Additional information on strategies

-DISCLAIMER –
----------------------
This information has been prepared by Shimrit Manor Pfeffer.
In addition to the disclaimer below, the material on this blog does not contain a record of my trading prices, or an offer of, or solicitation for, a transaction in any financial instrument.
Shimrit Manor Pfeffer accepts no responsibility for any use that may be made of these comments and for any consequences that result.
No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk.
Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it and not been prepared in accordance with legal requirements and as such is considered to be a marketing communication.
This entire website/blog provides general information on the topic of Capital Market and financial instrument.
The information does not include all the clarifications and relevant information on the topic of Capital Market and financial instrument. The website/blog does not contain a proposition or persuasion for a specific trade and is written solely for informative purposes and is not to be used in investment decision making.
All the information presented on this website/blog is based on public knowledge.
All publications on this website/blog do not presume to be present all information necessary for the purpose of making an investment.
All the information presented on this website/blog has been studied and gathered by the author from reading, learning, observing and from her personal experience as a day trader in the capital market, which she is sharing from her personal perspective.
Different investors may have different goals and needs, therefore each investor should fit their investment for their personal goals and needs.

  • The following does not constitute legal advice and /or tax consultation and/or investment consultation.
  • This website/blog is not to be regarded as a recommendation or substitute for the readers’ discretion, or as a proposal or as investment marketing or investment consultation.
  • This website/blog should not be considered as a recommendation to buy or sell stocks and bonds or any type of financial assets, or as a replacement of consultation taking into consideration the data and needs of each individual and also in examining thoroughly each and every product given by a licensed professional.
  • The author of this website/blog is not an investment consultant and is only sharing her own experiences, conclusions, and opinions!

Links to videos on learning strategies-

So as I wrote in the Recommended books for investors and tradersit isn’t necessary to know everything about the markets and no need for endless strategies, if you want to read my inputs about strategies and what strategies i am currently using, you can read all about it in this Strategies

In this post I listed links to strategies I've enjoyed reading/ learning and watching Their videos. Even when I don’t trade according to them, the small clarifications usually are an added value and give me new perspectives and insights regarding investors’ behavior.
Again, you can watch them all, they are all interesting and clever but it’s important to always keep in mind that there is not a strategy in the world which can give you consistent profits by herself!
The most important thing for me is to evolve beyond and to get in to a trader mindset and by that not to build up expectations based on one strategy or another and getting to the traiding day full of expectations besides the expectations from myself to work according to the rules and laws i have set for myself!

And yes, I’m still not completely there yet, and there are some days that I make a lot of money from trades that don’t hold up to my own rules, to me these days are not good days despite the profits. Days like this, if I will continue with them or allow myself to get excited by will eventually delete all my earnings with a few unplanned trades – guaranteed!!!

And one last equally important thing to mention before watching the videos/taking a course on strategies...
from my personal experience of multiple viewing of videos as learning new and very logical strategies, and running off to invest according to them which of course caused me to lose a lot of money...
I will never trade again in the strategy I’ve learned without accurately calculating the amount of money I am willing to spend on testing it myself!

Meaning, I would prepare a thirty row chart,
execute thirty deals in which I risk a smaller amount than I’d risk in a regular trade (so I will know in advance what is the maximum l can afford to lose in case all thirty deals fail, and am willing to take on that loss if it were to happen and not a demo: losing real money)and I will write down the outcome of every trade taken by the strategy and only then, after I will see for myself that I am able to work according to the strategy and win in a large percentage of my trades, only then will I start to invest according to it regularly in my normal risk level I work with.

So these are some of the strategies that I enjoyed watching videos that explain and teach about them:

Meir Barak - Tradenet Day Trading Academy:

Meir Barak, the only trader I feel that I “know” even though I do not, and would be very happy to get to know and maybe study with him down the line, I’ve read his book “The stock whisperer” several times and I highly recommend it. ) I'm not sure if there is an English translation of it(.

He speaks in my favorite language in the world (Hebrew) but even his English videos are super informative and clear and I could easily put up links to all of his videos since I find them all to be great and I haven't yet to come across a video of his that I didn't learned something from.

True, I am less fond of titles such as “40,000$ in one hour” etc,

But in his case it is the truth and it probably does the job in terms of visits to the website.

He and his team have undisputed experience, knowledge and abilities and he can afford to trade in large sums and high leverage, watching his trade room or watching him trade in post factum I would be absolutely mesmerized. I was day trading for many months, while watching him simultaneously live in his trading room on Youtube (at least for the first 2 hours of the trading day) and I'm not gonna lie, I enjoyed every minute of it.

As a beginner day trader, nothing was more enjoyable for me than getting a glimpse into the world of the pros, and pros they indeed are: Meir, Scott, Yogi - super pros (especially Scott, his my favorite) but I eventually had to remind myself that I was choosing another path, I do not want to be Meir Barak when I grow up, I want to be me.
Each one of us is built differently, and I guess I wasn’t built for the pace and thrill levels that I’ve reached when was trading with the room (in spite of the delay on the Youtobe stream I could follows the deals they’ve took in advance and get in on the same prices), the thrill and my inexperience caused me to make mistakes and enter trades I was unsure of and because of being afraid to lose more money than I was able to afford exiting (running away...) at a big loss and not waiting for the return of the price in my direction losing so much money, amazing trades that have ended with massive gains in the trading room were painful loses for me since I didn’t know how and wasn’t able to manage them the same way they were managed in the trading room.

After some time I’ve decided that being the person that I am, and the peace of mind that I’m looking for, which sounds like the opposite of the field I chose to work in, but it actually makes a lot of sense. You can read about it in the Mindfulness, practice and their connection with trading and inMantras of a successful day trader - Coming soonposts. what’s best for me is to trade quietly and on my own, with a minimum of trades.

This is me

and I admit that every once in a while I enter the room and see the same traders (sometimes I still carried away to join them when it meets my trading plan) and makes sure of watching all the videos uploaded by Meir Barak for the simple reason that I find him to be a gifted not to mention genius trader and that I still have so much to learn from him.

So I place before you a few of my favorite videos of his and recommend that you go through his channel and follow him

(And no, I do not know him personally and have never spoken to him, this is honest and authentic recommendation)

Day Trading Gaps for Beginners (In-Depth Guide)

Explains exactly what a gap is, why, how and how much …

Revealing Trading Industry Secrets! All Retail Traders Must Learn To Use This Institutional Edge!

What happens with the institutions, it’s important to know how they work in order to understand the market and price movement

Trading the Bollinger Band Squeeze

My favorite Technical indicator in the world: I trade according to the normal Technical indicator which can be found anywhere, (you will be able to read about it later in the blog) and I’mnot using the additional tools he mentions in the video (I admit that I’m considering and it will probably happen soon, promise to give you an update) but the video helps to understand the basic Bollinger Band Technical indicator which I find to be very interesting, the whole world of add on tools to trading systems and automatic trade is fascinating and I definitely will want to dive into it later on (to be continued..)

Best Price Action Trading Strategy That Will Change The Way You Trade

I love this video, it clarifies the need for me to mark intraday levels of support and resistance,
The stock reaching the same levels on the same day while losing momentum, slowing down (the candles become smaller and smaller) as it reach support/resistance levels.

How To Trade PRICE ACTION Like A PRO (the best Price Action strategy on YouTube…)

I love this video and Steven in general, he makes many important and true statements regarding the trader's thoughts: checking strategies, success rates, EDGE and probability
In addition he explains very well the topic of trend on a daily graph in the daily price structure strategy and the topic of double bottoms, and his channel in general is great and teaches a lot in my opinion.

I personally do not use this strategy but when listening to this or any other one of his videos I learn so much that is important to me a trader, and in general, when watching videos i don’t run off to try the strategy, I take from them the emphasizes that might improve me and try to keep an eye out during the trade and understand whether there are issues that repeat themselves, ones that I can notice, with an emphasis on the words I/me.!!!
The purpose of watching all these videos is not to copy paste or try to emulate the examples and performances but rather to treat them as learning material with the possibility to research and develop the path that suits me best.

Professional Price Action Trading Strategies To Profit In Bull & Bear Markets

Lots of thinking points on Stop loss and false break.