Trading Psychology | Why Being NORMAL Won’t Make You Money!

Why 10% traders succeed and the rest fail? How to master trading psychology and think like a professional trader?
In this trading psychology seminar, i will share with you why being normal won't make you money! In order to think like a professional trader, you'll almost have to adopt a contrarian approach when it comes to your trading mindset.
Emotional trading is a common thing among traders and you need to have a strong trading psychology if you want to become a profitable trader. In this trading psychology talk, i will also share with you how to think like millionaire traders and the common trading psychological mistakes that traders often make.
Disclaimer:
The content here is for informational purposes only and should NOT be taken as legal, business, tax, financial or investment advice. It does NOT constitute an offer or solicitation to purchase any investment or a recommendation to buy or sell a security. In fact, the content is not directed to any investor or potential investor and may not be used to evaluate or make any investment.
Investing and trading is a high risk activity and should be approached with caution. I am not an attorney, accountant or financial advisor, nor am I holding myself out to be, and the information contained on this Website is for entertainment purposes only and is not a substitute for financial advice from a professional who is aware of the facts and circumstances of your individual situation.
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Singapore youtuber profile:
Karen Foo is Singapore trader, investor, financial trainer, author, motivational speaker and international speaker. Her content on KZbin and Tiktok has helped tons of traders around the world to master trading.
Karen is actively involved in speaking at various financial conferences, seminars, expos, workshops and publicly-held events in Singapore, Malaysia, Thailand & Vietnam. She has shared the stage with top investment gurus and CEOs at the various conferences she has spoken at. She is also a TEDx speaker.
Having overcome numerous setbacks in her life, she has gone on to inspire hundreds and thousands of youths, working executives and leaders of various companies with her stories.
Being labelled as the “quietest student and underachiever” throughout her life, she went on to win numerous awards in public speaking contests, traders awards, academic awards & scholarships.
She graduated with a business degree specializing in banking and finance from Nanyang Technological University where she was listed as a featured alumnus. She was also nominated for NTU’s social responsibility gold medal award for her various contributions to charity. While in university, she was already interviewed by Singapore’s national TV, Channel News Asia as a young investor.
She is also the contest judge for numerous public speaking contests held around Singapore, ranging from club level to National level contests. She also represented her university 2 times at a national public speaking competition.
She was also featured in TV, radio, magazines and documentaries for her academic & career achievements. She has also written financial articles for her university newspaper and Singapore’s popular news platform, The Strait Times.
She was voted as the “Best Trading Guru in Singapore” by Traders Awards 2019. She was also given the “Top Popular Analyst in Asia” award by Wikiexpo.
Karen represented her university in a trading competition and managed to rank #1 in a Singapore nationwide Forex trading competition, competing with over 200 traders from NUS, NTU, SIM, SMU & the 5 polytechnics based in Singapore. She was also ranked 10th in a contest organized by FX Street, competing with over 3000 traders from over 20 countries. She was also ranked top 3 in other Asian trading contests.
She is the author of “Fundamentals of Currency Trading”.
Her wide range of experience has also led her to co-author a book, “Turning Ideas into Profit” with 10 other experts and professional speakers. Karen is also a contributing author of an investment book titled “Your Cash Moves”, where all the proceeds are donated to the Singapore Children’s Cancer Foundation.
Karen Foo's email: [e-mail]
Manager's email: [e-mail]
Website: www.karen-foo.com
Facebook: / karenfoospeaker
Instagram: / imkarenfoo8
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Music Credit:
• Trading Psychology | W...

[@KarenFoo]

There are lots of fake accounts pretending to be me on social media recently. I won't message people anywhere on social media nor will I go around sending friend requests. Those chatting with you on Facebook, tiktok, telegram or WhatsApp are all impersonators. I don't operate on telegram and whatsapp at all. Those that exist there are all impersonators. I also won't tell people to invest with me or DM me. Always double check

[@itsvicky.91]

@@KarenFoo how I can contact with you, please reply

[@KarenFoo]

@@abram7899 and you're not even worth a single second of my time teaching. I make all these videos for smart people. NOT cI0wns like you.

[@entertainment-ym8sv]

@@KarenFoo hi. Are you single? Let me give a chance to marry you

[@ahmadmustakhimabdmutalib59]

Hello miss, can i make videos of bahasa translation. Tq

[@shreyanshacharjee1799]

Yes

[@KarenFoo]

Let me know if you want part 3 🙃👇

[@LukaszAdams]

Of course we want and thank you for 2 parts.

[@loike31]

Yes please. Superbly straightforward n informative

[@trudysibeko3147]

Yes please part 3

[@ini_channel101]

yes, Part 3 pls.

[@kanekiken-san3674]

Yes please

[@KarenFoo]

Part 1 here: kzbin.info/www/bejne/rWPRiamAlLuod5o Part 3 here: kzbin.info/www/bejne/e32ZdJiigLypq6M

[@KarenFoo]

My full trading mentorship program here: startradersacademy.teachable.com/courses/

[@jackyu1143]

Karen is a trading teacher/mentor Singaporeans can be proud of. I hear nothing but sound advice from Karen.

[@KarenFoo]

And your comment made my day! :)

[@jackyu1143]

@@KarenFoo I hope to be able to meet you one day!

[@ananthumangalan8350]

That box example I have learned from Anton kreil ...Most genuine coaches teaches trading psychology with this example....❤

[@rayrichaud6511]

Part 3 please. Your knowledge is golden. 🙏

[@meilyn2020]

That's what I'm looking for. Thanks, Karen ❤❤ Want the part 3 for sure!! 😁😁

[@mustafabaris9681]

Your success in trading will NOT be determined by the number of green days when you are right but by the number of red days when you are wrong.. Let that sink in ..

[@jspau]

Facts!

[@majd2605]

Gold, can't wait for the full seminar ♥️

[@EidKatonso]

@@majd2605 ,🤣🤣🤣

[@LiveHMH]

Thank you so much for kindly sharing your presentation with us 🙏💖

[@KarenFoo]

You're welcome

[@stevegee218]

Tony Robbins - "If You Always Do What You’ve Always Done, You Always Get What You’ve Always Gotten"

[@GetRich101]

It's by henry ford

[@dex.cameron1855]

Exactly. If you want something different, you have to do something different.

[@mkgupta813]

What a wonderful person you are Ma'am, thanks a lot for being so supportive to us..... Regards From India 🙏😊

[@KarenFoo]

You're welcome

[@vanlallurachhakchhuak4403]

I wish KZbin would have recommended yur channel to me sooner..good content Karen..i subscribed

[@jspau]

This is actually very very good advice. Thank you.

[@doughspotbakers6100]

Very educative thanks karen

[@silviosarunic6709]

I have sooo much respect towards Karen Foo. Thank you miss Karen for everything you created on KZbin platform. Smart, beautiful and amazing woman🌹 Greetings from Croatia 😊

[@libbok9109]

Thank you, Mentor Karen❤❤I really learnt a lot from you even i cannot attend your class at Singapore. Hopefully, u can held some classes or courses in Malaysia in future. And, I will try and practice those habits you ve taught as my habits🎉🎉Thank youuuuu sooooo much❤❤

[@piotrmajewski5978]

Box analogy...so perfect. That's why most people fail. And that includes me.

[@CurrencyGoon]

Karen is dropping golden nuggets ! Thank you again 🙏🏽

[@KarenFoo]

You're welcome

[@Marc_Masters]

Amazing work 👏🏾

[@angus3963]

The smoker part is 100% legit, the second I changed my framing of my self image, BOOM, quit.

[@KarenFoo]

yeap become your future self today. that does wonders

[@Wedgie-s5d]

Part 3 please!!

[@sumisura4187]

pls part 3 thanks. now i know about the disposition effect. thank you

[@ronakpatel9814]

Box analogy!! The stocks where I booked 5% gain are giving more than 100 % return. I made a rule!! Just buy a stock at All time high with 5% stop and not sell untill in need of money.

[@nehakumari3753]

this is really helpfull :) I am a beginner, and found this insanely usefull. trying to understand in depth of each line you say..

[@rahulraniwala]

Please teach more on trading psychology

[@davidibiyemi1308]

Wonderful, this is fantastic, thank you very much for this enlightenment

[@nevergiveup7264]

Thank 🙏 you so much 🎉for your efforts, and for sure we want the part 3 and 4 why not 5 as Jim rhon Said ((why not ))

[@KarenFoo]

You're welcome

[@yvessalomon3920]

Yes please part 3 ❤

[@pawangarg9565]

Hello karenfoo , my question is what is the definition of patience if you are in a winning or losing trade,

[@CELESTINEBINARYOPTIONTTADER]

❤ greetings Karen thank you a lot for the tips 🙏

[@emmanuelaretu2361]

I just stumbled upon your video on KZbin and i can say it didn't even speak about Trading only to me, but also personal development. It was like Combo 2in 1. Thank you so much, ma. We truly love you ma❤❤

[@THEUNDERCOVERMUSLIM-c5r]

That was mindblowing mam. Thank you Mam @Karenfoo . Lots of love from kashmir ❤.

[@KarenFoo]

You're welcome

[@AniagbosorJideofor]

Thank you Karen Foo, keep up the good work ❤

[@KarenFoo]

You're welcome

[@swallyluoliso9900]

Yes part 3 is needed

[@DFCE82]

I want part 3 please! Wonderful thank you 🦸

[@Hephziba123]

Thank you mam for sharing your experience with us

[@KarenFoo]

You're welcome

[@nightcorenegzz3780]

Why being normal won't make you money. Many people will think what is this BS But i think it's true. I don't know about others but in my case i have realised that to be successful in trading I have to let go of my emotions which is hard. So anyone who is reading this I'll appreciate any advice

[@KarenFoo]

Well there is a reason why 90% lose money and only 10% who dares to be different achieve different results :)

[@color60scxarlett]

Part 3 please ☺️🤗..

[@lopoldsinma]

Want the next one🙏🙏🙏

[@hietony9719]

Thanks ☺️

[@lmdang8538]

Dear maam , i want to join this class offline but i am from India .. Please tell me the fees and nearby affordable rental prices .. By the way , 🎉Happy New year🎉 maam 🎊 Hope you all the best in this year 👍❤️

[@milenatodorova6664]

Yes, please ❤

[@faisalhussain9746]

Thank you Karen my mentor for a good 2 years now ❤

[@ambitionpersonified]

Excellent

[@refulge9075]

Thank you sharing this for free Karen.

[@yuyij6703]

I always this tendency to close my trades early before the price hit the designated take profit while I wait for the price hits stop loss. As the result I always make profit less but lost more as the value of my profit per trade is always than my losses per trade. Any idea on how to overcome that? To

[@infiniteheartnig3413]

Want moreeee🥺

[@sameerahmed3305]

Thanks karen

[@bobkhanofficial220]

Where are these classes taking place?is this class sponsored by city index?

[@KarenFoo]

singapore

[@zod-krypton6383]

Thanks for with subs.

[@davidpeters8821]

part 3 pleeeeaaassseee!!!

[@patrickkasobya3208]

Have aproblem of impatientience wat can i do pliz ? Thanx 🙏🏻

[@sipgrow]

What is minimum capital required to start trading in forex pls reply

[@gospeltweet]

Do you do mentorship, and do you render financial assistance pls?

[@KarenFoo]

Mentorship program here: startradersacademy.teachable.com/courses/

[@ayehtwe-ut2js]

thanks

[@maniv2119]

Do you have a trading journal template to share? Thanks.

[@KarenFoo]

let me guess. you didn't bother searching for that on my channel :)

[@maniv2119]

@@KarenFoo I'll get right on it :)

[@ekehpeter9996]

❤❤❤ how wish i will see u face to face

[@ZAYN22492]

You are best teacher ❤. Maybe you make me profitable trader🥺❤❤.

[@givemeamin4199]

Part 3

[@ABDOUBARROW-e7c]

Mentor I am from gambia I want to come and join th team to trade

[@baksilva9454]

Don't forget to add Karen into your prayers. Always producing amazing contents . ❤

[@KarenFoo]

People should pray that i don't quit teaching. 3 years and still stuck at 400k subscribers

[@nooran_fx]

@@KarenFoo nahh you're just one thousand subs away from 1M

[@baksilva9454]

@@KarenFoo Please don't quit. I guess it's because you teach hard things and always telling the truth of how financial industry is so to be but 400k is really not a bad number Mentor.

[@Mytradingstyle1100]

🎉🎉🎉

[@machenrique]

Karen what's your favorites pairs in Forex

[@AgustinusHarianto-u7o]

Hallo master😃

[@conciouschoice-i2m]

What if that high probability trade 10/10 happens once in 2 months, ..you have bills to pay

[@0x_jstinFN]

@@conciouschoice-i2m 😂

[@lesh1986]

@user-vh1wh1eh3u if your prability happens in 2 times a month then it means it's a killer.i have seen interviews of the best traders for firms,they only trade 8 days or less in a month and makes $16000.its not about how many times you trade,but are you able to catch the most big movement.riding with that movement till another change of character.

[@rajb9566]

@@conciouschoice-i2m yah but 5/5 probability blow ur account how?..if ur mango tree never give any fruit this year..no choice wait for next crop don't chop tree plz

[@ronakpatel9814]

When I hit high probability trade, I cover while year's bill.

[@TravisHunter-hm7nf]

@@conciouschoice-i2m email the market with your complaints.

[@TOP10WAYS90]

I saw potato price chart and then Eur/ usd it look like same but why?

[@mayalalee1]

[@dawitnecha8181]

The sound is not clear Dear.

[@KarenFoo]

imagine complaining when there are already subtitles

[@relaxingmind-1v]

🙏🙏🙏🙏

[@PostalPete65]

❤

[@kashitrader20.12]

Can I joined your video ?? Pl

[@KarenFoo]

what? 💀

[@sana-cm7oc]

Lez Bee Yun

[@summershaw5041]

this is because only 10 % people watch your Video with Golden Subscription and 90 % people either do not watch your video or watch your video without any subscription

[@KarenFoo]

Seeing so many fake gurus with 0 finance background surpass me in sub count over the years that's why i feel like quitting everyday :)

[@JamesRevs]

Hello watching from philippines, looking for real mentor

[@nelsonmikelsamy-895]

Madam kindly suggest best forex broker in Malaysia...i have one in my list which is HFM broker...can i register... anyone else can suggest too for me...thx in advance..

[@Heliumk198]

great explanation may i know how to participate in your course?

[@KarenFoo]

This seminar is free. But for my online courses it's here: startradersacademy.teachable.com/courses/

[@anilkr.sharma3227]

"Tom Houggard"

[@superdaddychannel8270]

I quit smoking because cigarittes are too expensive. I don't see nothing

[@Dazai-b8i]

Hi..what app did you use for trade? Sorry my English is bad thank you

[@samirmanohar573]

Lapel mic would have been great

[@KarenFoo]

my videographer have placed the mic on my shirt in the previous talk and i told them people were complaining about the echo and now they placed it onto the handheld mic. I myself have tried the lapel mic but it ended up worse. U think i never tried? How about learn to be grateful instead of complaining?

[@giovannidicarlo9047]

the two box things got me, if the first example i chose the unkown and the second pick the -5k, somethings in me feels bad lol, if i chose the +5k and -5k i feel better, so this means that i should go for 1:1 risk reward meaby?

[@KarenFoo]

Most of the people there attending chose A followed by B. Of course there are rare cases who chose the opposite

[@nirajshah2680]

mam pls dont use so much of papers , u can use boards in which u can clean and can write again. pls dont go against nature. save trees❤ save earth.

[@KarenFoo]

i've studied environmental engineering back in my earlier school days and i've launched and volunteered in so many environmental projects all around asia and probably done more for the environment in 1 year than you'll ever in y0ur lifetime. how about fix y0urself first? and i paid a videographer to post this. learn to be grateful rather than acting like a chiId🤡🤡🤡🤡

[@vanlallurachhakchhuak4403]

@niraj didn't yu see her flipping back the previous drawings to explain?

[@statesofbeing888]

Do people really pay for this?

[@KarenFoo]

this seminar is free and i gave away books to people with free food you cI0wn. You probably can't even afford a book 😂😂😂😂

[@Divyv520]

Hey Karen , I love your content, especially how you interact with your audience in the comments-it really builds a strong community. I’m Divy, founder of Rise Up Media. We’ve helped creators like you grow their views and subscribers using proven strategies. I noticed a few opportunities on your channel that could really boost your reach. Interested in a quick chat?

[@KarenFoo]

i get tons of the same requests and emails like yours everyday. Don't waste my time. Ain't interested to chat. Take your fake engagement comment elsewhere