My New Simple Strategy For Beginners! Real Showcasing How To Use It!

Summary

In this video, Simon, a professional trader with nine years of experience, shares a strategy designed for beginners to help them grasp the basics of trading. He walks viewers through key steps, explaining how to use indicators like RSI and MACD to make informed decisions. Simon invites viewers to join his trading community for live sessions where they can learn real-time market analysis and gain practical insights. With a focus on clear, actionable strategies, Simon offers a roadmap for growing trading skills and building financial confidence.

Takeaways

• 😀 A trading strategy that helps beginners grasp the basics of trading and build financial skills.
• 😀 Simon has 9 years of experience in trading, having worked with top financial firms and platforms.
• 😀 The video walks viewers through a proven strategy that uses two key indicators: RSI and MACD.
• 😀 RSI helps determine if the price is closer to the upper or lower end of the range, while MACD shows the overall trend direction.
• 😀 The strategy focuses on observing the price action and key levels where price tends to reverse.
• 😀 Traders should watch for signs of upward or downward momentum and identify levels that might lead to price reversal.
• 😀 The approach emphasizes practical, hands-on learning and not just theoretical concepts.
• 😀 Simon invites viewers to join his live trading community for real-time analysis and support.
• 😀 The trading system is based on clear and simple methods to understand market behavior and build confidence.
• 😀 The community offers daily live sessions where participants can ask questions and apply their learning at their own pace.
• 😀 Consistency, patience, and avoiding emotional decisions are key to successful trading and improving financial skills.

Q & A

What is the core message of Simon's trading strategy?

The core message of Simon's strategy is that trading is not about luck or guesswork, but about following a structured system. His approach focuses on using technical indicators like RSI and MACD to analyze market conditions and make informed trading decisions.

How does Simon use the RSI and MACD in his trading strategy?

Simon uses the RSI (Relative Strength Index) to determine whether the market is overbought or oversold, indicating potential price reversals. The MACD (Moving Average Convergence Divergence) helps him identify the overall trend and whether the market is strengthening or weakening.

What role does price behavior play in Simon’s trading decisions?

Price behavior is crucial in Simon's decision-making process. By observing the price's movement at key levels (such as previous highs or lows), Simon can anticipate potential reversals or breakouts, and make strategic decisions based on the market's reaction.

Why does Simon emphasize patience in trading?

Simon emphasizes patience because successful trading requires careful observation and timing. Rushed decisions or emotional reactions can lead to poor outcomes. By waiting for clear signals from the market, traders can make more deliberate and informed decisions.

What does Simon mean by 'trading is like learning an instrument'?

Simon compares trading to learning an instrument because both require practice, dedication, and systematic learning. Initially, one must follow the rules (like reading music or using indicators), but over time, as you gain experience, you develop the ability to trade with confidence and intuition.

What does Simon offer in his trading community?

In Simon’s trading community, he offers live trading sessions, where he shares his market analysis, explains his decisions in real-time, and supports members as they learn. The community focuses on practical education, helping members understand the market without confusing theory.

How does Simon explain the concept of market structure in his strategy?

Simon explains market structure by analyzing key price levels where the market has previously stalled or reversed. By identifying these levels, he can predict when the price might reverse or break through, allowing him to make more precise trade entries and exits.

What is Simon's approach to risk management in trading?

While the script doesn't go into detail about risk management, Simon’s emphasis on taking time to analyze the market and making deliberate decisions suggests that he likely advocates for calculated risks. His approach relies on reducing randomness and relying on clear, observable market conditions rather than emotion-driven decisions.

What is the significance of using both RSI and MACD together?

The significance of using both RSI and MACD together is that they complement each other. RSI helps identify when the market is overbought or oversold, while MACD helps confirm the trend direction. This combination allows for more accurate and reliable trading decisions.

What is the ultimate goal for members of Simon’s trading community?

The ultimate goal for members of Simon’s trading community is to become independent traders who understand the market and can apply trading strategies confidently. The community aims to build skills step by step, starting with basic concepts and gradually progressing toward advanced trading techniques.