26 Years Of Brutal Trading Advice in 23 Minutes

You are just another Scammer dude.

Crypto profit starts with one rule — protect what you have.

Every trade I take has a stop before it has a target.

You can’t win every move, but you can survive every loss.

That’s how the game is played — not by chasing green candles, but by cutting red ones fast.

Small losses are lessons. Big losses are choices.

Trading advice for anyone new to crypto: try not to focus too much on the 1-minute charts. When I first started trading, I made the mistake of reacting to every small price movement, and it cost me a lot of money. Constantly watching the smallest timeframes can create unnecessary stress and lead to impulsive decisions!

23 minutes a video and you didn't say a d*** thing.

If you are a professional trader, you would not be selling gimmicks on YouTube.

Thanks for the updates.I really appreciate your clear and simple breakdow, I lost so much money on stock market but now making around €20k to €25k every week trading different stocks and cryptos.

Lost another 3k this last 💔 Idk how much longer I can keep doing this before I just quit completely. Does anyone here actually trade profitably or is it all luck?

I’m in a dangerous situation, I’m a new trader with money 💰 lol 😂

11:10

Trading is mostly psychological game, the small portion includes only mechanics, the psychological part is what will determine how well u do in the markets, thats the real part you got to conquer if you wanna win at this, otherwise no amount of knowledge or strategies in the world will save you in the market

Great educational video Thanks!!!

Anyone else noticed that detail at 7:15?

Too much fluff & filler just to get more time on the video – get to the point and stop phuken with us

What’s that one trade ??

Only 9 mins in but this is already one of the best videos I've watched on trading. I've been struggling bad and I needed this. Thank you!

Anyone signed up for their community? Pls feedback

Be blessed for your advice

Trading advice for anyone new to crypto: try not to focus too much on the 1-minute charts. When I first started trading, I made the mistake of reacting to every small price movement, and it cost me a lot of money. Constantly watching the smallest timeframes can create unnecessary stress and lead to impulsive decisions.

Thanks for sharing your knowledge. I really appreciate it!

For anyone new to crypto: stop looking at the 1-minute charts. I lost so much money early on because I was reacting to every tiny wiggle. Once I started looking at the higher timeframes and understanding institutional flow, my stress levels dropped and my hits started landing. Trading is 90% patience and 10% execution.

I don't know anything about the subject but enjoyed the video, well structured and clearly articulated. Subscribed (to learn more)

The person that is watching this will become a successful trader in the name of God

THIS IS A LOAD OF BULLSHIT – INSTITUTIONAL FUTURES TRADERS ALL FOLLOW THE SAME METHOD – GOOD LUCK GETTING THEM TO SHOW YOU -…………. IM NOT AND I WON'T(SORRY I HAVE TO MAKE A LIVING ) ALSO IF YOU KNOW HOW YOU WONT HAVE ANXIETY .. ITS THAT GOOD 10 YEARS OF TRIAL AND ERROR

Dont bother daytrading. Invest for the long term. Buy etfs, bluechip stocks. Diversify. Keep investing and after 5-10 years, compounding will take effect.

One thing i learned: there's nothing wrong with taking 1:1 trades if you're going with the trend. Higher risk to reward trades can be frustrating and introduce unwanted variance to your results.
I'd rather win less more often than constantly swing for the fences.
It's all fun and games until you have 9 or 10 losses in a row because you were trying to get those 1:5 trades.
At least that's what works for me.

Honest question; how do you rate the idea of active trading vs. Warren Buffet's adage that index funds beat most professionals?

I am tired of watching lies on every YouTube videos, the economy is not friendly anymore, please i need a reliable guidance to start earning.

thanks for the video, it was helpful sir 🙂

Man, this is a truthful presentation.
I love it.
Great job!.

Great video….so true….I lost bank ac 4 times with forex…and now 10 years later after dedication and very good risk management..I can read price action very well…I don't get greedy and I manage the fear well with exit points ..and now I constantly do 35k a week profit…it's a journey

Doug Rumer at his best as always. Appreciate you Sir

Start with a single share of SPY. If you can’t consistently make .10-.25 cents there is no way you’ll be making thousands.

great advice, thank you

this video must be in my list,
anyone watching this video please bring me back

I will do it

If you want to test out the indicator I created that I pretty much know no one else has I need a reply.

haven't seen everything you've put out but you really helped me with the day high day low and midpoint so I programmed it for trading view and added a little to it. A midpoint between those 3 lines and it does have a purpose with some indicators.

//@version=6

indicator("DAY TRADE SUPPORT AND RESISTNACE", overlay=true, max_lines_count=500)

tz = "America/Los_Angeles"

// Get current bar's calendar day and time in PT

currY = year(time, tz)

currM = month(time, tz)

currD = dayofmonth(time, tz)

currW = dayofweek(time, tz)

currH = hour(time, tz)

// Define a synthetic "trading day ID" (handles Friday + Sunday as same day)

getTradingDay() =>

isSunday = currW == dayofweek.sunday

isSundayEvening = isSunday and currH >= 15

isFriday = currW == dayofweek.friday

// Treat Sunday after 3pm PT as part of Friday's session

isWeekendSession = isSundayEvening

dayId = isWeekendSession ? currD – 2 : currD

monthId = isWeekendSession ? currM – (currD == 1 ? 1 : 0) : currM

yearId = isWeekendSession and currM == 1 and currD <= 2 ? currY – 1 : currY

str.tostring(yearId) + "-" + str.tostring(monthId) + "-" + str.tostring(dayId)

tradingDay = getTradingDay()

// Today's 00:00 and 23:59 PT timestamps (actual calendar day)

todayStart = timestamp(tz, currY, currM, currD, 0, 0)

todayEnd = timestamp(tz, currY, currM, currD, 23, 59)

// Persistent state

var string lastTradingDay = ""

var float dayH = na

var float dayL = na

var float pH = na

var float pL = na

var float pM = na

var line[] lines = array.new_line()

newDay = lastTradingDay != tradingDay

if newDay

if not na(dayH) and not na(dayL)

pH := dayH

pL := dayL

pM := (pH + pL) / 2

// Calculate midpoints for the grey lines (25% and 75% levels)

greyLine1 = pL + (pM – pL) / 2 // 25% level (between pL and pM)

greyLine2 = pM + (pH – pM) / 2 // 75% level (between pM and pH)

// Draw yellow lines (same as before)

l1 = line.new(x1=todayStart, y1=pH, x2=todayEnd, y2=pH, xloc=xloc.bar_time,

extend=extend.none, color=color.orange, width=1, style=line.style_solid)

l2 = line.new(x1=todayStart, y1=pM, x2=todayEnd, y2=pM, xloc=xloc.bar_time,

extend=extend.none, color=color.orange, width=1, style=line.style_solid)

l3 = line.new(x1=todayStart, y1=pL, x2=todayEnd, y2=pL, xloc=xloc.bar_time,

extend=extend.none, color=color.orange, width=1, style=line.style_solid)

// Draw medium grey lines between the yellow lines

g1 = line.new(x1=todayStart, y1=greyLine1, x2=todayEnd, y2=greyLine1, xloc=xloc.bar_time,

extend=extend.none, color=color.gray, width=1, style=line.style_solid)

g2 = line.new(x1=todayStart, y1=greyLine2, x2=todayEnd, y2=greyLine2, xloc=xloc.bar_time,

extend=extend.none, color=color.gray, width=1, style=line.style_solid)

// Store all lines for cleanup

array.push(lines, l1)

array.push(lines, l2)

array.push(lines, l3)

array.push(lines, g1)

array.push(lines, g2)

if array.size(lines) > 500

for _ = 0 to 4 // Now deleting 5 lines at a time (3 yellow + 2 grey)

line.delete(array.shift(lines))

// Start new trading day

dayH := high

dayL := low

lastTradingDay := tradingDay

else

dayH := na(dayH) ? high : math.max(dayH, high)

dayL := na(dayL) ? low : math.min(dayL, low)

I started trading with $5k just last week and now I've hit $14,590. I was having this exact conversation with my son the other night – generational wealth isn't just about getting money. It's about teaching everyone not only how to make it, but also how to maintain it. It does no good for me to provide for my family if they don't understand how to manage and sustain it. That's why I really love this video

where can i learn a deeper level of trading fundamentals compared to just the basics, genuine question???

@syedmohd4707

1 day ago (edited)

If you can master, unprofitable

Trades…YOU MAY, JUST MAYBE

YOU Could make a lot of money.

Every move is a risk, so more trades

You can earn and learn more after

You mastered UNPROFITABLE

TRADES…😀 THE SAME Time EXECUTE

As much as you like for your awesome

Profit trades, that's what the professional

Traders made so much money. Try it,

Ok guy, if you really wanted to succeed

THE BEST PART..do not give up, all trades

Have risk, Including all your Profit trades.

very helpful thanks Doug, and best thing i ever did is joining your community, everyday gets me closer to my goal. Gracias