Things I Wish I Knew Before I Started Trading 20 Years Ago ☝️

[@ukspreadbetting]

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[@JohnD-do3ge]

Lol everything on this list not only applies to trading but to life 1) Life is a mental game 2) You need to be tough because you will be tested 3) You will lose a lot in life 4) It's a never ending process 5) Find your own philosophy or a way that you will live your life (don't just copy others) 6) If you can live properly, meaning sticking to your beliefs and philosophy and not straying from those values that guide you, you have a chance to live a good life.Nothing is guaranteed lol. Just like the market.

[@spseo9913]

I have a huge respect for Mark. I wish his channel grows 10 folds and views on his KZbin videos 100 times. He soooo much deserve it.

[@pippacarron1861]

Perfect commentary for me right now after a rough day of mental meltdown beating myself up because I broke my own rules (a rare but annoying event!). Thanks. Once again, a brilliant video Mark.

[@TheFsf221]

Thank you for awesome tips! Finding your own strategy is definitely a game changer. Spent a few months copying other people's rules which limited me. Once I integrated the fundamentals as opposed to the specific details of what made my mentors successful, I was able to create my own system which took me from breaking even to consistently profiting.

[@thecorneredking6547]

Continually evolving puzzle is the best description of the market I've heard

[@abhijitkhialani]

Excellent observations.... thanks for sharing your valuable experience..

[@morleycable]

Number one take away... It's a mind game keeping yourself on track. Seeing each mistake as a valuable lesson and aim to catch it so you don't repeat it. Above all, enjoying the process... Been trading with my daughter's talking them through they are 4 and 7 explaining the price action and the things we will do for each possibility. Seeing it play out is very rewarding, and thinking in probabilities and taking partial positions at each target. Had my worst week but best day after today, really enjoyed the process and can see a clear path to profitability

[@teddybear9644]

Great video thank you! Needed this . Don't rush the process

[@jayrakmoola8137]

Win lose or draw I'm all in. The marathon continues

[@neanderthalsnavel7411]

It's great to hear somebody say that trading is *not easy* and it's a learning process. SO many micro skills to learn!

[@drabidkhan6990]

it is never too late Mark.We all learn gradually

[@vveerrgg416]

Totally what i needed to hear today! Great post and thank you for sharing it.

[@georgenormanham6363]

It's all psychological.. Leave emotions at the door.. You will lose money, Like anything else in life, you have to enjoy the process.. Time and alot of patience is needed.. The effort you put in, is what you will get out of it. The best skill I am teaching myself..

[@NgoledgeTuition]

Can't agree more with all the points you have mentioned..Thank you for a great video.

[@robertaceves8190]

Thanks so much! I enjoy and learn in all your videos! Thanks for the proper mental frame of: "understanding it's a never-ending process and that should be the joy of it". Thank you.

[@younisainine818]

Thank you for the video. I wonder how long Mark took to become profitable?

[@axelhippo8661]

Love your honesty mark,you don't have as many views as educators showing off with ferraris but at least you are sending the right message

[@mariusvisser5713]

Thank you mark i am in the beginning stage of becoming a profitable Daytrader, making small profits but more losses, your video really helps not giving up, I got so much more to learn, even I thought before I knew enough about the stock Markt.

[@adrianpaul2922]

Very true... Every word. Tks for share your experience

[@debanshubanerjee615]

Well I like your video's Always!

[@lifeafterkings6315]

good vid bro and i must say i like this jacket

[@cbass8202]

Great video bro, learning so much through the wins and losses, overall becoming a better human which is the best outcome

[@glowy303]

Top notch advice.

[@davidoconnor8224]

Super advice..having an edge, managing risk and your mindset are the big three I'd say but each one of these takes hard work. New (and unprofitable) traders would do well to look hard at each aspect and try for incremental improvements across the board.

[@enigmaviki]

Extremely helpful video.... Bangalore India 🙏

[@frycandy]

Great advice 👍 love your work

[@JamesParus]

Even just a hobby trader i have noticed that i have now better understanding for risk and profit and edge. I actually continue in a day job because i have an edge in it. It has low financial risk and everyday i can make a profit with reasonable ease.

[@amberrussell3932]

This is nice, thanks for sharing

[@owenbrat]

Great video as always

[@annerlyyoung1978]

Nice content

[@jayrakmoola8137]

The part at the end when you said "it's the most rewarding career If you can make it work " Well that's how I feel now but seems kind of too good to be true still kind of new been doing this for about a half year now, I guess if I make it another half year I'll fully embrace that feeling.

[@jeetdeshmukh]

So useful. Please keep it up

[@DanPocketRocket]

Thank you for sharing your wisdom Mark -^-

[@harshshah6356]

Very nice

[@saxz99]

Absolutely agree, this is a mental game and that's why I am not doing as well as I could. I run my strategy with real money and in a demo account in a mirror sort of way. My demo account has 2x the profits because I let the profits run, I don't fret, I stick to my strats.

[@jeetdeshmukh]

Lovely video

[@emilkocsis5336]

yeah I like the mental aspect of the game when I win (on occasions ...) not so much when I lose. But good video, thanks.

[@sherlock8091]

I love the excitement when trading,thanks I get and understand what are you talking about ☺️😎

[@صاحبالسموالملكيالاميرالدكتورال]

Thank you 💕

[@samsabrosa6841]

I enjoy the process not necessarily the money. Maybe the long time traders will resonate with this.

[@sommi888]

💗💛💚💙 The best advice is to describe your strategy in 1 sentence. If you cant, youre not doing it right. Example: "I trade breaks and re-tests on the 4hour chart of Forex pairs, in the same direction as the Daily macro." 💗💛💚💙

[@darthrosh5223]

How do I learn to trust my judgement? Cos that's what's killing me right now.. I start doubting my analysis only to see that I was correct.

[@cactiman]

If you keep a trading journal and on average it backs up what you are claiming, then you got nothing to worry about 😎

[@backtothescriptures6592]

Do you trade technical analysis? And what do you think of people saying technical analysis doesn't work since I see a lot of technical strategies you teach.

[@ukspreadbetting]

Mark does make use of technical analysis. Here are some of his past videos addressing whether technical analysis works: Studies show that chart patterns are no longer working, what does it mean for traders!? 😕 kzbin.info/www/bejne/n6aUcqiJiNVji7c The Pitfalls of Technical Analysis and is it Scientifically Sound? 🔍 kzbin.info/www/bejne/q33Xo6eaf7NnnMk Is Trading From Charts & Technical Analysis A Big Scam? Do Indicators Work? 🙄 kzbin.info/www/bejne/bHyqoKuJm9V0qtk IS TECHNICAL ANALYSIS USELESS? kzbin.info/www/bejne/a2OkqKWMjcdpbMU Is Technical Analysis Just BullShit / Nonsense? 🙄 kzbin.info/www/bejne/emHCXnSCbL97Z7c Does a Moving Average Crossover System Really Work!? 🤔 kzbin.info/www/bejne/mKKWhoVml9hpgNk

[@dadadannn]

I think TA works because other traders (retail and institutional) see it and base buys/sells decisions on it. Its a man-made self fulfilling prophecy. Because everyone else uses it, it becomes valid....take away the market participants and just have you versus the price, TA doesn't mean a thing

[@Ben-fy5zy]

At what age did you start trading, Mark?

[@ukspreadbetting]

At around 20 (41 now).

[@pedro300854]

What's your view on robot/rules based trading that effectively eliminates the human element? Obviously it would be everyone's dream to have an automated money making machine, the holy grail of trading. Maybe some viewers can share their experiences???

[@luqmanhrizal]

love from 🇲🇾

[@wiepcorbier]

Stop saying 'you know' please. But the talk is very good

[@lloyddobler1310]

I'm at the getting punched in the face phase lol I am staying optimistic that I am almost profitable.

[@gedalianiasoff4021]

The market moves of the human mind 😂👀

[@jayrakmoola8137]

🔥🔥🔥🔥

[@keirankainth]

20 years ago he was 3 years old.

[@ukspreadbetting]

I believe Mark is around 41 😉

[@illegalsmirf]

1) That you will lose money

[@Stepforfuture2023]

🎉❤

[@kylepeterson6213]

I made a lot of blunders trying to trade on my own ....so frustrated right now.

[@1RPJacob]

Don't learn trading with real money account

[@cactiman]

Maybe for a while but that doesn't help with the emotional aspect. For me I learned more by putting something at risk - but only ultra small amounts until consistent (2 yrs).

[@iliovininino]

Trade demo first. Then, trade real money. That's when you'll learn the real game, how to handle the pressure of winninf and losing money. That's the endgame.

[@saxz99]

I disagree. I would say, learn trading with as little money as you can because it is a completely different game when you have skin in it.

[@perficete1000]

Very few, a tiny fraction will succeed :(( like in professional boxing, chess or Olympic Games. Don’t give people false hopes, they will lose their hard earned money to market scammers. Example. You can train boxing anyone but Mike Tyson will knock out most of them pretty quickly regardless how hard they try. It’s like trying to outplay a teenage computer gamer in his favourite shooter ☝🏻☝🏻☝🏻

[@morleycable]

I agree but that's because they don't treat trading like a business, to view the time needed (and cost of mistakes) to learn. Most will give up. A bit like starting your own business working 18 hours days and sleeping in your car to get it off the ground...it's no different band agree very tough but doable with the right mindset