Biggest lesson i learnt in 2023 in trading is that nobody knows what is going to happen next, so practice some humility and follow a strategy with a long term edge.
Man I couldn’t imagine trading back in the day when the chart refreshes every 10 seconds.
Becoming a good trader takes time and patience. When i first got into trading i was liquidated twice, and lost my entire mortgage deposit. I could have given up, but decided to learn how to trade and put it into practice. 4 years later and i am glad i made that decision.
You should only have four types of transactions with the market 1) large win 2) small win 3) break even 4) small loss Proper risk management will remove the possibility of a large loss
I tried day trading and it wasn't for me. My heart felt like it was going to explode and I lost too much sleep over thinking about my positions. For people that take losses and keep trading like the traders in the video, kudos for your dedication, but remember to take care of your health too.
If the first dude woulda just held for a year he’d be killing it rn
I want to start investing but don't know where to begin. Any helpful tips or contacts for guidance?
That TSLA trade at the beginning was incredibly stupid. Buys at a high point after market open, right into resistance, leaves the trade open while going to check whatever the hell else. Lets 4 or 5 candles goes by, and then comes back to find he's lost his ass. Shortly after saying "this should be my stop," immediately proceeds to let the stock fall right through that stop point and double the loss. Really well done.
#1 Rule: Don’t hope, cut your losses quickly
These are an exercise in denial. It's hilarious to listen to people trying to rationalize their bagholding. "The market always dips on Thursday. I'm wearing a green shirt so that should help. The current lunar cycle suggests I should hold."
You work for 42yrs to have $2m in your retirement, Meanwhile some people are putting just $20k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
“Why am i down five grand” best famous last lines 😂😂😂
We work for years to earn $1million on our retirement, while some people put thousands of dollars in some meme coins and they become millionaires.
“Well it’s got some support here at the 16 area and bounce back up” Stock: 😈
If you want to trade, you need to learn how to seperate your emotions completely. Trade only by facts, statistics and logic, and you will always come out on top. If you are influenced by your emotions, you are destined to lose
These videos make me feel better about my own losses in the past. Analyzing all possible rejection points and having a max risk:reward ratio is key.
Victory gives you happiness. Loss gives you lessons.
Best advice I've gotten: only trade what you can 100% afford to lose. Act like you're already losing the money when you invest, it'll help you avoid massivedevestating loss
Great video, trading come with a lot of benefits And I have just bought my second house through it. As a beginner I was scared of loosing my savings but I’m glad I took the bold step that is now favoring me
@bernardoseabra4008