“Your trading account is revealing the effectiveness of the beliefs that you have about managing uncertainty” thats a great way to put it, Rande. As for John Coates “The Hour Between Dog and Wolf”, it should be in the library of every intermidiate/advanced trader. I read/listened to it at least 3 times over the last 2 years. Thank you for another great video, Etienne!❤
Here are some useful points to help with your trading : 1-) Your success in trading will NOT be determined by the number of green days when you are right but by the number of red days when you are wrong..Let that sink in .. 2-) You never get what you want in the markets, you always get what you deserve .. 3-) Every time you are about to enter a trade ask this question : Am I placing a bet or am I placing a trade ? 4-) Being profitable is always more important than being right 5-) Trading without a proper risk management is like driving a car with a blindfold , crash is inevitable. Trading is very hard that requires to have a complete system with different parts moving all together in alignment .. Unless you establish that system that has all the moving parts moving in alignment ( edge, risk management, and personality traits ) you will always struggle to be a consistently profitable trader ..
This was genuinely invaluable. I remember the epiphany I had when I realized I couldn't make money because I couldn't patiently sit there and watch myself lose money. 😅 But now I am so (as mentioned, Pavlovian) risk averse; I sell WAY too early or immediately cut it off if it goes against me. 🤦♂️ Still learning. 🤷♂️ Honestly, the best analogy I can think of (for those old enough to remember the early 90's) is that it's akin to playing the old Madden games for Sega: I couldn never just select the play and let the game go through the motions (like a coach/strategist) - I HAD to move the characters and change the plays up. That mentality has cost me a lot of money in trading. ...about to listen to this 5 or 6 more times and then take up transcendental meditation.
Man I have been trading for 5 years and am so exhausted with it. I know it’s me, sometimes I just don’t know how to change me in the way to continuously trade effectively. It really really shows you who you are that is for sure. 😢 😆
This has to be your best video yet, it really is the basic video that all newbie trders should internalise before they even start to think about trading Your compilation is excellent and obviously took a lot of time and effort. I will be replaying this video many times. Merci keep up the good work your efforts are much apprciated.
Very excited to check this out my brotha. I feel Mark Douglas is the absolute emperor of Market Psychology. Still very much intrigued by what your guests have to say. And thank you for so many wonderful interviews my brotha. Keep up the incredible work 💪🏾🙏🏾
just sa this video and its so re-affirming, well im a novice trader, learning market mechanics, structure and price action, the only difficulty i face is sometimes getting wiped out with liquidity but atleast with 3 months now there's hardly i react to it cause atleast now i got a control of my losses, i follow a plan of 1:3 and 2%:6% risk to reward ratio and i don't step out of this. earlier i was near to blowing up my account but now i lose only 1-2% of the total capital and then theres my exit with plans dont work 2 times or 3 times if the loss is 1%, also for the profit part, i dont greed anymore, if the plan works and trade reaches 5-6-7% i exit again, mark levels again, if the trend is continuining and trade again. its def tedious and boring but i learnt it the hard way that its calculated risk, its like running but with eyes open and not just running blindly
Hey Etienne! I've been listening to these compilations podcasts on a daily basis while on my morning walks and they sure are helping me improve my swing trading overall. These are gems. Keep them coming. Thanks!
Thank you all adivice is great!! Today I started a challange and set up 3 trades and all of didnot trigger by les than a pip. But it went my direccion at least lol
Now, I Just realized that the secret to making a million is saving for better trades. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money trading. For example last year I Traded with 10k in Crypto and made about $146k,but guess what? I put it all back and traded again and now I am rounding up close to a million
Good idea about compiling excerpts from interviews into one thematic video. It might be even better to choose a theme for the video first and then interview a few experts on that topic. I think this approach would make the final product more coherent.
Bro its impossible to only risk 1 or 2%. Most options contracts cost in the hundreds just for 1 contract. How do you expext a regular guy who makes 60k a year to have that much money in a trading account to be able to limit risk that much? I put in a grand and one contract i have like 900-600 left after that one contract
@DesireToTRADE yeah if youre learning forex is the way to go just to get the charts down so you dont lose abunch of money because options is for sure expensive
Hi, can you talk a little bit clearly, pls? Sometimes its very difficult to understand you. You might be very good guy, but the pronunciation is a disaster. Sorry. PS: perfect contents
BRO ! Can you make more ! This is exactly what everyone needs
I certainly will!
“Your trading account is revealing the effectiveness of the beliefs that you have about managing uncertainty” thats a great way to put it, Rande. As for John Coates “The Hour Between Dog and Wolf”, it should be in the library of every intermidiate/advanced trader. I read/listened to it at least 3 times over the last 2 years. Thank you for another great video, Etienne!❤
Literally blew my mind with that insight!! I played it many times and I found myself hearing it again randomly throughout the day in my head.
I rewatch TONS of these videos...every few months I pick out new nuggets because I understand different subtle concepts in new ways.
That's what they're there for :-)
I usually don't comment on videos, but this is pure value!
Thank you! I’m glad you liked it!
Here are some useful points to help with your trading :
1-) Your success in trading will NOT be determined by the number of green days when you are right but by the number of red days when you are wrong..Let that sink in ..
2-) You never get what you want in the markets, you always get what you deserve ..
3-) Every time you are about to enter a trade ask this question : Am I placing a bet or am I placing a trade ?
4-) Being profitable is always more important than being right
5-) Trading without a proper risk management is like driving a car with a blindfold , crash is inevitable.
Trading is very hard that requires to have a complete system with different parts moving all together in alignment .. Unless you establish that system that has all the moving parts moving in alignment ( edge, risk management, and personality traits ) you will always struggle to be a consistently profitable trader ..
@@mustafabaris9681 what is a difference between a bet and a trade. Unless you can see the future the trade = the bet.
This was genuinely invaluable. I remember the epiphany I had when I realized I couldn't make money because I couldn't patiently sit there and watch myself lose money. 😅 But now I am so (as mentioned, Pavlovian) risk averse; I sell WAY too early or immediately cut it off if it goes against me. 🤦♂️ Still learning. 🤷♂️
Honestly, the best analogy I can think of (for those old enough to remember the early 90's) is that it's akin to playing the old Madden games for Sega: I couldn never just select the play and let the game go through the motions (like a coach/strategist) - I HAD to move the characters and change the plays up. That mentality has cost me a lot of money in trading.
...about to listen to this 5 or 6 more times and then take up transcendental meditation.
Man I have been trading for 5 years and am so exhausted with it. I know it’s me, sometimes I just don’t know how to change me in the way to continuously trade effectively. It really really shows you who you are that is for sure. 😢 😆
Just listened to this and put it straight back to the beginning......great episode!
Thank you!
absolutely outstanding and of great great help. Great Job. " The Greatest Traders in the World have FOMO"...Thanks a lot
Glad you liked it!
Some of the best advice for anyone wanting to become consistent
There's definitely some gold in this masterclass. That's one of the best I've seen. I wouldn't pick out a particular element. It's all relevant.
I’m glad to hear that!
This has to be your best video yet, it really is the basic video that all newbie trders should internalise before they even start to think about trading Your compilation is excellent and obviously took a lot of time and effort. I will be replaying this video many times. Merci keep up the good work your efforts are much apprciated.
Glad you enjoyed it! More to come :)
Etienne, this video is phenomenal and wanted to thank you for the share
Thank you very much Etienne for what are you doing for us. God bless you!
I’m really glad I could help!
Wow what an amazing collection of gold trading tips and information!! Earned a sub with this one!!!
I’m very glad to hear that!
Absolutely pure gold! ❤
Very excited to check this out my brotha. I feel Mark Douglas is the absolute emperor of Market Psychology. Still very much intrigued by what your guests have to say.
And thank you for so many wonderful interviews my brotha. Keep up the incredible work 💪🏾🙏🏾
Yes, Mark Douglas is awesome! Wish I had the chance to interview him.
This video is Gold! Thank you!🙏🏻
I needed to hear it.
just sa this video and its so re-affirming, well im a novice trader, learning market mechanics, structure and price action, the only difficulty i face is sometimes getting wiped out with liquidity but atleast with 3 months now there's hardly i react to it cause atleast now i got a control of my losses, i follow a plan of 1:3 and 2%:6% risk to reward ratio and i don't step out of this. earlier i was near to blowing up my account but now i lose only 1-2% of the total capital and then theres my exit with plans dont work 2 times or 3 times if the loss is 1%, also for the profit part, i dont greed anymore, if the plan works and trade reaches 5-6-7% i exit again, mark levels again, if the trend is continuining and trade again.
its def tedious and boring but i learnt it the hard way that its calculated risk, its like running but with eyes open and not just running blindly
Hey Etienne! I've been listening to these compilations podcasts on a daily basis while on my morning walks and they sure are helping me improve my swing trading overall. These are gems. Keep them coming. Thanks!
Glad to hear that!
Thank you for this video. I think we all need a healthy dose of good trading psychology advice.
You brought all the guns- Rande is my guy
Awesome masterclass! Probably best trading psychology videos I’ve seen
Super glad you liked it!
I agree!
Thank you all adivice is great!! Today I started a challange and set up 3 trades and all of didnot trigger by les than a pip. But it went my direccion at least lol
Love this, thank you Etienne 😍
Glad you like it!
Awesome ❤
Great compilation, well structured.
Thank you!
Good content bro
This is gold ❤
Bro this is really good content. Most of the speakers are talking about exactly what i go through. I really needed this. Thanks again.
Glad it was helpful!
Good stuff thank you
Glad you enjoyed it
Now, I Just realized that the secret to making a million is saving for better trades. I always tell myself you don't need that new Maserati or that vacation just yet. That mindset helped me make more money trading. For example last year I Traded with 10k in Crypto and made about $146k,but guess what? I put it all back and traded again and now I am rounding up close to a million
Thanks E great advice
Great Video on trading psychology 👍 I loved it 😊
Thanks for watching!
@@DesireToTRADE This video is very helpful to me 👍
Thanks for this
Thank you so much for this video. I just blew my account leverage trading and not really understanding risk...this was unbelievably helpful!!
Great value video. Thank you
Glad you liked it!
Thanks alot mate for this content lessons are really valuable for trading journey 😊
Amazingly helpful advice, thank you so much 😊
Good content. Thank you.
Good!!
Awesome video! Very well done great speakers!!
Glad you enjoyed it!
Awesome collection!
Much appreciated!
Thank you
Good idea about compiling excerpts from interviews into one thematic video. It might be even better to choose a theme for the video first and then interview a few experts on that topic. I think this approach would make the final product more coherent.
good job, let's have more
I’ll make it happen!
Great video!
Thank you 🙏🏼
Nice!! ❤thank youuu!
******* Great Episode.
Thank you!
The first five minute are priceless
great video thanks
Awesome nuggets here to take on board,with action
Glad to hear that!
Thank you all for the valuable information
Blessings to you all from Puebla, Mexico.
I think I saw you few days ago in Ari - Thailand
That's possible :-)
Please what Is the name of the book he recommended ?
Bro its impossible to only risk 1 or 2%. Most options contracts cost in the hundreds just for 1 contract. How do you expext a regular guy who makes 60k a year to have that much money in a trading account to be able to limit risk that much? I put in a grand and one contract i have like 900-600 left after that one contract
There are cheaper markets like Forex to start with. Options or futures is more tricky unless you have capital or get funded by a prop firm.
@DesireToTRADE yeah if youre learning forex is the way to go just to get the charts down so you dont lose abunch of money because options is for sure expensive
Like the part “one trade is just a play in the game, not the whole game”. 🔥
"To identify pattern with higher probability among randomness of the market".
Wow ive been there,i take profits too early
Thank God these presenters aren’t like those clueless guys in their 20s talking gibberish. It’s refreshing to see they really understand the matrix.
Keep your risk parameters low
Ya you wanna win when all you do is fkn lose 😣
Hi, can you talk a little bit clearly, pls? Sometimes its very difficult to understand you. You might be very good guy, but the pronunciation is a disaster. Sorry. PS: perfect contents
Zero chance FTT survives. Took me three minutes on Google to find out Scott's past and recognize what was coming .
Thanks for this