1:08:23
How I Achieved A 94% Win Rate (NEW STRATEGY)
PB Trading
Overview
This video details a trading strategy called the "Patty Swing" designed to achieve a high win rate, demonstrated by the speaker's two-month period with a 94% success rate. The strategy emphasizes discipline, patience, and precise entry timing, primarily around the market open. It involves identifying pre-market accumulation, market manipulation, and then capitalizing on an inversion and subsequent distribution move. The speaker stresses the importance of psychological readiness and adherence to the system, contrasting successful periods with less successful ones due to emotional trading. The core of the strategy relies on recognizing clean price action structure and strong displacement, particularly on lower timeframes like the 30-second and 1-minute charts, to identify high-probability setups.
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Chapters
- The speaker achieved a 94% win rate over a two-month period (May-June) using a specific trading strategy.
- This high win rate requires significant discipline, patience, and knowing when *not* to trade.
- Many trading days were skipped because the specific setup wasn't present.
- The average number of trades per day was one, often occurring at market open.
- The speaker acknowledges that psychological state is crucial for consistent high performance, showing a less successful July as an example of poor psychology impacting results.
Understanding the speaker's claimed performance and the conditions required (discipline, patience) sets the stage for learning the strategy and its limitations.
The speaker displays statistics showing consistent wins throughout May and June, with very few losing days, and contrasts this with a less successful July due to psychological factors.
- The Patty Swing strategy involves three main phases: pre-market accumulation (approx. 30 mins before open), market manipulation at open, and catching the inversion/distribution move.
- The process starts with higher timeframe analysis to establish a bias (long or short) and identify potential targets (gaps, key levels).
- Scenarios are built by anticipating how price might manipulate lower or higher at the open to present a trading opportunity.
- Confirmation involves observing clean structure and strong displacement on lower timeframes (1-3 minute charts) during the inversion.
- The strategy prioritizes clean, fast price action (displacement) and inversion over complex higher timeframe analysis for entry.
This chapter breaks down the core mechanics of the Patty Swing, providing the foundational steps a learner needs to understand and apply the strategy.
A detailed walkthrough of a long trade where price accumulated, manipulated lower into a 15-minute gap, inverted with strong displacement on the 30-second chart, and then moved towards a higher timeframe target.
- Clean structure is defined by a clear manipulation leg followed by a clean inversion, avoiding choppy price action and excessive 'wickiness'.
- Displacement refers to strong, fast price movement through a level or gap, indicating conviction.
- The strategy emphasizes entering on inversions occurring on very low timeframes (30-second or 1-minute charts) after a clean manipulation leg.
- High volatility around market open (9:30 AM) is beneficial as it amplifies these moves, contrary to what some traders might fear.
- The speaker highlights that good structure and displacement provide conviction for trades, even if the immediate candle close isn't ideal.
Understanding structure and displacement is crucial as they are the primary indicators of a high-probability setup within the Patty Swing strategy.
The speaker contrasts 'bad structure' (choppy, wicky price action) with 'good structure' (fast, clean manipulation and inversion), illustrating the latter with a chart example showing strong displacement through a gap.
- Before the market opens, traders must build specific scenarios for potential long or short trades based on higher timeframe analysis and key levels.
- The ideal scenario involves price manipulating towards a key level (like a gap or previous low/high) and then reversing.
- Entries are triggered by observing the inversion on low timeframes (30-second/1-minute) with good structure and displacement.
- Risk management includes setting stops and moving to breakeven once a certain profit target or key level is reached.
- The strategy can be applied in continuation moves (following the higher timeframe trend) or within ranges, depending on the market's behavior.
This chapter explains the proactive planning required before trading, ensuring a clear plan of action and reducing impulsive decisions.
The speaker outlines a scenario: if price manipulates lower into a 15-minute gap, look for a long entry on the 30-second chart; if it manipulates higher, look for a short entry.
- The speaker reviews trades from May and June, showcasing various Patty Swing setups, including continuation longs and shorts.
- Many trades are identified as 'no trade' days when the required structure or setup is absent, emphasizing selectivity.
- The importance of waiting for the specific setup, even if it means missing potential moves, is demonstrated.
- Examples include trades taken at 9:30 AM, 9:39 AM, and other times around the open, all adhering to the core principles.
- The speaker highlights how even seemingly 'bad' structure or minor deviations can still lead to successful trades if the core principles of manipulation, inversion, and displacement are present.
Reviewing actual trades provides concrete examples of the strategy in action, illustrating how to identify setups and manage trades in real market conditions.
A detailed breakdown of a long trade on June 10th, where price manipulated lower into a 15-minute gap, showing the 30-second inverse entry and targeting an unfilled hourly gap.
- A high win rate is not solely about the strategy but heavily relies on the trader's psychological state and discipline.
- Impatience leads to taking suboptimal trades or trading when the setup isn't present, significantly lowering the win rate.
- Recognizing and accepting 'no trade' days is critical for preserving capital and waiting for high-probability opportunities.
- The speaker contrasts his successful two-month period with a less successful July, attributing the decline to not trusting the system and settling for 'next best' trades.
- Focusing on execution and adherence to the plan, rather than chasing profits or proving oneself, is key to long-term success.
This chapter underscores that mastering a trading strategy requires mastering oneself, highlighting the psychological barriers to consistent success.
The speaker contrasts his high-win-rate period with a less successful July, explaining that he missed setups due to waking up late and took trades he shouldn't have, demonstrating the impact of poor psychology.
Key takeaways
- A high win rate in trading is achievable through a disciplined strategy like the Patty Swing, but requires strict adherence and patience.
- The Patty Swing strategy hinges on identifying pre-market accumulation, market manipulation at the open, and capitalizing on clean inversions with strong displacement.
- Prioritize clean structure and significant price displacement on low timeframes (30-second/1-minute) for high-probability entries.
- Proactive scenario building before market open is essential for defining trade plans and avoiding impulsive decisions.
- Recognizing and respecting 'no trade' days, when setups are unclear or absent, is as important as executing trades.
- Trading psychology and discipline are paramount; emotional trading or impatience will undermine even the best strategy.
- Volatility around market open can be leveraged to your advantage if you understand how to read the price action.
Key terms
Patty SwingWin RatePre-market AccumulationMarket ManipulationInversionDistributionStructureDisplacementHigher Timeframe AnalysisScenario BuildingBreak EvenLiquidity (LR)
Test your understanding
- What are the three main phases of the Patty Swing strategy?
- How does the speaker define 'clean structure' and 'displacement' in trading?
- Why is scenario building considered crucial before the market opens?
- What role does trading psychology play in achieving a high win rate, according to the speaker?
- How can a trader differentiate between a high-probability Patty Swing setup and a day to avoid trading?