Trading Plans are an essential part of success…Without one you will likely fail! YUP…they are 'that' important. Unfortunately many traders don't use a trading plan…and are effectively trading blind. This is a recipe for disaster. Today's video will dig deep into why Trading Plans are important and the considerations you need to make to develop […]
Since I had so many people watch Part 1 and ask me for more videos like that one, here's Episode 2 of "Day in the Life of a Day Trader." But THIS TIME, I was hungover 😳 Jared showed up early and woke me out of a deep sleep… and I'm glad he did! The […]
Knowing your master is important to successful trading. The market is your master. Unless or until you understand that the market is NEVER wrong, it's ALWAYS right, you will never succeed. We have to fully recognize what we are dealing with. If you cheat on your trading plan, and try to cheat on the market, […]
Too many traders, especially newer ones are in such a RUSH to push the button that they often take bad trades in bad environments. This leads to unnecessary losses, that set traders back weeks, and sometimes months. They spend more time recovering from these losses than they do actually making money. Today's video discusses how […]
Everyone thinks they have loads of commonsense, but in reality, very few people do. How do we know this? ACTIONS. Just watch what people do and you can see that people do all kinds of silly things that have no basis in logic or reason. Traders do this more than most. Today we're gonna talk […]
Here is a glimpse into a typical day of my life as a trader! My routine as a Trader comprises of waking up at 9:00am EST, setting my coffee to brew at 9:05am EST and then heading to my desk to open my Trading platform to set up my charts. I then log into the […]
I see many traders spending 30-60-90 minutes developing a watch list in the mornings, then 2 minutes into the trading day, they throw it out like it's trash! It's NOT. Not every stock on your watchlist is going to perform perfectly right off the open. Sometimes they take longer to materialize. So, don't be foolish […]
EH and MO were both nice 1' 3BP's that went over 2-3R each. It's not a matter of 3BP's happening…It's matter of YOU scanning to find them. They absolutely happen EVERYDAY. Don't make excuses, just scan until you find one! . . . https://www.LiveTraders.Com . . . Jared@LiveTraders.Com . . . #Trading #JOB #Stocks
🤑👇🏻 EXPAND DESCRIPTION for more LINKS 👇🏻🤑 Truth time! Do you know what common but consequential trading mistakes you’re prone to making? If not, Matthew Monaco and Kyle Williams will give you five … You need enough self-awareness to identify what you’re doing, learn from it, and level up. Watch this and learn! LINKS Mentioned: […]