1. Doing Nothing is an Action 2. Requires Conscious Control (of doing nothing) Don’t get sucked into the intra price action or short term Don’t think about doing some action outside of your rules Use loop timer to bring back your focus Check your trading plan Zoom out and look at the bigger picture Journal your thoughts on trades you were going to take Breathing exercise 3. Process Driven Approach Know your edge Have your playbook 4. Mental Framework/Execution Strategy Truly understand what it takes to mentally hit that buy/sell button Is it FOMO Is it greed Is it boredom Does it meet all your requirement in your playbook 5. HYTOS aka hypothesis (if and then statements) Create scenarios as to why you’re going to take or not take action. For example, if the price is between 2 areas you’re going to sit and not take any action. 6. Review Process Tag your trades: What was the overall market doing at that time What are some other variables you can connect that you normally don’t think of Collect all the data over time and analyze what works and what doesn’t under various situations
Well, While doing nothing can be an action,, sometimes Traders are pressured to perform, thats where the rush to take every Trade counts,, most times, just sitting and watching the chart is enough work for the day,
1. doing nothing is deliberate action 2. gain conscious control of doing nothing (have a list of criteria) 3. make it process driven 4. have execution strategy 5. develop if(then) scenarios 6. develop trade review
Hi Alan, I have been training for 6 months now, have a updated list of criteria that I've want to have changed, but I still violate them. Like, i set a profit target, reach it and still can't click the button to close the transaction and end up losing. How do you practice to get ahead of such weakness? Thank You!
@@mbellafiore19 I found that " how I waited is how I traded ".... Angry Impatient waiting leads to lousier trades.... Patient waiting leads to better trades
Depends on the source of the inaction, doesn't it? It has to be a conscience act, showing self-awareness and self-control, however If it based on crippling fear, inaction could save your butt or be an indication that you don't have the education enough to react correctly.
IMO, there is a difference between not placing a trade and "doing nothing". My objective is to apply the "mindfulness" to stay busy when there is not a good trade setup. "Doing nothing" carries a negative connotation.
* Doing nothing is an action. * Journaling Upcoming set ups * Finding NOTRADE zones and stick to your plan * Keep a checklist of your parameters when finding a trade. Thank you, Really good information ... Hard work pays off & ENJOY the process
When it comes to investing, diversification is the key, that's why I engage in sectors based on projected growth. There's no shortcut to getting rich but there are smart ways to go about it
Forex market is by far the biggest and most popular market in the world traded globally by large number of individuals and organizations. Anyone who thinks of breaking out of financial struggles should consider investing crypto market.
Literally have watched this 5 times this week. Especially in these volatile times. Helped me a bunch this week. NQ provided so much range and opportunity.
Planning ahead can really minimize taxes! I've made a smart reinvestments, especially with some great guidance from a pro for a half year now, and it's been a game changer. I was able to reinvest my RMD strategically, and I'm now pulling in about $25k a week, despite doing very little trading myself. It's a nice cushion against financial stress. Best of luck with your RMD decisions!
Really good video, especially the part about "when to push the button". THAT is huge. Knowing those SPECIFICS for your trading plan really helps with patience, bc now you're just waiting for those things to happen. As a newbie it's easier said than done at times, but this is where refining your edge comes into play.
After a long period of spreadig myself thin looking at everything , every setup everyuptick and down tick...and chasing every move, I now knoe edge is thin, am at that stage of funneling down and am finding huge success.
Thanks for your advice about REAL TIME JOURNALING. It gave me great results, once an hour I take down some notes. And compair to my hypothesis about the day.
Great video! I’ve been struggling with exiting trades before I hit my stop in an effort to cut losses short. I end up taking a small loss but the trade ends up going in my favor. Today I watched the price action pull back a bit BUT I watched it objectively AND I didn’t focus on the ‘pain’. I didn’t ignore where my stop out limit was, I just had to be comfortable with the fact that I was CLOSE to it... not AT the limit. Sure enough, with a little patience the price action picked up and did what I had originally anticipated. My point being that patience is also practiced IN the trade, not just in the set up. Great video and thank you for sharing
I'm super late, but this video with Merritt has been excellent! I do see the benefits of a process driven trading approach. One thing i'm looking to implement further are the checklists. Am writing it out and integrating it with my other processes as well. Always appreciate the valuable content from SMB
00:01 Improving patience in trading is crucial for success. 02:34 Patience is the capacity to accept delay or trouble without getting upset. 05:06 Developing trading discipline and patience is crucial for success. 07:08 Implementing conscious control over trading using simple tools 09:11 Stalking and journaling trades bring conscious awareness to your trading decisions. 11:32 Implement a process-driven approach for strategy 13:54 Establish clear trigger points for trade entries. 16:11 Emphasize the importance of thorough trade review process 18:10 Develop trading patience and conscious control 20:29 Building structure in trading leads to success 22:28 Consider context for improving trading edge
For traders with some experience, trade plans and setups etc, this is one of Merrit's best, and he has some excellent work on this channel. Thanks for posting !
Thank you for posting this. Very generous to allow others to listen in on this trader’s actionable advice on improving as a trader. Gosh, so... generous. Again, thank you.
more people should see this type of content about trading. personally speaking, as a new trader i wasted a lot of time on learning how to work with indicators and now i see i have not worked on my mind as a trader! well thank you and god bless!
Ever since, I am regular with SMB videos ... I have started reducing on my losses. Yet to work a lot on the 'Sniper Technique ... Timing the market' ... but yes trade journal aided with checklist started to bring in improvements in my trading style.
Its harddddd. Trying to trade and follow your strategies and have patient....its not easy at all. Your brain goes blank and you just jump into a trade....knowing you shouldnt be in. But your brain tell you to...do it... just do. Having patience and discipline even as a good trader.... takes time. You'll get there slowly not overnight. Take feom someone who lost 1000s trading, but won it all back. Good luck!
Fantastic delivery! I study trading and all its variables 12 - 14 hours a day, including most weekends. I've come such a long way in the last 12 months, paper trading for 10 of those, and trading on Lightspeed for the last 2. Its epic, its now my life's goals to become consistent after a varied career in the military and now the technology industry. I just want to thank you and SMB for more quality content, this short video was full of gems that need attention and focus everyday.
Thank you so much. I'm currently struggling with being patient and discipline in my trading. I have set of rules and checklist that if followed will guarantee a win for me but I still find myself ignoring them. I believe strongly that I will master myself and be the disciplined trader that I seek.
My biggest downfall in life, no patience. Hasn't burned me trading options, (except for bailing early on a few that ended up positive. lesson learned). Still learning though, only 3 mths in, up 55% trading 2-4% of my account balance on any one trade. you guys at SMB are great. can't believe this info is out here for free
A lot of the journaling I would do would be the thinking I had after opening the trade, while the trade is on, and after it is complete. I like how he points out the difference, and advantages to, journaling the thinking prior to potentially opening a trade, in the stalking stage.
Man thank you so much for doing this video. I feel like my trading will improve a lot, especially for the execution strategy part and the hypos where I shouldn't take a trade.
I liked making a check list.. I'm definitely going to implement that in my trading before I trade. Also get my mind out of auto pilot.. This is not a hobbie I WILL take the necessary steps for self- mental improvement in my trading. Thanks SMB Capital..
Thanks so much for sharing this valuable video with the trading community Merritt. This along with Mikes "3 simple ideas to to improve your trading results" are some of the things I am still struggling with. The thing that resonated with me the most in this video is "making a checklist for taking a trade" and finding the conditions where my strategy's edge is diminished and the conditions of under performance. I have been trying to think of ways to reduce my losses and improve my edge and this will be key I believe. Now to do the work to determine those areas. Thanks again for sharing
Amazing content you publish guys. And great to hear somebody talking about vpocs, value areas and stuff. Today I was patiently waiting 4 hours for such trade and it payed off. Love that 🙂
I'm using market profile just went live after years of demo back tested my ability to scale made a growth plan on my level 3 growth plan on demo 5k profit doing micros...started over trading found myself in the hole with my efforts revaluation of patience discipline max loss or trades per day waiting for edge of profile if traderview agrees with my direction or turn back into volume... crawling out of 500 loss from over trading not capitalizing on winners
Thanks for that! Good points. I believe it would have been good also to expand on when you cut your patience (Stop being patient in this trade) and be convinced that you are wrong! Meaning normally, you are patience because you believe your hypo will happen and you are giving it bit more time or room due to information the market is giving you. So 1) What is your advise on when the trade is not going your way that the trade is a wrong trade and need to something about that vs patience and 2) and how do you compare that to being flexible and can easily adapt to market changes? ... So the scenario, you are in a trade, it starts to go against you, you are patient, it goes more against you ....then for example you see info in order flow that the market is reversing and signs that goes against your direction... So what do you do? You close the trade and go the other way... probably we need a video for that! and thanks for all the good work you are doing guys - appreciated!
I really enjoyed listening to this talk- lots of good points of exploration and reminders/encouragement on how to reach goals and stay on track with small, but important steps.
really good video , as im starting daytrading i found that being a good analyst is useless if you dont have the values of a good trader : being patient , humble and really accepting the risk. im overcoming a problem with waiting for signals to be 100% complete. i used to hit the trigger with a little of tape reading and it usually fails then give the real signal and succed. real thanks Merrit
This guy is really cool. His tone of voice too. Very possibly he is meditating, doing yoga and potentially has experience in playing some individual sport. Are there any touching points btw actual facts and what I wrote. Also and foremost, thanks for sharing your thoughts and knowledge.
@@smbcapital It takes an extremely talented student to learn theory and apply it perfectly. I am mediocre, so I “paid” the market and derived all these myself. Then I found your series of trading bible and realise that I am on track. It’s good enough for pros, and greatly appreciated by hobbyist myself. Today I also thank TSLA for the $50 slide.
Great content. Coming off a loss this is exactly what I needed to listen to. Fought the trend and got caught. Going to add this video to a playlist and remind myself doing nothing is an action.
But these are disciplines that experienced and properly prepared traders enact as habits. Obviously these explanations are given for the benefit of absolute beginners. I am surprised.
Hi Merritt Black I enjoy your videos and take notes.. as in writing Down what content you deliver and how I can use it .I'm only a beginner but I want to be a sponge for good education so thanks for .keep em coming! PS.All the way from Sydney Australia.
Thanks for the video ! Though i trade Forex and many years ~ its still a good reminder..... I like to code my ideas so I at least stick to 80 ~ 90 % of my rules
I'm so impatient, I'm watching this @ 2x speed!!!
lol... Bruh
that's just efficiency
😂
Ĺ
😂
1. Doing Nothing is an Action
2. Requires Conscious Control (of doing nothing)
Don’t get sucked into the intra price action or short term
Don’t think about doing some action outside of your rules
Use loop timer to bring back your focus
Check your trading plan
Zoom out and look at the bigger picture
Journal your thoughts on trades you were going to take
Breathing exercise
3. Process Driven Approach
Know your edge
Have your playbook
4. Mental Framework/Execution Strategy
Truly understand what it takes to mentally hit that buy/sell button
Is it FOMO
Is it greed
Is it boredom
Does it meet all your requirement in your playbook
5. HYTOS aka hypothesis (if and then statements)
Create scenarios as to why you’re going to take or not take action. For example, if the price is between 2 areas you’re going to sit and not take any action.
6. Review Process
Tag your trades:
What was the overall market doing at that time
What are some other variables you can connect that you normally don’t think of
Collect all the data over time and analyze what works and what doesn’t under various situations
This is the best summary, thanks.
Thank you need to print this out. ❤
Thanks dear
Well, While doing nothing can be an action,, sometimes Traders are pressured to perform, thats where the rush to take every Trade counts,, most times, just sitting and watching the chart is enough work for the day,
Great summary
1. doing nothing is deliberate action
2. gain conscious control of doing nothing (have a list of criteria)
3. make it process driven
4. have execution strategy
5. develop if(then) scenarios
6. develop trade review
II yui
thanks bull
thank you for saving my 24 minute
Hi Alan, I have been training for 6 months now, have a updated list of criteria that I've want to have changed, but I still violate them. Like, i set a profit target, reach it and still can't click the button to close the transaction and end up losing. How do you practice to get ahead of such weakness? Thank You!
Hero
"Doing Nothing Is An Action"
Indeed.
great quote indeed
@@mbellafiore19 I found that " how I waited is how I traded ".... Angry Impatient waiting leads to lousier trades.... Patient waiting leads to better trades
Depends on the source of the inaction, doesn't it? It has to be a conscience act, showing self-awareness and self-control, however If it based on crippling fear, inaction could save your butt or be an indication that you don't have the education enough to react correctly.
Better no trade than a trade (in some situation) 📈📉
IMO, there is a difference between not placing a trade and "doing nothing". My objective is to apply the "mindfulness" to stay busy when there is not a good trade setup. "Doing nothing" carries a negative connotation.
* Doing nothing is an action.
* Journaling Upcoming set ups
* Finding NOTRADE zones and stick to your plan
* Keep a checklist of your parameters when finding a trade.
Thank you, Really good information
... Hard work pays off & ENJOY the process
When it comes to investing, diversification is the key, that's why I engage in sectors based on projected growth. There's no shortcut to getting rich but there are smart ways to go about it
Forex market is by far the biggest and most popular market in the world traded globally by large number of individuals and organizations. Anyone who thinks of breaking out of financial struggles should consider investing crypto market.
Wow! You are right. Telling someone about forex market and those assets to invest in isn't financial advice but it's life advice
Does she also offer mentorship, lectures and tutorials?
How good is her services. I mean trading forex with her
Literally have watched this 5 times this week. Especially in these volatile times. Helped me a bunch this week. NQ provided so much range and opportunity.
i can hear and look from his voice, this capable man with huge of wisdom porpotion, dont compare with other influencer trader
"Using loop timer to keep your mindset at bay" is the best trading advise i ever received 🙏 Thanks 👍
What does that mean
Planning ahead can really minimize taxes! I've made a smart reinvestments, especially with some great guidance from a pro for a half year now, and it's been a game changer. I was able to reinvest my RMD strategically, and I'm now pulling in about $25k a week, despite doing very little trading myself. It's a nice cushion against financial stress. Best of luck with your RMD decisions!
25k a week? Amazing! how did you get started?
I signed up for a 1-on-1 trading session. It's like copy trading, but with personalized guidance.
Honestly I really need help learning to trade. Seeing my portfolio low makes me very sad.
the session was secure and a supportive way to improve your trading skills while earning, the best part is there's no upfront payment required at all
I suggest consulting with Patricia for guidance, This way you can get strategies designed to address your unique long/short-term goals
Thank you so much this channel is gold for traders at any level
Really good video, especially the part about "when to push the button". THAT is huge. Knowing those SPECIFICS for your trading plan really helps with patience, bc now you're just waiting for those things to happen. As a newbie it's easier said than done at times, but this is where refining your edge comes into play.
Trading is all about suffering, what a beautiful concept, because it is true, investing your hard earned money is suffering.
After a long period of spreadig myself thin looking at everything , every setup everyuptick and down tick...and chasing every move, I now knoe edge is thin, am at that stage of funneling down and am finding huge success.
Best thing I listen to all weekend!
Great information! Timeless truths. This video will be just as relevant for someone watching this 10 years from now.
Loved when you said doing nothing is an action. Truely the hardest part!
Just a fantastic video with great suggestions, will work on them this weekend for next week . Much appreciated!!
Realizing your edge is the same as merril. Priceless. On the right track.
Thanks for your advice about REAL TIME JOURNALING. It gave me great results, once an hour I take down some notes. And compair to my hypothesis about the day.
Great video! I’ve been struggling with exiting trades before I hit my stop in an effort to cut losses short. I end up taking a small loss but the trade ends up going in my favor. Today I watched the price action pull back a bit BUT I watched it objectively AND I didn’t focus on the ‘pain’. I didn’t ignore where my stop out limit was, I just had to be comfortable with the fact that I was CLOSE to it... not AT the limit. Sure enough, with a little patience the price action picked up and did what I had originally anticipated. My point being that patience is also practiced IN the trade, not just in the set up. Great video and thank you for sharing
Great insight! Thank you for that
great video. trading is a very mental game and keeping fomo under control is critical
Merritt is a great guy. Really like his explanations.
Watched this video 4 years ago when i was just starting trading … 4 years later im back 😁 its now making more sense relatable
How’s trading going?
@@tonytony-hz1cg it’s going well slowly getting there
I'm super late, but this video with Merritt has been excellent! I do see the benefits of a process driven trading approach. One thing i'm looking to implement further are the checklists. Am writing it out and integrating it with my other processes as well. Always appreciate the valuable content from SMB
Glad it was helpful! Never too late!
00:01 Improving patience in trading is crucial for success.
02:34 Patience is the capacity to accept delay or trouble without getting upset.
05:06 Developing trading discipline and patience is crucial for success.
07:08 Implementing conscious control over trading using simple tools
09:11 Stalking and journaling trades bring conscious awareness to your trading decisions.
11:32 Implement a process-driven approach for strategy
13:54 Establish clear trigger points for trade entries.
16:11 Emphasize the importance of thorough trade review process
18:10 Develop trading patience and conscious control
20:29 Building structure in trading leads to success
22:28 Consider context for improving trading edge
One of the best SMB videos I’ve seen.
thx Jeff!
Wow Godbless you man. I have gained a lot of value from this video. Very intelligent guy and well spoken
Wow! I felt like he was talking directly to me with all my mistakes trading today. Thanks SMB Capital
Right there with you
That’s what we are trying to achieve!
Kene Obi ndewo. Biko abum onye ofuru n'ahia nunwa. Agam achu afa gi na facebuk k'anyi kpa. Ndalu.
For traders with some experience, trade plans and setups etc, this is one of Merrit's best, and he has some excellent work on this channel. Thanks for posting !
this has to be, by far, one of the best videos out there...
Thanks Aqua Trader! :)
Thank you for posting this. Very generous to allow others to listen in on this trader’s actionable advice on improving as a trader. Gosh, so... generous. Again, thank you.
more people should see this type of content about trading. personally speaking, as a new trader i wasted a lot of time on learning how to work with indicators and now i see i have not worked on my mind as a trader! well thank you and god bless!
Ever since, I am regular with SMB videos ... I have started reducing on my losses. Yet to work a lot on the 'Sniper Technique ... Timing the market' ... but yes trade journal aided with checklist started to bring in improvements in my trading style.
Simulation trading can be really beneficial. Practicing impatience with simulation trading can teach good lessons without loosing money!
Soothing voice. Helped my trading and my insomnia.
Its harddddd. Trying to trade and follow your strategies and have patient....its not easy at all.
Your brain goes blank and you just jump into a trade....knowing you shouldnt be in. But your brain tell you to...do it... just do.
Having patience and discipline even as a good trader.... takes time. You'll get there slowly not overnight. Take feom someone who lost 1000s trading, but won it all back. Good luck!
Fantastic delivery! I study trading and all its variables 12 - 14 hours a day, including most weekends. I've come such a long way in the last 12 months, paper trading for 10 of those, and trading on Lightspeed for the last 2. Its epic, its now my life's goals to become consistent after a varied career in the military and now the technology industry. I just want to thank you and SMB for more quality content, this short video was full of gems that need attention and focus everyday.
I don't know that I am so satisfied with anyone with their opinions thank you for your guidance 🙏🙏🙏🙏🙏👍👍👍👍
Thank you so much. I'm currently struggling with being patient and discipline in my trading. I have set of rules and checklist that if followed will guarantee a win for me but I still find myself ignoring them. I believe strongly that I will master myself and be the disciplined trader that I seek.
Great advice, need to put more detail into my executions.
I will be watching this video again and again and again ....thank you so much for uploading makes so much sense
My biggest downfall in life, no patience. Hasn't burned me trading options, (except for bailing early on a few that ended up positive. lesson learned). Still learning though, only 3 mths in, up 55% trading 2-4% of my account balance on any one trade. you guys at SMB are great. can't believe this info is out here for free
The concept of "context" where the strategy works best is very helpful
I have the same rules and you confirmed me that I'm doing well, best regards from Poland
@Bob witaj bracie :)
A lot of the journaling I would do would be the thinking I had after opening the trade, while the trade is on, and after it is complete. I like how he points out the difference, and advantages to, journaling the thinking prior to potentially opening a trade, in the stalking stage.
6:40 Doing Nothing is an Action, it requires conscious control
18:35
22:22 Context for an Edge/EP 22:57 Find
probably the best video on youtube
thx!
Thank you 🙏
i have all the 6 steps and you described everything soooo well man thank you, this year will be mine.
You got this!
Man thank you so much for doing this video. I feel like my trading will improve a lot, especially for the execution strategy part and the hypos where I shouldn't take a trade.
Glad it was helpful!
Brilliant, brilliant video! Love the deliberations of the guy! Gonna see many times to remind me about good practices!
Oh wow I've been using a looper alarm since I started. Glad to hear that is a good thing to do.
This is the best SMB video I've watched. Thankyou v much
I liked making a check list.. I'm definitely going to implement that in my trading before I trade. Also get my mind out of auto pilot.. This is not a hobbie I WILL take the necessary steps for self- mental improvement in my trading. Thanks SMB Capital..
glad it was helpful Ken
Thanks so much for sharing this valuable video with the trading community Merritt. This along with Mikes "3 simple ideas to to improve your trading results" are some of the things I am still struggling with. The thing that resonated with me the most in this video is "making a checklist for taking a trade" and finding the conditions where my strategy's edge is diminished and the conditions of under performance. I have been trying to think of ways to reduce my losses and improve my edge and this will be key I believe. Now to do the work to determine those areas. Thanks again for sharing
thanks Brent!
Brilliant video. This is a true gem.
Thank you
Welcome!
Thanks for sharing great information👍 March 25 2022, lately the volatility has provided amazing setups👍
thank you, my stupidity led me to this. they say losses make you a better trader as long as you embrace it :) :) :) (hug)
Amazing content you publish guys. And great to hear somebody talking about vpocs, value areas and stuff. Today I was patiently waiting 4 hours for such trade and it payed off. Love that 🙂
thx Tom!
I'm using market profile just went live after years of demo back tested my ability to scale made a growth plan on my level 3 growth plan on demo 5k profit doing micros...started over trading found myself in the hole with my efforts revaluation of patience discipline max loss or trades per day waiting for edge of profile if traderview agrees with my direction or turn back into volume... crawling out of 500 loss from over trading not capitalizing on winners
This is good stuff. Same thing every experienced trader says: slow down and take it slow.
absolutely!
I really needed this! I will play it over and over again! This builds confidence and patience at the same time
One of the BEST lesson in trading👍
Patients the key to all success
very understandable
Excellent presentation. This video should be watched multiple times to fully internalize.
Inspired! More! Never stop grinding! Thank you!
Thanks for that! Good points. I believe it would have been good also to expand on when you cut your patience (Stop being patient in this trade) and be convinced that you are wrong! Meaning normally, you are patience because you believe your hypo will happen and you are giving it bit more time or room due to information the market is giving you. So 1) What is your advise on when the trade is not going your way that the trade is a wrong trade and need to something about that vs patience and 2) and how do you compare that to being flexible and can easily adapt to market changes? ... So the scenario, you are in a trade, it starts to go against you, you are patient, it goes more against you ....then for example you see info in order flow that the market is reversing and signs that goes against your direction... So what do you do? You close the trade and go the other way... probably we need a video for that! and thanks for all the good work you are doing guys - appreciated!
I trade like that now it a shitty idea patients is the key. If it’s not going your way get out. And look for a new setup if you wish.
"No trade zone" Love it! Never thought about this.
I really enjoyed listening to this talk- lots of good points of exploration and reminders/encouragement on how to reach goals and stay on track with small, but important steps.
thx Amy!
Merritt vidz are the best.
Bro Fest agree he is great!
Great key point takeaway in this video content…I’ve really enjoy it, i will share it to my mate…it seems like we kind of lacking the patience lately.
really good video , as im starting daytrading i found that being a good analyst is useless if you dont have the values of a good trader : being patient , humble and really accepting the risk. im overcoming a problem with waiting for signals to be 100% complete. i used to hit the trigger with a little of tape reading and it usually fails then give the real signal and succed. real thanks Merrit
Very nice talk
One of the most valuable video I ever watched on trading. Thank you
Especially during today’s time, this is much needed and appreciated. Thank you.
This guy is really cool. His tone of voice too. Very possibly he is meditating, doing yoga and potentially has experience in playing some individual sport. Are there any touching points btw actual facts and what I wrote. Also and foremost, thanks for sharing your thoughts and knowledge.
thank you for sharing this just makes SO MUCH sense...i will definately apply these startegies to my trading ..thank you
PLAN THE TRADE TRADE THE PLAN!!!!!
Heck yeah, Merritt you show the world what Southern Boy work ethic is all about.
Your tutorials are crazy good. Wish I heard this instead of thru dollars in losing trades
the hardest way to learn
@@smbcapital It takes an extremely talented student to learn theory and apply it perfectly. I am mediocre, so I “paid” the market and derived all these myself. Then I found your series of trading bible and realise that I am on track. It’s good enough for pros, and greatly appreciated by hobbyist myself. Today I also thank TSLA for the $50 slide.
Great content. Coming off a loss this is exactly what I needed to listen to. Fought the trend and got caught. Going to add this video to a playlist and remind myself doing nothing is an action.
I can't find such content anywhere else! Thank you Merritt and SMB!
Really nice video, great message and well presented. Thanks for sharing 👍
Thanks for watching Bill
I love the sniper idea.
Money is made in the waiting.
we like the idea to!
Excellent video. EXCELLENT.
Thanks Jorge
Quality content. Great presentation.
Much appreciated!
Identifying No trade zone is the most helpful and important parameter..
Fabulous talk! Thank you for sharing your wisdom.
Hard work pays off. Hard work does pay off.
But these are disciplines that experienced and properly prepared traders enact as habits. Obviously these explanations are given for the benefit of absolute beginners. I am surprised.
Hi Merritt Black I enjoy your videos and take notes.. as in writing Down what content you deliver and how I can use it .I'm only a beginner but I want to be a sponge for good education so thanks for .keep em coming!
PS.All the way from Sydney Australia.
Thanks a lot razzy!
Hey Merritt, great info! I especially liked the idea of journaling "why" I got into a trade, then following up. Have fun!
Thanks for the video ! Though i trade Forex and many years ~ its still a good reminder..... I like to code my ideas so I at least stick to 80 ~ 90 % of my rules
Just found you.
Powerfull stuff man!
Time to update my checklist
Thanks for this video! I can be massively patient but the key is to know WHEN to be patient for me.
wow great video sir i shall try
I'd have much more money by now if I'd done all these things in the past... But one needs to learn by losing tons of money usually ;)