Loving these recent videos where you are going in detail about price action and the nitty gritties about it, how to understand the trends. You way of drawing trendlines has already improved my trading. Thanks
Hi Riley. Can you say couple of words about Ninja trader? Are you happy with their platform and executions? Have you tried their customer support line, is it quick response, or not so much?
HI RILEY. WILL YOU EXPLAIN HOW WE CAN GET INTO THE FUTURES MARKET? I'VE BEEN TRADING STOCKS FOR YEARS BUT DON't HAVE ANY IDEA HOW TO START IN FUTURES MARKET? THANKS SO MUCH.
I been learning for a year now. After watching your video, I fully understand now. You explained it well! 😊 how can I get a copy of your patterns? I like to have that as a cheat sheet.
What I like most about his strategy is that he tells you that it takes time and that you don't chase the market you let the market come to you and he teaches you a strategy and you build upon it and it's going to take time this isn't a get rich quick scheme He definitely has an interest of teaching you another leg of income
Your videos are super helpful for people considering getting into trading. One question I have is that if you enter on a "sell" position on a downward trend, do you have to have entered in a previous "buy" position? I'm still getting my head around what futures actually are. If I don't have anything to "sell" what am I selling?😅
Trends, support & resistance, etc... don't matter. When I enter the trade, it will ALWAYS go the opposite direction. It doesn't matter how powerful anything is. It'll break, once I get in.
I really like your strategy, but I need to follow your patience. I often plan the right trades on paper but during execution, I get shaken out during pullbacks or move my trail too early and get taken out at less than 2:1 and it eventually hits my overall take profit without me. Also what is your approach to re-entring if you ever get stopped but it sets up again?
Haha dang looks like we all part of same club. Sucks to know we plan so perfectly but let our plans play out without us. I I noticed on my paper account when I’m more relaxed and not watching every second but every few minutes it has tripled. I’m scared to try that with real money lol
That's how algos work to steal our money. They hit a trigger and rapidly swing the other way before swinging back. This traps longs and shorts and forces them to sell their positions via a stop.
This is the most annoying part for me in my journey because I don’t have a mechanical way to determine my high and lows I can’t determine my bias ! It’s frustrating! Structure is noisy . I think the best way for me is just mark areas of lows and highs and just predict reversal at those key levels. What’s the win rate on your support and resistance strategy?
@RileyColeman Great content!! Have you tried using order flow charts for entry signals in place of confirmation candlesticks? I'm thinking of doing that and wondering if you've already tried it. If so, what did you learn?
You just trade couple times a week, can’t you please introduce what kind account you are using? For a future beginner, I don’t even use the trading platform well so I found the Apex EVL account is very easy to be blown up.
You're videos are awesome bro. Got a question though. I'm trading stock options right now but I'm gonna switch to futures I think. With options, buying and selling are totally different. Meaning when you buy and call or put, you can exit at any time. But if you sell a call or put, the person you sold it to can exit. Is futures the same or will I be able to get out when I want? Basically is buying a future equivalent to BUYING a call and selling a future is equivalent to BUYING a put?
Nope. That’s mainly a continuation style of strategy and I don’t do that. Also anecdotally I feel they aren’t as solid as the big clear levels that the market hasn’t broken yet.
You most likely never going to read this but I would like to thank you for this video, explained everything really well, I'm 21 years old working a 9 to 5 and on demo I tried and took reversals so far but it didn't really work out but thanks to you I realised why, because it didn't hit the support or resistance zone. I'm here to learn and hopefully make it. If you see this by any chance can you talk about mentality in a loosing streak? How to not be emotionally attached to the money that you are risking?
At 25:30 you say you made a really big win of 1200 $ after the market went all the way south. Am i missing something here?? Aren't we supposed to make gains on top instead of the bottom?
Can somebody help me? I think it works really well when the market it’s making S/R zones very often so I just learned the strategy and now I’m in my back testing phase, but I just realized that I don’t know how to use this strategy when the market is going down without make a S/R zones, it was going good but I’m doing my back tests in the EURUSD and at this point of my back test the chart is just going down and down So the thing is that my back test works pretty good at the beginning, but now the chart is just going down, and I’ve been looking if Riley explains what to do when the market just goes down (or up) in a trend but he doesn’t, I think the problem is that I’m not in the S&P500 and the $ was falling a lot last year PD: English is my second language so I’m sorry if I’m not clear
Hey Riley, I love watching your videos, and currently use a variation of your supply/demand zones strategy to trade. My question is, how do you trade the Nasdaq when there are no clear supply and demand zones, like right now, the Nasdaq is extremely bullish and at it's all time highs. I find it very hard to trade supply and demand right now, when price has never been here before. Thanks!
Whichever number of contracts equals to $600 per trade. Different instruments are priced differently in futures (gold priced differently than crude oil), so it depends. But the risk ($600) is the same no matter which instrument is being traded.
looking for a few people to join a dicord to trade this system, forex only, be competent enough to implement this strategy, we will be finding trades to take, and posting trades we find, helping each other out, good idea or no? any takers ?
@@dutran2866 i suck at this strategy, lost first 4 trades in a row, and ive already moved on, woulda been a good idea, but i hate the strategy, thanks for the reply though
You can find all the info on it here: www.evolvedtraders.com/Join I am currently remaking it to a much better version including a ton I’ve learned in the last year. The update should be out in the first few months of the year. If you jump in now you will be grandfathered in.
About how long after you started winning trades consistently did you start to scale into more futures contracts? I think I'm on the bring of turning the ship in the right direction here. I've been trading since 2018 and am just now putting it all together. It's been a long road to say the least.
Hey congrats that’s awesome! There’s two aspects to it. 1 of course you need to be consistently making money. It doesn’t have to be a certain amount but just are you consistently profitable to some extent. Then the 2nd are you mentally confident and strong in your mental game. Are you patient and able to stick to your strategy? If yes then size up but keep is a manageable jump. Maybe 25-50% increase in size. Think how that feels and if you can handle that jump or not. It will make things more intense at the beginning. So give yourself time to adjust. But if it’s too much and you get too emotional the jump was too big and you need to reduce it or size back down to rebuild confidence then try again. Good luck!
