How to Avoid Common Day Trading Mistakes

[@theophilusnwokolo7090]

My major mistake is that i dont use any session indictor. I just jump into trade at anytime. Now i know better. A million thanks !

[@TheMovingAverage]

You're welcome

[@mirsarim5345]

Then use a session indicator

[@hillary1584]

my major mistakes are fear and impatience. the fear to take a trade then it flies away and then impatience when I'm in profits thinking the trade may reverse making me jump out of the market too early. Thanks for your teachings sir

[@TheMovingAverage]

Thanks for sharing!

[@TrendRider7]

This was my first week finally taking action on a demo account. Even with watching videos and looking stuff up, I had so many questions. The first 3 days were rough but by Friday morning I was able to bring my account up to a profit of $800. I see what you are saying that you just have to jump into it. I have learned a good bit just in the first week of demo and am looking forward to utilise what I have learned but also gain even more on next weeks trades. Thank you for all the effort you put into your videos. I watch them repeatedly.

[@jamesjobe4307]

The second to last... Analysis paralysis...I swear you were taking about me. Thanks for this eye opening content!!!!

[@TheMovingAverage]

Welcome!

[@IrshadThallwala]

My mistakes are over trading, not manage risk reward and enter wrong time in trade, But now I understand after Arty Videos watch and I educate my self .Thanks Arty

[@TheMovingAverage]

Most welcome

[@waeloth]

My mistake is in overtrading, keep contract open no TP sometimes no SL

[@0tindak0]

same here.just blown my entire account last day😪

[@TheMovingAverage]

Never never never

[@williamcasey807]

S/L @ ALL TIMES ! Get your rules and hold them and remain humble on your faults . There are no failures , there is only more growth my friend .

[@cristians387]

A mistake could be thinking the price will never fall too much and set a bad (too low) stop loss. Trend could go down as not expected! Good and humble speech, thank you

[@TheMovingAverage]

Most welcome

[@theblockcat-ain1572]

My problem is when I win 2 or 3 trades.....my 4th trade it turns against me. Always. I need to just take my winnings and STOP😊 At the same time it's not meant for traders to win. Brokers have it set up so when a trade go in the opposite direction it moves 10 times fast then you're in profit. Something many don't talk about out here. It's set up for people to lose their money.

[@PietervanSchalkwyk-s7j]

100%. I've been learning via youtube and other sources for about a year, tested a million strats and indicators. Learnt far more this past month of actually going back and forth demo and real account.

[@TheMovingAverage]

You got this!

[@host151]

Thanks for the lecture, Mr 🤝 It came at the right time as a reminder, I'm very sure it will help everyone that come across ❤

[@TheMovingAverage]

Hope so!

[@mntrock5831]

This was so on time for me. I work during the day and needed to know the best times to day trade, and you ANSWERED ❤ I appreciate your channel and information. Keep up the work good work 👏

[@TheMovingAverage]

Perfect!

[@d14flare]

Just failed my evaluation phase after passing challenge phase, makes my 10+ failed challenge over two years, thousands of dollars lost, mental stress and sleepless nights I don't think i can continue. Followed all your advice and strategies....

[@TheMovingAverage]

This is a decision you will have to make on your own. Trading is not for everyone.

[@cykablyatvodka2269]

I feel your pain. Don’t give up. Rather than pumping money into your challenges. Use demo accounts and set yourself the same rules. Once you can continuously pass demo challenges, then put the money up. Even make it more challenging, give yourself a one month timeframe or if you get good, 1 week. To ensure you don’t put severe financial burden on yourself and your family, I’d keep to the demos for now. The market is like the UFC, it’s elite. You will get knocked down, even if you’re great. If you’re not, you’ll get knocked out time and time again. Demo’s are like the gym sessions and sparring sessions to prep yourself, the lower amateur fights that don’t really count that much. Keep training brother until you feel you’re ready again to step into the octagon against the champions of money 👌🏻

[@omarpervaiz]

Reduce down to micro lots. Get your edge down. Gradually increase your lot sizes as you get more confident. The market does not repeat patterns. SLs should therefore always be acceptable losses. In it for the long ride facing challenges myself. Keep at it brother. ✌🏽

[@civildesigntube8927]

welcome back bro I like the way you express things I'm trying to start trading, and this is my third day of learning the skills, so I am trying to copy what you are doing by looking some of your videos keep it up I am sure I am going to do it.

[@TheMovingAverage]

You can do it!

[@Abo_Ahmed_2024]

Wonderful advice.. Thank you.. But how can I control my emotions in trading?

[@TheMovingAverage]

Join The Trading Floor at www.trdfloor.com

[@Firoz900]

Thank you RD.

[@TheMovingAverage]

Most welcome

[@Abdullah.Kanani]

No body talk about this things thanks man 🌹

[@TheMovingAverage]

You are very welcome 🤗

[@theepremiumgentoftheworld9088]

Learned a lot from your channel man. My trading psychology and my general day trading has become so much better ever since I've started watching your content. I appreciate your content 🤝🏽.

[@TheMovingAverage]

Great to hear!

[@udiongblessedluke5315]

For me, i don't know how to set my TP mostly because of greed. I'm currently working on it by targeting a specific number of pips or i target the next support or resistance level.

[@vogword6716]

Sir you are amazing teacher and I have emotional problem taking trade emotionally and 95% I failed

[@anoldtakurachabata6752]

Very informative,thank MA

[@TheMovingAverage]

My pleasure

[@tomstruct]

Thanks arty 🎉

[@tomstruct]

Hope you’re feeling well 🎉

[@TheMovingAverage]

You’re welcome ☺️

[@pacyfikatort1889]

everything is beautiful, it's a pity that there are no Polish inscriptions in it Arty 😢

[@TheMovingAverage]

sorry

[@pacyfikatort1889]

@@TheMovingAverage thank you for adding subtitles my friend 😎

[@tiarawestonxxx]

Mine is analysis paralysis. I always look at the chart and mentally put a trade on and it always plays out. I have a live account that I have started using now to get my confident and emotions in check. I have been using a demo account and now I will use my live account.

[@TheMovingAverage]

👍

[@shouldersss]

My problem is I'm too conservative trader and, it takes me hours and days to entre a trade llolz. Love you ARTY ❤

[@TheMovingAverage]

Nothing wrong with that

[@host151]

I know there's more to trading psychology than just as they list. Imagine you want to sell all your stocks in the shop in one single day. I've always told my students and friends the better you see fx trading as business than a game. I know humans are born with greed we can never erase it, so also our emotions. Even as I hold on to this psychology I still see some opportunities and feel like 'ouh how wish.. " 😅

[@TreborNimrif]

Yep. Overtrading is my problem. Lessons learnt.

[@TheMovingAverage]

We have all dealt with it

[@MarioMilhomemJr]

When i'm Trading on a breakout and waiting for the retest I forgot to move the stop loss for for the pips i have planned. Because i enter in the retest and sometimes it breakback and I jump in so the stop loss became less then i planned. Trade starts reverse and toke me out few times because of one Freak Pip. Also moving my stop loss too early to even and being take out without almost zero profit and see the market going profit but i'm out. Another one is jumping when the candle is running and it normally make me enter exactly where it has a resistance and it retrace a bit and I get too anxious, but I'm dominating my emotions. One more mistake... Changing stop loss lower thinking the market will go back and actually i end up losing more. I lost one Challenge account because it was so low that i decided to take the stop loss out hahahahahaha and I didn't know it's against the their rule. Anyway, I have being trading for few months with demo accounts and got very close to pass for a funded account. I corrected my mistakes and I'm going to get funded soon. I'm learning from you a lot. Thanks bro.

[@TheMovingAverage]

Thanks for sharing

[@PSPlayz24]

Amazing videos. My issue is that i am out of my trade too early. For instance, i started a trade and then it turn a bit blue let's say 15-20 pips positive, i get out of it. There has been instance where my trade was in profit but didn't hit the TP and when opposite sometimes ending up hitting my SL. Any advice on this please? P.S. I mostly do scalping so my target mostly is 40-50 pips but irony is i have hardly waited for my TP to hit. 😂

[@tipuali7980]

Bro I made a lot in demo trades but losing a lot in live trades

[@Dudester128]

Hey Artur, super appreciative of all that you've done! I think it's been nearly 2 years since I subscribed to your channel and I finally passed my funding challenge. How long did it take before they approved your funded account?

[@Abdullah.Kanani]

I agree 💯

[@TheMovingAverage]

thanks

[@Nexusmind_]

Bring back the cool intro!

[@TheMovingAverage]

👍

[@ShreeTradingCorporation]

RD my Man u are glowing different😅

[@TheMovingAverage]

Thanks

[@analozanofit]

Thank u!!!

[@TheMovingAverage]

Welcome!

[@IsaacBoateng-p6d]

I am the one you are talking to. Loses everyday! I have applied all of your strategies, but none of them are working. So I asked myself, is this a scam? I need your help. How can you please help me? I would be happy to meet one on one.

[@TheMovingAverage]

Join The Trading Floor at www.trdfloor.com

[@ambeshsinghable]

Sir I have a query....when you know there is a big probability of movement in either direction but you are not sure of direction.....how do you decide

[@simplerick3851]

Flip a coin and tight stop loss

[@jeromeherman4760]

You just wait.

[@winston8981]

wow. That endless study comment hit me. Time to take action instead.

[@TheMovingAverage]

You got this

[@simplerick3851]

I forget to reset my order size alot and end up eay to deep in a trade that I only wanted 1 contract for and not 3, 5 or 10.

[@TheMovingAverage]

🤔

[@siag6210]

Im the most patient person in my family but cant be patient on forex i lost 300$ just in 2 days now im broke frustrated and depressed but i saw your video of how to grow a small so ima try my best to do better

[@TheMovingAverage]

Keep me posted $1000 Giveaway!!! No purchase required! kzbin.info/www/bejne/jZazgJSMjLFsiK8

[@kenduwainmoko2476]

i always loose trades coz i fear executing sells and thats the only thing.if i focus on my technicals and follow my gut ill be okay.

[@Mohanvamc]

I am not consistent to follow one set-up for 20 trades. That is my biggest problem

[@avestuart]

I don't know if this is a mistake necessarily, but I stayed on a demo account for three years until I felt as though I really had it down. I treated that demo account as if it were real money. I finally tripled the account and decided that I knew enough to use real money. A LOT of traders and commenters on various videos and threads told me not to trade so long on a demo account, but I think it saved me a lot money.

[@anikofreeman5328]

Thanks Arty, I am a beginner trader, again :-) you are one of the best so far and you give encouragement and heaps of insight for us. I went back on your channel to learn and I watch: "Best Place to Trade Cryptocurrency with Leverage" from 3 years ago. do you still recommend Bybit or you recommend someone else to trade with crypto? Big thanks from Au

[@johnpatrick7815]

So my forth time EVER putting money down i did 1$ trades starting at 200$+40$ bonus trade i ended up making roughly 100$ everyday. give or take ever trade was under 30 seconds and i went from 240- 1100 it took me around a week to bring it up 1100 using the martingale method i dont know if it was luck that got that much but anyway m emotions got the best of me and i lost everything and now i do what i can to make 100 bucks. i try to get back into that groove but i think its killed my confidences though.

[@TheMovingAverage]

Appreciate you sharing

[@PersianStealth69]

❤️‍🔥💛💛 thank you bro ❤️‍🔥💛💛

[@TheMovingAverage]

You're welcome

[@letitgolig1128]

another one, getting greedy my worst mistake still working on it

[@TheMovingAverage]

please keep me posted

[@Sambhav-S]

Forex trading broker?

[@TheMovingAverage]

Check the description in this video

[@refol1xxd822]

My Problem is that im Profitable and then i smoke a joint and then I just start Gambling and i dont know why thats why i am Quitting Smoking rightnow and also for my Health

[@TheMovingAverage]

This would be a good to stop

[@taylorcaves5879]

I take my greedy profits then close my position without leaving a runner!

[@kevinmnangle]

I trade at my desk; I never trade away from my desk. "It'll turn around." No, it won't. Get out now before -10% becomes -30%.

[@TheMovingAverage]

🙁

[@parfaitmeda4327]

First comment

[@PreciousBentil]

I always try to recover my loss but rather lose all my money 😢😢

[@TheMovingAverage]

Stop!

[@algretaipeku5451]

the worse over and over trading 🙄🤯

[@TheMovingAverage]

Stop that!

[@geniusthugs_IV]

overtrading is very addictive , I'm telling you it's like a drug. even when you're losing I will make more money revengetrade. my biggest downfall 😅

[@710malcolmpereira2]

I only needed to make £70 more to pass my phase 2 funded challenge. I had a great strategy with good risk and I was doing really well until. I was left with just £70 that I had to make to get funded. I over leveraged and hit my daily drawdown. This was heartbreaking. Hoping to recover from this. Currently don’t have any money left on me. Any money I could get would be of great help as I would really win this time. Please help me🙏🏽

[@imperialcloset1888]

❤❤❤❤❤❤❤❤❤❤

[@TheMovingAverage]

Thank you

[@tomstruct]

Yep my mistakes are - over trading, revenge trading, taking too many courses! Demo trading was great. Even a trading view competition where I only did 1:2 risk reward for a month and I was profitable! But back on a live account I was too greedy/fearful and blew my account again. And I’ve signed up for plenty of courses

[@TheMovingAverage]

Thank you for sharing

[@tomstruct]

Least I can do sir

[@RichyCryptic]

Really need some advice from a professional right now. I just started learning how to trade crypto but I'm rushing through the learning process just because of my friends who say they will be a bull run by 2025 and I don't want to miss it. Is it that important that I should hurry up and learn?

[@TheMovingAverage]

Join The Trading Floor at www.trdfloor.com

[@710malcolmpereira2]

Hey Arty. Could you please help me get a funded account please. I have a great strategy that I’ve worked my self for months and it works really well. I am in a really bad financial situation right now and I would put my 100% efforts into this. Please help me Arty🙏🏽

[@TheMovingAverage]

Join The Trading Floor at www.trdfloor.com

[@hinamirza7921]

Hi there, Thank you Could you please please please share your Telegram link. I'm following an account by your name but I'm not sure if it's you as there are many accounts on Telegram and tiktok with your name and videos. I want to make sure that I'm following the right one.

[@TheMovingAverage]

It's in the description of this video.