The 10-Minute Talk That EVERY Trader Needs to Hear

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Learn How to Become a Better Day Trader
In no way is day trading stocks easy. That said, as a beginner trader, you can learn from the mistakes of others and save a lot of money. At Investors Underground, we teach traders to refine their trading strategies and maximize their potential to make money in the stock market. While this is not a science, we rely on certain principles to add more structure to the seemingly chaotic markets.
Technical Analysis and Chart Reading
We utilize pattern recognition strategies to create high probability trading opportunities. By analyzing stock charts and market data, we can take the emotion out of day trading and increase our odds of making money in the markets. These concepts are discussed in-depth in our educational trading courses.

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6 сен 2018

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Комментарии : 752

@investorsunderground 4 года назад

Free beginners trading guide: www.investorsunderground.com/beginners-day-trading-guide

@dannginya2504 3 года назад

I love it

@vinniemartin7429 2 года назад

Hola

@niicharway 2 года назад

Whats his name

@kunal_KB 3 года назад

1. Bet on winning set ups. 2. Don't play on Boredom Trades. 3.Never add to losing trade (it's going against you for a reason) 4.Take profits on winning trades. (Partial atleast) 5.Always trade with free and clear mind. 6.Dont revenge trade (when you feel obligated to make money) 7. Cut losses

@snasndasdnjkas 3 года назад

8. Walk when presenting.

@adventurejay545 3 года назад

Thank you!

@JayStudda 3 года назад

@@snasndasdnjkas keeps the brain moving.. I do it all the time on the phone specifically when negotiating 💡

@KingJT80 3 года назад

9. add on to winners 10. profit factor rules everything in profitability. not win percentages

@sirt8684 3 года назад

My own golden rule of the investing game.... Don't trust anyone in the investing game.. DYOR.

@zolbayar Год назад

Basically, every trader who watched this kind of video knows these things. It's not about hearing or reading them. It's about letting them be ingrained into your mindset by repetition.

@youcefassou1592 2 месяца назад

You can't say to someone you are drunk as he doesn't think so , he has to experience the hangover to realise the action done. Sometimes only sometimes I think we are gamblers with different name called Traders😅

@zolbayar 2 месяца назад

@@youcefassou1592 Cool. But how's that related to my comment? 🤔😅

@KudosForYou Месяц назад

@@zolbayar what he means is sometimes other than repetition, experiencing the pain / the consequences first hand, will ingrain those lessons in your mind also because of the trauma that you won't forget haha

@edward_adame 4 года назад

Yes this mans a trader. He won’t stop moving

@ansonproduction95 4 года назад

hahahha

@aHeoSuaXongDzoLu 4 года назад

lol

@hugodutoit3469 4 года назад

He moves around like a volatile market on a Monday

@lechuga777lechuga 4 года назад

I wonder what his EMA on that stage is.....lol

@juddyville2487 3 года назад

😂😂😂😂

@ewanliu2716 5 лет назад

His walking path is like a stock that is trading in ranges, you think its easy to predict but it's not. I tried to put bets on where he'd stop and reverse. I failed big time.

@Mithorium 4 года назад

Should have opened an iron condor, as long as he ends up somewhere on the stage you win

@kub1353 4 года назад

Haha

@aboueid893 4 года назад

Hahahhhhhhh

@potatochipappi 4 года назад

But once he crosses the mic...it's a buy signal

@alanv3185 4 года назад

He bounces off the SMA and after he reaches the top he bounces back down off the top VWAP

@juicebys 5 лет назад

Awesome advice....I've learned this information the hard way losing a 5k account. Taken me 6 months later to start again using my own set ups and not watching guru's and chat rooms. Past 4 months I'm averaging 58.6% win rate. Learning curve has improved and continues...

@Energizer720 5 лет назад

Scotty S what is your strategy? Cause my dipbuys always trigger my stoploss before i make a huge win

@ethanrichards8434 5 лет назад

@@Energizer720 buying the dip is a bad strategy and only works in major bull trends

@SSToor 5 лет назад

@@Energizer720 what you expect to make 20% each time, trade for 2% each day with a 1% stopped, please don't but the bottom, buy someone thing that is going up

@Alexander-vu6fw 4 года назад

Steven ZJ this will solve your issue.... When your stop loss is triggered close A PORTION of your position... Example: Your long 100 shares...it hits your stop loss close 75-80 shares and leave the rest From here you will need to track how many trades ACTUALLY go for you when you believe the thoughts you just mentioned.. Maybe you find out that only 30% of your trades actually go into profit and 70% of your trades continues losing money and stopping it out was the best decision It's important to have proof ..not just feelings or it seems like... I went down that road ...then I started to track all THESE ideas and found many that I thought ...were actually false

@adityamittal123 4 года назад

@@Alexander-vu6fw Awesome,That is seriously a very good advice that I am going to implement.

@ank13031992 5 лет назад

Study your loss much more than technical analysis. Then ,Apply mathematical rule to money management for tackling loss. Key to success.

@zaabknow 2 года назад

Can you elaborate more bro...

@csselement 4 года назад

Simple to learn; a lifetime to master

@corporateraider9766 4 года назад

Trust me traders, if one loss is enough to blow up weeks or months of your wins then your risk management is shittier than Bixby

@VenkatRamakrishnan5 2 года назад

any idea to maintain risk management

@pavanKumar-nb6xk 9 месяцев назад

Have a strict stop loss and once hit close the system , assess how much you can risk/ trade. Afford to risk only the capital which you can afford to lose. Plan only 1 percent risk per trade of your capital, set your position sizing based on this

@rahulthukaram 5 лет назад

I feel sorry for the cameraman😥🤣

@mamor8292 5 лет назад

LOL LOL

@ChrisWill 5 лет назад

As a camera operator I can say that yes, going back and forth isn't as easy as babysitting a locked shot. If I'm directing this kind of thing and the presenter won't stay still I would just tell the CamOp to frame head-to-toe because moving back and forth is distracting, when really, it's what they're saying that's important, less the picture. You think this is crazy but imagine shooting sports!

@Princeofpeace101 5 лет назад

lol

@itsyounmesweetie 5 лет назад

Not as bad as ice skating, but yes it's annoying as a camera person, (as I have done, along with follow spot.) And offen the speaker thinks it's motivational to move so much but their nervous pacing is really just distracting!

@sheepleslayer586 5 лет назад

This is what they get paid to do. I feel no sorrows lol being annoyed is part of the job.

@veliem3935 4 года назад

If I can offer my 2 cents, Never trade when you high or have a hangover NEVER.. Awesome video

@veliem3935 4 года назад

@R F eish can't wait for that day where I can trade for a living ... But weed makes me see things that are not there so I just learned to smoke on weekends😂😂😂🤦🏾‍♀️

@masonwhiteley3463 4 года назад

R F 95% be like

@bryantbett10 4 года назад

Exactly why casinos do offer free drinks, because you tend to be sloppy when high hence likely to gamble more and more

@blu6806 4 года назад

R F hey, what setups do you trade? im in high school rn, looking to start day trading stocks for a living, would greatly appreciate any help :)

@masonwhiteley3463 4 года назад

Black Teddy don’t trade on TOS. That platform lost me a lot of dough

@cortchase5591 3 года назад

Ya know, I've been trading for 5 months and have read books, watched countless videos, enrolled in training and they all teach the exact same thing. Everything he said is 100% correct. It seems so easy when you hear it. Follow rules. Never deviate, etc... Why can't I just follow the rules!? I am getting better. I am learning to judge my trading day not on profits but on how closely I followed my rules, no matter the outcome.

@khirshad 3 года назад

What u said is correct..

@Spvceman333 2 года назад

Gotta learn to not think like the usual retail trader or that’s how you get got every time. Need to be able to identify manipulation, order blocks, liquidity grabs, etc. I personally only trade metals, I know gold and silver chart like the back of my hand. Master a certain pair and it will be much easier. All you need is 100 pips a day.

@bencairns1517 2 года назад

How are you getting on with it now ?

@teezy1071 2 года назад

how has it been bro

@kroanosm617 Год назад

@@teezy1071 He flipped the off switch after losing everything.

@buyfromsavage_inhabitantx1971 4 года назад

i've started listening to this daily to remind me to stop trading like an idiot lol , my trades have been more successful since i saw this video thanks a lot

@hendrickjohnson323 3 года назад

i havent found it easy trading on my own i think still need to increase my trading patience and disciple i can only hope for changes

@celinasharon4464 3 года назад

how does a rookie like me figure all this out i saw this video as an add and decided to take a look i am glad i did pretty intrigued but have no knowledge about this

@johnnydub237 4 года назад

Literally the best trading information summarized in 10 minutes.

@MFXCenter786 4 года назад

Very useful and very precise. Love this channel

@backcountryexplorer552 5 лет назад

Thanks. Sounded like he was talking about me. Rules are a must.

@musandlovu2311 5 лет назад

Easier said than done

@christsangaris Год назад

Ive watch so many trading psychology videos and this guy has such clear words of wisdom in the shortest time

@iPlayiOS 4 года назад

Love how quick he was to say “You’re wrongly shortly after 8:37 No reason to overthink a losing trade. Sometimes unpredictable things happen, but heavy majority of the time - it’s because you were wrong. Really liked this speaker’s pacing too. Lot of good info & reminders in a short 10 minutes!

@MCR123321 5 лет назад

Solid advice. Without rules we're just tossed with the waves of the charts, like a ship without an anchor or any sails.

@mattymaster99 5 лет назад

if one trades takes out weeks or months of profit your risk management is very very wrong.

@LargeBanana 5 лет назад

it depends on the type of trader.

@raystein84 5 лет назад

Exactly.

@user-pb4hc9wr2s 5 лет назад

wrong

@johnbrennan7175 5 лет назад

Long term traders are investors, not an intraday trader

@marloncosta8479 5 лет назад

Its beyond risk management... it's about discipline, atitude...

@DeepuVijay 5 лет назад

i just needed to see this right now. Thanks.

@joeyd4364 Год назад

This speaker was very well prepared. Outstanding talk!

@nileshgada 3 года назад

Excellent presentation !! worth watching daily before starting the Trading day !!

@lombardo141 4 года назад

he lost me at "a small loss is $5000"...

@benbialas9339 4 года назад

@@VOILAA no he said it because $5000 to a real profitable trader is a small loss

@benbialas9339 4 года назад

@@VOILAA for example during covid crash I lost a small position of $2000

@MrAkosFintor 4 года назад

@@VOILAA Phil is a beast, some of his day trades north of $100k profit. He doesn't need attention.

@RedCandles_ 4 года назад

Bibonow he’s not selling anything but stock

@arnelarson2849 4 года назад

Experienced traders who sincerely care about teaching, as opposed to boasting and showing off, will emphasize the percentage win and loss and not the dollar amount. Everyone has different account balances and risk tolerances. A $5,000 loss might be career ending for a small trader, and is pocket change for someone else. However, if they are training their followers to look at %, they will be more focused on the process, and not the money.

@seancullen99 3 года назад

This is one of the most succinct and useful trading videos I've seen yet. To sumarize: 1. Only trade your max confident set-ups and be prepared to wait days/weeks for them (ie cut out the boredom trades). Because you're trading less, you can increase the size. 2. Cut losses fast 3. Scale out of your profitable trades in increments (I like to do this using chart levels and % gains) 4. Never revenge trade or trade if you are emotionally off kilter that day or seriously lacking sleep

@freemind2025 4 года назад

Down 100k? Wait what? 😓😳 shit I’m cutting my losses at 100 😅 then again way smaller cap. Love the emphasis on stop loss 🙏 thank God I’m constantly watching videos like these 💪🏼 strict discipline. NO BAGHOLDING.

@juliannichita4812 4 года назад

Mark Douglas goes into this/these issues in depth on Trading in the zone. Good advice overall

@castingnaysayers4611 3 года назад

Lol what a coincidence..the book is on my hand at this very moment as im reading this comment..nice.. :)

@armaanchawdhary9427 5 лет назад

You pretty summed up everything about trading in 10 mins. Good to remind oneself of how to keep emotions out, stick to rules and stay profitable.

@akshaysomkuwarakshaysomkuw4915 4 года назад

I have planned to choose stock trading as my full time job. your advice and tips are experience based and I will keep that in my mind. Thank you. Gratitude!

@rigelway4305 2 года назад

@6:00 Priceless advice 🙏 You can always revisit, just stay in the money…

@beldentheruschannel4545 3 года назад

As a person making a living entirely on sports trading i appreciate this...I been doing a challenge on my channel for some time and focusing on the basic principles i have realised that the most important factor is how we behave just after 1 loss

@yueyangshang7210 3 года назад

I really needed to hear this after today. For the past 2 weeks, I’ve given myself new rules that strictly cut losses and I only entered a few, but good positions w big money behind them and saw way more success than my previous strategy. Of course I’m really stubborn when cutting loss and I know I can get emotional and lost a weeks worth of trading w 5 bad trades today and yesterday bc I refused to cut loss and put a stop loss on my positions bc I refused to believe I was going to be wrong after a successful streak. Following your rules is so hard to get right, it’s tough to develop discipline and maintain it. But I definitely see the upsides in it. We’re trading to become a better trader, not to just make money. Money just comes along with it. This talk was awesome, hit everything I needed and was looking to hear.

@af4396 3 года назад

I did a similar thing, had one day that wiped out a week of trading. Sad thing is, I recovered 90% of my losses on that same day, but then went in to try to get green again. Shouldn't have done that...

@samithasooriya8733 Год назад

How is the progress now?

@yueyangshang7210 Год назад

@@samithasooriya8733 Lmaoo I completely forgot about this. I made six figures that summer but lost 90% of it that following September. Kept the rest in ETFs and long holds and quit day trading. Now I’m getting my professional degree in the medical field.

@Exzal123 Год назад

@@yueyangshang7210 oh damn ahah

@yueyangshang7210 Год назад

@@Exzal123 i ended up going to nursing school if u were wondering how this day trader turned out LOL. Just gonna passively invest my money instead when I start my career

@philippadianethomas8436 3 года назад

Awesome talk! I absolutely love the reality, simplicity and delivery of these truths! Thank you for sharing... Px

@kturcios 2 года назад

Wow. Amazing principles. Thank you so much.

@devops2193 3 года назад

Great video but easier said than done. My first big loss was just over 10K, I said, that will never happen again. I had a 17K loss, I said that will never happen again. I had a over 20K loss, I said, that will never happen again. I had a over 50K loss, then I said, never again. The +50K loss was over 5 years ago, that was the one that made me stick to rules, I hope.

@shutupidiot16yearsago79 3 года назад

How much did you start with

@devops2193 3 года назад

@@shutupidiot16yearsago79 30K

@rome2593 Год назад

I lost 3k and I’m about to lose my mind

@stevefriedlander7053 5 лет назад

Excellent information and well stated. My only issue is how many of us traders can trade that size? He has much better staying power than most of us. I would like to hear a talk about smaller traders (under 2,000 shares) and how to manage risk.

@MFXCenter786 4 года назад

Excellent video very informative and concise. Thanks a lot.

@Thenarayanaclips 2 года назад

Awesome content. Thanks a lot for sharing with us.

@Alphahydro 2 года назад

Good, sound and straight to the point lessons

@FHIPrincePeter 5 лет назад

Very good presentation. Has he been looking over my shoulder recently ???

@brianrichards669 3 года назад

Good advice all round with the exception of using mental stops. Never use mental stops in trading.

@christopherwic236 4 года назад

Well great video thanks for your time and information👍

@tefxstocks 3 года назад

Needed this, thank you . Everything you said was spot on. 100% very true and very straight. I have tendency to not stick to these very simple rules. Thank you again 🎯👌

@teezy1071 2 года назад

how is it going bro

@niro56 5 лет назад

You are right. My big losses were only because of me being stubborn, not any sudden market about-turn or any of that shit. Got to trade with a clear mind for sure.

@sheepleslayer586 5 лет назад

It's amazing how most of the info I am finding, I already know or had the mind set for.

@jahirulislammba 3 года назад

That was so helpful! It will be more helpful if we can get an update about the problems of the Stock Market. And James Asquith discusses the problems in his recent video.

@Colormeimpressed3000 5 лет назад

Im new to trading and I’m so surprised how much great information is out there. Thank you for the insight 👍

@missionpeace8028 3 года назад

Are you still trading?

@lifearchitectingwithryanse4725 5 лет назад

This dude is the real deal. Great vid

@asicksbookclub 4 месяца назад

great talk, the key to be good trader is to manage loses

@donkeyface 4 года назад

Brilliant. Mandatory. Brilliant. And Also Mandatory. Thank you.

@sheepleslayer586 5 лет назад

Keep in mind, he is talking about big movers and big accounts. Start small and practice w paper accounts.

@mike-duran 4 года назад

Very awesome. That felt like a ted talk. Great watch !

@mynameis3983 3 года назад

True dat!

@michaelpaul5801 5 лет назад

Great job, great info, well executed.

@nateparker7340 Год назад

I needed to hear this...Great speech!!!

@hritiksingh5701 Год назад

he explain trading very well in 10 minutes...

@DuDai67 5 лет назад

WONDERFUL !! thank you nate !!

@aaaaaaaaa470 3 года назад

Great video. Simple things that traders at all levels need to always keep in mind

@SwissplWatches 5 лет назад

Thank you!

@sanjayprashad4695 2 года назад

Trading can turn on a dime, superior fundamentals and technical action, and buying at the right time, are all part of the process to succeeding in the stock market

@rahultoggi4672 2 года назад

I’m currently into long term trades, day trading isn’t really my thing anymore. I’m trying to stick to what produces more returns for me.

@MarkBurch 2 года назад

I think I’ll play this in the background when the market opens each morning.

@miguelde 5 лет назад

Wise words.

@timkatsapas 4 года назад

Damn, wish I watched this a few weeks ago. Would've saved myself a lot of heartache haha. But very very valid. Total truth as a new trader

@reynasharyan3513 3 года назад

1 3 1 6 3 3 3 7 5 8 9

@beartrayand384 4 года назад

And the truth will set you free..excellent. 😎

@Viishal_Unplugged 5 лет назад

Simple yet powerful!

@andrewlawson2330 2 года назад

Been looking for something like this for a while. I want to know exactly what the veterans know and it was pretty succinctly summed up in this video

@ankushbairwa-stockbroker8966 4 года назад

Something good and basic...but thanks for sharing....god bless

@Gildwilson3 2 года назад

Simple logic about trading All trades have good days and bad days but the real trader will lose small percentage on bad day and he gain multiple times more percentage in good day

@jagparuchuri7558 2 года назад

Excellent content.

@JayPrada 4 года назад

I was just needing a talk like this! Last day I lost my capital trading and I was needing motivation and a good speech to continue trading! I know this is the road, some days it´s gonna be hard, other days we´ll feel as we are gods, but the purpose is to keep going even we are tired or without motivation! Let´s goooo

@theprofithunter 4 года назад

consistency-discipline - patience is key or ye sab mere andar develop ho rha hai , kyuki mai apne mindset pr work kr rha hun trading se pehle se .

@theprofithunter 4 года назад

but the purpose is to keep going even we are tired or without motivation :) .... yes yes yes yehi bo 95% log nhi krpate hai or fail hote hai. (thats good point )

@MrMaveric84 3 месяца назад

One of the best and to the point trading videos I’ve seen

@chandraswaroop2061 3 года назад

Bro The thing you told @ 10 mins "if you have a lack of sleep" exactly true for me. Overall till now I made around 190k but had lost around 100k during the days I feel tired and forced myself to that screen 🤧🤧.. GOOD SLEEP IS MUST

@shanghaiffgg 3 года назад

this is a fantastic video

@garryl4722 5 лет назад

I have been trading for 30 years and this guy is 100% on the money

@behindthebid 5 лет назад

looking forward to seeing more of these!

@affaefd4093 4 месяца назад

this video is such in a right timing for my needs, thanks a lot for this

@amankc7059 5 лет назад

Keep up the good work

@Luffytoro 9 месяцев назад

I watch it every now n then, every time I learn new stuff from him!! Thank u

@daltonsturrock7443 3 года назад

I needed this video

@mrmatias2618 Год назад

Very informative video. Greeting from Angola (Lobito) 🇦🇴

@secullenable 2 года назад

This is great advice

@runthomas 3 года назад

this guy speaks truth...very good

@stdm201 Год назад

Agreed! Accountability....is definitely an important aspect for many traders to improve!

@daveshell7251 2 года назад

Only one word for this video AWESOME!! These rules have been in my head but now are going on my screens beside by buttons

@RobertTradesOfficial 4 дня назад

Great talk, very spot on.

@keithshirley4318 2 года назад

Starting early is the best way of getting ahead to build wealth, investing remains a priority. The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works

@anastasialaurell1934 2 года назад

Having a stable investment package keeps you financially stable!

@Crmpies 3 года назад

really good advice

@prinsloolegoshe2404 2 года назад

This guy is in complete control 🎯

@sihlenzonzi9925 Год назад

This video could take a trader's trading from 40% profitable to 99.9% profitable.

@jackscenic 5 лет назад

So important to cut loses quickly. R/R has to be determined

@archiebeee 3 года назад

I'm cracking after reading the comments. Good content but the walking part got me. Lol

@aniket04b Год назад

Great talk ... Thanks a lot .... Just one pro tip on Public speaking, please do not move so much up and down during a talk

@jeffhorton259 3 года назад

#1 Rule: If price breaks support, exit the trade.

@blumars3636 2 года назад

and get stop-loss hunted

@ya00007 2 года назад

Jeff, that's the one rule that never works. Set the stop loss somewhere below the support not AT the support.

@jgfxotg1242 2 года назад

Or trade the breakout

@jjd903 11 месяцев назад

Algos fake the break lately.

@JaadTrades Год назад

Setting rules is vital I completely agree. In trading, you need to master your mind to conform to them; which is the difficult part for most

@kevinsayan190 3 года назад

I am going to play it every morning before I start trading.

@newanupambiswas4694 4 года назад

Awesome speech

@cryptofulla7359 5 лет назад

I was watching this and actually cut a losing trade that i had known that i should cut but didn't want to do it? Took a 1.5% instead of possibly much more.

@ujwalgoyal6368 2 года назад

I backtested him at 2x...now I am ready if he gives another speech! I know his range now!

@emilykristen4302 4 года назад

T he trading market is constantly evolving with new features, trading opportunities, financial swing all around the corner. The best thing is to stay in shape , and try not to be caught on the wrong foot.

@billyhowe5200 4 года назад

Trusting Mr Jacob with handling my investment was one of the best things I did for myself. You stand to monitor your investment and request payouts at any time...‬

@jensfraytag3204 4 года назад

Trusting Mr Jacob to handle my investment, is one of best things i did for my self. You stand to monitor your trades and can request payment at any time.

@suntsai4904 4 года назад

I find it really profitable trading under the mentorship of a pro trader like Jacob Henderson.

@chijiokedaniel8262 4 года назад

Mr Jacob, has and is still helping new and exciting traders to stand firm in the trading market. I feel so happy to be among the benefitors.

@chijiokedaniel8262 4 года назад

Talk to Jacob on what(s)app +(1) 917 983 ((0193)).

@dustinbutzler1031 2 года назад

Im going to listen to this every morning

@mrclickclickboom69 2 года назад

Amazing ❤️

@classicler8309 3 года назад

I am extremely impatient with my losses. Just a little dip in the red and I'm out. When a stock is winning, I book partials on weakness and full-blown sell on what I think may be a reversal. It helps me big time because my patient winners outweigh my extremely tight losses in the end :D