The 3 Pillars of Successful Traders

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  • Опубліковано 1 жов 2024
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    Do you know why most traders get stuck in unprofitable loops?
    They have missing gaps in their trading that can easily be addressed by learning about all 3 pillars of becoming a successful trader.
    By the end of the episode, I'm confident you're going to have such a clear understanding and finally have clarity as to what pillars you need to focus on to get to the next level.
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    #FalconFX #Forex #Trading

КОМЕНТАРІ • 124

  • @connorsmith5951
    @connorsmith5951 2 роки тому +44

    If I ask a room full of traders what’s the most important aspect, you’ll all say 90% psychology…so why are you only working on the 10% 🥵🔥

  • @chuksibeke4769
    @chuksibeke4769 2 роки тому +11

    The Best Mentor in the Forex Industry... Thanks Mark for always reminding us on the importance on Psychology...

  • @NaijaEntertainmentVideos1
    @NaijaEntertainmentVideos1 2 роки тому +2

    Thank You Sir for always helping people know the truth about trading, you’ve change my trading journey to clarity, GOD Blessed You.

  • @brandonspark-
    @brandonspark- 2 роки тому +4

    I think psychology becomes a hard thing for people to address because it's harder to address the black and white actionable strategies to work on.
    For example if you identify that you have a limiting belief or a lack of self confidence or poor self-image. What then?
    Many people are happy to talk about it and can agree that it needs to be worked on, but 99% of people don't know how to work on it even if they wanted too. (including myself).

    • @FalconFXTrading
      @FalconFXTrading  2 роки тому +1

      Of course, Brandon. This totally makes sense, but even from a strategy/technical perspective it isn't always black and white as you suggest. Things are figured out through iterations, trial and error, changing your state, self-talk, beliefs, orienting yourself towards a worthwhile cause and noble aim, etc. etc. We're happy to help address these things in the membership, and we have content like this video to help in the meanwhile: ua-cam.com/video/Y59XmlemeZ0/v-deo.html

  • @6figuregeneration574
    @6figuregeneration574 2 роки тому +4

    Great value thanks Mark ,honestly if i knew the importance of psychology in trading i would have started with it for me it's 95% psychology and 5% technicals and i only came to this conclusion yesterday . But overall thank you Big S\O

    • @FalconFXTrading
      @FalconFXTrading  2 роки тому

      That's awesome! Congrats on coming to such an important conclusion. Keep us updated on your journey!

  • @emmazayn4283
    @emmazayn4283 2 роки тому +4

    My life in forex journey has been a roller coaster until I came around falcon ....thank you mark you're a blessing not everyone will give out this knowledge on here ..I love you

  • @DivineOneLove-11
    @DivineOneLove-11 2 роки тому +1

    Abuti, that means brother in my language. I have been struggling sso much to juggle work and trading, I know I can do it, but I don't have a structure or an idea of how to place priorities within the daily 24 hours. Please advice where you can Mark. I do not want to just quit my job hoping that once my time is cleared, then I'll be able to utilize it well to my advantage, no. I want to be able to use the little time I have, which requires discipline and CLEAR GOALS as you have mentioned. How do I go from HERE to get THERE?

    • @FalconFXTrading
      @FalconFXTrading  2 роки тому +1

      It sounds like you have the answer inside. It's just a matter of defining those clear goals for yourself so you can justify spending the time and energy on trading! Without a clear destination, you'll be more likely to choose relaxing, focusing on down time rather than funneling focus into trading.

  • @bigv6250
    @bigv6250 2 роки тому +1

    Hello my Dear friend, i would like to ask you couple of questions because could not find any way to contact you.
    1. What amount of money do you need to start with at minimum?
    2. What is your journey of beginning and how much you started with?

    • @FalconFXTrading
      @FalconFXTrading  2 роки тому +1

      Hey there! Thanks for your questions.
      1. Although there is no minimum recommended amount, many of our students begin trading with £1000 or more. Eligible members of the Falcon community will also have an opportunity to become funded traders by a third-party fund exclusively through Falcon.
      2. Check out Mark's backstory here: ua-cam.com/video/2cbAz_Ix-T4/v-deo.html

  • @mbhewenhlesitholembewu1105
    @mbhewenhlesitholembewu1105 2 роки тому +2

    I haven't been profitable for close to 7 years but Im so confused whether to quit or not

    • @FalconFXTrading
      @FalconFXTrading  2 роки тому

      It could just be that you've been approaching it the wrong way!

  • @lwazilwenkosingidi1823
    @lwazilwenkosingidi1823 2 роки тому +1

    Thank u mark help my mind a lot thanks

  • @ivoryuugwanga4307
    @ivoryuugwanga4307 2 роки тому +9

    Liverpool is a great example, Jurgen Klopp has made an inconsistent team to being the best consistent winning team in EUROPE. You can have one of the best strategies in the world yet still be inconsistent. The way my mind shifted, I am a big fan of the falcon community and I love it here. Focus on one strategy that you resonate with and become the best that you can be. Losses will always be a part of the market for us to grow. 💥I love losing in style, the best feeling ever.💯

    • @FalconFXTrading
      @FalconFXTrading  2 роки тому +2

      Nicely said!
      "I love losing in style, the best feeling ever." - This takes REAL maturity. Congrats on having these beautiful realizations and keep us updated on your journey!

    • @ivoryuugwanga4307
      @ivoryuugwanga4307 2 роки тому

      ​@@FalconFXTrading Thank you all the way from Namibia see you soon💯😇

    • @uigrace5266
      @uigrace5266 2 роки тому

      Damn!
      This guy be dropping reassuring comments like nothing😅
      Thanks mate!

  • @Isbedel2023
    @Isbedel2023 2 роки тому +1

    3 important in fx so that thanks mark

  • @pramodtripathi6053
    @pramodtripathi6053 2 роки тому +3

    Key ingredients for consistency and high quality of life.. Thank you mark(big brother) for each and every valuable words.. And yes always moving with this 3 refinement.god bless brother💙

  • @Nxebs_fx
    @Nxebs_fx Рік тому +1

    Keep up with this Mr Mark ❤

  • @bonifaceobasi4341
    @bonifaceobasi4341 2 роки тому +3

    Life changer, I respect you a lot man, my life started changing just by listing to you. May God reward you for all the good works.

  • @alamkhan-oh9jf
    @alamkhan-oh9jf Рік тому +1

    More simple videos 🎉

  • @DivineOneLove-11
    @DivineOneLove-11 2 роки тому +2

    Please do more of these white board on the table, they're refreshing. 🤲🏾👌🏾

  • @nicholas9129
    @nicholas9129 2 роки тому +3

    God bless you Mark for the great work you are doing, your videos are really changing my way of looking at the market and my mindset

  • @krisyovita8215
    @krisyovita8215 2 роки тому +2

    Great video Mark

  • @bonginkosingomane6922
    @bonginkosingomane6922 2 роки тому +2

    falcon or nothing

  • @ikelite6402
    @ikelite6402 2 роки тому +1

    I appreciate this lecture.
    Thanks to falcon.

  • @mrvip866
    @mrvip866 Рік тому +1

    Powerful

  • @onesmaskimutai5450
    @onesmaskimutai5450 2 роки тому +1

    Looking at yourself in the mirror is the hardest thing to do,its easy to blame others or the system

  • @milavlogs9279
    @milavlogs9279 2 роки тому +3

    If I ask you a question
    What entered psychology and trad ?
    I'm really confused about that
    Thank you so much sir
    Keep up

    • @FalconFXTrading
      @FalconFXTrading  2 роки тому

      Hey! Thanks for your question. May I ask you to elaborate? I'm not sure what you're specifically asking about.

  • @TeologíaCristiana
    @TeologíaCristiana 2 роки тому +1

    Amzing ,

  • @bokangbk9752
    @bokangbk9752 2 роки тому +1

    It's about constant refinement. .

  • @raymondbrown841
    @raymondbrown841 2 роки тому +2

    Bumping unto this channel in the middle of last year was the best thing gotten from UA-cam yet. I have been able to get a firm grip of my emotions and trust the work I put in to analyse a trade. Like u said, I get so rewired when a new episode drops. Thank you Mark 🤝

    • @FalconFXTrading
      @FalconFXTrading  2 роки тому

      That's awesome for us to hear, Raymond. Thank you so much!

  • @femiolanipekun3167
    @femiolanipekun3167 2 роки тому +1

    Why is that Falcon statue looking at me like It remembered my face like I once touched her egg? 😂

  • @liyemasibizo3529
    @liyemasibizo3529 2 роки тому +2

    Thank you for this awesome video Mark,🙌❤

  • @sulemanlubanga2616
    @sulemanlubanga2616 2 роки тому +2

    Thanks again Mark...you are right I watched your videos and I started doing what you've said and I could make money but by ignoring the psychology part...for sure I had that scaling mentality...so I said to myself that am going to use your strategy and your trading plan but not the psychology 😉 guess what!I can make 100$ in two days with capital of 20$...and loose 50$ next day after next blowing the account!I just discovered right now where I was wrong after watching this video...God bless you 🙌

    • @tirelofreddie9898
      @tirelofreddie9898 2 роки тому +1

      same applies to me i really lack phycology and i need to surpass it ..

    • @FalconFXTrading
      @FalconFXTrading  2 роки тому +1

      That's a beautiful realization to come to! Thanks for your willingness to improve and strive to become a better trader. Keep us updated on your journey!

    • @FalconFXTrading
      @FalconFXTrading  2 роки тому +1

      Just keep on improving and learning!

  • @damienjohnson8711
    @damienjohnson8711 2 роки тому +1

    Great content Mark.

  • @godsonchibu4275
    @godsonchibu4275 2 роки тому +2

    Really love ur content bro...God will keep blessing you big time

  • @wilsonlaris3901
    @wilsonlaris3901 2 роки тому +2

    Mark, I love you so much. Everything that comes out of your mouth is truth.

    • @FalconFXTrading
      @FalconFXTrading  2 роки тому +1

      Far too kind, Wilson! Thank you for watching 🙏

  • @philandlovu8707
    @philandlovu8707 2 роки тому +1

    Thanks Mark

  • @kc_pele
    @kc_pele 2 роки тому +1

    wonderful

  • @uigrace5266
    @uigrace5266 2 роки тому +1

    Omo..
    Falcon always showing up with the "missing links" in my psychology. Top notch content every time on here. Can't wait for the next! Thanks you sire. Respect from Nigeria!

  • @Hippowalker0
    @Hippowalker0 2 роки тому +2

    Thank you for this episode, we need more of this 🌹

  • @YonsFX
    @YonsFX 2 роки тому +1

    Amazing

  • @dibsonevrthn511
    @dibsonevrthn511 2 роки тому +1

    Hi Mark, dope vid as always. Please use a black marker as the green is not really visible. "Once you know your system well enough you have clarity. Once you have clarity and you have tested it you can put it in the trading plan. Once you are clear on the trading plan you can execute on it and you will be tested on whether you can execute on those decisions flawlessly without bringing too much emotion in due to past losses" . Thank you :)

    • @FalconFXTrading
      @FalconFXTrading  2 роки тому

      Thank you very much for your kind words and your meaningful feedback! It truly means a lot 😊

  • @Isaac_Winston
    @Isaac_Winston 2 роки тому +1

    Awesome

  • @Roobleh
    @Roobleh 2 роки тому

    The Falcon Trading Plan is almost 15 Pages and Mark says your trading plan should not be more than 5 Pages.

    • @FalconFXTrading
      @FalconFXTrading  2 роки тому

      Hi Osman - We don't have a one-size fits all "trading plan," and that certainly wouldn't be 15 pages long. May I ask what you're referring to?

  • @jeffersonsichalwe8480
    @jeffersonsichalwe8480 2 роки тому +2

    Can’t wait for the refinement of the falcon strategy.

  • @chess.mikey._
    @chess.mikey._ 2 роки тому

    how do you analyze nas100 and us30

  • @kaurimanapuriza413
    @kaurimanapuriza413 2 роки тому +1

    Number takeaway today is the importance of reading psychology books

  • @zalmaanisack6139
    @zalmaanisack6139 2 роки тому +1

    "people ignore this part ( psychology) I don't know why "
    Mark

  • @nhlanhlandlela2219
    @nhlanhlandlela2219 2 роки тому +1

    thanks Mark for sharing such a valuable information, Indeed these are the three pillars.

  • @mujtabahan5097
    @mujtabahan5097 2 роки тому +1

    Wisdom wisdom wisdom! Wise one will take the nuggets out from it. Idiots will just watch either for the sake of watching or to create hateness! 🥵

  • @oscartshepo946
    @oscartshepo946 2 роки тому +1

    Thank you for your great consistent content Mark, I've leveled up so much since I hit that subscribe button 💯👍

  • @neophasha9785
    @neophasha9785 2 роки тому

    I beg to differ on the part when you say a trading plan must be 1 page long. I went with that (you had a similar video a while back) and worked on the 3 pillars, became funded, got a couple of payouts, but I was always worried with my technicals because it had too much room for discretion, so my trading plan adherence was discretionary too, so I had to learn more technical stuff so that I have a fully mechanical trading plan and 1 page didnt do my rules justice. So moral of the story, try to keep your trading plan simple, not necessarily short, definitely not long.
    There's 2 video ideas: "mechanical and discretionary trading", and "how to measure your trading plan adherence(how well you follow it)"

  • @mayank-p4e
    @mayank-p4e 2 роки тому +1

    you are the best MARK, it's great to have you as a mentor
    thanks for the video

  • @SBoSTS
    @SBoSTS 2 роки тому +1

    You just low key shared a huge game changer hack🤞. Thank you brother

  • @dukakismulubwa8920
    @dukakismulubwa8920 2 роки тому +1

    Educative and elaborative mark. Thank u!

  • @lihlemathobela1718
    @lihlemathobela1718 2 роки тому +1

    Thank you so much for so much value from Mark and Falcon FX Team!
    So what does working on psychology really mean? Have a better self-esteem?

    • @FalconFXTrading
      @FalconFXTrading  2 роки тому

      It's way deeper and more meaningful than that. It would be easier to name what working on your psychology doesn't apply to 😅 It changes everything, from being more decisive in your trades to having more confidence as an individual to prioritizing your time and money correctly to being properly oriented in life.

    • @lihlemathobela1718
      @lihlemathobela1718 2 роки тому

      @@FalconFXTrading Thank you for you for your time to write that, I have an idea of what psychology really means now...

  • @kaurimanapuriza413
    @kaurimanapuriza413 2 роки тому +1

    Always learning something from Mark

  • @thatomabunda1189
    @thatomabunda1189 2 роки тому +1

    The white board lessons are always the best and easy to break down

  • @ishmaelphetola4102
    @ishmaelphetola4102 2 роки тому +1

    What the name of the book?, i can only see (the CHIMP), whats the last word??

  • @profoundforexacademyprofx8129
    @profoundforexacademyprofx8129 2 роки тому +1

    Wow this message is powerful sir

  • @tombenjamin3715
    @tombenjamin3715 2 роки тому +1

    Mark said it all

  • @waligeymailoobo8651
    @waligeymailoobo8651 2 роки тому +1

    Thank you sir

  • @siphelelemhlungwini4857
    @siphelelemhlungwini4857 2 роки тому +1

    THANKS MARK

  • @isaacyeboahobuobi3840
    @isaacyeboahobuobi3840 2 роки тому

    I have finally given up after seven years of learning FOREX trading.

  • @MansLikeMaghana
    @MansLikeMaghana Рік тому

    ✔✔✔✔✔✔✔✔✔✔✔✔✔✔✔✔✔✔✔✔✔✔✔✔✔✔✔✔✔✔✔✔✔✔✔✔