Man speaking facts. You literally create a fake opportunity in your mind. 🤦🏻♂️ and then blow your gains
@t02fy4tc0sx Жыл бұрын
The MOST powerful Indicator in Trading is "The POWER to walk away and be happy with your results!"
@gusmanue83377 ай бұрын
FACTS
@satoriceramics6010 Жыл бұрын
That was a bad habit of mine as well. Would come away from NY session blue but would stupidly get back on later just to leave the day negative. Some of us have to hit our heads more than others lol learned my lesson and taking my time now.
@saneegottze6618 Жыл бұрын
What app do you all use??
@satoriceramics6010 Жыл бұрын
@@saneegottze6618 I trade with hankotrade on mt5
@Oscarrsaa Жыл бұрын
Same asf, recently if I have a winning morning I gtfo
@Lovlee33161 Жыл бұрын
Bro bro BROOOO. Until you’ve experienced it firsthand, you don’t understand how accurate this is.
@sjkkkkklammmmnnnnjnij Жыл бұрын
This is actually exactly what happens with gamblers too
@mansmooth2554 ай бұрын
@@sjkkkkklammmmnnnnjnijyou are exactly right about that
@zozo5065 Жыл бұрын
Ever since ive had a cut off time of 11am. The last month ive only had 3 red days. The rest green. Amazing what staying disciplined can do. "Live with the pain of discipline, or the pain of regret"
@juicehiphop4264 Жыл бұрын
nice quote
@REGARDSHU Жыл бұрын
Not easy to be disciplined. Until the end of July, I will stop at 11:00 whatever the result. When I respect this promise to myself, I will know that I will profitable successful disciplined trader
@zozo5065 Жыл бұрын
@@REGARDSHU you've got this!
@blackoutgstar9949 Жыл бұрын
yeah after noon or 1 pm there's no volatility. once in a while there will be that week long bull rush or bear rush. not often at all though
@martinaasen844011 ай бұрын
How many trades you do on a green day vs the red days?
@alifetomake7 ай бұрын
Yeah, I noticed that this week. The more I stay in front of the chart, the more I'm impatient, anxious, or hypnotized. Which often leads to deception.
@ceejones404 Жыл бұрын
Lol all traders go through the same process, it’s a sign to keep pushing through difficultly
@coitymdeAviator7 ай бұрын
Most people will not understand this until they've experienced it 😂😂... To God be the glory, I now have a fix rules and I always goes with it. This has made me improve so so much in my trading journey
@catladytrucker7608 Жыл бұрын
I don't revenge trade or add to losers, or do any of that other stuff. But this one here got me. This is what I am struggling with. I am working to break myself of this because, you're right, it never really works out.
@peanbean1973 Жыл бұрын
If you are a beginner trader I highly recommend sticking to swing trading and only taking 2 or 3 trades a month.. You want to make a trading plan every single week. Identify the trades that you plan to take before you take them.. If you identify 20 possible entries than just pick the 2 or 3 with the best confluence and stick to trading that only.
@flexntexn Жыл бұрын
It can definitely be an addiction. While trading is calculated to a degree it is still a form of gambling and addiction to it is very real.
@MeatBrah Жыл бұрын
Did that exact thing and lost 1200, my way of fixing it is looking at the market and imagining what patterns can result from the current movement, and ONLY taking those trades, let the market come to you💯
@carlojimeneztrader11 ай бұрын
Trading doenst have to be limited to a specific time a day I analyse the markets, i set alerts, when the alerts get triggered (it doesnt matter if 9 am or 9 pm) i trade it. Works for me
@flexgaming1157 ай бұрын
Bro the way you tell the things and the possible mistakes of traders, it tells that you are a true trader and have experience and you tell the true reality
@bsfa22 Жыл бұрын
Did it 2 days ago. $200 turn into $4900+ then did the same and loss all of it in 4 trade.
@mynamesdillan Жыл бұрын
I have a serious problem with this rn. Ill trade the open, be up a couple grand and sometimes leave with half the profits I originally had or leave the day in the red after coming back and just “watching” the market lol. Need to be more disciplined in this regard
@ZwipeAir Жыл бұрын
Yea true bro, gambled 1000$ away today, made them back and more and wanted to call it a day. I really wanted. Again -1k
@MemenTobiasMori7 ай бұрын
People thinking about gains when first starting out usually fail at becoming an investor. The 2000$ lost is just a tuition fee, nothing to really bother worrying about in the long run. As it gives learning and information which in my book is worth exponentially more than having someone telling you a mistake you've not even made and learn 0 from.
@MauryanEON Жыл бұрын
Same bro. After my trading is done. I do a journal entry and Laptop goes straight into the backpack until market open 😂
@nicolasteura9172 Жыл бұрын
Bro the content you provide is real and personal. I have been part time trading and it's a lonely journey. Your experience is exactly what I have been going through. Thank you bro.
@Itsjoecampos Жыл бұрын
I remember doing this all the time, I would be up until 6am waiting for a trade to happen, on my phone looking at the charts before bed and randomly trade for no reason. So happy I’m out of that phase 😂
@LASMAHTRADING Жыл бұрын
How did you deal with that. Am struggling with same bad habits.
@Itsjoecampos Жыл бұрын
@@LASMAHTRADING to be completely honest there comes a point where you just give up caring so much and end up sticking to your strategy that is consistent
@Itsjoecampos Жыл бұрын
@@LASMAHTRADING that’s really all part of the process though because you’ll never come to that realization unless you beat yourself up enough
@REGARDSHU Жыл бұрын
In the open the mind is fresh and the focus is high, so I make good results most of the time. Later in the day, the brain is tired and focus is lost, and the emotional brain (the emotional brain is the one that must disappear in trading because it is the second enemy of the trader after fear is in control) becomes the controller. No need to trade after 11:00 if you are successful in the open. No need to lose
@aaronwilliams6808 Жыл бұрын
Dealing with this now...😂
@ida45877 ай бұрын
Same, after a certain time (depends on the market you are trading) the big whales leave and the algos take over that's when you start losing and when you go from green to red your mental capacity starts to take a hit and you blow accounts. I am learning to leave with my green and leave it at that.
@heshtrades Жыл бұрын
I agree with this lost a couple of amounts doing this random times of the day and just learnt to trade in one session at one pair a time
@mikehunnewell7412 Жыл бұрын
I see a lot of people like that. It's very addicting to a lot of people. I always hated the market because my dad lost a his hole life savings when I was younger. He got back into it a couple years ago and lost 25k more . I started trading about a year ago and done pretty well. Eventually my dad listened to me and in one month .I got that 25k back. A lot of people speculate way to much and don't do little to any research. It's way easier to do a bad trade than a good one. Most people what to do something now and have a "all in" mentality . That's not investing , that's gambling.
@jijibaebee Жыл бұрын
Thank you for sharing these it really helps me as a new trader
@kritisundur6 ай бұрын
very relatable. only guy in trading space, that makes sense to me
@Nasdaq_Sniper Жыл бұрын
Yes I’m learning this about my trading as well. Keep the videos coming bro
@ojvic72979 ай бұрын
Its good when youre a beginner Be obsessed with the charts… Till u understand it.. But its a habit you have to unlearn subsequently
@toddcournoyer5759 Жыл бұрын
The more trades u take per day, the more chances of a loss or 2 ...that's the odds beginners don't think of. Quit while ur ahead is crucial. N quit for the day if u lose a trade as well. Set parameters, cuz the chaotic market has none.
@totallysick88able Жыл бұрын
I was bad with this habit. I’d be green on the day having made good profit in the morning then wipe it out if I logged back in later. Same rule as gambling, if you made good money, be done before you give it back.
@chinodollaz6158 Жыл бұрын
I have a problem of taking profits and coming back later to check how much I left on the table, then end up overtrading into a red day seeing those “opportunities”.
@aaronwilliams6808 Жыл бұрын
Maaaannnn......i do the same shit
@CryptoAhmey Жыл бұрын
I think Chart time is very necessary! you take those but you learn from that!! experience is important.. but yes you're right about Saving capital.. I prefer to dodemo when i'm just watching charts!
@Man.who.sold.theworld Жыл бұрын
Bro you have such incredibly valuable knowledge from experience that I’m adding to my journey keep it coming 🤘🏼🔥
@protaxis46607 ай бұрын
This is so true eish. I have countless profitable days i have turned into losing days because of this
@marioStortuga Жыл бұрын
I have two trade time periods I learned that keep it within those times if no setups I walk away
@TheRoguePrinceDaemonTargaryen11 ай бұрын
Hey buddy! I really like the way you explain day to day trading issues. Need your opinion on a small issue. I have a 350000 capital on hand which I wish to apportion to have multiple accounts to avoid blowing through my main capital figure out of above which is 250000. Should I apportion it in 2 parts or 3 parts. What do you suggest I do?
@Coted1988 Жыл бұрын
Dude!! This is me so bad. I'll put on a stupid ass entry and then instant drawback. I close the position and switch sides, just for it to go back the other way.. now I may lose 2or 3$ each times but after doing it 5 times, I'm down 10,15$.. (I have 100$ acct). I always regret it. Psychology is real bro. I'm not trading unless it's London or NY session.
@Wassim6538 Жыл бұрын
I did this the entire day, and made 10% of my capital today. Just make sure you stay focused and aren't tired
@bottomlinecents24 күн бұрын
sounds like me right now, trying to overcome this issue.
@flash2867 Жыл бұрын
My problem is being up for London amd if London doesn’t present me a opportunity I try to trade at work which I can’t monitor much at all if any then I have extra losses for no reason breaking habit then commission adds on top I remain profitable but this bad habit stops me from soaring
@DarkFutureTrading Жыл бұрын
Took me a long time to realize this, but it's a rite of passage. Now I can trade for maybe 2 hours of less and walk, check the markets sometimes, but lock myself out from trading.
@felreizmeshinca7459 Жыл бұрын
I guess I have better control then. I watch the market daily but hold positions for swing trading. Maybe it ius because I trade stocks and use mainly daily time frame as my base.
@jettbaker76907 ай бұрын
Great advice.
@ronen160 Жыл бұрын
I get it, but oftentimes I will come back at the end of the day to see how a stock did, and find a rally midday, of several points!!...........if only I had kept trading.......
@faddystark875 Жыл бұрын
😂😂😂😂😂me too
@MikeTheVanFX Жыл бұрын
I learned at what times the market usually moves on my prefered instrument. So I did this for the whole day and all sessions. If there is nothing during those times I try to close the charts and walk away. Unfortunately I lost 2 weeks of trading so I have to play a little bit of catch up. When I do not see movement or sentiment for movement and my setup has no power to develop. I close the pc. And check another session or call it a day.
@WorldBizNow Жыл бұрын
I analyze the market from 7am to 8am PH time and back tracking what happened overnight after that I set up my supp and resistance level I'm a breakout trader then I just leave it there and wait for confirmations and enter a trade if Iose okay I learned something if I win I call it a day.
@finanzferdinand9874 Жыл бұрын
1. Over trading, 2. Going outwith your system
@Godisgood137 Жыл бұрын
Trading is just a straight gambling addiction
@deutsch-7946 Жыл бұрын
Currently fighting this addiction!! So true!!
@gwailo27 Жыл бұрын
I'm gonna start this tomorrow. For sure, but if you'll excuse me I just gotta take a peak.
@sights33r14 Жыл бұрын
This was definitely a big issue for me.
@campione8campione8187 ай бұрын
I learned a lot from you bro
@TradingVu Жыл бұрын
your background though 👌🏽🔥
@TheVhonvhon11 ай бұрын
Thanks for these
@JOhnnnnny611 Жыл бұрын
damn dealt with this just yesterday
@syedrosdisyedmohd Жыл бұрын
Yeap. Up a gew k today... only take the best trade. Let it be only 2 trade a month that gives you 10-20k pertrade compare to daily trading that you gives it back.
@JasonPhillip303 Жыл бұрын
If you randomly checking the charts and making up opportunities in your head then you do not have a strategy.. because it won’t matter if you don’t see your set up you won’t trade
@faddystark875 Жыл бұрын
So true ,at times It's lack of strategy ,and trading candles instead of strategies,you be like wow it's going up let me buy ,after seeing a blue candle
@braddistler5697 Жыл бұрын
Totally disagree. Morning is ripping and whipping. Traps everywhere and mid day levels tend to get hit without such hard pullbacks. I work full time and have side business and trade all day while working mobile out of a van. It helps me to watch markets and only take trades when stuff I’ve been waiting to happen happens. Then say 50% pullback and snap that trade off then long again when bounces off 50% pullback. Take profit before level is hit and let others buy or sell that crap. I front ran exits 2-3 points early today and that’s all it ever went trapping bulls. Nice head and shoulders too which whicked down on mes rapidly and set stop order before that level back perfect head and shoulders pattern. One 5min candle and you’d miss exit because it quickly came back up. Late day tends to squeeze late day players who think it’ll pull back at last candles of day. That’s a mistake retail traders exit positions at close and markets usually won’t pullback until after the close. I saw the mnq rippin around at 9:30pm ET today. Lol. Close the gap overnight and rip up for the last day of month into bullish 4th of July week. Maybe pullback Friday? But it’ll recover this week and be bullish again like history. Anyways trading later on takes different approach where I go contrarian setting sell orders at tops of market with couple point stop loss with reward of whole swing whatever the market offers. Morning you’d better get with the trend because don’t want to get left behind on a trend day. Range days will most always let you out of first candle buy but don’t even know if trend day until it’s too late. Scaling in or averaging in on trend days like Tuesday waiting for pullback blows accounts up. Only scale in once markers have established some range and channel waiting for breakout.
@kingof.london7 ай бұрын
Precisely!
@banginzaza Жыл бұрын
Ahhh yes let's take the trade. Boom! Stop loss! Okay I'm done!
@chrismcdowall1797 Жыл бұрын
Such value in these posts
@sleepy_trading Жыл бұрын
Yeah i only do 1 or 2 entry a day and walks away.
@user-gz1ti2er5t7 ай бұрын
I usually just break my computer when I’m done for the day, then buy a new one 😂
@heyyoo3221 Жыл бұрын
what if you didn't find an entry within that time???
@adarshpatel2967 Жыл бұрын
Same question 😊
@born2270 Жыл бұрын
dont trade that day
@peterpanci78 Жыл бұрын
Good morning, are you trafing stock or forex? Thank you
@prod3gyy7 ай бұрын
Struggling with that right now any other tips😢I'm tiredbof giving my money back to the markets😢
@mohamedelsayed7703 Жыл бұрын
the legend speaks ,,, ohh my god thats happened with me alot never again
@user-zq8fe8pt4i6 ай бұрын
That's very true
@ezequiasquezada52388 ай бұрын
What time do you start and finish curious ?
@RandaT5 Жыл бұрын
A hard lesson to learn I had it bad...smh!
@fernandopillejera5179 Жыл бұрын
This habit will drain your capital into sink 😆
@jugenvl7 ай бұрын
ween wao
@damiana3018 Жыл бұрын
And they did great things in South Africa once they took the rule
@LidoBombs2 Жыл бұрын
Def cause the volume is never there to move the stock
@asifhossain20887 ай бұрын
so true, last night I did same mistake😂 I told myself I will just watch the movement, just watching. And I trade😂, after 2 seconds I was scolding me😂I told, I will not..
@stelliumX511 ай бұрын
I can sit and watch for hours
@Amr-wd9md11 ай бұрын
yea but trading a certain period is not very practical is it, what if your setup forms at different times. so it just doesnt work like that
@1215DayTrading Жыл бұрын
If you find yourself needing a cutoff time because you are placing losing trades then you aren’t knowledgeable of a true strategy with a profitable edge. Doesn’t matter what time of day it is, if you see a high odd opportunity then you should take the trade
@khanosamah Жыл бұрын
That's true.. I lost 5k in seconds because of that
@dashaungadson7099 Жыл бұрын
8am-12pm are the best hours
@KananeloMajoro11 ай бұрын
I Wish I Saw This Video 2 Hours Ago😢
@cesarhernandez38658 ай бұрын
hahahahahaha! Its a good one!!
@JRM---516 Жыл бұрын
I've come back later in the day to secure good profits. So there you go. Different strokes!
@CLiP_Edge11 ай бұрын
Damn, why he got to call me out like that 😂
@Sacredseed9 ай бұрын
9:30am-3:45-4pm
@happychild7854 Жыл бұрын
I did this today 😂
@LilMelty Жыл бұрын
Just happened today. Small loss in morning, came back to watch and got into a unplanned trade and got destroyed.
@itsoktoberight4431 Жыл бұрын
I find the best hours are between 10am-3pm anyway, in my timezone
@markwilson7321 Жыл бұрын
Such a valuable lesson. Thank you
@evandiaz8246 Жыл бұрын
That’s exactly what I do once I complete a trade I close my computer I’m done
@altezzio Жыл бұрын
This is a psycho game that reveals the Real YOU.
@carllundgren97547 ай бұрын
That's weak, you need to have the same fortitude to employ what you already did earlier in the day. If I was a miner panning for gold should I not keep going? Should I forget how to use a pan and sift gold a few hours later? Am I going to forget everything I know in a few hours after I start? I say not
@ICEMANFi Жыл бұрын
Guys what song is this. I love the background music to this guys videos
@notno2648 Жыл бұрын
Wich platform best for day trading please tell me
@TrueWealthFinancial7 ай бұрын
Thumbs up!
@terry1234y7 ай бұрын
But it’s very hard to walk way why you have a lot of problems then you come back trying to solve them
@corinthianthistlemiester Жыл бұрын
Strict rule of mine if you work small is 08.00-23.59