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Thats why a good entry is really important

@jujulilbrown2344

11 ай бұрын

What site/app do you use for trading?

@DIMILifts

9 ай бұрын

@@jujulilbrown2344metatrader

@andrebogdanuk

7 ай бұрын

No. It's not important where you enter, it's important where you exit

@tristan583

7 ай бұрын

Good l il finding the so called hood entries

@DesMonDLee24

7 ай бұрын

@@andrebogdanuk I agree , a good entry and a good exit plan 👍 Don't be too greedy 😉

perfect SL to get eaten up by liquidity grabs.

@ltk7309

11 ай бұрын

then where would you place your SL? Veteran traders would not put a SL at all.

@StefanReich

11 ай бұрын

@@ltk7309 You can increase the SL distance by 50% or 100%. Eats into your risk/reward ratio of course. How do veteran traders handle a trade that is going ever further into the wrong direction?

@XenoTrades

11 ай бұрын

This is why you only put the SL at the top once liquidity has been grabbed first

@psilocycho2761

11 ай бұрын

Yeh true and fuck knows what time frame hes on, is this 15, 30, 4hour? Fkn daily? Long time for fuck all or alot in about 1 hour if thats 5 min.. such an open ended video. I mean, nice trade but shit video

@Zer0CraftGaming

11 ай бұрын

​@ltk7309 bingo

"Stop hunts isn't a joke. Millions of lives lost every year" - Dwight Shrute.

@Chitranjbarman

10 ай бұрын

That's what she said!

@user-ul1ku1ds9d

4 ай бұрын

What software are you using to trade

No, I always wait for the double top to play out. If it goes above resistance it’s a long. So it’s better to be patient

Thank you because a lot of people do a lot of talking but don’t show examples as well as you do

As a scalper, I would have closed manually either on the first strong green bar or at latest on the second large green candle with a second one in a row... Or lets say like this: I would not have opened the trade in the first place because of the large green candle - I would rather wait on the sidelines for any structural confirmation (up or down).

Another way to approach the trade is to take the stop out when the trade goes against you. Then re-enter the trade once you see it pushing down past your original entry point.

@ltk7309

11 ай бұрын

take the stop out? Take stop loss out?? Huh? Do you mean close the trade?

@ngwazi5229

11 ай бұрын

​@@ltk7309i share your confusion. 😂

@bellonamars2541

11 ай бұрын

My reply is confusing. Take a loss on your first trade due to your order's stop being hit. Then, reenter another trade that is more to your liking.

@ngwazi5229

11 ай бұрын

@bellonamars2541 this keeps the losses small too👍

@ltk7309

11 ай бұрын

@@bellonamars2541 Ahh thanks for the clarification!

No. Do not hold. JUST get back in later

@xabierrodriguez2903

5 ай бұрын

I agree. To much risk. You can always get back in under the range

@famm130

5 ай бұрын

Thanks

@JackTheSnowleopard

3 ай бұрын

Exactly. Limit losses and if it reaches peak and shows resistance just buy again there

@ericsiqueira1

3 ай бұрын

No right or wrong here, context matters a lot and individual preferences too. But I do prefer get in back later myself

Great teaching. I had 2 TSLA calls got stopped out with small loss, later one small win recovered the loss. But I got stopped out all the time. SPY Calls today also stopped out

My fav strategy....profit taking is the catalyst...the more the % up since the open, the more room for a pullback,down leg, dip,fade, etc etc lol

Yes, something ppl will always learn the hard way. But very useful video

He enters on a lower high or higher low with a strong candle pattern from S/R. It's basically a failed attempt to make a new high or low. Some other good traders use the same pattern, it's called "Rubber man" by Navin Prithyani AFAIK. More conservative alternative is you wait for structure shift and enter on a pullback. Nothing else is needed really, no indicator overbought or divergence or whatever.

We use the Qline+Moneyball Indicator Combo in our Firm... on all our Prop accounts

What your saying is heighten the stop lost set your profit and let the market do the work.

that's after cpi, that usually happens 15-30 mins after cpi

You should be getting out at that Green RRT, then re entering when they paint the double top. More times than not they will hit your stops before continuing, you can get out near break even risk free, then renter.

@allthingsreesiereese2294

10 ай бұрын

Not on a margin account, you risk PDT penalty and the price to get back in is higher, RR

I love financial astrology 😍

This is simple! Price action and formation of Pivot.

Keep teaching this my man!!! Your helping us out more than you know😉

this is 100% true, it happned to me a lot, tight sl make you lose the wining trade

@PhilC

10 ай бұрын

Untested strategies make you lose. I talk about PE daily.

What's the name a platform are you using ???

Which app you use please 😢😢

That's why the power of SNR with rejection and consolidation for extra confluence also confidence.

I did the same thing! Held on 😬 and made a good profit on the next dip.

Really simple but really valuable. Well done.

Nice vids rlly appreciate

This was wonderful yo watch. So I don’t have a platform to do traditional trading practices on my mobile device. I use binary options and constantly get burned.

thanks for your help good job

New daily high is your stop. Not bad. Lol

But for options though.....

Shit entry but it does work. Sell where others are selling.

I did it exactly like that... Went on short... But market went reverse... I've literally came back from -60% to -2% in a day ... I was adjusting stop loss accordingly... Now I am still in - but i hope soon I'll be getting profits.

terrible entry price . go for lower high with the stop next time take partial profits on support

scalping by definition is risking more than your reward, this isnt a scalp

This exactly what happened to me yesterday

This is true. All you need is High amount of Capital

@Salman_D._Rayan

9 ай бұрын

No. For that kind of profit yes... but i think he bought 1 lot. on a 0.01 lot it would've been 4$ profit but you actually enter with like 10$? on a 0.01 lot, depending on the leverage used with your broker.

Thanks man. I've lost a dew battles without proper stop loss

I always keep tight stops, a good entry is the main thing to look for. You definitely could’ve entered earlier. If i have a bad entry and my SL gets hit i always look for a re-entry but NOT chasing the trade.

I would have have also spotted the double top and get in when the neck gets broken. Would been a bit of a late entry though

@gladyskimani1613

11 ай бұрын

I'd rather enter late rather than entry without all the confluences ticked .

@health2100

10 ай бұрын

ME TOO!

This is the kind of stuff that made me subscribe

Great information

I would short only double or triple top. This one is too risky for me 😢

How about using order flow to enter at the pinnacle. Not only will that allow you to have a way tighter stop but you can also put on bigger size with the stop being closer. ORDER FLOW! It changed the game for me.

Solid advice for any beginners

Oh my gosh, this type of trading can go so against you big time. I have watched a $2 stock just keep going up to 50....and then 60, and then $100.... Be very careful, you can lose everything if you get stuck.

@Backfromthestorm

11 ай бұрын

That's why you use stoplosses

What trading platform do you use

Amazing gem 😍💎 What do you use for recording yourself?

What are platform are u using

Gotta wait it out baby 🎉🎉🎉😂

I would’ve added on after that. Double top perfect double top shape.

is this a put options trade?

What are u trading here broski futures or options? I assume futures ? But jw

Never ever ever NEVER put your stop at the exact high or low. Go a few pips or points beyond it, especially in forex and futures. I specifically look for dum dums to scalp those liquidity grabs.

I tried stoploss and found it not to be my thing; I just often found me thinking that the markets were hunting for it, to what I had to say sayonara and I'm glad I did: The moral of the story is to do your due diligence in finding what works for you and be happy.

I would have entered the sell trade straight after 1st green candle followed by 1st red... And would have seen stochastic rsi is oversold or not... This is how I plan reversal trades in supply and demand zones....

In reality price would spike the high, trigger your SL then dump leaving you with anger and rage. Liquidity is exactly there where he had his SL.

Riley, thanks I always had questions when to enter when the market has a crazy move up or down. It seems from this video that the best time to enter it seems that is when price is reversing after some consolidation. Thanks!

I would have waited for a break of structure. I could see the gap. So lucky it did break structure and filled the gap

How do you know if the trend wont continiue since its kind of bullish structure, if you zoom out whats the box you marked where does the consolidation come from before

Help needed am a beginner I need a good teacher❤❤❤❤❤❤❤❤

what platform is this?

Maybe waiting for the lower high (2nd high if you will) would’ve been a better entry?

At time frame is this?

Ok, is that.a smart concept indicator for stop loss? Also, I'm in search of a TP/SL indicator that's useful. Haven't seen much so far. Do they let us make one for T.V?

Don't forget your break even points when the trade is going crazy. You might as well loose it all

Thank you for the useful video, I’m new to the world of cryptocurrency, the video helped me understand some things, I’m looking forward to more videos from you. Thank you!

Question, what are you trading? Do you use tics or actual money?

So you got in close to the top and profited as it went down? Why is the stop loss way up there, is the chart inverted?

The time frame??

Can someone tell me why when the stock is going down that he's earning money? I always see this but I don't get it?!!

@Whowannabeu

11 ай бұрын

He is short selling. He needs the stock to go down to make money.

Yeah thats ok but 1 more thing you can do is wait for the retest and then go in and make your risk lower and make more profit 😊

you should've waited for that liquidity sweep that happened after the first break of structure then wait for second break of structure. You would enter at the same price but with more cobfluences and you wouldn't be trading like most retail traders who fall for liquidity (you got lucky because only 1 liquidity got taken out)

So howd you know it was gonna drop though?

How is he making when the candlestick pattern was going downwards ?? I’m new to this stuff please explain

Your stoploss is my sell limit. Sometime i even get in with 5 micros, and have a other 5 at highs just in case. But that just me .

There is a little more to it. But that is right about stop loss. Use the ATR rule

You entered to early look at the structure that formed for a rejection and a mich better rr

What futures do you normally trade?

What is a good broker for scalping?

What do you trade

What platform is that?

What is this broker?

Use a one bar stop then re-enter. Thats a next way to look at it. Your loss will only be one bar.

@tradingbasics01

11 ай бұрын

Or 2 bars when yiu think about Spreads!

@ltk7309

11 ай бұрын

yea but what happens if it's a long ass bar? RIP account :)

@jujulilbrown2344

11 ай бұрын

What site/app do you use for trading?

@allthingsreesiereese2294

10 ай бұрын

Oliver Velez system💪🏾🙌🏾

@tradingbasics01

10 ай бұрын

@@allthingsreesiereese2294 yep

How much invested ?

Break & Retest Strategy.... SL at the previous LH

Guys like this teaching people how to be liquidity is why i make money ✅

What platform are you using?

what stock was this and did you trade micros or minis?

Can you explain to me why your profits go up when the bar is dropping? I thought profits were up when the green bar went up

What broker you use?

Which platform is that and which market?? Im really interested

What broker do you use?

What time frame do you use when you trade?

You had a wrong entry. Should have waited for the double top then enter.

@moneywisdomlife

6 ай бұрын

Yeah well the dude cant trade for shit. Hes a straight con artist

What are you using to see that graph?

What platform you use ?

True but no need for that of a stop loss could have had a better entry

New to the channel, some info to help people: for trading this is solid advice, for investing NEVER USE STOP LOSSES. Set price alerts of course but never sell a down position automatically. You need to check the reason for the drop because most of the time big drops are over reactions or whole market dips. If the reason you bought in hasn't changed and this dip is a temporary setback then the best thing to do is buy more to average down.

@sskhussaini

9 ай бұрын

Haha, buy more when it's dumping and hope it'll go back up before you blow your account. Nice.

Hi, newbie to trading here, I have a question. Why is he gaining money when the price is going down?