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I have reviewed 150+ traders' journal, here's 5 common mistakes to fix to become a better trader. 

Neoh Yong
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DISCLAIMER
Please do your own effort in doing research and learning proper way to day trade. Every information here is for educational and information purposes only. Past performance does not indicate future results, we also do not guarantee any particular outcome. We are not a licensed financial advisor.

Опубликовано:

 

19 сен 2024

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Комментарии : 8   
@choonlengtan3693
@choonlengtan3693 2 дня назад
Thanks for the sharing. Learning so much from this channel after joining for just a few days only 🙏 appreciate it!
@Kode.X237
@Kode.X237 2 дня назад
Your consistency even shows through your content 💯 appreciate you brother all the way from South Africa
@SigurdRagnarsson-r7s
@SigurdRagnarsson-r7s День назад
Neoh you're looking fresh with that haircut. I'll get one too. Topic wise, history repeats itself, that is why journaling is very crucial. For me personally, my experience on journaling is, I don't look at my past trades often. I just review once or twice a month, because most of the time I don't see the errors of my trade clearly if I make an immediate review. Also it's extremely boring, but it's the only way for me to track past trades and improve properly. From my experience, it is best to make your own journal system. It is important that you understand how your journal works.
@jtrades_
@jtrades_ День назад
W
@MikeWick718
@MikeWick718 День назад
Thank you! Can you make a video on proper entry signals and what a proper entry setup should look like? Thank you 🙏 I feel like I have most of the needed skills (psychology, risk management, position size, journaling, etc) smoothed out except proper entry timing… in the last 30 days my winners/losers is 3 / 1 but my profit factor is 0.95 and win rate is 27%. My theory is I’m either NOT taking the absolute near ideal “A+ setups” or my timing is off, I’m either too early or too late. I can see based on stats that when my win rate % increases everything with it improves. Any advice is always so appreciated. Thank you again for all that you share ❤
@neohyongofficial
@neohyongofficial День назад
@@MikeWick718 try widening your SL and focus on entering at major level. That will immediately improve your strike rate.
@MikeWick718
@MikeWick718 День назад
@@neohyongofficial I start every trade with a -15% stop loss and adjust it based on recent 5min candles / support. Sometimes it’ll be as wide as 20-25%. Based on what I’ve read I think that’s the max recommended SL range? I do think I was likely buying in the wrong areas and not at major levels. I will take your advice and try to stay more disciplined when it comes to buying at the correct demand/supply levels.
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