Never Lose A Trade Again (84% Rule Trading Concept)

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In this video, I go over how to properly use the 84% rule which will help you reevaluate and correctly re-enter trades without FOMO.
You can use it on options, stocks, forex, etc.
Please LIKE this video if it provides you Value!
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Time Codes:
0:00 - Introduction
0:17 - Big Announcement Next Week
0:40 - What's The 84% Rule?
4:11 - 3 Steps To Use The 84% Rule
5:55 - Futures Trade Using The Concept (NQ)
8:59 - Bullish Trade With 84% Win (SPY)
DISCLAIMER: I am not a financial advisor and anything that I say on this KZread channel should not be seen as financial advice. I am only sharing my biased opinion based off of speculation and my personal experience. You should always understand that with investing there is always risk. You should always do your own research before making any investment.
#optionstrading #options #stock #stockmarket #TSLA #daytrading #tradereview #finance #fintwit #AMD #NVDA #aapl #SPX #daytradingstrategy #candlestickpattern #candlesticks #learndaytrading #tradingeducation #SPY #spx500
Day Trading, Day Trading Live, Day Trading Penny Stocks, Day Trading Stocks, Day Trading Learn To Trade, Day Trading Technical Analysis, Day Trading Stock Charts, Day Trading Pull Backs, Day Trading For Beginners, Day Trading Strategies, day trading options, day trading cryptocurrency, day trading

Пікірлер: 69

  • @jaelee2277
    @jaelee22775 ай бұрын

    OMG this is ah ha moment. I have been using your 5 mins opening range in last couple of weeks. When I get stopped out, then next time when it comes to 5 mins range, I go to the opposite of the first trade I stopped out (i.e: if I get long, I take short), but almost always it's going against me. Granted that in last couple of weeks, all seasonality is extremely bullish so going to short is almost never working (except few instances). This video explains a lot and I will adjust my plan accordingly. Thank you

  • @Wherescam1
    @Wherescam15 ай бұрын

    Been watching all these videos and are really helpful. Can’t wait for some more strategies!

  • @user-go6kl7ns6k
    @user-go6kl7ns6k4 ай бұрын

    happened today, this video confirmed my thesis. Thank you again!

  • @piercarloscalamandre5204
    @piercarloscalamandre52045 ай бұрын

    ty very much, this is the concept of "waiting acceptance level" before enter in a breakout/breakdown

  • @willywhite9633
    @willywhite96335 ай бұрын

    Really one of the best instructors out here

  • @Hvnsntkent
    @Hvnsntkent5 ай бұрын

    That comes Jared Wesley from Live Traders. Thanks for sharing!!!

  • @user-vw7lp5ru2l
    @user-vw7lp5ru2l5 ай бұрын

    Thanks for the strategy

  • @JustStartingOut-nt8ve
    @JustStartingOut-nt8ve5 ай бұрын

    OMG. You are so right. I've seen this happening over and over to a point that I began to ignore my 1st entry chance and wait for the 2nd. I had zero idea this had the name 84% rule.

  • @Tary88
    @Tary885 ай бұрын

    Jared Wesley here with Live Traders.

  • @bbyrob315

    @bbyrob315

    5 ай бұрын

    THIS... the crazy thing is it's 84% because it was 84% of Jared's trades there is a lot of context missing from this video. I had mad respect for Scarface until this video came out.

  • @llroyalarkll7969
    @llroyalarkll79695 ай бұрын

    So ready for next week brother

  • @ScarfaceTrades

    @ScarfaceTrades

    5 ай бұрын

    Can't wait!

  • @michaellaino7409
    @michaellaino74095 ай бұрын

    Appreciate the video

  • @ScarfaceTrades

    @ScarfaceTrades

    5 ай бұрын

    Thanks!

  • @mikkolaine23
    @mikkolaine235 ай бұрын

    Great stuff again! Do you always use the same target on the 2nd trade even if the win happens to be less than 2:1? Or just skip it then?

  • @TechThroughHistory
    @TechThroughHistory4 ай бұрын

    I thought I had Two Steps From Hell playing in my playlist when I heard it in this video. Glad to see another TSFH fan here. I love both Nick Phoenix's and Thomas Bergersen's work.

  • @carolynsandberg3144
    @carolynsandberg31445 ай бұрын

    He is right, the 84% Rule is a thing... I'm getting more n more consistent. Ty once again Tony... 💖💙💜

  • @dansilvers8222
    @dansilvers82225 ай бұрын

    Great stuff as always. Thank you.

  • @ScarfaceTrades

    @ScarfaceTrades

    5 ай бұрын

    My pleasure!

  • @KNICKONES
    @KNICKONES5 ай бұрын

    Great video, can i ask how you decide what your directional bias is for the day? For example, in that /NQ trade after the stock stopped you out, why did you decide to keep your long bias as opposed to looking for the break and retest to the downside?

  • @santokhsingh8133
    @santokhsingh81335 ай бұрын

    Here patience has more weightage , retest with proper setup works properly. But time frame does not mentioned. Thanks for weekly episode

  • @fornello123
    @fornello1235 ай бұрын

    It is THAT TIME OF THE WEEK

  • @michaeldavid2720
    @michaeldavid27205 ай бұрын

    Great video, I always look forward to your next post. What is the trading platform that you use to trade with? I notice this is not Trading view or TOS.

  • @D.Mill_
    @D.Mill_5 ай бұрын

    Excellent information as always. Thank you so much for sharing your work. I just found your YT channel a few weeks ago and have almost got thru all your past videos. I'm signed up for the next Mastermind class, but I don't see anywhere what the cost is. Can you share that now?

  • @MrVuTrades
    @MrVuTrades5 ай бұрын

    Wow! Impressive

  • @maniboomboom
    @maniboomboom5 ай бұрын

    I struggle with what to trade. I learned a lot on KZread, however, most stuff do not apply as I’m trading small caps top gainers. Could you please guide on what to trade consistently.

  • @MikeM-gb6nv
    @MikeM-gb6nv5 ай бұрын

    Great video. Are these trades in futures? How much capital do you need in your account to make 1000 per day?

  • @user-lk4ch1rh8b
    @user-lk4ch1rh8b5 ай бұрын

    Hey Tony, does all your strategies apply for GOLD scalping ?

  • @WhoIsSteveMeehan
    @WhoIsSteveMeehan5 ай бұрын

    Question, when plotting the low, why did you plot the previous swing low instead of the all time low of the day? It seems once it hit that all time low it shot down and once it broke back above it, it shot back up. And just wanted to say, you have the best channel I have seen to describe trading patterns and ways to do well. Appreciate all you are doing man! Blessings

  • @byronmcdougald6569
    @byronmcdougald65695 ай бұрын

    Man you make it sound like taking candy from a baby! Good stuff 💯

  • @ScarfaceTrades

    @ScarfaceTrades

    5 ай бұрын

    Appreciate it

  • @stuff_i_liked1815
    @stuff_i_liked18155 ай бұрын

    You jump in on such a quick retest? What time frame are you looking at? I’m new so I’m trying to get a gauge and usually I thought the retest had to be a little better than one or two quick candles after breaking resistance.

  • @rezapourmaryam1653
    @rezapourmaryam16535 ай бұрын

    Great

  • @24hrstolive27
    @24hrstolive275 ай бұрын

    New to channel love the content is there a way to get in contact with you?

  • @johndutton572
    @johndutton5725 ай бұрын

    I appreciate your videos ,great lessons. I would like to know what stocks are used the most for these trading plans?

  • @ScarfaceTrades

    @ScarfaceTrades

    5 ай бұрын

    These can be used on all trading instruments such as futures and options. I trade TSLA & SPY the most myself.

  • @johndutton572

    @johndutton572

    5 ай бұрын

    @@ScarfaceTrades thank you your reply 👍

  • @8KFlow
    @8KFlow3 ай бұрын

    I actually seen a video about the 84% rule before but never really sunk into mindset. This happens frequently because of fakeouts.

  • @peterbarany2504
    @peterbarany25045 ай бұрын

    All these strategies are working on the crypto market as well?

  • @cryptomark708
    @cryptomark7084 ай бұрын

    Hi Bro is it possible this strategy in crypto?

  • @MayWongz
    @MayWongz5 ай бұрын

    Which trading platform is this?

  • @nickroyster2133
    @nickroyster21335 ай бұрын

    Will you be going live through Mastermind on the open of the Market?

  • @ScarfaceTrades

    @ScarfaceTrades

    5 ай бұрын

    I trade 9:30-11am EST Live in there.

  • @dababydababy6542
    @dababydababy65425 ай бұрын

    what do you trade on

  • @devin22280
    @devin222805 ай бұрын

    Could you please add how many contracts with the total amount in your weekly videos . Then the final amount you made after the trade is done ?

  • @kevinmahlendorf4955
    @kevinmahlendorf49555 ай бұрын

    You gotta get a proofreader for these captions

  • @ScarfaceTrades

    @ScarfaceTrades

    5 ай бұрын

    Starting next week!

  • @TP-wq4vi
    @TP-wq4vi5 ай бұрын

  • @lightzoutp832
    @lightzoutp8325 ай бұрын

    Honestly supply and demand would of worked better than break and retest

  • @angelramos7899
    @angelramos78995 ай бұрын

    Are doing crypto?

  • @johnakers5526
    @johnakers55264 ай бұрын

    This has happened to me SO many times. It is infuriating. Working on better execution.

  • @AlwasyHappy25
    @AlwasyHappy255 ай бұрын

    Do you live trade ?

  • @mhmdrizky26
    @mhmdrizky265 ай бұрын

    It's a good channel besides the NFC community

  • @TarannumShorno
    @TarannumShorno4 ай бұрын

    How can I join discord

  • @nathansoriano7602
    @nathansoriano76025 ай бұрын

    I dont understand how you choose your psychological levels. Can you explain?

  • @IXOFISH

    @IXOFISH

    24 күн бұрын

    Whole numbers like 192 instead of 192.83957281 people like to sell and buy at those numbers

  • @javajuiceforjan
    @javajuiceforjan5 ай бұрын

    Is that 1m tf? Or 1hr?

  • @natchiaascrafts5353
    @natchiaascrafts53535 ай бұрын

    Bro, Eagerly waiting for your video on 2-Jan-24

  • @alexfromsweden5460
    @alexfromsweden54605 ай бұрын

    And what's the math on this? Why should it work 84% of the time?

  • @Buckaroo801
    @Buckaroo8015 ай бұрын

    Why 464?

  • @jtrades_
    @jtrades_5 ай бұрын

    And what happens if it works 50% of the time on second entry?

  • @Sun2030-zx5lh
    @Sun2030-zx5lhАй бұрын

    If it failes 2nd time then loose more

  • @valterdasilva8839
    @valterdasilva88393 ай бұрын

    5 minutes?

  • @rtmoorer2
    @rtmoorer25 ай бұрын

    84%Rule….

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