video

Summary

The video script discusses the parallels and differences between trading and poker, highlighting the advantages of trading. It emphasizes the importance of being alone when trading, which allows for privacy and control over one's emotions and reactions. The speaker shares insights from a conversation with a professional poker player, noting the pressures and external factors that can influence performance in poker and other sports, which are not present in trading. The video encourages viewers to reflect on their trading decisions, reminding them that they are not at the center of the world's attention and that their reactions to market movements are what truly make a difference in their success. It concludes by stressing the significance of managing one's emotional responses and the potential for growth from an aspiring trader to a successful one.

Takeaways

• 🃏 The speaker discusses the existence and legitimacy of trading and poker as professions, highlighting the differences and similarities between the two.
• 👤 The advantage of trading is that it can be done privately without revealing one's emotions or expressions, unlike poker where players sit across from each other.
• 🚫 The speaker emphasizes that trading does not have external pressures like those found in physical businesses or team sports, which can negatively influence decisions.
• 🤔 The importance of managing one's emotions in trading is stressed, as the wrong reactions can lead to disastrous outcomes.
• 💡 The concept of being alone in trading is highlighted, suggesting that it allows for self-reflection and the ability to control one's actions without external interference.
• 📉 The speaker points out that the majority of trading failures stem from human emotions such as greed and fear, which are not inherent to the trading process itself.
• 🎯 Successful trading is attributed to the ability to interpret situations and manage reactions to losses or gains, rather than the trading actions themselves.
• 🧘‍♂️ The video encourages viewers to practice self-control and to become their own 'seismographs', monitoring their emotional responses to trading scenarios.
• 🚀 The transformation from an aspiring trader to a successful one is described as a moment of realization and self-awareness, rather than a complex process.
• 🌐 The speaker reminds viewers that they are not at the center of the world's attention, and their trading decisions do not affect the broader market or other traders.
• 📚 The value of the video content is in providing knowledge and guidance to those who are not yet proficient in trading, emphasizing the need for learning from experienced traders.

Q & A

What is the main topic discussed in the video script?

The main topic discussed in the video script is the comparison between the professions of trading and poker, highlighting the differences, similarities, and the advantages of trading over poker.

Why does the speaker mention an ambulance and police in the beginning?

The speaker mentions an ambulance and police to express frustration about interruptions during video recording, although the exact reason for their presence is not detailed in the transcript.

What does the speaker find irritating while making videos?

The speaker finds it irritating to be interrupted, particularly by an ambulance and police, while they are trying to make videos.

Why does the speaker say he was not on vacation but had a work appointment?

The speaker emphasizes that he was not on vacation to clarify that his presence was for a scheduled work appointment, not for leisure, which might be relevant to the context of discussing professional activities.

What does the poker player's lifestyle involve according to the speaker?

The poker player's lifestyle, as described by the speaker, involves frequently traveling to places like Las Vegas to participate in poker tournaments.

What advantage does the speaker claim traders have over poker players?

The speaker claims that traders have the advantage of privacy and solitude, as they can conduct their activities without anyone being able to see their facial expressions or emotions.

What is the biggest mistake that traders make according to the video script?

The biggest mistake traders make, according to the script, is letting emotions like greed and fear drive their actions, leading to poor decision-making.

Why does the speaker say that many people forget the solitude aspect of trading?

The speaker suggests that many people forget the solitude aspect of trading because they may be influenced by external factors or pressures that are not present in the trading environment.

What is the key to success in trading according to the video script?

The key to success in trading, as per the video script, is learning to manage one's reactions to various situations and outcomes, as the trading process is internal and not subject to external pressures.

How does the speaker describe the difference between physical sports and trading?

The speaker describes the difference by pointing out that physical sports, like soccer, involve team play and are subject to external pressures from coaches, teammates, and the media, whereas trading is an individual activity with no external influence on the decision-making process.

What advice does the speaker give to aspiring traders?

The speaker advises aspiring traders to be mindful of their solitude, to take a moment before making decisions to analyze their actions and motivations, and to practice self-control in certain situations to progress from being a trader in training to a successful trader.

Outlines

00:00

😀 The Existence of Trading and Comparisons with Poker

The speaker begins by addressing the topic of trading and its existence, indicating that it's a subject for another video. They share an anecdote about being interrupted by an ambulance and police while making videos, expressing their frustration. The speaker recounts a conversation with a professional poker player, highlighting the differences and similarities between professional poker and trading. They discuss the advantages of trading, such as not needing to hide one's emotions due to the solitary nature of the activity, as opposed to the social setting of a poker table. The speaker emphasizes the importance of managing emotions and reactions in trading, as these internal factors, rather than external pressures, are what can lead to success or failure in the trading world.

05:01

🤔 The Psychological Aspects of Trading and Its Advantages

The second paragraph delves into the psychological aspects of trading, emphasizing that traders are in control of their reactions to losses or gains, which is a key to success. The speaker suggests that while many people understand the basic mechanics of trading, such as buy and sell, the real challenge lies in managing one's emotional responses. They argue that unlike in other professions or games where external pressures can influence performance, in trading, all pressures are self-constructed. The speaker encourages viewers to reflect on their actions and decisions in trading, reminding them that they are alone and not the center of attention. They conclude by advising viewers to take a moment before making decisions and to practice self-awareness and self-control, which are crucial steps from being an aspiring trader to a successful one.

Keywords

💡Trading

Trading refers to the act of buying and selling financial instruments such as stocks, bonds, commodities, or currencies with the goal of making a profit from price movements. In the video, it is a central theme as the speaker discusses the parallels and differences between trading and poker, highlighting the advantages of trading, such as the lack of external pressures compared to other professions or games.

💡Poker

Poker is a popular card game where players bet on the strength of their hands, which are dealt to them. The video script compares the mental aspects of poker playing with trading, emphasizing the psychological challenges and the importance of managing one's emotions and reactions in both activities.

💡Emotions

Emotions are feelings that can significantly influence a person's actions and decisions. The video emphasizes that managing one's emotions is crucial in trading because uncontrolled emotions like greed and fear can lead to poor decision-making. The speaker contrasts this with poker, where emotions are more visible and can be read by opponents.

💡Bluffing

Bluffing is a strategy used in games like poker where a player pretends to have a stronger position than they actually do to deceive opponents. The video script uses bluffing as an analogy to discuss the importance of controlling one's emotions and expressions in poker, as opposed to trading where one's facial expressions and emotions are hidden from view.

💡Greed

Greed is an intense and selfish desire for something, especially wealth. In the context of the video, greed is portrayed as a destructive emotion that can lead to bad trading decisions. The speaker advises viewers to be aware of and manage such emotions to avoid negative outcomes in trading.

💡Fear

Fear is an emotional response to a perceived threat or danger. The video discusses how fear can negatively impact trading performance if not properly managed. Fear can cause traders to make hasty or irrational decisions, leading to potential losses.

💡Professional Poker Player

A professional poker player is someone who makes a living by playing poker, often participating in high-stakes tournaments. The video script mentions an encounter with a professional poker player to illustrate the comparison between the mental and emotional aspects of poker and trading.

💡Las Vegas

Las Vegas is a city renowned for its casinos and is often associated with gambling and poker. In the script, it is mentioned as a place that professional poker players frequently visit, highlighting the lifestyle and environment associated with professional poker in contrast to the more solitary nature of trading.

💡YouTube

YouTube is a video-sharing platform where users can upload, share, and view videos. The speaker mentions YouTube in the context of watching recorded poker championships, indicating its use as a resource for learning and entertainment related to the discussed topics.

💡Loss

A loss in trading refers to a financial setback where the value of an investment decreases. The video emphasizes that it's not the loss itself but the trader's reaction to it that can make or break their success. How one deals with losses is a critical aspect of trading psychology.

💡Self-Control

Self-control is the ability to regulate one's emotions and actions in the face of temptation or stress. The video stresses the importance of self-control in trading, as it can prevent impulsive decisions that are driven by emotions rather than rational analysis.

Highlights

The existence of professional poker players and the comparison with trading, emphasizing the differences and similarities.

The importance of not needing to hide one's emotions in trading, unlike in poker where players must conceal their tells.

The speaker's personal experience of meeting a poker champion and discussing the professional aspects of poker.

The realization that trading is often misunderstood due to the lack of visibility and understanding of the profession in Italy.

The discussion on the emotional aspects of trading and how they differ from the external pressures in poker and other physical activities.

The concept that the biggest disasters in trading often stem from human emotions such as greed and fear.

The advantage of trading in terms of being able to manage one's own emotions without external influences.

The idea that in trading, all processes are internal and self-constructed, unlike in team sports or poker where external factors can affect the game.

The advice to always remember that in trading, one is alone and should make decisions without the pressure of being watched or judged.

The emphasis on the importance of managing one's reactions to trading outcomes as a key to success.

The speaker's personal anecdote about how they react to losses and the freedom to choose one's own emotional response.

The assertion that the majority of people who study and apply themselves seriously to trading can succeed, contrary to common misconceptions.

The discussion on the parallels between trading and poker, including the advantages that trading has over poker.

The reminder that trading is a solitary activity and one should take the time to analyze decisions before making them.

The idea that the world does not revolve around the trader and that there is no need to feel pressured by external factors.

The encouragement to practice self-analysis and self-control as a step from being an aspiring trader to a successful one.

The final message that the video aims to make viewers reflect on their trading decisions and the importance of being alone in the process.

Transcripts

per la rubrica il Trading esiste o non

esiste questo è un altro video

Bellissimo che farò per

spiegarvi alcune

cose mi trovavo io non so perché

l'ambulanza e la polizia devono passare

mentre faccio i video io mi fa incazzare

questa cosa mi sono ritrovato avevo un

appuntamento di lavoro non sono qui per

vacanza avevo un appuntamento di lavoro

e mi sono ritrovato a parlare con con un

campione di poker e

Tra l'altro non mi ha detto cazzate

perché mi ha fatto vedere pure su

YouTube che c'erano le le puntate dei

campionati che ha fatto registrate

quindi un pokerista professionista lui

vive solo di

questo quindi va spessissimo a Las Vegas

eccetera eccetera eccetera e e Gli

spiegavo questa cosa qui gli dicevo

cazzo Tu vivi di poker come c'è tanta

gente che vive di poker ovviamente a

certi livelli ragazzi non quelli che che

che giocano dalla cameretta al computer

c'è gente che è pokerista professionista

Ok

Ehm ovviamente il poker è un gioco Lo

sappiamo Ok però gli Gli spiegavo che

lui vive di poker ma ancora no in Italia

siamo rimasti indietro perché pensiamo

che non esiste neanche il Trading Quindi

figuriamoci il poker per carità di Dio

ovviamente ci sono tutte le dovute

differenze Perché come ho già detto il

poker è una cosa Il Trading un'altra

Però mi ha fatto mi ha fatto fatto

notare una cosa Perché a un certo punto

mi ha detto guarda tu sei fortunato

perché fondamentalmente non hai bisogno

di nasconderti perché nessuno può vedere

la la tua espressione i tuoi bleff le

tue emozioni le tue sensazioni perché

sei da solo davanti un

computer rispetto a lui invece che

ovviamente quando si siede al tavolo

e ovviamente è lì e ha i suoi tra

virgolette

competitor seduti davanti a lui e

parlavamo proprio di questo dei vantaggi

del

Trading rispetto anche al

poker come ci sono ovviamente vantaggi

Anche rispetto ai business fisici

eccetera eccetera eccetera no E mi ha

fatto riflettere sul fatto che molta

gente si dimentica che quando fa

Trading Non ha

assolutamente il alcun motivo per

preoccuparsi Cioè non mi spiego meglio

perché è un concetto è un concetto

difficile da spiegare che però può

aiutare tantissime persone cioè

quando la maggior causa di disastri nel

Trading nasce dal fatto che si iniziano

a fare cagate e le cagate si iniziano a

fare perché uno inizia ad

avere avidità ansia paura eccetera

eccetera tutte quelle sensazioni

emozioni che fanno parte dell'essere

umano

Ok A differenza però ora Qui si stava

parlando di di poker Ma ripeto anche

nell'economia nei business reali fisici

dove magari ci può essere la pressione

data da un collega dal dal tuo dirigente

d'azienda

dal non so da da un fornitore C ci sono

tanti fattori esterni Ok che possono

influenzare in maniera più o meno

negativa quello che stai

facendo pure il gioco del calcio gioco

del calcio è un gioco di squadra Quindi

uno è soggetto a varie pressioni da

parte di giornalisti allenatori compagni

di squadra ecc Cioè se se voi Guardate

qualsiasi attività fisica e non

fisica gioco e non gioco che sia il Pog

che sia ha sempre questo fattore esterno

in un modo nel l'altro Lui mi diceva

pure che in alcune gare provavano a

farlo innervosire

e quindi magari con con dei colpi bassi

OK e quindi C'era sempre questa questa

componente esterna che in un modo o

nell'altro può influenzare nel Trading

tutta questa roba Non esiste ma accade

interamente nella vostra testa quindi

sono tutti dei processi che vi che che

vi andate ad

autocostruire ma in realtà non esiste

nulla

Ecco perché prima vi dicevo quando fate

Trading dovreste ricordarvi lo so sembra

banale però dovreste ricordarvi sempre

che siete da

soli Lo so che sembra una cosa Però

ragazzi non è una cosa stupida fidatevi

che dietro al successo di gente come me

ci stanno concetti che sembrano banali

ma poi non sono banali cioè siete voi a

decidere quando cliccare Bios Sell siete

voi a decidere come interpretare una

situazione Anche se questa situazione è

un Loss siete voi a dare vita alle

conseguenze di quel Loss Ma io posso

perdere €100 ma poi sarò io a dar vita a

tutto quello che farà eh scatenare le

mie reazioni posso strapparmi i capelli

iniziare ad urlare Non lo so essere

felice cantare ballare essere

indifferente impassibile cioè Siamo è la

nostra reazione alle cose che fa la

differenza nel Trading non sono le cose

Io ve lo assicuro quindi imparare a

gestire le nostre reazioni alle cose è

la chiave di successo Perché perché

dalle reazioni sbagliate avvengono i

disastri voi non guadagnate per le

reazioni sbagliate non è che non

guadagnate perché quantomeno La maggior

parte della gente che si applica in

maniera seria e studia il Trading non

chi lo fa Cazzo ok perché sappiamo

benissimo il buy Sell il fattore

statistico i mercati o vanno su o vanno

giù cose che abbiamo spiegato e

rispiegato mille volte quand'è che si

arriva sempre al grande problema quando

avvengono delle reazioni sbagliate Ma

sono reazioni che partono da noi

e e che non hanno alcun tipo di

influenza esterna perché l'unico settore

grazie a Dio

e dove questa cosa qui è veramente

evitabile basta un pochino di

allenamento ovviamente e uno si deve

anche impegnare ok Non è che però Ecco e

quindi niente È stata una chiacchierata

molto interessante dove ci siamo messi

fondamentalmente a a a discutere sui

tantissimi parallelismi che ci sono tra

il Trading e il poker ma anche sulle

tantissime differenze e i tantissimi

vantaggi che ha il Trading sul poker

Cioè ha solo vantaggi ed è stata una

cosa una chiacchierata interessante

diciamo Insomma

quindi niente ragazzi Questo è un video

che vi vuol far riflettere sul fatto

Quando fate Trading siete da soli quindi

pensate molto bene a questa cosa Il

mondo non sa che esistete i mercati non

sanno che voi esistete nessuno sa che

voi esistete non vi caga nessuno State

tranquilli non siete al centro del mondo

Quindi ogni volta che state per prendere

una decisione cercate di fermarvi un

attimo e analizzare quello che state

facendo e il perché lo state facendo

continuate a fare Questo

esercizio giorno dopo giorno e io viico

che poi una volta iniziato a

a a dirigere Ok ad essere sismografi di

se stessi a iniziare cioè iniziare ad

autocont controllarsi in determinate

situazioni ragazzi guardate che cioè lo

step da da da aspirante Trader a Trader

di successo È un attimo non sto

scherzando è la la la la il la barriera

sta lì non sta in nozioni del lasciate

perdere quello che sentite in giro sul

web scordatevelo quindi ragazzi Io spero

che questo video vi sia servito ma

ovviamente come sempre i nostri video vi

servono dici perché Perché vi servono è

ovvio Perché non sapete far Trading

quindi i video fatti da uno che sa far

Trading che esiste Ovviamente vi servono

Ok dai vivea il Trading buon Gain a

tutti Ciao