DON'T BLOW UP YOUR ACCOUNT! Avoid These 5 Day Trading MISTAKES

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  • čas přidán 27. 03. 2024
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Komentáře • 69

  • @TraderAli
    @TraderAli Před 4 měsíci +21

    1) Have a trading plan otherwise you're just a gambler
    2) One trading system, one strategy, one instrument, around the same sessions, everyday, so that you get familiarity with market pattern, cycles, sentiments,
    3) Use Pivot points, EMA, 9, 15, 30, 50, 65, 200, RSI below 20 or above 80, double top, double bottom, Fibonacci retracement,
    4) Make yourself familiarized with one pair, know its behavior, know its, movement, during specific time session,
    5) Follow rules, wait for the setup,
    6) Better to miss a trade rather than chase,
    7) Remember always look at the charts, charts tells you where to buy or sell a stock, a stock can go down, like a free fall, dont try to catch it,
    8) know your levels, resistance and support, wait for price to come to these levels,

  • @Yung_Prodigy
    @Yung_Prodigy Před 4 měsíci +5

    Keep your trading simple and basic to where you understand, and if you take a Loss so what. As long as you followed your rules you had a successful day!!

  • @vivekbisht4898
    @vivekbisht4898 Před 4 měsíci +12

    Einstein of trading 😮

  • @YeshuaDavidson
    @YeshuaDavidson Před 4 měsíci +2

    Crazy grandpa!!! Love his energy

  • @moafx
    @moafx Před 4 měsíci

    This taught me so much. Thanks.

  • @eycleung
    @eycleung Před 4 měsíci +1

    I agree with everything except RSI and/or MACD. They worked in a "normal" trading conditions, but many times they still break out, so stop order works, just deal with the wrong direction, only "try" trade in critical levels fib pivot levels, previous close/low/high levels, just don't base on intuition, we are like to be the oracles - like we can see the future - but in reality we are not. I ended up over trading cause I always kept trying believing a fake reversal is agreeing to my believes, not only loss more money, but losing on fees too.

  • @impactnetwork6097
    @impactnetwork6097 Před 4 měsíci +3

    I gotta be there by Nov!

  • @davidibiyemi1308
    @davidibiyemi1308 Před 4 měsíci

    Fantastic, thank you very much Sir for this enlightenment

  • @quillahancock2694
    @quillahancock2694 Před 4 měsíci

    Love this guy!!!

  • @anthonydeverso7201
    @anthonydeverso7201 Před 4 měsíci +1

    Lets go! Excited to see Peter at the FX Summit 2024

  • @anthonyjohnson9710
    @anthonyjohnson9710 Před 4 měsíci

    Keep posting this man every time I eat I tune in

  • @Spad68
    @Spad68 Před 4 měsíci

    What are the time frakes they use . Cause we all lnow thise number differ on the time frame

  • @zambonimatukuta
    @zambonimatukuta Před 4 měsíci +2

    Where is the course of this legendary trader 😨😱

  • @saltbones4141
    @saltbones4141 Před 4 měsíci +2

    Heres what peter does. He trades the imbalance on the open and the close. Were still not sure where he gets the information......

  • @fumagoo1986
    @fumagoo1986 Před 4 měsíci +3

    When I make a bad trade i throw my computer out of the window. Then go buy a new one. To save my account.

  • @banginzaza
    @banginzaza Před 4 měsíci +1

    There's no ego in trading
    Tell that to these big headed young dudes in all of these communities 😂😂😂

  • @scentsoftravelmeditation
    @scentsoftravelmeditation Před 4 měsíci +1

    So true, there’s difference between trading and gambling

  • @mahditrader2485
    @mahditrader2485 Před 4 měsíci

    ❤❤❤❤🤑🤑🤑🤑

  • @ana.eduard1493
    @ana.eduard1493 Před 4 měsíci +1

    He little bit of crazy 😂😂❤

  • @trademetrics5323
    @trademetrics5323 Před 4 měsíci

    He is highly caffeinated 😂

  • @SergeantmajorPhilip
    @SergeantmajorPhilip Před 4 měsíci +31

    Despite all the financial struggles i and my family faced, everything is finally falling into place! $47,000 weekly profit and riches I'll always praise the Lord!!!

    • @SergeantmajorPhilip
      @SergeantmajorPhilip Před 4 měsíci

      Thanks to my co-worker(Alex) who suggested mrs Elizabeth Ann Graney

    • @SergeantmajorPhilip
      @SergeantmajorPhilip Před 4 měsíci

      She's a licenced broker in the States 🇺🇸

    • @SergeantmajorPhilip
      @SergeantmajorPhilip Před 4 měsíci

      After I raised up to 125k trading with Elizabeth Graney I bought a new House and a car here in the states also paid for my son's surgery Glory to God shalom.

    • @wangjie5635
      @wangjie5635 Před 4 měsíci

      Wow I'm just shocked you mention Elizabeth Ann. thought I'm the only one trading with her.

    • @EmilyRodriguez-kl5ob
      @EmilyRodriguez-kl5ob Před 4 měsíci

      Elizabeth Ann has really set the standard for others to follow, we love her here in the UK as she has been really helpful and changed lots of life's

  • @jonahware5396
    @jonahware5396 Před 4 měsíci

    Did he say RSI? lmao I guess

  • @pradeepshirur5435
    @pradeepshirur5435 Před 4 měsíci

    He is very loud 😢