How You Can Simplify Your Trading - And Increase Profits!

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In this video we discuss the importance of keeping it simple! Take all the indicators off your charts and focus on what is the actual market, price. We'll give you multiple strategies you can implement starting today that will help you simplify your trading!

The first pointer we discuss is going to be having a clear understanding of what your trading plan is, with no exceptions.
If you stick to a defined trade and focus on just one trade at a time, other influences will be less likely to creep in.

When we say focus on one trade, the goal is to not only ever just trade one setup but rather master one setup at a time. Once profitable on a single setup then we look to add another single setup to our repertoire.

It so important when first starting to trade that trader focuses on learning their craft and not MONEY! Master the trade setup first and the money will follow. Let's discuss ways we can look to simplify our trading.

⏳ Outline:
0:00 Intro
0:43 What does a simple strategy consist of?
3:36 Look for stocks with a catalyst
5:46 How can a news catalyst give you a directional bias?
7:10 How to not get caught in a failed breakout
9:27 Trade what you know
11:28 Summary

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I would like to say thanks to Brenden, Shawn, Neal, and Valeria. I really enjoy the content you provide.

blazin
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i am so happy to be backl with the tradertv live family. i hd to take a break to study and learn everything myself. so i can better capitalize off the information you guys provide in your videos. its been my best year so far. and keeping fingers crossed, . my first year trading so far i have gains of $12K so far, when i just started with onlyy $843.00, i kno i got luucky in the first few trades, but after that i felt that i had something special. i knew i needed to really understand the market before i lose all my gains. and i am glad i did. esp after the short attack few weeks ago. or profit taking like some ppl like to say. but now we are startin to see green again.. hmmm, . they scared the hell out of the newbie traders to go back to work after quarantine. but i am still here and taking it one day at a time. the only thing i wish right now. is having other ppl to talk with. besides ppl online. thanks guys !!!!

wmct
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I can hardly wait for tomorrow. To try out this technique. This is exciting. Everyday I am adding a new tool to fill into my trading toolbox. Thank you so much Fantastic 4.

Just_Lurkin
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Binging on y’all channel ! Glad to get confirmation to what I do is what experiences people do. My P/L improved a lot when I focused on the EV sector. A few head fakes but nothing a stop loss can’t fix .. thanks a lot guys.

ThatLegendRicoKing
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Absolutely... I decided to decrease the size of my stock list and I've cleaned my charts (I don't even use vwap anymore!)... And I seems to work much better!

Thanks for the great video once again!

Cheers

PauloSousa-wfmg
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Can you guys make a video on Back testing guys. You basically talk about back testing on every show for every strategy before trading it. Thanks always for the great videos.

musajatta
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Neal missed that volume at 10:40am on SDC. That type of volume off a new low should have told him the stock was reversing. Definitely not the time for a short play.

pepinho
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Man this channel been spiting fire 🔥 lately amazing content!!!

richyr