I don’t like hearing everyone repeating that most day traders fail. Finish the statement. Most day traders quit because they can’t fail and keep going. That’s in everything, not just trading. I wish people would emphasize that anyone can learn if they don’t quit.
@Thadeka.2 жыл бұрын
i agree same look at % in buisness any buisnees 90% fail in first 2 years. only about 40 percent of students who apply to medical school each year get accepted.any other high end field. its that Daytrading is easy to get in ,hard to master
@SB_vlogss2 жыл бұрын
Wonderfully said bro!
@EduardCaliman2 жыл бұрын
Pretty good way to put it. Even traders who are successful are still failing but not getting fazed by it and keep going
@Coconutboy662 жыл бұрын
They tell couse They wanne keep you poor and work for them till you gone!
@HT1991-42 жыл бұрын
100% is on everything. My background is e-commerce and out of every single course I’ve taken, like 90% of people would simply quit (either thing is too much work, don’t study enough, or any other excuse). Persistence is key. And this one is not for everyone. You need that entrepreneur soul just to keep pushing when things get hard and you will make it. Saying 90% traders fail is not cause trading is rocket science. Is cause, like on any endeavor, you gonna need max effort and max focus.
@ftd74352 жыл бұрын
At 6.30 : "Being consistent mean you show up, you folo your rules even when you are in the down period and that took me a long time to understand". This one says EVERYTHING!
@AustinSilverFX2 жыл бұрын
Thanks for having me on Etienne!
@vladimirpopovic81362 жыл бұрын
I'm watching right now, great interview, you got subscribe from me
@DesireToTRADE2 жыл бұрын
Always a pleasure Austin! That interview was awesome 👏
@uragonfx33182 жыл бұрын
Every minute on this vid is a gem. need to re-watch it again. will definitely subscribe to ASFX as well. Thankyou
@LenaVedran Жыл бұрын
My biggest winners came from smallest positions, meaning I was actually not emotionally bound to my trades, I left them run, and I didn't care if I got stopped out. At that point I kept the money, and my equity curve started making higher lows. Its all about the position size and patience.
@LukaszAdams2 жыл бұрын
Notes : Journal your trades,folow your check list,track stuff after trading like meditation or drink more water,
@renzelkhamacho13792 жыл бұрын
Been following Austin Silva for more than a year now, very smart guy, very well spoken and informative, could listen to him talk all day long really, great episode.
@justinlong-moton24372 жыл бұрын
As always, these interviews drop just when I need to hear the message
@alexander-traderhelp10192 жыл бұрын
I have seen hundreds of videos and the subjects discussed in this video are extremely rare that traders speak about. If you're a new trader, re watch this video at least 10 times with focus and concentration🥇💎
@walkaway32022 жыл бұрын
PROP FIRMS: Don't actually give you $100k accounts etc, they just name the account $100k, $300k etc. What you actually get once qualified is the amount of the allowable draw down. So if the $150k account says you are allowed a $4500 draw down once qualified, that's what you actually get to use as capital...$4500, NOT $150k. It's still great, don't get me wrong, but just know that your risk profile should be based on the drawdown, not the account name of "$150k Elite Account" and so on. These companies thrive off of their monthly subscriptions and trades spending $80 or so on evaluations account "resets". By all means do yourself a favor and get into the prop firm thing, just keep in mind that the account size is the drawdown, not the enticing title of $350k etc. Great interview guys, loved it!
@DesireToTRADE2 жыл бұрын
Great point! Thanks for the comment :)
@Githinji_the12 жыл бұрын
Bro, I'm from Kenya and I never imagined I could trade with $10k ever in my life. That's like 1.2 million kshs fam. But now I have 100k FTMO. See God!!
@kwestkiriba10 ай бұрын
Muthee... living in kenya and earning from fx is a great thing
@Githinji_the110 ай бұрын
kwanza saa hii na economy ya zakayo, the dollars come in handy!! @@kwestkiriba
@thetrdrlg2 жыл бұрын
Great tips right here. MINDSET IS EVERYTHING. I am 3yrs into my journey and this piece just started clicking for me. Many pieces go into trading and mindset/psychology is so important. Forever a student of myself and of the market.
@YYTrading2 жыл бұрын
I like how he said "Real systematic trading are so rules based that those rules should be questioned and tweaked or challenged often & people just don't want to do the work of tracking and back testing", I felt the same with indicators, it just price action in different visual forms. People who shit on indicators just don't know how to tweak it in their favor.
@FXM32 жыл бұрын
I’ve been following you since 2018 by far best interview top 5 of all time, of the traders / investors you’ve interviewed 🙏🏽
@Arkham_Alpha Жыл бұрын
Superb video. I watch a lot of KZbin videos on how to trade, but I haven't gotten very far since they are either talking about the mistakes they made or telling me how they did it, and I don't want to take chances and lose money.
@DadTrades421M2 жыл бұрын
Admire Austin’s energy and knowledge with real talk. Refreshing, thank you!
@justinholtgrave2 жыл бұрын
Takeaways: Find what strategy works best for YOU. Gain confidence and trust your strategy. Have great risk management 0.5% risk per trade or whatever works best for you.
@oliverolonan25562 жыл бұрын
You can feel the passion & energy of Austin from his voice! Idol!
@stephaneoconnell2 жыл бұрын
You keep bringing great value to the community of traders. This is another excellent video full of great advice. Thank Etienne, cheers!
@sam56094 Жыл бұрын
This podcast is really all you need . This one was a gem for me and new beginnings! Thanks guys
@apathyreview3964 Жыл бұрын
I am exactly the same. I need to do the quant analysis MYSELF. Each setback though that pain thought and continues to teach me to alter my angle of approach and put in more effort.
@javierheyliger53342 жыл бұрын
I can't even lie man...this interview was very eye opening!!
@RosemarieFit2 жыл бұрын
This is so valuable. I am going to rewatch it to take all the notes. Thank you Austin
@bfields7574 Жыл бұрын
Bro! That's exactly how I got into day trading! Ypu have to learn all this stuff studying for the series 7. And I was shocked to find that most financial advisors don't do any of this! I've been hooked since then!
@DavidOgden12 жыл бұрын
This channel and the focus of your interviews are the best for me! Thanks so much for this!
@DesireToTRADE2 жыл бұрын
I’m very glad that’s useful!
@michaeladrian55892 жыл бұрын
Amazing!!!!
@stuntsaguilera2 жыл бұрын
15:33 is this "Trader Improvement Workbook" available for everyone???
@Charlieafter20202 жыл бұрын
Thank you for this! I am on bed rest and lots of KZbin….but also a nerd who started tracking my health habits & results. It’s cool that you mentioned tracking as a trader because I thought (growing up) that trading was some magical thing rich people do…Now I see that it’s actually discipline & strategy…and that improving your health is a big part of that
@suri-66662 жыл бұрын
One of your best interviews Etienne. Really good advice from Austin for new traders.
@JESS-CH2 жыл бұрын
One of your best guests, this guy gets it. 🔥🔥🔥
@Dreamlandroad882 жыл бұрын
This video really hits the nail on the head 👍🏾
@DesireToTRADE2 жыл бұрын
I'm very glad to hear that :)
@mowthpeece1 Жыл бұрын
Cannot imagine this guy on caffeine.
@clintedwards56642 жыл бұрын
If my wife only knew how much money I have lost trading she would take me out lol but I’m getting better everytime I look at the charts anything can be learned if you have enough will power for it and can stand the emotions from it and just strive to learn everyday everything you do and have done in life you had to learn so why not learn this and spend more time helping folks and more time with your family
@wellnesspathforme6236 Жыл бұрын
Look up Gary Kaltbaum and listen to his Investor’s Edge show. He will guide you to where to day trade and what direction - both up and down. YOU have to find the good entries, though.
@TheProfitAdvisors2 жыл бұрын
“Day trading is super appealing and I caught the bug”…what a good bug to catch 🐜
@phasetoo12 жыл бұрын
I got the bug as well family!
@elvinmaldonado78742 жыл бұрын
Excellent interview. Straight down to the point. Thanks E.
@blythemajors91932 жыл бұрын
Really appreciated Antons advice. The tracking of trades where you veer away from your strategy is a must for me and I havent been doing it!! Arrgghh!! It batters me and you get the occasional one that works which gives you the reason to rinse and repeat the bad behavior!
@HereIsmarcus Жыл бұрын
This is a great video. Many Thanks. I resonate with this guy. It's where my strat is going. High win rate. Low R. Less stress. Slowly ratchet up the capital. All good.
@LifestyleTradr2 жыл бұрын
I didn’t like austin silver back in the day, I am not sure why but I never clicked with his info but as I grew as a trader and person, and now a profitable trader I have grown to like him and everything he says is so relatable . Great podcast !
@AustinSilverFX2 жыл бұрын
Welcome to the Dark Side Oscar.... lol jk , thanks bro!
@chukwuemekaekelaka5573 Жыл бұрын
He is truest person ever ... I wonder why anyone will hate Austin.
@kwalombo_ta Жыл бұрын
Apart from being so self - aware I love how articulate Austin is 🔥
@T333trading2 жыл бұрын
Austin is a cool guy, great interview
@anmayo9172 жыл бұрын
Austin is amazing & has now got a new subscriber 😁 Thank you for getting him on the channel 💛
@DesireToTRADE2 жыл бұрын
Glad to hear that!
@anmayo9172 жыл бұрын
@@DesireToTRADE i like how he said he's proud of being able to support his wife to the extent that she doesn't have to work - because someday I'll do day same for my boyfriend 😎
@ackwongsuwan2 жыл бұрын
Excellent interview! Very insightful and Etienne ask great questions as always
@castilloFX2472 жыл бұрын
I can relate with you 10000%. Great interview
@ricardozara2 жыл бұрын
Wow. Very good video Etienne ! Your channel is getting better everyday. Cheers from the south of Brazil.
@beatricewillows2 жыл бұрын
One Good Trade was one of the first books I read.
@tk-kw6rx2 жыл бұрын
Excellent interview...spot on..experience is the best teacher..
@HT1991-42 жыл бұрын
Damn, this interview is amazing. As a day trader myself, everything is relatable to the max. Appreciate it guys!
@wolfbloodost99702 жыл бұрын
How long you been profitable?
@craigh56312 жыл бұрын
Awesome video! Great content psychology in trading is one of the most important factors of becoming successful imo.
@Justin_C_UK2 жыл бұрын
Another absolute gem! What a really decent guy Austin is! Still learning & surviving! ✊
@scottroseman29412 жыл бұрын
Excellent interview 👏
@DesireToTRADE2 жыл бұрын
I'm glad you liked it :)
@Ray94Adu Жыл бұрын
Amazing interview, Etienne! After I finished that very book One Good Trade the same thing happened for me too. And thought the same things and from there proceeded with my first strategy. When I think about it now, I was kind of disappointed because that was a book about trading stocks, and it was all good until I reached the "reading the tape" chapter and I didn't know what that was. But actually the whole ideas described in there helped me come to a certain way of thinking things through. Take care and keep up the good work!
@DesireToTRADE Жыл бұрын
Glad it was helpful!
@lluvianavarro7127 Жыл бұрын
I love it! Best podcast on trading I have heard yet. Thank you.
@DesireToTRADE Жыл бұрын
Glad you enjoyed it!
@ftd74352 жыл бұрын
At 7.28, I think the Ray he was refering to is Ray Barros in Etienne's "Anyone Can Trade For A Living" interview.
@enriquebartolini61612 жыл бұрын
Great interview Etienne!!! Thanks a lot also to ASFX!!! More interviwes like this one! 🙂
@MisterGames236 Жыл бұрын
Loved this interview!! So much gold
@Juan-zb6jx2 жыл бұрын
Full of very interesting information!!!! Please post more!!!!
@DesireToTRADE2 жыл бұрын
Absolutely! You can find all my previous interviews here: kzbin.info/aero/PLwmpbNUnTt6gL4jdULaMVuMi24O8KPZqw
@michaelcryptomooningloa84362 жыл бұрын
What a legend. I really love your approach. So grounded and real. Thank you 🙏
@blue-xq1fn2 жыл бұрын
Very valuable 👌 info here Journaling Lifestyle and activities
@DesireToTRADE2 жыл бұрын
Totally agree! Glad you liked that interview :)
@LifestyleTradr2 жыл бұрын
What is the name of the options funded program Austin mentioned ?
@AustinSilverFX2 жыл бұрын
I dont know the name of it, i forget but im sure you can find it
@PersaV2 жыл бұрын
very good interview and he had some real gems!
@Rickyfreon2 жыл бұрын
Great material every word hit!
@DesireToTRADE2 жыл бұрын
I'm glad to hear that!
@manmatelephant.80802 жыл бұрын
Fantastic interview
@johnjones333210 ай бұрын
I came back to this video. has helped my trading
@DesireToTRADE10 ай бұрын
Much appreciated!
@adnaanjinwala96237 ай бұрын
So much resonate with you! Great interview. God bless and thank you for the effort.
@t0neknee86 Жыл бұрын
Blessings from Puebla, Mexico.
@bfields7574 Жыл бұрын
So glad I found this channel!
@princephilipog13362 жыл бұрын
I remember when Austin used to be super bearish on BTC - calling it trash etc etc, now he only trades BTC. I wonder what made him shift to crypto?
@AustinSilverFX2 жыл бұрын
I'm still unsure if it's trash or not... but trading and believing in it are two different things
@warrenw29982 жыл бұрын
Trading. Up or down. The asset could be trash as long as it's moves
@HT1991-42 жыл бұрын
If it moves, daytraders make money. So lol, be able to adapt. Not everything is black and white.
@liamprinsloo8265 Жыл бұрын
Thnx for the video, any advice on a good or the most popular trading platform for newbies to start with? Thnx
@zmbfarmer13952 жыл бұрын
Great video!
@aundreclarke7628 Жыл бұрын
Personal Development - mind, body, soul 🧐🚀
@jackasbury7372 жыл бұрын
words simply cannot express the success i've experienced trading Austin's systems, ASFX is DIFFERENT. However, it must be said it did take a LOT of work my end in terms of back/forward testing etc
@Roberto_Reef2 жыл бұрын
Great guy, great inmterview !
@rolodex34522 жыл бұрын
like a world class athlete...absolutely fantastic comparison 😎
@menininha922 жыл бұрын
Very good interview. Some very good advice here
@All_Things_Digital2 жыл бұрын
Great interview
@DesireToTRADE2 жыл бұрын
I’m glad you liked it!
@adonisbuild32889 ай бұрын
Are there any prop firm around anymore in the US
@ACYSecuritiesAustralia2 жыл бұрын
Your podcasts are some of the best in the world today. Another great chat with a very down to earth trader. Thanks for sharing.
@DesireToTRADE2 жыл бұрын
Glad you like them! Always my pleasure!
@MrTurkgod2 жыл бұрын
Such a great interview! I'm an new amatuer trade just having started. One day I will be interviewed by you Etienne :))
@chrismurphy4800 Жыл бұрын
He mentions prop firms that allow option trading? Been searching for this forever. What firms offer this?
@tomekch2 жыл бұрын
Super this one, thanks! 👌
@joesephburns16282 жыл бұрын
I had to build my own strategy to become consistent nothing else worked for me and i tried alot of strategies..thats crazy because I also built a very high win rate strategy because I cannot handle consecutive losses it will pull me into a depressive lossing streak if i do so i win alot and big and im out quick and small on losers
@rchwha2 жыл бұрын
What is the best platform to use for trading?
@DesireToTRADE2 жыл бұрын
It depends on the market(s) you trade. I'm a fan of TradingView in general.
@rchwha2 жыл бұрын
@@DesireToTRADE thank you, what about an account for trading?
@erkerk46402 жыл бұрын
True.. even restaurants fail 90%. I m gonna puke when ppl say 90% fail.. it is not because of trading.. Imagine you start being a doctor tomorrow.. 100% fail lol
@BobMarley-ff5ch2 жыл бұрын
This is legendary!
@sahadathhossain85532 жыл бұрын
Great Interview. Carry on.
@trinhttruong Жыл бұрын
I love his mindset!
@DesireToTRADE Жыл бұрын
I'm glad you liked it.
@imageofthebeast859910 ай бұрын
thanks Etienne you do a great job
@DesireToTRADE10 ай бұрын
I appreciate it!
@viedyfoster6522 Жыл бұрын
Enjoy Your channel , lots of Gems 💎 Unable to understand the Questions many times because of the fast 💨 speech pattern Will continue to watch though Encouraging content and have subscribed Thanks for time and energy in this channel Great Day 🎉
@salut65542 жыл бұрын
I enjoyed this interview.
@SuperNegawsklov2 жыл бұрын
Good Stuff 👍🏼🔥
@thecollegedropout56092 жыл бұрын
Thanks for bringing good contents .love and respect from India.
@JustinCase-ft3gv Жыл бұрын
I have really been enjoying these interviews.
@DesireToTRADE Жыл бұрын
Very glad to hear!
@yellowbag21532 жыл бұрын
how to place order with alerts automatically?, post some videos
@JDYT0012 жыл бұрын
Surprised with the ammount of data you are collectiong of your trading. When do you get time to trade?
@rajeshv9140 Жыл бұрын
Legend . Lot to implement
@kamyacarrington2 жыл бұрын
Amazing podcast !! I definitely took down lots of gems.
@giovannilouis79472 жыл бұрын
A gem of an interview as usual,, ps:: I really wanted to take your class but it's so pricey even do I believe it's worth it but the price I can't afford,,😭😭😭
@DesireToTRADE2 жыл бұрын
I'm glad you liked the interview!
@premeditatedmurder77422 жыл бұрын
@@DesireToTRADE hahaha. savage😆
@whitelantern21152 жыл бұрын
Great guy 👍🏻
@apathyreview3964 Жыл бұрын
Haha I also chased that gbpchf momentum after swearing off forex forever.
@gregknobloch2 жыл бұрын
Great Talk!
@ai_robozen2 жыл бұрын
Great guest
@144Main2 жыл бұрын
Etienne can I give you a tip: u slur ur words or talk within the mouth, which makes it harder for the clarity. Perhaps a tip to take (if you were not conscious about it)