Pure Price Action Day Trading +$1200 In One Trade

Platform Used: NinjaTrader

Overview 0:00
Trade #1 0:50
Trade #2 6:14

DISCLAIMER: This video is for entertainment purposes only. Trade based on what you know and understand not what someone else says.

#DayTrading #SwingTrading #Daytradinglive

[stormtraders]

Thanks so much riley i trade for 5 years but i love your clarity. Its a breath of fresh air! Would you mind sometimes showing the larger 15 min timeframes during the live trades so you can really get the whole picture? All the best!

[bestdjintown]

I believe the reasons you got stopped out where you did and then the trend turning back down in your favor is the pure evidence of MM’s stop-hunting. You put your stop loss at a very logical place, but so did the other 5K traders who all got stopped out of their position. MM’s can see stop limit orders and know exactly the right spot to hit! I use mental stops if i can watch my trade or always a little higher / lower than then where i think everyone else would place it. I love your videos and your dicipline. Thank you so much!

[jamesandrasi]

Man you get the perfect trades I’ve never seen such a nice move my god wow you have a lot of patience I would of keep dragging my stop loss to the bottom of the first set of red candles

[takecare]

I think I'll sign up for your training, next week, Riley. I seem to understand your strategy and process better than others. I can actually see the trade upside and downsife.

[AlexieBly]

These are really great videos! I’m new to trading and I actually look forward to your videos

[pennymorgan]

welcome Back. I also switched to Ninja. I look forward to watching you again.

[baileypeters]

I have been making losses trying to make profit trading. I thought trading demo account is just like trading the real market... can anyone help me out or at least advise me on what to do?

[takecare]

That was very helpful, what broker do you trade with Riley?

[LuisCARB]

Hello . New subscriber and im liking what i see. However i cant find to see what you are traiding.

I trade gold/us and the patters are not similiar.

Can you please share what you trade ?

[viveksridhar]

This looks like back testing - your time stamps in the graph are all over the place....this is not live trading. You have prior knowledge of the movement of the price and you're able to set these stops. I mean, it's good for theory but you have to show real time trades to be legitimate.

[rajusmagic]

When and how set the Support and Resistance ?

[Numberonechesspest]

Good stuff.. for me personally i take profits as soon as they present, keeping a tight stop after a big move, and then if theres a pullback ill look for another potential entry. Good stuff though, good content.

[Berghiker]

For me $1000-$2000 a trade is very common in a trending day which happens 50% of the time in a month according to statistical data. (I'm talking about stocks here, not currencies).

[rouano]

Not sure what your commissions are, but at what point would you switch from the micros to the minis? Since you're already trading 10 micros here. And roughly is there a dollar amount in your account that you would feel comfortable with trading single minis instead of the micros? $10k? Thanks

[edwardpreston]

These past few days of ECONOMIC INSTABILITY, INFLATION and RECESSION watching my portfolio decline is very disheartening. Holding doesn't really profit much. Any idea on how to earn better on the short run??

[KarelTheKaiser]

One quesaton here: at trade 1 why not leave when price goes to 3950 and then rejoin a new trade at the retest? You know it will retest as soon as you see the 2 hammers, so basically if you did that you'd be gettin more money.

[Sub-Zero]

brother, how much do you earn in scalping per day??

[jakevillaret]

Why not just scale out? If you’re not going to scale, you’d save a bunch on commissions by just trading 1 mini instead of 10 micros

[mosesnero]

hmmmm, what's your trading capital?

[ltumnews]

I am confused because the thumbnail says 1200 profit but in the video he says ge made 600.

Also i wish he would guve the price at entry, the amount of money he is playing with, and the number of contracts bought.

Some of us are bew to this and trying to learn.