Podcasts about successful trading

How do traders generate consistent income with minimal screen time?In this interview, Backpack Trader Founder, CEO, and Trade Coach Troy Noonan breaks down how his strategy can help traders aim for $10,000 a month by spending just one hour a day. He discusses the capital requirements, risk management, and the mindset needed to succeed—plus why so many traders still struggle.Troy Noonan shares key strategies for achieving consistent, time-efficient profits in the world of trading.

หนังสือ The Universal Principles of Successful Trading: Essential Knowledge for All Traders in All Markets ของ Brent Penfold - การเทรดที่ดีที่สุดไม่มีอยู่จริง และมันจึงไม่มีสูตรสำเร็จตายตัวว่าระบบไหนดีเยี่ยมจริง ๆ ในตลาดทุน - แล้วระบบของการเทรดจึงเป็นสิ่งที่สำคัญอย่างยิ่ง ต่อให้เรามีมาตรวัดอันมากมาย แต่การใช้งานจริงก็ต้องดูบริบทร่วมด้วย - อย่าลืมสังเกตว่าเราถนัดระบบแบบใด เส้นค่าเฉลี่ยแบบหนึ่งก็เหมาะกับเรา หรือเหมาะกับตลาดหนึ่งเท่านั้น - ปัญหาของชีวิตก็คือ ไม่มีอะไรที่จะกำหนดได้อย่างถาวร ปัญหาของการเทรดก็ย่อมไม่มีอะไรเป็นอย่างนั้นตลอดไป - ความเสี่ยง 0% ไม่มีอยู่จริง อย่าเทรดแบบไม้เดียวแล้วกำไรเยอะ ๆ แต่จงเทรดอย่างไรในระยะยาวให้สามารถกำไรได้จะดีกว่า

Listen share and follow

In this eye-opening episode of Talking Shop, Luke, Pete, and Sean dive deep into trade analysis and the mathematics and psychology of successful trading. With over 45 years of combined trading experience, the hosts break down essential concepts like risk management, win ratios, and position sizing. Learn why even legendary traders like Ray Dalio and Stanley Druckenmiller don't win as many trades as you think.Key Timestamps:00:00:00 - Introduction and welcome to the new season00:02:03 - Introducing "Trade Craft" series and hosts' combined trading experience00:04:26 - Deep dive into risk vs. reward concepts00:07:13 - Important insight: "The market doesn't owe you anything"00:12:33 - Discussion of win ratios: Ray Dalio and Stanley Druckenmiller's success rates00:19:13 - Example of calculating proper trade size00:24:48 - The dangers of overleveraging and account preservation00:32:29 - Setting trading goals and measuring success00:39:15 – Key points and IG available resources00:42:40 - "Margin Call" segment: Who is the biggest loser?Find out more: https://upl.inc/talkingshop Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.  Professional clients trading spread bets and CFDs can lose more than they deposit. Options and futures are complex instruments which come with a high risk of losing money rapidly due to leverage. They're not suitable for most investors. Before you invest, you should consider whether you understand how options and futures work, the risks of trading these instruments and whether you can afford to lose more than your original investment. Your capital may be at risk.

The 3 most important elements of successful trading & a handful of others close to making the medal stand. Please remember to leave this podcast a rating and a review. Your Trading Coach - Akil --- Support this podcast: https://podcasters.spotify.com/pod/show/thetradingcoachpodcast/support

Click here to register for my FREE Masterclass: https://autc.pro/TSSeng-pod?utm_source=spreaker&utm_medium=poden&utm_content=395&sl=spreaker-poden-395

Title: ⏰ Synergy Traders #50: Building Successful Trading Strategies with Toni Hansen of ToniHansen.com   Recorded on as part of the Synergy Traders #50: "5th Annual Women Teach Trading And Investing 2024 Conference" hosted by TradeOutLoud and TimingResearch.   The full event archive is available here: https://timingresearch.com/st50-archive/   Bonus... ⚡ eBook: "9 Experts' Favorite Indicators" https://timingresearch.com/LR4POD   Terms and Policies: https://timingresearch.com/policies/  

Dan and Corey begin the show by discussing evidence that we're still in a bear market. They bring up equal-weight indexes fizzling out since December, the now "Magnificent Six" tech stocks still dominating, and the possibility of a decade long sideways market.  After, contrarian trader Jason Shapiro of digital publishing company Crowded Market Report joins the conversation and gives an overview of his trading style, his financial journey, and how his strategy differs from many other traders'. While others are looking to ride the trend, Jason explains that he's looking to "fade" it and find when the trend will turn. When speaking specifically about putting the risk-reward ratio in his favor over time, he says the discounting mechanism in the market is not price – it's participation. This segues into a discussion about how Jason's process works. He gives advice to individual investors who are just starting out, including warning of the dangers of following trends and "copy trading." He also details how trading goes against human nature. Then, Jason discusses automation in his field of work – when he uses it and when he ignores its advice – and provides some examples of his strategy in action. He emphasizes that market confirmation should always come first Lastly, Jason explains why he's so adamant about sharing his approaches and techniques with everyday investors that they can't find in traditional financial media. And you won't want to miss Jason's answer to the final question... He shares what he believes is the real secret behind making money in the markets.

Dan and Corey begin the show by discussing evidence that we're still in a bear market. They bring up equal-weight indexes fizzling out since December, the now "Magnificent Six" tech stocks still dominating, and the possibility of a decade long sideways market.  After, contrarian trader Jason Shapiro of digital publishing company Crowded Market Report joins the conversation and gives an overview of his trading style, his financial journey, and how his strategy differs from many other traders'. While others are looking to ride the trend, Jason explains that he's looking to "fade" it and find when the trend will turn. When speaking specifically about putting the risk-reward ratio in his favor over time, he says the discounting mechanism in the market is not price – it's participation. This segues into a discussion about how Jason's process works. He gives advice to individual investors who are just starting out, including warning of the dangers of following trends and "copy trading." He also details how trading goes against human nature. Then, Jason discusses automation in his field of work – when he uses it and when he ignores its advice – and provides some examples of his strategy in action. He emphasizes that market confirmation should always come first Lastly, Jason explains why he's so adamant about sharing his approaches and techniques with everyday investors that they can't find in traditional financial media. And you won't want to miss Jason's answer to the final question... He shares what he believes is the real secret behind making money in the markets.

This is Danny Nathani, Chief Brand Officer at Sharekhan, with over 15 years of experience working in both, Brand Planning and Account Management across businesses and industries, he shares business and marketing insights never shared before. He is one of the few who has done both account management and brand planning roles in his agency tenure. For the past 6 years he has been heading the brand at Sharekhan and is proud to have rolled out a new campaign called #TohMarketMeinMatAa A guy who believes that building a brand is the best moat any business can have - is here to chat with us about his campaign and all his views on marketing in today's hyper messaging-volume era. In this episode he shares remarkable marketing and branding advice that entrepreneurs can follow and achieve great success. Hope you like the conversation just as much as we did. Leave us a like, subscribe to the channel, and comment who we should bring next. __ In this episode: Intro // 00:00 Impact of Content Creators in Finance // 1:35 Marketing Challenges and Compliance // 4:05 Sherkhan's Core Values and History // 7:13 Experimentation in Marketing //11:03 The Truth Campaign // 12:07 Influencer Engagement and Campaign Intent // 14:07 Hard-Hitting Approach and Brand Perception // 15:01 Customer Reception and Comments // 17:21 Market Penetration and User Behavior // 18:21 Factors for Successful Trading //26:54 Personal Background and Work History of Danny // 30:00 Danny's Early Career and Learning // 31:27 Decision to Enter Marketing // 36:11 Marketing Career and Brand Building // 40:28 Changes in Marketing Over Time // 42:26 Avoiding Mistakes in Marketing // 43:00 Understanding Truth and Self-Reflection // 43:47 Disruption in Advertising Agencies // 45:02 Importance of Depth in Agency Models // 48:09 Campaign Planning and Execution // 49:00 Transactional vs. Emotional Campaigns // 49:14 Consideration of Media Budgets // 50:35 Relatability of Stories in Advertising // 51:15 Depth in Understanding Products // 51:48 Innovate advertising approaches // 52:23 Investment Strategies and Stock Management // 54:11 Innovation in Product Launch // 55:10 Brand Campaign challenges // 56:04 Creative Design and Media Strategy // 57:13 Importance of decision-making in Marketing // 58:15 Data vs. Gut // 1:03:59 Media Strategy for Campaigns // 1:04:39 Analyzing Brand Campaigns // 1:06:25 Impact of Brand Campaign on Audience Perception // 1:09:30 Future of Sher Khan // 1:10:30 Addressing Casual Traders // 1:12:22 Market Education for Newcomers // 1:13:26 Closing Remarks // 1:14:41 __ // Let's Connect If you're the Instagram type, https://instagram.com/storieswithrusty If you're the Twitter type, https://twitter.com/rustystories __ // Let's Connect If you're the Instagram type, https://instagram.com/storieswithrusty If you're the Twitter type, https://twitter.com/rustystories

Welcome to The Day Trading Show. This podcast is hosted by Austin Silver and powered by ASFX. We bring you conversations with the best traders of our generation. No rented Lambos or fake Rolexs will be found here. Grab your indulgence of choice and enjoy a conversation focused on making money in markets, trading psychology, and becoming the best trader you can be! This is the best podcast in the world for day traders so make sure you're subscribed! Today's special guest is Ben Sparham! Ben is an active trader and investor who is here to share EVERYTHING! From his personal stock portfolios to his short-term trading strategies, Ben breaks it all down for us in this episode! Ben is an expert in Stocks and FX, not a huge fan of crypto, and he provides an insightful newsletter through Substack! Traders of any market are sure to enjoy this conversation! Follow Ben: https://twitter.com/bensparham_ --------------------------------------------------------- Sponsor: BlackShirtClub More info on ASFX Trading Mentorship: https://asfx.biz/bsc/ --------------------------------------------------------- Sponsor: Tradezella Save 10% on Tradezella using code 'ASFX10' - https://www.tradezella.com/?via=asfx --------------------------------------------------------- More info on Trading Mentorship - https://asfx.biz/bsc Take the ASFX courses and see an instant improvement in your trading -- https://asfx.biz/education Stay Connected With Our Weekly Newsletter — https://asfx.biz/subscribe/ Connect With Austin: https://www.instagram.com/austinsilverfx https://www.twitter.com/austinsilverfx https://www.facebook.com/austinsilverfx

"The Universal Principles of Successful Trading" by Brent Penfold is an essential guide for traders seeking to navigate the complex world of financial markets. The book delivers insightful wisdom into the art of trading by establishing the probability matrix concept and emphasizing the importance of a well-crafted trading plan. Penfold offers invaluable strategies for risk and money management, underscoring the preservation of trading capital and control of risk as keys to longevity in trading. With practical advice and timeless principles, this book equips readers with the tools and mindset needed to develop a prosperous trading career.

In an engaging episode of the Boosting Your Financial IQ podcast, esteemed host Steve Coughran engages in a thought-provoking conversation with Tony Greer, Editor of the Morning Navigator, focusing on the intriguing subject of "Successful Trading." Together, they delve into key aspects of the trading world and explore the reasons behind the staggering statistic that 97 percent of traders are not profitable. Additionally, they shed light on the technology required to embark on a trading journey in financial assets, outlining the essential steps to get started. The episode also provides valuable insights on how to achieve success in trading stocks and other financial assets. Join Steve Coughran and Tony Greer for a captivating discussion that demystifies the realm of trading and empowers listeners with essential knowledge and strategies for financial success.Helpful links:Join the Strategic Financial Mastery programJoin Our Free CommunityTrain your team with an on-site workshopDisclaimer:BYFIQ, LLC is a wholly owned entity of Coltivar Group, LLC. The views expressed here are those of the individual Coltivar Group, LLC (“Coltivar”) personnel quoted and are not the views of Coltivar or its affiliates. Certain information contained in here has been obtained from third-party sources. While taken from sources believed to be reliable, Coltivar has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation.This content is provided for informational purposes only, and should not be relied upon as legal, business, investment, or tax advice. You should consult your own advisers as to those matters. References to any securities or digital assets are for illustrative purposes only, and do not constitute an investment recommendation or offer to provide investment advisory services. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendations. The Company is not affiliated with, nor does it receive compensation from, any specific security. Please see https://www.byfiq.com/terms-and-privacy-policy for additional important information.Support the show

Do you want to gain a comprehensive understanding of trading and make well-informed investment decisions? Wondering how you can achieve this desired outcome? It's time to break free from the cycle of ineffective actions that only lead to more pain and uncertainty. Let's embark on a journey of knowledge and guidance, where you can gain valuable insights into trading and investing to make informed decisions and achieve the financial success you desire.Join us on Average Joe Finances as our guest Anmol Singh shares the secrets of trading success and how to make wise investment choices.In this episode:Gain valuable insights into trading and investing strategies to make informed investment decisions.Learn how to maintain emotional control in trading to avoid making impulsive and costly mistakes.Understand the importance of mindset in finance and how it can contribute to your financial success.Explore the potential risks and rewards of cryptocurrency investment and make educated decisions in this market.And so much more!Key Moments:00:01:04 - Anmol Singh's Background00:02:03 - Start of Investing00:05:22 - Thoughts on Trading00:11:10 - The Importance of Education and Understanding the Market00:12:35 - Finding Your Trading Style and Mentor00:14:09 - Technical Analysis for Trading00:15:45 - Trading as a Psychological Journey00:18:58 - Understanding Emotions in Trading00:22:10 - Managing Emotions in Trading00:23:47 - Definition of Success00:26:41 - Well-Rounded Success00:27:01 - Trading Crypto00:29:39 - Bitcoin's Future00:33:47 - Getting Started in Investing00:35:15 - Making Money Work for You00:36:39 - The Power of Mindset Find Anmol Singh on:Website: https://livetraders.com/IG: https://www.instagram.com/deltaninety/Twitter: https://twitter.com/DeltaNinetyBook: http://preppingforsuccess.com/bookAverage Joe Finances®All of our social media links and more: https://averagejoefinances.com/linksAbout Mike: https://mikecavaggioni.comShow Notes add-on continued here: https://averagejoefinances.com/show-notes/*DISCLAIMER* https://averagejoefinances.com/disclaimerSee our full episode transcripts here: https://podcast.averagejoefinances.com/episodesSupport the show

Join trading expert Jason Graystone and I as we explore the most critical traits of a successful trader, share personal insights shaped by upbringing, and discuss the obstacles that hinder trading success. Discover strategies to manage emotions and remain composed, and learn who's likely to thrive in the trading world and who might struggle. But that's not all – we'll also explore the profound impact of physical fitness on decision-making and stress management. Jason will reveal his fitness routine, motivation strategies, and how exercise enhances his lifestyle. You'll gain valuable advice on combining physical fitness with trading and investing for a holistic approach to success. Furthermore, we'll explore the potential of big data. Discover how big data can sharpen your trading mindset, inform trading decisions, and revolutionize risk and portfolio management. We'll also delve into the ways big data can optimize your physical fitness journey, from effective exercise programs to informed food choices. Don't miss this unique opportunity to gain insights at the intersection of trading, mindset, and physical fitness. Follow Jason on the following platforms: https://twitter.com/JasonGraystone https://www.instagram.com/j_graystone/ https://www.youtube.com/@JasonGraystonehttps://open.spotify.com/show/54OqjZv... Follow Mike on the following platforms: Follow us on: Rumble: ⁠⁠⁠https://rumble.com/user/marawealth⁠⁠⁠ YouTube: https://www.youtube.com/marawealth Instagram ⁠⁠⁠https://www.instagram.com/michaelglamothe Facebook: ⁠⁠⁠https://www.facebook.com/MaraWealth⁠⁠ Twitter: ⁠⁠⁠https://twitter.com/MichaelGLamothe⁠⁠ LinkedIN: ⁠⁠⁠https://www.linkedin.com/in/michaelglamothe

Why Sell a Successful Trading Strategy?  Podcast: Signup For my Forex Masterclass Find out more about Blueberry Markets – Click Here Find out more about my Online Video Forex Course Book a Call with Andrew or one of his team now #522: Why Sell a Successful Trading Strategy? In this video: 00:30 – Why would you sell your trading strategy?   01:10 – How I started 02:25 – Teaching the strategy 03:40 – The number of clients expands   04:10 – The start of the TFTC community of traders 05:28 – Teaching clients for a broker 06:47 – Helping like-minded people worldwide 08:30 – Blueberry Markets 08:45 – Book a call with me and my team - https://theforextradingcoach.com/call If a trading system is so good, why would the developer of that trading system wish to sell it and share it with other people? Let me answer that question for you and more right now. Hey there, Forex Traders! Andrew Mitchem here, the owner of the Forex Trading Coach with video and podcast number 522. Why would you sell your trading strategy?   Now received an email this morning from a trader for John over in the UK. They said, Andrew, I need to ask you this question. It's the the obvious question to ask and it's like if you're so good at trading and if your system is so good. Why do you need to sell it to people? And it's quite a, you know, an obvious question. And so what I'd like to do on today's video and podcast is to give you a bit of detail and background about the Forex Trading Coach and my trading. To help you to understand where we've grown over the years, where we are today, and why we do what we do. How I started So I've been trading for just around 20 years now and back in around 2007 I ended up being the top trader on an auto trade company. Back in the early, early days of trading where you could buy signals off people. And I won the competition, won the global competition. I had a system that worked really well and it topped everybody. There were hundreds and hundreds of traders even back then. And so back then, people could follow along. Had no idea who you were, but they could follow along and buy off that company. Now, that was okay, but I thought, okay, I've come and won this. So what I ended up doing is creating a very basic signal system. Back in the early days, you know, websites were very basic. There was PayPal and nothing else. And then what I ended up doing is I ended up developing an email each day that went out and it was like, buy here, stop loss, their profit target there. And people would pay a monthly subscription for that. And it went really well. Teaching the strategy And I got to a brand end of 2008, early 2009. And then I received an email from one particular subscriber who lives over in Noosa, in Australia. And he said to me, Andrew, I'm really enjoying your signals. They're doing well. I'm making really good money from it. But more importantly, I'd love you to come and teach me how you do what you do. So rather than just relying on your email each day, I can find out how to do this for myself because ultimately I could get hit by a bus, you know, no more Andrew and this guy went from making a lot of money to suddenly no emails, and that was it. So he wanted to develop that information, that knowledge education for himself, which is fair enough. So I put together the course into like a word document, took it down the road to the printers and say how you make this into a real nice, colorful page doc in a booklet for me. And that's what we did. It was really was as as basic as that went across to Australia, took a back up flash drive in case I lost everything and I spent three or four days with this guy. He's still a client to this day. And with him and his family teaching him how to trade it was really enjoyable to discuss trading in person with someone. So that was the very first client. The number of clients expands  

Why don't most people who try trading succeed at it? You probably heard the numbers 90, 95, somewhere around there percent of people fail at trading, then they give up and they leave and they lose their money, right? So we have at least for me, what am I methods are one of my missions in life is to help people get over that problem. And we have to make it as simple as possible. But I have noticed that there are four pillars that everybody needs. Four things that you need to be successful. All right, so let's go ahead and get into it. The thing is that it doesn't have to be just about trading, you need these four pillars and just about anything in life. And so if you have ever succeeded at something, right? You have probably already attained these four pillars, or you've used them somehow, some way, and you already know what they are. But when it comes to trading, for some reason, we think it's totally different. Things is, if it gets unique. I don't especially, I don't know what it is, but we kind of forget what the pillars are. So let's go through them and talk about how they directly relate to trading. Now, there are four pillars, right, these are the four things that you need. Two of them are completely mandatory, meaning without these you will not succeed, there's no way ever, the other two are not mandatory, but they help a lot. And they speed up the process. And they make it a lot faster, they make it a lot easier, they make it a lot more fun, and they make it a lot more profitable. Okay, so what normally takes people years, without, if you only had the first two, it could take you years and years to be successful at trading, when you have all four, it could be in a lot less time. Now look, you cannot succeed without the pillars. But even with the pillars, it does not guarantee you will succeed because it's still trading. And there are still other things that are more related to you, versus the things that everybody can have, if that makes sense. Okay, there are some limitations that every single person has, there might be something that's stopping you personally from achieving success. But these are the four things that I can say that everybody needs to have in order to succeed. Now look, when you start trading, you start on the ground, right, you're on the ground floor, you don't know anything, you don't know what you don't know, that's one thing. And you want to get on top, you want to get on top of the markets, you want to get on top of your finances, you want to get just achieve, right? And so you need support. You need the four pillars 1234 pillars, again, with two of them, you can get by, right? You might have a gap in the middle, you have one on one side or on the other side, and the gap in the middle will be sagging, kind of, but it can still survive with only one you're gonna fall off. And there's no way you're gonna stand up with three you might get there with four you definitely most likely will. So what are they? Number one, this strategy? This is pillar number one, this is the strategy. This is where most traders start. This is what they want to know first, like what do I do what to do? This is knowing what to do. And so if you are a passive trader, that means you know, covered call one strategy naked put credit spread, strangles, straddles, iron condors, diagonals, ratios, back spread, there are so many of them, right? There are so many strategies out there. Most traders, they grab the first strategy they see, and they try to make it work. But that is the wrong way to do it. The problem is not all strategies work for all people. Now you can say you know what, I'm going to learn every single strategy. And I'm going to master all of them. And I'm gonna get really good at all of them. Could be, but they're not just these few strategies. There are lots of other strategies out there as day trading. There's real estate, there's crypto, there's swing trade, there are all kinds of different strategies, and there's no way you are going to be an expert at all of them. And no way should you want to be an expert on all of them. Because that's not how success happens. Success happens when you focus. All right? So for example, buy and hold is a strategy. And it works. If you have 40 to 50 years. It's true, right? The stock market and the indexes, especially the indexes, they are created in a way that over time they are going to go up. That's just the way they work. That's the way they're created. Because they keep taking out the bad stocks that are holding the index down and they replace them with stocks that are jumping, right? So over time, it's going to continue to increase but it's going to take you 40-50 years to actually make any decent amount of money on it and be able to retire probably. If not, if that doesn't work for you right, 40 to 50 years, then this is not a strategy that will work for you. If you want to wait, that's fine, do it, it's great. You know, success is almost guaranteed. If that's not a thing, 40-50 years, then you need to find a different strategy. So step one, is you have to find a strategy that works for you. Okay, it has to match your risk appetite. What do you mean by that? Well, some people are more conservative than others. Some people like to go in 100% on one trade, some people like to put in 1% on one trade, right, they just like I'm gonna dip my toe in. So the aggressiveness or the conservative of the strategy has to be tailored to you, depending on how you feel and how you are, if you are very risk adverse, you don't like gambling, then day trading, not going to work for you, right? If you are a gambler, or like a big time gambler, and you need excitement, excitement, excitement, passive trading, where you're doing trades that are very boring, you know, they work but they're very boring, might not be for you. Right, you might have to shift over to something, even though you might agree with the passive trading philosophy, you might have to shift to something a little bit more frequent. So you have to change the strategy. Account Balance also is a big deal. You know, how much money do you have to play with as your account grows, your strategy can grow or you can add to it, to change your strategy, hedge it, etc. Discipline, how disciplined you are? This is another one. Passive trading works for me because I'm not that disciplined. Right? And so it works for me, because even if I get the trade wrong, I can still win. Okay, experience. There are some strategies that are for people that have a lot of experience. Iron condor, probably not the first strategy I would recommend for somebody, right? It's like, hey, why don't you sell some spreads first, you know, sell, sell one spread, then you can do the condor. Once you understand the basics, that kind of thing, time devoted, how much time do you want to spend on your trading, you wanna sit there all day long? Well, then yeah, more active style is for you, you want to spend a few minutes a day like we do, then a little bit more passive, definitely more passive is going to work for you. What are your goals? How much are you trying to accomplish? Do you want to triple your money every year? Well, then you have to do one strategy. I don't know if there's any strategy out there like that, that can continuously do that every single year. But if you are, if that's your goal, then you have to be a lot more aggressive and that'll dictate what strategy you choose. If you're okay with 20%, you know, 10% 5% a year strategies, definitely totally different. And the time to result? How fast do you want your result? Right? Are you willing to wait several years, then your strategy can be different. If you want it right away, strategy is going to be definitely different. So these are the different things that have to mesh your strategy has to mesh with you because if it doesn't, then it's going to cause internal problems. It's going to cause psychological issues with you, and you're going to make mistakes, you're not going to follow the plan, you're not going to do it properly, you're not going to follow the strategy properly, and it's going to lead to losses. All of this stuff has to match. Step number two, you have to verify and be sure the strategy actually works. What? Really? It has to work? Yes, it has to work. And not all strategies work. No, not all strategies work. I'm sorry to tell you that. Right? You have to do some research. Like how many people are doing it? Are they having success? How long has it been around? If it's a strategy that just popped up two months ago? I ya know, sorry? No, no way. I want a strategy. If I want to do something, I want a strategy that has at least two years worth of real money results. And people have approached me and they said, You know, I want to trade for a hedge fund, I have a great strategy is working really awesome. I'm like, Okay, how long have you been doing it? And then they go quiet. Well, I back tested it. No, that's not that's not real money. That's not real trading. You know, and then there was another guy that I had been doing for six months, and I've had all these wins. I'm like, That's great. When you get to two years, give me a call. After you've been trading for two years plus with real money, then I'll talk to you about maybe investing my money with you, or letting you trade for our fund. Not until that. Okay? Is the strategy very simple? Or is it complicated? The more complicated it is, the more room for error, the more experience you're going to need, the more time it's going to take to make sure everything is I's dotted T's crossed. Right. Where did you hear about this strategy? Did you hear it about at some random post on some crazy website? Or was it actually like a legit trader, right? Who did you hear from? Who's the source of this strategy? Somebody that you know is actually making money from it? Right? Or, again, some random stranger on a Facebook post or something? Do they have any proof of this strategy? Does it work? These are all the things you have to look into and verify and make sure. Now the strategies that we've been teaching are passive trading. The only way we teach them is if we've done them ourselves with real money for a long period of time, right? There are lots of strategies and new strategies are introduced every day. I mean, they're the same, but they're little tweaks and they come up with different names and blah, blah, blah, well, if we haven't done them for ourselves with real money and tested them in different markets, we don't teach them. That's it. It is like, Hey, I'm not going to experiment with you, I'm going to experiment with my own money. And then I'll tell you what works. That's my job, right? That's why I'm here to tell you what works, what doesn't work, there are more than a million ways to trade, you only need one, you only need one strategy as long as it works. And it has to work for you. Right, this is where most traders mess up, they choose a strategy that is too difficult for them, or does not match their personality. And then they never master it. So they might have wins, but then they give up losses, and they have a big loss. They might do well for a little bit, but then the market changes. They don't understand why, what happened. But eventually they give up and they quit. So that's it. That's number one. pillar number two, is what I call the trading plan. This is the how to implement the what the strategy, right, this is how you do the trade. So let's say you decided, hey, I'm going to do covered calls. That's great. That's a strategy. You know, it works. You know, lots of people are doing it. I mean, here, you know, Warren Buffett says he's been doing it with billions of dollars. Okay, that's pretty good. I think that's, that's proof that it works. But we don't know how he does it. Right? That's the trading plan. How does he do the covered call? Does he sell at the money options? Does he sell out of the money options? Does he sell in the money options? Does he do weeklies, does he do 30 days expiration? Do they do a 180 days expiration? Does he look for 2% a month, 5% a month? I don't know, that's all part of the trading plan. That's what you have to find or come up with and test. So a good plan will incorporate all of these steps. This is how we identify what we're going to trade the underlying security. This is how we're going to know that it's a good time to place the trade, right? Like our setup, this is the actual trade that we're going to place the strategy. If it's a covered call, then which options are we going to trade on that strategy? What timeframe? What is our return our goal, all of this stuff, these are the steps one by one by one, you have to do this, okay, first you do this, then you do this, then you do this. That's all part of the plan. Now, also, as part of the plan is the timing. When do you get into the trade? When do you get out of the trade? What are you looking for? What do you're not looking for risk management? What happens if the trade goes bad? What happens if the market changes? You have to know in advance this should and has to be part of your plan? You cannot go into a trade without knowing what you're going to do if it goes bad. And it can't be well figured out? No, you got to know in advance. Otherwise, it's not a good plan. Your asset allocation? How much money do I put into every trade? That's a very big component of it. Right? It's part of being safe. And your goals? What is your ROI? You have to know how much money can I make on this trade? Is it good enough? Is it going to help me get to my goals? Does it have to be perfect? In order for me to get to my goal, then that's not a good enough ROI, right? Or is it too much? What are you aiming for? So there are millions of trading plans out there. Most of them suck. And if they did not suck, then there would be everybody was making money, right? a trading plan must be complete. And it must be time tested with real money. It should be working in up markets down markets, sideways markets, high volatility markets, low volatility markets, bear markets, bull markets, all of the above everything and anything. I want plans that have stood the test of time. Right? Maybe they don't work in a crazy scenario, like a great recession that we had in 2008 2009 maybe doesn't work then fine, put on the sideline for a little bit. But most of the time, 90% of the time I want this thing to work otherwise I can't rely on it. Because I can't guess if it's gonna work or not. I wanted to be able to work right? Most of the strategies that we trade they just work that's it. Because they are set up to work in all the different markets. Now most strategies are tailored for bull markets. That's most of them are like that. You know the even the covered call the naked put these are bullish strategies. So when the market is going up, they make money and everybody's a genius. Anybody can make money in a bull market. All right. And most plans work in bull markets, right. But they gave back all of it back when the market shifts. So if the market changes, this bull market, you know, plan is not going to work anymore. Now I look for plans that have worked for at least 10 years. I want to I want a 10 year plan. I know I told those guys two years, but I want at least a 10 year, if I'm going to be trading it consistently, I want a 10 year plan. And I want to know it with real money, no back testing. Okay, that's what I'm looking for. Now, when the market shifts, it happens at a time that most play market traders at home traders, they don't even realize they don't know. It's like, oh, the market shifted, market changed. Okay, what do I do now? What do they do, they keep doing the same strategy. So when there was a bull market, they were doing this strategy, and they were putting on trades, and it was working, he knows where he is where he's working. So now they're like, I don't know, they're addicted. They're in habitual, whatever it is. But then the market shifts, and they don't anything to do, they don't know what to do. So they keep doing the same thing. Even though it's not working, even though they lose money, or lose money again, and again and again. And they're like, oh, man, this trading thing doesn't work. Yeah, because you're using the wrong plan in the wrong market. Okay, so they just run out of money and quit. That's it. Sorry. Remember, a good plan works in a bull market, or a bear market. That's a good plan, you know, a great plan works in all markets. And if you have a great plan, then you only need one plan, because they're gonna work in all the markets. There might be some times from time to time that you're like, hey, you know what, yeah, this thing is getting a little bit crazy for me, I'm gonna take, I'm gonna step to the sidelines. You know, that's, that's how you also save a lot of money. That's all how you stay in the game. By not taking excess risk, the market gets too crazy, you get on the sidelines, that should be part of your plan to when to be trading, when not to be trading, that has to be part of your plan. Okay, so once you have a great plan, you match that with a strategy that you enjoy. And you can be successful, right? It's not that hard. But how long will it take to choose a strategy, find a plan and then test the plan with real money. It normally takes years and years and years. And that's why pillars three and four are essential. Okay? Because remember, you got to have one, and you got to have two, you got to have a strategy, you got to have a plan that works With that alone, you can go and be a good trader. But if you have pillars, three and four, it just almost cuts that time in into a fraction of what it would normally take, which is usually. Okay, so let's go to pillar three. Pillar three is the guide, or the coach, the guide is the is essential to your journey, your trading journey. If you look at any of your favorite movies, what happened in your movies? Well, they had a hero or heroine, and they had a problem. And then they had a guide, or a teacher. Right? It was a guide character, a mentor, whose role it was to help the hero or the heroine. Make sense? Right? Think about it. You can have Luke, you can have Frodo you can have Rambo, Neo Batman, Lightning McQueen. You know, even the cartoons, they need coaches. Right? They need mentors. Okay, so think back to when you were younger on a sports team? Or if you didn't play sports when you were younger. Think about any sports team for little kids. Okay? Did they ever just like, Hey, kids come together? Here's the ball, go figure it out. No, every team has a coach. Hopefully the coach knows what they're doing. They know the rules they've played before they played currently. And the better. The more excited the coaches. The more interested the more into it the coach is, the better the team does, right? Yet when it comes to trading. We all think we can do it on our own. Ah, yeah. All right. I'm just gonna open an account. Put some money in it. Press these buttons. I'm gonna be a billionaire. Yeah, I love the idea. I will hear that. Oh, easy, but it's not. Right. Now. Look, if you go to Wall Street, and you get a job, any firm any trading firm out there, right? Are they gonna like oh, hey, welcome first day. Yeah, yeah, okay, you're gonna have a lot of fun today. Here. Here's a bunch of money. Go figure it out. No, right. I got a good look for it. Make some money. Come back to us. Let me know how you do. No, they're not gonna do that. You know, they're gonna teach you. They're gonna assign you a mentor who is then responsible for you if you screw up it is on his head. Right? He's responsible, he's gonna make sure he's watching you like a hawk, make sure you don't lose the firm's money. And he's gonna teach you what to do and what not to do. And guess what, he's got a mentor. And then they got a mentor, and they got a mentor, and he goes all the way up the line. There's nobody on Wall Street that does not have somebody on top of them, coaching them and mentoring them. So why do at home traders, retail traders? What do they think they can skip this pillar? It's perplexed me for the longest time. I mean, I was there, right in that shoes. And I think maybe it's just because it's more sexy. You know, it sounds better. That Hey, I did it on my own. I didn't need anybody. Right? We go into trading for mainly the same reason. We want to make more money. Right? That's where you go to trading. And what are you gonna do with the money? The most common thing I get is I want more freedom. I don't want anybody telling me what to do. I won't be able to do what I want when I want. And we talked about the three freedoms. Right? That's great. So that is counterintuitive to what it takes to be successful. Because yes, you don't want anybody tells you what to do. But you need somebody to tell you what to do. Because otherwise you don't know what to do. And then you lose the money. Does that make sense? So it's like, we want one thing, but we actually need the opposite. So we have to put our ego on the side, and take the sexy part out of it would be like, You know what? I'm gonna be okay. If I don't do it on my own, you know, because when you go to the bank, and you deposit money, they don't ask you like, Oh, hey, did you make this money on your own? Was it really hard to make this money? Did you blood, sweat, and tears suffering to make this money, if you do this, awesome, we'll take it, we'll deposit the money. But if you made it easy, like if you had a guide, and that guide, told you what to do, and you just did it, well, we're not gonna take your money, because your money is not good. Are they  banks are gonna do that, no banks are not gonna do that. No way, no bank will be doing that the bank don't care, right, you got to buy a car, they don't care how you got the money, they just want the money. So the easy path is to get the mentor to tell you what to do. And then when you make enough money, and you learn the skill, you don't need that mentor anymore than you don't need him. And then he can't tell you what to do anymore, you fire him, right? Or you find another mentor. That's how it works, you move to the next level, and you find somebody at the next level to give you more mentoring, the mentoring never stops, to be honest, never stops. Okay? If you want to do it yourself, you might be able to, eventually, after many, many years of trial and error, and many, many 1000s and losses. It's true. I mean, I understand, because I skipped most of this pillar when I was starting out. And I mean, it took me over 10 years, 10 years, to get to the point where I can get to my I can get my students, I can get to them in one year. So what it took me to learn in 10 years, I can get my students to that same point in one year or less. Because I've been through the potholes and the potholes. And I know the mistakes and I know what they're thinking, I know what they're doing certain things, right. And I can tell them, hey, don't do that. Or hey, watch out for that. A check this out. Right? And if they listen, then yes, they will get there much, much, much, much faster. But then when I was starting out, I thought that I didn't have the money. I can't afford a mentor, man, these coaches are expensive. I don't have the money for that. I lost a lot more mistakes, than it would have cost me to have 10 mentors. I gotta hire lots of mentors, with the money that I lost. Okay, so a, you know, I'm your mentor right here. You're listening to this, I'm coaching you, I'm coaching you on this, find somebody that knows what they're doing. Find somebody that's doing what you want to be doing, having the success you want to have, and learn from them. Alright, that is pillar number three. Time goes by too fast. Right? We think oh, man, I'm still young. I don't have to retire for another five years, or they're retired on the 10 years. Oh, I got money. I got fine. I got time. You do? You do? You probably have time. And like if you listen to any my other episodes, you can probably say that you know what? We're gonna live longer and longer longer. So you have plenty of time, maybe. But still goes by too fast. He goes, we don't know. I mean, you'd be gone in a blink of an eye. But even if you have all the time in the world, wouldn't you rather have the rewards now? Then five years from now? 10 years from now? Right? Wouldn't you want to have the life you desire now? And if you have to listen to somebody, heaven forbid, the guy knows what he's talking about. You listen, and you get the results now and you don't make all the mistakes. It makes sense. I hope so. So save your time, save yourself the agony, get yourself a mentor, there is no glory in figuring out on your own. All right, let's go to pillar number four, the community. So I recently attended a fund managers conference, where Jim Rogers was one of the speakers. Now, Jim Rogers is a co founder of a quantum fund. That's what it's called. And he's made several billions of dollars over the years. So he made billions and then he quit. And he went and traveled around the world did all these things, investing on his own money. And while he was speaking, he was telling us, you know, I think this is going to happen. The mark indicates I'm investing here, I'm missing here. But he made like a off the cuff remark, like a really, you know, just like a throwaway thing. He said that when he started, and he was talking about how old he is. But he said, when we when he started the quantum fund with George Soros, there were only four or five hedge funds at the time in New York. Right? I mean, the hedge fund was still a new concept, and there were only a few of them, and that they would all be able to go out to dinner. He's like, Oh, yeah, all those fit in one dining room. And he just started, how about some news? Did you catch what he just said, all the hedge fund managers, the guys that will be competing with each other, the guys that are trying to get better returns than each other up each other, get the, you know, they want to get the all the investor money for themselves. They would hang out at night, and go to dinner, and talk shop, they would share their ideas, and they will share their trait. If you read some of the books that these guys have written other hedge fund managers or mutual mutual fund managers, you can see that they actually do this. In New York, they get together, they share ideas, they talk to each other. Right. And if you think about it, go back to any book on Wall Street. Any book that you might have or read in the past, if it's about Wall Street and how it works. You'll see a similar vein. So there's the book, The Big Short, anything from that that's a more recent one, right? All the way to go back in time. One of my favorites is reminiscence of a stock operator by Jesse Livermore. He was one of the greatest traders day traders. plungers is what he called it of all time. And they all do the same thing. They would get together, they would talk to each other, they would share ideas. And whenever they need information, they just call up their friend at another firm. Right? They all work together. Because these guys they go from company to company to company anyway, so they make friends with each other, or they've gone to school with each other. So they know each other. Right? Oh, hey, hey, did you see the stocks going up? What's going on? Oh, I heard this and this and this crazy. Oh, man. Okay. Hey, if you hear anything else, let me know. Okay, cool. So then they gotta tell somebody, Hey, I just heard this news. Oh, yeah. No, no, that's not happening. This is happening. Oh, really? Okay, cool. I'll call you back. And he goes, Hey, this isn't happening. That's how they make money. They share the information. Now, is this legal? I don't know. As long as it's not insider information. It's perfectly legal, right?  They also hire people, and computers and whatever, to see what each other are doing. So if there are some firms that are like totally quiet, quiet, they want to other other firms want to know what they're doing. So they hire like, a way to spy on each other. And then they get their information, and then they do it that way. So at a at a hedge fund, and I learned this when I started my hedge fund, the broker that you use is a it's called a prime broker. Okay. One of the benefits of having a top prime broker is that the broker is connected. And they know everything that's going on. And they can tell you this, they can tell you what's going on. You just call them up, say, Hey, what is unique about this, you're gonna think about this. I want to get into this, who do I talk to? The broker will tell you if you give them enough business, right? So if you want to learn more about this, you can watch. There's a there's a show called billions, actually called billions. The first couple of seasons were about the hedge fund, and it got into all different kinds of crazy drama and stuff. But I was watching it for that, like how do they run the hedge fund? What's going on? How do they deal with each other? I don't know how realistic it is. But it was cool to learn and see. Right? So then, let me ask you, if these hedge fund guys, these big traders, billionaires are talking to each other, like they go to Davos every year, you know, and that's just one conference that these big investors go to. And what do they do? They talk to each other. They share their biggest ideas. They're like, look, this is what I'm investing in. This is what I think is gonna happen. This is what I think is gonna happen. They share their ideas with each other. Now you and I, we're not going to get invited to Davos anytime soon. Right? So we have to wait for like CNBC or Fox News to go there and cover it. And we might get like a little tidbit on this. And now we're not gonna get the real juicy stuff, because we're not big enough to be in the room. So if these big mega whales share and talk to each other, and don't worry about the competition so much, why are you trying to do it yourself? I don't know, why, why you shouldn't do it yourself. That's what you got to answer. Who is out there that you can bounce your ideas off of, right? Who do you know that is better at trading than you are, will take your calls and work with you, or give you advice. Or even if they're not better than you they're least as good as you are, they know what you're doing. And you guys have a understanding that you know what each other is doing. And you can help each other? Do you have a community of like minded traders that have similar goals, trading in a similar way? Because that is pillar number four, this is a shortcut. Not only that, but it makes it a lot more fun. Because without a community trading is very, very, very, very, very lonely. And you're going to miss stuff, you're going to miss a lot of things. You cannot watch all the news, you cannot watch all the attention, you cannot pay attention to everything. So if you have a team, you succeed, right. But it can't be just any community, it can't just be any team of people, they have to know what they are doing. So you can't just go to some random group on Facebook, or Reddit, or discord, or whatever. Right. That is why the best communities of traders are very hard to find. And they're very hard to join. Because they want to keep out people. Right? They have enough people that want to join, they have to keep out people. That's the main goal. Now, thanks to the communities in our coaching programs that we have. So our coaching programs, we create a community for each one. My students keep me on my toes. Seriously, I am constantly learning new things from them. Even though I've been doing this for close to 20 years, they still point out new things. And they go hey, did you check this out? There's a new update on the software. And you can do this and this. Oh, wow. That's really cool. Oh, hey, did you know this was introduced? Oh, that's really cool. Because, you know, I've been doing stuff my way. And I've been, I'm gonna keep doing it my way until I find a better way. And so when they see something, they're like, Oh, hey, we could do this. We could do this. I was like, Oh, wow, let's take a look. Right. For the longest time, we've been trading oil options. And just recently, they introduced micro options on oil. Now a couple of years ago, they came out with weekly options on oil. I was like, yeah, no, I don't know, you know, and my students were the ones that introduced that, like, "Hey, can we take a look at it?", there wasn't enough volume, and the weekly eventually went away. But now there are micros. And so we are learning how to do those, and how to use those and how different they are. And we find out that yeah, you know what, we can use these, we can definitely use these. Right, our communities, our trading communities, and the ones that we set up for our coaching programs. They give us a safe space, to ask questions without getting ridiculed. And to give feedback to other people without people think oh, he's a know it all, you know, the things you notice everything Oh, he's a dork. No, we help each other. That's the point. And we root for one another, right? Because we want all of us to succeed. One person posts a trade, other people might do the same. We all want to succeed, right? We all rowing in the same direction. And that's what makes a good community. So then here are again, the four pillars, just to recap, that you should have to learn trading as soon as possible. Number one, you got to have a strategy that works and fits your individual style of trading. What works for you might not work for the next you. So you might be in the same community or neighborhood or meet up. But he might be doing something totally different from you. So you really cannot learn that much from him. Right? Number two, a battle tested trading plan that you will follow is not gonna do any good. If you don't follow it. If it doesn't match you, right doesn't match your goals doesn't match your time doesn't match your aggressiveness. All the things that we talked about earlier. If he doesn't match you, you ain't gonna do it. And you might be Oh, I don't have discipline. No. I mean, that might be true. But most likely, it's because it doesn't match. Right? It's a lot easier to follow something if you enjoy it. And it makes sense to you. And it doesn't make you all freaked out. Number three, a mentor or a coach that can help you avoid mistakes and shortcut the learning curve. What could take years can be done within months.  And that's what I've seen happen over and over and over again with different students. And we've built our programs our way it's like hey, If you just you know, I know what strategy works, I'll give you my trading plan, I will be your coach and your mentor. And I will give you a community. And that's how we set up our coaching programs, we give them all four pillars, you get this, you get this, you get this, you get this, we do it all together. And so in a matter of months, bam, you know exactly what to do, how to do it. And you know how to do it and handle in different situations, and you become consistent very quickly. That's what these four pillars do. And lastly, the fourth pillar is a community of like-minded, caring, similarly trained traders. Right? So if you have a community of four people, one guy's a day trader, one guy is trading, crypto, one guy is trading Forex, and the other guy's trading options. There are some things you guys can talk about. But when it comes down to your strategy, you're not really gonna be able to up to there. That's just the way it is. So you need like-minded, caring, because you have to care about you, and you have to care about them. Similarly trained. So you guys know the same strategy, you know, that if you make a mistake, they'll be able to point it out to you and say, Hey, you didn't do that part. You didn't do that step. Oh, that's what I've been messing up on. Yep. could be as simple as that. So those are the four pillars. I hope this was been helpful. If you need help with any of them, you can reach out to us and trade with the odds in your favor. Take care.

In this conversation, Thor and Carlos share six actions that can help boost your confidence as a trader. Developing a high level of confidence in your skills takes time and consistent execution of good trading habits. With greater confidence, you'll be better equipped to make sound decisions in your trading.

On todays episode of Forward Guidance Simon Ree Author & Founder of The Tao Of Trading joins the show for a discussion on the key principles for becoming a successful trader.  Simon takes us back to March 2020, a period which kicked off an aggressive bull market leading all the way up to 2022. In 2022, many market participants got caught offside as the aggressive rally suddenly turned into an equally as aggressive bear market. Now in 2023, the bulls and bears standoff at a cross roads waiting for the next indicator of where markets are heading. Simon walks through the difficult past 3 years in markets, and explains the key principles to remember when investing in this current market paradigm.  -- Follow Simon: https://twitter.com/simon_ree Follow Jack Farley on Twitter https://twitter.com/JackFarley96 Follow Forward Guidance on Twitter https://twitter.com/ForwardGuidance Follow Blockworks on Twitter https://twitter.com/Blockworks_ Get top market insights and the latest in crypto news. Subscribe to Blockworks Daily Newsletter: https://rb.gy/5weeyw -- Use code GUIDANCE10 to get 10% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023 Research, news, data, governance and models – now, all in one place. As a listener of Forward Guidance, you can use code GUIDANCE10 for a 10% discount when signing up to Blockworks Research https://www.blockworksresearch.com/ -- Timestamps: (00:00) Introduction (00:18) Simon's Entry To Finance: Black Monday (03:37) What Makes A Successful Trader? (05:10) Consistency Is A Superpower (07:29) I am Not A Trader, I am A Risk Manager (09:50) The Process of Making A Trade (12:54) Trading A Bull Market (17:41) Trading A Bear Market (19:14) Permissionless ad (20:17) Trading The Inflationary Bear Market of 2022 (29:05) Market Positioning, Sentiment & Short Squeezes (34:13) Blockworks Research (35:13) The Principles of Technical Analysis (37:19) Trading The Bull Market of 2020 (40:01) Assessing Current Market Conditions 946:02) The TAO of Trading (52:53) The Biggest Opportunities In Markets (56:26) How To Compound Your Returns (01:02:54) Finding The Right Trading Strategy For You -- Disclaimer: Nothing discussed on Forward Guidance should be considered as investment advice. Please always do your own research & speak to a financial advisor before thinking about, thinking about putting your money into these crazy markets.

A lesson on how to best take advantage of the coming 2023 mentorship. If you're here to learn, then you'll need to spend the time learning properly. Don't let trading get in the way of your learning. audio download: original, normalized, shortened

Click here to register for my FREE Masterclass: https://autc.pro/TSSeng-pod?sl=EN_POD-52547697

Focus on these 4 pillars if you want to become a successful trader. Get started with our 14-day RISK-FREE trial membership at https://tieronetrading.com/ Your Trading Coach - Akil --- Support this podcast: https://anchor.fm/thetradingcoachpodcast/support

Robert is a systematic futures trader, writer, and researcher. He is the author of several books on systematic trading including ‘Systematic Trading: A unique new method for designing trading and investing systems' and the upcoming ‘Advanced Futures Trading Strategies'. Before becoming independent, Robert worked for AHL, one of the leading systematic hedge funds, which is part of the Man Group. He was responsible for the creation of AHL's fundamental global macro strategy, and then managed the funds multi-billion dollar fixed income portfolio. In this podcast, we discuss systematic vs discretionary trading, how to avoid overfitting and better back-tests, which frequency of trading works best, and much more.

You simply can't live without a trading plan. It doesn't matter how much experience you have or where you're at in your journey in markets, this is going to help you build what we call world-class basics, a foundation, a platform for consistent, overall, disciplined, non-emotional, and ultimately profitable trading.   Wealth Masterclass: https://www.wealthmasterclass.com.au/   FREE Online Training with Andrew Baxter: https://bit.ly/cod-online   In-Person Events: https://offers.australianinvestmenteducation.com.au/cod-workshops-australia   Subscribe to Money and Investing Podcast: http://www.moneyandinvesting.com.au/   Stock Repair Strategy: https://www.stockrepairstrategy.com/  

In this week's podcast, we focus more on how to be successful in red weeks. What are the things you can do and what indicators can you use? Last week's trading tips broke a 17-week long winning streak, as the tips were a bust. However, saved by the stop-loss the losses became marginal and just emphasizes how important it is to use stop-loss. This week we try to hunt bouncers as the risk remains high for further falls. This and much more are in this week's stock podcast by Jim Stromberg. Youtube version: https://youtu.be/FB5QZ0jsh-I

Title: ⏰ Synergy Traders #41.29: High Probability Patterns For Successful Trading Results with Anka Metcalf of TradeOutLoud.com   Recorded on September 8th, 2022 as part of the Synergy Traders #41, Day 3: "Fibonacci & Elliott Wave 2022 Conference" event, hosted by TradeOutLoud and TimingResearch.   The full event video/podcast series and presentation notes are available here: https://timingresearch.com/blog/2022/synergy-traders-41-day-2-fibonacci-elliott-wave-2022-conference/   Bonus... ⚡ eBook: 10 Recession Trading Strategies https://timingresearch.com/LR2POD   Terms and Policies: https://timingresearch.com/policies/  

To have a successful trading business it is essential that you create a solid business plan, use a profitable trading system, and maintain your performance psychology so you can retain focus and profitability when the going gets tough. This exciting webinar we will discuss how to maintain this delicate balance and create a thriving trading business using what we call The Trading Triangle. Get more details and up to $500 off this course at: https://www.lockeinyoursuccess.com/the-trading-triangle-live/ #trading #options #daytrading

Trading algorithms are difficult to build. In this episode I detail 2 concepts that helped me build successful trading algorithms. If you are interested in my process you can join my summer course where I will teach you how to develop robust trading algorithms. You can apply for the course on my website here: https://billiondollaralgorithms.com/course Consider becoming a Patreon member and supporting the podcast: https://www.patreon.com/billiondollaralgo Reddit: https://www.reddit.com/r/BillionDollarAlgos/ OpenSea: https://opensea.io/collection/billion-dollar-algorithms #algorithmictrading #forex #stocks #investing #machinelearning #bitcoin

LifeBlood: We talked about successful trading, how the markets have evolved over the past 25 years, what it takes to be a successful trader, and how to get started, with Adrian Reid, Founder of Enlightened Stock Trading.   Listen to learn if you don't have established trading rules, all you're doing is gambling! You can learn more about Adrian at EnlightenedStockTrading.com, Facebook, Twitter, Instagram and LinkedIn. Thanks, as always for listening!  If you got some value and enjoyed the show, please leave us a review wherever you listen and subscribe as well.  You can learn more about us at LifeBlood.Live, Twitter, LinkedIn, Instagram, YouTube and Facebook or you'd like to be a guest on the show, contact us at contact@LifeBlood.Live.  

Title: ⏰ Synergy Traders #37.16: Predictive Indicators: The Roadmap To Successful Trading with Adrian Manz of TraderInsight.com   Recorded on April 20th, 2022 as part of the "Synergy Traders #37, Day 2: Tech Wizards 2022 Conference: Software, Indicators, Algorithms, Tools, & Platforms" event, hosted by TradeOutLoud and TimingResearch.   The full event video/podcast series and presentation notes are available here: https://timingresearch.com/blog/2022/synergy-traders-37-day-2-tech-wizards/   Terms and Policies: https://timingresearch.com/policies/    

Looking for some hot techniques that could improve your trading results in 2022? Tomas Nesnidal and Andrew Swanscott share “5 Steps to Successful Trading in 2022”, including: The 5 reasons why 91% of people fail to reach their goals, Trading vision and the 3Fs (which one are you?), The 2 types of progress traders can use to overcome a lack of direction, Reducing fear by using an abundance mindset to achieve trading goals, How your environment impacts your trading, Increasing confidence and belief in trading, Plus, tools and resources, realistic rate of return, motivational quotes and much more. For more great trading content, visit: https://www.bettertraderacademy.com

In this Space, our Panel discusses some of their most successful trading styles, and what led them to their processes. Co-Hosts: @stocktalkweekly @StockMKTNewz Speakers: @Investandbefree @tradeandbefree @WizDayTrader @RealJuicyTradez For more information and more Twitter Spaces content, please visit https://twitter.com/WOLF_Financial

Dealing with feeling guilty about success & the real value of becoming a consistently profitable trader & how you can use it to improve the future of you & others. Make sure you check out my NEW Youtube #Shorts channel for quick tip videos Youtube Search: Akil Stokes Shorts Your Trading Coach - Akil

Trading is a difficult skill that can take years of study to become proficient. Like any skill, it is one that you can learn. You teach yourself the basics: reading candlesticks, reading charts, setting up your account. You ask yourself, "What now?" Today we go over a basic road map on how you can structure your own trading strategy. This is episode 41 of the Jacked of All Trades Podcast. If you've got any questions you can find us on IG we'll be happy to help! Jacked Of All Trades Finance Podcast For Beginners - We talk investing and trading, sharing resources, and going over our wins and losses to show how we examine data, charts, and news to make profitable trades. Instagram Jacked of All Trades IG: https://www.instagram.com/jacked.of.all.trades/ Kalin IG: https://www.instagram.com/kalin_clein/ David IG: https://www.instagram.com/sin3rgy_/

I share my 9 secrets or essential instincts that every trader should know in order to be successful in trading. Be Yourself:You’ve got to go through the process of learning about yourself and what works for you. Trading is a journey of oneself! Trade according to risk:New traders tend to focus too much on the […]

I share my 9 secrets or essential instincts that every trader should know in order to be successful in trading. Be Yourself:You’ve got to go through the process of learning about yourself and what works for you. Trading is a journey of oneself! Trade according to risk:New traders tend to focus too much on the […]

Want to minimize your mistakes? Worry less about your returns and focus more on your trading process. Please enjoy this clip with Gregory Krupinski from Episode 6 of Smarter Trading. Learn more & connect with Gregory Follow Gregory here Visit Gregory's website here Learn more & connect with Evan & the Trade Risk Browse the Smarter Trading podcast catalog for this episode's show notes and check out past guests Watch this episode live on our YouTube channel Follow @evanmedeiros on Twitter Follow @TheTradeRisk on Twitter Join the Trade Risk's weekly newsletter If you enjoyed this week's episode, we would really appreciate a rating and review on Apple Podcasts so that we can reach more traders and bring on more great guests. Please keep in mind, all opinions expressed by guests are solely their own opinions and do not reflect the opinion of Evan or the Trade Risk. This podcast is for informational purposes only. Please review our complete disclaimer which applies to the contents of this podcast. Thanks for listening!

To have a successful trading business it is essential that you create a solid business plan, use a profitable trading system, and maintain your performance psychology so you can retain focus and profitability when the going gets tough. This exciting webinar we will discuss how to maintain this delicate balance and create a thriving trading business using what we call The Trading Triangle. Get more details and up to $500 off this course at: https://www.lockeinyoursuccess.com/the-trading-triangle-live/ #trading #business #daytrading

.

.

Learn the 5 fundamental truths of a probabilistic mind-set for trading Start your journey to abundance and freedom at https://bit.ly/ksecrt

Is the code to successful trading found in patterns of nature? We explore a 13th-century Italian mathematician who proposed that the patterns of humans could be predicted by nature. How this can help your trading today? In this episode, we are joined by for the second time by Trade the Easy Way owner Mike Hamilton. We discuss how you can manage your risk when trading. We look at the evidence at the percentage of successful day traders. Do most day traders actually lose money and how you can you increase your own chances of success? We also talk about money mindset when trading Listen today  

We had the honor to talk to Dr. Brett Steenbarger (Psychologist, Trader, Author, Trading Coach) and Mike Bellafiore (Co-Founder of the proprietary trading firm SMB Capital and author). We had a wide-ranging conversation and talked about what sets successful traders apart, how to use your emotions, what it means to trade without ego and many more gems. If you want us to do a round 2, let us know in the comments and let us know what we should ask Dr. Steenbarger and Mike Bellafiore next time.   Mike Bellafiore YouTube: https://www.youtube.com/user/smbcapital All Books: https://www.amazon.com/Mike-Bellafiore/e/B003AR5VFE?ref=sr_ntt_srch_lnk_3&qid=1599112187&sr=8-3 Website: https://smbcap.com/   Dr. Breet Steenbarger Blog: http://traderfeed.blogspot.com/ All books: https://www.amazon.com/Brett-N-Steenbarger/e/B001IGSOBM?ref=sr_ntt_srch_lnk_1&qid=1599112108&sr=8-1 Radical Renewal: https://leadingrenewal.blogspot.com/

The second part of the "Trading As A Business" series. In this episode, I will discuss the basic requirements established by the IRS to be eligible for qualifying as a trading business, or getting the Tax Trading Status. Even though I’m going to cover this in depth, I highly recommend that you consult a tax professional.

This is the first part of the series "Trading As A Business". There are 7 top tools needed to start a successful trading business.

Subscribe to How To Trade ItIs a profitable trading system not working for you but IS working for someone else? Do you find yourself feeling like an utter failure? You may not realize this, but the most important skill that a trader can have is their mindset. A lot of traders do not agree with me on this. But I believe mindset is the missing ingredient that separates successful traders from unsuccessful traders. You need to work hard to develop a profitable and healthy mindset. It’s all based on how we think. If you want to achieve success, you have to change and think differently than you did before. So in this episode of How To Trade It, I share some attitudes that are necessary to adopt for a successful trading mindset. I also share some practices I put into place daily to improve my chance for success. It will be uncomfortable. I’m asking you to do things you’ve never done before. But If you want to grow you have to move out of your comfort zone and embrace new ideas. This is a full training, so grab a pen and paper and settle in for an in-depth discussion of psychology and mindset and how it will be a game-changer for you.You’ll want to hear this episode if you are interested in...[2:14] The most important skill that a trader can have is their mindset[3:54] Key trading psychology lessons[5:42] A successful mindset begins with optimism[10:53] The power of self-belief and faith[12:32] Fear leads to destruction[15:26] Replace bad habits with good habits[19:55] Embrace positive affirmations[24:00] The power of visualization and positive thinking[26:15] The importance of practicing gratitudeResources & People MentionedAdmiral James StockdaleConnect With Casey StubbsWebsite: https://caseystubbs.comSubscribe! https://www.youtube.com/caseystubbsTwitter: https://www.twitter.com/caseystubbsFacebook: https://www.facebook.com/caseystubbsLinkedIn: https://linkedin.com/in/caseystubbsNewsletter: https://financeandmarkets.com/Subscribe to How To Trade ItSupport the show (https://caseystubbs.com)

Sticking to rules, being disciplined, and having patience are keys to making money in trading. In this episode, Nell Sloane speaks with Todd “Bubba” Horowitz, founder & CEO of Bubba Training. Todd shares his expertise on trading strategies, the changes in fundamentals he's seen in his 40 years of experience, and what it takes to … Continue reading The Keys to Successful Trading –– With Todd “Bubba” Horowitz →

Rylee and I react to a Neil Degrasse Tyson video where he explains the three universal truths. She and I felt these were extremely applicable to us as traders so we wanted to share our thoughts with you. Rylee's perspective can be valuable to us all as she has spent hundreds of hours with new and struggling traders. Connect with Rylee at https://www.instagram.com/rylee.bogden/ Watch: https://youtu.be/-h8XIdT-t4I Check out https://asfx.biz/ for more info on our courses, real trader testimonials, and more 2 Free Audiobooks from Audible - https://amzn.to/2KaWa6D Connect With me: https://www.instagram.com/austinsilverfx https://www.twitter.com/austinsilverfx https://www.facebook.com/austinsilverfx ------------------------------------------- Disclaimer: · The Silver Investment Group LLC. (“Company”) is not an investment or advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities, equities, or currencies (“Markets”) customers should buy or sell for themselves. The analysts and employees or affiliates of the Company may hold positions in Markets discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading currencies and equities. You completely understand and acknowledge that the Company, the authors, the publisher, and affiliates of Company assume no responsibility or liability for your trading and investment results and make no warranties whatsoever, express or implied or for merchantability. Factual statements on the Company's website, or in its blogs, videos, webinars, or posts (“Publications”) are made as of the date stated and are subject to change without any notice and are made without any warranties whatsoever. · It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system and are not indicative of future returns which be realized by you. In addition, the indicators, software programs, strategies, columns, articles, and all other features of the Company's products (collective, the “Information”) are provided for educational and entertainment purposes only and should not be construed as investment advice. Examples presented on the Company's website are for educational and entertainment purposes only. Such set-ups are not solicitations of any order to buy or sell at any time. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment. · Jurisdiction hereunder shall be in the Commonwealth of Pennsylvania and any disputes shall be adjudicated in the courts thereof. #ASFX #DayTradingTips #ForexTrading

In this powerful episode of The Sound of Accra Podcast, Adrian catches up with close university friend and successful investor, Jason Agbodza, who is a day trader for a living, and runs a successful business in trading after quitting the corporate rate race, and gives listeners some great takeaways from self-development. In this episode, we discuss things like:How Jason made the transition from full-time corporate wealth management employment to a successful trading businessHow important mindset has been for Jason and for anyone who wants to achieve financial freedomWhat stands out in trading as a tool for building wealthSome tips for listeners and personal developmentAnd much moreVisit thesoundofaccra.com/jason-agbodza for the show notesSupport the show (https://www.paypal.me/gofundad)

This session was recorded on 19 May 2020 at 7pm AEST. The market may have changed if you're listening to this at a later date.*Any advice is general advice only and is not tailored to your particular circumstances. You need to decide for yourself whether it's appropriate for you and your situation.**Past returns do not reflect future returns.Trading options is not suitable for everyone. There is a risk that you can lose more than the value of a trade or its underlying assets. You should only act on the information we provide if you are confident that you fully understand what you are doing.

Today we go through the 5 rules for successful trading in 2020. It may seem like teaching your grandmother to suck eggs, but its firm rules that sometimes we forget and yet its so critically important. We delve into how James implements these into his daily trading. You can contact James on twitter @snellw @abc123trading www.abc123trading.com Book recommendations Price Action Breakdown https://www.amazon.co.uk/Price-Action-Breakdown-Exclusive-Financial-ebook/dp/B01C222NR6 Trading in the Zone https://www.amazon.co.uk/Trading-Zone-Confidence-Discipline-Attitude/dp/B07BT8NM3C Any questions or if you want to be on the show, email me info@tradethefifth.com

Anthony Crudele started as a trader on the floor of the Chicago Mercantile Exchange (CME) in the late 1990s. He was one of the youngest members of the CME, originally trading the S&P e-mini futures. Anthony was surrounded by some of the most influential traders and brokers in the financial markets and gained huge knowledge, experience and know-how which helped him develop his own successful trading processes which he then adapted to screen based electronic trading. Having struggled and then finally built a successful trading career and practice, and just when everything seemed to have fallen into place, Anthony’s world was brought to a shuddering halt when he suffered a heart attack at the age of 36. Despite being physically healthy in every way, Anthony believes the stresses and anxieties connected to the job played a key role in this near-death experience. Anthony recovered and was able to continue trading and to rebuild his career. A large part of this was developing the ability to manage and cope with stress by using powerful mindfulness-based techniques and meditation practices which help him to deal better with the stress and anxiety of life as a trader. Anthony also hosts the hugely popular Futures Radio Show, a weekly podcast show where he shares his extensive experience as a futures trader, provide insights into what's happening in the markets, and interviews guests from the world of trading.

Limit Up! has got a new look. In our survey last year, the overwhelming consensus was that listeners were interested in more trader education. That’s why this week Jack and Dan are talking to trading legend, Dan Hodgman Sr. Dan has talked in the past about growing up with a trader for a father and this week you’ll hear from the man himself.Dan Hodgman Sr. discusses how the landscape of trading has changed, how he was able to build a balanced life for himself within the trading industry, and the mentorship that informed his years on the floor. Dan also talks about what risk really means and why you should never think of treasury bonds as money. Listen to the episode for tips and wisdom from a trading veteran. [00:16] - This week: Dan Hodgman [01:07] - Market reaction [04:19] - Interview with Dan Hodgman [05:46] - Family trading legacy [08:03] - From stockbroker to floor trader [10:53] - Trading classes [12:17] - What's my risk? [15:03] - Sizing down [17:59] - Controlling the trade [21:58] - Getting back into the game after a big loss [25:39] - Winning day mentality [27:53] - Statistics & probabilities [30:46] - Fortunate opportunities [34:54] - Retirement Limit Up! is a podcast for traders of all levels brought to you by TopstepTrader. Whether you’re considering a career in trading and don’t know where to start, or you’re a seasoned veteran looking for advice from big names in the financial industry, Limit Up! is your guide. Join us weekly as we discuss the market in all of its volatile glory.If you'd like to receive new episodes as they're published, please subscribe to Limit Up! in Apple Podcasts, Google Podcasts, Spotify or wherever you get your podcasts. If you enjoyed this episode, please consider leaving a review in Apple Podcasts. It really helps others find the show.This podcast episode was produced by Dante32.

Whether you are looking to trade stocks in the market or build wealth through another strategy, all successful strategies have risk tolerance at their core. The first key is understand why risk tolerance matters to you're trading strategy and how it is different for each of us. After understanding this it becomes much clearer on how we can take this information and apply it to our personal situations and trade plans. The key is to focus on the idea of "comfort". Let me explain.

The Paradox of Successful Trading (a phrase I coined) describes the frustrating truth that there are only a handful of ways that most traders lose, while there is a seemingly infinite amount of ways to succeed...yet so many fail. Why? Don Hensley posits that the issue is rooted in the fact that to succeed, we need to be, act, and behave in the markets in uncommon ways. We need to operate individually -- not only from the herd (the majority of losers), but from the winners as well (we need to have our own unique edge). Join the Get the new Setup eBooks, including Are you ready for the coming downturn? Learn to love the short: read .   Check the .  Join the free !   

This is 6 principle of successful trading.......It may be simple and easy to say. But need a lot effort, consistency and discipline to do. But this is the way if you want to success in trading. There is no short cut. There is no isntant result. You have to do it day by day through process, learn and learn. Psychology is the key. You are the key.

Confessions Of A Champion Algo Trader - Kevin Davey In episode 197 of the Desire To Trade Podcast, I interview Kevin Davey, an algorithmic trading system builder, and trader. He is the author of a very well written book on the topic titled Building Winning Algorithmic Trading Systems and new book Entry and Exit Confessions of a Champion Trader. Over his 25 years of experience, Kevin has been developing, analyzing, testing and creating trading strategies in every futures market from the e-mini S&P to crude oil to corn to cocoa. At the moment, he trades full-time for his own personal account, while helping traders around the world see more results in their trading. Kevin contributed to the excellent trading book The Universal Principles of Successful Trading by Brent Penfold, where he was featured as a “Market Master.” That book was part of my list The Forex Trading Books That Incredibly Improved My Own Trading. Strategy Factory® Workshop (use our link and email us your receipt to get a special bonus from DesireToTRADE) Watch: Video interview! In This Episode, You'll Learn... Who is Kevin and what he does 00:35 How was Kevin's evolution as a trader 04:24 How Kevin went into algo trading 07:50 How Kevin searches for trading strategy ideas 11:52 How Kevin improves and selects his working strategies 14:20 Why Kevin uses purely mechanical systems without discretionary filters 17:59 How to manage the risk when running many systems together 21:31 How Kevin looks to Swing vs Day trading systems 25:06 What metrics does Kevin look to evaluate his systems 27:09 Kevin tells us what is the biggest mistake he sees algo traders make 28:43 How to look at entry and exit strategies when building a strategy 31:30 How to find Kevin and his new book 34:14 And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources Mentioned Kevin Davey's Books Strategy Factory® Workshop (use our link and email us your receipt to get a special bonus from DesireToTRADE) DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) DesireToTRADE Academy How To Find Kevin Davey? Website Linkedin Twitter Email About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes

Trader Cobb's Site: http://www.TraderCobb.com --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/crypto-blood/support

As the 2019 Trading Game Mentor Program kicks off we have a load of resources for traders in this episode. Louise Bedford asks are exceptional investors just born lucky, Chris Tate looks at inspiring books and Philip Teo releases Trading Mentors, 10 profiles of the top trading experts around the world and their trading journeys. Mindpower - Trading Genius Are exceptional investors just lucky? Just who can become a trading genius? Louise looks at exceptional athletes, performers and professionals who have achieved excellence and what they ALL have in common. It seems the traditional argument of nature and nurture is obsolete! Genius is a combination of both talent and hard work. A Little Trading Chris Tate Which books are inspiring for beginner traders? Not does Chris only recommend Robert Rotella’s book – The Elements of Successful Trading he refers to a number of inspirational non- trading books to get a handle on the big picture of the markets.   Philip Teo Philip Teo the architect of the Online Trading Summit has launched a new book TRADING MENTORS. It features interviews with the top 10 trading mentors around the world who attended the summit. Inspired by Market Wizards these trader profiles have up to date, relevant and recent trading strategies and data. Traders can see these mentor’s mistakes and how to sidestep them to shorten your own trading journey. Look out for the Queen of Candlesticks Louise Bedford’s newly discovered Candlestick patterns that have not been documented before. To grab a copy of Trading Mentors go to: www.tradingmentorsbook.com Grab your copy before 10 February to receive $600 worth of free special bonuses, which include digital recordings of the 10 mentors, Special Report pack by Louise Bedford and a 2-year subscription to Your Trading Edge.  

It’s easy for traders to think of 'the trade' that will make or break their month, quarter, or year. Yet, at DailyFX, we have found that a process is the best way to put the odds in your favor. This show breaks down the three steps that we’ve identified ask critical in building a successful trading process that reduces the need for traders to rely on one event with an uncertain outcome as dictating success or failure that must be repeated over and over again. Interested to find out more about news and analysis of the market, Click here to visit our main website!

50 Pips talks to Vox Markets, discussing current market volatility, the misconceptions associated with the life of a trader, and why realistic expectations and a deep understanding are crucial to success in the industry.

The Paradox of Successful Trading (a phrase I coined) describes the frustrating truth that there are only a handful of ways that most traders lose, while there is a seemingly infinite amount of ways to succeed...yet so many fail. Why? Don Hensley posits that the issue is rooted in the fact that to succeed, we need to be, act, and behave in the markets in uncommon ways. We need to operate individually -- not only from the herd (the majority of losers), but from the winners as well (we need to have our own unique edge) Watch the Summit online Oct 20th! —> . Are you ready for the coming downturn? Learn to love the short: read .   Check the .  Join the free !  Get a each week

The Paradox of Successful Trading (a phrase I coined) describes the frustrating truth that there are only a handful of ways that most traders lose, while there is a seemingly infinite amount of ways to succeed...yet so many fail. Why? Don Hensley posits that the issue is rooted in the fact that to succeed, we need to be, act, and behave in the markets in uncommon ways. We need to operate individually -- not only from the herd (the majority of losers), but from the winners as well (we need to have our own unique edge).

  Successful Trading Mindset Challenges (scale to $10,000/month) In episode 154 of the Desire To Trade Podcast, I am bringing back full-time day trader and psychology coach Mandi Pour Rafsendjani. We talk about 5 mindset challenges that people face when they want to scale their trading to $10,000 a month. This is a big number and it’s a goal that a lot of people want to achieve. I have seen these mindset challenges for myself that I had to push them away over time. They didn’t change in a day, they didn’t change in a week, but I had to work on those. If you aspire to get to the $10,000 mark per month, this is exactly what you have to work on. I encourage you to listen to this carefully and make some notes on what you have to work on, then listen back in, let’s say, three months from now (90 days). Ask yourself what have you done, what have you improved on, and what can you work on. That will be amazing and that will be a great way to get value from this. Watch the video interview here!   Topics Covered In This Episode Who Mandi is, what she does and why she’s here with us today [3:04] The three types of traders [5:51] The first trading mindset challenge [8:36] The second mindset challenge [17:38] The main worries and fears in traders [22:22] Learning stuff for free, mindset number 3 [25:51] Using strategies and rules [32:57] Placing trades based on strategy and your personality [34:19] The fourth mindset challenge [36:49] Trading on intuition versus hoping [39:35] How we know our intuition is based on other factors [42:31] The fifth mindset challenge [43:31] Personal development [45:26] Why putting all your capital in trading and taking all risks don’t work [46:35] What people think if you're a trader [49:18] How Mandi breaks down the root cause of any trading issues [53:33] What you should take action on [61:03] Resources Mentioned SPONSORED: Shoot an email to Jerremy Newsome Demon Finder from Tom Dante Mandi’s Fierce 10 Challenge  DesireToTRADE Top Resources Desire To TRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist (free checklist!) One-Page Trading Plan (free template!) DesireToTRADE Academy (exclusive training program)   What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

For so many people success in the stock market can seem like a frustrating pursuit. Often times our experiences from childhood can shape our views of success and failure and have a massive impact on how successful we are in the stock market. In my latest podcast, I discuss my own fears from childhood and how it, early on, hampered my growth as a successful trader. If you'd like to learn more about my trading in the stock market, be sure to visit: https://www.shareplanner.com/splashzone

Pauly Franco - known on Twitter as @spz_trader - actively trades forex, Gold and the German Bund. An educator as well as a trader, Pauly gives insights in this interview about how he set himself up for success, what goes into his daily routine and how he would approach analyzing current markets.

The Market Took All My Money! Successful Trading is in Your Control - Learn How Now. "Extreme Ownership" is the opposite of entitlement. Take control. Being in control requires responsibility, so many of us prefer to say that things are outside of our control. Examples of: Scam alert websites. Ripoff report websites. No, your'e not a victim – you participated. You may have been drawn in by a “sounds too good to be true” offer you wanted to believe, even though you already knew, "if it’s too good to be true, it probably is."  STORY OF CHEMISTRY GRADE. Not just indicators. Risk management Money management Trading logs You probably know you should do it but you don’t. STORY OF NOT WARMING UP BEFORE KRAV MAGA CLASS. Printing out charts Good book is “Extreme Ownership by Jocko Willink.” Or see his Ted Talk on Youtube. Get my free gift for you, for FREE, Top Dog Trading’s “Top 10 Trading Rules for Success.” These are 10 things I changed in my trading to become successful over the last 50 years. They’re also the top 10 things that have helped my students shift from losing money to making money. Bottom line, no general theories or abstract ideas here. This is the practical stuff that can really work to bring real and dramatic change to your trading results. It’s a mini-course that contains a pdf Special Report and 3 videos. Get right now by simply going to: http://www.onlinetradingtowin.com/tenrules Go get it for free while the show is still new.

The Market Took All My Money! Successful Trading is in Your Control - Learn How Now. "Extreme Ownership" is the opposite of entitlement. Take control. Being in control requires responsibility, so many of us prefer to say that things are outside of our control. Examples of: Scam alert websites. Ripoff report websites. No, your'e not a victim – you participated. You may have been drawn in by a “sounds too good to be true” offer you wanted to believe, even though you already knew, "if it’s too good to be true, it probably is."  STORY OF CHEMISTRY GRADE. Not just indicators. Risk management Money management Trading logs You probably know you should do it but you don’t. STORY OF NOT WARMING UP BEFORE KRAV MAGA CLASS. Printing out charts Good book is “Extreme Ownership by Jocko Willink.” Or see his Ted Talk on Youtube. Get my free gift for you, for FREE, Top Dog Trading’s “Top 10 Trading Rules for Success.” These are 10 things I changed in my trading to become successful over the last 50 years. They’re also the top 10 things that have helped my students shift from losing money to making money. Bottom line, no general theories or abstract ideas here. This is the practical stuff that can really work to bring real and dramatic change to your trading results. It’s a mini-course that contains a pdf Special Report and 3 videos. Get right now by simply going to: http://www.onlinetradingtowin.com/tenrules Go get it for free while the show is still new.

Hosted by Edmund Lee, President & CEO of the Caylum Trading Institute, Short Stops is your weekly stock market update featuring the top trading news, tips and stock picks in Metro Manila and around the world. For our second episode, we're joined by Senior Global Equity Traders, Jensen Sy & Leonard Chua, CFA, who are here to answer the following questions: 1. It's up more than 30% - so what do we do $NOW? 2. 90% of people lose money actively trading stocks - how do we become part of the 10%? 3. What short-term stock picks are you currently looking at? 4. What's the best advice that you can give new traders coming into the market? Get your next trading insight and find your baggers right here on Short Stops. Powered by the Caylum Trading Institute. www.cayluminstitute.com -- Record Date: JANUARY 22, 2018 Introduction Music: (credits to)Vodovoz Music Productions on YouTube

Ep. 67 - The Key to Successful Trading? Don’t Quit!The Two Blokes trade with XTB. Trade Bitcoin + More Cryptos than any other broker! Visit: www.twoblokestrading.com/xtbSign up now for 3 months free trader training and pro-package discounts with Traders Support Club: www.tscmember.co.uk/tbt In this episode:  Tom has his most successful trading month to date Owen takes credit for Tom’s success We interview profitable retail trader Roy ‘NorseFX’ Sivertsen Owen tries to take credit for his success as well… Roy explains how he uses automated entries and manual exits in his hybrid trading system Roy tells his story from losing ‘tip follower’ to winning trend follower! Trader Interview - Roy Sivertsen - NorseFX - The Key to Successful Trading? Don’t Quit! Follow Roy on Instagram, YouTube or on norsefx.com  Roy has been trading since 2014 and has been through the same journey as many, many people listening to this show. First getting into trading off the back of ‘tips’ and (surprise!) losinga big wedge, he was fortunate to be an observant chap and realised that despite it all, the markets did in fact make patterns. After a foray into penny shares trading and a brush with holding an unwanted position in an illiquid market, Roy realised that Forex trading was the way forward. Enter another tip! Turns out that when someone says ‘just sell EURUSD, you can’t lose’, you almost certainly will lose. Of course he sold the bottom and experienced another painful lesson. Sound familiar? But, Roy is a natural trader it seems, and once he applied the thing between his ears and linked it with what his eyes were showing him, he started to identify patterns in the Forex markets too. He is now sitting pretty after a year of consistent profits. His key to successful trading? Don’t quit! Don’t Quit We get a lot of emails asking what it takes to be a successful trader; how did we manage to turn the corner into profit etc. The answer is always the same - don’t quit! It would have been much more embarrasing for us to quit given that loads of people were listening to our failures (and occasional triumphs) on the podcast every week...but it was still hard to keep going at times! Both Tom and I are now up and running trading and believe ourselves to be capable of making consistent profits, purely by refusing to give up until we made it work. But we won’t claim to have cracked successful trading until we have put together a much more sustained run! If you have had a challenging start to your trading career, just listen back to this episode and keep Roy in mind. He had the same difficulties and he lost money in the markets, but he never let go of the dream of being a successful  trader, and sure enough his hard work is now paying off! Trading Competition A number of you got in touch to say you would be interested in a trading competition if we ran one. So we will be ploughing ahead, but with a slight twist! You will need to tune in next week to find out more...

Ep. 67 – The Key to Successful Trading? Don’t Quit! The Two Blokes trade with XTB. Trade Bitcoin + More Cryptos than any other broker! Visit: www.twoblokestrading.com/xtb Sign up now for 3 months free trader training and pro-package discounts with Traders Support Club: www.tscmember.co.uk/tbt   In this episode:   Tom has his most successful trading…

Brent Penfold: The Universal Principles Of Successful Trading In episode 77 of the Desire To Trade Podcast, I interview Brent Penfold, a futures trader based in Sidney, Australia. Brent began trading when he joined Bank America as a trainee dealer in December 1983. It didn’t take much time for him to become fascinated with the markets. These days, Brent is a licensed Futures Adviser, specializing in trading index and currency futures, but also trades a diversified portfolio of 16 markets across 8 market sectors. What’s most interesting about his trading style is that he is usually done trading by 9:30am and has the rest of the day to concentrate on his research. I personally found out about Brent as I came across his book The Universal Principles Of Successful Trading, which I’d highly recommend. For this new year, I’d love if you can take a few seconds to leave a review on iTunes or Stitcher. Let me know honestly what you think of the podcast because the only way I can improve is through your reviews. Share This! The best loser is the long-term winner. Embrace that! - Brent PenfoldCLICK TO TWEETUnderstand the risk of ruin, make it 0% & learn to be the best loser. - Brent PenfoldCLICK TO TWEET In This Episode, You’ll Learn… What are the universal principles of successful trading What’s the principle of maximum adversity. The single best measure you need to calculate about your trading. The common sayings in trading that aren’t true. Brent’s opinion on discretionary trading. Brent’s simple trading routine (to be done by 9:30am). Why you must step away from the screen. Why you need to stop researching for strategies. And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Brent Penfold’s Books The Universal Principles of Successful Trading: Essential Knowledge for All Traders in All Markets Trading the SPI: A Guide to Trading Index Futures in Australia DesireToTRADE’s Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) DesireToTRADE Academy How To Find Brent Penfold? Index Trader About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes

Kevin Davey: Building Winning Algorithmic Trading Systems In episode 67 of the Desire To Trade Podcast, I interview Kevin Davey, an algorithmic trading system builder, and trader. He is the author of a very well written book on the topic titled Building Winning Algorithmic Trading Systems. The number of trading systems developed by Kevin is impressive. At the time of recording the interview, he had 95 trading strategies. Over his 25 years of experience, Kevin has been developing, analyzing, testing and creating trading strategies in every futures market from the e-mini S&P to crude oil to corn to cocoa. At the moment, he trades full-time for his own personal account, while helping traders around the world see more results in their trading. Kevin contributed to the excellent trading book The Universal Principles of Successful Trading by Brent Penfold, where he was featured as a “Market Master.” That book was part of my list The Forex Trading Books That Incredibly Improved My Own Trading   In This Episode, You'll Learn... How Kevin started with automated systems trading How he lost $1,500 on a $5,000 account in a single week! The myth of algorithmic trading & trading psychology. The step-by-step process Kevin uses to build winning algorithmic trading systems. The main tasks of an automated system trader. How Kevin was able to build several algorithmic trading systems. What most traders do wrong when trying to create a trading system. And much more! What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group! Resources Mentioned Kevin Davey's Book: Building Winning Algorithmic Trading Systems, + Website: A Trader's Journey From Data Mining to Monte Carlo Simulation to Live Trading (Wiley Trading) DesireToTRADE's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) DesireToTRADE Academy How To Find Kevin Davey? Website Linkedin Twitter Email About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes

Tomas Nesnidal has been a full-time trader for over 11 years, specializing in automated algorithmic trading strategies. He has experience with a number of trading styles, including option trading, spread trading, statistical arbitrage and market internals but in this episode we’re going to discuss one of his other specialties, breakout trading. In our chat we discuss the key components of a breakout strategy and how to combine them to create profitable trading strategies. We also discuss the degradation of strategies over time, how to add new life into old strategies and why creative thinking is such an important aspect of successful trading. In this episode we discuss The benefits of trading breakout strategies and what makes a good breakout strategy How to build profitable breakout strategies using 4 key components The degradation of strategies over time and how to add new life into old strategies Using filters to improve trading results Adapting strategies to market conditions The best timeframes and markets for breakout strategies

We’ve spent the past couple of weeks of this show talking to leading early-stage investors in financial technologies -- guys like Charles Moldow of Foundation Capital and Caribou Honig of QED Investors. These are the same guys that have invested in some of the biggest names in the financial technology space. Companies like Lending Club, Credit Karma, Motif Investing, OnDeck Capital, Prosper, and Zopa. What makes many of these companies different from their incumbent competitors is that they’re bringing technology solutions to financial problems. That’s not to say incumbent financial institutions don’t use technology -- they certainly do, a whole lot of it. It’s just that this generation of fintech company is exactly that fin - tech -- they’re technology companies at their core and their solutions to financial problems -- whether lending to people without credit history or remitting money more cheaply and quicker across global banking borders -- they’re technological in nature. Some of the most interesting things we’ll see in the future is machine learning applied to the stock market. We know human beings’ biases when it comes to investing and even the world’s best investors fall prey to our own shortcomings, our own humanity. It’s entirely possible machines can do it better. Our next guest, Richard Craib, is working on a machine learning solution to the stock market much in the same way Netflix turned to top external algorithm developers to improve its own recommendation engine -- by offering prizes. Richard’s company, Numerai is an amazingly ambitious undertaking. He’s offering top investing systems developers cash prizes in return for using his firm’s encrypted data set to build alpha-producing strategies. Sitting on top of it all is Numerai with its own big data solution that’s investing its own nostro account, trying to optimize allocating capital between strategies. It’s a black box of black boxes but crowdsourced from some of the world’s smartest data scientists. As I talked with Richard, I kept thinking to myself -- What does this spell for the future of investing? People like Warren Buffett and Peter Lynch -- two of my favorite all-time investors -- seem so, so...antiquated when you start thinking about AI’s potential to participate in investing. Will future episodes on CNBC profile -- not today’s celebrity cowboy stock picker -- but tomorrow’s PhD touting data scientist who builds software for a living? Interesting. You can get this episode and over 120 episodes from the archives on our website, Tradestreaming.com. While you’re there, make sure to sign up for our weekly fintech newsletter that thousands of professionals read every week to stay on top of the business of finance. We’re also available on iTunes and SoundCloud.

In the final part of this seven part series of Talking Wealth, Dale wraps up on the seventh step you need to follow if you want to become successful in trading the stock market.

In the final part of this seven part series of Talking Wealth, Dale wraps up on the seventh step you need to follow if you want to become successful in trading the stock market.

In Part 6 of this seven part series of Talking Wealth, Dale continues to detail the seven steps you need to follow if you want to become successful in trading the stock market.

In Part 6 of this seven part series of Talking Wealth, Dale continues to detail the seven steps you need to follow if you want to become successful in trading the stock market.

In Part 5 of this seven part series of Talking Wealth, Dale continues to outline the seven steps you need to follow if you want to become successful in trading the stock market.

In Part 5 of this seven part series of Talking Wealth, Dale continues to outline the seven steps you need to follow if you want to become successful in trading the stock market.

In Part 4 of this seven part series of Talking Wealth, Dale continues to outline the seven steps you need to follow if you want to become successful in trading the stock market.

In Part 4 of this seven part series of Talking Wealth, Dale continues to outline the seven steps you need to follow if you want to become successful in trading the stock market.

In Part 3 of this seven part series of Talking Wealth, Dale takes you on a journey and outlines the seven steps you need to follow if you want to become successful in trading the stock market.

In Part 3 of this seven part series of Talking Wealth, Dale takes you on a journey and outlines the seven steps you need to follow if you want to become successful in trading the stock market.

In Part 2 of this seven part series of Talking Wealth, Dale outlines the seven steps you need to take if you want to become successful in trading the stock market.

In Part 2 of this seven part series of Talking Wealth, Dale outlines the seven steps you need to take if you want to become successful in trading the stock market.

In this seven part series of Talking Wealth, Dale takes you on a journey to outline the seven steps you must follow if you want to become successful in trading the stock market.

In this seven part series of Talking Wealth, Dale takes you on a journey to outline the seven steps you must follow if you want to become successful in trading the stock market.

Debbie Hague, author and trading expert teaches listeners how to successfully trade online with Heather Wagenhals, Executive Producer and host of UnlockYourWealthRadio.com on Libsyn'sPopular Money Show and Season 19 Running with Scissors.  Debbie Hague is well-known for her sharp trading skills and her abilities to teach thousands of students what it means to be a successful trader in with her Online Trading Academy. She has a great deal of experience using the TradeStation platform and brings that knowledge to the classroom. In this interview Debbie debunks online trading myths, comforting listeners in this great opportunity of trading online, especially for stay-at-home moms or individuals looking to trade for long-term wealth. Tune in this Friday morning at 9:00AM as Debbie helps listeners acquire the tools needed to become financially independent. You can listen to the Unlock Your Wealth Radio Show, which specializes in a unique brand of financial literacy, every Friday morning sharing experts advice in real estate, investment and trading opportunities such as Ms. Hague discusses in this exclusive interview.       This week's key trivia is based on last week's Practicing the Three R's, plus Minutes on your Money and more during Declare Your Financial Independence 2014.   Learn more about This Week's Key in the Keys to Riches Financial Wellness Series: Become a Voracious Reader