Okala, a prop-firm trader with $5 million in payouts, shares his 70% win-rate scalping system built on NASDAQ price levels and market structure. He walks through three entry variations, including his preferred "repair entry" for shorts, each risking about 10 points. The strategy has generated $3 million in the last year trading entirely from his phone.
This trader has achieved over $5 million in payouts in his career so far, $3 million of which was just last year. And today we're going to go through his exact strategy that has allowed him to do that.
I couldn't use order flow, I couldn't use indicators, so I had to adapt to using just what I see. This is something that I kind of got together over the years, and this is how I developed my edge.
This trader has a 70% win rate and over $5 million in payouts, all while trading from his phone. On this episode of Chart Fanatics, we introduce you to Okala, a world-class prop firm trader.
My strategy is called the 80/20 strategy, and it's based off the NASDAQ. Over the years, that's what I've noticed is 680, 620, and there's levels in between, but the big ones are going to be 80 and 20. So I'm looking at the levels and I'm looking at market structure. So what does that— what does that mean? What is market structure? Well, I have two separate forms of looking at market structure.
So in this episode of Chart Fanatics, we break down the exact strategy by Ocala. This strategy allows you to trade multiple times a day, trading straight from your phone, as simple yet precise 80/20 levels strategy.
The next one I wanted to really show the audience is kind of the same one I showed the first time, where you combine all of these together to get your, your entry with no risk. Well, 10 points of risk.
Carlo in this episode goes step by step through his exact process, 3 separate variations of entry criteria that allows you to get funded and to get consistent payouts from futures prop firms.
The next setup, and this is my favorite setup because I love, I love short. I hate an uptrend. It's called the repair entry. What that is, very simple. It's basically— I take it one step further, some live trading segments.
Reason why I'm putting my order right here at 48 is because we have all this and so much more in this episode on Chart Fanatics.
