PROCESS VS OUTCOME | Which Mindset Are You?
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- Опубликовано: 7 ноя 2019
- In this week's RUclips Episode, we discuss what it means to have a process vs outcome mindset.
Mark discusses why it is important to put more emphasis on the journey rather than the outcome.
Many traders only think about making big returns and mostly focus on the end goal, but don’t think about what they need to do in order to achieve the goals they have set themselves.
Mark shares some practical tips on how he works on, and improves his processes, as well what he does when his goals get bigger.
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Great video Mark, one things to note from my experience is that when implemeting new processes it naturally is going to take some time to get used to the new habit, and more often than not it's going to feel like you're going back, in the short term it may even affect you're results, but don't be discouraged! If you keep on going and you know this new process will benefit your scalability, in the long run it's only going to beneft you!
I get caught in outcome driven at times and thanks for this content ..this feels like it outing my mistakes out thanks for this wonderful video 🙏🙏🙌🏻🙌🏻🙌🏻
Such a great video - That's one of my biggest takeaways from Falcon and the community. Processes = KEY. Again, great video Mark and team.
Morning and Evening Routines and Content Scheduling has been an extreme help in my trading journey. Fire video Mark love the content as always
I was not sure if I've been on the right path, and now my process is validated, thanks to Falcon
Thank you 🙏 would love to see a video on risk reward and how you manage reward as you move in your trade. I trade 1-3 rr minimum but would love to see falcons thoughts 🦅
You can never be great without embracing responsibility,I stopped my job as an independent contractor and i started trading what i got in one month is far bigger than my profit on contract jobs..i Make $50k in two weeks
I have comeback again to this video after 10 months because my trading has been spiralling down, which largely i think because i had put my focus on the outcomes ( the % per month) to an extent i didn't care anymore what i was risking just obssesed with the potential profit i would catch which fortunately didn't happen and lost it all. But i believe though it was a horrible experience but a game-changer as probably i would be growing bad habits that would sabotage more my trading journey. Now ts time to unlearn bad habits, learn the strategy again and come back again to re-learn.
Thank you for these videos, See u at the top.
Really needed this bro! Thanks!
Thank you for explaining the difference, never really thought about it.
It's been 2 years but still make sense just watched it now still a few things need to change. But thanks Mark
Very POWERFUL
more is less love that... process is one of the key and outcome is someone saying unlock the goal fast🤔
Nice one boss.
You have the most valuable content on RUclips
in my process, I set my margin levels to half of its potential trade amount then set either r 123 / s 123 that way my trade has more probably of itm finish
Hey Mark... Thank you for the value you and your team give us... I am wondering if you could give us some insides into how you backtest how you do your ASR...
Thanks for the suggestion!
Hello dear sir
What's is the second trend line in that channel what's the reason for that draw .. I sawn in many of your videos in channel small trend line will be there that's the pressure of market ?
Thank you 😊
Great content👌🏻🙏
Great learn.
with witch app you get notes in right screen ?
excellent content
God bless you man am glad I found your channel
Another banger 🙌🏽👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼🙌🏽
hello sir do i get the strategy you use it (patterns) if i join your course from your website??
Mark Your Content Always Perfect
Sultan Waleo thanks for the love! 🦅🦅
Thanks for the contents. Keep up with the good work......
Naidoo Mulijani FX Thanks! Glad you’re enjoying it.
@@FalconFXTrading Appreciate the content, I wasn't looking for trading content when I searched on RUclips, but recently started transitioning from a HODler to a trader in Crypto and joined a trading group aimed for beginners. Hard to stay focused when hearing about everyone's massive gains which distracts me from sticking to the process sometimes, wanting results fast and potentially overtrading.
This video is the one 🙏🙏
🙌🙌🙌
falcon forever🦅👨💻
Thank you mark for all your content, but how can someone who is still struggling focus on the process..
Remember why you're doing it so the struggle is worth it.
follow the process
Very valuable content again, Marc! And you are absolutely right: consistency comes from a process oriented mind!!!!
Absolutely!
Yes have focus much on outcome and end blowing up my account, FOMO
Congrats on coming to this realization! Now we take action to mitigate against this from happening again.
Amazing Video :)
Thanks so much for watching!
Great video
Thanks, Edwin!
Thank you for this video. She taught me a lot. Continue I love this styl of video !!!!
Glad you liked it! We’ll be releasing a lot more content for the remainder of this year 🙂
Has anyone here used fidelity investments for forex? I would like to know as I want to sign up with them and need to know how good they are. thanks.
If you outcome drive you will have a lot of emotions involved which can affect your trades
Brian Chaks Perfectly summed up! Emotions often drive us to make mistakes.
Bro Give us weakly forex forcust
Any who is a Falcon?
Sultan Waleo yes ;j
Sultan Waleo Hey were a community of traders from over 100 different countries! 🙂
I am...great community
Yes I'm a member
@@Manandothegoat Please Email Me Bro Via Sultanwaleo@gmail.com
I want to join the falcon family
It is not cheap.,...
You on it ?
I don’t understand, if you make stable 5% per month and you don’t have enough money, then why not just increase the lot?🤔🤨🤷🏻♂️💁🏻♂️
Hi!
I recommend watching the video a couple more times and really pay close attention to what Mark is saying about being outcome vs process driven.
- Outcome: Making as much money as fast as possible by taking average trades = Poor Results
- Process: Minimizing risk and generating consistent profitable results over a long period of time by taking high probability trades = Great Results