Man speaking facts. You literally create a fake opportunity in your mind. 🤦🏻‍♂️ and then blow your gains

That was a bad habit of mine as well. Would come away from NY session blue but would stupidly get back on later just to leave the day negative. Some of us have to hit our heads more than others lol learned my lesson and taking my time now.

@saneegottze6618

11 ай бұрын

What app do you all use??

@satoriceramics6010

11 ай бұрын

@@saneegottze6618 I trade with hankotrade on mt5

@Oscarrosaa

10 ай бұрын

Same asf, recently if I have a winning morning I gtfo

The MOST powerful Indicator in Trading is "The POWER to walk away and be happy with your results!"

@gusmanue8337

5 ай бұрын

FACTS

Yeah, I noticed that this week. The more I stay in front of the chart, the more I'm impatient, anxious, or hypnotized. Which often leads to deception.

Bro bro BROOOO. Until you’ve experienced it firsthand, you don’t understand how accurate this is.

@sjkkkkklammmmnnnnjnij

11 ай бұрын

This is actually exactly what happens with gamblers too

@mansmooth255

2 ай бұрын

@@sjkkkkklammmmnnnnjnijyou are exactly right about that

Ever since ive had a cut off time of 11am. The last month ive only had 3 red days. The rest green. Amazing what staying disciplined can do. "Live with the pain of discipline, or the pain of regret"

@juicehiphop4264

11 ай бұрын

nice quote

@REGARDSHU

11 ай бұрын

Not easy to be disciplined. Until the end of July, I will stop at 11:00 whatever the result. When I respect this promise to myself, I will know that I will profitable successful disciplined trader

@zozo5065

11 ай бұрын

@@REGARDSHU you've got this!

@blackoutgstar9949

11 ай бұрын

yeah after noon or 1 pm there's no volatility. once in a while there will be that week long bull rush or bear rush. not often at all though

@martinaasen8440

9 ай бұрын

How many trades you do on a green day vs the red days?

Most people will not understand this until they've experienced it 😂😂... To God be the glory, I now have a fix rules and I always goes with it. This has made me improve so so much in my trading journey

Lol all traders go through the same process, it’s a sign to keep pushing through difficultly

Did it 2 days ago. $200 turn into $4900+ then did the same and loss all of it in 4 trade.

It can definitely be an addiction. While trading is calculated to a degree it is still a form of gambling and addiction to it is very real.

I don't revenge trade or add to losers, or do any of that other stuff. But this one here got me. This is what I am struggling with. I am working to break myself of this because, you're right, it never really works out.

Did that exact thing and lost 1200, my way of fixing it is looking at the market and imagining what patterns can result from the current movement, and ONLY taking those trades, let the market come to you💯

If you are a beginner trader I highly recommend sticking to swing trading and only taking 2 or 3 trades a month.. You want to make a trading plan every single week. Identify the trades that you plan to take before you take them.. If you identify 20 possible entries than just pick the 2 or 3 with the best confluence and stick to trading that only.

Bro the way you tell the things and the possible mistakes of traders, it tells that you are a true trader and have experience and you tell the true reality

Trading doenst have to be limited to a specific time a day I analyse the markets, i set alerts, when the alerts get triggered (it doesnt matter if 9 am or 9 pm) i trade it. Works for me

Same bro. After my trading is done. I do a journal entry and Laptop goes straight into the backpack until market open 😂

That shit killed me

@ilovepeace

Жыл бұрын

U alive or buried under shit still ?

I have a serious problem with this rn. Ill trade the open, be up a couple grand and sometimes leave with half the profits I originally had or leave the day in the red after coming back and just “watching” the market lol. Need to be more disciplined in this regard

@ZwipeAir

10 ай бұрын

Yea true bro, gambled 1000$ away today, made them back and more and wanted to call it a day. I really wanted. Again -1k

Dealing with this now...😂

People thinking about gains when first starting out usually fail at becoming an investor. The 2000$ lost is just a tuition fee, nothing to really bother worrying about in the long run. As it gives learning and information which in my book is worth exponentially more than having someone telling you a mistake you've not even made and learn 0 from.

I remember doing this all the time, I would be up until 6am waiting for a trade to happen, on my phone looking at the charts before bed and randomly trade for no reason. So happy I’m out of that phase 😂

@ghfx846

Жыл бұрын

How did you deal with that. Am struggling with same bad habits.

@TraderJoeFitness

Жыл бұрын

@@ghfx846 to be completely honest there comes a point where you just give up caring so much and end up sticking to your strategy that is consistent

@TraderJoeFitness

Жыл бұрын

@@ghfx846 that’s really all part of the process though because you’ll never come to that realization unless you beat yourself up enough

Yes I’m learning this about my trading as well. Keep the videos coming bro

I have a problem of taking profits and coming back later to check how much I left on the table, then end up overtrading into a red day seeing those “opportunities”.

@aaronwilliams6808

Жыл бұрын

Maaaannnn......i do the same shit

very relatable. only guy in trading space, that makes sense to me

Thank you for sharing these it really helps me as a new trader

I agree with this lost a couple of amounts doing this random times of the day and just learnt to trade in one session at one pair a time

Same, after a certain time (depends on the market you are trading) the big whales leave and the algos take over that's when you start losing and when you go from green to red your mental capacity starts to take a hit and you blow accounts. I am learning to leave with my green and leave it at that.

I see a lot of people like that. It's very addicting to a lot of people. I always hated the market because my dad lost a his hole life savings when I was younger. He got back into it a couple years ago and lost 25k more . I started trading about a year ago and done pretty well. Eventually my dad listened to me and in one month .I got that 25k back. A lot of people speculate way to much and don't do little to any research. It's way easier to do a bad trade than a good one. Most people what to do something now and have a "all in" mentality . That's not investing , that's gambling.

I have two trade time periods I learned that keep it within those times if no setups I walk away

Yeah i only do 1 or 2 entry a day and walks away.

Bro the content you provide is real and personal. I have been part time trading and it's a lonely journey. Your experience is exactly what I have been going through. Thank you bro.

damn dealt with this just yesterday

This is so true eish. I have countless profitable days i have turned into losing days because of this

The more trades u take per day, the more chances of a loss or 2 ...that's the odds beginners don't think of. Quit while ur ahead is crucial. N quit for the day if u lose a trade as well. Set parameters, cuz the chaotic market has none.

Great advice.

I was bad with this habit. I’d be green on the day having made good profit in the morning then wipe it out if I logged back in later. Same rule as gambling, if you made good money, be done before you give it back.

I usually just break my computer when I’m done for the day, then buy a new one 😂

Bro you have such incredibly valuable knowledge from experience that I’m adding to my journey keep it coming 🤘🏼🔥

Took me a long time to realize this, but it's a rite of passage. Now I can trade for maybe 2 hours of less and walk, check the markets sometimes, but lock myself out from trading.

I get it, but oftentimes I will come back at the end of the day to see how a stock did, and find a rally midday, of several points!!...........if only I had kept trading.......

@faddystark875

Жыл бұрын

😂😂😂😂😂me too

This habit will drain your capital into sink 😆

I learned a lot from you bro

your background though 👌🏽🔥

I'm gonna start this tomorrow. For sure, but if you'll excuse me I just gotta take a peak.

In the open the mind is fresh and the focus is high, so I make good results most of the time. Later in the day, the brain is tired and focus is lost, and the emotional brain (the emotional brain is the one that must disappear in trading because it is the second enemy of the trader after fear is in control) becomes the controller. No need to trade after 11:00 if you are successful in the open. No need to lose

This was definitely a big issue for me.

Thanks for these

what if you didn't find an entry within that time???

@adarshpatel2967

Жыл бұрын

Same question 😊

@born2270

11 ай бұрын

dont trade that day

Its good when youre a beginner Be obsessed with the charts… Till u understand it.. But its a habit you have to unlearn subsequently

I did this the entire day, and made 10% of my capital today. Just make sure you stay focused and aren't tired

Trading is just a straight gambling addiction

I think Chart time is very necessary! you take those but you learn from that!! experience is important.. but yes you're right about Saving capital.. I prefer to dodemo when i'm just watching charts!

Currently fighting this addiction!! So true!!

1. Over trading, 2. Going outwith your system

Such value in these posts

Ahhh yes let's take the trade. Boom! Stop loss! Okay I'm done!

My problem is being up for London amd if London doesn’t present me a opportunity I try to trade at work which I can’t monitor much at all if any then I have extra losses for no reason breaking habit then commission adds on top I remain profitable but this bad habit stops me from soaring

Dude!! This is me so bad. I'll put on a stupid ass entry and then instant drawback. I close the position and switch sides, just for it to go back the other way.. now I may lose 2or 3$ each times but after doing it 5 times, I'm down 10,15$.. (I have 100$ acct). I always regret it. Psychology is real bro. I'm not trading unless it's London or NY session.

I learned at what times the market usually moves on my prefered instrument. So I did this for the whole day and all sessions. If there is nothing during those times I try to close the charts and walk away. Unfortunately I lost 2 weeks of trading so I have to play a little bit of catch up. When I do not see movement or sentiment for movement and my setup has no power to develop. I close the pc. And check another session or call it a day.

I guess I have better control then. I watch the market daily but hold positions for swing trading. Maybe it ius because I trade stocks and use mainly daily time frame as my base.

That's very true

Precisely!

A hard lesson to learn I had it bad...smh!

I Wish I Saw This Video 2 Hours Ago😢

@cesarhernandez3865

6 ай бұрын

hahahahahaha! Its a good one!!

Great content and I thank you for breaking it down!! Even in the current crypto dip, I’m happy I can smile back at my portfolio of $86,700 made from my weekly trade within a short period..........

@Ellen-Holtz

11 ай бұрын

I'm glad I got into crypto when I did because it’s been a turning point for me financially, been my best decision so far.

@Steven_Contreras

11 ай бұрын

As an independent man I started my first investment plan with just a $1000 and now earning weekly income of $4830 in cryptocurrency exchange with my personal broker.

@ricolupe9658

11 ай бұрын

Bitcoin has been falling for a while now and could fall further or close to rise again. The truth is that no one knows, I believe it's the right time to buy and also get a pro's assistant

@larrystevens-

11 ай бұрын

I will recommend my current trader Mrs Laine Nowell, she is from USA and her strategies are earning a lot profit for me..

@kathy.brewer

11 ай бұрын

Isn't that the same Mrs. Laine Nowell that my neighbours are talking about, she has to be a perfect expert for people to talk about her so well

Such a valuable lesson. Thank you

I analyze the market from 7am to 8am PH time and back tracking what happened overnight after that I set up my supp and resistance level I'm a breakout trader then I just leave it there and wait for confirmations and enter a trade if Iose okay I learned something if I win I call it a day.

I can sit and watch for hours

What time do you start and finish curious ?

Damn, why he got to call me out like that 😂

I did this today 😂

Def cause the volume is never there to move the stock

If you randomly checking the charts and making up opportunities in your head then you do not have a strategy.. because it won’t matter if you don’t see your set up you won’t trade

@faddystark875

Жыл бұрын

So true ,at times It's lack of strategy ,and trading candles instead of strategies,you be like wow it's going up let me buy ,after seeing a blue candle

Hey buddy! I really like the way you explain day to day trading issues. Need your opinion on a small issue. I have a 350000 capital on hand which I wish to apportion to have multiple accounts to avoid blowing through my main capital figure out of above which is 250000. Should I apportion it in 2 parts or 3 parts. What do you suggest I do?

ween wao

That’s exactly what I do once I complete a trade I close my computer I’m done

8am-12pm are the best hours

Good morning, are you trafing stock or forex? Thank you

so true, last night I did same mistake😂 I told myself I will just watch the movement, just watching. And I trade😂, after 2 seconds I was scolding me😂I told, I will not..

Thumbs up!

I find the best hours are between 10am-3pm anyway, in my timezone

the legend speaks ,,, ohh my god thats happened with me alot never again

been there done that😂

This is definitely me 😂

But it’s very hard to walk way why you have a lot of problems then you come back trying to solve them

Totally disagree. Morning is ripping and whipping. Traps everywhere and mid day levels tend to get hit without such hard pullbacks. I work full time and have side business and trade all day while working mobile out of a van. It helps me to watch markets and only take trades when stuff I’ve been waiting to happen happens. Then say 50% pullback and snap that trade off then long again when bounces off 50% pullback. Take profit before level is hit and let others buy or sell that crap. I front ran exits 2-3 points early today and that’s all it ever went trapping bulls. Nice head and shoulders too which whicked down on mes rapidly and set stop order before that level back perfect head and shoulders pattern. One 5min candle and you’d miss exit because it quickly came back up. Late day tends to squeeze late day players who think it’ll pull back at last candles of day. That’s a mistake retail traders exit positions at close and markets usually won’t pullback until after the close. I saw the mnq rippin around at 9:30pm ET today. Lol. Close the gap overnight and rip up for the last day of month into bullish 4th of July week. Maybe pullback Friday? But it’ll recover this week and be bullish again like history. Anyways trading later on takes different approach where I go contrarian setting sell orders at tops of market with couple point stop loss with reward of whole swing whatever the market offers. Morning you’d better get with the trend because don’t want to get left behind on a trend day. Range days will most always let you out of first candle buy but don’t even know if trend day until it’s too late. Scaling in or averaging in on trend days like Tuesday waiting for pullback blows accounts up. Only scale in once markers have established some range and channel waiting for breakout.

Wich platform best for day trading please tell me

That's true.. I lost 5k in seconds because of that

9:30am-3:45-4pm

Struggling with that right now any other tips😢I'm tiredbof giving my money back to the markets😢

Best

Guys what song is this. I love the background music to this guys videos

Yeap. Up a gew k today... only take the best trade. Let it be only 2 trade a month that gives you 10-20k pertrade compare to daily trading that you gives it back.

This is a psycho game that reveals the Real YOU.

Imagine warren Buffett trading.

Strict rule of mine if you work small is 08.00-23.59

Damn that's me rn.

And they did great things in South Africa once they took the rule

who is their barber bro?

yea but trading a certain period is not very practical is it, what if your setup forms at different times. so it just doesnt work like that