Trading Psychology - Seeking More Validation To Enter Trades (FOREX)

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  • เผยแพร่เมื่อ 21 ธ.ค. 2024

ความคิดเห็น • 110

  • @doyle__e
    @doyle__e  2 ปีที่แล้ว +69

    How many confluences do we need? Or are we scared to lose money?

    • @theepicpotatoe6073
      @theepicpotatoe6073 2 ปีที่แล้ว +17

      We just scared fr

    • @theepicpotatoe6073
      @theepicpotatoe6073 2 ปีที่แล้ว +5

      At least im scared lmao

    • @Bilo434
      @Bilo434 2 ปีที่แล้ว +2

      Scared bruv!

    • @christopherayoubvika7465
      @christopherayoubvika7465 2 ปีที่แล้ว +2

      at least 3 for me

    • @dajah2.0
      @dajah2.0 2 ปีที่แล้ว +3

      I need market direction
      Supply
      Demand
      Support
      Resistance
      Candlestick setup
      Liquidity
      But depends on how my trade look I mainly look for that candlestick setup and demand setups. Your course help completely

  • @DistantKingdom
    @DistantKingdom 2 ปีที่แล้ว +7

    all the confluences in the world but you can still lose - facts! Just take the right trade every single time and accept the results whether win or lose

  • @thealbatross402
    @thealbatross402 2 ปีที่แล้ว +25

    A great analogy I heard by Mark Douglas was think if you were a school teacher, you wouldnt be in agonizing pain every time you buy pencils or school supplies for your classroom. The same should apply to trading. "The amount of money that we pay for the edges that don't work is simply the cost of doing business to make ourselves available for the trades that do." - Mark Douglas

    • @Nigel514
      @Nigel514 ปีที่แล้ว

      Powerful words

  • @gunryoghostable
    @gunryoghostable 2 ปีที่แล้ว +34

    This one came right on time. I trade futures and missed 700 ticks on 2 trades the last few days because I hesitated. Setups was clean too just needed "More Validation"

  • @dezh6345
    @dezh6345 2 ปีที่แล้ว +7

    That paralysis by analysis ain't no joke. I spent a year making my trading style more complicated. Thinking I'm really doing something. And now I'm trying to make it simpler.

  • @dc6953
    @dc6953 2 ปีที่แล้ว +7

    This man literally was talking to me the whole vid. Not pulling the trigger, bouncing from strat to strat. I had 3, 1:20 winning trades, met my standards and still didn’t take the trade. My strategy so simple, and I was still being a bitch. Ima make sure I play this video before I come to the charts. I definitely need to adopt the fearless, shot taking mentality. Fuck it

  • @kimoralee9581
    @kimoralee9581 2 ปีที่แล้ว +5

    You gotta get comfortable with being uncomfortable and not knowing everything.. you just have to at some point, losses are inevitable anyways like ..but the point Doyle making is to get experience and from there your confidence tends to naturally build and you’ll be so numb to the losses detachment is key gang 🤝 don’t be afraid to mess up or feel WRONG ❤️☮️

  • @MCSusito
    @MCSusito 2 ปีที่แล้ว +6

    I was doing this last year, i would study each and every video out there, strategy, ebooks, even assisted to live trading courses and just what Doyle said that happened. Information overload, because of so much shit i had absorbed one setup could be a buy and at the same time a sell, and depending on the outcome my brain would inclinate the balance in favour of the winner strategy its just crazy how mind works... and that will keep you always in a loop. Until a found Doyle and simply everything clicked, he's way of being, personality, thinking, strategy, mentality... everything clicked so perfectly with myself i said this is the guy i was looking for and... here im, on going with my FTMO challenge. So the best advice i can give everyone is, find that mentor that clicks with you and forget the rest, just erase them even go off from your social networks if necessary. You need to sacrifice, and work hard... this shit aint easy, lets keep grinding!

  • @chaz159
    @chaz159 2 ปีที่แล้ว +12

    Doyle bro, I've just started trading and you're one of the few TH-camrs that keeps it real. No bullshit just straight facts. I want to become a profitable trader like you and be my own boss (stuck in my 9-5). I can't emphasise enough how much your videos have helped me on this journey. Much love from the Punjab bro!

    • @doyle__e
      @doyle__e  2 ปีที่แล้ว +3

      its a process... enjoy the journey

    • @rickeychavarria2771
      @rickeychavarria2771 ปีที่แล้ว +1

      Same brotha I just started learning about forex …I’m slowing saving money in the stock market ….but I may try to get funded idk yet …:depends on how things go on my journey ….I want to be confident in my abilities to read charts before I make a decision …..I don’t have money saved up yet because COVID made me start from scratch I about lost everything I had .

  • @crimson3510
    @crimson3510 2 ปีที่แล้ว +11

    So absolutely true, you need to backtest and feel what fits your psychology...Find out what fits you. Traders should stop judging different trading styles, end of the day, if it makes you money, IT MAKES YOU MONEY.😎

    • @doyle__e
      @doyle__e  2 ปีที่แล้ว +6

      forex is a reality show, all ppl do is compete lowkey

  • @CJPIONT123
    @CJPIONT123 2 ปีที่แล้ว +3

    BIG FACTS right here, spend that quality time with your strategy backtesting and you’ll naturally become more comfortable with the results. You not gon be comfortable hanging around somebody you don’t know like that same thing goes for like trading a unfamiliar strategy

  • @beyondthecourtwKB
    @beyondthecourtwKB 2 ปีที่แล้ว +6

    Much needed bro, My strategy works and it’s been some wins and some losses but still have to control my emotion big time! Keep doing these psychology videos 🔥🔥🔥🔥🤟🏾🤟🏾🤟🏾🤟🏾

  • @vilkensaintfar
    @vilkensaintfar 2 ปีที่แล้ว +7

    Always on time with these videos I miss over 5 setup on GBPJPY I would've been pass my FTMO.

  • @ljksn
    @ljksn 2 ปีที่แล้ว +6

    This is one of the BEST videos on trading I've ever watched. You nailed it. Thanks so much Doyle! Much success to you in the markets sir!

  • @CeeeooReacts
    @CeeeooReacts ปีที่แล้ว

    everything you say, lines up with all the struggles I have. trading psychology is very important and I appreciate how you relate to everyone and keep it 100. fire, fire content

  • @breonaclarke7645
    @breonaclarke7645 2 ปีที่แล้ว +6

    You’re always on time i needed this 😭😭 thank you!,,

  • @tishabsmith
    @tishabsmith 2 ปีที่แล้ว +1

    Gucci NorthFace Waka back again droppin gems… who you are in real life reflects into your trading was really a key statement! appreciated ✊🏽

  • @wahmmydakidd7435
    @wahmmydakidd7435 ปีที่แล้ว +1

    I love these videos and I swearr ima go back and like all of them this playlist has really opened up my eyes thank you doyle

  • @prosperityroddy5686
    @prosperityroddy5686 ปีที่แล้ว +1

    I had information overload last week, I know people say you should get your information from more than one person, but I found myself getting confused and had to take a break from trading for a week. And decided to follow what’s been working for me instead of trying to learn all of these different things

    • @Nigel514
      @Nigel514 ปีที่แล้ว

      I've been there you try to find something new and then end up overloading forgetting that you have a working strategy most of the times it's other traders or ig posts that pressure you to ignore your intial trading plan that was my experience but i finally got out of that phase.

  • @pianodreams8751
    @pianodreams8751 2 ปีที่แล้ว +1

    Doyle I think you’re the truth and you have brought me to consistent profitability after many gurus, strategies, academies, and swaggy c. You got me there !! Thank you! Because I care about your channel I want you to add a disclaimer in the beginning that states that trading is risky, etc just to further protect yourself! Stay up!!

  • @Vanjee24
    @Vanjee24 2 ปีที่แล้ว +8

    It’ll probably be a good idea for her to take a week off from trading so when she comes back she’s more than ready to execute more trades with less hesitation. Or if you’re not sure just lower your lot size

  • @Insectist
    @Insectist 2 ปีที่แล้ว +3

    This came at the right fucking time bro! I been having confidence issues lately and my Mentor had to check me and said now its my time to fly on my own since im profitable, but my issue now is self doubt and thats a hard and scary phase.

  • @itsjcoley
    @itsjcoley 2 ปีที่แล้ว +4

    Gotta accept that no strat is going to win 100% of the time. I started to accept that once I gained a good amount of experience. Now the only time losses phase me is when I know that I broke my rules

  • @budcompanyrecords7584
    @budcompanyrecords7584 2 ปีที่แล้ว +1

    True dat Doyle. For me, I always remind myself that I miss 100% of all the shots I don't take.

  • @holffx8454
    @holffx8454 2 ปีที่แล้ว +2

    for me Psychology serie is the most valuable keep grinding

  • @SevenArt.
    @SevenArt. 2 ปีที่แล้ว +2

    Was needing a trading psychology video

  • @Goku-ss4ws
    @Goku-ss4ws 2 ปีที่แล้ว +2

    Analysis Paralysis is such a real thing!

  • @RazcuhL
    @RazcuhL 2 ปีที่แล้ว +3

    Bro please keep doing these psychology videos they help me out so much, peace & love 🤞🏻💪

  • @alisaultimate
    @alisaultimate 2 ปีที่แล้ว

    actually needed that video in a way, we make our analysis based on our thoughts yet we want something or someone else to confirm its right. Without having the believe that we already know how we should act in that situation. By believing and just taking the jump.

  • @r6ast
    @r6ast 2 ปีที่แล้ว +2

    Bro one thing I had to ask myself today was do I want to trade for a career or do I just want to trade as passive income. Do I want to depend on my trading for my living expenses, why am I trading. Not alot of people who teach people how to trade make me ask myself these questions as much as you bro and I really appreciate it

  • @Year9FX
    @Year9FX 2 ปีที่แล้ว +1

    You are right Doyle!! Awesome video!!!

  • @HopeKTrades
    @HopeKTrades 2 ปีที่แล้ว +1

    This video is Literally Right on Time. Great stuff Doyle.

    • @doyle__e
      @doyle__e  2 ปีที่แล้ว

      🙏🏾

  • @theepicpotatoe6073
    @theepicpotatoe6073 2 ปีที่แล้ว

    Brooo i had to come and rewatch this video.....YOU ARE SPITTIN'!!!

  • @JB-TheDonWoo
    @JB-TheDonWoo 2 ปีที่แล้ว +1

    I needed this video 🙏🏾🔥🔥

  • @jaronmccombs9799
    @jaronmccombs9799 2 ปีที่แล้ว +2

    Much needed 💯💯💯 always appreciate the 🔥🔥🔥 content

    • @doyle__e
      @doyle__e  2 ปีที่แล้ว

      ✊🏾🔥

  • @morris7745
    @morris7745 2 ปีที่แล้ว +1

    I've made about 12% this year and this is exactly the biggest problem I have had right now. Just gotta grow balls and execute when the time comes lol.

  • @DEV.FUTURE
    @DEV.FUTURE 2 ปีที่แล้ว +1

    Needed this video right here

  • @DopeItzTheeOne
    @DopeItzTheeOne 2 ปีที่แล้ว +1

    1 hour is all I need I see I mark zones if price hits and reacts to those zones I’m entering the trade without question and shouldn’t be risking what you’re not willing to lose.

  • @fashjnr6834
    @fashjnr6834 2 ปีที่แล้ว

    love this video, can you talk more about how trading reflect real life. Cant find any video about it.

  • @spaceafb
    @spaceafb 2 ปีที่แล้ว +2

    On point 💯

  • @dajah2.0
    @dajah2.0 2 ปีที่แล้ว

    Trading in the zone for sure

  • @sportmodemgmt
    @sportmodemgmt 2 ปีที่แล้ว +1

    Bro look fresher and fresher every week!!!! Grey with the cream colorway sheesh

  • @Wholenewszn
    @Wholenewszn 2 ปีที่แล้ว +2

    I needed to hear this

  • @edwincreekmur3620
    @edwincreekmur3620 2 ปีที่แล้ว +1

    Always great content!!!

  • @quandaliousdingleton6290
    @quandaliousdingleton6290 2 ปีที่แล้ว +1

    i always like before the vid even starts lol ik he coming w the fire

  • @ErfanMMS
    @ErfanMMS 2 ปีที่แล้ว +2

    Always fire🤗🤗🤗

  • @toluayo3498
    @toluayo3498 2 ปีที่แล้ว +1

    Thanks a lot man

  • @theotothefuture
    @theotothefuture 2 ปีที่แล้ว +2

    Try lowering your lot size to an amount you don't mind losing.

  • @aymen8275
    @aymen8275 2 ปีที่แล้ว

    Thank you

  • @swavystylez8606
    @swavystylez8606 2 ปีที่แล้ว +1

    if u see the shot take it thats what good RR for in my book 💯💯💯 u only got to b rite 30% of the time with 1to3 rr to b profitable

    • @swavystylez8606
      @swavystylez8606 2 ปีที่แล้ว

      40% with a 1to 2 its crazy how we can lose more and still win IYKYK 🤷🏾‍♂️ lol

  • @moneymikeb6801
    @moneymikeb6801 2 ปีที่แล้ว +1

    Fire as usual bro God 🔥🔥

  • @jrthatdude
    @jrthatdude 2 ปีที่แล้ว

    Most people get like that when there over leveraging if it's not going to hurt your account either way it won't affect u

  • @muhammadbnjaay
    @muhammadbnjaay ปีที่แล้ว

    Bro I can’t thank you enough.

  • @juanfusilier4292
    @juanfusilier4292 2 ปีที่แล้ว +1

    I bought two courses I traded retail at first but it wasn't for me then I learned institutional trading

  • @Aniexo_
    @Aniexo_ 2 ปีที่แล้ว +1

    Me asf waiting and waiting, whole time the move is happening without me. WHILE I’m waiting 😩

  • @antoniomarsbar
    @antoniomarsbar 2 ปีที่แล้ว +1

    Bro one time I was back testing a new strategy. Bih was HITTIN! tell me why FIRST trade live I got wicked out-$450 literally right after I placed the trade 😫😫

  • @TMO-Official876
    @TMO-Official876 2 ปีที่แล้ว +1

    First it’s Omarfx btw

  • @Champagnetrades
    @Champagnetrades 2 ปีที่แล้ว +1

    Faxxxxxx… and good Gucci north face lol

  • @KingJT80
    @KingJT80 2 ปีที่แล้ว +3

    if you dont pull the trigger you'll never now your win rate. paper trade then find out where your win rate is at. then change your R:R to be more efficient if you need to
    risk management is one the "big secrets" to forex or day trading
    volatility is another
    thats the long and short of it dont think so damn much.

  • @nolimitrl
    @nolimitrl 2 ปีที่แล้ว +1

    real talk people be wanting hella confirmations... if yo ass just dont hop in the trade and let it be... you waiting for too many confirmations you will miss most of the move and will jack up your R:R

  • @kimoralee9581
    @kimoralee9581 2 ปีที่แล้ว

    No fr youtube be counter productive sometimes binge watching trade videos will have you thinking it’s always sone secret sauce u don’t know.. it’s not good fr💯

    • @kimoralee9581
      @kimoralee9581 2 ปีที่แล้ว

      Some ^**…. Too much revision will spoil the stew know that💯, if its broken don’t fix it.

  • @deucebilla
    @deucebilla 2 ปีที่แล้ว +6

    analysis paralysis

    • @Bilo434
      @Bilo434 2 ปีที่แล้ว

      💯💯

    • @jamillia53
      @jamillia53 2 ปีที่แล้ว

      😩😩😩

  • @rotrades
    @rotrades 2 ปีที่แล้ว +2

    Journalling will really help y'all get in tune with yourselves and you'll be able to see if it's fear or otherwise🙌

  • @kingart34
    @kingart34 2 ปีที่แล้ว +1

    My problem is I over trade 🤦🏾‍♂️ I can make my goal and make it so fast that I don’t stop. I’m coming over from stocks and forex is simpler and faster imo.

  • @Roxo_Vazio
    @Roxo_Vazio 2 ปีที่แล้ว

    Bought 0 courses, just had a friend who believed i was smart enough to learn how to trade. Over trading, entry points, and patience are my problems

  • @cashcow9340
    @cashcow9340 2 ปีที่แล้ว

    New vid 🤞🏿

  • @bohanoninvestmentgroupi
    @bohanoninvestmentgroupi 2 ปีที่แล้ว +2

    Hey Siri, play Rusty by Veeze🤣

  • @frank.5376
    @frank.5376 2 ปีที่แล้ว

    if you’re scared to pull the trigger, just risk less than what you normally would.

  • @kinglooch1813
    @kinglooch1813 2 ปีที่แล้ว +1

    🔥

  • @theotothefuture
    @theotothefuture 2 ปีที่แล้ว +1

    Lol trading is a paradox frfr

  • @sportmodemgmt
    @sportmodemgmt 2 ปีที่แล้ว

    Why dont you trade Wednesdays

    • @abdoufaye6883
      @abdoufaye6883 2 ปีที่แล้ว +1

      to take a break so hes not on the chart 24/7

    • @sportmodemgmt
      @sportmodemgmt 2 ปีที่แล้ว

      Nice thanks for the reply bro foreal

  • @theblackhippiechannel
    @theblackhippiechannel 2 ปีที่แล้ว +1

    🌱🌱🙌🏾

  • @goldenratio1952
    @goldenratio1952 ปีที่แล้ว

    Missed a trade, damn here we go again.......🤦‍♂😂

  • @AmariTrades
    @AmariTrades 4 หลายเดือนก่อน

    I’m late but you need to backtest… simple

  • @tisa1629
    @tisa1629 2 ปีที่แล้ว +1

    Great video...I recommend the book, "Thinking in Bets" by a poker world champion. Its about making decisions when you don't have all the facts...Thank me later.

  • @Nigel514
    @Nigel514 ปีที่แล้ว

    Analysis paralysis is a trading disease on God I've missed over 30 clean setups this year because of fear

  • @Csj597
    @Csj597 2 ปีที่แล้ว

    Paralysis by Analysis

  • @DarkestInTheRoom
    @DarkestInTheRoom 2 ปีที่แล้ว

    I am about to get *information overload* this side💔