Reversal Trading GONE WRONG - Learn From My Mistakes Losing Trade Recap | Day Trading Strategies FX

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  • Опубликовано: 25 окт 2024

Комментарии • 46

  • @TraceyBowles-s6e
    @TraceyBowles-s6e 2 месяца назад +87

    This year's problems will certainly be more difficult. Looking back, I realized that I was so preoccupied with my portfolio that I made bad financial mistakes throughout the previous year. I had to decide between boosting my investments and buying a house. After deciding to sell my investments, I learned that the home I had purchased needed more maintenance than I had anticipated. Trying to figure out how much longer I can tolerate this is becoming more difficult

    • @JanetLarson-h8g
      @JanetLarson-h8g 2 месяца назад

      Take it easy, we've all made mistakes.

    • @ArdenCook
      @ArdenCook 2 месяца назад

      To diversify your portfolio, invest in companies with observable cash flows. I've earned money in over 500 different markets in the previous 10 months since I employed a planner to help me strengthen my portfolio at the end of 2023. If 2023 teaches us anything, it's that good fortune is temporary. Even in good times, we should put in more effort to prepare for the worst case scenario.

    • @AngelaPecoraro-v9z
      @AngelaPecoraro-v9z 2 месяца назад

      Okay how can one locate a reputable financial planner? I wouldn't mind searching the professional who served you. I'll be retiring in two years and may require some assistance managing my considerably larger assets. Don't want to take chances.

    • @ArdenCook
      @ArdenCook 2 месяца назад

      Lina Dineikiene is the licensed FA I use. Just google the name. You’d find necessary details to work with and set up an appointment. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.

    • @AngelaPecoraro-v9z
      @AngelaPecoraro-v9z 2 месяца назад

      Thanks for the lead, just searched Lina by her full name and easily spotted her profile, very professional.. already sent her an email and hoping she gets back to me soon.

  • @ann-ie4hc
    @ann-ie4hc 2 месяца назад +20

    I'm new to trading, and I've lost a good sum trying out strategies I found in online tutorials. I would sincerely appreciate any recommendations you have.

    • @Ethangray-cr5nd
      @Ethangray-cr5nd 2 месяца назад +15

      I suggest Miss Stephanie Aaron Trentham is extremely good on that. She is really good on what she does, Now I can pay so many bills because of her help.

    • @OwenMaureen
      @OwenMaureen 2 месяца назад +14

      This is correct, Stephanie strategy has normalized winning trades for me also and it's a huge milestone for me looking back to how it all started.

    • @Kelvin-rw4kb
      @Kelvin-rw4kb 2 месяца назад +14

      The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional.

    • @notbeingfooled-j6n
      @notbeingfooled-j6n 2 месяца назад +14

      I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $21k passively by just investing through an advisor, and I don't have to do much work. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.

    • @thehouseowner-q7u
      @thehouseowner-q7u 2 месяца назад +15

      Yes, I agree with you. Her platform is wonderful and her strategies are exceptional.

  • @JohnSmith-pd4mf
    @JohnSmith-pd4mf 2 месяца назад

    Thank you for sharing this. Not only a loser but showing your mistakes too. I’ve had a bit of a rough 2 weeks and made plenty of my own! The spin I’m putting on it though, is it makes me appreciate rules and discipline even more! Hope your equity curve continues to point upwards! 😃

  • @lisawalton4667
    @lisawalton4667 2 месяца назад

    So glad you focussed on reversals. I found this super helpful to review as this week has been especially frustrating with my reversal trades going in a direction I didn't expect or staying in a tight range. I mainly focus on swing trading so the past couple of weeks have been very challenging!

  • @dallasolsen4412
    @dallasolsen4412 2 месяца назад

    Thanks for your honest video, Patients in the key for me, In the last 18 months i have taken my account from $500 to nearly $5000 trading reversals on the 4hr and daily Chart. I only sell weaker currencies against stronger ones like Aud/Usd. Nzd/USD, the key is to wait and wait and wait more until they get to a level where im happy to scale in the sell, I only used smaller lots, sometimes i may be in a trade for 2 or 3 weeks but so far it has worked very well for me, It's like fishing is better to sit on the side (even thought your wanting to trade so bad) and wait for the big set up then place your trade. i hope this helps some people :)

  • @belsole9502
    @belsole9502 2 месяца назад

    Thank you so much for sharing this. So helpful to see the whole range of the reality of being a trader. Thank you for all you do and for sharing your journey.

  • @ozeryldz3398
    @ozeryldz3398 2 месяца назад

    I really appericae your effort

  • @suzettelee1704
    @suzettelee1704 2 месяца назад

    Hi there,
    I hope you're doing well. I've been trading for about a month now, and I'm still in the learning phase-there's definitely a lot to take in! Could you help me with something? I'm having trouble finding the indicator tool for the daily high-low on MT4. Could you please tell me where to locate it?
    I really appreciate all the valuable insights you share with us. Your down-to-earth approach makes everything so much easier to understand, and I enjoy following your content.
    Thank you so much for your time and assistance!

  • @JayPatel-jp1we
    @JayPatel-jp1we 2 месяца назад

    After you triggered your long, and priced swept 1.2725ish, the algo has swept buyside Liquidity. Next stop is sellside, which is any of the last 3 lows on the chart 1.269, 1.26795 or 1.267. Yes it's unpredictable! Because on a LFT this may happen sooner and you then maybe correct on the 15min, or both could head south.

  • @JayPatel-jp1we
    @JayPatel-jp1we 2 месяца назад

    Have you tried using a 9ema to gauge direction and momentum for confluence.

  • @nozzer2002
    @nozzer2002 2 месяца назад

    can you do a video on low spread vs commission brokers? whats the best?

  • @TA-fe2tk
    @TA-fe2tk 2 месяца назад

    Why you didn't draw downtrend to see clearly & enter after pull back by the way GBPUSD is close at 1.2758 it goes up to 1.2800 - 1.2810 and bearish to 1.2760 & it goes to 1.3080 and we don't forget Eurusd and GBPUSD and gold usually same move and we don't forget the gold is bullish!!

  • @danielbrink9475
    @danielbrink9475 2 месяца назад

    happens allot , i have got the Saftey line rule, if a full body closes outside of my my saftey line i am out .

  • @mohsendoraghi8164
    @mohsendoraghi8164 2 месяца назад

    if you could load a Ema of 200 and 100 it would be much easier to see trend shifts , where you went long , price is still under 200 and 200 slope is down

  • @zamiadams4343
    @zamiadams4343 2 месяца назад

    Just hedge postions. Forget fibs, indicators etc.

  • @cwwiss1
    @cwwiss1 2 месяца назад

    I'm confused how £59 which as you say is 3% of your account equates to a £20,000 account !? It's more like a £2000 account . Are you only trading with 10% of your available funds ?

    • @thefxtrader86
      @thefxtrader86 2 месяца назад

      Calculate based on your max dd amount..which is just 10%
      Even if the account size is 20k but you only loss 10% ..so you have to consider your capital just 10%..She is very right

  • @crystalseth97
    @crystalseth97 2 месяца назад

    I never try to buy the dip.

    • @GtTrader67
      @GtTrader67 2 месяца назад

      I never try to buy a break out either.

    • @crystalseth97
      @crystalseth97 2 месяца назад

      @@GtTrader67 that's good

  • @goodman1127
    @goodman1127 2 месяца назад

    There is no 100% working strategy. Don't give up

  • @ferasbaki6903
    @ferasbaki6903 2 месяца назад +1

    Hello 😊are you lisbian woman?

  • @benwrong6855
    @benwrong6855 2 месяца назад +1

    day trading is gambling

    • @micksim56
      @micksim56 2 месяца назад

      And? Your point?

    • @benwrong6855
      @benwrong6855 2 месяца назад

      @@micksim56 do you not understand what I meant?