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50 COMMENTS

  4. Don't Overtrade. when homeruns come take them and keep focusing on your process rather than the PNL as it will come as you follow the process that makes you profitable

  5. Great video Nate, as always. Full of knowledge, a lot of good stuff.
    As u stated in the video, we should not get to excited about a Trump tweet or something else like that.
    Trade your plan, prepare and always start small, test the waters.
    Also, "YOU ARE AS GOOD AS OF YOUR LAST TRADE" .

  7. Keeping losses to a minimum, not giving back 1-2weeks, a month. So you can come into markets confident (not cocky) so ready to fire. Thanks for the market wisdom Nate and keeping up with the videos.

  9. Yes it has been so important for me to take my profits when they are there rather than holding to see how far it could go. So many good tips you have shared. Thank you for sharing your knowledge.

  10. Thanks again for your videos i appreciate they help alot.. hearing from you reassures me im thinking the right way and taking profits when they are there and not trying to ride the trade all day.

  12. Be obsessed with the process, the edge, the opportunity, NOT the P/L. Someone will always make more. Don't compare yourself to others. The only thing that matters is improving your own trading. Focus on A+ setups. Sometimes that means sitting on your hands waiting for the trade to come to you. Always know why your getting into a trade. Know what your risk/reward. Have a max stop loss. Also, don't try to catch a falling knife, wait for a trend to form. Thanks for another great scan Nate!

  16. Takeaway: You're only as good as your last trade…. (or last X trades). Stay focused on what got you the winning trades and move forward making more of those.

  21. Takeaway:
    1. Understand what makes a good trade. Why is it a good trade? Is it repeatable? Can you spot a good trade by yourself or you are just following somebody?
    2. Be patient. Wait until there is a trend, take a piece of the meat in the move.
    3. Keep your loss tight, have a limit loss. Especially in this market when it can blow you out.

  22. Biggest takeaway for me is “if you get the move, take some off”. The past 2 weeks has been great, been watching textbook & tandem trader every weekend, keeps me grounded.

  23. I started this year during Feb, it is hard being new in this market and missing the opportunity, so far I'm still green and up from my starting position, but it was a bit back and forth. This market is good for both long and short bias, being a long one I tend to missed the right moment entry because I can still get caught with tunnel vision on the candle without seeing the whole picture. Another problem I have is fearing to catch some of the move if I missed the first few candles run on intraday, I always think that it might be the top and I'm just chasing. Need a lot to improve on.

  24. i love these weekly scans. Makes me think I need to switch chats every time I watch your videos. Always packed with great info.

  26. Good stuff man. Humble as hell and professional. My takeaway is too respect risk, and no need to waste head space on something that isnt working in this market. Bail the feeler, next. Just as important is to take the profits into the rip in this market, or flush if short. Not a market to be patient in with looking for more profits depending on trade style, but that holds true for me no doubt. As always, preciate the input and work you put in. I've learned a lot from you over the years.

  31. Size matters a lot. Since I started applying that technique of adding small size accordingly my loses have become less and less. Also, it is very tempting to try to go big after many wins in a row, but then I remember based on big draw-downs that small wins add up…

  33. there's no trade with 50+ volatility, until someone plan burn his money or take a huge risk. Particular who's working and can't seat and monitor all day.

  36. The biggest takeaway for me personally, is you saying not to change what you’re doing. Especially in the market we’re trading, I tend to catch myself experimenting with new setups that I’m not quite comfortable with because I’ve done well recently. This is not the time to be changing your process, it’s the time to hone in and capitalize on what you’ve been preparing for

  37. Just wanted to say I think you guys are doing great with investment underground, I am very new to all this only a couple weeks in and I signed up to alot of emails about stocks and I find myself unsubscribing to most of them because they send emails multiple times a day and try to sell you on how rich you can be. I like your guys approach, I love the videos with you and Cam and hopefully in the near future I can make it work to sign up with you guys. Keep up the great work and hopefully I can afford to make it into the group chat with you guys.?

  39. Great video I had to watch it twice so many golden nuggets. A lot of this stuff Is great advice no matter how many times you hear it. I think my biggest take away is at 10:30 even though I have been trading for a while. I fall into the trap selling early and feeling regret that I scaled out of the trade. The problem is when I scale-out near the bottom I never remember how well I traded but I always remember the ones that go further. I got pissed Thursday scaling out of UVXY and minimizing my profit even though I made a lot for me. Friday I held UVXY against me until my max daily loss was hit and had to stop because I didn’t lock-in. If I had locked in I was correct on the direction but early and I let it get to max daily loss. I actually doubted my own ability to trade when that happened and felt like shit. Great advice though. From what happened EOD on SPY I think I was reading it correctly but I was just early.

    The second best takeaway I got was at 30:34 the advice Gregg gave you If that helps you at all, I think that advice is priceless and should help your other members. I Love the Advice you are Killing it love the way you see the market too.

  40. Thanks Nate for the scan. As always I enjoyed the psychology part of the trading. I will continue to focus on my own progress instead of looking at how everyone else is doing. I did have the best trading weeks of my trading career of 3 years. However, I did feel like I under performed. So your comments were very helpful to me. I have a big favor to ask of you. I just want to understand the ETFs little better. Would you please make a video about ETFs such as VXX, UVXY, JDST, TVXY? I am probably not going to trade them. However, I want to be prepared when next time these kind of market occurs in the next 10 years or so. Could you please please please make a video and talk about how these work and what is the psychology of the people when they are trading them? Thank you in advance. You are a great inspiration. I wish nothing but the best for you.

  41. Main Takeaways: 1. Don’t feel like these moves and this market is “normal”. if you’ve taken advantage of some nice moves/gains, GREAT, but don’t think that should happen everyday. 2. Always thinking risk first, scale into a winner if trade starts working but don’t start going bigger size just because you made more in this crazy markets. 3. It’s always psychological advice that I take from these….sure the trade ideas and tickers are nice (which I listen to learn but never trade the ideas cuz they’re not mine). But the psychology sticks with you throughout your trading career so don’t get caught up in any one trade, one day, one week, month etc. Thanks as always Nate. Talk soon, appreciate the lessons

  42. Nate are you scaling in on the backside or the frontside? If frontside, what's your reasoning because I don't want to add to a loser. Biggest takeaway is to be obsessed with my process/edge and making great trades rather than comparing my trades/performance with other traders

  47. Takeaway: Everyday in the market is different, different opportunities/different volatility/different news. Keeping this in mind is vital in maintaining a level head in the midst of the turmoil, especially the last 1-2 months.

  48. Great advice. Focus on Process. Only recently have I come to realize process is the most important part of trading. I always focused on dollar amount made vs (entering, exiting/ following plan correctly. ) I wish I would have been told this in the very beginning.

  50. thanks Nate.. biggest takeaway.. Everyday is a new trading today, forgot about what happened the previous days.. good or bad. Worrying about previous days can mess up your confidence

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