeting the midpoint of

14:25this fair value gap as my entry. So I'm

14:27going to click there. I'm going to put

14:28my takeprofit somewhere down here.

14:30That's going to be set a little bit

14:31later. Then I'm going to be finding the

14:32fair value gap producing candle and I'm

14:34just going to go a little bit above that

14:36candle to set my stop loss. So once

14:38again risking $100. And once we get to

14:40that midpoint, we enter our position and

14:42notice how price consolidates right at

14:44that midpoint and then flips back

14:46around. Okay. And this model is going to

14:47be a little bit different because the

14:48next area that we're paying attention to

14:49is this low before our swing high. So

14:52price continues to move. Once we get a

14:54candle close below this swing low,

14:56that's where we're going to take our

14:58stop loss and we're going to move our

14:59stop loss to our entry. So now we have a

15:01zero risk trade and we're going to set

15:03our takerit to 1:4. So we're going to

15:05have 1 to4 set right there. And once

15:07that's achieved, we're going to walk our

15:09stop loss down to trail the last fair

15:11value gap producing candle. In this

15:13situation, we have a swing structure

15:14here. So I'd probably be moving my stop

15:15loss down. But you can do any sort of

15:17risk reduction trend following process

15:19after this. So price does make its way

15:21up and tag that level which locks in a 1

15:23to3. So a plus $300 win. Had this have

15:26continued to sell off, we could have

15:28had, you know, $1,000 plus dollars

15:29risking $100. Okay? So, once again,

15:32finding these critical levels by having

15:33a model, getting that extra 10 to 20% to

15:36be able to put ourselves in positions

15:37where we're risking $100 or in my case,

15:40$500 to try to make three, four, $5,000

15:43with these setups, okay? And I know a

15:44lot of times on YouTube, everything

15:46looks great in theory and people can do

15:48it in hindsight. But what about trading

15:49it in reality? Really doing this. I'm

15:51going to show you just from my last

15:52trading session some of the trades that

15:54I took using these concepts and actually

15:56a few more proprietary concepts that I

15:58take into consideration that we talk

15:59about on the private side of our trading

16:00team. But I'm going to show you what my

16:02thought process was taking these trades

16:03in real time. So you can see we had a

16:05broken trend level here. Heavy

16:06resistance fair value gap produced. So

16:09risking $500. I set up my position.

16:11Notice how the price came into that

16:12level. Now I'm in on a position. We get

16:14our instantaneous reaction off of that

16:17level. And then we break below that

16:18point. So I reduce my risk to break

16:20even. set my takerit to 1 to4. That 1:4

16:23is tagged. I'm up $1,700, risking $500.

16:26Then we get a continuation of a push. I

16:28actually set my takerit as a placeholder

16:30and never moved it. So, I accidentally

16:32got out for $2,600. Obviously, I'm not

16:35going to complain about that, but

16:36normally I would be trend following this

16:37a lot further down. You can see $2,600.

16:40Risking $500 is about 5.5xing my money

16:43that I'm risking. Okay, so let's take a

16:45look at another trade example. So, we

16:46have our trend broken here. Contact

16:49point, contact point, fair value gap

16:51producing candle. Entered at the fair

16:53value gap, reacted off of our trend

16:55level. We almost actually got stopped

16:56out on this trade. Price starts to push

16:58back into my key area. Okay, we get a

17:01break and a close underneath that low.

17:02So, I reduce my risk to break even. I'm

17:04up 2,000. Okay, price continuing to push

17:07down. I set my stop loss over these

17:09consolidated highs. Then, I get out for

17:11about $1,500 in profit. Okay, you can

17:13see even risking $500 on those trades, I

17:15was able to make over $4,000 in profit.

17:18Now, if you watch my live trade videos,

17:19you'll see I actually miss a lot of the

17:21entries and lose quite a bit of the

17:23trades. But when I'm losing, I'm

17:24containing that risk down to $500, $600

17:27and letting the wins turn open-ended.

17:28Okay? And what I'm showing you is just

17:30the tip of the iceberg of what I'm

17:31considering when I'm entering into these

17:33strategies. And these are the exact

17:34strategies and concepts that the private

17:36side of our trading team focus on to be

17:38able to deploy on their own trading. You

17:39can see one of our private team members,

17:41Craig, told us to hold runners, which is

17:43what I've been focusing on myself as

17:44well. You can see he held this. He said

17:45it would have been $120 R trade. I don't

17:48know how that's possible, but still

17:5018.8R. So risking $100 would be $1,800

17:54for him. Okay, we got Isaac showing off

17:56his funded trader certificate. He said,

17:57"From the Nev Trade course, I finally

17:59passed a top step. Winning the trading

18:00combine using the smog strategy, which

18:02is the more detailed, more advanced

18:04version of what I just showed you right

18:06now." So big shout out to you, Isaac.

18:07That's a big accomplishment. You can see

18:09Jimmy 4xing his account in 20 days using

18:11this framework. Dstone getting 21

18:14riskreward trades. Okay, so just to show

18:15you these aren't things that are

18:17happening in theory. This is really how

18:18you identify key opportunities and key

18:20areas to be able to turn your trading

18:22into a profitable business. If you want

18:23to learn more about getting started

18:24trading, you can check this playlist

18:26out. Don't forget to subscribe to the

18:27channel, like this video, and share it

18:29if you found it helpful. And until next

18:30time, I'll see you all in the next

18:32video.