I traded on paper until I reached 10K. I took all the loses, gains and mistakes without losing a dime. I now have mastery of the platform, my emotions and multiple trading styles bc I took the time to learn what trading looks like. I’m not perfect but I’m not a noobie either after the long trek to the 10K. Trading on paper until you eliminate mistakes was gold for me.
Great video and does reflect the truth! I actually have a slight twist to it: once the account reaches a certain amount, I find it stressful to invest with it (I day trade). What I do is remove the gains and invest elsewhere (e.g. stocks to hold, property mortgage pay-out,...) and "go back to the start". It links to what you say: being mentally able to take huge losses is not easy (even when you "know" you can make them back in a few days and that they are to be expected - we will never get it 100% right... far from it...). And, btw, I've been trading for over 20 years...
great video that's exactly what I have been doing., I only deposit 10 dollars at a time, im currently going into my 8th deposit tonight but I have greatly improved. Psychology wise I have also been taking the best setups and those give me peace of mind. I rarely get stomped out but sometimes with revenge trading I blown my accounts. Im in the final steps before becoming profitable!
the thing is yes you should start small but there are things in life you will never learn without taking actual risks. Like learning how to control your emotions and get to know how you react in difficult situations. I'd suggest trading with a medium size account rather than 10$. And once you are fit do the compound strategy
More than wonderful, thank God that I was like bill2 when I decided to learn technical analysis and started my account with 10$ and then doubled over and over and during that period until I reached the appropriate experience for trading with a high account
Thank you for sharing your knowledge with us.I am what is called the newbienewbie, not only new but broke, yet dedicated to learn in my despair I am able to focus not sure if that is good for learning trade, regardless I am committed to pay attention. Focus and be consequente in this journey I didn't seek or thought to ever embark. Sudden while searching, there you were. and there I will be listening to you going forth. Kind regards.
Ahaha love it its this rules and problem solving that made me subcribe to your channel almost instatly and I bet you have save a lot o money and made me grow the account in a healthy way thank you
Hi! You didn't mention anything about leverage in this video. Is this strategy meant to be applied only in spot trading accounts? If I have a $10 account and I risk $1 per trade, what is considered a reasonable leverage? 3x, 5x, 10x..?
the advice at 08:50 is the dumbest sht ever, DONT DO THIS. The more money you have in your account, the easier it is to lose it. Just double the 100$ yourself, DONT deposit more money if you cant at least 5X your starting balance.
I may have survived 7 years of trading, but my therapist didn't...
Hey I’m creating a trading indicator , would you like to test it out with your trades and give a proper review for it when it comes out
@@Travisssss I'll send it to me
@@Travissssstalk with this person please
I traded on paper until I reached 10K. I took all the loses, gains and mistakes without losing a dime. I now have mastery of the platform, my emotions and multiple trading styles bc I took the time to learn what trading looks like. I’m not perfect but I’m not a noobie either after the long trek to the 10K. Trading on paper until you eliminate mistakes was gold for me.
This is the best youtube channel about trading, believe me.
I feel like my six years of trading has aged me at least 20 lol. Nothing shakes me these days.
Great video and does reflect the truth! I actually have a slight twist to it: once the account reaches a certain amount, I find it stressful to invest with it (I day trade). What I do is remove the gains and invest elsewhere (e.g. stocks to hold, property mortgage pay-out,...) and "go back to the start". It links to what you say: being mentally able to take huge losses is not easy (even when you "know" you can make them back in a few days and that they are to be expected - we will never get it 100% right... far from it...). And, btw, I've been trading for over 20 years...
correct. Strating to lose a monthly salary on a single trade even though its 1% in the beginning itself is hard to get over.
great video that's exactly what I have been doing., I only deposit 10 dollars at a time, im currently going into my 8th deposit tonight but I have greatly improved. Psychology wise I have also been taking the best setups and those give me peace of mind. I rarely get stomped out but sometimes with revenge trading I blown my accounts. Im in the final steps before becoming profitable!
Great video. The turtle wins lol PS: I saw my name hehe
the thing is yes you should start small but there are things in life you will never learn without taking actual risks.
Like learning how to control your emotions and get to know how you react in difficult situations. I'd suggest trading with a medium size account rather than 10$.
And once you are fit do the compound strategy
yo wtf this channel one of the best on youtube lol , i'm glad i find you bro really help me a lot , god bless you man apreciate all your work thanks
love your videos, keep up the great content.
More than wonderful, thank God that I was like bill2 when I decided to learn technical analysis and started my account with 10$ and then doubled over and over and during that period until I reached the appropriate experience for trading with a high account
All of this information is along the lines of what my mentor shares with our group everyday. It seems like I’m on the right track 👍🏼
Hi, thank you for the topic
please will you do the backtest of Floor pivots, camarilla equation and central pivot range
sir, please make a video on renko trading and is it profitable or not?
Im taking your compounding plan
Try pivot points with some entry indicator
Can you show us how to code a bot into tradingview PLEASE?
Can you test nadaraya watson with 200 ema ?? Plzz
Thank you for sharing your knowledge with us.I am what is called the newbienewbie, not only new but broke, yet dedicated to learn in my despair I am able to focus not sure if that is good for learning trade, regardless I am committed to pay attention. Focus and be consequente in this journey I didn't seek or thought to ever embark. Sudden while searching,
there you were. and there I will be listening to you going forth. Kind regards.
dont use a small acc... do paper tradinginstead?
Keep uploading, you have changed my life❤️
Test Ichimoku conversion line crossovers and beep boop with 200 ema on 15 min very successful
Can you try an MACD and Donchian Channel combo? If you haven’t already that is…
still style of animation is good and cute
Ahaha love it its this rules and problem solving that made me subcribe to your channel almost instatly and I bet you have save a lot o money and made me grow the account in a healthy way thank you
Can you put the old voice back?
Most definitely puhhhlease
Hi! You didn't mention anything about leverage in this video. Is this strategy meant to be applied only in spot trading accounts? If I have a $10 account and I risk $1 per trade, what is considered a reasonable leverage? 3x, 5x, 10x..?
Is better to hold the asset ..unless you have a great a big portfolio then you can play with chickens
Same problem I survived -3-4 yrs
I really can't understand why with virtual account we earn so much profit
Just wait when you got 10 years and you dont feel nothing after win or lose trades 😉and you know every thing On market and your self.
Where’s the sauce 👀
Cool new voice.
the advice at 08:50 is the dumbest sht ever, DONT DO THIS. The more money you have in your account, the easier it is to lose it. Just double the 100$ yourself, DONT deposit more money if you cant at least 5X your starting balance.
or get a demo duh
if you lost money during the 2020/2021 bullrun, you shouldn't be in the market at all
Impossible ..when you buy it’s go down and when you sell is go up..nobody makes money in trading 99 percent lose
way too much video and fast drawings.