I trade Small Caps and the R Multiple isn't present. The reason why I am saying this is that very rarely make a 2:1, 3:1 etc... Your more or less making a percentage of because Small Caps don't double very often. Thus me learning Futures where there is a greater uniformity of Risk to Reward.
How much of an account size would i need to have the potential to profit thousands like you per trade? I don’t think im going to go the prop firm route anymore. Rather fund a personal account
Any market presents any RR. It’s the trade you take based on the setup and placement of target and stop which is what will determine the RR. Not the market or instrument
R multiple might make sense if you risk the same amount every trade, but how does it matter if some days your stop loss is $500 and the next day might be $2000
I had problem comprehending trading in general. I tried watching other UA-cam trading channels, but they made the concepts more complicated. I was almost giving up until when i discovered content and explain everything in detail. The videos are easy to follow❤
I've been making a lot of looses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?
Trading on a demo account can definitely feel similar to the real market, but there are some differences. It's important to remember that trading involves risks and it's normal to face looses sometimes. One piece of advice is to start small and gradually increase your investments as you gain more experience and confidence. It might also be helpful to seek guidance from experienced traders or do some research on different trading strategies
Same, I met Elizabeth stark last year for the first time at a conference in Wilshire, after then my Life has changed for good.God bless Elizabeth stark
Your transparency and honesty is just superb and is a compliment to your knowledge on the matter. I pray the Lord's blessing continues to fill you and your family's life forever. I thank God for you and to you making these videos. You have no idea how much of a blessing you are.
Carmine has such precise entries and very small pts risked per trade that this approach works. My stop losses are often 10pts. Looking for the market to consistently give me 20pt trades just isn’t realistic. I’m always going to run into some type of resistance or reversal area. This ruins my win rate. If i could figure out how to get these entries at the very bottom and spot sellers failing my stop losses can be much closer to my entry and much smaller
@@carmine_rosato I believe you bro, I love the way you break down things when you're both green and red. Sorry to say this sometimes I feel your to good to be true and will love to trade along side with you bro. Respect man!!
Hi Carmine, do you begin with a full lot of contracts? For example 30 contracts from jump or do you prefer to start with maybe 5 contracts then scale into the trade as it moves in your favor?
I think the problem with a lower win rate and higher R multiple is the psychology for traders. Can a trader handle the amount of consecutive losses that will come with that type of system?
Very informative and GREAT video. Once I actually learned about R multiple I literally became profitable. A lot of new traders hear the advice “see green take green” and think they’re doing good because they made $ that day. In reality that’s not true and won’t last long term. I fell victim to it as well. Then it clicked when I realized I need to aim for at least a 2:1 ratio. I use to take trades with 1k size and make $70 and think I did great! Not realizing if my stop loss is 10%.. this isn’t even a 1:1 ratio. This a BAD win. Good video man I think a lot of people need to understand R:R and not just trying to “win”
Question, let’s say you make 100k in a year from trading how do you take money out for yourself while leaving it in the account to continue to grow it?
Great vid as always. To make things simple for the position size part of the video, you can say the contract size and the point value will always be inverted. If the contracts size goes up, the amount of points to risk will be lower. Same thing on the contrary
Good stuff for sure. I can speak from experience that this is struggling traders biggest obstacle. It’s not strategy based but risk based and mental fortitude to stay in the game. I’m speaking to myself on this one lol.
I have been trading with 1 E-Mini so this is the very problem I was having because my risk was different per trade. As I was watching and listening to your video I didn't see a solution and then all of the sudden I realized I need to go back to Micros to control my risk. Awesome videos thank you again for your help.
I’m only 17, saving up for your course. But I feel stuck, like books and videos aren’t expanding my knowledge. I don’t know what to do. I don’t understand you at all, tho I been studying and trying to understand.
Took a trade live today based off these concepts and recorded my screens! If enough traders would watch, I can post it soon!
Let me know
Yessir would love to see the behind the scenes!
Thanks for the insight!
what's up goat. I always love your videos and learn a ton from them. I took the same short you did today by the way. I saw the same thing.
Always bro and appreciate what you r doing for us
Yessir
Best trading UA-camr there is! The transparency you get with this guy is amazing.
One of the BEST videos you have ever made . Totally TRUE . Super awesome.
Wow, thanks!! Much appreciated support
Best Risk Management Explanation I've seen on UA-cam, Thank You Carmine Now I understand it Completely! 😄
Glad it was helpful!
Excellent video! You are such an inspiration! Thanks for sharing your great knowledge!
My pleasure!
Very use full Video Carmine, please make Risk Management again. Also, please talk about entry/exit/stop loss area's in more details.
Thank you professor!
You bet!
I trade Small Caps and the R Multiple isn't present. The reason why I am saying this is that very rarely make a 2:1, 3:1 etc... Your more or less making a percentage of because Small Caps don't double very often. Thus me learning Futures where there is a greater uniformity of Risk to Reward.
Needed this today
Carmine and Desi. SO damn inspiring.
That’s the bro !
How much of an account size would i need to have the potential to profit thousands like you per trade? I don’t think im going to go the prop firm route anymore. Rather fund a personal account
How do you determine risk be for you enter the trade? I don’t know how many points I’m risking before I enter the trade.
You can’t enter a trade without knowing the answer to that…. It’s very important
carmine can you make your journal public? it can help me refine my entries
Gold!
That assumes a 1:2 is more likely than a 1:1 which is highly more probable.
Index markets offer more 1:1s than 1:2s
Any market presents any RR. It’s the trade you take based on the setup and placement of target and stop which is what will determine the RR. Not the market or instrument
Video title changed?
I prefer saying I'm finance or investments. Trying to explain Day trading is just tiring.
TY For sharing
R multiple might make sense if you risk the same amount every trade, but how does it matter if some days your stop loss is $500 and the next day might be $2000
Don't take the trade when you can't afford the loss that the setup requires
I’d recommend watching this video fully. I explain keeping your risk consistent for this exact reason
I had problem comprehending trading in general. I tried watching other UA-cam trading channels, but they made the concepts more complicated. I was almost giving up until when i discovered content and explain everything in detail. The videos are easy to follow❤
I've been making a lot of looses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?
Trading on a demo account can definitely feel similar to the real market, but there are some differences. It's important to remember that trading involves risks and it's normal to face looses sometimes. One piece of advice is to start small and gradually increase your investments as you gain more experience and confidence. It might also be helpful to seek guidance from experienced traders or do some research on different trading strategies
I will advise you should stop trading on your own if you keep losing
If you can, then get a professional to trade for you i think that way your assets are more secure
I think I'm blessed if not I wouldn't have met someone who is as spectacular as expert Rizalyn Rosales
Thank you Lord Jesus for the gift of life and blessings to me and my family $14,120.47 weekly profit Our lord Jesus have lifted up my Life!!!🙏❤️❤️
I'm 37 and have been looking for ways to be successful, please how??
Sure, the investment-advisor that guides me is..
Elizabeth stark
Same, I met Elizabeth stark last year for the first time at a conference in Wilshire, after then my Life has changed for good.God bless Elizabeth stark
Her services is the best, I got a brand new Lambo last week and paid off my mortgage loan thanks to her wonderful services!
Solid advice! You've got great intensity and focus.
I appreciate that!
Been watching since late 2019, still extremely bullish on Carmine📈
Let’s gooo !!
Your transparency and honesty is just superb and is a compliment to your knowledge on the matter. I pray the Lord's blessing continues to fill you and your family's life forever. I thank God for you and to you making these videos. You have no idea how much of a blessing you are.
Thank you so much
Carmine has such precise entries and very small pts risked per trade that this approach works. My stop losses are often 10pts. Looking for the market to consistently give me 20pt trades just isn’t realistic. I’m always going to run into some type of resistance or reversal area. This ruins my win rate. If i could figure out how to get these entries at the very bottom and spot sellers failing my stop losses can be much closer to my entry and much smaller
What website is that to track your trades?
Go live when trading for a month so we can validate your trading skill
I do everyday
@@carmine_rosato I believe you bro, I love the way you break down things when you're both green and red. Sorry to say this sometimes I feel your to good to be true and will love to trade along side with you bro. Respect man!!
Legendary video
I don’t think people know how big a 💎 this truly is. Great content Carmine!
yeah this really is a great video. One of the best on risk management
Hi Carmine, do you begin with a full lot of contracts? For example 30 contracts from jump or do you prefer to start with maybe 5 contracts then scale into the trade as it moves in your favor?
I prefer full size all in one shot rather than scaling in
Are you mainly trading futures contracts or is this mostly option contracts?
Much easier to manage risk trading futures, not options. Which is what I do
We want more videos from Carmine! 🤝🔥
riz !!
Great video Carmine! Keep them coming!
Do you have advice for a TOS setup for Day Trading Options?
I think the problem with a lower win rate and higher R multiple is the psychology for traders. Can a trader handle the amount of consecutive losses that will come with that type of system?
In volatile market i get good rr.but on choppy day i cannot achieve 1:2
Very informative and GREAT video. Once I actually learned about R multiple I literally became profitable. A lot of new traders hear the advice “see green take green” and think they’re doing good because they made $ that day. In reality that’s not true and won’t last long term. I fell victim to it as well. Then it clicked when I realized I need to aim for at least a 2:1 ratio.
I use to take trades with 1k size and make $70 and think I did great! Not realizing if my stop loss is 10%.. this isn’t even a 1:1 ratio. This a BAD win.
Good video man I think a lot of people need to understand R:R and not just trying to “win”
TRUTH !!
Great video!
Glad you enjoyed it
What trading platform do you use?
best loser wins.
it is so true
you spent 17+ minutes saying very little and almost nothing at all. Good job.
carmine one suggestion, there is not need for this fancy editing. I would love raw videos with high frequency.
Question, let’s say you make 100k in a year from trading how do you take money out for yourself while leaving it in the account to continue to grow it?
Thanks 🙏🏿
Any time
I need to work on patience because im taking 3-5 trades a day when i know my best work looks like this
Well done explaining these different concepts man. Keep up the good work!
Appreciate it!
like your black shirt, where you get it from?
Risk Manager is an actual finance position 😊
I need his calculator for risk.
I have risked 90k and now nothing
God bless you brother🥇🏆
Perfect timing for me. Been blowing too many funded accounts that are nearing payouts. Sizing down to 1-3mnq. Thank you for this
Same…blew all of my funded accounts
Reason I’m not a big fan of these funded accounts is due to strict risk mgmt rules
@@Moh.Trades did u over leverage?
@@carmine_rosato Yeah but ive got no choice right now.
Great vid as always. To make things simple for the position size part of the video, you can say the contract size and the point value will always be inverted. If the contracts size goes up, the amount of points to risk will be lower. Same thing on the contrary
Great point!
Great video. Appreciate the breakdown. I notice in discord you are always risking around 3k, staying consistent makes sense.
yes, risk always stays consistent. That's how I remain consistent by controlling what I can control.
Good stuff for sure. I can speak from experience that this is struggling traders biggest obstacle. It’s not strategy based but risk based and mental fortitude to stay in the game. I’m speaking to myself on this one lol.
So true! Also easier to manage risk on futures !!
Incredible work Carmine! 💪🏼 Prime example of trading with a systematic approach 👏🏼
Yes bro ! 🤝🏽
This Video changed the way i should view my trading, thank you carmine your the goat 🐐
Happy to help!! Let’s go
do you take partials before hitting final TP?
I rarely hold runners. However if i do, it will only be after my first target. I base my RR off first target and anything better than that is a bonus
The best 🎉
Great video with excellent education advice that very very few mention or are willing to talk in detail about.
Thank you for the support!!
❤
definetly needed this video right now. much need bro thank you
Glad I could help
What platform does he use for trading
Thinkorswim
Thank you very much, that helps a lot!
Glad it helped!
Thank you
I have been trading with 1 E-Mini so this is the very problem I was having because my risk was different per trade. As I was watching and listening to your video I didn't see a solution and then all of the sudden I realized I need to go back to Micros to control my risk. Awesome videos thank you again for your help.
Keep the risk consistent!! it helps a lot
@@carmine_rosato thank you Carmine 😎
I’m only 17, saving up for your course. But I feel stuck, like books and videos aren’t expanding my knowledge. I don’t know what to do. I don’t understand you at all, tho I been studying and trying to understand.
Needed this today.. thanks
You are so welcome!
Let’s gooo 🔥
Yesssss
The risk to stop loss table is based on MES??
Yes
Yes $5 per point per contract
Thank you
You're welcome
Great one Carmine...appreciated
Great Video Carmine
Great video! thanks for sharding Carmine!
My pleasure!!
Thanks Carmine, good video!!
Glad you liked it!
Hey Carmine!! Did you watch the first episode of the Penguin yesterday? Don’t wanna spoil it for you, but there is a Mob Boss named Carmine Falcone 😊
didnt watch it ! but heard hahaha
@@carmine_rosato ok