Hope/Fear/Greed - Managing Emotions in Trading
HTML-код
- Опубликовано: 5 мар 2017
- ✅ Trade with our Sponsor Broker: Trade Nation www.financial-spread-betting.c...
Hope/Fear/Greed - Managing Emotions in Trading David Paul, Financial Trader and Managing Director of Vector Vest UK comments. If you found value in watching this video, PLEASE LIKE AND SHARE so we can do more! We've touched about controlling your emotions in trading - I do a workout everyday and it really helps. Give demo accounts a month or two but then switch to a real money account - virtual accounts lack the emotions - so use a real money account but start very small.
✅ 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: www.financial-spread-betting.c...
📜 Disclaimer 📜
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.
👉 Trade with our Sponsor Broker: Trade Nation www.financial-spread-betting.com/ccount/click.php?id=95 Trade sensibly! 81.7% of retail investors lose money.
👉 We are seeking more contributors who can produce great video educational content about trading for our channel. If you think you have what it takes please get in touch by sending a message to traderATfinancial-spread-betting.com (remove the AT and substitute by @).
👉 It seems a lot of our viewers are non-subscribers. Make sure to subscribe to our youtube channel as we upload regular videos! If you hit the “Bell” icon (🔔) you will receive a notification on youtube every time that we upload a video on our channel. Bell icon hitters are super fans of our channel 🥰
My biggest downfalls in trading are my emotions and greed. Those two combinations cause me to trade when I shouldn't and stay in a trade when I should get out. which is weird cause I'm usually not a greedy person
This guy is incredibly underselling himself. After watching these interviews i have a lot of respect for him.
Have a plan.
Trade your plan.
Dont trade outside your plan.
If needed, change your plan.
Counteract every fomo habits you have
How this channel doesn't have 100k + subs is beyond me.
Some of the best trading interviews I've ever seen on YT
When you have a big position on a winning trade, it often ends up as a losing trade. Because you will end up exiting on a loss when you get hit by volatility. Something a learned in the past.
This David Paul guy is amazing. Wonderful person with vast knowledge of the markets. This interview should be referenced time and time again, for new and veteran traders.
I lost my trading psychology. 😕. Came back to watch him again to remember what I've learnt from him
I agree, I made 20k on a real good trade, I managed to then loose over 9k over 4 weeks. I took a step back, I have been persistent and despite a loosing streak I am now becoming profitable and have learnt huge amounts from the loss and gain. If you let losses make you quit then you do not deserve gains. Education costs money and I can assure you, I have paid for mine emotionally and financially, however technically I only lost 9k out of 20 so the education was free in it's own way. Remember to take profits, soon as the trend bends make sure you END it, do not hope it will bounce back, its game over.
I believe demo trading is very important in the beginning. I see it as a boxer training for a fight, sure training and sparring are not the same, but you can't go into a real fight without training.
I came here always when fear possessed me fear of open a trade fear of losing my profits to get some energy... emotions are really hard to train it and it won't be trained only if ya trade with a real account. Best of luck to all of ya dear colleagues
5:05 there is a little secret here. Listen to this bit. It took me nearly 12 years to find this out. He just spelt it out so easily.
This guy has a lot of knowledge, and seems to be a very pleasant guy with a nice sense of humour 👍
Thanx UK for these interviews
3 people aren't in touch with their emotions. Another great talk from Mr Paul, he may be my favourite guest for overall knowledge on this channel, followed closely by Steve Ruffley for philosophy, Mark Sturdy for technical advice, and Francis Hunt for practical application.
This guy is really awesome. Thanks a lot for sharing your wisdom with us.
I love this channel! Amazing stuff
Shooting range analogy 👍🏾
Top man, insightful. The interviewer is really lovely :)
I wouldn't say you stop the thoughts, that just creates more internal conflict, best to let them happen but don't hang on them.
That’s what I do. Put 10% in then build my position depending on where the stock goes
Baby steps. that is myself. Happy to make £20 per trade on 50p
I took infant steps, make 1 dollar on 10p....
Is there a full video on this?
Thank you for this video i really need to hear it
Brilliant Ideas
My positive trades ratio higher than losing but still I'm not making profits because when I lose 1 trade, I take 2 trades without proper analysis n that's the beginning of downfall which involves my emotions. Honestly, struggling even now n not gonna give up but this isn't an easy journey to learn n earn but practice has important role also
That was excellent
Underrated.
This is gold
his speaking in terms of stock but im currently learing how to trade forex and ic can see how this can apply to all types of trading because its all the same just different assets being trades
Very informative video. Greeting from Angola 🇦🇴
My problem is my analysis is perfect, i have ptsd, i freeze up and i cant click on the trade, fear that it will turn against me, even though i have seen so many times i am right on my analysis. I see my set up, i just freeze and dont enter.
After six months of doing active trading strategies so far I already profit over 10% from my orginal investment (is a small operation) but it could have been way better however I screwed it up due to my poor emitonal control, for example I sold Moderna and Disney stocks before they reached their highest gains just because I wasn't patient enough and of course I felt like the dumbest person on earth but as some say time beats timing and I'm here cause I don't want to make that kind of mistakes again.
There are old traders there are Bold traders... Then there's David Paul
This is a class act! If you want more, a similar book is the perfect follow-up. "A Life Unplugged: Reclaiming Reality in a Digital Age" by Theodore Blaze
Nice bird x
I wonder how his portfolio is doing now.
Babypips...babysteps 👍🏻
Questions are you prepared to be successful
That’s all well and good in theory, but all bets are always off for me whenever I’m in it, watching the market move against me is a horrible feeling. Painful
By using a good Ea your emotions can not blow your account
I seriously thought that was AOC 👀
This man David Paul was a great man .
The interviewer however , in a previous interview when asked what the chance of two 50:50s in a row she said she didn’t know !!! He told her a quarter … a half x a half
He later asked her what the chance of three 50:50s in a row were …..
She said I don’t know ❤
Why is somebody of this calibre interviewing a master of his craft ?
It would be like me asking George Bush a question about Iraq and sitting back and when he asks me a question I just say I don’t know ❤
Pathetic really
No one is rooting for the interviewer, very intelligent looking lady with a beautiful laugh
Lost over 40000 IM NOT GONNA GIVE UP!!!!!!!!😅
I am here cuz I greedy today
WOW, this woman is so infatuated with him.