Hey carmine can u make a video how to manually move the stop losses like how TY does but in thinkorswim. So like while its live u can just move the line up just under your gains on the chart ? Thank you for your wisdom brother 🙏
im profitable and I do the first 2 but i've been skeptical about the performance of trailing stops. Maybe i'll try it and see how it goes. obviosuly it won't cause any losses but it might stunt gains due to mean reversion
What has helped me the most is... no matter what do not take big losses. I believe your success is locked within your losing trades. Don't focus on winners, that not your job, that's the market's job. The market will take care of winning trades... your job is the losing trades. Focus on the losers and before you know it, you'll be a winner. Throughout history, there is one single thing in common with everyone that has ever blown up a trading account... risk management! The thing about risk management is, you can read every book in the world on risk but for most people (including myself) it's not until you're on the 10th floor ledge of a building and ready to jump before you finally understand it.
Excellent video, the delivery is 110% on point. I wish that I would of placed more emphasis on Risk Management early in my trading career. I blew up my account so many times because I did not poses or even truly understand Risk Management. Now I am able to repeat my winning trades and cut my loses really quickly. I would also like to add that Mental Capital should be the right hand of Risk Management. They go together like Peas and Carrots.
"There should be no such things as a "large loss" in your vocabulary. Every loss is planned, before you click the buy button. Every loss should be managed" FACTS!!
I think you finally nailed a really solid presentation format. The new animations, background music, sound level and quality, all work really well to keep the audience (me) engaged. Usually around 7 minutes in, my focus and attention span are distracted but this time around I found myself wanting to watch all the way through. Really appreciate the effort you put in to make the quality of your presentations much more engaging and enjoyable. Your content delivery was good before, but it's great now. From good to GREAT.
Before even watching I’ll say that most traders are not making their trading system semi-automated and they need to. Automated trading doesn’t work and if it did we’d all already be doing it. Stops/targets/trails/auto break evens if you need that but the first 3 should all be automatic. Less feels + less thinking + less micro managing = less stress, small losses & more consistent profits. Now to the video lol Carmine is top G of futures.
On the Stop Losses part, beware of stop losses on super volatile stocks . I had a stop loss set on options for a stock which tanked overnight, so my stop loss was filled for 1$ even tho the stock went from 55-40$ average and never shot down past 30$. The option was going for 180$ a couple minutes later. I'd read about Stop Losses not being 100% safe, but didn't know what it meant til it happened lol. Sometimes they don't replace paying attention and taking appropriate action after evaluating the situation
something that has been helping me tons to risk management is watching the chart for the OPTION itself so i can time it better & know how its moving really has been helping
I been consistent for a month trading SPY; the trades I’m taking isn’t from a repeatable setup, but rather what the market is showing me at that time, weather to scalp or trend trade, etc. It feels like I don’t have a real process that I’m following. A big problem I have is managing my risk, that I can fix, but how do I find a repeatable setup when my trades differ from another.
If yall dont understand what hes saying in this vid, really watch it again, take notes and dissect it. Impliment his wisdom and values into your trading, youll see a difference.
yep, made good money swing trading AMC, NIO, TSLA, NNDM, TTCF, FCEL, etc… the classics. been rough sailing since then. not to mention, day trading is a whole other ballgame entirely. humbled.
Tired of people hating on 🍍pizza. I'm still tripping that I found this class. I really appreciate the clarity of thought under your tutelage. I've been out of this market for years from my first teacher, but it was worth it to find this class! First teacher who I learned the stock market from, could simplify it and he focused on fundamental and introduced options. I felt like for once the common everyday person had access to wall street! Class was small and grew in no time. Threw that I learned from others who who took up courses paying $6-8k and hadn't learned what they learned with him for $25m. I appreciated what I learned. Since joining this class I feel that all over again! The Discord is very live and uplifting, up-kept, and organized with self pace videos! Just like before, I've learned so much with the videos and I can tell this is only the beginning for this class with the way the flooded information comes as simplified and thought provoking with much effort and dedication for the average person in my opinion! I think these classes could fit any lifestyle and with any learning curve! Just the videos on line are a gem still! Best teacher😎for shore!💫 Information that focuses on the mindset without flashing riches and so much material to build up an arsenal to trade for success! Everything is thought provoken and focused on the market consistency! Even that is consistent and I appreciate that a lot! Shot's out to you for the new uploads!💯💥💣🤳🏾📢👀💥🌞💪🏾🙏🏾🥳🤔🤑🎓🚫🧢
At least 2-6 months of consistency. I don’t care if it’s $50 or $500. If your P/L calander has those wins, you need to have losses of 2x LESS than the wins. For at least 2-6 months.
Great wisdom nuggets @carmine. Had those types of days last week. Was confident in the strategy but market said something else until Friday. Thank you for sharing. Keep the wisdom nuggets coming!
I’m having a hard time risking the same amount per trade with options. Do i set a certain amount to lose before the trade and then sell when it gets there even if it’s not at my stop loss? My winners are about the same as my losers rn so could use a suggestion here.
I have a small account and I made like $1200 in 2 weeks, and I lost it all in 2 days. My losses were definitely too big! 🤦♂...But I'm back at it this week.
Here is a note from an experienced trader: if the market is unpredictable, then consistency is nonexistent. The truth is, if you are playing solid stocks or ETFs like AAPL or SPY, you must feel comfortable in letting that trade play out. When you become more experienced, you will learn to cut it accordingly.
@@carmine_rosato I just made that up. I chuckled when you said pineapple is nasty. I like pineapple on pizza - with some ham and mushrooms. Pizza aside, I enjoy your videos and think you put out quality content that is helping me learn more about the market and trading. Thanks for what you do. I like and subscribe.
I see a lot of "traders" sticking with a stock because they lost money with it. My advice for new traders is to focus on a solid stock like AAPL or a solid ETF like SPY and avoid looking at the average price. This means that if you buy the stock or EFT for $xzy, then sell it for $xyz+1% or whatever is realistic for that stock/ETF according to the timeline you are trading.
Well that’s an issue on your risk management plan. You shouldn’t enter a trade where your risk is $1000 but average winner is $150. That’s a trade you should not take
Scaling into a position and moving your stop loss to break even is key. Going all in on a volatile stock mean your stop loss could be 8 percent from your buy point. So the key is to risk 1 percent per trade by doing the following. Assume your stop loss is 10 percent away because you placed it under the current supply zone. 10 percent would not be worth the risk. However, start by dividing your planned total trade amount by 10 and then scale. The rest up as the stock increases all the whole putting your stop at the buy point. Example: $10 stock, $9 stop, planned $10000 total trade. Start with 10/1*$10000. Your start trade is $1000 because your total risk is 1 percent of your account. Of the stock moves to $10.20 buy another $1000. Then update your stop loss to $10.10. that's your plan. Follow your plan and your losses will be small compared to gains.
I will be eternally grateful to you, you have changed my life and I will continue to spread your name to the world. You saved me from huge debt with very little investment, thank you so much Dan Price DFA.
![เปิด อาณาจักร หมื่นล้าน "สาระตั้ม" l [Nickynachat]](http://i.ytimg.com/vi/3XE0nPF4YkQ/mqdefault.jpg)
Like this video if you will now focus on REPEATING your process DAILY !
Nuff said🫡
Stops are what has helped me to keep my losses small. Letting winners run, moving stops up as my stock moves ahead is the key.
Risk management is the key to longevity
I learned this today and I think it's going to make a HUGE difference.
Hey carmine can u make a video how to manually move the stop losses like how TY does but in thinkorswim. So like while its live u can just move the line up just under your gains on the chart ? Thank you for your wisdom brother 🙏
im profitable and I do the first 2 but i've been skeptical about the performance of trailing stops. Maybe i'll try it and see how it goes. obviosuly it won't cause any losses but it might stunt gains due to mean reversion
What has helped me the most is... no matter what do not take big losses. I believe your success is locked within your losing trades. Don't focus on winners, that not your job, that's the market's job. The market will take care of winning trades... your job is the losing trades. Focus on the losers and before you know it, you'll be a winner. Throughout history, there is one single thing in common with everyone that has ever blown up a trading account... risk management! The thing about risk management is, you can read every book in the world on risk but for most people (including myself) it's not until you're on the 10th floor ledge of a building and ready to jump before you finally understand it.
Repeatability, Keep doing something not until you get it right, but until you can't get it wrong. Appreciate the consistent wisdom man.
Consistency in daily routine, pre mkt analysis, working on your mind body, repeating over and over.. risk management + understanding the why...
Great video! That’s what I’m trying to do now… Reapeatability before I add more money to the account!
This was a Great lesson Carmine. You are fantastic. Keep doing this. Thanks
Excellent video, the delivery is 110% on point. I wish that I would of placed more emphasis on Risk Management early in my trading career. I blew up my account so many times because I did not poses or even truly understand Risk Management. Now I am able to repeat my winning trades and cut my loses really quickly. I would also like to add that Mental Capital should be the right hand of Risk Management. They go together like Peas and Carrots.
Absolutely !
Quick question. do you have a separate computer that you use just for trading? I was considering doing this.
Thank you very much Carmine. Excellent video! Keep up the good work.
Great video. Where do I get the T shirt?
Great video!
How can I learn volume profile properly?
Thank you Carmine , my trading journey has improved ever since I learned about your channel !
Thanks for the talk Carmine. I'll be implementing these into my trading journey!
Risk management & know when to trade is what help me 💯💯 great video
Carmine, How can I get an investitrade shirt like that?
"There should be no such things as a "large loss" in your vocabulary. Every loss is planned, before you click the buy button. Every loss should be managed"
FACTS!!
he is one of the best people on this platform he has helped me so much and directed me towards whats right .
Thank you big daddy 🙏🏽
I think you finally nailed a really solid presentation format. The new animations, background music, sound level and quality, all work really well to keep the audience (me) engaged. Usually around 7 minutes in, my focus and attention span are distracted but this time around I found myself wanting to watch all the way through. Really appreciate the effort you put in to make the quality of your presentations much more engaging and enjoyable. Your content delivery was good before, but it's great now. From good to GREAT.
This video is full circle... one of the best I've seen from you👏
Thank you! Very professional and down to earth advice. I will incorporate it into my plan. Yes, I definitely agree…pineapple is nasty on pizza!!
This video is 🔥! Sums trading up in a nutshell!!
Im not in the same market, but very powerful video thanks for sharing
Before even watching I’ll say that most traders are not making their trading system semi-automated and they need to. Automated trading doesn’t work and if it did we’d all already be doing it. Stops/targets/trails/auto break evens if you need that but the first 3 should all be automatic. Less feels + less thinking + less micro managing = less stress, small losses & more consistent profits. Now to the video lol Carmine is top G of futures.
this is excellent information on being consistent . thank you Carmine
On the Stop Losses part, beware of stop losses on super volatile stocks . I had a stop loss set on options for a stock which tanked overnight, so my stop loss was filled for 1$ even tho the stock went from 55-40$ average and never shot down past 30$. The option was going for 180$ a couple minutes later. I'd read about Stop Losses not being 100% safe, but didn't know what it meant til it happened lol. Sometimes they don't replace paying attention and taking appropriate action after evaluating the situation
Great video! I felt like you were speaking to me directly. Thanks for the help 😊
Great video!! This was on point!! 🎯🎯🎯💯💯
💯
something that has been helping me tons to risk management is watching the chart for the OPTION itself so i can time it better & know how its moving really has been helping
All I heard was pineapple 🍍 🍕 is nasty 🤣 • 🔥 video Carmine! Value 📈💯
Thank so much for this wonderful video!
Also do you have a strategy for a power outage? I would hate to be trading and lose power with a stock that goes in the wrong direction.
Wow, fantastic great nuggets of trading advices. Thanks
Always !!
This video was spot on! Thank you! I have your course and it is magnificent I’m learning so much.
I been consistent for a month trading SPY; the trades I’m taking isn’t from a repeatable setup, but rather what the market is showing me at that time, weather to scalp or trend trade, etc. It feels like I don’t have a real process that I’m following. A big problem I have is managing my risk, that I can fix, but how do I find a repeatable setup when my trades differ from another.
Where can I get one of those t-shirts?
OMG, OMG, OMG I needed this. Thank you.
Thanks king! Much needed after a terrible day
Great video! Gotta start selling those shirts 👀
Fantastic video bro. Nothing but facts dropped. Thanks for this!
Appreciate that
Thank you Sir...definitely needed to hear this.
If yall dont understand what hes saying in this vid,
really watch it again, take notes and dissect it.
Impliment his wisdom and values into your trading, youll see a difference.
PREACH !!
Very well said. Thanks!!
yep, made good money swing trading AMC, NIO, TSLA, NNDM, TTCF, FCEL, etc… the classics. been rough sailing since then. not to mention, day trading is a whole other ballgame entirely. humbled.
Carmine is one of my favourite price action traders out there! Excellent video!
I really appreciate it ! 🙏🏽
Thank you great video!!
Glad you liked it!
Definitely on point...you have to become a robot 🤖
Tired of people hating on 🍍pizza. I'm still tripping that I found this class. I really appreciate the clarity of thought under your tutelage. I've been out of this market for years from my first teacher, but it was worth it to find this class! First teacher who I learned the stock market from, could simplify it and he focused on fundamental and introduced options. I felt like for once the common everyday person had access to wall street! Class was small and grew in no time. Threw that I learned from others who who took up courses paying $6-8k and hadn't learned what they learned with him for $25m. I appreciated what I learned. Since joining this class I feel that all over again! The Discord is very live and uplifting, up-kept, and organized with self pace videos! Just like before, I've learned so much with the videos and I can tell this is only the beginning for this class with the way the flooded information comes as simplified and thought provoking with much effort and dedication for the average person in my opinion! I think these classes could fit any lifestyle and with any learning curve! Just the videos on line are a gem still! Best teacher😎for shore!💫 Information that focuses on the mindset without flashing riches and so much material to build up an arsenal to trade for success! Everything is thought provoken and focused on the market consistency! Even that is consistent and I appreciate that a lot! Shot's out to you for the new uploads!💯💥💣🤳🏾📢👀💥🌞💪🏾🙏🏾🥳🤔🤑🎓🚫🧢
Great video
Thank you🙏🙏
Most traders cant even make $1 a day remember that so try to achieve that first
Making the $ consistently first is the key
@@carmine_rosato indeed it is
As per usual , another incredible video!!! No Hawaiian pizzas though ehhh ?! I’ll let it slide
I love the video man. One question though. How many trades, in your opinion, does it take to qualify as repeatability?
At least 2-6 months of consistency. I don’t care if it’s $50 or $500. If your P/L calander has those wins, you need to have losses of 2x LESS than the wins. For at least 2-6 months.
solid advice Carmine, but c'mon bro, pineapple makes the pizza go 1000% like 0dte SPX calls brutha
The video is on point! 💯‼️…but pineapple goes on pizza 😊
Thank you . Well said.
Thanks Carmine
Pineapple 😂😂 but Carmine always throwing gems 💯💯❤️
Hahaha of course
Great wisdom nuggets @carmine. Had those types of days last week. Was confident in the strategy but market said something else until Friday.
Thank you for sharing. Keep the wisdom nuggets coming!
I’m having a hard time risking the same amount per trade with options. Do i set a certain amount to lose before the trade and then sell when it gets there even if it’s not at my stop loss? My winners are about the same as my losers rn so could use a suggestion here.
futures > options
Very hard to manage risk with options
Yeah I’m considering switching over, can you use the spy chart to trade ES/MES?
Just use ES chart no matter what SP500 instrument you use
Great Content as always!
I have a small account and I made like $1200 in 2 weeks, and I lost it all in 2 days. My losses were definitely too big! 🤦♂...But I'm back at it this week.
Excellent!!
needed to hear this.
well said carmine!
Here is a note from an experienced trader: if the market is unpredictable, then consistency is nonexistent. The truth is, if you are playing solid stocks or ETFs like AAPL or SPY, you must feel comfortable in letting that trade play out. When you become more experienced, you will learn to cut it accordingly.
By the way, great video!
Stick with a few names you know their personality
Always solid content carmine!
Not sure if you were aware, but Kobe's favorite pizza topping: pineapple.
Actually didn’t know that but that is hilarious and ironic both were mentioned in this video
@@carmine_rosato I just made that up. I chuckled when you said pineapple is nasty. I like pineapple on pizza - with some ham and mushrooms. Pizza aside, I enjoy your videos and think you put out quality content that is helping me learn more about the market and trading. Thanks for what you do. I like and subscribe.
Hahaha thank you 🙏🏽
Bro made a whole video just to say “stay consistent”
Well said!
Great stuff as usual!
Nice you make so much sense thanks man it's like I really needed to hear that no lie👌
Yes
Great one!
I really appreciate your content I just had my 1st $700 day with options .. and it's thanks to your course .. please keep creating more content..
Every single trader including warden buffet
Including him too
I need one of those shirts Carmine 👀👀👀
👀👀
Kobe holds the record for the most missed shots in history. Same, repeatable shot. Every time. Thx C 👊
I see a lot of "traders" sticking with a stock because they lost money with it. My advice for new traders is to focus on a solid stock like AAPL or a solid ETF like SPY and avoid looking at the average price. This means that if you buy the stock or EFT for $xzy, then sell it for $xyz+1% or whatever is realistic for that stock/ETF according to the timeline you are trading.
By the way, great video!
the best advice always
Great video 🎉
Needed this
Great video but bro pizza is yummy with pineapples
How to spot algos
You must have a laser focus. No distractions
amazing content
yes 🙌🙌🙌🙌🙌 very good
Thank you 🙌
Hey Carmine!!
I like pineapple in my pizza 🍕:-)
My god was a great lesson 😂
Well I was a proud Investitrade member, and then you had to go and slander pineapple on pizza! How do I get my refund?! 👀😂
#Facts
Carmine please tell us that's sweat on your face and not make up😅
carmine! drop some investitrade merch manggg dont be shyyyy!
appreciate what you do for our community thanks for the great content always much love from 317 Indiana bro
Maybe !
Bro I like pineapple and jalepeno pizza
🐐
💪🏼
Everything you said was gold except for the pineapple on pizza is nasty part lol
GOLD (meaning this video is solid gold... LOL... not "buy gold")
W
You talking gold bro
I had 4 $150~ days last week. Today was down $1k. I wasn’t entering trades any different
Well that’s an issue on your risk management plan. You shouldn’t enter a trade where your risk is $1000 but average winner is $150. That’s a trade you should not take
Scaling into a position and moving your stop loss to break even is key. Going all in on a volatile stock mean your stop loss could be 8 percent from your buy point. So the key is to risk 1 percent per trade by doing the following. Assume your stop loss is 10 percent away because you placed it under the current supply zone. 10 percent would not be worth the risk. However, start by dividing your planned total trade amount by 10 and then scale. The rest up as the stock increases all the whole putting your stop at the buy point.
Example: $10 stock, $9 stop, planned $10000 total trade. Start with 10/1*$10000. Your start trade is $1000 because your total risk is 1 percent of your account. Of the stock moves to $10.20 buy another $1000. Then update your stop loss to $10.10. that's your plan. Follow your plan and your losses will be small compared to gains.
I will be eternally grateful to you, you have changed my life and I will continue to spread your name to the world. You saved me from huge debt with very little investment, thank you so much Dan Price DFA.
@@Jack-smith991 If you need a broker recommendation, I suggest
Dan Price C FA
@@Jack-smith991 You can find him online, I have learned a lot from him.