1. YouTube Summaries
  2. From Scalper to Swing Trader: How Tori Trades Achieved $100,000 in 6 Trades

From Scalper to Swing Trader: How Tori Trades Achieved $100,000 in 6 Trades

By scribe 4 minute read

Create articles from any YouTube video or use our API to get YouTube transcriptions

Start for free
or, create a free article to see how easy it is.

Tori Trades' Trading Journey

Tori Trades, a successful trader and educator, recently shared her incredible trading journey on the Words of Wisdom podcast. In this episode, she discusses her transition from scalping to swing trading and reveals how she achieved $100,000 in profits with just six trades this year.

The Transition to Swing Trading

Tori explains that 2023 was her journey into swing trading on the 4-hour timeframe. She spent the entire year mastering this new approach:

"All of 2023 was my journey into swing trading that 4-hour timeframe. I went through every single month... I did a YouTube video where I went through my entire journey of that transition from the 1 hour to the 4 hour."

She emphasizes that this transition was not easy and required patience and persistence:

"January was awful... you could see the struggles that I was having trying to just stick to the 4 hour. Then February was a little bit better and so on and so forth."

Achieving $100,000 in 6 Trades

After a year of hard work and adaptation, Tori's efforts paid off in 2024:

"This year so far we have $100,000. How many trades is it? It is six trades. I can count on my freaking hands how many trades that has taken me to get to 100,000."

This remarkable achievement showcases the power of patience, strategy refinement, and increased position sizing.

Key Factors in Tori's Success

  1. Mastering a single timeframe: Tori focused on mastering the 4-hour timeframe before increasing her position size.

  2. Gradual position size increase: "I started out with 10 contracts at the beginning of the year and gradually kind of worked my way to these 20 contracts."

  3. Confidence in her instrument: "With Platinum, 20 [contracts] and it's easy. I feel confident and comfortable in it."

  4. Patience and discipline: Tori learned to be patient with her trades and let them play out, even when facing significant fluctuations.

Challenges and Lessons Learned

Managing Emotions and Exhaustion

Tori candidly shares the emotional challenges of swing trading, especially with larger position sizes:

"It was exhausting, exhausting... This year I'm getting a handle on it, but oh, it was exhausting and like this year I think is a reflection of the things that I've done to put into place to help me with that."

She emphasizes the importance of understanding that swing trading takes time and requires patience:

"Understanding that this is going to take time... swing trading is literally what it is, it's just time, it's waiting for it."

Overcoming the Urge to Close Trades Early

One of Tori's main challenges this year has been resisting the temptation to close trades early due to significant profits:

"Every trade I've taken this year, every one out of all six... I clipped out early because I'm up x amount and that's exciting... if I go back and actually analyze every trade, entries were sniper, by the book, A++. Exits? None of them were by the book."

She acknowledges that this is an area for improvement:

"That's something that I'm going to continue to struggle with or wrestle with for the rest of the year is being more comfortable with those dollar amounts and let the trade play out for its entirety."

Advice for New Traders

Tori offers valuable advice for new traders based on her experience:

  1. Have faith in your strategy: "If you can have full faith... I'm talking unwavering faith that this strategy is going to work... you would have tunnel vision, you would work in every different way."

  2. Commit to mastering one strategy: "If you committed everything to mastering that strategy, there is nothing but success at the end of it."

  3. Be patient: Understand that success in trading takes time and requires consistent effort.

  4. Manage your mental capital: Engage in activities outside of trading to maintain a healthy mindset.

  5. Use data wisely: Utilize trading journals and analytics to identify patterns and areas for improvement.

The Importance of Passion and Continuous Learning

Tori emphasizes the need for passion in trading:

"You got to have the passion for it... it's fascinating. It's cool to have a community too because it helps build the passion and it's the excitement."

She also highlights the importance of continuous learning and adaptation:

"I think that's part of the journey, that's part of the excitement, the passion, but also you know the freedom it gives you and the lifestyle it gives you."

Conclusion

Tori Trades' journey from scalper to successful swing trader is an inspiring example of what can be achieved with dedication, patience, and a willingness to adapt. Her story highlights the importance of mastering a strategy, gradually increasing position size, and managing emotions in the face of significant profits and losses.

As Tori continues to refine her approach and tackle new challenges, her experience offers valuable lessons for traders at all levels. By focusing on consistent improvement, maintaining faith in a well-tested strategy, and balancing trading with a healthy lifestyle, traders can work towards achieving similar levels of success in their own journeys.

Article created from: https://youtu.be/IGaHFOIPyVg?si=u9c8ScKqK-rXjOjG

Ready to automate your
LinkedIn, Twitter and blog posts with AI?

Start for free