I Lost A Lot Of Money Day Trading, Until I Understood Smart Money Manipulation
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- Опубликовано: 1 апр 2022
- Discover the reality of financial markets, why the typical retail patterns will fail, and how “the smart money” seduce traders to hit the buy or sell button. In this video you’ll learn:
• How to improve your trading performance by adopting a smart money mindset
• Key rules to improve your trading if you’re constantly losing money by following the smart money
• How to to think like a professional trader (and how to ditch the retail trader mentality)
• How to make money day trading and swing trading (on different trading platforms: Tradestation, Thinkorswim, Webull, Metatrader 4 etc)
• The truth about smart money manipulation
• How to avoid most common trading mistakes retail traders make (plus key suggestions for you if you are struggling with trading)
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Patience beats everything, trading is 99% waiting and 1% execution.
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its 100% Execution
Amen
and 99% losses
im a bit skeptical of warren buffets advice but i like the bit about stocks moving money to the patient from the impatient
I traded professionally for nine years. I was a technical trader. Todays markets are so manipulated you can throw out all the econ books. Buy on bad news, sell on good.
What a disappointment of a comment, means nothing 😂😂😂
😊
@vidpic8311
@@vidpic8311
Why is it a disappointment of a comment? He's making a very valid point. All the technical analysis, chart patterns, candle patters, indicators etc mean nothing when a market's manipulated. What he's saying, essentially, is trade the news. It's like jumping on a wave with your surfboard - hold on. Trading the other times and you're asking for trouble as THEY'LL SEE YOUR ORDERS and either short or long the market, doing exactly the opposite of you to get your liquidity. I've not been trading for long but I can clearly see what goes on.
At the end of the day patience is everything. I have been trading for years and each time I rush into a trade after fundamental releases I get trapped. Give the superbanks time to make their move then you follow , of course you need to have your levels marked out! This is such a good video for anyone at any level of trading. Thanks for putting this together.
That’s one thing I’ve been trying to master. I only trade crypto but it applies to both. I feel so much more confident in my trading now that I’ve been working on it.
@@lionsonthepath it pays off Josh, your trading will soar if you push in that direction, talking from experience 😊, I wish you good luck!
@@legimatitanji3613 what do you mean by waiting?..
A couple of months or?
@@timothywanjiku23 what I mean is patience
@@legimatitanji3613 yea...
And what's the best indicator for volume analysis ...the one I use misinform Me...
Or my markets at times feel manipulated
This is the best analogy of trading i have seen in a while.
Please I have been trading for a while and I don't seem to be able to cut it.
Please how can start getting money from my trades.
All you need is to get a professional at trading to help you succeed.
Like every other field trading requires knowhow. That's what works for me. You need to do some thinking man.
I have heard a lot about these traders.
I'm 50 years and I retired at 46. I was able to do this because I understood Four Principles of Financial Planning Success Think long-term with goals and investing. Spend less than you earn. Maintain liquidity (an emergency savings).Minimize the use of debt.
How were you able to deal with volatility of the market
@@reginastanfield7061 Any recommendation?
you are not capable
@@cryptokoolaid why would you say this?
"Dont buy highly depreciable assets with credit"
This clip should be mandatory for all new investors and traders. Sharing with everyone I know. Brilliant summary of a very complex (and important) topic.
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If your intentions are educate traders is not a good idea.
Imagine you are the most popular influencer in trading world and you have a TON of followers. If you just show this video to them and you educate most of the traders, the Smart Money guys will find out how to counter the new "mass mentality" thanks to the info of this vid.
You would be replacing the mentality of the retail traders but nothing more, Smart Money will be always ahead of this business at least while they have access to privilege information, even if retail traders knows all of this manipulation.
So technically no, sadly, by showing this video to all new investors and traders, you would't do so much at long term.
@@TheBigAliox Exactly. It's like the 'Red Queen' hypothesis in evolutionary biology.
Yeah after 100+ trading videos this one got to the dna or something to that extent, finally
its more fluff entertainment than reality but many folks will believe it
Volume Spread Analysis is like a last piece of puzzle in the market game, one who understand it holds the edge, and TSM rightly described in this video that knowing psychology of Fear & Greed will make you take right position.
Thanks TSM for another good video.
Keep it coming! Good stuff. Appreciate you taking the time to share this bro.
More to come!👍
Outstanding video...., Really well produced. Thanks a ton for the post.
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I have to admit that this is the best RUclips video I've ever seen on trading knowledge. Thanks friend!
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Good stuff. This is a very helpful video to avoid mistakes in future. Thanks for sharing. I'm sure, it will help a lot of people outside the box.
Glad it was helpful!👍
GREAT vid and associated playlists on the subject matter, ty 🙏🏻
Wow. This was like the missing link in my education in trading so far. Thank you for this!
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Brother, you are sharing your experience with people, it is priceless... and your voice is not a voice, it is a magic, you understand every single thing very well, I have seen all your videos, I am commenting for the first time what you learned... Yes it has changed my life and I am sure that whoever learns carefully from your videos will definitely change his life, you are a genius, no doubt about it.❤️☺️
Much appreciated!👍
i consider his teaching and ideas more imformative and giving warning to everytrader not to victimize by evil viles especially to those begginers and amateur of trading.for myself alone im experienced market manipulation which particularly smart money maneuvreing.let us support this channel and information spread to all traders.GODBLESS.
Your channel is one of the finest channels on RUclips. Hats off to you for simplifying these complex topics so seamlessly.
Appreciate it! 👍
Great info, thanks for sharing your knowledge
This was the best market video yet man 💪🏾
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VERMONTCORPLTD is young. Holding almost anything mentioned here is a good hold because the VHS or Beta will only show in time. I want to hold them early. Its sad that most dont think of these things as good future holds instead of being out of the market and bottom hunting. Are we the adopters or are we scavengers? surely one of these layer ones will become the standard and i dont want to sell any of them too early.
Thank you🙏
The secret Mindset🌹
Finally this video is uploaded again
You're welcome 😊
This video was a very good explanation. Thanks. Keep it up.
Hey great story, please keep us informed of your journey. Just a thought, I noticed the book that got you started was written by Jared Martinez. Jared is known as The FX Chief, he owns a company, Master Traders Institute ( Vermontcorpltd )in Florida. I am sure he would appreciate your story.
Candlestick bible!
BOT
Thank you very much for your clear and simplied explanation of liquidity hunting of smart money manipulation. Your illustration is very easy to understand from humanity aspects of gread and fear. Good job ! Many thanks.
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Excellent video as always.... Thank you
Thanks a lot. U answered a lot of thoughts i have assumed for quite some time.
Tip for beginers: Don't use negative view when you learn. Smart money, market maker etc etc... anything people said out there with negative bias. Its just happened naturaly, no one targeting the others. They just do what they need to do to survive. Open your mind release that negative thinking about market. Trade with peace of mind, it will give you boost advantages in executing your trades while saving your energy.
Well said
You know how to make money in the market.
Absolut true. To the point
Very well said. If you feel you are being manipulated by evil corporations and banks, then it compounds the feelings of loss and defeat when you lose a trade. This is why people say treat it as a business, meaning leave the emotions (which is difficult) out of it.
Not necessarily my friend, you need to be extremely cautious in your trade. So if you are cautious, careful and fearfull, you dont want to trade at all. no, you still need to trade. The more you trade the more you lose money. But if you dont trade at all how can you make money.
Thank you boss for this amazing informative video
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Love your content.
Yet another awesome video. Brother your vids have been immense GOLD. This was one was top 10 for sure
👍 Much appreciated
This is EXACTLY what I was seeing years ago in crypto, and had that realization about all stocks. Even though I knew the manipulation was happening, I was still susceptible to it because it generated too much fear inside me, and I lost heavily. I've also been paying more attention to the volume even before I ran across your videos. It's great to see this analysis explained so well in this kind of video!
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Nice to see someone understanding and able to clearly explain it. I have been using Volume Profile Analytics with Liquidity tracking. Tracking where the liquidity is located and where the liquidation levels are at has been a game changer. It's amazing to see it from that perspective. I generally prefer range charts to cut down the noise. I never liked the idea of time anyways. So tick/range charts are so much better especially for this kind of trading. That is my opinion anyways. Awesome presentation, I love your work.
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Hi, what video or book will you recommend a new trader to study or watch to learn about volume profile analytics. Also, do you know if thinkorswim has a range chart setting? thanks
Wow, a light bulb went off when watching this. Thank you so much for sharing and keep up the good work. Jan.
Thx a Ton for the Post. Subscribed
People need to understand this because you have to know that things are against you in a sense. You need to make sure you know what you’re doing before using your money
i found your channel a few days ago and man... this is pure gold... im really thankful with your videos. keep up the good work master! 😉
👍 Much appreciated!
Omfg! VERMONTCORPLTD turned out to be a bloody smart move. I love love love this. I’m the wrong side of 40 so I’m taking this all on board IMMEDIATELY- thank you! Even if I run out of time my kids will benefit from this incredible education. Thankyou thankyou thankyou!!
Thank you for sharing your expertise. Cheers!
Man, you're vids are great quality these days.
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The example with the fomo inducing moves is absolutely 100% true facts. I relate so much with this video. Thanks a lot, friend!🙏🙏
Glad you enjoyed it!👍
People may see this as irresponsible, but I never set a stop loss for this reason, unless im already in profit. People put a stop to only lose a certain amount, but I only trade with what I'm willing to lose in a given position.
So say if I were to put a stop loss where I would lose 100 bucks, instead of doing that, ill just trade with the 100. The reason I do this is because I scalp on higher leverages, so I'd be stopped out half the time if I set them. I'll do the math and pick a leverage that makes sense for the trade I want to do an how much I'm putting in the position.
Edit: great video my dude!
I never set a stop loss. My stop losses are all controlled by software, so the institutions can't see them.
@Lessko Brandon it just made sense to do it that way, esp at 20-30x lol
@Neal Theall how do you close a trade if it goes against you without the stop loss?
@@Jazzy1247 money management skills bro
Finally someone who speaks the truth! Cheers mate.
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I was 3xperieicng this today on the market and as if out of somewhere..this video appears.
Many thanks for sharing its a great help with recognising what im seeing..
This is the video and info I was looking for...a confirmation, well done sir
Awesome, thank you!👍
As a trend line trader I've learnt alot in this video I'll keep on repeating it till everything makes sense
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I'm Trading for the past 8 years . Second video I watched. Thank you for the information. You spot on.
You're very welcome👍
This is one of your best videos ever
I can't say thank you enough Master.
The whole your videos helped me so much. Love It ❤
Happy to help!👍
some people are so poor all they have is money
Am definitely stealing this, you are genius.💯
You are absolutely right👍,
You've really helped my trading. Thank you dude!
👍 Much appreciated
Very nice explanation. Keep it up bro!
Thanks
👍 Much appreciated
The price of BTC declined over 15% and even trade below 16k. Binance opted out to bailFTX, resultin in an increase in selling pressure… The market is bleeding and many altcoins such as eth, bnb, ripple are down over 15%. If BTC fails to start recovery, it could continue to move down. In addition, Godwin Myers has stated his bullish stand on the crypto market. I have made over 22.5 btc from his teachings and his accurate daily trade signal to my trade with just as little as 3.7 btc.
Scam
lol i was expecting more scam bots comments under this with their clown-to-clown conversations.... 🤣
Thank you for sharing the importance of VSA and the manipulation of smart money. Very helpful
This titling is unlike your other videos :)
Great condensed info !
Glad you think so!👍
Know how long i been tryna tell ppl this information..thanks for getting it out because volume time price is the key to it all
I’ve been studying support and resistance and I happen to stumble on this video. I fear I’ve been doing it all wrong and I’d want nothing more than getting acquainted to smart money concept
FX trading is the art of :
1: Probability
2: Risk Management
3: Discipline
4: Self Mastering
Good luck 🌹🌈🌎💸
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Really enjoy your vids regarding smart money
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Amazing content man!! Thank you!!
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I rarely comment but this was the one that tied it all together for me. Great work guys♠️
Awesome! Thank you!
You should do a new video about VERMONTCORPLTD ! I really like you’re mellow delivery and you seem like you’re very knowledgeable. I watch lots of influencers and you always seem very calculated and know exactly what you’re talking about and understand it. You’re better at explaining complicated things simply, than any other person on youtube keep it up brother!
Thank you for sharing. You have so much valuable information. I am learning so much and will continue to watch many of your videos.
👍 Much appreciated
VERY INFORMATIVE!!!!! YOU ARE 100% RIGHT IN EVERY WORD
Very good video. Personally whenever I talk to any successful trader be it day trader or positional or swing, I've always seen them use volume, cumulative delta or any other indicator that gives the underlying situation of the market.
im happy my main trategy is momentum trad which is based on scanning the top 1 or 2 stocks on day with low float and high volume because the higher the volume of a stock the faster it moves they is a criteria to finding strong stocks with momentum
Sheez, another Great, Video, thanks man.
I just saw this video yesterday. My first 2 days trades netted over $500. Then I lost most of it during the day because it's hard to work and trade at the same time. But then I did a $1000 trade shorting ES futures this evening, and just closed it a few minutes ago so I can get some sleep. Awesome video. It helped me stay strong in some trades, knowing the smart money is trying to get my position. Love this video, and can't wait to see the rest in the series. Keep up the good work!
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Just started my trading career and among all videos I have watched on RUclips yours is the best for me
Detailing things at every go.
Can't wait for the next one.
Thank you 😊
Best of luck!👍
@@TheSecretMindset Thanks 😁
The most honest information that I have ever come across in the forex space. The trading patterns we learn are all set up to make us loose, because it is expected that if a certain chart pattern occurs traders would buy or sell and thereby placing their stop losses below or above depending on where the direction of the market is going to. Thank you for this info
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Love this bright insight - great thank you!
👍 Much appreciated!
Yeah, just read the books from Anna Coulling, Volume Price Analysis, all of that is explained in detail with a lot of examples.
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I thought that stop loss orders were invisible to the market, this is really eye opening.
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You don't need to see stop loss orders to know where most of the stops are. Anyone with any understanding of TA can easily guess where they're.
Awesome stuff Marius..... You nailed it 👍👍👍👍
Thanks a lot!👍
Thx a Ton for the Post. Newly Subscribed
Awesome, thank you!👍
I moved away from day trading and graduated to swing trading 2 years ago. I Sell cash secured puts when RSI is under 25; MACD is about to converge; price is outside bottom line of Keltner channel. (this way I have better odds of catching a reversal) I purposely try to get assigned shares; then take advantage of price appreciation and then sell covered calls at a higher price every week; until my shares are sold. Rinse and repeat with another stock.
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That's an amazing concept..
what is your ratio % of wins/ losses. I love it when IQ people post items to consider. Thank-you for this.
In backtesting various indicators, I found the entry points were false 70% of the time, and the other 30%, while being positive trades, only about half of those ran to any degree. This is why money management is so important. Trade small, Trade like a robot, and Always trade in even amounts so you can take half of any profit early (at least you'll lose only half your money); also (and this is important) if you can't trade stocks, what makes you think you can trade options? Forex and Futures ALWAYS have a stop-loss (not having a stop-loss in these two markets is like watching a child run around with a loaded gun); Forex is excellent from a tax standpoint.
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Keep it up man
You just gained a subscription....this is so important💯💯
👍 Welcome aboard
Bruh! I've been watching your videos from the beginning of your channel. Your extensive research that goes into each video and your amazing video editing work truly highlight your mastery of this arena! I feel like your videos should be featured on Discovery Channel or something! Great work as always! 😁✅
👍 Much appreciated
excellent lecture. ultimately, we have to thank ICT for all this 📈
Thank you for making these vids bro
Glad you like them!👍
I wish you could talk more about smart money and when this smart money comes in and shows the volume of its fluctuations.
Anyway, thank you for your time for us
The reason price takes you out and then moves in your direction is because price had to grab some more liquidity to push it where it's supposed to go. Spotting and tracking liquidity is an extremely difficult skill to learn. It was for me anyway. It took me 5 years and I still have tons of room for improvement.There is no manipulation(if there is it doesn't happen daily). It's all residual liquidity from orders that have yet to be absorbed by the market.
If smart money traders are so good then how come they only make profits about 50% of the time? What makes them good is risk management, so with that 50/50 win ratio they easily come out on top.
Don't trade expecting price to move somewhere. Wait for a price run into a strong liquidity base and trade the retracement. This is good for intraday and swing trading, it just depends on market structure and time frame.
Smart money doesn't need your measly stop to make money.
And don't chase price! Sometimes it's ok depending on market structure but if you trade in the direction of a volatile extension you're probably going to lose, because more often than not price retraces back to at least 50% of the extension, sometimes 100%, and sometimes much further because in that case the extension was just grabbing liquidity to move in the opposite direction. Like in the video.
Edit- Maybe smart money does want to use your stops in the stock market because it's not as big a market as FX. FX is trillions of dollars while the stock market is billions. Anyone reading this please correct me if you think I'm wrong. I'd like to hear what you have to say. I'm still learning but I do know that price moves on liquidity and lack of it. But I still don't believe in stop hunting.
You're very correct
@@hutup9092 thank you! This took me a long time to figure out so it was really hard to formulate into a short post. There is so much to residual liquidity that you could write a book on it.
I just edited my original post. I reworded some things. I'm not sure if it changes what you think or not.
@Casz can you recommend good learning resources please on liquidity?
@@IanMacKenzie_IIsWe i don't think there's any
Hey where can I contact you privately? I have a few questions
I stopped using a STOP loss maybe 2 yrs ago and only look for 10-12pips a day. . . .SAFE TO SAY THAT IT HAS MADE ME MORE CONSISTENTLY PROFITABLE. I noticed by just studying the markets that our stop losses are ALWAYS targeted and they're almost always hit 💡
Doesn’t mean you shouldn’t use one. You just have to know where to have your entry and where to have your stop loss. I don’t know if you have heard of ICT but he will teach you a lot if you’re willing to put the time and effort it takes.
@@itslike123 why because I suggested another authority in this subject? Are you a hater of some sort?
That doesn't matter, banker already know where is area of psychology price.
used to do the same thing, had one bad day and it cost me bad!!!!!!!!!!!! the moral FOR ME, use a stop. But do whatever works for you my friend thats great
You never have big loss ! Stop Loss it's extremely important , but you have to know where you place it
I subscribed, thanks for the info
Welcome aboard! 👍
This is one of the best videos I have watched today, thanks for the share :)
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There is no feeling more depressing than getting stopped out of a trade only to see the market taken off in your direction IMMEDIATELY after your stop gets triggered.
#preach
Just re enter again with half qty
Not every trade is meant for you. I got into trading because of a family friend who taught us his method. He used that method day and night, sacrificing sleep so that he could stare at the screen all day. His stimulation was coffee 5 times per day and smoking weed out of bongs every 5 minutes. At the age of 39 his first child was born. At the age of 40 he dropped dead of a heart attack. Since his passing, I have been developing my own strategy and am amazed to find it works 95% of the time. I can work, I can trade and I can sleep. Knowing when to make your move is key. I can make between $170-$350 in just a few hours and then call it quits, enjoy my night and go to sleep, wake up in the morning, trade a bit more, then shower and go to work. Don't get greedy. Not every trade is meant for you. People all over the world need to make their money too.
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Lol
Ty brother. Good info
Brilliant. Thank you 👍.
Binary options are always a huge risk. You can win, but can at the same moment become bankrupt. I think before you invest in such options, you need to study in detail the mass of materials and to consider the risks to become a professional in this subject.
Binary trade techniques covered a lot of information, delivered in concise chunks that were easy to absorb. The structure was clear, logical and effective
who do you trade with or who trades your accounts?
@@joeplummer5069 tom bradley
+ 1
6 1 8
Wicked! Great content!
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bro just big respect love you
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The volume is often our main indicator a big move is going to happen. However most brokers are using a variable spread setup so until you place your order you don't know what the spread amount will be. But your video explains very well why a spread is sometimes small and sometimes large.
*It's a very good idea if people get to setup some stuffs aside for themselves that could be bringing them money apart from there businesses*
To me his extremely good, been working with him for a year and four months. And I have been getting my profits seems legit to me️
I keep hearing about this same Dave Javens, how good is he?
LIKED before watching!
Me too 😄
I appreciate your videos!
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Successful people don't become that way overnight. Most people you see as glance wealth, a great career, purpose is the result of hard work and hustle over time. I pray anyone who reads this will be successful in life
Crypto is one of the most profitable trade that can earn huge profit today and still make you broke tomorrow
You know people after investing on bitcoin because of lack of knowledge those we not sell the bitcoin and get the money into their bank account some of them we store the bitcoin in their wallet instead of selling coin or convert it to USD
You're very much right about what you said because as a trade you're not supposed to store your coin your wallet after trading, all you do is to sell the coin at then get your money in your bank account when ever you're placing a trade then you purchase coin
Well, for 7year now i have trading forex and i know what forex trading have done for me and my family
That's why you look for RSI divergence with hopefully a double bottom. I use RSI 6 not 14 and 80 Overbought and 20 oversold. Works well to go long as long as the market isn't heavily trading down. I tend not to short but it can work in reverse for short traders too.
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All you need is you’re eyes
What are your preferred time frames for overbought/oversold I know to look at all of them and get an idea of how a particular ticker responds to them..I tend to like 30 min and higher
XD RSI? dude.... go back to your 9 to 5 job... seriously.
RSI is nonsense
Amazing lesson.big thumbs up
Literally best content Bro
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