The 10-Minute Talk That EVERY Trader Needs to Hear

  Рет қаралды 1,095,639

Investors Underground

Investors Underground

Күн бұрын

Join Investors Underground www.investorsu...
Watch the full interview with Phil • A Love for the Markets...
👉 Follow IU on Social
Twitter / iutraders
Instagram / investorsunderground
Facebook / investorslive
👉 Broker of Choice investorsunderg...
Review important disclosure information before watching this video www.investorsun...
If you’d like to understand more momentum day trading strategies and trade with us LIVE in chat every day please visit www.investorsun...
More helpful links for aspiring day traders:
Follow Nate’s trading commentary for free on Twitter / investorslive
Day Trading Articles and Blog Posts www.investorsun...
Textbook Trading Beginner Trading Course www.investorsun...
Tandem Trader Advanced Trading Course www.investorsun...
Learn How to Become a Better Day Trader
In no way is day trading stocks easy. That said, as a beginner trader, you can learn from the mistakes of others and save a lot of money. At Investors Underground, we teach traders to refine their trading strategies and maximize their potential to make money in the stock market. While this is not a science, we rely on certain principles to add more structure to the seemingly chaotic markets.
Technical Analysis and Chart Reading
We utilize pattern recognition strategies to create high probability trading opportunities. By analyzing stock charts and market data, we can take the emotion out of day trading and increase our odds of making money in the markets. These concepts are discussed in-depth in our educational trading courses.

Пікірлер: 765
@investorsunderground
@investorsunderground 4 жыл бұрын
Free beginners trading guide: www.investorsunderground.com/beginners-day-trading-guide
@ilovetradin
@ilovetradin 3 жыл бұрын
I love it
@vinniemartin7429
@vinniemartin7429 3 жыл бұрын
Hola
@niicharway
@niicharway 3 жыл бұрын
Whats his name
@kunal_KB
@kunal_KB 4 жыл бұрын
1. Bet on winning set ups. 2. Don't play on Boredom Trades. 3.Never add to losing trade (it's going against you for a reason) 4.Take profits on winning trades. (Partial atleast) 5.Always trade with free and clear mind. 6.Dont revenge trade (when you feel obligated to make money) 7. Cut losses
@snasndasdnjkas
@snasndasdnjkas 4 жыл бұрын
8. Walk when presenting.
@adventurejay545
@adventurejay545 3 жыл бұрын
Thank you!
@JayStudda
@JayStudda 3 жыл бұрын
@@snasndasdnjkas keeps the brain moving.. I do it all the time on the phone specifically when negotiating 💡
@KingJT80
@KingJT80 3 жыл бұрын
9. add on to winners 10. profit factor rules everything in profitability. not win percentages
@sirt8684
@sirt8684 3 жыл бұрын
My own golden rule of the investing game.... Don't trust anyone in the investing game.. DYOR.
@zolbayar
@zolbayar Жыл бұрын
Basically, every trader who watched this kind of video knows these things. It's not about hearing or reading them. It's about letting them be ingrained into your mindset by repetition.
@youcefassou1592
@youcefassou1592 6 ай бұрын
You can't say to someone you are drunk as he doesn't think so , he has to experience the hangover to realise the action done. Sometimes only sometimes I think we are gamblers with different name called Traders😅
@zolbayar
@zolbayar 6 ай бұрын
@@youcefassou1592 Cool. But how's that related to my comment? 🤔😅
@KudosForYou
@KudosForYou 5 ай бұрын
@@zolbayar what he means is sometimes other than repetition, experiencing the pain / the consequences first hand, will ingrain those lessons in your mind also because of the trauma that you won't forget haha
@Maverick25ish
@Maverick25ish 3 ай бұрын
Yes, it can take 3 to 6 months for your brain to beleive something that didnt seem beleiveable at first, as in you can be told or shown something that you didnt think was possible, see it with your own eyes and think wow, now i beleive it, but seriously your brain hasnt accepted it yet
@codyjensen57
@codyjensen57 2 ай бұрын
real
@edward_adame
@edward_adame 4 жыл бұрын
Yes this mans a trader. He won’t stop moving
@ansonproduction95
@ansonproduction95 4 жыл бұрын
hahahha
@aHeoSuaXongDzoLu
@aHeoSuaXongDzoLu 4 жыл бұрын
lol
@hugodutoit3469
@hugodutoit3469 4 жыл бұрын
He moves around like a volatile market on a Monday
@lechuga777lechuga
@lechuga777lechuga 4 жыл бұрын
I wonder what his EMA on that stage is.....lol
@juddyville2487
@juddyville2487 4 жыл бұрын
😂😂😂😂
@juicebys
@juicebys 5 жыл бұрын
Awesome advice....I've learned this information the hard way losing a 5k account. Taken me 6 months later to start again using my own set ups and not watching guru's and chat rooms. Past 4 months I'm averaging 58.6% win rate. Learning curve has improved and continues...
@Energizer720
@Energizer720 5 жыл бұрын
Scotty S what is your strategy? Cause my dipbuys always trigger my stoploss before i make a huge win
@ethanrichards8434
@ethanrichards8434 5 жыл бұрын
@@Energizer720 buying the dip is a bad strategy and only works in major bull trends
@SSToor
@SSToor 5 жыл бұрын
@@Energizer720 what you expect to make 20% each time, trade for 2% each day with a 1% stopped, please don't but the bottom, buy someone thing that is going up
@Alexander-vu6fw
@Alexander-vu6fw 4 жыл бұрын
Steven ZJ this will solve your issue.... When your stop loss is triggered close A PORTION of your position... Example: Your long 100 shares...it hits your stop loss close 75-80 shares and leave the rest From here you will need to track how many trades ACTUALLY go for you when you believe the thoughts you just mentioned.. Maybe you find out that only 30% of your trades actually go into profit and 70% of your trades continues losing money and stopping it out was the best decision It's important to have proof ..not just feelings or it seems like... I went down that road ...then I started to track all THESE ideas and found many that I thought ...were actually false
@adityamittal123
@adityamittal123 4 жыл бұрын
@@Alexander-vu6fw Awesome,That is seriously a very good advice that I am going to implement.
@ewanliu2716
@ewanliu2716 5 жыл бұрын
His walking path is like a stock that is trading in ranges, you think its easy to predict but it's not. I tried to put bets on where he'd stop and reverse. I failed big time.
@Mithorium
@Mithorium 4 жыл бұрын
Should have opened an iron condor, as long as he ends up somewhere on the stage you win
@kub1353
@kub1353 4 жыл бұрын
Haha
@aboueid893
@aboueid893 4 жыл бұрын
Hahahhhhhhh
@potatochipappi
@potatochipappi 4 жыл бұрын
But once he crosses the mic...it's a buy signal
@alanv3185
@alanv3185 4 жыл бұрын
He bounces off the SMA and after he reaches the top he bounces back down off the top VWAP
@cortchase5591
@cortchase5591 3 жыл бұрын
Ya know, I've been trading for 5 months and have read books, watched countless videos, enrolled in training and they all teach the exact same thing. Everything he said is 100% correct. It seems so easy when you hear it. Follow rules. Never deviate, etc... Why can't I just follow the rules!? I am getting better. I am learning to judge my trading day not on profits but on how closely I followed my rules, no matter the outcome.
@khirshad
@khirshad 3 жыл бұрын
What u said is correct..
@Spvceman333
@Spvceman333 3 жыл бұрын
Gotta learn to not think like the usual retail trader or that’s how you get got every time. Need to be able to identify manipulation, order blocks, liquidity grabs, etc. I personally only trade metals, I know gold and silver chart like the back of my hand. Master a certain pair and it will be much easier. All you need is 100 pips a day.
@bencairns1517
@bencairns1517 2 жыл бұрын
How are you getting on with it now ?
@teezy1071
@teezy1071 2 жыл бұрын
how has it been bro
@kroanosm617
@kroanosm617 Жыл бұрын
@@teezy1071 He flipped the off switch after losing everything.
@johnnydub237
@johnnydub237 4 жыл бұрын
Literally the best trading information summarized in 10 minutes.
@MFXCenter786
@MFXCenter786 4 жыл бұрын
Very useful and very precise. Love this channel
@ank13031992
@ank13031992 5 жыл бұрын
Study your loss much more than technical analysis. Then ,Apply mathematical rule to money management for tackling loss. Key to success.
@One-zeroone
@One-zeroone 3 жыл бұрын
Can you elaborate more bro...
@backcountryexplorer552
@backcountryexplorer552 6 жыл бұрын
Thanks. Sounded like he was talking about me. Rules are a must.
@musandlovu2311
@musandlovu2311 6 жыл бұрын
Easier said than done
@juliannichita4812
@juliannichita4812 4 жыл бұрын
Mark Douglas goes into this/these issues in depth on Trading in the zone. Good advice overall
@castingnaysayers4611
@castingnaysayers4611 4 жыл бұрын
Lol what a coincidence..the book is on my hand at this very moment as im reading this comment..nice.. :)
@csselement
@csselement 4 жыл бұрын
Simple to learn; a lifetime to master
@seancullen99
@seancullen99 3 жыл бұрын
This is one of the most succinct and useful trading videos I've seen yet. To sumarize: 1. Only trade your max confident set-ups and be prepared to wait days/weeks for them (ie cut out the boredom trades). Because you're trading less, you can increase the size. 2. Cut losses fast 3. Scale out of your profitable trades in increments (I like to do this using chart levels and % gains) 4. Never revenge trade or trade if you are emotionally off kilter that day or seriously lacking sleep
@yueyangshang7210
@yueyangshang7210 4 жыл бұрын
I really needed to hear this after today. For the past 2 weeks, I’ve given myself new rules that strictly cut losses and I only entered a few, but good positions w big money behind them and saw way more success than my previous strategy. Of course I’m really stubborn when cutting loss and I know I can get emotional and lost a weeks worth of trading w 5 bad trades today and yesterday bc I refused to cut loss and put a stop loss on my positions bc I refused to believe I was going to be wrong after a successful streak. Following your rules is so hard to get right, it’s tough to develop discipline and maintain it. But I definitely see the upsides in it. We’re trading to become a better trader, not to just make money. Money just comes along with it. This talk was awesome, hit everything I needed and was looking to hear.
@af4396
@af4396 3 жыл бұрын
I did a similar thing, had one day that wiped out a week of trading. Sad thing is, I recovered 90% of my losses on that same day, but then went in to try to get green again. Shouldn't have done that...
@samithasooriya8733
@samithasooriya8733 Жыл бұрын
How is the progress now?
@yueyangshang7210
@yueyangshang7210 Жыл бұрын
@@samithasooriya8733 Lmaoo I completely forgot about this. I made six figures that summer but lost 90% of it that following September. Kept the rest in ETFs and long holds and quit day trading. Now I’m getting my professional degree in the medical field.
@Exzal123
@Exzal123 Жыл бұрын
@@yueyangshang7210 oh damn ahah
@yueyangshang7210
@yueyangshang7210 Жыл бұрын
@@Exzal123 i ended up going to nursing school if u were wondering how this day trader turned out LOL. Just gonna passively invest my money instead when I start my career
@freemind2025
@freemind2025 4 жыл бұрын
Down 100k? Wait what? 😓😳 shit I’m cutting my losses at 100 😅 then again way smaller cap. Love the emphasis on stop loss 🙏 thank God I’m constantly watching videos like these 💪🏼 strict discipline. NO BAGHOLDING.
@MCR123321
@MCR123321 5 жыл бұрын
Solid advice. Without rules we're just tossed with the waves of the charts, like a ship without an anchor or any sails.
@joeyd4364
@joeyd4364 Жыл бұрын
This speaker was very well prepared. Outstanding talk!
@veliem3935
@veliem3935 4 жыл бұрын
If I can offer my 2 cents, Never trade when you high or have a hangover NEVER.. Awesome video
@veliem3935
@veliem3935 4 жыл бұрын
@R F eish can't wait for that day where I can trade for a living ... But weed makes me see things that are not there so I just learned to smoke on weekends😂😂😂🤦🏾‍♀️
@masonwhiteley3463
@masonwhiteley3463 4 жыл бұрын
R F 95% be like
@bryantbett10
@bryantbett10 4 жыл бұрын
Exactly why casinos do offer free drinks, because you tend to be sloppy when high hence likely to gamble more and more
@blu6806
@blu6806 4 жыл бұрын
R F hey, what setups do you trade? im in high school rn, looking to start day trading stocks for a living, would greatly appreciate any help :)
@masonwhiteley3463
@masonwhiteley3463 4 жыл бұрын
Black Teddy don’t trade on TOS. That platform lost me a lot of dough
@corporateraider9766
@corporateraider9766 5 жыл бұрын
Trust me traders, if one loss is enough to blow up weeks or months of your wins then your risk management is shittier than Bixby
@VenkatRamakrishnan5
@VenkatRamakrishnan5 2 жыл бұрын
any idea to maintain risk management
@pavanKumar-nb6xk
@pavanKumar-nb6xk Жыл бұрын
Have a strict stop loss and once hit close the system , assess how much you can risk/ trade. Afford to risk only the capital which you can afford to lose. Plan only 1 percent risk per trade of your capital, set your position sizing based on this
@buyfromsavage_inhabitantx1971
@buyfromsavage_inhabitantx1971 4 жыл бұрын
i've started listening to this daily to remind me to stop trading like an idiot lol , my trades have been more successful since i saw this video thanks a lot
@hendrickjohnson323
@hendrickjohnson323 4 жыл бұрын
i havent found it easy trading on my own i think still need to increase my trading patience and disciple i can only hope for changes
@celinasharon4464
@celinasharon4464 4 жыл бұрын
how does a rookie like me figure all this out i saw this video as an add and decided to take a look i am glad i did pretty intrigued but have no knowledge about this
@iPlayiOS
@iPlayiOS 4 жыл бұрын
Love how quick he was to say “You’re wrongly shortly after 8:37 No reason to overthink a losing trade. Sometimes unpredictable things happen, but heavy majority of the time - it’s because you were wrong. Really liked this speaker’s pacing too. Lot of good info & reminders in a short 10 minutes!
@christsangaris
@christsangaris 2 жыл бұрын
Ive watch so many trading psychology videos and this guy has such clear words of wisdom in the shortest time
@rahulthukaram
@rahulthukaram 5 жыл бұрын
I feel sorry for the cameraman😥🤣
@mamor8292
@mamor8292 5 жыл бұрын
LOL LOL
@ChrisWill
@ChrisWill 5 жыл бұрын
As a camera operator I can say that yes, going back and forth isn't as easy as babysitting a locked shot. If I'm directing this kind of thing and the presenter won't stay still I would just tell the CamOp to frame head-to-toe because moving back and forth is distracting, when really, it's what they're saying that's important, less the picture. You think this is crazy but imagine shooting sports!
@Princeofpeace101
@Princeofpeace101 5 жыл бұрын
lol
@itsyounmesweetie
@itsyounmesweetie 5 жыл бұрын
Not as bad as ice skating, but yes it's annoying as a camera person, (as I have done, along with follow spot.) And offen the speaker thinks it's motivational to move so much but their nervous pacing is really just distracting!
@sheepleslayer586
@sheepleslayer586 5 жыл бұрын
This is what they get paid to do. I feel no sorrows lol being annoyed is part of the job.
@armaanchawdhary9427
@armaanchawdhary9427 5 жыл бұрын
You pretty summed up everything about trading in 10 mins. Good to remind oneself of how to keep emotions out, stick to rules and stay profitable.
@hritiksingh5701
@hritiksingh5701 2 жыл бұрын
he explain trading very well in 10 minutes...
@niro56
@niro56 6 жыл бұрын
You are right. My big losses were only because of me being stubborn, not any sudden market about-turn or any of that shit. Got to trade with a clear mind for sure.
@deepzvij
@deepzvij 6 жыл бұрын
i just needed to see this right now. Thanks.
@beldentheruschannel4545
@beldentheruschannel4545 3 жыл бұрын
As a person making a living entirely on sports trading i appreciate this...I been doing a challenge on my channel for some time and focusing on the basic principles i have realised that the most important factor is how we behave just after 1 loss
@sheepleslayer586
@sheepleslayer586 5 жыл бұрын
Keep in mind, he is talking about big movers and big accounts. Start small and practice w paper accounts.
@tefxstocks
@tefxstocks 3 жыл бұрын
Needed this, thank you . Everything you said was spot on. 100% very true and very straight. I have tendency to not stick to these very simple rules. Thank you again 🎯👌
@teezy1071
@teezy1071 2 жыл бұрын
how is it going bro
@devops2193
@devops2193 4 жыл бұрын
Great video but easier said than done. My first big loss was just over 10K, I said, that will never happen again. I had a 17K loss, I said that will never happen again. I had a over 20K loss, I said, that will never happen again. I had a over 50K loss, then I said, never again. The +50K loss was over 5 years ago, that was the one that made me stick to rules, I hope.
@shutupidiott
@shutupidiott 3 жыл бұрын
How much did you start with
@devops2193
@devops2193 3 жыл бұрын
@@shutupidiott 30K
@rome2593
@rome2593 2 жыл бұрын
I lost 3k and I’m about to lose my mind
@megatrend4353
@megatrend4353 29 күн бұрын
😂​@@rome2593
@sheepleslayer586
@sheepleslayer586 5 жыл бұрын
It's amazing how most of the info I am finding, I already know or had the mind set for.
@garryl4722
@garryl4722 5 жыл бұрын
I have been trading for 30 years and this guy is 100% on the money
@rigelway4305
@rigelway4305 2 жыл бұрын
@6:00 Priceless advice 🙏 You can always revisit, just stay in the money…
@etasick
@etasick 7 ай бұрын
great talk, the key to be good trader is to manage loses
@Luffytoro
@Luffytoro Жыл бұрын
I watch it every now n then, every time I learn new stuff from him!! Thank u
@chandraswaroop2061
@chandraswaroop2061 4 жыл бұрын
Bro The thing you told @ 10 mins "if you have a lack of sleep" exactly true for me. Overall till now I made around 190k but had lost around 100k during the days I feel tired and forced myself to that screen 🤧🤧.. GOOD SLEEP IS MUST
@MarkBurch
@MarkBurch 2 жыл бұрын
I think I’ll play this in the background when the market opens each morning.
@KpxUrz5745
@KpxUrz5745 3 ай бұрын
You can really see that this trader is the real thing. Mostly I invest, but have begun more focus on daytrading too. He says, and we have heard 100 times, the dire statistics that say 95% of daytraders are losers. I do agree with that abysmal conclusion. My own daytrading improved wildly into mostly profitable trades when I insisted upon cutting losses very very tightly. Because these large trades use margin, I simply refuse to harm the account by allowing leverage to work against me. The trader in this video gives us clear and accurate reminders of the important trading rules that we already know from experience. Good talk!
@sanjayprashad4695
@sanjayprashad4695 2 жыл бұрын
Trading can turn on a dime, superior fundamentals and technical action, and buying at the right time, are all part of the process to succeeding in the stock market
@timkatsapas
@timkatsapas 4 жыл бұрын
Damn, wish I watched this a few weeks ago. Would've saved myself a lot of heartache haha. But very very valid. Total truth as a new trader
@reynasharyan3513
@reynasharyan3513 4 жыл бұрын
1 3 1 6 3 3 3 7 5 8 9
@lifearchitectingwithryanse4725
@lifearchitectingwithryanse4725 6 жыл бұрын
This dude is the real deal. Great vid
@mattymaster99
@mattymaster99 6 жыл бұрын
if one trades takes out weeks or months of profit your risk management is very very wrong.
@LargeBanana
@LargeBanana 6 жыл бұрын
it depends on the type of trader.
@raystein84
@raystein84 5 жыл бұрын
Exactly.
@711-v3k
@711-v3k 5 жыл бұрын
wrong
@johnbrennan7175
@johnbrennan7175 5 жыл бұрын
Long term traders are investors, not an intraday trader
@marloncosta8479
@marloncosta8479 5 жыл бұрын
Its beyond risk management... it's about discipline, atitude...
@emilykristen4302
@emilykristen4302 5 жыл бұрын
T he trading market is constantly evolving with new features, trading opportunities, financial swing all around the corner. The best thing is to stay in shape , and try not to be caught on the wrong foot.
@billyhowe5200
@billyhowe5200 5 жыл бұрын
Trusting Mr Jacob with handling my investment was one of the best things I did for myself. You stand to monitor your investment and request payouts at any time...‬
@jensfraytag3204
@jensfraytag3204 5 жыл бұрын
Trusting Mr Jacob to handle my investment, is one of best things i did for my self. You stand to monitor your trades and can request payment at any time.
@suntsai4904
@suntsai4904 5 жыл бұрын
I find it really profitable trading under the mentorship of a pro trader like Jacob Henderson.
@chijiokedaniel8262
@chijiokedaniel8262 4 жыл бұрын
Mr Jacob, has and is still helping new and exciting traders to stand firm in the trading market. I feel so happy to be among the benefitors.
@chijiokedaniel8262
@chijiokedaniel8262 4 жыл бұрын
Talk to Jacob on what(s)app +(1) 917 983 ((0193)).
@JayPrada
@JayPrada 4 жыл бұрын
I was just needing a talk like this! Last day I lost my capital trading and I was needing motivation and a good speech to continue trading! I know this is the road, some days it´s gonna be hard, other days we´ll feel as we are gods, but the purpose is to keep going even we are tired or without motivation! Let´s goooo
@theprofithunter
@theprofithunter 4 жыл бұрын
consistency-discipline - patience is key or ye sab mere andar develop ho rha hai , kyuki mai apne mindset pr work kr rha hun trading se pehle se .
@theprofithunter
@theprofithunter 4 жыл бұрын
but the purpose is to keep going even we are tired or without motivation :) .... yes yes yes yehi bo 95% log nhi krpate hai or fail hote hai. (thats good point )
@lombardo141
@lombardo141 4 жыл бұрын
he lost me at "a small loss is $5000"...
@benbialas9339
@benbialas9339 4 жыл бұрын
@@VOILAA no he said it because $5000 to a real profitable trader is a small loss
@benbialas9339
@benbialas9339 4 жыл бұрын
@@VOILAA for example during covid crash I lost a small position of $2000
@MrAkosFintor
@MrAkosFintor 4 жыл бұрын
@@VOILAA Phil is a beast, some of his day trades north of $100k profit. He doesn't need attention.
@RedCandles_
@RedCandles_ 4 жыл бұрын
Bibonow he’s not selling anything but stock
@arnelarson2849
@arnelarson2849 4 жыл бұрын
Experienced traders who sincerely care about teaching, as opposed to boasting and showing off, will emphasize the percentage win and loss and not the dollar amount. Everyone has different account balances and risk tolerances. A $5,000 loss might be career ending for a small trader, and is pocket change for someone else. However, if they are training their followers to look at %, they will be more focused on the process, and not the money.
@andrewlawson2330
@andrewlawson2330 2 жыл бұрын
Been looking for something like this for a while. I want to know exactly what the veterans know and it was pretty succinctly summed up in this video
@MrMaveric84
@MrMaveric84 7 ай бұрын
One of the best and to the point trading videos I’ve seen
@ujwalgoyal6368
@ujwalgoyal6368 3 жыл бұрын
I backtested him at 2x...now I am ready if he gives another speech! I know his range now!
@keithshirley4318
@keithshirley4318 3 жыл бұрын
Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works
@anastasialaurell1934
@anastasialaurell1934 3 жыл бұрын
Having a stable investment package keeps you financially stable!
@philippadianethomas8436
@philippadianethomas8436 3 жыл бұрын
Awesome talk! I absolutely love the reality, simplicity and delivery of these truths! Thank you for sharing... Px
@Viishal_Unplugged
@Viishal_Unplugged 5 жыл бұрын
Simple yet powerful!
@nileshgada
@nileshgada 3 жыл бұрын
Excellent presentation !! worth watching daily before starting the Trading day !!
@brianrichards669
@brianrichards669 3 жыл бұрын
Good advice all round with the exception of using mental stops. Never use mental stops in trading.
@akshaysomkuwarakshaysomkuw4915
@akshaysomkuwarakshaysomkuw4915 4 жыл бұрын
I have planned to choose stock trading as my full time job. your advice and tips are experience based and I will keep that in my mind. Thank you. Gratitude!
@affaefd4093
@affaefd4093 8 ай бұрын
this video is such in a right timing for my needs, thanks a lot for this
@TheRightMedia
@TheRightMedia 5 жыл бұрын
Wow. 3 minutes in, and the most important message here is that you learn from your losses. You don't learn from your wins. There's a saying on Wall Street. "Don't confuse brains with a bull market". And it was Friedrich Nietzsche who said he never learned anything from those who showed him good will. He learned from those who showed him ill-will. It carves away dead wood the SAME way that losses serve to make a more ideal trading strategy. For beginning traders, THAT is why it's important to stick to a plan. If you stick to it and it doesn't pan out, then you can adjust it. If you DON'T stick to your plan and it fails, you have pretty much nothing to point to for the loss and it remains lost in vain.
@reynasharyan3513
@reynasharyan3513 4 жыл бұрын
+1 3 1 6 3 3 3 7 5 8 9
@FHIPrincePeter
@FHIPrincePeter 6 жыл бұрын
Very good presentation. Has he been looking over my shoulder recently ???
@stevefriedlander7053
@stevefriedlander7053 6 жыл бұрын
Excellent information and well stated. My only issue is how many of us traders can trade that size? He has much better staying power than most of us. I would like to hear a talk about smaller traders (under 2,000 shares) and how to manage risk.
@Gildwilson3
@Gildwilson3 2 жыл бұрын
Simple logic about trading All trades have good days and bad days but the real trader will lose small percentage on bad day and he gain multiple times more percentage in good day
@Ricardo_CV
@Ricardo_CV 3 ай бұрын
Thanks
@dustinbutzler1031
@dustinbutzler1031 2 жыл бұрын
Im going to listen to this every morning
@classicler8309
@classicler8309 3 жыл бұрын
I am extremely impatient with my losses. Just a little dip in the red and I'm out. When a stock is winning, I book partials on weakness and full-blown sell on what I think may be a reversal. It helps me big time because my patient winners outweigh my extremely tight losses in the end :D
@Alphahydro
@Alphahydro 3 жыл бұрын
Good, sound and straight to the point lessons
@donkeyface
@donkeyface 4 жыл бұрын
Brilliant. Mandatory. Brilliant. And Also Mandatory. Thank you.
@kturcios
@kturcios 3 жыл бұрын
Wow. Amazing principles. Thank you so much.
@EsoteriaHealing
@EsoteriaHealing 2 жыл бұрын
I thought I was the only one who was making these mistakes. It surely is a journey!! Just needed some encouragement after wiping out my past 6 months. I'm winning on paper but losing because of "unofficial" trades that I made. If only I could wait for my set ups. God.. why is it so difficult??
@des5166
@des5166 2 жыл бұрын
You’re not alone there
@ccc777z
@ccc777z 11 ай бұрын
John 3:16. God bless 🙏
@aaaaaaaaa470
@aaaaaaaaa470 3 жыл бұрын
Great video. Simple things that traders at all levels need to always keep in mind
@nateparker7340
@nateparker7340 Жыл бұрын
I needed to hear this...Great speech!!!
@kevinsayan190
@kevinsayan190 3 жыл бұрын
I am going to play it every morning before I start trading.
@jahirulislammba
@jahirulislammba 3 жыл бұрын
That was so helpful! It will be more helpful if we can get an update about the problems of the Stock Market. And James Asquith discusses the problems in his recent video.
@mike-duran
@mike-duran 4 жыл бұрын
Very awesome. That felt like a ted talk. Great watch !
@mynameis3983
@mynameis3983 3 жыл бұрын
True dat!
@RobertTradesOfficial
@RobertTradesOfficial 3 ай бұрын
Great talk, very spot on.
@secullenable
@secullenable 2 жыл бұрын
This is great advice
@jackscenic
@jackscenic 5 жыл бұрын
So important to cut loses quickly. R/R has to be determined
@runthomas
@runthomas 3 жыл бұрын
this guy speaks truth...very good
@DeltaScalper
@DeltaScalper 2 жыл бұрын
Easier said than done. Once your heart rate elevates, you forget to breathe , lose sense of time and get tunnel vision , no rules any longer apply and it's game over. Key is, preventing a mental situation that makes you brake the rules, and thay is very , very difficult.
@thekingofaffirmations1594
@thekingofaffirmations1594 3 жыл бұрын
To the 1% traders that sees this: You will become a MILLIONAIRE by trading!!! 💰💰💰
@michaelpaul5801
@michaelpaul5801 5 жыл бұрын
Great job, great info, well executed.
@Greisyhh
@Greisyhh 3 жыл бұрын
So you would sell once you have reached the loss you are willing to take ?
@BarkandRide
@BarkandRide 5 жыл бұрын
Those of us who have traded for more than 5 years are nodding at our screens when he says NEVER add to a losing trade. By all means fade into your maximum stake but NEVER EVER exceed it. After around 5 years every trader knows what to do, doing what you know though, well, that’s the holy grail for us traders.
@ericc2414
@ericc2414 5 ай бұрын
It's like his talking to me directly.. It makes alot of sense
@sihlenzonzi9925
@sihlenzonzi9925 2 жыл бұрын
This video could take a trader's trading from 40% profitable to 99.9% profitable.
@MFXCenter786
@MFXCenter786 4 жыл бұрын
Excellent video very informative and concise. Thanks a lot.
@mrmatias2618
@mrmatias2618 2 жыл бұрын
Very informative video. Greeting from Angola (Lobito) 🇦🇴
@TrueCarpenter
@TrueCarpenter 4 жыл бұрын
trading is simple if you can handle emotions. trade pre market gappers and movers with volume. set bracket order just above pre market pivots, or a little lower if youre feeling confident, set stop loss for what youre comfortable losing (in my case im ok with 100$ loss, after that it ruins my day). either stock breaks out and clears pivots and vwap and triggering order, raise to break even as soon as possible then follow bar by bar (my style)... or the stock triggers order and u lose 100$.. or the stock completely misses your bracket order, and thats fine too. Make sure u have a few stocks on your watchlist. Get quick at orders, share size, and ALWAYS TAKE YOUR STOP LOSS, dont move that thing down or up hoping that the market will answer your prayers, it never seems to work out. take it, move on to the next stock.
@ChitChatBFF
@ChitChatBFF 2 жыл бұрын
Would you ever buy a breakout that is below the premarket high on a gapper?
@alextube000
@alextube000 Жыл бұрын
What is this trader's name please? I would love to research about him. Top notch.
@Thenarayanaclips
@Thenarayanaclips 2 жыл бұрын
Awesome content. Thanks a lot for sharing with us.
@shanghaiffgg
@shanghaiffgg 3 жыл бұрын
this is a fantastic video
@miguelde
@miguelde 6 жыл бұрын
Wise words.
@marklasky3555
@marklasky3555 2 жыл бұрын
Thanks for getting to the points of successful trading!
@beartrayand384
@beartrayand384 4 жыл бұрын
And the truth will set you free..excellent. 😎
@pathofrisingacademy9858
@pathofrisingacademy9858 10 ай бұрын
thank you
@Slaincapitals
@Slaincapitals 2 жыл бұрын
Thank you too
@aweinfinitebliss
@aweinfinitebliss 6 жыл бұрын
Greatest trading video I've ever watched. Like changer.
@VndNvwYvvSvv
@VndNvwYvvSvv 4 жыл бұрын
Why? He just babbled.
@NoahHornberger
@NoahHornberger 5 жыл бұрын
you know you are on the right track when you can get out of a bad trade and still make a little money
@reynasharyan3513
@reynasharyan3513 4 жыл бұрын
1 3 1 6 3 3 3 7 5 8 9
@SG-pc4sv
@SG-pc4sv 2 жыл бұрын
Lol that's me
@abdilaahi_mahamuud
@abdilaahi_mahamuud 6 ай бұрын
Thanks man❤😊
@aniket04b
@aniket04b 2 жыл бұрын
Great talk ... Thanks a lot .... Just one pro tip on Public speaking, please do not move so much up and down during a talk
@prinsloolegoshe2404
@prinsloolegoshe2404 3 жыл бұрын
This guy is in complete control 🎯
@Alexandrastravel
@Alexandrastravel Жыл бұрын
thanks
Trading Psychology | Why Normal Doesn’t Make Money | Part 1
18:39
How To Trade With Discipline & Without Emotion
12:34
Financial Wisdom
Рет қаралды 288 М.
小天使和小丑太会演了!#小丑#天使#家庭#搞笑
00:25
家庭搞笑日记
Рет қаралды 46 МЛН
Миллионер | 1 - серия
34:31
Million Show
Рет қаралды 2,4 МЛН
She's very CREATIVE💡💦 #camping #survival #bushcraft #outdoors #lifehack
00:26
Кәсіпқой бокс | Жәнібек Әлімханұлы - Андрей Михайлович
48:57
6 Steps to Improving Your Trading Patience And Discipline
24:35
SMB Capital
Рет қаралды 293 М.
The Mindset of a Trader | Hicham Benjelloun | TEDxYouth@RAS
23:37
How to master trading psychology | Brett Steenbarger
59:21
Chat With Traders
Рет қаралды 839 М.
Trading Psychology - Dr David Paul
40:10
FinPort
Рет қаралды 3,5 МЛН
3 Common Psychological TRADING Mistakes
10:27
Sky View Trading
Рет қаралды 2,4 МЛН
ex Goldman Sachs Trader Tells Truth about Trading - Part 1
12:39
InstituteofTrading
Рет қаралды 5 МЛН
"I Got RICH When I Understood THIS" - Warren Buffett
10:28
FREENVESTING
Рет қаралды 4 МЛН
小天使和小丑太会演了!#小丑#天使#家庭#搞笑
00:25
家庭搞笑日记
Рет қаралды 46 МЛН