I agree, all traders can learn from this and take something away
That may help, like all losses start small (keep them that way)
most donât want to take a loss for fear of being wrong so they will sit and watch and wait for the market to come back just to prove they where not wrong, using stops and sticking to them is the most important tool we can use when trading, I can understand most of the traders from ET are thinking this video is funny and I hope this is not real money so I can get a kick out of it too, someone tell me he was using a SIM.
So I ask the traders from ET to take a moment to think, does he use technicalâs to trade, if so where was his support??
Where was resistance?? Where was he wrong in the trade??
And at what level is a breakdown?? He may or may not have known these # but lets say he did where they any good to him
When he got in the trade, we know the answer to that NO
He let his emotions take over so what good was anything he had
In regards to his charting software, his intelligence, his setups,
Or experience with the markets when he lets his emotions take over when he enters a trade.
I did a short vid on you tube about (Behavioral Trading)
check it out it you want
Also on my blog I post # for the indexes every day break out
and break down
As well as something I noticed about 6 months ago is the YEN/US index futures markets, that is what I think helped this market go down so much, take a look at the chart on my blog if you need more info on that setup let me know you can PM me.
Take Care,
Joe Baker
http://www.youtube.com/profile?user=TradePilotPro
http://tradepilotpro.blogspot.com/
That may help, like all losses start small (keep them that way)
most donât want to take a loss for fear of being wrong so they will sit and watch and wait for the market to come back just to prove they where not wrong, using stops and sticking to them is the most important tool we can use when trading, I can understand most of the traders from ET are thinking this video is funny and I hope this is not real money so I can get a kick out of it too, someone tell me he was using a SIM.
So I ask the traders from ET to take a moment to think, does he use technicalâs to trade, if so where was his support??
Where was resistance?? Where was he wrong in the trade??
And at what level is a breakdown?? He may or may not have known these # but lets say he did where they any good to him
When he got in the trade, we know the answer to that NO
He let his emotions take over so what good was anything he had
In regards to his charting software, his intelligence, his setups,
Or experience with the markets when he lets his emotions take over when he enters a trade.
I did a short vid on you tube about (Behavioral Trading)
check it out it you want
Also on my blog I post # for the indexes every day break out
and break down
As well as something I noticed about 6 months ago is the YEN/US index futures markets, that is what I think helped this market go down so much, take a look at the chart on my blog if you need more info on that setup let me know you can PM me.
Take Care,
Joe Baker
http://www.youtube.com/profile?user=TradePilotPro
http://tradepilotpro.blogspot.com/
