Trading has been rather rewarding to me and I've learned that getting a good return is very much attainable if you know your way around it. I've watched my net worth grow exponentially these past months.
You say it like it's easy forgetting that not everyone is as lucky as you are. I've traded for months now without any progress. How are you able to do it?
It's totally far from luck. My IA, Herman Jonas has consistently outperformed the market ever since I got on his program. He has continued to put my money to good use in the market with $25k making me optimal return of over $101k
Do not forget that when it comes to trading, prices can be erratic, rising and declining quickly, often in relation to companies' policies, which individual traders or “experts” do not influence.
@@samricher Made millions from selling trading books? Haha. That's funny. He was also a trader in his spare time, in addition to being a trading coach for some of the most successful traders in the 80's and 90's.
@@life_of_riley88 that is a fact. Trading in the zone is one the most popular trading book ever. I read it a couple times and there is definitely a value. But he earned his success through the sales and promotion of his teaching/writing career. Don’t forget “Those who can, do and those who cant, teach”
@@samricher Douglas was a coach for some of the best traders to grace the floor lol I wonder what those successful traders have to say about their coach? Who cares if he sold guidance.
after 1.5 years of trading and failed multiple funded i finally made a payout on 50k then scaled up to 150k. passed and was close to payout but something switched and i blew this in 2 days. i think this video covered my solution about not being fully prepared to scale up because my mental while playing on 50k was too chaotic and not mechanical. thank you :)
Traders! Watch the full video, absorb the analogies, examples and principles I share - most importantly, think deeply on them and implement them. Let me know your main takeaways in the comments below 🙏
This is what I am fighting right now. I can trade 2 contracts easily. When I try to bump up I am thinking more about the size of the loss instead of the process of the trade. I understand what you're saying I'm just struggling to do it.
Very good point about social hierarchy, but for most people there's no shortcut for that , you have to grind and withdrawa money(assuming you have found your technical and experience edge)from your account until maybe someday you gain confidence to trade bigger amount. That's why prop trading is not for everyone, i trade my own small capital.
Thank you for all your effort, I'm new here but already I got what I wanted the difference between not making profits consistently, For me I know exactly what I'm not doing right so I'm going to do right and apply everything I learnt from this video.
But here's the catch: process-based trading is not necessarily the best approach in trading. Good trading systems all include variying discretionary decisions, therefore the real "holy grail" in trading if there was such thing to make the discretionary decisions as processed-based as possible.
I disagree. Process based trading is the best approach to long term consistent profitability. Far too many traders confuse discretion/ “intuition” with greed. They use discretion as a justification to pursue their impulses of greed. Yes, the key is to test and make mechanical every component of your trading system
I understand that is the problem but I wish you had a video offering advice on how to actually get there. There has to be exercises or a process of letting go. Thanks again
Journal & log what you think & feel so that you can come up with your own answers to your own questions so that you don't have to look outside of yourself for any answers. You already know the answers to your questions if you pay attention & be honest with yourself.
Great video Pat, thank you for sharing this is and the listed resources. I really like your explanation along with the illustrations - couldn’t clearer.
I've actually always been more or less the opposite. The more capital i have, the better i trade because it's much easier to control the impulses to be greedy and it's easier to stick to my risk management strategy because my brain isn't feeling like it needs to overleverage to make a "decent" amount.
Yes, the current offer includes a personalised coaching plan for you as well as a fully unlocked dashboard so you can work through it quicker than 12 weeks.
So we must have a mechanical trading plan and move to a bigger lot size until you are comfortable with that. These are the only two points from this whole video.
I’ve been making a lot of losses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?
50k account am I willing to lose 5k. Wow, no wonder I have not gotten any further than where I am now! I have been at 46k but have not been willing to go any further thinking I need more money. The real reason is the fear of taking more risk to scale my account.
❤Copy trading has truly transformed my life. After losing fifty-eight thousand dollars last month trading on my own, I've found immense success and happiness with copy trading. I've just purchased a house for my family, and I'm overjoyed.
FREE RESOURCES FROM VIDEO:
Bulletproof Your Mindset Tool (Free): masteryourtradingmindset.com
6-Figure Trading Plan Template (Free): masteryourtradingmindset.com/6figuretemplate
Trading has been rather rewarding to me and I've learned that getting a good return is very much attainable if you know your way around it. I've watched my net worth grow exponentially these past months.
You say it like it's easy forgetting that not everyone is as lucky as you are. I've traded for months now without any progress. How are you able to do it?
It's totally far from luck. My IA, Herman Jonas has consistently outperformed the market ever since I got on his program. He has continued to put my money to good use in the market with $25k making me optimal return of over $101k
Do not forget that when it comes to trading, prices can be erratic, rising and declining quickly, often in relation to companies' policies, which individual traders or “experts” do not influence.
I'm green to the trading space. I work most of the week and barely have time to myself. I'd like to use mentorship. How can I get to him?
Hermanw jonas that’s his gmail okay
Mark Douglas always said: You need to leave "trade by trade" thinking behind, and focus on a *Series of trades* mentality.
Actually it’s the opposite. Dougless was a journalist and salesman. He made millions from selling books and not trading
@@samricher Made millions from selling trading books? Haha. That's funny. He was also a trader in his spare time, in addition to being a trading coach for some of the most successful traders in the 80's and 90's.
@@life_of_riley88 that is a fact. Trading in the zone is one the most popular trading book ever. I read it a couple times and there is definitely a value. But he earned his success through the sales and promotion of his teaching/writing career. Don’t forget “Those who can, do and those who cant, teach”
Allways think of the next hundred trades… and still keep in mind that you are just looking for that one trade… 😂
@@samricher Douglas was a coach for some of the best traders to grace the floor lol I wonder what those successful traders have to say about their coach? Who cares if he sold guidance.
after 1.5 years of trading and failed multiple funded i finally made a payout on 50k then scaled up to 150k. passed and was close to payout but something switched and i blew this in 2 days. i think this video covered my solution about not being fully prepared to scale up because my mental while playing on 50k was too chaotic and not mechanical. thank you :)
Great video. Mark Douglas covers this very well. Professional traders are obsessed with the process, whilst amateurs are obsessed with the outcome.
im loser not profitable but still learning any vedios tutorial in youtube ..thank you for sharing mate
My pleasure!
Traders! Watch the full video, absorb the analogies, examples and principles I share - most importantly, think deeply on them and implement them. Let me know your main takeaways in the comments below 🙏
THANK YOU FOR THE VALUE DERIVED FROM THIS EPISODE!
This is what I am fighting right now. I can trade 2 contracts easily. When I try to bump up I am thinking more about the size of the loss instead of the process of the trade. I understand what you're saying I'm just struggling to do it.
Stay out your confort zone
Dont think, just trade...dont pay too much attention on lot size and loss...you are already trading 2lots not much difference
Visualize yourself trading the amount you want according to the process
This the most clearest visualization I needed this
Good to hear
Amazing video. This right here--the mental part of trading, is the toughtest final boss to defeat in Trading.
💯
Best video on psychology I’ve ever seen in 5 years of education.
Appreciate that
Very good point about social hierarchy, but for most people there's no shortcut for that , you have to grind and withdrawa money(assuming you have found your technical and experience edge)from your account until maybe someday you gain confidence to trade bigger amount. That's why prop trading is not for everyone, i trade my own small capital.
Thanks for the interesting video. Please which electronic pen software and graphic hardware pad do you use?
Thank you for all your effort, I'm new here but already I got what I wanted the difference between not making profits consistently, For me I know exactly what I'm not doing right so I'm going to do right and apply everything I learnt from this video.
Nice work!
Great insights mate. very thought provoking video. much appreciated
Good to hear 🤝
This guy is awesome level of trading knowledge, solute you sir
I appreciate that!
But here's the catch: process-based trading is not necessarily the best approach in trading. Good trading systems all include variying discretionary decisions, therefore the real "holy grail" in trading if there was such thing to make the discretionary decisions as processed-based as possible.
I disagree. Process based trading is the best approach to long term consistent profitability. Far too many traders confuse discretion/ “intuition” with greed. They use discretion as a justification to pursue their impulses of greed.
Yes, the key is to test and make mechanical every component of your trading system
I understand that is the problem but I wish you had a video offering advice on how to actually get there. There has to be exercises or a process of letting go. Thanks again
Journal & log what you think & feel so that you can come up with your own answers to your own questions so that you don't have to look outside of yourself for any answers. You already know the answers to your questions if you pay attention & be honest with yourself.
Maybe have a beer or two before the bell rings
Great video Pat, thank you for sharing this is and the listed resources. I really like your explanation along with the illustrations - couldn’t clearer.
Glad it was helpful!
You need to decrease the size of yourself and make the actual content bigger in the video 👍🏻
😂 took me a second to understand what you meant
It would be better if hes just a bubble and make the content bigger. Good video
I've actually always been more or less the opposite. The more capital i have, the better i trade because it's much easier to control the impulses to be greedy and it's easier to stick to my risk management strategy because my brain isn't feeling like it needs to overleverage to make a "decent" amount.
Thank you!
Hello, pat I am looking to join the 12 weeks program, I am curious to know whether the course allows you complete the program in less than 12 weeks?
Yes, the current offer includes a personalised coaching plan for you as well as a fully unlocked dashboard so you can work through it quicker than 12 weeks.
Thank you. Very helpful
Glad to hear
Thanks great video!
After watching this video I feel more like an animal but it was intriguing because now I know I have a lot to work on.
That is the cutest drawing, all the little cones
«A trade is something that just happens… « but you need to know your instrument to play it right! 😂❤
One of the biggest traders said forget about the money and play the game
So we must have a mechanical trading plan and move to a bigger lot size until you are comfortable with that. These are the only two points from this whole video.
are you a lewis mocker student ?
I’ve studied his content over the years 🙏
Mate such a good video
🙏💪
Thank you mentor❤
Welcome!🙏
all it is at end of day is basic statistics and math and compounding
That’s definitely a component. It’s not everything though
Thank you
How much have you made?
I’ve been making a lot of losses trying to make profit trading. I thought trading on a demo account is just like trading the real market. Can anyone help me out or at least advise me on what to do?
I will advice you should stop trading on your own if you keep losing.
If you can, then get a professional to trade for you I think that way your assets are more secure.
I’d recommend Viola Patterson , her profit is great even when there’s a dip
you dont need to be shocked haha because i'm also a huge beneficiary of her
I've seen a lot of positive reviews about this professional, she must be exceptional for people to talk about her goodness
50k account am I willing to lose 5k. Wow, no wonder I have not gotten any further than where I am now! I have been at 46k but have not been willing to go any further thinking I need more money. The real reason is the fear of taking more risk to scale my account.
Have u made a million?
You had me until you basically called humans logical and rational. 😝
Becareful who you listen to online. 97% of traders fail, meaning probably 97% of who you follow anit got it.
I’m not sure that’s how that works…🤔
@@robertshafer8968 It means based on the stats you're probably not legit.
@robertshafer8968 You haven't shown a track record of profit. You're a lair.
❤Copy trading has truly transformed my life. After losing fifty-eight thousand dollars last month trading on my own, I've found immense success and happiness with copy trading. I've just purchased a house for my family, and I'm overjoyed.
🤣
Thanks for the interesting video. Please which electronic pen software and graphic hardware pad do you use?