ilmscore | How To AVOID The Biggest Mistake ALL TRADERS Make - And - Start WINNING Trades With 3 Simple Tricks

Predictions from this Video

Total: 9
Correct: 0
Incorrect: 0
Pending: 9
Unrated: 0
Prediction
Topic
Status
The biggest mistake traders make is trading too soon, before they are ready.
"the biggest mistake that you are making right now is that you are trading too soon"
Trading Strategy
Pending
Traders are not ready to trade with live money if they lack a validated strategy, a risk management plan aligned with their tolerance, and discipline.
"your biggest mistake very well could be the fact that you are trading well before you are ready and let me explain what that looks like if you personally do not have a handle on a strategy or system that gives you a proven edge over the market and you personally do not have a written risk management plan that is cooperative with your risk tolerance that makes you comfortable not uncomfortable if you lose a trade are you going to be super [__] upset if so you're risking too much money and if you do not have discipline to this system that gives you an edge over the market and to this risk management plan that makes you comfortable during trades then you are nowhere near ready to trade and your biggest mistake that you're making right now is trying to trade with live money before you're ready"
Trading Readiness
Pending
Advice for struggling traders: stop trading, refine their system, risk management, and discipline to avoid trading too soon.
"my best advice to you if you have watched this video and thought to yourself wow that sounds like me the best advice I can give you is to stop bleeding your account stop trading right now go back to the drawing board and figure out these three key elements to your trading find a system that works find a risk management plan that cooperates with your risk tolerance and find a way to be disciplined to that risk management plan so that you can avoid the biggest mistake that you are more than likely making right now which is trading too soon"
Trading Advice
Pending
The five-week rejection strategy was used to place a trade.
"we have a five-week rejection strategy here we had we actually placed this trade"
Five-Week Rejection Strategy
Pending
A trade was placed based on the five-week rejection strategy.
"in this case we had five week rejection strategy here we had we actually placed this trade"
Five-Week Rejection Strategy
Pending
The five-week rejection strategy involves looking for rejections from a previously established support/resistance area after the market breaks and closes above it, with five candle rejections indicating a potential entry.
"here was our zone right we broke above and closed above this area since we've broken closed above it what's the most recent remember recency area the market broken closed above right here right so since we pulled back into that area it's now an area I'm looking at for possible support that used to be resistance and it's an area I was looking for a five-week rejection from so in this case we ended up with one two three four and this big cannon would be five weeks that have rejected this area"
Five-Week Rejection Strategy
Pending
A live trade was initiated on the Pound/Aussie after a pullback, and it is currently down $16.
"I went ahead and place my trade on a little pullback there and now we're currently in a live trade up or actually down 16 bucks here on the pound Ozzy"
Trade Management
Pending
The EAP training program offers the speaker's trading system, risk management, discipline strategies, weekly trading setups, and mentorship.
"if you want to know the exact system and strategies that I use the exact risk management plan and the exact way I stay disciplined if you want the answers to all of those questions and also want to receive three to five of my best trading setups each and every week along with a full mentorship program where you can contact me at any point that you have questions and I will get back to you as soon as possible then we would love for you to join us in the EAP training program join the VIP family"
EAP Training Program
Pending
A $600 discount, called the 'Stop Regretting Trades' scholarship, is being offered for lifetime membership in the EAP training program.
"right now I'm offering a six hundred dollar discount it's a scholarship I'm gonna pay six hundred dollars towards your lifetime membership in the EAP training program the reason I'm doing this is because I'm tired of seeing traders regret their trades this scholarship itself is actually called stop regretting trades this is the stop regretting trade scholarship"
EAP Training Program Discount
Pending