Added: 4 years ago
From: sgomez858
Views: 2,370
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  • see my "vids" online now before youtube takes them off again 4

  • so cool!!! msg me! 0

  • This is probably the first time see ANYONE show us that they actually lost money and hit their stop limit. Very brave. Thank you for sharing with us.

  • I'm glad your showing your losses unlike others. I too had losses on that day and was beating myself over it over the weekend. I thought it was my watch list but after analysing it realised I did everything right.

  • Yes, my experience exactly. Nothing was working that day, so write it off as a day that will always be like that and limit your size and losses. Wait for the day that you can pounce with conviction, take advantage of a real market move to get ahead and pay for the crappy days.

  • LAST FRIDAY ,MRK was crazy,I didn't trade it,but one guy in my company lost 1,500 only 300 shares,less than 1min..

  • Good video again. When is your web site going to up and working?

  • Soon. Everything takes longer than you think. It will start simple and grow from there. Don't expect too much at first ;-)

  • dang guys, I am glad someone else struggled cause I got dominated. 2nd day of real trading and lost all my profits from the day before. Great vids Steve! love your work.

  • Thanks for posting this. Handling down days and risk management are a massive part of the trading game. Well done on sticking to your downside cutoff.

    To be perfectly honest (I know it might sting) but seeing the losing trades is also very educational. Maybe you could show 1 or 2 of them? They're probably perfect setups but just edges that failed but watching the trade management would be awesome.

    Thanks again. Great vids. Good luck.

  • I agree on watching the losing trades. I will try to hit record and show some more of those. I understand they can be beneficial.

  • One of the only honest guys i've seen here on you tube. Harvey Walsh never loses, he only wins, every day...or...at least...every day he posts a video.

  • I'm very happy that you showed us this. Not because you lost money, but because your honest and your a real human. I've been watching you a lot lately and it makes me feel more comfortable knowing that your real. Meaning you lose some and you win some just like everybody else. Also, I've been trying to get in touch with lightspeed and its kind of tough to get a response out of them.

  • P.S. Good luck on your new site.

  • Man me to -- I tried to go long all day after the original fade in the morning . I got chopped all day for 400 plus commissions. Double Witch

    Tony G

  • You are not alone good sir... I usually get on the treadmill, listen to some good music, go walk the dog. Limiting losses and using discipline I think might be the holy grail...

    You will succeed!

    Appreciate the honesty! Jack

  • Given the pattern of recent weeks where certain times of the day have a higher probability of a rally, and given the massive turnaround this week it is understandable that you would look for longs at certain points. I too was going long here and there only to be stopped out almost every time, just when I capitulate the market turns around and rallies (from around 3 to 330 pm) - would have gotten square but ended up losing. Fridays always seem to be tough.

  • It's funny (or sad) my day was the same. Got close to $500 down but worked back to about $300 thanks to MRK and SGP on their way back up late PM. Thanks as always for the videos. You're the man!

  • Steve,

    Your one cool dude!

    Thanks for the honesty.

    -stockweazel

  • nice vid..nice honesty on ur part...

  • hey,how about some cool bass ,you are the best....put some funky lines on the tube

  • Really appreciate the video!

  • the best traders in the world have losing days.

    Guys who tell you they make money every day with no heat are full of crap

  • Thanks for the post Steve. I always appreciate them. Hope you got it all out on the bag.

  • Thanks for being honest, keep on trucking. Please continue to post your videos :)

  • thanks for being honest, hard to find nowadays...

  • sorry dude, your still awesome in my book. beat the shit outa that bag.

  • Thank you Steve! You're videos are very helpfull!

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