How To Get The Perfect Stop loss

Follow this one rule and price wont hit your stop loss as much!
If you learned something new, leave a like!
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Пікірлер: 71

  • @OrjiPeter27
    @OrjiPeter2726 күн бұрын

    Its simple No matter the strategy you are using, just enter a long position below the daily opening price and also if you want to enter a short, enter above thedaoly opening price

  • @george44987

    @george44987

    25 күн бұрын

    Thank you such a weird way to explain

  • @trakval

    @trakval

    19 күн бұрын

    Be more specific please. Makes no sense. Care to explain more?

  • @Rajscorpion1982

    @Rajscorpion1982

    11 күн бұрын

    What about if scalping?

  • @mannymayhem3302
    @mannymayhem330226 күн бұрын

    This is actually good advice. Won't always work because sometimes price will just rally from premium and never retrace but this is always safer

  • @motivatingtips4223
    @motivatingtips422325 күн бұрын

    Thank you

  • @chassnowden6496
    @chassnowden649626 күн бұрын

    2 touches below trend works. but you need liquidity 😊

  • @speedracer87
    @speedracer8715 күн бұрын

    This a great tip! It won’t always work especially with a doji style candle but should help you majority of the time! Plus price usually retraces so it’s still 50/50

  • @ivanlau77
    @ivanlau7725 күн бұрын

    Thank a lot, but have one issue not understand, is it use the pervious daily bar to set the non trading zone?🤔🤔

  • @viktorianas
    @viktorianas7 күн бұрын

    The perfect stop is called Margin Call 🤙

  • @jaks.stealer

    @jaks.stealer

    4 күн бұрын

    😂 love this

  • @CryptoCoin02
    @CryptoCoin0223 күн бұрын

    I'm making a profit of 60%, so how can I keep the profit and increase it gradually?

  • @codyswansonmusic
    @codyswansonmusic25 күн бұрын

    Are you supposed to look at the current day candle, or the day befores candle?

  • @lionsignals

    @lionsignals

    7 күн бұрын

    We should look at both previous days' candles and current candles to predict the next trend. Candle clusters will form patterns and pattern recognition is important.

  • @CryptocurrencyProfitss
    @CryptocurrencyProfitss17 күн бұрын

    Wow, this video was a game-changer for me! I've always struggled with setting my stop losses effectively, but using the ATR indicator makes so much sense. It's amazing how a simple adjustment can significantly improve the performance of my trading strategies. Thanks for sharing this invaluable tip

  • @tothetop2498
    @tothetop24984 күн бұрын

    Pretty fair and I assume you can use smaller time frames 1hr for speculation and 5m timeframe for trades?

  • @TheVideoOZMasteR
    @TheVideoOZMasteR25 күн бұрын

    If you use true opens. The game changes

  • @sayyedmosinman1640
    @sayyedmosinman164021 күн бұрын

    ICT POWER of 3

  • @JGCD21
    @JGCD2110 күн бұрын

    Do you do forex?

  • @brucel.2919
    @brucel.291923 күн бұрын

    if it was only that simple!

  • @jps8678

    @jps8678

    18 күн бұрын

    It's not.

  • @MFPmarcus
    @MFPmarcus26 күн бұрын

    I rock with your content bro but this Lowkey only works if the daily candle has a small body. I guess it is a good tip in that case though

  • @nashknowsstuff3933
    @nashknowsstuff393311 күн бұрын

    What time frame should I use as a complete beginner trader?

  • @thegiggler2
    @thegiggler223 күн бұрын

    If the price goes down, sometimes it keeps going up and you've missed the whole trend.

  • @mannymayhem3302

    @mannymayhem3302

    23 күн бұрын

    Yeah but FOMO trades are extremely dangerous. Always abide by your trading rules and you'll be way more profitable in the long run. If you miss a trade then you miss a trade and that's ok, just move on to the next opportunity, rather than gambling by taking unnecessary risk. No entry is always better than bad entry, trust me.

  • @anthonythomas4485

    @anthonythomas4485

    22 күн бұрын

    @@mannymayhem3302 I started trading 3 months ago. I’m seeing exactly what you mean. The Fomo trades have taken it’s toll on my portfolio and it’s making me a little gun shy when taking a trade. It sucks to miss a good setup but like you said, no trade is better than a bad trade.

  • @9rulzgaming646
    @9rulzgaming64626 күн бұрын

    I didn’t really understand. Can someone please explain it more simply

  • @mannymayhem3302

    @mannymayhem3302

    26 күн бұрын

    Basically, only take a buy at discount and only take a sell at premium. That's basically what he's saying

  • @vertigo2894

    @vertigo2894

    23 күн бұрын

    @@mannymayhem3302 Oh he's a genius! Buy al lowest and sell at highest! Who would have thought.

  • @derekg3230

    @derekg3230

    15 күн бұрын

    @@mannymayhem3302your reply is even worse

  • @chukwudireemmanuel1965
    @chukwudireemmanuel196520 күн бұрын

    I love this great content but i have a question? can we use this same strategy for 15 and 1 minutes timeframes respectively despite the noise ? I wait your feedback plz no pressure

  • @murattigy

    @murattigy

    18 күн бұрын

    It won't be as smart as daily.

  • @randomguywywyyweyeyehdbdbdbb
    @randomguywywyyweyeyehdbdbdbb26 күн бұрын

    Not bad strategy

  • @declinegodz7579
    @declinegodz7579Күн бұрын

    What website or app is this?

  • @AbdulMukitMahdi
    @AbdulMukitMahdi22 күн бұрын

    Bro what website or app u use for this type of graph charts

  • @CryptocurrencyProfitss

    @CryptocurrencyProfitss

    17 күн бұрын

    I can't believe I've been trading without considering the ATR indicator all this time. This video opened my eyes to a crucial aspect of risk management that I've been neglecting. Now, I feel much more confident knowing that my stop losses are positioned to account for market volatility. Thank you for the insightful explanation

  • @me-myself-i787

    @me-myself-i787

    14 күн бұрын

    Probably TradingView

  • @ramyag5218
    @ramyag521826 күн бұрын

    My question is Today I'm trading How possible to take 1 day candle If day complete only we can identify Today Market open some amount example 50 how candle show's us 1 day candle We need to include pervious day candle?

  • @maozd18

    @maozd18

    26 күн бұрын

    Exactly what I’ve been thinking, this all channel seems kinda like a whole “here’s some ideas and BTW BUY MY PRODUCTS”

  • @mannymayhem3302

    @mannymayhem3302

    26 күн бұрын

    When in doubt, look left. Always! It's that simple

  • @mightyllama7715
    @mightyllama771526 күн бұрын

    No comments, let’s change thay

  • @lionsignals

    @lionsignals

    7 күн бұрын

    That's right, in trading there is always a win rate, and our job is to practice to have a high win rate

  • @manogar817
    @manogar81720 күн бұрын

    CRT candle range theory

  • @lionsignals

    @lionsignals

    7 күн бұрын

    We should look at both previous days' candles and current candles to predict the next trend. Candle clusters will form patterns and pattern recognition is important.

  • @3DCommando
    @3DCommando15 күн бұрын

    Bro is Mr Beast

  • @TuneWalker
    @TuneWalker4 күн бұрын

    Can someone explain me please the green mark on the hour chart below the openmark. I dont understand it why exactly on this position? Thanks in advance

  • @worldoftanksbestreplayss

    @worldoftanksbestreplayss

    Күн бұрын

    Its fair vqlue gap - market imbalance which needs to be filled in some time

  • @Cardereta
    @Cardereta26 күн бұрын

    Nope. Same here. Didn’t get it

  • @jaredjones6570

    @jaredjones6570

    26 күн бұрын

    Buy low, sell high. If the current price is above the entry price for the day, you can sell. If the current price is below the entry price for the day, you can buy. That's the gist. But still, you have to use more than just this or the momentum of the day could pull you under. This is essentially betting on a price reversion during the day (or whatever time scale it is applied to).

  • @ekenemegoodluck2122
    @ekenemegoodluck212226 күн бұрын

    I don't understand

  • @mannymayhem3302

    @mannymayhem3302

    26 күн бұрын

    Come on

  • @ekenemegoodluck2122

    @ekenemegoodluck2122

    26 күн бұрын

    @@mannymayhem3302 explain

  • @jaredjones6570

    @jaredjones6570

    26 күн бұрын

    This is just buy low, sell high applied to the daily candle

  • @GENERALTIM21
    @GENERALTIM2126 күн бұрын

    1 rule and price wont hit your stop loss - keep moving your stop loss to accommodate the trade Thats a win

  • @bijeeshbabu4022

    @bijeeshbabu4022

    25 күн бұрын

    Yes, That's the only way to trade.

  • @drex_stark

    @drex_stark

    24 күн бұрын

    😂😂

  • @schuylerambrose7720
    @schuylerambrose772026 күн бұрын

    Doesn't make sense

  • @randomguywywyyweyeyehdbdbdbb

    @randomguywywyyweyeyehdbdbdbb

    26 күн бұрын

    Breh

  • @jaredjones6570

    @jaredjones6570

    26 күн бұрын

    Buy low, sell high... But don't use this in isolation. Let it be another tool for confirmation or a trade setup. You still need the momentum on the higher time frame to be on your side or you will trade counter-trend and it won't be pretty.

  • @CusPedro
    @CusPedro13 күн бұрын

    Too much jargon

  • @itachi_79
    @itachi_7924 күн бұрын

    totally fake

  • @BrianKitandwe
    @BrianKitandwe24 күн бұрын

    Why is it like that . Why go long below the daily opening price and go short above the daily opening price . I am so confused 😭😭😭

  • @iamgourmet

    @iamgourmet

    21 күн бұрын

    because when a new candle opens it usually forms a wick and then goes in the opposite direction

  • @CazandoTicks
    @CazandoTicks26 күн бұрын

    fake for me.

  • @RRWW599
    @RRWW59925 күн бұрын

    But there is no guarantee that price will not reverse, right ?

  • @lionsignals

    @lionsignals

    7 күн бұрын

    That's right, in trading there is always a win rate, and our job is to practice to have a high win rate

  • @Rajscorpion1982
    @Rajscorpion198211 күн бұрын

    What about if scalping?