Day Trader Turns £100k to £1.5m in 8 Months w/ Tom Hougaard (Part 3)

Trading Nut Podcast - Interviews with Forex & Futures Traders
28 Sept 202223:14

Summary

TLDRIn this episode of the Trading Nut podcast, Tom shares his trading journey, starting with £100,000 and growing it to £1.5 million. He emphasizes the importance of not fighting the market and learning from losses. Tom advises against focusing on monetary gains, advocating for a gradual increase in trade size to manage fear effectively. He also discusses his approach to trading psychology, comparing it to Alex Honnold's free solo climbing, and stresses the significance of process over wealth. Tom's insights are complemented by his book 'Best Loser Wins,' which offers unique trading perspectives.

Takeaways

  • 💹 Tom started the year with a $100,000 trading account and grew it to $1.5 million, emphasizing the importance of letting the market dictate your trades rather than trying to force them.
  • 📈 He suggests that focusing on the process of trading, rather than the monetary outcome, is crucial for success and that learning from losses can provide valuable insights into trading mistakes.
  • 🚫 Tom warns against the common trap of candlestick pattern training, advising traders to not rush into becoming millionaires and to let the market guide their journey.
  • 🧠 The podcast stresses the psychological aspect of trading, highlighting the need to manage fear and build emotional memory through consistent practice and review of trades.
  • 📚 Tom recommends the book 'Best Loser Wins' for its unique perspective on trading and its focus on breaking habits that may be holding traders back.
  • 🤑 He discusses the concept of trading with a smaller account and a higher percentage of capital to avoid a false sense of security and to encourage more careful trading decisions.
  • 🏔 Tom likens the mindset shift required for trading larger sizes to the preparation and mindset of Alex Honnold, a free solo climber, who prepares meticulously to manage the risks of his climbs.
  • 🔗 He emphasizes the importance of incremental growth in trading size, suggesting that slow and steady increases help in managing the psychological pressures associated with larger trades.
  • 🏦 Tom shares his approach to living expenses, using the profits from previous years' trading to cover costs and reinvesting the majority of his account balance back into trading.
  • 🌐 He talks about the impact of running a Telegram channel on his trading, noting that it has increased his trading size and profits, and stresses the value of community and accountability in trading.

Q & A

  • What was the initial capital Tom started with this year?

    -Tom started this year with a capital of one hundred thousand.

  • What was the capital Tom had at the time of the interview?

    -At the time of the interview, Tom's capital had grown to 1.5 million.

  • What is Tom's approach to not fighting the market?

    -Tom believes the market is always there and one should not fight it, instead, one should let the market tell you what it wants to tell you.

  • Why does Tom emphasize the importance of learning from losses in trading?

    -Tom suggests that losses offer great insights into one's mistakes, which is essential for improving as a trader.

  • What does Tom warn against in terms of candlestick pattern training?

    -Tom warns that candlestick pattern training can be a trap and advises not to rush into becoming a millionaire.

  • How does Tom suggest traders should approach trading large sizes?

    -Tom recommends a slow and incremental process, similar to how Alex Honnold prepares for free solo climbing, to build up to trading large sizes without overwhelming oneself.

  • What is the significance of the movie 'Free Solo' in Tom's trading philosophy?

    -The movie 'Free Solo' featuring Alex Honnold is significant to Tom as it exemplifies the importance of meticulous preparation to handle high-stakes situations, akin to trading large sizes.

  • Why does Tom not use risk-to-reward ratios in his trading?

    -Tom doesn't use risk-to-reward ratios because he believes in letting the market dictate the potential rewards rather than predefining them.

  • What is Tom's view on having a large account balance for trading?

    -Tom believes that having a large account balance can create a false sense of security and confidence, which he finds counterproductive for trading effectively.

  • How does Tom manage his living expenses while trading?

    -Tom uses the profits from his trading to cover his living expenses, and he does not withdraw money for personal use, allowing his capital to remain invested.

  • What is Tom's advice for traders who wish to improve their trading skills?

    -Tom advises traders to focus on the process, learn from their mistakes, and not be swayed by monetary gains or losses, but to build a strong trading process and mindset.

Outlines

00:00

💹 Trading Success and Market Philosophy

The speaker begins by discussing their trading journey, starting the year with a capital of $100,000 and growing it to $1.5 million. They emphasize the importance of not fighting the market and learning from losses. The speaker warns against focusing solely on monetary gains and instead suggests focusing on the trading process. They also advise against rushing to become a millionaire and highlight the importance of letting the market guide you. The speaker mentions the 'Best Loser Wins' book as a resource for breaking negative trading habits. The conversation shifts to an interview with Tom, who discusses trading larger sizes and his journey from $100,000 to $1.5 million in eight months. The speaker also mentions other resources like Kieran Davis's guide to Wyckoff trading and their own Robot Builders Club for those interested in automated trading.

05:01

🧗‍♂️ Incremental Growth in Trading

Tom shares his approach to scaling up in trading by drawing a parallel to Alex Honnold's methodical preparation for free solo climbing. He discusses the importance of incremental increases in trade size to manage the psychological pressure effectively. Tom explains his process of slowly and methodically increasing his trading size, starting with small increments and gradually building up to larger positions. He emphasizes the need for a disciplined and obsessive approach to trading, constantly reviewing and learning from each trade. Tom also talks about his interaction with a broker and how he managed to increase his trading size to 3,500 pounds per point, which is significantly higher than the average trader.

10:02

🚀 Embracing Risk and Mindset in Trading

In this section, Tom discusses his philosophy on risk and trading psychology. He challenges the conventional wisdom of trading a small percentage of one's account, arguing for a more personalized approach based on individual comfort and strategy. Tom advocates for starting with a smaller account and gradually increasing the size to avoid a false sense of security. He shares his experience of trading with emotional memory, aiming to make trading decisions feel natural and instinctive. Tom also touches upon his personal drive, comparing it to the mentality of athletes like Kobe Bryant, who constantly push their limits and strive for improvement.

15:02

💼 Capital Management and Living Expenses

Tom explains his approach to capital management, starting each year with an initial deposit and using the profits to cover living expenses. He details his experience of trading with a specific broker and the challenges of managing large positions that require quick hedging. Tom emphasizes the importance of not having a false sense of confidence and the need to maintain a disciplined approach to trading. He also discusses his personal lifestyle, choosing to focus on integrity and process rather than flaunting wealth. Tom shares his experience with online trolls and his indifference towards them, highlighting his commitment to his trading journey and his desire to help others improve their trading skills.

20:03

🌐 Online Presence and Trading Resources

The speaker wraps up the conversation with Tom by discussing his online presence and the resources he offers. Tom invites listeners to visit his website, tradertom.com, for more information and warns against imposters claiming to sell his trading secrets. The speaker also reminds viewers about the availability of previous interviews with Tom and promotes a book, 'Best Loser Wins,' for further insights into trading mindset. Additionally, the speaker mentions upcoming content, including a video by Kieran Davis on Wyckoff trading and resources for those interested in automated trading through the Robot Builders Club and Robot Lab Live.

Mindmap

Keywords

💡Trading

Trading in the context of the video refers to the act of buying and selling financial instruments such as stocks, options, or currencies with the goal of making a profit. The video emphasizes the importance of understanding market dynamics and personal trading strategies, as illustrated by the speaker's journey from a $100,000 starting capital to a $1.5 million account.

💡Market's behavior

The market's behavior is a central theme in the video, highlighting that markets are always present and will react in certain ways. The speaker advises not to fight the market but to understand and work with its tendencies, which is crucial for successful trading.

💡Personal Diary of Trading

This concept refers to the practice of documenting one's trading journey, which can provide insights into personal mistakes and improve trading skills. The video suggests that self-reflection through a trading diary can lead to better decision-making and strategy refinement.

💡Candlestick pattern training

Candlestick pattern training is mentioned as a potential 'trap' in the video. It refers to the study of historical price patterns in financial markets to predict future price movements. The speaker warns against over-reliance on this method, suggesting it may not be as effective as other strategies.

💡Risk management

Risk management is a key aspect of trading discussed in the video. It involves the process of identifying, evaluating, and prioritizing risks to minimize or eliminate potential losses. The speaker emphasizes the importance of not focusing solely on monetary gains but also on managing losses effectively.

💡Fear and Greed

Fear and greed are emotional factors that can significantly impact trading decisions. The video discusses how controlling these emotions is vital for successful trading. The speaker shares personal experiences and strategies for managing fear and greed to make rational trading decisions.

💡Incremental process

The incremental process refers to the gradual and step-by-step approach to increasing trading size and complexity. The speaker shares his experience of slowly increasing his trading size, which allowed him to adapt and manage risk without being overwhelmed.

💡False sense of security

A false sense of security in trading can lead to overconfidence and poor decision-making. The video mentions this concept in relation to having a large account balance, which might tempt traders to take unnecessary risks, contrary to the speaker's preference for a smaller, more focused account.

💡Telegram Channel

The speaker mentions running a Telegram Channel, which serves as a community platform for sharing trading insights and strategies. This channel is highlighted as a factor that increased the speaker's trading success, emphasizing the value of community and shared learning in trading.

💡Integrity and Process

Integrity and process are highlighted as core values in the video. The speaker advocates for a trading approach that focuses on consistent, methodical processes and maintaining integrity in all trading activities, rather than flaunting wealth or taking reckless risks.

💡Best Loser Wins

The book 'Best Loser Wins' is recommended in the video as a resource for traders. It suggests an unconventional approach to trading by focusing on learning from losses rather than just aiming for wins, aligning with the video's theme of continuous improvement and self-reflection.

Highlights

Tom starts the year with a capital of 100,000 and grows it to 1.5 million, emphasizing the importance of not fighting the market.

The value of a personal trading diary in improving one's trading skills is discussed.

Tom warns against focusing solely on monetary gains, suggesting it can be detrimental to trading.

Losses are highlighted as a source of valuable insights into trading mistakes.

Candlestick pattern training is described as a potential trap for traders.

Advice against rushing to become a millionaire and the importance of letting the market guide you.

Tom shares his incremental approach to trading larger sizes, drawing a parallel to Alex Honnold's free solo climbing.

The significance of preparation and incremental exposure to risk in trading is underscored.

Tom's methodical increase in trading size from 100 to 1,300 pounds per point is detailed.

The psychological aspect of trading and managing fear is discussed, with a focus on building emotional memory.

Tom explains his unique perspective on risk management and trading percentages of account size.

The importance of not having a false sense of security due to a large account balance is highlighted.

Tom's preference for starting with a smaller account and building up is explained.

The impact of running a Telegram channel on Tom's trading performance and mindset is discussed.

Tom's philosophy on living expenses and reinvestment of trading profits is shared.

The importance of integrity and process in trading over flaunting wealth is emphasized.

Tom addresses the issue of dealing with trolls and maintaining focus on the trading process.

Final thoughts on the importance of continuous learning and improvement in trading.

Transcripts

play00:00

trading nut episode 194. what cam that's

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not a secret at all uh I start the year

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with a hundred thousand I started this

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year with a hundred thousand and I do

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that and as at speaking rate we are now

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at 1.5 million and and that's just what

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everyone that's a publicly available

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information the Market's gonna do

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something your job is not to fight it

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the market never ever runs away it's

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always there that Personal Diary of

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trading will make you a much better

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Trader than I could be right about the

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direction but wrong about the trade

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don't focus on the monetary side trying

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to make too much money on a trade is

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what I have seen killed every Trader

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your losses offer you some of the

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greatest Insight you can find into your

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mistakes relax learn the process

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Candlestick pattern training is a

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freaking trap don't be in a rush to

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become a millionaire let the market tell

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you what the market wants to tell you

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this podcast is not Financial trading or

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investing advice of any kind what's up

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Traders welcome to part three of the Tom

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who guard series now part one and part

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two if you miss them they are over there

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on trading up.com or on the YouTube

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channel they are top top drawer so the

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feedback and comments that I've seen

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have been amazing seeing people

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absolutely loving these interviews so

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thanks once again Tom for sharing this

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Insight now guys in today's show he

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talks about trading larger size right so

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trading with large size in fact he was

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able to go from 100 000 to 1.5 million

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by the time we'd recorded the interview

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this year in the first eight months I've

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done not too sure where he's at now but

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um to find out how he does it and it's

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probably different from what I see every

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other Trader on the show do you're gonna

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need to listen up it to the interview

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that we're just about to drop here in a

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second now if you do want to find out

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more

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about what uh Tom's doing then I do

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recommend this book best loser wins so

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I've read it twice and it's got a

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completely different way to look at

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Mighty in fact it gives you some tools

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and techniques to try and break the

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habits that you've piped but that are

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potentially holding you back so please

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go and check that out there there are

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links in the show notes for that as well

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um other things happening here before we

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get into this we've got Kieran Davis

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back on the show giving us a 10 minute

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guide to trading Wyckoff like a pro so

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this is a great little video you're

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gonna have to check it out do remember

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hit subscribe hit like and you'll

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probably get notified when these uh that

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video drops and last but not least

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before we get into it if you're looking

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to automate anything that you're doing

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you want a bit of a hand i'm I've got my

play02:29

robot Builders Club where I teach you

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how to build pretty much anything you

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can dream up uh fully automated or

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semi-automated without doing any coding

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at all we've also got robot Lab live

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where you can follow along with me

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building out a trading robot from where

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to go with the goal of it passing a

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funding Challenge and the last man not

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least you've got the free trading robot

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to try that's over there on

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tradingut.com links under the video on

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the podcast subscription to all of that

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stuff all right enough from me let's get

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on with part three here with Tom as

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you'll know as a Trader one of the

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biggest issues can be coming up with

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enough Capital to make it worthwhile

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well the good news is my sponsor City

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problem for you they're day trading and

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you can trade between ten thousand and

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four million in capital with up to 100

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profit share yes you get everything you

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make on the account plus the focus of

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CTO I've made it super stress free

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allowing you up to six months to pass

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the funding challenge which means if

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life gets in the way you can park things

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for a while and stick to your trading

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plan to check them out click the link in

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the description below or in the card

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above radio folks we managed to get uh

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squeeze another couple of questions in

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here with Tom uh we realized we didn't

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really talk about the difference between

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going from sort of trading a lower size

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to a higher size and what that entails

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like from a mindset point of view it's

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got to be quite a big shift right so how

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do you how does somebody cope with that

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Tom

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okay so the first thing I want to do is

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I want to take you to a movie uh that is

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part of the repertoire as my preparation

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not every single day but definitely on a

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weekly basis and it's called free solo

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and it's with a gentleman called Alex

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Honnold and Alex Honnold for me

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epitomize is what

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people perceive as fearlessness he

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climbs up the the rock face uh or the

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Yosemite uh El Capitan

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but when you actually hear Alex honold's

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approach to free climbing free climbing

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without ropes you're saying to him well

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obviously the the consequences of

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climbing well our rope are much bigger

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than when you climb with a rope and I

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relate that to trading big size versus

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small size and so when we're trading uh

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so the biggest position I ever had was I

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was trading the the foot syntax in 3 500

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pounds a point now the average stake

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size I have been told by Brokers is

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about seven to ten pounds so you can see

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there's a big big difference between

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trading 10 pounds a point and trading

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three and a half thousand pounds a point

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you're 10 points offside and you

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basically just lost an average Earnest

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income in just 10 points and so what I

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loved about the Alex honnold's approach

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to free climbing is that to the to the

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naked eye it seems as if he's just this

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Daredevil adrenaline freak but actually

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he isn't he takes his preparation to a

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whole new levels so that he can and

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assimilate whatever pressure may come

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from free soloing you know three and a

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half thousand feet up in the air and

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there's absolutely nothing but the abyss

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underneath and the same when you're

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trading enormous size you don't just

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dive into trading big size I didn't just

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stop trading three and a half thousand

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pound a point but I knew

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incidentally I had a friend who uh who

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works in one of the major Brokers up in

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London I said to him who's your biggest

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Trader and what do they trade and say

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well our biggest Trader is so-and-so and

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he trades a thousand pounds a point in

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the ftse and I said

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that was a point

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nuts that's like what

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that's an enormous I can't even imagine

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you're trading a thousand pounds a point

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and here I am

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um 10 years later and I'm trading three

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and a half times more sorry yeah than he

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is

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and when I look back to how did I get to

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that well it was as slow and increment

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process oh and this is what I

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recommended you know we spoke about Pete

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who was trading upon appointment I I

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went through this process and and I

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can't you're not gonna like this and

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your viewers are not gonna like it

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because at a it is it is the borderline

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anal obsessive approach to trading right

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but it was actually a gentleman called

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David Paul if you ever want to interview

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a real hardcore guy who has been in

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tremendous inspiration to me you want to

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invite Dr David Paul but David Paul said

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to me you want to increase your trading

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size do 30 trades review 30 trades

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review 30 trades review and constantly

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expose yourself

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to your weaknesses

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uh patch them up make your weaknesses

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your strength

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and review so he was constantly

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reinforcing pressurizing yourself to The

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Breaker Point

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review

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go back in again review so that

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everything you just did became second

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nature and the funny thing was when I

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finally made it up to 100 pounds a point

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200 Point what came next it wasn't 101

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102 because thinking I'm just doing the

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process here I'm so familiar with the

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process and the fair stimuli is being

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neutralized and going from 100 to 200

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was like

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but going from 5 to 10 was like oh my

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God I am dying here I am trading 10

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pounds a point I can't cope with it I

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can't deal with it you know oh my God

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and then you sort of you became you

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became accustomed to that so from 100

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200 boom and then the odd thing was and

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then I went from 200 to 300 and before I

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knew it I went 300 to a thousand and

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then I was a thousand thinking I got a

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bit more in me here I'm gonna go 1300.

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and the reason is I can I can trade an

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Inca who I trade with the broker Trader

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will allow me to trade in increments of

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Max 300 pounds a point so that's why I

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went 300 300 300. and and so that all of

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a sudden I'm thinking what is my

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Precision oh I am long two and a half

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thousand pounds a point here and I'm

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seven points in profit that feels good

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so

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take the Counterpoint Trader like P

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he went from one to five and he nearly

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spontaneously combusted he couldn't cope

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with it so I said to him okay go back

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and then rebuild slowly David Paul who I

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just recommended he has This brilliant

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story of how he got his wife to exercise

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he didn't say to her all right love go

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and go and run 10 kilometers he said go

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and run up to the light post it's 500

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meters and if you have to walk

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because what you have to be mindful of

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here and that's what this whole uh this

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whole communication between you and I

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today this podcast is about how do I

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navigate around my fair mind that's what

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this is all about we've been talking

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about many things but ultimately what

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people need to do is to control their

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Fair mind and if you introduce too big a

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change too soon your mind is gonna go I

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can't cope with this but if you

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introduce

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changes slowly gradually and

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imperceptibly the mind is not gonna

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reject it through fear let's go I can

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cope with that oh I can cope with that

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or I can cope with that

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that's how you build up size but

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incidentally building up size is

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synonymously with also being a better

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Trader because trade bigger size because

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your process has changed and your

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approach to fear has been changed as

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well

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does that make sense to you that we we

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instill change slowly and gradually so

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that our minds do not object to the

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change

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yeah I did that with uh cold showers I

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I'd start off with a warm whole normal

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shower yeah and then the last few

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seconds cold and then like gradually got

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to the point where now I have a cold

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shower every morning and probably maybe

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even

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and then it's like you know two degrees

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outside so it's it's pretty cold

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um now question on that question on that

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so what about like I mean most Traders I

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talk to talk about you know trading

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percentage of your account now your sort

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of sounds like you've got a completely

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different view on like I have a

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different view on so many things I don't

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use risk to reward because I'm thinking

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why would I know what my reward is I

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want to know what the market will give

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me and also say you have a hundred

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thousand account and you use one percent

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I'm asking myself well why would I have

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so much money in the account that just

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creates a false narrative it creates a

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false sense of confidence I don't want a

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hundred thousand in my account and only

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use a thousand it for trading Capital

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then I would rather have ten thousand my

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account ninety thousand in reserve and I

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use ten percent of my account because

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then I will have to refund and then

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maybe in the process of refunding my

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account I'm just gonna go hang on before

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I hand over my credit card maybe I

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should just think why did I just blow up

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but if you have a hundred thousand you

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create this false security oh I got

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plenty of money in the account I'll just

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carry on I would rather back someone on

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a on a shoestring than on a big account

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that makes a lot of sense and a ton of

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Sensations

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this stuff is like bounced around my

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mind for years and I'm like why would

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somebody trade two percent or one

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percent on a a hundred thousand dollar

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account what was the reason

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oh we're just oh someone said it once

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and then oh that's probably right but we

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need to start thinking for ourselves and

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we need to confront these old doctrines

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and say does that actually apply to me

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and I don't think it does because I

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don't live to play safe

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I want to live out there

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I'm going to take chances

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I I because I don't want to live with

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regrets I want to see how far can I push

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it

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but I don't want to be Reckless either

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so I need to review

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push the boundaries review push the

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boundaries review

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why do you think Kobe Bryant would get

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up so early and practice 700 free shots

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before the rest of us even got out of

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bed because through his practice

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he established muscle memory and I want

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to established emotional memory on my

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trading I don't think about oh my God I

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gotta get out of this trade because you

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know I'm five point in profit I'm gonna

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go can I add to it muscle memory can I

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add to it muscle memory

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that's my approach to it

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and that is through constantly pressing

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the narrative constantly present

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okay don't don't don't settle don't be

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content

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because the worst thing he

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I I injured my back recently and so I uh

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uh I I had to go to Physiotherapy and

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this physiotherapist I went to he was an

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absolute Maniac himself an Iron Man

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Runner

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and he said to me when I win an Iron Man

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do you think I sit there and go yay

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Haagen-Dazs ice cream time no I'm gonna

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go when can I win the next one and I

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love that mentality yeah you know you

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rest on your lord for a day or two and

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you go back to it yeah yeah let's get

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back in there

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I like that

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last question right last we've been at

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this for two and a half hours so this is

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going to be the last question before uh

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we we say goodbye keep saying that yeah

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I know this is the last one and I don't

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like asking this question to people

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because it's sort of to me it seems like

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um and feel free not not to answer it

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but it always feels like it's like me

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saying what's your salary here but I

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know you feel the open with what you do

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um what so the question is what was the

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last deposit that you put into an

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account

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without blowing it what is your sort of

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final deposit amount

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where that was your initial deposit

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oh it can that's not a secret at all uh

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I start the year with a hundred thousand

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I started this year with a hundred

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thousand and I do that and as at

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speaking rate we are now at 1.5 million

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and and that's just what everyone that's

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a publicly available information right

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and and I I you say why don't you start

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with a million quid I said well because

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the broker won't allow me to trade

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bigger that's the that's the gas on the

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truth the the broker hang on there hang

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on there uh just calm yourself I

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when I get phone calls from the broker

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it's not Margin Call this do you think

play15:25

you could calm down a little bit because

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I cannot keep up with the hedging so say

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for example I'm trading the NASDAQ and I

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go 200 200 200 200 the program will call

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me today post it there you're machine

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gunning me I can't keep up okay so you

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know I you can make all the money you

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want and I'll go out and hedge but you

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gotta at least give me two seconds in

play15:45

between trades so I can at least just

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have a fighting chance to keep up with

play15:49

and you know we have that dialogue the

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broker is my friend the broker is there

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he he is the conduit between me and the

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market and and I am and I understand the

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broker needs to make money as well I'm

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I'm with that

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um but there's but I uh I don't want to

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make enormous deposits because much less

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will do I'm trading on 201 Martin as it

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is anyway and it's a great broker

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instant execution but I don't want to

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have these big accounts because it also

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creates a false sense of security I

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don't want to say hey if I blow up I

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want to go okay you just lost 100 000

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pounds and by the way when I started

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trading that this year I went from 100

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000 to 70 000 on the first trade

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and I went [ __ ] and then and by by day

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two or day three I was then up at 220

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000 pounds and so it was a bit of a blip

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but it's important not to have a false

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sense of of confidence you and and I

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feel that you create that by starting

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slow and then you just build up and

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build up and I don't even take money out

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either they're just staying there

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all right so so okay and so what in

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terms of like living expenses and stuff

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you just use the what the money you made

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the year before or yes Ah that's right

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oh right that's how I do it okay so um

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so what the last question I can

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obviously there was the last one but

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this is the last one honestly ah there

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you go it was the last one what does it

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what does it feel like at the end of the

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year when you've made that withdrawal to

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get you back down to 100 and on that

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sort of changeover period what's the

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sort of does anything change for you

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I in my telegram Channel I think we

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average well I average about 20 000

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pounds a day

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and when I then when I finished the year

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but incidentally I have to tell you this

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because I want to be truly honest and a

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transparent my trading size

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really escalated when I started running

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the telegram Channel and I started

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making a lot more money when I ran the

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telegram channel do you understand now

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what I say that actually I should be

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paying people to be in the telegram

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Channel yeah because

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that audit process became ever more

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important than it ever was

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and so taking the money out it's like oh

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well whatever because you know you

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covered all your living expenses and

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then you focus on the process and and

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cam if you knew me I'm not a spender I I

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you know I don't I don't look at me I

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don't create YouTube videos with me

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sitting behind a Lamborghini although I

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could afford 10 of them if I wanted to

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that's not the point isn't it I don't

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wanna I don't want to portray an image

play18:29

of wealth I want to portray an image of

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integrity and process because me

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standing behind or in front of a

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Lamborghini or a Rolls-Royce or whatever

play18:39

that yes and it's so stupid because this

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doesn't make doesn't make the viewer a

play18:45

good Trader to see that you've got

play18:47

wealth that you're flaunting with a

play18:48

Philip pateka and a big house and a

play18:50

Rolls-Royce Phantom and whatever else

play18:52

these tossers are showing you know what

play18:54

you want to do is you want to appeal to

play18:56

people and say how can I make you a

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better Trader well I can make you a

play19:00

better Trader by making you focus on the

play19:03

process and I'm making you focus on when

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you wake up in the morning you're saying

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to yourself how can I avoid being like

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the 90 that is also going to trade today

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because they will lose

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and that's that's what I want to be

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known for that's the narrative that I

play19:17

want to push

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why well because then I can look myself

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in the mirror and then I can live with a

play19:23

life with integrity

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that's awesome and and I mean what

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what's what I find weird is you know you

play19:30

even then you'll get people trolling you

play19:32

and oh hating on you I got some people

play19:36

that have created channels where they

play19:38

put homophobic images sorry sexual

play19:42

images when they they transport my face

play19:45

on to homosexual images I'm from Denmark

play19:48

you know sexual Liberation came to

play19:51

Denmark before any other country in the

play19:52

world we liberated porn so I grew up

play19:55

with a fair degree of uh of a natural

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um shall we say uh a natural uh

play20:03

relationship with nudity and sex but

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some of these people they think that I

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must be offended because they take my

play20:09

face and transpose it onto two men

play20:12

having sex yeah I just think white

play20:14

boiler

play20:15

your time with that it is the most

play20:18

utterly pointless exercise in the world

play20:20

so you don't like what I do

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go and do something else mate I don't

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care I'm not asking people to give me

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money I'm just doing it because this is

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what I love to do this is crazy you know

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what there's an abundance of strange

play20:34

people in this world and you just gotta

play20:36

live with it yeah yeah exactly hey look

play20:39

um thank you once again for coming on

play20:40

and guys I I do promise that we'll get

play20:42

Tom back on here again and he's promised

play20:44

to do us a a chat breakdown as well so

play20:46

if you if you yeah if you wanted to see

play20:49

some chat stuff it is coming but stay

play20:52

tuned uh it'll be on the channel soon

play20:53

Tom before you react again John just let

play20:56

people know how they get hold of you and

play20:57

all that sort of stuff

play20:59

yeah um I have a website called

play21:02

tradertom.com and once you get there

play21:05

it's pretty self-explanatory and by the

play21:08

way just a word of warning if you ever

play21:12

come across someone saying they're me

play21:13

and they're charging you money because I

play21:15

want to sell your secrets it's not me

play21:19

I don't charge by anything yeah

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yeah guys

play21:23

um do you remember we did do an amazing

play21:25

podcast and we've got two parts to it uh

play21:27

links below the video Hit subscribe hit

play21:29

like click on the notifications Bell

play21:30

click all so you don't miss it all right

play21:33

we'll see you in the next video hey

play21:34

folks ever wonder what broker I use well

play21:35

I use senko trade it was a no-brainer

play21:37

because I was looking for a broker with

play21:39

good trading conditions and one that

play21:40

wouldn't restrict my leverage Now by

play21:42

joining hanko trade I've also cut down

play21:44

my trading costs significantly with this

play21:46

super low commission of just one dollar

play21:48

per 100K you can learn more at

play21:50

hankotrade.com or just click the link of

play21:52

put in the description or if I say you

play21:54

have an interview done with Trader Tom

play21:56

there if you do want to check out past

play21:58

one and part two which are a much longer

play22:00

so in fact there's they're an hour each

play22:01

this one was a bit shorter then head

play22:04

over to tradinet.com and you'll find

play22:05

those over there and do remember check

play22:07

out his book best loser wins to really

play22:10

understand how you can do some practical

play22:12

stuff with your trading to improve your

play22:14

trading mindset so awesome stuff there

play22:16

from Tom now other things dropping here

play22:18

remember that Karen Davis video on the

play22:20

Wyckoff Trading like off like a pro and

play22:23

it's a 10 minute guide and it's pretty

play22:25

much the best guide I've seen in terms

play22:26

of understanding how Wyckoff works and

play22:29

if you're looking to automate anything

play22:30

you you can dream up then I do have a

play22:33

course called robot Builders Club where

play22:36

I can teach you how to do that without

play22:37

doing any coding at all we've also got

play22:39

robot robot Lab live where we're

play22:41

building a trading robot with the goal

play22:43

of it passing a funding Challenge and

play22:45

you can get a free trading robot over

play22:46

there on tradinglut.com if you just want

play22:48

to try things out and see how it all

play22:50

works alright folks enough from me and

play22:52

we'll see you in the next episode

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