1. Anything can happen: Have Zero expectations. It only takes one trader to negate a positive outcome of your edge. Any expectations cause conflict within us. 2. You don’t need to know what is going to happen next to make money: The odds are in your favor before you put on the trade. It's a probability game when concepts like right and wrong or wins and loss no longer have the same significance. Your expectations will be in harmony with the possibilities. Head and Tails...EVERY LOSS PUTS YOU CLOSER TO A WIN 3. There is a random distribution between wins and losses for any given set of variables that define an edge: If every loss puts you closer then you have no fear carrying you into the next trade, don't let fear and hesitation make the decision, don’t be on autopilot, be a decision maker. 4. An edge is nothing more than an indication of a higher probability of one thing happening over another: use it as an indication, don’t add random variables to your trading system. 5. Every moment in the market is unique: The best Traders have trained their minds to believe in the uniqueness of each moment. The Stronger you believe in the essence of the moment the lower your potential to associate. The Lower your potential to associate, the more open your mind will be to perceive what the market is offering you from its perspective. - Long-term Survival is critical! Outlast your enemy.
I admit when he first started speaking I wasn't sure I would sit through the whole episode. That changed real quick. Thanks for this episode and kudos to Yvan for being such an effective communicator!
This and the episode with Sunny were phenomenal. I have one bit of feedback. I would love to see more regular stock trading podcasts as opposed to options and quant trading etc. A good mix would be ideal.
Hello brother. I am learning from you. You are good teacher. I am buying fundednext account but not sure if evaluation or express is good? help me please
He’s saying uncertainty consistently engages traders emotionally, although most are not intuitively aware of the link. He’s saying forming well thought out rules, managing emotions and finding the right balance between these is what disciplined and “consistent” traders do.
She sounds like an amazing person with a pure heart and a good character with good intentions. You probably have been conditioned to connect her voice with something other than her true character. So that is something you have to work out.
Hi everyone. i learn alot from you. i am a vwap trader. means only vwap nothing else in my life. i just want to know one thing, if i trade with vwap should i follow trailing stop-loss or i just get out from trade below vwap. that it i want to know. thanks you in advance MR, Yvan answer me or any other trader. @chatwithtraders @ChatWithTradersPodcast
One of the best interviews for me so far. This is where the rubber meets the road.
SO excited for this one...been following trading composure for a while and never knew who it was!!!
Lovely episode. I could listen to Yvan the whole day. Love his work.
1. Anything can happen: Have Zero expectations. It only takes one trader to negate a positive outcome of your edge. Any expectations cause conflict within us.
2. You don’t need to know what is going to happen next to make money: The odds are in your favor before you put on the trade. It's a probability game when concepts like right and wrong or wins and loss no longer have the same significance. Your expectations will be in harmony with the possibilities. Head and Tails...EVERY LOSS PUTS YOU CLOSER TO A WIN
3. There is a random distribution between wins and losses for any given set of variables that define an edge: If every loss puts you closer then you have no fear carrying you into the next trade, don't let fear and hesitation make the decision, don’t be on autopilot, be a decision maker.
4. An edge is nothing more than an indication of a higher probability of one thing happening over another: use it as an indication, don’t add random variables to your trading system.
5. Every moment in the market is unique: The best Traders have trained their minds to believe in the uniqueness of each moment. The Stronger you believe in the essence of the moment the lower your potential to associate. The Lower your potential to associate, the more open your mind will be to perceive what the market is offering you from its perspective.
- Long-term Survival is critical! Outlast your enemy.
RIP to the great Mark Douglas
May his soul Rest in Eternal Peace. Mark Douglas
Good
General
1. Tharp Concepts / Psychology
2. Position Sizing / Heuristics, Cognitive Biases, & Logical fallacies
Trading in the Zone
Really helpful interview. Yvan has a unique perspective on trading that I resonate with.
Thank you so much for this interview, I am more than blessed by this❤
You have to be at a certain stage in your trading career to really appreciate this interview. Pure gold
Great interview ,I follow Yvan on Twitter and he is consistent with his message
Thank you
Amazing truly amazing channel. Thank you for taking the time and sharing such value !
Exceptional overview
Wow, this is awesome episode ...
4th time listening so many gems 💎
Really awesome interview
Good interview!
I admit when he first started speaking I wasn't sure I would sit through the whole episode. That changed real quick. Thanks for this episode and kudos to Yvan for being such an effective communicator!
Where is Mr. Aroon Fifield? His interview was excellent. Very very experienced interviewer.
SUPER
That's a lot of uncertainty! :D
I'm under the impression you need to get comfortable with it.
This and the episode with Sunny were phenomenal. I have one bit of feedback. I would love to see more regular stock trading podcasts as opposed to options and quant trading etc. A good mix would be ideal.
Thank you, this was worthy it.
To be systematic and disciplined is exactly what works. Took me years to understand that.
the psychological core of trading is kinda depressing, in all honesty, its hard to love
@0:56 she describes my trading
Hello brother. I am learning from you. You are good teacher. I am buying fundednext account but not sure if evaluation or express is good? help me please
Hi Ian , mind to ask where is Arron ?
Aaron retired from the podcast a few months ago after running it for 7+ years to spend more time with his newborn and focus on his trading.
@@nicholasbradburn9492 Thanks for your reply .
41:49
Is this guy saying that the market is uncertain?
He’s saying uncertainty consistently engages traders emotionally, although most are not intuitively aware of the link.
He’s saying forming well thought out rules, managing emotions and finding the right balance between these is what disciplined and “consistent” traders do.
ASMR Trader
Got no problem with her voice but it distracts me, to be honest.
how so?
I think the cause of that distractions is in your mind
You have no problem with that but still hinders you. Its all simply informations bugging you. You must have to fix that to enhance your focus
She sounds like an amazing person with a pure heart and a good character with good intentions.
You probably have been conditioned to connect her voice with something other than her true character. So that is something you have to work out.
Hi everyone. i learn alot from you. i am a vwap trader. means only vwap nothing else in my life. i just want to know one thing, if i trade with vwap should i follow trailing stop-loss or i just get out from trade below vwap. that it i want to know. thanks you in advance MR, Yvan answer me or any other trader. @chatwithtraders @ChatWithTradersPodcast