👉 Trade with our Sponsor Broker: Trade Nation www.financial-spread-betting.com/ccount/click.php?id=95 Trade sensibly! 81.7% of retail investors lose money. 👉 We are seeking more contributors who can produce great video educational content about trading for our channel. If you think you have what it takes please get in touch by sending a message to traderATfinancial-spread-betting.com (remove the AT and substitute by @). 👉 It seems a lot of our viewers are non-subscribers. Make sure to subscribe to our youtube channel as we upload regular videos! If you hit the “Bell” icon (🔔) you will receive a notification on youtube every time that we upload a video on our channel. Bell icon hitters are super fans of our channel 🥰
This video is very pertinent today for me. P+L was at its highest ever last Friday, feeling euphoric and have let ill discipline in and have wiped out 60%of 9 months of gains in a week. Great game this.
That happened to me with oil, just last week. EIA report was short on oil inventories. I bought @ 72.97 using pretty much 40% of my account and the next day WTI tanked down to $70.56....lol. And I did one of the biggest rookie errors. I kept down shifting my stop loss insisting WTI will bounce up and hit my target of $74.00...
OMG Mark, you are a clairvoyant !! I had that FEARFUL moment scooping 500 pounds (not bucks!) only to to see it go up even more !!! Did have a strategy which went out of the window because I froze like that proverbial rabbit in the headlights and took profits too early because I was trying to recover losses !!! Hats off to you for being the most comprehensive tutor of ALL aspects in this Game, explained with such energy & enthusiasm, I am totally hooked on your Vids !!
Trade your plan, not your emotion. But..it's difficult sometimes so set your stoploss and your TP's. It will help you to get less emotional in trading.
God Mark...I had to put my like from every PC!... Lol... This video brought me righi back in 2018 when I was coming back at home tired as hell dealing with people watching your similar videos at night trying to understand that differenti mindset...well...still guilty of some of that ...
Can relate to all of them, but at this moment mostly to the first one, being attracted to volatility. Last week I thought I will try something new, to not trade the first 15 mins of market open. So just before 08:00 I draw my levels and then close the chart and relax with my eyes closed, with alarm set to 08:15. Saw the results instantly, today is my third green day in a row after weeks of red.
Another is NOT sticking to your stop loss! This use to destroy my accounts! I tell myself even if i get stopped out i can just get back in. Or move on. If you take too big of a loss it can seriously dent your account. ALSO scared trading is my problem. Just did it today with AMZN. Thanks for the video
really needs this video atm, I know most of these but was being lured in by volatility, Getting way to greedy and finding hard to take profits, going to work in this !
Quality content. To the point, quickly without any needless bells and whistles. The only bell involved is the one I clicked after commenting, subscribing and liking!
Fantastic video, Mark. Followed your channel for a while and am slowly becoming profitable. I still recognise a few of these traits and it's a timely reminder. Thanks
Thanks Mark for the work and content u put out there for us. Just wanna say I really appreciate it, it has helped me to become very deciplined and profitable in the markets and final understand how the game works.
He was talking to me with #6 and he said double down on what is working for you. I have a set up that tells me when the market is going up and down. But I'm tempted to go outside that strategy. But I'm becoming more and more disciplined and waiting for my time to strike. If I miss it then I wait for the next opportunity. I've stopped chasing the market and I let it come to me.
great video! i can relate to a lot of this things considering I'm a newer day trader. Was trading scared the other day and left $2k on the table by selling real early even though the technicals werent pointing to a trend reversal yet. I was up and saw a little pullback and yanked my profits out of fear that i was gonna lose it all.
maybe an extension of trading scared is taking profits too soon. it's funny how i can tolerate the pain until im stopped out on losers, but cant bare to see profits pull back a bit. then when i look back on the trade i tend to say; 'if only id held the winner longer'
Hi Team, how to handle when Gap down was happen, it will not hit your SL instead it will jump that SL and move further down...how do you handle this situation..? please make a video on this topic. Thanks.
What's up guys, i'm bullish on EURUSD, why ? because i think we a preparing for a reversal since the 17th... Why ? And there was a momentum fading. at least; useless to say, i might be wrong.
Today I only took a single trade with a very tight stop, because it was triple witching and that day I am abandoned trading by my trading rules. I didn’t loose much, because I have learned to trade with small positions, the trade had a perfect setup and I sticked to my rules, except that I took a trade on a triple witching day :-) Sure I have put on more trades if I won the first, but lucky I didn’t. BTW: I am ONLY trading one instrument.
👉 Trade with our Sponsor Broker: Trade Nation www.financial-spread-betting.com/ccount/click.php?id=95 Trade sensibly! 81.7% of retail investors lose money.
👉 We are seeking more contributors who can produce great video educational content about trading for our channel. If you think you have what it takes please get in touch by sending a message to traderATfinancial-spread-betting.com (remove the AT and substitute by @).
👉 It seems a lot of our viewers are non-subscribers. Make sure to subscribe to our youtube channel as we upload regular videos! If you hit the “Bell” icon (🔔) you will receive a notification on youtube every time that we upload a video on our channel. Bell icon hitters are super fans of our channel 🥰
This video is very pertinent today for me. P+L was at its highest ever last Friday, feeling euphoric and have let ill discipline in and have wiped out 60%of 9 months of gains in a week. Great game this.
:( 9 months means you've shown you're capable, all the best.
That happened to me with oil, just last week. EIA report was short on oil inventories. I bought @ 72.97 using pretty much 40% of my account and the next day WTI tanked down to $70.56....lol. And I did one of the biggest rookie errors. I kept down shifting my stop loss insisting WTI will bounce up and hit my target of $74.00...
Just sit back and let the volatility pass and wait for your set up. You don't have to trade. Good advice Mark
OMG Mark, you are a clairvoyant !! I had that FEARFUL moment scooping 500 pounds (not bucks!) only to to see it go up even more !!! Did have a strategy which went out of the window because I froze like that proverbial rabbit in the headlights and took profits too early because I was trying to recover losses !!! Hats off to you for being the most comprehensive tutor of ALL aspects in this Game, explained with such energy & enthusiasm, I am totally hooked on your Vids !!
One of your best videos. Especially for us that are established traders.
Trade your plan, not your emotion. But..it's difficult sometimes so set your stoploss and your TP's. It will help you to get less emotional in trading.
Very good timing for this video!
God Mark...I had to put my like from every PC!... Lol... This video brought me righi back in 2018 when I was coming back at home tired as hell dealing with people watching your similar videos at night trying to understand that differenti mindset...well...still guilty of some of that ...
The problem is that it's so hard to not repeat your mistakes, following the plan 100% almost impossible 😢 😕
Can relate to all of them, but at this moment mostly to the first one, being attracted to volatility. Last week I thought I will try something new, to not trade the first 15 mins of market open. So just before 08:00 I draw my levels and then close the chart and relax with my eyes closed, with alarm set to 08:15. Saw the results instantly, today is my third green day in a row after weeks of red.
Another is NOT sticking to your stop loss! This use to destroy my accounts! I tell myself even if i get stopped out i can just get back in. Or move on. If you take too big of a loss it can seriously dent your account.
ALSO scared trading is my problem. Just did it today with AMZN.
Thanks for the video
One could have a rule like, do not move until the dema is touching the kc... yeh. it can be so tricky as that.
really needs this video atm, I know most of these but was being lured in by volatility, Getting way to greedy and finding hard to take profits, going to work in this !
Quality content. To the point, quickly without any needless bells and whistles. The only bell involved is the one I clicked after commenting, subscribing and liking!
Fantastic video, Mark. Followed your channel for a while and am slowly becoming profitable. I still recognise a few of these traits and it's a timely reminder. Thanks
9:26, I am guilty of that at some point. I know setups that work but end up complicating my trading by bringing too many concepts to my trading.
Thanks Mark for the work and content u put out there for us. Just wanna say I really appreciate it, it has helped me to become very deciplined and profitable in the markets and final understand how the game works.
Must keep in mind.Thanks Mark🙏❤🙏
thanks man you helped me realize what was making me lose trades more often
Great video thank a lot for this content i believe this will help me stop making loses in trading .
Thanks i love your content and this is the very best and i believe this will help me stop losing in trading .
Another great video! Thank you!
thanks for all these advise, they are so true
He was talking to me with #6 and he said double down on what is working for you. I have a set up that tells me when the market is going up and down. But I'm tempted to go outside that strategy. But I'm becoming more and more disciplined and waiting for my time to strike. If I miss it then I wait for the next opportunity. I've stopped chasing the market and I let it come to me.
great video! i can relate to a lot of this things considering I'm a newer day trader. Was trading scared the other day and left $2k on the table by selling real early even though the technicals werent pointing to a trend reversal yet. I was up and saw a little pullback and yanked my profits out of fear that i was gonna lose it all.
Facts I feel like we can all relate to each one of these, nice content
maybe an extension of trading scared is taking profits too soon. it's funny how i can tolerate the pain until im stopped out on losers, but cant bare to see profits pull back a bit. then when i look back on the trade i tend to say; 'if only id held the winner longer'
Thanks a mill 🙏🏻
Hi Team, how to handle when Gap down was happen, it will not hit your SL instead it will jump that SL and move further down...how do you handle this situation..? please make a video on this topic. Thanks.
What's up guys, i'm bullish on EURUSD, why ? because i think we a preparing for a reversal since the 17th... Why ? And there was a momentum fading. at least; useless to say, i might be wrong.
Great content
This guy’s fantastic!
Volatility moves money from novices to pros.
very good
Great Vid!
Revenge against the market will burn your account..
Emotions take over..Disaster
I think I'm addicted to revenge trading
Ye I just pre-ordered my new Porsche for January 2185.... in 164 years.
You are funny. I thought I was being a little impractical with wanting a Sea Doo Switch next boating season.
Because of the economic crisis and the rate of unemployment, now is the best time to invest and make money 💯
Today I only took a single trade with a very tight stop, because it was triple witching and that day I am abandoned trading by my trading rules.
I didn’t loose much, because I have learned to trade with small positions, the trade had a perfect setup and I sticked to my rules, except that I took a trade on a triple witching day :-)
Sure I have put on more trades if I won the first, but lucky I didn’t.
BTW: I am ONLY trading one instrument.