12 Laws of the Top 1% Trader

Summary

这段视频脚本分享了一位交易者如何从破产的大学生成长为成功的交易员和企业家的故事。他强调了耐心、纪律和风险管理在交易成功中的重要性，并提出了成为顶尖交易员的12条法则，包括不断改进、保持谦逊、选择目的而非享乐、专注于过程而非结果以及适应市场变化等。他鼓励观众通过改变日常习惯来改变自己的生活，并以交易业务的心态对待交易，最终实现财务自由。

Takeaways

• 🌟 成功的交易并非源于辛勤工作，而是正确的决策。顶尖的交易者知道何时交易，何时不交易，他们设置警报，只在收到交易信号时才决定是否进入交易。
• 🐉 交易中的耐心至关重要。在交易前，你需要耐心等待完美的交易机会；在交易中，你需要让交易自然发展；交易后，你需要耐心地处理和记录交易结果。
• 🤝 不要与内心的野兽谈判。听从内心的野兽，你将在生活中取得巨大成功；而听从内心的恶魔，你将继续亏损。
• 💡 保护资本比赚钱更重要。沃伦·巴菲特的名言强调了资本保值的重要性。在交易中，正确管理风险是保护资本的关键。
• 📈 每天都要比前一天进步1%。通过持续的小改进，随着时间的推移，这些改进将产生复利效应，带来显著的长期成果。
• 🏆 永远不要满足于现状。市场总是充满不确定性，你需要每天都努力变得更好，保持初学者的心态，不断学习和提高。
• 🎯 选择目标而非享乐。真正的幸福不来自物质财富，而是来自于早起、帮助他人、良好的睡眠、锻炼、正念、专注交易等基本而乏味的事物。
• 💼 把过程看得比金钱更重要。你无法控制交易的结果，但你可以控制你的交易过程。专注于你的系统和纪律，利润最终会随之而来。
• 🔄 承担全部责任。对自己的交易负责，无论是赢是亏。接受市场的结果，从中学习，调整你的交易策略。
• 🌱 长远思考。设定清晰的人生目标和愿景，这将帮助你在交易中保持动力和专注。
• 🚀 选择纪律而非动力。纪律比短暂的动力更为持久。每天的每一个小胜利都会积累成巨大的成果。
• 🔄 适应或失败。市场不断变化，专业的交易者会根据市场的变化调整他们的思考和位置。

Q & A

成功交易的第一条秘诀是什么？

成功交易的第一条秘诀是耐心。在交易中，你不会因为努力工作而得到报酬，而是因为你做出了正确的决策。顶尖的交易者不会整天盯着图表，他们知道何时该交易，何时不该交易。

为什么说在交易中耐心是重要的？

耐心在交易中很重要，因为交易成功并不总是与努力工作成正比。你需要耐心等待完美的交易机会，只在满足你的交易条件时才进场。此外，交易过程中要有耐心让交易自然发展，不要无谓地移动止损或止盈点。交易后，要有耐心处理和记录你的交易，即使处于亏损状态。

如何定义交易中的“内在野兽”和“内在自我”？

在交易中，“内在野兽”代表着坚定、自律和不找借口的态度，它鼓励你专注于执行力而非结果，即使面对亏损也能坚持下去。而“内在自我”则是那个总是找借口、寻求捷径、不愿意承担责任的声音，它会让你偏离交易计划，最终导致交易失败。

为什么说遵循交易计划对于成为顶尖交易者至关重要？

遵循交易计划对于成为顶尖交易者至关重要，因为它能帮助你保持纪律性，避免情绪化的决策。计划中的规则和策略是基于理性和市场分析制定的，而不是基于短期的市场波动或情绪反应。坚持交易计划，即使在面对亏损时，也能确保你的交易决策是一致和可追溯的。

沃伦·巴菲特的哪句名言在交易中被强调？

沃伦·巴菲特的名言“永远不要亏钱”在交易中被强调。这句话强调了资本保护的重要性，即在交易中应该专注于保护你所拥有的资本，而不是仅仅关注你可能赚取的利润。

为什么说每天进步1%对于交易者来说很重要？

每天进步1%很重要，因为这种持续的小幅改进会随着时间的推移而复合增长。虽然短期内可能看不出明显的效果，但长期来看，这些小的改进会累积成显著的成果。这种持续的自我提升能够帮助交易者在市场中保持竞争力，不断提高交易技能和策略。

为什么说选择目的而非快乐是成功交易的关键？

选择目的而非快乐是成功交易的关键，因为物质享受和短暂的快乐往往是表面的，不会带来长期的满足感。而一个清晰的目的和愿景能够激励交易者在面对困难和挑战时保持坚持和努力。专注于长期的目标和内在的满足感，而非短期的快乐，能够帮助交易者保持动力和专注。

为什么说过程比结果更重要？

过程比结果更重要，因为你无法控制交易的最终结果，但你可以控制自己的交易过程。通过专注于执行交易计划、风险管理和纪律性，长期来看，利润自然会随之而来。专注于过程能够帮助交易者保持一致性和稳定性，避免因单次交易的结果而产生情绪波动。

如何理解交易中的“全权负责”？

在交易中，“全权负责”意味着交易者要对所有的交易决策和结果负责。无论盈亏，交易者都需要接受这是自己决策的结果，而不是将责任推给市场或其他外部因素。这种责任感能够帮助交易者从错误中学习，不断改进策略，避免重复同样的错误。

为什么说适应性是交易成功的关键？

适应性是交易成功的关键，因为市场是不断变化的，交易者需要能够快速适应市场的变化，调整自己的交易策略和位置。市场条件的变化可能会影响价格走势的幅度和持续时间，因此交易者需要灵活应对，而不是固守过时的策略或偏见。

如何将交易视为一种业务来对待？

将交易视为一种业务来对待意味着交易者需要像经营任何其他业务一样对待交易。这包括设定季度目标、制定交易计划、遵循一套交易规则、跟踪进度和审查交易结果。交易者需要对自己的资金负责，像对待业务一样对待交易，市场也会相应地认真对待交易者。

Outlines

00:00

🚀 成功交易的秘密：耐心与决策

本段讲述了作者从破产的大学生到成功交易者和企业家的转变过程。他强调，成功交易的关键不在于努力工作，而在于做出正确的决策。作者分享了成为顶尖交易者所需的耐心，以及如何在交易前、交易中和交易后保持耐心。他还提到，成功的交易者不会每天都交易，而是等待完美的交易机会，并且在没有市场机会时保持耐心和纪律。

05:01

🌟 内心斗争：战胜内心的野兽

这一部分讨论了每个人内心都有的两种声音：内在的天使和野兽。作者强调，听从内心的野兽会导致巨大的成功，而听从内在的天使则会导致持续的失败。他提到，成功的交易者会承担责任，专注于过程而非结果，即使在连续亏损时也能坚持下去。作者鼓励观众每天通过四个行动来释放内心的野兽：对自己承诺、设定高标准、做别人不愿意做的事情、消灭内心的天使。

10:02

📈 每日进步1%的力量

作者分享了每日进步1%的重要性，强调这是成为顶尖交易者的关键。他解释说，虽然每天的小改进可能看起来微不足道，但随着时间的推移，这些改进会累积并产生巨大的影响。他提到，通过持续的小改进，一年后你将比现在好37倍。作者还提供了三个简单的步骤来实现每日进步：做更多有效的事情、消除一个交易错误、检查你的进步。

15:04

💭 超越物质追求的精神满足

在这一段中，作者探讨了物质追求与精神满足之间的关系。他通过个人经历说明了物质财富并不能带来真正的幸福。作者认为，真正的幸福来自于早起、帮助他人、良好的睡眠、锻炼、专注交易和进入流动状态等简单而基础的事物。他鼓励观众找到自己的幸福定义，追求目的而非仅仅是快乐，并为此做出改变。

20:04

💪 纪律与责任感：交易成功的关键

作者在这一段中强调了纪律和责任感在交易成功中的重要性。他提到，专注于过程而非结果，意味着要对自己的交易决策和结果负责。作者分享了自己的经历，说明了如何通过接受失败并从中学习来提高交易技能。他还强调了长期思维的重要性，并鼓励观众制定清晰的人生目标和愿景，以此来激励自己每天取得进步。

25:04

🔄 适应或失败：市场变化中的灵活性

这一部分讲述了市场不断变化的特性，以及交易者需要适应市场变化的重要性。作者指出，初学者往往不理解市场背景，而专业交易者会根据市场的变化调整自己的策略。他强调，交易者需要对市场的变化做出反应，而不是将自己的观点强加于市场。作者还提到，市场的背景将决定价格移动的规模和持续时间，因此交易者需要灵活适应市场新情况。

🏢 交易如同经营业务：专业态度

作者在这一段中将交易比作一项业务，强调了以专业态度对待交易的重要性。他提到，大多数人在没有计划的情况下进行交易，这实际上是在赌博而非真正的交易。作者建议设定季度目标、制定交易计划、遵循交易规则、跟踪进度、回顾交易并不断改进，这些都是将交易当作业务来对待的方法。他还推荐了价格行动训练营和交易蓝图，以帮助交易者在21天内掌握价格行动交易，并加速他们的交易成功之旅。

Keywords

💡耐心

耐心是指在交易中不急于求成，而是等待最佳交易机会的能力。在视频中，耐心被视为成功交易者的重要品质之一，他们知道何时进行交易，何时不进行交易，并且不会因为市场的波动而频繁交易。例如，视频中提到，成功的交易者会设置警报，只有在收到警报时才会决定是否进入交易。

💡风险管理

风险管理是指在交易中妥善处理潜在损失的策略，以保护资本不受重大损失。视频中强调，成功的交易者会专注于保护他们所拥有的，而不是仅仅关注盈利。这包括在进入交易前就确定退出点，以及在价格触及止损时接受损失并继续前进。

💡每日进步

每日进步是指每天努力改善自己的行为或技能，哪怕只是微小的1%。视频中提到，通过每天持续的小改进，随着时间的推移，这些改进会累积并产生显著的效果，这是成为一名顶尖交易者的秘诀之一。

💡感恩

感恩是指对当前成就和所拥有的一切持有感激之心，而不是总是寻求更多。视频中提到，即使在取得一定成功后，也要保持谦逊和感恩的心态，认识到市场的不确定性，并且始终保持学习和进步的态度。

💡目的与快乐

目的与快乐是指在选择人生目标时，应该追求更深层次的满足感，而不是短暂的物质享受。视频中通过个人经历说明了物质享受并不能带来真正的幸福，而是通过帮助他人、保持健康的生活习惯等基本事物才能获得长久的快乐。

💡过程与结果

过程与结果是指在交易中，我们能控制的是自己的交易过程和行为，而不是交易的最终结果。视频中强调，专注于遵循交易计划和纪律性，而不是单纯关注盈利，这样才能在长期中取得成功。

💡自我责任

自我责任是指个人对自己的行为和结果负责，不将失败归咎于外部因素。视频中提到，无论是盈利还是亏损，都是交易者自己的决策和执行的结果，因此应该接受并从中学习，而不是抱怨市场或其他人。

💡长期思维

长期思维是指在交易和生活中采取长远的视角，而不是只关注短期利益。视频中提到，通过设定清晰的目标和愿景，交易者可以保持动力并专注于长期成功，而不是被短期的波动所影响。

💡自律

自律是指即使在没有外部压力的情况下，也能坚持做正确事情的能力。视频中提到，自律是成功交易者的关键特质，他们通过每天的坚持和努力，形成了良好的交易习惯，从而在交易中取得成功。

💡适应性

适应性是指根据市场的变化灵活调整交易策略的能力。视频中指出，市场是不断变化的，专业的交易者会根据市场的波动、方向和偏差调整自己的思考和位置，而不是一成不变地应用同一种策略。

💡交易如经营企业

交易如经营企业是指将交易视为一种商业活动，需要有计划、目标和策略。视频中提到，交易者应该像经营企业一样对待交易，设定目标、跟踪进度、回顾交易并不断改进，这样才能在市场中取得成功。

Highlights

成功交易的关键不在于努力工作，而在于做出正确的决策。

顶级交易者不会整天盯着图表，他们知道何时交易，何时不交易。

交易中的耐心非常重要，无论是交易前、交易中还是交易后。

交易者应该等待完美的A+交易设置，只有当信号触发时才进场交易。

交易中不应该每天都交易，策略可能不适用于每个市场环境。

交易者在交易中需要有耐心让交易自然发展，不要无谓地移动止损或盈利点。

交易后，交易者需要有耐心处理和记录交易，即使遭遇亏损。

成功的交易者不会与内心的野兽谈判，他们会倾听内心的声音，坚持自己的交易计划。

沃伦·巴菲特的名言强调了资本保护的重要性，即“永远不要亏钱”。

成功的交易者每天只需比前一天好1%，长期积累会产生巨大的变化。

交易者应该始终怀有感激之心，永不满足，始终保持谦逊和学习的态度。

选择目的而非快乐，真正的幸福来自于内心的目的感和满足感，而非物质享受。

专注于过程而非结果，通过控制自己的行为而非市场走向来实现交易成功。

交易者应该对自己的交易结果负全责，无论是赢是亏。

长期思维是成功交易的关键，通过痛苦和快乐的管理来实现长期目标。

纪律比动机更重要，通过日常的坚持和习惯养成来实现交易成功。

适应性是交易成功的关键，市场在不断变化，交易者需要灵活应对。

将交易视为一种业务，制定计划、设定目标、跟踪进展并持续改进。

Transcripts

it took me 5 years to make my first $1

million and along the way I have learned

that there are certain rules to the game

that contribute to my success these

rules allowed me to grow from a broke

college student who had to work all the

shitty part-time jobs to becoming a

highly successful Trader and

entrepreneur conquer the world win more

work hard have a sense of urgency make

more money all these things are supposed

to make you a successful Trader but they

are actually holding you back from

Trading success there are the same

reasons on why you are still losing

money as a Trader you see the condition

to success in life and the condition to

success in trading are very different

there is no control to the outcome in

trading as there are in Life or in

business that means that you can go to

the gym and work out seven times a week

and you will start to see the results

after one year but then you can stay at

charts all day for one year straight and

work super hard but not see any

consistent profits throughout this

entire one year growing up you are Tau

to have a sense of urgency if you want

to succeed and you bring this mindset

into trading don't just sit there and do

nothing get into a trade and then the

next thing you know you enter a bad

trade and then you get out with a huge

loss all because you are Urgent and you

rush into a trade most of profitable

trading is all about patience becoming a

top 1% Trader requires you to take the

unconventional route the route that not

many people preach but it's absolutely

necessary and I want to share that PA

review so you can actually become a

profitable Trader much faster than I did

and after you finish watching this video

I will recommend you to check out one of

my most popular videos on my YouTube

channel where I basically show you how

to master trading in the next 90 days

and how to make six figures from Trading

from scratch so if you are interested

click the first link in the description

so in this video I want to give you an

insight into what makes million a

Traders millionaires so here are the 10

secrets that will make you a top 1%

Trader

the first success secret is patience

makx profits in trading you don't get

paid for working hard you get paid for

making the right decisions the top 1%

Trader does not St at charts all day he

knows when to trade and when not to

trade he sets alerts and only decide

whether to enter the trade when he

receive an alert from Trading view

patience is important before you trade

during your trade and after you trade

before you trade you need to have the

patience to wait for the perfect A+

trade setup only take the trade when

your sickness are triggered and you have

your Edge and for God's sake you don't

have to trade every single day your

strategy may not work for every Market

environment and that is okay when there

is no opportunity in the market just

have the patience and the discipline to

do nothing during your trade you need to

have the patience to let the trade play

out on its own that means don't move

your stop loss unnecessarily unless you

place it it wrongly don't move your take

profit further or closer because that

will mess up with your overall risk to

reward ratio after you trade you need to

have the patience to process and record

your traits whether you feel like it or

not the hardest part is when you enter a

losing streak or you lost a big sum of

money it's in these times where you'll

find it super hard to actually go record

your trads because you don't feel like

it because you rather spend that time

making back the amount of money that you

have just lost but is in this exact

times where you must take some time out

to process and record your traits so

that you can actually learn from your

mistakes and you know what to improve on

so you can actually become a better

Trader the next law that will make you a

top 1% Trader is to never negotiate with

your inner inside all of us

contains both the inner bit and the

inner Bast the quality of your life will

be determined by whichever you listen to

the most if you listen to the inner

Beast you will achieve massive success

in trading and and in life you will

achieve all the goals that you have set

up for yourself and make so much money

that no one will believe you however if

you listen to the inner you'll

continue to lose money and blow accounts

after accounts and eventually one day

you'll get so sick of losing money that

you quit trading forever the inner

is the little voice inside your head

telling you you can always follow your

trading plan tomorrow journaling doesn't

work for me take the easy way out it's

okay to skip the gym if you're feeling a

little bit tired it's okay to hit the

snooze button then we will tell ourself

that this is just a one time thing and

it won't happen again but it's a lie and

you know it once you start negotiating

with your inner that's when you

start to remain where you always are an

average Trader at best you don't follow

your trading plan for just one day and 1

month later you lost all your life

savings instead of persisting and

learning from your mistakes you quit

trading forever you over leverage so you

can get rich quick fast only to cheat

yourself from the wisdom and the

knowledge that comes from experience so

you blow your account and lose

everything you have worked so hard for

there's a lot of these people committing

these mistakes every single day and they

never learn I know because I was one of

these people that is exactly why they

will never get anywhere in their trading

Journey they will never achieve

consistent profits from the market

compare this to your inner Beast inner

Beast doesn't make excuses it doesn't

take the easy way out the inner Beast is

asking you to focus on the performance

rather than the outcome focus on the

process not the money when the inner

Beast is in charge you take full

responsibility for all your actions you

do the hard things that make you a

disciplined Trader and most importantly

a better Trader even when you enter a

losing streak and trading starts to get

hard you keep going in fact you actually

love it when things get hot it gets that

little inner Beast excited because you

love a good challenge you understand

that losses are part of the game and you

fully accept that trading is simply a

probability game a game of chances you

look at the losses and smile because you

know that you can only build mental

resilience with pain whether you are

building physical mental or emotional

muscle pain is absolutely necessary and

for your whole life you have been

listening to the inner beitch it's time

for you to wake up and Unleash Your

Inner Beast if you are watching this you

don't want to live an average or medle

life you want to become a top 1% Trader

who refuses to default so shut out your

inner and un your inner beast and

you can St your inner beach by doing

these four things every single day keep

the promises you make to yourself set

high standards do the things that others

are not willing to do choose hard over

easy kill that little within and

Unleash Your Inner Bast if you want to

get better at trading price action you

need to take the price action boot camp

which is like a free challenge that will

help you become a master of price action

trading in just 21 days Link in the

description the next secret is to never

lose money rule number one never lose

money rule number two never forget rule

number one this is a famous quot by

Warren Buffett which emphasizes the

importance of capital preservation

instead of focusing on making money

focus on protecting what you have

instead of thinking about how much money

you will make if you are right think

about how much money you will lose if

you are wrong just like how you can't

drive a car without Patrol you can't

trade without Capital that is why if you

want to trade for the long term you must

learn how to sustain in a game how to

conserve your Capital so that it doesn't

run out fast and the only way to

preserve your capital is by managing

your risk properly before you enter for

a trade you must know where you are

getting out if you are wrong and if you

are right and when the price hits your

stop loss just accept the loss and move

on determine your risk before you trade

so that you can actually Define your

risk to reward ratio if you are not

comfortable with risking the amount of

money then use a smaller position size

in trading wins and losses are

inevitable and you have to accept this

fundamental fact if you want to become a

successful Trader the only way you can

be profitable in the long run is if your

winning days are bigger than your losing

days when you win you must make more

money than when you lose and you can do

this by having a proper RIS to R ratio

of at least 1 is to two as long as you

are using stop losses and proper

position sizing you should be able to

win more money than you lose the next

secret is something that successful

Traders and successful people do every

single day and that is to become 1%

better every day to become a top 1%

Traer you just need to improve by 1%

every single day you might think that

this 1% Improvement is insignificant how

can I become profitable fast if I only

improve 1% every day everyone thinks

that to achieve success in trading you

need to set a big goal and then take big

lips in order to accomplish that goal

fast that is why you will start

overleveraging using lot sizes way too

big for your account and also for trats

even when there is no opportunity

eventually you'll blow that account and

you will get frustrated instead you

should focus on making continuous

improvements by slowly and slightly

adjusting your day-to-day habits

sticking with the boring fundamentals is

not fun or impressive but it works and

you must understand that you will not

see any results immediately after the

have improved just 1% today at the start

there is no difference between making a

choice to become 1% better or 1% worse

it won't really have a big impact on you

today but as time passes these small

improvements or declin start to become

more obvious they start to compound and

suddenly a year later you will see

there's a very big gap between those

people who choose to make 1% battle a 1%

Improvement on a daily day basis compar

to those people who decided to become 1%

worse and if you get 1% better at every

single day for just one year you will

actually become 37 times better by the

time you are done and that is why small

choices do not seem to make much

difference today but if you add it up

over time you will see tremendous

results because of The Compound Effect

so to become 1% betterle every day I

have three simple steps for you do more

of what works eliminate just one trading

mistake a day check your progress this

three things if you can do it every

single day you'll become a better Trader

in just one year law number five always

grateful Never Satisfied the truth is

you can never truly become a master at

trading because you can never really

conquer the market because the market is

always filled with uncertainty this is a

lifelong journey and you must always be

trying to get better every single day

you have to show up put one foot in

front of the other and trade in silence

when we achieve a little bit of success

we start to think that we are the best

Traders in the world and we are

invincible and then inevitably the

market start to Humble Us by giving us a

huge loss every single day I wake up I

tell myself that I am absolutely nothing

I have a day one mentality where it's

always or rather I treat every single

day as the first day of my trading

journey I work like I'm Brook and I

never let success get to my head I know

nothing about the market so I continue

to learn and improve because I know that

once you start to get comfortable with

what you have and you start to settle

mediocrity sets in and it will prevent

you from taking things to the next level

it's easy to make your first $10,000 per

month but it's extremely hard to

consistently make that same amount every

single month if you sleep on a win you

will wake up with a loss that's why when

I reach the top of the mountain I

purposely push myself down a little bit

so that I can climb a mountain that is

higher so that I can become a more

disciplined Trader so that I can change

more lives so that I can make more money

so much more money that in case

something unfortunate happens to my

family in the future and they need the

amount of money the next secret is

something that means a lot to me and

that is to choose purpose over pleasure

here's a harsh truth you won't find

happiness or perfum from the

materialistic things like a sports car

or a nice watch it was back in June 2022

where I just got a little bit of success

and my trading started to take off

that's when I first started make my

first $10,000 per month so I decided to

reward Myself by treating myself to a

nice little vacation in puket in

Thailand I wanted to leave like the

digital Nomad lifestyle so I went to

this beautiful beach called the Patong

Beach my friend and I went into this

beach club and we sat at this table that

was outside the beach club so you could

see like the beautiful sea view I could

feel the gentle seab breeze blowing on

my face as the sun started setting it

was the most beautiful view I've ever

seen in my life and after ordering food

I I put out my laptop and I started

looking at the charts then I got

distracted by the loud idium music

playing at the beach club and then there

were kids splashing water at each other

in the swimming pool I couldn't

concentrate on analyzing the charts at

all I thought this was a lifestyle that

I have always dreamed about after all

this was the lifestyle they preach on

Instagram right but why don't I feel

happy because I was not in a flow State

I was much more happy back when I was at

home waking up at 5:00 a.m. exercising

and sitting in front of my computer and

doing 2hour deep work blocks where I can

just fully focus on trading without any

distractions and getting into a flow

State that's when I realize that all

this glamorous and materialistic stuff

that can impress other people does not

make you truly happy the things like the

nice cars the watches the nice houses we

think that when we reach our goal like

when we get good grades or we make our

first $1 million from Trading or when we

hit our first 10,000 subscribers we'll

be happier but when we actually reach

these goals our happiness actually

doesn't change at all in fact it

actually dips a little bit Naval said

that desire is a contract that you make

with yourself to be unhappy until you

get what you want you start to become

disturb when you want something and you

work really hard to get that thing and

in the meantime you feel miserable and

then once you get that thing you

actually revert to the state you were in

before you get the thing it's a delusion

that there's something out there that

will give you complete happiness a

bigger house a faster car a more

expensive watch as I get older and more

wiser I realize that the things that

truly makes me happy are actually the

old basic and boring things like waking

up early helping others getting good

sleep exercising mindfulness focused

trading and getting into a flow stage

things that are often boring and

monotonous become enjoyable when you

have a reason to pursue for fuman over

pleasure so don't let Society detect the

definition of happiness for you decide

that for yourself find out what's the

definition of your happiness for

yourself determine your core values and

find out what truly makes you happy and

also make sure you are great food for

the little things that you have access

to like clean water healthy food and

even just a shelter above your head the

next law would definitely make you a

successful Trader if you can follow it

and that is to put Pro ESS over money

you can control the process not the

outcome that is the secret to trading

success at the end of the day you can't

control how much money you make from one

trade but you can control whether or not

you follow your trading plan whether or

not you even enter a trade in the first

place what lot size you are using and

how do you manage the trade do you move

your stop loss or do you move your take

profit when you focus on trading your

system with discipline and consistency

the profits will eventually come just

because you lost one trade does not mean

that your trading system does not work

if you use the correct position size

each trade should just be treated as

just one of your next 100 trads one tra

can have a random outcome but 100 trats

can be used as a FAL to find out whether

or not your trading system works or not

that's why you should always zoom out

and focus on the big picture and not

just on one trade focus on your process

not the short-term results the next law

is to take full responsibility when you

are focusing on process over money that

also means that you need to take full

responsibility over your trading lost

too much money on this trade my fault

losing streak my fault lost this trade

because of news my fault blaming

everyone else the market the Federal

Reserve for your losses wouldn't do

anything to help your trading at all and

growing up I had this victim mentality

but I'll blame everyone else around me

I'll blame my parents for being so poor

that we have to get financial assistance

I'll stutter when I speak and I'll blame

my dad for it because he starters also

I'll blame my friends when I don't get

invited to parties I'll blame everyone

else but me I didn't really achieve

success until I decided to take back

control of my life if you are born poor

it is not your fault but if you die poor

it is 100% your fault in life you don't

get what you want you get what you

deserve you have to play the cards that

you are dealt with you can blame the

market or you want but nothing will

change unless you do in the end you

chose your trading strategy you enter

and exited the trade you did the

research so you own the outcome you

can't control how the market move but

you can control your own actions and you

must accept both the wins and the loss

when you accept the outcome and you take

full responsibility for your traits

that's when you can finally learn to

adjust to the market and not repeat the

same mistakes so make your decision

leave with them because worrying does

not undo the past and wishing doesn't

change the future you can either be a

victim or a Victor your choice the next

success secret is to think longterm when

was the last time you wrote out exactly

how you want your life to be like you

don't need motivation you just need

Clarity of path and Clarity of vision to

achieve your dream life and having a

Clear Vision does something magical to a

Trader it's what gets you out of the bit

in the morning even though you're going

through a face is what give you

Milestones to celebrate as you make your

vision a reality and it's what keeps you

going with have a sense of Relentless

Obsession even when the suck Factor

comes in because trust me the suck

Factor always find its way into a

Trader's life everything we do it in

trading we do it because we either want

to avoid pain or we want to seek

pleasure and the secret to trading

success is to learn how to use pain and

pleasure to your advantage instead of

having pain and pleasure use you if you

can do that you are in control of your

training account if you don't the market

control you the problem is that most of

us base our decision on what we're going

to do on what's going to create pain and

pleasure in the short term instead of

the long term get out of good trade

avoid pain move your stop- loss avoid

pain over leverage sick pleasure forrat

sick pleasure however anything that you

want that is valuable requires you to

break through the shortterm pin in order

to gain the long-term pleasure which

brings me to my next secret and that is

to choose discipline over motivation

just like how the Sun comes up every day

you have to show up every single day

without fail whether you feel like it or

not every single action that you take is

a vote for the person you wish to become

every time you take a bad trait that

goes against your trading plan you are

voting for yourself to become a losing

Trader and every time you take a good

trade trade that is aligned with your

trading plan you are voting for yourself

to become a successful Trader now let's

compare two Traders Trader a and Trader

B Trader a does not have a trading plan

does not have a trading journal does not

use the proper risk management so K user

slot sizes way too big for his account

and he trade based on his emotions on

the other hand we got Trader B Trader B

sticks to his trading plan all the time

joural his trades when he's done for the

day practice proper money management is

patient to wait for the high probability

trade setups which Trader do you think

will be more profitable in the long run

if you answer Trader B you are

absolutely correct because of course

it's going to be Trader B Trader B is

disciplined enough to do the hard things

that makes him a disciplined Trader and

most importantly a better and a more

profitable Trader a lot of you always

ask me hey Brad how do I become more

motivated just like you my answer is

always the same I'm not motivated I am

disciplined I don't believe believe in

motivation because motivation doesn't

last you can watch my videos and get

motivated for 5 minutes but then after

you're done next thing you know you go

back to the same old bad habits and

continue to lose money and lose money

what you really need is not motivation

it's the discipline to practice the good

habits of a top 1% Trader once you

actually develop these good habits it

will actually be very hard for you to go

back to the same old bad habits when you

see my Instagram profile you will see

all my public victories videos of me

traveling the world living my dream life

buying my family whatever they want and

hanging out with friends what you don't

see is the small daily wins every single

day that accumulated over time that

contribute to all these public victories

today I wake up at 5:00 a.m. that's my

first win and then I meditate for 10

minutes another win and then I read

books for 30 minutes and then I carry

out my 2hour deep work blocks and I go

to the gym another win I love to stack

wins on top of wins through my entire

day and that is how I have an amazing

Ing and fulfilling day and most

importantly a fulfilling life I live

each day of my life with meaning and

with purpose by doing the hard things

you are building your discipline Master

up and soon the things that you hate at

doing at first becomes a habit diet you

do it anyways you don't feel like it you

do it anyways because the small things

you do every single day add up to Big

results if you want to change the world

start by changing yourself if you want

to change yourself start by changing

your habits when humans hit to change we

love to remain in the same old

comfortable place but that is bad

because in order to become the best

version of yourself you must change now

why do people take so many years to

become a profitable Trader because it

takes years to develop a disciplin mind

that trads well example when we are

going through a winning streak you will

get like a Euphoria and this Euphoria

will cause you think that you are

invincible and then it will tempt you to

jump into the next trade without looking

for your confluences that is the true

test of discipline bro it's easy to be

disciplined when no emotions is involved

this is when true cold heart discipline

comes in the disciplined Trader will

resist the temptation and stick to the

plan knowing that deviating from their

trading plan will lead to disastrous

results I believe more in

self-discipline because at the end of

the day no one is coming to save you

you're born alone and you will die alone

so all you have is yourself in this

world so it's easy to work hard when

everyone else is watching you it's all

about what you do when no one is

watching you it's all about the early

mornings where you wake up to study

trading and to grind it's about the late

nights where you stayed up to journal

down your traits is the times where you

almost gave into your emotions self

discipline is going to help you make the

decision to resist daily Temptation that

may help to prevent you from moving

towards achieving your goals when I die

and I go to heaven God will show me a

signboard

and tell me Brad this is what you could

have been you could have been a

millionaire Trader you could have been a

tribe leader who changed millions of

lives and most importantly a good son

and a good father that provided and

protected his family I want to tell him

yes sir this was my life and I have no

regrets my biggest fear would be when

God replied too bad you were just a

waiter and you went on to work a night

to five job because you didn't have the

boss to chase after your dreams and do

what you really want to do in life law

11 is to adapt or fail what is the best

indicator to use what's the best time

frames to trade what is the best

settings for the moving averages it

depends most beginner Traders they don't

understand context and trading without

understanding context is a formula for

disaster beginners they treat every

scenario in the market the same so they

use the same strategy all the time

professional Traders they always adjust

their thinking and their positions

because they know that the market is

always is changing it can change in

terms of volatility Direction and bias

yes you can get in for a buy right now

but 1 hour later a high impact news come

out causing the currency to be bearish

now instead of sitting there and praying

to God that the price will eventually

reverse and go back in your favor you

need to wake the hell up and be flexible

enough to adapt to the new circumstances

understand that you need to get out when

the conditions of the market have

changed or even pavot your position if

necessary the context of the market will

determine the size of the move and how

long this move will last so you need to

be flexible and adapt to the new

situations on the market and don't

impose your thoughts onto the market

React to what the market is actually

showing you if you are watching this

kudos to you man you are really serious

about becoming a top 1% Trader which

brings me to law number 12 TR trading

like a business trading is a business

where you are putting your heart earned

money on the line every single day yet

most people go into trading without a

plan these people are not trading they

are gambling trading wasn't my first

sight hustle I tried everything from

starting an online software company to

affiliate marketing I felt at the first

few businesses I started because I

didn't execute I was still busy reading

all the business books I could find I

was busy creating a business plan I was

busy creating the website for that

business and at the end I didn't even

launch the business now listen reading

books will not make you rich watching my

videos will not make you a successful

Trader unless you take action so set

quarterly goals develop a trading plan

follow a set of trading rules track your

progress review your trades study and

improve these are the ways where you can

treat trading as a business and when you

finally treat trading seriously the

market will treat you seriously it's

finally time for you to treat trading

seriously so go join the price action

bot camp and use the next 20 1 days to

master price action trading a valuable

High income skill that will change your

life and if you're want to shortcut your

trading journey and become a profitable

Trader 10 times faster than I did check

out the trading blueprint and if you

want to learn how to make six figers

from Trading from scratch then watch

this video next trust me this is the

best video I made on my channel so far

and remember you just one trade away mAh