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LearningTranscript
00:00Dumb ways to die, so many dumb ways to die
00:07Here's an example on how you can blow your account
00:10Dumb ways to die, let's go
00:13Here you have an example of support key levels, trendline
00:16Touch the support, hit the buy, shit, stopped out
00:20Another support level, hit the buy, shit, stopped out
00:23Okay, one more buy, hit the support level, it's gonna go up
00:26Shit, stopped out
00:28One last one, it is gonna go up
00:30Hit the, oh shit, I get stopped out again
00:33Next example, an entry
00:36Over and over and over again with no stop loss
00:40Always, put your stop loss, stop loss
00:46Put your stop loss, alright
00:50Here's another example
00:52You just keep on buying with no stop loss
00:55Hit that buy button on, oh shit, stopped out
00:58Nevermind, one more buy, let's go, let's go
01:00It's gonna go up, no, support, buy
01:03It's gonna go up again, no, support, buy again
01:06It's gonna go up, shit, no stop loss
01:09Dumb ways to die
01:11How can we overcome this?
01:13Two things, number one
01:15Trend is your friend, okay
01:19It has broken a couple of key levels
01:22Go with the flow, go with the trend
01:24Don't go against it
01:26Number two, emotions, okay
01:29Always play it smart
01:32Don't go with emotions
01:34It will go up, oh, it's gonna go up
01:36Key level, it's gonna go up
01:38Trust me, it's gonna go up, shit
01:40One more buy, one more buy, one more buy
01:44And you're gonna get yourself screwed
01:46Watch your emotions
01:48The trend is your friend
01:51Nice and easy, easy trades