The Art Of Being a Disciplined Trader | REAL TALK

Summary

The speaker emphasizes the importance of real discipline in trading and life, equating it to the opposite of procrastination. They share personal struggles and insights on building discipline through consistent action and overcoming bad habits. Highlighting the concept of 'meta skills', the speaker encourages viewers to improve areas like fitness, diet, and mental well-being to enhance trading performance. The video serves as a call to action for traders to focus on self-improvement and discipline to achieve success in trading and life.

Takeaways

• 😀 Discipline is the opposite of procrastination and mastering it can lead to better trading and overall life performance.
• 💪 To reduce procrastination, one should engage in the desired skill or habit more frequently, and avoid bad habits.
• 🏋️ Building a disciplined life is crucial for personal growth and success, as it impacts all areas of life including business and personal health.
• 🌱 The speaker emphasizes the importance of discipline as a 'meta-skill' that enhances other life skills and contributes to overall well-being.
• 📈 High-performing individuals, such as athletes and business people, tend to be more disciplined, which is a trait that can be developed and improved.
• 🧘‍♂️ Developing discipline involves more than just trading; it includes aspects of life like physical fitness, diet, reading, and meditation.
• 📚 The speaker suggests that even activities that are initially disliked can strengthen discipline, and thus should be pursued for self-improvement.
• 🚫 To build discipline, one must push beyond the comfort zone and engage in activities that are challenging and perhaps initially unenjoyable.
• 🔄 The process of becoming disciplined is cyclical; as one area of life improves, it creates a positive effect that enhances other areas.
• 🛑 The speaker advises to eliminate non-meaningful activities like excessive social media use to focus on meaningful self-improvement.
• 🌟 The ultimate goal is to become a better human and trader by focusing on discipline, self-improvement, and meaningful pursuits.

Q & A

What is the main topic of the video script?

The main topic of the video script is the art of real discipline and its importance in improving one's trading skills and overall life.

What is the relationship between discipline and procrastination as discussed in the script?

In the script, discipline is described as the exact opposite of procrastination, emphasizing the need to do the opposite of what one would do when procrastinating to develop discipline.

How does the speaker suggest improving discipline in trading?

The speaker suggests that improving discipline in trading can be achieved by doing the opposite of procrastination, which is to stick to the plan and execute trades consistently.

What is the speaker's view on the importance of discipline in life?

The speaker believes that having a disciplined life is one of the most important pursuits, as it leads to building, achieving goals, and overall personal growth.

Why does the speaker emphasize the importance of discipline even when it comes to non-trading activities?

The speaker emphasizes the importance of discipline in non-trading activities because discipline is a meta-skill that reflects on all aspects of life, including trading performance.

What are some examples of meta-skills mentioned in the script?

Some examples of meta-skills mentioned in the script include language proficiency, mental health management, writing, reading, and studying.

How does the speaker describe the impact of discipline on a person's life when they are not engaged in productive activities?

The speaker describes the impact as potentially leading to feelings of depression and a sense of being stuck in a hole with no way out, highlighting the importance of staying productive.

What is the speaker's advice for building discipline in one's personal life?

The speaker advises engaging in activities that challenge oneself, such as going to the gym, eating healthily, reading, meditating, and doing things that one may not like but are beneficial.

Why does the speaker suggest that doing things one dislikes can actually improve discipline?

The speaker suggests that doing things one dislikes can improve discipline because it requires overcoming initial resistance and forming a habit, which in turn strengthens one's ability to be disciplined.

How does the speaker relate the concept of discipline to the idea of stepping out of one's comfort zone?

The speaker relates discipline to stepping out of one's comfort zone by stating that if one is not challenging themselves and doing things they dislike, they are not improving their discipline and may actually be regressing.

What is the speaker's personal strategy for maintaining discipline and improving their character?

The speaker's personal strategy includes doing things they dislike, such as taking cold showers, immediately when they realize they should do them, to build and maintain discipline.

Outlines

00:00

🤔 The Struggle with Real Discipline

The speaker begins by discussing their personal struggle with discipline, particularly in the context of trading and sticking to plans. They emphasize the importance of discipline as the opposite of procrastination and suggest that mastering it can lead to improved trading skills. The speaker shares their realization that consistency in activities like going to the gym, despite not seeing immediate results, is a form of discipline. They propose that building a disciplined life leads to a sense of accomplishment and happiness, and that discipline is essential for personal and professional growth, especially in high-performance jobs.

05:01

🏋️‍♂️ Developing Discipline as a Meta Skill

In this paragraph, the speaker delves into the concept of discipline as a 'meta skill' that impacts all other aspects of life. They argue that skills like language proficiency, mental health, and reading are foundational and should be honed to their best. The speaker uses the example of memorization taught in school as a form of discipline and shares a personal anecdote about an academic friend who has demonstrated exceptional study habits and discipline. They suggest that working on discipline off the charts, such as going to the gym, eating healthily, and meditating, can improve one's trading performance and overall life satisfaction.

10:02

🚫 Escaping the Comfort Zone for Greater Discipline

The final paragraph focuses on the idea that stepping out of one's comfort zone is crucial for building discipline. The speaker advises finding activities that are challenging or disliked to practice discipline, using the example of cold showers. They argue that once an activity becomes enjoyable, it no longer serves as a discipline builder, and one must seek new challenges. The speaker shares their personal commitment to improving discipline in all areas of life, including reducing social media consumption and focusing on meaningful activities. They conclude by encouraging viewers to prioritize self-improvement and discipline to achieve success in trading and life.

Keywords

💡Discipline

Discipline refers to the practice of training oneself to follow a set of rules or a pattern of behavior, often to achieve a particular goal. In the video, it is the central theme, emphasizing the importance of discipline in trading and life. The speaker shares his personal struggles with discipline and how mastering it can lead to better trading results. Examples include sticking to a trading plan and the speaker's consistent gym attendance despite dietary lapses.

💡Procrastination

Procrastination is the act of delaying or postponing tasks or actions, often leading to reduced productivity. The video script contrasts discipline with procrastination, suggesting that reducing procrastination is a path to increased discipline. The speaker implies that by doing the opposite of procrastination—taking action and following through on plans—one can improve their discipline.

💡Meta Skill

A meta skill is a foundational skill that enhances the ability to learn and perform other skills. The video discusses how discipline is a meta skill that reflects on all other aspects of life. The speaker gives examples of other meta skills such as language proficiency, mental health, and reading, and argues that improving these skills can have a positive impact on one's overall effectiveness, including trading.

💡High Performance

High performance refers to the ability to consistently perform at a superior level. The script mentions high-performance athletes and business people as examples of individuals who tend to be more disciplined from the start. The speaker suggests that this is because they have developed the meta skill of discipline, which translates into excellence in their respective fields.

💡Risk Management

Risk management is the process of identifying, assessing, and controlling risks to minimize or avoid negative impacts. In the context of the video, the speaker mentions that having a risk management plan in place is essential for traders, indicating that it is part of the discipline required to succeed in trading.

💡Trading Coach

A trading coach is a professional who provides guidance and training to individuals involved in trading, with the aim of improving their skills and performance. The speaker identifies himself as a trading coach and shares his observations about discipline levels among his clients from various backgrounds, highlighting the universal need for discipline in trading.

💡Comfort Zone

The comfort zone is a metaphorical space where an individual feels at ease, without experiencing stress or anxiety. The video encourages viewers to step out of their comfort zones by doing things they dislike or find challenging, as a way to build discipline. The speaker warns that staying within the comfort zone can lead to stagnation and even regression.

💡Consistency

Consistency refers to the quality of being steady and invariable over time. The script emphasizes the importance of consistency in building discipline, whether it's going to the gym, eating healthily, or following a trading plan. The speaker suggests that consistent actions are what build discipline and lead to improved results in trading and life.

💡Mental Game

The mental game refers to the psychological aspects of performance, including mindset, focus, and emotional control. In the video, the speaker discusses the mental game as a critical component of trading success, suggesting that a disciplined mind can lead to better trading outcomes. Improving one's mental game is part of the broader pursuit of self-improvement and discipline.

💡Social Media

Social media are platforms that allow users to create and share content or participate in social networking. The speaker in the video advises viewers to limit their consumption of social media, which can be unproductive, and instead focus on meaningful activities that build discipline. The speaker contrasts the passive consumption of social media with the active pursuit of self-improvement.

💡Persistence

Persistence is the continued effort to achieve a goal despite difficulties or obstacles. The script mentions persistence as a key element in becoming a better trader and building discipline. The speaker's personal example of returning to YouTube after focusing on self-improvement illustrates the importance of persistence in achieving one's goals.

Highlights

The art of real discipline is discussed as a critical aspect of personal and trading success.

Discipline is the opposite of procrastination, and mastering it can lead to better trading outcomes.

The importance of doing the opposite of procrastination to improve discipline is emphasized.

A disciplined life is presented as the most worthwhile pursuit for building business, making money, and personal growth.

The negative impacts of a lack of discipline on mental health and overall life satisfaction are discussed.

The human need for purposeful action and the consequences of not fulfilling this need are highlighted.

Discipline is identified as a meta-skill that reflects on all other aspects of life.

High-performance individuals are observed to be more disciplined from the start in various fields.

The concept of meta-skills and their importance in life, including language, mental health, and reading, is explained.

The value of learning to do things you dislike as a way to build discipline is presented.

The idea that discipline can be improved by consistently doing things you initially dislike is shared.

The speaker's personal experience with cold showers as a method to build discipline is mentioned.

The positive feedback loop of discipline in one area of life improving other areas is described.

The impact of social media and the need to focus on meaningful activities instead of mindless consumption is discussed.

The speaker's personal commitment to improving discipline and the sacrifices made for it are shared.

The call to action for viewers to improve their discipline both on and off the trading charts for better results.

The final message encourages viewers to become better humans and traders through discipline.

Transcripts

today we're going to talk about the art

of real discipline and this is a topic

that I've struggled with for so long

where I wouldn't be able to do the real

hard work I wouldn't be able to stick to

my trades I wouldn't be able to stick to

the plan um I wouldn't be able to do

anything right the only thing that I was

doing consistently I would say was going

to the gym but then again I was not

eating the way I should to see great

results right so today I really want to

go through it with you the art of real

discipline and how you can become a much

better Trader by mastering this so what

is discipline really it is the exact

opposite of procrastination and whenever

I heard this for the first time whenever

I start realizing this that this is the

case it all changed for me so definitely

wanted to share that with you guys it is

the opposite of

procrastination and how can you

procrastinate less we have been talking

about this in all of the videos is how

can you improve a skill more or how can

you

make a bad habit less more frequent is

by doing the skill more times or by

doing the bad have less often so same

thing here how can we start to

procrastinate less how can we start to

respect a plan more is by doing the

opposite right or if we're talking about

the plan by doing it more often and this

is easier said than done but it is

definitely

the thing most worth pursuing in life I

think personally the thing most worth

pursuing in life is literally having a

disciplined life where you're building

stuff you're building a business you're

making money you're doing your thing

right because if this all goes away

believe me I'm talking about experience

you will feel more depressed than than

you could ever imagine you will just

fall in a hole and and it seems like

there's no way out of it and then when

you start doing those things you will

feel like you're on top of the world

again like you're not only out of the

hole but also on the mountain next to it

right and that is Bey because we as

humans we are designed to do things

especially men we are designed to do

things and to get ahead to work your ass

off to build things and if you're not

doing that then of course your body is

going to feel very bad because it is not

doing what it is designed to do so that

should be your goal a more disciplined

life so that you have more more output

so that you can do more hours so that

you can become a better Trader and this

is what I not often see someone talk

about they say okay be disciplined

everything like that but how do you do

that how how are you more

disciplined and this is definitely

something that probably is lacking in

the training Community where there's

just real talk and just telling you how

to do things and how to get done so

I'm trying to fill that Gap and really

making it my mission to to get you so

step steps ahead and just 1% better

every day so now practical how can we

become more disciplined on the charts

off the charts you always hear me saying

that trading is a representation of

yourself it is the guy you see when you

look in the mirror right or or the woman

you see when you look in the mirror and

you should be doing anything to improve

that guy right because if that guy is

better then your child results will be

better like 100% guaranteed I can give

you that so you have to start thinking a

lot bigger picture than you're doing

right now to improve your results of

course your strategy needs to be in

place of course your risk management

plan needs to be there all of those

things need to be in place but now this

mental game how do you fix that and most

of this can be fixed already by being a

disciplined person for people that know

I've been a trading coach for probably

the last two years and I absolutely love

helping people getting ahead but what

I've seen what I've noticed is that I've

had clients from all parts in the world

I've had clients from all age groups and

I've had clients from all professions

right what I would often see and this is

not me generalizing but I see things

coming back more often with certain

groups than others and what are these

things I see that overall people that

are in high performance jobs so I have

coached high performance athletes I have

coached high performance business people

what I would often see is that they were

more disciplined from the get-go than

for example someone that was just

working at 9 to5 or someone my age

normally they're not that disciplined as

well and again not generalizing some of

the guys I'm working with that are my

age are more disciplined than me and

some more mature more veteran people are

less disciplin than me um so it is not

typically a generalization but overall

these are the aspects that I see and

this is purely because discipline is a

meta skill and what do I mean by meta

skill a meta skill is basically one of

the skills that you need to have in your

life that is going to reflect on all

other aspects of life so for example how

good your language is that's a metal

skill your discipline is a meta skill

your mental health having that on point

is a meta skill writing super Metal

skill reading meta skill right these are

the things that you benefit the most if

you pursue them and if you make them as

best as possible Right a 10 out of 10

because they will ref in every aspect of

life ma by the way also a very big meta

skill that people just oversee and

overall these are a bit of the things

that are teached in in school and people

say okay we don't need um anything that

they teach in school and this is totally

not true because they're teaching you

metal skills even with history and and

and all of these almost BS subjects that

we are that we got even though I love

history and I think it is very important

but just to give an example they're

teaching you how to memorize right so

very very important and if you do this

more often and more more often and more

often you get better at it and also by

learning things you don't like you're

getting disciplined to still learn this

to still study this I have a m and um

he's my age actually and he's an

academic this guy is like super smart

super disciplined he has a very good

metal skill that he really knows how to

study and I think there is nobody that

is watching this video that has has

studied me as much as this guy and

already by doing that he's like earned

all of my respect because he has these

big meta skills right he has a

discipline he knows how to study and

only because of these two things even if

we are not looking at his charts I'm

100% certain that he will be a very good

Trader now just the only thing that he

needs to have is persistence to stick

with it long enough to make it work but

I have no doubts in that but this go to

show that you need to have these meta

skills and to make a long story short to

work on your discipline on the charts

you also need to work on it off the

charts so you need to go to the gym you

need to have your food in the right

place stop doing the junk food just eat

healthy food what you can all of it is

just one ingredient things that you cook

yourself read meditate just things even

if you don't like it that is even better

if you don't like it actually because

then it will improve your discipline if

you start to like it let's say for

example you dislike reading it takes you

a lot of effort to start reading so

whenever you pick up the book and you

start reading you're actually improving

your discipline now let's say you're

into it one month of reading this book

and you actually start to enjoy it now

of course your knowledge is going to to

be improved by whatever you're reading

maybe your reading skills are getting

improved but your discipline won't get

improved anymore because it is not a

hassle for you or not a barrier for you

to go overcome to start reading this

book so then you have to find something

else again to start and try and

improving yourself that's why they

always say the comfort zone is where you

get killed if you're not getting forward

you're getting backwards what they mean

with this is that if you're not doing

things that challenge you if you're not

doing things that you dislike you're not

challenging your discipline and your

discipline will actually decrease in

instead of increase so for me for

example whenever I have something that I

don't like I almost always do it

immediately as I know it will improve my

discipline is good for my character for

example I hate cold showers but whenever

I start with cold showers I just go for

it right I just do it and then I try to

keep this own persistently because then

again if I don't do this it's going to

take me a lot of discipline again to

start doing this again go plunges maybe

going for a run maybe going to the gym

if you're not used to it try and find

things that challenge you try and find

things that you don't like but still

would benefit with you try and find

things that are hard for you and start

doing all of it start doing it

consistently and start building your

discipline now what you will see is

whenever you have built this discipline

whenever you are building your

discipline everything in life will

probably starting to be great as

everything always goes hand in hand if

one thing of your life increases and it

goes well the other thing will as well

you always have this positive effect

where it runs and it runs and once the

machine is running everything goes up

and for me this is well whenever I start

going to the gym consistently again

let's say I'm going out of a rad and

starting to focus on my health starting

to focus on my food what I eat my

meditation my results on the charts are

probably the best they have been in the

month or in the year even this happened

to me not once not twice but like over

10 times so it is like the biggest proof

to me that this works this concept works

so if you're really serious about

trading and getting your stuff together

just get your life together as well

because especially in this day and age

with social media it is very easy to do

things that are not meaningful at all so

stop the scrolling stop the Instagram

and Tik Tok consuming stop the fastwood

consuming and really startop working on

your life really start improving

yourself and some of you might say okay

this is all extreme can't I have a

little bit fun anymore I was going to be

hard and was going to say no you can't

but if you really want to to make this

work just give up some of these things

for some time right just work just

improve

if you really want this bad enough then

you would have given up everything a

long while ago already because for me

this is everything I ever want right

succeeding in this and I give up

everything for it that I need that's why

my social media game has been so whack

while all the other YouTubers have been

pumping videos and Instagram reals and

everything like that I was just doing

one video a month right I was just

focusing on myself improving my

discipline getting better results making

community coaching people in a better

way just doing things that matter and I

now have done all of these things and

now I want to head back to YouTube again

but still I'm not going to consume

anything I'm only going to produce so on

that note we're going your discipline

become a better human become a better

Trader and I hope you enjoyed this video

I hope you learn a thing or two and I'll

see you in the next one bye-bye guys