Learn a simple, profitable trading strategy using dumb money concepts with just three trades per week and a high profit factor.
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Key Takeaways
- Simplicity and ease of use make this strategy accessible to all skill levels.
- Using daily and 4-hour candles helps confirm trade bias effectively.
- Risk management with defined stop losses and trailing stops is crucial.
- High profit factor indicates a strong risk-reward balance.
- Consistency over time can lead to significant earnings despite infrequent setups.
What the video covers
- The strategy is simple enough for anyone to copy, including beginners.
- It involves taking three trades per week based on daily candle analysis.
- Uses dumb money concepts to determine market bias for the day.
- Trades are taken only within the identified bias (long or short).
- Entry is made after a 4-hour candle close confirming the bias.
- Sell on a 25-point pullback with a stop loss 50-60 points behind.
- Trade management involves trailing stops to maximize profits.
- The strategy has a high profit factor of over 2.
- It may not have many setups, but occasional trades can yield large returns.
- A few trades per month can potentially make an entire monthly salary.
Full Transcript — Download SRT & Markdown
Speaker A
Even, even my grandma could do it. You know what I mean? So, a profitable strategy that you can copy for sure that takes three trades per week that makes money, that most obviously definitely 100%. Okay. What you do, use dumb money concepts to determine the bias for the day. Okay, so using the daily candles only, look at trades within that bias.
Speaker A
So, today it told me to go short, right? Wait for the 4-hour close on market open. Okay? 4-hour close was bearish using dumb money concepts also.
Speaker A
Okay? They match. So, what you do is you sell on a 25-point pullback.
Speaker A
So, this was the close. Sell on a 25-point pullback with a stop another 50-60 points behind that. That's it. And then how do you manage your trade? You just let her trail. That's it. You might make money one day a week or one day every other week because it doesn't have too many setups, but you will make a lot of money doing this. It has a very high profit factor.
Speaker A
Okay? It's got a profit factor of like two plus. But every once in a while, you know, a couple times per month, you'll make your entire monthly salary. That's what this setup is, okay? That's all this is, okay?
Speaker A
day every other week because it doesn't have too many setups, but you will make a lot of money doing this. It has very high profit factor. Okay? It's got profit factor of like two plus. But every once in a while, you know, a
Speaker A
couple times per month you'll make your entire monthly salary. That's what this setup is, okay? That's all this is, okay?
Topics:trading strategydumb money conceptsdaily candles4-hour candlepullback entrystop losstrailing stophigh profit factorsimple tradingtrade management











