It took me four years to discover that forecasting the market based on charts is pointless; you never know what will happen. Without a mentor, those four years were miserable. Now, I watch market trends and keep things basic and disciplined. I currently earn an average of $35k every week, despite the fact that I barely trade myself Thanks Rolando Diaz....
Well...I will advise you should stop trading on your own if you keep losing and start trading with an expert because trading with an expert is the best strategy for newbie...
You're right! I have lost a lot trading all by myself without a guide. It's been an uneasy ride for me. Who is your mentor please. how can i reach him i really need help in this bear market now?
1- trade with a peace of mind. 2- know your stats! (They will give you the confidence you need) 3- Have a real-time journal. (Write down how you're feeling pre-during-&post trading) 4- Always focus on what you CANT control. 5- Eliminate fear by conscious practice. 6- Take responsibility in ALL situations. 7- Feed your brain with the right things (example: podcats/trading vids > music) 8- get used to doing things u dont want to do 9- Follow the 80/20 rules 10- Remember: LESS IS MORE! You dont need to be taking a million trade,, stick to 1-2 HQ trades!
Over trading is what i struggle with the most, especially if I'm in profit. This is a deadly sin. Finally getting it into my head about the 3 trades a day...the best advice for new traders...Thanks bro.... 😎
I’m a profitable trader and one thing i wish i did was to demo my strategy for 100 trades and document what i could have did better on the losses. After 100 trades you’ll notice patterns you wouldn’t have noticed if you had not recorded them.
The debut of a Bitcoin ETF signifies a pivotal moment in the cryptocurrency sphere, bridging digital currencies with conventional investment approaches. This advancement holds the potential to bring stability to Bitcoin prices and attract a more diverse group of investors, potentially driving up demand and value. Central to this transformative shift is Michelle Catherine, whose profound comprehension of both cryptocurrency and traditional trading has played a crucial role. She comprehensive investment strategy and dedication to staying informed about market trends position her as an invaluable ally in navigating this new era of cryptocurrency investment....
What impresses me most about Michelle Catherine is how well she explains basic concept of winning before actually letting you use her trade signals. This goes a long way to ensure winning trades.
As a black man, I feel like your a cousin putting me up on game. I've been doing stocks for about 9 months and everything you say is definitely on point. I'm not as disciplined quite yet but I'm winning for sure. Thanks.
Ben, as a young man you are really on point with your trading; If I may add one thing about losing sometimes a trader struggles with losing and it's not so much the money being lost it could be their ego, perfectionist , wanting to be right, and sure money. Therefore one has to ask themselves the question 'What does losing mean to me" I did that and it was more so me "wanting to be right" knowing that really turn my trading around on how I could handle a lost because all I can control is me if I follow my process and lost so be it. Thank You
Love your emphasis on mental heatlh, low stress levels, and peace of mind Ben. And the mtahs of KNOWING & RELYING on your own maths & statsitics, Beautiful & lovely for healthy confidence
Always appreciate your videos. So much great content on your channel. I go back and rewatch things all the time. One video I would love for you to do an updated version on is to advise people who are interested in restarting their journey or newbies, of brokers to use for paper trading or for people who are starting with a small account.
Who feels it knows it! And losing can introduce you to that deep depression that you heard about! Thanks for your guidance to the pathways to winning DTA!
Great lessons. I have this bad looming feeling that "the trading geek" RU-vidr, will one day copy your ORIGINAL video and make his own, sometimes exact word for word.
this what i say the same energy you have have when wining making profit is the same energy you should have when loosing simple dont beat your self down guys .
Hey man, I am still very new to trading, watched an almost 2 hour tutorial on how to trade options but I still don't really get it. I really want to learn how to properly do it. I have about $100k set aside to build a start up trading account when I finally know what i'm doing. Can you help me or point me to someone that can?
Well It's not really that hard. Maybe rigorous for newbies but are most successfully carried out by pros who have had a great deal of skillset/knowledge. and so a financiaI advsor often comes in very handy.
I agree. Based on personal experience working with an investment advlsor, I currently have $685k in a well-diversified portfollo that has experienced exponential growth.
Another good analogy is from mike Tyson’s trainer Cus D Amoto “fear is like fire if you let it get out of control it can burn the house down and everything around it if you learn to control fire you can make it work for you cook food keep you warm etc”
I was wrong in that statement, there is more to it than that, however there's only one "Expert" on YT who ever mentions it, I've gone from break even to profitable using that pivotal strategy along with the common stuff that is peddled on YT. The missing link, pump, dump.@@DayTradingAddict
Im a good loser but a real bad winner. I was in drawdown by 5% on my prop account, pulled it back slowly, then hit the winner. Over 1k with a 100 dollar risk. Huge 10 to 1. Beautiful long on GU. Put me to roughly 49500, back to within 1%. Hard but done. Should have finished there. But i got the "invincible bug". clawing it back with discipline, with strategy based on rules, i ignored that and went hard thinking i was george soros. Blew past where i was in drawdown from the previous week, friday last week. I lost 2.3k in 10 mins into london. Ended the week with 45.3k. Traded once this week back messing with 50 bucks risk trying to get back out the hole. At 45.5 now, but still, so mad at myself
Sir, I'm still quite confused about risk management. I trade crypto using leverage. How can I calculate my lot size to risk 2% or 1% of my capital every time I trade?
You have to measure on trading view the percentage your stop is away from your entry. So let’s say you are using your entire account on one trade. If your stop is 1% away from entry then you would use no leverage since it’s already 1% away. If it’s 0.5% away then you can use 2x leverage to turn that 0.5 into 1% loss if you get stopped out. If your stop is 2% away from entry then you would use no leverage and only use half your account size. This is how you measure it’s just basic math
