One of the less discussed topics broken down by a seasoned trader, explained in a easy to understand way. Thanks Jared for helping us novices see the light with your very valuable advice.
Hey! Thank you! I want to say i absolutely love your videos!. Especially the ones on the psychological aspect of trading. I heard you say in a video you may stop doing these lectures:( i really really hope you don’t! I love your videos and i thank you for them!.
Great video. I am a 3R trader, usually 3R or nothing, but I often see stocks go up 5,6,7...10R some days, so now my rules are, first trade 3R, subsequent trades, I try to sit for a bigger move and get to break even after the first retracement. Will try add and reduce, I can see the benefits and potential drawbacks. This was extremely clear.
You are such a natural teacher! One of the best I've ever listened to!! In any field!! My take on this lecture is that if the conditions of a trade are favorable, as in this case, keep your mind open to the possibility of taking advantage of good individual trades in that stock and taking advantage of money management as yiu go... I will be definitely be re listening to this many times . Thanks for what you do!
Thanks Jared. Finding a consistent strategy has been tough here on the ASX - one day you will only get 1R scalps, the next you should have held for a 4R win. I've struggled to be honest, but for the sake of getting and staying green I've been aiming for lower targets.
Thanks, Jared! I have a feeling doubling the stop would've saved me from many losses, I'll go over my previous trades and check the data. Edit: it'd've helped me once out of 14 trades, so that's not my problem. My problem is trying to take reversals instead of trend-continuation trades, which I've already implemented rules to combat and I'm seeing an improvement. Keep up the lectures, they do help!
Basically if you re-enter after you already reached the initial 2R or more, your position stop loss will be at breakeven or higher if you double your position.
One of the less discussed topics broken down by a seasoned trader, explained in a easy to understand way. Thanks Jared for helping us novices see the light with your very valuable advice.
So glad you liked it!
This is my favorite topic! Ok I say that every week. So blessed to be able to learn from Jared. He is a real one.
Hey! Thank you! I want to say i absolutely love your videos!. Especially the ones on the psychological aspect of trading. I heard you say in a video you may stop doing these lectures:( i really really hope you don’t! I love your videos and i thank you for them!.
I appreciate that! Much more to come.
Great video. I am a 3R trader, usually 3R or nothing, but I often see stocks go up 5,6,7...10R some days, so now my rules are, first trade 3R, subsequent trades, I try to sit for a bigger move and get to break even after the first retracement. Will try add and reduce, I can see the benefits and potential drawbacks. This was extremely clear.
You are such a natural teacher! One of the best I've ever listened to!! In any field!!
My take on this lecture is that if the conditions of a trade are favorable, as in this case, keep your mind open to the possibility of taking advantage of good individual trades in that stock and taking advantage of money management as yiu go... I will be definitely be re listening to this many times . Thanks for what you do!
Thanks for sharing and keep up the good work!
Thanks Jared. Finding a consistent strategy has been tough here on the ASX - one day you will only get 1R scalps, the next you should have held for a 4R win. I've struggled to be honest, but for the sake of getting and staying green I've been aiming for lower targets.
Let's go! That time of the Week!
Thanks, Jared! I have a feeling doubling the stop would've saved me from many losses, I'll go over my previous trades and check the data.
Edit: it'd've helped me once out of 14 trades, so that's not my problem. My problem is trying to take reversals instead of trend-continuation trades, which I've already implemented rules to combat and I'm seeing an improvement. Keep up the lectures, they do help!
Thank you for such detailed video. This was a new concept for me.
Concepts matter!!! 1/2 shares, double the stop!!! Thank Jared
Happy you like it. Keep up the good work!
Blessing from Costa Rica, Awesome teacher, no BS, no shit show.
Thanks so much!
Jared you are gift to the trading community,thanks buddy
So glad you like it.
You da man Jared! thank you and thank you to the entire team at Live Traders
Very welcome. Glad it helped.
Another great lecture on a great subject! Keep it up!!
Will do. Much more to come!
Thank you
Basically if you re-enter after you already reached the initial 2R or more, your position stop loss will be at breakeven or higher if you double your position.
Great topic and even better explanation, thank you 🙏
Glad you enjoyed it!
Thanks for sharing
Spectacular video.
Many thanks!
Very good once again!
Thanks!
Good stuff
hi, Jared. I presume you are using the 20 simple moving average, right ?
great content. another one of the best video
Glad you think so!
but, the stock just didn't show momentum on that first rise, isn't the chance of failure higher in this scenario?
nvm i got your point, the pull back was too good, would have bought at that pullback, so add and raise stop in such scenarios
The section "when will the insanity stop" was missing :(
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*Promosm* 😄