3 Things Professional Traders Do To WIN

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What is the difference between a professional trader and a losing trader? Apart from the obvious traits like discipline and patience, there are several key differentiating factors.
First of all, they don't trade just the pattern, but the pattern within the situation. Based on that situation, they understand what pattern to use and how to attack the market.
They also don't try to predict high or low, leave that to the ego. They try to trade the meat of the move where chances are skewed on their side and low or high has been established.
Last, but not least, they know when to push with size! They understand their conviction setups and get big on them. Now, ask yourself a question: can I improve on any of these points? Let us know what you think in the comment section below.
0:00-00:39, Introduction
00:39-03:50, 1) Trade The Situation, Not The Setup
03:50-06:29, 2) Don't Try To Predict High Or Low
06:29-12:02 3) Professional Traders Vary Size With Conviction
#DayTrading #Trading #TradingFloor
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Contacts:
Demetris Mavrommatis - Co-Founder, Head of Trading
Alex Haywood - Co-Founder Head of Strategy

[@Josh-Jones]

So insightful, thank you Richard!

[@hijack80]

i regret not seeing this earlier. thank you for the insights

[@electrocademyofficial893]

Thank you - great video

[@3ctrader]

Amazing!

[@edouardvahanian]

Very useful video ! Can you apply this to crypto majors ? Cause it feels like you a reversal can easily happen without warning in crypto

[@AM2K2]

Great video - cheers.

[@TrotterSoccer]

Excellent. Thanks!

[@liveaction3759]

Excellent

[@thebabyjesus1524]

Great video

[@olivierdecesse6983]

All Axia's videos are excellent And to me this is the best! Thanks Richard.

[@AxiaFutures]

Thanks for watching!

[@pedropablopimientaperez96]

You guys do an outstanding work, keep it up!

[@AxiaFutures]

Thanks so much!

[@robertcliffort2354]

great.

[@danielpratt8184]

Thanks for that! I see a lot of these twitter furus obsessed with one upping each other on calling exact tops and bottoms. It's total theatrics and a waste of mental capital. Thanks for the reminder not to get caught up in that.

[@mjhUCWDpjPBR45jrSMTU48SCZ]

I love it!, thank you

[@AxiaFutures]

Thanks for watching!

[@akshaydhende3769]

best video ever

[@thetradernextdoor4832]

VERY GOOD!

[@t13monteurteam31]

well, you have to have enough money for building your position i.e. leverage it....

[@tachikomaticdays1858]

um you do need a hammer to install windows, but I catch what you mean

[@fuethao8154]

I disagree with you on upping your size on higher conviction trades because 1) when you know that the trade is a sure win, it usually has gone too far in the direction you've anticipated for the risk reward to be great in your favor and 2) it may be a high conviction trade but still it's a 50/50 thing. you just can't know in advance so why are you varying your sizes in between trades.

[@olivierdecesse6983]

I understand the meaning of your comment, but I do not agree and I will modestly give you my opinion: 1. Richard explained well that the pros are looking to trade the middle of a move, so in this video we are not talking about 4 tick scalps. With a good understanding of the order flow, you can quickly realize when the trade has a good probability and when it is lower. This allows you to add size while maintaining a good risk reward. Because by managing its position according to the order flow, the velocity, the LVN… we will move our SLs with the movement of the price so as never to have bad ratios. 2. We vary the size precisely because the indices that accumulate (price action, order flow, volume, velocity, delta, etc.) lead us to believe that the probability of trading will not be 50/50. The concept of asymmetric trades is precisely either to lose with reduced stops and on small sizes, or to win on distant targets and on large sizes. PS: sorry if I made mistakes, but English is not my mother tongue.