4 Trading Rules That Changed My Life

Рет қаралды 293,552

Жыл бұрын

Day Trading with me: bit.ly/3nWMv9l
Sign Up For FREE Weekly Stocks Watchlist: www.humbledtrader.com/free
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In this video, I share two personal experiences that taught me valuable lessons about the world of trading. Why am I sharing these stories? It's because I want to ensure you don't repeat my mistakes.
I've distilled my experiences into four golden rules that every trader should follow in order to become profitable.
Trust me, I've broken these rules in the past, resulting in substantial losses-$47,000 on $SNAP and $70,000 on Moderna.
Rule number one: keep your charts simple by using only one or two indicators.
Rule number two: gradually increase your position size.
Rule number three: always have a trading plan.
Rule number four: resist the temptation to blindly follow trade alerts.
Don't miss out on this opportunity to learn from my experiences and start your journey toward profitable trading!
#daytrading #stockmarket #howtodaytrade
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DISCLAIMER: I am not a financial adviser nor a CPA. These videos are for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. You must conduct your own research. I am sharing my opinion with no guarantee of investment gains or losses.
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Пікірлер: 556

@HumbledTraderOfficial Жыл бұрын

Hey traders! 📈 We all have that ONE rule that changed our trading. I wanna know-what's your life-altering trading rule? 🔥💪

@thinkpod4543 Жыл бұрын

starting the next day as soon as I finish the present day! and focusing all my time and energy on one thing! I will try your free humbled tradaaaa! my research led me to Charted CFA last week 👌

@randomstuff6332 Жыл бұрын

I like how your videos do show more in depth than just the rules in the descriptions. A lot of other channels would either not put it in the description or just talk at you in circles, but I really like where you show with examples.

@usa4ever711 Жыл бұрын

Very nice video and very cute! Thanks for making me smile and for the great tips! 😀

@Gptraderapp Жыл бұрын

⬆ yes

@jasonreviews Жыл бұрын

你的英語有進補.

@nateostrowskimusic Жыл бұрын

1. Don’t add too many indicators, learn price action 2. Don’t size up too fast, use size calculator 3. Always have a trading plan and stick to it 4. Don’t follow trade room alerts (if you’ve followed this channel, you’ve heard this one before 😂) Still watch the whole video, tons of wonderful info as usual! Thanks for all you do!

@HumbledTraderOfficial Жыл бұрын

Cheers thanks for watching!

@wyattliu3637 Жыл бұрын

Now her KZfaq full watch through count reduced, less Adsense income❤. But thank you for your summary

@Berghiker Жыл бұрын

What is price action? Not everyone is a numbers trader. Either I watch the candlesticks and patterns and manage my risk OR I only watch the numbers like Level 2 and time and sales but NEVER both. That's just my humble opinion.

@nateostrowskimusic Жыл бұрын

@@HumbledTraderOfficial thanks for posting!!!! always love watching!

@patrickbyrne7599 Жыл бұрын

Nice video, thank you! In the example 1 risk vs. 2 reward, the dollar amount shown should refect that e.g. risk 200 to make 400...

@andrewmarsh7636 Жыл бұрын

Hello Shay, Thank you so much for your great videos. You go into so much detail and cover things that many other teachers don't.

@Gptraderapp Жыл бұрын

⬆ yes

@FinTra_ Жыл бұрын

EMA(9) EMA(20) and EMA(200) + RSI for momentum (don't follow the conventional buy and sell, but strength of longing or shorting. It makes no sense when RSI says overbought to short the stock. That is just insane. It shows you that there is a loft of upward momentum. When volume has died down and RSI goes down then it is a good time to consider. I use RSI to not get burned 😇 RSI in combo with price action and volume to tell me if I can consider shorting yet or opposite for longs

@brunodaigle3127 11 ай бұрын

Love it, you are great and helping me very much !!! 😊 You put so much effort in all your montage !! Love your work !!

@flaborn8631981 11 ай бұрын

man its crazy how when you are ready the teacher will appear, i've been dealing with the issues of going up on shares and not being mentally prepared to deal with the losses with going from 100 to 1000. This video is perfect timing. Thanks

@user-bs6zv6bh5i Жыл бұрын

I was just watching your "6 MUST Know Trading Rules for Day Trading Beginners" video when the notification popped in for this video. This video is about 2 years ago, Man, you have grown and developed as a person so much, even the bad jokes are getting better! In all honesty, though, thank you so much for sharing your experiences so that the newbies are not making the same mistakes. I just started full-time, and I must say its not as easy as I thought:)

@josephbowden2125 Жыл бұрын

My 3 indicators: VWAP, 200 EMA & RSI+ by D7R on TradingView. I look for good entries on my trades that go with the higher timeframe trend rather than against. Been a subscriber to your channel for the past 2 years. Excellent content! Keep up the good work Shay! 😊

@klydon12345 11 ай бұрын

Thank you. You are so CLEAR in your sharing.!!

@brians.4403 Жыл бұрын

HT, enjoy your videos. Good, solid info. Keep informing IT HELPS...

@JuliaInMerica Жыл бұрын

Thank you for sharing real tickers examples.

@Rhinozzzz Жыл бұрын

Hi Shay, great video as always. So happy to see all of your success! The more you give, the more you receive. Keep up the great work!

@HumbledTraderOfficial Жыл бұрын

thanks for the support :) glad to help!

@Kkhvh Жыл бұрын

Thank you for sharing, Sensei.

@edwintan6753 Жыл бұрын

Thanks Shay, I love video like this and I learn heaps!! Look forward to learning more from you :)

@Martin-Zeller Жыл бұрын

you are awesome!!! all these points are so good... thank you for sharing your insite and experience.

@michaelhipp617 Жыл бұрын

Another great video. I've made 3 of those 4 mistakes in the past. I was never much for the chat room stuff. Great job as always. Thanks

@carolinegraham2083 Жыл бұрын

I cannot tell you enough thanks Shay. I am now having more than 80% green days since I have started going through your videos and applying VWAP, RSI and the 20 day MA. I have also decrease the number of stocks traded at any one time. I used to treat small caps as if they were large cap- NO MORE since learning from you.

@HumbledTraderOfficial Жыл бұрын

AMAZING!!! Happy for your progress :D

@Berghiker Жыл бұрын

I never trade with RSI. It's a useless indicator for me IMHO.

@sleepy_trading 11 ай бұрын

I used rsi and ema 200 work like magic.

@One-way 9 ай бұрын

You gotta use the indicators that YOU understand HOW to use. Glad you found a combo that is giving you confidence. Trader psychology is crucial.

@ericstinnett9182 7 ай бұрын

Great video thank you so much for the tips. Also taking time out to make the videos I’m learning a lot. Thanks.

@mikehadler2758 Жыл бұрын

I just added anchored VWAP along with VWAP And it has been a real game changer for me.

@alifetomake Жыл бұрын

I also use VWAP, + homemade indicators (shared on TV): "ChArt Path" (In place of the candles, with a gradient for the volumes), "Frema Trend", "AMI" (Absolute Momentum Intensity), "Buying/selling pressure cycle (PreCy)". So I've developped special strategies with them, which I encourage people to do too...

@klydon12345 11 ай бұрын

Thank you. You are so clear in your sharing.

@geraldnavarro8294 Жыл бұрын

Thank you! Stay cool!

@Thinkpositive65 3 ай бұрын

This is awesome .. love your videos! So much value with so much humility. Thank you!

@Superflow66 7 ай бұрын

Really helpful videos Thank you 🙏🏼 and best of luck on your journey 🍀

@arielcarrillo3592 Жыл бұрын

very humbled advised .. thank you

@mojamedabdeljakhaterabakar2642 Жыл бұрын

Thanks a lot shay for everything you did

@billbaker9477 Жыл бұрын

Subscribed long ago.....your always a brilliant Yet Humble, PLEASURE....TY

@trendcatalysttraders8364 Жыл бұрын

Thank you, We cover mostly stocks and index's, always nice to see a different video ideas

@BruceReign 11 ай бұрын

Straight 🔥 on this one. Great stuff.

@terrisserose 9 ай бұрын

I am really thankful for your videos

@ionsufana5250 Жыл бұрын

Good lesson like usually ❤

@Zombiehunter2086 Жыл бұрын

Thank you so much! Very helpful video.

@richhands5269 Жыл бұрын

My three favorite channels: Humbled Trader, Stock Brotha, & Zip Trader. Make my week complete!

@jetbecerra 11 ай бұрын

THANK YOU for showing us HOW TO ADD the indicators - thank you for your Videos

@jetbecerra 11 ай бұрын

You are the BEST teacher... hands down!!!!!!!

@pipilchocolate8654 10 ай бұрын

#1 Anything can happen.... Any patterned identified that meets a criteria for entrance has a random outcome. This is the backbone of how to think when trading. This principle is the reason that emphasizes the importance of using stop losses, not taking on a trade that's way too big, not being convinced that you absolutely know how the trade is going to go, letting go of a bad trade, sticking to a plan and so on. Still I believe with out having ones ass kicked these things do not become real to a person unless these are learned from a good teacher early on.

@saxegothaea_conspicua Жыл бұрын

amazing content again. Thanks.

@Timucinable 10 ай бұрын

Great video. Thank you Shay.

@chicospaintingco 10 ай бұрын

Just signed up the journal and watchlist and risk calculator. Exactly what I've been looking for . Thanks for doing what you do.

@KingLeeInvestments 10 ай бұрын

Signed up and tried finding the risk calculator. Got an email but nothing. Were you able to find it?

@TimingInTime 8 ай бұрын

I am in the same situation... how can we get the Risk calculator?@@KingLeeInvestments

@garykusnierz2108 9 ай бұрын

Thank You !!

@johnvonsauers8867 Жыл бұрын

great video, great lesson, great Girl, and I smash the like , as always. thank you Shay❤👍

@carsonpowers8523 11 ай бұрын

Thank you for the great video

@CK-wx1nr Жыл бұрын

Great content, thanks for sharing, you are the Oracle....

@DCmite1 Жыл бұрын

you hit every emotion that i am going through right now....was up 1200 bucks last week and went down 2k this week. Going to take all your pointers from this vid and apply them this coming week.

@JoseHernandez-gl9ef 5 ай бұрын

Thank you for sharing

@TSnow-cf4rh 7 ай бұрын

Thanks!

@nickk8416 9 ай бұрын

Great stuff Humbled Trader. You speak the gods truth. Discipline to avoid 'fear of missing out" is paramount too. Take your time and wait to make the smart play then protect your risk.

@davidevennou1551 12 күн бұрын

Very good video! Thank you Shay!

@riverbig4279 Жыл бұрын

My first time watching your channel. I really enjoyed it thank you shay

@reuben3454 7 ай бұрын

Thanks 🙏 Shay, for your great presentation. Very informative, educational and very helpful.

@charliemcgrain 4 ай бұрын

Thank you.

@columbuscc 6 ай бұрын

Happy New Year. Enjoyed your video today, especially your example on NVDIA. I will focus on the Gap up or down tomorrow. Great concept. Something that helps me is using VWAP as a "stair step" instead of a straight line. This tells you when the price is moving up or down better than a straight line. I also use the RSI. I trade when if goes under 30 or over 70 and stays there for a while. This is as good as a Fibonacci. Thanks Ed

@Ksmshaminc Жыл бұрын

Love it, love it!

@Ksmshaminc Жыл бұрын

How do I get in touch?

@izuddin1978 Жыл бұрын

Thanks for the sharing coach

@HumbledTraderOfficial Жыл бұрын

👍👍👍

@raycast6277 10 ай бұрын

appreciate your honesty! No one is perfect in trading!

@joep6895 Жыл бұрын

Excellent video. This confirms my direction that I will be taking. I'm a fan.

@alekseikorkh9010 11 ай бұрын

really helpfull content! Thank you for your work!

@maxkster Жыл бұрын

I agreed, have to trade price action! But not have EMA on chart, I think, is a mistake, especially 200 ema on a daily chart, which can be a huge resistance or support. I'm not saying have to trade ema but calculate with it and have it on chart like other support and resistance lines. Thx for your video ❤

@starttofinishmediaco.2520 7 ай бұрын

AWESOME video! Tips with specific action steps and details. You know she knows what she's talking about!!

@optionout 8 ай бұрын

WOW, this lady gives seriously, great content in these free vids.

@mdeasy Жыл бұрын

I Smashed the Like button!!

@TopolV 6 ай бұрын

That was useful... Thank you.

@john1919 Жыл бұрын

Hi great video once again. I remember you doing a topic on this max risk assessment. Would you ever suggest using options as trading instrument for only day trading. I find what works for me ,usually use options on the spy only and don’t bother looking for alternatives trades on individual stocks. I probably loose out on profits on individual stocks but it’s just my trading style.

@sankatha 10 ай бұрын

Love your content... 😍

@davidibiyemi1308 Жыл бұрын

Thank you very much Madam, for this enlightenment. You are wonderful and awesome Ma

@ktrain1100 Жыл бұрын

Hello Shay, thank you for the introduction of information as I am new to the Trading world, I appreciate it.

@user-dt3xh2rs7w Жыл бұрын

⬆️Directly get in touch with me❤!…

@realclenuar Жыл бұрын

Best Video - ty :)

@AnthonysTradingChannel Жыл бұрын

Your video was good! Thanks for sharing it with us.

@thetaoofty Жыл бұрын

Thank you for another awesome video. I would love to see the Corolla, lol. If I may offer one suggestion, the bright lights in the background are too bright for the viewer. I understand they are necessary sometimes. Maybe turn them off or relocate them when you do that view. Congratulations on 1 million! You deserve it!

@bgoldsm 10 ай бұрын

Very good thanks!

@svskarthik 6 ай бұрын

Good one !!

@wleexxon7515 5 ай бұрын

Very clever and honest rules

@scx2296 Жыл бұрын

Great video Thanks

@marshalomen1318 7 ай бұрын

Very helpful content 👌🏻

@ricardovelez958 Жыл бұрын

Thank you for being Amazing!

@friends-xu3fq Жыл бұрын

You are great..thks...Bob

@CHMVRDFOREXTRADING Жыл бұрын

Hi Shay! Thanks for your great explanation on this video and show to us how to do a good trade minimising the risk. I promised to myself to watch many videos of yours yo learn how to capture the consistency. You're so nice Shay👍

@HumbledTraderOfficial Жыл бұрын

Thanks for watching!

@markustraxler74 Жыл бұрын

great. thx a lot

@sergiuberdila2972 Жыл бұрын

You're awesome ❤ ... as you explain ❤❤

@yurimaperez1145 Жыл бұрын

Thank you for sharing, you are amazing! :)

@blucarrots381 Жыл бұрын

Hey Shae, the 5 Ema and 20 Ema are my other favorite indicator, and allways need my Vwap! ur awesome!

@treetoplake 7 ай бұрын

Well just discovered your channel .. thanks you for posting with such a caring honest approach I really appreciate what I've seen so far.

@PANTTERA1959 Жыл бұрын

Wow Shea,I learned a good point about sizing shares to match risk management.

@njihiareuben Жыл бұрын

AM FROM NAIROBI,KENYA .I fell in love with your channel after the Rex Interview.I have alot to learn from you

@shurouq85 10 ай бұрын

Great video love to learn more

@menininha92 Жыл бұрын

Hello, thank you for your video! Personally I like stochastic indicator but I trade futures not stocks

@icannWong Жыл бұрын

thank you

@Berghiker Жыл бұрын

I made a spreadsheet like this about 7 years ago. It's very useful. I still use it today.

@erickdraque9260 9 ай бұрын

very straight forward

@RALLIR 6 ай бұрын

Thanks gramma trader!🤗 this is exactly what I was hoping for way to knock it outta the park

@ycyken 10 ай бұрын

trading to make money, enjoy life, stay humble is way to go. I am working hard towards that goal. and I totally agreed with keeping our position small to reduce mental stress.

@dannyhughes7192 Жыл бұрын

Hi Shay, I use volume pressure bars and the 21 EMA. The volume pressure bars really make a difference.

@hummit 8 ай бұрын

Thank you! I learnt a lot today! 👍

@miguel74565 10 ай бұрын

Every journey is unique! So you have to learn by practicing and losing money. But the most important thing is to learn from it, so you better have your spreadsheet where you can write down the lessons

@nickodemis 9 ай бұрын

Thank you for the GREAT VIDEO…!!!!!

@genefrye8645 9 ай бұрын

Thanks Beautiful for everything ❤️

@MikiBlue 10 ай бұрын

I enjoyed listening to this video. Very informative. Thank you

@MSmith-ki3md Жыл бұрын

Thanks Shay. Love how you are able to share technical info in an interesting way! Plenty of personality and a few jokes! Also appreciate how you seem open to sharing personal experiences 👍🏾

@Gptraderapp Жыл бұрын

⬆ yes

@Gptraderapp Жыл бұрын

⬆ if you want to learn about trading follow the arrow

@terrydob 7 ай бұрын

@@GptraderappHello I know this is from 5 months ago but I just saw this video while watching another person this I accidentally hit but glad I did! I can ask you a question, Is there supposed to be a link or something, Because you say you want to learn to trade follow the arrow?