Sentences with phrase «trading mindset as»

Achieving the mental nirvana of a profitable trading mindset as described in the last list is definitely a target worth striving for, because an expert trader's mindset is a place of profitability, tranquility, and harmony.

Not exact matches

[01:10] Introduction [02:45] James welcomes Tony to the podcast [03:35] Tony's leap year birthday [04:15] Unshakeable delivers the specific facts you need to know [04:45] What James learned from Unshakeable [05:25] Most people panic when the stock market drops [05:45] Getting rid of your fear of investing [06:15] Last January was the worst opening, but it was a correction [06:45] You are losing money when you sell on corrections [06:55] Bear markets come every 5 years on average [07:10] The greatest opportunity for a millennial [07:40] Waiting for corrections to invest [08:05] Warren Buffet's advice for investors [08:55] If you miss the top 10 trading days a year... [09:25] Three different investor scenarios over a 20 year period [10:40] The best trading days come after the worst [11:45] Investing in the current world [12:05] What Clinton and Bush think of the current situation [12:45] The office is far bigger than the occupant [13:35] Information helps reduce fear [14:25] James's story of the billionaire upset over another's wealth [14:45] What money really is [15:05] The story of Adolphe Merkle [16:05] The story of Chuck Feeney [16:55] The importance of the right mindset [17:15] What fuels Tony [19:15] Find something you care about more than yourself [20:25] Make your mission to surround yourself with the right people [21:25] Suffering made Tony hungry for more [23:25] By feeding his mind, Tony found strength [24:15] Great ideas don't interrupt you, you have to pursue them [25:05] Never - ending hunger is what matters [25:25] Richard Branson is the epitome of hunger and drive [25:40] Hunger is the common denominator [26:30] What you can do starting right now [26:55] Success leaves clues [28:10] What it means to take massive action [28:30] Taking action commits you to following through [29:40] If you do nothing you'll learn nothing [30:20] There must be an emotional purpose behind what you're doing [30:40] How does Tony ignite creativity in his own life [32:00] «How is not as important as «why» [32:40] What and why unleash the psyche [33:25] Breaking the habit of focusing on «how» [35:50] Deep Practice [35:10] Your desired outcome will determine your action [36:00] The difference between «what» and «why» [37:00] Learning how to chunk and group [37:40] Don't mistake movement for achievement [38:30] Tony doesn't negotiate with his mind [39:30] Change your thoughts and change your biochemistry [40:00] The bad habit of being stressed [40:40] Beautiful and suffering states [41:50] The most important decision is to live in a beautiful state no matter what [42:40] Consciously decide to take yourself out of suffering [43:40] Focus on appreciation, joy and love [44:30] Step out of suffering and find the solution [45:00] Dealing with mercury poisoning [45:40] Tony's process for stepping out of suffering [46:10] Stop identifying with thoughts — they aren't yours [47:40] Trade your expectations for appreciation [50:00] The key to life — gratitude [51:40] What is freedom for you?

As always, our focus remains on seeking to exploit the market's short - term mindset and to buy businesses trading at a substantial discount to our assessment of their long - term intrinsic value.

When we approach trading from this mindset of being OK with losing, we put ourselves in the best position to win, as ironic as that may sound to you.

Getting your money management down is heavily dependent on having the proper trading mindset, as well as having a firm understanding of what money management actually means.

You've got to think of yourself as a risk manager and as someone who is managing funds, rather than just a small - time guy trying to get lucky; your trading mindset will directly influence your trading results.

Just as paramount as any other prerequisite for trading futures is a proper commodities futures trading psychology: one that will allow you to determine the difference between pain tolerance and denial, between responsible targets and greed, and a mindset that won't force you to keep trading when it's time to step away from the computer.

It's a fact that most traders trade way too much, and this causes them to develop a frantic and frustrated mindset as they trade, it's a vicious, self - defeating cycle that becomes worse the more you do it.

I remember the day I asked you questions on how to profit consistently, during that time I didn't have the three major requirements to succeed as a trader, I went back to the drawing board, cultivated a proper trading mindset, trading method and managed the money in the account.

Professional Forex traders all have one thing in common; they keep their trading as simple as possible because they know that they need a calm and clear mindset to make money in the market.

All mobile trading apps really do is cause traders to look more closely at the intra-day price movement as well as influence a frantic trading mindset of feeling like you «always need to be in the market», and so I feel, especially for beginning and struggling traders, mobile trading is something to be avoided if you want to increase the probabilities of making consistent money in the market.

As always, our focus remains on seeking to exploit the market's short - term mindset and to buy businesses trading at a substantial discount to our assessment of their long - term intrinsic value.

If you can implement these three things with discipline and consistency; simple trading strategy (price action analysis), money management and realistic trading expectations, you will be well on your way to developing the proper trading mindset and as a result, consistent trading success.

After that, maintaining the proper trading mindset lies in money management (controlling risk mainly, as discussed above) and managing expectations, as we discussed above.

Risking more than you are comfortable with, will «infect» all other aspects of your trading and it will start you out with the wrong mindset as soon as the trade begins.

If you don't have a Forex trading plan that details all of your actions in the market as well as your overall trading approach and strategy, you will be far more likely to operate emotionally and from a gambling mindset.

You must be willing to put in the time and effort into developing your trading mindset, as well as your trading strategies.

Learn how to control your emotions when trading and effectively develop what Bennett McDowell refers to as «the trader's mindset».

Price Action and Patience with a strategy / plan and journal are absolutely necessary to shift the mindset from recreational trader to treating trading as a business.

The point is that a good trader, who has truly mastered price action trading strategies, as well as their emotions and overall trading mindset, will trade a $ 1,000,000 account with the same skill that they would a $ 1,000 account.

To make money as a trader, you have to cultivate a mindset that is carefree yet cautious as you trade.

But, if you are using a ton of indicators, a mechanical robot trading system, or some other overly - complicated method, you should probably consider a change because these approaches will have a negative effect on your trading mindset and (or) lose effectiveness as market conditions change.

I think though my approach of not using stop losses is most suited for experienced traders, and better still, those with an investment mindset as opposed to those who want their trading account to be the source of their monthly income.

This staggering number of naïve wannabes is a reflection of a collective mindset that regards selling real estate as an easy path to much more money than has been earned previously, if not outright riches due to the potential for insider trading in real estate.