Uploaded January 2024 | Updated September 2026, 2 weeks ago
โ Trade with our Sponsor Broker: Trade Nation financial-spread-betting.com/ccount/click.php?id=95
๐ด Trading is Risky! 74 to 89% of retail investors lose money!
โ Check our website: financial-spread-betting.com
โ Please like, subscribe & comment if you enjoyed - it helps a lot!
Trader's Dilemma: To Confirm or Not to Confirm? ๐คทโโ๏ธ๐ผ Timing is Everything! โณ Why Confirmation Could Be Costing You Profits. Confirmation can Kill the Trade. Be Braver. Sometimes waiting for confirmation can kill a trade, sometimes it pays to be braver. Confirmation can be defined as waiting for some strength if you're a buyer (waiting to go long). You want an extra layer of confirmation before you take the trade. And this often means giving up a chunk of price but sometimes giving a better certainty for the trade.
There are some trades where probably you are better off waiting for confirmation, but for others you might be better off taking the trade immediately (as we will see).
Be a Brave Trader! ๐ Overcoming Confirmation Bias in Trading
The video discusses the impact of waiting for confirmation before making a trade.
Confirmation is defined as waiting for strength (for a long trade) or weakness (for a short trade) before entering.
Mark argues that waiting for confirmation can lead to missed opportunities and suggests being braver in some cases.
Different trade scenarios are presented, emphasizing the importance of risk management.
Mark discourages excessive reliance on confirmation, stating it can result in missed entry points.
The importance of timing and understanding market dynamics is highlighted, with examples provided to support the argument.
โ Our channel sponsor for this month are Trade Nation meaning these guys are covering our costs of operation. We only accept reputable and properly regulated providers as sponsors. Please support us by trading with this provider. Trade Nation offer the popular MT4 platform as well as an easy-to-use web trading platform with fixed spreads.
Sign up with Trade Nation: financial-spread-betting.com/ccount/click.php?id=95
๐ Disclaimer ๐
81.7% of retail investors lose money when trading CFDs and spread betting with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Related Videos
Unconscious Bias: Is It Killing Your Trading Gains!? โคต๏ธโคด๏ธ๐ฑ
youtube.com/watch?v=wnaMOZZ7Zpw
SHOULD YOU WAIT FOR A CANDLE TO CLOSE? ๐ฏ๏ธ
youtube.com/watch?v=0rjE65Y0aS4
Waiting for Confirmation Might Be Killing Your Profits ๐ข
youtube.com/watch?v=eHhG3FUfIsg
โ Trade with our Sponsor Broker: Trade Nation financial-spread-betting.com/ccount/click.php?id=95
๐ด Trading is Risky! 74 to 89% of retail investors lose money!
โ Check our website: financial-spread-betting.com
โ Please like, subscribe & comment if you enjoyed - it helps a lot!
Trader's Dilemma: To Confirm or Not to Confirm? ๐คทโโ๏ธ๐ผ Timing is Everything! โณ Why Confirmation Could Be Costing You Profits. Confirmation can Kill the Trade. Be Braver. Sometimes waiting for confirmation can kill a trade, sometimes it pays to be braver. Confirmation can be defined as waiting for some strength if you're a buyer (waiting to go long). You want an extra layer of confirmation before you take the trade. And this often means giving up a chunk of price but sometimes giving a better certainty for the trade.
There are some trades where probably you are better off waiting for confirmation, but for others you might be better off taking the trade immediately (as we will see).
Be a Brave Trader! ๐ Overcoming Confirmation Bias in Trading
The video discusses the impact of waiting for confirmation before making a trade.
Confirmation is defined as waiting for strength (for a long trade) or weakness (for a short trade) before entering.
Mark argues that waiting for confirmation can lead to missed opportunities and suggests being braver in some cases.
Different trade scenarios are presented, emphasizing the importance of risk management.
Mark discourages excessive reliance on confirmation, stating it can result in missed entry points.
The importance of timing and understanding market dynamics is highlighted, with examples provided to support the argument.
โ Our channel sponsor for this month are Trade Nation meaning these guys are covering our costs of operation. We only accept reputable and properly regulated providers as sponsors. Please support us by trading with this provider. Trade Nation offer the popular MT4 platform as well as an easy-to-use web trading platform with fixed spreads.
Sign up with Trade Nation: financial-spread-betting.com/ccount/click.php?id=95
๐ Disclaimer ๐
81.7% of retail investors lose money when trading CFDs and spread betting with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Related Videos
Unconscious Bias: Is It Killing Your Trading Gains!? โคต๏ธโคด๏ธ๐ฑ
youtube.com/watch?v=wnaMOZZ7Zpw
SHOULD YOU WAIT FOR A CANDLE TO CLOSE? ๐ฏ๏ธ
youtube.com/watch?v=0rjE65Y0aS4
Waiting for Confirmation Might Be Killing Your Profits ๐ข
youtube.com/watch?v=eHhG3FUfIsg










