Forex Trading Psychology - Top 3 Things You Need As A Trader (Podcast Episode 13)

[@NoNonsenseForex]

I lost 4 subscribers right after this episode aired. #victory

[@rahulchahal5360]

No Nonsense Forex well you asked the just listeners who don’t trade to drop off. 😂 They listened 😂

[@alfonso87ful]

No Nonsense Forex jajaja thats so funny. All the better.. its best to help those that want to hell themselves

[@bradleyt]

LOL....hilarious!!!

[@barrysyne]

you just gained new one here im beating forex 16hrs a day :-)

[@kekyou9727]

@@barrysyne REALLY ?

[@lamasgoldstone5524]

Honestly I always find myself coming back to the trading psychology podcast ❤️never gets old VP 👏

[@jefviz]

1.Willing to take Risk. 2.Discipline 3.Patient

[@ArjayLoop]

I'm only just getting into trading and I have to say, I feel incredibly lucky to have found your content. Nothing but raw, quality advice amidst a sea of posturing and blind regurgitation. Thank you so much for doing what you're doing, all of my hats are off to you.

[@davidfairfield6489]

hows your trading, im like you was a year ago i think

[@jannievandermerwe3384]

@@davidfairfield6489 how’s your trading? It’s been another year and I’m starting

[@Subliminal-b5s]

im sitting here on friday night after a hard week in the work testing volume indicators and listen to VP's podcast. i really want to go out with my friends but i know this will pay off someday and i will get back the time im spending learning this.

[@_yt.2108]

it was 4 years ago. How about now?

[@MaryCorleto]

Been here 3 years ago...and I'm here again now coz I'm an emotional wreck haha. But seriously, thank you for this trading psychology playlist, VP.

[@Mo-kh6rj]

I'll be honest, I fall in that category of people you don't want subscribed to your channel, but I'm working on changing that and you've been a great help in this

[@marlborowang1753]

I feel like you give too little credit to your self. You weren't motivated before because you haven't find something you thing is going to change your life yet. Admitting to your own mistake or realizing your problem is 51% of the work to success. The rest is only putting one foot in front of the other ;) How are you doing now compare to the you 10 month ago?

[@rehanrao5]

I am going through your Trade Psychology videos again after Demo trading for almost 1.5 year. Its refreshing

[@joeljoung4885]

I just won about 18% of my account by risking 2% with 4 trades and now Im scared my trading psychology might be messy and I could lose all that money, so I came out to watch this video to lower my chance of losing money.

[@BigWickEnergy_]

Did you lose it? Lol

[@mariogordon2849]

Did you lose it?

[@hidigabdi7919]

New to trading and was starting to think either I'm too stupid for this game or play the blame game. My timeframe was the fast lane...lost everytime. Simply switching to daily charts dropped my blood pressure by a few points, straight into my win rate. Dude, you F@#*ing rock! Thanks.

[@lucapuzzoli8363]

Hi VP I would Like to quote my favourite author: The consistency you seek is in your mind not in the market. Mark Douglas. I must have watched this episode of the podcast 10 times at least but they are all excellent! Thank you

[@laurenh978]

I love it when you say "I want a small tribe of absolute killers". In my way of thinking, you are hinting at a future job proposal. One day I'll be ready. I guarantee you that.

[@mauromorales1]

technical analysis- done, core concepts- done, money management- done, now its time to improve my algorithm and go through forex pyschology! lets get it

[@thechartmaverick]

SHO FIFA I’m just starting core concepts

[@kotenhit5401]

Hey VP, I've been watching your videos for a while and have implemented your phenomenal way of forex trading into my system. I've started backtesting a bunch of indicators and filling out my spreadsheet day by day. This is actually my first comment on KZbin ever! I just wanted to Thank you for everything, your channel is literally changing my life, I can't stress this enough. Thanks man.

[@roym1444]

Back I come to the old stomping ground . Woah what a journey this channel started me off on. VP I cant thank you enough for giving me some of the early building blocks and entusiasim to go on this quest. I don't come back as often as I should but when I do come back its for this gold. Your some man for one man ! Hope all is well.

[@brandonjones476]

Been trading for about 3 years I have a great mentor, you guys sound a like. I'm very interested in learning your trading style in the near future. Your core principals have been eye opening. Thank you for all the knowledge.

[@Goddambruh]

the way you connect dots between youtube videos with other youtube videos and nnf blog feels like a really complex indicator on the charts but boy do i love indicators ! nice work

[@gregs1245]

I just finished your money management list, and I'm listening to this now, I enjoyed you chewing out people who don't do things, because that is a part of my personality I've been working to overcome for about 2 years I good shit talk is a hell of a motivator

[@IamLuisAlvarez]

Always great to listen to these again 🙌🏼

[@ihavenoname1992]

I come back to this and rewatch this playlist... not gonna lie I do everything at an accelerated level and change directions when I haven’t kicked down the door to what I want... but more than anything I see the lesson in this and when I get there and start networking... remember me VP, because I’ll shake your hand and thank you one day

[@El1teMot1vation]

This has got to be the best course on FOREX trading that I've come across and its FREE! Damn VP you are the man. I just binged watched episodes 0 through 13 and I'm excited to learn more. I tip my hat to you man, straight up thank you for doing this!

[@LP8Trading]

Going over trading psychology and money management since we're in this stay at home phase. Discipline equals freedom is a great book by the way. I wake up everyday at 4am for no reason now. Thanks for everything!

[@GP-ty8ix]

Looking forward to listening to this... These Trading Psychology are a blessing!

[@petereastman2663]

This is my 21st month of trading Forex. I suck. I have determined my biggest problem is me. I'm working on my psychology. My money management is good.

[@shednotes3016]

VP, I appreciate your REALNESS. I do have patience. Having the proper information is all I care about. Actually, this journey locating indicators has been a great experience in learning how this process works. When I understood the meanings of the confirmations needed, they became easier to locate for me. No questions need to be asked for me, they are ALWAYS answered. I will rewatch your vids to have this information imbedded in my thoughts. I will purchase the book to keep me focused. Again, you are FANTASTIC. The universe will continue to open for you. The BEST intentions!

[@notyanggang2157]

I'm just now learning about all of this and a friend of mine recommended I watch your videos and I don't regret doing so one bit I really want to learn

[@marlborowang1753]

I would say Trading Psychology and Money Management are EQUALY important! They are the Sky/air and Earth that will make succeed (sucseed) grow. This is coming from the Chinese Yin and Yan theory. Everything that exist in the universe must have both Yin and Yan. Thanks so much for putting all this knowledge out here, I can't believe I found your channel this early in the stage. All the best things in the world are free!

[@Porphyrogenitus1]

There's this YT FX trader I watch because it's wild. He proves what you say in this video. Nick - bald guy. Since you watch what content others are putting out you prolly know who I am talking about. Anyhow he admits his trading method is dumb. But he has a money management system and clearly masterful trading psychology. His method breaks all your rules. But he's got money management & psychology down. Not saying I want to trade his way. Or I wouldn't be here. But it hits that point you make on #1, #2, and the gap to #3. (I have to admit #3 - indicators - has been my focus. I'm still putting together and testing my system). (I really just started watching this channel and have been catching up via 2x speed).

[@7ribe694]

VP THANK YOU ..LUCKY TO FIND THIS AS MY STARTER IN FOREX AND ITS 10 DAYS IN 2021 !!! Definitely knew I had to buy in when I heard you’re only looking for killers to attack this wild market..up for the challenge and again thank you!!!

[@BangBow360]

i bought the book instantly while listening to this pod

[@TheDWZemke]

7:28 love the defficate or dismount!

[@PETROCKTRADING]

more people need to watch these videos! this is my second go around at forex after I lost 800 last year from buying into a class and trading smh. but ive been watching your videos, audio books and demo for the past 4months and my first real money trade this past week I was micro managing and freaked, closed it out a few hr later with a $10 loss at .05 lot. from Monday to Thursday I managed to gain all of that plus $7 all off .01 lot trades and just letting the market do what it do and trust the indicators I use. being emotional lowkey takes the fun out of trading but the results bring the euphoria!

[@marcbarling2649]

Forex Trading Psychology is my reason things changed for me as i now treat trading as my business and once i got that things changed. losses are my business expense and once i add that to my MM i am now a consistent trader who is in profit every month and its what i tell everyone who ask me what did i do to turn things around

[@lafayettemitchell9979]

I thought discipline would've been 1st. Thanks for being so REAL, down-to-earth.

[@trevorpennyfeather877]

I literally JUST started my journey of trading and a friend recommended your channel. I truly believe in the characteristics mentioned and the idea of demo trading. My question at this point is what else do I need prior to beginning demo trading? The trade lingo is still foreign to me so I'm hoping to absorb everything I can.

[@NoNonsenseForex]

Check out the Beginners video. Made just for this purpose.

[@trevorpennyfeather877]

@@NoNonsenseForex much appreciated

[@PedroDVC]

babypips.com for learning. Recommended by VP. I know VP, we teach to cook, not give the food.. But the guy is starting... ;)

[@mercury7831]

I'm one of the "Absolute Killer" you are trying to teach. I'm GLAD I found out your channel. Thank you VERY VERY VERY MUCH in advance in sharing these videos.

[@LaRasCraft]

After 1 month live trading, I am down 3%. So i am rewatching this whole playlist. Thanks VP!!!

[@dehash666]

8:17 lol. One day I woke up and googled what FG (Tom Hanks) really said in that movie beside "and this is all i can say about war at Vietnam" :)

[@yaseenkhaliq]

Another amazing video 2-13 done, following the plan, feel everyday i am getting closer it will be interesting to come back to this comment in 12 months again THANKS VP ! I don't know what will come of this but the journey is always the best part of any plan!!!!!

[@thedougclose]

I listened to this video sitting in a public library while looking at my charts - and immediately after it was over walked a couple feet and checked out Jocko's book. Support your local public library!

[@str8t0thetop1]

your a beast im listening to every video you have!!!! you the best out!!!!

[@mikestevens1728]

Well for initiative. I took two classes to learn how to trade. Demo traded for 4 to five months. And then said hell with it started trading real money. That maybe lack of patience and discipline. However, I usually learn as I go along. But what's great is finding this way of trading and I have better looking trade entries and especially ones not to take

[@bsmitty07o]

I’ve lacked initiative my whole life and it’s really starting to bug me. I think the challenge of trading could really help me though. It’s truly my new passion in life.

[@Murph1989sean]

Your comment about content consumers and actionless listeners made me look forward to the 45th episode. 7k views, looks like you got what you wanted! Ill catch up there soon enough, September is not that far behind us.

[@ErronBarbeeYT]

I feel "Real" right about now 4:46 Much Love NNFX

[@VilkasDe]

I am staying with ya until the end! No giving up. I am a total action taker and I'll prove it to you ;)

[@VacioBizarro]

how are you man??!

[@k0jir3n93]

I will give it to you, you pegged it with no nonsense lol, enjoying the brutal honesty, paper trading as we speak

[@kumbukanikachingwe9919]

I am writing this on behalf of the entire African continent. I am an intermediate trader with knowledge of how the market moves, but I stumbled on your content I took a second and rethought my every trade. I should say, thanks very much. You have served Africa.

[@damienpham7305]

Hi VP, thanks your sharing your knowledge. You have shown me what knowledge I lack and how to gain mastery level. For that cannot thank you enough. I've implement your strategy in tradingview and eventually on to my platform which I spent insane amount of time developing in the last 18 months.

[@archravenineteenseventeen]

Believe me or not, no one actually taught me anything related to forex. I'm from 3rd world country and making money here is not what you think. Thank God I find this channel. It made me.improvr abd I can see where I get my fault in trading.

[@allensilveria9614]

I agree the answer between money management and psychology can be debatable, but how its structured depends on some factors. For example: people that are stubborn and have a ego(me) will probably prioritize psychology first. I have been taught about Money management from a young age. It just depends on you.

[@brettmeadway43]

Thank you 🙏. This is a series I been waiting for.

[@geoffcohen6062]

vp, this is put in the old forex trading psych playlist, not the new one. just a head's up in case this was a mistake and you meant to put it in the new psyche podcast with the others.

[@shanemckissick6918]

I seriously came into this thinking i could do it and now i know.

[@steveknows6126]

Jocko's book is great. Really cheap on amazon and summary's available on audible.

[@God__Is__True__4__Us]

Another one! 🙂

[@GiC7]

Thanks VP and thanks for the book.

[@umerahmad255]

heyy VP..amazing content...love the way u are teaching and the content...what are your thoughts on using Commitment of Traders Report ?

[@DomainXpansion9]

😭😭Thank you VP for working hard and giving such important knowledge to us struggling for so many years. I will make it this time and work hard and make the algo. I hope you and your family good healthy life. Health is wealth.

[@buffectomorph9657]

As always, great relationship advice!

[@ibrahimalobaidi4333]

Cannot say any thing u r the best hope for u all the best Mr. VP

[@miqueas574]

absolute killer ninja training right here...

[@marlborowang1753]

I thought all the subscribers would watch the trading phycology videos but only 25% of us do lol. Well, good for us cause the other 75% are going to give their money to us when they trade!

[@fixguzman]

Absolute killer here sir yes sir

[@lauby182]

Great advice, as always.

[@nickp9910]

Here is the thing, I am certain I don't have half the quality you recommend. But I don't give a shit what anyone says, including you, VP. I am not going to stand around and hope or even mope. It's simple. I want it and I am going to take it. What I dont have I will create from sheer will. And that story is now concluded and the book just closed. Booooyahhh!!!!

[@looadvantage1249]

Good day VP, How to prepare for 1st day of the week before market opens for trading, what to look on daily charts for past days? if possible please. Regards

[@siphelovellem7054]

Hy VP your channel its great and i have been studying foerex for 2 years now and this channel is the best in KZbin Thank you man I am in South Africa and am gonna go through all your podcasts and videos God Bless you man #NoNonsenseForexRules

[@bhongonkumanda7630]

My friend, Kabelo Twala sent me this. I only opened this after I had a dream with me being on top of a small mountain and a big mountain was infront of me (blocking the view I wanted)...I knew i had to come here

[@marwanmahdi9870]

thank you buddy , that was too helpful

[@sisekomaci2930]

Good one

[@rahulchahal5360]

Completely agree, it is the 6 inches between the ears that count in trading, golf and life

[@elartedesaberconocimientoe5423]

How to create discipline : Make a plan for 100 days. Example. Myself For 100 days i am dedicating yo be the best of me. Which means. For 100 days i was dedicated to change. Be discipline and learn something new. This is investing, learn how to invest. Listen to this videos. Great material if you want to be successful

[@hasanicollegeoftechnology]

Where is the book ?

[@gregparman-sibley6277]

WoW. Call this not Sexy....This is great material. Its Gold Standard. Know what I want to say, just not able to find the right words at the moment. Will come back and add more when I've had time to digest fully and think properly about it.

[@tumimongalo8717]

I'm a new trader and the spread hit me hard today 💔 Had to scale out of my position just to avoid losing it all

[@pmc5917]

you talked about Jocko Willink.. you've completed my life...

[@bramankersmit]

And that's all I have to say about the war in Vietnam.. hahahahah I love you man! You're the guy I was looking for to get started with steady dedicated trading.You're content is the best bro! :)

[@bramankersmit]

ordered discipline equals freedom! hungry to read this one!

[@Squirrell05_xndr]

thanks sir

[@rahulx529]

Man what do i say i have done everything to improve my trading and it did improve though , in technical aspect i almost 50-60% of the time beat the market but when it comes to patience and loosing days and streaks i do so stupid things that makes me feel like what i have learned and improved so far worth nothing and its kinda happening again and again feeling like stuck in a loop 😔😔

[@mama-cg5ri]

I’m 16 and don’t want to be part of the work force.

[@eccomi21]

i am 22 and i can tell you the work force is what generates the products that make the market that gives you the opportunity to trade. for that i will be always working full time as an industrial mechanic in a foundry that makes automotive parts. but if i can manage what VP does and invest only 15 minutes a day to manage my trades, i will get rich while supporting the system that makes me rich.

[@mama-cg5ri]

Scheurer no you are wrong

[@TheYakkis]

Looks like you wasted some perfectly good wisdom. Keep doing what you're doing. You'll be fine.

[@VacioBizarro]

@@mama-cg5ri there are other things to invest time man, 15min a day in forex and then what are you going to do? personally im going to be a doctor, but this is just an extra skill. science man, way to curious to just be in front of charts

[@fatal2301]

@@VacioBizarro did u become a doctor then

[@charlesorgan106]

How does fear factor into initiative? I believe the fear of failure can override motivation to take the initiative. any ideas

[@mrweddingspeech151]

I just bought this book!

[@kebostar7330]

I got a bit lost when you told us a story about your phone call which took more than 20 minutes. If I understand it correctly if you take a trade before 2 pm spread is smaller than after 2 pm? Thanks to anyone who will respond (Y)

[@vincentaaron997]

Hey VP guess wat am back, I really underestimated this video until I blew my account and couldn't understand why when I have a great system I managed to put together.

[@Year9FX]

Thanks

[@Ronald1987ist]

You are the man

[@erick11171972]

That phone thing happened to me and down 15pips right away 😂 lesson learned

[@emiliano3873]

My seat belt is on! Most say i started wrong been looking into were is the holy grain!? But started right, done all babypips lessons now into all your video's

[@37859768]

thanks again

[@Songsilike-4U]

Thank U 👍😉

[@dizzleclamcore9141]

I've never done crack cocaine. However, I'm SO into these videos and this channel I imagine it's like crack. Fricking love it! Thank you for doing this. I will be putting your suggestions into practice starting this Tuesday. The shit indicators are coming down. My hunt for good indicators begins. I go back to my demo account. I start paying attention to Risk and $$ Mgmt and doing this right. I'm Jazzed! Oh, and I've gone back to school at Babypips! Time to rebuild a broken foundation.

[@NoNonsenseForex]

Loving it. Keep us updated.

[@scott9257]

As a psych nurse, I find the psychology aspect actually quite interesting

[@OverLeveragedTrader]

Who is your broker?

[@JiggaOfficial]

he uses oanda

[@justgjt]

He uses OANDA

[@iqbalzawa]

Just watch his videos from the start and you will know

[@OverLeveragedTrader]

Ok thanks guys

[@datboinate0192]

Onada is the worst company

[@khimseyha855]

Hee, VP I found everyone leave good comment in every videos on your channel. But I don't know what you say because I don't know English well. But I will try to translate it to my language every single words. I never found this on KZbin before.

[@sherwinbactat4179]

Glad I found your channel. A lot of there a wanna be pro.

[@sunyogaint8978]

fyia Raspek VP

[@makoandrek368]

we are a tribe of traders in the jungle

[@MrLuie68]

I´m felling strange! I 'm like a sponge! Boommm! to knoledge!

[@leewilliams6058]

👍