Look Who it Was Random video

Day Trading Stop Loss YOU NEED MENTAL STOPS!

4,366 views · Published 13 August 2017 · 7:37 · Indexed 27 October 2026

Channel: Patrick Wieland · 2017 · Education

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Talking about Day Trading Stop Losses and why you need to be using Mental Stops when your DayTrading! The number one reason for me really is the Stock Market Market Makers who run stops all day to get cheap shares. Don't let them take your shares cheap! Also I want to make sure that move above or below my stop loss is a real move! Becoming a Consistently Profitable Daytrader requires you to learn about every aspect of Price action.You need to be able to read LVL 2 and Time and sales in the moment to manage your risk. 

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