15 Minute Band Risk Assessment
Introducing our brand new 15 Minute band assessment calculator. This quick and easy tool will let you quickly decide whether or not you should enter an upcoming trade.
This is based on a point system using data collected from hours and hours of video. Basically, if your point total is 4 or above it is considered a low risk trade. 4 is considered low risk where 5 and above is considered a “go ahead” entry.
In the first section you will enter a 1 for any of the correlating items.
In the “Big Move” section you will enter 2 if you are taking a trade with the previous big move or a minus (-2) if you’re going against it.
The final section consists of “Is it with you or against you?”. If the strong trend is with you enter a 1. If the strong trend is against you enter a minus 1 (-1). Now, the same goes for all the arrows. Enter 1 or -1 according to what is actively with you or against you. If the total is 4 it is low risk and 5+ are good trades. 15 is the UNICORN, pretty sure it doesn’t exist!
So far, so good! Feel free to test this on recorded videos, demo, and then go live! I truly believe that this will be able to be used with several different setups. More or less just repace the 15 band with 5 minute band and so on. This “assessment calculator” will give you a baseline on when to enter trades. You will miss some winning trades but it will prevent most of the losses.
If you are currently a new member, this is a must!
This tool helps our new members take trades or more importantly, stay out of bad trades.
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