4 Trading Rules That Changed My Life

Day Trading with me: bit.ly/3nWMv9l
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In this video, I share two personal experiences that taught me valuable lessons about the world of trading. Why am I sharing these stories? It's because I want to ensure you don't repeat my mistakes.
I've distilled my experiences into four golden rules that every trader should follow in order to become profitable.
Trust me, I've broken these rules in the past, resulting in substantial losses-$47,000 on $SNAP and $70,000 on Moderna.
Rule number one: keep your charts simple by using only one or two indicators.
Rule number two: gradually increase your position size.
Rule number three: always have a trading plan.
Rule number four: resist the temptation to blindly follow trade alerts.
Don't miss out on this opportunity to learn from my experiences and start your journey toward profitable trading!
#daytrading #stockmarket #howtodaytrade
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DISCLAIMER: I am not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. You must conduct your own research. I am sharing my opinion with no guarantee of investment gains or losses.
AFFILIATE DISCLOSURE: I only recommend products and services I genuinely believe in and use myself. Some of the links on this webpage are affiliate links, meaning, at no additional cost to you, I may earn a commission if you click through and make a purchase and/or subscribe. Commissions earned will be used towards growing this channel.

[@HumbledTraderOfficial]

Hey traders! 📈 We all have that ONE rule that changed our trading. I wanna know-what's your life-altering trading rule? 🔥💪

[@thinkpod4543]

starting the next day as soon as I finish the present day! and focusing all my time and energy on one thing! I will try your free humbled tradaaaa! my research led me to Charted CFA last week 👌

[@randomstuff6332]

I like how your videos do show more in depth than just the rules in the descriptions. A lot of other channels would either not put it in the description or just talk at you in circles, but I really like where you show with examples.

[@usa4ever1776]

Very nice video and very cute! Thanks for making me smile and for the great tips! 😀

[@jasonreviews]

你的英語有進補.

[@Berghiker]

Don't make more than 4 trades a day. Sometimes only 1 or 2 will do.

[@nateostrowskimusic]

1. Don’t add too many indicators, learn price action 2. Don’t size up too fast, use size calculator 3. Always have a trading plan and stick to it 4. Don’t follow trade room alerts (if you’ve followed this channel, you’ve heard this one before 😂) Still watch the whole video, tons of wonderful info as usual! Thanks for all you do!

[@HumbledTraderOfficial]

Cheers thanks for watching!

[@wyattliu3637]

Now her KZbin full watch through count reduced, less Adsense income❤. But thank you for your summary

[@Berghiker]

What is price action? Not everyone is a numbers trader. Either I watch the candlesticks and patterns and manage my risk OR I only watch the numbers like Level 2 and time and sales but NEVER both. That's just my humble opinion.

[@nateostrowskimusic]

@@HumbledTraderOfficial thanks for posting!!!! always love watching!

[@patrickbyrne7599]

Nice video, thank you! In the example 1 risk vs. 2 reward, the dollar amount shown should refect that e.g. risk 200 to make 400...

[@maximoku8402]

My only two is RSI and Macd, this simple combo has allowed me to become profitable

[@richhands5269]

My three favorite channels: Humbled Trader, Stock Brotha, & Zip Trader. Make my week complete!

[@flaborn8631981]

man its crazy how when you are ready the teacher will appear, i've been dealing with the issues of going up on shares and not being mentally prepared to deal with the losses with going from 100 to 1000. This video is perfect timing. Thanks

[@FinTra_]

EMA(9) EMA(20) and EMA(200) + RSI for momentum (don't follow the conventional buy and sell, but strength of longing or shorting. It makes no sense when RSI says overbought to short the stock. That is just insane. It shows you that there is a loft of upward momentum. When volume has died down and RSI goes down then it is a good time to consider. I use RSI to not get burned 😇 RSI in combo with price action and volume to tell me if I can consider shorting yet or opposite for longs

[@allenwatch]

I do this set up as well. However I took off the ema 200. Could you enlighten me how you use the 200 ema? Thank you

[@allenwatch]

Scalping futures and some interday option plays

[@FinTra_]

@allenwatch 30min, 4h, and D charts

[@carolinegraham2083]

I cannot tell you enough thanks Shay. I am now having more than 80% green days since I have started going through your videos and applying VWAP, RSI and the 20 day MA. I have also decrease the number of stocks traded at any one time. I used to treat small caps as if they were large cap- NO MORE since learning from you.

[@HumbledTraderOfficial]

AMAZING!!! Happy for your progress :D

[@Berghiker]

I never trade with RSI. It's a useless indicator for me IMHO.

[@sleepy_trading]

I used rsi and ema 200 work like magic.

[@One-way]

You gotta use the indicators that YOU understand HOW to use. Glad you found a combo that is giving you confidence. Trader psychology is crucial.

[@andrewmarsh7636]

Hello Shay, Thank you so much for your great videos. You go into so much detail and cover things that many other teachers don't.

[@josephbowden2125]

My 3 indicators: VWAP, 200 EMA & RSI+ by D7R on TradingView. I look for good entries on my trades that go with the higher timeframe trend rather than against. Been a subscriber to your channel for the past 2 years. Excellent content! Keep up the good work Shay! 😊

[@TSnow-cf4rh]

Thanks!

[@GreenOrDieTrying]

0:50: 💼 The speaker shares personal stories of financial losses and the lessons learned from them in order to help new traders become profitable. 3:33: 💡 Having daily charts open is important to understand the bigger picture in stock trading. 6:55: 😬 The speaker learned a painful lesson about overconfidence and increasing share sizes in trading. 10:10: 💰 The video discusses how to calculate the maximum risk per trade and the maximum number of shares to take based on account size. 13:44: 📊 The video discusses the importance of planning trades and using technical analysis to determine key levels, profit targets, and risk areas. 17:11: 💼 Planning your trades before entering can lead to better performance, less emotional trading, and increased confidence. 20:37: 📉 The video discusses the risks of following stock market influencers and the potential for pump and dump schemes.

[@jetbecerra]

You are the BEST teacher... hands down!!!!!!!

[@DCmite1]

you hit every emotion that i am going through right now....was up 1200 bucks last week and went down 2k this week. Going to take all your pointers from this vid and apply them this coming week.

[@anthonyballog8026]

Position size is what makes a great trader. Instead of guessing the trend you should look at the point and figure chart. Three box breakouts historically sets the trend. Every great trader tests first and then scales in.

[@pipilchocolate8654]

#1 Anything can happen.... Any patterned identified that meets a criteria for entrance has a random outcome. This is the backbone of how to think when trading. This principle is the reason that emphasizes the importance of using stop losses, not taking on a trade that's way too big, not being convinced that you absolutely know how the trade is going to go, letting go of a bad trade, sticking to a plan and so on. Still I believe with out having ones ass kicked these things do not become real to a person unless these are learned from a good teacher early on.

[@harishanair4085]

Hi Shay, it’s my pleasure to be here. I am learning trading since last two years. Used two of the fake trading companies and lost money of 230k principle and 430k profit after earning in the system. I believe one discussion on the fake Trading companies too

[@BedelShafea]

I was just watching your "6 MUST Know Trading Rules for Day Trading Beginners" video when the notification popped in for this video. This video is about 2 years ago, Man, you have grown and developed as a person so much, even the bad jokes are getting better! In all honesty, though, thank you so much for sharing your experiences so that the newbies are not making the same mistakes. I just started full-time, and I must say its not as easy as I thought:)

[@mikehadler2758]

I just added anchored VWAP along with VWAP And it has been a real game changer for me.

[@Thinkpositive65]

This is awesome .. love your videos! So much value with so much humility. Thank you!

[@jcandnica]

I used Moving Average set to 50 and 200 then Partner with Williams %R to indicate oversold or overbought stock

[@FreeBD3000]

Love it, you are great and helping me very much !!! 😊 You put so much effort in all your montage !! Love your work !!

[@ericstinnett9182]

Great video thank you so much for the tips. Also taking time out to make the videos I’m learning a lot. Thanks.

[@laurenw3787]

Ive watched you for a yr now and i love your blunt honesty and your attempt at humor... I love your style.. you always grab my attntion.. thanks for the value

[@michaelhipp617]

Another great video. I've made 3 of those 4 mistakes in the past. I was never much for the chat room stuff. Great job as always. Thanks

[@jetbecerra]

THANK YOU for showing us HOW TO ADD the indicators - thank you for your Videos

[@optionout]

WOW, this lady gives seriously, great content in these free vids.

[@brians.4403]

HT, enjoy your videos. Good, solid info. Keep informing IT HELPS...

[@chicospaintingco]

Just signed up the journal and watchlist and risk calculator. Exactly what I've been looking for . Thanks for doing what you do.

[@KingLeeInvestments]

Signed up and tried finding the risk calculator. Got an email but nothing. Were you able to find it?

[@TimingInTime]

I am in the same situation... how can we get the Risk calculator?@@KingLeeInvestments

[@simpletrade4801]

Do you have VBA formulas in Excel? I really like how you use Excel to calculate and manage risk

[@Rhinozzzz]

Hi Shay, great video as always. So happy to see all of your success! The more you give, the more you receive. Keep up the great work!

[@HumbledTraderOfficial]

thanks for the support :) glad to help!

[@thetaoofty]

Thank you for another awesome video. I would love to see the Corolla, lol. If I may offer one suggestion, the bright lights in the background are too bright for the viewer. I understand they are necessary sometimes. Maybe turn them off or relocate them when you do that view. Congratulations on 1 million! You deserve it!

[@hansbier5198]

7:50 Greetings from Germany...yep know it .... got almost crasht my little sweet 4K Depot to 1K in 2 Month ...THAT HURT. Thanks for this wonderful good Video :-)

[@Bradenbrandshorts]

When I begin to make profits, I will take your class because you make it so clear

[@Arche2011]

What do you do to have the 1 day and the 5 minute on your sceen? In trading view?

[@ycyken]

trading to make money, enjoy life, stay humble is way to go. I am working hard towards that goal. and I totally agreed with keeping our position small to reduce mental stress.

[@newstoday8021]

I started following this video tutorial hoping to improve my trading strategy in the future Thank you mam HUMBLE TRADER

[@billbaker9477]

Subscribed long ago.....your always a brilliant Yet Humble, PLEASURE....TY

[@blucarrots381]

Hey Shae, the 5 Ema and 20 Ema are my other favorite indicator, and allways need my Vwap! ur awesome!

[@JuliaInMerica]

Thank you for sharing real tickers examples.

[@riib1408]

Do you have any Live trading links? Can’t you give any stock symbols in advance to focus tomorrow? Thank you

[@klydon12345]

Thank you. You are so CLEAR in your sharing.!!

[@starttofinishmediaco.2520]

AWESOME video! Tips with specific action steps and details. You know she knows what she's talking about!!

[@JEANFOALENG]

Good evening .Thank you so much for you tutorial. My bank chart doesn't have INDICATORS. I tried using also finvitz chart but could not figure out how to add or remove indicators

[@moesadr3342]

This video is fantastic! I really wish I had found your content sooner. I have a question about using IB_TWS: for VWAP and volume with moving averages, what periods would you recommend for 5-minute and daily charts? Should those periods be different? For instance, would VWAP settings of 10, 2, and 14, 2 work well? The same applies to volume. I’d appreciate your insights, as I didn’t quite grasp it from your screen. Also, anyone knows how to add automatic support and resistance levels to the charts in TWS? I'm looking for an indicator that can draw these lines automatically, but I haven’t found anything that works. Thank you!

[@sleepy_trading]

After my tragic lesson i make my trading simple, and learn it till i really understand. So i used RSI and EMA 200. Work well for me 4th years consistent profit. With scalping and intraday. If i want take long term trade position i used supply demand and order block.

[@humbledtrader169Gmail-ReachMe]

❤

[@miguel74565]

Every journey is unique! So you have to learn by practicing and losing money. But the most important thing is to learn from it, so you better have your spreadsheet where you can write down the lessons

[@mamunrashid3206]

Anchored VWAP, Regression Channels, support and resistance levels.

[@davidibiyemi1308]

Thank you very much Madam, for this enlightenment. You are wonderful and awesome Ma

[@Firengee]

I am just learning and running across you. You are awesome!! Thank You so much, you have explained things better than anyone I have run across, I understand so much more now.

[@johnvonsauers8867]

great video, great lesson, great Girl, and I smash the like , as always. thank you Shay❤👍

[@edwintan6753]

Thanks Shay, I love video like this and I learn heaps!! Look forward to learning more from you :)

[@njihiareuben]

AM FROM NAIROBI,KENYA .I fell in love with your channel after the Rex Interview.I have alot to learn from you

[@riverbig4279]

My first time watching your channel. I really enjoyed it thank you shay

[@nickk8416]

Great stuff Humbled Trader. You speak the gods truth. Discipline to avoid 'fear of missing out" is paramount too. Take your time and wait to make the smart play then protect your risk.

[@treetoplake]

Well just discovered your channel .. thanks you for posting with such a caring honest approach I really appreciate what I've seen so far.

[@joep6895]

Excellent video. This confirms my direction that I will be taking. I'm a fan.

[@raycast6277]

appreciate your honesty! No one is perfect in trading!

[@natdizzle4259]

I agree don't use too many indicators but I use vwap and Bollinger bands

[@RALLIR]

Thanks gramma trader!🤗 this is exactly what I was hoping for way to knock it outta the park

[@tanyagreen2053]

I like the way you teach can you do more videos on how to enter and place the trade

[@autolovers1]

Do you buy Options? and if you can explain what are does would be great 👍🙏

[@alifetomake]

I also use VWAP, + homemade indicators (shared on TV): "ChArt Path" (In place of the candles, with a gradient for the volumes), "Frema Trend", "AMI" (Absolute Momentum Intensity), "Buying/selling pressure cycle (PreCy)". So I've developped special strategies with them, which I encourage people to do too...

[@columbuscc]

Happy New Year. Enjoyed your video today, especially your example on NVDIA. I will focus on the Gap up or down tomorrow. Great concept. Something that helps me is using VWAP as a "stair step" instead of a straight line. This tells you when the price is moving up or down better than a straight line. I also use the RSI. I trade when if goes under 30 or over 70 and stays there for a while. This is as good as a Fibonacci. Thanks Ed

[@ktrain1100]

Hello Shay, thank you for the introduction of information as I am new to the Trading world, I appreciate it.

[@tenzinchime3538]

very insightful, real knowledge that actual help broke or loss making trader , thank u Mam

[@Spring-x9p]

Thank you for this great video! I have made lots of mistakes already.

[@john1919]

Hi great video once again. I remember you doing a topic on this max risk assessment. Would you ever suggest using options as trading instrument for only day trading. I find what works for me ,usually use options on the spy only and don’t bother looking for alternatives trades on individual stocks. I probably loose out on profits on individual stocks but it’s just my trading style.

[@susymay7831]

Shay, Do you ever rest stop orders in the market or on your machine? Or, are stops always just sitting in your mind? Please forgive me if you have already answered this. Thank you.

[@doodledum2119]

this perhaps is your best video.

[@yaniv_dayan]

Where is that risk calculator? I put my email why I don't see it?

[@maxkster]

I agreed, have to trade price action! But not have EMA on chart, I think, is a mistake, especially 200 ema on a daily chart, which can be a huge resistance or support. I'm not saying have to trade ema but calculate with it and have it on chart like other support and resistance lines. Thx for your video ❤

[@saeeduchiha5537]

How to do this risk analysis or trade plan before the day starts? I see you are using observations of a past intraday chart to help you plan that exact day which has passed already!!

[@terrisserose]

I am really thankful for your videos

[@KrishanKSR]

Really Humble Trader...Good Rule...Thanks...

[@mdeasy]

I Smashed the Like button!!

[@PANTTERA1959]

Wow Shea,I learned a good point about sizing shares to match risk management.

[@Martin-Zeller]

you are awesome!!! all these points are so good... thank you for sharing your insite and experience.

[@fabioferreira8391]

You are back!!!!! KKKK.... Good.. I imagine.not that someone told me I can make a lot of money, but rather that I can make a lot of money and I am making a lot of money!!! good to see you are back funny lady!!

[@reuben3454]

Thanks 🙏 Shay, for your great presentation. Very informative, educational and very helpful.

[@klydon12345]

Thank you. You are so clear in your sharing.

[@altalt408]

Compliment for this useful video, Shay. Alberto, Italy

[@mrvlogs6588]

Hi, can you make a video from picking which to trade and making trading plan to execution of your trading plan? Thank you. I would really appreciate it. I'm a newbie and afraid to start the real trading.

[@rojonesdesign]

I’m have questions. I want to try this but is there an alert to let me know that the ema has been crossed? You pointed to arrows in the middle of the line but wouldn’t we be looking at the end of the line waiting for an arrow? How do we know when it’s time to get out after buying? Is there an alert?

[@brianbuddendorf317]

Hi Humble Trader! Thank you for all of your work! Where can I find this risk calculator ?

[@Berghiker]

I made a spreadsheet like this about 7 years ago. It's very useful. I still use it today.

[@zonealgo]

I use the non-repainting Moneyball & Qline indicator in Tradingview on all my Prop accounts... simple clean set ups.

[@paulnyagini]

The true key of becoming a successful speculator is to find an advantage. make sure you can define it and apply it.

[@trendcatalysttraders8364]

Thank you, We cover mostly stocks and index's, always nice to see a different video ideas

[@swinister1543]

Hey Shay, Thanks for the video, do you happen to know how to enable VWAP indicator in CMC platform?

[@Kkhvh]

Thank you for sharing, Sensei.

[@CK-wx1nr]

Great content, thanks for sharing, you are the Oracle....

[@randysmith3171]

I like Charts, rsi, and obv My problem is when try to get a piece of a rise instead of looking for the perfect entry. Which gets me caught especially in pre and after hours when stop losses dont work. But im still learning still. Only been doing this a couple months with a micro account. But your information you give is very valuable to me learning this crazy mess. But do have a question. If get caught in a loser should you take your loss or hold till goes back up trying to recoupe your losses. Treating it as a long trade.

[@copywritersblock]

Hi Shay, how do I find out my risk per share? In your TSLA example u said $1 and in your small cap example you said 50cents. How do I determine this number? Is that actually the stop loss level determined by analysing the last support level? Appreciate the learnings! 🙏

[@yaoey]

Could you explain what exactly Price Action means? Is it the same as reading the logs?

[@davidevennou1551]

Very good video! Thank you Shay!

[@werejusdoinit6657]

Hey love your video! I downloaded the work sheet but it is missing the Account Capital box to enter the money I want to start with unless you are calling it something different?

[@myplaylist910]

thanks alot, the explanation about making a plan was really helpful

[@TheMilkman-k7p]

I read to enjoy being apart of the market. I’m not on there to make a ton of money. What I set goals to read to…say to pay off my credit card debt. I traded small and conservative and in time was able to pay it all off. In my opinion my trading is very valuable. When you think of it the money I made helped save all those high interest rates so the total return was fantastic. Have goals and have fun. Don’t get in to much leverage using margin. Hope you all make a ton and your dreams come true for you! 🎉

[@Timucinable]

Great video. Thank you Shay.

[@t0neknee86]

Blessings from Puebla, Mexico.