I have a teacher who teaches "you cant go broke taking profits", but his meaning behind is more of a don't be greedy kind of thing, like when your profit targets are hit, take the profits even if you "think" the stock may go higher. That way you don't turn a winner into a loser by being greedy. Love your videos Jared. You got me into trading seriously, I am down a lot on the year but getting better by managing risk. When I make enough money to pay for your course, I am in bro! Working hard to make that sooner than later.
Best trading content on the internet thanks for all you do. I really got a lot out of this lecture. Merry Christmas Jared and hope you have a great new year.
Thank you Jared! This video is me in a nutshell. I rewatched parts of it over and over. I trade 9:25-10am and 1 stock a day, make a PPT on how I traded and how I should have traded. I have been trading PM and after 10am and losing 80% of my loses in this time. I found during my time frame I am loosing money also by not following my plans for stops and take profit. I now see where I have been making mistakes and calculated how much it is costing me. I am committed to follow my plan! You have shown me where I can be if I do it. I will no longer have to answer to my boss!!!! Thank you🙏
Yes Jared!!! Yes!! This happens to me soo much more then I would like to admit. I "know" how to trade. But like a freaking addict! I buy when I KNOW I should not. And everytime I kick myself. When I get stopped out or buy way too high on my longer holds....spend mo nths adding til it goes higher and sell far too early. I will have to watch this video atleast 2 more times. I needed this 🙌💛
It's only been 5 days of being strict to following the plan I wrote down on paper, but dammit all, I've done it and feel damn good about it. I'm only down 1R but before I'd be down 10 like a freaking idiot. Thanks Jared.
Wow Jerry, I didn't know you, a trader friend I told him about my 2:1 struggle told me about you. You had me in tears at some point, thank you for sharing hard facts and strategies. I am going back to my journal and checking out exactly how much did I lose in the last 10 days for not respecting my Targets. Thank you very much.
Since writing the last comment I applied what I learnt from this video. I took a decision and I’m running with it. Last week I had my biggest trades ever, 5.5R on Friday to finish the week. Never happened before but I am a new man, I really had a strong realization after this video. I am getting help from my wife, I call her at 2R when I start getting jittery. Thanks Jared, you’re on the small list of people I’ll be giving a Rolex to soon. 💪🏽
needed to see this, thanks Jared. I've been at the wall for a few months now, here's to all of us who want to succeed and are scaling that wall every day.
I went from simulator to real and i'm doing well. Money management is everything, one single day that i didn't did it took entire gain of 2 days. I felt VERY bad! But today is another day and i've close a successful operation.
I've looked inward and see that I have a problem called 'FOMO' and it makes me emotional. (Bad and then..more Bad). So, working on that. These videos of yours are very instructive..without all the useless hype.. just straight up guides, wisdom & info.
Paper Trading is great! I was up $200k in a month. I went 'live' 11/24, and as of 12/23, I'm down almost $3k.... Follow your fricking plan! You can't be lossey goosey with real money.
Letting my winners ride vs "taking profits" is why I am a profitable trader vs a losing one. Many of my trades are meager or fail. If I didn't let the multibaggers run to offset the losers I would not be a successful trader. The idea is like Venture capital. They invest in many companies knowing most will not become the next Facebook or Google, but that one that is a Unicorn offsets all the other duds. The way I let my winners ride is by primarily raising my stop loses. I let the market tell me when the trade is over in most cases though there are times the move is so big I do close the position without stopping out.
Best trading lessons. Jared you are doing great thing. Maybe you should teach more about premarket scan. It is most important. If you are watching wrong charts on that day it is hard to make money. Merry Christmas and Happy New year Live traders.
23:20 That’s usually called the ‘PF’ or Profit Factor - the average profit of trade/avg. Loss of trade. W/L Ratio is typically # of W trades / # losing trades. ;)
Couldn't get out of my own way today and feeling frustrated. This video (today especially) is like taking my medicine, learning and working towards getting better.
thank you so F* MUCH! you really want´s to share and teach everything about this business by Ur really own words, thankU for that! we all really appreciate . make money to help others!
Yep, It's not so much about the setup, about the edge, it's about YOU!!! You need to have YOUR SHIT together!!! The path to becoming a successful trader is a path to PERSONAL GROWTH!!!!
You should subtitle this video (eventually over time depending on market performance) lol. Most of these guys simply just need to understand risk on risk off and when to raise cash vs when to take bigger bets.
I did that this summer. Thought I could just sell right away. CEI was really volatile and I bought it and seconds later it turned, and when I went to sell I didn't have the correct shares in...only 100 instead of 3000. By the time I realized what happened I lost several thousand dollars. I was a new trader.....
Despite the recent bull market, most traders still make complex mistakes while trading alone. 2022 will definitely be a good year to believe in and make a good investment, i would advice traders to get more information with the help of experience trader, Tisha Lauri is a game changer.
stop loss orders dont always work the way you want them to work and for that reason I dont use them on some positions as well because it always ends with the stock falling to my stop loss and then rebounding higher. and for those that will say, "your stop loss orders are too tight", since when is 10-15% below current prices too tight? it's even worse in the forex market as gaps will fall by the stop loss trigger and you're left holding the bag anyway. look what happened to ALLK lately for a prime example.
@@Abcccdwe You don't even know me, my mentally or my success in life 😄. I can tell you're not very smart. By the way friend, 90%+ fail at day trading and not being able to apply what Jared just taught is ONE of the many reasons so my comment still stands. Just the cold hard facts. Now go cry yourself in a corner.
yup. ive been applying this all or nothing mindset with hard stops and profits and it is a straight up game changer. now I realize ive never really had a trading plan until now
Hypothetically say i buy a stock at 10 buck. 11 tp 10.50 sl. If it break 11 with a ton of strength couldnt i move sl to 11 and have a 11.50 tp after to keep it running if it does
5:00 - Why the hell would someone invest $100k in a cruise line stock during a pandemic where people often get sick on the cruise ships? It's up to around $21/share now, so he's recovered somewhat (if he's still holding), but still a bagholder to the tune of over $12k.
Forgive me for the stupid question but I think I didn't get the concept of R or nothing: if my target is 2r but my pivot/bar by bar management (even if textbook) stops me out at 1R, I do not mess up my plan anyway as if I had took profit too soon? 2r or nothing means that I don't have to raise my stop at all until 2R ?? Thank you
2R AON means don’t touch your stop or target, bar by bar and pivots are different management strategies. Someone correct me if I’m wrong, but I don’t think I’m wrong
I have a teacher who teaches "you cant go broke taking profits", but his meaning behind is more of a don't be greedy kind of thing, like when your profit targets are hit, take the profits even if you "think" the stock may go higher. That way you don't turn a winner into a loser by being greedy. Love your videos Jared. You got me into trading seriously, I am down a lot on the year but getting better by managing risk. When I make enough money to pay for your course, I am in bro! Working hard to make that sooner than later.
How are you doing now?
@@psilocyber251 He now works at Mcdonalds.
Best video ever for trading probabilities and success. Thank you!
The absolute best account management I have ever heard. Thank you Jared so much. I am sharing your video like crazy among my friends.
Best trading content on the internet thanks for all you do. I really got a lot out of this lecture. Merry Christmas Jared and hope you have a great new year.
Thank you Jared! This video is me in a nutshell. I rewatched parts of it over and over. I trade 9:25-10am and 1 stock a day, make a PPT on how I traded and how I should have traded. I have been trading PM and after 10am and losing 80% of my loses in this time. I found during my time frame I am loosing money also by not following my plans for stops and take profit. I now see where I have been making mistakes and calculated how much it is costing me. I am committed to follow my plan! You have shown me where I can be if I do it. I will no longer have to answer to my boss!!!! Thank you🙏
Yes Jared!!! Yes!! This happens to me soo much more then I would like to admit. I "know" how to trade. But like a freaking addict! I buy when I KNOW I should not. And everytime I kick myself. When I get stopped out or buy way too high on my longer holds....spend mo
nths adding til it goes higher and sell far too early. I will have to watch this video atleast 2 more times. I needed this 🙌💛
Man...your the coach i need. I admit i get uncomfortable when being "coached" but it's what i need to hear.
Always tuning in for these lectures - thank you!
It's only been 5 days of being strict to following the plan I wrote down on paper, but dammit all, I've done it and feel damn good about it. I'm only down 1R but before I'd be down 10 like a freaking idiot.
Thanks Jared.
Thank you so much for the lessons. Especially for the "when will the insanity stop.." section. God bless
Merry Christmas Jared. Thank you for all the work you put into making these helpful videos.
I second that
Wow Jerry, I didn't know you, a trader friend I told him about my 2:1 struggle told me about you. You had me in tears at some point, thank you for sharing hard facts and strategies. I am going back to my journal and checking out exactly how much did I lose in the last 10 days for not respecting my Targets. Thank you very much.
Since writing the last comment I applied what I learnt from this video. I took a decision and I’m running with it. Last week I had my biggest trades ever, 5.5R on Friday to finish the week. Never happened before but I am a new man, I really had a strong realization after this video.
I am getting help from my wife, I call her at 2R when I start getting jittery.
Thanks Jared, you’re on the small list of people I’ll be giving a Rolex to soon. 💪🏽
needed to see this, thanks Jared. I've been at the wall for a few months now, here's to all of us who want to succeed and are scaling that wall every day.
I went from simulator to real and i'm doing well. Money management is everything, one single day that i didn't did it took entire gain of 2 days. I felt VERY bad! But today is another day and i've close a successful operation.
I've looked inward and see that I have a problem called 'FOMO' and it makes me emotional. (Bad and then..more Bad).
So, working on that. These videos of yours are very instructive..without all the useless hype..
just straight up guides, wisdom & info.
I can always appreciate the rough talks good sir 🤝
Love the analogies! Thank you for a excellent lecture!
Easy to follow information, glad I found this video. Great and inspiring content.
Greatest teacher of all time…🙏🙏🙏
Paper Trading is great! I was up $200k in a month. I went 'live' 11/24, and as of 12/23, I'm down almost $3k....
Follow your fricking plan! You can't be lossey goosey with real money.
"Next time neglect to buy shares." That is the funniest thing I've heard all week. Merry Christmas!
Great lesson. Am a 2 aon trader. Thanks to you. Took years but am getting there.
BBB, nice. Excellent info dude. Thanks. Starting fresh with completely different mindset.
I'm at this spot right now. Much needed video. I have to go back and watch PTS again. Solidify my plan
ty jared, game changer lecture
Love all your videos, but this one REALLY hit home. Absolutely insane how small adjustments can make such a huge difference.
Letting my winners ride vs "taking profits" is why I am a profitable trader vs a losing one. Many of my trades are meager or fail. If I didn't let the multibaggers run to offset the losers I would not be a successful trader. The idea is like Venture capital. They invest in many companies knowing most will not become the next Facebook or Google, but that one that is a Unicorn offsets all the other duds.
The way I let my winners ride is by primarily raising my stop loses. I let the market tell me when the trade is over in most cases though there are times the move is so big I do close the position without stopping out.
Merry Christmas just an infant in my learning, greatful I have you to learn and set realistic goals and mindset
Best trading lessons. Jared you are doing great thing. Maybe you should teach more about premarket scan. It is most important. If you are watching wrong charts on that day it is hard to make money. Merry Christmas and Happy New year Live traders.
A great lesson. Thanks Jared!
23:20 That’s usually called the ‘PF’ or Profit Factor - the average profit of trade/avg. Loss of trade. W/L Ratio is typically # of W trades / # losing trades. ;)
Thanks man. Yes u nailed it100. If I held till magnitude I'd be a rich man by now!
Couldn't get out of my own way today and feeling frustrated. This video (today especially) is like taking my medicine, learning and working towards getting better.
Merry Christmas to You and your family - and thank you for your year long gift of these videos
thank you so F* MUCH! you really want´s to share and teach everything about this business by Ur really own words, thankU for that! we all really appreciate . make money to help others!
You rock Jared, thank you for your great videos.
appreciate these videos ! ive been watching for quite some time now and always learn something.
Thanks, I needed that.
Thanks Jared for another educative content
Game changer video, absolutely, so well done.
p.s. don’t do Oregon math.
It is lecture time! Quality content as always!
Quick question, is there a way to purchase a copy of the physical hardcover of PTS?
thanks jared loved it!
You're the best of the best all the time 🙏I give u all my respect
Yep, It's not so much about the setup, about the edge, it's about YOU!!! You need to have YOUR SHIT together!!! The path to becoming a successful trader is a path to PERSONAL GROWTH!!!!
Love it 👌great lecture Jared !! # another 1
This information is Gold!
Jared, your videos are the best. Thank you and have a great Christmas!
You should subtitle this video (eventually over time depending on market performance) lol. Most of these guys simply just need to understand risk on risk off and when to raise cash vs when to take bigger bets.
I use an automated order entry that automatically places my stop loss and target for my scalp portion of my trades...every time.
What software you're using for that mate? Or is that a built in tool in your platform?
I’m curious about this too and how effective it is
Man, this video feels like you are talking about me start to the end.
I need to talk to the man in the mirror every day to realize his mistakes. :D
How do you find your stocks to trade and how do you know how high they may go? If it’s outside the support/resistance lines?
I always look forward to WWTIS
Nice job thank you 😊
Yessah! Braddah Jared🤟
Thanks Jared!
Great analysis as always. Jared do you provide those stats table in your trading course?
Another great video Jared, thankyou
On point !
Gotta love those TPS reports. Makes me laugh every time.
I did that this summer. Thought I could just sell right away. CEI was really volatile and I bought it and seconds later it turned, and when I went to sell I didn't have the correct shares in...only 100 instead of 3000. By the time I realized what happened I lost several thousand dollars. I was a new trader.....
such a good video, thank jared
good stuff
Another awesome vid…
Why there is a lot of smoke on your sportscar Jared? :) Nice video by the way.
I've had the order where you ask for 500 and get 275 at the price you are aiming for, but the stock move way off that low.
Of course so easy!
Hi Jared merry Christmas. Can you please guide me to your video where you help us look up the best stock screeners. To help trades for the day 🙏🏼
OMG so true Sir
Shifted job to day trader finally after 5 year of effort
Math in Oregon: get whatever answer you FEEL like getting 😂
May God bless you 🙏
Despite the recent bull market, most traders still make complex mistakes while trading alone. 2022 will definitely be a good year to believe in and make a good investment, i would advice traders to get more information with the help of experience trader, Tisha Lauri is a game changer.
stop loss orders dont always work the way you want them to work and for that reason I dont use them on some positions as well because it always ends with the stock falling to my stop loss and then rebounding higher.
and for those that will say, "your stop loss orders are too tight", since when is 10-15% below current prices too tight? it's even worse in the forex market as gaps will fall by the stop loss trigger and you're left holding the bag anyway. look what happened to ALLK lately for a prime example.
One of your most important lectures. Yet I'm sure 99% won't be able to apply it.
Your mentality is shit, that’s why you are not successful at anything. Change your mindset change your life
@@Abcccdwe You don't even know me, my mentally or my success in life 😄. I can tell you're not very smart. By the way friend, 90%+ fail at day trading and not being able to apply what Jared just taught is ONE of the many reasons so my comment still stands. Just the cold hard facts. Now go cry yourself in a corner.
yup. ive been applying this all or nothing mindset with hard stops and profits and it is a straight up game changer. now I realize ive never really had a trading plan until now
@@drewtakesprofit8897 That’s growth. Keep it up
“You should neglect buying shares” lol
"It's a little bit different... like night and day."
Lol.
What if your plan is terrible? A plan is only something a trader has come up with so what if it's nonsense?
These videos are great. Especially since they make a garbage trader such as myself feel way better about myself after the “insanity” segments Lol
Hypothetically say i buy a stock at 10 buck. 11 tp 10.50 sl. If it break 11 with a ton of strength couldnt i move sl to 11 and have a 11.50 tp after to keep it running if it does
5:00 - Why the hell would someone invest $100k in a cruise line stock during a pandemic where people often get sick on the cruise ships? It's up to around $21/share now, so he's recovered somewhat (if he's still holding), but still a bagholder to the tune of over $12k.
Maybe he was trying to time the recovery. What’s sad is that the market may bail him out and he won’t learn his lesson.
@@lombardo141 But you'd think the pain of being down over $25k on his investment would ingrain the lesson into his brain.
@@Jeff-xy7fv unfortunately most humans dont work that way. We only tend to learn once we get burned. lol
I’m assuming “Joseph” is Mr Brandon 🤣
Forgive me for the stupid question but I think I didn't get the concept of R or nothing: if my target is 2r but my pivot/bar by bar management (even if textbook) stops me out at 1R, I do not mess up my plan anyway as if I had took profit too soon? 2r or nothing means that I don't have to raise my stop at all until 2R ?? Thank you
2R AON means don’t touch your stop or target, bar by bar and pivots are different management strategies. Someone correct me if I’m wrong, but I don’t think I’m wrong
@@jmythngdmb thanx man ;)
My biggest shortcoming is always selling too early.
please dont clap again!!! hahahaha almost get deaf...i was using pods whiled u clapoff my head! ahaha just kidding!
💪
💯💯💯💯💯💯
:D luv u jared
TRADING IS THE HARDEST WAY TO MAKE EASY MONEY.
😂😂😂 Huracan
Build back better 💀 😂
Why so negative dude....I feel like you always start your videos so negative. It kills the mood.