Practice and focus and become supremely good at 3-5 setups. Don't continually chase the next shiny trading object. Don't over-leverage, and size down with each loss so you have more opportunities to get in sync with the market before reaching daily max loss. Trade with care, but also detachment regarding outcome. Realize that if you're trading according to a proven edge and its not working out, it may just not be a good day or few particular days for your edge. Treat each trade like a separate transaction, without consideration for emotional baggage or P/L's from previous trades. Pure gold. 👌
@johnschenck84973 жыл бұрын
Amen
@lorenzovillegas24574 ай бұрын
Great summary!
@jonaskarlberg18553 ай бұрын
Cant size down. Do the maths, you have to have a fixed, sustainable position size
@aquatraderr6 жыл бұрын
can't get enough of this interview. I've lost count of how many times I've listened to it. Truly a gem of. Whenever I start questioning my strategy (which happens to be quite solid) I come back to this podcast to re-affirm that it's okay to lose, accept it and move on.
@Ninja-iq2xt3 жыл бұрын
same, i keep listening to it many times.
@EuroLibertyNews11 күн бұрын
I have listened to this interview 5 times now.
@grant44588 жыл бұрын
This interview was absolute gold. Thank you.
@ChatWithTradersPodcast8 жыл бұрын
+Grant Shuttleworth, I'm thrilled you thought so! Thanks.
@vdevictoria40165 жыл бұрын
Morad is and example of constant, calm, humble, smart and methodic trader. Thx Aaron for all this interviews
@astrogumbo6 ай бұрын
25 min in and sold
@andreasbukontas5678 жыл бұрын
Best interview i have heard so far, brilliant.
@ericjoggy14374 жыл бұрын
My life will never be the same. This is me he is talking about. Futures Trader 71 you the best.
@gowrisangarkandavel97726 ай бұрын
Raja bank told me to watch this episode
@nikolatesla50286 күн бұрын
I am here because of him also.
@JimBeno5 жыл бұрын
The fountain of wisdom is overflowing on this one. Gonna replay it all again!
@Jstaysbusy2 жыл бұрын
By far my favourite trader, probably my 5th time listening to this!
@miguelmojica58976 жыл бұрын
Wow. This interview was AMAZING! You could write a best seller out of this interview easily. Thank you Aaron for working on these and sharing with the world.
@pch59387 жыл бұрын
Best interview I've heard yet in chat with traders. This guy was completely unselfish and humble.
@tammyserafini49117 жыл бұрын
Thank you for these interviews..have watched/listened to over 60 so far and I must say for me this was the BEST!!!!..So much valuable info. Will be listening to again.. Fantastic..many thanks to Morad just superb!!! Thank you for taking the time to pay it forward...
@christdivers7 жыл бұрын
FT71 is Highly Respected, Thanks Mr. FiField for this interview. Great Interview !!!
@amitrandive15097 ай бұрын
This is pure gold 🏅
@hamisintunzwenimana8083 Жыл бұрын
Great Technical 1. Learning Process:connections / approach 2. Psychology 3. Record Keeping: Business Plan
@macaireofarrell57306 жыл бұрын
this was my favourite interview for some reason
@miami65637 жыл бұрын
Aron thumbs up on that interview. He is a Gem of information. Aron, you are Superman! in the trading world and thank you. Futures Trader71. thank you..
@thienau16976 жыл бұрын
I really like this guy. He seems real and want to help people set up the foundation to become successful traders. I like the P/L comparison with doctors comparing themselves about being successful to making $$
@tonynguyen364 жыл бұрын
The best of all interviews so far
@markezg99055 жыл бұрын
The BEST interview I’ve heard wow!!
@aluna_m8886 жыл бұрын
Great interview...I had to listen to it twice...utterly brilliant
@VanTlou7 жыл бұрын
This podcast is just on point all the way..
@TheToxicTank7 жыл бұрын
Another interview that hit home. Some of these lessons and thought processes will stick with me. Great interview. Thanks
@MCR1233215 жыл бұрын
Liked the podcast but was really intrigued by 27:00.
@2001E43 жыл бұрын
He explained answers so clearly to questions we really needed to have answered!!
@oOovide0s6 жыл бұрын
Strive for always being in market alignment, futures traders!
@nope2399 Жыл бұрын
Man this interview rt here❗️❗️❗️❗️Any trader 1 year n under listen twice trust me🙏🏿💪🏿🔑
@DrOscarZAcosta4 жыл бұрын
Excellent episode. One of the best for me so far. Full of gems.
@hammadabid30223 ай бұрын
greattttt epp
@VikAffiliate4 жыл бұрын
Just found this interview and it was one of the best ones I've heard so far! Thanks a lot for the information
@tonybits369 Жыл бұрын
From 18 min + this is one of the most in-depth episode… Arron we need you back dude… COME ON MAN!!!! ❤❤❤ Stay Blessed THANK YOU
@curioustrades4 жыл бұрын
Merry X-Mas everyone Leaving this comment for my future self! Never Give Up on your Dreams! - 21
@curioustrades3 жыл бұрын
round 2 😀. 2021 was best year yet! Lets crush 2022
@duanejackson67182 жыл бұрын
2022 looks to be a good year for trading, so far.
@curioustrades2 жыл бұрын
2022 was a rough market. Looking foward to 2023!
@infinitelyllc23 күн бұрын
Thanks!
@paulbarr17055 жыл бұрын
Outstanding interview. Thank you, Aaron.
@arielleHT5 жыл бұрын
Another master piece !!
@genestone49517 жыл бұрын
This was REALLY good. Thanks very much.
@johncamejo85432 жыл бұрын
Thanks for the episode FT71
@oduwakelvin776 күн бұрын
Raja recommended again today
@lovenpeace2717 жыл бұрын
most people want and pay for indicators and signals. But anyone who can keep a journal can see and develop his own methodology and start making money. But almost everyone has some baggage emotionally and that's what really keeps them from making money.
@kashifali-ug1yk9 ай бұрын
Agree
@Makerdude236 жыл бұрын
Fantastic interview thank you!
@NewmanLing Жыл бұрын
I'm here because of Raja Banks... Let's do this. 💪🏽💪🏽💪🏽💪🏽
@bibbidi_bobbidi_bacons Жыл бұрын
Very beneficial info- thank you
@mahesh36093 жыл бұрын
Pure gold! enjoyed the chat!!
@Mansa12 жыл бұрын
Absolute Gold , everything he says is true .
@devajk94763 жыл бұрын
Straight to stationary shop to buy 📚 for book keeping of trade logs
@128hurtlocker3 жыл бұрын
Amazing. To the point. Helped a lot.
@astrogumbo6 ай бұрын
and after stating I was sold 25 min deep, 29:35 "I can't be like a weathervane just switching directions depending on today's prevailing winds. It's not the MONEY; it's TIME that slips by and reduces the chances to make THE TURN to make a living in this industry"
@astrogumbo6 ай бұрын
GOAT shit. damn breaux. Hits home
@Player500-14 жыл бұрын
Here because of Raja Banks aka Wicksdontlie!!
@kiranananthu538 жыл бұрын
Hi Aron.. thanks for this pod cast. it's very informative... I'm big fan of your podcast.. good work mate.
@ChatWithTradersPodcast8 жыл бұрын
+Kiran Ananthu, really pleased to hear it!
@boleslawkrzywousty79453 жыл бұрын
Really enjoyed this interview.
@costakonti8 жыл бұрын
Great Interview!
@Kaplan4 Жыл бұрын
This is the interview / podcast that gave Raja Banks his 'Aha' moment. He said that he used to listen to this specific podcast (ep 82) like 2 times a week for a full year
@LOADING...o.o.o10 ай бұрын
He said 3 times a week. Not 2 times.
@tobetb5 жыл бұрын
Amazing ep!
@lucapuzzoli83635 жыл бұрын
wow amazing content here
@DEEPBAISOYA12 жыл бұрын
here after raja banks suggestion
@Rajabanks016 күн бұрын
Who is here because of Raja banks 😂😂😂😂
@YabaBanks2 күн бұрын
@@Rajabanks01 🙋♂️
@michaelbrusnahan4 жыл бұрын
Great Interview. thx
@smalltime38808 жыл бұрын
Great Video! Do what works for you and nothing more is what this video is all about nice!
@ChatWithTradersPodcast8 жыл бұрын
+SmallTime Trading, glad you enjoyed it buddy. You can also hear our first interview here: kzbin.info/www/bejne/h17YYmZoiLyJq7M
@smalltime38808 жыл бұрын
Got It thanks my friend.. Your videos are just what traders need, real insight to great traders that have gone through what we are going through awesome stuff
@jambear78622 жыл бұрын
The legend
@Paulrallye8 жыл бұрын
Many thanks Aaron this has to be the best ive watched so far. I wish I had this guy to kick me into shape I would be making better progress! Its amazing to think I probably have a good strategies "Christ ive back tested it enough" but its me that's getting in the way! It may or may not be a good move but I think I'm going to have a break and take a long hard look at my self and what I'm doing! Just signed up to twitter and following the chat with site. All the best with your future Interviews hopefully one day ill be worthy of your time. Regards Paul
@FadiGamingRP7 жыл бұрын
i really like this guy
@eclipsez0r8 жыл бұрын
4 people who lost everything trading disliked this video
@lwazeem3 жыл бұрын
Great episode
@S3VeR8 жыл бұрын
The 4 Trade Loss Rule is really interesting. I might try that also :)
@ChatWithTradersPodcast8 жыл бұрын
+S3VeR, yeah I really liked that risk management approach also. Definitely gave me something to think about...
@ChartataGlance7 жыл бұрын
Great work , chance to know lot of new things
@menininha92 Жыл бұрын
very good interview
@johnnykasongo40743 жыл бұрын
Trading requires a Level of focus deliberate repetitive consistency .
@qqww358 жыл бұрын
Awesome interview Aron, was very informative and useful, Thanks !!
@ChatWithTradersPodcast8 жыл бұрын
+qqww35, pleased to hear it!
@rahulx5292 жыл бұрын
Gem🔥🔥
@ashrafuddin89 Жыл бұрын
Hi Aaron, Could please Enable the subtitle option for this video?
@Tr1Hard7773 жыл бұрын
speed up the video 1.25%. you're welcome.
@dspawar86907 жыл бұрын
Wow! that was great....
@danr9052 жыл бұрын
great!!
@jenBaker707 Жыл бұрын
thank you
@r.taylorgarlock5608 жыл бұрын
Trying to slow down the audio but it's not working.... Great interview!
@ChatWithTradersPodcast8 жыл бұрын
+R. Taylor Garlock - you're trying to slow down the audio? Pleased you liked the interview.
@r.taylorgarlock5608 жыл бұрын
Right, something was up on my end--not sure how, but playback was at 1.25x or 1.5x. Immediately assumed it was on your end since I've never been able to change playback speed on KZbin before or ever needed to. Sure enough, tried again this evening and all is normal. Must have been on my end. Thanks for checking in!
@akashpantha9 ай бұрын
🔥
@thetaeater6 жыл бұрын
Did FT71 use to hangout on elitetrader? I love the honesty and the simplicity. I use to push MP and VP trading on there. Maybe I inspired him🤑
@danr93012 жыл бұрын
🔥🔥🔥
@CheSmith745 ай бұрын
What is the book he mentions and the author?
8 жыл бұрын
How do I get hired into Morad's Prop shop ? would I have to present my trading record? I am not a million dollar a year trader yet but I do make consistent money (4-5% a month) on a small account.
@ChatWithTradersPodcast8 жыл бұрын
+nainjatt, you're best to tweet @FuturesTrader71 or email him through the contact form on his website (FuturesTrader71.com). But, from what I understand, he currently does not have a prop firm-he used to, and would like to do it again at some point.
@geoffevison80367 жыл бұрын
Morad claimed to own a prop shop when in reality he was a struggling prop trader in one. He became an IB, then formed his own brokerage. Never successful at trading, as far as I knew, and I was in 2 different trading rooms with him.
@ironhed5154 жыл бұрын
@@geoffevison8036 proof of these claims?
@ToddMorgan_14 жыл бұрын
@@ironhed515 Don't know Morad from Adam, but his BS description of what the SOES System was & SOES Traders were is all wrong. A GIANT red flag in the 1st 10mins so the rest of the interview isn't worth listening to for me.
@DTacro7 жыл бұрын
You jave to interview Marco Gomez from the Institute of Trading and Finance IOTAF
@lab-virus Жыл бұрын
This man is so great, I think I'll make him my second dad.
@Walk.InHisWays4 жыл бұрын
interview Mathew Thayer. his youtube channel name is Mattypips. He's a high frequency time based currency trader
@TheBlackJackPlayer2 жыл бұрын
he is just trying to introduce clients to the major brokerhouses, so that he can get a commission kickback and further on trying to upsell these clients to managed futures programs which he is also receiving a commission kickback on.
@deepaktandon8942 ай бұрын
38. Shedding and make it simple
@Lordhellcrackthesaint5 жыл бұрын
it would be cool if you had video podcast like joe rogan does
@nikolatesla50286 күн бұрын
Raja Banks sent me here.
@DayTraderCris10 ай бұрын
1:08:00
@deepaktandon8942 ай бұрын
27.10
@Ibby_9508 жыл бұрын
10
@tradingcolombia18405 жыл бұрын
Would be good to translate this interview to spanish
@DipakRaikar7 жыл бұрын
putting down brokers who offer low margins is totally wrong....and TradeStation is the best platform to trade and study. dunno if this trader is still making money as he claims.....
@FuturesTrader71_Home4 жыл бұрын
Why is it wrong? High leverage has destroyed more accounts than anything I can imagine, in my experienced opinion. No, Tradestation isn't the best solution for futures traders. I disagree with this assessment.
@deepaktandon8942 ай бұрын
42
@markmcgwiresbackne57053 жыл бұрын
What! The 2000, 3000 round trips in ES & then adds stats on continuation trades. This guy always drives me batty. Ever see the charts he trades off of? Yea, I'm picking on him... so what.
@TheBlackJackPlayer2 жыл бұрын
my bullshit meter is at 70%. This guy never made money in his life in trading