My new channel to binge, I need all the lessons. This video specifically pointed me in the right direction. I wasn’t trading right at all. You called out pretty much all of my problems. Thanks for the video man. Y’all stay blessed!
1. Have a plan; An entry, stop loss & take profit already prepared before entering a trade 2. Use the correct position size and risk management (10:33) 3. Have the patience to abide by rule 1 and 2
I really needed this video 🙈 I'm on a bit of a loosing streak. I have the right idee but my entries are terrible 🙈. Keep up the great work and thanks for all the tips 🙏🏻
Point 5 percent of 100 dollars is 50cents. So the trade would be 300 not 3000? You said on a 3k position our stop would be 5$, on a 100$ account that's a 5% loss not 0.5%. Also the win is only .75% of 300, $2.25 not $30. Pretty big difference. With this strategy and a $100 account your win is only $2.25 not $30. But in theory the strategy is correct. Just need a bigger bankroll
I built a spreadsheet that automatically calculates position sizes based on my risk, account size, entries and stops. Makes life a million times better. Can also spit out profit targets and other miscellaneous things that are useful.
Thanks for clearing up the position sizing bro! I feel stupid but I’m still trying to wrap my head around that math 😂 You seem like a genuinely good guy on YT. I hope you get your money and crypto back from the thief, either way you have the right mindset to bounce back and your staying positive in hard times! I hope god blesses you man
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My new channel to binge, I need all the lessons. This video specifically pointed me in the right direction. I wasn’t trading right at all. You called out pretty much all of my problems. Thanks for the video man. Y’all stay blessed!
Man you are warrior. Please dont think about the loss you had. Take care. you arestrong u will make it back
Make that $700 back bro!! U can do it, god got your back 🙏
1. Have a plan; An entry, stop loss & take profit already prepared before entering a trade
2. Use the correct position size and risk management (10:33)
3. Have the patience to abide by rule 1 and 2
I really needed this video 🙈 I'm on a bit of a loosing streak. I have the right idee but my entries are terrible 🙈. Keep up the great work and thanks for all the tips 🙏🏻
Thanks for all the continued dedication brother!
Point 5 percent of 100 dollars is 50cents. So the trade would be 300 not 3000? You said on a 3k position our stop would be 5$, on a 100$ account that's a 5% loss not 0.5%. Also the win is only .75% of 300, $2.25 not $30. Pretty big difference. With this strategy and a $100 account your win is only $2.25 not $30.
But in theory the strategy is correct. Just need a bigger bankroll
Dang I meant to say 1000. I always do that
I built a spreadsheet that automatically calculates position sizes based on my risk, account size, entries and stops. Makes life a million times better. Can also spit out profit targets and other miscellaneous things that are useful.
Can u share it ?
Would you be willing to share your spreadsheet? I am looking to get into trading and more specifically scalping and that would be a lifesaver.
Yeah I don't mind, I'm just not sure how I would do that here lol
question bro, how are you getting into trades? trigger order? market...this is the part i didnt like about bingx, any tips?
Great content for beginers, for FREE! Great work Jason!
Hi Jason, I noticed that you have many educational videos on your youtube channel. May I ask to what extend does it differ from your paid courses?
No different, it’s all free on here but out of order and mixed with a million dad jokes
Thanks for clearing up the position sizing bro! I feel stupid but I’m still trying to wrap my head around that math 😂 You seem like a genuinely good guy on YT. I hope you get your money and crypto back from the thief, either way you have the right mindset to bounce back and your staying positive in hard times! I hope god blesses you man
I did the math for a 1000 account 😂
Awesome alpha God bless you brother
scalping is way more fun than swing trading
Thanks for the video.
thanks shlonga
gold!!!
This is exactly what I'm not getting. I will watch this hundreds times untill I get it. That J
Good stuff
busting outvideos today!!!! 🔥
i wish i saw you video last week after with mistakes i lost 10000 dollars
0.5% from $100 is $5¿¿?! I think you mean $1000
Read the pinned comment, I misspoke
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