How I Stay Patient When Day Trading Futures

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  • Опубликовано: 26 ноя 2024

Комментарии • 129

  • @Rachelschneider03
    @Rachelschneider03 Год назад +112

    Bad year for me, META down 40k, ALLP down 35k, Draft Kings down 6k, NIO down 15K, ABML down 8k, and my wife doesn’t know. I'm just hanging on to Jim Cramer's words about opportunities in volatile times so perhaps, I either wait for a recovery or pick profitable investments to substitute for my loss.

    • @ReidCoffman1
      @ReidCoffman1 Год назад +4

      Quite frankly there are actually ways to make high yields amidst volatile times, but such trades are best done under the supervision of a portfolio-coach.

    • @AshtonGrace
      @AshtonGrace Год назад +3

      I agree with Natasha on having a portfolio coach, also patience is your best friend here. I'm a huge investor and cant afford to take the risk of investing by my knowledge, rather my portfolio is overseen by a license advisor, since late 2019 amidst rona-outbreak till date. I'm only about $86k short of closing in a $1m ROI

    • @MariusNatt
      @MariusNatt Год назад +3

      @@AshtonGrace magnificent! can you please share more info on the coach that guides you? really could save me much Lady,

    • @AshtonGrace
      @AshtonGrace Год назад +3

      @@MariusNatt Cant divulge much, her name is "Maria Teresa Tyler" most likely, the internet is where to find her basic info, kindly research.

    • @MariusNatt
      @MariusNatt Год назад +2

      @@AshtonGrace thanks a bunch for saving me backward and forward hours of researching the mrkts, I just copied and pasted Maria"s full name on my browser, and her site appeared top search, no nonsense at all. She looks impeccable.

  • @clarklex3982
    @clarklex3982 Год назад +42

    If you are not in the financial market space right now, you are making a huge mistake. I understand that it could be due to ignorance,but if you want to make your money work for you...prevent inflation

    • @clarklex3982
      @clarklex3982 Год назад

      Jane Roy is the woman I’ve been trading my coins with for the past few months I started with her last year

    • @KatherineMason-t6p
      @KatherineMason-t6p Год назад

      To obtain a financial freedom, One needs to be a business owner, an investor, or both,generating passive income, particularly on a monthly basis

    • @jelitajelita2501
      @jelitajelita2501 Год назад

      Over here, I lost alot of my savings which I will never try anymore.
      I’m such an idiot if I think about what I did trading on my own with no professional guide

    • @RobertLeo-jn5rc
      @RobertLeo-jn5rc Год назад

      Please I have been hearing about this trader Jane Roy from colleagues. How do I easily reach out?

    • @clarklex3982
      @clarklex3982 Год назад

      She’s very active on Whats~App that’s where I met her.

  • @bradtrades
    @bradtrades Год назад +4

    @6:00 Been trading full time for over 20+ years- he is so right about context switching. When you're looking at charts after the fact or paper trading you might not think so, but after you've had money at risk in one direction making the switch right away is tough. But it's ok, because you only really need one good trade every day anyway.

  • @mk_throws_discs
    @mk_throws_discs Год назад +3

    nice to see you posting videos again!

  • @foxontherider
    @foxontherider Год назад

    your scalping videos got me to realize how easy it was to do this and i started to see big moves and thought i could do that too. nice to see you doing the big moves now too

  • @kingmike40
    @kingmike40 Год назад +1

    I don't see any times or dates on your charts. Could you tell me what time frame you use?

  • @SamHarris-h6p
    @SamHarris-h6p Год назад +1

    Hello, I'm just getting into futures and trading in general. It would be nice if you could make a video that is a traders test. Something where you put a scenario/ chart up and say what do you see, would you enter or not. pause video and write down your answer. I need something I can repeat or watch over and over again. This would be awesome with your plethora of knowledge. Thank you

  • @anthonysmith3187
    @anthonysmith3187 Год назад

    I'm glad you are down to earth and explain how trading really is.

  • @alextop1850
    @alextop1850 Год назад +3

    What program did you use to code your bot ? And broker? Good your back 👍

  • @2312rpg
    @2312rpg Год назад +1

    What time frame you trade on ?

  • @Austin195
    @Austin195 Год назад +21

    I really appreciate the dedication in each video you post, I was able to build a big income stream investing with Mrs Katherine Flores

    • @Christianserratos154
      @Christianserratos154 Год назад

      wow.. amazing to see others who trade with Mrs Katherine Flores, i'm currently on my 5th trade with her and my portfolio has grown tremendously.

    • @toddhozier
      @toddhozier Год назад

      I invest with Mrs Katherine Flores too, she charges a 20%commission on profit made after every trading session which is fair compare to the effort she put in to make huge profits.

    • @mustaphasiddique6575
      @mustaphasiddique6575 Год назад

      this is not the first time i am hearing of Mrs Katherine Flores and her exploits in the trading world but i have no idea how to reach her.

    • @tracynguyen726
      @tracynguyen726 Год назад

      As a first time investor I started trading with her, with just a thousand bucks. my portfolio is worth much more that now within just weeks of trading with her.

    • @dr.burakdeniz
      @dr.burakdeniz Год назад

      With the consistent weekly profits I'm getting investing with Mrs Flores, there's no doubt she is the most reliable in the market. such a genius

  • @chilidog73
    @chilidog73 Год назад +3

    Live the new training style. Thank you for the value you provide!

  • @Nasirkhan0066
    @Nasirkhan0066 Год назад

    Welcome back sir... After a loong time.. It's been 3 years. Just saw your name in the utube notification. I was like hey this dude looks familiar. 😊

  • @tinydust1597
    @tinydust1597 Год назад

    Hi Michael, thanks for your videos. I don’t invest futures right now. I am able to follow your idea to spot the entry opportunities but the move within the range is not able to generate enough profit. Is that because you are buying/selling futures?

  • @bhquang
    @bhquang Год назад +1

    For a long time to see your video again...Do you just trade in some hours before working in the office or change to a full-time trader?

  • @FuturesPlaybook
    @FuturesPlaybook Год назад

    Wow Michael Chin, you're finally back.

  • @fogeride9484
    @fogeride9484 Год назад +1

    I’m 50 years old living in California.I’m hoping to retire at 55 if things keep going well for me. Bought my third house last month and I can’t be more proud than I’m today. I’m glad I made a great decision about my finances that changed me forever

    • @medohosu89
      @medohosu89 Год назад +1

      Congratulations you are really doing well at your age.I’m 43 my finances are in a mess right now, any great tips would really go a long well in shaping my life. Would love to fix my financial life and buy a house too

    • @agodlana8190
      @agodlana8190 Год назад +1

      Creating multiple sources of income is highly rewarding, start some investments as It helps in planning adequately for the future.

    • @bukadare3098
      @bukadare3098 Год назад +1

      I actually came here to learn how to invest after listening to a guy on radio talk about the importance of investing and how he made $460,000 in 4 months from $160k, when is the best time to start investing, I'm a newbie and I'm open to ideas.

    • @dinatoza6041
      @dinatoza6041 Год назад +1

      Yes exactly, and this is the perfect time, don't wait until the market skyrocket again then you start biting your fingers wishing you made the decision to invest. bought my third house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn't matter if you don't have any of them right now, you can start TODAY regardless of your age INVEST and change your future! Investing in the financial market is a grand choice I made.

    • @jolynnerma9194
      @jolynnerma9194 Год назад +1

      Interesting, I have a lump sum doing absolutely nothing at all in my bank account, I wanna get something started with it. You seem to be doing excellent for yourself, how do you achieve this?

  • @sonalisharma003
    @sonalisharma003 Год назад +1

    Thank you brother 😊

  • @ktojf2832
    @ktojf2832 10 месяцев назад

    Hello! What time frame are you using?

  • @johnsmith1882-x2i
    @johnsmith1882-x2i Год назад

    6:25 you can practice this by going into demo mode and be ‘always in’ i.e. you must always be long or short.

  • @qubit0002
    @qubit0002 Год назад

    What trading platform is this that displays real time p/l within the chart?

  • @gusbrahfernandez4125
    @gusbrahfernandez4125 Год назад

    so you use a trading bot? of you do, what's the name? thanks

  • @tomandzack
    @tomandzack Год назад +1

    Great Advice!

  • @yvesbonnet6977
    @yvesbonnet6977 Год назад

    where have you been Michael. Haven't seen you on RUclips for a long time! happy to be back!

  • @motivationmasters1
    @motivationmasters1 Год назад

    HEY THANK YOU FOR THE VIDEO,WISH BROKER DO YOU USE

  • @johnfutures
    @johnfutures 5 месяцев назад

    what timeframe you entering?

  • @acepaul407
    @acepaul407 Год назад

    These up/down candle pattern with a flat EMA is quite common I used to play these, but this is a low reward/high risk senario. MUCH better off waiting for an actual trend to form before making a move. Just my 2 cents.

  • @2toneboxingclub
    @2toneboxingclub Год назад +1

    I heard nothing about how you stay patient during day trading, just a review of a trade you stayed patient for. That doesn’t explain the how. I have a psychology setting that puts a big X on my screen when the market speed is too slow. This is a helpful how. Also your comments about bias need to be overcome by sim trading and becoming a robot. Trading with any bias will leave you broke eventually.

  • @Fuski01
    @Fuski01 Год назад

    Good to see you back michael. I thought you'd never comeback lol

  • @dalewilson9621
    @dalewilson9621 Год назад

    How do I know if you are trading live?

  • @jpro2222
    @jpro2222 Год назад

    Thanks for the insight. Helps me understand the market a bit more. :)

  • @johns7989
    @johns7989 Год назад

    Hey Michael! You mentioned you were on the west coast! Any chance you're from Canada? :D

  • @JuanGabriel-h3c
    @JuanGabriel-h3c Год назад

    Hey Michael - what platform are you trading on in this video?

    • @arjunmitra1090
      @arjunmitra1090 Год назад

      In all of his previous videos he is using ninjatrader8, so I believe that is what he is using for this video too.

    • @sajilj2596
      @sajilj2596 4 месяца назад

      ​What timeframe he use ?​@@arjunmitra1090

  • @alvinclark1370
    @alvinclark1370 Год назад

    Is this still a 1 min chart ?

  • @FirstRoom-yx7fs
    @FirstRoom-yx7fs 9 месяцев назад

    damn man, i'm learning from here, i have never learned that much from anywhere else. Thanks ❤❤

  • @nicolastritto9304
    @nicolastritto9304 Год назад

    your the man, keep it up.

  • @siddharthmunshi6190
    @siddharthmunshi6190 Год назад

    Thank you, learned a lot

  • @davidbugatti2159
    @davidbugatti2159 Год назад

    Good t2 c ur back 🔥

  • @arinnfc
    @arinnfc Год назад

    wow thanks cool very helpful

  • @greatone2717
    @greatone2717 Год назад

    Thank you 🎉❤

  • @MrGiant978
    @MrGiant978 Год назад

    but its sunday how is this possible that you can trade bro? What did you trade while the market is closed?

    • @okotojesu2505
      @okotojesu2505 Год назад +2

      Futures is open at 6pm EST on Sundays. If you are a trader you will know.

  • @davidbugatti2159
    @davidbugatti2159 Год назад

    \love your videos, please make more ..

  • @Nxt-lav-edit
    @Nxt-lav-edit Год назад

    The trade room Army

  • @traderboi2662
    @traderboi2662 Год назад +1

    Super insightful! Much appreciated! 🙏

  • @alextop1850
    @alextop1850 Год назад +1

    Your alive

  • @marketsqueezer
    @marketsqueezer Год назад

    If you don't have the patience to watch how I traded today, then you will never have the patience to be a trader, period.

  • @tradetoshareph8612
    @tradetoshareph8612 Год назад

    what happen to you chin.. after 3 years your back...

  • @如山岳
    @如山岳 Год назад

    Thanks, 👍👍👍

    • @如山岳
      @如山岳 Год назад

      Email not work connect .

  • @streambolt2467
    @streambolt2467 Год назад

    W trader

  • @elviswilliams3393
    @elviswilliams3393 Год назад

    Good 👍

  • @Freneticly
    @Freneticly Год назад

    Thanks for the good video. Very informative. I agree, patience is key.

  • @shooter.mcgavin
    @shooter.mcgavin Год назад +1

    I like to rip farts while I day trade 💨

  • @belhinaniabdelkhalek6481
    @belhinaniabdelkhalek6481 Год назад

    LOL how is that a double bottom ?

  • @MalMilligan
    @MalMilligan Год назад

    Do you reply to comments ? Why not switch to Algo ? It literally takes the emotion and need for patients out of the game.

  • @pgohearn
    @pgohearn Год назад

    🤘

  • @KOSMIKFEADRECORDS
    @KOSMIKFEADRECORDS Год назад

    What a welcoming and attractive face! Made me click.

  • @mgp_scalp
    @mgp_scalp Год назад +4

    The scammer is back.

    • @davidfarriol10
      @davidfarriol10 Год назад

      🤔

    • @rupulstilskin
      @rupulstilskin Год назад +2

      What's your evidence for making that accusation? Did you lose a lot of money following his advice? It's always trade at your own risk, don't trade with money you can't afford to lose, and past results don't guarantee future results. Some people will make money and some will definitely lose.

    • @mgp_scalp
      @mgp_scalp Год назад +1

      @@rupulstilskin stolen course and manipulated videos (old videos).

    • @Jackthompson01
      @Jackthompson01 Год назад

      Is he profitable? Has he posted statements?

    • @Ayden43v3r
      @Ayden43v3r Год назад

      That shit is old bro. Pretty sure that break from RUclips was to reinvent himself. A lot of people are rehashing that 2 legged movement. He was just the first to do it. 👑

  • @iCodeForBananas
    @iCodeForBananas Год назад

    Dudes a con man

  • @jackroark6928
    @jackroark6928 Год назад

    excellent

  • @ivansilvadelgado7981
    @ivansilvadelgado7981 Год назад

    PATsTrading. What about the Second Entry?

  • @studyhomeeducation
    @studyhomeeducation Год назад

    love from india🟠