Most Day traders make THIS mistake (Larry Williams)

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The Amsterdam Institute of Trading (AIT) is a global learning institute for aspiring financial professionals, located in the centre of Amsterdam, The Netherlands, and has one mission: to give its students the knowledge and strategies they need to thrive in the financial markets, through investing or day trading, consistent returns and ultimately achieve financial freedom.

[cinematichighlights-jo]

Sometimes the market behaves like it's waiting for your choice of entry then it moves against you.😂

[shaymashiach]

The market will forgive you for a sloppy entry when you are with the trend and will punish you hard when you are against it.

[krisudhir]

Well intended general advise .
If only markets were that simple ! Even in trending markets, there are periods of consolidation and opposite trending action. Day trader cannot afford the luxury of holding a position until end of day . No general advise can replace the nuances and finesse you develop over time with actual experience. What we call a market is not even one market . There are multiple international markets that trade the same commodity, which have their own start and end times, which influence the price action
every day.

[brod]

If you wait for a good entry and catch the trend, it will be more profitable.
He’s right! instead of selling every time you see a loss or pullback.

[TeyThawe]

This worked 30 years ago. Now if you’re a good scalper you don’t need to hold to the close that’s stupid and doesn’t work. Always close on a reverse signal on a lower timeframe expecting a trend change

[anonymousvideo]

Yes we should follow trend. Some people they always take trade against the trend. Trend is friend 😊

[AdrianZ]

But you forget that a trend isn’t noticeable until it’s already too far gone. At that point you’re just chasing. I just buy and sell at support and resistance. Stop losses exist for a reason. After taking some profits I always leave a runner incase a trend develops.

[taWay]

Never try to catch a reversal. You'll get crushed

[Red_Dead_Entertainment]

I have friend, he was portfolio manager at the mid cap hedge fund … He always say professional traders dont trade intraday. Same goes for bigger retail capital traders… I see that more offten, they all tend to transition to daily TF executions (or 4h as minimum) when they got large capital.
Another thing he said is they base their trades of of fundementals and use technicals only to use their pattern for entry and exit level.
But majority was in the stock Market so maybe thats why…

[WildWestPros]

Always limit-buy your contracts 10-15% cheaper and 95% of the times it will get filled which is extremely more efficient if you spread out your budget a few times!

[HappyBloke]

No, I would rather constantly make money, if it goes above so be it, better than going below. Get out while your up, as long as your up you're not losing, grow the amount you put in, that way you will have larger wins with minimal risk. Yes check the trend if it's an up trend, then buy the resistance, wait till it goes up a few pips and sell. Rinse and repeat

[justplay]

And then, when you just catch the trend, it'll reverse it! 💀🤷‍♂️😂

[iliketotrade]

One of the best to ever do it, Larry Williams 👏

[dayswingforex]

This here is the missing piece. Thanks for this

[Kendaman]

Different strategies for day trading. I don't care if it's going up, down, or sideways. I scalp like a Indian. Different options strategies allow me to capture the smallest of moves. Imagine if they still shot under hand free throws in the NBA today. You have to evolve and adapt to the ever changing market and the dynamics that make it move. Learn your 3 best strategies and hone that ISH. NEVER GIVE

[findingpath]

How does this trading stuff work? I'm really interested but I just don't know how it go about it. I heard people really make it huge trading

[dont.ripfuller]

They're not "losing money" if they're selling at a profit. Buy low, sell high, rinse repeat. Day trading is stupid though. Have a primary source of capital and steadily invest in good companies without ever intending to sell for 10+ years is the best bet for most people.

[ZigOVee]

He’s describing “trend following” or momentum trading as an investing strategy. It’s actually a great strategy and has worked greatly.

[Rob.]

It was my stop loss that pushed me out. It’s always my stop loss😢. I will figure this out and I will be where you are. I hope there’s some room at the top, if not someone is going to have to get the way.

[ChyeHeng]

This was a revelation I figured back then.

That the market always end up close way higher than what I could have sold for.

However, there’s this problem. I live in a different time zone. Midnight will be the close time.

This makes the commitment difficult to wait till closure.

And often, trend somehow reverse at the end of the day.

However, you reminded me my very first trading, I either hold them to close, or even next day or two to sell my target price.

I will reconsider this.