TOP 10 Day Trading Mistakes YOU NEED TO KNOW!!!
Vložit
- čas přidán 5. 07. 2024
- tmafx.com
these are the most common mistakes that I see day traders make. I have made them myself. and I want to tell you what they are so that you don't make the same mistakes.
0:00 Top 10 mistakes chapters
1:24 Mistake #1 You entered too late
2:54 Mistake #2 RSI Divergence
3:41 Mistake #3 trading without a stop loss
4:48 Mistake #4 Too much money
5:54 Mistake #5 Too many indicators
6:48 Mistake #6 Don't change a strategy
7:56 Mistake #7 You wont get rich quick
9:02 Mistake #8 Not demoing
10:01 Mistake #9 Strategy Jumping
11:00 Mistake #10 Don't quit
The trading floor is a new project that I just launched.
World class day trading education and tools
www.trdfloor.com/welcome
FunderPro
Start your funded account challenge HERE (20% discount with link)
funderpro.com/get-funded-with...
my twitter / artybryja
For charts Use Trading View
www.tradingview.com/?aff_id=1...
New Official Telegram Group
TMA OFFICIAL®
t.me/TMAbyArty
Looking for a forex broker?
I use Osprey
ospreyfx.com/tradewithtma
regulated broker i recommend is Blueberry markets
bit.ly/blueberrytma
Try a $100,000 funded account from OspreyFX
ospreyfx.com/tradewithtma
Use coupon code
movingaverage50
To get $50 off
Sign up for a $100,000 FTMO funded account here
trader.ftmo.com/?affiliates=i...
Get a free audio book from audible
tmafocus.com/2WyXSqa
Links to the indicators
TMA Overlay
www.tradingview.com/script/zX...
TMA Divergence indicator
tmafocus.com/3nfcEfd
TMA shop
shop.spreadshirt.com/themovin...
Get some free stocks from WEBULL
tmafocus.com/3p0vatP
also
Get some free stocks from Public
tmafocus.com/3GUUojh
The potential for a large amount of profits in a short time period makes day trading an appealing profession (and sometimes even hobby) for many individuals. While the concept may sound simple, in reality it takes careful research, thoughtful strategy, and often a few months of experience to truly succeed as a day trader.
It’s easy to get caught up in the excitement of making quick moves on the market, which means it’s also easy to make mistakes that cost you big-literally.
Familiarize yourself with the most common day trading missteps, so you can avoid making them and maximize your trading dollars.
Day trading is not gambling, which means you can’t stake your money on chance. Day trading is about making quick, calculated moves that will minimize your risk of and loss maximize your potential for profit. That’s why rule number one for succeeding in the industry is to come up with a plan and stick to it. Take the time to educate yourself on trading strategy and research market patterns, and use that information to develop a plan. When you commit to a plan, your emotions are less likely to take over and lead you astray in the heat of a trade.
While experienced day traders can sometimes make this mistake in a moment of fearlessness, risking more than you can afford on one position is a mishap more common to new traders. Particularly when you’re just starting out, you want to stick to trading smaller positions (think 100 shares or less).
Day traders should concentrate on fixed and reliable returns. If you spend your time chasing the hottest stocks hoping to come out with a win, you’re more likely to panic sell or buy and end up losing.
Desperately holding onto losing positions is a very common day trading mistake that is, more often than not, based in emotion. Unfortunately, it’s also a mistake that can quickly destroy your enterprise.
NOT FINANCIAL ADVICE DISCLAIMER
The information contained here and the resources available for download through this website is not intended as, and shall not be understood or construed as, financial advice. I am not an attorney, accountant or financial advisor, nor am I holding myself out to be, and the information contained on this Website is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation.
We have done our best to ensure that the information provided here and the resources available for download are accurate and provide valuable information. Regardless of anything to the contrary, nothing available on or through this Website should be understood as a recommendation that you should not consult with a financial professional to address your particular information. The Company expressly recommends that you seek advice from a professional.
*None of this is meant to be construed as investment advice, it's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
ATTENTION EVERYONE
PLEASE WATCH THIS
Top 10 Trading Mistakes!!
czcams.com/video/gcMKdkCdwdY/video.html
@Oliver Gray Hi Oliver, with 1 1 to 1.5 R:R, you need at minimum a 40% win rate to be profitable.
From one Oliver to another. Oliver out :)
I swear. follow what he says and you'll get there. and by that I mean every word that comes out of his mouth. i speak from experience.. and this is the first time i watch his videos. he is real..mutch love bro from holland
this guy is one of the few honest youtuber traders
Wow thank you, really appreciate it.
I wish i saw this 20k ago
You're one of very few legit guys on CZcams. I appreciate what you're teaching people here.
Thank you very much
What is The Best Time of Day to Trade
czcams.com/users/shorts0mt7G6sG4gM?feature=share
I've been learning for 5 months now (still demo) and would never dream of not using a stop loss. You wonder how natural selection hasn't taken some people 😅
U need to watch this video 55 times!!😂😂 I like this guy. He’s straight to the point, blunt n there’s no filler or bs in the video
😎 thank you
This is my first day watching your videos and man, I’ve been missing out. No doubt one of the best day trading and TA channels on CZcams.
I want you to know you’re the only channel I’ve watched that I choose to watch the ads for! Normally I’m like “nope you make enough😂” but not you, you deserve everything positive coming your way! You’ve changed my trading journey tremendously and you’re so genuine! Love your channel! Stay blessed!
Hey Arty, your teaching style is bloody awesome. Sniper delivery to your target audience, Check!! Direct to the point answering your audience, delivering the harsh reality and throwing in the humour to boot ... Not spraying comments or advice around like a shotgun blast down a canyon. Mate, your a natural at this.. Don't stop
Gotta say this is one of the best trading advice video ever. Thanks Arty.
I just stumbled upon your videos and being a 56 year old worn out carpenter i plan on going through your videos ive been trading for about 4 years im up so thats a plus .i feel i need to learn so much more i definitely learned to not panic sell! Thanks for sharing your videos!
Huge information for beginner traders compile into a short video and that you only speaking facts and truths. Love it!
Thanks for sharing your knowledge Arty! I have watched a few of your podcasts and new to your channel. I have learn more from you in 4 videos, plus todays than over 6 months from various content creators . Keep up the good work!
Arty: "You need to watch this video 55 times"
Me: * Takes it literally *
🙄🤣
55 likes... STOP
😁 high five 👋
New to this stuff, haven't even attempted the papertrading option but the "don't quit" speech at the end sparked me to go further. Thank you
Absolute legend mate. Someone give this guy an award for teaching. Bless.
#9 was my beast but I took that to the back of the barn and handled it with care.... Losing profits or making loses even worse due to over trading was another issue but I've been able to control that freak of nature. Thanks for the knowledge Arty, keep them coming.
I've watched this video a couple of times already but it hits different every single time I watched it. Your words are rock solid man. I think I've done most of it except the last part. I know this journey is hard but I won't quit. 😎
Love your videos! Great stuff here!
I started with a $100 17 days ago.
Dipped to $55 at its lowest while learning, but took alot of your advice and teachings, now closing in on $200! almost 2x growth in 3 weeks! Amazing stuff.
Scalping crypto futures for 20%-30% ROI with safe stop loses and moving with the trend. I have alot to learn but you're material is invaluable in the learning experince
Dude, this is one of the most inspirational videos I have seen in a while. I'm working on moving from retail into day trading and I'm still in the phase where I'm developing my strategies with a very low capital. Today is kind of sideways for me and I was feeling a bit down, but especially when you got to the end with the "don't give up" I realized that not every trade is a win and it lifted my spirits. You're a Rockstar 😎👍
Hi Arty,
Thank you, you always say it right, I'll keep on improving everyday, What I am doing right now is I stay with one strategy
3SMMA, RSI divergence and Fractals, I'm sticking on this strategy and practicing and keep recording my trades.
I scalp in 1M time frame in 3days now and I have won 5 times and 2 losses everyday, but still winning in total,
I'm glad to see my account is not decreasing but increasing little by little.
Had to stay awake to see this video at 1:15am coz again, it feels like this is for me.. thank you for another video Arty
First time viewer, great list! Going on 2.5 years of education and learning the ins and outs. Moving forward with purchasing a laptop/pc to further the process.
Appreciate the knowledge!
This guy is incredible. I was lost on CZcams and came across his video. This was the most educational trading video I have watched in the past 8 months trying to get a good strategy going. Thank you buddy
You’re most welcome
Thanks for another great video. I’ve watched few already and I see that you know what you’re talking about, you know how to talk about it and you’re funny as well. All the best pal!
Hi Arty, I know you get this a lot but really thank YOU for what you are doing in helping people like me becoming better traders. I'm kinda new to your channel but there's not a single video I miss keep learning all the way and becoming profitable💪🏼.
So again thank you I know just hearing it sometimes is the best feeling so that's what I can give you. Thanks man please keep on the good work.🤘🏼
thanks Arty! I can't help to watch this video over and over again, not only very funny but it;s SO SO reminding of our mistakes! Thanks with love from Hong Kong!
Your videos are absolutely awesome! Clear, crisp and pretty good info and advice!
Great stuff, and much appreciated! My favorite is #1. I tell people (including myself) to STOP, pull the batteries out of your mouse, put your hands in your pocket and WAIT! I love you're #6 too. lmao.
Hey Arty! Thanks for such a great video lesson. It is the most funny thing of yours on this channel. Love it.
so glad i watched this 10 mistakes video to day,as no 10 did it for me. I have been feeling like that for the last few weeks. I joined a 3 month course with you and did the1st quiz and still going the 2nd video, then went into a lull.and got so overwhelmed by it then got sick and had to have an operation last week... finally got back on to day,watched a supply and demand vid and the 10 mistakes. so it has bucked me up again as i generally dont give up and this has given me
the push i needed. Thank you so much Arty
You are welcome 🤗
The only Channel that helps me a lot...never gets bored watching and watching repeatedly.. Thanks Arty for a well explained vedios.
Hey Arty, I have been watching your videos non stop for the past 5 days. Great content by the way and thanks for doing what you doing. I would like to ask as a beginner how do we trade NFP. What should guide us on taking a buy or sell trade. I know that job claims are supposed to be our guide. A video on this would be so helpful and amazing. keep up the good work you are doing.
Thank you for such insightful tips, Arty!
I haven't even finished this video and I have already obtained more valuable information than every video I have ever watched on trading. You sir, are a legend
Thank you so much 😊
TOP 10 Day Trading Mistakes YOU NEED TO KNOW
czcams.com/video/gcMKdkCdwdY/video.html
Thx Arty, this video really helps. I really like your channel, all videos are clear and easy to understand, keep doing a great job.
I've played with trading on numerous occasions over the past 15 years and never stuck at it. Watching these videos (which feel super sincere and honest) is giving me some appetite to give trading another go. Thanks for sharing Arty...
You’re very welcome
Thanks a lot for your truthfulness and honesty...awesome video ...I would like to add in that the biggest mistake is "being greedy for big profits : go for small ones initially"
Best video Ive seen lately. And straight forward. Heads up you go far
Hey man, really like you’re style, thanks. Been on a binge of channel and learning loads!
Hey Arti, thank you for all your videos! God bless ya
You just gave me motivation to keep on learning and become a proper day trader instead of giving up after 2 months. Time to get back on the right mindset again. Thank you, keep up the good work and videos!
You got this!
TOP 10 Day Trading Mistakes YOU NEED TO KNOW
czcams.com/video/gcMKdkCdwdY/video.html
I need to say, that it is different to watch that video after 5 months. I watched 5 months ago and now I understand everything. Different view angle. I mean a lot of learning in that 5 months. 2 books readed. Huge amount of hours watched in yt. Thank you for that content.!
Jesteś genialnym nauczycielem! Mam sporo szczęścia na początku tej drogi znajdując ludzi takich jak Ty :)
I'm glad you've told me and others! Experience is a hard teacher!
Arty, you are simply amazing and the greatest of them all. Thank you for all that you do for us.
You have a great way of explaining things. Thank you for the info!
Thanks...love the teaching and the no BS delivery...I'm a complete beginner and learning a lot from your content!
Thank you
Fibonacci Trading Strategy
czcams.com/users/shortsHOoHDaSv-bQ?feature=share
I wish CZcams had multiple likes possible so that I could mark them all. That's how good this video is.
I am just trying to get into the market as a beginner, this video seems really eye opening. I appreciate his honesty. I am particulary focused on when he said " if your winning to losing ratio is bigger than 50% in a long run, your trading strategy is working fine." That sounds about right. Thanks for the video🙏
thank you so much not just for the trading mistakes but for the encouragement, i have lost quite a bit of money but learned so much when thinking back on why i lost instead of feeling upset or regret
Thanks. Precious tips. I think the most important tip is knowing when to trade and when not . I know certain people only trade at time of crisis . They are making good profits.
I'm 3 months in learning about trading and I've almost made all these mistakes, thankfully on demo. 100% agree with trade journaling, definitely worth our while to do it. Thanks for such a great video, look forward to viewing more 😀
Have you been profitable over the last 3 month?
That is mistake number one you got to double check with live trades to verify your demo trades
Take the advice of practicing with a $50 account before putting in big bucks. There's an entirely new lesson to be learnt while trading live. The emotions are real.
They weren't mistakes, they were learning.
@@superpasi7315it's 3 damn months
Why did the CZcams algorithm suggest it after 2.5 years? 😅
Arty, honestly.. this video is such a great vid. Thanks for the motivation matey!!
am a beginner and i ve literally learnt a lot of things from this video, thanks a lot "the moving average"
Arty! You really killed this one video. You have some of the best examples and the best motivational speech in the end. Thank you man! Keep rocking!!
You're welcome
RSI Trading Strategy Relative Strength Index
czcams.com/video/TQMayZS9o1U/video.html
I will forever appreciate this channel, you've helped me and my family a lot, your videos, advice, lessons and funny words are Inspirational and helpful to us. I have been able to minimal, conscious in spending, saving and investing wisely, I now earn every week. You're such a blessing to this generation, we all love you
After watching this video, I really discovered where I was missing it but anyway, I have taken my corrections and now I'm a better person. Love you Arty
Sorry for my bad English.
You're great!
Face clean, competent, clear in the explanations, very funny ... (especially when you talk about cakes with tuna), and you have opened a new world to me after two years of courses ...
A thousand thanks
You’re welcome 😉
Learn How to Be a Better Day Trader in 30 Days
czcams.com/video/5_Dla9nn-vI/video.html
You are one of the best teachers here on the platform! I thank you and appreciate the effort you make by teaching us :)
I literally laughed at mistake number 6, keep it up sir. Been looking forward to many of your content. Learning to earning.
The following remarks are based on my teaching over 50 years:
Your video presentation provided the final kick-in-the-butt motivation to ensure my last 26 months of studying how to master FOREX. Now, thanks to you, thanks to your presentation I have solidified my PLAN and when to enter and exit. What I lacked was confidence in myself - which was unnatural to my history as a combat Naval officer in Vietnam (Gunboat), command positions, legal career, management positions as GM of a major shipyard.
Thank you for you time and dedication in adding the final ingredient to my goal.
Excellent Video Arty! Your “Mistake #6" examples are hilarious! I use a strategy that I like but I find myself, after trading many years, still violating several points. Time to correct this once and for all. Thanks again.
just wanted to say thank you for all your help and helping the newbies learn to to how to trade the forex i know how much time you put into it and i really appreciate it you have been so very helpful and straight forward just a word of THANKS
I think its my first time to comment on a video but I can't help myself. I'm just moved by your video. I love your humor and the way you explain things is on point. Though I'm not a trader yet, I feel how valuable the things you shared are. From the little experience I had trying the market I just hope I watched your videos first. Subscribed and Liked. Thank you.
Awesome video. I’ve shared it to two groups. Excellent teaching style and very motivating! I needed that last bit. Thanks a bunch!
Thank you 💝💝
The Trading Floor Podcast - Meet The Trading Floor
czcams.com/video/x5YPIYViStk/video.html
Thanks for all these great tutorials Arty. I have watched your beginner playlist about 6 or more times, your more advanced strategies about 2 or 3 times. I have other channels I watch from time to time but your tutorials are right down to basics, step by step and far easier to follow. Been at this about 6mos and probably will keep learning at least another 6mos before practicing on a demo account. Keep up the great work, I look forward to soaking up as much info as I can get from you.
How are you doing now?
whats up , are u still in the game my man
The best trading channel that exists.
I have learned so much from you and thank you so much for the knowledge and motivation!🙏
Thank you
Trade with me LIVEon a funded account
czcams.com/video/av9D3I2XYNo/video.html
As if you told everything about me :) I made all these mistakes, but I will never give up, because I know that I will succeed. You have a very good channel, thanks to your videos, I learned how to use stop loss, it was difficult for me.
Good on ya Artie!! I love a good rant passing on solid life lessons or honest experience. I also love your vids. Keep up the good work.
Thanks, will do!
As an overthinker in real life, trading helped me improve controlling my emotions and stick to the plan. When you have confidence in your plan and strategy. Just do it. You will just either win or learn, not lose. ;)
Your videos are so informative and well structured. I am just starting my trading journey and thank goodness I found your content :)
Great to hear!
you are the best man. simple, straight forward and down to earth. loving your videos and learning a lot. thank you. keep up the good work!
Thank you appreciate it
Thanks for pointing out the last mistake, your advice literally made me feel better.
Hi Charli, you teach us well. I have seen almost every videos of this channel and learnt too many things.... love from India ❤️
His name is Arty.🙄😅
7:16 - 7:44 Arty auditioning for Comedy Club.
Congratulations Arty, you got the gig.
Exactly😆😆
This is a good one, traders with no experience in financial markets repeat the same mistakes that cost them dearly
This I think is the best video I ever watched seriously. Thanks Ardie.
thanks arty. i have been trading for 3 months and today was my worst day. as i imagine it was for a lot of others. this video was timed perfectly
Hi Arty , Thanks for making this video. It's a good and great lesson from you, all what you said its correct. I met all the problems you mentioned in the video. But I won't blame anyone because all its my own fault , So keep going on this channel. Thumps up Arty
Now , I am doing 20 pips challenge as your old video , and now I am lv.7 , its so great I hope I can achieve it.
Your videos are incredible! Arty you made me howl with your impressions! LMAO. All jokes aside, your videos and the messages and how you teach the good and bad of the crypto world as well as investments..is second to none! You are the only person on YT that I truly watch to gain insight and learn and respect and truly appreciate every single video you put out there. It makes sense all of what you say. I just need to better understand these graphs to continue to learn and grow and do this full time. Every part of your channel is GOLD. Keep up the great work. Need to watch the rest of your videos to gain more knowledge and understanding of how to navigate and read and underrtsand all the indicators and teh ups and downs. Thank you.
i just came across this video as a comeplete newbie to day trading. just blew my 2.3k real money account and i can say i can check of 8 out of the 10 things mentioned here. The gut feeling and psychology behind seeing a negative profit margin is so dangerously counter productive i cant even describe in words. Thanks man. i just made a demo account and for the next 4 to 5 months i am going to be memorizing your videos. It really sucks, loosing 2.3k wasn't a joke, but the lessons learned was priceless. I will return in a couple of months to see this video again and see how far i have come. Thanks arty, real solid advice. Going to take this advice to grave.
Arty, thank you for this video brother. I am in a very bad place after losing 60% of a 10k account in 2 weeks. I will take on all your advise from this video. I honestly didn't know depression existed (to me) until the past 2 weeks but I know I'll turn it around. Your course is awesome too 🍻
I really like the way you teach and you have an excellent power to convey your message in a very clear form, I am lucky I found your videos on youtube and started watching them one by one. really appreciate your work and efforts.. please keep it up in the same way to help people like me.. thank you so much
You're most welcome
Get The Best Entry
czcams.com/video/RyTlRkMujuk/video.html
Let me just say I find you very funny. Thank you for bringing humor to trading. I love it.
I have similar problem..I used to do Demo and then switched to Real money, lost some..got it back..lost it again.
So now I don't feel confident which is normal.
I dont usually give up. Not my personality.
So I decided to go back to Demo for a while and see if regain confidence.
Thank you again for all you do for us. If you ever in Oregon, let me know) I would want to buy you a drink or coffee. Whatever you prefer.
You're phenomenal in influence. I believe that this is just a discipline like learning a language, and with the repeated effort and trying with the correct mentality of possibility it is all possible.
Thank you for being the right influence to people out there when there is so much disinformation about trading and what it is.
Appreciate your support
How to Grow a Small Forex Account
czcams.com/video/xJZ5m2okeFc/video.html
Man this videos was funny af and so true. Arty you are an amazing presenter bro!
Thanks Arty for these videos, they are making me spend a gracefull Saturday in the office!
Glad you like them!
My English is not very good and I always thought that I couldn't follow an English Video, but the way you speak English I understand it! I'm so glad, thank you :)
That number 10 is gold its all good info but number 10 has rounded off my last couple of weeks of frustration of trying to learn the basics, i very rarely comment but thank you
Great job!
Great video.
Ive been properly learning to trade for 9-11 months now and I’ve finally broken through to having my first consistent profitable 2 weeks. I went through all of these mistakes. Ive still got to check my discipline. The journalism part was key for me to getting better.
great to hear
The Best Way To Be a Better DAY TRADER PERIOD!!!
czcams.com/video/7Q95Z3cQjlQ/video.html
That was awesome man
Thank a lot
I have 5 mistakes of 10
I will try much harder to correct my mistakes
Thank you
these are super important and valuable information! thank you man!
the best thing a bout trading it's has this ability to show you who really you are for inside greedy, confident ... and all of that,
i usually was inpatient , but now i have a tons of patent . anyway i can't thanks you enough, great contents as usual
South Africans love you Athenkosi,keep up the good work Athi 💯🥇
i do most of the stuff on this list. thanks for pointing it out!
Man this vieo was so wholesome! I can't tell you how much I related with this. You have by far the best personality I have ever seen in any trader. Thank you for making this video.
I appreciate you
How To Grow A Small Forex Account
czcams.com/video/xJZ5m2okeFc/video.html
I lost the count of how many times this has been playing on my phone. This is more than gold.. Kudos