I Became a Profitable Trader After Doing This

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  • Опубликовано: 15 ноя 2024

Комментарии • 226

  • @RileyColeman
    @RileyColeman  Год назад +12

    📙Free 14 page guide of my favorite trading patterns ➡bit.ly/RCtradingguide

    • @nemegaming5851
      @nemegaming5851 Год назад

      Bro what's you trading capital here plzzz tell ?❤❤

  • @mantasu631
    @mantasu631 Год назад +2

    this guy is no joke. no bullshit dragging it out just straight to the point that is very respectful when it comes to trading videos. the best trading channel ever

  • @travisabm
    @travisabm Год назад +67

    I'm new to all this, feels overwhelming but I won't give up on learning this. Thanks for you clear explanation from the very beginning!

    • @memphisginger2751
      @memphisginger2751 Год назад

      @@dakota138 That's right, you need an experienced trader to make good profits trading cryptocurrencies

    • @marthajames987
      @marthajames987 Год назад

      For beginners who do not understand how to trade cryptocurrencies, it is better to contact a recognized professional trader who will help you trade and receive your profit at the same time.

    • @pharrellosullivan8688
      @pharrellosullivan8688 Год назад

      How can someone know a professional trader that is trustworthy when legit ones are hard to find this days

    • @bobwarshaw8439
      @bobwarshaw8439 Год назад

      Isn't that the same Mrs. Katherine Flores that my neighbours are talking about, she has to be a perfect expert for people to talk about her so well

    • @travisabm
      @travisabm Год назад

      Please how can I contact this woman Katherine Flores? I will also like to invest with her

  • @weimingwong1436
    @weimingwong1436 Год назад +7

    You’re the second mentor on many of the utube channels that really teach something meaningful. Total understood certain things you said immediately, sometimes we just learn need a little click and well.. thanks mate.

  • @kennethmarsh7000
    @kennethmarsh7000 Год назад +1

    You are my new go to guy! I've made more in one week of trading than I lost last year!

  • @showthatsmile
    @showthatsmile Год назад +7

    1:27 - Patients vs Patience :)

  • @marianaduarte955
    @marianaduarte955 Год назад +20

    Je fais d'énormes profits sur mon investissement depuis que j'ai commencé à trader avec Mme Karis Mathew, ses stratégies de trading sont de premier ordre

    • @ibrahimclark983
      @ibrahimclark983 Год назад

      J'investis aussi avec Karis, elle facture une commission de 20% sur les bénéfices réalisés après chaque séance de trading, ce qui est juste par rapport aux efforts qu'elle a déployés pour réaliser d'énormes bénéfices

    • @santiago40654
      @santiago40654 Год назад

      Ce n'est pas la première fois que j'entends parler de Mme Karis Mathew et de ses exploits dans le monde du commerce mais je ne sais pas comment la joindre

    • @santosda480
      @santosda480 Год назад

      En tant qu'investisseur pour la première fois, j'ai commencé à négocier avec Karis avec seulement 700 $, mon portefeuille vaut beaucoup plus qu'il ne l'était, en quelques semaines seulement après avoir négocié avec elle.

    • @marianaduarte955
      @marianaduarte955 Год назад

      💬💬Il faut être cohérent dans son approche, le trading est toujours difficile mais Karis Mathew est très bon. Veuillez la joindre via sa page te le-gam

    • @marianaduarte955
      @marianaduarte955 Год назад

      @ investwithkaris

  • @amgineco
    @amgineco Год назад +1

    AWESOME ADVICE ... BEEN TRYING FOR 30+ YEARS.. A TOTAL FAILURE.. BUT I HAVENT GIVEN UP YET !!!

  • @RandaT5
    @RandaT5 Год назад +3

    I totally agree with this message! Patience and not over leveraging your account is key i like waiting for high probability set-ups ... even if that means 2 trades a week as a intraday trader....great message!

  • @dangvungochieu
    @dangvungochieu Год назад

    I like the way you jump in to the trade and what you treat with your trade and manage it. thank you so much.

  • @jumperthruster3354
    @jumperthruster3354 Год назад +4

    I make my trade pretty quick from market open but I personally do enjoy watching and seeing what happens all day lol

  • @n7ekg
    @n7ekg Год назад +2

    I don't watch videos to see how I can make more trades and therefore more money. I watch videos to see how I can improve my entries and my targets. I want entries that won't come back in my face and that will run to make a reasonable profit. I go for 9 ticks on every trade - $100/contract. That's it. Bragging about hitting home runs is for amateurs, and won't make you consistent.

  • @relaxationguru4240
    @relaxationguru4240 Год назад +1

    i just wanted to thank you riley coleman ,i been trading for 2-3 years but you have helped me become next level , i have been trading profitable for 2 weeks since i have adjusted my strategy with some trickslearned from you and profit 40-75 perday not a lot but building up for sure !. in my opinion you are the goat for helping day traders . MUCH APPREICATED

  • @tonytyssens9383
    @tonytyssens9383 Год назад +1

    I’m glad I found your channel bruh 😎 I learned a lot better now at how to scalp my trades and support and resistance. Thank you for teaching us 🔥

  • @rookandpawn
    @rookandpawn Год назад +2

    Plus one to this video so much when I first began. I found great success in selling cash secured puts and I would wait weeks to pull the trigger. Now I just set up ceilings and floors on iron condors and I chill out. Yes, I missed the 500% move today when spy went from 403 to 409 but I'm not tripping anymore. I found my one thing

  • @TomyPresent
    @TomyPresent Год назад +1

    You are indeed a great trader, you make things look simple

  • @daddypooks827
    @daddypooks827 Год назад +18

    I've watched a lot of trading videos, and after watching a couple of your videos, I'm subscribing. I really like your simple approach using supply and resistance - no need for fancy indicators. Just learning to read the market, and making quick decisions, then walking away once you've hit your daily target. I guess I have more videos to catch up on! Nice work!

  • @chrisdonnell2575
    @chrisdonnell2575 Год назад +2

    Good advice but better to learn to read the DOM and Footprint and risk just 6-12 ticks (3 points) MAX. 10+ point stops are ridiculous for scalping.

  • @3orcs
    @3orcs Год назад +1

    Anyone know what that PRICE indicator he is using called> The one that shows his Profit in large numbers connected to the price chart. SHws in the middle of the screen. I want to see that on my chart. Be much easier to see how I am doing.

  • @easyfixfx1392
    @easyfixfx1392 Год назад +12

    Nice video bro, scalping usually carries a bad name but it actually defies what trading is all about, you're in for a few minutes and then you're out. You're essentially getting the time freedom and money freedom in just a few minutes per day(killing two birds with one stone) that's if you do it correctly and be realistic about it each day.

  • @gamingkiddo1145
    @gamingkiddo1145 Год назад +1

    Hi there Riley, i notice that you are not taking partial profits. You are basically moving your stops? Is this what you normally do?

  • @barajona2
    @barajona2 Год назад +2

    Riley, can you clarify if "lifetime" license on ninja trader has order flow tools and and data? or is it just lower commissions?

  • @ScottHz
    @ScottHz Год назад +1

    Riley! Good to see you back!

  • @kingsleynkrumah4762
    @kingsleynkrumah4762 Год назад

    I’m understanding The system now through your simple education Riley. Much Grace

  • @Seli6358
    @Seli6358 3 месяца назад

    LOVE THIS GUY ! how many pairs would you say is best ?.

  • @MatchedPlayerOK
    @MatchedPlayerOK Год назад +12

    no biggie just scalping a 40 point move......

  • @jonmanilenio
    @jonmanilenio Год назад +9

    "Patients is key." I was wondering if this was a medical video LOL. Thanks for this lesson 🙂

    • @alanserjeant4947
      @alanserjeant4947 Год назад

      Me Too ! Keep taking the pills lad.

    • @youtrades
      @youtrades Год назад

      Lol- triggered me too 😂

    • @helpmeunderstand5950
      @helpmeunderstand5950 Год назад +2

      @@youtrades Proves you don't need to be very smart to trade?

    • @SergeyBerengard
      @SergeyBerengard Год назад

      Very true, if you're a doctor with many patients, you usually are profitable.

    • @newerax1009
      @newerax1009 Год назад +1

      Haha hilarious

  • @gregorgman
    @gregorgman Год назад +1

    Riley, I trade only options on the stock market but feel that I might be missing out by not trading Forex or Futures. If you trade both the stock market and lets say Forex and are equally successful, would Forex produce more money than the stock market? No idea, havent ever looked at Forex. Thanks.

  • @robramsden7656
    @robramsden7656 Год назад +4

    Patience is definitely key

  • @burgerjoemama
    @burgerjoemama Год назад +3

    I need this, wow! I hope to binge your vids before the bear market ends

    • @bonzaion21
      @bonzaion21 Год назад

      Technically speaking, all of 2022 was a pull back since we didn't go under the 200ma on spy/QQQ

  • @bryanysihara5999
    @bryanysihara5999 Год назад +6

    Thanks for this lovely live trade and explanation of how you found it and how you dealt with it, very informative, thank you

  • @fataheyable
    @fataheyable Год назад +1

    Hi Riley, do you trade the micros ?

  • @Intellistan
    @Intellistan Год назад +2

    You became profitable after watching the charts for months on end

  • @yiyi-py3ew
    @yiyi-py3ew Год назад +1

    Your trend analysis of the financial markets is very accurate and I love your predictions of where the market is going. Keep up your excellent work!"

  • @jeff346
    @jeff346 Год назад +1

    Been trading in my third year, I use exactly the same way now as it fits my trading style

  • @SniperUSMC
    @SniperUSMC Год назад +1

    You spelled patience incorrectly, can't add an s to patient, as in be patient. Patience refers to the ability to wait. Patients is a noun, the plural of patient, someone who receives medical care

  • @elmanguilimotan9906
    @elmanguilimotan9906 Год назад

    Riley, is it advisable to have bigger screens (like yours) so you have an advantage in forex market?

  • @John--qh9xl
    @John--qh9xl Год назад +1

    Great video, Riley. I fall into the same traps. I need to settle down. Thanks.

  • @PaulMatthew-qc5ed
    @PaulMatthew-qc5ed Год назад

    Which app do you use for the analysis. I don't know which app to use to analyze the chart

  • @sheriwn3818
    @sheriwn3818 Год назад +2

    Thank you for the info. Is it possible to see trades on 1 min chart instead of 15min chart?

  • @chrisbruce5533
    @chrisbruce5533 Год назад +2

    Hi. Is there a book you can recommend that will help big time for understanding candlestick pattern and high probability setups , or like rules of thumb , when u see this do that high probability this or that will occur etc

  • @gregbabin365
    @gregbabin365 Год назад

    These videos are excellent, thank you!

  • @LHVMleodragonlamb
    @LHVMleodragonlamb Год назад +1

    caterpillar brows 🌳
    spring time and the potential butterfly

  • @tac0t1ckler
    @tac0t1ckler Год назад +5

    You very quickly have become not only my favorite trading youtuber, but youtuber in general. I really appreciate the education and you come off as someone who genuinely wants to help other traders. Thank you and keep doing you!!

  • @nona4622
    @nona4622 Год назад +2

    Do you look at volume on reversals?

  • @TwiztedHumor
    @TwiztedHumor Год назад +1

    This is totally how to scalp I have done it and it worked

  • @bencruz690
    @bencruz690 Год назад

    Great advice! However, 1:25 "patients" is key lol 🤣

  • @kowex1
    @kowex1 Год назад +1

    JUST GOT HERE AND I LIKE YOU ALREADY

  • @nuriyosa8974
    @nuriyosa8974 Год назад

    I put the stop loss to almost 50% to take profit of 10% . And it worked always

  • @robertw3299
    @robertw3299 Год назад +1

    I checked the NASDQ-100 before the market opened up. I find the max trades are two or three at a time

  • @jorgegarcia3358
    @jorgegarcia3358 Год назад +1

    I dont get it. I thought you make money if the stock value goes up(green)

  • @thisisruddy
    @thisisruddy Год назад +1

    I'm not sure about patients being key but patience definitely is 😜😆 sweet vid man👌

  • @nbaker5879
    @nbaker5879 Год назад +2

    What platform is this you’re using to trade? Great content, thank you!

    • @ScottHz
      @ScottHz Год назад

      It’s NinjaTrader, as mentioned in the description.

  • @navrozvadsaria5949
    @navrozvadsaria5949 Год назад +1

    I tried so much but was not able to find the same setup as you. I have no idea where am I going wrong

  • @gradoscapital
    @gradoscapital Год назад +2

    Dang dude, my scalps are usually 2 handles on ES. Haha great job

  • @SilverhandGreat
    @SilverhandGreat Год назад

    Thanks brother, gratitude 🙏

  • @jettbaker7690
    @jettbaker7690 Год назад

    With a small account, would you be trading options?

  • @Lowkey-dh2sw
    @Lowkey-dh2sw Год назад +1

    What app are u using for this

  • @facucrif3876
    @facucrif3876 Год назад

    Good video bro, thanks, i have one question, what broker do you use?

  • @skhevhula
    @skhevhula Год назад

    Quality content sir🔥💯
    Everything is understandable

  • @szabolcsnagy7638
    @szabolcsnagy7638 Год назад +1

    Define profitable. 2% or 200%??

  • @justchillian
    @justchillian Год назад

    I can't tell you how happy I am taking bigger lot sizes with smaller moves 😊

  • @charlesbosque-hamilton1287
    @charlesbosque-hamilton1287 Год назад

    Do you add to your winning trade?

  • @posthardcoresinger
    @posthardcoresinger Год назад +2

    How the frick did I not think of moving my stop-loss to or just before my take profit 1 zone... the course I'm taking advises not to use automatic stop losses so that you don't get stop-hunted since the hedge funds have level 3 and 4 data and can see where you've placed it, but once your trade is profitable it absolutely makes sense to use one and push it up for protection from pullbacks. Thanks.

    • @ScottHz
      @ScottHz Год назад

      You can program most platforms to hold the stop loss on their server instead of sending it to the market as a limit order, but really, the pros/algos have a pretty good idea of where people put their stops.

    • @xavierd3298
      @xavierd3298 Год назад

      I don't trade stocks but in cryto exchanges I can move my stop loss anytime i want. Once the price goes above my entry price I will change my stop loss to ensure I can't lose that trade and let it ride out

  • @danmarkfigueras1907
    @danmarkfigueras1907 Год назад

    These stratedy works in foxer or only in futures?

  • @billmakatowicz8603
    @billmakatowicz8603 Год назад +3

    Hi. Thanks for great videos. Ive been trading a little and researching brokers for 3 weeks now. I still have a hard time picking one. Which one do you use? The problem I run into is either brokers that trade on metatrader platform that looks like windows 3.1, big spreads or brokers that are not ECN broker, so they are just trading against you. Any tip? Also Im in asia, which means not all brokers allow a hook up to tradingview.

    • @ScottHz
      @ScottHz Год назад +1

      You can trade with NinjaTrader platforma and broker from Asia, they do not trade against you.

    • @bonzaion21
      @bonzaion21 Год назад

      Have you look at interactive broker?

    • @billmakatowicz8603
      @billmakatowicz8603 Год назад

      @@bonzaion21 I appreciate the tip. I choose to go with trading day. It is a propietary firm. They let you keep the first 10 000 and then you get 80 pecent of your winnings. As a new in the market it does not make sense to me to risk my own money if I dont have to.

    • @everythingkorea7599
      @everythingkorea7599 Год назад

      ​@Bill Makatowicz hey man I am also in Asia , can you send me your Instagram, would like to chat to you regarding the broker issue if you don't mind. I am struggling.

  • @vincentnnyc
    @vincentnnyc Год назад +5

    I see you bought 4 contracts of mes for going short. Why don’t u sell half when it went in your favorite and keep half to let it ride. Some traders incorporate this strategy for profit taking. How come u don’t do that?

    • @RileyColeman
      @RileyColeman  Год назад +3

      I've found that doing it this way works better for me. I explain my trailing stop strategy move in other videos.

    • @vincentnnyc
      @vincentnnyc Год назад +2

      @@RileyColeman thx for the quick response. On average, how many trades did you do per day last week for trading the mes?

  • @ashleyevans2433
    @ashleyevans2433 Год назад +4

    Riley you are by far the best teacher and explainer of how to trade. I have been grinding for 6 months from absolute no knowledge of how charts work to trading profitably in the last few weeks. and i like scalping. The last 2 videos i’ve watched of your teaching is by far the best ive come across. makes sense, is exactly what i wondered, and you explained it so simply that it’s not only easy to do, but easy to remember. Great teachers make complex things seem simple. Bad teachers make simple things seem complex. Thank you. I learnt 3 new things and confirmed another 7 things i am doing and was thinking. great stuff.

  • @ervonHier
    @ervonHier Год назад +2

    Thank you! You use 15m Support and Residance and 1m Timeframe to entry. What do you mean, if i use 5m to entry, support and Residance in 30m or 1h Timeframe better?

    • @jonny6738
      @jonny6738 Год назад +4

      The bigger your timeframe when drawing S/R zones, the longer it will take for your smaller time zone to touch those zones. Use larger frames because if not, you’ll draw zones on every sign of s&r but the only important ones lie in the larger frames.

  • @rosshitchen-ij6en
    @rosshitchen-ij6en Год назад +2

    11 point stop on a 1 min chart wow

  • @n7ekg
    @n7ekg Год назад

    Retail (amateur) traders talk about how $$$ you can make. Professional traders talk about how much risk, and concentrate on setups that won't come back in your face.

  • @seo7111
    @seo7111 Год назад +1

    Great videos! Could you show the link for Daily Squeez scan?

  • @itaihoffman
    @itaihoffman Год назад +4

    Patients is key indeed

    • @Cjdklh
      @Cjdklh Год назад +2

      This is most likely my issue. I was trying to have patience, guess I need to shift to patients now.

    • @YoYo-rm6tv
      @YoYo-rm6tv Год назад +2

      @@DavidAlanReece Hahaha! Exactly

    • @roxyzeethatsme7524
      @roxyzeethatsme7524 Год назад

      😂😂😂

  • @boxman-x
    @boxman-x Год назад +2

    What platform do you use and what brokerage?

    • @nwokoeromosele568
      @nwokoeromosele568 Год назад +2

      I want to know too

    • @ScottHz
      @ScottHz Год назад +1

      It’s NinjaTrader, as mentioned in the description. Ninjatrader is also a broker, though it can be used to trade just about any broker (similar to Trading View).

  • @abdulrazaqolatunji7570
    @abdulrazaqolatunji7570 Год назад +7

    Nice info as always. Please I want to ask do you add more positions to your trades or it's just only one position from the entry to the exit? Thanks.

  • @milton112
    @milton112 Год назад +1

    I limit myself to 4 trades per day win or lose.

  • @Laszlo-Szabo
    @Laszlo-Szabo Год назад +1

    This video is pretty good.

  • @pipiriarnie
    @pipiriarnie Год назад

    wow thank you for this explanation I'm learning so much with you.

  • @kai8714
    @kai8714 Год назад +2

    Words from a legend ❤

  • @roastman9753
    @roastman9753 Год назад

    "Patience" is key.
    But good video.

  • @dilichukwualphonsus
    @dilichukwualphonsus Год назад +1

    Riley how many contracts are you trading?

    • @ScottHz
      @ScottHz Год назад +1

      Four MES contracts.

  • @WendyNdethiu
    @WendyNdethiu Год назад

    Thank God for your videos very helpful.

  • @jveraskit3
    @jveraskit3 Год назад

    how can add the winnings in real time? like you, to see how much i making?

  • @raulvargas352
    @raulvargas352 Год назад +2

    Cool, thank you for info

  • @johncolton740
    @johncolton740 Год назад

    What trading broker?

  • @MagnusBrathen
    @MagnusBrathen Год назад +2

    Hey, great video👍 What trading platform do you use?

    • @Fishinvests
      @Fishinvests Год назад +2

      I would like to know this as well

    • @ScottHz
      @ScottHz Год назад

      It’s NinjaTrader, as mentioned in the description.

  • @glenmardelacruz2203
    @glenmardelacruz2203 Год назад

    Do this strat works on other currency pairs like Gold for instance?

  • @Extremestoic23678
    @Extremestoic23678 Год назад +1

    Made $100,000 paper trading between Feb and March then lost $2,000 for real with positions that were too large, short expirations and no stop losses. Lol! Just writing this to remind myself.

  • @gagansvirdi
    @gagansvirdi Год назад +2

    Which platform you are using for trading?

    • @gagansvirdi
      @gagansvirdi Год назад

      I’m not able to see the reply on comment.

    • @ScottHz
      @ScottHz Год назад +1

      It’s NinjaTrader.

  • @sushantofficial1224
    @sushantofficial1224 Год назад +2

    master !!!!!!!!!!!!!!!!!!!!!!!!!

  • @jameskerry3826
    @jameskerry3826 Год назад +1

    Thank you. Very well explained.

  • @jamesandrasi3304
    @jamesandrasi3304 Год назад

    Hey Riley what are your thoughts on funder pro funded account ?

  • @Findway1
    @Findway1 Год назад

    trading platform name?

  • @brianerick2111
    @brianerick2111 Год назад +107

    Beginners need to be in front of the chart for hours and study the chart. There's no way to understand how the market moves if you don't study the chart. Professional traders only trade 2hrs max in a day.

    • @RileyColeman
      @RileyColeman  Год назад +25

      Yes trading just a few hours a day is crucial. You don't want to over do it. You can only make good decisions for a few hours at a time.

    • @paulakak6795
      @paulakak6795 Год назад +6

      I agree beginner need to be in front of chart for hours and hours before there discover our edge and begin to slowy trade for just one or two hours in a day

    • @chrisbruce5533
      @chrisbruce5533 Год назад +3

      @@RileyColeman Hi. Is there a book you can recommend that will help big time for understanding candlestick pattern and high probability setups , or like rules of thumb , when u see this do that high probability this or that will occur etc
      Thanks

    • @sheldor73
      @sheldor73 Год назад

      💯💯💯

    • @davidd.747
      @davidd.747 Год назад +4

      Couldn’t agree more. When you do backtesting, it’s very different than sitting in front of the screen during live time. There’re so much more I would call “personalities” of the candles: how fast/slow these candles are moving, consolidating time during lunch time…
      So spending time in front of the screen and just watch the candles. The more you do it, the more your subconscious mind will learn something out of it.

  • @changchadchanamdong2668
    @changchadchanamdong2668 Год назад +1

    So this is a scalper channel

  • @cryptodaniel2131
    @cryptodaniel2131 Год назад

    Where do you trade?

  • @jameskerry3826
    @jameskerry3826 Год назад +1

    How do you move the stop? What platform?

    • @ScottHz
      @ScottHz Год назад +2

      It’s NinjaTrader, as mentioned in the description. You can move manually (just drag the stop down the chart), or have a Trailing Stop order that moves whenever the price goes up by a set number of ticks/currency/percentage.

    • @jameskerry3826
      @jameskerry3826 Год назад

      @@ScottHz Thank you. Your videos are very helpful.

  • @wilsonhenry82
    @wilsonhenry82 Год назад +2

    Patients is key…..

  • @Junem1975
    @Junem1975 Год назад +1

    Thank you so much sir.

  • @kdub6898
    @kdub6898 Год назад

    I like your style...subbed