20,000 Year Old Brain VS. Trading Psychology

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  • Опубліковано 15 вер 2024

КОМЕНТАРІ • 142

  • @thetradingchannel
    @thetradingchannel  3 роки тому +16

    EXTREMELY IMPORTANT PSA: There are a number of accounts using our name and profile picture to pretend to be me and steal money from viewers. 1 - I do not have a Telegram, Whatsapp, or Discord account. 2 - I will NEVER ask you for money. 3 - I will NEVER ask for money/cryptocurrency and say I will trade for you. 4 - I will NEVER ask you for a payment in any cryptocurrency. 5 - DO NOT COMMUNICATE WITH THESE ACCOUNTS. They are pretending to be me and trying to steal your money. I currently have two full-time employees that delete these comments daily. But, some still get through. So, please be extremely careful and never give someone cryptocurrency or money that is pretending to be me. AGAIN, I DO NOT HAVE A TELEGRAM, WHATSAPP, OR DISCORD ACCOUNT, I WILL NEVER ASK YOU FOR MONEY OR TRADE FOR YOU, I WILL NEVER ASK YOU FOR A PAYMENT IN CRYPTO. DO NOT COMMUNICATE WITH THESE ACCOUNTS.
    Also, there are a number of fake IG accounts doing the same exact thing. The ONLY Instagram accounts we run are @stevenkiethhart and @thetradingchannel anything else is not me/us.
    Other than that, I hope you enjoy the video! If you want to learn from us and would like to learn more advanced material then join our VIP training course/program. Go to www.eaptrainingprogram.com
    PROGRAM INCLUDES:
    Full training course (beginner to advanced)
    Technical analysis training
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    Risk management training
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    Backtesting training
    Weekly analysis video (each Monday)
    3 to 5 email alerts each week
    Pro Trader Report (email of analysis)
    Priority email mentorship (Me personally answering your questions)
    Review videos
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    And much much more...
    For any questions about the course email - support@thetradingchannel.net
    PROGRAM ACCESS - www.eaptrainingprogram.com
    Talk soon,
    Your honest trading coach,
    Steven

  • @tumelod.madisha4269
    @tumelod.madisha4269 3 роки тому +65

    This is by far the best REAL advice you can get on UA-cam about trading psychology. To add a few words Patience is very important in this game. Stop the constant anxiety and FOMO. Follow yourself, Use proper risk management, master your craft and you WILL see the light. Much Love from South Africa ❤️🇿🇦 Let's get it!!!

    • @GENIROZAY
      @GENIROZAY 3 роки тому +1

      Patience !

    • @lionofjudah3899
      @lionofjudah3899 3 роки тому

      I just can’t seem to get this forex thing ..am only losing out

  • @PK-vv6ci
    @PK-vv6ci 3 роки тому +17

    This is the kind of content I've been waiting for. All the technical knowledge in the world is worth nothing if you can't control your emotions and remain calm and obbjectively detached.

  • @brianmercer667
    @brianmercer667 3 роки тому +18

    A tremendous video summary. Thank you Steven. It has taken me 10 years to realise that with proper risk management the losing trade represents a tiny nick. It bleeds and hurts for a bit. But it gets better. And you don't tend to do it again. Whereas with poor risk management the nick severs an artery and we literally bleed to death. Thanks again

  • @shauncook9047
    @shauncook9047 3 роки тому +33

    The value that Steven's teachings have brought to my trading are fantastic. The content is very descriptive and easy to understand. I highly regard his work ethic and respect the development he has made throughout his career as well as being willing to pass on that knowledge to others through this channel and his EAP program to allow others to grow as he has done.

    • @marcel5398
      @marcel5398 3 роки тому +1

      Do you recommend the EAP program?

    • @GbihiJohnson
      @GbihiJohnson 7 місяців тому

      That is great,the world is changing a lot of youths need that education too

  • @youngshilongo2206
    @youngshilongo2206 3 роки тому +13

    You’ll reach 1 mill subscribers in 2 months time. This channel is extraordinary ✨ 🐐

  • @titusshigwedha5344
    @titusshigwedha5344 3 роки тому +3

    Best Trading teaching channel ever on UA-cam ever stay winning champ…I am following your footstepes💪🏽🔥🔥🔥

  • @alagbeolalekan4613
    @alagbeolalekan4613 3 роки тому +2

    Steven!
    You're a rare gem....
    I've not seen any channel here on UA-cam that better yours....
    Thanks a lot for this content.....
    Gonna watch this over and over again....

  • @smacpost3
    @smacpost3 3 роки тому +4

    For some reason this short clip has caused me to really tighten up my plan. I paused the vid and set up my next trade.
    It feels good to have the proper risk management in place that predefines my max risk (stop and share size), entry, and target.
    I know my strategy works, I've back-tested it and so have you (thank you).
    With everything clearly planned, much of the fear and anxiety is now gone. So is any confusion, really. [Let's hope my gun-slinging days are behind me for good].
    It's a great way to head into the weekend. Thanks again!

    • @kingjackoff6708
      @kingjackoff6708 3 роки тому +1

      The fact that he inspired you to tighten up your strategy and improve your risk management is great. He really is a good teacher and person. I wish you the best of luck with your trading mate, you won’t need it though 👍🏼

  • @alfredolopez4800
    @alfredolopez4800 3 роки тому +12

    Yes, is like betting with an edge. That's why you have to be ok with the losses Risk Management.

  • @Troikaone
    @Troikaone 3 роки тому +5

    I do believe I would have been profitable quicker if I traded with a pack of other traders, But at the same time, I would not have been able to think outside the box

  • @vishalbhosale5788
    @vishalbhosale5788 3 роки тому +2

    Congratulations for 1 million subscriber 🔥🔥

  • @pixipads
    @pixipads 3 роки тому +2

    Trading in the zone in less than 10 minutes GO!

  • @richardlees5303
    @richardlees5303 3 роки тому +4

    I think the sabre tooth tiger fight is analogous to a floor trader in the NYSE today. Same fight, same teeth, still eating small fresh accounts.

  • @Angela-qg8yg
    @Angela-qg8yg 3 роки тому +4

    Well stated, I am just beginning my trading journey and this is such an important piece of the trade.

  • @bestbitscryptotrading9073
    @bestbitscryptotrading9073 3 роки тому +1

    Good am so impress the way you are helping us without charging us ,thank you so much because we are learning a lot from your page ,from Ghana

  • @davidheisnam743
    @davidheisnam743 3 роки тому +3

    Hi... I have a video idea. How about a "Reviewing Subscribers' Trade Setups" video series where your subscribers share chart screenshots with you and their logic about trades that they took or would have taken. Personally I think your viewers could learn a lot from such videos. Please make this happen! ♥️

  • @trikhotso4785
    @trikhotso4785 3 роки тому +3

    Thanks for this video 📹 currently mastering my trading phycology

  • @toddzehr203
    @toddzehr203 3 роки тому +1

    This is all 100% true. I became a better trader when I focused on risk management which ultimately took the fear out of trades. Whether day, swing, trend or position trading.

  • @JonH232
    @JonH232 Рік тому +1

    Great psychology lesson, thank you! I love how you tied it to the reptilian/Triune brain. And I've heard you mention the reasons for back testing before, but repetition is important for learning, case in point. It hit home better this time.

  • @CharlieAndBibi
    @CharlieAndBibi 3 роки тому +7

    Perfectly timed for this Bitcoin dump caused by Elon musk. Needed to hear it 🙌

  • @mubariksabur
    @mubariksabur 3 роки тому +7

    Wish I'd taken seriously your video on why you were selling BTC at 58k....🥴

  • @alideniz7676
    @alideniz7676 3 роки тому +2

    bro there is no one help me as you do. you are great!!

  • @TheHalalOwl
    @TheHalalOwl Рік тому

    Leave emotions out of Trading, As Yoda once said “Fear is the path to the dark side. Fear leads to anger. Anger leads to hate. Hate leads to suffering”

  • @tradewithjock5223
    @tradewithjock5223 3 роки тому +4

    Thank You for this! You change my trading game entirely Steve God bless you

  • @mehdisch463
    @mehdisch463 3 роки тому +2

    Thanks man
    Your the best
    I have learnt about trading from your clips and corrected my mistakes
    The result was so amazing for me
    Thanks again

  • @mikasar7017
    @mikasar7017 3 роки тому +3

    Thank you for the wonderful video!

  • @cloudattack3279
    @cloudattack3279 3 роки тому +1

    Never make any decision with the heart, any. Test the strategy, risk assess. The minute the heart gets involved, you let go of the steering wheel.

  • @GbihiJohnson
    @GbihiJohnson 7 місяців тому

    Yeah big man, I ur first video I love it ,, keep up the good work❤

  • @stevebrown275
    @stevebrown275 3 роки тому +3

    Steven...could you possibly create a quick (if quick is possible) video as a tutorial on back testing? As a beginner, I'm really unsure where to even begin to back test, but I'm quite certain that you couldn't be more right regarding how critical back testing could be in helping maintain the critical aspects of trade psychology. I'm sure the tutorial would be invaluable. Thanks in advance...GO VOLS...

  • @xinyao1024
    @xinyao1024 3 роки тому +1

    Just a quick EAP Review here. I joined the EAP Program last month. The contents in EAP are really helpful. It smoothly taught me about the basics, ideas and strategies in trading. I was a complete beginner who loses money from time to time. And now, I am really making good profits through my trades. I really recommend anyone who wants to move a step ahead in trading, especially beginners, to check out the EAP Program by Steven. Thank you, Steven! 😊

  • @ricky_rizz1011
    @ricky_rizz1011 2 роки тому +1

    Thanks to Steve I've now improved on my trading career 😊

  • @dowhatyourepassionateoftra1668
    @dowhatyourepassionateoftra1668 3 роки тому

    I have been following you for two years but this is only nice for me ever.thumbs up

  • @ashutoshsingh3029
    @ashutoshsingh3029 3 роки тому +3

    Who is watching from India

  • @sergiomarcano9697
    @sergiomarcano9697 3 роки тому +1

    Thank you greetings from Venezuela

  • @jaypizzle7693
    @jaypizzle7693 3 роки тому +2

    You are a great speaker man . Thanks a lot . Make more vids

  • @tafadzwamakonese8516
    @tafadzwamakonese8516 3 роки тому +2

    Just explained how l lost money today. And always my anticipations goes straight up.
    Thank you man

  • @Wynicky
    @Wynicky 3 роки тому +5

    This is great & Interesting stuff, ll be cool to have subtitles .

  • @akilimalijohn3223
    @akilimalijohn3223 3 роки тому +3

    You are right man. Thank you so much

  • @ProMassageIstanbul
    @ProMassageIstanbul 3 роки тому +3

    Bro that is amazing lesson. You rock! But still waiting for your updated last how to trade moving avarage strategy I will use it as my anthem video.

  • @adebanjoolumide8942
    @adebanjoolumide8942 3 роки тому +2

    Hello Steven, I just really want to say thank you for all the videos and lessons you put out here, if I was asked yo, who thought you forex? , you’re Deffs going to be on top of that list……. The content you put out here is more than enough to be profitable, so thank you very much I really appreciate what you do with this UA-cam channel………. I started my Trading career a year Ago and it has not been easy, I’ve been staggering but I feel like I’m getting there, my analysis are getting better and better by the day so thank you very much Chief, you’re the best❤️

  • @gauravmodi1220
    @gauravmodi1220 3 роки тому +2

    it was great ,thanks for sharing yoiur knowledge

  • @savioursinkala5383
    @savioursinkala5383 2 роки тому

    u have changed the way I look at the market...thanx man

  • @doglifehub
    @doglifehub 3 роки тому +1

    Great advice, mate

  • @gagandeepkahlon4280
    @gagandeepkahlon4280 3 роки тому +3

    Owesome!!!!
    Can you suggest some "backtesting" sites/apps, please?

  • @crossmogination
    @crossmogination 3 роки тому +1

    Good info. I like the way you think. And we need to be reminded.......

  • @lokeshthakur6296
    @lokeshthakur6296 3 роки тому +2

    Good video chris 🔥🔥

  • @jefftewoold1142
    @jefftewoold1142 3 роки тому +3

    We needed that one🤞

  • @everdarksoul
    @everdarksoul 3 роки тому +1

    Steven if you are reading this, consider making a video or putting a small part about what is the "random walk theory" & how does that affect the markets. Even though markets are random how is back testing considered to be profitable if so.

  • @georgeanton7196
    @georgeanton7196 3 роки тому +3

    hi! can you make a video with platform setup for begginers, its pretty hard for me to find everything i see on your videos or i dont have on my platform. Thank you!

  • @ourview4354
    @ourview4354 3 роки тому +1

    Pls, create a video on stop loss/limit and target.

  • @brucesmith6868
    @brucesmith6868 3 роки тому +2

    Thanks Steven great advice !!

  • @Glen.Black.
    @Glen.Black. 3 роки тому +1

    "When I press the button on that single trade I have no idea what's going to happen." I thought that was the reason why you spend so much time planing a trade and studying patterns, so you have some kind of idea or confidence that this trade will be profitable? Just kidding... Good advice! I totally agree.
    It seems like you know what you're doing, but all the prep in the world doesn't matter for the 20-30% of the trades that will be losers. The manipulators will use your pattern recognition against you, to suck you in, when the choose to. Thanks for the video!

  • @Ben-jq3ov
    @Ben-jq3ov 3 роки тому +1

    Beautiful video 🙌

  • @robertobaca3126
    @robertobaca3126 3 роки тому +2

    Do you have a video on how to setup Trading View?
    Is trading view the platform you use to trade?

  • @jeremiah9492
    @jeremiah9492 3 роки тому +1

    amazing video man

  • @glensubtorq
    @glensubtorq 3 роки тому +2

    Spot on info this 👍😎

  • @luigiscazzari4724
    @luigiscazzari4724 3 роки тому +1

    Great, solid advice.

  • @tradingnasdaq
    @tradingnasdaq 3 роки тому

    Exactly every time uncertain and what works today may not work tomorrow. But the trio th

  • @mostafazaid6902
    @mostafazaid6902 3 роки тому

    oh man this is awesome video , keep on

  • @Fusion-Flix
    @Fusion-Flix 3 роки тому +1

    Newbie here and trading on Robinhood (it sucks!). Can anyone tell me what is the platform being used in this video to trade and whether it is free or with a subscription? Thank you in advance.

  • @Zimbob2424
    @Zimbob2424 3 роки тому

    My problem is the opposite, I have the fear it won't go back down when it goes up and don't sell for the profits. It's not the fear of it going down or when it goes down and for that matter I seem to be more relaxed when it goes down. All the emotions that you talk about is very helpful in other aspects of this mans life. I guess fear is fear , FOMO
    I like what you say about the losing 20000 yrs ago and today, that may be part of whats wrong with our society today. the wealthy don't want to lose or share any amount and it's fear of being less than is what I always say but I think your closer than me about a man worrying about losing respect, but is more fear of losing altogether

  • @eduaniedamayo8698
    @eduaniedamayo8698 3 роки тому +1

    very informative contents yet again. thank you for this video...keep up the good work, you help a lot of people out there.

  • @ejanimationstudio4244
    @ejanimationstudio4244 3 роки тому +1

    thanks so much for your content.

  • @l7square943
    @l7square943 2 роки тому

    I like you back drop!

  • @WMS_123
    @WMS_123 3 роки тому +1

    Great video !!

  • @bhavinalgo5768
    @bhavinalgo5768 3 роки тому

    Steven, thank you for this wonderful video. Very useful. Request you to teach tricks how to identify good breakouts and bad breakouts. Additional, trading gaps intraday also interesting if you can make something on it.

  • @JeromeWillard-o4r
    @JeromeWillard-o4r Рік тому

    very helpful and educational

  • @AhimSaah
    @AhimSaah 3 роки тому

    Great thinking, thanks buddy!

  • @TrialByFire14
    @TrialByFire14 Рік тому

    Great vid, ty!

  • @ElaiNavi-YouTube
    @ElaiNavi-YouTube Рік тому

    This helps. Thanks mate

  • @DesmondImuentinyan
    @DesmondImuentinyan 13 днів тому

    Thanks sir someone can really on you

  • @veerakarthikeya4534
    @veerakarthikeya4534 3 роки тому +1

    How'd you know What i wanted?

  • @nimakhoramabadi
    @nimakhoramabadi 3 роки тому +1

    Thank you man 🎉👍

  • @arcdisney
    @arcdisney Рік тому

    great video 😻

  • @MrMadmatt13
    @MrMadmatt13 3 роки тому

    Could you please do a Bitcoin analysis?

  • @nwakaegonwani1468
    @nwakaegonwani1468 8 місяців тому

    Thank you Steven

  • @teddyperera8531
    @teddyperera8531 3 роки тому +1

    Thank you

  • @clark3025
    @clark3025 3 роки тому +1

    thanks

  • @panchasanguparakalarajan8948
    @panchasanguparakalarajan8948 3 роки тому +1

    Nicely explained. Thank you sir for sharing this with us 👍

  • @ultramegat1000dennis
    @ultramegat1000dennis 3 роки тому

    Awesome video!

  • @markollinstv7936
    @markollinstv7936 Рік тому

    I love this channel

  • @waqarkazmi.
    @waqarkazmi. Рік тому

    You are the best ❤❤❤❤❤

  • @rksharma10911
    @rksharma10911 3 роки тому +1

    very good

  • @watchdaride
    @watchdaride 3 роки тому +1

    demo trading doesn't work . Best to trade micro lots .

  • @d3vyn22
    @d3vyn22 2 роки тому

    Thanks for the infor

  • @mohammadrezamoeinynia4659
    @mohammadrezamoeinynia4659 3 роки тому

    hi
    thanks for videos
    please active subtitles for videos.

  • @Amir-lz8sq
    @Amir-lz8sq Рік тому

    day 5 of learning trading

  • @tysonbarrett8940
    @tysonbarrett8940 3 роки тому

    I was considering the EAP program, but I know Steven is mostly Forex based. I’m interested primarily in crypto trading. Anyone who has or had his program, would it still be a good buy and relevant for crypto trading?

  • @vrovat
    @vrovat 3 роки тому +1

    Fire content

  • @Human-iq7zp
    @Human-iq7zp 3 роки тому

    Hi steven, sorry out of topic but i wanna ask you a question. How do you make a zone? I mean the wide, how small or how big, is that depends on certain condition? or just using your sense as a professional trader?

  • @AfonsoSilva-nj6nq
    @AfonsoSilva-nj6nq Рік тому

    Backtesting is not the same as using a demo account? You'll be trading and testing but not with real money

  • @clementemmanuel4126
    @clementemmanuel4126 3 роки тому

    I needed this one

  • @michaelbaker8679
    @michaelbaker8679 3 роки тому +1

    Chart Provider?

  • @zurara_ayoub
    @zurara_ayoub 3 роки тому +1

    👍 keep on

  • @didimanirakiza1348
    @didimanirakiza1348 3 роки тому +2

    is the TTC work in robots staff

  • @launderable
    @launderable 3 роки тому

    now what about btc where is it going

  • @andrewriterpro
    @andrewriterpro 3 роки тому

    Very useful video

  • @koolkultures3061
    @koolkultures3061 3 роки тому

    Do you have a trading messenger system setup????

  • @icari9900
    @icari9900 3 роки тому +1

    THANKS A LOOOOOT!!!!!!♥🧡💛🧡♥