How to get 75% to 90% winning rate using BTMM

[Steven Njau]

Achieving a 75% to 90% winning rate using the Beat the Market Maker (BTMM) strategy requires a combination of thorough understanding, disciplined execution, and consistent refinement. Here’s a detailed guide to help you achieve such high success rates with BTMM:

1. Master the BTMM Strategy​

• Understand Market Maker Behavior: Know how market makers manipulate prices to trigger stop losses and set traps. Study their patterns and common practices.
• Learn the Sessions: Familiarize yourself with the behavior of the market during the Asian, London, and New York sessions.
• Identify Key Levels: Mark significant support and resistance levels, psychological price levels, and previous day’s high/low.

2. Use High-Probability Setups​

• Market Maker Zones: Focus on trading around key zones where market makers are likely to set traps.
• Stop Hunts: Look for stop hunt patterns, where the market briefly moves against the trend to trigger stop losses before reversing.
• Reversal Patterns: Identify clear reversal patterns after stop hunts or at key levels.

3. Perfect Your Entry and Exit Points​

• Precision Entries: Enter trades at points where the market shows clear signs of reversal after a stop hunt or around key levels.
• Risk Management: Use tight stop losses just beyond the market maker trap zones.
• Take Profits Wisely: Set take profit levels at logical points before significant resistance or support levels.

4. Develop a Robust Trading Plan​

• Daily Bias: Establish a daily bias (long or short) based on the analysis of the overall trend and key levels.
• Trade Criteria: Set strict criteria for entering and exiting trades. Only take trades that meet all your criteria.
• Risk-Reward Ratio: Maintain a favorable risk-reward ratio (e.g., 1:3 or better).

5. Backtesting and Demo Trading​

• Backtest Thoroughly: Test your strategy on historical data to identify high-probability setups and refine your approach.
• Demo Trade: Practice your strategy in a demo account to gain confidence and refine your execution without risking real money.

6. Continuous Learning and Improvement​

• Review Trades: Regularly review your trades to identify patterns and areas for improvement.
• Stay Informed: Keep up with market news and events that can affect price movements.
• Adapt and Refine: Be willing to adjust your strategy based on your review and new market insights.

7. Psychological Discipline​

• Patience: Wait for high-probability setups and avoid overtrading.
• Emotional Control: Stay calm and stick to your plan, avoiding emotional decisions.
• Consistency: Be consistent in applying your strategy and rules.

8. Utilize Technology and Tools​

• Indicators and Alerts: Use indicators and set alerts for key levels and potential trade setups.
• Trading Journal: Maintain a trading journal to track your trades, analyze performance, and identify areas for improvement.

Example Strategy Execution​

1. Daily Analysis:
   • Determine the overall trend and daily bias.
   • Identify key levels (previous high/low, support/resistance).
2. During Trading Sessions:
   • Monitor for stop hunts around key levels during the London and New York sessions.
   • Wait for confirmation of reversal patterns before entering a trade.
3. Trade Execution:
   • Enter at the point of reversal with a tight stop loss.
   • Set take profit levels based on logical points (e.g., before significant resistance or support).
4. Post-Trade Review:
   • Review the trade outcome and document it in your trading journal.
   • Analyze what worked and what didn’t to refine your strategy.

By diligently following these steps, continuously learning, and maintaining psychological discipline, you can significantly increase your chances of achieving a high winning rate using the BTMM strategy.