Power of Trading
This video presents a trading strategy that only requires 10-15 minutes per day and is ideal for those who can’t spend hours on charts. The strategy involves checking for signals at the daily candle close and executing short positions when the super trend indicator is red with the market closing below all three moving averages. The video explains how to set stop loss and target profits using certain indicators available for free on trading view. The strategy works on all time frames and aims to help average people make a profit without spending too much time on the charts.
How to Make Significant Income with Only 10-15 Minutes per Day Trading View Strategy
Introduction:
Trading can be lucrative, but it requires a lot of time and effort. Most people assume that spending hours in front of a chart is the only way to make a profitable trade, but it doesn’t have to be. In this video, Joey shares a trading view strategy that only requires 10-15 minutes a day to bring in a significant income.
Understanding the Strategy:
The strategy ensures that you only need to check for a signal once a day, at the daily candle close, making it perfect for average people who cannot spend hours on charts every day. The style of trading is what makes this strategy unique as it focuses on short positions in the market when the super trend indicator is red.
Rules of the Strategy:
There are three critical rules to this strategy. The first is to create a short trade when the super trend indicator is red. The second rule requires a market to close below all three moving averages to achieve a red triangle. The third and final rule is to create a red zone in the indicator at the bottom of the chart. Once all these signals have been confirmed, an ideal trade opportunity emerges.
Executing the Trade:
To execute the trade, set stop loss above the red triangle arrow, and use the bottom indicator to identify the target profit. The bottom indicator should reach the -200 level below the red zone. You should book your profit when the red zone reverses from the -200 level.
Indicators Used in the Strategy:
All the indicators used in this trading view strategy are available for free on trading view. The first indicator used is am I emperor in siliconing, the second is super trend, and the last is occ alert r6.
Example Trade Scenarios:
Joey walks through three examples of executing the strategy in real-time trading and highlights scenarios that traders need to be wary of. For instance, when the stop loss is becoming too big, it’s best not to trade. However, the strategy works on all time frames, so it’s flexible.
Testing the Strategy:
In testing the strategy, Joey encourages viewers to remember that it works on a daily time frame, making it perfect for an average person who cannot spend much time on the chart. With only 10-15 minutes per day, you can trade profitably.
Conclusion:
Trading view strategy requires discipline and patience, but, with Joey’s approach, you can generate a significant income with minimal daily effort. One of the significant benefits of the strategy is the flexibility offered in terms of the time frames it can work on. So, set yourself up, follow Joey’s steps, and start trading.
