📘 Get your FREE 115-page Ultimate Trading Guide! - traderlion.com/YTC-UTG 👇 What you'll learn! -------------------------------------------------------------------------------------------------------------------------------------------------------------- Lesson 1: Build a sturdy trading foundation to overcome the biggest obstacles holding you back. Lesson 2: Master 3 powerful trading setups to adapt and thrive in various market conditions. Lesson 3: Efficiently screen and find top-performing stocks with strong momentum and high growth potential. Lesson 4: Establish a streamlined risk management strategy using stop losses, position sizing, and portfolio heat analysis. Lesson 5: Optimize selling decisions by identifying late-stage bases or key trend reversals by analyzing daily and weekly charts. Lesson 6: Sharpen your trading analysis and decision-making by integrating cutting-edge analytical tools and techniques. Lesson 7: How to establish and maintain routine weekly and daily trading practices to ensure consistent performance and continuous improvement.

If you can manage risk, you will become a top trader

This free webinar is worth thousands of dollars, all for free. Great job guys. I am sure beginner traders are going to appreciate it. I used to pay thousands of dollars for trading conferences you are giving away for free. Great job guys.

46:00 Handling gap-downs; capital preservation 1:12:35 Position sizing 1:38:50 *Selling into strength* 1:42:00 *Performance is a focus of stage III* 1:49:30 Selling into weakness-two closes below the 21 DMA 1:54:10 *Portfolio drawdown rules* 1:59:00 Earnings rules

@TraderLion

5 ай бұрын

Thanks!

You guys are providing insane value. It is only a matter a time before this platform becomes the go-to place for traders. Keep up the great work!

@TraderLion

9 ай бұрын

Appreciate it!

🕰 Timestamps 🕰 00:00 - Review of UTG 03:47 - Common Risk Management Questions 06:37 - Keeping Losses Small 12:58 - Risk Management Rules 16:14 - Trading Statistics Example 23:33 - Preserving Financial Capital 26:54 - Preserving Mental Capital 32:37 - How to Define Risk 44:50 - How to Handle Gap Downs 54:33 - Managing Stop Losses 1:04:58 - When to Move Stops to Break Even 1:12:26 - Key Position Sizing Principles 1:19:44 - Position Sizing by Trading Stage 1:25:41 - Keeping a Trading Log 1:33:27 - Position Sizing Based Off Edges 1:35:49 - Position Management Principles 1:38:26 - Selling into Strength 1:48:10 - Selling into Weakness 1:53:42 - Total Portfolio Drawdown Rules 1:58:49 - Earning Report Rules 2:03:21 - Risk Management Overview

A fantastic resource for anyone who is serious about their desire to become a trader. The best way to learn from A to Z that I have come across anywhere. I cannot thank you enough.

Have watched this episode 3 times already. Would be a great help to see a whole episode in which you take us through steps on deciding whether it is a 10% or 20% or 30% position

When it comes to losses, I think it helps to know what a pull back is in comparison to a correction, and where that is on your technical chart.

Lot of solid points and trading theory. Would like to see more real-world examples applied to each thing you all talked about.

This is a boon for beginners like me. Thank a lot for doing these sessions🙏

@TraderLion

9 ай бұрын

Happy to hear that!

Great review video, and excellent guidelines, Thank you Rai and Richard.

@TraderLion

9 ай бұрын

Our pleasure!

Absolutely priceless!!! Thanks guys for sharing your knowledge. Can you share your thoughts on Stop Loss commands. I have this fear of placing stop loss commands in the system because of big players seeing my stop loss and then clearing me out. So a hard stop loss or a mental stop loss?

Great videos. I appreciate all you two are doing to help teach people what to do. I remember when I started I had the thought of you don’t lose unless you sell. That is the dumbest thing to think. I did it three times and one lost over 90% and the others around 70%. I still go back and look at those stocks and years later they are still down.

@TraderLion

9 ай бұрын

Thanks! A good lesson

excellent. thought provoking. Thanks!

@TraderLion

9 ай бұрын

Glad it was helpful!

A true guide to risk management. This is priceless ❤, thanks for sharing🙏🏿 I quote Rai : when you are wrong , you’re wrong 😂.

@TraderLion

5 ай бұрын

Haha!

@sohenko

5 ай бұрын

@@TraderLion 👌🏾🙏🏿❤️😁

This was outstanding! Thank you!

@TraderLion

9 ай бұрын

Glad it was helpful!

I also trade CFD futures, and we 100% need to use a lot size calculator to determine how many lot we trade given the stop loss distance of that particular trade.

A video covering watching management would be extremely helpful. My watch lists tend to turn into fomo watch lists.

Thanks for your sharing!

@TraderLion

8 ай бұрын

My pleasure!

LOTS OF LEARNING

When you talk about total portfolio drawdowns, do you means marked to market value or booked value?

Which Stop Loss technique is mostly used by positional traders once account is above break even. Thanks

Another gems 🎉🎉🎉

@TraderLion

9 ай бұрын

Thanks!

on any of the upcoming videos can you tell us one thing, (something that has been on my mind for a while). What about withdrawals? I understand that can be a personal preferance, but like all other things should that be of a specific % or not. If so, at what stage should we even consider to withdraw and pay ourselves possibly to make a living, and how often should we do it? Is there any strategy that helps to retain gains and add to the capital size meanwhile taking small chunks to pay our bills. Hope I was able to articulate my question well.

What ATR multiple should be used for trailing stops and selling into strength?

Right on time🎉

@TraderLion

9 ай бұрын

Enjoy!

You can sign up for Webinar 4 (Today at 12pm EST) below! 👇 us06web.zoom.us/webinar/register/WN_BTQJ7tr7TQSRRtqKGyYjsQ#/registration

Thanks!

@TraderLion

14 күн бұрын

Thank you! Glad you found this valuable!

Lets go!!

thank you!

@TraderLion

Күн бұрын

Welcome!

Agree with most and appreciate the information. Don't agree with the arbitrary "you must earn this or that " or that you can bucket people in " stages"

@TraderLion

6 күн бұрын

You can only have so many different shapes of your equity curve (account balance) so when bucketing it makes it more clear what aspects of trading you need to improve on.

Great video. Just a suggestion, we need more energy from Rai, he too has great inputs and insights but lack of energy at some point negates the efficiency of that point. Thanks again for doing this.

WAITING FOR MORE LEARNING

Thank you so much, i am from Viet Nam

@TraderLion

13 күн бұрын

We're happy to help! Glad you enjoyed the video 💙

Here's how I handle a large gap down: remove my stop - shorts will be covering and buyers will step in to take advantage of the big dislocation in price. In most instances, I will be able to sell my stock at a higher level than the initial gap down open. I’ll wait a minute or so to see if buyers and short covering push the stock higher. But if they don’t, I’ll sell pretty quickly.

Another great session thanks. Bit lazy with your decimals on the preserving financial capital slide... don't htink we need the precision of 8 decimal places 😂

@TraderLion

6 ай бұрын

lol!

Hi Rai and Richard . Kudos to both of you for your excellent effort ! 1. I have a follow up questing on cutting losses. should we book losses on intra day basis or wait for closing ? 2. How/where can we make our Equity curve as brokers don't provide it. I am maintaining all my trades in excel spreadsheets. Is there any way to make it on excel?

@RBG9000

3 ай бұрын

The equity curve is nothing but the plot of cumulative returns of all of your trades. Say column A is date, column B is $ gain/loss (loss being noted as a -ve $ amount) Add column C as cumulative return or equity curve. Formula for C1 =B1 (your first trade) Formula for C2 =if(B2="","",B2+C1) Copy/drag this formula in cell C2 down the entire C column Insert a line chart with column A as Xaxis and column C as Yaxis. Hope this helps.

Thanks

@TraderLion

9 ай бұрын

Welcome

Richard, is there any platforms where we can do virtual trading competitions? like 3month competitions. 1 year competitions etc. no real money involved. just something for us stage 1 and stage 2 traders to try and assess our skills. :D . and you could be the organizer lol

@TraderLion

2 ай бұрын

Great idea 💡 Deepvue will starting next year

If you make your position size based on % of account, then position size expands or contracts automatically. Is that not ideal, is there some benefit to doing multiple trades at the same dollar amount? I also adjust once completely flat. For example, if I'm using a 30% position size, and up 100% on a call option, I base the 30% of the remaining capital based on what the capital was before the unrealized gains. I don't add a second position until I'm up 1x risk and move up my stop loss. I don't want to be risking more that 1x risk of 30%(gaps aside) at any point in time.

@TraderLion

13 күн бұрын

Position size on a $ perspective will change, but that allows for your trading to scale larger overtime. Position sizing is a balance between account % and trade risk ultimately leading to a portfolio risk for the trade.

I work full time and so need a less active trading time frame. What are the differences when trading a weekly system versus daily swing trading?

@TraderLion

9 ай бұрын

You'll have to operate more based on weekly charts and pivots. this can be an advantage

@anthonyballog8026

7 ай бұрын

@@TraderLion Tom Dorsey said the point and figure chart which is best in my opinion is equal to the weekly chart. Three box breakouts sets historically sets the trend. I go in the direction it breakouts.

Are the minervini screens similar to MS?

@TraderLion

9 ай бұрын

They are equivalent

If stop loss hits, do we have to immediate sell or wait for day closing

@TraderLion

9 ай бұрын

That's up to you. personally when my stop is hit, I'm out

yesterday I learned how to read a candlestick chart. i think im a stage 0 trader right now lol

@TraderLion

4 ай бұрын

You are at such an awesome part of your journey right now. Focus on the risk management part and the profits will come

If when I buy a stock, my technical SL is about 12%. Is I apply 5% SL in this case.

@TraderLion

9 ай бұрын

Why do you set a 12% stop?

@Vikioi

9 ай бұрын

Remember " winning horse never come back to the gate " & ( When you put 12% SL , 24% Gain 1:2R ) Choose tight SL if you want to alive during every market cycle.

I think you have a mathematical inconsistency in those slides starting at 1:23:18. How can you have up to 10 positions with each position size being 12-15%? Are you suggesting it's okay for Stage 2 traders to use leverage?

@TraderLion

9 ай бұрын

The max position size is 12 -15%. Not all of them.

@dasfahrer8187

9 ай бұрын

@@TraderLion That makes more sense, thanks.

When the market tells you "you're wrong" just then move on.

@TraderLion

5 ай бұрын

Yes

100k ❤

How to decide which timeframe to play

@TraderLion

9 ай бұрын

Stage 1 & 2 traders do best with dailys and weeklies

@susil77

9 ай бұрын

@@TraderLion If stop loss hits, do we have to immediate sell or wait for day closing

🚦🚦🚦

Richard! I need sell rules! My batting average this year has been over 60% but my win rate is so bad I don’t even wanna tell. Which pretty much means I am selling way too early to be super profitable. Pwease help 🥺 Edit: I am managing my losses pretty well but I simply am not letting my winners go and cutting too early😢

@Shubharwal

9 ай бұрын

All right I’ll give out all my stats and you tell me what I am doing wrong. Win rate 10.84% Lose rate 3.33% Reward to risk 3.26 No of Ws 102 No of Ls 64 Batting avg 61.45% Total downside risk on buys -4.73% Total down side risk on capital deployed -1.03% P/l on buys +3.73% P/l on capital deployed 6.58% I think my problem is position sizing and sell rules. I just don’t know what I am doing wrong. I think I’m pretty close to super performance level.

@TraderLion

9 ай бұрын

What do you think is holding you back?

@Shubharwal

9 ай бұрын

@@TraderLion Selling too early is a big problem with me. I’m kinda confused about what Mark said in his books. He said he likes the sound of cash register ringing. If I go by his rules I am doing it right. Selling half my positions when my gain is about 2x my avg win rate. But that is not showing in my results enough. Maybe I am selling the other half too early too. I’ve watched interviews of David Ryan on this channel where he emphasizes on riding the whole trend. This is kinda opposite of how Mark goes about his business. I am too new to stock trading to know which one is the right path for me (only 2 years in and first year of profitability). Can you guide me through this?

@William.-.

9 ай бұрын

​@@Shubharwalyou got a really good win rate to loss rate ratio.

@aprofromuk

9 ай бұрын

sell when it closes below a certain MA, start with 10 and adjust, and move ur SL to BE within 3/5 days.

Any questions?

@mikkeljensen1288

9 ай бұрын

Hi Rai. When considering a stock are you looking at average volume?

Lost 50% in 2022.

@TraderLion

5 ай бұрын

Let’s get it back 💪