ilmscore | I Secretly Use These Hacks To Win More at Trading

I Secretly Use These Hacks To Win More at Trading

Published: 2024-08-20
Status: Analyzed

Predictions from this Video

Total: 4
Correct: 4
Incorrect: 0
Pending: 0
Prediction
Topic
Status
A+ trading setups are predicted to occur infrequently (once a week/every other week/twice a month), while B/B+ setups are predicted to occur daily.
"those A+ setups are not going to come every single day they're going to come maybe once a week or once every other week right or sometimes twice a month but those B setups those B+ setups are going to come pretty much on a daily basis right"
Trading Setups
Correct
Traders who don't withdraw profits are predicted to eventually go on tilt, engage in revenge trading, and wipe out previous profits after a losing streak.
"if you don't pay yourself what's going to happen you're going to get used to winning and you might have a losing day or you might have a couple losers and that day you might just snap you know you might just go on tilt start Revenge trading like crazy trying to get your money back and all of those profits that you made two months ago you might wipe them out"
Trader Psychology & Profit Retention
Correct
New traders are predicted to make mistakes in the beginning if they risk a lot of money.
"do not come here and try to risk a lot of money because you will make mistakes in the beginning"
New Traders & Mistakes
Correct
Failing to adhere to a daily loss limit is predicted to lead to significantly larger cumulative losses (e.g., $5,000 instead of $300) through continued, ill-advised trading beyond the set limit.
"if you don't do this guys if you don't play defense okay let's guess what's going to happen you're going to say okay you know what one extra trade is is not going to hurt me right and you're down $400 and then you're gonna say ah you know what one more trade is not going to hurt me now you're down $500 and then you're going to say that again and now you're down 1,000 now you're down $2,000 now you're down $5,000 and you should only be down $300"
Risk Management & Daily Loss Limits
Correct