1) focus on the process of trading and perfect excecution (Not the last trade or the next trade - focus on this one) 2) buy when it its going down, pullbacks 3) dont hold on to losers too long 4) dont ignore market direction
One day. Working on it. With a full time business and 3 kids and 1 smoking hot wife. Life is busy, but I’m studying the charts and strategies constantly. Congrats!
Method, Money-Management and Mind are the three M-words that can turn you into a successful trader. Once you have a base, of course, it’s great to keep learning. But it only gets easier and rewarding (:
Here’s my 50 cent on the financial markets you can trade any chart any asset. Like any other profession in the world theory alone is not enough you need the experience. A doctor isn’t one till he does his residency to observe and learn. Professionalism is CRUCIAL
My problem is I started so good I thought I was invincible. My first swing I made almost 300% and thought I was just a genius I was humbled very quickly when I realized I was much more lucky than smart
Ah the distinction between a winning trader and a losing trader explained by him in the end is literally what makes or breaks you in the market. I learned this the hard way. Even though it sounds really simple, it takes a lot of time and dedication to implement this mindset when you have positions open. Trading is all about mastering your mind, rather than making perfect predictions and applying a thousand different statistical principles. Simple risk management rules and great psychology will get you farther than mastering thousands of textbook patterns and technical indicators.
"When you have a winning trade become optimistic, when you have a losing trade become pessimistic, quickly" If I had applied this advice for the last 2 year it would save me soo much money lol
Great video and advice specially about the winning trader and the losing trader and how they act differently..just so true , I thought of myself..Thanks
The simple moving average trend line & the exponential moving average. He says that he uses the 21 day, the 55, & the 81 day ( you can set the days on your trading charts)
Great Content Trading is very much profitable as long your risk to reward ratio is balanced and you stick to an expert trader people lose thinking like a expert trader that's why I entrust Dr Romero pieto an expert in advance trading and he also help in managing my funds the right way one thing I know for sure is trading along side a great mindset (pros) and with a good procifient trading system trade is to sure generate profit for me.
If only the dentist analogy was accurate. The best dentists are often poor. The ones that do well are good at marketing - as is the case in the trading world - even if they are mediocre at dentistry.
Every family has that one person who will break the family financial struggles, I hope you become the one.
Your businesses will make you rich but your investments will make you wealthy. We all deserve to rich and have financial freedom
Mr Michael Allen has changed my financial
Status for the best, all thanks to my uncle
Who introduced him to me
@@sophiagrace2522 Hello I have been hearing a lot about him
Rest in peace Dr David Paul. You are forever eternal
Rip Doc
1) focus on the process of trading and perfect excecution
(Not the last trade or the next trade - focus on this one)
2) buy when it its going down, pullbacks
3) dont hold on to losers too long
4) dont ignore market direction
You got number 2 wrong... Don't buy when it's going down.
You got number three wrong...hold on to losers for dear life!
I find Dr. David Paul fascinating. He is a true mentor and has the heart of a teacher.
Hey there
Got into the market with less than 50K and I’ve earned over 6 figures in eight months. More risk more rewards I suppose!
One day. Working on it. With a full time business and 3 kids and 1 smoking hot wife. Life is busy, but I’m studying the charts and strategies constantly. Congrats!
share the recipe…
Method, Money-Management and Mind are the three M-words that can turn you into a successful trader. Once you have a base, of course, it’s great to keep learning. But it only gets easier and rewarding (:
Here’s my 50 cent on the financial markets you can trade any chart any asset. Like any other profession in the world theory alone is not enough you need the experience. A doctor isn’t one till he does his residency to observe and learn. Professionalism is CRUCIAL
My problem is I started so good I thought I was invincible. My first swing I made almost 300% and thought I was just a genius I was humbled very quickly when I realized I was much more lucky than smart
Miss you Dr. Paul - one of the most intelligent & honest trader out there !
This man is a legend! This video should have more views.
Ah the distinction between a winning trader and a losing trader explained by him in the end is literally what makes or breaks you in the market. I learned this the hard way. Even though it sounds really simple, it takes a lot of time and dedication to implement this mindset when you have positions open. Trading is all about mastering your mind, rather than making perfect predictions and applying a thousand different statistical principles. Simple risk management rules and great psychology will get you farther than mastering thousands of textbook patterns and technical indicators.
This is a master at his craft!
This is a true definition of eternal life..
One of the best take aways I have ever watched. Thank you.
10:30 that is strong advice. If it’s going your way, become optimistic. When it goes against you, become pessimistic.
9:10 True AF ..... My experience proved this true multiple times.
"When you have a winning trade become optimistic, when you have a losing trade become pessimistic, quickly"
If I had applied this advice for the last 2 year it would save me soo much money lol
1:00 ...Perfect execution! 👊🏻
2:03 Focus on the moment!
Best in the business!!
The host seems like the most uninterested bloke out there in the studio. Such a bummer considering the kinda knowledge that is being shared. Damn
He doesn’t share his own thoughts instead asks to go to the next slide bruh
He so rude
"When you have a winning trade become optimistic, when you have a losing trade become pessimistic, quickly"
Dr. Paul, a legend!
Great video and advice specially about the winning trader and the losing trader and how they act differently..just so true , I thought of myself..Thanks
very good informative talks
Brilliant stuff! 👋
Thank you Sir. Rest in peace
RIP Dr David Paul a real one in the trading world who is truly missed.
Great video and advice David!
I like the golf analogy...
Absolutely gorgeous words but so few watches
🎉Blessed Memory David ✨️🕊
Great Video
Who the fck told me he died. I’m so glad he’s still with us
this is from years ago, he did die
David Paul.. legend.
Brilliant WELL SPOKEN
4:00 does anyone know if hes talking about sma or ema??
21,55,89 EMA
The simple moving average trend line & the exponential moving average. He says that he uses the 21 day, the 55, & the 81 day ( you can set the days on your trading charts)
RIP legend of the game.
I agree with you sir thank you
These pictures must be very interesting to look at
the host either ate or smoked something whack before the show, what r u doing
The input volume on this video was terrible. You can barely hear it unless you’re sitting in front of your speakers and they’re on full blast.
Great Content Trading is very much profitable as long your risk to reward ratio is balanced and you stick to an expert trader people lose thinking like a expert trader that's why I entrust Dr Romero pieto an expert in advance trading and he also help in managing my funds the right way one thing I know for sure is trading along side a great mindset (pros) and with a good procifient trading system trade is to sure generate profit for me.
wisdom
Nice editing at 4:25 😂😂
RIP Mr David Paul.
This is great insight. Also, you guys look like you are flying a spaceship.
If only the dentist analogy was accurate. The best dentists are often poor. The ones that do well are good at marketing - as is the case in the trading world - even if they are mediocre at dentistry.
who has failed to beat the market 9 times out of 10 ?
8:45 GOLD!!! 😂
Noticed body language & posture of the host.......
Hello Mrs Natasha the bitcoin trader is legit and her method works like magic I keep on earning every single week with strategies..
75% of "accounts" lose money. It is much much worse than that. Ever tried to close a trading account?
Dr David Paul and the weird guy
444
Kind of looks like they are sitting in a UFO.
stop coughing, how annoying
Then gimme cough syrup!