This Common Bias Could Be Ruining Your Trading...

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The Duomo Initiative

The Duomo Initiative

Күн бұрын

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@mathiswellmann6858
@mathiswellmann6858 6 жыл бұрын
My biggest failure was not sticking to my rules, therefore going broke, but my biggest win was staying motivated and improving until i'm successful
@Duomoinitiative
@Duomoinitiative 5 жыл бұрын
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@JonezBBQ
@JonezBBQ 6 жыл бұрын
My biggest failure in the market is the fact that I would even begin to doubt myself in the slightest, and my biggest success in the market is being able to say that I stuck with it through all the bullshit.
@icemaker7134
@icemaker7134 6 жыл бұрын
I agree 100% I have gone on green streaks for 2-3-4 weeks together only for my ego to get involved & give it all back in 1 or 2 trades.. It sucks! I've had to literally train my subconscious in losing.. How to take losses.. Loss management etc.. As the greats always say.. "You have to be willing to learn to lose before you can learn how to win.."
@vinodbs4yt
@vinodbs4yt 6 жыл бұрын
I doubled my account trading long term options in the month of Jan 2018. I ascribed this success to I am getting the trades right and I could continue doing it. Later in Feb and March without having any knowledge of the technical analysis I gave it all back plus some more
@fisshbone
@fisshbone 6 жыл бұрын
I've been lucky enough where i've been able to keep myself out of positions that compromise me being net green, but i've made tons of tiny mistakes. I'd have to say my worst mistake so far was trying to get AMD puts when it was around $30. AMD went up a little more, I averaged a little more in, then a week later i couldn't take it and sold at a couple hundred dollar loss. A little less than 5% of my account. I've had a few of these attempts at "big shorts" and 80% of the time they all blew up in my face. I mainly made those trades based off of weak fundamentals and the stock being at all time high, and i would just assume it was due for a correction and the few times it did go in my favor completely confirmed my bias. So I've just about outgrown that habit. My current goal now is to stop trying to trade every day. Anytime I get an itch to trade ill paper trade and test my technical analysis. It's all about the good habits
@callhimkev
@callhimkev 6 жыл бұрын
Biggest success in the market: Saw a great shorting opportunity with the AUDUSD (bearish flag), and scored big with a solid 4:1 reward to risk. Reason: I didn't perform a lot of analysis on it. In fact, I took a 15 second look at it, noticed that it had dropped to a significant level, forming a rising wedge, and there was just no other way to go but down.
@smacpost3
@smacpost3 6 жыл бұрын
If i don't own it, i don't control it. If i don't control it, how can i change it? If it's mine, and i own it, i can do what i want with it. It's mine. I can change, or not. I can learn, or not. My biggest mistake comes from focusing on money (reward) instead of trading (prerequisite for reward). Basically taking my eye off the ball. Patience is where it starts, or fails to start. Jumping in too early, getting stopped out, then gun shy when the right level is reached. I need to learn to sit and wait for the price to come to me. Good video, thanks. 🙂
@piotrbania6797
@piotrbania6797 6 жыл бұрын
Most mistakes I made were simply because the lack of knowledge I had. Experience comes with the time, but I shall use that time to research, read and learn. No I know. And I am better off. Thanks for video. Dope as usual!
@gamesdon12
@gamesdon12 6 жыл бұрын
My biggest failure was assuming that a trade would go my way and biggest success related to keeping things simple and going with the trend, I'm sure if that's how it will work out in the future..
@alimohebi4921
@alimohebi4921 6 жыл бұрын
what broker do you use for your trading ?
@devbrat999
@devbrat999 6 жыл бұрын
Suggest book on options trading With Greek explain in depth
@zurara_ayoub
@zurara_ayoub 6 жыл бұрын
is this program used for manual backtesting and what is it’s name ?
@kwakudb
@kwakudb 6 жыл бұрын
My biggest failure was not being disciplined with my strategy and jumping on band wagon, now I think twice about entering and exiting trade!
@thomasq9181
@thomasq9181 6 жыл бұрын
Biggest failure was getting into Bitcoin at a high price last year and all the scams that follow with it...mining, lending, ico's etc. My plan now is to hold what remaining Bitcoin I have and learn to trade in the stock market for now.
@matthewwynne-jones4922
@matthewwynne-jones4922 6 жыл бұрын
I watched betting on zero a couple weeks ago and seemed interesting, hasn’t Herbalife re structured the company so it no longer is the same type of company Ackman was shorting
@worldshaper1723
@worldshaper1723 6 жыл бұрын
I have watched Betting on Zero, but I did not Herbalife changed.
@MrMudit14
@MrMudit14 6 жыл бұрын
Thumps up if you've blown an account
@cleverresponse3311
@cleverresponse3311 5 жыл бұрын
An account and a house, lol..
@Supergecko8
@Supergecko8 6 жыл бұрын
Well there is an argument to be made for the fed going too fast
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