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By Stock Chat

where the coffee is hot and so is the chat

23 thoughts on “This day trading mistake cost me $1,500”
  1. Avataaar/Circle Created with python_avatars Yutaka Sama says:

    Moving your stop loss can be a painful bad habit

  2. Avataaar/Circle Created with python_avatars MOHAMMED FAYSAL says:

    Bro what you think about KL stock?

  3. Avataaar/Circle Created with python_avatars Melissa says:

    Excellent tips and reminders! I think I benefit more learning from your loses, refinements, tips and reminders than your gain videos.Thank you for all you do. The best trading channel.

  4. Avataaar/Circle Created with python_avatars Millennial Ventures Club says:

    Ricky I closed GREEN $1k today :), I love trading micro cap stocks i'm up over $1M in less than 3 years.

  5. Avataaar/Circle Created with python_avatars Joshua Jackson says:

    A 240 min exponential average of the VWAP line is a godsend for trading UGAZ/DGAZ. You have to code it yourself, it's not available by default. If a high range candle crosses MVWAP it is a reversal.

  6. Avataaar/Circle Created with python_avatars HojJ James says:

    So glad I started following you bro! Iโ€™m a newby but youโ€™re still very relatable on many of your topics. I lost a couple hundred on this trade today. Iโ€™m under PDT and only had 1 day trade left so I couldnโ€™t get completely out of my position before it started to plummet. I was pissed but regained composure and set up a nice swing trade with DUST. Thanks for everything youโ€™re doing for the trading community!

  7. Avataaar/Circle Created with python_avatars Desmond Little says:

    Hey Ricky what should I do i am completely on unprepared for life. I didnโ€™t learn anything in school and I feel like everything I learned in school has fallen out of my head or maybe I didnโ€™t really learn anything school that stuck and now Iโ€™m a 30 year old man with not that much knowledge Iโ€™ll say my education level is at fifth grade at best I literally forgot how to spell fifth. I know for a fact that I would have a very hard time trying to make it in the real world. I donโ€™t know how to support myself like a functional adult.๐Ÿ˜”๐Ÿ˜ข what do you think I should do? Iโ€™m helpless on my on. And i am at the mercy of my relatives. I have more say but Iโ€™m going to save it. This is so embarrassing but please help.

  8. Avataaar/Circle Created with python_avatars Laura Collins says:

    no worries Ricky! Went through something similar with UGAZ thinking it was just going to bounce off the middle vwap and head back up. Recover and get back out there ๐Ÿ˜‰

  9. Avataaar/Circle Created with python_avatars heispark says:

    The problem is you're not very up to trading at the moment, you're sick and tired and wanted to quickly finish daily goal and the live video. Why don't you have several days off without posting anything. Your friends or sister can help post some videos for you instead. ๐Ÿ™‚

  10. Avataaar/Circle Created with python_avatars JustMe9 says:

    My understanding is that the FTC is looking at you. FYI

  11. Avataaar/Circle Created with python_avatars Geoffrey Coombe says:

    It is always easier to see a trend in hindsight. In a very choppy market the market can quickly reverse.

  12. Avataaar/Circle Created with python_avatars bryan what says:

    Nugt rocked today. Wish I had more in it.

  13. Avataaar/Circle Created with python_avatars Joshua Jackson says:

    Ricky, Do you not use M-VWAP? (Moving average of VWAP) It has improved my trading by far, although I am still learning how and when to use it. It threw me a big red flag this morning and I ignored it, paid the price as well.

  14. Avataaar/Circle Created with python_avatars OGx Stanley says:

    Lost 1200 trading LMPX , didnโ€™t minimize losses finally just cut losses before it kept dipping . Bounced back making 3,300 from DGAZ . Still green baby

  15. Avataaar/Circle Created with python_avatars Raul Mendez says:

    damn man i feel you, I traded $UWT today as well. I came out green though. Bought a few during premarket then got greedy and didnt sell off at the 1% increase. saw the huge pull back started buying on the way down and averaged it. Bounced back up and ended up selling off for a .6% increase. Phew.

  16. Avataaar/Circle Created with python_avatars yeah whatever says:

    making money back after your already in the red is mentally a feat in itself

  17. Avataaar/Circle Created with python_avatars Cloudy Johnny says:

    Bounce back tomorrow bro ๐Ÿ“ˆ๐Ÿ”ฅ
    Today I traded symbol MBOT and Swing trading symbol F for Ford ๐Ÿ“ˆ๐Ÿ’ฐ
    I wanted to trade UGAZ but already profited from my other two so decided to wait until tomorrow ๐Ÿ’ฐ๐Ÿค™๐Ÿป
    Overall I agree, managing risk plays a huge part in profiting ๐Ÿ“ˆ๐Ÿ’ฏ haha I wouldnโ€™t have dig myself in a deeper hole if I was down $1,400+ smart strategy, I know traders who force a trade and end up losing even more.
    Keep going strong Ricky! ๐Ÿ’ช๐Ÿป
    Appreciate the transparency ๐Ÿ‘Œ๐Ÿป๐Ÿ’ฏ

  18. Avataaar/Circle Created with python_avatars Marco Chao says:

    I made 40 dollars on dwt this morning. Not much but still really happy with it. Thanks for the videos Ricky they help a lot

  19. Avataaar/Circle Created with python_avatars Adam Gomori says:

    thanks for posting this vid it's very educational.

  20. Avataaar/Circle Created with python_avatars Someone NotKnown says:

    Just started.
    Lost 1 buck today.. my 'Stop sell' got me out as it dipped for breif sec b4 taking off. =P

  21. Avataaar/Circle Created with python_avatars Chris Lyko says:

    I lost some money on UGAZ today, hit that golden VWAP and I went all in, and it kept plunging D:

  22. Avataaar/Circle Created with python_avatars jcs1492 says:

    Lost 188.25 on DGAZ today too first red day. REVENGE !!!

  23. Avataaar/Circle Created with python_avatars andrew says:

    why does it say PDT in top left corner?

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