The UGLY Truth About Trading
10:44
How To Deal With Drawdowns in Trading
17:12
Every Beginner Trader NEEDS This Tool
12:00
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@ethanethan1198
@ethanethan1198 43 минут бұрын
I remember when covit hit I said yeah my brother did cover this😊
@ethanethan1198
@ethanethan1198 45 минут бұрын
The was a video you did in a snow with a blue maserati it use to inspire me big time😊
@j.vincent3801
@j.vincent3801 12 сағат бұрын
Pain is a necessity on the path to greatness
@user-dg5pl8jc9t
@user-dg5pl8jc9t Күн бұрын
Did you ever withdraw the $8000 you made on binary ontions? If yes, was it an easy process?
@israelmondowin1481
@israelmondowin1481 Күн бұрын
I like your videos ❤
@Chakaaaa
@Chakaaaa Күн бұрын
4.4
@davidsoyeren683
@davidsoyeren683 3 күн бұрын
For real? Interesting video...
@j.vincent3801
@j.vincent3801 4 күн бұрын
My version of this is forgetting to set a tp, price smashes tp then retraces heavily before I notice 😂 end up watching the wick of what could have been huge win
@Duomoinitiative
@Duomoinitiative Күн бұрын
If you're not able to be on the charts, then a set-and-forget approach with a stop loss and take profit is a must!
@j.vincent3801
@j.vincent3801 4 күн бұрын
Hey Nick, I'm at the point now where I can clearly see my last big hurdle is just sticking to my rules religiously regardless of market conditions, it almost feels like I've broken my rules so much that my brain is wired to sabotage me. Do you have any practical tips or a mindset you have/ used when you were learning to stick to your own rules/trading plan?
@michalsilezin8898
@michalsilezin8898 5 күн бұрын
Love to say he's lying but it is the truth. It will take time, it will take countless hours. It will take routines. It will be frustrating patiently waiting for setups that natch your created rules and you will be wrong many times. Yet as long as you're wrong on a SMALL percentage of your account and allow 1:2, 1:3+ ratio work out there will be a light at the end of the tunnel. Its a marathon not a sprint. It will require hard stop breaks too.
@lw1zfog
@lw1zfog 5 күн бұрын
it’s a global $cam
@uptowntrader
@uptowntrader 6 күн бұрын
Where have you been for days we miss you sir❤
@Duomoinitiative
@Duomoinitiative Күн бұрын
We're back for good 🎉
@user-nz9ub3kp7k
@user-nz9ub3kp7k 7 күн бұрын
😂
@DailyAIguy
@DailyAIguy 7 күн бұрын
Everytime. Should have done a market order and then set the sl accordingly 😅 you live and you learn.
@Duomoinitiative
@Duomoinitiative Күн бұрын
As long as we're learning from our mistakes, we're on the right track.
@bosslic_
@bosslic_ 7 күн бұрын
very underrated… such a strong impact. Andrew Huberman showed a technique where you inhale to the fullest and even squeeze some more air in until your lung is 100% filled. then release every little bit of air with one „flush“. like this you get rid of carbon dioxide and also it settles your stress level dramatically.
@Duomoinitiative
@Duomoinitiative 7 күн бұрын
Agreed! It's a highly effective technique!
@rumeshmadushanka3857
@rumeshmadushanka3857 9 күн бұрын
❤❤❤❤❤❤❤❤❤
@user-iy9yt8po2z
@user-iy9yt8po2z 9 күн бұрын
Brother , where have you been hiding?? I have watched a few shorts on your channel and almost saved all of them to my favourite playlist…everything you said to this point makes sense … please keep going and never stop… thank you
@thehoov6672
@thehoov6672 10 күн бұрын
Where's the rest of this video...?
@Duomoinitiative
@Duomoinitiative 7 күн бұрын
This is the complete short. If you want to learn more about this topic, we suggest checking out the related video linked to this short!
@fundadumlupinar684
@fundadumlupinar684 10 күн бұрын
According to what I can afford to lose.
@Duomoinitiative
@Duomoinitiative 7 күн бұрын
Do you keep the risk the same for every trade, or do you change it depending on different factors? If so, what are those factors?
@fundadumlupinar684
@fundadumlupinar684 7 күн бұрын
@@Duomoinitiative I have a budget as to how much I can lose per month, say £300, and adjust the amount accordingly per position. If I lose it all, that's how much I will loose max. If it's a promising position where I could see a high return on a higher time frame like daily or 4 hrs, I could spend the whole £300, I spend less on smaller time frame. All depends what the market offers and the time frame I am working on.
@j.vincent3801
@j.vincent3801 10 күн бұрын
I just do 0.25%-0.5% depending on how far away from initial I am
@MrElbahi
@MrElbahi 10 күн бұрын
What capital?
@Duomoinitiative
@Duomoinitiative 7 күн бұрын
Have you considered adjusting the risk based on other factors related to individual trades?
@youtubeman5033
@youtubeman5033 11 күн бұрын
Invest in property not stocks the brokers take your money and invest in property it will never let you down,
@investingnoob6064
@investingnoob6064 10 күн бұрын
That’s because you don’t know how to invest
@Duomoinitiative
@Duomoinitiative 7 күн бұрын
Have you had a bad experience with investing?
@youtubeman5033
@youtubeman5033 7 күн бұрын
@@Duomoinitiative no I made a fortune out of property
@grahamconquer8117
@grahamconquer8117 11 күн бұрын
Put a buy order with a stop loss
@Duomoinitiative
@Duomoinitiative 7 күн бұрын
Always limit your downside risk 👏
@LukasL8
@LukasL8 11 күн бұрын
Hahahahah😂
@dicksoncyprian9511
@dicksoncyprian9511 11 күн бұрын
what dont work for you doesn't means it doen't work for others,just pray and you will see how it can work
@bosslic_
@bosslic_ 11 күн бұрын
i don’t get anything of that
@Duomoinitiative
@Duomoinitiative 7 күн бұрын
What did you not understand?
@DailyAIguy
@DailyAIguy 12 күн бұрын
I've had successes and losses but whenever I have a setback in my trading I come back to this video. It gives me the motivation I need everytime to keep going.
@ilySaiKo
@ilySaiKo 13 күн бұрын
💯🔥
@Retarmy1
@Retarmy1 13 күн бұрын
Great video im reading a book the day the bubble burst; it is an book written back in 79.
@b1gw1lly65
@b1gw1lly65 14 күн бұрын
It's funny that this clip comes now and TOTALLY describes what trading has been like for me this whole month. NOT EVEN SUMMER YET! Love your stuff bro! Make some new vids already dang it!
@Duomoinitiative
@Duomoinitiative 7 күн бұрын
Appreciate the kind words! More content is coming soon!
@gormenfreeman499
@gormenfreeman499 14 күн бұрын
I read Reminisces of a stock operator 3 times in the last 8 years. Great book. Its like a good movie you love that you wanna watch again. Livermore though probably should have spent some time thinking of philosophy and getting other education. He committed suicide and didn't raise his kids right. His family was failure and it doesn't exist now, his bloodline forward from his seed went extinct.
@S1MH4CKR
@S1MH4CKR 14 күн бұрын
It's how you become unhappy working your life away.
@Duomoinitiative
@Duomoinitiative 7 күн бұрын
Appreciate your perspective! We can surpass 'good enough' by being more focused and disciplined without necessarily investing more time in something!
@Wads1988
@Wads1988 14 күн бұрын
Can definitely relate to this!!
@j.vincent3801
@j.vincent3801 14 күн бұрын
This mindset is why I go beyond 1:5s and allow for 1:10-20s 👌🏾
@Duomoinitiative
@Duomoinitiative 7 күн бұрын
Totally! Allowing your profitable trades to run is the way to go! 👏
@chhaytyyouhak7539
@chhaytyyouhak7539 15 күн бұрын
Just lost 40k $
@Wads1988
@Wads1988 15 күн бұрын
Amazing content as usual!
@Duomoinitiative
@Duomoinitiative 7 күн бұрын
Much appreciated!
@alecqoh254
@alecqoh254 15 күн бұрын
I love rick and morty😃😆
@DiscoTuna
@DiscoTuna 16 күн бұрын
I am new to trading, though been heavily on the development route you have outlined in this video for the last 2 months (draining YT, books courses etc, simulated trading and demo accounts to date). I have actually been using Forex Tester for doing my best to train myself during much of this time. What a fantastic tool and so much better than say replay mode in TV. That aside I just wanted to thank you for this video you have put together here. It is beautifully structured, articulately presented and showing a clarity of thought and consideration that i have been struggling to come across in the trading world. Just came across your channel yesterday and excited now to start going over the rest of you and your team's content.
@hisheartsings2742
@hisheartsings2742 16 күн бұрын
What is the title for the song playing from 11:49 to 13:00 it really resonates very well with me...
@dimitror1
@dimitror1 17 күн бұрын
Not true
@aaronzever4643
@aaronzever4643 17 күн бұрын
Pip hunting for me does not me eagerly looking for a trade but rather looking at the chart and setting traps specific for what you know is a natural occurrence in the market. As a pip hunter, if I want an antelope, I’ll hunt an antelope. Cheers
@ToniMobi
@ToniMobi 18 күн бұрын
best video i have seen about risk
@MyRx777z
@MyRx777z 19 күн бұрын
Didn't know there's another term for revenge trade as well. Trading world is very interesting
@francisik7141
@francisik7141 20 күн бұрын
I appreciate your transparency. You really want to help. Thanks for the Information
@shbmsrto
@shbmsrto 20 күн бұрын
Funny how people always come to this realization AFTER they've gotten a lot of money. I wanna get to that stage. You know, just to try it out for myself....
@sanjayahuja277
@sanjayahuja277 21 күн бұрын
sir, please let know how many trades you take in a day
@saks2760
@saks2760 23 күн бұрын
I came to check my online mentor's videos. You haven't uploaded for 1 month. Is everything fine?
@OladeleloladeAbdukhalid
@OladeleloladeAbdukhalid 25 күн бұрын
Thanks for drawing our attention to that ❤❤
@arathaemaxus5250
@arathaemaxus5250 26 күн бұрын
Ugh been through a dozen videos now and still have yet to find anyone who got Darvas right. Still waiting…
@user-bl1hz6br5c
@user-bl1hz6br5c 26 күн бұрын
Yesterday I was backtesting a strategy and I was on the screen no problem for 90 min in a row.......I start to believe I will be a decent trader one day.
@davidsbeast1
@davidsbeast1 26 күн бұрын
MOUR!!!