that's the Futures Market that's the symbol for Google I can guarantee you guys know what apple and Tesla and Netflix and Google is now we want to get in on this downward Trend how do we make money when the markets go [Music] down I have got an incredibly simple strategy that you can start implementing as a beginner today after this video it is three steps you can apply this to any Market in any time frame I made 200k this year simply by trading trend lines I've seen my uncle make millions of doll simply by trading
trend lines and I've got plenty of students whove been able to be profitable and consistent with trend lines as well here are the three steps the first step is simply identifying the trend Second Step waiting for the price to break out of the trend third step enter the reversal okay now what does that look like how do we identify a trend I'm going to make this as simple as possible we're going to start by just opening our web browser going to Google you're going to open Google and type in trading view trading view is the
platform where we can mark up our charts and identify Trends all right once you've made it into trading view we're going to pull up a chart this is the coolest part you you can pick any chart you would like any chart and any time frame I'm going to open Platinum it's one of my favorite instruments to trade and I've noticed in my 9 years of trading that it respects trend lines 2 a t the symbol for platinum is pl1 exclamation point now if you are a super newbie and have no idea what pl1 exclamation point
means or what Futures are I can guarantee you guys know what apple and Tesla and Netflix and Google is you can go to the stock market type in a a l that's the symbol for Apple launch chart you can type in g o o g that's the symbol for Google launch chart you can type in TSLA that's the symbol for Tesla launch chart all right we're getting into Platinum pl1 exclamation point that's the Futures Market that's things like Commodities energies Metals indices all right launch chart this is a chart for platinum Futures in the 4-Hour
time frame the coolest part about this strategy is you can pick any time frame you'd like now what do the different time frames mean it simply means the time the price has moved between each Candle on the screen so if we zoom in and look at each candle here that means this is 4 hours worth of price movement next candle 4 hours worth of price movement so on and so forth now if we go to the 1H hour time frame each one of these candles is only an hour's worth of price movement and if you
go to the 5 minute time frame each one of these candles is 5 minutes worth of price movement you can pick any time frame you'd like if you're trading the 5-minute time frame you might not be in your trades for very long you might be in them for an hour 2 hours whereas if you're trading the 4-Hour time frame you might be in your trades for a week or two weeks so there's different types of Traders long-term investors swing Traders day Traders and scalpers it is simply just the way you look at the pie so
regardless of what time frame you pick we can apply this strategy to anyone I'm going to trade in the 4our time frame now I'm going to use the replay tool here to show you guys some examples in the past of how this strategy worked out you guys are going to be applying this to real-time data and if you guys make it to the end of the video I'll give you guys a little sneak peek at how this strategy has made me 200k this year so first things first step one identify the trend how do we
do that we're going to utilize the tool boox on the left hand side of trading view we're going to go to the trend line tools hit the arrow to the left and we're going to use the ray tool this is how we draw all of our trend lines on trading view when we're drawing our trend lines we are simply trying to look for the lowest point we see on the screen and then trying to capture as many touch points as we can without price intersecting here we've drawn an upward trend line with one two three
touch points excellent good job now that's step one step two wait this is the hardest part of the strategy sitting on your hands and waiting for the price to break the trend so now we wait oh here we go step three get in on the trend reversal this signifies an entry the price of platinum is no longer trending up we just got a break of the upward trend line now we want to get in on this downward Trend price was trending up price broke the upward trend line now we're anticipating the price is going to
continue trending down now trending in the opposite direction so this is called a trend reversal this is what we're trying to get in on now we need to identify a downward trend line so instead of looking for the lowest point we see on the screen we're going to look for the highest point we see on the screen same scenario we're going to try to capture as many touch points as we can without price intersecting point a point B all right now we get into the trade so we are placing a sell order first I know
for some beginners that may be a little bit confusing how do we make money when the markets go down when we're trading with a brokerage they allow you to borrow shares and sell them before you actually own them so we are anticipating that the price is going to go down so we are selling the shares to later then when price drops buy them back and that's a profit now we rinse and repeat we are going to stay in this trade until price breaks out of it a trend and then we get yet another Trend reversal
here's a tip when drawing your trend lines the more touch points you can get the better how long do we stay in this trade rinse and repeat same process as the first one draw the trend line find as many touch points as you can without price intersecting and now in this scenario instead of waiting to enter we are going to wait to close there we go price broke no more waiting now let's go back to Step One identify the trend when drawing upward trend lines we're looking for the lowest point we see on the screen
trying to capture as many touch points as we can without the price intersecting now rinse and repeat this was the most Broad and simple overview of my strategy but this is something that you can start implementing today full disclaimer it doesn't work out like this every single time every single trade there's going to be scenarios where you get into a trend reversal and the price fakes you out goes against you doesn't actually Trend in the New Direction this was an example when price works in your favor stay tuned on my channel so that I can
show you guys what to do in situations when the price doesn't work out as easy and congratulations you just watch the most basic strategy for trend line Trading that you can start implementing today with that being said I did promise a sneak peek into my trading results so let me show you guys some real broker statements validating that my results are real using this strategy I use the broker trade station this is my portfolio for trade station all righty guys here are my statements for the year of 2024 pause at any time to make sure
that you can verify look at the account balances totals profit and loss here we go speed round January through December 2024 January February March April May I took June off July August September October November I didn't trade December maybe I'll trade but probably not and that is my broker savings for 2024 using this simple strategy thank you guys for watching this video don't forget to drop a comment if you have any questions or enjoy the content of this video for future trend line trading tips and tricks continue to follow along my channel hit the Subscribe
button don't forget to hit the like and I'll see you guys in the next video
