OMG you're singing my song. I don't have the luxury of youth to make money. I need to make a lot of money now. I want to finally retire and enjoy life. I will continue doing what I'm doing by studying every day. I appreciate your videos. I strive to learn something new every single day. Although nice, I don't need millions just to retire. I'm inching forward with small profits.
@@AmogelangMashaba-k3u FOR YOUR INFORMATION... I am a born again spirit filled Christian. OMG stands for OH MY GOSH. I would never hurt my LORD that way. I suggest you mind your own business and not ASSume.
Hi Riley, Great video. I'm part of your evolved traders group, and I gotta say to anyone considering joining, Riley gives you the best bang for your buck out there. I've really enjoyed the group. Happy New Year!
I am in the fortunate situation of having over 100k in the bank and I am in the game for 4 years with growing confidence. To battle my emotions I added my own algo bot strategy to my options... that gives me the freedom to work on my emotions in forex, penny stocks and stock investments. Never bet on only one horse!
Ahh slow down it takes 2-3yr of study everyday for 3/8hrs. I actually traded really well at first but didn’t understand the risk and just got lucky often. There’s been so many eye opening days that I learn something but a few weeks pass and it changes again. Mentors rules have changed from 45yr of study. Markets don’t act like they used to because of odte options. Ie; by candle 18 on 5min chart it had a 90% probability of having the high or low of dayshown in those candles. Backtested 40yr and now that happens weekly. I could put my home on that one rule daily but now it totally broken. High vol from those daily Options expiring 20min after the bell. Anyways good luck and stick with mnq and mes to get going and max loss per day is 100$. Just fire yourself after that and switch to simulator rest of day for punishment. Lol
You have amazing ability to "dummy" and explain difficult topics so it is easy to understand. You would be great teacher in general for sure. It is 100% true that if you don't have any "skin" in the game you won't focus / care what happens.
I am new to the day trading journey and I am learning quite quickly that not everyday is going to the day to make money or even place a trade.....I have to remember that the market will be open again tomorrow and there will be more opportunities to place trades. Mental game is very hard to wrap your mind around. I tend to get caught in the mentality that I need to make a trade everyday and when I go down that path, I am almost always in the red or hanging on to bad trades just to break even. This video is great. Thank you.
You have no idea how much this video clicked with me. A few years ago, I lost a lot and was stuck in a position until it recently went up. I kept my mind off things when I waited and then it went up and I became profitable. I started to FOMO into trades and lost most of my money ($70k). i have lately just been staring at the charts all day and felt the need to always be in the trade. Now I realized that I need to just wait for the set up and alerts to happen and then get into the trade. I was hoping to just day trade and now I'm in a bad situation where I cant make rent and I might end up homeless. Put myself in a bad spot and I need to take a step back and just wait for things to play out.
All these a to b "a single big Lamborghini trade" is such a big bs lol 1. Volatility 2. Unexpected news 3. Manipulation 4. markets can stay irrational for longer than you can stay solvent A recipe for a blow up or making a pittance without large account size.
You're my brother, i can say, looking similar like me, i'm connecting with your ideas and soon i will be on your path Thank you for your hard work sharing with us
one of your shorts hit my inbox said "are u overmanaging your trades" well yes over under every thing else if i try to hold on for 0.50 it was a mistake cause it don't go there goes up 0.32 then bottom falls out, if i sell with 0.15-0.30 profit it was too soon cause some time later it jumpes up $3 + seems i can't win for losing
Thank you for the free information mate I follow your strategy more than any others it just seems to resonate better with my lifestyle. Do you have any paid courses or any mentorship’s ?
I've got new for everyone in here. Trading is a zero EV game minus commissions and taxes. It is impossible to win in the long run. Do not trade or listen to anything this guy has to say.
I Just started going live recently. My technical analysis as far as the short term trend is usually correct. My executions need work, whether entering or exiting. Getting the emotions under control is definitely the hardest thing to do.
Your strategy looks like the classic reversals. Reversals are difficult trades to take for new traders. Could you please make a video on how to trade with the trend?
I havw a genuine question for everyone who's experience trader and also have tried AI. What would be consequence of using AI to trade? I've had seen so many people using AI/bots to trade, which I'd assume bots won't go away anytime in the future; at this point is trading on our own without AI beneficial?
Hey buddy, i appreciate your cntent and strategies, quick question tho.... how much do you make from trading and how much do you make from UA-cam & courses and affiliate marketing?
There are supposed to be a lot more entry signals and confirmation’s trading in one minute Then why you trade only twice a week or month? Even in one hour candles you find a bunch of opportunities to enter trades
I think is worse than poker...in trading you have the all market playing against you...and they can see your cards. your playing style and how far is your limit call. As soon you take a trade the market will reverse on you and if you open a new one on the opposite side the market will stop and think about where is better to go for putting you in loss....2 years I am studying and I think brokers are the problem....is not possible that I can change the direction of all market with a miserable pip (even in demo mode) in any instrument at any time.
If you dont have an edge you wont make money. Lagging indicators like rsi,macd,ema,etc.. wont give you an edge. Technical analysis alone is not enough. Thats hard yeah thats why less than 1% od day traders are making money after 1 year. (Prop firm stats)
I feel contents are not copied, you have expressed your 10k hrs real experience. Mean patience patience patience patience patience. Mindset have more weightage than TA FA RM MM ... Very nice, keep continue your efforts to make more video. Thanks
Your a good mentor, anyway 1min Trading is really hard. IIt will probably take me even longer. I haven't found my way yet. I don't think you're as aloof as the others. But I still wonder, how do you get such good trades?I can't just make a good trade. But like I said, I don't think I'm ready yet. greetings from Germany
I highly recommend you dont look at the lower time frames.. It is best to start on the daily, 2 day and weekly time frames as they give you a more clear direction in which price is going. I love heiken ashi candles, but you must remember price is not correct. you should look at regular candles also. hope this helps , as it did wonders for me when i started.
i have a question, so when i try to trade after several hours or even days the most i would get would be $20. is it so low because i only have $200 in the account or is it something else?
It all has to do with the lot size your broker uses coupled with the lot size you are choosing to trade and the instrument you are trading. What level of leverage are you utilizing and what is you risk management strategy? Risking 1-2% of your account per trade with a 2:1 p/l target is a good place to start. $200 in an account with a $20 profit is 10%. That’s a really good return. Either a really good trade, or way too much risk.
thanks for all the useful advice and knowledge youve shared, ive been losing but have been learning alot and make a rule never to make the same mistake once i identified it, 2024 will be my year, my trading will finally pay off soon i can feel it as im starting to be more profitable ❤
Why do you feel the need to make the point over and over and over and over again just to make the video longer to tell us what your strategy is it’s annoying
📙Free 14 page guide of my favorite trading patterns ➡bit.ly/RCtradingguide
Happy new year. Search the topic of Ninja bots regarding your way of operating that are on the market to make a video on the topic.
OMG you're singing my song. I don't have the luxury of youth to make money. I need to make a lot of money now. I want to finally retire and enjoy life. I will continue doing what I'm doing by studying every day. I appreciate your videos. I strive to learn something new every single day. Although nice, I don't need millions just to retire. I'm inching forward with small profits.
Dont blasphemy gods name
@@AmogelangMashaba-k3u FOR YOUR INFORMATION... I am a born again spirit filled Christian.
OMG stands for OH MY GOSH. I would never hurt my LORD that way. I suggest you mind your own business and not ASSume.
How's your journey going?
This advice is GOLD!! Thank you🎉
Suddenly the best trading psychology video on UA-cam!
“ these trades were temporarily separate but emotionally connected “ wow!
Thank you for great videos, they are really helpful and you seem to be so sincere in what you say😍
Hi Riley, Great video. I'm part of your evolved traders group, and I gotta say to anyone considering joining, Riley gives you the best bang for your buck out there. I've really enjoyed the group. Happy New Year!
Wow that’s really great to hear!
You can get to that by going here ➡rileycolemantrading.com/
Hi, Riley,
Which broker you use ?
Do you have time to say!
@@a.hanif313 I use Ninjatrader
you say best bang for buck, if you don't mind just what is the buck how much??
Brother thank you for your reply.
Riley, you provide great information. I'm just getting started - you're give good data that I can use in my strategies.
I needed to hear this- thanks for sharing!
I am in the fortunate situation of having over 100k in the bank and I am in the game for 4 years with growing confidence.
To battle my emotions I added my own algo bot strategy to my options... that gives me the freedom to work on my emotions in forex, penny stocks and stock investments.
Never bet on only one horse!
Great information. I just started day trading two months ago and it’s been a roller coaster. Let’s goo 2024
Ahh slow down it takes 2-3yr of study everyday for 3/8hrs. I actually traded really well at first but didn’t understand the risk and just got lucky often. There’s been so many eye opening days that I learn something but a few weeks pass and it changes again. Mentors rules have changed from 45yr of study. Markets don’t act like they used to because of odte options. Ie; by candle 18 on 5min chart it had a 90% probability of having the high or low of dayshown in those candles. Backtested 40yr and now that happens weekly. I could put my home on that one rule daily but now it totally broken. High vol from those daily Options expiring 20min after the bell. Anyways good luck and stick with mnq and mes to get going and max loss per day is 100$. Just fire yourself after that and switch to simulator rest of day for punishment. Lol
Fantastic educational video. Thanks so much!
You have amazing ability to "dummy" and explain difficult topics so it is easy to understand. You would be great teacher in general for sure. It is 100% true that if you don't have any "skin" in the game you won't focus / care what happens.
@MatthewMurray-jf7cr Im not day trader myself, it just seems interesting so I am trying to figure it out myself too.
Really great video. Thank you.
I am new to the day trading journey and I am learning quite quickly that not everyday is going to the day to make money or even place a trade.....I have to remember that the market will be open again tomorrow and there will be more opportunities to place trades. Mental game is very hard to wrap your mind around. I tend to get caught in the mentality that I need to make a trade everyday and when I go down that path, I am almost always in the red or hanging on to bad trades just to break even.
This video is great. Thank you.
you're killing it man. spot on. thank you for posting. your content is helping people.
You are wise beyond your years!! Thank you!! Thank you!! Thank you!!
Best peptalk 2024 so far. Thank you Riley, appreciate you and wish you a successful year!
Bro.. you are so underrated... thank you for keeping the content going... it helps
Wisdom! Thank you. This was EXACTLY what I needed to hear right now. 🙂
Trading is simple
-Backtesting method
-forward testing & Money management
-using in the market
You have no idea how much this video clicked with me. A few years ago, I lost a lot and was stuck in a position until it recently went up. I kept my mind off things when I waited and then it went up and I became profitable. I started to FOMO into trades and lost most of my money ($70k). i have lately just been staring at the charts all day and felt the need to always be in the trade. Now I realized that I need to just wait for the set up and alerts to happen and then get into the trade. I was hoping to just day trade and now I'm in a bad situation where I cant make rent and I might end up homeless. Put myself in a bad spot and I need to take a step back and just wait for things to play out.
All these a to b "a single big Lamborghini trade" is such a big bs lol
1. Volatility
2. Unexpected news
3. Manipulation
4. markets can stay irrational for longer than you can stay solvent
A recipe for a blow up or making a pittance without large account size.
Happy New Year 2024 Riley.
You're my brother, i can say, looking similar like me, i'm connecting with your ideas and soon i will be on your path
Thank you for your hard work sharing with us
simple but incredibly profound. keep it going! thanks for the content 🙌
Riley fantastic video. I been using your strategy. Very good results
Thank you!! You motivating me so much thanks for that 💪🏽
To truly accumulate consistent wealth isn’t to trade but to “sell trading courses”
Like your videos and I'm a subscriber. How long have you been trading and which trading platform do you use. And which state do you trade from??
It’s like paper trading ur always good at it
Because he is paper trading. Look up his history
one of your shorts hit my inbox said "are u overmanaging your trades" well yes over under every thing else if i try to hold on for 0.50 it was a mistake cause it don't go there goes up 0.32 then bottom falls out, if i sell with 0.15-0.30 profit it was too soon cause some time later it jumpes up $3 + seems i can't win for losing
Thank you for the free information mate I follow your strategy more than any others it just seems to resonate better with my lifestyle. Do you have any paid courses or any mentorship’s ?
Great video with solid advice, Thank you
I've got new for everyone in here. Trading is a zero EV game minus commissions and taxes. It is impossible to win in the long run. Do not trade or listen to anything this guy has to say.
Great video! Thank you 🙏
I Just started going live recently. My technical analysis as far as the short term trend is usually correct. My executions need work, whether entering or exiting. Getting the emotions under control is definitely the hardest thing to do.
Your strategy looks like the classic reversals. Reversals are difficult trades to take for new traders. Could you please make a video on how to trade with the trend?
You should address the haters. people would like to know your past history
I havw a genuine question for everyone who's experience trader and also have tried AI.
What would be consequence of using AI to trade? I've had seen so many people using AI/bots to trade, which I'd assume bots won't go away anytime in the future; at this point is trading on our own without AI beneficial?
great video. Simple is and adjective, not a noun.
Surely when you are jump into trading,there is need to trade on demo account as you apply learnt strategies.
I use your strategy it’s just great!!! But I add stoch mTm indicator oversold and overbought
Hey buddy, i appreciate your cntent and strategies, quick question tho....
how much do you make from trading and how much do you make from UA-cam & courses and affiliate marketing?
There are supposed to be a lot more entry signals and confirmation’s trading in one minute
Then why you trade only twice a week or month?
Even in one hour candles you find a bunch of opportunities to enter trades
Great video as always
I saw one of youtuber in youtube video he said you and your videos are sam it that true?
Which broker do you use??
I am having hard time finding one.
Wow you really care bout our success ❤
Love from india❤❤
I’m glad this came up on my feed. Thank you for this sir.
Very useful info.
I think is worse than poker...in trading you have the all market playing against you...and they can see your cards. your playing style and how far is your limit call. As soon you take a trade the market will reverse on you and if you open a new one on the opposite side the market will stop and think about where is better to go for putting you in loss....2 years I am studying and I think brokers are the problem....is not possible that I can change the direction of all market with a miserable pip (even in demo mode) in any instrument at any time.
Buddy, How much money have you wasted before getting profitable?
lets see the receipts. show some live trades.
I so appreciate the way you've edited your video. Keep up the good work!
If you dont have an edge you wont make money. Lagging indicators like rsi,macd,ema,etc.. wont give you an edge. Technical analysis alone is not enough. Thats hard yeah thats why less than 1% od day traders are making money after 1 year. (Prop firm stats)
Fantastic 👍👍👍💚
hello bro can u learn us how to manage funded account 50k with ninja trader ???
I feel contents are not copied, you have expressed your 10k hrs real experience. Mean patience patience patience patience patience.
Mindset have more weightage than TA FA RM MM ...
Very nice, keep continue your efforts to make more video.
Thanks
Not giving a F responsibly helps a lot.
Agree...
Your a good mentor, anyway 1min Trading is really hard. IIt will probably take me even longer. I haven't found my way yet. I don't think you're as aloof as the others. But I still wonder, how do you get such good trades?I can't just make a good trade. But like I said, I don't think I'm ready yet. greetings from Germany
I highly recommend you dont look at the lower time frames.. It is best to start on the daily, 2 day and weekly time frames as they give you a more clear direction in which price is going. I love heiken ashi candles, but you must remember price is not correct. you should look at regular candles also. hope this helps , as it did wonders for me when i started.
i have a question, so when i try to trade after several hours or even days the most i would get would be $20. is it so low because i only have $200 in the account or is it something else?
It all has to do with the lot size your broker uses coupled with the lot size you are choosing to trade and the instrument you are trading. What level of leverage are you utilizing and what is you risk management strategy? Risking 1-2% of your account per trade with a 2:1 p/l target is a good place to start. $200 in an account with a $20 profit is 10%. That’s a really good return. Either a really good trade, or way too much risk.
thanks for all the useful advice and knowledge youve shared, ive been losing but have been learning alot and make a rule never to make the same mistake once i identified it, 2024 will be my year, my trading will finally pay off soon i can feel it as im starting to be more profitable ❤
❤
Hello
❤❤❤❤❤
👍
Am The first... thanks for the great work boss
the whales pull back just to get my $1 😭😭😭😭😭😭
Why do you feel the need to make the point over and over and over and over again just to make the video longer to tell us what your strategy is it’s annoying
Bro go to the gym and put on some muscle 👌🏻