{"id":52441,"date":"2020-08-12T10:42:47","date_gmt":"2020-08-12T15:42:47","guid":{"rendered":"https:\/\/priceactiontradingsystem.com\/?p=52441"},"modified":"2026-08-07T21:06:19","modified_gmt":"2026-08-08T02:06:19","slug":"live-trade-example-by-student-failed-second-entry-short","status":"publish","type":"post","link":"https:\/\/priceactiontradingsystem.com\/live-trade-example-by-student-failed-second-entry-short\/","title":{"rendered":"Live Trade Example by Student &#8211; Failed Second Entry Short"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">This is a live trade by a student named Evan. Evan takes advantage of a failed second entry short here. This is great chart reading and how you anticipate failures in advance. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Even has indicated that his win percentage is now over 80%, and he was able to achieve this level of skill by trading and studying diligently for many hours. I want to post a small snippet of his reply to me so that others can see that what I suggest works.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Evan said: &#8220;I don&#8217;t know if you remember me, but I was one of those who bugged you constantly for a few months. You pushed me out of the nest and it was the best thing for me. After about 70 days of trading in the sim, I managed to double a 10k account and had 83% accuracy over about 200 trades. Now I am dipping my feet in live and had a video I wanted to submit for the channel if you approved of it.&#8221;<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Many of you are wanting more hand holding and it is not that I mind helping, but the process works if you follow it. That process is trading daily and then diligently studying your trades and figuring out what went wrong. You should only email me for feedback or questions when you simply can not figure something out on your own. By studying your trades and charts and trying to figure out what went wrong, you improve your trading and speed up the learning curve. The key is getting as much screen and trading time as possible, then the study of your trading and charts, learning your tendencies and correcting them. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Everyone&#8217;s tendencies will be slightly different, so it is critical that you study your trades and chart daily, as that is what will make you a better trader. Sim trade as much as possible. Do not worry if you are wrong or right when trading, just try to follow the rules and take the trades that you think fit our criteria. Enter the trade, put your stop and target where they go and just let it play out. Do not exit early, do not worry about the trade, just let it play out, wrong or right. Then at the end of the day, your real work starts as you study those trades and figure out what you did wrong and correct it. Figure out what you did right and reinforce the good decisions. If you truly can not figure something out, that is when you come to me. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you follow this process, you will start to make strides and you will start to become a better chart reader and a better trader. This is a skill, and like any skill, repetition and practice make you better at it. Never lose sight of that fact! I will get off of the soap box now and let you watch this trade. Enjoy!<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe title=\"Live Student Trade - Failed Second Entry Short\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/1M4c5wgMiNQ?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe>\n<\/div><figcaption>Live Trade Example of a Failed Second Entry Short.<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>This is a live trade by a student named Evan. Evan takes advantage of a failed second entry short here. This is great chart reading and how you anticipate failures in advance. Even has indicated that his win percentage is now over 80%, and he was able to achieve this level of skill by trading [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":51832,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[90,1],"tags":[],"class_list":["post-52441","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-live-trades","category-all-articles-related-to-price-action-trading","pmpro-has-access"],"rttpg_featured_image_url":{"full":["https:\/\/priceactiontradingsystem.com\/wp-content\/uploads\/2020\/07\/Trading-Live.jpg",1512,798,false],"landscape":["https:\/\/priceactiontradingsystem.com\/wp-content\/uploads\/2020\/07\/Trading-Live.jpg",1512,798,false],"portraits":["https:\/\/priceactiontradingsystem.com\/wp-content\/uploads\/2020\/07\/Trading-Live.jpg",1512,798,false],"thumbnail":["https:\/\/priceactiontradingsystem.com\/wp-content\/uploads\/2020\/07\/Trading-Live-150x150.jpg",150,150,true],"medium":["https:\/\/priceactiontradingsystem.com\/wp-content\/uploads\/2020\/07\/Trading-Live-300x158.jpg",300,158,true],"large":["https:\/\/priceactiontradingsystem.com\/wp-content\/uploads\/2020\/07\/Trading-Live-1024x540.jpg",1024,540,true],"1536x1536":["https:\/\/priceactiontradingsystem.com\/wp-content\/uploads\/2020\/07\/Trading-Live.jpg",1512,798,false],"2048x2048":["https:\/\/priceactiontradingsystem.com\/wp-content\/uploads\/2020\/07\/Trading-Live.jpg",1512,798,false],"rt_custom":["https:\/\/priceactiontradingsystem.com\/wp-content\/uploads\/2020\/07\/Trading-Live.jpg",1512,798,false]},"rttpg_author":{"display_name":"Mack","author_link":"https:\/\/priceactiontradingsystem.com\/author\/mack\/"},"rttpg_comment":12,"rttpg_category":"<a href=\"https:\/\/priceactiontradingsystem.com\/category\/all-articles-related-to-price-action-trading\/live-trades\/\" rel=\"category tag\">Live Trades<\/a> <a href=\"https:\/\/priceactiontradingsystem.com\/category\/all-articles-related-to-price-action-trading\/\" rel=\"category tag\">Non Member Articles (Free)<\/a>","rttpg_excerpt":"This is a live trade by a student named Evan. Evan takes advantage of a failed second entry short here. This is great chart reading and how you anticipate failures in advance. Even has indicated that his win percentage is now over 80%, and he was able to achieve this level of skill by trading&hellip;","_links":{"self":[{"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/posts\/52441","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/comments?post=52441"}],"version-history":[{"count":1,"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/posts\/52441\/revisions"}],"predecessor-version":[{"id":101379,"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/posts\/52441\/revisions\/101379"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/media\/51832"}],"wp:attachment":[{"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/media?parent=52441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/categories?post=52441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/priceactiontradingsystem.com\/wp-json\/wp\/v2\/tags?post=52441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}