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How To Start Day Trading As A Beginner In 2025 [Full Tutorial]

Craig Percoco · 6,639 words · 31 min read

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Intro

0:00In this video, I'm going to show you

0:01exactly how I would start my day trading

0:03career over again if I had to start from

0:04scratch. And before getting to a point

0:06of developing an entire process and

0:08setting my trading up to be able to

0:09scale to three, sometimes $5,000 single

0:12profit days, I realistically wasted

0:14years of my 20s with thousands of hours

0:16of being confused and also thousands of

0:18dollars that I didn't need to waste had

0:20I have known the information and the

0:21foundation that I'm going to share with

0:22you in this video. So, I'm going to

0:23start with foundational information. So,

0:25a simple way of looking at trading to

0:27start with the basics. Then I'm going to

0:28show you the websites and the tools that

0:29you're going to need to follow along

0:31with this process. I'm going to talk

0:32about trading psychology, which is

0:33probably the most important thing that

0:35will either make or break your trading.

0:36A simple way to understand trading math

0:38that can be really confusing in the

0:40beginning, as well as a complete crash

0:41course of the most important things that

0:43I know about technical analysis. Then

0:44I'm going to show you how to build and

0:46test your own strategies. Then at the

0:47end, I'm going to show you how we can

0:48take everything that we've learned.

0:50We're going to apply them into a real

0:52life scenario to show you working them

0:53in real time. So, by the time you make

0:55it through this entire video, you're

0:56going to have a clear-cut, simplified

0:58path to starting your trading career

0:59properly. Okay. So, let's first start

The goal of trading

1:01and set the foundation by understanding

1:03how trading works and how we should be

1:05looking at the market. Okay? There's a

1:06lot of technical elements that can be

1:08really confusing and if you learn bits

1:09and pieces of it, it can throw you off

1:11the rails. This is a very simple way to

1:13understand how the market works and how

1:15the mechanics of it work. So, over here

1:17I have a chart open, but right now we're

1:18not going to worry about anything other

1:19than how and why the market is moving.

1:21Okay? So whenever we're looking at a

1:23chart, which in this case is this blue

1:25line, we're looking at increases and

1:27decreases. So all the chart is showing

1:29us is a visual representation of mass

1:31human psychology. Meaning that there are

1:33buyers and there are sellers. Now this

1:35is done with algorithms. This is done by

1:37physical trading. This is done in all

1:39sorts of different ways. So it's not as

1:40simple as people just clicking buy and

1:42sell, right? But the general premise is

1:44the market is adjusting to fill

1:46imbalances which are caused by supply

1:49and demand. So how this works is like

1:51this. Let's take right here for example

1:53in this part of the chart when price is

1:55moving up that means that there is

1:56demand from buyers and supply from

1:59sellers. If the demand outweighs the

2:01supply the market is going to move up

2:03until there's another point where supply

2:05starts to outweigh the demand and the

2:07market will correct until once again

2:08there's more demand than supply and that

2:10will sort of bounce back and forth which

2:11is going to produce something called

2:13volatility. Now volatility is basically

2:15anytime there are drastic big moves in

2:17the market. These are going to open up

2:18trading opportunities for us later. So

2:20simply put, as traders, our job is to

2:22find areas of the market where we can

2:24enter at a certain price, have the price

2:27increase to another price. Then however

2:29many of these we bought times the

2:31increase is going to give us our profit.

2:33So if we bought a 100 of these units at

2:36$200, and it increases to 205, that's $5

2:39in profit per 100, which is going to

2:41give us $500 in profit. But let's take

2:43another layer deeper to start

2:44understanding where these intraday

2:46opportunities come from. So, let's take

2:48a one-year starting point as an example.

2:50Over the course of a year, this is the

2:52general stock market. We can see

2:53anywhere from 10, 15, 20, even 30% gains

2:57in an individual year. That means that

2:58if we were to buy $100 worth of S&P at

3:01this point and price increases, we now

3:03have $130 and technically our total risk

3:06implication is if everything were to

3:08melt down and technically go to zero,

3:10we're technically risking $100. This is

3:12the concept of investing. Now, you're

3:14only going to get, say, 10, 20, 30% in a

3:17good year, but usually right around 10%.

3:19So, effectively, we'd have to wait an

3:21entire year to get between 10 and 30%.

3:23Which is good if you're dealing with a

3:24lot of money. But, if you're trying to

3:26scale a small amount and make an income

3:28off of it, you need to have a tremendous

3:29amount of capital. Otherwise, you have

3:31to find other opportunities in the

3:32market. Now, what happens if we zoom in

3:34to just this one small area where now

3:37instead of looking at an entire year's

3:39worth of movement, we're now looking at

3:40individual days worth of movement. So

3:42we'll take today for example and now

3:44even in a single day we had this amount

3:45of movement to the upside and this

3:47amount of movement on the downside. So

3:49instead of waiting an entire year if we

3:51were able to enter here and sell

3:53somewhere up here and now still risking

3:55$100 just with this single move we would

3:57make

3:58$341. This would happen in the matter of

4:011 hour. We can have multiple of these

4:03opportunities in a single day, which

4:04allows us to go from making say $30 in a

4:07year to be able to take that same amount

4:09of risk and be able to make 67 $800 in a

4:12single day risking $100. Okay? But as

4:14the numbers get smaller and we're

4:16dealing on a zoomedin one day view, the

4:18math and the strategy behind this starts

4:20to get a lot more complicated and it

4:22gets more important to know how to do

4:23this to properly calculate your risk.

4:25Not only that, but we need to know where

4:26we're buying and selling and the

4:28likelihood of that happening. So, just

4:30as an example, if you're new, you're

4:31especially not going to understand

4:32exactly how this works, but this is a

4:34trade that took about 2 hours where I

4:36was basically able to pick an area where

4:38I expected for the price to

4:39significantly drop, enter in, actually

4:41be able to make profit from the market

4:43going down, which even a lot of people

4:45don't understand that you can do,

4:46especially good when markets are moving

4:48down to know how to do this skill. And

4:49you can see I followed this down for

4:51hours, going up $2,400, $2,600, $3,000,

4:56nearly $4,000 for taking the trade off

4:58for full profit. And I was only risking

5:00$500 that I was able to make over $3,000

5:03in about 2 hours. Okay, this isn't to

5:04brag. It's just to show you that if we

5:06can use this ideology and framework on a

5:08daily basis, these are the opportunities

5:10that if you lock in and take it

5:11seriously that are going to be on the

5:12table for yourself. But before that,

5:14let's talk about all the tools and

5:15websites that you're going to need to

5:16set this up for yourself and start as a

Tools & Setup

5:18beginner. Okay, so realistically, you're

5:19going to need three major things. First

5:21thing is going to be Trading View, which

5:23is where we're going to be doing all of

5:24our charting and analysis. That's going

5:26to be your home base. The second thing

5:27that you're going to need is some sort

5:28of way to actually place trades. Now,

5:30you're going to need some experience

5:31before actually doing this, okay? But

5:33considering I trade cryptocurrency, I

5:35like to use Blofin or Bybit. I'll show

5:36you how specifically to use those a

5:38little bit later into the video, okay?

5:39And if you're looking to trade stocks, a

5:41lot of our traders are using

5:42topstep.com. The third thing that you're

5:44going to need is a trade journal, which

5:45I'm going to provide to you, but more on

5:46that later. Once you make your way into

5:48Trading View, you're going to have a

5:49screen that looks something like this.

5:50What you're going to want to do is click

5:52on products here and click on super

5:53chart. That's going to bring you to a

5:55plain chart like this. Now, when it

5:56comes to style and really setting this

5:58fully up, I have an amazing video you

5:59can go through that I'll bookmark at the

6:01end of this video, so you can watch that

6:02after and get fully set up. What I like

6:04to do when I'm trading is take my

6:05trading view, put it on one side of my

6:07screen, and I'll take my trading

6:08platform where I can input my orders and

6:09I'll put it on the other side. So, now I

6:11want to share with you some fundamental

6:12trading information so you fully

6:14understand the approach you take with

6:15trading. So, anytime you're placing a

6:17trade, you're basically selecting what's

6:19called a pair. Now a pair is going to be

6:21any sort of asset that you're either

6:22buying or selling against the value of

6:25the US dollar. Okay? So this is Solana

6:28versus the US dollar which is going to

6:30maintain a pretty consistent value and

6:32Solana will either go up or down against

6:34that value which is going to create

6:36price movement. The way we manage our

6:38pairs is using something called watch

6:40list which is over here on Trading View.

6:42Okay. So, for example, if you're

6:43creating a new watch list, we can click

6:45this plus button here. And if we want to

6:47go to cryptocurrencies, we can click on

6:49Bitcoin, XRP, soul. We can start

6:51selecting different cryptocurrency pairs

6:53to have in a list here, which will allow

6:55us to flip between and to have access to

6:57viewing how these individual charts are

6:59moving. So, when I'm looking at a chart

7:01here, you'll see we started off with a

7:03line chart. So, it's basically a line

7:04showing how the price is moving. And

7:06then I can switch between something

7:07called candles. So candles are a better

7:09way of getting information as a day

7:11trader. Okay. So the way candles work,

7:13okay, considering this is a green

7:14candle, that means that price started

7:16here, went as high as this point, as low

7:19as this point, and ended up closing

7:21right here. And that's why our candle is

7:23green. That's the body of the candle. So

7:25we had the total movement up in the

7:26highs and lows. Same is true for a red

7:29candle, only the open happened here. The

7:31close was lower than the open, and the

7:33highs and lows remain the same, giving

7:35us a red body. If we go back over to our

7:37chart here, right, I have black and

7:38white, so it's a little bit different.

7:40Still looking at a similar example here.

7:42We had the candle open, we had the

7:43candle close, the highs, and the lows.

7:45And then say for example, this candle

7:47opened here, closed here, and the high

7:49and lows were here. Okay? And these

7:51candles are going to show us different

7:52information depending on the chart

7:54frequency that we choose. So for

7:56example, we have up in our top menu

7:58here, chart frequencies between anywhere

8:00from 15 seconds to one full week. So

8:02you'll notice I have two sideby-side

8:03charts of Ethereum. On this side, we

8:05have 5-minute Ethereum chart. And over

8:07here, we have a 1-day Ethereum chart.

8:09This green box is the same green box on

8:12both sides. Only this is one candle

8:14showing us the open price, the close

8:16price, and the highs and lows. And if we

8:19notice over here, this is the high, the

8:20low, and this was the total movement

8:22over the day, but in 5minute increments

8:25opposed to a 1-day increment. And

8:27there's different combinations that we

8:28can use, but the lower you go down into

8:30the time frame, each candle is going to

8:32show you, in this case, 5 minutes worth

8:34of movement opposed to a whole entire

Trading Psychology

8:36day of movement. Okay, so now let's get

8:38into a section talking about trading

8:39psychology. This is the most important

8:42part that will either make or break any

8:44progress that you make throughout this

8:45process. Okay, this is what will keep

8:47people caught in a cycle of never

8:49getting better or will allow people to

8:50sort of skate through trading and get

8:52better really, really quickly. Okay, so

8:53I've identified three major things that

8:55you need to retrain your mind around and

8:57I'm going to explain to you exactly how

8:59and why this works so that once you get

9:01through this section of the video,

9:02you're going to have an aha moment and

9:03it's going to clear you up to be able to

9:05proceed and learn and get started with

9:06trading the right way. So, I've boiled

9:08it down to these three main points,

9:09okay? And the first thing that you need

9:10to retrain your mind out of is that

9:12losing is inherently bad. We're human

9:14beings and anytime you lose at

9:16something, this is viewed as you're not

9:18sufficient, you're not doing a good job

9:20or something needs to be changed to make

9:21you be able to perform better. This does

9:24not apply to trading and you really need

9:25to understand that as weird as that

9:27concept sounds and you're going to

9:28understand why in a second. The next

9:30thing is being wrong is bad. This kind

9:32of ties into losing. Being wrong and

9:35losing money we view as human beings,

9:37there needs to be a corrective action to

9:39fix that behavior. In trading, this is

9:41not the case at all. you actually need

9:42to completely flip this on its head. The

9:44third thing is the misconception that

9:46making money on a trade makes it a good

9:48trade. This is not the case whatsoever.

9:50So let's look at this example so you can

9:52understand why thinking losing is bad,

9:54being wrong is bad, and why making money

9:56no matter how is good. Okay, so think of

9:57it this way. Anytime we're buying into

9:59the market, one of two things is going

10:01to happen. It's either going to move up

10:02and we're going to make money or it's

10:04going to move down and we're going to

10:06lose money. How we actually go about

10:07that as traders is what is going to

10:09dictate whether we're successful

10:11long-term or not. So, let's look at it

10:12this way. Anytime we're entering the

10:14market, we need to number one figure out

10:15how much we're trying to risk. Whether

10:17it's a percentage or whether it's a

10:19dollar amount. Say we want to risk $100,

10:21for example. That means that if we enter

10:23right here, we need to make sure that if

10:25price moves down to this level that

10:27we're only risking $100. And in doing

10:29that, we can ensure that if this moves

10:31up 3x more, now we know exactly how much

10:34we're expected to win and how much we're

10:36expected to lose. So let's take that

10:38same exact example. We have our one unit

10:40of risk, which we know is $100 for 3x

10:43positive units of risk if we're right.

10:45So let's say for example, whatever we're

10:47buying is valued at

10:49$15,352, and we want to risk exactly

10:52$100 on this trade. That would mean that

10:54we'd pull up our calculator. And I'm

10:55going to show you a really cool simple

10:57way to do this afterwards, but I want

10:58you to understand the math of how we're

11:00actually going to be calculating risk.

11:02Right? If we want to position an entry

11:04in the market, we're going to take our

11:05entry value at 152. Okay? And say our

11:08stop-loss level or this level where

11:10we're going to get out for a contained

11:11loss is at 150.52. So, we're going to

11:14subtract by the stop-loss value and

11:16that's going to give us three. Now,

11:18we're going to take the dollar amount

11:19that we want to risk and divide by

11:21three. And that's going to give us 33.33

11:23units to effectively buy in at to ensure

11:26that if this moves against us, we're

11:28containing the risk to $100. And we know

11:30exactly what to expect if the trade

11:32moves in our direction. So, anytime

11:33we're looking to enter into a trade,

11:35we're already positioning ourselves to

11:37accept the fact that we can be wrong and

11:39we can lose. And in order to actually

11:41get into the market and open ourselves

11:43up for the potential of making money, we

11:45have to accept that we could potentially

11:47be wrong. In that sort of same mind

11:49process, a lot of people think they need

11:50to be right all the time to actually

11:52make money in trading, which is 100% not

11:54true. So let's take this for an example.

11:56Say we take a total of 10 trades. We've

11:58contained our risk that every time we're

12:00losing a trade, we're losing -1 unit of

12:02risk. So we have 1 2 3 4 5 6 7 losses

12:06and three wins. But when we're making

12:07these wins, we make 5.2 2 times what

12:09we're risking, 2.5 what we're risking,

12:11and 3.1 what we're risking, which is

12:13going to give us a sum of 10.8. And on

12:16the loss side, it's going to give us a

12:17sum of -7. We lost 70% of the time,

12:20winning 30% of the time, which is going

12:22to give us a net total of plus 3.8 risk

12:26factors. So once again, we're risking

12:28$100, which is going to leave us with a

12:30profit of

12:31$380 being wrong 70% of the time. If you

12:35want a really easy way to do this

12:36position sizing automatically on chart,

12:38you can click into indicators. You can

12:40search up it position calculator. This

12:42is a calculator that we made on the

12:43private side of our trading team. I'm

12:45giving it to you guys for absolutely

12:46free. You can click onto this and then

12:48basically you can click right here at

12:49your entry where you want to take profit

12:51and where you want to set your risk to.

12:52Then you can actually input your dollar

12:54amount risk. Say I want to risk $100.

12:56Hit apply. And that's going to show you

12:58the exact quantity that you need to

12:59enter in at that exact amount to risk

13:01$100 if the price is to move against

13:03you. So, if we go through our trading

13:05thinking that losing is bad and being

13:07wrong is bad, we're never going to put

13:09ourselves in market situations where we

13:11can actually allow ourselves to be

13:13right. The losses that you take are

13:14simply opportunity costs to be able to

13:16get into the market. Understanding that

13:17making money does not make a trade good

13:19or bad. It's about following the

13:20specific process that you know is going

13:22to be repeatable while keeping your risk

13:23contained. If you're just going into

13:25stuff and putting a bunch of money into

13:26it, you're not quantifying your risk.

13:28you don't know if it's going to work

13:29over time or not. By studying it and you

13:31make a bunch of money, you're one

13:32decision away from losing every single

13:34thing. Even if on an individual trade

13:36you get lucky and end up making a bunch

13:38of money, it's about following the

13:39process, making sure that you understand

13:40that this is the mental psychology in

13:42trading math that's going to put you in

13:44a position to approach the markets

13:45properly and understanding that trading

13:47has nothing to do with being right or

13:49wrong. It has everything to do with

13:50understanding how much you're making

13:52when you're right versus wrong and the

13:53percentage of time that you are right to

13:55be able to determine whether you're

13:56going to be profitable or not

13:58profitable. This is all going to be

13:59based around keeping your risk uniform,

14:01knowing how much you make when you're

14:03right versus when you're wrong. Having

14:04your average loss and your average win

14:06and the percentage of the times those

14:08are happening to once again be able to

14:09look at this table and figure out if

14:11you're not profitable or if you're

Intro To Technical Analysis

14:12profitable. Okay, so now that I've

14:13showed you the general structure, the

14:15framework of building positions and

14:17understanding how and why we're

14:18controlling risk, let's go back to

14:20Trading View and understand how we're

14:21actually going to approach the market on

14:23a technical analysis standpoint. Now,

14:25this is where there's millions of things

14:26to focus on. I've boiled them down to

14:28about five or six major things that I

14:30look for to find key areas in the

14:32market, and I'm basically going to give

14:33you a crash course on this. I have a

14:35really good technical analysis guide if

14:37you want to dive into more detail after

14:39this video which I'm going to put in a

14:40card at the end so you can dive a little

14:42bit more into that. Okay, so let's pull

14:43up a five-minute chart so that each

14:45candle is 5 minutes worth of price data.

14:47And let's start taking a look at how I

14:49would read this chart. Okay, so the

14:50first thing that I'm always starting

14:51with is identifying what are called

14:52trends on charts. And trends are

14:54basically areas in the market where

14:56price is generally moving in a specific

14:58direction. So if it's generally moving

14:59up, that's going to be an uptrend. And

15:00if it's generally moving down, that's

15:02going to be a downtrend. Okay? And the

15:03way that I can really determine whether

15:05we're in an uptrend or a downtrend is by

15:07clicking on this tool right here and

15:08starting to find areas on the chart

15:10where price seems to be bouncing off of

15:12an invisible level. Once again, going

15:13back to that supply and demand area. So,

15:15if I see these critical areas and I draw

15:17from that low to that low where the

15:19price is sort of responding off of.

15:21Okay. Anytime the price is maintaining

15:23above this specific area, that's

15:25maintaining the status of an uptrend.

15:26And you'll notice this point, price

15:28finally pushed below this trend, pushed

15:30up and continued to go lower, which is

15:32now making this as a downtrend. So we

15:34have an uptrend over here and a

15:36downtrend over here. So I can draw

15:38another trend level off of there. Okay.

15:40And one thing that I really like to take

15:41note of is if we have an area where

15:43price is continually making these

15:44levels, breaks underneath it, and then

15:46comes up and retests it. Oftent times,

15:48this is a beautiful key level to get big

15:50moves down once the trend does change

15:52direction. So trends are basically

15:54showing us areas where price is likely

15:55to come down to and have a continuation.

15:58And then once it does finally break,

15:59where it's likely to bounce off of and

16:01continue moving lower, which we can

16:03start to use to start to craft some of

16:05these positions where we're entering in

16:07expecting for price to move

16:08significantly in one area and not come

16:10through to the other. Okay, considering

16:12this is a visual representation of mass

16:14human psychology, there's another tool

16:16that is really, really useful in trading

16:18called a Fibonacci retracement. This is

16:20one of my go-to indicators. So this is

16:22how a Fibonacci works. Say you have a

16:24chart moving up or you have a trend in a

16:25certain direction. You can click on this

16:27Fibonacci retracement. Click at the

16:28beginning of a trend and go all the way

16:30up to the highest point on the trend.

16:32And what you're going to see are these

16:33numerical values. Okay? Starting from 1

16:35to 0, we have 78.6, 61.8, which is in

16:38green, 50, 38.2, and 23.6. And what

16:41you'll notice is oftent times if a trend

16:43is going to have a pull down, this 50

16:45level is often the level it will go to

16:47and have a continuation higher. Same

16:48thing with this 61.8. This is referred

16:51to as the golden ratio. This is the

16:53ratio that can be found naturally

16:54occurring in the formation of shells,

16:57plants, trees, even your facial

16:59symmetry. All for some reason fall

17:00around this specific Fibonacci value,

17:03which often times will lead the price to

17:04revert cleanly down to that level and

17:06have a continuation move up, which once

17:08again can allow us to start to structure

17:10positions around these key levels. Okay,

17:12so if we go back to our chart, we know

17:14we have an uptrend and a downtrend. So

17:16say for example, we wanted to look at

17:17this trend and see some of its important

17:19levels. We'd click at the high and then

17:21go over to the low and then let's watch

17:22what happens to price and where it

17:24starts to respond. Okay, so as the chart

17:26moves forward that becomes the low.

17:27Okay, price comes up, reacts cleanly off

17:30of that 61.8 value and it just so

17:32happens that that level was the last

17:34level for a massive move to the

17:36downside. Even looking at this area

17:37right here, say we were to start from

17:39this point to there, this push down

17:41before a continuation higher was was

17:42basically the last level that the price

17:44regressed down to before making a

17:46continuation up. Okay, another really

17:47cool piece of technical analysis that I

17:49like to use when I'm looking at these

17:51formations is something called a fair

17:53value gap. And you can see these all

17:54over the chart. So, it's basically these

17:56big candles that are making these big

17:58pushes like here and like here or like

18:00here and like here. And I can actually

18:02turn an indicator on called the Lux ALGO

18:04fair value gap indicator and that's

18:05going to pull them up on my chart

18:07automatically. But the reason that I

18:08look for them is because you can see

18:10oftent times price will end up coming

18:12back into these and making big moves

18:14back in. Fair value gap right in here.

18:15Price moves up, has a response off of

18:17it. Fair value gap produced here. Price

18:19pulls back down. Even though it wicked

18:21through this one like crazy, comes back

18:23down to the middle of that, has a

18:24continuation up. Okay, this one's not

18:26showing, but here price comes into the

18:28midpoint, has a continuation up. Okay,

18:30and the way that we can identify these

18:31on a chart is basically we need 1, two,

18:33three candles either in the up direction

18:35or the down direction where the first

18:37wick and the third wick do not overlap

18:39on the second candle. So you'll see this

18:41is the high of the first candle and this

18:43is the low of the third candle. In

18:44between here is going to be a bullish

18:46fair value gap. And right here we have

18:48one, two, three candles. First wick,

18:50third wick. Price doesn't overlap right

18:52here, creating a bearish or a fair value

18:54gap that is likely to continue moving to

18:56the downside. It's things like these

18:58that I'm using when I'm doing analysis

18:59to be able to find key areas that even

19:01though we don't know for sure it's going

19:03to move in our direction that we're able

19:04to at least start off in an area where

19:07we can keep our risk contained, let the

19:08market move in our direction and

19:10hopefully make more money than we're

19:11risking. Okay? And of course, this is

19:12just scratching the surface. I talk

19:14about all this on my channel a lot more,

19:16but as far as a foundation, these are

19:17the primary things that I'm using. Like

19:18I said, you can watch the technical

19:20analysis video at the end of this video

19:22to dive more deeply into how I use these

Building A Business Trading Plan

19:24things specifically. Okay, so now that

19:25we understand some of the analysis and

19:26tools that go into actually trading,

19:28let's talk about how to actually put

19:30this into a strategy that you can start

19:31practicing and trading for yourself. So

19:33this is the progression that we're using

19:34anytime we're building a trading

19:36strategy. The first thing is the concept

19:38which is coming from observation. So

19:40just like we were noticing on our other

19:41chart that certain things were happening

19:43based on certain pieces of analysis.

19:45What we want to do is gather a bunch of

19:47those ideas and observe a general

19:49tendency in the market. Okay. The next

19:51thing that you want to do is create a

19:52rule set based on your observations. And

19:54then the next thing that you want to do

19:56is evaluate that outcome by identifying

19:58the percent of the time that it happens,

20:00the average amount that you make versus

20:01how much you lose while considering the

20:03specific loss size. Okay? And then

20:05basically it's up to us to be able to

20:06see whether it's going to be profitable

20:08or not. Okay. So, let's just use a

20:09really simple example of how you can

20:11actually go through and test your

20:13strategy. Once you have an idea, you can

20:14click on this button on your chart,

20:16which is called bar replay, and you can

20:18click back to a random part on your

20:19chart, and then click this play button,

20:21and it's actually going to play the

20:22chart forward, allowing you to see how

20:24your idea would work in real time. So,

20:26what I'm noticing on this chart is every

20:27time we have this indicator, which is a

20:29custom indicator called the Inevitrade

20:31Pro Plus indicator. It's actually in a

20:32tool suite. If you follow me on

20:34Instagram in the description, you can

20:35add it to your chart. Basically shows

20:36you when the markets are perceived to be

20:38undervalued or overvalued. And when

20:40they're undervalued, it will give you

20:41this red highlight strip here. So, let's

20:43say for example, every time a red strip

20:45is produced, I'm going to enter in. I'm

20:48going to sell when it produces a green

20:50strip and I'm going to put my risk

20:52underneath that recent low and I'm going

20:53to risk $100 every time. That means that

20:55I can calculate a loss as -1R and a win

20:58is however much more I'm making than I'm

21:00risking. So, in this case, it would be

21:02like 3.94. So, then I can just go ahead

21:04and play my chart forward and set this

21:06strategy up to work. Okay, so we have a

21:07highlight strip here setting up my

21:09position. Okay, so we have a sell right

21:11here. So, we would sell our position. we

21:12would make plus 6.2R. We would sell in

21:15here. Okay, we have a red highlight

21:16strip. So, we sell. That's plus three

21:18risk factors. Okay, so we would buy in

21:20here. Price comes down, goes through our

21:22stop loss. So, that's -1R. Okay, so you

21:25can basically do this over a large

21:26period of time. Now, all you have to do

21:28is add up the total amount of trades.

21:29You can basically go into a trade

21:31tracker. This is a trade tracker that

21:32are in the tools that I'll send you if

21:33you follow me on Instagram and DM me the

21:35word tools. And you can click each

21:36trade, say it's on soul, 15 minute. You

21:39can put long or short. You can put

21:40whether it's a win or a loss. So in this

21:42case, we had two wins and one loss. P&L

21:45on the first was 620. P&L on the second

21:48was 300, and then we had a $100 loss. So

21:51that's going to show us our winning

21:52percentage. We can click on this sum

21:54here, and we can go over and hit

21:55average, and that's going to show us our

21:57average profit per trade as well as our

21:59average winning percentage, which we can

22:01take into our system, which based on our

22:03average 273 would put us somewhere

22:05between these two amounts at a 66% win

22:08rate. would put us well into the

22:10profitable zone. Now, obviously, this is

22:12only three trades, so you'd want to do

22:14this over an extended amount of time.

22:15But once you have that, you've

22:16effectively found a concept, identified

22:18rules, found out your data, made sure

22:20that it's confirmed to be profitable.

22:22This is where you can actually start to

22:24test this strategy in full time. Okay?

22:25So, we just talked about doing onchart

22:27bar replay. The next would be do using a

22:30simulated account. Okay? And then after

22:31that, you would actually apply this onto

22:33a real account. Okay? So, let's say for

22:34example, you wanted to actually enter

22:36into this trade position. Since we're

22:37trading cryptocurrency, I'm going to go

22:39onto an exchange like Blofin. I'm going

22:41to pull up Solana. And you'll see over

22:42here we have limit and market. If you

22:44want to choose a specific price, you

22:46click on limit. If you just want to get

22:47in or out of the market quickly, you're

22:48going to click on market. So, we're

22:49going to stick with limits for now.

22:50Okay. If I went into every single detail

22:52about this, this video would be like 8

22:53hours long. Okay, since this is where

22:55the price is, first thing that we need

22:56to do is figure out how much we need to

22:58enter in to risk. Say for example, $100.

23:01So, we're going to click on our entry,

23:02take profit, stop loss, enter $100.

23:05That's going to give us 56 as a

23:07quantity. And this is where leverage or

23:09using prop firms is going to be

23:10important because that would mean that

23:12effectively we would have to buy at

23:15$121.73 *

23:1756.18 soul which is going to cost us

23:21$6800. Unless you have $6,800 in an

23:24account, you're not going to be able to

23:25take this kind of size. And that's

23:26exactly why we're going to use something

23:28called leverage, which for example, if

23:29we use 10x leverage, would take 6,800

23:32and only require us to use

23:34$683. Okay? So, we would enter in 121.74

23:38as our entry. We would go into our

23:40amount. We'd have 56.18. I would check

23:42this takerit and stop loss. Our

23:44takeprofit's at 130.76, which gives us

23:48our estimated profit level, and our stop

23:50loss at 120.8, 8, which you can see is

23:53going to give us exactly $100 worth of

23:55risk by entering specifically at this

23:57amount. So, we know if we lose, we're

23:59losing 100. And if we're profitable,

24:01we're making $460 on this strategy. Now,

24:04you can see right here it says the cost,

24:06which is $6,800 if we increase the

24:08leverage up to say for example 10. Now,

24:11once again, that cost comes down to

24:12$688. And that's how you can start with

24:14a smaller amount of money and still be

24:16able to have the upside if you know your

24:18strategy and your process works and

Learning & Implementing A Strategy

24:20you're looking at it inside this

24:21framework. Okay, so now that we're at

24:23this point, we've developed all these

24:24skills and understanding of trading. I'm

24:26going to take you through a strategy

24:27that I like to trade on the channel that

24:29we trade a ton on the private side of

24:30our trading team and we have team

24:31members absolutely crushing it. Me

24:33personally, when I'm trading these

24:34sessions, a lot of times, my last

24:35session even, I made

24:37$7,500 in about four or five trades

24:40risking $500. I'm going to show you what

24:42I look for on a setup and how I apply

24:44all of this logic to get into positions

24:45and how effective it is. And I'm going

24:47to show you a few entry models that I

24:48like to follow. Okay, first thing that

24:50I'm going to turn on is this buy and

24:51sell indicator. The second thing that

24:53I'm going to turn on are those fair

24:54value gap indicators. So, in this

24:56strategy, I can't share every single

24:57thing that I'm looking at without being

24:59unfair to the private side of the team.

25:00But I will show you something you can

25:02get started with and apply a lot of your

25:04own logic to that will still get you in

25:05a position to be able to make this a

25:07profitable operation. This is crazy for

25:09me to be sharing on YouTube. What I'm

25:10looking for is some sort of sell signal.

25:12Right? I can't tell you exactly what the

25:14signal is. Some sort of indication of an

25:16over undervalued area somewhere where we

25:18have a trend break under here into one

25:20of those fair value gaps. In which case,

25:22I'm looking to enter in the midpoint of

25:25this fair value gap. Place my stop loss

25:27outside and try to ride the trend down.

25:29Okay. So, I'm going to go ahead forward

25:30and play this to show you what I'm

25:32looking for. Okay. So, we have

25:33overvalued but no signal. Okay. So,

25:35right here I start to have lows forming.

25:37We have an overvalued area right here

25:39with price starting to push down. So

25:40once again, if I'm targeting the halfway

25:42point of this area with an oversell and

25:45a trend break where price is starting to

25:46come underneath, price comes up, goes

25:48into our area, gets into the trade, and

25:50then immediately reverses down, already

25:52putting us up in this situation

25:54something like 12 times the amount that

25:56we're risking. Once again, if we were

25:57risking $100, our profit would be at

26:00$1,200. So even with one of these

26:02situations, we could still be wrong 10

26:04other times and still be profitable for

26:06the session. Okay? And of course, every

26:08trade doesn't look like this. There are

26:09definitely losers. This is just

26:10scratching the surface of all of the

26:12data sets that we run on the private

26:13side of our trading team. But if we just

26:15want to focus on the basics of it, it's

26:17things like these where we can follow

26:18these types of models and actually apply

26:20them into the market. Okay, so let's

26:21take a look at another example of a

26:23trade that I entered. You can see I'm

26:24entering in here. Price starts to move

26:26in my direction once again off of that

26:27area overvalued starts to make a

26:29significant push down once again 4,000

26:325,000 $6,000 in profit risking $500.

26:36Then I eventually close this out for

26:37about $4,600. You can see here I'm

26:40looking to buy in hoping the market

26:41moves up. I enter in here and just to

26:43show you the realities and be

26:45transparent. A lot of times you are

26:46going to have losing trades too. So for

26:48example, okay, this trade closed out and

26:49I lost within minutes. But the fact that

26:51I can make $4 $5,000 in a good trade and

26:54only lose $500 $600 on the losing trades

26:57as long as I'm following the strategy,

26:59keeping my position size consistent,

27:00this gives me the framework to actually

27:02dive into trading and do it properly.

27:04Okay? And those are just two trading

27:05models. We have tons of ways of

27:06approaching the market in general. I

27:08would definitely recommend for you to

27:09watch this video if you want to dive

27:10deeper into the technical analysis. If

27:13this helped you, especially as a

27:14beginner, hit the like button, share it

27:16with a friend, subscribe to the channel

27:17if you like the content. If you follow

27:19me on Instagram and DM me the word

27:20tools, I'll send you all the resources.

27:22But until next time, I will see you all

27:23in the next video.

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