If not for your channel, I’d have quit trading. Thank you. Two things I did based on your steps is the journal and the stop loss. And when I review the day looking back, I only reveal one candle at a time as I move through the review. That way I can redo it mentally without ‘knowing’ the next bar, just like in live trading. So again, I’ve watched many trading channels and you are the BEST.
Thank you, these rules are really helpfull, cause I sometimes catch myself doing alot of trades in 1 day forcing and often FOMO. I have some good results in reversals trading now after I found your channel! Wish you the best Riley!
Thanks for your mentoring. I am new to day trading but after watching several of your videos, I think I can do this well after 6 months. This particular video is one of the most illuminating and I plan to master your strategy. I never tried to learn about option trading until 2 weeks ago and plan to absorb and digest as much information as I can in the next few weeks. Thank you.
Everyone starting out def watch, pay close attention, then learn more about everything in this video. Would have saved me a lot of time and even some money if I had found a video like this when I first started. Most likey will end up here if you become successful anyway...might as well as just start learning the good habits from the start. Save yourself some time and money super simple by doing this.
Hi brother. I learnt a lot from you... so thanks a lottt. You mentioned a risk calculator somewhere i cant find the video now. Can you plz suggest a position sizer/risk calculator for mt4. Regards
Riley, love your channel. Been following you for years and always thought you were smart and make great decisions. Just one point I agree with you on the time frames but I also check the larger picture daily's 4 hours. Maybe to see if that also is going in the direction I'm looking to go then. The trade has a very very good possibility
*Great video explaining all these points Riley and thanks! I now know not to jump into some of the good trades late anymore to get bitten. It happened a few times and it sucks, especially when not even a 2R works, without it having to go all the way down to the previous support on a short trade.*
Hey, First off, Thanks a ton You helped me break even with your videos. I wanna continue this winning streak but. I have a few questions. 1) How long after getting into a trade does it feel like its going nowhere till it starts going somewhere? And how do you stop panicing till it starts moving.? 2)My strategy has worked with a 90% win rate with a risk:reward of 1:3 on my demo acount.But when I switch to the real thing , the spread messes me up. How can minimize the effect that the spread has on my strategy? Tried switching to a higher timeframe . but it only helped marginally. Any help is much appreciated . Thanks in advance
Riley.. I’m terrible at spreadsheets. Do you have very clear and easy to understand videos to walk us though your trading journal? I’m interested in purchasing if video tutorials are available. Thanks
Hello, I have a question...and it is a serious one and not a mean one. If you are doing thousands of money from trading, 90 min per day, why do you still have a job?...at least this is my understanding. That you are usually trading in the morning, before going to your regular job.
How do I find something to trade with a small account? Spy seems to move on opening and be chop most of the time. I have to do ATM or deeper to get anything out of it.
@krtkmz0728 sorry to hear that you are struggling. I feel your pain, I'm down about $5K across both my accounts. I've gone back and forth to throw in the towel or keep trying. I'm paper trading again and focusing on good habits. I'm not sure how it will play out, but if you take small baby steps and be patient as you learn, I believe the upside is high!