How Tori Trades Uses Simple Trend Line Strategy to Profit

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September 14, 2024
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Humbled Trader
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How Tori Trades Uses Simple Trend Line Strategy to Profit

TL;DR

Tori Trades profits with a simple strategy built around a three-touch-point trend-line break, followed by holding the new bullish or bearish trend as long as possible. She applies strict entry criteria on the 4-hour futures chart and has traded instruments including platinum and crude oil. Her experience also shows why patience, chart time, and managing the urge to take profits early matter. Read on for her setups, process, and biggest lessons.

Transcript

I I've had the ability or the opportunity to have a $50,000 trade, but I have clipped out of most of my trades early because I'm like, "We're at 30,000. Close it." Or, "We're at 40,000. Close it." So, it's the dollar amounts are getting to me. And then I actually was a beauty school dropout. Didn't even make it past beauty school. And then my uncle... Read More

Key Insights

  • Tori's core strategy is trend lines, narrowed over years to roughly two or three setups centered on a three-touch-point break of a trend line, then staying in the new bullish or bearish trend for as long as possible.
  • Simple strategies still require strict criteria. Tori says many things must fall into place before she takes a setup, so it is not just drawing lines on a chart like a coloring book.
  • Trading a higher time frame means fewer, slower setups. Tori trades the 4-hour chart, so it takes a while for even one setup to be presented.
  • Platinum became Tori's main 2026 instrument because she found it respects trend lines, regularly giving four or five touch points, though she calls the choice random and previously traded crude oil.
  • Having a trusted, tangible mentor was decisive. Tori's uncle taught her at 23, let her live with him a year to watch his real accounts and trades, so she never doubted he was gatekeeping or faking results.
  • Consistency is the hardest part, and blaming your mentor is a warning sign. Tori says when you start blaming someone else for your trading you are going off the rails.
  • Impatience is the biggest early mistake. Tori wishes she had known trading is a multi-year journey; wanting to rush from zero to 100 kept her from enjoying the process.
  • Transitioning from day trading to swing trading took nearly a full year. Tori moved from the 5-minute to 1-hour to 4-hour time frame and needed almost a year to feel confident staying on the 4-hour.

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Questions & Answers

Q: What is Tori Trades' trend-line strategy?

Tori focuses on two or three setups, especially a break of a trend line with three touch points. After the break, she tries to remain in the new bullish or bearish trend for as long as possible.

Q: Why does Tori say her simple trend-line strategy is not easy?

Many criteria must align before Tori will take a setup, so the method involves more than casually drawing lines on a chart. She waits for qualifying opportunities, which can take time because she trades the 4-hour chart.

Q: What time frame and market does Tori Trades use?

Tori trades futures on the 4-hour time frame. She has traded mostly platinum this year and previously considered crude oil one of her main instruments.

Q: Why does Tori Trades focus on platinum?

Tori says the choice was random, but she found considerable success with platinum because it respects trend lines. She regularly sees four or five touch points on its trend lines.

Q: How did Tori Trades learn to trade?

Tori's uncle, a self-taught retail stock trader, offered to show her what he did. She began in the stock market, and the existing page summary says she started at age 23 on the 5-minute chart and lived with him for a year to observe his real accounts and trades.

Q: What does Tori say is the hardest part of becoming a successful trader?

Tori identifies patience and the desire to rush from zero to 100 as major challenges. She says that knowing trading would take a few years would have helped her enjoy the process instead of becoming frustrated by inconsistent results.

Q: Why does Tori Trades close profitable trades early?

Large dollar amounts affect Tori's decisions while she is holding winners. Although she has had an opportunity for a $50,000 trade, she says she often exits when a position reaches $30,000 or $40,000.

Q: What does Tori recommend when a trader struggles with consistency?

Tori recommends continuing to accumulate chart time and distinguishing a good loss from a bad loss. She also warns that blaming someone else for your own trading is a sign that you are going off the rails.

Summary & Key Takeaways

  • Tori Trades, the podcast's first female guest, trades a deliberately simple trend line strategy on the 4-hour futures chart. Her main setup is a three-touch-point break of a trend line, after which she tries to stay in the new bullish or bearish trend for as long as possible.

  • She learned to trade from her uncle, a self-taught retail stock trader, starting at age 23 on the 5-minute stock chart. She lived with him for a year to watch his real accounts, and of all the family members he taught, she is the only one who made it work over nine years.

  • Her biggest lesson is patience: she rushed to go from zero to 100 and struggled with consistency, sometimes wrongly blaming her uncle. She also clips profits early, closing trades at 30,000 or 40,000 because the dollar amounts get to her, and discusses social media's impact on traders' mental health.


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