My 5 Best Trading Tips

Markus Heitkoetter of Rockwell Trading Reviews his 5 Best Trading Tips!
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[@leejoy3665]

THANKS A LOT for sharing this and other super videos! Happy 2018 and wish you and all earn more and more money. Cheers!

[@rockwelltradingservices]

Thanks lee joy!

[@rockwelltradingservices]

Thanks, Lee! I really appreciate the feedback. Crush it in 2018! :-)

[@leejoy3665]

Markus Heitkoetter I think you must earn money in the bullish market. Haha

[@rockwelltradingservices]

Actually, I don't care about the direction of the market. When trading, you can play the market either way. That's what I love about trading! :-)

[@leejoy3665]

Markus Heitkoetter yes, you are right. Although I am a newbie now, I find dealing with the market is challenging but also feel happy when winning the deals. I wish I can be you~to be the investment expert like buy/sell options, stocks, program trading and many more more knowledge to absorb and use it well. This is my goal now.

[@saverite1700]

Thank you Markus for being my trading coach. These 5 steps sound simple enough but it actually took me a year to figure myself out with your help.

[@rockwelltradingservices]

Thanks for the feedback! I'm glad it helps :-)

[@billyoung3748]

First time to listen to Markus, worth my time. Thanks Markus for taking time to help.

[@rockwelltradingservices]

Hi Bill. Thanks for watching. And thanks for your feedback. Much appreciated. "See you" in the next video 👍

[@manuelangelosarausad6653]

Thank you Markus.

[@rockwelltradingservices]

You are welcome! Thank you for watching! ;)

[@ralphdonmarque]

Thanks Markus /

[@thaimailpost1108]

Great tips, thx

[@rockwelltradingservices]

I am glad that this helps.

[@avid3028]

Hi About tip no 1 if i have 3000 TD in my stock account But i bought apple whit 1000TD Shell i put the stoploos 20 dollars under the the prise i bought it ? or 60 dollars under the price i bought it ?

[@manuatxurra0819]

Thank you

[@rockwelltradingservices]

Thank you for watching!

[@carlhitchcock5447]

Great tips. How do you set up a trade where you get 2:1? I trade options.

[@rockwelltradingservices]

You can check this out mytradingroutine.com. Based on the indicators and strategy, we're always looking at a target that is 2 times the risk. This can be for stocks OR options.

[@jbssankalpjbs]

Dear Markus, Really loved your book Simple strategy , but i have a question. If one has 1000 dollars and can risk 2% on a trade, then it means 20 dollars max risk. Now, if the 10% of ADR for any Stock or Futures is more than 20 dollars, then how do we trade that. The stop-loss is decided by 10%ADR and not our account size. Please help me understand where im wrong conceptually. If we reduce the stoploss then it'll get hit all the time!

[@rockwelltradingservices]

Hi Sankalp! Thank you for your feedback about our Simple Strategy ebook. May I please ask if you are planning to trade stocks? If you want to day trade stocks, the minimum capital requirement is $25,000. This is not our recommendation but an industry regulation. When day trading futures with our methods, we suggest a trading capital between $5,000- $10,000. However, if your risk capital is limited, Binary Options might be a good fit. We feel that $2,000 is a good starting point. We have dozens of great videos available on futures (and other topics in our Rockwell Club. It's okay if you want to spend time LEARNING to trade before funding your account. www.rockwelltrading.com/products/rockwell-trading-club/ Hope I was able to answer your question. :)

[@jbssankalpjbs]

Dear Markus, Thank you for replying to me, im really happy to receive your reply. Well, im planning to trade stocks intraday because of this REASON: I want to do position sizing for various stocks for which quantities will vary depending upon the stock price. So with stocks , changing quantities would be very easy, however on the other hand if i trade futures, position sizing would be difficult because minimum would be 1 lot consisting of many shares. Also, PLEASE SUGGEST your recommended capital if i want to trade stocks in terms of percentage. I also dont want to put more than 2% risk on any one trade, so if i want to do 10 trades with your Simple strategy im risking 20% total on a day. In my Country (INDIA), we get leverage of x5 on intraday stocks. So please suggest your leverage recommendation as well. Thank you again for taking out time to reply to me.

[@deelakaukwatta2641]

THANKS A LOT

[@rockwelltradingservices]

You are welcome! :)

[@dipankarghosh4412]

Great

[@seihakong]

This video so true and made my self so shy

[@rockwelltradingservices]

Thank you for watching! :)

[@nigelfletcher9231]

Hi Marcus,theres that old saying,"Why is there so much MONTH left at the end of the MONEY".I know guys that when they receive there pay its all gone in the first week,on large mortgages,overheads like utilities,phone,food etc.Waiting pay check to pay check is like tip toeing through life to death..Being at the mercy of a boss is a horrible way to live,unless you have a decent boss/owner.

[@100foldreturn1]

Let me get this straight. If as you say about the "golden rule" of taking 1:2 profits wouldn't that be waiting for your trade to have a 100% return? Not sure how long that would take. Please explain. Thanks!

[@rockwelltradingservices]

Hi Ron! If you want to know more about this rule just go to mytradingroutine.com :).

[@docclupper7315]

very simple sample! share more! :)

[@rockwelltradingservices]

If you want to learn more go to mytradingroutine.com

[@stevenbeer2350]

What simulators do you recommend? Thanks

[@rockwelltradingservices]

Hi Steven! I made a video about the Best Stock Trading Simulator. Watch it kzbin.info/www/bejne/i4jVmoqVaq10itU

[@stevenbeer2350]

Excellent. Thanks for response.

[@rockwelltradingservices]

You are welcome! 😊

[@ArifsMirza]

Where can I find the simulator? Pls guide

[@rockwelltradingservices]

HI Arif, I made a video in which I explain it in detail. Take a look: kzbin.info/www/bejne/anObYoGjgNt0hac Does this help?

[@roberthumpries3666]

How and which simulatorr do I get

[@rockwelltradingservices]

It doesn't matter what platform you're using. I personally like ThinkOrSwim.

[@erickfuentes7276]

Hey Marcus this video sounds more for a day trader selling and buying, not for holding your shares for a year. Can you link me the video for the simulators.

[@rockwelltradingservices]

You can check this video kzbin.info/www/bejne/anObYoGjgNt0hac

[@PandorasBox2]

first one got me when i were superb newbie, 3 still get to me time to time well mind is tricky thing :P only have to keep this rules in mind over and over till it become ironclad i guess

[@rockwelltradingservices]

I am glad that you are applying these rules. It takes time and practice.

[@PandorasBox2]

@@rockwelltradingservices yup thank you for your Help ^_^

[@rockwelltradingservices]

You are welcome! :)

[@PandorasBox2]

@@rockwelltradingservices thank you not yet will be like you eventually ^_^

[@jimhayes75]

Good. Good. Good

[@rockwelltradingservices]

Good, good, good. :P

[@billyoung3748]

What about the 38% tax on short term gains????

[@rockwelltradingservices]

Hi Bill, take a look at THIS video that I did on trading and taxes: kzbin.info/www/bejne/opKwpYhpgKutias. Does this help?