POST MORTEM (BIGGEST YouTube win ever).

Summary

In this reflective video, the speaker shares his trading experience, emphasizing that success in trading is about mental agility and discipline, not just technical skills. He admits to feeling nervous during a significant trade, highlighting the emotional challenges of the profession. The speaker also discusses his intentions behind live trading on YouTube and Telegram, aiming to demonstrate that large-scale trading is achievable and to inspire others. He questions the value of showcasing large profits over teaching solid trading strategies and expresses a desire to show vulnerability to encourage authenticity in the trading community.

Takeaways

• 😌 The speaker believes trading is more about mental agility and faith in one's methodology rather than technical expertise.
• 🏃‍♂️ A comparison is made between trading and running a marathon, emphasizing incremental progress and resilience.
• 📈 The speaker aims to demonstrate that trading big size is achievable, similar to Roger Bannister breaking the 4-minute mile record.
• 📺 The speaker experienced nervousness while trading live on YouTube, which was a new emotional challenge.
• 🤔 There is introspection about whether the fear was due to the money risked or the fear of public failure.
• 📈 The speaker re-entered a trade after closing it on YouTube, showing a continued commitment to trading despite the fear.
• 🚫 The speaker criticizes the common trading advice of focusing solely on strategy, advocating for a more holistic approach.
• 💡 The intention behind the YouTube and Telegram channels is to show that successful trading is possible with a different mindset.
• 💔 The speaker feels vulnerable and acknowledges the limits encountered during the trading session, suggesting the need for reflection.
• 🌐 The speaker wants to provide an authentic representation of trading, including the emotional challenges, to counter the often manipulated image on social media.
• 🔄 The speaker considers pausing YouTube performances to reflect on the true purpose of their teaching and the impact of their public presence.

Q & A

What was the speaker's initial motivation for starting a Telegram Channel and later a YouTube channel?

The speaker started a Telegram Channel and later a YouTube channel to teach people how to trade, emphasizing that trading is more about mental agility, faith in one's methodology, and self-confidence rather than technical expertise.

How does the speaker compare trading to training for a marathon?

The speaker compares trading to training for a marathon by stating that both require setting small goals, building resilience to stress, and incrementally increasing one's capacity to handle challenges.

What was the significance of the speaker trading big size in the market?

The speaker wanted to demonstrate that trading big size is achievable and to provide a visual representation of what it feels like to trade large amounts, similar to how Roger Bannister's breaking of the 4-minute mile inspired others.

What was the emotional situation the speaker encountered while trading on YouTube?

The speaker experienced nervousness for the first time in years while trading on YouTube, which was an emotionally challenging situation that they had not previously encountered.

Why did the speaker decide to do a postmortem of the trade they executed?

The speaker wanted to document their experience of feeling fear during a trade and to reflect on whether this fear was due to the money at risk or the fear of public perception.

What is the speaker's view on the role of strategy in trading?

The speaker believes that trading does not necessarily require a heavy focus on strategy, but rather simple, effective techniques that require discipline and a different mindset from what most educators promote.

How does the speaker feel about the public display of vulnerability in trading?

The speaker feels that showing vulnerability in public can give others permission to feel vulnerable too, which is important because many people present an idealized version of their trading that doesn't reflect reality.

What is the speaker's opinion on the linear nature of trading compared to other professions?

The speaker emphasizes that trading is not a linear business, unlike a job where you receive a paycheck at the end of the month for your work; trading is much more unpredictable and complex.

What did the speaker decide to do after reflecting on their YouTube performance?

After reflecting on their YouTube performance, the speaker considered pausing their YouTube presence to rethink their approach and ensure that their teaching is not overshadowed by the spectacle of making money.

Who are the individuals the speaker mentioned as inspirations in their trading journey?

The speaker mentioned David Paul and Charlie D'Amico as inspirations in their trading journey, particularly highlighting D'Amico's quote about the nature of being a good trader.