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@FreePalestine80965 жыл бұрын
"You've got to do the opposite of whatever your immediate instinct is"... so true!
@lorenzoluizdesouza12153 жыл бұрын
Yeah I like to last point he mentioned. Whenever you're in a winning trade, all of a sudden you see a lot of factors that tells you to close the position as quickly as possible. Because watching it as unrealized gains, makes you uncomfortable. And you just throw of all the strategies and the pre planning that has been done before which you think isn't gonna work. And that happens to be the case for me most of the time. But I get it. I understand now
@sambocap3 жыл бұрын
Some people may be watching this and think "This only applies to those who want to trade fulltime and for a living, I'm only doing this casually". Yet think about it, you are entering an arena against those who have committed their entire lives to trading, sacrificed almost everything. But, a lot of those people can be very emotional and do make mistakes based on emotions.....mainly fear. So in a way, understanding trading psychology and mindset can be your greatest edge in the markets. You may think that you're only risking your money when you're putting on a trade.....but you may be risking a lot more than that.
@bullb3ar6 жыл бұрын
One ive seen to be helpful is not repeating in your head "How much (if i am right) can i make on this trade. But repeating "How much (if I am wrong) will i lose on this trade
@Quantumfuturestrader3 жыл бұрын
Embrace rejection. Very good. Execute the trade. Dump it fast if it goes against you. On to the next
@MrDvfdsv3 жыл бұрын
Wow.. Charlie is one of the greatest communicators I've ever seen.. Not just the eloquence but the overall presence as well.. Superb! Amazing that this guy can actually sit in front of the screen for tens of thousands of hours in his life all by himself with his natural gift of interacting with others.
@JamesEdwardsMarche1108807 жыл бұрын
Excellent point about reminding yourself of the broader, higher time-frame analysis.
@MsDeathGuy4 жыл бұрын
7:30 that advice is gold for me
@arzoo_singh6 жыл бұрын
That's true it's a mind game .At the end its all experience, and maintaining a balance , speaking on the point about counter-intuitive . So let's look at this example. You should put a stop loss --- Stop loss are meant to destroy small traders , they know where you are putting you're stop loss . You should run away with small profits ---You should maximize you're profit let it go higher and minimize the loss . All this points are right, but we have to see things fro a wide angle. There are many examples like this , please do not watch a something and then follow blindly understand the context ,the background the idea . It should be seen in a balanced way .
@kyloaza Жыл бұрын
thanks for the video and psychology is important to me. I am a new trader who is still learning in the NFC community.
@boogiejonz5 жыл бұрын
Losing quickly leads to winning sooner-A.Chill.
@rafaelgomez19894 жыл бұрын
In TRADING > " COST OF DOING BUSINESS " is a better term than " REJECTION " ... which has a NEGATIVE connotation
@makemyday14776 жыл бұрын
If you learn to dollar cost average you can turn losers into winners and eliminate the fear of being wrong. Confident traders know how they will get out before getting in.
@TheProfiters3 жыл бұрын
Wow, this is mind blowing! Re-analysing it is for me going forward. Thanks
@ravichandar54263 жыл бұрын
Excellent learning from this video and specially at 07:30. Thanks
@davidibiyemi13087 ай бұрын
Fantastic, thank you very much Sir for this enlightenment
@noliarguelles85494 ай бұрын
Buy at break and put sell stop insread of stoploss of at least 3x of previos entries at 1:1
@marketmindset90703 жыл бұрын
Good video with some sound advice for all of us traders. Thanks for taking the time to upload.
@Thetaleswithin2 жыл бұрын
That's such an interesting video. Thanks for sharing this with us.
@gustavomedrano36283 жыл бұрын
4:45 i will remember...
@Plutoguru4 жыл бұрын
This guy's great.
@CoyoteCanyon724 жыл бұрын
Well said Charlie!
@haydenharris30596 жыл бұрын
Can you apply forex psychology to roulette regards Hayden
@bullb3ar6 жыл бұрын
Hayden Harris casinos have the edge in roulette
@Cmbg32 Жыл бұрын
My biggest issue is missing out on trades. I can handle a few losses in a row, but when I come home and find that I missed out on a beautiful set up because was at work I get pretty pissed.
@drivewithbishop44263 жыл бұрын
The arresting mechanism has caused me to freeze on very lucrative trades. I can't do that anymore. I have to stop over analyzing.
@take_the_trade4 жыл бұрын
More long questions than answers .... Let him speak .. we know you are good interviewer
@PanicAttackRecovery4 жыл бұрын
Great interview!
@astraeabeauty19577 жыл бұрын
Handsome Charlie 😋😜!!!
@soulchi75772 жыл бұрын
Just take the trade traders !
@albertlabos84002 жыл бұрын
Collective cluelessness, marvellous !
@ddljddlj7044 жыл бұрын
bradpit trading
@SSEnrich2 жыл бұрын
1 trade in the line of 1000 trades. It is true, but do people really need to hear this? People will have to come to that thought anyway one should believe.
@richardharrison54672 жыл бұрын
Lol they mentioned sun tan to trigger the thought of vacation and easy street compared to your cubical life
@monka9102 Жыл бұрын
Good 😢
@turbyturbo17 жыл бұрын
nice
@sashasullivan48753 жыл бұрын
This is basic basic stuff. How about letting some goodies out of the bag?