How to Use the 5-Minute Candle Theory in Your Trading Plan

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  • Опубліковано 21 вер 2024

КОМЕНТАРІ • 195

  • @Stockstotrade
    @Stockstotrade  3 роки тому +3

    Ready to learn more? Check out the SteadyTrade Team: stockstotrade.info/3BglK0Y
    What goes into your trading plans? How do you use the 5-minute candle theory? Drop a comment.

  • @chrisbaez9621
    @chrisbaez9621 3 роки тому +11

    Oh yes I’ve been up $100-300 but over stayed and lost $50-200 but I’m learning so much I appreciate all of the STT team for your dedication

  • @alexanderthegreat_CarGuy
    @alexanderthegreat_CarGuy 3 роки тому +8

    You are so right brother. RNAZ sitting at $2.64 currently. - I’ve turned winners into losers more times than I can count especially when I was brand new. - Thanks so much for all the great advice. This education should cost all of us thousands of dollars to to learn you are a great man Tim. Thank you for all you do. God bless my brother.

    • @OO-nm5kq
      @OO-nm5kq 3 роки тому

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  • @eds4367
    @eds4367 3 роки тому +5

    It's trading at $2.67 as I write this. I have made a few winners into losers by doing exactly what you mentioned here. It's up and going higher then it drops, bummer but it will come back, it will come back, it will come back then I'm red and didn't have a stop so kept saying, it wil, it will, it will but it never did. Have learned a lot and plenty more to learn. Have gotten about an $1,100 dollar lesson with a few that I did that with. Better days are coming! Really appreciate your sharing your vast amount of knowledge on this and love your enthusiasum and the way you present it. Direct and to the point.

  • @ericschwarm272
    @ericschwarm272 Місяць тому +1

    This was perfect timing of what I've been dealing with lately. Not knowing when to exit and recognizing the momentum shift and then taking a BIG loss

  • @TrueGladiador
    @TrueGladiador 2 роки тому +1

    I've done this mistake, over, over and over so many times and cost me a lot of money!!! Thank you for always given back. God bless my friend..

  • @chrisborden5101
    @chrisborden5101 3 роки тому +1

    This is my biggest flaw over the last week. Was up $1500 today and by the end of the trade I sold for a loss of $300. Thank you for the tip and advice. See you in the morning.

    • @OO-nm5kq
      @OO-nm5kq 3 роки тому

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  • @IsaiahVerseRailfanning
    @IsaiahVerseRailfanning 3 місяці тому +1

    Thanks for the practical tip, Tim....and the RNAZ stock is at $1.42 as of 6-5-24

  • @jobeethomas5642
    @jobeethomas5642 2 місяці тому +1

    Love your teaching, nice

    • @Stockstotrade
      @Stockstotrade  2 місяці тому

      thank you! what was your favorite lesson

  • @TrueGladiador
    @TrueGladiador 2 роки тому +2

    Thank you Tim!! Thank you for all of your free valuable content 🙏🏽🙏🏽🙏🏽

  • @davedeniston
    @davedeniston 5 місяців тому +1

    Thanks Tim,
    I can relate to loosing nice gains. Now thanks to you l
    Have red flag for a sell signal.

  • @justhenormusic
    @justhenormusic Рік тому +2

    thanks Tim you're a realone!! love your passion for teaching and helping us avoid the common mistakes!

  • @Toughdog773
    @Toughdog773 3 роки тому +1

    One of my favorite STT videos🙏🏼

  • @kennethearly6722
    @kennethearly6722 3 роки тому +1

    Way to many times I've turned winners into losers. Learning what not to do. Traded ALPP today and pulled $285.00 Don't want to bag hold anyticker anymore.

    • @OO-nm5kq
      @OO-nm5kq 3 роки тому

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  • @shayneeaton4285
    @shayneeaton4285 3 роки тому +1

    Tim , Thank You for caring as much as you do you are A relentless giver I catch pre market prep every morning feel like I'm In boot camp sometimes. I know your tough on us for a good reason. Because the other traders will happily take our money for making it easy with stupid mistakes. Your there to help us along (out of the kindness of your heart I might add) when times get tough. I know It could be easy to walk away with some of the crazy Questions we ask. I just want to tell You that I appreciate every thing you do for us especially the kick in the ass when we need it . Thank You Sir.

    • @OO-yp3ty
      @OO-yp3ty 3 роки тому

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  • @double5nickel5
    @double5nickel5 Рік тому

    This is quality information. I'm ecstatic to have my lifetime membership. I just started, up $100 first week. Made some mistakes but still to the upside. I'm learning all of the things I've done wrong and how to correct them. This is the real deal. These guys are bona-fide.

  • @kylewonner6856
    @kylewonner6856 3 роки тому +3

    Awesome lesson and explanation Tim Bohen, it's much appreciated

    • @OO-yp3ty
      @OO-yp3ty 3 роки тому

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  • @dannyhardwick40
    @dannyhardwick40 Рік тому +1

    Thanks MUCH Tim Bohen, I'm learning everyday

  • @pattrader6419
    @pattrader6419 2 роки тому

    Trading at $2.75 on 10/8 Tim.... thanks...just lost a profitable trade for exact reason of your video $ziop sucks , was up
    .21 target was .35 didn't sell any!!! Lol...learned lesson!

  • @hawkeyehowardinvesting3530
    @hawkeyehowardinvesting3530 3 місяці тому +1

    Great video!! You’re definitely telling the truth!! I’m learning to get humble, take my winnings and get out!

  • @ginacervi
    @ginacervi 2 роки тому +1

    Extremely helpful info. Thanks Tim

  • @TripleCCC2024
    @TripleCCC2024 8 місяців тому +1

    Too many times, turning a winner into a loser. Learned that one the hard way. Thanks for the education

  • @danechowning8901
    @danechowning8901 Рік тому +1

    Thank u Tim B I'm so grateful for all of your help and video I'm learning

  • @parichardkb
    @parichardkb Рік тому +1

    This is super valuable, I have given back 3.5k in 2 weeks because of this very thing!!!!! ❤

  • @herotrader3976
    @herotrader3976 3 роки тому +1

    Nothing but TRUTH Brother!

  • @714l
    @714l Рік тому +1

    i appreciate your help, thats some good stuff.. i would rather have one in my hand as two in a basket

  • @ricrdomnzo4595
    @ricrdomnzo4595 2 роки тому

    trading at 2.85 today, thank you for all the very useful information!

  • @robmclaughlin420
    @robmclaughlin420 Рік тому +1

    really good advice even a year later

  • @double5nickel5
    @double5nickel5 2 місяці тому

    This morning i was up 75 ended up with 10. This helps a lot. Thanks Tim.

  • @osiobe14
    @osiobe14 2 роки тому

    That is me for sure, always turning winners into losers or break even trade cos of greed. Thanks for this video Tim

  • @walterlee1345
    @walterlee1345 2 роки тому +1

    Just came across this video, great learning video. Checked what it’s trading at, it closed 5/25/22 trading at $1.85

  • @takecare4697
    @takecare4697 Рік тому +1

    So far once, AMAM last week. Thanks

  • @brw1976
    @brw1976 3 роки тому +3

    I've been wanting to ask if I'm missing important trend using one minute candle vs 5 minutes. Thanks Tim!

    • @OO-yp3ty
      @OO-yp3ty 3 роки тому

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  • @dubdub85
    @dubdub85 2 роки тому

    I'm getting better Tim! I stopped trying to day trade every day. Switched from a cash account to a margin account, putting myself under the PDT. That has forced me to swing trade more and pick my day trades more wisely!! BTW this stock is at $2.95 as of closing bell yesterday.

  • @FluteLoveMeditation
    @FluteLoveMeditation 3 роки тому

    Protect, Protect, Protect.. Risk management is what it takes to survive the battlefield. Great lesson!

    • @OO-nm5kq
      @OO-nm5kq 3 роки тому

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  • @ratnakarki2682
    @ratnakarki2682 4 місяці тому +1

    Nice instruction

  • @randycholach8571
    @randycholach8571 2 роки тому +1

    Thx Tim I need to pay attention to this more often.

  • @dannyhardwick40
    @dannyhardwick40 Рік тому +1

    Second time around still great video, enjoyed it

  • @keepinmemory9730
    @keepinmemory9730 2 роки тому +1

    Tim, thank yo so much for your knowledge. i feel you are sincere. I would love to have a course with you

  • @letsgoooo8006
    @letsgoooo8006 3 місяці тому

    Thanks Tim!! 💪

  • @marcossilveira5999
    @marcossilveira5999 3 роки тому

    As i watch this video is around $2.90 and is so true100% as a beginner we try to push squeeze a extra dollar and end up giving back i m 8-1 in the last couple days playing with my 3 accounts its only $15-25 but its adding up thanks to u Tim yelling on the prep in the morning😂😂

  • @RahginiJackson
    @RahginiJackson Рік тому +1

    Thanks for showing a 5 minute chart, this is one i didn't learn. 🎉

  • @Bill-up5vi
    @Bill-up5vi 2 роки тому

    Good one thanks bro

  • @The_Improvement_Initiative
    @The_Improvement_Initiative Рік тому +1

    Great video ! Great tool to preserve our gain

  • @Jrosanova1990
    @Jrosanova1990 3 роки тому

    Sitting @ 2.58 right now Tim! You called it!

    • @OO-nm5kq
      @OO-nm5kq 3 роки тому

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  • @DJTrapillac
    @DJTrapillac 2 роки тому

    Nice Vid. paper traded IMMX today premarket gapper had news FDA approval, i think. low float and with 1mil volume on the open. halts. i wait for 10 minutes i get fomo and buy in then it just tanks from 8.68. to 7.30. lost $1600. ended up scalping CELZ for about 1hr for $600 ... think i might just skip the first 10 minutes of the open for now and then scalp.

  • @destiny9446
    @destiny9446 2 роки тому

    Very good video lession

  • @bernietoempower
    @bernietoempower Рік тому

    a lot of losers because of not getting out when I was showing money in the bag great video

  • @double5nickel5
    @double5nickel5 Рік тому

    RNAZ at a steaming $.11 above a 52 week low @ .3990. Love them 52 week lows.

  • @Nicole11773
    @Nicole11773 2 роки тому

    Thanks for the video, just learning but this makes so much sense!

  • @einsteinwallah2
    @einsteinwallah2 2 роки тому

    you could use statistics here ... like student;s t based z score for last observation ... if it is high negative time to exit ... observation can be log ratio of closing on a candle over previous candle closing

  • @keepinmemory9730
    @keepinmemory9730 3 роки тому

    Thank you so much for sharing your knowledge.

  • @billonthehill979
    @billonthehill979 3 роки тому

    Might be because where I am at in the learning process but this video gave me so much insight into so many questions I've had. Very practical and useful! Thanks Tim and STT for putting this 1 out there!

    • @OO-yp3ty
      @OO-yp3ty 3 роки тому

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  • @alphaomega6497
    @alphaomega6497 2 роки тому

    Great video!! just hit the sub!!!!!

  • @john.johnb_online1438
    @john.johnb_online1438 2 місяці тому +1

    Thank u

  • @jasondratman5584
    @jasondratman5584 2 роки тому +1

    Awesome video.. wish I could find winners .. the current market is tough ..would love to know what setups we should be looking for today? Thanks

    • @Stockstotrade
      @Stockstotrade  2 роки тому

      Join Tim's pre market prep daily: marketprophesy.com?SIy77S

  • @davidsancho7545
    @davidsancho7545 2 роки тому

    Hello Tim, but why risk 3.30 because is the low of the day?Thank you.

  • @ryanwilliams1651
    @ryanwilliams1651 2 роки тому

    Thank you for the insight. Crashed my account in 2016.... looking to try again.

  • @carlosapalaciosjr7184
    @carlosapalaciosjr7184 2 роки тому

    great video sir! i forgot how many times i have done that, turn winning trades into a losing one! thank you! by the way the ticker is at 2.79 as i write this comment

  • @walterlee1345
    @walterlee1345 2 роки тому +1

    😞 More times than I realized until now! I’m learning

  • @jackrennert6243
    @jackrennert6243 2 роки тому

    Thanks Tim, love your videos

  • @4everyoung2010
    @4everyoung2010 2 роки тому

    Hi Tim, thanks for the info on 5 min candles and RNAZ is now at 2.75 10/8/21

  • @redcrosswire4391
    @redcrosswire4391 3 роки тому +1

    Thanks Tim. "Don't be a TRUE believer"👍😉

    • @OO-yp3ty
      @OO-yp3ty 3 роки тому

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  • @codyortiz4285
    @codyortiz4285 2 місяці тому +1

    So are you saying to use the 5 min candle theory JUST for dip and rips, or for all setups?

    • @Stockstotrade
      @Stockstotrade  2 місяці тому

      study harddd! check out our resources!

  • @ssmutek
    @ssmutek 3 роки тому +36

    Siempre le haré saber a cualquiera que olvide las predicciones y comience a obtener buenas ganancias ahora porque las valoraciones futuras son todas especulaciones y conjeturas.El mercado es muy inestable y no se puede saber si se está volviendo bajista o alcista. de hacer una pérdida, otros están siendo pacientes para que el precio se dispare. Todo depende del patrón que sigas Pude hacer 9 bTC en solo septiembre al implementar intercambios con consejos e información de Wendy Patricks.

    • @jasmibustamante5806
      @jasmibustamante5806 3 роки тому

      Realmente disfruté la oportunidad de trabajar de cerca con ella en los últimos meses.

    • @hildredvanostrand9711
      @hildredvanostrand9711 3 роки тому

      El comercio bien capturado ofrece una vía para ganar, en medio del drama con mi criptografía favorita. Tengo una cuenta comercial personal en Bitcoin eth y xrp.

    • @daringregor5674
      @daringregor5674 3 роки тому

      Soy nuevo en el comercio de criptomonedas, me interesan sus señales.

    • @wendypatricks7983
      @wendypatricks7983 3 роки тому

      telegram ☝🏻

    • @vickeyfidel1123
      @vickeyfidel1123 3 роки тому

      La mejor sensación es saber que obtendrás ganancias hoy y mañana, y estás 100% seguro, Wendy, eres un genio.

  • @Zdravlje_i_Znanost
    @Zdravlje_i_Znanost 2 роки тому

    Tnx sir on great video. We noobs need videos like this one. 🍻

  • @mercotsingh5289
    @mercotsingh5289 3 роки тому

    Great content..

    • @OO-nm5kq
      @OO-nm5kq 3 роки тому

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  • @gajendramehta7877
    @gajendramehta7877 2 роки тому

    thanks for the lesson.

  • @franciscosanchez3153
    @franciscosanchez3153 3 роки тому

    Very good point and learning video tks!!!

    • @OO-nm5kq
      @OO-nm5kq 3 роки тому

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  • @cavinderremodelingandconsu8581

    As I’m watching this video it’s at .35 lol

  • @aaronmizell
    @aaronmizell 3 роки тому

    Thanks Tim!

    • @OO-nm5kq
      @OO-nm5kq 3 роки тому

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  • @omriamos
    @omriamos 3 роки тому

    10:50 - October 6 - RNAZ back to the 2.50s lol

  • @emerparkinson349
    @emerparkinson349 2 роки тому

    yes trading today 27th October $2.88

  • @jacktsang769
    @jacktsang769 3 роки тому

    Yes very useful information.

    • @OO-nm5kq
      @OO-nm5kq 3 роки тому

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  • @rtony209
    @rtony209 2 роки тому

    The 5 minute chart I use with vwap and longing I look for a nice distance from price to the line of vwap

  • @robertpriest3808
    @robertpriest3808 3 роки тому

    I don’t even want to admit how many times I turned a winner into a loser because I got greedy. That was a while ago, I have controlled my greed lately( not saying that I won’t get greedy again) and things have been better since.

    • @OO-nm5kq
      @OO-nm5kq 3 роки тому

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  • @EvanEvansE3
    @EvanEvansE3 2 роки тому

    At what minute during the 5-minute red candle formation do you commit to it being a red 5-minute candle and exit?

  • @IsaiahVerseMusic
    @IsaiahVerseMusic Місяць тому

    Worst =/- day of trading so far. What makes matters worse is that I turned a couple of winners into losers today, due to backing from the laptop instead of keeping a defensive eye out for potential 5-min candles. I'm here...again...because I was admittedly chasing greens (and even some "breaking news" today) at times, instead of letting the play develop.

  • @barbodell
    @barbodell Рік тому

    RNAZ 4-7-2023 .37 cents end of session

  • @kaydenhogan8748
    @kaydenhogan8748 2 роки тому

    Tim, I think you were talking about me. Every time I lost my gain because I am greedy.

  • @double5nickel5
    @double5nickel5 Рік тому

    Like my Uncle Jon used to say, "never underestimate the power of a penny."

  • @Bill-up5vi
    @Bill-up5vi 2 роки тому

    Trade 3.33

  • @louisarmdong
    @louisarmdong 3 роки тому +1

    Good stuff

  • @TommioRS
    @TommioRS 3 роки тому

    Great video!

    • @OO-nm5kq
      @OO-nm5kq 3 роки тому

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  • @brianrangel8665
    @brianrangel8665 Рік тому +1

    .392 cents Good video TB

  • @Bill-up5vi
    @Bill-up5vi 2 роки тому

    You forget the rants on PMP lol 😂

  • @kawi4ev
    @kawi4ev 3 роки тому

    when are you exactly buying? I didn't see where you bought this stock.

    • @OO-nm5kq
      @OO-nm5kq 3 роки тому

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  • @BubbaStyIIIe
    @BubbaStyIIIe 3 роки тому

    Gold right here this is actually very similar to my trading plan except more so on the 1 minute.

    • @OO-nm5kq
      @OO-nm5kq 3 роки тому

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  • @TraderTonyMNLLC
    @TraderTonyMNLLC Рік тому

    RNAZ is trading at 2.78 down more than 5 bucks in three months

  • @brucedouglas521
    @brucedouglas521 12 днів тому +2

    Tim, .25 a share. LOL

  • @jackrennert6243
    @jackrennert6243 2 роки тому

    October 8.$2.75

  • @beAdeodatus
    @beAdeodatus 3 роки тому +1

    It’s October 6. Share price $2.6708

    • @OO-yp3ty
      @OO-yp3ty 3 роки тому

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  • @eytanme1
    @eytanme1 2 роки тому

    What about forex

  • @robmclaughlin420
    @robmclaughlin420 Рік тому

    RNAZ is at .26 cents today when I saw this. 5/22/2023

  • @yotojojo522
    @yotojojo522 2 роки тому

    I lost 30 % today in CEI. I hate it so bad.

  • @DavidHunter-f1g
    @DavidHunter-f1g 2 місяці тому

    RNAZ is trading at .93 7/18/2024

  • @RecepKaraman-ir5mq
    @RecepKaraman-ir5mq 9 місяців тому

    It is 0.16 now😄

  • @Clearview718
    @Clearview718 Рік тому

    i know this video is old but i've had profits and very nice trades turn into breakeven or even losers way too many times. All because i didnt A: Got greedy and overstayed and B: didnt respect my profit target and turn on me and C just flatt out not even having a clear profit target period. And honestly having a nice profit turn into a loser is worst feeling than just losing right away.

  • @AArmistead1
    @AArmistead1 2 роки тому

    its trading at &2.73

  • @Jrosanova1990
    @Jrosanova1990 3 роки тому

    Can somebody comment a link to the EBook please?

    • @OO-nm5kq
      @OO-nm5kq 3 роки тому

      +①⑨①⑧④⓪①⓪③④⑨
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