DON'T BLOW UP YOUR ACCOUNT! Avoid These 5 Day Trading MISTAKES

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  • Опубліковано 27 бер 2024
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КОМЕНТАРІ • 69

  • @TraderAli
    @TraderAli 2 місяці тому +20

    1) Have a trading plan otherwise you're just a gambler
    2) One trading system, one strategy, one instrument, around the same sessions, everyday, so that you get familiarity with market pattern, cycles, sentiments,
    3) Use Pivot points, EMA, 9, 15, 30, 50, 65, 200, RSI below 20 or above 80, double top, double bottom, Fibonacci retracement,
    4) Make yourself familiarized with one pair, know its behavior, know its, movement, during specific time session,
    5) Follow rules, wait for the setup,
    6) Better to miss a trade rather than chase,
    7) Remember always look at the charts, charts tells you where to buy or sell a stock, a stock can go down, like a free fall, dont try to catch it,
    8) know your levels, resistance and support, wait for price to come to these levels,

  • @vivekbisht4898
    @vivekbisht4898 2 місяці тому +12

    Einstein of trading 😮

  • @Yung_Prodigy
    @Yung_Prodigy 2 місяці тому +5

    Keep your trading simple and basic to where you understand, and if you take a Loss so what. As long as you followed your rules you had a successful day!!

  • @YeshuaDavidson
    @YeshuaDavidson 2 місяці тому +2

    Crazy grandpa!!! Love his energy

  • @moafx
    @moafx 2 місяці тому

    This taught me so much. Thanks.

  • @anthonydeverso7201
    @anthonydeverso7201 2 місяці тому +1

    Lets go! Excited to see Peter at the FX Summit 2024

  • @anthonyjohnson9710
    @anthonyjohnson9710 2 місяці тому

    Keep posting this man every time I eat I tune in

  • @eycleung
    @eycleung 2 місяці тому +1

    I agree with everything except RSI and/or MACD. They worked in a "normal" trading conditions, but many times they still break out, so stop order works, just deal with the wrong direction, only "try" trade in critical levels fib pivot levels, previous close/low/high levels, just don't base on intuition, we are like to be the oracles - like we can see the future - but in reality we are not. I ended up over trading cause I always kept trying believing a fake reversal is agreeing to my believes, not only loss more money, but losing on fees too.

  • @davidibiyemi1308
    @davidibiyemi1308 2 місяці тому

    Fantastic, thank you very much Sir for this enlightenment

  • @impactnetwork6097
    @impactnetwork6097 2 місяці тому +3

    I gotta be there by Nov!

  • @quillahancock2694
    @quillahancock2694 2 місяці тому

    Love this guy!!!

  • @zambonimatukuta
    @zambonimatukuta 2 місяці тому +2

    Where is the course of this legendary trader 😨😱

  • @Spad68
    @Spad68 2 місяці тому

    What are the time frakes they use . Cause we all lnow thise number differ on the time frame

  • @saltbones4141
    @saltbones4141 2 місяці тому +2

    Heres what peter does. He trades the imbalance on the open and the close. Were still not sure where he gets the information......

  • @fumagoo1986
    @fumagoo1986 2 місяці тому +3

    When I make a bad trade i throw my computer out of the window. Then go buy a new one. To save my account.

  • @banginzaza
    @banginzaza 2 місяці тому +1

    There's no ego in trading
    Tell that to these big headed young dudes in all of these communities 😂😂😂

  • @scentsoftravelmeditation
    @scentsoftravelmeditation 2 місяці тому +1

    So true, there’s difference between trading and gambling

  • @mahditrader2485
    @mahditrader2485 2 місяці тому

    ❤❤❤❤🤑🤑🤑🤑

  • @ana.eduard1493
    @ana.eduard1493 2 місяці тому +1

    He little bit of crazy 😂😂❤

  • @SergeantmajorPhilip
    @SergeantmajorPhilip 2 місяці тому +31

    Despite all the financial struggles i and my family faced, everything is finally falling into place! $47,000 weekly profit and riches I'll always praise the Lord!!!

    • @SergeantmajorPhilip
      @SergeantmajorPhilip 2 місяці тому

      Thanks to my co-worker(Alex) who suggested mrs Elizabeth Ann Graney

    • @SergeantmajorPhilip
      @SergeantmajorPhilip 2 місяці тому

      She's a licenced broker in the States 🇺🇸

    • @SergeantmajorPhilip
      @SergeantmajorPhilip 2 місяці тому

      After I raised up to 125k trading with Elizabeth Graney I bought a new House and a car here in the states also paid for my son's surgery Glory to God shalom.

    • @wangjie5635
      @wangjie5635 2 місяці тому

      Wow I'm just shocked you mention Elizabeth Ann. thought I'm the only one trading with her.

    • @EmilyRodriguez-kl5ob
      @EmilyRodriguez-kl5ob 2 місяці тому

      Elizabeth Ann has really set the standard for others to follow, we love her here in the UK as she has been really helpful and changed lots of life's

  • @trademetrics5323
    @trademetrics5323 2 місяці тому

    He is highly caffeinated 😂

  • @jonahware5396
    @jonahware5396 2 місяці тому

    Did he say RSI? lmao I guess

  • @pradeepshirur5435
    @pradeepshirur5435 2 місяці тому

    He is very loud 😢