Spot on. I try to evaluate my emotions during trading and suppress my bias of being bullish or bearish, but looking at the market as it is, because my emotions and bias will not help.
@MichmannFX4 ай бұрын
This channel is so underrated…This is a Goldmine for all traders 💙❤️🔥❤️🔥💙
@somtonnamani54222 жыл бұрын
Psychology in trading is underated
@jakobsundstrom73293 жыл бұрын
jeez, thats a scary thumbnail x)
@angus3963 Жыл бұрын
Great content with loads of value, new subscribers and going over some of your older content, really enjoying it!
@kensmureti63533 жыл бұрын
One week in your well prepared content... am loving it. Its not a mere pull down of many retrogressive traditions in this industry but you also bring a new perception that is liberating. Appreciates the intense research you carry out.
@Duomoinitiative3 жыл бұрын
Thanks so much Kens, I really appreciate your comment. - Nicholas
@shubhamdeshmukh49063 жыл бұрын
Sir i follow your chanel From 1 month Ago.. & Almost I saw 70℅ videos.. You explain very Deeply , & your Level of Content is very High.. No other Chanel's found me.. Like this.. You give my all Questions Answer's... Thanks a lot sir keep Sharing your valuable Knowledge with us... Thanks ...Respect From- India 🇮🇳🙏🙏❤
@hoodhommie99513 жыл бұрын
This has to be one of your greatest video. Hey what's that background beat at the end?... it's smooth
@mihaibeta3 жыл бұрын
kudos for the time invested into making this vid
@Duomoinitiative3 жыл бұрын
🔹 Get FREE access to the Duomo Trader Development Program: duomotrading.com/FreeDuomoTraining 🔹 Add us on Instagram: instagram.com/duomoinitiative/ 🔹 Our second channel for financial news and analysis: kzbin.info
@130rne2 жыл бұрын
I'm BPD and I was in DBT for a year and a half. This is the exact same psychology. Mindfulness is the basis of DBT, wise mind is a decision making process which combines the rational and the emotional. There is literally no difference. If you want to learn trading psychology, study DBT. It was created for people with BPD for when nothing else worked.
@wadimek1163 жыл бұрын
Im aspergers and Im quite new at trading. I don't really feel emotions while trading its more like a game for me so I guess it should be easier but it isn't. Im still red after dozens of trades. Usualy my long term trades are profitable but my short few h trades are losing. I got my system and stuff but Im still red depending on week. I could wait 2 weeks or something but that wouldn't count as being consistent at day trading.
@RyanGazling3 жыл бұрын
Super insightful! who knew emotions could be useful for trading. thx dude
@Duomoinitiative3 жыл бұрын
Thanks Cedric! 🙏 - Nicholas
@EinnorX5.12 жыл бұрын
Struggling trader myself, m working on my psychological aspects. Two years in and still learning….
@pierrecolin78563 жыл бұрын
Verrrrrey important vidéo !! Émotion are impossible to shut down
@papimphahlele81662 жыл бұрын
Please share the name of the artist of the background music
@111yohan2 жыл бұрын
some key points realated in the book Trading in the zone. very good
@livenletlive266 Жыл бұрын
Thanks Nicholas for this insightful video 🙏
@ashrafadel34762 жыл бұрын
Valuable content around unique trading topics. Many thanks Nicolas for sharing your experience!
@Jomoranks2543 жыл бұрын
I needed to hear this like today 😍😍
@janallengo63503 жыл бұрын
i just discovered your channel. some really great stuff
@Duomoinitiative3 жыл бұрын
Thanks a lot! Hope you’ll stick around. - Nicholas
@suhaibjubori93313 жыл бұрын
Amazing video Nicholas!!! Very informative
@jonathaneleve57183 жыл бұрын
my motivator thank you very much for your advice, I look forward to meeting you someday!
@rejuvenationpoweroffthegre64273 жыл бұрын
Thank you Nicholas, it has been a great one , actually reading some esoteric literature and have found the same findings , as what you have shear can be implemented in any situation in day to day life ....
@Magani793 жыл бұрын
Loved it! thank you so much!
@christosleftheriotis77653 жыл бұрын
Amazing presentation..great information as always..
@briant99663 жыл бұрын
thank you
@Duomoinitiative3 жыл бұрын
You’re welcome Brian! - Nicholas
@Vemrah3 жыл бұрын
this channel is amazing .... !!
@PUA-Dude3 жыл бұрын
Emotions is one thing, how about hormones
@Uborpriest3 жыл бұрын
Sleek production on this one! You really just wanna help traders eh? Thanks for continuing to pump stuff out
@keepwalking60413 жыл бұрын
i am on a huge run, 10 trades out of 10 trades, and i feel nervous as a nervous can be.. i actually subcosnciously i think i want to have a looser just to get it over with..omg, the pressure is immense, i can't stop thinking about it, i see my risk aversion increased and my reward to risk ratio drop because of it, so.. what to do in such cases, should i just deliberately fail a couple of trades and get this over with?
@Tr1Hard7772 жыл бұрын
Wait till you have 10 losers in a row.
@Rufeorufeo3 жыл бұрын
As always fantastic video , thank you 🙏
@3GsRuthless3 жыл бұрын
Amazing video. thank you
@Duomoinitiative3 жыл бұрын
Thank you! 🙏 - Nicholas
@eddyfreddy42772 жыл бұрын
What are your top 5 videos you've made?
@davewheatley2 жыл бұрын
My negative inner talk has destroyed my life.
@anthonymolloy8233 жыл бұрын
Awesome. Very interesting indeed!
@Humantrader0073 жыл бұрын
You're the best! 😎😎😎😎
@Duomoinitiative3 жыл бұрын
Thank you! 🙏 really appreciate the support - Nicholas
@boryskirp47653 жыл бұрын
One of you best videos! Working a lot with Mark Douglas his books and what you say are gems as well!
@Duomoinitiative3 жыл бұрын
Thank you Borys! Really appreciate that 🙏 - Nicholas
@danvin77163 жыл бұрын
This is the most badass content traders crave for, cheers , Love from Kenya, Africa
@Duomoinitiative3 жыл бұрын
Thank you Dan! Really appreciate it - Nicholas
@danvin77163 жыл бұрын
@@Duomoinitiative you’re a champion, you deserve all the credit, you’ve blessed many across the globe like me 🙂
@mrithun153 жыл бұрын
Can you make a video on High reward to risk ratio vs high win rate
@Duomoinitiative3 жыл бұрын
Can you elaborate a bit on what you’re looking for and we’ll see what we can do. - Nicholas
@Wrongtimeline333 жыл бұрын
I am in a very dark place living in a very toxic household I know I can trade good I take responsibility and but a lot of blame on myself but fuck. I will try to block out the bullshit but when I still literally in front of you it's hard to ignore and in back of my mind I know it's all fucked up. try to work on myself over the weekend and Monday arrive I feel balance and made good trading decision and made some money. Tuesday are arrive my parents pick an arrive with me for NO FUCKING REASON lasted for more than an hour I was in a trade that was slightly in profit and I closed it and literally watch the trade BLASTED TO TP. Feeling emotional and my week end on Tuesday I don't even remember what I did on Wednesday and this was the best week in this month I did even place more than 2 trades. BUT FUCK IT ALL I WILL STRENGHT UP BECAUSE I AM GOING COME OUT ON TOP.
@Duomoinitiative3 жыл бұрын
Very sorry to hear that. I think rather than just trying to power through, maybe you should take some time out to yourself and not thinking about work or trading, just to ease some pressure and get some feeling of stability and balance. Sometimes if you just keep working with things like that going on it can start feeling claustrophobic with the pressure and just lead to more issues and unhappiness. Often the best thing you can do is take a break to reset yourself. I’m sure you will get through this 👊 - Nicholas
@Wrongtimeline333 жыл бұрын
@@Duomoinitiative thanks man I really appreciate it didn't expected a reply and such genuine reply helps me feel less alone. Just going to meditate listen to some Bob Marley and smoke. THANKS AGAIN
@Duomoinitiative3 жыл бұрын
That sounds like a plan! Look after yourself
@kedar543 жыл бұрын
Great video
@ondrej09773 жыл бұрын
Great stuff
@Rayder4Life3 жыл бұрын
how do you have the motivation to make these videos ? it takes alot of time and effort, doesnt it take away from your trading career ?
@Duomoinitiative3 жыл бұрын
I love doing videos like this. The research project for this was mind blowing. My trading these days only takes a few hours of my day on average (some more, some less). I do many things outside of trading - I just don’t sleep! :) - Nicholas
@Rayder4Life3 жыл бұрын
@@Duomoinitiative well sleep is for the weak anyway, keep going :D
@danvin77163 жыл бұрын
@@Duomoinitiative Sharing love from Kenya, Africa,,, emotional intelligence content is the Engine and constitution of a traders performance,, thanks for the video
@3GsRuthless3 жыл бұрын
i wonder how we can practice difficult decision situations
@Duomoinitiative3 жыл бұрын
I think using a simulator can help, alternatively spending time trading with a demo account and specifically experiencing these sort of situations will get you well prepared for moving to a live account. - Nicholas
@andrecog3 жыл бұрын
Only channel where I like a video before watching because I KNOW HOW NICK GETS DOWN. 🔥
@Duomoinitiative3 жыл бұрын
Thank you sir 🙏 means a lot! - Nicholas
@frankdelbosque2443 жыл бұрын
Really Enjoyed and appreciated this video!! It was very knowledgeable and I can also relate to it as well, especially today being a red day!😡 i I have been trading for 7 months now and I’m not going back into that Big Wave again- Risk Management 👍-
@Duomoinitiative3 жыл бұрын
Thanks so much Frank! Red days will always happen, just got to see it as part of the process and focus on your long term performance. As you said, it's all about risk management! - Nicholas
@nipponia13 жыл бұрын
i am emotional too when i m trading.it s imposible to be robot :))))
@theepicpotatoe60733 жыл бұрын
It took me five minutes to get to the brainwash joke😂😂😂 my thumb is tired of trying to pause but anyway im going to continue watching the video
@Duomoinitiative3 жыл бұрын
🤣 I thought it would take longer for anyone to spot that! Well done - Nicholas
@theepicpotatoe60733 жыл бұрын
@@Duomoinitiative Awesome video with so many gems in it. This is the type of content I subscribed for haha. You’re doing a great job with these. I started trading 3 months ago and if it wasn’t for these psychology videos, I would still be revenge trading and blowing accounts. This was my first consistently profitable week thanks to having my psychology straight.
@Duomoinitiative3 жыл бұрын
Thanks buddy, much appreciated! Congrats on the great week, keep the focus
@CrystalCloudPodcast3 жыл бұрын
I fucking love you.
@armandovalencia66373 жыл бұрын
I spent around 5 min trying to watch the subliminal 😂😂😂😂😂😂😂
@marshallrauh3 жыл бұрын
It's all deepfake meta! Thats my reason for not shorting more heavily, that innate need to do what works most of the time even when you know it won't THIS time.
@nehemaialord26533 жыл бұрын
Damn is this video just for content sakes or is this legit research?
@Duomoinitiative3 жыл бұрын
Legit research. Some of the sources are in the description. - Nicholas
@jonathaneleve57183 жыл бұрын
my motivator thank you very much for your advice, I look forward to meeting you someday!