If you want to maximize your win rate and reduce the overall stop hunts, you need to combine HTF and LTF and work with facts and confirmations without emotions.
Price action and smart money trading may improve your day trading and scalping skills, it may also make you improve the win rate and overall success. However, it is not easy or simple, there is no best trading strategy, everything is about money and risk management!
You can use these trading strategies with cryptocurrencies, forex, commodities, and futures, even for stocks, and penny stocks scalping and day trading. ICT is the main developer of these methods with price action trading, innercircletrader usually speaks of smart money concepts. It is also possible to watch ICT Mentorship Course and ICT Concepts.
Becoming a day trader and scalper is the dream of every beginner trader. However, the truth is; becoming a day trader is the most difficult task in the world. You need at least 3 to 5 years of daily practice to become a consistent trader. But, I can guide you through this journey, I hope everything works for you well.
These best supply and demand strategies are usable for forex, coins, cryptocurrencies, commodities, index futures, stocks, and penny stocks scalping and day trading. Even ICT uses similar methods with price action trading, as you know smart money concept is mostly developed by innercircletrader. I also recommended you watch ICT Mentorship Course and ICT Concepts.
Remember, the only purpose of the RANGES is accumulating orders for the new EXPLOSION! So if the price is ranging for a long time, you need to be extra careful while placing orders
VWAP is one of the few volume indicators that could be useful. It can guide your bias when you are confused. However, no indicator in the world cannot replace the PRICE!
Are you dreaming to be a pro scalper or day trader? Let me tell you, scalping and day trading is not easy or simple! You need to work hard to achieve to be a profitable trader. It takes up to 5 years to become a full-time trader. However, with hard work, it may be possible.
You need to daily practice to be a consistent and successful day trader or scalper. This supply and demand trading method is usable for cryptocurrencies, forex, commodities, and futures, even for stocks, and penny stocks scalping and day trading. Innercircletrader uses similar strategies with price action and most of the smart money concepts are developed by ICT. I also advise you to watch ICT Mentorship Course and ICT Concepts.
When you evaluate a supply or demand zone, you always need to check how much LIQ HUNTED before, the conclusion will give you a risk assessment between HIGH and LOW probability trades.
“Scalping become a very popular trading method in recent years. However, it is not easy at all. You will need at least 3 years of daily practice to master this profession. I will try to guide you on this journey. My number one and best trading strategy is RISK MANAGEMENT and PROTECTING my account.
In order to day trading, you should learn supply and demand trading and master it. This supply and demand trading strategy is usable for cryptocurrencies, forex, commodities, and futures, even for stocks, and penny stocks scalping and day trading. Innercircletrader uses similar strategies with price action and most of the smart money concepts are developed by ICT. I also advise you to watch ICT Mentorship Course and ICT Concepts.
Scalping is not easy, and it will never be easy unless you work really hard and master specific trading concepts for years. Day trading is becoming quite a popular profession in the world, however, nothing happens every day. In my opinion, it requires 12 months of training with daily day trading and scalping practice.
This trading strategy will improve your trading drastically. The power of three is usable for cryptocurrencies, forex, commodities, and futures, even for stocks, and penny stocks scalping and day trading. Innercircletrader uses these methods generally, I like how ICT uses these strategies for smart money concepts. I also strongly suggest you watch ICT Mentorship Course and ICT Concepts.