4.9 • 2.3K Ratings
🗓️ 19 December 2022
⏱️ 56 minutes
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0:00.0 | Chat with traders is brought to you by the Chat with Traders community, a new membership |
0:05.9 | based community away from social media where traders can connect and enrich their trading |
0:11.0 | journeys. |
0:12.0 | Hi, this is Tessa. |
0:13.3 | Do you feel stuck in moving forward in your own trading journey? |
0:17.2 | It's not just you. |
0:19.0 | Trading is one of the most difficult pursuits in life. |
0:22.3 | Even for the most seasoned and successful traders as we've listened to many of the guests |
0:26.8 | on the show tell of similar stories and similar struggles, they continually face the challenges |
0:33.3 | of staying at the top of their games. |
0:35.8 | Taking the long view approach to trading makes sense because it takes time to gain the |
0:41.2 | experience, the skills and knowledge to experience the wins, the losses and failures to learn |
0:48.0 | from them. |
0:49.0 | Pick yourselves back up when we fall, improve and refine our strategies, edge and processes. |
0:55.3 | But if we don't have self-discipline and don't consistently practice risk management, |
1:01.3 | then the game unfortunately would end too early for many of us because we would run out |
1:06.7 | of money, capital and self-confidence even before having the chance to learn and improve |
1:12.8 | over time. |
1:13.8 | That's where it goes wrong for most traders starting out and where most traders fail and end |
1:19.6 | up proving the trading failure statistics right. |
1:24.0 | Trading can be a lonely journey, but it doesn't have to be. |
1:28.2 | A trader can easily become discouraged, complacent, stray or even deep and unhealthy habits and |
... |
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