How to Master Trading Psychology in 28 minutes

The Trading Geek
9 Sept 202328:13

Summary

TLDR交易中80%的损失可以通过提高情绪意识来预防。成功交易者与不成功者的区别在于情绪控制。情绪本身不是问题,而是如何理解和利用它们。通过将情绪视为信号,我们可以从中学习并更好地理解它们。通过个人经历和故事,强调了认识和理解情绪的重要性,并提出了一个三步系统来达到情绪解决,帮助交易者在交易中保持冷静和清晰的头脑。

Takeaways

  • 🧠 情绪认知对于交易成功至关重要,80%的交易损失可以通过提高情绪意识来预防。
  • 💡 情绪本身不是问题,而是如何理解和利用情绪信号,将其作为交易的线索。
  • 🚦 情绪控制区分了成功和不成功的交易者,但并非要消除情绪,而是要认识和理解它们。
  • 🏆 像迈克尔·乔丹一样,将情绪转化为动力,通过愤怒激发更好的表现。
  • 📈 交易中的情绪并非都是负面的,正确使用情绪可以提升交易表现。
  • 🎯 识别和理解情绪是制定应对策略的基础,情绪管理是交易成功的关键。
  • 📝 通过理性框架记录和分析交易情绪,有助于自我提升和避免重复错误。
  • 🌪️ 交易中的“恐惧、贪婪、怀疑”等情绪可能导致损失,需要通过理性来克服。
  • 🛠️ 通过三步系统(映射情绪模式、识别问题根源、纠正问题)来达到情绪解决。
  • 🔄 接受交易的不确定性,将交易视为概率游戏,长期坚持正确的交易策略。
  • 📊 制定交易计划并严格执行,通过不断的回顾和调整来提高交易表现。

Q & A

  • 情绪控制在交易中的重要性是什么?

    -情绪控制在交易中非常重要,因为它可以帮助交易者避免情绪化的决策,从而减少损失。成功的交易者懂得如何识别和管理自己的情绪,不让情绪影响交易决策,从而实现更好的交易表现。

  • 如何正确地处理交易中的情绪?

    -处理交易中的情绪不是要压抑或控制它们,而是要首先识别情绪,然后理解它们。交易者需要了解自己的情绪,知道它们试图传达的信息,并制定应对策略。情绪本身不是负面的,如果正确使用,情绪可以像迈克尔·乔丹那样,成为提升表现的燃料。

  • 交易者如何避免因贪婪而导致的损失?

    -交易者应避免因贪婪而做出过度交易或冒险的行为。例如,不应将所有资金投入到一个高风险的交易中,而应遵循合理的资金管理和风险控制策略。此外,交易者应在盈利后提取部分利润,而不是贪婪地追求更高的收益。

  • 个人经历如何影响交易者的情绪和决策?

    -个人经历,如家庭背景、他人的质疑或否定,可以深刻影响交易者的情绪和决策。正面的经历可以成为动力,激励交易者努力证明自己,而负面的经历可能导致恐惧、怀疑和报复性交易行为。

  • 交易者如何克服情绪化交易?

    -交易者可以通过建立理性的交易框架、记录交易日志、监控情绪和行为模式来克服情绪化交易。通过这些方法,交易者可以更好地了解自己的交易习惯,识别和纠正不良的交易行为。

  • 为什么技术分析并不足以保证交易成功?

    -技术分析虽然重要,但它并不是交易成功的唯一因素。成功的交易还需要正确的心态和对交易心理的理解。交易者需要学会管理自己的情绪,避免让情绪左右交易决策。

  • 交易者应该如何处理失败的经历?

    -交易者应该从失败的经历中学习,而不是回避或否认它们。通过分析失败的原因,制定改进策略,并在未来的交易中应用这些教训,交易者可以逐渐提高自己的交易技能和表现。

  • 什么是理性框架?

    -理性框架是一个工具,帮助交易者识别和记录他们的情绪模式和交易行为。通过使用理性框架,交易者可以更好地理解自己在交易中的情绪反应,从而改进交易策略和决策过程。

  • 交易者如何避免报复性交易?

    -交易者应避免在经历亏损后出于报复心理进行交易。他们应该接受市场的不确定性,专注于改进交易技能,并根据交易计划和策略进行交易,而不是基于情绪反应。

  • 为什么接受交易中的损失是重要的?

    -接受损失是重要的,因为交易本质上是一个概率游戏,损失和盈利都是不可避免的。成功的交易者能够接受短期内交易的不可预测性,并长期坚持他们的交易策略,因为他们知道长期来看,大量的交易将体现出他们的优势。

  • 交易者如何制定有效的交易计划?

    -有效的交易计划应包括明确的入场和出场点、风险管理和正确的头寸大小。交易计划应结构化,以便在交易者错误时最小化损失,在正确时最大化利润。此外,交易计划应帮助交易者从情绪决策中转移注意力,保持一致性。

Outlines

00:00

📉 情绪控制与交易成功

本段讨论了情绪控制在交易中的重要性,指出80%的交易损失可以通过增强情绪意识来预防。强调情绪并非问题所在,而是如何理解和利用情绪。成功的交易者能够识别和理解自己的情绪,并据此制定应对策略。通过个人经历,说明了如何将负面情绪转化为动力,并鼓励交易者正视并利用自己的情绪,以提升交易表现。

05:02

🔄 情绪模式识别与解决

这一部分介绍了如何通过识别和解决情绪问题来改善交易。提出了一个三步系统:首先,通过记录和分析交易情绪模式来理解日常交易中可能遇到的问题;其次,识别问题的根源,包括偏见和错误观念;最后,通过逻辑和实践来纠正这些问题。强调了接受市场无常和情绪波动的重要性,并提供了一个理性框架来帮助交易者监控情绪。

10:02

📈 使用理性框架来提升交易

详细介绍了如何使用理性框架来映射情绪模式并记录交易。框架包括记录交易的触发因素、思考过程、情绪变化、行为和决策等。通过实例说明了如何填写框架,以及如何通过识别和纠正情绪模式来避免重复错误。强调了持续使用框架来提高交易表现的重要性。

15:04

🌱 从失败中学习与成长

本段讨论了如何从交易失败中学习并成长。强调了接受损失、识别问题根源、纠正逻辑错误和持续改进的重要性。通过比喻和例子,说明了交易中的完美主义是不现实的,并且应该专注于减少交易表现的波动。提出了将交易视为概率游戏的观点,并鼓励交易者接受市场的不可预测性。

20:04

🏆 制定计划并执行

这部分强调了制定和执行交易计划的重要性。提出了三个步骤:计划交易、执行计划和回顾调整计划。讨论了专业运动员如何通过回顾和调整来提升表现,并将其应用于交易中。强调了遵循交易计划、管理风险和损失以及专注于过程而非短期结果的重要性。最后,提供了一个抽奖活动的信息,鼓励观众参与并关注社交媒体。

Mindmap

Keywords

💡情绪控制

情绪控制在视频中指的是交易者在进行交易时对自身情绪的管理和理解。它强调的不是要消除情绪,而是要学会认识和利用情绪,将其作为交易成功的信号。例如,视频中提到通过将愤怒转化为动力,可以激励交易者更加努力工作,从而提高交易表现。

💡情绪识别

情绪识别是指交易者在交易过程中对自身情绪的觉察和认知。这是情绪管理的第一步,只有识别出自己的情绪,才能更好地理解它们并制定应对策略。视频中强调,通过识别情绪,交易者可以避免因情绪化决策而导致的交易失误。

💡情绪分离

情绪分离是指交易者在交易时将自己的情感与交易决策分离开来,以保持客观和理性。视频中提到,成功的交易者能够将情绪视为信号,并从中学习,而不是让情绪主导交易行为。

💡交易心理

交易心理涉及交易者在交易过程中的心理状态和情绪管理。视频中强调,技术分析虽然重要,但交易心理的掌握同样关键,因为它能帮助交易者克服情绪波动带来的影响,从而提高交易效率。

💡复仇交易

复仇交易是指交易者为了挽回之前的损失而进行的高风险交易。这种交易通常是基于情绪而非理性分析,往往会导致更大的损失。视频中通过个人经历说明了复仇交易的危害,并鼓励交易者避免这种行为。

💡交易计划

交易计划是交易者在进入市场前制定的一套详细的交易策略,包括入场点、出场点、风险管理和仓位大小等。视频中强调,一个有效的交易计划能够帮助交易者减少情绪干扰,提高交易的一致性和成功率。

💡损失接受

损失接受是指交易者对交易中不可避免的亏损持有的一种健康心态。视频中提到,成功的交易者能够接受损失是交易过程的一部分,并且不会因为单次的亏损而影响整体的交易策略。

💡交易日志

交易日志是交易者记录自己每笔交易的详细信息,包括交易决策、情绪状态、市场分析等的工具。视频中提到,通过记录交易日志,交易者可以更好地监控自己的情绪和交易行为,从而提高交易技能。

💡情绪模式

情绪模式是指交易者在特定市场情况下反复出现的情绪反应和行为习惯。视频中提到,通过识别和理解自己的情绪模式,交易者可以更好地管理情绪,避免在交易中做出非理性决策。

💡理性框架

理性框架是视频中讲述者提供的一个工具,旨在帮助交易者系统地记录和分析自己的交易情绪和决策过程。通过使用理性框架,交易者可以更清晰地认识到自己的情绪触发点和行为模式,从而有针对性地进行改进。

Highlights

80%的交易损失可以通过提高对自己情绪的认识来预防。

交易时不要将自己与情绪分离,情绪会将你与目标分离。

情绪控制是区分成功和不成功的交易者的关键。

情绪本身不是问题,它们是可以学习和利用的信号。

将情绪视为疾病,并对它们试图告诉你的内容感到好奇。

迈克尔·乔丹知道如何读懂自己的愤怒,并将其转化为表现,这是大多数人可以学习的技能。

使用愤怒作为燃料,更加努力地工作,并让你的成功发声。

不要试图控制情绪,而是要发展识别和理解情绪的能力。

情绪在交易中并非一定是负面的,正确使用情绪可以提升你的表现。

通过个人经历说明了情绪对交易决策的影响。

讲述了一个交易者如何从500美元增长到10000美元,然后因为贪婪而失去一切的故事。

强调了技术分析并不是交易的全部,心理游戏同样重要。

市场总是正确的,市场不关心你,市场是一个非理性的、不可控的实体。

为了交易得好,你需要心态平和,而要达到心态平和,你必须学会超然。

介绍了一个理性框架,帮助交易者映射情绪模式并记录交易。

通过三步系统达到情绪解决:映射情绪模式、识别问题的根源、纠正问题。

接受交易的不可预测性,将交易视为概率游戏。

通过计划交易、执行计划、回顾和调整计划来提高交易表现。

专注于过程而非短期结果,遵循交易计划将最终带来利润。

交易者应该像运动员一样,通过数千小时的实践和训练来提高技能。

通过观看和反复学习视频系列,可以重新编程你的大脑以实现成功。

Transcripts

play00:00

80 of trading losses can be prevented if

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you become more aware of your emotions

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if you don't separate yourself from your

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emotions when you trade your emotions

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will separate you from your goals

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emotional control separates the

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unsuccessful Traders from the successful

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Traders now emotions are not the problem

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here emotions are not necessarily evil

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there are signals to use and learn from

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so treat emotions as sickness and get

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curious about what they are trying to

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tell you become a detective and get

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excited to get up Clues and get curious

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to understand what they mean a lot of

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Traders still think that you need to

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control your emotions to be a good

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Trader that is just not true what you

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should do instead is to develop the

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ability to First recognize your emotions

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and then understand them you need to

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understand your emotions so that you

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know what you are actually dealing with

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and you can actually develop a plan to

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deal with these emotions when they arise

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emotions are not necessarily negative in

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trading there is no good or bad emotions

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that is just emotions if you use

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emotions correctly emotions can actually

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fuel your performance just like how

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Michael Jordan went on to become the

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best NBA player the greatest of all time

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someone talks about him Michael

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Jordan knew how to read into his anger

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and channel it into his performance it's

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a skill that most of us can learn how to

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cultivate so a few years ago I was

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having family dinner with my aunts who

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is like the most evil women in the world

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and she told me that I can never make it

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in life and then she told me that I

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would never amount to anything just like

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my father I took that personally and I

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went out there to become the best

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version of myself whenever I feel like

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giving up I think about all those people

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who adopted me all those people who

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didn't believe in me and I wanted to

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succeed so bad to prove them all wrong

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and eventually I did so use your anger

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as fuel and work harder work in silence

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and let your success make the noise

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don't treat them with kindness torture

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them with success now back when I was

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still a broke 17 year old college

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student there was this one time where I

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managed to grow my small 500 account

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into ten thousand dollars instead of

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withdrawing my profits I got greedy and

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I wanted to turn that ten thousand

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dollars to fifty thousand dollars so

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just to see like how far I can get so

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the next day I knew that non-farm

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payroll was gonna come out at around 8

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30 p.m Singapore time so I waited for

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that and I just told myself that why not

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just try your luck and trade it for some

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quick profits that is called gambling

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not trading at 8 30 PM when the non-farm

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payroll news came out price started

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collapsing so I immediately entered for

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a cell with a three standard lot size at

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that point of time my heart was pumping

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so fast because I was literally risking

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my entire account on that one trip it

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was all all in on nothing and then price

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started reversing against me and he went

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all the way back up by 100 Pips at the

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point of time I got margin called and I

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blew my account and my account literally

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went into like negative when I saw that

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I froze I didn't know what to do I was

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so devastated that I started crying on

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my bed and I started bunching my pillow

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I regret taking that threat so much I

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wish I could turn back time to stop

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myself from taking that one trade and

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just withdraw my profits now I'm back to

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square one I'm back to zero dollars the

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worst part was that I had just told my

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parents that I made a few thousand

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dollars from Trading and I can

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potentially do this full time now what

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should I tell them I never told them the

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loss the next day I asked my dad for one

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thousand dollars so that I can pay my

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school fees which was a lie and I

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immediately deposited half of that into

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my small account so now my small account

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have another 500 to trade with I wanted

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to get back the ten thousand dollars

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that I lost so bad so I started Revenge

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trading I false traits even though

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there's no clear confluences there's no

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clear opportunities in the market bad

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threats lead to losses and I ended up

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blowing that account as well now bear in

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mind that at the point of time my dad

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was already 60 year old and he's still

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working hard as hell as a real estate

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agent to put food on the table so do you

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know how embarrassing it was when my dad

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asked me where the money went so I did

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this for a few times I'll deposit money

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and blow the account until one day I was

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so sick of losing money so that one day

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I decided to get my together and

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started learning how to become a

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professional Trader who does not trade

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based on his emotions so that was when I

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first started learning about trading

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psychology and the mental game of

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trading which is exactly why I'm making

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this video to remind my past self or

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rather remind you guys that technical

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analysis is not all there is to trading

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you need proper mindset you need to

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defeat the mental game of trading which

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is the hardest the biggest mistake they

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can make fatal is to be attached to your

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traits you are attached to how you want

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things to be rather than acknowledging

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what they are if you are attached to

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your losses and wins your whole trading

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Journey will be held for example let's

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say you enter for a buy here and you

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start seeing the trade go against you

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and price starts falling heavily because

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of zealous liquidity instead of being

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flexible and pivoting your position to

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enter for a cell instead you continue to

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marry your trade you continue to sit

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there pray to God that eventually the

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market will reverse and go back up so

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that it can eventually get into profit

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but no the market goes down even further

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and further and eventually you ended up

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getting out with a big loss because you

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can't take it anymore in reality the

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market was neither good or bad because

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it's doing exactly what it does go up or

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go down which is why you need to accept

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these three harsh truth about trading

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the market is always right the market

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does not care about you the market is

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not a human but an irrational

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uncontrollable entity to trade well you

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need peace of mind to get peace of mind

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you must learn Detachment once again

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emotional control is not the solution

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emotional resolution is develop the

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ability to stand aside and observe not

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just the market action but also your

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thinking watch the market with a mind of

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interest and curiosity not one of

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judgment and labeling give your mind the

play06:34

time and space it needs to open and

play06:37

reflect so from now on I want you to

play06:39

monitor your emotions before during and

play06:43

after you trade this will allow you to

play06:45

know yourself better as a Trader so you

play06:48

know what to work on so here's my

play06:50

three-step system to reach emotional

play06:52

resolution the first step is to map your

play06:55

pattern to have a clear understanding of

play06:57

what you will encounter on a daily basis

play07:00

you should identify an overall macro

play07:03

view of your emotional volatility you

play07:06

also need to get a clear understanding

play07:08

of what this emotional reactions look

play07:11

like on a micro level so they can

play07:13

quickly spot them and minimize the

play07:16

damage when you are live trading start

play07:18

looking closely at a specific emotions

play07:21

thoughts decisions and actions that are

play07:25

automatically triggered when you are

play07:28

trading the other data that will help

play07:30

you understand the entire problem for

play07:32

example let's say you're scrolling

play07:34

through Twitter today and you start

play07:36

seeing some Traders saying that this

play07:38

crypto coin is up 20 immediately you

play07:41

feel a sense of missing out you'd want

play07:44

to miss out on this once in a lifetime

play07:46

opportunity in this case it might look

play07:49

like fomo on a surface level on a macro

play07:52

level but if you dive deep fomo can

play07:54

actually mean more than one thing it can

play07:57

be a sense of greed because you think

play07:59

that if you miss out on this upon

play08:00

opportunity you won't be able to find

play08:02

other good money making opportunities in

play08:05

the future that is wrong because there's

play08:07

always opportunities in the market if

play08:09

you miss out on this one the next one

play08:11

comes in the next five minutes in this

play08:13

case fomo can also indicate anger you

play08:16

can get pissed off because you see other

play08:18

people making money from this

play08:20

opportunity or you don't and this

play08:23

feeling violates your sense of control I

play08:25

want you to look at the instances where

play08:27

you experience fomo and try to write

play08:30

down specifically what's going through

play08:32

your mind and what are you feeling at

play08:34

that moment when you map your emotional

play08:36

patterns like fomo read and doubts you

play08:39

will realize that these patterns happen

play08:41

very frequently and consistently and if

play08:44

you don't fix them they will always come

play08:47

back to you and hold you back from

play08:49

Trading success when you are trading on

play08:51

a live account you are dealing with an

play08:54

emotional higher power that has the

play08:57

ability to shut down your brain listen

play08:59

carefully your own emotions shut down

play09:02

the part of your brain that control your

play09:05

emotions which is the tricky part

play09:07

because it's easy to be rational and

play09:09

logical before you trade because you

play09:11

haven't experienced any emotions yet but

play09:14

once you are put inside the trench

play09:16

facing the enemies on the other side

play09:19

creating your hard-earned money you

play09:21

start to experience all these emotions

play09:23

and you won't be able to think clearly

play09:25

to fix this you need to look at the

play09:27

early warning signs when the emotions

play09:30

are still small you have to be prepared

play09:32

by understanding your emotional patterns

play09:34

understanding how to disrupt them and

play09:37

learn how to catch it early because if

play09:39

you don't your emotions will get a hold

play09:41

of you and you will just keep making the

play09:43

same mistakes over and over again you

play09:46

will just keep losing money and blowing

play09:48

accounts after accounts there will be

play09:51

absolutely no progress in your trading

play09:53

performance which means you will never

play09:55

become a profitable Trader I have

play09:57

created the rational framework to help

play10:00

you map out your emotions and I'm giving

play10:02

it to you for free Link in the

play10:04

description use the rational framework

play10:06

to map your emotional patterns and also

play10:09

to record down your trades so now I'm

play10:11

gonna show you how to use the rational

play10:13

framework so if you go to the link in

play10:14

the description to download the rational

play10:16

framework right you'll be directed to

play10:18

this website we have to fill in your

play10:19

email after you are fill in your email

play10:21

your submitted this rational framework

play10:23

template will be sent to your email so

play10:25

you need to open your email and check it

play10:27

out now basically when you come on to

play10:29

this rational firmware website you'll

play10:31

see that directional framework emotions

play10:32

are not even their sickness to use and

play10:34

learn from get curious about what they

play10:36

are trying to tell you so they just like

play10:38

a little reminder for you and then over

play10:40

here this is the whole purpose of the

play10:41

rational framework use the rational

play10:43

framework to map your emotional patterns

play10:45

and record your trades and basically

play10:48

whenever you want to map out your

play10:49

emotions just press this at a framework

play10:51

and then you can write down maybe the

play10:53

date like okay 19th June and then you

play10:57

can see this is all the things they need

play10:58

to fill in so they can really map all

play11:00

your emotions I have done like a little

play11:01

example for you which you can see right

play11:03

here so let's just go through the

play11:05

example real quick so the first thing

play11:07

you have to fill in is the triggers what

play11:08

compelled or triggered you to get into

play11:10

the trade maybe it could be you saw your

play11:13

Confluence your favorite Confluence

play11:15

Morning Star form at this key level

play11:16

price reversed at this key level

play11:18

whatever it is fill that in next put

play11:21

down the thoughts what are you thinking

play11:23

about before you enter the trade this is

play11:25

basically like a thought process right

play11:27

like what is your mind telling you

play11:29

before you enter the trade example but

play11:31

your mind could be telling you oh price

play11:33

is reversing right now I better get in

play11:35

as soon as possible before missing out

play11:37

on this trade next one is like the whole

play11:39

point of this entire framework emotions

play11:42

right how do you feel before and after

play11:44

taking the trade do you feel angry or

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scared or fear of missing out whatever

play11:49

emotion that you're feeling write that

play11:52

down okay write down the emotion that

play11:54

you feel before and also write down the

play11:56

emotion that you feel after taking a

play11:57

train example maybe you could have been

play11:59

having a bad day right maybe you just

play12:01

broke up your girlfriend bad day they

play12:03

could write oh I'm sad today and perhaps

play12:05

that's not the best environment to trade

play12:07

in but I still decide to go on to trade

play12:09

and they end up with a loss oh my God I

play12:11

see a huge Candlestick right now I have

play12:13

to get in right now fear of missing out

play12:15

put that in so or maybe another thing is

play12:17

I want to get back at the market for

play12:19

causing me to lose a few trades in a row

play12:20

for the past few days past few days I've

play12:22

been going through a losing streak and

play12:24

now I'm on the Revenge straight so that

play12:25

I can get back the money that I lost so

play12:28

that can be another example for emotion

play12:30

next put down your behavior what do you

play12:32

do with your position do you skill in or

play12:34

do you scale out whatever they will do

play12:36

with your open position write it down

play12:38

example I'm hyper focused on one

play12:40

position so I did not scale in even

play12:41

though I saw opportunities to scale in

play12:43

so that could be a mistake right because

play12:45

in trading you want to add on to your

play12:47

winner so if you're willing big and you

play12:49

see opportunities to scale in to add on

play12:52

by all means go ahead and scale in next

play12:53

actions what are you doing when you are

play12:55

inside the trade are you constantly

play12:56

checking your profit and loss so example

play12:59

I'm constantly staring at the charts and

play13:01

looking at my profit and loss I can't

play13:03

even stand up to go to the toilet right

play13:05

this is bad guys please don't ever be

play13:07

just mindlessly looking at the charts

play13:09

next changes to your decision making

play13:11

then your initial decision change do you

play13:13

move your stop loss and take profit

play13:15

unnecessarily so example is I'm focused

play13:18

on Revenge trading and getting my money

play13:19

back next changes in Market perception

play13:22

are you viewing the market for what it

play13:24

is or are you imposing your thoughts

play13:26

onto the market so maybe you could be

play13:28

thinking the market should go up now I

play13:30

think that I can predict where the

play13:31

market is going to go last but not least

play13:33

come down to these trading mistakes and

play13:35

be honest with yourself right no one

play13:37

will be looking at this journalist

play13:38

framework just be honest with yourself

play13:40

and jot down any and every single

play13:43

trading mistakes they'll committed

play13:44

example could be Revenge trading forcing

play13:47

trades when there is no opportunities

play13:48

getting out of a good trade so yeah

play13:50

written down my few examples Revenge

play13:52

trading being too close minded and

play13:54

imposing my thoughts on the market

play13:55

instead of being flexible and adjusting

play13:58

my position when I saw that this was not

play14:00

a valid reversal and also failed to look

play14:02

at the overall big picture because I did

play14:03

not do my top down analysis I was stuck

play14:05

in one time frame and I only focused on

play14:07

one time frame so all of this could be

play14:09

trading mistakes that you can review and

play14:11

learn from so that in the future you do

play14:13

not commit these mistakes right so this

play14:14

entire framework will allow you to map

play14:17

out all your emotional patterns and

play14:19

really get a better understanding of

play14:21

your feelings when you are trading so

play14:23

like I said before you trade go on to

play14:24

this place right here add a new

play14:26

framework type in the day day date

play14:28

whatever gonna type in to like kind of

play14:30

remind yourself that okay this is the

play14:31

trade I took or maybe it could be a gold

play14:34

trade right and then hashtag one number

play14:36

one number one go trade and over here

play14:38

that you can write down okay the trigger

play14:40

is the thoughts the emotions the

play14:41

behaviors actions changes and trading

play14:43

mistakes right so use this framework to

play14:45

Advantage I really really took up my

play14:47

time and spent a few hours creating this

play14:49

Empire rational framework so that you

play14:51

guys can really become a better Trader

play14:53

and get a better understanding of your

play14:54

emotions so yeah just go download it man

play14:56

use the winning trading journal to

play14:58

record and journal down your traits and

play15:01

then use the rational framework to

play15:03

monitor your emotions when you are

play15:06

trading if you can just do this for 21

play15:08

days straight it will eventually become

play15:10

a good habit that will help you become a

play15:13

better Trader the second step is to

play15:15

identify the roots of your problem you

play15:18

can't correct a problem you can't see so

play15:20

to get to the real reason behind your

play15:22

problems you need to dig deeper you need

play15:25

to uncover the hidden flaws biases and

play15:28

wrong ideas including errors in learning

play15:31

that are preventing you from progressing

play15:34

and you can refer to the first step

play15:35

where you have map your pattern look at

play15:37

the rational framework to identify the

play15:40

sickness that a problem has been

play15:41

triggered recognize that a problem has

play15:44

been triggered so you can actually

play15:45

correct it so if you want to identify

play15:47

the roots of your problem follow these

play15:50

four steps describe the problem in

play15:52

detail explain why do you have this

play15:54

problem explain why the logic in Step 2

play15:57

is flawed come up with a correction to

play15:59

that flaw logic most Traders can get

play16:02

consistent profit on a demo account but

play16:05

struggle to do so in a live account on a

play16:07

demo account they feel calm and relaxed

play16:10

and can execute the threats with

play16:13

Precision on a live account they feel

play16:15

uncertain hesitant and they start

play16:18

overthinking this didn't exist when they

play16:20

trade on a demo account because the

play16:22

results don't actually matter losing and

play16:25

winning on a demo account doesn't really

play16:27

have an impact on your life at all so

play16:29

emotions are rarely involved the

play16:32

basketball player who can shoot all the

play16:34

free throws in practice but end up

play16:36

missing the free throws in NBA the new

play16:38

actor who is able to speak clearly doing

play16:41

rehearsals but starts stuttering and

play16:43

can't deliver on stage the music artists

play16:46

who can sing beautifully in the studio

play16:48

but forgets her lyrics on stage just

play16:51

like the basketball player the actor and

play16:54

the music artist if you believe that

play16:56

demo and a live account is the same

play16:58

there's a fundamental flaw in your

play17:00

concept the floor here is not that you

play17:02

will feel some emotions on a live

play17:04

account the flaw here is expecting your

play17:07

body to trade life without emotions

play17:09

which is simply impossible most Traders

play17:12

believe that there's a quick fix to

play17:14

correcting their emotional problems with

play17:16

greed fear anger confidence and

play17:19

discipline just like how you can't

play17:20

become a profitable Trader overnights

play17:22

you need to go through a learning

play17:24

process to eliminate a mental problem

play17:27

think for a moment about the quality of

play17:30

the threats that you have taken over the

play17:32

last 6 to 12 months there are times

play17:34

where your decisions are spot on and you

play17:36

win every single trade there are times

play17:38

where every threat you take leads to a

play17:41

loss aiming for perfection in trading is

play17:44

like aiming at a moving Target because

play17:46

there are so many variables that can

play17:48

impact your trading performance like

play17:50

whether or not you had enough sleep it

play17:53

rights exercise or you felt physically

play17:55

healthy and emotionally stable before

play17:58

you trade now at this variables on lot

play18:00

of how complex and unpredictable the

play18:03

market is now the key here is to focus

play18:06

on reducing your variations in your

play18:09

trading performance treat yourself as an

play18:11

athlete do you want to become the LeBron

play18:13

James or Tiger Woods in trading that

play18:16

means you have to make sacrifices that

play18:18

means everything in your life have to

play18:21

revolve around trading that means you

play18:23

need to have enough sleep eat a healthy

play18:25

diet and exercise so that you can

play18:27

optimize your body and your mind so you

play18:30

can perform your best when you trade the

play18:32

third step is to correct your problem

play18:34

instead of focusing on growing your

play18:37

account focus on correcting your current

play18:39

greatest weaknesses consistently if you

play18:42

want to improve as a Trader so you can

play18:44

make more money from Trading you must

play18:46

commit to eliminating these weaknesses

play18:49

or problems these weaknesses have the

play18:52

power to hold you back and if you don't

play18:54

work on them consistently you will never

play18:57

become profitable at trading this is

play18:59

part of your growth on the journey to

play19:01

become a profitable Trader so you must

play19:04

do this this step is where you attack

play19:06

the problem by doing the correction just

play19:09

where you learn how to stop your

play19:11

reactions in real time and minimize your

play19:14

mistakes firstly you need to understand

play19:15

that when your emotions are high logic

play19:18

is low correcting your reaction is a

play19:21

combination of having the correct logic

play19:23

and ensuring the logic is so clearly

play19:26

defined in your mind that is strong

play19:28

enough to stop its patterns in its

play19:30

tracks so after you have identified the

play19:32

pattern you want to disrupt its momentum

play19:34

because if you don't the threat is gonna

play19:36

become a loss and you will get the same

play19:38

results as you always do so as soon as

play19:40

you recognize that your pattern has been

play19:42

triggered take a deep breath or stand up

play19:44

and go take a walk or even talk to your

play19:46

friends next you want to inject logic to

play19:49

drown out your emotions you can do this

play19:52

by talking to yourself and coming up

play19:54

with logical sentences about the

play19:57

emotions here's a few examples if you

play19:59

are lacking confidence tell yourself I

play20:01

spent thousands of hours on this plan am

play20:03

I Really Gonna let this one trade change

play20:05

it if you are scared to fail tell

play20:07

yourself sometimes the risk from staying

play20:10

on the sidelines is the greater risk if

play20:12

you are losing focus tell yourself

play20:14

trading is a business so I have to run

play20:17

it like a serious business that demands

play20:19

my best when Ascension is over I can

play20:22

focus on other things not now I know

play20:24

this sounds stupid as hell but trust me

play20:26

this will work the whole concept here is

play20:29

to increase your logic when your

play20:31

emotions are high so that your logic can

play20:33

overpower your emotions and you can

play20:35

actually think clearly with your head

play20:37

create specific and achievable weekly

play20:40

goals with daily benchmarks to measure

play20:44

progress this will allow you to focus on

play20:46

sucking less rather than making money

play20:48

focus on the process and execution

play20:50

instead of the P and L in this way you

play20:53

will be able to tolerate the ups and

play20:55

downs of trading much better and also

play20:58

enjoy trading more because you have

play21:00

focusing on what you can control so now

play21:03

rinse and repeat this whole system

play21:05

what's the result of this three-part

play21:07

system the result is when you trade you

play21:09

will realize that you are more calm and

play21:12

you have a piece of mind you are not

play21:14

trying to control your emotions or

play21:16

letting your emotions control you

play21:18

instead you are aware of your emotions

play21:20

and you have came to a resolution with

play21:22

it imagine not having fear greed doubt

play21:25

or confidence or discipline problems at

play21:27

all that alone is worth the hard work to

play21:30

get there and if you use this three-step

play21:32

system you will get there throughout

play21:34

your entire life you have been

play21:36

conditioned that mistakes and losses are

play21:39

bad when you go to school you get looked

play21:41

down upon because you have grits

play21:43

when you go to work your boss scolds you

play21:45

for making careless mistakes so

play21:47

naturally we feel that mistakes are bad

play21:49

losses are bad but what if I tell you

play21:51

that losses are not bad pretend you are

play21:54

a gambler for a minute let's say you are

play21:56

playing a roulette right now if it lands

play21:58

on red six times in a row will you

play22:00

expect the next one to be black or let's

play22:02

say you are rolling a dice if you roll a

play22:04

dice and it doesn't generate a winning

play22:06

number will you be angry now this is

play22:08

what we call the gambler's policy or the

play22:11

Monte Carlo for the sea this fallacy

play22:13

occurs when you believe that a certain

play22:16

random event is more likely or less

play22:19

likely to happen based on the outcome of

play22:21

the previous event or a series of events

play22:24

in trading anything can happen at any

play22:27

point of time you must accept the fact

play22:29

that the market can do anything anytime

play22:31

trading is not about predicting the

play22:33

future because that cannot be done once

play22:35

you can accept this fact it is much

play22:37

easier to take the losses without taking

play22:39

a hit to yourself as Steam which means

play22:41

you won't feel like a shitty Trader when

play22:43

you enters a losing streak because for

play22:45

each trade that you take you expect a

play22:47

random outcome you know that a single

play22:50

trade is unique and has no memory no

play22:53

matter how confident you are the chances

play22:55

of you winning that trade is still 50

play22:57

expect there to be losses 50 of the time

play23:01

embrace the fact that losses and wins

play23:03

are inevitable to any trading strategy

play23:07

if you can't learn to accept small

play23:09

losses sooner or later you will take big

play23:12

losses what's a very successful Traders

play23:14

from unsuccessful Traders is the ability

play23:16

to accept trading unpredictability in

play23:19

the short term but equally have faith in

play23:22

the law of large numbers in the long

play23:25

term when you truly accept the fact that

play23:27

trading is simply a probability game

play23:29

Concepts like win or lose rights or

play23:32

wrong will no longer matter now how do

play23:35

you achieve pick performance when you

play23:37

are trading just like an athlete it

play23:39

takes thousands of hours of practice and

play23:42

training to become the best cradle

play23:44

possible we have to develop the skill to

play23:46

make good risks and reward decisions and

play23:49

to do that I have three steps for you

play23:51

plan the trade trade the plan review and

play23:54

adjust the plan plan the trade if you

play23:56

fail to plan you plan to fail which is

play23:58

why you must have a solid Trading plan

play24:00

so they can be consistent in your

play24:02

decision making so you know what other

play24:04

traits that you should take and what are

play24:06

the traits they should avoid a trading

play24:07

plan should explain where to enter and

play24:10

exit the trade how to manage the trade

play24:12

once you are inside one and what is your

play24:15

correct position size that you should be

play24:17

using a trading plan must be structured

play24:19

to minimize losses when you are wrong

play24:21

and maximize profits when you are

play24:23

correct about a trade a trading plan

play24:25

will help to redirect your decision

play24:27

making process from your emotions and

play24:30

prevent you from making mistakes based

play24:32

on your emotions trade the plan is about

play24:34

taking the trading plan that you have

play24:36

created and following it religiously

play24:38

your plan is useless unless you execute

play24:40

it fear comes from uncertainty fear of

play24:43

losing fear of failure fear of making

play24:45

mistakes if you have a trading plan that

play24:48

is proven to work it will remove some of

play24:50

that uncertainty do the right thing at

play24:52

the right time this means following your

play24:55

trading plan executing threats based on

play24:57

your trading plan knowing when to get in

play24:59

and get out and how you are going to

play25:01

manage risks and losses review and

play25:04

adjust the plan professional athletes

play25:06

are always reviewing their past

play25:08

performance and thinking about ways they

play25:10

can do better next time we are the same

play25:13

we need to review our traits and look

play25:15

for the small Improvement that we can

play25:17

make so that we can potentially become

play25:19

better and actually test out this

play25:21

Improvement 90 of your losses occur

play25:24

because you do not follow your trading

play25:27

plan you keep moving your stop loss

play25:28

because you are afraid to be wrong so

play25:30

you'll rather be right than to make

play25:32

money you over leverage and use a lot

play25:34

size way too big for your account

play25:35

because you are greedy a lot of this

play25:37

trading psychology issues can really be

play25:39

fixed if you just follow your trading

play25:41

plan and we only realize this after the

play25:43

trading day has ended after we have

play25:45

already committed the mistakes that lead

play25:47

to the losses if you are doing the right

play25:49

thing all the time taking the trade

play25:52

style aligned with your trading plan

play25:53

then you have nothing to worry about if

play25:56

you focus on trading your system with

play25:58

unwavering discipline Focus the profits

play26:01

will eventually come focus on your

play26:04

process and not short-term results one

play26:06

trait can have a random outcome but 100

play26:08

trades can be used as a filter to profit

play26:11

from your Edge if trading is a video

play26:13

game I have literally gave you the cheat

play26:15

codes to win and if you want to

play26:17

participate in a giveaway of 200k funded

play26:19

accounts you need to watch all four

play26:21

videos of roadmap the Mastery series

play26:23

from the start till the end and also

play26:25

follow me on all my social media

play26:27

accounts Link in the description and

play26:29

also go on to my Instagram at the

play26:31

trading gig and back three friends on

play26:33

the most recent post I will randomly

play26:35

pick two lucky winners to win this 100K

play26:37

funded accounts and I will announce the

play26:40

results soon on my Instagram at Guang Yi

play26:42

or at the trading gig right so make sure

play26:44

you follow me on there this is the final

play26:45

episode of roadmap 2 Mastery series and

play26:48

I hope that you have learned and enjoyed

play26:50

every single episode now watching Once

play26:52

is not enough to fully grab and

play26:54

understand the concepts being shared in

play26:56

these videos you have been conditioned

play26:58

to be a losing Trader for so so long and

play27:01

to rewire your brain and reprogram your

play27:04

subconscious mind for Success you need

play27:06

to go and re-watch the four episodes

play27:08

from roadmap to Mastery series again and

play27:10

this time take action I hope that you'll

play27:13

rewatch this series again and again and

play27:15

utilize it as a tool to trigger yourself

play27:18

to find the answers that are already

play27:20

lying inside you you don't have to

play27:22

believe and use everything within this

play27:24

series grab a hold of the things that

play27:26

you think are useful and put them into

play27:28

action immediately you won't have to

play27:30

implement all of the strategies or use

play27:33

all of the tools in the series to make

play27:35

some major changes all four videos have

play27:38

life changing potential individually

play27:40

however if you use all these four videos

play27:43

you'll be able to create live and enjoy

play27:45

the life you have always been dreaming

play27:47

of how are you gonna live the next five

play27:49

years of your life because five years

play27:52

from now you will surely arrive at your

play27:54

destination the question is where would

play27:56

you have arrived and who would you have

play27:58

became now is the perfect time to design

play28:00

the next five years of your life stop

play28:03

waiting check out all the resources that

play28:05

I have Link in the description that will

play28:06

help you become a profitable Trader and

play28:09

as always remember you are just one

play28:11

trade away

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