The Right First Step in Trading

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  • Опубліковано 16 кві 2012
  • Most new traders start off on the wrong foot and must work to recover and fix their trading, but instructor Sam Seiden explains how to develop proper trading habits from the onset.
    www.moneyshow.com

КОМЕНТАРІ • 35

  • @terrywilliams2349
    @terrywilliams2349 Рік тому +8

    Sam does a great job giving context!!! 🔥🔥🔥

  • @Lele756
    @Lele756 5 місяців тому +2

    this is the really starting point in a trading journey

  • @manassehleonard2879
    @manassehleonard2879 5 років тому +12

    The best fx mentor ever.

  • @ruddydd4085
    @ruddydd4085 Рік тому +3

    He is literally exposing my strategy.Bruh

  • @jasper1064
    @jasper1064 9 місяців тому +1

    Also. on 0:34 what irritates me the most is when people mention this. Yes, it's true that most investors lose but they don't lose because of lack of knowledge they lose due to emotion. Trading the stock market, forex, futures or any market only requires basic knowledge of price action and auction market theory. The reason why trading is hard is because you understand in your head that you are putting in your hard earned money into something that has risk, so you get emotional! It's important to learn price action and the market but don't EVER skip out on controlling your emotions.
    NEVER LOOK DOWN! ( Unless you are shorting ;) )

  • @mattwarrensocal
    @mattwarrensocal 3 роки тому +5

    This video is overbought on over 50 indicators

  • @serdaryavuz6996
    @serdaryavuz6996 5 років тому +19

    Some muppets still dont understand what the guy is talkin about and sayin he said nothing.. He's giving u the golden rule of trading, what else do u want.. Buy it low and sell it high..

    • @harsh-bm4wx
      @harsh-bm4wx 4 роки тому

      I am sorry to bother you like this but could you please guide me to the best way to learn technical analysis, how to trade profitably and how to trade along with banks and institutions.. I will be grateful to you.. thank you...

    • @deepbrar9750
      @deepbrar9750 3 роки тому

      @@harsh-bm4wx DM me on IG bro aman.brar.1111

    • @nwoksh
      @nwoksh 8 днів тому

      ​@harsh-bm4wx of course you'll be grateful, but of what use is your gratitude to him, even if your supposition is true and he could so guide you?

  • @WhittyPics
    @WhittyPics 9 років тому +11

    Sam you ROCK.

  • @kickyrinneSierraBates8370
    @kickyrinneSierraBates8370 4 роки тому +2

    i think he trades based upon price action

  • @campbellrealestate4936
    @campbellrealestate4936 Рік тому +1

    Interesting but I don’t like the idea of undermining every book that’s ever been written on trading as if there is no value there just because it’s conventional

  • @pranjayarora8115
    @pranjayarora8115 4 роки тому +2

    MKTS WILL ALWAYS REMAIN OPEN UNTIL I HAVE HUNGER (2)GOVT NEED STT STAMP DUTY

  • @FredJonesJunior
    @FredJonesJunior 12 років тому +2

    The right first step in trading is get you the TradeStation platform ignore the advice from the experts and messageboard hacks simulate trades on the simulator like you would do as a day trader. watch the screen 5 hours a day. . don't read any trading books dont take any courses watch the action of your simulated order and maybe in three month you will catch on. to what you can expect. Which will be failure.. Technical analysis is no defence against a trading Bot.

  • @pranjayarora8115
    @pranjayarora8115 4 роки тому

    BUY UPTREND (2)SHORTSELL DOWNTREND (3)UPCOMING EARNINGS HIGH (4)GOOD BUSSINESS MANAGEMENT NOT HONEST

  • @RedCandles_
    @RedCandles_ Рік тому +1

    Are you 48 or 28?
    Yes.

  • @adrianagasino
    @adrianagasino 3 роки тому +5

    Bruuh , this guy literally dropped gems. For the ones saying they didn't learn anything, your mindset is different when it comes to trading lol go back to basics.

    • @mulemule
      @mulemule 3 роки тому

      (Literally? Forget all this technically-driven trading BS!
      Just learn how to pull diamonds and rubies out of one's a**!)

    • @adrianagasino
      @adrianagasino 3 роки тому +1

      @@mulemule Yeah I don't know what you're getting at. Maybe you are the type who buys high and sell low

    • @mulemule
      @mulemule 3 роки тому

      @@adrianagasino Maybe you're the type of guy who takes themselves too seriously. Literally.

    • @adrianagasino
      @adrianagasino 3 роки тому

      @@mulemule hmm , I don't get that. I can't relate to buying high and selling low

    • @nwoksh
      @nwoksh 8 днів тому

      He said absolutely nothing. Where are the real highs and lows or supply and demand in the market? No body knows

  • @el1te1984
    @el1te1984 3 роки тому

    Meh

  • @ammianusrex6088
    @ammianusrex6088 8 років тому +4

    5minute talk about nothing !?

  • @Kostas1989
    @Kostas1989 6 років тому

    yea agree pretty much useless

  • @georgetrader8005
    @georgetrader8005 5 років тому +1

    ridiculous advise