For anyone wondering this is the secret, sadly it takes a while for the brain to comprehend what is being said, and how to apply it. Took me four years, this video changed my life, the key is to find a system that works through back testing repeatedly and account management. Now I can finally make double my account trading only twice a week
What a GREAT explanation! Being both a gambler and an investor, what you said makes perfect sense. Both are all about the edge and if you're able to find and exploit that edge, you'll come out a winner. The keys to investing which can be applied to gambling: 1)Look for a minimum 2 to 1 profit loss ratio 2)Set a stop loss 3)Set a profit target 4)Rinse and repeat without being greedy 5)Remind yourself to ONLY play when you have the edge
People just said I should make 1:2, but rarely explain WHY or where did that ratio came from. Your video make me finally understand, in very clear explanation. Thank you very much!!!
Exactly what I was thinking too! It's like I understood the first time, without confusion and this has just opened up my mind to possibilities. I studied this for several years (several years ago), and never really understood any of it.
@@shantanumarathe5 Agreed. I've seen the (important) concept of 2:1 profit versus risk explained elsewhere - but very few people do it with the clarity and panache of this guy! His casino analogy is a good one. Success isn't really about any individual trade on any individual day, it's about having the discipline too apply a consistent system where the odds are set up in our favour over time. Far from being like gambling, it is being like the house - just as he says.
Walter Neumann can you help me to know what app or apps to use for investing in the stock market...I'm starting from scratch and wanting to buy small first
@@TheFartKing88 bro if you are starting from scratch I recommend you to start with paper money instead of real money. And take some courses or read books.
@@rajthanya You clearly don't trade or didn't understand the video. Trading at the end of the day is a game of PROBABILITIES. He gave a perfect example of using casino rules in your trading. If you have been trading for long enough you would understand this.
Hey guys! Does anybody know, when he analyses the stock market trend graph, what time frame is he using, like is he looking at the trend of one day,? One month? Or the year?
this is life-changing lesson guys. You DONT HAVE TO PREDICT THE STOCK MOVEMENT. No need to know the future. Its all about the game of big numbers. I ve already read many material on this topic before this video, but this guy cemented my NEW WAY of trading. thank you!
January 2 2020, I found the teacher I love the most. I heard of Forex and stock trading in 2019 but could not find anyone to clearly explain to me what it was so I brushed it off until I came across one of your videos. I am 21 and I will update soon and let you know about the African girl you just helped turn into a millionaire. Please keep on teaching, these videos are the most informative videos ever. Thank you.
This information is pure gold. Do this with stocks like Tesla, Amazon, Apple, google, shopify, and facebook. If you get the buy sell cycle right, you can make crazy money. Keep an eye on the volume, if the volume thats being traded starts to erode from the day before, stock will probably start sliding down.
This is the best video about trading on the internet. Totally changed my approach towards trading and finally understood what trading actually is. Thank you Adam Khoo for sharing this knowledge.
Most people are visual base. I love it that he explains it visibly and very easy to understand. One word that does stick out to me light a light bulb is, "DUH".
After this video I can no longer walk into a casino haha. I prefer day trading in the stock market - better odds. This is the best explanation about profit-loss in trading and I have watched so many paid videos already. Amazing how he gives it away for free.
Come back when you've done some trades and invested some significant amounts and you'll quickly learn why it gets hard. Theres a million reasons why its hard.
Discipline is key. Stick to your initial bias. You can't keep on adjusting that stop loss. Cut without mercy. Don't fear missing out on the upswing. You don't want to end up with wishful thinking. Plan your trade, trade your plan.
It's the downfall of all rookie traders, I made this mistake many times in the past, it is in our nature to be hopeful but in the game of trading it does not work.
The most challenging part about this is identifying consistent patterns to make trades. Casinos create the statistical edge, traders have to find the statistical edge.
That is an excellent point. This is important math to understand and apply but it does need to be paired with a trading strategy that has an edge and that’s something everyone needs to work to develop on their own in accordance with their personality. In my opinion you need both of those things working in tandem to have the best long term success. I focus on identifying a swing low on one time frame and then adding to my position if/when there is follow through that creates a new swing low in a higher time frame. This process should keep repeating until the stock is making new highs on all time frames or I get stopped out by my trailing stop. Same process for compelling short opportunities using a swing high instead of swing low.
This is the best trading video I've ever seen, to date, including all the shit I've watched on Fib retracements, candlestick analysis and EMA crossover studies. This 16:53 mins is pure gold. Thank you, Adam.
This was the most surprising video i have ever seen. Honestly, I entered because of the Title and i just wanted to see where you are wrong. But you were not wrong. Simple, educating, funny. Well done.
I think this is the most critical mindset for traders to possessed while surfing in stock, futures, forex, crypto market. thanks Adam, it's really the game changer knowledge for trader
Sir, you're a truly gifted teacher. Your expressiveness and your lucid explanations will no doubt come to mind and serve as guidance on more than one occasion.
ahh.. Stop loss is the key to a successful trader. I need to implement this. I knew it was an important aspect in my trades but as a novice (a good portion of us) I tend to not follow principals and instead I let emotions take control of my trade. Apple and Tesla had a huge pullback after the split, I held onto my options instead of bailing. Could of save half of my option investment but I let my loss ride in hopes it will turn up (green), well I ended up losing the max. Thank you Adam for this refresher, you explained it in a way that made easy sense mathematically and made trading fun again. I'm a natural gambler, but tired of being the player!!!!
You are very knowledgeable on trading. I just joined E-trade as a beginner. I'm not buying any stock yet. Just reading and watching videos to gain knowledge before buying. Your video enlightened me a lot.
In my opinion, the way I win money (20-24%) over time in stocks, tracking 4-5 stocks closely over a period of time. And only focus on those. Have a mix from different segment, One Oil (BP, Shell or Dig Company like Nabors), One Historical Blue (Walmart), One Tech (Apple, Fitbit, Google), One High Risk (Falling Star like Ford, GE), One Health (Walgreen, J&J). One Weekly Stock (This will be a news stock which changes from week to week or have upcoming earnings with some edge as Adam explained in video) All stocks have somewhat cyclical pattern, seasonal pattern, falling pattern, upward pattern; you can then play strategy week after week. Stick to selected stocks for 3 months at least. Hope it works out for you guys. I am not endorsing this strategy but it works for me and wanted to share for educational purpose. The moral is though, as Adam explained Stocks can be great instrument to make money, given that you do not get greedy or emotional (stop loss) and study your basis.
Thanks Shaun. I like the idea of getting to know a particular stock. Having one from each of the major sectors is a good idea also. No harm in having them on a watchlist to monitor. You're right about the emotions also, i think that's the number one killer of trading accounts; emotions (mainly fear and greed). Good luck man.
yes. totally agree. also, just putting my two cents... what discourages the instant gratification crowd is that some stocks have patterns that you only see when looking at long time spans. look at stocks like LEN or AT&T or even Chevron. these stocks might reach resistance this year then next year fall to a support level. years of waiting, lol.
I wish I had seen this video 3 years ago when I started trade. Very knowledge condensed in few minutes. Thanks for sharing Mr. Adam Khoo. I learned this knowledge in a different way. By studying Kelly's formula and applying it to a large number of randomly trades in Excel. The end result don't lie: Profit. In my opinion: Professional trade = edge + money management. No Edge = No play. With Edge, play small to survive a series of losses. It's gonna happened. It's statistical. Even with your edge work fine. Always use stop loss and accept it as part of the game. In the end, your Edge will recover of your losses and give you a nice profit.
this is the most useful 17mins video I've watched in TH-cam, I've learned a lot than watching any random trading videos, i feel like I'm a pro trader now haha
In the last month or so I've been watching you tube videos of maybe 4 or 5 traders to try to explain trading in the stock market, most of them helped me as I'm a complete beginner. Most of them were very motivational. But this guy explained it in this video in such a way that it now makes sense to me. For me as a complete beginner this is I think my light bulb moment when it comes to trading in the stock market. The journey continues and I hope the destination would be sweet. Thank you sir and I wish everyone to be as profitable as a casino. 🙂🙂🙂🤪🤪🤪🤘🤘🤘
Wow. Everything I’ve read and watched over the last few weeks has gone over my head. This video just made a lot of stuff make sense. Your voice is loud, assertive and crystal clear. Your method for explanation is 👍👍👍. What a fantastic teacher. Much thanks.
After 4 years, this video is mind blowing, because we know this, in our head we know this, but our emotions plays better than the maths. So, this is the deal, put your entries and stop losses and never but never look the chart again until you see that all the trades are finish. And thats it. And of course, Stick with your strategy no matter what.
Hello Adam, Recently I got into the youtube financial niche, and I’ve taken a deep dive into investing, particularly in fx, stocks, and ETFs as they interest me. Tried several methods trying to figure out the best approach to building my portfolio. So far, I’m making progress with the help of my technical trade analyst. I’ve been able to compound a substantial amount in profits from my trades. Back to the video, wonderful job there, always look forward to your next content.
that is like the best explanation one could ever get on how to trade like a pro SOOO good and it all makes sense. TY for providing this info for free! :D
@@zino7417 How about you? How are you doing? For me I finally settled on a very descriptive trading plan, and the only loses I got from it (which were few) came from emotions.
The prob with this math is... when u blindly invest, the numbers may be like this. But if you read it wrong, it is 100% failure. You will never put your money in when you think you are wrong. You only put it in when you think you are right. It is those times that when you lose your ass completely.
Lol now i clearly understand the statement " don't be greedy " . i use to aim for more than 70% win rate. now i know that with a 48% win rate i can still profit because as explained by the 2:1 win to loss ratio. This has put me on another level as a begginer
Your lesson is very clear and very knowledgeable. However the math for 1to2 ratio is 33% win rate. Price have to travel twice the distance to hit your take profit against one time to get to your stop loss. 1/3 equal 33%. However any ratio you choose 1 to 1 or 1 to 2 as long that you stick to it and don't keep changing it will eventually be 50/50 chance statistically speaking. What will make us profit is the edge we have against the market and the experience predicting which direction it will go that will add to our 50% chance
Just about anything you invest in that has a high risk is gambling. It's not Casino gambling in which you roll the dice and hope and pray. Trading have a lot of variables that go into each trade before you take the trade. Most people think of trading with a gambling mindset, this is why most traders Lose consistently. Hope this help.
but trading is gambling with a strategy, people complain they do not make money off gambling it is because they do not know the right way to go about it , i do.
Agreed, and thank you for this perspective. The trickiest part is sticking to the game plan in the heat of battle. This is what i am currently working on in my trading, how to think statistically and your casino analogy helps. Also the way you said "...it's just luck" revealed a lot to me, regarding how one must view each trade. Thank you for that insight.
This is a perfect explanation. you win this way if your winnings are over 34%, which is VERY likely, of course. The only thing not mentioned is that the commissions and fees, versus the position gain has to be neglectable. It doesn't work quite that way for 100 shares on a $1.25 stock, if your commission is $4, since your break even is skewed up. However, probability for a win can be further elevated if you scan for news and bag holder levels. ---- Excellent video. Recommended!
This 17 minutes video has literally changed my trading life. Can not appreciate this man enough.
hows your trading account 10 months later
It's a year later... Can You be so kind to let me know how your trading is going now?
I guess you did so good you went on vacation to a place with no technology and don't get TH-cam alerts. Congratulations.
I think u died cuz u didnt reply on the comments 😞 RIP 😭
he become mellionare now 🙄
For anyone wondering this is the secret, sadly it takes a while for the brain to comprehend what is being said, and how to apply it.
Took me four years, this video changed my life, the key is to find a system that works through back testing repeatedly and account management. Now I can finally make double my account trading only twice a week
What a GREAT explanation! Being both a gambler and an investor, what you said makes perfect sense. Both are all about the edge and if you're able to find and exploit that edge, you'll come out a winner. The keys to investing which can be applied to gambling:
1)Look for a minimum 2 to 1 profit loss ratio
2)Set a stop loss
3)Set a profit target
4)Rinse and repeat without being greedy
5)Remind yourself to ONLY play when you have the edge
This can also be a lesson in life; taking asymmetric opportunities that have higher upside than downside.
how far you go with gambling ?
Define "The Edge" you keep referring to.
Just look at the level of ENERGY in this guy .... what a teacher ..
People just said I should make 1:2, but rarely explain WHY or where did that ratio came from. Your video make me finally understand, in very clear explanation. Thank you very much!!!
This gentleman is blessed with the gift of being able to teach succinctly. I love his style. Very informative and efficient teaching style.
DJ Euphoria He is very energetic and enthusiastic. ✌🏻
@hasitha wijesinghe Chinese pride from all around world
Exactly what I was thinking too! It's like I understood the first time, without confusion and this has just opened up my mind to possibilities. I studied this for several years (several years ago), and never really understood any of it.
@@shantanumarathe5 Agreed. I've seen the (important) concept of 2:1 profit versus risk explained elsewhere - but very few people do it with the clarity and panache of this guy! His casino analogy is a good one. Success isn't really about any individual trade on any individual day, it's about having the discipline too apply a consistent system where the odds are set up in our favour over time. Far from being like gambling, it is being like the house - just as he says.
Chong Hong Yi let’s toast to that, corona 🍺 for everyone
This is the best teacher of trading I have come across on the internet so far.
Walter Neumann can you help me to know what app or apps to use for investing in the stock market...I'm starting from scratch and wanting to buy small first
@@TheFartKing88 bro if you are starting from scratch I recommend you to start with paper money instead of real money. And take some courses or read books.
Check The Trading Channel . . . he's one of the best
@@sanctumsomega hows his training?
check HumbleTrader
Almost every traders understands this, but we need someone like you to remind us this. Very well presented!! Thanks.
I love this guy. First trader teaching the math without constantly gloating about how much he made this morning. Thanks!!
Strictly about the content... all his videos I haven't seen an expensive watch, cars, houses or even a fancy office space to prove you can make it
haha "without constantly gloating about how much he made this morning."
@@lucastshibambu202 true 👍
This guy is straight forward to the point.
Does not bullshit unnecessary things.
In 17 minutes I’ve learned more from you than reading on the internet for a week.
Omar Al-Salem agree
really???..plssss..trading and casino are two different world..if u see the way he said..U ARE IN TROUBLE..
@@rajthanya You clearly don't trade or didn't understand the video. Trading at the end of the day is a game of PROBABILITIES. He gave a perfect example of using casino rules in your trading. If you have been trading for long enough you would understand this.
Stop loss doesnt work very well because the marlet can gap down below it.
Hey guys! Does anybody know, when he analyses the stock market trend graph, what time frame is he using, like is he looking at the trend of one day,? One month? Or the year?
this is life-changing lesson guys. You DONT HAVE TO PREDICT THE STOCK MOVEMENT. No need to know the future. Its all about the game of big numbers. I ve already read many material on this topic before this video, but this guy cemented my NEW WAY of trading. thank you!
January 2 2020, I found the teacher I love the most. I heard of Forex and stock trading in 2019 but could not find anyone to clearly explain to me what it was so I brushed it off until I came across one of your videos. I am 21 and I will update soon and let you know about the African girl you just helped turn into a millionaire. Please keep on teaching, these videos are the most informative videos ever. Thank you.
Dude could u please update what happened to u rn??? Are u millionaire??
Took this guy's courses. He's legit. Very reasonable and calculated results. That profit simulation and position size calculator are amazing
This information is pure gold. Do this with stocks like Tesla, Amazon, Apple, google, shopify, and facebook. If you get the buy sell cycle right, you can make crazy money. Keep an eye on the volume, if the volume thats being traded starts to erode from the day before, stock will probably start sliding down.
This is the best video about trading on the internet. Totally changed my approach towards trading and finally understood what trading actually is. Thank you Adam Khoo for sharing this knowledge.
Is t profitable after 1 year?
Is it profitable now?
Answer please...
Most people are visual base. I love it that he explains it visibly and very easy to understand. One word that does stick out to me light a light bulb is, "DUH".
I see a lot "DUH" moments in your future 😂
After this video I can no longer walk into a casino haha. I prefer day trading in the stock market - better odds. This is the best explanation about profit-loss in trading and I have watched so many paid videos already. Amazing how he gives it away for free.
Dooley.. go to the casino with a strategy, a plan, a set win loss stop, play the bets that pay 35:1, enjoy the money 💰
@@josebaztan77 They only pay 35:1 because they win so infrequently that you will still lose. The house always wins.
I learned how casinos make money finally these guy is good
Trade Like a Casino for Consistent Profits by Adam Khoo
All politics aside I've learnt to always pay attention to an Asian man talking numbers, this video backs my claim 100% . God bless you Adam Khoo
this guy is crazy cool. he is basically explaining dollar cost averaging. but in a new way. i understand this mor than the old way is taught.
This is easy to learn, hard to apply. But in the end, he's right...
because of the lack of long term discipline (that separates good trades from bad). And long term I dont mean months, but years.
Add trailing stop, to ride your profits while staying protected.
Come back when you've done some trades and invested some significant amounts and you'll quickly learn why it gets hard. Theres a million reasons why its hard.
He's right in theory
Discipline is key. Stick to your initial bias. You can't keep on adjusting that stop loss. Cut without mercy. Don't fear missing out on the upswing. You don't want to end up with wishful thinking.
Plan your trade, trade your plan.
The accuracy of emotions about losing big and winning less is mind blowing. Thought i was the only one.
lul
It's the downfall of all rookie traders, I made this mistake many times in the past, it is in our nature to be hopeful but in the game of trading it does not work.
The trick is doing the exact opposite. Hold on to winning trades and close losing trades early.
Made f.cking 30k in 2 months.lost 12k in one bad decision. When emotions came you have lost it
@Lician lonut Cocos
Can you share any channel or book to learn how to trade ?
Mr. Khoo is the most knowledgeable about trading on YT and he can explain exceptionally well, I can listen to him all day.
Setting a strategy and avoid getting greedy and emotional are keys to success! Thank you Adam! 💯👌🏼
Facts!!!!
The most challenging part about this is identifying consistent patterns to make trades.
Casinos create the statistical edge, traders have to find the statistical edge.
CaliCoin Digital no, you create one just like them. Find a pattern, use it to your advantage. That’s an edge brotha
That is an excellent point. This is important math to understand and apply but it does need to be paired with a trading strategy that has an edge and that’s something everyone needs to work to develop on their own in accordance with their personality. In my opinion you need both of those things working in tandem to have the best long term success.
I focus on identifying a swing low on one time frame and then adding to my position if/when there is follow through that creates a new swing low in a higher time frame. This process should keep repeating until the stock is making new highs on all time frames or I get stopped out by my trailing stop.
Same process for compelling short opportunities using a swing high instead of swing low.
You have to backtest like you’re training for the trading Olympics. Then you HAVE to let the probabilities play out once you’ve identified your edge.
Adam, I've nothing but profound respect for you! Your vibrant energy and passion for trading can wake the dead!
Every investor who wants to be successful in stock trading must see this video. Wonderful presentation, thanks a lot Adam!!!
This is the best trading video I've ever seen, to date, including all the shit I've watched on Fib retracements, candlestick analysis and EMA crossover studies.
This 16:53 mins is pure gold.
Thank you, Adam.
This is the BEST explanation to trading i have ever come across
I don't get it, why would people hate this video? This is one of the best videos I have watched in money management.
This was the most surprising video i have ever seen. Honestly, I entered because of the Title and i just wanted to see where you are wrong. But you were not wrong. Simple, educating, funny. Well done.
One of the Best Lecture on Trading so far... it really improved my understanding about market
Without any doubt, one of the best ever trading related videos.Thank you Adam!
I think this is the most critical mindset for traders to possessed while surfing in stock, futures, forex, crypto market.
thanks Adam, it's really the game changer knowledge for trader
Sir, you're a truly gifted teacher. Your expressiveness and your lucid explanations will no doubt come to mind and serve as guidance on more than one occasion.
ahh.. Stop loss is the key to a successful trader. I need to implement this. I knew it was an important aspect in my trades but as a novice (a good portion of us) I tend to not follow principals and instead I let emotions take control of my trade. Apple and Tesla had a huge pullback after the split, I held onto my options instead of bailing. Could of save half of my option investment but I let my loss ride in hopes it will turn up (green), well I ended up losing the max.
Thank you Adam for this refresher, you explained it in a way that made easy sense mathematically and made trading fun again. I'm a natural gambler, but tired of being the player!!!!
I never hear someone say "Statistically" as fast as this guy here. Will give a like.
10/10 would watch again to hear him say "statistically"
asian always wins
The Legend Never Die!!! It's 2020 and i still watch this video more and more!!
i never watched 17 minutes of video on youtube in intire life great energy great human being love you man
You just earned yourself a subscriber, Sir.
Savannah Speer me too
WOOOOOOOOOOW
Amen to that
Me too
Adam... you killed this presentation bro. You just made me understand something I been struggling to comprehend
This has to be the most exciting 16 mins I have spent on a single TH-cam video in a while
Investing now
Bosheng Cao duhhhh lol
😆
Bosheng Cao what broker or app you guys use for investment. Thanks
@@zikem1006 use traderways bro best broker for real im on over 2 years now
You are very knowledgeable on trading. I just joined E-trade as a beginner. I'm not buying any stock yet. Just reading and watching videos to gain knowledge before buying. Your video enlightened me a lot.
In my opinion, the way I win money (20-24%) over time in stocks, tracking 4-5 stocks closely over a period of time. And only focus on those. Have a mix from different segment, One Oil (BP, Shell or Dig Company like Nabors), One Historical Blue (Walmart), One Tech (Apple, Fitbit, Google), One High Risk (Falling Star like Ford, GE), One Health (Walgreen, J&J). One Weekly Stock (This will be a news stock which changes from week to week or have upcoming earnings with some edge as Adam explained in video)
All stocks have somewhat cyclical pattern, seasonal pattern, falling pattern, upward pattern; you can then play strategy week after week.
Stick to selected stocks for 3 months at least.
Hope it works out for you guys. I am not endorsing this strategy but it works for me and wanted to share for educational purpose.
The moral is though, as Adam explained Stocks can be great instrument to make money, given that you do not get greedy or emotional (stop loss) and study your basis.
Thanks Shaun. I like the idea of getting to know a particular stock. Having one from each of the major sectors is a good idea also. No harm in having them on a watchlist to monitor. You're right about the emotions also, i think that's the number one killer of trading accounts; emotions (mainly fear and greed). Good luck man.
Every stock or currency pair has its “personality” - Anonymous
Oil stocks are shit these days. Go for water instead.
yes. totally agree. also, just putting my two cents... what discourages the instant gratification crowd is that some stocks have patterns that you only see when looking at long time spans. look at stocks like LEN or AT&T or even Chevron. these stocks might reach resistance this year then next year fall to a support level. years of waiting, lol.
10:53 best.. professional trader studies and improves everyday
15:05...this is good nd real..very positive
Reminds me a lot of Mark Douglas's Trading in the Zone. It simple boils down to identify your edge, determine your risk and take the trade and repeat.
Where can I find his strategy ?
Finally, information on a complex subject that can be easily digested by the average person
Everything you're saying is clear like a crystal to the point that I wanna travel all the way to just shake your hands out of gratitude.
Isn't this the best forex video we've got?
Very true and the best book is undoubtedly trading in the zone by mark Douglas
Sir you're being unselfish. Thanks for the Idea. Just please keep it up. Don't mind those negative and bad comments. You're inspiring people.
This is probably my favorite video on TH-cam.
This is mind blowing, almost makes me think that I've been so stupid all this time. Thanks Adam. Very valuable lesson 👍👍
Interesting explanation. "Being a trader is better than owning a casino"
You got me. Subscribed
lul
I wish I had seen this video 3 years ago when I started trade. Very knowledge condensed in few minutes. Thanks for sharing Mr. Adam Khoo.
I learned this knowledge in a different way. By studying Kelly's formula and applying it to a large number of randomly trades in Excel. The end result don't lie: Profit.
In my opinion:
Professional trade = edge + money management.
No Edge = No play.
With Edge, play small to survive a series of losses. It's gonna happened. It's statistical. Even with your edge work fine.
Always use stop loss and accept it as part of the game. In the end, your Edge will recover of your losses and give you a nice profit.
HI Claudinei, what is Kelly;s formula?
tom yang please follow this link www.investopedia.com/articles/trading/04/091504.asp
Thank you!
this is the most useful 17mins video I've watched in TH-cam, I've learned a lot than watching any random trading videos, i feel like I'm a pro trader now haha
And that is one of the biggest secrets to becoming a successful trader.
Having an edge with proper risk management.
I just stumbled on your channel and I must say you're a great teacher. I've never seen anyone explain things this well in a while.
In the last month or so I've been watching you tube videos of maybe 4 or 5 traders to try to explain trading in the stock market, most of them helped me as I'm a complete beginner. Most of them were very motivational. But this guy explained it in this video in such a way that it now makes sense to me.
For me as a complete beginner this is I think my light bulb moment when it comes to trading in the stock market.
The journey continues and I hope the destination would be sweet.
Thank you sir and I wish everyone to be as profitable as a casino. 🙂🙂🙂🤪🤪🤪🤘🤘🤘
Wow. Everything I’ve read and watched over the last few weeks has gone over my head. This video just made a lot of stuff make sense. Your voice is loud, assertive and crystal clear. Your method for explanation is 👍👍👍. What a fantastic teacher. Much thanks.
Best content you can get in under 20 minutes and it’s free!
This man is doing god's work , God bless brother
Hi, I am from India. The video was amazing. Keep posting such videos so that retail traders like us could benefit. Great work !!
After 4 years, this video is mind blowing, because we know this, in our head we know this, but our emotions plays better than the maths. So, this is the deal, put your entries and stop losses and never but never look the chart again until you see that all the trades are finish. And thats it. And of course, Stick with your strategy no matter what.
Crazy explanation, you are God given Adam, thank you for your video!
Glad it was helpful!
I've done this even before wathing AND understand what stop loss is, but after i watch your video now i understand what i must do. Thank you
I didn't start trading yet.
But the same idea i had in my mind .
Now i think i should go for it.
Update? How’s the trading going?
Every trader should watch this video.
give this man an award
This is one of the best videos on stock investing. So many easy to understanding lessons.
This is some of the realest talk I ever heard
Yo real shit
wow. I have watched this video countless times and it still blows my mind. Thank you for making this Mr Khoo
Hello Adam, Recently I got into the youtube financial niche, and I’ve taken a deep dive into investing, particularly in fx, stocks, and ETFs as they interest me. Tried several methods trying to figure out the best approach to building my portfolio. So far, I’m making progress with the help of my technical trade analyst. I’ve been able to compound a substantial amount in profits from my trades. Back to the video, wonderful job there, always look forward to your next content.
Thanks Adam, you touched an angle that I've been grappling with and made it simply clear. I trade forex.
man, man, your psychology just blew me away. thanks.
Such an interesting video! Wow.. also ur way of talking/explaining makes it great to watch, keep on going! And thanks for ur knowledge
The best trader teacher ever
that is like the best explanation one could ever get on how to trade like a pro
SOOO good
and it all makes sense.
TY for providing this info for free! :D
So, 2 months later, how you doing friend after doing 200 trades?
Igor Belayev how you doing?
You must read this fabulous french book "Les points faibles de la Roulette " Whidarte J.
Don't Read My Profile Picture Its been a month.. how are you doing?
@@zino7417 How about you? How are you doing? For me I finally settled on a very descriptive trading plan, and the only loses I got from it (which were few) came from emotions.
This is the best explanation I’ve seen, thank you.!
Yes good, i using a strategy grid called "hedgestrategy1". It works good from many Years. It's a different approach, but with math component.
The prob with this math is... when u blindly invest, the numbers may be like this. But if you read it wrong, it is 100% failure. You will never put your money in when you think you are wrong. You only put it in when you think you are right. It is those times that when you lose your ass completely.
You must read this fabulous french book "Les points faibles de la Roulette " Whidarte J.
I couldn't find anything more valuable than this today in internet....thank you so much for all the information you gave in this following video
Profitable trading in a nutshell ❤️
Very well explained
Glad you liked it!
A simple strategy
Thanks
How do I make a profitable trade on forex market?
Can someone actually manage my accounts for real?
Samuel Mike how do I reach Mr Alec Payne
How do we reach him please
Micheal Brucellosis yeah
Probably the most valuable video when it comes to day trading. Thanks for the knowledge!
Glad it was helpful!
Yes it was
Lol now i clearly understand the statement " don't be greedy " . i use to aim for more than 70% win rate. now i know that with a 48% win rate i can still profit because as explained by the 2:1 win to loss ratio. This has put me on another level as a begginer
Your lesson is very clear and very knowledgeable. However the math for 1to2 ratio is 33% win rate. Price have to travel twice the distance to hit your take profit against one time to get to your stop loss. 1/3 equal 33%. However any ratio you choose 1 to 1 or 1 to 2 as long that you stick to it and don't keep changing it will eventually be 50/50 chance statistically speaking. What will make us profit is the edge we have against the market and the experience predicting which direction it will go that will add to our 50% chance
Can you recommend any materials or channel to learn deeply in technical analysis ?
Your videos are very much informative and motivational to survive in market in long run . God bless you ..
This video wins 100% of my respect. THANKS HEAPS!❤
In my personal opinion. This is your best video. I come back to it all the time every few months.
Im glad videos like this have millions of views
2 Can Sam that sounds tricky..
Just about anything you invest in that has a high risk is gambling. It's not Casino gambling in which you roll the dice and hope and pray. Trading have a lot of variables that go into each trade before you take the trade. Most people think of trading with a gambling mindset, this is why most traders Lose consistently. Hope this help.
but trading is gambling with a strategy, people complain they do not make money off gambling it is because they do not know the right way to go about it , i do.
What strategy do you make ?
Simple and clear...will I say that stumbling upon this video is just a good luck..?
This guy is the real deal. This is the basic strategy that I came up with that you almost see nobody talking about!
Superb explanation Adam...!!
Thank you 🙂
To summarize the video: RISK MANAGEMENT! Should apply in every trading plan before entering a position.
Thank me later.
if you dont have time to watch a 17 minute video, you might as well not be a trader at all
The Ultimate Algorithm for Trading/Gambling
I have done this all strategy 10/9 times works in my sides 60 40 %formula and stoploss
Are you using price action ? What indicators are you using ?
I love the concept of "rig the stock market, awesome.
You rig your brain, market is still gonna do it's thing
Agreed, and thank you for this perspective. The trickiest part is sticking to the game plan in the heat of battle. This is what i am currently working on in my trading, how to think statistically and your casino analogy helps. Also the way you said "...it's just luck" revealed a lot to me, regarding how one must view each trade. Thank you for that insight.
You are really good at explaining concepts, i have learnt so much from you, thank you so much Adam Khoo!
This is a perfect explanation. you win this way if your winnings are over 34%, which is VERY likely, of course. The only thing not mentioned is that the commissions and fees, versus the position gain has to be neglectable. It doesn't work quite that way for 100 shares on a $1.25 stock, if your commission is $4, since your break even is skewed up.
However, probability for a win can be further elevated if you scan for news and bag holder levels. ---- Excellent video. Recommended!
How to manage the position sizing with the commissions and fees ?