Not exact matches
If we approach
trading with a clear and objective
mindset, the stock market will always tell us what to do, based on the price and volume action of the leading stocks we are holding.
[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?
Most forex retail participants lose money and its usually because many approach currency
trading with a very short - term
mindset, jumping in and out of
trades every 5 or so minutes.
In fact, if you are willing to adopt the right
mindset then
trading binary options
trading can supply you
with serious career opportunities.
I think he was given freedom last year to
trade the 8 duties
with Chara and that
mindset is still
with him.
Trading, speculation, is risky, and you have to approach it from the mindset that you could lose the money you're tradin
Trading, speculation, is risky, and you have to approach it from the
mindset that you could lose the money you're
tradingtrading with.
Once you start to see that taking a longer - term approach to the markets pays off, it will begin to reinforce the positive
trading habits of patience and discipline, and then you will begin to develop the proper
trading mindset more and more, until eventually you are a trader
with positive
trading habits and the correct
trading mindset, at which point you can not be stopped from making money consistently.
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.
Making consistent money in the markets takes a clear and calm mind, and if you are preoccupied
with making money in the markets to quit your job or pay your rent, you are unlikely to have the proper
trading mindset.
This is just what I need, an explanation on not just the setups but the way to take the setups and the
mindset behind them,
with real
trade examples and detailed explanations.
Hi, Being organized running in the market
with discipline and patient equipped
with right
mindset having strong plan including money management to apply it in price action strategy in high probably
trade is what I learned Nial Running
with emotions verses logical thinking is the difficult part which this article trying to solve
Everything begins (or ends)
with your
trading mindset.
Your job is a natural distraction from over-
trading and over-analyzing the market and it can help you remain disciplined and patient in the market, in addition to providing you
with a steady flow of income, which you also need to harvest a successful
trading mindset (you can't
trade live if you're broke).
The best way to get started in
trading with an emotion - free
mindset is to only use 100 % disposable capital.
When interacting
with the market most traders become influenced by how they are feeling, it is overcoming this mistake of letting our feelings about the market influence our
trading that fosters a successful
trading mindset.
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.
You know you could lose money you've worked hard to earn, this can play havoc
with your
trading mindset.
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.
So, starting
with the foundation of a simple yet highly effective
trading strategy, is step number one to achieving and maintaining the proper
trading mindset.
Accept early on that you won't get rich quick from
trading, and you will begin
trading with a
mindset that is much more conducive to making consistent money in the market.
With a little interest, you can find a
trading system that fits your own
mindset.
A person
with a «desperate»
trading mindset, who believes that
trading is their last hope for financial success or attainting their dreams, is starting off
with the wrong attitude and outlook.
Once I have my LEAPS in place I might be more inclined to sell in the money on my covered calls
with the
mindset that if I can break even on my bad
trades and just profit on only a few of the shorter term options I'll still come out ahead.
Having the right
mindset will keep you from
trading based on emotions, and will help you cope
with the inevitable losses that you will encounter.
Therefore you need to always be on the defensive and go into every
trade with an anything - is - possible
mindset.
You should free yourself of any pre-conceived ideas of attaining fast profits, and instead focus on learning how to
trade with a profitable
trading mindset and sound
trading techniques from the outset.
It has taken me a few years and now I am aware of the importance of the essentials: trader
mindset, risk - reward / position size, risk management, money management, and a winning system that favors probabilities on the side of the trader, (win - rate
with a matching risk - reward ratio per
trade).
With an open
mindset, rather than getting frustrated about the market closing at 1.4950, you simply close out your
trade, take a small loss and move on.
Remember, developing the proper
trading mindset begins
with creating a clean and clear
trading environment.
The first step to
trading with an «80/20
mindset» is to master a simple
trading strategy like the price action strategies I teach in my
trading courses.
If you are bold enough to be honest
with yourself about this and find that you do have a problem, please try to follow the above points at least for one month and see if your
trading,
mindset, and general physical state of well - being don't improve.
A profitable Forex
trading mindset is one that is disciplined and patient, and that does not forget about the risk involved
with every
trade they take.
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.
With the right
mindset and preparation, Forex
trading can be truly rewarding.
You need to develop your
trading mindset, which will help you implement those
trades with patience and discipline — taking advantage of the edge you have over the long term.
If you do this you will surely get passed up by trader who had smaller accounts but who had a better
trading mindset and who understood the importance of
trading with consistency.
Make sure to manage your capital and spread it throughout your
trades with a rational
mindset.
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.
The issue
with most speculators and newcomers investing in the cryptocurrency market is their
mindset to aim for short - term profits by
trading cryptocurrencies they do not have strong knowledge about.
I returned home
with zero work experience, no
trade experience About 3,000 $ to my name but a determined
mindset.