The 3 Deadly Beginner Day Trading Mistakes

  • Published on Apr 12, 2019
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    In this Forex trading vlog, I share with you some of the top beginner day trading mistakes. Those are things you'll want to avoid if you aspire to make a living trading Forex. Vlog #457
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    My name is Etienne Crete (from Montreal, Canada). I'm a swing Forex trader and help aspiring Forex traders develop a trading method that works for them so they can produce income allowing them to live with more freedom.
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    This video expresses my personal opinion only. Forex trading is risky. Make sure you are ready to trade. Even this will not guarantee you positive results. I am not responsible for any losses incurred due to your trading or anything else. I do not recommend any specific trade or action.
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Comments • 20

  • malekinception
    malekinception 4 months ago

    I’m gonna save everyone the time of what actually the 3 big mistakes are for all traders not just beginners:
    1- Money management , the most important , if you don’t have this one right you ll never be successful.
    2- Trading with emotions. Deviating from your system instead Of letting it do what it’s supposed to do.
    3-Not knowing when to enter or exit a trade.

  • Mac M
    Mac M 4 months ago

    Whats up!! Great videos. You should check SMZeus”.”com. It will really help you promote your channel!!!

  • Col Grant
    Col Grant 5 months ago

    Increasing the risk on trades where full due diligence was not applied -pushes the account down so that many more trades required to return to profit -stick to your risk/plan -Full Stop!

  • hiiiihhhaaaa
    hiiiihhhaaaa 5 months ago +1

    Salut, j'ai une question pour toi Étienne. Combien de temps est-ce que ça ta prit pour pouvoir trader full time?

  • Cody
    Cody 5 months ago +1

    How are some good ways to find good traders to connect with? And not the guys that are in for the hype haha

  • Bruce Smith
    Bruce Smith 5 months ago

    Thanks E great advice 👍

  • Chris Tyrell
    Chris Tyrell 5 months ago +1

    well well Etienne Crete
    awesome advice, I've been trading Forex
    since 2005 and this advice is as much as important
    for me,(Today) as it was way back then
    Thanks for reminding me, Etienne Crete !!!!

  • Tony Poulos
    Tony Poulos 5 months ago +1

    Trade small size... Use 4 hour and daily charts only... That has kept me constantly profitable for years... Go for getting rich slow... 5 to 10 % a month will put you in the elite top traders

  • Wavemaker
    Wavemaker 5 months ago +1

    I think it is understandable for beginners to try different strategies (you wrote as #2 mistake). They are called beginners for a reason. They don't have a working system yet. So to be able to find that system that works for them, they have to try different strategies.

  • Dan Okero
    Dan Okero 5 months ago

    Mistake #1 i make quite frequently actually I think it's a mistake for the inexperienced associated with not being able to read when the momentum of a trade is at its beginning or highest and not fizzling out ( at least with me and forex) and then kinda assuming that the reason why the strategy has stops quite far away ( at least to my newbie thinking, such as, 3 x ATR & etc) it means one should or could wait for things to bounce back. It's hard to know when you've entered a trade with a good strategy at a bad time and cut out early

  • Dan Okero
    Dan Okero 5 months ago

    i miss vietnamese cuisine in new orleans usa. Pho wont make you sick Etienne

  • Taking Trades
    Taking Trades 5 months ago

    Etienne, can I ask a question about your trading routine?? Do you have a block of hours each day when you look for new trades? If so, is it the same time each day relative to the markets? If so, how many hours and do you have a cutoff time in place when you stop trading? Thanks!!

  • Taking Trades
    Taking Trades 5 months ago

    Thanks for the insight Etienne, always great information!!

  • Gooey 007
    Gooey 007 5 months ago +1

    That's the difference between you and the 5 percent ! The 5 percent would invest a tiny amount and leave it there till it goes right to the top , the risk involved to reward out weighs the time, that's why you probably not a very succeful trader, (bitcoin)

  • abel john
    abel john 5 months ago +1

    Thanks for these amazing videos bro. Which time frames do you trade since you always on the move and travelling?

  • TradeJason
    TradeJason 5 months ago