That's exactly what Mark Douglas talks about in Trading in the Zone ie the emotional pain that comes from loosing a pile. That pain does something to you, it changes you you. It's where a true authentic respect for risk comes from. This trader knows his demons, and is not afraid to be honest about them. That's a human being right there
This is me. 45% drawdown in 9 months. Knife cuts every few weeks, a couple bigger hits but just a painful trip backwards. Your confidence gets smashed, you have moments of pain it’s almost unbearable where you wonder if you have the strength to reset and go again. Looking at your dreams that were at your fingertips and now far away. This is seriously tough at times. It’s NOT like the Instagram FURU’s make it out to be. As he said, when the alternative is 9-5, barely paying the bills and locked into mortgages etc for your best years…. You push past it and find the fortitude to start again.
@@dank2985 I feel you man. What you said hit hard. I was at a point I thought I was going to come apart at the seams as if two semi trucks were trying to split me a part. It was at that breaking point when it was the worst, heard a tiny voice just whisper. “Get up and try again…” I did reluctantly, hesitantly, but I’m so glad I did. That’s when I broke through my wall. Keep grinding man it will be so much more rewarding when you come out on top. Here’s to you!
@@ckweigand5574 I have never faced anything in my life more difficult than trading. It's difficulty is that it's simple. Sometimes I wish I hadn't entered this business But as you said, you must persevere and not give up, because it worth the pain. Thank you Ck & Dan
Love this guy's daily routine: meditation, trade the open, hit the gym, play poker. I wish he'd write a book. He really understands the nuances involved in trading that are not so obvious -- and the challenges. I admire the way he pushes through when things don't go his way.
Reading about people grabbing multi-figures monthly as income as trade profits even in this crazy days in the market. I've been diving deep into stock options.
The best way to find that balance between saving and living is by investing. The right trade can turn on a dime, usually the first $100k is definitely the hardest, but can easily multiply once cracked.
@Gregg Bartel The stock market may seem like a safe bet, but might end up declining in value depending on the whims of the market. I effectively utilize every opportunity to earn by trading crypto.
Love the vague generalities...here's a tip no matter what chart your looking at....above 50 ema bullish. Below 50 ema bearish....get greedy and you'll get slammed. Tight stops. And look back at the last 20 setups. Define your profit before you take the trade.....GL.
This is golden. In the same boat as far as being off my best year last year and this year has been dreadfull. Definitely eye opening to hear and its true. The grind will continue
It was so reassuring to hear about him having those days where it is impossible to stop yourself, although you should. I thought I was the only one to experience this :-D
That line of once you taste the freedom of the trailer lifestyle you don't want to go back it's 100% true I had a really good paying job for 17 years and I got a taste of the freedom that trading could give me and then six months I was out of that job training full-time and I've had some ups and downs I put them on my channel but what has pushed me through was this is something that I love to do so much that even when it gets hard I love to do it and I think I'm in love it because it's hard and not everyone can do it. But when you get to those points where you feel like giving up your love of the game pushes you through and you have that breakthrough well you're not making the same mistakes that you did before. Nice interview
good interview and insight as always but bruh you gotta get to the charts. listening to these guys talk is great but it would be nice for you to switch it up a bit and have these guys breakdown some trades.
You can find so many trading breakdowns, these interviews are so interesting and part of Alex's brand. Plenty of other places to find the content you desire 🤷
@@benlloyd9448 there's also many MANY videos on youtube where you can listen to interviews. I have a lot of respect for Alex and my comment was not with vitriol. My comment was meant to maybe possibly get more insight as to what it takes to come back from losing a million. If this type of information can be shared this is something that can possibly take Alex channel to another level. NOBODY on youtube is having verified traders on their platform who has come back from being down a million. If some visuals can be added to the commentary that would be next level if you will. See the problem with most people today they can't take constructive criticism. Criticism has been replace with the phrase "HE HATIN". There's probably hundreds of trading channels on youtube where you can listen to interviews. You don't think I know this. Would love to see Alex separate himself and continue to grow his channel. Hopes he reads this.
I've been there when you keep on trading and not caring about how much I lose. It's almost like I want to keep trading until I feel that relief from the pain of losing.
That was dope man. Good story. Might have to swing down there and trade with them sometime if i can. That would be sweet! Ya that disaster on FB, is the type of thing i worry about trying to trade more size for my acct.
WHILE ITS EARLY AND B CAN SEE THIS COMMENT, FOR FUTURE INTERVIEWS CAN YOU MAKE IT A MUST ASK QUESTION , TO ASK EVERY ONE HOW DID THEY HANDLE THE PDT RULE IF THEY DIDNT START OFF WITH 25K
Thanks for calling it gambling. It’s honest. I’m for it though, the market. The only difference is the result can be researched it’s not completely blind. Still risky but not as pressured as a table. You can count cards it would mean the same. But you can’t. Can you?
it is not being a materialist addict, if you cant control that greed of spending you're done. I prefer a homeless looking millionaire over an obvious "look at me" millionaire.
The richest dude at the country club is always the old man that has patches on his sport jacket covering the holes from decades of wear, stinks like cigars, and has a mouth like a sailor.
@@BTheStory hey man! Hope you’ll have the time to get in touch with Philakone He’s an amazing trader which I think a lot of your viewers would love to draw inspiration and motivation from. Although I already know his story (since I’m in his group), I’m sure your followers would love to hear his path to success in trading. :)) Looking forward to seeing you two possibly collab!!
Thanks for all the content you provide I have watched a lot of your videos and even though a lot of your guest are not just forex traders I get a lot from them. Thanks again.
![Kodak Black - Versatile 4 [Official Video]](http://i.ytimg.com/vi/VcP_1Ua__vY/mqdefault.jpg)
That's exactly what Mark Douglas talks about in Trading in the Zone ie the emotional pain that comes from loosing a pile. That pain does something to you, it changes you you. It's where a true authentic respect for risk comes from. This trader knows his demons, and is not afraid to be honest about them. That's a human being right there
This is me. 45% drawdown in 9 months. Knife cuts every few weeks, a couple bigger hits but just a painful trip backwards. Your confidence gets smashed, you have moments of pain it’s almost unbearable where you wonder if you have the strength to reset and go again. Looking at your dreams that were at your fingertips and now far away. This is seriously tough at times. It’s NOT like the Instagram FURU’s make it out to be. As he said, when the alternative is 9-5, barely paying the bills and locked into mortgages etc for your best years…. You push past it and find the fortitude to start again.
@@dank2985 I feel you man. What you said hit hard. I was at a point I thought I was going to come apart at the seams as if two semi trucks were trying to split me a part. It was at that breaking point when it was the worst, heard a tiny voice just whisper. “Get up and try again…” I did reluctantly, hesitantly, but I’m so glad I did. That’s when I broke through my wall. Keep grinding man it will be so much more rewarding when you come out on top. Here’s to you!
@@ckweigand5574 I have never faced anything in my life more difficult than trading. It's difficulty is that it's simple.
Sometimes I wish I hadn't entered this business But as you said, you must persevere and not give up, because it worth the pain.
Thank you Ck & Dan
@@dank2985 MAN THIS IS ALL FACTS
100 successful traders 100 different strategies...its not the charts that hold profitability it's something else...
Mindset bro.
Love this guy's daily routine: meditation, trade the open, hit the gym, play poker. I wish he'd write a book. He really understands the nuances involved in trading that are not so obvious -- and the challenges. I admire the way he pushes through when things don't go his way.
Reading about people grabbing multi-figures monthly as income as trade profits even in this crazy days in the market. I've been diving deep into stock options.
The best way to find that balance between saving and living is by investing. The right trade can turn on a dime, usually the first $100k is definitely the hardest, but can easily multiply once cracked.
@Gregg Bartel The stock market may seem like a safe bet, but might end up declining in value depending on the whims of the market. I effectively utilize every opportunity to earn by trading crypto.
@Sean Roger I’m aware of Dan Raziel, spreading funds on such multiple investments requires is quite risky, are you at bother by the risks?
Love the vague generalities...here's a tip no matter what chart your looking at....above 50 ema bullish. Below 50 ema bearish....get greedy and you'll get slammed. Tight stops. And look back at the last 20 setups. Define your profit before you take the trade.....GL.
Yeah, I opened wider my eyes when he said he still doesn’t know or hasn’t grasp charting. That was wild for me. Very interesting
Right. We all trade different
We ned Michael back on asap. So inspiring
This is golden. In the same boat as far as being off my best year last year and this year has been dreadfull. Definitely eye opening to hear and its true. The grind will continue
I appreciate the guys that share the challenges. It's encouraging.
Dude you should have kept going! This guy in particular had a great story and good knowledge to share. Get part 2 done ASAP!!
Part two next week
It was so reassuring to hear about him having those days where it is impossible to stop yourself, although you should. I thought I was the only one to experience this :-D
That line of once you taste the freedom of the trailer lifestyle you don't want to go back it's 100% true I had a really good paying job for 17 years and I got a taste of the freedom that trading could give me and then six months I was out of that job training full-time and I've had some ups and downs I put them on my channel but what has pushed me through was this is something that I love to do so much that even when it gets hard I love to do it and I think I'm in love it because it's hard and not everyone can do it. But when you get to those points where you feel like giving up your love of the game pushes you through and you have that breakthrough well you're not making the same mistakes that you did before. Nice interview
I used to work with Mike back in the day. Good dude
Awesome. Thanks for watching
haha i feel him. good talk. lost a shitload on pallidium last month. respect. and never give up. the market gives and takes. lessons learned. saffuuuu
Thanks for sharing the insight.
He looks like that suicidal guy that Jim Carrey sings to in Yes Man
After losing a million! Strong heart he’s got!
Would be hard for anyone.
Thank you for the experiences you help bring out.
I'm a new trader and hope to be on your channel one day!
Thank you to for watching
ill be on here one day mark my words and i cant wait! Another great interview, love the content
good interview and insight as always but bruh you gotta get to the charts. listening to these guys talk is great but it would be nice for you to switch it up a bit and have these guys breakdown some trades.
Thanks for watching and sharing your thoughts
You can find so many trading breakdowns, these interviews are so interesting and part of Alex's brand. Plenty of other places to find the content you desire 🤷
@@benlloyd9448 there's also many MANY videos on youtube where you can listen to interviews. I have a lot of respect for Alex and my comment was not with vitriol. My comment was meant to maybe possibly get more insight as to what it takes to come back from losing a million. If this type of information can be shared this is something that can possibly take Alex channel to another level. NOBODY on youtube is having verified traders on their platform who has come back from being down a million. If some visuals can be added to the commentary that would be next level if you will. See the problem with most people today they can't take constructive criticism. Criticism has been replace with the phrase "HE HATIN". There's probably hundreds of trading channels on youtube where you can listen to interviews. You don't think I know this. Would love to see Alex separate himself and continue to grow his channel. Hopes he reads this.
That’s the last thing we need YT is filled with them .. these trades are giving us priceless experience to grow from
Naw this interview was more important than the charts imo...
great interview! need that part 2 asap whenever you can
It’s on the way brotha
Great interview!! Loved every minute
I've been there when you keep on trading and not caring about how much I lose. It's almost like I want to keep trading until I feel that relief from the pain of losing.
I needed to hear this. Thank you 🙏
Yes of course. No worries
🔑Trading is a constant battle just like life but more extreme. 🥰Alex I love your videos! I watch them on repeat. Patiently waiting for part 2 …
Thank you Kengi!
That was dope man. Good story. Might have to swing down there and trade with them sometime if i can. That would be sweet! Ya that disaster on FB, is the type of thing i worry about trying to trade more size for my acct.
Yea crazy story brotha. Wild
It's great to see other real traders go through the same psychological issues. Its so relatable to the stuff I put on my channel
That FB IPO glitch sounds terrifying….
Yea I know. Wild stuff.
great show..u get better and better
Great interview. Alex can you do a video on how to get into a prop firm? Thanks for the content.
Amazing story! Great questions Alex!👌
Interesting, Good Luck to all the traders 🙏🏻
Lost $8k last year. Back on track now
Great Interview! loved this one!
You never got the story about his old keyboard!
Please get into more about how these traders trade. Love learning about new styles, etc.
Thank you for watching
Know when to hold them. Know when to fold them. Poker. Any links on him playing?
Great perspectives shared! You need to interview Kazonomics though
Thanks
one of the best interview
Great video, thank you!
Thank you!
Love your channel! Thanks!
I’m surprised Michael still has a full set of hair.
Lol I’m surprised I do.
WHILE ITS EARLY AND B CAN SEE THIS COMMENT, FOR FUTURE INTERVIEWS CAN YOU MAKE IT A MUST ASK QUESTION , TO ASK EVERY ONE HOW DID THEY HANDLE THE PDT RULE IF THEY DIDNT START OFF WITH 25K
Cash account, multiple accounts, or futures.
Why would he ask everyone this question? Isn't there only a couple solutions? Come on man.
@@jsssm every trader has a different way of combatting it . Would be very insightful to hear it from every successful trader !
Trade futures.
This isn’t exactly a must-ask question. There’s only really two solutions. Get 25k or use a cash account. (For equities and options)
I need someone to shut my account down on max loss
Yea. Some brokers do that. Mine does.
He reminded me of the guy from Hell Boy.. love the story bro..
Thanks for calling it gambling. It’s honest. I’m for it though, the market. The only difference is the result can be researched it’s not completely blind. Still risky but not as pressured as a table. You can count cards it would mean the same. But you can’t. Can you?
I hope this is a lesson for everyone on black swans. Speaking of which new traders should read black swan by Nassim Taleb
24:55 not going on tilt, whats that
ok i got it
i like the mike tyson quote, today I blew up 3 prop firm accounts and had to reset 3 times in one day because I kept getting angry and revenge trading
traders will have millions and look homeless
it is not being a materialist addict, if you cant control that greed of spending you're done. I prefer a homeless looking millionaire over an obvious "look at me" millionaire.
past a certain point the millions matter less and less
The richest dude at the country club is always the old man that has patches on his sport jacket covering the holes from decades of wear, stinks like cigars, and has a mouth like a sailor.
Young trader looks like 50
🤣 trading stresses you out.
is it "B the Trader" or "Be The Story"??
Heheheh
@@BTheStory hey man! Hope you’ll have the time to get in touch with Philakone
He’s an amazing trader which I think a lot of your viewers would love to draw inspiration and motivation from.
Although I already know his story (since I’m in his group), I’m sure your followers would love to hear his path to success in trading. :))
Looking forward to seeing you two possibly collab!!
inspiring
top bloke he is
who's here after blowing up their account.
u hired ur wife to be the customerservice rep for cobra comeerical??lol..luv ths guy
Drink every time he says inefficient
😊
Guys, while interviewing, keep your sneakers down that is dirty from the bottom. You guys have no manners on how to sit in the place, thanks.
😂😂😂 interview Etiquette class.
bro looks homeless
👍
way to many hand gestures with this guy.
He used to be a rapper
@@theblockcat-ain1572 makes cents.just abit distracting.this trader is interesting.
As soon as he said meditation I had to stop watching
Thanks for all the content you provide
I have watched a lot of your videos and even though a lot of your guest are not just forex traders I get a lot from them. Thanks again.