I saw a video on Youtube where the trader is able to make money trading, even when he is wrong...
The key points:
He is able to be in drawdown from 8 trades in a row, because he is not risking a large lot size per trade.
He knows the market will retrace back or close to the original first trade,
The newer trades act as the profitable trades to dampen the loss from the earlier trades
I am not an english native speaker so I dont understand everything in the video..do you know where I could find more info on this strategy in text/pdf?
Is it possible to share the video here in case someone is intersted in sharing more details about this strategy?
What else would you expect from a YouTube influencer? Of course, the majority of YouTubers, when they fail, are after views to get a profit after 1 month if the channel is monetized.
You know the current trend on YouTube of influencers who have an account there; it doesn't matter if they look stupid or lie; what they say is fine.
Because what they're after is to criticize, bash, and get noticed in the video they'll upload to their channel to attract the attention of the YouTube community.
It doesn't just happen once to different influencers, to be honest.