the proof is in the pudding i don't know
where this phrase came from
i don't even eat pudding but i'm gonna
show you how
since last thursday on a small
account a thousand dollar account i was
able to make
over seven hundred dollars basically in
three days because it's tuesday
[Music]
welcome back to the channel everybody my
name is artie and this
is the moving average a show where we
discuss everything day trading
to keep you profitable on a consistent
basis so i've just been playing around
with a small account like i have my main
account that's much larger but this
small account i've just kind of been
playing with because i've been scalping
a lot more recently especially scalping
indices so let's jump into trading view
really quick this is going to be a short
video i just want to show you what i've
been doing
basically us30 works a lot different
than
any 4x pair so on a normal 4x pair
you're looking for pips like a 20 pip
move a 10 pip move a 50 pip
move and with a .01 lot size you're
looking
at 10 cents per pip like it's a small
amount of money i don't know the math i
always have to use a calculator but
essentially on
us 30 on my broker if you use a .01 lot
size
for every dollar that us30 moves up or
down
you get one dollar on a 0.01 lot size
and so i've been scalping using moving
averages
so when it tests a moving average and
then bounces off of it
i get in on a long position when it
breaks through a moving average like the
50
i know that it's eventually going to go
down to the 200 so i've been scalping
this if you want
detailed information on how this
scalping strategy works
watch this video i made yesterday on
scalping but essentially i'm just like
taking a trade here you know it crossed
through the 50
went to the 200 that's my scalp it broke
past the 200
so i'm just scalping here until it loses
momentum
and just consistently time and time
again like
trading between moving averages as it
moves between these two
between these two as it crosses over
like i'm constantly
trade trade trade trade trade trade
trade trade trade so
i'm gonna open up my phone right now
and start recording the screen okay so
i've got my screen up right here
alongside
my face as you can see here the total
account balance is right now
1581.
and i started this scalping like
consistently like trying to do it every
single day
last thursday so looking at my history
here i have
a custom parameter set up and it's a lot
of us 30.
it's a lot of i mean some currency pairs
occasionally when i see massive bullish
momentum i can't
you know like not trade it like i will
take the spike all day
i also trade some crypto primarily
ethereum because the spreads are
actually better on my broker than they
are with bitcoin
so as you can see here you know i've got
a lot of winning trades and they are
small
like a point zero one so i was looking
at a 16 move on the first one a two
dollar move on the next one you know
then 23
then i had a loss and as you can see
i've clearly like i mean some of these
do go into drawdown some of them go into
drawdown of you know 30
or whatever but i know that my analysis
is correct i was just like
the entry point was kind of wrong
so you know there was drawdown and some
of these that get a little bit out of
hand like this one
you know it was a losing trade minus 35
but i keep scalping day in and day out
and like trade after trade after trade
and multiple positions
and getting in and out and when i start
when i get in on a position and it's
going the wrong way
i'll take the opposite position until i
get some profit and then it'll start
going in the direction of my original
trade so i'll close that one
and this it's this constant like
scalping buying and selling buying and
selling buying and selling in between
these moving averages
and as you can see here a total profit
of 710.78
since last thursday now what i want to
show you is my
win rate like there's no specific risk
to reward ratio i just
i have a losing threshold so if i lose a
certain amount of money
that's what i'm going to stick with but
if i start getting into profit
i will take that profit especially if i
see a loss of momentum if i see a loss
of momentum i'm out of the trade right
away and i'm looking for my next entry
so that's why you can see some of these
are 80 and some of them are two dollars
some of them are 23 cents
but overall right here there are
53 trades 53 total trades
of those 53 trades 48 were winners
and five were losses so if you do the
math on that
48 divided by 53 that is over a
90 win rate which is freaking incredible
i'm going
to keep doing this on this account and
eventually if i start
seeing you know good statistics over
time you always have to back test
and forward test so i've been testing
this seeing how it goes
not being too risky but once the
strategy gets really honed in
and i become more comfortable with this
on a daily basis and i know
my us 30 pair and i know which direction
it's going to go because the more you
trade a pair
the more comfortable you get with it
eventually i will move this strategy to
my main account
and trade much bigger lot sizes because
you can imagine
with the us 30 on a point zero one and
i'm making one dollar per one dollar
move
it's nice for a small account but
imagine if you have a 50 000
account and you're doing i don't know a
0.25
then your screenshots and testimonials
are going to look more
like this you can see the difference i
mean that's thousands of dollars
in one day so if you guys want to learn
my scalping strategy and how i actually
do this trading in between moving
averages
i've linked the video down below and a
card right here but essentially i just
wanted to show you guys
how scalping can be beneficial for you
especially if you're an impatient trader
and you don't want to hold trades for
three days
or you know watch the markets and
strengthen resistance like
this is strictly price action trading
this is
not going into fundamental technical
analysis this is just
taking advantage of the big moves that
are happening right now
for a very short period of time most of
these trades
were no longer than 15 minutes
a majority were done in two or three
minutes
so again links in the description below
if you guys enjoyed this video and got
some value out of it
i'd appreciate a big fat thumbs up down
below and if you have not already
consider subscribing to the channel for
more videos like this
thanks for watching and we'll see you
tomorrow