Trade Like a Casino for Consistent Profits by Adam Khoo

[@tysde]

This 17 minutes video has literally changed my trading life. Can not appreciate this man enough.

[@ROTMGdarkorbit]

hows your trading account 10 months later

[@critiquememockme2053]

It's a year later... Can You be so kind to let me know how your trading is going now?

[@cc-tb3st]

I guess you did so good you went on vacation to a place with no technology and don't get KZbin alerts. Congratulations.

[@Abbasgann]

I think u died cuz u didnt reply on the comments 😞 RIP 😭

[@coolmonkey5269]

he become mellionare now 🙄

[@wildfoodietours]

What a GREAT explanation! Being both a gambler and an investor, what you said makes perfect sense. Both are all about the edge and if you're able to find and exploit that edge, you'll come out a winner. The keys to investing which can be applied to gambling: 1)Look for a minimum 2 to 1 profit loss ratio 2)Set a stop loss 3)Set a profit target 4)Rinse and repeat without being greedy 5)Remind yourself to ONLY play when you have the edge

[@hydarkhoumassi8205]

This can also be a lesson in life; taking asymmetric opportunities that have higher upside than downside.

[@achrafmrah6090]

how far you go with gambling ?

[@ccapital_t]

Define "The Edge" you keep referring to.

[@vegas1854]

This gentleman is blessed with the gift of being able to teach succinctly. I love his style. Very informative and efficient teaching style.

[@shantanumarathe5]

DJ Euphoria He is very energetic and enthusiastic. ✌🏻

[@chonghongyi5935]

@hasitha wijesinghe Chinese pride from all around world

[@gtamywaydevdiary431]

Exactly what I was thinking too! It's like I understood the first time, without confusion and this has just opened up my mind to possibilities. I studied this for several years (several years ago), and never really understood any of it.

[@j.burgess4459]

@@shantanumarathe5 Agreed. I've seen the (important) concept of 2:1 profit versus risk explained elsewhere - but very few people do it with the clarity and panache of this guy! His casino analogy is a good one. Success isn't really about any individual trade on any individual day, it's about having the discipline too apply a consistent system where the odds are set up in our favour over time. Far from being like gambling, it is being like the house - just as he says.

[@willisgaines6882]

Chong Hong Yi let’s toast to that, corona 🍺 for everyone

[@judefernando1698]

Almost every traders understands this, but we need someone like you to remind us this. Very well presented!! Thanks.

[@WalterNeumann550]

This is the best teacher of trading I have come across on the internet so far.

[@TheFartKing88]

Walter Neumann can you help me to know what app or apps to use for investing in the stock market...I'm starting from scratch and wanting to buy small first

[@inderjitsingh7740]

@@TheFartKing88 bro if you are starting from scratch I recommend you to start with paper money instead of real money. And take some courses or read books.

[@MilesLambos-ef1nt]

Check The Trading Channel . . . he's one of the best

[@AugustineMarkaugustinemarx]

@@sanctumsomega hows his training?

[@James-ys4rl]

check HumbleTrader

[@jbsiddall]

I love this guy. First trader teaching the math without constantly gloating about how much he made this morning. Thanks!!

[@lucastshibambu202]

Strictly about the content... all his videos I haven't seen an expensive watch, cars, houses or even a fancy office space to prove you can make it

[@vrl23]

haha "without constantly gloating about how much he made this morning."

[@lifeafterkings6315]

@@lucastshibambu202 true 👍

[@omaral-salem1993]

In 17 minutes I’ve learned more from you than reading on the internet for a week.

[@bohollivingph]

Omar Al-Salem agree

[@rajthanya]

really???..plssss..trading and casino are two different world..if u see the way he said..U ARE IN TROUBLE..

[@millia5111]

@@rajthanya You clearly don't trade or didn't understand the video. Trading at the end of the day is a game of PROBABILITIES. He gave a perfect example of using casino rules in your trading. If you have been trading for long enough you would understand this.

[@Garycarlyle]

Stop loss doesnt work very well because the marlet can gap down below it.

[@priscillastyless]

Hey guys! Does anybody know, when he analyses the stock market trend graph, what time frame is he using, like is he looking at the trend of one day,? One month? Or the year?

[@engrbilalahmedawan1315]

Just look at the level of ENERGY in this guy .... what a teacher ..

[@highfiveentertainment298]

For anyone wondering this is the secret, sadly it takes a while for the brain to comprehend what is being said, and how to apply it. Took me four years, this video changed my life, the key is to find a system that works through back testing repeatedly and account management. Now I can finally make double my account trading only twice a week

[@teekatas]

People just said I should make 1:2, but rarely explain WHY or where did that ratio came from. Your video make me finally understand, in very clear explanation. Thank you very much!!!

[@rejuvenatingsoul3498]

This guy is straight forward to the point. Does not bullshit unnecessary things.

[@JohnSnow-gi7iv]

This is the best video about trading on the internet. Totally changed my approach towards trading and finally understood what trading actually is. Thank you Adam Khoo for sharing this knowledge.

[@Arnaudmaa]

Is t profitable after 1 year?

[@pythagoreantripple9220]

Is it profitable now? Answer please...

[@su-wy3nz]

January 2 2020, I found the teacher I love the most. I heard of Forex and stock trading in 2019 but could not find anyone to clearly explain to me what it was so I brushed it off until I came across one of your videos. I am 21 and I will update soon and let you know about the African girl you just helped turn into a millionaire. Please keep on teaching, these videos are the most informative videos ever. Thank you.

[@vileshrakshith94]

Dude could u please update what happened to u rn??? Are u millionaire??

[@jaytalazac7424]

Took this guy's courses. He's legit. Very reasonable and calculated results. That profit simulation and position size calculator are amazing

[@dooleyh158]

After this video I can no longer walk into a casino haha. I prefer day trading in the stock market - better odds. This is the best explanation about profit-loss in trading and I have watched so many paid videos already. Amazing how he gives it away for free.

[@josebaztan77]

Dooley.. go to the casino with a strategy, a plan, a set win loss stop, play the bets that pay 35:1, enjoy the money 💰

[@marzipug5439]

@@josebaztan77 They only pay 35:1 because they win so infrequently that you will still lose. The house always wins.

[@rtt4014]

All politics aside I've learnt to always pay attention to an Asian man talking numbers, this video backs my claim 100% . God bless you Adam Khoo

[@ashtonmendonca1233]

The accuracy of emotions about losing big and winning less is mind blowing. Thought i was the only one.

[@fleetenemaboy]

lul

[@neemapaxima6116]

It's the downfall of all rookie traders, I made this mistake many times in the past, it is in our nature to be hopeful but in the game of trading it does not work.

[@KiloBravo90]

The trick is doing the exact opposite. Hold on to winning trades and close losing trades early.

[@lucianionutcocos4413]

Made f.cking 30k in 2 months.lost 12k in one bad decision. When emotions came you have lost it

[@ytlover1420]

@Lician lonut Cocos Can you share any channel or book to learn how to trade ?

[@BipolarBearMusic]

This is easy to learn, hard to apply. But in the end, he's right...

[@luboremenar1667]

because of the lack of long term discipline (that separates good trades from bad). And long term I dont mean months, but years.

[@simasjanusas1766]

Add trailing stop, to ride your profits while staying protected.

[@50kT]

Come back when you've done some trades and invested some significant amounts and you'll quickly learn why it gets hard. Theres a million reasons why its hard.

[@alfredhitchcock45]

He's right in theory

[@johnlove7026]

Discipline is key. Stick to your initial bias. You can't keep on adjusting that stop loss. Cut without mercy. Don't fear missing out on the upswing. You don't want to end up with wishful thinking. Plan your trade, trade your plan.

[@josephespiritu6515]

Most people are visual base. I love it that he explains it visibly and very easy to understand. One word that does stick out to me light a light bulb is, "DUH".

[@IgorBelayev]

I see a lot "DUH" moments in your future 😂

[@christythomas8290]

this guy is crazy cool. he is basically explaining dollar cost averaging. but in a new way. i understand this mor than the old way is taught.

[@Shembot0555]

Setting a strategy and avoid getting greedy and emotional are keys to success! Thank you Adam! 💯👌🏼

[@phasetoo1]

Facts!!!!

[@MrExcelExpert2]

In my opinion, the way I win money (20-24%) over time in stocks, tracking 4-5 stocks closely over a period of time. And only focus on those. Have a mix from different segment, One Oil (BP, Shell or Dig Company like Nabors), One Historical Blue (Walmart), One Tech (Apple, Fitbit, Google), One High Risk (Falling Star like Ford, GE), One Health (Walgreen, J&J). One Weekly Stock (This will be a news stock which changes from week to week or have upcoming earnings with some edge as Adam explained in video) All stocks have somewhat cyclical pattern, seasonal pattern, falling pattern, upward pattern; you can then play strategy week after week. Stick to selected stocks for 3 months at least. Hope it works out for you guys. I am not endorsing this strategy but it works for me and wanted to share for educational purpose. The moral is though, as Adam explained Stocks can be great instrument to make money, given that you do not get greedy or emotional (stop loss) and study your basis.

[@smacpost3]

Thanks Shaun. I like the idea of getting to know a particular stock. Having one from each of the major sectors is a good idea also. No harm in having them on a watchlist to monitor. You're right about the emotions also, i think that's the number one killer of trading accounts; emotions (mainly fear and greed). Good luck man.

[@richardedwardson3681]

Every stock or currency pair has its “personality” - Anonymous

[@GeoGuy388]

Oil stocks are shit these days. Go for water instead.

[@NormCantoral]

yes. totally agree. also, just putting my two cents... what discourages the instant gratification crowd is that some stocks have patterns that you only see when looking at long time spans. look at stocks like LEN or AT&T or even Chevron. these stocks might reach resistance this year then next year fall to a support level. years of waiting, lol.

[@forfool8135]

I learned how casinos make money finally these guy is good

[@edwarddijkstra1185]

Trade Like a Casino for Consistent Profits by Adam Khoo

[@FINEFELINE333]

Every trader should watch this video.

[@faartereliye3436]

This information is pure gold. Do this with stocks like Tesla, Amazon, Apple, google, shopify, and facebook. If you get the buy sell cycle right, you can make crazy money. Keep an eye on the volume, if the volume thats being traded starts to erode from the day before, stock will probably start sliding down.

[@reyo3114]

Sir you're being unselfish. Thanks for the Idea. Just please keep it up. Don't mind those negative and bad comments. You're inspiring people.

[@alphacentauri2134]

Adam, I've nothing but profound respect for you! Your vibrant energy and passion for trading can wake the dead!

[@martac65]

Sir, you're a truly gifted teacher. Your expressiveness and your lucid explanations will no doubt come to mind and serve as guidance on more than one occasion.

[@digitalbread4574]

The most challenging part about this is identifying consistent patterns to make trades. Casinos create the statistical edge, traders have to find the statistical edge.

[@andrecog]

CaliCoin Digital no, you create one just like them. Find a pattern, use it to your advantage. That’s an edge brotha

[@swingtradingwithcycles4255]

That is an excellent point. This is important math to understand and apply but it does need to be paired with a trading strategy that has an edge and that’s something everyone needs to work to develop on their own in accordance with their personality. In my opinion you need both of those things working in tandem to have the best long term success. I focus on identifying a swing low on one time frame and then adding to my position if/when there is follow through that creates a new swing low in a higher time frame. This process should keep repeating until the stock is making new highs on all time frames or I get stopped out by my trailing stop. Same process for compelling short opportunities using a swing high instead of swing low.

[@greginguam]

You have to backtest like you’re training for the trading Olympics. Then you HAVE to let the probabilities play out once you’ve identified your edge.

[@agnimitrabasu3460]

This is mind blowing, almost makes me think that I've been so stupid all this time. Thanks Adam. Very valuable lesson 👍👍

[@oozey262]

Everything you're saying is clear like a crystal to the point that I wanna travel all the way to just shake your hands out of gratitude.

[@izzyrov5814]

Mr. Khoo is the most knowledgeable about trading on YT and he can explain exceptionally well, I can listen to him all day.

[@jaserogers997]

This is the best trading video I've ever seen, to date, including all the shit I've watched on Fib retracements, candlestick analysis and EMA crossover studies. This 16:53 mins is pure gold. Thank you, Adam.

[@channeloftheworld2864]

The Legend Never Die!!! It's 2020 and i still watch this video more and more!!

[@bernardadjei]

This is the BEST explanation to trading i have ever come across

[@ssoundar4808]

Every investor who wants to be successful in stock trading must see this video. Wonderful presentation, thanks a lot Adam!!!

[@lucastshibambu202]

Adam... you killed this presentation bro. You just made me understand something I been struggling to comprehend

[@DarkKnight_2324]

And that is one of the biggest secrets to becoming a successful trader. Having an edge with proper risk management.

[@djkiki9064]

I never hear someone say "Statistically" as fast as this guy here. Will give a like.

[@tradingbeacon6469]

10/10 would watch again to hear him say "statistically"

[@Q_QQ_Q]

asian always wins

[@shawndurbs]

Wow. Everything I’ve read and watched over the last few weeks has gone over my head. This video just made a lot of stuff make sense. Your voice is loud, assertive and crystal clear. Your method for explanation is 👍👍👍. What a fantastic teacher. Much thanks.

[@behzadbehzadi1975]

Without any doubt, one of the best ever trading related videos.Thank you Adam!

[@kaosaelee8832]

ahh.. Stop loss is the key to a successful trader. I need to implement this. I knew it was an important aspect in my trades but as a novice (a good portion of us) I tend to not follow principals and instead I let emotions take control of my trade. Apple and Tesla had a huge pullback after the split, I held onto my options instead of bailing. Could of save half of my option investment but I let my loss ride in hopes it will turn up (green), well I ended up losing the max. Thank you Adam for this refresher, you explained it in a way that made easy sense mathematically and made trading fun again. I'm a natural gambler, but tired of being the player!!!!

[@granntosif7263]

One of the Best Lecture on Trading so far... it really improved my understanding about market

[@yahyaelalami5876]

i never watched 17 minutes of video on youtube in intire life great energy great human being love you man

[@bullforcetrading9995]

Reminds me a lot of Mark Douglas's Trading in the Zone. It simple boils down to identify your edge, determine your risk and take the trade and repeat.

[@ytlover1420]

Where can I find his strategy ?

[@boshengcao]

This has to be the most exciting 16 mins I have spent on a single KZbin video in a while

[@rogersanchez5542]

Investing now

[@clmafi4820]

Bosheng Cao duhhhh lol

[@bboy-kv6pd]

😆

[@zikem1006]

Bosheng Cao what broker or app you guys use for investment. Thanks

[@MisterDemonx7]

@@zikem1006 use traderways bro best broker for real im on over 2 years now

[@youtubemaximizer]

10:53 best.. professional trader studies and improves everyday 15:05...this is good nd real..very positive

[@norbertzatkuliak2663]

This was the most surprising video i have ever seen. Honestly, I entered because of the Title and i just wanted to see where you are wrong. But you were not wrong. Simple, educating, funny. Well done.

[@JiLong2002]

I think this is the most critical mindset for traders to possessed while surfing in stock, futures, forex, crypto market. thanks Adam, it's really the game changer knowledge for trader

[@LiLPAnCOoKie]

Best content you can get in under 20 minutes and it’s free!

[@claudineipereira7216]

I wish I had seen this video 3 years ago when I started trade. Very knowledge condensed in few minutes. Thanks for sharing Mr. Adam Khoo. I learned this knowledge in a different way. By studying Kelly's formula and applying it to a large number of randomly trades in Excel. The end result don't lie: Profit. In my opinion: Professional trade = edge + money management. No Edge = No play. With Edge, play small to survive a series of losses. It's gonna happened. It's statistical. Even with your edge work fine. Always use stop loss and accept it as part of the game. In the end, your Edge will recover of your losses and give you a nice profit.

[@tomyang5991]

HI Claudinei, what is Kelly;s formula?

[@claudineipereira7216]

tom yang please follow this link www.investopedia.com/articles/trading/04/091504.asp

[@tomyang5991]

Thank you!

[@sebastinejohn9439]

I don't get it, why would people hate this video? This is one of the best videos I have watched in money management.

[@unggoytrader]

In the last month or so I've been watching you tube videos of maybe 4 or 5 traders to try to explain trading in the stock market, most of them helped me as I'm a complete beginner. Most of them were very motivational. But this guy explained it in this video in such a way that it now makes sense to me. For me as a complete beginner this is I think my light bulb moment when it comes to trading in the stock market. The journey continues and I hope the destination would be sweet. Thank you sir and I wish everyone to be as profitable as a casino. 🙂🙂🙂🤪🤪🤪🤘🤘🤘

[@naturalmystique1237]

Interesting explanation. "Being a trader is better than owning a casino" You got me. Subscribed

[@fleetenemaboy]

lul

[@adrianscreaming]

I've done this even before wathing AND understand what stop loss is, but after i watch your video now i understand what i must do. Thank you

[@terrycastle8163]

Finally, information on a complex subject that can be easily digested by the average person

[@Hakunawins2]

Isn't this the best forex video we've got?

[@abusiddiqy635]

Very true and the best book is undoubtedly trading in the zone by mark Douglas

[@AbdulWahid-fi7vs]

I didn't start trading yet. But the same idea i had in my mind . Now i think i should go for it.

[@jamescampbell7283]

Update? How’s the trading going?

[@VimKanzo]

I just stumbled on your channel and I must say you're a great teacher. I've never seen anyone explain things this well in a while.

[@manavmukherjee9654]

It's a very good video. Great explanation. But there is a catch. Spot price moving $1 up or $1 down is 50:50 chance, right. But Spot price moving $1 down and $2 up is not 50:50 probabilty.

[@elliotradescrypto6004]

Wow....nice video am looking for reliable and confident trading manager to invest with

[@adimasturd]

This man is doing god's work , God bless brother

[@sarsipc5132]

To summarize the video: RISK MANAGEMENT! Should apply in every trading plan before entering a position. Thank me later.

[@ed-on1pj]

if you dont have time to watch a 17 minute video, you might as well not be a trader at all

[@seanflorida5957]

Thank you Adam. Just found your VDO after 1 years in blood bast US stock market. I am finding the way that ultimately I wil return back to Thailand and trade US stock market fulltime from my ricefield.

[@SaiTama-kf7lw]

The best trader teacher ever

[@avinashsingh7248]

give this man an award

[@DopeWithoutDope]

This is some of the realest talk I ever heard

[@coolasschrisc.a.c9400]

Yo real shit

[@sportspolitics539]

You are very knowledgeable on trading. I just joined E-trade as a beginner. I'm not buying any stock yet. Just reading and watching videos to gain knowledge before buying. Your video enlightened me a lot.

[@albertchan7]

This is one of the best videos on stock investing. So many easy to understanding lessons.

[@shantanumarathe5]

Hi, I am from India. The video was amazing. Keep posting such videos so that retail traders like us could benefit. Great work !!

[@kevtherev8194]

Because the Stop Loss is closer, lose is more than 50%! The price will hit the near stop loss More Often than the distant Take Profit. So, all the stats were wrong in this video. However, the general idea is correct. And, Adams presentation is excellent.

[@harisaslam573]

if you place a stop loss on the correct place then it will not happen, place it below support or above the resistance level.

[@MadisonMainedetecting]

If you use technical analyst correctly like he explained in the video your chances of hitting the stop loss more often are decreased.

[@paulsharkey6673]

These are made up stats. Also, win every day. I used to give seminars on trading. I turned $15,000 in $2,980,000 in 7 years. These stats are just made up. The principle is correct, but the numbers are fantasy land. I was teaching this in 1987.

[@ЗагляниВНУТРЬ-к3п]

Paul Sharkey So what do you suggest?

[@vittogol]

Yes Paul pleas just suggest us what to read

[@RaveSharrma]

market is smarter actually...it will hit your stop loss and move up...you have to keep that in mind as well

[@SAMCEEWORLD]

Simple and clear...will I say that stumbling upon this video is just a good luck..?

[@barronfielder4574]

Hello Adam, Recently I got into the youtube financial niche, and I’ve taken a deep dive into investing, particularly in fx, stocks, and ETFs as they interest me. Tried several methods trying to figure out the best approach to building my portfolio. So far, I’m making progress with the help of my technical trade analyst. I’ve been able to compound a substantial amount in profits from my trades. Back to the video, wonderful job there, always look forward to your next content.

[@vaughnprecision]

This is the best explanation I’ve seen, thank you.!

[@MauriBrix]

Yes good, i using a strategy grid called "hedgestrategy1". It works good from many Years. It's a different approach, but with math component.

[@S33.L33]

The prob with this math is... when u blindly invest, the numbers may be like this. But if you read it wrong, it is 100% failure. You will never put your money in when you think you are wrong. You only put it in when you think you are right. It is those times that when you lose your ass completely.

[@whidartejoel3875]

You must read this fabulous french book "Les points faibles de la Roulette " Whidarte J.

[@opmagic1616]

This is probably my favorite video on KZbin.

[@savannahspeer3247]

You just earned yourself a subscriber, Sir.

[@abodexblode2347]

Savannah Speer me too

[@Motadawil]

WOOOOOOOOOOW

[@Jason_Justdoit]

Amen to that

[@swapnilp5823]

Me too

[@athlete6225]

Such a professional I’m 15 and he makes complex topic super easy(by the way I’m am not really smart so if I can understand ....

[@uncletee8628]

Thanks Adam, you touched an angle that I've been grappling with and made it simply clear. I trade forex.

[@rossdelport]

wow. I have watched this video countless times and it still blows my mind. Thank you for making this Mr Khoo

[@smacpost3]

Agreed, and thank you for this perspective. The trickiest part is sticking to the game plan in the heat of battle. This is what i am currently working on in my trading, how to think statistically and your casino analogy helps. Also the way you said "...it's just luck" revealed a lot to me, regarding how one must view each trade. Thank you for that insight.

[@itslike123]

Your lesson is very clear and very knowledgeable. However the math for 1to2 ratio is 33% win rate. Price have to travel twice the distance to hit your take profit against one time to get to your stop loss. 1/3 equal 33%. However any ratio you choose 1 to 1 or 1 to 2 as long that you stick to it and don't keep changing it will eventually be 50/50 chance statistically speaking. What will make us profit is the edge we have against the market and the experience predicting which direction it will go that will add to our 50% chance

[@ytlover1420]

Can you recommend any materials or channel to learn deeply in technical analysis ?

[@venkataramanujam116]

Your videos are very much informative and motivational to survive in market in long run . God bless you ..

[@panashemugari3770]

Lol now i clearly understand the statement " don't be greedy " . i use to aim for more than 70% win rate. now i know that with a 48% win rate i can still profit because as explained by the 2:1 win to loss ratio. This has put me on another level as a begginer

[@etaylor38]

Just about anything you invest in that has a high risk is gambling. It's not Casino gambling in which you roll the dice and hope and pray. Trading have a lot of variables that go into each trade before you take the trade. Most people think of trading with a gambling mindset, this is why most traders Lose consistently. Hope this help.

[@lucaswestford4540]

but trading is gambling with a strategy, people complain they do not make money off gambling it is because they do not know the right way to go about it , i do.

[@ytlover1420]

What strategy do you make ?

[@Metz9031]

that is like the best explanation one could ever get on how to trade like a pro SOOO good and it all makes sense. TY for providing this info for free! :D

[@IgorBelayev]

So, 2 months later, how you doing friend after doing 200 trades?

[@dontreadmyprofilepicture5535]

Igor Belayev how you doing?

[@whidartejoel3875]

You must read this fabulous french book "Les points faibles de la Roulette " Whidarte J.

[@zino7417]

Don't Read My Profile Picture Its been a month.. how are you doing?

[@heavycurrent7462]

@@zino7417 How about you? How are you doing? For me I finally settled on a very descriptive trading plan, and the only loses I got from it (which were few) came from emotions.

[@djss822]

When you aim for a 2 to 1 risk-reward ratio, you need the market to move by twice as much in your favour before you can take the gain. The chance of that is not 50-50 as a bigger move is required on the upside. Even if you enter near the support, the chance of a double win may be less than 50%.

[@andrecog]

dj but the fact that price is in uptrend tips the scales back in your favor, stepson. See if the market we’re currently in range, what you say would be somewhat true. It would be less likely for for price to move in your direction, by more than twice the other direction. But like my mans Khoo mentioned, price being in uptrend and buying whenever it reaches its low creates an advantage in your favor, it being more likely that price will indeed move up. The trend is your friend.

[@ccrespo80]

That's what I thought.. Even the explanation of the trend... You need the price to move twice as much y would say it reduces your chances to reach your target to 25% and the other 75%.... It's like saying you want a 10 to 1 ratio and you have the same odds... Of course not.. The greater the ratio the less chances you have. So obviously is not going to be 60%... Even on an uptrend... Otherwise there will be millions every where😂

[@sleasy01]

From what he's saying and from otherKZbin videos I've watched I'm pretty sure he's talking percentages. Doubling your moneyin the stock market would be insane

[@歹丸郎里奇]

Cesar Crespo it’s about setting up tight lost and wider gain take. The movement both way will be large enough, but you commit lose much quickly to avoid losing big chunk at early stage. This allows you to be wrong many times.

[@GumbyTheGreen1]

Exactly dj. A random 2:1 trade would win 33% of the time. Buying at support in an uptrend *might* help that figure, but most support levels and trends are too weak and short-lived to give you an edge. The key is learning how to find the strongest ones and putting in enough time to find them. Then you also have to learn where to place your entries, stops, and targets and when to move them. And don't forget about spreads, commissions, and overnight gaps that can jump over your stop.

[@keshavmaheshwari7129]

I couldn't find anything more valuable than this today in internet....thank you so much for all the information you gave in this following video

[@qasemalbarazi5451]

man, man, your psychology just blew me away. thanks.

[@DarrylBoo]

The Ultimate Algorithm for Trading/Gambling

[@billionairevid]

how do you know the probability of it going up or down?

[@o.t.s]

In gambling no one win but the Casino ..whatever you did..there is no strategy that can help .. but in trading you can find many effective strategies that may increase your opportunity to win ..

[@ytlover1420]

Which strategy / indicator is best ?

[@norafguriye9611]

to be honest! he is the best trader i have ever seen. the way he explains is miraculous

[@markyen9626]

This video needs to be a mandatory part in gambling addict counselling... Degenerate gambler always end up ignoring the statistics because emotions end up getting over them.. Degenerate gamblers don't keep spreadsheets of their wins & losses so they is no way of analysing their bets. Furthermore they don't know what position sizing and consistent money management means.. All this is derived from risk/reward ratio

[@markyen9626]

Poker and other chance related games all have similar concepts.. Combination of game theory, psychology, statistic probability and luck

[@jeffreyhua2]

MARK YEN hey mark, are you still an active trader

[@numinous4789]

Gambling addiction is a DSM-5 recognized mental disorder. Just like you can be addicted to substances (caffeine, alcohol, meth, heroin, oxycontin, etc.), you can also be addicted to processes and behaviors (shopping, plastic surgery, eating, gambling, etc.). The research base in this area is substantial. As someone in the mental health field, I find it offensive that you refer to the "degenerate gambler"; many gamblers aren't degenerates at all; they have a diagnosable mental disorder; they're sick, quite literally. Would you call someone with cancer a degenerate based on being a cancer patient?

[@mvp6780]

@@numinous4789 most people are addicted to Television, but will never admit it. Think about your TV watching and you'll probably see that you're on autopilot. Get home...Turn on TV. Dinner...Sit in from of TV. Friends over...Turn on TV. 6PM...Time to watch the bnews. It's too quiet...Let TV play in the background. Almost bed time... lemme watch a little TV. Etc. The worst part is that the networks know this...So they throw in commercials to plant ideas and hypnosis.

[@BB-xm6hy]

This is the best video i've seen on stock market advice so far thank you!

[@suhailvlogs77]

I have done this all strategy 10/9 times works in my sides 60 40 %formula and stoploss

[@ytlover1420]

Are you using price action ? What indicators are you using ?

[@Rationalific]

Fantastic ideas! You are helping a lot of people out there! I already knew about the technical analysis aspect, but putting the profit target twice as high as the stop loss was something new for me. The farther the target is, the harder it will be for the price to get there, but in a stock that has had a regular pattern, repetition is more likely than random chance. Using those strategies, I really think that it is possible to have an edge. I appreciate you helping us out!

[@gabrielwamba3864]

Thank you for your generosity. this is the first time I see a lesson so rich that is free

[@neilcargill1555]

this video has helped to ensure I have a 1:2 or more ratio and put in my stop loss. he makes so much sense

[@mountcamtravelandhiking]

U mean a good technique nd logic...will help u be profitable consistently in share market...