This may be one of the best trading interviews I have seen in a long time. That's a personal opinion based off of my own trading experience level. May of this year is 3 years in trading for me and I have recently given myself a time out from trading. Trade tracking and trading notes are valuable not when you write them, but rather when you go back and read them. January of this year was the best month of my trading career. However, once I departed from my process and let my discipline slide it was a quick ride back down. That's okay. I have learned so much this year about myself and my process. I'm on to something, and I'm actually a great trader but I need to stay committed to my process and my limited strategies. Honestly, knowing what I know now I am likely to make the majority of my money from one single setup. That sounds crazy to new traders that you could make 1 million dollars from a single setup but it's true. 2 reasons for this are: 1: It allows you to go really really deep on the nuances and intimate details of your setup. You know your edge like the back of your hand. This allows you to execute trades with confidence and without hesitation regardless of the outcome. You can have a losing trade and still say that was a great setup and I would take that every single time. The outcomes are random regardless of your edge. 2: It allows you to rule out the other 99% of setups that are NOT yours or do not give you an edge. This may be one of the biggest "aha" moments for me in my short journey. You would be amazed at what NOT trading can do for your p/l. Stopping the bleeding in trading is one of the first major hurdles for new traders. No, more is not better, in fact I have learned that less is more. Way more. I have come to the realization that first you need to learn to trade, then you need to learn to be a trader. Those two things are very very different. You can't have one without the other. Thank you so much for this great interview. Cheers
Edu is not only an amazing teacher but also such an inspiration. I've learned so much from him regarding the importance of mindset. Fantastic interview! Thank you.
This is one of the greatest and complete interviews that I never see. Personally I have the lucky to know Eduardo long time ago since his first steps to the consistency in Trading. I feel so lucky to call him my friend my brother and my mentor! Thanks again for all what you do for the community and I will find my way to be there where you are.
You know Eduardo will be here for many years to come. Few traders can have success in one area, and acknowledge their incompetence in other areas and swallow their ego and trade 4 shares on a different strategy. Great mindset, seems like a great guy, nothing you can't do with that mindset. Solid content :)
Biggest takeaway was think of your self as a already successful trader and reverse engineer that. Reminds me of the James Clear quote work backwards from magic, or ask yourself what would the best in the world do? etc
So everyone who has a baseball coach that used to play in MLB should play in MLB? Likewise, everyone who plays basketball and gets a private coach should be in NBA? Just trying to understand how you process thoughts here. Or is it because he doesn't shove success stories in your face that means no one has improved? Help me understand why on a Saturday morning this was your key takeaway you felt you needed to post from an interview with lots of great information to hear. Tell me more. What's the REAL issue you're having trouble with?
another banger interview. 43:45 "you gotta believe that it will be worth it."
This may be one of the best trading interviews I have seen in a long time. That's a personal opinion based off of my own trading experience level. May of this year is 3 years in trading for me and I have recently given myself a time out from trading.
Trade tracking and trading notes are valuable not when you write them, but rather when you go back and read them. January of this year was the best month of my trading career. However, once I departed from my process and let my discipline slide it was a quick ride back down. That's okay.
I have learned so much this year about myself and my process. I'm on to something, and I'm actually a great trader but I need to stay committed to my process and my limited strategies.
Honestly, knowing what I know now I am likely to make the majority of my money from one single setup. That sounds crazy to new traders that you could make 1 million dollars from a single setup but it's true.
2 reasons for this are:
1: It allows you to go really really deep on the nuances and intimate details of your setup. You know your edge like the back of your hand. This allows you to execute trades with confidence and without hesitation regardless of the outcome. You can have a losing trade and still say that was a great setup and I would take that every single time. The outcomes are random regardless of your edge.
2: It allows you to rule out the other 99% of setups that are NOT yours or do not give you an edge. This may be one of the biggest "aha" moments for me in my short journey. You would be amazed at what NOT trading can do for your p/l. Stopping the bleeding in trading is one of the first major hurdles for new traders. No, more is not better, in fact I have learned that less is more. Way more.
I have come to the realization that first you need to learn to trade, then you need to learn to be a trader. Those two things are very very different. You can't have one without the other.
Thank you so much for this great interview.
Cheers
My mentor and friend..❤🔥🔥 and an amazing human being
This interview and this trader's insight and philosophy, on how he goes about his trading, is a treasure.
Edu is not only an amazing teacher but also such an inspiration. I've learned so much from him regarding the importance of mindset. Fantastic interview! Thank you.
Excellent interview ...... really enjoyed his explanation of how important the mental process of trading comes first.
Quality interview guys!
Awesome interview Anthony and Eduardo👏
This is one of the greatest and complete interviews that I never see. Personally I have the lucky to know Eduardo long time ago since his first steps to the consistency in Trading. I feel so lucky to call him my friend my brother and my mentor! Thanks again for all what you do for the community and I will find my way to be there where you are.
You know Eduardo will be here for many years to come. Few traders can have success in one area, and acknowledge their incompetence in other areas and swallow their ego and trade 4 shares on a different strategy. Great mindset, seems like a great guy, nothing you can't do with that mindset. Solid content :)
Biggest takeaway was think of your self as a already successful trader and reverse engineer that. Reminds me of the James Clear quote work backwards from magic, or ask yourself what would the best in the world do? etc
Excellent interview, I liked a lot! It's true that Eduardo have and transmit a lot of mindset and focus on process. Eduardo eres un duro!
Great interview so many good lessons. Thanks guys!
Eduardo is the best! Thanks so much for doing this interview
Awesome stuff , many thanks
Points about mindset and attachment to P&L hits home for a beginner trader!!
Great interview with many helpful information. Thank you! 🙏
Excellent interview!! Just curious - is it the Meyer cocktail that Eduardo would use for an IV?
Love eduardo
One of the better ones 🎉
Thank you for share ❤🙏
Great interview but did not get his website or link
Great stuff
Congrats on your success Eduardo!! Pump and dump baby!!👌👌
Wow Love it !
Edu, CRACK!!!
he reminds me of Lalo from better call saul. "show me" :)
Hai Eduardo Briceno
everyone who got in 2020-2021 made a killing buying the dip.
I missed out
I keep waiting for Eduardo's coffee cup to fall over.
Is there a course for a biggener, I'm looking to start day trading
Anybody captured the names of the books he was talking about..??
Breaking the Habit of Being Yoursel (Joe Dispenza)
@@ivanmel Thanks bro!!
“Chop wood carry water” for process
That mimics. Lol. This whole interview is like an ideal job interview with an ideal candidate saying all right things.
So why aren’t any of his students who had followed for years achieving the same?
So everyone who has a baseball coach that used to play in MLB should play in MLB? Likewise, everyone who plays basketball and gets a private coach should be in NBA? Just trying to understand how you process thoughts here. Or is it because he doesn't shove success stories in your face that means no one has improved? Help me understand why on a Saturday morning this was your key takeaway you felt you needed to post from an interview with lots of great information to hear. Tell me more. What's the REAL issue you're having trouble with?
Mastodonte
👽🫶🏻