When Day Trading Finally Made Sense (Mindset, Psychology & Motivation)

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  • Опубліковано 9 лис 2024

КОМЕНТАРІ • 197

  • @I_amjoyce0
    @I_amjoyce0 Рік тому +95

    Once again another 🔥 video !!
    IMO, Trading is a business in which risk management differentiates the newbies from the pros. I've been at it for 1.5yr now, it wasn’t all easy at the onset however it is safe to say I’m consistently profitable…

    • @StanHopson
      @StanHopson Рік тому +1

      What’s working for you ?
      I’ve been at it 2yrs now … but I’m still in loss.

    • @I_amjoyce0
      @I_amjoyce0 Рік тому +7

      Closed off last year profitable! And thus far this year has been green too.
      Jan 2023: +$42,330
      Feb 2023: + $29,233..
      Trading is inherently risky and more of a psychological business but, tbh I believe it all boils down to how u approach the markets.

    • @henrymitchell9717
      @henrymitchell9717 Рік тому +2

      Watching this video as a 30 y/o feels like going with my Dad to the bank as a 5 y/o and hearing his discussion with the financial advisor on RRSPs. Any good resource you'd recommend? Trading seems unreal, it's extremely intricate and overwhelming.

    • @I_amjoyce0
      @I_amjoyce0 Рік тому +4

      People underestimate how valuable structured knowledge is. Is free information available? Sure! But how much time and (probably) money would a beginner end up wasting trying to make sense of all the books and youtube videos, many of which contradict each other?

    • @I_amjoyce0
      @I_amjoyce0 Рік тому +7

      Do understand I am no pro but working with one has proven that experts aid unequivocally brings about lucrative returns. I've found success with 'Kevin S. Mikan', a licensed veteran trader and his systematic strategies ensure I benefit irrespective of the irregularities on the market.

  • @mohamedjama4310
    @mohamedjama4310 Рік тому +6

    My God time flys. I remember watching ur videos like two years ago...I still get notifications and periodically watch u still. I'm not driving a lambo yet, but believe me I quit my job and just wanted to personally thank you for doing what u do bro!

  • @MiHiHemi
    @MiHiHemi Рік тому +31

    I’m a newbie swing trader. Been strictly paper trading for over a couple of months now. Quite the eye opener on my particular mindset. I think I’ll be continuing on paper for a while more until I start seeing consistent profit with confidence. Mindset and reliable strategy is HUGE... thank you!

    • @forexlord2550
      @forexlord2550 Рік тому +8

      After you have continue seeing consistent profit in demo then the real trading comes to live account,is another journey on his own 😊. Best of luck

    • @freewebb2974
      @freewebb2974 Рік тому +5

      Paper trading does not emulate real life, no mater how long you paper trade. Develop a system and stick to it with as few indicators as possible!!!

    • @dieterich6533
      @dieterich6533 Рік тому +7

      I’ve been trading for awhile now, you might have to practice for a couple years to be in a sustainable place. Also, paper trading is easy. Real trades don’t get filled at same prices and your subconscious knows real from paper trades. The psychological effects are magnified so even if you get the paper trades right, you could still be years away from the real world trading success.
      Nothing compares to live money trades. Just use small amounts because you MUST fail often as a learning experience. There’s no short to the process unfortunately.

    • @jtbear77
      @jtbear77 Рік тому

      Rande Howell is the best

    • @harshpunkFX
      @harshpunkFX Рік тому

      Don't waste time try to practice with cent account forex paper trading not work until you have real money

  • @africanlion5912
    @africanlion5912 Рік тому +4

    "Changing your system means you're opening it to other potential losses" this one has been a gem for me,, thanks for the video.

  • @worldsecrets7812
    @worldsecrets7812 Рік тому +8

    When I started to understand the market behaviour i really discovered myself into the market. Is wasn't the information our something else that did me loser it was mind set.. . The way I'm still achieving my consistency is because I don't stop to study every single day, that's the key guys

  • @ashrafadel3476
    @ashrafadel3476 Рік тому +15

    Thank you as always, great reminder. I encourage everyone reading this comment to read the trader psychology bible "Trading in the zone", and to read it multiple times, it'll radically upgrade your mindset to a trader compatible one. Good luck!

  • @trading_HT
    @trading_HT Рік тому +2

    Risk management and trading psychology, the most important elements in trading 💪💪

  • @cwilliams1781
    @cwilliams1781 Рік тому +4

    I had to watch this twice... These tips touched my core. 🙏🏼💯🔥

  • @andrewereynolds5840
    @andrewereynolds5840 Рік тому +1

    The Secret Mindset is one of the best trading podcasts out there!!!

  • @TheSecretMindset
    @TheSecretMindset  Рік тому +7

    ► Join TSM Academy: thesecretmindset.podia.com/academy
    ► FREE TradingView Pro with BlackBull Markets: go.blackbull.com/visit/?bta=35247&brand=blackbull

    • @souradeepbhowmick6001
      @souradeepbhowmick6001 Рік тому

      Helpful content as always. What is the background music you used in most of your videos? Its sick

    • @Play4Vida
      @Play4Vida Рік тому

      I think big whales use AI to do it's trading... this is a known fact. Common people are trading against a always-learning machine. How are you going to beat a mega whale AI that sees your entries and learns when you go in?
      We all know that the AI hunts stop-losses so what makes you think it won't go against your entries without stop-loss as well?
      This is why 9 out of 10 traders lose everything.

  • @Will-m4e
    @Will-m4e Рік тому

    This is the best trading training channel on UA-cam

  • @treelee2668
    @treelee2668 Рік тому +1

    I don't have money to invest in market but i learn alot how to win lot from trading. U made trading very easy for me. Thanks alot from Kashmir

  • @anilpanwad
    @anilpanwad Рік тому +1

    Much much much needed videos
    Please 🥺 please
    I beg you to have regular series on psychological videos

  • @emmanuelchidera1655
    @emmanuelchidera1655 Рік тому +1

    This video is really Gold, this is what am lacking in my Trading

  • @muratc.3789
    @muratc.3789 Рік тому +1

    One of the best videos in this channel. It is definitely a keeper.

  • @niro56
    @niro56 Рік тому

    Never too many reminders to follow good practices. Thank You.

  • @mrlawson4595
    @mrlawson4595 Рік тому

    Master one strategy is more than enough. You become the god of that srategy

  • @lucaspaciello866
    @lucaspaciello866 Рік тому +1

    As a new investor, it's important to remember that investing and trading require more than just technical analysis skills.

    • @jacnelson3423
      @jacnelson3423 Рік тому

      Marnell English is one of the best traders. I was able to make up my loss with her strategy in the fall and her daily signals are 90% sustainable. It was very easy compared to other programs I've used in the past.

    • @normandholland8374
      @normandholland8374 Рік тому

      Most people do not know that trading is the best step to growing more income . I realized this after I came across Marnell English

    • @dorothyweller7736
      @dorothyweller7736 Рік тому

      I’m a great follower of her service, I use it from time to time

  • @jumpyslice12
    @jumpyslice12 28 днів тому

    i bow to u sir this video hit every nail for me its back to the lab time to become even more profitable

  • @Thegreencandle2024
    @Thegreencandle2024 Місяць тому

    This channel is so amazing ..he's like a stock preacher

  • @pinglin2827
    @pinglin2827 Рік тому +1

    thank you, that is so helpful to know about oneself.

  • @tania.1.618
    @tania.1.618 4 місяці тому

    I really enjoy your videos, this one of my favorite channels about trading overall. Your content brings a different perspective in a distinctive style. Everything is explained clearly on a more intelligent level.

  • @Johnson1169
    @Johnson1169 Рік тому +2

    I trade exactly how you explain in this video. Thanks for confirming that I am on the right track when it comes to trading, also thanks to you for helping me become the trader that's explained in your video. Strictly price action and volume for me no offense to indicators.

  • @florentinamatei8514
    @florentinamatei8514 20 днів тому

    Ty, Mister! Absolutely amazing! It's easy to see that everything you have told us comes from your own experience of the work and effort you have put in. I could relate to many of the points you raised. Most of the time I chose to blame everything else not me, I was trying to add or cut something from a technical point of view, and in fact I remained in the same vicious circle, because it was maybe hard to assume that the failure was due to me alone. Your dedication helps us a lot. Good job!

  • @zdenekcoufal2746
    @zdenekcoufal2746 Рік тому +1

    Good memory for patterns
    Passion for trading
    Analytical thinking
    Poor patience
    Fear that I will miss the opportunity
    Fear that I will lose the profit I have made

  • @simoneneft3286
    @simoneneft3286 Рік тому +2

    Liked before seeing it, because I KNOW it's gonna be good👍

  • @kotreshkumar4636
    @kotreshkumar4636 Рік тому +1

    Blessed to see your valuable contents.. Thanks a ton.. Love from India ♥️♥️

  • @SisandaButhelezi-fb9ib
    @SisandaButhelezi-fb9ib 2 місяці тому

    This is an extremely insightful, helpful and relevant video. Great Video - THANK YOU!

  • @wizdomodoki6683
    @wizdomodoki6683 Рік тому +1

    Everything is aptly said. Thanks for this video. I'll watch it again and again

  • @dianamarques8643
    @dianamarques8643 Рік тому

    i love yours videos very teaching but it would be great if one day you make one video about the moment let us know what is the next move . Telling what the past charts have done is easy , but knowing the future is another level

  • @dimassmith1488
    @dimassmith1488 Рік тому +1

    I really needed this information now. Thanks a lot!

  • @Cheetoziinakafomo
    @Cheetoziinakafomo Рік тому +1

    Thank you for these videos man!! Awesome content !! Glad I found you!

  • @MultiSumitro
    @MultiSumitro Рік тому +1

    Each and every word is true.

  • @akashbhatt4265
    @akashbhatt4265 Рік тому

    BEST PSYCHOLOGICAL VIDEO..............THANK YOU........SIR

  • @duweenz1
    @duweenz1 Рік тому

    You are simply amazing. Your teaching is the real truth when it comes to trading. The best teacher ever. I am learning many things from Secret Mindset. Watched almost every video once and now ready for the second round. My ultimate goal is to join the ACADEMY and to learn from the best ever. But i dnt have the money for that. And i started saving for it. It might take some times but i will do it any how.
    A HUGE THANK YOU Marius ❤

  • @ss9245c
    @ss9245c Рік тому

    very good advice, i will watch this video over and over to become better, thanks.

  • @chuckmorgan9829
    @chuckmorgan9829 Рік тому +1

    All great points. Thank you

  • @hksunshine1573
    @hksunshine1573 Рік тому

    Very good video. But the voice is very deep. I struggle to listen. Need to turn the volume to highest. Can you do a video about trading psychology or steps of drafting a trading plan ? ❤❤

  • @Heartbeat-xf2id
    @Heartbeat-xf2id Рік тому

    What a mind-blowing video. Thank you as always I have learnt a lot from your video.

  • @leandrew341
    @leandrew341 11 місяців тому

    Amazing and very helpful video, thankbyou fornthe value

  • @sayedomar1983
    @sayedomar1983 Рік тому +2

    Great work as always Marius. Thanks.

  • @wilfhigginson465
    @wilfhigginson465 Рік тому +1

    “Not having position is a position” Sold the top in oil in January, not buying dips has been an even better “trade”

  • @Sheeshani
    @Sheeshani Рік тому

    Thank you for your invaluable efforts Marius. Could you please make a video on order flow trading - for example, I see a lot of 'educational' videos on order flow trading but in the actual fact they're just advertising their systems. I hear a lot of institutional traders talk about the uselessness of common indicators and charts...what is your stance on this?

  • @zen.tradera.715
    @zen.tradera.715 Рік тому +1

    you sir are amazing,thanks for all your lessons

  • @kiraa_
    @kiraa_ Рік тому +1

    bombaaa video!!! love it! 😍😍

  • @DepartmentGoodStuff
    @DepartmentGoodStuff Рік тому +1

    Bravo again for the great content that You are creating. Your work does matter 😉

  • @kaizzeart6659
    @kaizzeart6659 11 місяців тому

    I learned that trading is like a diet or workout plan. The successfulness of a plan is down to the individual not the plan itself

  • @michaeltallie4266
    @michaeltallie4266 Рік тому

    Damn, I felt the part when you said you may have the near perfect trading strategy but don’t know because you changed it based off a loss.

  • @lmbt456
    @lmbt456 Рік тому

    Pls make more videos on BANKNIFTY trading for Indian market

  • @ARES.PRODICTION
    @ARES.PRODICTION Рік тому

    You're a legend bro ❤

  • @alifetomake
    @alifetomake Рік тому

    "Unexpected news events" ? Oh, you mean yesterday's rally? Had I not been already in a bearish position, and very stubborn, it would have been a very great news! 😬😁 You're right, I need to work on that...

  • @drukpakunley5659
    @drukpakunley5659 Рік тому

    The Truth is Stranger than fiction ....

  • @rootduk
    @rootduk Рік тому

    Great analogies of the mind!

  • @czech-street-workout4193
    @czech-street-workout4193 Рік тому

    The best way after 6 years for me is to set a number of pip / week you can easily hit .. for me 50 pip is easy achieve especially GBPUSA .. then practice your entries FOR 6 MONTHS .. get straight ITM and exit at 50 .. even if trade look go mucj further .. you will be consistant that way .. then instead of trying to get mucj pip as u can like everyone else .. you simply start increasing lot size as account grow .. your compounded account will grow like mad while you stay just focused on small SURE 50 pip / week.

  • @garyhennessey3621
    @garyhennessey3621 Рік тому +1

    Great video, great lessons!

  • @vipstudio9315
    @vipstudio9315 Рік тому +1

    Great 👍🏽 advice

  • @deze8467
    @deze8467 Рік тому +1

    Excellent!

  • @jonnysantos5074
    @jonnysantos5074 Рік тому +1

    Great content

  • @ramakantmahato3273
    @ramakantmahato3273 Рік тому

    One of your follower from india

  • @swjani
    @swjani Рік тому +1

    Well presented

  • @sycorax7743
    @sycorax7743 Рік тому

    Did VSA by ana coulling change your trading career?

  • @Amazonproduct4528
    @Amazonproduct4528 Рік тому +1

    I like your channel

  • @srf2112
    @srf2112 Рік тому

    Competence in trading is far more mental and far less about technical skills. The best traders will invariably be the best psychologists with the most thorough and accurate self understanding. Most traders do not realize this let alone work at strengthening this aspect.

  • @nameless2407
    @nameless2407 Рік тому

    “Some of the best trades in life are the ones you don’t take”. Wow

  • @archravenineteenseventeen
    @archravenineteenseventeen Рік тому

    Now I know why there is not a subject in highschool or in college for trading.
    Because nothing stays true. The market always changes and to each on their own.

  • @Ghosted760
    @Ghosted760 Рік тому

    I need to hear 0:42.... 10x over and over.

  • @UVdaGreat
    @UVdaGreat Рік тому +1

    🔥 You need Edge

  • @YTKB75
    @YTKB75 Рік тому +1

    extremely valuable 👍👏

  • @billtutun5022
    @billtutun5022 Рік тому

    As always ❤❤

  • @RHariPrasad
    @RHariPrasad Рік тому

    Good evening sir

  • @Play4Vida
    @Play4Vida Рік тому +1

    I think big whales use AI to do it's trading... this is a known fact. Common people are trading against a always-learning machine. How are you going to beat a mega whale AI that sees your entries and learns when you go in?
    We all know that the AI hunts stop-losses so what makes you think it won't go against your entries without stop-loss as well?
    This is why 9 out of 10 traders lose everything.

  • @Rytisp69
    @Rytisp69 29 днів тому

    I remeber all week i get 67%win rate, in 7h i remeber i make 4500$ now loss loss every day i think im overtrade, feel pain to much loss, how much time i need relax and not trade?

  • @bloatedtonydanza7798
    @bloatedtonydanza7798 Рік тому +1

    He’s literally me 😂

  • @anilpanwad
    @anilpanwad Рік тому +1

    Same video heading changed

  • @rumman553
    @rumman553 Рік тому +1

    brooo, the thumbnail of this video is different while scrolling and is different on my notifications. did anyone notice

    • @TheSecretMindset
      @TheSecretMindset  Рік тому

      Yes, experimenting with different thumbnails and titles 👍

  • @abhisheksharma1020
    @abhisheksharma1020 Рік тому

    INDIA

  • @Snakewiffnoodles
    @Snakewiffnoodles Рік тому

    Without Risk Management And Trade Without Discipline ,You Cant Win In The Markets .And It Will Eat You .

  • @sharles_shaenne
    @sharles_shaenne Рік тому

    brasil

  • @KingSportPOV
    @KingSportPOV Рік тому

    ❤❤❤❤

  • @wbutcher-wl6qc
    @wbutcher-wl6qc Рік тому

    🤜🤛💥

  • @anphu8303
    @anphu8303 Рік тому

  • @mrlawson4595
    @mrlawson4595 Рік тому +1

    To be a very good trader.. you need to empty your mind..

  • @hendryjay9306
    @hendryjay9306 Рік тому

    Pertamax, first

  • @mrlawson4595
    @mrlawson4595 Рік тому +10

    U need real money dude to train your mindset. Paper trading is not gonna help

    • @ChippyRace
      @ChippyRace 5 місяців тому

      I agree 10000%,a demo account is never going to help you

    • @bioshock9998
      @bioshock9998 2 місяці тому

      Its like shadowboxing vs a real sparring match for a combat sport. Same analogy with other things. I don’t believe in the “papertrading until you’re profitable”. I think you should trade real cash or do both.

    • @jagadeeshparuchuri9579
      @jagadeeshparuchuri9579 Місяць тому

      That’s where backtesting comes into play

  • @forexplorer
    @forexplorer Рік тому

    Thanks - always looking to improve. Not easy to become profitable. I've posted a screen shot of my Jan 2023 Forex trading account statement on my UA-cam Channel if interested.

  • @letsrock4943
    @letsrock4943 Рік тому

    you should fix your mick i like your video but you voice just buooop bhuooopp

  • @陳怡安-z1q
    @陳怡安-z1q Рік тому +1

    All great points. Thank you