The 10-Minute Talk That EVERY Trader Needs to Hear

👉 Follow IU on Social



More helpful links for aspiring day traders:

Learn How to Become a Better Day Trader
In no way is day trading stocks easy. That said, as a beginner trader, you can learn from the mistakes of others and save a lot of money. At Investors Underground, we teach traders to refine their trading strategies and maximize their potential to make money in the stock market. While this is not a science, we rely on certain principles to add more structure to the seemingly chaotic markets.

Technical Analysis and Chart Reading
We utilize pattern recognition strategies to create high probability trading opportunities. By analyzing stock charts and market data, we can take the emotion out of day trading and increase our odds of making money in the markets. These concepts are discussed in-depth in our educational trading courses.

[kunal_KB]

1. Bet on winning set ups.
2. Don't play on Boredom Trades.
3.Never add to losing trade (it's going against you for a reason)
4.Take profits on winning trades.
(Partial atleast)
5.Always trade with free and clear mind.
6.Dont revenge trade (when you feel obligated to make money)
7. Cut losses

[zolbayar]

Basically, every trader who watched this kind of video knows these things. It's not about hearing or reading them. It's about letting them be ingrained into your mindset by repetition.

[edward_adame]

Yes this mans a trader. He won’t stop moving

[ewanliu]

His walking path is like a stock that is trading in ranges, you think its easy to predict but it's not. I tried to put bets on where he'd stop and reverse. I failed big time.

[corporateraider]

Trust me traders, if one loss is enough to blow up weeks or months of your wins then your risk management is shittier than Bixby

[ank]

Study your loss much more than technical analysis. Then, Apply mathematical rule to money management for tackling loss. Key to success.

[juicebys]

Awesome advice....I've learned this information the hard way losing a 5k account. Taken me 6 months later to start again using my own set ups and not watching guru's and chat rooms. Past 4 months I'm averaging 58.6% win rate. Learning curve has improved and continues...

[cortchase]

Ya know, I've been trading for 5 months and have read books, watched countless videos, enrolled in training and they all teach the exact same thing. Everything he said is 100% correct. It seems so easy when you hear it. Follow rules. Never deviate, etc... Why can't I just follow the rules!? I am getting better. I am learning to judge my trading day not on profits but on how closely I followed my rules, no matter the outcome.

[buyfromsavage_inhabitantx]

i've started listening to this daily to remind me to stop trading like an idiot lol, my trades have been more successful since i saw this video thanks a lot

[veliem]

If I can offer my 2 cents, Never trade when you high or have a hangover NEVER.. Awesome video

[iPlayiOS]

Love how quick he was to say “You’re wrongly shortly after 8:37

No reason to overthink a losing trade. Sometimes unpredictable things happen, but heavy majority of the time - it’s because you were wrong.

Really liked this speaker’s pacing too. Lot of good info & reminders in a short 10 minutes!

[johnnydub]

Literally the best trading information summarized in 10 minutes.

[backcountryexplorer]

Thanks. Sounded like he was talking about me. Rules are a must.

[seancullen]

This is one of the most succinct and useful trading videos I've seen yet.
To sumarize:
1. Only trade your max confident set-ups and be prepared to wait days/weeks for them (ie cut out the boredom trades). Because you're trading less, you can increase the size.
2. Cut losses fast
3. Scale out of your profitable trades in increments (I like to do this using chart levels and % gains)
4. Never revenge trade or trade if you are emotionally off kilter that day or seriously lacking sleep

[sheepleslayer]

Keep in mind, he is talking about big movers and big accounts. Start small and practice w paper accounts.

[armaanchawdhary]

You pretty summed up everything about trading in 10 mins. Good to remind oneself of how to keep emotions out, stick to rules and stay profitable.

[devops]

Great video but easier said than done. My first big loss was just over 10K, I said, that will never happen again. I had a 17K loss, I said that will never happen again. I had a over 20K loss, I said, that will never happen again. I had a over 50K loss, then I said, never again. The +50K loss was over 5 years ago, that was the one that made me stick to rules, I hope.

[christsangaris]

Ive watch so many trading psychology videos and this guy has such clear words of wisdom in the shortest time

[MCR]

Solid advice. Without rules we're just tossed with the waves of the charts, like a ship without an anchor or any sails.

[freemind]

Down 100k? Wait what? 😓😳 shit I’m cutting my losses at 100 😅 then again way smaller cap. Love the emphasis on stop loss 🙏 thank God I’m constantly watching videos like these 💪🏼 strict discipline. NO BAGHOLDING.