The Psychological Trait of Long-Term Trading Success
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- Опубліковано 26 сер 2024
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How can you boost your chances of achieving long-term success as a trader? You'll need this trait that was discovered by a top psychologist. This is the missing factor for achieving important goals.
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📃 SOURCES:
Grit - Angela Duckworth
#TradingPsychology #TradingMindset
This is the only person whom I have came across and spoke sense to me and because of you bra, we grow all the time
Thanks buddy!
I am starting to write down weekly goals after watching this. A lot of your videos are really helping me at this stage of my trading business.
I'm so glad they're helping! I hope you keep making great progress.
I found recording all my win/loss trades using screen software very powerful and using playback over and over again to see what I done wrong and noting it down.
It's a shame that I got sucked into the make money fast crap first. And I look at these videos now and they have 10's of thousands of views within days. Then I come across you and, even though holding on to stocks I should have let go of, you're telling me why I am doing it. It's a shame that more people aren't listening to common sense first. Thanks I think after watching more of your stuff and working on the things I need to I may lose my fear of pulling the trigger. And at the very least be on the road to becoming a great trader.
I love your channel, man. You’re my motivation.
Your videos are inspiring especially the one that talks about "Building the right mindset to become a great trader".
I've been trading on demo since January 2018 and made good progress by being consistent with my method. Since last week till now I've been trading live with same method and so far I've lost most of my trades. Now to most this sounds bad but watching your videos and reading "Trading in the Zone" has really helped me a lot, because now I don't get stressed like before by changing methods. Through your videos I've learned that FOREX is 80% Psychology and 20% Method. This helped me a lot and I'd like to say thank you for sharing such valuable information.
Thank you for the kind words. I'm glad the videos have been helping, I hope your good progress continues!
- Nicholas
Nicolas has a great skill of talking, movements and open hands (open palms) really enjoy watching his videos and information gets much more easy and straight in mind😁
Thank you Ruslan! Glad the videos help
Hi from India Nicholas. I'm a qualified in all 3 levels of CMT program and share the same work profile as you. I train people on weekends and trading is my passion. I put a lot of emphasis on trading psychology .Infact I feel all your videos are so unique and original. Such great perspective helps a lot of people. Blessings. Just want to tell you, you are doing a great job. .keep flowing my Friend. .Forex is an amazing market segment and you make me feel in my journey . .like a fellow! Cheers! :-)
Thank you so much Mohak! I wish you all the best with your own journey.
Mindset does define your success. Any one can achieve any thing. All have limitless abilities which need right practice and grit to bring it out
Just got round to watching this. Awesome! I am glad i am working on the duomoinitiative strategy. The grit is going into good use;) awesome video
Thanks Nicholas. Been learning CFD trading for about 9 months now. Watching various You Tube videos, and thanks for the ongoing video educations.
My pleasure Ryan, good luck with it!
Will smith quote is amazing!!! Thanks for making this video
The problem is the amount of time it takes is the amount of BS around the internet about trading confuses everyone. I fell for many courses over the years and then decided no one is getting my money and I will make my own system and tweak it as market changes.
best trading channel on you tube
Thanks Shubham!
~ Nicholas
This man has a lot of grit because of his bulging biceps
It's amazing what you can do in post-production these days.
all your videos are truly a masterpiece and I appreciate your efforts. I'll try to keep practice to become a profitable one.
Thanks so much. Glad it’s helping! Keep working Akhil
This is a good one
awesome encouragement. i wont mention why am into trading but GRIT is a good way to refocus my energies and attention.
trading is like moto wheelies. After a while, a long while and dedication. You get good. You just need to really really (x infinity) want it.
Nice. Can you please provide the link to the Dr. Duckworth clip discussing "grit"? Many thanks.
passion is not directly proportional to success. there are things that are simple for some people just because of pure talent and not because of passion. many of us are just good at something that someone else is struggling to master (even though its not our passion) maybe its math, maybe is a sport....
there is a professional tennis player called Andrea Agassi who wrote in his book that he actually hates tennis. but look at him, he was a successful professional tennis player.
Hey Alejandro. You are right that passion is not directly proportional to success, in fact I mention that in the first video where I brought up 'grit'. Angela Duckworth actually attributes success to a broad sum of talent x grit. Grit is important because in her words "anything multiplied by 0 is still 0", which is her basically saying that no matter how much talent you have, if you don't foster it correctly, you won't use it to its potential.
As for Andre Agassi, I appreciate you bringing an example to the table. I haven't read his autobiography, but I have read a piece at the end of the book "The Greatest" by Matthew Syed, where Agassi talks about this very subject. He says he both loved and hated tennis. He hated the intensity brought by his father and how he was put through something he saw as a prison camp, but he loved the game. I also know that Agassi hired Tony Robbins when his performance dropped and by going over his psychological problems, including his love for the game, he was able to become #1 seed again. As I said, I haven't read his autobiography, but these are the things I've picked up from elsewhere. In any case, there will always be outliers to any concept or theory.
Thanks for the great comment.
i love your research. just fantastic bro
very good video as always, well done.
well said! facts!
Great word, certainly does describe's what it takes to be a successful trader and the passion and personal growth I find in trading, I never stop learning. If you want to really know what "True Grit" is watch John Wayne's old movie or the new version with Jeff Bridge's.............Cheer's
great advice ...thnx
please share some working strategy. I still don't have any strategy that suits me well.
You talk about trading, what do you actually trade? Forex, binary, stock, commodities?
Intra-day and intra-week I solely trade forex these days, but in the past I have traded other asset classes over the short term too. Medium to long term I will trade any asset class, depending on how it fulfils the particular portfolio strategy I'm targetting. Absolutely no trading binary options.
The Duomo Initiative - Financial Education thanks for the reply. Yeah Just saw your video on binary options, I didn't know much about. Thanks for the video btw +1 sub
+1 for the lav mic ;)
haha I actually thought you would notice it!
I'm having huge processing issues.
when you want to use your ability make full use of your strengths, but when you want to develop your ability you need to work on your weaknesses #thetruth
what can i type in to watch the great traders series
ua-cam.com/video/8ZKTeqmMYS4/v-deo.html
thank you
Trading is like playing Chess and making money in the process.
Whoa ,that Will Smith quite was intense.
"ΜΟΛΟΝ ΛΑΒΕ!!!"
You're Greek?
Some Americans really love the phrase. Mostly Special Forces people, people who wish they were Special Forces, and fanatical gun rights advocates.
And Greeks, of course.
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So Jeff Bezos' passion was selling cheap crap by mail order? : \
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apparently if you are an animal lover but eat meat, cognitive dissonance mate, thats what the vegans tell me anyway
I'd say that makes sense.
id say it does as well