Is Loss Control All It Takes to Become Consistent? · Bryan Holdford

EP 268 | Is Loss Control All It Takes to Become Consistent? | Bryan Holdford
Paying to take and pass the Series 7 license as a teenager in the 1980’s led Bryan Holdford into the high commission world of stocks and options without mentors or the internet. Starting with investment newspapers Bryan tried many trading ideas without any risk controls. Despite frequent and numerous losses, he was hooked on the game of trading. Obsessive determination drives him to stay in the game despite a boom bust performance. Recently he seems to have found the right balance.
Disclaimer:
Trading in the financial markets involves a risk of loss. Podcast episodes and other content produced by Chat With Traders are for informational or educational purposes only and do not constitute trading or investment recommendations or advice.
Topics & Timestamps:
Please note: Exact times will vary depending on current ads.
0:00 Intro and Background
11:10 Picking the stocks to trade
13:13 Getting into level 5 options trading
19:45 Gambling nature
24:15 Key takeaways from Market Wizards
28:35 Losing his earned fortunes
34:40 Indicators when a parabolic is ready to reverse
41:25 Having a full time job allowed for risky trades
46:20 Psychological traps
49:55 Loss control
1:05:00 Top 30 on Fundseeder
1:06:30 Performance with credit spreads
1:15:43 Morning routine
1:20:00 His edge
1:22:00 Goals
1:23:55 How to reach Bryan
Links & Resources
Email: [e-mail]
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#daytrading #stocktrading #tradingmindset

[@150_ENGINEER]

I have been listening to chat with traders for 4 years and this is my favorite one up till now. I love how this guy refused to quit.

[@askchrishetrades]

Same

[@ayejaye]

Didn't quit but it took him 30 years to realize that you have to cap risk

[@npcc4003]

As the trader I most admire once said, "Everyone knows how to win, but not everybody knows how to lose. That's the key to being a successful trader."

[@salsperspective9745]

Tom hougard ❤

[@anyfoolcanknow]

I was gonna say john Moulton lol my favorite episode!

[@rzeukzab6258]

Rambo

[@empty-ed]

Yes there is a lot of sense in that but for me even winning emotions should be avoided . Whatever the positive euphoria from winning feels like , the negativity will be exactly the same strength but in a negative way . Most people trade their profit and loss and not the process . When they do their back testing band realise that a profit can be made they only see the end result . What they don’t see is the peaks and troughs on the journey and this is Walmart they can’t handle ❤

[@rzeukzab6258]

Rambotan said it

[@dougieboy777]

what a don. Love these traders who don't sound like stereotypical traders. Just a cowboy doing his thing. Legend.

[@Kaitrader]

Loss control is absolutely not enough, but a fundamental criteria to becoming consistent. You still need to have EDGE. Otherwise it is death by a thousand cuts.

[@tokyovilakazi5818]

Time is an Allie to the patience and a thief to the impatient.

[@Bee-rs4dh]

This is one of the episodes that really makes me think and re-think about trading. Thanks all !

[@DOMReplays]

This man has passion for real! Great job on digging in with your questioning style for more information from Bryan, interesting listen.

[@150_ENGINEER]

And for getting back on track when the line of questioning was going off the rails. He is a great interviewer. For a little while I was having trouble listening when Aaron left, but he's winning me over.

[@vr2854]

I love Bryan, his honesty and humility. Thanks and good luck in 2024

[@nomadchad5733]

This dude is awesome

[@robertk6377]

Resilience born from Passion... Thank you.

[@josejunior991]

Very practical trading tips around loss control. This is very useful. Thank you.

[@Bee-rs4dh]

I think what the Gentleman needs is not a Coach or the learning of Loss Control. Instead, it should be something more deep down needs to be fixed. It is the "Real Meaning of Trading" should be to "Survive", and makes one's life grow ! Wish him all the best, and get away from the reliance on Luck.

[@avarada6654]

These kind of interviews encourage traders. Thank you for your host and your team❤

[@qc8227]

loss control or risk management is essential and the first thing a trader should get good at.

[@JohnDoe-vo6uf]

i love Tessas voice. she really picked up with Ian. good job

[@sharifolayan6271]

When are you going to do video interviews?

[@audioface420]

This is a great interview, I like what he has to say. My 2nd time through the episode 👍

[@elliotwilliams2849]

This dude is so funny but so resilient 😂

[@Zombieyan]

This one was so inspiring and relatable...Great🎉

[@TomGun]

Great episode, love these chat with traders! ❤

[@IspiguiteSuperlativeThought]

I here to learn the art of losing

[@alexlimion2624]

great chat! lesson i take to heart

[@kenb6144]

Roanoke Rapids? LOL! Hello from Youngsville! Great interview, made my day!

[@bossman1958]

his opening words dam fire!

[@justinf7506]

loved it

[@mmaglobal11]

Great interview

[@askchrishetrades]

Great video!

[@150_ENGINEER]

I like this guy

[@nnconfomiststoic7346]

Options selling has unlimited risks of losses whereas in options buying premium is the only loss you take.

[@zz-qi8iw]

You must new to option trading. Only naked sell has unlimited risk of lose.

[@banginzaza]

15:55 😂

[@sskhussaini]

😂 I did the same haha.

[@YousefB]

I love this guy.. tew naan teww..

[@MrA1wizard]

Great interview. Can’t help but think he sounds like Eugene from the Walking Dead 😂

[@150_ENGINEER]

He gave his phone number out....lol..

[@aaronsmyth7943]

He's a glue sniffer.