The ONLY 2 Indicators I've Used to Make $843,886 Day Trading

Summary

The presenter describes a trend-following day-trading approach based on moving averages and price action. He claims to have made over $850,000—also described in the title as $843,886—from day trading stocks over the past couple of years, with returns exceeding 1,000% on a personal account held at Charles Schwab. He says he trades his own capital rather than prop-firm funds. These performance figures are his claims and are not independently verified in the subtitles.

Indicators and Chart Setup

Although the video title refers to two indicators, the system uses three moving-average lines:

• 9-period EMA: Short-term trend and momentum.
• 20-period SMA: Medium-term trend and pullback reference.
• 200-period SMA: Longer-term support or resistance and potential target.

He recommends using regular Japanese candlesticks and removing other indicators, while optionally leaving volume visible. He says he does not use tools such as MACD, RSI, Fibonacci, Stochastic, VWAP, Bollinger Bands, or the “Fear Leaders Index” (as rendered in the subtitles).

He emphasizes that moving averages are only one component of a trading plan. They are lagging indicators and do not provide standalone buy or sell signals.

Trading Framework

• Trade with the prevailing trend: He says he trades in the direction of price about 95% of the time, rather than trying to pick tops or bottoms.
• Focus on two setups:
  • Pullbacks: Enter during a correction within an established trend, seeking continuation.
  • Base breakouts or breakdowns: Enter when price leaves a consolidation in the direction of the trend.
• Use the 20 SMA and 9 EMA as dynamic references: In an uptrend, he looks for rising averages beneath or near price. In a downtrend, he looks for falling averages above or near price. Pullbacks toward these lines—or into the zone between them—may offer entries if price action supports the setup.
• Look for confirmation across timeframes: A break of an average on a short chart may look different on a longer chart.
• Use the 200 SMA as a potential barrier or target: It can act as resistance when price is below it and support when price is above it. He may avoid a long position if the 200 SMA is immediately overhead.
• Manage entries and exits: In examples, he enters after a candle or breakout confirmation and places or adjusts stops below a pullback low, candle low, or reversal point.

Conditions and Cautions

• Avoid stocks with no momentum or a flat 20 SMA, which he associates with sideways trading.
• He describes an approximately 45° slope as desirable. A very steep slope may indicate an extended or exhausted move, while a flat slope suggests insufficient momentum. This is a visual guideline, not a precise measurement.
• Avoid chasing price when it is far from the 20 SMA. He describes this distance as “extension” and warns against entering when a trend may be overbought or exhausted.
• After a sharp acceleration, he cautions against taking the first pullback or breakout, saying the stock may need more time to consolidate.
• Moving-average touches need not be exact, and no setup is perfect.
• He does not recommend trading solely because price reaches a moving average.

Timeframes

The presenter gives this intraday schedule for the 9 EMA and 20 SMA:

• 9:30–10:00 a.m. Eastern: 1- and 2-minute charts.
• 10:00 a.m.–12:00 p.m.: 2- and 5-minute charts.
• 12:00–4:00 p.m.: 5- and 15-minute charts.

He says he displays the 200 SMA on 1-, 2-, 5-, and 15-minute charts, but finds it most useful on hourly, daily, and weekly charts.

Trade Examples and Figures

• LASE: On June 2, he says he earned $4,368. The stock gapped roughly 30%, from about $0.93 to $1.20. He describes entries around pullbacks to moving averages on 2- and 5-minute charts, with stops tightened as the trade advanced. He says he exited around $1.80. The stock later reached about $2.24, near the daily 200 SMA at $2.27, which he had identified as a potential resistance or target area.
• LASE short trades: He reports making $7,144 from September 8–9, including a short as the stock fell from $1.40 to $1.11. He highlights consolidations near declining moving averages as possible short entries.
• ANF: He discusses a stock trading around $130 and a subsequent roughly 20% gap up. He uses the 20 SMA and 200 SMA to illustrate pullbacks, breakouts, and retests, while noting that the averages were not respected perfectly. One possible pullback approach he describes is to consider entering after price regains the 20 SMA, with a stop below the pullback low.
• DKS (Dick’s Sporting Goods): He describes an overnight gap down and a fall from about $179 to $142, roughly 20%, as an example of a bearish trend with pullbacks toward the 9 EMA and 20 SMA.
• Shopify: Cited as an example of a base breakout and price action around moving averages.

He says the approach can be applied to small-, mid-, and large-cap stocks, as well as technology stocks, gold, silver, and cryptocurrency.

Presenter and Sources

The presenter is Emmanuel Malyarovich (channel); he also credits his father as his original trading mentor. Platforms mentioned include Charles Schwab/thinkorswim and TradingView.

The presenter promotes a mentorship program and a free 10-hour trading course. No explicit “not financial advice” disclaimer appears in the supplied subtitles.