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10 Comments

  1. Alun Morgan-Reply
    October 31, 2014 at 4:27 pm

    Very interesting trading video today. Are you able to list all the indicators you have on your charts? I know you might have said this before, but I have only been following you guys recently. Thanks.

    • Charlie Burton-Reply
      October 31, 2014 at 4:37 pm

      Hi Alan,

      I can give you some but not all. so I use the 8,21,50,100 and 200 moving averages but the other indicators I use I only give to customers. But having some moving averages is always useful.

      charlie

  2. James-Reply
    October 31, 2014 at 10:59 pm

    I found the lessons at the end of this video *very* useful. It’s so easy to ruin a lot of work building up equity because you’re focused on today’s result rather than on the long-term.

    Excellent stuff- thanks for the timely reminder 🙂

    • Charlie Burton-Reply
      November 1, 2014 at 10:38 am

      good stuff!

  3. Rune-Reply
    November 1, 2014 at 10:21 am

    Too be honest, one of the best “live” trades movies made by you Charlie, a lot of giveaways in this one 🙂

    • Charlie Burton-Reply
      November 1, 2014 at 10:39 am

      Thanks, glad the message got across…

  4. Bilal-Reply
    November 1, 2014 at 5:32 pm

    HI Charlie,

    during your 10k to 100k challenge did you only Day traded on fridays only or every day. And if you day traded everyday did that included mondays as well. As i found Mondays to be very low in volatility

    • Charlie Burton-Reply
      November 1, 2014 at 6:20 pm

      I day trade that account most days plus swing trades. I see no correlation regarding days of the week. Any day can have low volatility, not just Mondays. I trade if there are setups. If none then I don’t trade. Hope that helps

  5. Fahd-Reply
    November 21, 2014 at 6:43 pm

    Hi Charlie,

    Great video there! Why did you close your trade and take profits? Wouldn’t it have been better to bring your stop loss right down, or even better, have a trailing stop, so if the market continue to trend downwards, which it did you would have carried on in profit. and even if it didnt, you would have just been stopped out by your trailing stop at an even bigger profit than you took?

    • Charlie Burton-Reply
      November 21, 2014 at 6:53 pm

      Hindsight is a wonderful thing. I had my price targets and was happy with those. If I had used a trailing stop, I wouldn’t have made as much as if price had rallied from my targets I would have been stopped at the higher price. Of course with hindsight we can see that using a trailing stop today would have been better but in day trading, most of the time price doesn’t run and run like it did today so normally using targets is best. It was still a good risk to reward trade – you cant get them all as you will learn! Thanks.. Charlie

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