Day Trading Advice: Recovering From A Bad Day
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Uploader Comments (LightspeedTrader)
All Comments (26)
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meant "losing"..............lol
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@capsula2007 I think what he meant was, he knew when to get out of a loosing trade.
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this is like my favorite video because it's the 100% truth.
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Video and advice much better than the mets! go phils
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This guy seems like his guys trade short position more than being long. He said my traders know when to exit when there is a support. You dont sell at support, most trader intend to buy unless u r shorty.
I dont agree with reducing your size once you're building cash. Your efficiency is a constant indicator to make same % profit. Profit is proportional to your intial asset. The more you buy the more you make. This work only if you know that your efficincy is constant.
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WOW!!!!!!!!!!! Thank You very much. Your video slapped me right where I needed it. I am a thousand dollar guy and everytime I try a different move -- I have a bad day.
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Absolutely true! I am a Commodities trader and have had those days, down 15k in a day only to get in to make it back again which as you mentioned always results in more losses. Getting back to the basics is whats important. hit singles again and start fresh, do not get into a mode of revenge trading.
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please teach me how to trade mann
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please teach me how to trade mannnn.... :)
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please teach me how to trade mannnn.... :)
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His name is Marc McCord. He runs the Jericho LI office of Lightspeed Trading and is a long time trader.
LightspeedTrader 3 years ago