One of the biggest mistakes a trader can make is to neglect the aspect of risk management. In this video, I divulge the most pivotal lesson I’ve gleaned from my experience in trading. During the initial years of my trading journey, I disregarded the importance of risk management, which proved to be detrimental in a significant way. The watershed moment of my...
The trade plan is broken up into parts. We have an objective and consistent entry, stop, and exit plan. Here I will be talking about the exit plan and setting targets that will give you a particular risk/reward ratio. There are no absolutes when it comes to what risk/reward you should be aiming for, a lot has to do with how you handle risk and loss and your...
Trading forex? Stop gambling with your capital! This video exposes the massive mistake new traders make - using inconsistent lot sizes. It's a recipe for disaster, blowing accounts and crushing dreams.
But there's good news. Discover the secret weapon of successful traders: consistent lot sizing.
In this actionable video, you'll learn:
Why fluctuating lot sizes...
This is a deep dive into the concepts surrounding "Risk Management" and how to realistically model managing risk.
We will discuss:
Risk Units
Scaling in to positions at a one third risk unit increments
Raising stops
Taking profits
Closing/exiting the position.
Hey Traders here us a quick video that explains why money mangement is essential to trading success. Regardless of what level of trading education and experience you are this can benefit your trading. Without proper risk management it is very difficult if not impossible to protect your investment capital. Trading is a game of probabilities and in order to come out...
Watch this video as I go in depth on how to formulate or encompass Risk to reward and win to loss ration into your current trading along with difference between and my personal opinions on both in regards to how they should be used.
ENJOY!!!
Hello everyone:
Today I want to discuss the importance of higher time frame analysis.
Doesn't matter what type of trading strategy, method or style you use,
the higher time frame often will help us to strengthen our bias overall and give us a good perspective of the possible direction for the price to go.
In addition, it helps traders to avoid unnecessary...
lets review Risk On Risk Off Helpful simple process Spy VS Btc VS Dollar Dxy also Remember trading is risky .
Hi traders
over the past 28 years trading this correlation has been simple and helpful as an added barometer of assets movements that you can add and watch in your tradingview charts with no extra indicators.
Over time the dollar has always been...
Whatsup my friends
In this video I will be covering my risk:reward model and how I can use it to generate an edge in the market.
In this specific backtesting session, I used 0.5:2 risk:reward with TP at 4RR for every trade.
I got pretty good results - but remember this is simulated and it's easier to perform better.
However, don't take this type of training...
Hi everyone:
Today I want to make this educational video on how to calculate your risk/reward in trading and investing in the cryptocurrency market.
Many newcomers in the industry are not aware of the importance of risk management. So today let's give out different examples of them on how to properly calculate the $, %, and setting the SL/TP.
This video is...
Tribute Video to my 12000 Followers on Trading view.com
“Successful trading depends on the 3M`s – Mind, Method and Money. Money refers to how you manage your trading capital.“ – Alexander Elder
This Video I talk about Money management and tips.
Concept taken from Steve Burns @SJosephBurns article on Money management.
Risk Management: How to filter trading opportunities if multiple setups of the same currency pairs are presenting entries.
Hello everyone:
Today let’s take a look at how to filter trades if multiple opportunities shape up on the same currency pairs.
It's in our best interest to understand risk management. If there are trade setups shaping up for the JPY pairs...
There is a big lack of knowledge in this forex industry. Retail Trader always forget that we are in the Champion League here and that we need to have a lot of knowledge in order to succeed.
Key Elements are
- Trading Plan
- Strategy
- Money and Risk Management
Predicting the right direction of the forex pairs is not to 100% possible and not even necessary. The...
I compare SOXL returns with SOXX, SMH, and PSI, all ETFs in the semiconductor space.
CONCLUSIONS AND FINDINGS:
YTD 2021 SOXL has not provided any net benefit over it's peers. And if you use stop loss orders you've probably lost money on it due to its extreme volatility. Smaller quant ETF fund PSI is the better performer on most/all time horizons YTD or more...
Hello everyone:
Today let's dig into an important topic of setting a Take Profit (TP).
While many traders will often have different strategies and methods on a TP, let's take a look on my approach and style on this.
ITs important to understand there is no right or wrong when it comes to setting a TP.
ITs what you have in your plan and what makes sense to you...
Hi Fellow Traders
The greatest tool in your arsenal is your Risk/ Reward rules when evaluating the potential expencency and outcome of each scenario. By using this to protect your account it may help you to survive long enough to be profitable.
Risk/ reward is quite simple. If I risk $1 on a trade, I need to make on average $1.50 to be profitable. In other words,...
Brief video tutorial discussing entry strategies using support and resistance zones. How I produce support & Resistance zones can be learnt from the live stream recording HERE
With any trading indicator, it is vitally important to have a sensible entry strategy with entry, stop loss and enough risk to reward to the next support or resistance zone. It is also...
