5 Most Important Trading Lessons I Learned After 20 Years of Trading

When you first get into trading, you quickly understand that there’s a whole world of information that you need to absorb. And there are some great forex trading lessons out there to help you on your journey of navigating the market. But what are the best forex tips that can give you a good head start?

In this video, we will cover some of the most fundamental trading lessons that experience has to offer. And one of the first things you will learn today is that there is no such thing as the best forex trading strategy. No approach is better than the others, and we will explain why that it is. And we will also explain why learning to work with charts should be very high on your list of priorities when it comes to stock market lessons.

Watch the full video to find out what the five most important stock trading lessons are. And if you have some forex trading tips of your own, don’t hesitate to share them with us in the comments!


#Trading
#Forex
#TradingTips

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[andyhall]

Another great, clear and straight forward video. Thank you for your content.

[trendingsoftware]

Tips from a master - your tips are a must for all traders. Nice, considering you work for a trading platform market ...shows your integrity!
Thanks Dave.
Maybe more vids on trading techniques.
My tips ( very similar to yours ).:
Avoid over leverage - everyone wants to make £1000 from £100.
Avoid automated stops ( trading companies love to spike them out ..may e have a manual stop ).
Avoid trying to catch a turn in a market ( many seem to want to sell a rising market and buy a falling market ).
Hold onto a winning trade ( How many people sell a winning trade only to see it rise another 100%. Apple is a good example ).
Don't panic if a winning trade falls back ...( the market makers love to "shake the tree" ).
Don't day trade ( almost certain to lose ).
Don't buy systems off the internet.
Don't use scalping strategies ( profits are lost by spread ).
Do buy and hold..with a long term view. I tend to buy with a 2 year view.
Don't use indicators AT ALL. I use trends and support and resistance.

[braaahhhh]

Thanks David once again for starting this new kind of trading tips. Would love this series continues in the future. As a beginner it really helps. Keep up the good work my man !!!

[philolen]

Hey David - excellent Vid -- 5min chrt I like the Tick chart & 1min for scalpin -- here is what I do -- Example I bought TQQQ when it sold down at 35.00 1K shrs then I scalp it 2-5 times a day 500shrs for cash flow But I have been holding the 1K shrs the whole time same with UPRO & UDOW so you get the best of all the worlds long & short term === Can`t leave without the crude # s -- upside 41.63 is the break a close over then 41.83 - 42.77 - 43.71 then the 200sma at 44.51 -- Key support - 39.40 8sma - 38.78 21sma - 37.50 then the big target if it gets hammered 34.36 --TNX`s david great out of the Box reminder of risk

[thebookreviewer]

Peter and David were two of my greatest mentors. I turn out to be an intermediate level trader. Thank you so much David. Keep up the great work

[smacpost]

After 5 years and a lot of losses, I am finally consistently profitable.
Starting analysis with a higher time-frame is essential. So is price action/structure.
Risk management is my weak area. I need to wait for better entries so my losses are less, and i really need to learn to let my winners run.
Thanks for another great video, awesome work.

[Nick]

Im watching your Videos since quiet a while now and i really like it. With the last point, I did that wrong for long Time, I couldn't see my Chart anymore 🤣 Now I stick to the RSI only. It tells me not to enter a Trade but rather when I should stay away from a Trade. Thanks again 🍀

[zzhughesd]

David. Would love a video on trailing stops. I’ve never placed one. Slightly confused how they work. Thanks

[sulijan]

Like you voice and also speed and synchrinism of your talking unlike many presenters are perfect. Thanks for advice.

[gwentchamp]

Some traders are focused only on day trading and are out by the end of the day.

[AS-ucin]

Thanks for sharing Appreciated God Bless You

[AmirPlusH]

Thank you very much! Third time watching this, absorbing more every time.

[inmorann]

Hi David! I love your content and I have been following your channel since a while and learned lots from you, so thanks so very much! Would it be possible for you to make some content around the currency market, especially about the weekly analysis. Thanks

[rockabillyrevolution]

I like point 5. Just look at the macro time frame and price action and life is a lot less stressful! :-)

[Swipe]

Excellent video. Thanks for sharing these David

[michelakras]

Thanks for sharing your experience. Actually, I have realised that most of my trading and discipline does not follow any of the above rules, and for this I find myself most of the time in the red. Will take your advice and work on it!!.

[harveybentley]

Hey David, I'd like to thank you for your great advice.
I'm a first year economics undergraduate and have started trading over the past few months. I've managed to triple my initial capital over the past few months. Thank you.

[abdelhalimmohamed]

Hi, great tutorial..Can you make a separate series on Price Action

[ishanvarma]

Again very good informative video. Thanks for making it.

[tp-AUS]

Always informative. When will the Capital.com platform be available in AUS?