Imagine, not giving a flying F about anything and just taking trades where you think the market is likely to react. Well you don't have to imagine because that is quite literally exactly what I do using this scalp system I've created. Truth be told I've created this scalp system many years ago but I only recently (within the last few months or so) perfected this...
I do believe gold is going to continue to buy. As much as I know traders are interested in selling at the high, I don't think it is that probable to take that trade and the more you think of every trade in terms of probability, it saves you from taking some really shit trades, honestly. Would you take a bet that you are either A. unsure you can win or B. know...
Humble yourself and come to realize that: 1. Nothing is on YOUR time 2. You don't know everything 3. You cannot win every single trade Most traders struggle in 1 or all of these areas and thus it stops them from actually progressing forward. Pride cometh before the fall.....
Doesn't matter what you think at the end of the day, gold is still very much a bullish market and it will likely stay like that for sometime. Yes It will probably come down a bit, but based on how the momentum is increasing I actually see, gold speeding up in terms of buys, but who knows right? Have a good weekend guys, see you on monday
I don't know anyone who would complain about making 700 usd in one day and I am not about to either, I'm quite happy with that as It is more than I asked for so I will be stopping here. That being said, Gold continues to create new higher highs and break new boundaries. I also would not be surprised if gold attempted to breach 2500 either I did cover all of...
Yes gold is bullish, yes I sold gold, yes I took 2 losses, Yes I am still in profit at the end of the day. The more I grow as a trader the more I realize that it is much more about what decisions you make as opposed to just what trades you take. Yes the trades you take are important but ultimately you have to make a decision to take that trade in the first...
Feels good to be right....As I would have mentioned in the video all of this is documented and on the record, Have a great day guys
Using CPI I was able to capitalize on USD's move from gold, I was able to take another 3 trades which added up to another 100 usd or so. Nothing else to really talk about here, I will let the video do the rest of talking. Have a good one today folks :)
The best thing about being a full time trader is being able to do what I want when I want and as much as I am in pain as I type this, Just knowing that I don't have to answer to anyone reduces that pain 10 fold for me, honest. I don't have to request any leave, I don't have to report to anyone. I can just go. Yeah sure making money is great but what good is it...
I hope that this video finds you well, I really want you to sit and listen to what it is I have to say in this video, I could be absolutely wrong as I have been before but that doesn't mean that what I am saying doesn't make sense (at least to me) lol. Anyway I wish you a safe CPI News event.
Winning Trades can be made easier when you learn to look at the market from a completely different perspective. We have to understand at some point that random strategies found on youtube and instagram aren't enough, there must be something else that we are missing. Well this is it. I think most traders don't take in consideration. Have a good rest of your day.
As I would have mentioned within the last video I posted I was actually expecting a pullback - well it turned out to be a full on retracement and that forced me to stop trading because the momentum literally went against what I was expecting. This is to show how we can use probability, timing and momentum to make informed decisions on what trades we should and...
Doesn't matter who you are we all have the same 24 hours in a day, what you do with it is what dictates how successful you are. We have to be very concerned with how we make use of the time at our disposal. That is all.
I had a shit last 2 days so I am actually taking today off, I have some work to do on one of my cars so I am going to do that today. This is also very important, taking a break when you aren't feeling that up to it. But in this video we discuss probability and how probable any given scenario could be in your favor. If you aren't taking this into consideration...
Made what I needed to make for the day already and more. Trying to continue to trade is literally adding insult to injury at this point - I am chilling. Also I am competing in the Tradingview Contest but I will be honest I don't see myself winning that lol. Those traders are crazy good or at least really good at making quick money. My style is much more of a...
Manipulation, Probability & Understanding. That is it, Watch the video for me to explain these concepts deeper.
As much as I want to tell you that there is some magic set up that works for me, Unfortunately I cannot because there isn't. The more I look at my own trading over the many years that I've been doing this. It literally boils down to probabilities. What is the probability that X will happen if Y happened. This is literally how I process everything and as you...
In and out is the name of the game as a scalper. The better you understand this the more effective your scalping will be. Some people say that scalping pays the market - this has some truth to it but I want to explain why. It is because of traders who don't correctly know what a scalp is supposed to be. A scalp is meant for you to just take something off the...