Trading Psychology Podcast Ep68: Boredom

Подписаться 290 тыс.

Просмотров 2 тыс.

50% 1

The markets aren't always exciting and action-packed. And other endeavors can take its place sometimes. But when you are bored with trading or bored with the market in general, what's the best way to handle it? VP and Robb have been there. And they have answers.
#TradingPsychology
Maverick Links
Click Here To Learn More about Maverick Forex Trading: URL:
maverickfx.com/application-3-...
Click Here To Learn More about Maverick Currencies: URL: maverickcurrencies.com/applic...
Click Here To Learn More about Maverick Trading’s Stock/Options Division: URL: mavericktrading.com/applicati...
Maverick Trading RU-vid Channel:
/ @mavericktrading
Robb’s Flat Earth Trading Society
/ @flatearthtradingsociety
No Nonsense Forex Links
VP’s Trading Psychology Book
nononsenseforex.com/forex-psy...
Recommended Crypto Trading Platform (Bonus and Contest Eligibility) -
nononsenseforex.com/cryptocur...
Blueberry Markets Blog (Top FX Broker) -
nononsenseforex.com/uncategor...
Markets.com Blog (Other top FX Broker)-
nononsenseforex.com/uncategor...
US Residents Go Here (Top US FX Broker)-
nononsenseforex.com/uncategor...
Follow VP on Twitter
/ this_is_vp4x
The hosts of this podcast are not licensed financial advisors, and nothing heard on this podcast should be taken as financial advice. Do your own research and understand all financial decisions and the results therein are yours and yours alone. The host is not responsible for the actions of their sponsors and/or affiliates. Conversely, views expressed on this podcast are that of the host only and may not reflect the views of any companies mentioned. Trading anything involves risk. Losses can exceed deposits.

Опубликовано:

16 июн 2024

Ссылка:

Скачать:

Готовим ссылку...

Добавить в:

Мой плейлист

Посмотреть позже

Комментарии : 20

@fatsoaok6749 13 дней назад

I've been on disability all my life after being diagnosed with schizophrenia. Discovered VP and his channel out of boredom (despite being dead broke, money was never the motive). I said this in a previous video and VP agreed, when you treat trading/technical analysis as an ART FORM, and you look at your charts and you have fun trying to be precise to find the tightest deci-pip entries. Thank you to VP and Rob.

@danielciriello4261 7 дней назад

That episode must resonate with all traders, and for me one I will keep coming back to. I'm pretty well disaplined now as I have to be with my trades running for days at a time, but it's always closing that last trade out that I struggled with, so I was always guilty of closing it too late for the uncomfortable feeling of not having any running at all and get bored, however I'm much better at sitting on my hands now with a more relaxed patient mindset you guys have taught us, thanks again both.

@shawnsmith4692 9 дней назад

Interesting discussion. I didn't know people even struggled with this. For me, the only purpose trading has ever served is to fund the life I want to live. So boredom is actually ideal. Because if I'm bored, that means I'm no longer stressed, anxious, confused, frustrated, etc. All the emotions that typify the trading experience. The excitement comes from the rest of your life that's now made possible by the money you make from trading. Trading should be boring.

@NoNonsenseForex 8 дней назад

Great way to put it

@sevyusevs2008 7 дней назад

My previous trading qoute: Not trading is also trading.

@gatwirig 21 час назад

💙

@Porphyrogenitus1 13 дней назад

Back in the day you had to walk up hill both ways and enter your trades via punchcards while literally watching literal Gomez Addams (from the TV show) at the ticker-tape machine being blasé about whether he was up or down on _Consolodated Fuzz_ InB4 "I spent time with W.D. Gann at bucket shops in the early days. Our indicators were the beads of sweat forming on the other guy's face and the twitch of their lip. We had to draw our charts by hand, all we had were paper, pencils, protractors, and point-and-figure diagrams."

@brewcitypunk 2 дня назад

trading and life psychology gods. all of this is free. we are not worthy.

@philnewpower 13 дней назад

Fantastic timing for this episode. It can be boring testing and trading. the most important thing to take from this journey is that we have opened the door to financial planning for the future. You would be a fool to not continue walking the path. I've been stuck on this multiple streams of income part I can't wait to hear your thoughts and ideas guys. I have a few of my own

@Porphyrogenitus1 13 дней назад

All the opportunities!

@kevinhong65 12 дней назад

Good job 🎉 great episode I have a really good month N I think n feels like everything is gonna change 😂 Better hold my hands for a bit Love u 2❤

@kevinhong65 12 дней назад

Really feels like Rob said My money will be less if I keep on ……..

@KyleBaran90 13 дней назад

I try not to trade meme markets or hot markets because I know very well that by the time I show interest, it's probably too late. That's why I never touched GME or NVDA, for example, even though it's made (and lost) a lot of people a lot of money. Though, I did get pissy and did a small revenge trade on gold last week and made a few bucks, so I suppose that statistically, charts are more likely to keep going in the same direction, rather than stopping or reversing. I don't think system jumping is bad per se; if you have a playbook for different market states (akin to how you'd trade different options strategies), then a hybrid approach would probably work to stay continuous profitable. Sort of the same reason you'd have different timeframes on trades (daily, short and long-term investments, etc). I agree on the consistency and simplicity. I know Robb mentioned elsewhere that they have a continous "high water level" metric on the accounts that needs to be reached every month, as well as avoiding a maximum drawdown of like 20%. I'm curious what drawdowns their traders have during a slog.