Day Trading Tips I Wish I Knew As A Beginner (With ZERO Experience)
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- Опубликовано: 8 мар 2024
- Day Trading Tips I Wish I Knew As A Beginner (With ZERO Experience)
You're about to discover best day trading for beginners, in a way that's totally relatable.
If you're eager to trade as a beginner, you'll find this video packed with all the must-know basics. I'll break down the essentials of day trading for beginners in a way that makes sense. No jargon, no fluff, just the straight-up skills you need to start your trading journey.
I'll guide you through the first steps on how to trade as a beginner. You'll discover the inner workings of the markets, the tools that can help you make informed decisions, and the trading lessons that I've learned the hard way so that you don't have to.
I'll walk through some of my most important day trading lessons learned about establishing rules that work. I'm also sharing how I wish I learned to get into trading when I was first starting out, with zero experience.
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RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only, and is not tax, legal, financial or professional advice. Any action you take on the information in this video is strictly at your own risk. We recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. TheSecretMindset.com and all individuals affiliated with this channel assume no responsibilities for your trading and investment results.
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THE BEST RUclipsR EVER !! Dont make ads , only the real ones that really want to become traders will find you . Your channel is literally like a rare diamond!
I appreciate that!👍
This channel by far is the best for traders. Because of this channel I went from losing to winning. He teaches patience and understanding the market.
Appreciate it! 👍
You have the best videos about forex trading there is no better teacher than you in RUclips
Appreciate it! 👍
Always looking for your videos!
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Stop losses are the great nemesis of traders. In the UK, the LSE dumps everything when the market opens to flush out all the stops - this happens without fail every day. Brokers love it when you use tight stops because they know you are going to be erased and will have to re-enter at more cost. All markets are rigged one way or another. It takes a long time to get to grips with this unassailable fact. Thanks for all your work.
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You're the best. Always looking for your next video.
Thanks again!👍
Philosophically On Point !!!!👌
Thanks a lot! A small request, would like to see a Gann explanation from you.
Noted!👍I will have to dumb it down a lot, it's a very complex topic.
this is raw grounded holy truth for beginners....
Mentor 🙏
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🔥🔥🔥🔥🔥💯. Man I love this channel. I am done watching now. Thank you ❤
Awesome! Thank you!
The ending point is very important and to take a break from trading is a way to reset mental views. Thank you for such a good and honest video!
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I agree wholeheartedly with the last commenter! This video has some great education. Ie: In the last 8 days I traded in/out of FSM 4 times. Every time I saw a pull back coming I jumped ship. First gold hitting historic high while silver was not volatility was high with this equity for days. Coupled with stellar production it was a winner. Conclusion: if I had just stayed the run I would of captured more profits rather jumping in/out. I made a little over 4K but could of had way more. Looking at this equity it likely will go to 3.7-4.0. So here we are, i'm out with much emotion. Satisfied with the profit but likely should of stayed in the last time with a good stop. If it continues it pure chasing and that's dangerous. Volatility gets the dopamine flowing!
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There is so much wisdom in this presentation. I have gone through every experience you have described and still go through them now. I keep a journal and write down my thoughts at the end of every day, it is quite useful to reflect on past emotions and experiences. Thank you so much for sharing your wisdom and experience. If you trade crypto, you don't have to worry about changes in volatility, it's ALWAYS volatile hehe.
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Very very useful tips💯🔥🔥
Thanks for the extra good efort u are putting here ❤️ M
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I love this channel
👍 Thanks a ton!
So True, is so motivated to hear , you have mentioned all of my mistake i made ...
Look back to my past trade, mostly the first 2 trades were winner , the next were loosing,means the longer on screen the less clear mind and the emotions took over..so i need to just to walk away ...and relax ..
About taking profit early,it is difficult to find balance,sometimes was correct , mostly were wrong because price move further .
I think a good strategy and many of confluence will help it.
Love this content ❤
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Implicit is the only way. Markets behave in a mathematical way often with no correlation to news or data. Learn the behavior of each market you want to trade. Then you know how it usually behaves, and you can act on it. Your ATR idea is actually exactly how I trade… no fixed target price or stop losses. I take what’s offered and abandon if market shows change in direction is coming… good video as usual.
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With all of my respect, your channel is so good. I consider you as my teacher now. And I think there is 1 thing that would make the videos better is that your low voice is a little hard to listen to for a foreigner like me. It would be nice if you can twist it a little bit for clearer sound. Thank you for everything you have done here
Much appreciated!👍
Just the Video I needed after I got killed with liquidity run this past Friday ❤
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Checklists ☑️💯 yes
And always give ourselves plenty of time to make good decisions , dont rush it.
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Everything you mentioned is the way i am experiencing.
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Moving SL to break even too early is my biggest struggle, thanks for telling me this...
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True. Taking a break always works magic, after a consistent week... The next week I take the last days of and play video games or something.
Trading to be honest sometimes drains but you find yourself enjoying it, sweet pain😂😂.
So true, I became a better trader when I began to trust my instincts and quit following the crowd...
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Can we have your checklist? And how it applies to crypto?
Watch Time and Sales to lower your anxiety about fakeouts and a reversal against your sentiment. Watching large institutional order flow is also key.
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🎉🎉🎉🎉🎉🎉🎉🎉🎉❤with big love, BIG up always the secret
I say the hard part in trading is finding the balance of when to late a trade continue running to your projected point B and when it has completely reversed at a minor key level.
I struggle with this a lot. Most of the time I always quit early leaving a lot of pips on the table and when I say I won't quit early, my profits are eroded very very very much and it then becomes a loosing trade.
I just have to find this balance 😢
Let's see
I LOVE YOUR CONTENT. However, the dark tone of your music and visuals puts me in a dark mood, which is anathema to the emotions I want around trading. The Batman style is awesome, but I think skewing your production style back more in the upbeat direction would help a lot. Your whispery voice and technical-looking pointer graphics are enough without the constant impending-doom music and jittery old fashioned camera filters. I feel like I’m watching something Chris Nolan directed, but I don’t want that hardcore energy around my trading.
Anyway, thanks a ton for your insights over the years. Super helpful.
Thanks for the feedback 👍👍
I need to learn how to use this ATR😅🤔
I seem to perform better when the market is down. That's when I find runners.
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My inner demon is always make me miss out😢. I make analysis only to find that most of them always go well... But the execution.
I seem to just sit there and watch it go and win, it has been very hard to really get myself into the aggressive execution that is needed because if everything checks out then why not ?
I don't really understand why I just let them go. And it's also easy to feel like you are playing a video game instead of trading, the numbers no longer move you, the figures are just figures and not money... I do feel like that and I just let some profits slide
Avoid correlating pairs okay🤔.
I trade 2 commodities.. oil and gold.
And one currency pair, EURUSD.
I want to settle on one stock too and I'll be ready... But stocks, are very hard for me to trade
Marius, te rog fă un video cu Indices scalping 1-5 minutes candles. Mersi 🙏🏼
👍Am notat
@@TheSecretMindset Multumesc 🤗
Can I get your check list please
I Love you ❤🎉❤
❤
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Winning is easy. There is ONLY ONE THING you need to learn to truly win at trading…you must learn how to get good at LOSING.
Anyone trading deriv?
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Picking the wrong side every single time 🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣😂😂😂🤣.
That's hilarious shit. I used to feel like this... Until I found this channel 😢
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My leverage is 1.450😅😅😅 okay I need to change that 😅
Rande Howell you guys... Rande Howell🙏👀 Thank me later
Good week end
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My Kryptonite is I always want more😅😅, I never know when to quit.
Every loss that I make, I have always been in profit comfortably, before losing it all chasing more.
👍I know the feeling, this week I had to close a trade on Netflix at almost breakeven, after I was deep in profit.
@@TheSecretMindset Man, it's painful you just say only if😢😂😭, I hope you help us find a comfortable balance.
In the meantime I maybe have to experiment and settle on a profit taking strategy.
But this is the hardest part for me