The only practical channel, the only channel i follow for infromation, when ever i follow any other tips or contents i fall in to some unknown territories then again i watch TSM videos to learn again the basics, I see this channel as my mentor A very grateful thanks for all the information's you have shared free.
After my 5 years of experience in trading this video is the best finisher for me learnt a lot of things and catch my mistakes. Thanks you sir for this knowledge I really thank to you for this knowledge please make more videos like that and why psychology is important in trading ❤️🫡💯 love from india 🇮🇳
Very true as Al Brooks says too use Limit orders because only by doing that you have already worked out based on your criteria where your entry should be rather than just reacting to price. Great info as usual.
Excellent educational video!! 7 months in trading and I can say that I have been through all the wrong trading habits highlighted in this video that caused mental burnout, stress, anxiety and frustration. I was slowly starting to become aware of these shortcomings but seeing them in one short excellent video was a real validation. Thank you and kudos to your stellar work :)
I have not seen any CZcamsr that has given such in-depth calm trading mindset. Mindset is really everything I wish I found this channel a long time ago but my previous losses have absolutely changed the way I do things now
One of the best moments I had since I started to learn about trading has been finding this channel. Still miles away from being a proper trader, but at the same time far closer thanks to The Secret Mindset. Thank you so much my man!
I've made these changes through personal experience, trial and error and I can say with confidence this person is correct. I changed my candles to a pretty soft green and soft black with lighter gray bodies and a black background. Everything else he said is correct. it's great to hear someone else say I'm on the right path!
right now Im experiencing the lack of passion on trading due to my streak losses. Thank yoju for this video that makes me whant to trade again with a fresh perspectives.
Paper trading the 1hr chart with very good results for 2 years. I’ll go live when I know I’m ready. This video is very valuable information, watch it again. and again. I know my chart will be one color tomorrow.
I am watching this video and not even a second over after changing to one colour on my chart I already feel relaxed...I'm nt telling myself where the market should go based on what colour it closed at, I'm actually neutral about where it can go and what do I do when it does
Never commented on your videos before, but I have to, thank you so much for your videos and especially this one! So valuable! I love those psychology-oriented videos. Thanks, man.
Took a BIG HIT this week! Not using a stop loss because I have this bad problem with not accepting losses. Former basketball player so it's the competitive side of me. Cost me tremendously this week. Really needed this video. Thank you.
You are amazing!!! you always focus on the most important issues in day trading and you explain things that no one else does in such a CLEAR, BRILLIANT, SUPER INTELIGENT way. Thank you very much for doing these videos.. ❤
This video is gold, fortunately I changed my chart to a single colour a while back, it helps to properly see price actions patterns . Thanks for your other tips, great video
Incredible. I love this video and i also subscribed. I can't agree more with you. The biggest mistakes I've made are trading with emotion and not using stop losses and using "hope" it'll come back. Still working on the emotions part. It's not easy, and it's not for everyone to try and day trade with your own hard earned money. The same color candles is something I'm highly considering
Nelson Mandela once said, “I never lose. I either win or I learn.” That's exactly how I perceive and highly value the biggest losses I encountered. Thank you for the uni-coloured chart hint, will try it out.
Every traders will face this same problem.. who all controlling their mindset they wins ... But the real truth is only 1% people will win in the race... But really ur video is very useful to get some valid points thank you lot
really good video, i struggled with a lot of these things when i first started. especially moving to a higher timeframe helped a lot. before i used to trade 5-15 minute chart and when i checked, i realized i opened my brokers app about 150 times a day and left it open for aqbout 6 hours every day, just staring at the price. Edit: a few weeks back i also discovered wider stop loss with smaller pos size, truly a game changer and has helped me a lot!!
This was actually really helpful. I’m still having mental blocks when trading. So right now I’m just doing long term investing into a drip. But changing the colors is a great strategy. The red definitely scares me. But these are good mental strategies.
Excellent advice overall, especially on changing the colored candles to one color!. I've been trading MANY years and should have done this long ago. Crazy how the different colors really affected my emotional state. Enjoy the videos, thank you and keep up the great work!.
I use liquidity farming so I get a daily payout regardless of what the market does. The daily amount fluctuates with the market but it's still all profit.
@@just6401 using cryptocurrency. I use coins I'm planning to hold long term. I provide 50% coin and 50% stablecoin to each pool. Over 100 different pools. I receive a percentage of trading fees between the two coins plus some apy. I also have a bot I wrote which adds and removes some of the stablecoin from the pool as the price of it's paired coin changes.
SIR....I REALLY DONT HAVE WORDS TO THANK YOU AND SHOW MY GRATITUDE TO YOUR HELPING VIDEO......LAST WEEK I FACED SAME POINTS IN MY TRADING...I WAS TODAY THINKING OF SAME AND YOU GAVE ALL SOLUTIONS TO MY COMPLICATIONS.....MAY BE THIS IS TELEPATHY.......HAERTLY THANK YOU.......BEST VIDEO ON MINDSET IN WHOLE CZcams UNIVERSE.
very information. and come from real experience. thank you very much. I am also a member of the Academy. and I hope you plan to have a channel of communication with Academy members and give a chance for like-minded people to meet and discuss course contents and strategies. Thanks again and keep up the good work.
Stress is coming when u have number of losing trades or big drawdown, best way is to practice on paper money first and then start from the small money.
Oh you said some real stuff here! My mentor was just telling me about this and I changed my colors all to blue and I only focus on price action. Not havig to see which way candles are going I don't chicken out. Props to you
So true my good sir. Video is like looking into a mirror when I first started. Took me 7 months to figure that out on my own. Learned a lot on the way.. Stay calm, if it goes negative, Zoom out were the candles are smaller.. that helps. Trust in your studying if it's bullish or bearish.. Using the Demo and Live account at the same time helped. Hesitate in the Live, didn't on the Demo. It showed me, trust in my decision. I could of made $25 or even $60. But you didn't because you hesitated. But sometimes you have to know when to fold.. it might go back up but much later in the night or day depends.. missing opportunities during that time. If you lose a little bit of money.. so what... learn from it. Aways can be won back. There's always that 'what if' it goes the other way.. that holds most back Missing great opportunities Those who say they can't and those who say they can, are both correct. Never Fear Victory
I feel like your in my head sometimes when you post vids at just the right time. I've been stupid trade shy lately and this is exactly it. I'm coming off an 8 week hot streak and I've been down for almost 3 weeks after a catastrophic mistake with my trade software on the wrong account with ES when I meant to be on an MES chart. And I did it twice! 🙄 I do use grey candles or bars with slightly different shades. And I do really like the RSI Bars you posted about and I'm tweaking the code for gradient color. You're vids are the only ones I watch anymore. I'm such a fan-girl. Lol
I find that trading a market that has the clearest picture helps me. For instance I trade AUS/USD vs EUR/USD just because the waves and patterns are much cleaner to me.
I've never traded using black and white for price action. I have been using just price action with out any indicators to locate entries and exists. When I find my entries and exists I think about which indicators should be in confluence with my thesis. Then I add them to my chart and back check them for confirmation. I definitely needed to hear these trading concepts we all need to be reminded of how we are affected by our actions and mistakes. Great job on this video thank you!
When I stopped placing market orders my confidence in trading skyrocketed, after watching this video I'm going to change the color of my candles, thank you!
Congratulations.Very important point of view.A few months ago i was awared about colours affect on candles as you mentioned and i switched to single colur bar chart when i follow markets.Patrerns are seen clearly then.
Ive been successful in trading for about 4 years now... I thought the single candle coloring was interesting as Ive always used Green/Red. Im going to give it a try (White/Dark Grey) and see how things change. I definitely want to focus more on price action! Love your videos
Your videos and channel have always been a SOURCE of PRECIOUS KNOWLEDGE, INSPIRATION, LEARNINGS, POSITIVE PSYCHOLOGY, etc. etc. It was an AWESOME 👍 session with so much VALUE in it..... that I was tempted to take NOTES of the points you discussed, for referring to in a repeated fashion, forever (because it's human psychology that you tend to forget things which are beneficial to you).... Loved completely 💕 Thanks 👍🙏 for putting in such efforts for us....!
I'll have to give this a try. Getting a handle on my anxiety and not touching the trade after it's entered (i use a set take profit / stop loss in a 4:1 ratio so i don't have to touch it) is the hardest thing, even after having a whole week of wins and my strategies working almost flawlessly at times i still find myself messing with it and leaving profit behind or missing my exit and hitting my loss and it really is the most frustrating feeling I've ever felt in my life. Self control cannot be understated in the trade world.
I already use singler color blue for candle body n green for wicks. In intraday u dont need multicolor it only make difficult to see group of candles n patterns. It really helps.
The best trading advice ever. You have addressed the most critical parts of trading. Very true. Glad i came across your videos. This is life changing. Keep up the great work.
This is probably one of the best videos you've made so far, I really appreciate the effort you put into sharing this valuable info 🙏🏼💯 ...don't forget to like and subscribe yall highly recommended
Lost a trade today because I thought the price was moving against me when I saw the red candle. It was just trying to create a relief then move up. I cut the loss and immediately, the price action went to my target.
Worse feeling for me and horrible on the psychology. I’m right about trend most of the time but get scared when it pullback. Use Hiekin candles. It’s been helping me better.
i know exactly what you mean when you say that initially one loves the thrill of the lower time frames, but over time i also felt how i got burned out, there was a mental fatigue that also made me step away from trading altogether for some weeks just to get away from this noise. my only question is: are time frames higher than the 1min and 5min candles still good for daytrading? i feel like higher timeframes would only be useful if you are planing entries that are there to stay for longer time...
I first made the transition to M30 charts, from the lower ones. At first, it was hard to accommodate. Then, gradually, I moved even higher. Now my favorite one is the H4 time frame.
*Nice one here, though I prefer trading with the help of a professional trader, I believe it saves me time and reduces the risk involved in managing my trades.*
I usually go with registered representatives. ''Sherry Alfie " for example has the best performance history (in my opinion) and does offers 1v1 consultation to her copiers which I think is amazing. I don’t know how many traders like that are there.>
I urge everyone to start somewhere now no matter how small, this is literally the time for that, forget material things, don't get tempted, i became more better the moment i realized this.
I trade candles with nice colours I’ve done this for a while now and it does truly work.as for candle time frame I moved to 3min.such a great video again this guy is a genius
this is professional trading no emotions thank you for confirming many of the thoughts that in the beginning i thought were looser enmascarated thoughts
I'm following you since a long time ago but this is the first time I comment (even if I always hit the like button) but this one specially speaks to me. Perftionnist with golden entries but struggling to hold them. Waiting for a stop loss chaser that never happen then so frustrated about the big move that I was waiting for a while occur without being in. I changed my candles from green and red to white and black respectively but this time I will try your advice with the only same color to erase my emotions which holds me from being consistently profitable. Also I used to trade H1 and H4 but now I'm a scalper (1mn/5mn) which requires a lot flexibility, quickness and reactivity. A lot of taken trades but as you said poor quality because of fear and greed and tight stop loss. Clearly so much work on the table for me man ! Thanks a lot once again for all the amazing content you've shared here but I think this one is one of the best by far. A follower from Paris ;)
Something that helped me get passed “pulling the trigger paralysis”, before you even look at the chart, accept the fact that you’re willing to lose, say for example, $1000.00. Once you’re ok with that, accepted it, then open the charts. Now that doesn’t mean you hold on to a loser until it hits minus a thousand, if the price action is telling you get out at minus 200 then get out. Your never gonna totally eliminate stress, no matter how you slice it losing sucks, but if you can accept it as part of the business you’ll be alright.
I like to pick a set profit target for the day...ie..1%, 2% whatever and a drawdown allowance for the day..I use .5% on a larger account. Once I hit one of these. I'm out until the next day. I only enter trades from 2-4am est and from 845-10am est.occaionally I'll trade the Asian session in the middle of the week and I NEVER TRADE MONDAY. Best of luck. Great work 💪
good practical tip..know your weakness/es, also ive been agnostic to candles long before because price action/trend matters more..and position trades like the smart money
I greatly improved my trading by using heikin ashi candles and having a 1 min and a 5 min chart both. The candles combined with a higher time frame removed a lot of the “noise” and greatly smoothed out the trend for me. One of the best things I’ve used to date to improve overall trading. Use a paper account to practice and experiment. Seriously do this.
► Join TSM Academy: thesecretmindset.podia.com/academy
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Having traded for 20+ years, this video has insights that are SPOT ON! The mental challenge is the most difficult part of trading.
👍👍
20 years trading, how many years Vegan?!
@@constantout 46
@@constantout 13
@@constantout😂😂out of context but funny
The only practical channel, the only channel i follow for infromation, when ever i follow any other tips or contents i fall in to some unknown territories then again i watch TSM videos to learn again the basics,
I see this channel as my mentor
A very grateful thanks for all the information's you have shared free.
👍 Much much appreciated!
are you profitable?
After my 5 years of experience in trading this video is the best finisher for me learnt a lot of things and catch my mistakes. Thanks you sir for this knowledge I really thank to you for this knowledge please make more videos like that and why psychology is important in trading ❤️🫡💯
love from india 🇮🇳
👍 Much appreciated!
Jai Hind 🇮🇳
And yes, *loved the content of this video.* ❣️ 💯 👍🏼 Invaluable advice.
💚 Higher time frames. 👍🏼
@@readingsbycara ko
The only possible reason for disliking this video is that you should have it posted many months ago. Thanks man.
👍
Very true as Al Brooks says too use Limit orders because only by doing that you have already worked out based on your criteria where your entry should be rather than just reacting to price. Great info as usual.
👍👍
One genuine trader who shares his experience in all practical aspects.No false promises and flashing fake P/L statements.well summarized to the point.
👍
Excellent educational video!! 7 months in trading and I can say that I have been through all the wrong trading habits highlighted in this video that caused mental burnout, stress, anxiety and frustration. I was slowly starting to become aware of these shortcomings but seeing them in one short excellent video was a real validation. Thank you and kudos to your stellar work :)
👍👍
I have not seen any CZcamsr that has given such in-depth calm trading mindset. Mindset is really everything I wish I found this channel a long time ago but my previous losses have absolutely changed the way I do things now
👍 Much appreciated!
One of the best moments I had since I started to learn about trading has been finding this channel. Still miles away from being a proper trader, but at the same time far closer thanks to The Secret Mindset. Thank you so much my man!
Much much appreciated! 👍
red or green, patterns are important. you shall master the same soon.
I've made these changes through personal experience, trial and error and I can say with confidence this person is correct. I changed my candles to a pretty soft green and soft black with lighter gray bodies and a black background. Everything else he said is correct. it's great to hear someone else say I'm on the right path!
👍👍
right now Im experiencing the lack of passion on trading due to my streak losses. Thank yoju for this video that makes me whant to trade again with a fresh perspectives.
Best of luck!👍
Take a break
Paper trading the 1hr chart with very good results for 2 years. I’ll go live when I know I’m ready. This video is very valuable information, watch it again. and again. I know my chart will be one color tomorrow.
👍
I am watching this video and not even a second over after changing to one colour on my chart I already feel relaxed...I'm nt telling myself where the market should go based on what colour it closed at, I'm actually neutral about where it can go and what do I do when it does
👍👍
You are the best youtuber of trading world 👌😍
Thank you so much 😀
By the way where are you from .?...i come from india
Right bro...
@@KaranSingh-fd8vk bro India, where are you from?
@@NorthernCryptoGang bhai terko thodi bola..jiska channel h usse puch rha tga🤫
I think this video has hit the Phycological aspects of trading right on the hammer. Concise and to the point. No fluff. Great stuff.
Glad it was helpful!👍
Never commented on your videos before, but I have to, thank you so much for your videos and especially this one! So valuable! I love those psychology-oriented videos. Thanks, man.
Wow, thank you!👍
@@TheSecretMindsetThank YOU! 🤜🤛
Took a BIG HIT this week! Not using a stop loss because I have this bad problem with not accepting losses. Former basketball player so it's the competitive side of me. Cost me tremendously this week. Really needed this video. Thank you.
👍🏻
Wow... Like wow
How about investing?
I feel you man…😢
You are amazing!!! you always focus on the most important issues in day trading and you explain things that no one else does in such a CLEAR, BRILLIANT, SUPER INTELIGENT way. Thank you very much for doing these videos.. ❤
👍 Appreciate it!
This video is gold, fortunately I changed my chart to a single colour a while back, it helps to properly see price actions patterns . Thanks for your other tips, great video
👍
i agree on that to
This youtube channel will be most useful for traders who are experienced and still losing money.
👍
Incredible. I love this video and i also subscribed. I can't agree more with you. The biggest mistakes I've made are trading with emotion and not using stop losses and using "hope" it'll come back. Still working on the emotions part. It's not easy, and it's not for everyone to try and day trade with your own hard earned money. The same color candles is something I'm highly considering
👍👍
Thank you for the tip on changing candles to the same color. Such a huge improvement, who would have thought!
Thanks a lot for your support!👍
Wider Stop loss and lower position is such a good lesson.
I was taught myself to change my colors to purple and clear. Helps alot.
👍👍
My favorite channel for TA! Thanks!
👍 Thanks a ton!
@@TheSecretMindset No thanks for all your effort, your vid. are great and direct, right to the poin!
Nelson Mandela once said, “I never lose. I either win or I learn.”
That's exactly how I perceive and highly value the biggest losses I encountered. Thank you for the uni-coloured chart hint, will try it out.
👍👍
Every traders will face this same problem.. who all controlling their mindset they wins ... But the real truth is only 1% people will win in the race... But really ur video is very useful to get some valid points thank you lot
👍
Cryptocurrency and binary trade has been one the most profitable online trading and Alot of Investors have been benefiting from their trade.
One of the greatest channel for trading and psychology i never seen before...!🔥♥️
👍👍
really good video, i struggled with a lot of these things when i first started. especially moving to a higher timeframe helped a lot. before i used to trade 5-15 minute chart and when i checked, i realized i opened my brokers app about 150 times a day and left it open for aqbout 6 hours every day, just staring at the price. Edit: a few weeks back i also discovered wider stop loss with smaller pos size, truly a game changer and has helped me a lot!!
👍👍
Holy crud.this is pure gold. Thank you.
👍
I always find value in your content!
👍 Thanks a ton!
Really nice . it really helps me specially for fear of loss nd my mind is clear now
👍
Thanks for this set of most valuable advices on trading. A good portion of my improvement as trader has come from your lessons.
Keep it up👍
This is one of the most valuable videos on fx trading I have ever listened to. Thanks a lot.
👍👍
This was actually really helpful. I’m still having mental blocks when trading. So right now I’m just doing long term investing into a drip. But changing the colors is a great strategy. The red definitely scares me. But these are good mental strategies.
👍👍
Your comment has amused me 😀😀.. Red color not for me
Excellent advice overall, especially on changing the colored candles to one color!. I've been trading MANY years and should have done this long ago. Crazy how the different colors really affected my emotional state. Enjoy the videos, thank you and keep up the great work!.
👍👍
I use liquidity farming so I get a daily payout regardless of what the market does. The daily amount fluctuates with the market but it's still all profit.
👍
How do you do that ? If you can ... plz
What are you calling liquidity farming?
@@just6401 using cryptocurrency. I use coins I'm planning to hold long term. I provide 50% coin and 50% stablecoin to each pool. Over 100 different pools. I receive a percentage of trading fees between the two coins plus some apy. I also have a bot I wrote which adds and removes some of the stablecoin from the pool as the price of it's paired coin changes.
Nexo is my liquid farm
SIR....I REALLY DONT HAVE WORDS TO THANK YOU AND SHOW MY GRATITUDE TO YOUR HELPING VIDEO......LAST WEEK I FACED SAME POINTS IN MY TRADING...I WAS TODAY THINKING OF SAME AND YOU GAVE ALL SOLUTIONS TO MY COMPLICATIONS.....MAY BE THIS IS TELEPATHY.......HAERTLY THANK YOU.......BEST VIDEO ON MINDSET IN WHOLE CZcams UNIVERSE.
@@blinktrading1553 THANK YOU.... FOR YOUR KIND REPLY.
very information. and come from real experience. thank you very much. I am also a member of the Academy. and I hope you plan to have a channel of communication with Academy members and give a chance for like-minded people to meet and discuss course contents and strategies.
Thanks again and keep up the good work.
Thanks a lot. Planning a Discord group, but currently I don't have the time to manage it.
Now this is an excellent video .... I would just add self control...when you know what to do wait and execute ....
👍
Stress is coming when u have number of losing trades or big drawdown, best way is to practice on paper money first and then start from the small money.
👍
Oh you said some real stuff here! My mentor was just telling me about this and I changed my colors all to blue and I only focus on price action. Not havig to see which way candles are going I don't chicken out. Props to you
👍
This was solid Sir! The mental approach you presented was stated well and it makes sense to me as a beginner. Thanks!
👍👍
I would request youtube to add a Love button for videos like these.
So true my good sir.
Video is like looking into a mirror when I first started.
Took me 7 months to figure that out on my own. Learned a lot on the way..
Stay calm, if it goes negative,
Zoom out were the candles are smaller.. that helps.
Trust in your studying if it's bullish or bearish..
Using the Demo and Live account at the same time helped. Hesitate in the Live, didn't on the Demo. It showed me, trust in my decision.
I could of made $25 or even $60.
But you didn't because you hesitated.
But sometimes you have to know when to fold.. it might go back up but much later in the night or day depends.. missing opportunities during that time.
If you lose a little bit of money.. so what... learn from it. Aways can be won back.
There's always that 'what if' it goes the other way.. that holds most back
Missing great opportunities
Those who say they can't and those who say they can, are both correct.
Never Fear Victory
Excellent sharing 👍
I never seen that much common sense in a single video 👌
👍 Appreciate it!
I feel like your in my head sometimes when you post vids at just the right time. I've been stupid trade shy lately and this is exactly it. I'm coming off an 8 week hot streak and I've been down for almost 3 weeks after a catastrophic mistake with my trade software on the wrong account with ES when I meant to be on an MES chart. And I did it twice! 🙄 I do use grey candles or bars with slightly different shades. And I do really like the RSI Bars you posted about and I'm tweaking the code for gradient color. You're vids are the only ones I watch anymore. I'm such a fan-girl. Lol
👍👍 Thanks a lot, mate!
The best content on CZcams ! I felt like you were speaking directly to me! My trading habits are about to change because of you!! Thank you so much!
👍👍
I find that trading a market that has the clearest picture helps me. For instance I trade AUS/USD vs EUR/USD just because the waves and patterns are much cleaner to me.
👍👍
This is the best video ever!!!
I was doing over technical analysis and not taking the position even though I know the position. Thanks a lot Bro!!!
👍
I've never traded using black and white for price action. I have been using just price action with out any indicators to locate entries and exists. When I find my entries and exists I think about which indicators should be in confluence with my thesis. Then I add them to my chart and back check them for confirmation. I definitely needed to hear these trading concepts we all need to be reminded of how we are affected by our actions and mistakes. Great job on this video thank you!
👍 Thanks a lot!
Man besides the priceless quality of your content, the editing is really impressive. Your editor deserves a raise. Please keep it up!
👍 I edit the videos myself. Quite relaxing after a trading session.
probably best his video, guy is improving very fast
👍
I used to appreciate your videos before but ever since I began trading seriously it just hits different. Thanks man
👍 👍
When I stopped placing market orders my confidence in trading skyrocketed, after watching this video I'm going to change the color of my candles, thank you!
👍👍
It's like you are in my mind and know how i feel🙏 amazing video
👍👍
What a person you are...great great and great...wordless...🙏🙏🙏🙏🙏🙏🙏❤️❤️❤️❤️
Many many thanks👍
Congratulations.Very important point of view.A few months ago i was awared about colours affect on candles as you mentioned and i switched to single colur bar chart when i follow markets.Patrerns are seen clearly then.
Thank you so much 🙂
Great video with a great effect....Thanks man
👍
This is insane in a good way!!! Never thought of it this way
Thank you ❤
👍
Ive been successful in trading for about 4 years now... I thought the single candle coloring was interesting as Ive always used Green/Red. Im going to give it a try (White/Dark Grey) and see how things change. I definitely want to focus more on price action! Love your videos
👍👍
The quality and information of the videos u put out is really good. the editing is top notch.
👍👍
Your videos and channel have always been a SOURCE of PRECIOUS KNOWLEDGE, INSPIRATION, LEARNINGS, POSITIVE PSYCHOLOGY, etc. etc.
It was an AWESOME 👍 session with so much VALUE in it..... that I was tempted to take NOTES of the points you discussed, for referring to in a repeated fashion, forever (because it's human psychology that you tend to forget things which are beneficial to you)....
Loved completely 💕
Thanks 👍🙏 for putting in such efforts for us....!
Wow, thank you👍
I'll have to give this a try. Getting a handle on my anxiety and not touching the trade after it's entered (i use a set take profit / stop loss in a 4:1 ratio so i don't have to touch it) is the hardest thing, even after having a whole week of wins and my strategies working almost flawlessly at times i still find myself messing with it and leaving profit behind or missing my exit and hitting my loss and it really is the most frustrating feeling I've ever felt in my life. Self control cannot be understated in the trade world.
👍
Excellent content and explanation 👍🏼
Much appreciated!👍
I already use singler color blue for candle body n green for wicks. In intraday u dont need multicolor it only make difficult to see group of candles n patterns. It really helps.
Such awesome advice, thank you! I will be trying the candle color idea right now. 👍🙏😎
You are so welcome!👍
Habe gerade massive Verluste beim trading erlitten & dieses Video hat mir echt die Augen geöffnet, danke!
👍
Honest explanation, keep up the good work, you give us good value and fill in our missing gaps .thank you
Happy to help👍
Excellent Video - very useful info - the personal perspective is very powerful
Much appreciated!👍
The best decision I ever made in my life was investing in financial market. Trust me guys, it pays!😊
You're right 👍
I'm changing color right now! As a marketer, this makes sense to me.
👍👍
Thank u very much for valuable information..that will really helps a lot of people 😊
👍 Always welcome!
The best trading advice ever. You have addressed the most critical parts of trading. Very true. Glad i came across your videos. This is life changing. Keep up the great work.
I appreciate that!👍
This is probably one of the best videos you've made so far, I really appreciate the effort you put into sharing this valuable info 🙏🏼💯 ...don't forget to like and subscribe yall highly recommended
Glad you enjoyed it!👍
Lost a trade today because I thought the price was moving against me when I saw the red candle. It was just trying to create a relief then move up. I cut the loss and immediately, the price action went to my target.
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Worse feeling for me and horrible on the psychology. I’m right about trend most of the time but get scared when it pullback. Use Hiekin candles. It’s been helping me better.
@@renebleu8711 yes. Heiken Ashi Candle smoothen things and helps. The regular candlestick is too complicated
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hey man, thanks for your videos, they are always excellent - to the point and with no BS. Really appreciate your work, thanks!
@@RetroNels 🤔🎈📌
💯 *I identified with a lot* of what you've stated here...
*Thanks* for the great tips. ❣️
This is by far the one of the best trading/mentorship Channel. Thanks !!
Appreciate that👍
i know exactly what you mean when you say that initially one loves the thrill of the lower time frames, but over time i also felt how i got burned out, there was a mental fatigue that also made me step away from trading altogether for some weeks just to get away from this noise.
my only question is: are time frames higher than the 1min and 5min candles still good for daytrading? i feel like higher timeframes would only be useful if you are planing entries that are there to stay for longer time...
I first made the transition to M30 charts, from the lower ones. At first, it was hard to accommodate. Then, gradually, I moved even higher. Now my favorite one is the H4 time frame.
@@TheSecretMindset thank you good sir!
Yes they are good for daytrading bc higher timeframes give strong validation to levels of support and resistance.
You should use bigger picture timeframe of 1h and 15m, then zero in to 5m/1m when necessary.
@@MikeyUK1987 I use all timeframes up to and including H4.
Combo of limit and stop orders from a consolidation with minimal lot size and wide stop loss of the consolidation.
*Nice one here, though I prefer trading with the help of a professional trader, I believe it saves me time and reduces the risk involved in managing my trades.*
I usually go with registered representatives. ''Sherry Alfie " for example has the best performance history (in my opinion) and does offers 1v1 consultation to her copiers which I think is amazing. I don’t know how many traders like that are there.>
I urge everyone to start somewhere now no matter how small, this is literally the time for that, forget material things, don't get tempted, i became more better the moment i realized this.
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I think the candle color tip is great
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I trade candles with nice colours I’ve done this for a while now and it does truly work.as for candle time frame I moved to 3min.such a great video again this guy is a genius
👍 Thanks a ton!
this is professional trading no emotions thank you for confirming many of the thoughts that in the beginning i thought were looser enmascarated thoughts
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I'm following you since a long time ago but this is the first time I comment (even if I always hit the like button) but this one specially speaks to me. Perftionnist with golden entries but struggling to hold them. Waiting for a stop loss chaser that never happen then so frustrated about the big move that I was waiting for a while occur without being in. I changed my candles from green and red to white and black respectively but this time I will try your advice with the only same color to erase my emotions which holds me from being consistently profitable.
Also I used to trade H1 and H4 but now I'm a scalper (1mn/5mn) which requires a lot flexibility, quickness and reactivity. A lot of taken trades but as you said poor quality because of fear and greed and tight stop loss.
Clearly so much work on the table for me man !
Thanks a lot once again for all the amazing content you've shared here but I think this one is one of the best by far.
A follower from Paris ;)
👍 Much much appreciated!
Remember, "frustrated" is a way of saying "I'm in a hurry". Cheers
Something that helped me get passed “pulling the trigger paralysis”, before you even look at the chart, accept the fact that you’re willing to lose, say for example, $1000.00. Once you’re ok with that, accepted it, then open the charts. Now that doesn’t mean you hold on to a loser until it hits minus a thousand, if the price action is telling you get out at minus 200 then get out. Your never gonna totally eliminate stress, no matter how you slice it losing sucks, but if you can accept it as part of the business you’ll be alright.
You are the best CZcamsr for trading in the world
👍 Much appreciated!
I like to pick a set profit target for the day...ie..1%, 2% whatever and a drawdown allowance for the day..I use .5% on a larger account. Once I hit one of these. I'm out until the next day. I only enter trades from 2-4am est and from 845-10am est.occaionally I'll trade the Asian session in the middle of the week and I NEVER TRADE MONDAY. Best of luck. Great work 💪
👍 The Monday filter is a very good one.
This the best presentation I ve seen about the trading stratégie and psychologie
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Just getting to know this channel am impressed with all you share. Thanks for all do boss.
Alabamat from Nigeria
Our pleasure!👍
Simply I love this channel..
Love from India🇮🇳
👍👍
World best trader... I appreciate u sir
👍 Thanks a ton!
Glad to have u sir
Thank you so much...love from india...
So nice of you👍
good practical tip..know your weakness/es, also ive been agnostic to candles long before because price action/trend matters more..and position trades like the smart money
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I try the same color candle trick and it helped a lot.
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I greatly improved my trading by using heikin ashi candles and having a 1 min and a 5 min chart both. The candles combined with a higher time frame removed a lot of the “noise” and greatly smoothed out the trend for me. One of the best things I’ve used to date to improve overall trading. Use a paper account to practice and experiment. Seriously do this.
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The greatest psychological class i have have ever watched 🎯🎯
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Thank you. another great video for ones those on their way to challenge the market
Glad you enjoyed it👍
Fantastic video,100% true.I will test your one colour candle strategy.
Go for it!👍