Strict Stop Loses Lose You Money...

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Platform Used: NinjaTrader
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DISCLAIMER I am not a financial advisor and anything that I say on this KZbin channel should not be seen as financial advice. I am only sharing my biased opinion based off of speculation and my personal experience. You should always understand that with investing there is always risk. You should always do your own research before making any investment.
#DayTrading #scalping #scalpingstrategy

[@RileyColeman]

📙Free Scalping Strategy Class on how to start becoming a profitable trader ➡️join.evolvedtraders.com/yts

[@DesMonDLee24]

Thats why a good entry is really important

[@jujulilbrown2344]

What site/app do you use for trading?

[@DIMILifts]

@@jujulilbrown2344metatrader

[@andrebogdanuk]

No. It's not important where you enter, it's important where you exit

[@tristan583]

Good l il finding the so called hood entries

[@DesMonDLee24]

@@andrebogdanuk I agree , a good entry and a good exit plan 👍 Don't be too greedy 😉

[@minnoxdnb]

perfect SL to get eaten up by liquidity grabs.

[@ltk7309]

then where would you place your SL? Veteran traders would not put a SL at all.

[@StefanReich]

@@ltk7309 You can increase the SL distance by 50% or 100%. Eats into your risk/reward ratio of course. How do veteran traders handle a trade that is going ever further into the wrong direction?

[@XenoTrades]

This is why you only put the SL at the top once liquidity has been grabbed first

[@psilocycho2761]

Yeh true and fuck knows what time frame hes on, is this 15, 30, 4hour? Fkn daily? Long time for fuck all or alot in about 1 hour if thats 5 min.. such an open ended video. I mean, nice trade but shit video

[@Zer0CraftGaming]

​@ltk7309 bingo

[@lThellRockl]

"Stop hunts isn't a joke. Millions of lives lost every year" - Dwight Shrute.

[@Chitranjbarman]

That's what she said!

[@user-ul1ku1ds9d]

What software are you using to trade

[@tronbright468]

Thank you because a lot of people do a lot of talking but don’t show examples as well as you do

[@Oiuyfsetjbk52389]

No, I always wait for the double top to play out. If it goes above resistance it’s a long. So it’s better to be patient

[@weitheceo]

Great teaching. I had 2 TSLA calls got stopped out with small loss, later one small win recovered the loss. But I got stopped out all the time. SPY Calls today also stopped out

[@MaxLofi7]

Yes, something ppl will always learn the hard way. But very useful video

[@TheCyberCore]

As a scalper, I would have closed manually either on the first strong green bar or at latest on the second large green candle with a second one in a row... Or lets say like this: I would not have opened the trade in the first place because of the large green candle - I would rather wait on the sidelines for any structural confirmation (up or down).

[@toddcournoyer5759]

My fav strategy....profit taking is the catalyst...the more the % up since the open, the more room for a pullback,down leg, dip,fade, etc etc lol

[@bellonamars2541]

Another way to approach the trade is to take the stop out when the trade goes against you. Then re-enter the trade once you see it pushing down past your original entry point.

[@ltk7309]

take the stop out? Take stop loss out?? Huh? Do you mean close the trade?

[@ngwazi5229]

​@@ltk7309i share your confusion. 😂

[@bellonamars2541]

My reply is confusing. Take a loss on your first trade due to your order's stop being hit. Then, reenter another trade that is more to your liking.

[@ngwazi5229]

@bellonamars2541 this keeps the losses small too👍

[@ltk7309]

@@bellonamars2541 Ahh thanks for the clarification!

[@soarq86]

He enters on a lower high or higher low with a strong candle pattern from S/R. It's basically a failed attempt to make a new high or low. Some other good traders use the same pattern, it's called "Rubber man" by Navin Prithyani AFAIK. More conservative alternative is you wait for structure shift and enter on a pullback. Nothing else is needed really, no indicator overbought or divergence or whatever.

[@neualgo_systems]

We use the Qline+Moneyball Indicator Combo in our Firm... on all our Prop accounts

[@pierhaps]

I love financial astrology 😍

[@RJay121]

No. Do not hold. JUST get back in later

[@xabierrodriguez2903]

I agree. To much risk. You can always get back in under the range

[@famm130]

Thanks

[@JackTheSnowleopard]

Exactly. Limit losses and if it reaches peak and shows resistance just buy again there

[@ericsiqueira1]

No right or wrong here, context matters a lot and individual preferences too. But I do prefer get in back later myself

[@barrychatman]

What your saying is heighten the stop lost set your profit and let the market do the work.

[@darryltinkle2311]

Keep teaching this my man!!! Your helping us out more than you know😉

[@user-hl1gm1rw3q]

I did the same thing! Held on 😬 and made a good profit on the next dip.

[@Leonifabio]

This is simple! Price action and formation of Pivot.

[@QCTMotivation]

that's after cpi, that usually happens 15-30 mins after cpi

[@movahedsediqi]

this is 100% true, it happned to me a lot, tight sl make you lose the wining trade

[@PhilC]

Untested strategies make you lose. I talk about PE daily.

[@adrianom6548]

You should be getting out at that Green RRT, then re entering when they paint the double top. More times than not they will hit your stops before continuing, you can get out near break even risk free, then renter.

[@allthingsreesiereese2294]

Not on a margin account, you risk PDT penalty and the price to get back in is higher, RR

[@memo1975]

Really simple but really valuable. Well done.

[@halimghazouani5335]

What's the name a platform are you using ???

[@Thar_Lover-bo3oo]

Which app you use please 😢😢

[@HeirTklass-cc3lb]

Help needed am a beginner I need a good teacher❤❤❤❤❤❤❤❤

[@mikejoslin-sp1iw]

thanks for your help good job

[@everdeeper6816]

This was wonderful yo watch. So I don’t have a platform to do traditional trading practices on my mobile device. I use binary options and constantly get burned.

[@noah-ip8fy]

Nice vids rlly appreciate

[@Mr.Infumus]

This is the kind of stuff that made me subscribe

[@Luca_IX]

Solid advice for any beginners

[@neotradeneokanobi7913]

Riley, thanks I always had questions when to enter when the market has a crazy move up or down. It seems from this video that the best time to enter it seems that is when price is reversing after some consolidation. Thanks!

[@FOREX817]

That's why the power of SNR with rejection and consolidation for extra confluence also confidence.

[@AreaBoy01]

Thanks man. I've lost a dew battles without proper stop loss

[@MseeF]

I tried stoploss and found it not to be my thing; I just often found me thinking that the markets were hunting for it, to what I had to say sayonara and I'm glad I did: The moral of the story is to do your due diligence in finding what works for you and be happy.

[@jehoramisrael7374]

Great information

[@toddcournoyer5759]

New daily high is your stop. Not bad. Lol

[@mcfattyydk]

What are platform are u using

[@hamzazaidan620]

What trading platform do you use

[@lootboynova5683]

is this a put options trade?

[@albi2955]

How do you know if the trend wont continiue since its kind of bullish structure, if you zoom out whats the box you marked where does the consolidation come from before

[@johnmoney7626]

How about using order flow to enter at the pinnacle. Not only will that allow you to have a way tighter stop but you can also put on bigger size with the stop being closer. ORDER FLOW! It changed the game for me.

[@yasirsh008]

I did it exactly like that... Went on short... But market went reverse... I've literally came back from -60% to -2% in a day ... I was adjusting stop loss accordingly... Now I am still in - but i hope soon I'll be getting profits.

[@ericolsen67vw]

Gotta wait it out baby 🎉🎉🎉😂

[@inxtg8or587]

So howd you know it was gonna drop though?

[@AssumenothingTurdbrain]

Ok, is that.a smart concept indicator for stop loss? Also, I'm in search of a TP/SL indicator that's useful. Haven't seen much so far. Do they let us make one for T.V?

[@calyx_Fx]

Amazing gem 😍💎 What do you use for recording yourself?

[@ikWatUDid]

What are u trading here broski futures or options? I assume futures ? But jw

[@juniorsinaise3340]

This exactly what happened to me yesterday

[@Ajay47Gaming]

How is he making when the candlestick pattern was going downwards ?? I’m new to this stuff please explain

[@natecat7211]

what platform is this?

[@anyfoolcanknow]

Shit entry but it does work. Sell where others are selling.

[@kenmiguel2986]

I would have waited for a break of structure. I could see the gap. So lucky it did break structure and filled the gap

[@cbuffalo5727]

So you got in close to the top and profited as it went down? Why is the stop loss way up there, is the chart inverted?

[@COREC1]

terrible entry price . go for lower high with the stop next time take partial profits on support

[@TheOutdoorsMan806]

Wait so when your trading Dow is good or does it depend on what website your trading on

[@NicholasDavis-bo5un]

Thank you for the useful video, I’m new to the world of cryptocurrency, the video helped me understand some things, I’m looking forward to more videos from you. Thank you!

[@jonathansummerville9408]

Never ever ever NEVER put your stop at the exact high or low. Go a few pips or points beyond it, especially in forex and futures. I specifically look for dum dums to scalp those liquidity grabs.

[@superpoop22]

is this for buying puts?

[@mzreesiereese1442]

Break & Retest Strategy.... SL at the previous LH

[@espnn8753]

I would have have also spotted the double top and get in when the neck gets broken. Would been a bit of a late entry though

[@gladyskimani1613]

I'd rather enter late rather than entry without all the confluences ticked .

[@health2100]

ME TOO!

[@WyldCTV]

Can you explain to me why your profits go up when the bar is dropping? I thought profits were up when the green bar went up

[@RMBXNG]

I always keep tight stops, a good entry is the main thing to look for. You definitely could’ve entered earlier. If i have a bad entry and my SL gets hit i always look for a re-entry but NOT chasing the trade.

[@hiralpatel6388]

I would have entered the sell trade straight after 1st green candle followed by 1st red... And would have seen stochastic rsi is oversold or not... This is how I plan reversal trades in supply and demand zones....

[@jameskalu7437]

What do you trade

[@makincash3337]

At time frame is this?

[@lathithalanga784]

The time frame??

[@derekjustin09]

I would’ve added on after that. Double top perfect double top shape.

[@LovetheWordslearn]

But for options though.....

[@ice-jp6le]

Sorry silly question wich trade is that sell stop or buy stop ✋️

[@Sterben-9029]

Hi, newbie to trading here, I have a question. Why is he gaining money when the price is going down?

[@DS-mr7gr]

Maybe waiting for the lower high (2nd high if you will) would’ve been a better entry?

[@vizzeus]

Which platform is that and which market?? Im really interested

[@DeanCyber]

What time frame do you use when you trade?

[@picklespene4567]

What platform are you using?

[@fazed7474]

What broker do you use?

[@saya23445]

What is a good broker for scalping?

[@thotth5889]

Question, what are you trading? Do you use tics or actual money?

[@johnwolf5169]

This is true. All you need is High amount of Capital

[@Salman_D._Rayan]

No. For that kind of profit yes... but i think he bought 1 lot. on a 0.01 lot it would've been 4$ profit but you actually enter with like 10$? on a 0.01 lot, depending on the leverage used with your broker.

[@johnfeelstheway9234]

What are you using to see that graph?

[@infraredxray]

scalping by definition is risking more than your reward, this isnt a scalp

[@aNDREy-hg3tq]

I dont know anything about traiding. This just apearred on my feed. But may i ask how he gain money when the stock goes down?

[@alizaflicks9600]

Which app and site you are using? Someone tell me

[@afuckingturtle1489]

I get using a stop loss for a short but why do ppl use stop losses when buying low selling high? Why not just wait for the market to eventually rise again (considering good stocks usually do)

[@sankhabratabagchi8871]

on which platform and chart are you trading , anyone knows ?

[@AlexCejasMMA]

Whats the time frame for this graph we’re looking at

[@Te1iz]

What futures do you normally trade?

[@jefryarocha87]

How much time you gave?

[@redpiller1099]

What platform is that?

[@zaven1997]

In reality price would spike the high, trigger your SL then dump leaving you with anger and rage. Liquidity is exactly there where he had his SL.

[@edwinnel1474]

What broker you use?

[@saintrendevuproductions]

Better than me.. I pull out once I see I’m losing $5, then I enter the trade going toward the opposite way to make my $5 back plus extra 😂

[@callofdutyspidermanwarfare5593]

Which trading platform is this

[@Maryann-hk4mr]

Oh my gosh, this type of trading can go so against you big time. I have watched a $2 stock just keep going up to 50....and then 60, and then $100.... Be very careful, you can lose everything if you get stuck.

[@Backfromthestorm]

That's why you use stoplosses

[@kizzamate]

Can someone tell me why when the stock is going down that he's earning money? I always see this but I don't get it?!!

[@Whowannabeu]

He is short selling. He needs the stock to go down to make money.

[@TARANS012]

What platform you use ?

[@K1M01]

How much invested ?

[@michaelpeters2506]

I can't figure out how to put a stop loss buy when shorting mes I had to just buy it manually. I can't find any info how to simply put the stop up on think or swim. You have any videos how to?

[@Bro_just_let_me_have_a_name]

I wanna trade for a lil extra money but im confused why is the candles that go up losing you money but the ones going up losing money

[@tylerb1201]

Algos know where the most obvious stop are placed, so you have to move the stop higher or trade without a stop