Become the greatest trader. This checklist should help.
ฝัง
- เผยแพร่เมื่อ 22 ก.ค. 2024
- Rules to follow to stop making dumb mistakes.
My website! www.imantrading.org
My Patreon: / imantrading
Second channel: / @imantradinglive
Instagram: / imantradingfutures
ImanTrading Discord server: / discord
My email: imanktrading@gmail.com
Trading platform: ninjatrader.com/GetStarted _
Risk disclosure: Futures and forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
You really made it!! You're getting spammed by scam bots. 🥰🥰
Your videos are so good, man. Every now and then I go back and re-watch your videos to remind myself that we have absolutely no control over what happens in price. I hope you keep making videos, it really helps.
Thank you so much! Those are the comments that give me the motivation to make videos :). I appreciate it.
Good advice here, nice job putting it together. In the start of my career trading the 'Mental & Emotional' stuff was my biggest problem. Got to get control over all of those silly thoughts & control the emotions. It may sound easy, but it can be the MOST difficult thing you will ever need to do it your life. Keep going, Keep Growing - You will get there in time & with the effort. Best to you!
I am aware of my awareness, and my training... Loving your channel content buddy, keep it up.
This video really helped me to reflect. I am cashing out way too early because I am afraid of the pain of losing it all again. If I would have hold my aapl calls just one more day I could have 6x the profit that I took.. thank you so much for this
Thanks for this as well as your summarized videos. You got a good sense of humor that makes a lot of dense stuff enjoyable to digest
Love you man. The knowledge your giving out from what you learn saves me months of mistakes
Dude I have found your channel 2 days ago, started watching all of your videos from the first one. Feeling like I have found a gold mine, pure alpha here no BS. I really appreciate it. Taking the knowledge that I was seeking for my psychology. This will literally help me so much. Thanks borther.
So happy to hear that! Thank you, and glad the videos are helping 😄
I needed this last week 😆. Closed my trade early and watched every tick.
New to your channel, good, informative content with alot of humour and personality. Love it💪
Hey ImanTrading, I started watching this yesterday evening but decided against that halfway and used it for my morning meditation today. This video is full of gold nuggets for every trader. Thank you!! 👍
Me too
your sense of humor keeps it fun. Keep riding that bike!
I don't comment on here too much but you are too good!
Your videos are interesting, accurate, and just fun to watch.
Jokes are super funny and content is spot on. Really really good!
Wow, thank you so much! I really appreciate that 😄
great video, summarizes a lot of things I have learned from reading Mark Douglas's books and watching hours of his teachings.
Indeed, your videos are really highly educational. Usually, I watched each at least twice or even more. Many thanks for the hard work and valuable sharing!!!
Thank you so much!!
When 1st starting out risk/reward ratio shouldn't be a factor. So you risked 300 & got 25$. Now you have 25$ more than you had before. You didn't lose. YOU GOT 25$! Now on to the next. As you take small profits you gain profit. You gain confidence. You gain experience. You learn that, hey, I could have waited until here to get out. The more you trade the more you hone in on just how long you should be in a trade. You should be in a trade as long as technical analysis tells you to be in the trade.
Focusing on risk/reward is focusing on an amount. Chasing money is a losing strategy period. The thought, I need to make X on this trade will cause you to lose more, faster than you thought possible. The market doesn't give a damn if you need to make X, it will take 10x from you trying to stick to that plan.
You make a good point, but so does the video. Trying to tighten your R:R to take profit at smaller levels just trains your mind to get out asap when your in the green. I think there is a lot to learn in knowing when to hold. And if you lose, you lose. You learn and get going. In other words why put a R:R of 1:3 if you can't handle holding that long? But again. You make a good point too. Market doesn't give a crap about your RR. I guess you learn something both ways.
this is gold, and so is this entire channel.
You are hilarious and this information is liberating. Thanks!!
This could be the most important video i've watched in months.
Are u a bot or real person
Great info man! Those tips surely help with psychology
Shoulder and back problems can be cured in most cases by years of training, like pull ups.
Great videos IT! Thanks so much, started down the rabbit hole of beginner trader and TH-cam hell but have really appreciated the value you place on process over profit, human psychology and references to M. Douglas and especially Tom Hougaarrd, Paper trading on moomoo but want to figure out wtf all this means to the little spongy thing in my head before I jump in ass first and lose my kid's lunch nickels - enjoying the journey and love the style, humour and wit in your vids- taking a shit ton of notes and trading, trading and more....trading, keep it up and will support you on Patreon! thanks!
Thank you so much for the kind words John, I really appreciate that 😁❤️
Your the best non crypto financial adviser on TH-cam. That joke was impaired by you. Thank you brother!
bro deff the most valuable trading content ive come across you are a boss!!!
Thank you so much!
Dude......I've been trading a long time ...and this list .....Rock's . Awesome delivery....Keep going with your flow.....or don't..... you know.... you do you...... Thanks for your creation.
i think ill do 200 push up everyday..😭
love you Iman every video you post is high quality info❤️❤️❤️
jazzakllah imaan bro. me and you we are a fan of mark douglas's teachings. i dedicated to my whole life when i came across mark's book trading in the zone in 2019 and to be honest at that moment i was a in a loosing streaks big massive losses and then i accepted the reality and stopped fighting and resisting it just takes that and it's amazing how people are not willing to accept the risk lol.
bdw which app did you use to write the lesson bro?
Brilliant as always
damn this is probably one of the best trading psychology videos i've ever watched, super informative and succinct at the same time. great job summarizing everything so clearly, especially that chart you sto-borrowed from trader tom!
definitely needed this after having another rough trading today, will be implementing some of these rules for sure going forward.
😄 thank you so much! Very kind.
Your calling may be a trading therapist.
This might be the second time ive made a message for TH-cam, but once I seen you are a fan of Tom Haugaard, you have my respect.
This video is good but also should be led with a big asterisk of everybody is different. For example your rules of don't close a trade early, dont watch a trade. DTND regularly exits his trade before it hits target, or moves his target in, because he isn't liking what he's seeing. He also sits down and watches the trade for the duration of it in most instances, from what I gather.
What do you think is the best risk to reward ratio ? Which one do you use ? A lot what timeframe you place your trades on the most ?
Question for the community.. What is the best way to find local day traders? Would love to find some trading buddies in my local area to connect with. New to Los Angeles
Your presentation is unique, making it easy. to appreciate the concepts.
$AERC did 10X in last 2 weeks
$AREC is a great example of why you don't move the Stop Loss and why you don't watch the trade and why you allow the trade to develop.
Same on the shoulder
come back to take notes 📝📝
great video
❤️🧠
You are my new favorite youtuber. Time to prune my subs.
Wow, thank you so much. That means a lot to me 😄
thank u this is so helpful
if you don't watch the trade work out, how would you run your profits?
Thank you
I just started watching your TH-cam channel man. Im in intrigued.
I love what Mark Douglas taught and what Trader Tom does ... great combo!
If only all of TH-cam were this realistic and honest. Thank you sir❤
Trading in the Zone will help trader to become better version of his self.
Idk, I started doing a lot of tight stop losses and trying to catch a sudden/big move to my favor and then reducing risk by putting the SL to my entry. It all depends on the current price action, but I think like this I can maybe create an edge. I'm moving my SL and TP a lot, just based on the current price action. If I see sudden movements against me it's different than the trade going slowly against me. I'm new so I guess it is part of my learning, but rn it feels like it is not a bad thing to do. I definitely give the market not enough space so I am working on that.
"You don't close your trades early for a loss, so why close them early for a profit?" So true. 🤣
Great video, as always. Down to earth and spot on. 🎉
I love this man.. amazing video as always 🔥♥️
(This is not a spam comment I am your real subscriber)
What do you think about trades that normally only pan out if the next candle is green or if the ema9 goes below your entry which normally results in a losing trade?
Also what do you think about the market keeping it's current state as a rule of thumb? If the market or last trade was a trending trade you assume this will continue until it doesn't than you swap.
Lastly what do you think about playing 4d chess. It's odd but you assume people are trying to buy trends and mean reversion and you think where there stop loss would be and position for that and than maybe go 1 to 2 levels deeper than this and open that trade haha. 100% this shit wouldn't work but my brain thinks this is a good idea even though the initial trade assumption is extremely flawed.
Trading and Rocket League, thats what Iman does! Thanks for the good content.
Good stuff
I love this video
I have problems with 2:23. I always want to close too early. The problem, what if the setup changes while I’m in the trade? Happens a lot since indicators are lagging. Then I need to close and it sucks seeing the price go in my direction but on the other hand it feels good seeing go into my original sl
The only way to answer this is to quantify it. When you think you should close it early, write it down and see over the next month or so if you’re right more often than not. That’ll tell you if your intuition is correct or if it’s just the fear of having a winning trade become a losing trade.
I DO WATCH THEM , RIGHT !!!
What strategy do you use boss
I got to silver 3 since i startedc warching u. I was gold
died at the steam clam 🤣🤣🤣
And always stick to your backtested plan:))
the shoulder dislocation can be fixed with regenerative injections with PR and prolotherapy solutions)) just FYI
# 2 was for me
Mr Iman sir, when are you going to do your orderflow/dom/footprint/volume profile/tpo deep dive?
Even if I wasn't a trader I would still listen to dis dude😂😂😂😂😂 he's hilarious
Good stuff mate.
The first person I’ve seen talk about the logical fact that taking profits too early screws one’s R:R.
‘No one went broke taking profit’ is certainly not always true!
Can you do a vid on Risk and Reward ? coz it just seems like gambling to me if you are gonna let something go green then come back and hit your sl. or some sort of pride ? idk
You’re right, it probably deserves its own video :). No promises on when though! I guess moving the stop to breakeven depends on the trade and the strategy. It all depends on when the area that invalidates a trade idea becomes a different spot. I won’t be moving my stop loss to breakeven for now. That might change or it might stay the same. Who knows.
Nice Video 😇
bro really needs a podcast show or some shit like that the sound effects are crispy
am numb to it just look at the trade happening
just sitting here laughing my frickin ass off hahahah amazing and hilarious content
What kind of percentage stop loss do you use?
I use a stop loss on where my idea about what will happen next becomes invalid. I don’t base it on a percentage
😂😂😂😂😂Wow .....how can you mentor me 😢 you make trading psychology fun😅
This video is literally Trading in the Zone boiled down to 12:24
😂 where has this channel been my whole trading life - 8 mo
2:59 u just put a big smile on my face ya stoner
Hello can you talk about self-awereness please ?
It will absolutely be a video topic at some point :)
That’s what having a strategy does to you , making you feel confident and certain about a win rate in an atmosphere of incertitude, that’s a real trap
Iman, What do you think about the Day Trading Micro Futures guy Don Singletary? He seems to be a living embodiment of moving stop losses and take profits. One thing that really seemed odd to me is that you said you don't change your stop loss. Sometimes the trade goes against me rather quick and I don't mind taking it for a smaller loser. Very few times in my back-tests have any of these trades pulled back to 80 or 90 percent of my stop loss before taking off and hitting my TP. I see it as making that Avg Loss number smaller. It is not always easy, and sometimes price waffles so much on its way to the SL that I feel like I have to let it go all the way to my SL since price seems to no longer be trending, but if the market didn't agree with my analysis I don't know why I should fight it and let it take more money. The times my analysis is correct it is in profits almost immediately and pretty much stays there.
I’ve not heard of him. But, if 90% of the time it goes somewhere down and then continues to your stop loss, why not just move your stop loss to the area where the point of no return happens? I’ll move my stop losses a couple years from now when I’ve reached thousands of hours of price action. It takes that much to intuitively know when to move a stop loss or take profit (besides moving the take profit further away to try and get more)
My SL is usually at a level that makes sense with the trend. (Atr + Last pullback). Most of the time it either pulls way back to a previous level before continuing the trend, or its a reversal. Either way I would have had incredible drawdown or a loss, so I just cut it short and just chalk it up to the market not caring about my analysis.
And the reason I just don't stop out earlier is because sometimes it doesn't just blow through my stop loss. Sometimes the market waffles and then I let it ride out to the SL. Those seem to be the times it actually might still go to my TP.
You are HILARIOUS, I love how you just go full ADHD every video.
😂😂😂 too good on a lighter note.
bro i laugh every time i watch this :D might be my favorite trading video :DD
Very stoic 👍
Lies, you can replace that shoulder... And become that much closer too a cyborg.
RAY IS BECOMING A CYBORG OVER MY DEAD BODY
Wait, is the bong in “bong rip” at 3:01 the same bong in “bing-bong” at 3:07? Just trying to keep up. Thanks for the videos!
Good channel and content, congrats but we need to hear basic English, please.
my shoulder too
#6 makes my comment on the other video sound dumb...never mind
You legit want to help people in trading community unlike those gurus
ily hehe
Have you become profitable since a year ago?
What helps me is I tell myself it's a loss and let it hit either sl or tp, realistic target setting also
You've got good pitch (singing).
What your thoughts of this youtuber : The trader Geek
Some people are successful pushing the SL along, but I'm currently sucking at it. I should stop trying to aim for break-even trades. At least let it breathe a little for f's sake.
This is for trader's who don't understand what time is or how it works. Good luck depending on this channel to be profitable.
It's going to pull back got me laughing 😂
i love your channel
Don’t raise your arm
2:50 wow
What's your rocket league rank?
First time I got grand champ was season 9. Got SSL ranked for tournaments, and at my peak was top 300 in North America. I don’t play competitive anymore though. Was top .01% ranked on the leaderboards for a very long time.
@@ImanTrading Very nice. Now it's time to get SSL on trading.
@@collisiion haha yup!
Steamed clams
Did anybody guess that our boy has a singing voice? That was unexpected.