Dumb Ways

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Transcript

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