How Your Trading is Being Killed by Lose-Lose Situations

[@AB-cn6iu]

Those judgements are based on hindsight. Avoid attachment of outcome and embrace attachment of process.

[@Svenshine]

Is that how I stop not taking my profit targets and letting good trades go to breakeven or even into a loss?

[@TheBattosai-xau]

Ohh man.. this really hit home! 😅 happens to me almost everyday. Almost everytune I leave runners or positions to run longer. Price will always come back to tap me out then continue almost 3times further. Really annoyed me at first but ill got used to it now and I'm working on my greed and fear lot more 💪🏽

[@philipcharles6263]

An excellent way of looking at what you do in a positive way. Strangely, I heard a similar thought from a life guru and I am working on exactly what he said, and now I see how that fits in trading. You are the first advisor who gets the message over in a very uncomplicated way. I am subscribing today, as I move into more short term trading. Good job!

[@Dimarion]

I go through this all the time. Sometimes after I close a trade I do not check the market until a few hours after.

[@raterus]

One has to realize reflecting in hindsight is comparing yourself against perfection. It seems so easy and you feel dumb for not having made better decisions. However, the reality is, if you made any gains, and you can be consistent with this over a long period of time, you're crushing it.

[@simonshawa2942]

very helpful information. I often feel bad after closing a trade but and it goes in the forcasted direction

[@David.Marquez]

It's definitely key to remember that when a position changes so does the associated risk you're taking, along with the statement you're making of course. What a great video, definitely an invaluable skill to learn.

[@mikeortiz9009]

Had two pefect trades today and cut them both early because of not sticking to my trade plan. Left about $400 on the table despite me making over $600 today. Felt angry and empty after words but this video put things in perspective. Thank you. Sometimes you need to take a step back and look at the bigger picture.

[@techleanghorng9289]

The price most likely to go 3 pushes. So you might go back test and USE IT

[@IBendy]

Thank you man....great video. I think all of us have felt the pain of early closing...I just follow the principle that "the last one turn off the light" meaning that I sell when I get to my top estimate. If it gets lower to my selling position later in the week or month I analise and see if re-entry is justified.

[@raizadavarun]

Simplicity in your discussions is superb 👍👌

[@G6Trade]

Honestly I've never been beating myself for a scale out or for not getting a good entry or even for an early exit,I've never seen trading this way but is good to keep in mind this situations and how it can affect us.

[@apututor5980]

Hello brother, thank you for this advice . I lost today but you motivated me, thank you a lot and you motivated me before making this decision of trading , I'm from Rwanda

[@jokepie]

A turnaround close to the profit target frustrates me the most at the moment. Especially if i had a hunch to close the trade at that turnaround spot :))

[@danhayai]

Man, you are a "Monster" Thank you so much. What about write a book?

[@kuramakid]

In my line of work... If we make a mistake, we look at it... Nod our head and go to solve the next problem... Just continue... There is no time to be frustrated over mistakes It just stays there for a certain period of time... Like 5mins to a few days... Well, you need to get in it as mistakes are unavoidable, like 30% of yearly trading, or monthly... I don't know how it works, I lost my acc with 19 trades... Without knowing anything about trades...

[@marshallrauh]

Negativity towards trading is definitely compensating for personal problems that a trader might be pushing away.. especially if trading is the vice being used to do this.

[@PlayThatGameDE]

Pure Value Content! Thank you bro!

[@Duomoinitiative]

You're welcome. Thanks for watching! - Nicholas

[@mrs.cashfenty2479]

Thank you. I definitely needed to hear this today.

[@kyggoonz]

Thanks for the videos still. One of the best content on trading. Love from reading U.K.

[@Iryknitsthings]

Fantastic video! I am so guilty of this and needed the reminder.

[@rhonalizavista563]

One of the best video I've watched about trading Forex!! really an eye-opening! Thank you for continuously sharing your knowledge and experiences! 🙏🙏

[@sac856]

Very true.. Life lesson actually..

[@TRADINGARMOR]

You absolutely nailed it! Fortunately I realized early that scaling out is a bad idea. It never felt right or sustainable long-term. Now I set a profit target based on reward to risk ratio. This way there are only two possible outcomes, 1. I get stopped out or 2. I get filled at my profit target. Either way I feel good about the trade because I did exactly what I set out to do. Just found your channel recently and I'm really enjoying the content!

[@guyredares]

setting targets based on risk to reward ratio is one of the biggest fallacies in trdaing

[@Svenshine]

@@guyredares Why P

[@Lamxrfx]

Can we get that notion template??

[@AviEcon]

I am from india, did in indian stock market. thanks for telling me my mistake. I am grateful to you sir, and i want to add one more point that novice trader should talk to himself before taking trade, why? coz one has to follow once system in order to success, and talking and asking himself will create a habit to follow the discipline. coz human is a creature of habits.

[@guyredares]

why do Indians always ask questions?

[@viniciusaquino6832]

As always...excellent video.

[@tradingmystery8541]

What I like in trading is that; everyday you've something to get excited about 💞

[@ALEX_MANUEL1]

basically dont get greedy this is when your daily/weekly target gets invovled and being displined and happy when target gets smashed

[@fidelixephraim6171]

This might

[@DushaneBre]

I never feel bad about taking some profits if it is in the plan I hate it when I do it because it hesitated for a second.

[@charging99]

Seems your course is closed, do you plan to reopen your training?

[@Svenshine]

Question are you saying you don't believe in scaling out or partial profts? Or just that you do do them but you don't let yourself feel bad or a loser?

[@Duomoinitiative]

I do scale out. I'm saying we can't expect to capture every single pip of a market move with every trade. If that's the expectation we hold in our minds, we'll be disappointed with the outcome of our trades the majority of the time and this will influence further decision making. ~ Nicholas

[@Svenshine]

@@Duomoinitiative Yes thanks so much I understand you are one of only a couple channels I call Trading Game Changers!

[@TDOTSE1]

I needed to hear this

[@dantemakoya]

I know right 😭

[@dantemakoya]

I'm a regular victim 😔

[@milesvanrothow2067]

If you come away making some money then that's some kind of win even if there was money still on the table.

[@ponzianomanning3071]

I think if traders are lucky enough to manage that 10% of the time they can come within 2% of a bottom or top upon entry or exiting a trade they should be thankful. It's just so rare it's irrational to expect it. Managing our emotions is at least as important as experiance and education.

[@Duomoinitiative]

The further into your trading career you get, the more and more your appreciate the importance of your emotions as part of your trading performance. - Nicholas

[@raffaelefilardo170]

We really need to adapt to thinking in probabilities with trading but the real lesson is don't trade from the pool 🤣

[@agnaeus]

what if people would just stop being so greedy for things like "let it run" or "move stoploss to breakeven" and trust on their edge, take the 2-3 RRR trade every time and be profitable. why are people always wanting more

[@Corehardstyle472]

This comment is stupid it's about probability some people are more profitable on runners and putting stops at breakeven some are more profitable with a 1.1RRR instead of 1.3 everyone's edge is different.

[@atrot30001]

I'm in a lose -lose-lose situation. Cause I also lose money. Nothing seems to work.

[@Corehardstyle472]

Put in the work bro it's a business how long have you been trading for?

[@yup8082]

Back to the drawing board... Paper trade until you figure it out.

[@fidelixephraim6171]

💕💕💕💕💕💕💕💕

[@guyredares]

I like short videos

[@Duomoinitiative]

Thanks for the feedback. ~ Nicholas

[@Duomoinitiative]

🔹 Get FREE access to the Duomo Trader Development Program: duomotrading.com/FreeDuomoTraining 🔹 Add us on Instagram: instagram.com/duomoinitiative/ 🔹 Our second channel for financial news and analysis: kzbin.info

[@zaraekmecichedrin3561]

Hh👋👋