Search This Blog

Showing posts with label day trading for beginners. Show all posts
Showing posts with label day trading for beginners. Show all posts

Sunday, 23 August 2020

Winners Vs Losers Analysis

The following is an image of a trader's winners vs Losers analysis on an hourly basis.

The traders has a track record of 50% win rate at 10 am which is London Open

but 70% Losers during the 1600 hrs which is US Session.

The BIG QUESTION IS

What time should this trader be trading?



This trader trades the DAX30 / German 30 Stock Index at the London Open and Later he trades US30 / DJIA / Dow30 during the US Session. 

Now Let's Compare to that, the following. 

This is an image of a trader's performance by the hour. She trades the DAX30 only. Mostly during the first hour of the London Session.

Look at the Stats on the screenshot and then Question ...

Does this trader even need to trade past the first hour of the London Session?



Have you ever done an analysis of your performance like this?


Wednesday, 15 July 2020

WATCH ME TRADE LIVE with Expert Commentary Candle by Candle | Ep # 23

WATCH ME TRADE LIVE: London Report Ep #23

Would you like to see how I trade the DAX30 at the New York Open?

Yesterday, I took a trade on the DAX30 and recorded it candle by candle with commentary.

Traders often request live trade examples and I believe it is a great exercise. Live Trading is a lot of fun.

So in this video I'm going to share with you how I got into the DAX 30 on the M1 and S10 Chart.

You will learn how I SEE the Market and How I REACT to its changes candle by candle

WATCH NOW: https://youtu.be/QBh7SY_M1u4




Hope you enjoy it and if you do please do HIT THE LIKE BUTTON and LEAVE A COMMENT

Friday, 26 June 2020

How to Manage Risk in 2020




Risk management is the most important factor in trading. 

Have you heard of traders "blowing their accounts"? 

Have you ever blown an account?

If yes, in this video you will learn methods and techniques to stop that from happening ever again.   

I will show you my LIVE TRADES from today and analysis of trades from yesterday and share my Risk Management Plan. 

How To Manage RISK When Day Trading In 2020 Table of Contents Chapters 0:00 This video is about Risk Management 0:25 Introduction to this Forex Tutorial - The concept of Daily Stop Loss for Day Trading 2:13 Part 1: Analysis of DAX30 on the 25 June 2020 4:44 An Impulsive Wave 4 5:03 Reversal Trade into New Wave 3 (Stop and Reverse Method) 6:44 A New Wave 1-2 a Trade Long (65 Points Profit) 8:15 A setup 1 short 9:03 Part 2 - Analysis of today's Trades (26 June 2020) 9:51 The Most Important Concept [How to manage risk - 3 Strikes and Out] 12:50 Live Trades with Commentary at the London Open Trade 1 and 2 15:20 Review of the first 2 Trades 16:53 Live Trades with commentary Trade 3 18:56 Review of Trade 3 and Lessons Learnt from it 20:45 Secret Risk Management Rule # 1 22:02 Secret Risk Management Rule # 2 22:42 Secret Risk Management Rule # 3 [Day Traders Beware] 23:55 This is why pro traders never blow their accounts - ever
WATCH NOW: https://youtu.be/Hw9083dWvhk


Hope you enjoy it. And if you like the video hit the like button. Also, make sure you subscribe to the channel. 

Kind Regards 

Immy

When is it too late or too early to buy a pullback? 

In order to answer this question first ….  Let’s quickly do some repetition. Let’s quickly do some repetition.  Let’s throw in some trading ...