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?
You can't be wrong and still make money in Trading, its impossible. You should watch out for all this influencer, YouTubers, affiliates most don't know how to trade they just look for there baits that would pay them for there courses and keep feeding people with lies and unrealistic results.
That shouldn't be your problem mate, you should be concerned on developing yourself and your skills to leverage on your ability to approach the market than running after such strategy. There is no shortcut in trading you have to follow, learn and endure the process, the earlier you realize this the better.
Sort out for reliable strategy and learn more on it than learning an unrealistic approach don't be pressure or hasty to earn but consider learning as major part of the game to ease your journey. You can apply for Mentorship programme to help you and you will be amazed on how fast you grow.