I think this ties in with the need to be right or loss aversion. But a major problem i see with beginners is thinking in probabilities. Like the great M.Douglas once said, It's one thing to understand probabilities, but it's another to actually start thinking and applying probabilities to your trading. Im paraphrasing by the way.
@michaelbe68384 жыл бұрын
8:05 'Feeling like i m wasting time' thats certainly me
@twtw7852 жыл бұрын
You did a super good job articulating the potential problems that traders might face. Can you do a video on how to fight the internal demons during trading such as tilt and revenge trading ?
@mosepro.14234 жыл бұрын
My real core problem/ root cause issue for the last 5 years is self imposed deadlines. Unfortunately now that I’m 24 is now that I realized that I need to focus on long term. Feeel like I wasted 5 years of my productive years. Thank you bru!!
@lombardo1413 жыл бұрын
You don’t realize how lucky you are to have started young. You have enough time to wipe out mistakes. Trading is not the end all be all but it sure can open your eyes to new opportunities.
@clintonndumisongobe6554 жыл бұрын
For me it used to be that I want to be successful now because of the need to make more money. But really I have gone through the hard knocks and I am happy to take things slow lol. Its less expensive.
@tomorlando62474 жыл бұрын
I realize from watching your video that discipline , sticking to the system is a problem and putting lots of pressure to make money, so I can live the life I want.
@aweinfinitebliss4 жыл бұрын
I used to feel like I was waisting time. Lately it has been an issue of messing around with stale markets😂- One you learn how to trade all you need to do regulate WHEN you trade. Still an issue I'm having
@KashifAli-tl3uu4 жыл бұрын
Your videos are very helpful. Keep sharing your thoughts. Many are benefitting .
@coyz22093 жыл бұрын
Remember, the best friend of "PATIENCE" are "SILENCE".
@Duomoinitiative3 жыл бұрын
👍
@ammaralfa47844 жыл бұрын
I think another main problem that gives birth to wrong trading is after blowing an account we deposit less amount the second time , so when ever we take a trade the first thing that hops in our head is our old account that was burned down and without being conscious we start to slowly increase our risk aiming for a jackpot trade that will at least bring back half of our old account , and that leads to all these other problems , so i think personally after blowing an account take 1 week off and then come back and deposit either the same amount you lost or more , but never less and by doing this we are putting our gambling mindset aside so we don’t have nothing to make up just start fresh clean and know worse case scenario with good risk you will need 6 months to gain 100%.
@m.dickinson4363 жыл бұрын
Your talks are so useful and wise. Thank you so much!
@Landinus04 жыл бұрын
I have a huge lack of confidence after put my trade, so i dont let the trade run. Now i just put oco orders and close the screen after the trade start. Stay watching the trade run is so difficult, so i close my eyes and belive.
@conzantis13 жыл бұрын
THANK YOU SO MUCH FOR THE VALUABLE INFORMATION IN THIS VIDEO
@ricardoplehn81314 жыл бұрын
Outstanding video as always. I do miss the jokes and comparisons between real life examples like TV shows or events that you relate to trading. It's always easy to digest in a video. However, when you are right on the heat during the war is difficult to settle the emotions. I found the music for trading quite useful. What other kind of tools can we use to control those emotions? It's great to have you back on youtube!
@sdalt144 жыл бұрын
Great to have you back with videos, always valuable insights and information
@osteen4x4 жыл бұрын
I can relate to all these 😔 Thanks for the video man. Please we also need more trading music of yours. Very helpful
@skhumbuzojali39514 жыл бұрын
Thank you so much for this video, I definitely related to some of the stuff you mentioned here
@MarkEm2 жыл бұрын
My problem is looking in the wrong markets and missing trade opportunities in the markets I do follow
@OyeBeto4 жыл бұрын
I agree with every point. Thank you so much for the videos.
@livenletlive2664 жыл бұрын
Brilliant Analysis!!! thanks Nicolas
@Duomoinitiative4 жыл бұрын
Thanks Madhu
@robbertlewdrah10294 жыл бұрын
Video about new trading books?
@simonzeman68764 жыл бұрын
Timing D1 swing trade from D1 level on 5 min chart :). Getting killed 3 times then you give it up and later watching it making a killing.
@markettechniques4 жыл бұрын
Probably need a diff method for entering I to those moves. Maybe being greedy. Lots of other trader want to top and bottom the market aswell. If you want to catch the bigger move you need to either get in with a wider stop to allow for the movement or you have to keep trying to enter into it with the 5m chart but five yourself a limit say 5 attempts. Do a back test and see how many times on average it takes for it to bounce of the level. Oh two I had the same issue as you about 3 years ago and it took learning how not to do that and how not to be greedy to looking for a ten RR daytrade
@pennyflow-realestateinvest22964 жыл бұрын
Always be ready to make losses no matter how good you may be, 👌👌👌👌
@yaabebeavoryitor42314 жыл бұрын
Thank you so much for this video
@larryrose10954 жыл бұрын
All of the above. Great clip
@isahahmed66004 жыл бұрын
That's me... I'm like I want to make money now now...😂 Thanks for this video 🙏
@The-Athenian3 жыл бұрын
Hey guys/Nicolas, do you think I should trade crypto, forex or stocks? I've been trading crypto for 2 months (futures/options) and I hear forex and stocks are less volatile and more predictable, so I assume my winrate will increase, which is preferable to having bigger wins and losses. But I'd like to hear other opinions.
@danybejera60274 жыл бұрын
Woow just a great video !!
@surething1193 жыл бұрын
every mistake in the book
@meshack_martin4 жыл бұрын
Thanks a lot Nicholas, I may not be a profitable trader, maybe not much of a trader at all, but your wisdom on the subject of trading is inspiring. It has helped me realize a lot about trading and I can not say that you have not been a part of my growth as a trader.
@Duomoinitiative4 жыл бұрын
Thanks so much Martin, I'm happy to have been a part of your development!
@noname-pd5gz4 жыл бұрын
Welcome Back
@osteen4x4 жыл бұрын
Left screen Eurusd daily chart
@jigliblae4able4 жыл бұрын
This video came right on time for me. I had bombed today!
@gangadhararai93634 жыл бұрын
Fomo, overtrading, impulse trading, revenge trading. Not booking profit in time. Using many indicators etc are some other trading mistakes.
@allenadahoo4 жыл бұрын
Thank you handsome
@locomotivere44974 жыл бұрын
im trying to figure out if I need to invest in others or people are investing in me then i need to find a lane where I can open the trades where people are investing in me more frequently that I invest in them because I have an edge, I have a plan, a vision, an excel sheet, a book of reference, etc. Get the forex cogs synchronized like the Turntables of a Dj or cogs of a Swiss watch or the gears of Benz Truck and last but not least the 2 tapes of a K7(Cassette)
@Duomoinitiative4 жыл бұрын
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