Whether the market bleeds, there are a bunch of traders who know how to handle the trades and squeeze every bit in their favor. If the 6hr swing trend perfectly rhymes with the swing cycle, every trade is in their favor. Picture worth a thousand words.
Our setup loses 51 trades but wins 45 to forecast 122.4k in profits given paid 0.85% in commission. If the commission is omitted, the net profit will tend to top 155.3k in 53 winning trades versus 43 losing trades with a 5.6% profit factor acclaimed.
Generating calculations of the swings between Jan 1st, 2022 until July 29th, 2022, we executed forecasted 8 trades with 62.5% profits accumulating 27.62% of net profit with a profit factor 6.68% having max drawdown of 5.1k.
The maths is clear. Forecasted 7 months 27.6k net profit is based on zero dollar commission paid basis. If the commission is 0.50% or say the spread is paid on that basis, one can accumulate about 24.5k net profit with 8 total trades averaging about one trade a month and return by 62.6% profit with a profit factor of 5.05%.
The basic idea here is to learn how swing traders smart the market regardless of its conditions. At times, they are aggressive to risk higher but profit greater. Other times, they might take a relaxed approach and auto execute single trade a month in average and still profit when the entire world seems gone crazy and lost most or get wiped out.
Not a financial advise.
Our setup loses 51 trades but wins 45 to forecast 122.4k in profits given paid 0.85% in commission. If the commission is omitted, the net profit will tend to top 155.3k in 53 winning trades versus 43 losing trades with a 5.6% profit factor acclaimed.
Generating calculations of the swings between Jan 1st, 2022 until July 29th, 2022, we executed forecasted 8 trades with 62.5% profits accumulating 27.62% of net profit with a profit factor 6.68% having max drawdown of 5.1k.
The maths is clear. Forecasted 7 months 27.6k net profit is based on zero dollar commission paid basis. If the commission is 0.50% or say the spread is paid on that basis, one can accumulate about 24.5k net profit with 8 total trades averaging about one trade a month and return by 62.6% profit with a profit factor of 5.05%.
The basic idea here is to learn how swing traders smart the market regardless of its conditions. At times, they are aggressive to risk higher but profit greater. Other times, they might take a relaxed approach and auto execute single trade a month in average and still profit when the entire world seems gone crazy and lost most or get wiped out.
Not a financial advise.
Join our Bitcoin community at coresats.com/. Interested to ride on "Bitcoin" indicator and strategy that avoids emotions and helps focus on chart patterns and returns? You got it. Let's thrive together!