2 Reasons Why You're NOT Making Money as a Day Trader

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  • Опубліковано 16 кві 2023

КОМЕНТАРІ • 614

  • @NicholasBall130
    @NicholasBall130 12 днів тому +798

    Nice video as always but here is my problem I have been making losses trying to make profit in trading. I thought trading demo account is just like trading the real market... can anyone help me out or at least advise me on what to do?

    • @cowell621
      @cowell621 12 днів тому +5

      You're not doing anything wrong, you just don't have the required skillset to profit off a down market, folks that are making profit in this market are pros and experts with in-depth knowledge and skillset.

    • @StacieBMui
      @StacieBMui 12 днів тому +3

      As a beginner who don't understand how trading really works and you really want to make profit from it. I will advise you to first start working with an expert

    • @StocksWolf752
      @StocksWolf752 12 днів тому +1

      Could you recommend your advisor? I'll be happy to use some help.

    • @StacieBMui
      @StacieBMui 12 днів тому +1

      Sharon Lee Peoples is the licensed advisor I use. Just search the name. You’d find necessary details to work with to set up an appointment.

    • @VictorBiggerstaff
      @VictorBiggerstaff 3 дні тому

      I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.

  • @darthtrader7605
    @darthtrader7605 Рік тому +1378

    The biggest myth in trading is you have to be some sort of perfect person with perfect emotions. Nah. Mastering yourself is enhancing your qualities and improving your flaws. But you have to lean on your strength always. Even if some may consider your strength a flaw in personality. Hard to explain.

    • @theylikegreg1347
      @theylikegreg1347 Рік тому +1

      Facts

    • @GrgAProduction
      @GrgAProduction Рік тому +23

      Who ever said that? 😂 that is a bullshit victim mindset statement.. no serious trader has ever said that.
      Every single one of them tells you they leave loads on the table and clearly make mistakes basically every single day 😂

    • @marioStortuga
      @marioStortuga Рік тому +14

      Trade when your mad at your significant other see what happens. If your not right in the head that day even with all your rules data . There is a massive chance you will fk up.

    • @motimizer
      @motimizer Рік тому +1

      ​@@GrgAProduction many UA-cam channels feed that information to people who don't trade or just began trading

    • @sidd1995
      @sidd1995 Рік тому

      More than working on your strength, it's about working on your flaws, learn from mistakes and not repeat them..

  • @alexfrazier6948
    @alexfrazier6948 10 місяців тому +277

    Damn. You just straight told me about my damn self. 😂

  • @bikeboi821
    @bikeboi821 Рік тому +260

    Sooooo true. I traded out of desperation because I needed quick money. Bad mistake. It takes time, discipline, strategy. It will mess you up if you are not prepared.

    • @fregger74
      @fregger74 10 місяців тому

      No you lost money because day trading so just gambling with extra steps. Dont get sucked into this cult of idiots...

    • @bedirsayar8443
      @bedirsayar8443 10 місяців тому +10

      True. But U also have to Go through that process.. to understand what will Happen

    • @poloska9471
      @poloska9471 9 місяців тому +6

      One thing is for certain, it is NOT quick money haha... oh if I had a nickle for every account blown due to this desire I would be a quadrillionaire

    • @JonnyBetz
      @JonnyBetz 8 місяців тому

      ​@@bedirsayar8443yup

    • @jettbaker7690
      @jettbaker7690 6 місяців тому

      @@bedirsayar8443 So true.

  • @YoungMoneyInvestments
    @YoungMoneyInvestments Рік тому +100

    The biggest trigger I have about teaching traders is that they SAY they want to trade and yet their actions, process, procedures don’t corroborate them wanting to really be a trader.

    • @Luciddreaming365
      @Luciddreaming365 Рік тому +1

      Please teach me trading I have a massive passion for trading, seeing your comment makes me agree that most people won't actually do it properly, almost all my waking hours are about investing and daytrading. Please teach me

    • @StereotypicalShea
      @StereotypicalShea Рік тому

      Disciplined and Consistent Quality learning, save the quantity for Quantitative Analysis and the Law of Large Numbers.

    • @Jeremy-sr4gv
      @Jeremy-sr4gv 11 місяців тому +1

      @@Luciddreaming365
      Understand time… how time affects the market and why

    • @principleprofittrader
      @principleprofittrader 10 місяців тому

      I will teach you for a month for FREE. @@Luciddreaming365

    • @Condoctuc
      @Condoctuc 6 місяців тому

      All these day traders get keeping and acting like they know anything about a market losing their bank accounts, while some kid holding crypto makes 10x their net worth in 1 day 😂😂😂, cringe

  • @PurvisTwiggs
    @PurvisTwiggs 10 місяців тому +124

    Glad to see your video on my feed. I used watch a few other UA-camrs, bought courses and trading tools.. and followed trades of a couple of em I'm down so much so I stopped watching altogether…210k to 80k. It got addictive. My resolve is the lot are amateurs.

    • @irenatrulove
      @irenatrulove 10 місяців тому +2

      Before you make an investment decision, consult fiducial advisers, taking advice verbatim from youtube is like going to the intern to take lessons passed on from professionals.

    • @PurvisTwiggs
      @PurvisTwiggs 10 місяців тому

      how can one get such an adviser?

    • @irenatrulove
      @irenatrulove 10 місяців тому +2

      You can find them online, make sure theyre registered, have a fduciary responsibility with no disclosures, I work with LOREN LENA WALKER. Some work with commissions, either way negotiate like your life depended on it

    • @PurvisTwiggs
      @PurvisTwiggs 10 місяців тому

      hello irenatrulove can I get a phone-no to this advsor you use? What are the fees like? And what is the risk/reward with working with one. I had short positions and got margin calls over 30k when the market began to pump on both accounts

    • @irenatrulove
      @irenatrulove 10 місяців тому +2

      Purvis, If you care for supervision do your own research. what does it look like leaving a number in comments? It will be unsolicited to do that on someone else’s channel. I have made a killing and drawn over 350 thousand in the past 7 months.

  • @lamontgarrison4814
    @lamontgarrison4814 Рік тому +12

    So true I’m learning how to control my emotions and that my mental stops must go before my physical stops

  • @ninezerotwo1778
    @ninezerotwo1778 6 місяців тому +14

    The biggest thing I learned early is that (if the trade isn't going my way) I panic when I don't know what I'm doing. I don't do well with uncertainty. So, every trade I make has to have a detailed plan. Stay disciplined; fight temptation to jump into things that look good at first glance.

  • @iam_pt
    @iam_pt Рік тому +12

    You got a subscriber. I have been trading for 3 years and I lost a lot of money, time and finally stumbled upon a setup that works for me. Knowing your own personality is very important and picking a setup or making one based on that is the perfect blend. Well said brother.

    • @zedek7777
      @zedek7777 Рік тому

      Let me help you

    • @dankvader5946
      @dankvader5946 Рік тому

      Is there any sort of community or fourm I can join?

    • @turtlecat3507
      @turtlecat3507 Рік тому

      Brother i will tell you now incase you are just beginning, that only 1% of day traders make money in the long run, do not think you will be the exception, the amount of AI and algorithms within stocks and shares brings it to an effective economic equilibrium making it borderline impossible to actually 'win money', if something works, everyone does it making it no longer profitable.
      Take your money and put it into an index fund like VTI, VOO, VXUS, VT which are all really good ETFS, if you want a slightly more risky one when youre younger to get a higher yield (not playing with your retirement money as an old man), something like VUG is good
      (this was a copy paste i made so ik ur noit in the beginning)

    • @raphaeldeguzman7417
      @raphaeldeguzman7417 10 місяців тому +1

      Idk but i guess that's why having stoploss is important. So it filters out trades that are against your system?
      I think rather than the system fking up your entire capital, it is more about the trader having a risk management system that prevents you from losing too much when your "trading system" gets caught in the algorithm... And earning enough to cover one or two losses + profit when your "trading system" evades the algorithm and works.

    • @JACOBxRL
      @JACOBxRL 4 місяці тому

      @@turtlecat3507 That 1% statistic is flawed. Here's why. 100 "traders" sign up at a brokerage. 95 make a deposit, 90 take at least one trade. Of those 90, 40 quit right away finding out how risky trading is, 50 stay. 40 of those 50 have families, jobs, or another obligation that they subjectively find more important than trading and do not take trading seriously (as you must to make profit.) 10 take it seriously and trade for at least a year. By that time 5 of those 10 have quit due to lack of long term discipline/risk management (100% controllable). Of the 5 left 1 goes all out with trading and gets funded at a prop firm, the other four may make small profits over time and continue trading as a hobby/spare income. This cycle is continuous. There's always a new wave of fresh rookie traders being added to the loss statistics. Therefore simply by dedicating yourself to learning and sticking with it long term, you are already putting yourself above the other 95%. I've seen you under multiple comments discouraging people about trading. Go focus on yourself if you have nothing positive to say here. Best.

  • @paul___________
    @paul___________ Рік тому +19

    What a powerful phrase!
    Trading exposes your emotional flaws.

  • @MrNotSpecified01
    @MrNotSpecified01 11 місяців тому +1

    Yup. Traded for about a year with a bit of money. I am not an emotional person, but trading took me to those highs and lows. I could feel amazing after one trade then feel worthless after another. It's crazy, but if you can controll your spending, it's also pretty fun.

  • @SNIIP3R786
    @SNIIP3R786 Рік тому +6

    Trading is more about You Vs You than You vs the market.

  • @andrespinza5619
    @andrespinza5619 Рік тому +52

    Great advice Umar, I am working ver hard on this long journey and enjoying this learning process. No rush until I feel like it´s time to start trading without emotions or impatience.

    • @calebik
      @calebik 10 місяців тому +1

      Just remember it’s impossible to trade without emotions. You need to train your emotions. They’ll always be there.

  • @Turururruu
    @Turururruu Рік тому +54

    8 yrs and still at loss. I will make it now. The time has come. I can feel it slowly coming my way.

    • @mrplayer9316
      @mrplayer9316 Рік тому +1

      really??

    • @R3cklessExo
      @R3cklessExo Рік тому +3

      @@Light-PainterWhat type of strategy you using?

    • @ses147
      @ses147 Рік тому +1

      @@Light-Painter nice, hope you will make more

    • @entertainmenthome8584
      @entertainmenthome8584 Рік тому

      @@Light-Painter what strategy do you use?

    • @Elorameij
      @Elorameij Рік тому

      @@Light-Painter bro what

  • @deionsworld1035
    @deionsworld1035 Рік тому +2

    & that 2nd reasson is why i love trading, its like a mirror for my emotional flaws.

  • @GarciaDK
    @GarciaDK 9 місяців тому +47

    Stop... Market is manipulated. Its all about trend along with support and resistance and flow. Dont overthink it...

    • @Ai-Professor.1
      @Ai-Professor.1 5 місяців тому +2

      i agree with the trend idea i use 3 trend tools custom but i have automatic back tests on my tools with w/r roi profit ect ect

    • @GarciaDK
      @GarciaDK 5 місяців тому

      I personally just follow price action with S/R and candle confirmations. works like a charm@@Ai-Professor.1

    • @obiwan1563
      @obiwan1563 4 місяці тому

      I have like 3 systems to help understand what the hell is going on, price action, supply and demand , and fibonacci

    • @onyx_vii7808
      @onyx_vii7808 3 місяці тому +2

      Literally all you need. It took me so long to understand that. Was always looking for the best indicator and trading on smaller Timeframes. Learning charts is really like learning a language.

    • @GarciaDK
      @GarciaDK 3 місяці тому

      In addition, if you want to master the market, you have to master yourself first. This means controlling/eliminating all emotions from a trade..@@onyx_vii7808

  • @godblesskhrishna1247
    @godblesskhrishna1247 11 місяців тому +18

    True True
    Treat it as a Business,
    Livelyhood , stay serious and stay Focus
    Be about it and
    Pray about ❤🙏🙏🕊️

  • @alexandertzik6567
    @alexandertzik6567 Рік тому +1

    I've been saying this to myself until I hear you say it today. Trading will definitely expose your personality flaws. Therefore you must become a better human being in order to become a better trader. That's my experience.

  • @aaronlal5054
    @aaronlal5054 Рік тому +89

    You speak from experience , thats real man..

    • @leoxd7029
      @leoxd7029 11 місяців тому +1

      How do you know that for sure?

  • @DMB_FX
    @DMB_FX Рік тому

    Spitting facts all day long. Trading has learned me so much about myself and I'm just getting started.

  • @brianng1701
    @brianng1701 Рік тому +1

    Facts, it took me 3 years and shit load of money money lost before trading even and lil profit

  • @rezernitocakodtraktora
    @rezernitocakodtraktora Місяць тому +6

    Ummmm this guy is a gambler talking about gambling.. If you dont get it read this again and think..

    • @theoneandonly1671
      @theoneandonly1671 Місяць тому +8

      Tell me your a failed trader without telling you're a failed trader.

    • @iAm03j_
      @iAm03j_ Місяць тому +1

      Shit if he can repeatedly make millions year after year then so be it. Call it what you want.

    • @nofood1
      @nofood1 Місяць тому

      @@theoneandonly1671 *professional gambler, you nor anyone else knows what candle is coming next.. every trade you make is a 50/50 , no ifs or buts.

  • @iam_jwelz
    @iam_jwelz 10 місяців тому

    The last part about emotional flaws is an actual thing. It's very critical to understand yourself in trading, for example, if you're very impatient by nature. Swing trading won't work for u and vice-versa. Even how much drawdown you are able to take is very important. ✌️

  • @mastertworld9247
    @mastertworld9247 10 місяців тому +2

    Ready to learn and make that money

  • @ryanKeenN
    @ryanKeenN Рік тому +1

    Golden advice here

  • @user-ni4um2cd6b
    @user-ni4um2cd6b Місяць тому +1

    Great point 👍

  • @MrBazukaz
    @MrBazukaz Рік тому +1

    This guy knows what's he's talking,I think he's saying this based on experience, probably the mistakes that he did in the past

  • @cr4zym3x1c4n
    @cr4zym3x1c4n Рік тому +1

    I still treat leaps like weeklies. Best to buy and hold

  • @SANTheTrader
    @SANTheTrader Рік тому

    This guys shorts are gems upon gems.

  • @NeW758
    @NeW758 Рік тому +3

    ❗️❗️great information ℹ️

  • @mikevon8477
    @mikevon8477 Рік тому

    You are right on point!

  • @MC_LaMaya
    @MC_LaMaya Рік тому

    So true! I’ve learned a lot about myself 💯

  • @TI77e
    @TI77e Рік тому +1

    started trading 3 weeks ago and blew already 80% of my account. I ve had more valuably lessons about myself in this time than in the last year combined.

  • @namtrader9674
    @namtrader9674 Рік тому

    Thank you Umar!

  • @TheScalper0325
    @TheScalper0325 Рік тому +1

    Thank You 🙏

  • @theuncreativestudio
    @theuncreativestudio 10 місяців тому +1

    Finding that process is one of the hardest things to figure out.

  • @regirauba6929
    @regirauba6929 Рік тому +1

    I 100% agree with the emotional flaws part because for myself I’ve had days where my emotions took over and I lost about 3 or 4 % of my funds just because of a simple tantrum setting me back a a few weeks

    • @turtlecat3507
      @turtlecat3507 Рік тому

      Brother i will tell you now incase you are just beginning, that only 1% of day traders make money in the long run, do not think you will be the exception, the amount of AI and algorithms within stocks and shares brings it to an effective economic equilibrium making it borderline impossible to actually 'win money', if something works, everyone does it making it no longer profitable.
      Take your money and put it into an index fund like VTI, VOO, VXUS, VT which are all really good ETFS, if you want a slightly more risky one when youre younger to get a higher yield (not playing with your retirement money as an old man), something like VUG is good

  • @Stefzan19
    @Stefzan19 Місяць тому +2

    Keep it simple

  • @Samartrader
    @Samartrader Рік тому

    Thanks for your word Sir

  • @ThePaintingpeter
    @ThePaintingpeter 5 місяців тому

    Your comment about "trading will expose all your flaws" seared itself into my brain.😮

  • @WheredMyPiggyGo
    @WheredMyPiggyGo 11 місяців тому

    The truth of it is each of your losses is someone else's gain, if you choose not to gamble your money you'll never lose.

  • @Omar-Facio
    @Omar-Facio 11 місяців тому +1

    Very interesting.

  • @corwinstormtv9136
    @corwinstormtv9136 Рік тому +6

    This is complete facts

  • @thelegendofyogi3661
    @thelegendofyogi3661 11 місяців тому +2

    Discipline is the biggest factor in all of trading learning to take a loss and putting a stoploss to avoid blowing up your account is the one thing every trader needs to master!

    • @HecProman
      @HecProman 2 місяці тому

      Thats what ive mastered as a beginner .

  • @dumjokster
    @dumjokster Рік тому +1

    So its harder than it look. Like fr everybody its so much. You can either treat it as gambling or really focus and study this stuff. I haven't started cause im still learning bro like fr. I hope this work out. Once I complete this understanding of this mission I will be satisfied and take it to new heights. I have to hype myself up and everybody else. Believe it or not we have to change the future bro

  • @iamezykiel
    @iamezykiel Рік тому +1

    True words bro 🫡

  • @simplebasic4715
    @simplebasic4715 Рік тому +11

    100% when it comes to exploding the emotional flaws …. Yeap it just shows what’s our reality

  • @abhimannudogra9815
    @abhimannudogra9815 10 місяців тому

    Last line exactly 💯

  • @j.g.mcbell9494
    @j.g.mcbell9494 Рік тому

    I’ve been on a really hot streak for like 3 months now. I wouldn’t say I’m a “day trader” but I’m a “daily trader”. Some positions are short term, some are long term plays.
    I don’t trade on usual metrics, I’ve just been going with companies that I believe are doing the right thing and headed in the right direction. I believe they’re positioned well with their debt, cash on hand, market share, and most importantly product offerings and innovations.
    And I’ve hit major growth on literally *everything* for months now. Most of it has been in tech, as that’s what I understand the best. I caught 10 shares of NVIDIA 2 days before the 30% jump this week (I know that doesn’t seem like a lot to many people but it’s a lot to me) as a great example. A lot of this has been just “feelings” and “hunches”. The only thing that’s not really performing well is my index fund holdings.
    I’m aware this is not a great long term strategy. And I’m not stockstradaumus. But for what it’s worth I’m dumping virtually all of my individual stock holdings on Tuesday. Idk why. Call it a hunch. Believe me or don’t. But I think we’re hitting 52 week highs for a lot of these tech companies because they’re beating Q2 projections, they’ll stagnate through the summer, maybe losing 2-5% over the next three months, and we’re looking at a fall crash.
    Could be wrong. But it’s what I’m feeling in this current market that I’ve been very very right on. Do what you will with that.

  • @alfredtabanrichman
    @alfredtabanrichman Рік тому +1

    Great lessons❤

  • @nick-kd4jf
    @nick-kd4jf Рік тому

    Trading is an art, not a science. That’s another thing people don’t understand.
    Extremely important to have stop losses set or trailing stops

  • @dasboots3272
    @dasboots3272 11 місяців тому

    Yep. Learned lots about myself and how I react to things when dealing with stocks. Learned what's best for me is to find something long term and let it ride. I create a net negative if I day trade and let my emotions interfere.

  • @mco4972
    @mco4972 Місяць тому

    Emotions are not flaws. Some of them just don't fit in trading and investing. It's absolutely normal to have fear of loss

  • @stylembonkers1094
    @stylembonkers1094 Рік тому

    This is gold.

  • @mikelisa76
    @mikelisa76 10 місяців тому +1

    Amen....I found out more about myself since I've been trading. Patience is my biggest problem.

  • @gaithmubarak7017
    @gaithmubarak7017 Рік тому

    thank you umar!

  • @jakl10
    @jakl10 Рік тому

    is this a snip from a longer podcast cause if so i need to watch it

  • @MarshaII.O7
    @MarshaII.O7 3 місяці тому

    The last line is facts,

  • @blaze8244
    @blaze8244 5 місяців тому +1

    I shouldn't be saying this because I'm just trading for only 3 days now but, damn, I'm getting a taste of my flaws.
    But on the good side, I'm learning and understanding it too.

  • @rayeemmorris5765
    @rayeemmorris5765 Рік тому +2

    Wow. He just described me.

  • @maazwaseem.
    @maazwaseem. 8 місяців тому

    Truth i have been waiting to hear since so long 👍🏻

  • @JDFXM
    @JDFXM 10 місяців тому

    The second thing is an attitude, the first one is only work. ❤

  • @sandunikakaumadi3597
    @sandunikakaumadi3597 Місяць тому +1

    10000000% agreed

  • @akbrlrmdhn
    @akbrlrmdhn Рік тому

    i totally agree, and I'm realize about myself

  • @333haney
    @333haney 10 місяців тому

    I put money on options and whatever I think I should pick I go with the opposite. Works 100% of the time 20% of the time

  • @tobeleo3558
    @tobeleo3558 Рік тому

    It sounds mundane, but it's very true and very powerful

  • @Soulhope85
    @Soulhope85 Рік тому +1

    i tried 2 years ago and got the conclusion that im not cut out for it. now i rather think maybe i wasnt willing to reflect and improve.

    • @obelarcapital
      @obelarcapital Рік тому

      It’s really not for everyone. There’s no shame brother. It’s a really tough business and the reality is most people never make it. If it was easy everyone would do it. Most people you see online are fake

    • @Rflows100
      @Rflows100 7 місяців тому

      That means your destined for great things if you maintain faith in King Yeshua. He will bless you surely and abundantly and guarantee your eternal residence. Patience is key. In the mean time learn His ways and be proficient in it. You will be above the scams if the world, of which include trading on the stock market and selling future generations away into bandage. You will be free and thus you will promote freedom in all you do. As long as you remember your King, Yeshua is He, and He loves you very much

  • @calmnessinside4763
    @calmnessinside4763 Рік тому +1

    You are sooooo right.....

  • @abutarabshaikh8720
    @abutarabshaikh8720 3 місяці тому

    Having a system changes your whole mentality. Even if you make a loss then also you are confident. One who loses without a system just gets scared.

  • @sudipto9551
    @sudipto9551 11 місяців тому

    Don't be serious on trading. You'll make money for sure. And please keep an external income. It'll manage your emotion in trading

  • @michaellynch517
    @michaellynch517 Рік тому

    I figured that out on the second year and nobody would fund me despite the data I could show to them.

  • @NgocNguyen-ei1rh
    @NgocNguyen-ei1rh 6 місяців тому

    Thank you for sharing.❤

  • @DTFShorTie
    @DTFShorTie 11 місяців тому

    Well said.

  • @HyphenzaOfficial
    @HyphenzaOfficial 29 днів тому

    why ur not making money : you dont understand and dont take it serious.
    an awnser any human being can awnser for literally any skill based question. very helpful

  • @dky777
    @dky777 Рік тому +1

    Legend said it all!

  • @marvinmateo2416
    @marvinmateo2416 Рік тому

    i’m the personal who’s traded 2-3 years with no data to back up, but i’m just now trying to track, journal, and organize it 😅

  • @orettsimpson1214
    @orettsimpson1214 Рік тому +1

    Sooo true bro

  • @brandona2491
    @brandona2491 9 місяців тому +1

    I had everything in a notebook, my edge is supply/resistance set on 4HR time frame w/ trendline continuations or failures depending on the distance/direction from aforementioned supply/resistance. My strategy worked best in the trending market- but is still possible in this consolidation period that appears to be breaking down. I’m three years in.

  • @stellarmelee6919
    @stellarmelee6919 Рік тому

    this is pure

  • @JMSOLOMN
    @JMSOLOMN Рік тому

    Trading is like fighting, Knowledge is useless without experience.

  • @Joy-Boy01
    @Joy-Boy01 9 місяців тому

    Wow.. I'm speechless. Exposing oneself. So true.

  • @JasonPhillip303
    @JasonPhillip303 Рік тому +1

    Or when you ask them they start insulting you 😂😂😂

  • @user-qy2vu1fs3f
    @user-qy2vu1fs3f Рік тому

    My bossss #True talk🙌🙌

  • @theshovel881
    @theshovel881 11 місяців тому

    Very good video. Spot on

  • @oliviaphionaamuron
    @oliviaphionaamuron Рік тому +1

    Almost broke my computer just because of my anger when I was losing money😂😂😂😂 it's not easy very painful to watch

  • @casey.cryptotips
    @casey.cryptotips 2 місяці тому

    so true, keep it up! 🔥

  • @bullsvsbearsMia-mi
    @bullsvsbearsMia-mi Рік тому

    Yes I cry sometimes 😂😂sike 🙏to all traders learning

  • @khamismajok6377
    @khamismajok6377 Рік тому

    it all true all ppl want the short cut. and it comes with price

  • @JohnDoe-nv8lh
    @JohnDoe-nv8lh 25 днів тому

    This is true im down 53k just starting to make money back from real trades now that i put my emotions aside.

  • @amarkachari1839
    @amarkachari1839 10 місяців тому

    You are true, I do analyze my trade every day win or lose. for last one year. And I know my edge. my only problem is I spend to much on R&D for next strategy.

  • @Javed_Sharif
    @Javed_Sharif Рік тому +1

    Haqeeqat hai sir

  • @Daytraderstuff
    @Daytraderstuff 16 днів тому

    Journal your trades and stay disciplined with the process. Stop focusing on the outcomes and focus on the process.

  • @thatverydarklad
    @thatverydarklad Рік тому +4

    This man spitting facts 💯

  • @davelee207
    @davelee207 6 місяців тому

    Where I disagree is the first point. It’s exactly what you should do. Wake up perform and call it a day and do it again every single day. Some months are slow some months are great. Short term noise in equity curve is what throws off most traders.

  • @bicavalentin2844
    @bicavalentin2844 6 місяців тому

    I like this Man!

  • @DanielCardei
    @DanielCardei 5 місяців тому

    Any job does that until you master it. It becomes your character.

  • @nabyendu16
    @nabyendu16 Рік тому

    i don't understand how some people make trading so complicated with fancy words....keep it simple

  • @saks2760
    @saks2760 Рік тому

    I trade EU, works well when there is a Breakout, works better in trending condition, I have some data not so much still working on it, Average RR is 5 with Win Rate around 40-50% on Data. Thank you for pointing out what needs to be done.

  • @onyedikachikanu9326
    @onyedikachikanu9326 Рік тому

    From experience, this is true as

  • @jbraman1028
    @jbraman1028 Рік тому +1

    translation: but my journal 😂