Post-Trade Clarity

Post-Trade Clarity

Author: Anarchy Analysis and Strategy Co. July 4, 2024 Duration: 18:11

Have you ever taken a trade, only to immediately regret your decision and want out? Jordan and Levi look at whether it's ever a good idea to immediately hop out of a trade, and whether this changes with experience level. Key Takeaways:

  1. Beginning traders should avoid getting out of trades immediately, as this can solidify bad habits.
  2. Good traders who have traded enough, can trust their instincts and feelings better. They know how taking a good trade feels, and so when they take a trade and it feels wrong, it may be acceptable to jump out early.
  3. Taking trades multiple times in a row after getting broken out, is similar to moving your stop loss further away... it is doubling down on a bad trade. Give the market time to reset and give you another look. Conclusion:

As a beginner, avoid jumping out of trades too quickly. This can lead to a lot of bad habits, where fear is the driving factor behind your trading. As you gain experience, though, you can begin to trust your feelings more. If you take a trade that is bad, you can begin to trust the fear that originally was keeping you back and turn it into a tool. Socials: Website: www.Anarchytrading.com Twitter: @Anarchytrading YouTube: @Anarchytrading


Most conversations about day trading are filled with promises of easy wins and complex systems that rarely deliver. Anarchy: Day Trading for Rebels takes a different path, built on the stark reality that the vast majority who try this fail. Hosts Jordan and Levi from Anarchy Analysis and Strategy Co. operate from a simple premise: if you want a different outcome, you can't follow the same advice everyone else is using. This podcast cuts through the noise surrounding forex, crypto, futures, and options to examine what actually creates sustainable results. You'll hear detailed breakdowns that challenge popular myths and a relentless focus on the foundational pillars that are often ignored-psychology, disciplined risk management, and unwavering consistency. There's a clear disdain for chasing secret indicators or paying for signals, replaced instead with practical, actionable discussions aimed at building a trader's resilience and process. It’s for those who are skeptical of the mainstream financial gurus and want a straightforward, no-nonsense dialogue about the real work involved. Tune in for a business-focused conversation that values strategic thinking over hype, designed for the entrepreneurial mind ready to question everything they've been told about the markets.
Author: Language: English Episodes: 100

Anarchy: Day Trading for Rebels
Podcast Episodes
The Perfect Trading Strategy - REPOST [not-audio_url] [/not-audio_url]

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Jordan talks about his experience hyper-scalping on 15 second candles, and why you might want to try it yourself!
Befriend Your Stop Loss - REPOST [not-audio_url] [/not-audio_url]

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How can you turn your worst enemy... the stop loss... into your best friend? Levi & Jordan share tips on how to effectively use your stop loss and turn it to your advantage, and cover topics such as trailing your stop lo…
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Can reverse copy trading turn losses into profits? A listener asked: if you’re a consistently losing day trader, could setting up a copy trader to take opposite trades actually make money? Jordan and Levi dive into the m…