Interesting video Chris i made a bad trading decision yesterday where for these reasons ( Screen Fatigue Greed fear and chasing losses) i totally broke my own rules and traded against the trending moving average which cost me 29 pips because i was trading with desperation and didnt pre set a stop loss. Rookie mistake, i believe sometimes the market will give you a run but mostly its a grind, we need to learn to trust tested historical price data and set future orders with a longer term view to take the intra day emotions out of the equation hardest thing to do when our monies on the line! always remember the trend is your friend!!! until it turns of course!!
Thanks. I did not quote the book directly but used my own words. It's definitely a great read, though the later chapters are really heavy, it takes some real system 2 focus to get through it.
Good question it's not easy. There are many public discords you may find out there and in those you might find 1 in 10 people you can relate with and learn from. I do have a small discord for the channel which I try to keep active in, there are only a few of us who are active. Feel free to join: discord.gg/dPt8mMac
Interesting video Chris i made a bad trading decision yesterday where for these reasons ( Screen Fatigue Greed fear and chasing losses) i totally broke my own rules and traded against the trending moving average which cost me 29 pips because i was trading with desperation and didnt pre set a stop loss. Rookie mistake, i believe sometimes the market will give you a run but mostly its a grind, we need to learn to trust tested historical price data and set future orders with a longer term view to take the intra day emotions out of the equation hardest thing to do when our monies on the line! always remember the trend is your friend!!! until it turns of course!!
Thank you for sharing and glad it could help.
Lol, that end was not expected. Good stuff Chris I enjoyed the content
Glad you enjoyed it!
that last point should be the main point, taking my bias into account
Parameters that throw off programmed auto trade indicators is related to Atr and volatility yes
love the broader based market content, did you take the quotes from the book "thinking fast vs slow"? xD
12:27 now you metioned the book, picked it up bc of you years ago - great book! ;)
Thanks. I did not quote the book directly but used my own words. It's definitely a great read, though the later chapters are really heavy, it takes some real system 2 focus to get through it.
Great concepts Chris. Thanks! 💯
Pleasure!
where do you find a group of fellow day traders who are actually serious about the craft, and not some wallstreetbets types??
Good question it's not easy. There are many public discords you may find out there and in those you might find 1 in 10 people you can relate with and learn from. I do have a small discord for the channel which I try to keep active in, there are only a few of us who are active. Feel free to join: discord.gg/dPt8mMac
do you read books, can you make a video on that if yes
Thanks for the suggestion, yes from time to time.
Where you from, Chris? Love your accent
A galaxy far far away
very helpful thank you
Glad it could help.