In my opinion, there is no need to hold through a draw down. Exit the trade that goes against you, and place an order at your original entry in case price comes back up to that level. Why sit there at look at a negative PnL HOPING the trade will turn around? Check out the video example.
Hello everyone: In this video I went over my recent trade on EURUSD short. What is my analysis behind it, and what is my management plan. I also explained what I see in EURUSD in the up coming weeks, what are some possible scenarios that we can expect from the market. In addition, I use this chance to talk about trading personality and style on trade...
Hi everyone: Many traders have asked me to give a more in depth look into what a typical setup that I would be looking for, what are some possible entries that I will take. So I figure I will make an educational video and analysis breakdown on a few trades that fits my trading plan, risk management, and trading strategies/style. I will go over 3 setups/entries...
Risk Management: How to Enter and set SL and TP for an impulse move in the market ? Hello everyone: Here is an educational video on how to enter and set SL and potential TP for an impulse move in the market. I will go over the different entries you can enter to capture the move, and I will also go over Risk Management at the end since it works interrelated...
Hello everyone: In this educational video, I will go over how to identify valid, high probability price action structures/patterns in any market. I will go through price action structures/patterns from a multi-time frame analysis point of view, and how using a top down approach will help you to understand how to capitalize on higher time frame price action...
Was just playing around with the replay function in Trading View and thought I'd share this to show how the SuperTrail indicator worked on a couple of different stocks. The SuperTrail is basically a modified SuperTrend but instead uses a percentage to allow you to manually set the trail level for individual stocks. Some need a wider trail, some a smaller one....
Hello everyone: Here I make a video on my take on what a trading plan is, and how it will help you to become a better, consistent trader over time. I will include the general topic on what is in my current trading plan, and what works for me to include in them. The general topics I have in my trading plan: Personal Goals, Mindset, Changes Trading...
Hello everyone: In this quick video I will go over the infamous emotion of fear of missing out in trading. I will explain why traders will go through this emotion process over and over again, and what their thought process behind it. I will then share my experiences on how to deal with it, and provide some tips on how to eliminate this type of thinking...
This is a tips about quickly placing order under 1% risk. Hope you guys enjoy it.
This video explains how to effectively trade plan to limit your risk and to maximize your gains. When it comes to Risk Management and Trade Planning, it's important to maintain a clear mind about the possibility of the asset your assessing going in either bullish or bearish direction. Furthermore, this video explains some ideas on how and where to place stop...
Hello everyone: Here to do a quick educational video on how I do backtesting in trading. I will utilize tradingview’s replay function and go over briefly on how I use it. I will also explain the benefits of doing backtesting. How it will strengthen a trader’s mindset and analysis. Key Concept on Backtesting: -Doesn't matter what trading...
Hi traders: Here to present a quick video on the psychological mindset on revenge trading. Why all traders have experienced something similar in the past, and why traders give up on trading due to this behavior. Thank you
Hello everyone: Here I want to discuss risk management in my trading plan. This is usually a topic that is going to have different opinions/debates on, so I will just focus on my own plan only. Not here to claim my is the best or others don't work. I will also touch based on entry, SL, TP, and how it varies from traders to traders based on their style,...
Hello traders, it is worth looking at the psychological problem that appears during this tough time and that´s: "Trade what you see, not what you think" Many traders forget about their trading plan and try to change the rules to adapt to the current situation. The problem is, that nobody knows, what will happen tomorrow, in a week or month. Markets...
This video is made for "Price Change Rate by Pivot Points - Dynamic" script that I am publishing. by using this script will be able to see price changes by Pivot Points.
Hello traders Let me highlight what the BEST Trade Manager can do for you. The Trade Manager adds another layer to your own systems, enabling custom user-defined stop-loss/take-profits and real-time analysis with risk-to-reward ratios. We made it as such the visual rendering is also very nice on mobile devices. Reviewing: - How to connect your own...
Making Such Types of Decisions Should Always Be Planned Beforehand Based On Your Education.
Hello traders. In this Educational video I will talk about Position Sizing in trading. You know as a trader that the first part that you have to do when you're ready to get into a trade is how much you are willing to risk per trade. Position sizing refers to the number of units invested in a particular security by an investor or trader. An investor's account size...