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How to trade with full confidence - lose your fear as a trader 

Tradeciety.com
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Tuesday is Tradeciety day!
Every Tuesday, we release a new podcast episode, share a new trading video on RU-vid.
* no investment advice - informational and entertainment purposes only *
Do you like my free RU-vid videos? Then you will love the Tradecademy! In the Tradecademy, you find 80 brand-new and never-seen-before trading videos in a completely new trading course. Plus, you join a private discord community, live trading webinars and you can interact with me directly.
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tradeciety.com/risk-disclaimer
Any and all liability for risks resulting from investment transactions or other asset dispositions carried out by the customer based on information received or market analysis is expressly excluded by Quantum Trade Solutions GmbH. All the information made available here is generally provided to serve as an example only, without obligation and without specific recommendations for action. It does not constitute and cannot replace investment advice. We, therefore, recommend that you contact your personal financial advisor before carrying out specific transactions and investments.
In view of the high risks, you should only carry out such transactions if you understand the nature of the contracts (and contractual relationships) you are entering into and if you are able to fully assess the extent of your risk potential. Trading with futures, options, forex, CFDs, stocks, cryptocurrencies and similar financial instruments is not suitable for many people. You should carefully consider whether trading is appropriate for you based on your experience, your objectives, your financial situation and other relevant circumstances.
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Results: Past performance is not necessarily indicative of future results. Investment information may not be appropriate for all investors. HYPOTHETICAL PERFORMANCE RESULTS HAVE MANY INHERENT LIMITATIONS, SOME OF WHICH ARE DESCRIBED BELOW. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN. IN FACT, THERE ARE FREQUENTLY SHARP DIFFERENCES BETWEEN HYPOTHETICAL PERFORMANCE RESULTS AND THE ACTUAL RESULTS SUBSEQUENTLY ACHIEVED BY ANY PARTICULAR TRADING PROGRAM.
#forex #trading #technicalanalysis

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5 авг 2024

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Комментарии : 62   
@Tradeciety
@Tradeciety Год назад
Do you like my free RU-vid videos? Then you will love the Tradecademy! My course summarizes 16+ years of trading experience in a few hours. And you receive support from your mentor (me!) 7 days a week in our private chatroom: ► tradeciety.com/academy/
@TejasDeshpandee
@TejasDeshpandee 4 года назад
1.Daily Loss limit : Have a daily loss limit after which you will not trade Your account should live to trade another trade. 2.Dont have any daily , weekly or montlhy goals. Follow the rules you have made and dont have 9 to 5 job mentality for the market. 3.Leave your ego aside and accept that you were wrong. Run your profits long and cut your losses short 4.Have realistic expectations from the market and/or of Return your investment 5.Make a strategy that suits your personality. 6.Take trading as a business and as a serious job . Your stoploss is your cost of doing business. trading is simple but not easy. 7.Put in the time to gain knowledge of the market. Trading is not GET RICH QUICK 8.Recognise your progress . Have a trading journal . Progress slows down over time. 9.Fear comes from not knowing what you are doing. 10. If you are not a consistent profitable trader then you dont have a GUT Feeling..major gut feelings are false and come out of breaking the rules you made.
@sufisakib8962
@sufisakib8962 4 года назад
Thnks bro ur amazing
@Tradeciety
@Tradeciety 4 года назад
Thanks, Tejas! Great effort :)
@you8899100
@you8899100 4 года назад
The last one is what I hope to learn more and more of. Thanks for the video
@Tradeciety
@Tradeciety 4 года назад
You're welcome and glad you find it useful!
@kch3019
@kch3019 4 года назад
Performance goals in trading are the absolute killer of gains. Especially when you come in short of your goal for the week and try to churn out the balance, it will just dig a deeper hole in your account.
@Tradeciety
@Tradeciety 4 года назад
Well said!
@ApexRuth
@ApexRuth Год назад
From the start of 16:33 . You are speaking wisdom. Thank you so much.
@strongsurvive3141
@strongsurvive3141 Год назад
I just don't know why am addicted to ur video's only 🙏
@hemanttaneja3661
@hemanttaneja3661 4 года назад
Good one.. i think as a trader we all need motivation and the right direction from time to time.. and this is one of your best video.. thanks for sharing Rolf
@Tradeciety
@Tradeciety 4 года назад
Thank you, Hermat. I really appreciate it
@shephrd
@shephrd 4 года назад
Great video Rolf! The “Fear comes from uncertainty” section was my personal favorite , so if you are looking for a specific section to get into more detail about, then please do a separate video for this section. Thanks!
@Tradeciety
@Tradeciety 4 года назад
Thanks. Will do. I made a 20-lesson trading mindset course in our masterclas tradeciety.com/masterclass and removing fear is a big theme across many lessons
@MrVillbonzload
@MrVillbonzload 2 года назад
Hey bro.After spending a lot of hours in your videos I do realize candle stick speaks, at first ununderstandable but as days goes by it's getting louder and louder in my ears . thanks
@helalkhan9959
@helalkhan9959 3 года назад
really great video .Thank you
@harshittiwari5261
@harshittiwari5261 4 года назад
A video for maintaining journal would be great. Thanks
@Tradeciety
@Tradeciety 4 года назад
Well I made plenty on our ru-vid.com Channel
@lastnamefirst650
@lastnamefirst650 4 года назад
Hey Rolf, speaking of the journal...I just purchased Edgewonk, it’s awesome! I feel so excited to do the boring stuff like save screenshots and discuss what happened, missed trades, visually see my progress etc. I wanted to know if there’s a way to influence the tilt meter with the custom comments in our trades? It would be cool to pinpoint the exact part of my checklist that had a negative influence. Also, can we control the intensity of the tilt ticks? Im picturing that breaking one rule has a harsher consequence than another, like not confirming price action with an indicator vs. Revenge trading/chasing price. Hope that makes sense. Anyways thank you for the content and journal. It’s helping me feel less fearful of the markets.
@Tradeciety
@Tradeciety 4 года назад
Thanks for buying Edgewonk and I am glad to hear that you are enjoying it. The tiltmeter cannot interact with the custom comments but it's a good idea. I will note it.
@Aangela443
@Aangela443 4 года назад
Gutfeeliing how to overcome it in trading I need more explanation. Thanks. Steve
@Tradeciety
@Tradeciety 4 года назад
A physical checklist is the first step. Be clear about your trading system and what the individual criteria are
@bantyking9400
@bantyking9400 4 года назад
Sir i from India..... My analysis always right but i can't execute but before a time i lost a lot of money.. So try i trade your process.. Trading journal for every trade.. Right I fear very much... Trade bottom f2 press with very fear situation.. Ready to trade rules and discipline... So thank you sir... You help me very much.... I try my 💯 .. I love you... So much sir
@Tradeciety
@Tradeciety 4 года назад
how awesome. Keep it up
@bantyking9400
@bantyking9400 4 года назад
@@Tradeciety sir i follow in tweeter... Thank you❤❤❤ sir
@el-sig2249
@el-sig2249 4 года назад
Great vid! Daily loss limit is for day trading; so how about swing trading? should you have a weekly or monthly loss limit?!
@Tradeciety
@Tradeciety 4 года назад
We answered it in the next podcast. We will upload it next week :)
@TechMaster-of8sg
@TechMaster-of8sg 4 года назад
Hey man, in chapter 6 of your book, just want to know, does these apply when you trade penny stocks as well?
@Tradeciety
@Tradeciety 4 года назад
Hi there. I have never traded penny stocks and, thus, do not know
@voodoodoll3667
@voodoodoll3667 4 года назад
Hi Rolf, may I know where can I listen to more of your podcast? Thank u
@Tradeciety
@Tradeciety 4 года назад
Hi there you can find all at tradeciety.com/podcast
@benjaminlusty91
@benjaminlusty91 4 года назад
Don't concentrate on maximising your earnings, concentrate on mitigating the risks. Everything is risk to reward 😊 Polarity!
@Tradeciety
@Tradeciety 4 года назад
Well said. The only thing traders can control is risk
@vishwanathhc7207
@vishwanathhc7207 4 года назад
Hi, now a days you are posting very good value added videos regarding FOMo, #10 tips..etc otherthan trading strategies which is helping a lot. Expecting more such videos. Thanks a lot .
@Tradeciety
@Tradeciety 4 года назад
ya you are right, I've been focusing on creating more valuable contents for our RU-vid Tradeciety community, glad to hear you like them!
@TheSelflessStrategicTrader
@TheSelflessStrategicTrader 4 года назад
You're the best man... You covered almost everything boss....
@Tradeciety
@Tradeciety 4 года назад
thanks! let me know if you think we miss any subject should be discussed
@rey4292
@rey4292 2 года назад
HI Rolf Nice video. I am an expert advisor trader (portfolio of several advisors). I dont know if the daily loss limit is applicable.
@bhoopsinghyadav3509
@bhoopsinghyadav3509 4 года назад
Fear comes from uncertainty ....!!! Leave ego at door....!!! Really wonderful
@Tradeciety
@Tradeciety 4 года назад
Thanks for your comment!
@shadrich1587
@shadrich1587 4 года назад
I really benefited from this video. Just what I need at this point in my trading journey
@Tradeciety
@Tradeciety 4 года назад
That is great to hear! Keep it up
@fufighter6661
@fufighter6661 4 года назад
Ich liebe deine Videos ich kann es nur wiederholen sie sind Gold wert!!! Aber was machst du eigentlich beruflich?
@Tradeciety
@Tradeciety 4 года назад
Danke :) Wir sind Trader und auch so als Entrepreneure tätig
@azliothman1322
@azliothman1322 4 года назад
I have a problem following my gut feel too often whereas i should have just follow my system. I dont know why? I use the sys for only 4 months...maybe need more time to fully trust it? Maybe more video about it please.
@Tradeciety
@Tradeciety 4 года назад
Create a checklist for your trades. This will help eliminate gut fee a bit
@azliothman1322
@azliothman1322 4 года назад
@@Tradeciety I have mental checklist..need to properly written them down. Thanks.
@sergiomarcano9697
@sergiomarcano9697 4 года назад
Thank You Rolf
@Tradeciety
@Tradeciety 4 года назад
You are very welcome Sergio
@chrisstocks7521
@chrisstocks7521 4 года назад
Good topic 💯
@Tradeciety
@Tradeciety 4 года назад
Thanks!
@ambushtrader2650
@ambushtrader2650 4 года назад
Love from India🇮🇳
@Tradeciety
@Tradeciety 4 года назад
Thanks!
@anuradha2544
@anuradha2544 4 года назад
Can u add on checklist sir
@Tradeciety
@Tradeciety 4 года назад
We provide checklists and step by step guidance in our masterclass:tradeciety.com/masterclass
@ravisaini1811
@ravisaini1811 4 года назад
👍
@Tradeciety
@Tradeciety 4 года назад
🙏🙏
@sihlesekhona6482
@sihlesekhona6482 4 года назад
Any tips on checking your ego
@Tradeciety
@Tradeciety 4 года назад
Awareness :) It all starts by becoming aware of how/why you talk/act
@Nasdaqslaktarn
@Nasdaqslaktarn 4 года назад
One month i lost 60/80 trades. Still made money. I guess im big boss in trading
@Tradeciety
@Tradeciety 4 года назад
Congrats!
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