Are You Doomed to Fail? This Mark Douglas Trading Psychology Reveals All

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  • Опубликовано: 13 сен 2024
  • Struggling to turn a profit despite a solid trading strategy? You're not alone. Many traders fall victim to hidden mental roadblocks that sabotage their success. But fear not! This video dives deep into the world of Mark Douglas Trading Psychology, revealing the psychological secrets behind winning trades.
    In this video, you'll discover:
    Why most trading strategies fail (and it's not what you think!)
    The surprising mental factors that impact your trading decisions
    Powerful techniques from Mark Douglas to overcome emotional roadblocks
    How to develop a winning trader mindset for long-term success
    And much more!
    Stop letting your psychology hold you back. Watch now and unlock the secrets to mastering the market!
    *I Blew Many Accounts Until.... *: • My Forex Trading Story...
    *Improve Your Trading Psychology: 5 Practical Tips*: • Video
    *Prop Firm TRADING: Why 99% Traders FAIL*: • Why 99% Traders FAIL |...
    *Risk Management Trading: Strategies for Success*: • Risk Management Tradin...
    *How to Identify Legitimate Prop Firms*: • Prop Firm Trading Scam...
    *Smart Money Concepts EXPLAINED*: • Smart Money Concepts E...
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    Disclaimer - Not Financial Advice:
    The content presented here, along with any downloadable resources accessible through this channel, is not intended to be considered or interpreted as financial advice. I am not a qualified attorney, accountant, or financial advisor, and I am not representing myself as such. The information provided on this channel should not be regarded as a replacement for personalized financial advice from a professional who is familiar with your specific circumstances.
    While we have made diligent efforts to ensure the accuracy and usefulness of the information and resources available here, it is essential to understand that nothing on this channel should be seen as a suggestion to forego consulting with a financial expert regarding your unique situation. Always seek guidance from a qualified professional.
    Furthermore, none of the content provided here should be construed as investment advice; it is solely intended for entertainment purposes. Please note that the included links may lead to affiliate commissions or referrals. As a participant in an affiliate network, we may receive compensation from partnered websites. The information in the video is accurate as of the posting date but may not remain accurate in the future.

Комментарии • 81

  • @theprofitsch
    @theprofitsch  4 месяца назад +3

    My Forex Trading Story:: ruclips.net/video/7pRdTH9FZtE/видео.html

  • @jameseldridge3445
    @jameseldridge3445 3 месяца назад +49

    Discipline, Probabilities, Patience

  • @Zotrades
    @Zotrades 4 месяца назад +67

    all those year trying to find magic indicator and pattern or some dope strategy. After experience, to me trading is all about a game of probability with discipline.

  • @funkibaydawood4751
    @funkibaydawood4751 2 месяца назад +8

    If you're buying place your order when the price of the market is very low so that you have 70% of chances to take profit. Do the opposite when you're selling. That's what I understood recently and started winning 70% of my trades.

  • @bosslic_
    @bosslic_ 14 дней назад +1

    your channel is phenomenal!! thank you so much for addressing all this crucial deeply rooted humans fears and psychological obstacles

  • @CensoredComment-os8py
    @CensoredComment-os8py 4 месяца назад +119

    "Indicators are like a compass. They show you the direction, but don't account for the wind, nor the current, nor the storm ahead".
    When I figured that out? I went RIGHT BACK to paper trading. I mean I went right back to the beginning of it all and relearned EVERYTHING.
    Started looking more at the weekly and day charts. When I did this? The market started looking more like people rather than candles. It also taught me my biggest lesson. MORE PATIENCE!! STOP TRYING TO BE THE ROCK STAR DAY TRADER!!
    You do have to Day Trade every trade.
    You should see all the monopoly hotels I own now!! I'm going to trade like this for about 2 more months and then get back in the game.
    Sometimes it's good to relearn from scratch what you THOUGHT you knew.

    • @theprofitsch
      @theprofitsch  4 месяца назад +4

      I couldn't have summarised it better. Thank You!

    • @CensoredComment-os8py
      @CensoredComment-os8py 4 месяца назад +1

      @@theprofitsch
      NOOO!!! Thank YOU for posting this video.
      Its exactly what I needed right about now.

    • @Siwe-dj2ey
      @Siwe-dj2ey 4 месяца назад +4

      Bro I have the skill but my problem is Patience 😢

    • @theprofitsch
      @theprofitsch  4 месяца назад +5

      Are you aware, patience is also a skill? One that you can learn too.

    • @rubenmoreira5791
      @rubenmoreira5791 3 месяца назад +1

      ​@@Siwe-dj2ey when in doubt journal it down

  • @midhunkv4714
    @midhunkv4714 2 месяца назад +6

    Patience is king

  • @Derrick1981y
    @Derrick1981y 2 месяца назад +4

    I've been trading on and off for close to 8 years. I can't keep it together for long with out over trading and blowing up. I've been told that I don't want it bad enough or I would do what I do. I think if you can accept a loss with out feeling you have to make it back right then, that could be a small part of beating the horrible habit of over trading and spiraling out of control and losing it all and blowing the account. I wish I could be happy with $100 a day and not feel I have to make 1k a day, everyday. I know I need to change. I keep thinking I will hear a speech that will change my inner being. But I've been waiting on it for years now. I hope I can change before it's too late.

    • @yobroluu
      @yobroluu 2 месяца назад +1

      when you concur your mistakes it makes you closer to profitability

    • @sharm999
      @sharm999 2 месяца назад +1

      Maximum 2 trades a day (Depending on your strategy) No compromise. There are days you don't need to trade.

    • @gunzbutta3754
      @gunzbutta3754 2 месяца назад

      You got this first step is acknowledging it keep grinding

  • @Timeless_Trader
    @Timeless_Trader 4 месяца назад +2

    A great video for all new as well as seasoned traders. Absolutely emotion fixer and resets your brain to think in probabilities. Many thanks.

  • @pandurangasettyvenu7897
    @pandurangasettyvenu7897 3 месяца назад +5

    No intraday only swing trades with proper hedging works.

  • @Guillegonzalez7
    @Guillegonzalez7 Месяц назад

    This information is just AMAZING! THANK YOU SO MUCH for sharing this. 🙌🏼

  • @Spaztrik88
    @Spaztrik88 2 месяца назад +3

    how do you tell the AI voice bot to put the correct emphasis on the right syllable for 'Ethhunn's' name???

  • @shanegts2662
    @shanegts2662 25 дней назад

    Really great video. Game changing

  • @ryansav1527
    @ryansav1527 14 дней назад

    If you become a successful trader then you need to feel and experience the pain and struggling of this career in 2 to 3 years or more

  • @theexecutor2647
    @theexecutor2647 4 месяца назад +1

    This was absolutely excellent! ❤

  • @vishalnangare31
    @vishalnangare31 4 месяца назад +1

    Great sir, thank you 🙏

  • @michaelgabrielcube233
    @michaelgabrielcube233 Месяц назад

    3:00
    Liquidity grab

  • @georgemitchell1248
    @georgemitchell1248 4 месяца назад

    A great video for new traders.

  • @MercyLive..
    @MercyLive.. Месяц назад

    Great video!

  • @user-pl6bo7fc8d
    @user-pl6bo7fc8d 24 дня назад

    forex is all about predicting the price then manage the risk.you cant forget predicting the price.

  • @Snard_official
    @Snard_official 4 месяца назад

    Powerful psychology lessons but here comes my Q how long does psychology part play to become adaptive to the market sentiments

    • @theprofitsch
      @theprofitsch  4 месяца назад +7

      The psychology play is a continuous thing sir.
      We are emotional creatures and market movement is so erratic that it wont stop messing with your mind.
      You keep going, getting used to it. Until you don't need a reminder because you are now unconsciously conscious.
      Hope this answer helps you.

  • @criessmiles3620
    @criessmiles3620 4 месяца назад +6

    The Caucasian gets mentored
    The brown man crying 😢!
    Cheers from west Africa
    🦅

    • @eflon137
      @eflon137 3 месяца назад

      The 14th amendment in America is the real institutional racism

  • @BossmanJames96
    @BossmanJames96 4 месяца назад +2

    "Are you high Ethan" 😂

    • @theprofitsch
      @theprofitsch  4 месяца назад +2

      Maybe a little high on life, who knows? 😂😂😂

  • @phantomcollector9960
    @phantomcollector9960 3 месяца назад +1

    Thanks!

    • @theprofitsch
      @theprofitsch  3 месяца назад +2

      I am always happy when I see that people find these videos helpful and appreciates it. Thank you very much.

  • @RJskillz612
    @RJskillz612 2 месяца назад

    Try adding listening to trading subliminals before bed and when you wake up. 💎

  • @ivantsanov3650
    @ivantsanov3650 3 месяца назад +6

    Buy and hold. It's that simple.

    • @user-lk7zr5hm9y
      @user-lk7zr5hm9y 3 месяца назад +1

      Did you do that with WeWork Inc?

    • @QUANT_Trader88
      @QUANT_Trader88 3 месяца назад +3

      No pay attention the news helped him win the trade news is very helpful it helped me win a lot of trades

    • @petecardona8203
      @petecardona8203 Месяц назад

      Where to get this news? Any options?😊

  • @GameGearDaily
    @GameGearDaily 3 месяца назад +2

    Lol. Jumped into shorts knowing 0. Ate shit hard. 13k and 17k losses in my first 2 days. Can laugh about it now...

  • @muhammedsuleiman8047
    @muhammedsuleiman8047 4 месяца назад +2

    Man i love douglas this video is fire

    • @paulatwebb3057
      @paulatwebb3057 3 месяца назад

      HOW ABOUT BUYING HIS BOOKS? YOU "LOVE" HIM YET YOU WON'T BUY A BOOK?

  • @emmanuelbassey6829
    @emmanuelbassey6829 4 месяца назад +1

    😍 thanks

  • @marclearchansa7309
    @marclearchansa7309 4 месяца назад

    i cant wait

  • @MATRIX78.
    @MATRIX78. 4 месяца назад +1

    Thanks for this video

    • @theprofitsch
      @theprofitsch  4 месяца назад

      Thank you, glad you find it useful.

    • @paulatwebb3057
      @paulatwebb3057 3 месяца назад

      HOW ABOUT BUYING THE BOOKS OF MARK DOUGLAS?????

  • @karthickc1066
    @karthickc1066 4 месяца назад

    Thank you for this content ❤

  • @10thPanzerKorps
    @10thPanzerKorps 3 месяца назад +3

    Just hold on to your winners for at least 12 hours. You ll thank me later.

  • @kexh
    @kexh 4 месяца назад +1

    Great video

  • @Thetabringer
    @Thetabringer Месяц назад

    This is why I’m struggling !! I can fucking study CQD but I can’t do what some idiot in a Lamborghini is doing?

  • @bee444skate9
    @bee444skate9 4 месяца назад +1

    Damn Ethan

  • @vineetverma4547
    @vineetverma4547 2 месяца назад

    Good cartoons

  • @favthenewkid
    @favthenewkid 3 месяца назад +2

    Why are these animated figures black? They never worked in finance until affirmative action

  • @doddgarger6806
    @doddgarger6806 3 месяца назад +1

    "Mostly the successful institutional traders are dumb people " 😅 ... Ok

  • @bigrob1887
    @bigrob1887 3 месяца назад +3

    Literally the same garbage as every other youtube 'trading' video.

    • @albertwhitesideiii6204
      @albertwhitesideiii6204 2 месяца назад +1

      That might be why you are a member if the 90 -90-90 group.

    • @bigrob1887
      @bigrob1887 2 месяца назад

      @@albertwhitesideiii6204 If you're here watching videos like this, thinking that it will give you some kind of edge, chances are you are in the same group!

  • @JavanKibet-lv7kw
    @JavanKibet-lv7kw 4 месяца назад +2

    GREAT ADVICE

  • @emmanuelbassey6829
    @emmanuelbassey6829 4 месяца назад

    😍 thanks