The Mindset of a Trader | Hicham Benjelloun | TEDxYouth@RAS
ฝัง
- เผยแพร่เมื่อ 14 พ.ค. 2024
- Finance Professor Hicham Benjelloun addresses the tools to become a successful trader.
Finance Professor This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at www.ted.com/tedx
It involves controlling and tracking all the money flowing in and out of the business, as well as taking steps to make the company as profitable and financially secure as possible.
But financial management for business is a much more complex pursuit.
When most people think of financial management, they often think of managing their own bank accounts: paying the rent or mortgage, paying utility bills, buying groceries, maybe even planning a monthly budget.
Every business needs to sell products or services, pay expenses, balance the books, and file taxes.
According to Timothy Eric Meek an expert, the finance team’s primary job is to make sure the company stays solvent and never runs out of cash-but it’s not their only job.
He knows what it takes to handle a companies or an individuals finance, i am very sure of that judging from his perspective.
if you found this video is boring, then you don't have a trader mindset. Trading is boring, if you looking for excitement through trading, the market will crush you.
Absolutely
Very true
Absolutely true words
💯
Rs
-probability mindset
-poker face
-highly organized and discipline (more than the average person)
-be present
-everything is a situation
- replace positivity with clarity
-replace hope with focus
Or write an algorithm ... sit watching it stressing out of your mind, go to the depths of despair when it loses, cry with happiness and thanks to God when it wins. Constantly worry if tomorrow will be a bad day.
...
Hello bro! This video is interesting!!
I am novice in crypto space. But I came across some good points about GraphLinq. I suppose it’s the greatest moment to invest now. Their graph options seems great but I need your explanation
OK??!
@@MrSimonw58 if trading stresses you out that much it ain't for you! 🤷🏻♀️🤦🏻♀️
psychology is def most important aspect of a consistently profitable trader. in the words of my mentor : everyone see's the same chart but not everyone has the same frame of mind
Lewis aron coach is teaching newbies how to trade on the web
its the greeks that matter not the psychology
@@pankajchandwani21 I'm sorry but what did you mean by the greek
Failing at trading with a winning strategy is because you are trading your profit and loss .
ARE YOU PROFITABLE NOW
if you're trader then this is real jam , so underrated video .
...
Completely agree 🤓
Swears
Brother you are profitable now ?
He said nothing new. These are fundamentals.
this is the most 24 minute I enjoyed in my life thanks a lot for this info.
This video is a gem. Probability is the soul of the trading game. Once you understand that probability is in your favor, it eliminates fear. The two strongest emotions i've had to deal with trading is Fear and Greed.
Dealing with it now brother, this video helped me alot
I am a trader and spend too much time to learn and try to find a very good strategy to be always right when I place a trade but i am wrong,and i know most of new people those who come in market they try to find a magical strategy to be always right.
I just want to say that trading is like a game of probability.
You have to stick with your strategy and plan for a long time then you get a meaningful results.
You say this but I doubt you make more than you lose every month
@@jalen2172 I think your boring setup which gives you profit just wait for it to happen if you deflect from the same process you will be punished by market is that happened for others?
“The extend of success is pure luck. Do not expect to be a statistical error, expect something good to happen.” This sentence is the most truth I heared in a long time.
Despite barely saying anything, he actually managed to say more than 95% of trader teachers
...
He said absolutely nothing, all the comments are laughable
This guy is right
Depends on whether you were hearing or listening..if you were listening then he did say a lot
@@anthonyassante1928 if you look for concrete advice, you will lose all your money. There are thousands of people that will sell you concrete-sounding things and make money of you.
What he says it's very true but useless at the same time.
Thank you for sharing. Financial education is crucial today to show incredible resilience and discipline in the volatile market, masterfully balancing strategy and insight for success. This dedication to continuous learning is inspiring...managed to grow a nest egg of around 100k to a decent 432k in the space of a few months... I'm especially grateful to kelvin Hurdle, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
He mostly interacts on Telegrams, using the user-name..
@KelvinHurdle..
Yes I can believe that, I got victory with him, I was so sad after receiving the first try knowing I invested so low with fear.
I have also experienced his great work too, he's good at trading.
I got a chance to benefit from his services a few months ago and it has been a very smooth experience.
“Replace positivity with clarity and focus” wow 😮
he brought me more positivity by telling me to be realistic than some positive thinking
At start I thought I have started listening to a boring video
But it turned out to one of the most interesting Ted talk out of all hundreds I have listened
I feel his rhetoric and public speaking could improve a lot, but the content he shared was great. It was the like a delicious meal served in a grey tuna can
@@matiasdonatti3746 well that's what the traders mindset does to a person. And it works for him.
(1) Trading is 80% psychology and 20% technical analysis...
(2)Win& loss is 50/50 so think with probabilitic mindset...🤷♂️🧡
It's of geting to the side of 60/40 ore makeing 50% wins larger than 50% loses.
@@Antifacio easy to say hard to do
@@prakharmishra4198 Yes. when market goes in different direction it's hard. I watched hedge fund videos, and for them it's all the same. 3.) money management and risk control. So not to risk with what you cant lose. But when oil prices go wrong... 4.) experience. (working on this)
....
😂😂😂😂 this is how you've been losing
Its funny how the speaker is so akward , so not likeable (he is not unlikeable or dislikeable, you get me tho) and talking about something so raw and superficial like trading, and yet he provided better subject material about depression, mindfullness, anxiety and success than any video I have seen in the past few years.
His perspective and his overall speech ties a lot of things together, giving us a clear (not simple) way of approaching not only trading but also life in general. A most impressive TEDx talk.
Clarity, being realistic, live in the moment and keep doing it over and over again you’d win! The video in a nutshell.
I really appreciate the dedication and perspective in each video you post For someone with less than $20,000 to invest, how would you recommend we enter the crypto market? Investing has proven so well to be beneficial but I am at studying some traders and copying their strategy rather than investing myself and losing money emotionally what's your take on this approach?
The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ ETF you focus on
I agree. Based on personal experience working with an investment advisor, I currently have $885k in a well-diversified portfolio that has experienced exponential growth. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
@@macbilly9467How do you suggest I get one please?
Funny how people still believe the only benefit from crypto is holding, trading is the real deal. I am happy i've started learning and earning from trading with Greg T. Martin Fx
@@allyssafigueroa1441he often interacts on Facebook
A perfect storm is brewing in the United States. Inflation, bank collapse, severe drought in the agricultural belt, recession, food shortages, diesel fuel and heating oil shortages, baby formula shortages, available automobile shortages and prices, the price of living place. It's all coming together and it could lead to a real disaster towards the end of this year (or sooner). With inflation currently at about 6%, my primary concern is how to maximize my savings/retirement fund of about $300k which has been sitting duck since forever with zero to no gains.
These are the conditions in which life-changing money is made by those who remain calm, patient, and take controlled risks. Volatility goes both ways. The bigger the red candles, the bigger the green ones.
@@carolynrose1816 Investing in stocks can be a wise decision, especially if you have a dependable trading system that can lead to successful outcomes. Personally, I've been working with a financial advisor for about a year now. Starting with less than $200K and I'm now just $19,000 away from making half a million in profit.
@@kurttSchuster I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same. Is there any chance you could recommend who you work with?
@@tonicruger my advisor is ‘’NICOLE DESIREE SIMON ’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.
@@kurttSchuster Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
he was all over, but he nailed it on the concept, clarify and focus, find it everyday when you do in life or trading , then define your clarity and success and you will go far whoever is reading this. Thanks Professor Hicham.
...
Here and now is a good place to be. Thank you sir.
This dude describe me so perfect except for the waking up the same time, The most important thing is to remove HOPE in trading and be able to control the voice in your head and make decisions without it, basically when I'm trade it's not there 💯
Don't go on view count and likes. This is really good. And most importantly his clarity towards his terms is excellent.
Maaaaahesh
Overall, 51% of traders think this year would favor stocks, mutual funds, and other equity-based investments, despite Treasury yields and other safer cash-like investments paying big. I’m looking for opportunities in the market that could fetch me $1m ahead of retirement by 2025
What are the best additions to a $500k portfolio to boost performance? ETH is Up and will do better, I believe as indicators for profits continue to improve, investors like me believe that “Santa has come early” to the markets
wow massive gains! my partner recently hinted on going same direction.. what did you invest in, and who is your investment advisr please, if you don’t mind me asking? in dire need of asset allocation
HE IS ON TEL GRAM
*@michaeltpin*
twitter too
Fantastic presentation. Thinking in terms of probability and maintaining emotional balance is key to trading success
i just clicked on this to get some information on another topic but wow he really hit the nail on the head about how successful people behave thumbs up al the way
Spirituality intertwines with trading at this juncture. Only seasoned traders who have grappled with challenges truly grasp it. Novices continue searching in the wrong places for a miraculous strategy, a crucial step in their evolution. Hopefully, they comprehend this before emotions inflict irreparable damage on their lives. 🙏
Everybody can mark up a chart, everybody can plot support and resistance lines, the difference between a win and a loss is patience and knowing when to pull the trigger. Wait for price to come to you.
...
Word!! 🙌🏻
Bro how is your trading journey after two years of this comment
I realized this last year of September and have taken 7 trades since then till February. Trust me its a 100% win so far. Thing is "the key to winning in trading is knowing when to wait and when to trade".
@tarunsai7429 I don't want to sound cocky, I feel like I've mastered gold price
Hey, I've been doing crypto trading for a while now, but It's not working out for me because I lack a good trading system. What crypto to invest in right now?
Go for bitcoin, but find a good trader who would guide you more on this
I think trading is easier with a professional mentor, it helps reduce the chance of running into losses.
Trading without any guide is so risky, you need to get a good mentor to guide your trades.
Kathleen Susan is probably the best I've ever come across. I got into the market with 14k and I'm up with 200k in a short period of time. I was able to build a business from my returns 💚
Mrs Kathleen Susan service made me who I am today and God is the master planner
This is an awesome presentation. I'm a trader and what he says is applicable in life not just trading.
That’s what’s most significant.
crystal clear explanation for the trader mind set
Thanks Professor Hicham
What is said about the link of positivity and sugar is spot on.
this is my favourite video on technical analysis ive seen. really boils down the essence of technical analysis. i feel like now im starting to learn to fish
very underrated talk, he gave it all away! Thanks!
A real master , thank you Sir
Imp takeaways :
Be in the present
Have a clear mind
Develop probabilistic mind
Know the difference between reality and positivity
Learn to control the emotions
Important concept to bear in mind on this lecture is....
Replace the word Positivity with Clarity and
Hope with Focus.
Very wonderful & realistic talk. Thank you Sir 👍
...
To be honest the best one who explain and me it simple to understand the right characteristics of the consistent and disciplined trader.
Very enriching lecture and very valuable information for any trader searching for the consistency on the active trading field 👏 👍
Excellent gold nuggets here. Thank you for sharing. This is something one can use.
Some were feeling bored out there, But some were clearly taking notes. Really a undervalued insight to be honest!
Your thinking and way of teaching is absolutely clear. I like it the way you explained lemon 🍋 example
...
This is gold God bless you for this
Brilliant - Thank you Hicham
THANK YOU HICHAM AND TEDx
this is a gem
This is philosophical in nature but very deep. If you can adopt a non-dual way of thinking you will become happy and if you're happy life will take care of you. Money is just a tool it will come and go but ultimately it's not about it.
You can contact Dr Smith for proper guidance
His strategies are top notch
+14064517205 WhatsApp
Follow up his online classes too
Improve your skills
A legendary speech from a man who knows his stuff.
You helped me a lot, thank you for sharing your wisdom!
one lesson i have learn from it is the state of leaving and thinking
with the present forgetting the past and future overall the lesson on having clarity and being focus than positivity and hope.
This is an amazing video that applies to any part of life that relies on volume and probability...which is most fields outside of engineering, healthcare, and other "measure once, twice, three times" professions....but even certain aspects of them!
Thank you professor Hicham
One of the best video I have ever watched... So helpful ❣️
Thank you Professor, you are spot on
Just starting my trading career and find out this presentation very valuable and appropriate for my process!
I am not a trader but i learn so much from this video. Like Decipline, not focusing on losses as well as profit just be consistent and also last part where focus on breathing gives us clarity ya that's really true. ❤❤
Very inspiring and explanatory speech thank you!!👏👏
You made it look so simple.. thank you 😃
Thank Prof. Hicham for the mindsets! ✨👍
Lots to think about... 🤔
...
Chokran bezzaf. This helps a lot.
Excellent interview. Andrew looks like a very humble guy. Thank you and best of luck.
Very realistic treatise on the mind of a great trader.
This was a gold mine applicable in all aspects of life. Thank You 🙏
Thank you it's a great talk thank you again😊
Straight to the point. As a trader this was a nice reminder.
What a beautiful and useful presentation. It should be watched by millions.
Wow what a great talk and a great teacher
Beautiful way of representing the concept 🤝
Trading is boring! If you are having fun, you are not making money.
It's fun when traders jumped on the trade due to FOMO. They buy on the top; then the price immediately drops. Next, they move down their stop loss. And as the price continues to drop, they keep adding and netting down. They HOPE (the worst strategy) it goes back up. They wait until it is too painful to hold on, they exist the trade. Then price suddenly surges up back to their original entry.
Yes. I had made a lot of this sin. FOMO + HOPE = big loss.
So True!!!
Insightful presentation. Detachement is key in trading.
“See things as they are not how they should be”
I started thinking of trading setups lol, how I like to see them
Love from Zimbabwe
This video is masterprice thenx alot Hicham 👏🙌🙌
When he was describing successful traders he basically just described me to a T im naturally disciplined methodical in a creature of routine
Find a good strategy and start trading. You will make money.
Thank you very much ❤
Great Ted talk for traders 👍👍👍
Anyone who fully agrees with that is on the right path, but obviously hasn’t been very successful at trading so far.
That’s the theory.
The reality of trading is a whole other game.
It's seems to me that those who are successful aren't watching or looking for similar videos. This serves the purpuse of telling people that this is a serious and unforgiving business.
Great contents,
Been listening to this one couple of times and I’ll do it until it clicks ✅
Thank you for this video. ✨
I fully agree, the concept of 'positivity' is a trap. better be clear minded than positive, focused than hopeful. makes sense.
Thankiu! Here and now!
...
I've got 12th winning thanks to Mr Steven Logan he's really the best broker I've made £16,400 in 18 days of trading with him
Thanks for this
Very educative. Thanks
This was a good clip. I needed to hear this today.
...
me too
Ignorance is very bad!
I am just 1 year new into trading, I can totally understand the struggles he is talking about 😅
It's hard. Its freeing. I am the problem. The solution is within me.
Being right and being profitable are not the same thing. Once i can free myself of my attachment to outcome, i beloev i can trade freely and profitably indefinitely.
I Really enjoyed this.
Excellent
Inspiring
...
❤❤❤❤ Very true.
Valuable video.
TBH with my 1 year trading experience 😂, I would say the most important thing is to manage risk , if you have more of a loss than you can take I would say cut it. The stock market is a total gamble , we might look at charts and do some fundamental analysis but at the end of the day that’s all “PROBABILITY” . No one knows how the stock will play out . So the best way to be profitable is to manage your risk .
If you know that only after one year then you are on the right path and far more ahead than you think. 😉
Took me 3 years to figure this out. Well done
Bro how is your experience after 3 years of trading please reply bro it may help me a lot
@@tarunsai7429typically people are profitable 2-3 years of experience in trading. I believe thats how hard to master this skill
Studied this talk after going through Mark Douglas’s materials here on TH-cam. Simple clear advice in short format here, and long format with Marks 4 part DVD. Adding TA and sentiments analysis fir the edge, I’ll see where this all takes me. Anyone else trading crypto with this advice?
Thank you prof....
this is awesome!
...
You can speed up on the settings at 1.25 or 1.5 so you will absorb it and will not get bored on his pacing
What a great speech ♥️♥️♥️
amazing talk
Spot on!! Amazing content
...
Great video, saved too 👏
I don’t win all the time but I have a good risk management system and I know exactly when to risk more because that’s the difference I get from other traders.