hey how you doing so today I've got a
really important video for you okay so
this is a video that is from our day
four of our triple threat webinar that
we did we did a day one on stocks day
two on Forex day three on options day
four on the most important topic in
trading which is our mindset right the
trading psychology right the optimal
mindset for trading because you know no
matter how many strategies that you
learn okay
what good is a strategy if you can't
follow it like literally the mindset the
psychology your thought process is the
single most important thing in trading
because you can learn a setup well what
good is a setup
if you don't follow your plan right what
good is a setup if you don't even hold
it to target you sell it too soon right
what good is a setup if when it hits
your stop-loss you don't get out so what
was supposed to be a small loss turned
into a huge loss does that sound like
you
right it was assure me when I started
trading for me the bigger issue when I
started trading was I was never able to
hold on to my trades to target I was
always get out too soon and I would miss
out on the run and I would feel like oh
shoulda woulda coulda I should have been
in it should have been in it and I just
got tired of it right and I worked on
myself I worked on my mindset my
psychology to really work on it and to
improve myself right and since then and
I've been doing pretty well
I hold my stuff to target I don't do
stupid things that don't you know hold
my losers beyond my stop-loss I get out
I take my small loss I move on so you
know being a disciplined trader is the
single most important thing and I think
a lot of people spend time on the wrong
things they spend time on learning the
next big setup the next best indicator
right the next best candlestick pattern
but again all of that is of no good if
you don't follow the strategy if you
don't stick to your plan right you got
to be a confident trader especially as a
day trader right more so because dating
is fast
you got to think on your toes be
confident you know be fully confident
your strategy and then being able to
follow it so today's lesson right you're
gonna love it for sure you're gonna love
it and you I'm too too confident I in
fact too confident there's you're gonna
learn something from it and you're gonna
benefit from it and so definitely enjoy
this one-hour
class that I have for you this was a
webinar we did yesterday this is in fact
one of the replays from a trading
psychology course that I taught I taught
a six hour mindset trading psychology
intensive course right and I did this
for charity a while back and also do it
for hedge funds and a lot of people you
know don't know about me but you know I
trade for myself but then I also consult
and I work with you know pretty popular
trading firms in New York City some of
whom have their own websites they have
their own courses and programs but I
consult with them so I'm paid you know
ten twenty thousand dollars to go out
and speak to you know proprietary
trading firms their traders hedge fund
traders and I work with them
specifically on their mindset the
psychology part of it because you all
know how important it is right if you
ever watch the show billions you know
that girl who's like the therapist for
all the traders right kind of guides
them and you know gets them thinking and
improving and getting better so that's
what I do you know outside of live
traders is that consult with trading
firms and you know I go out and speak to
their traders now kind of look evaluate
their results and you know just get them
in the right frame of mind
I'm not saying be real robotic but the
right frame of mind which is following
your trading plan and focus on getting
better every single day
and not letting your emotions ruin it
because the most important thing in
trading is what's between your two ears
your psychology everything starts here
okay so I honestly think outside of all
the courses that that I've taught I mean
I've dropped the strategy class trading
with an edge the forex course options
course I think outside of them all the
courses that I've taught this is the
most you know this is the course that
I'm proud of myself most about right
this is probably my best work ever
this is probably I would say my life's
best work you know my best teaching ever
has in this course that I taught the
trading psychology course so we're gonna
go into that shortly so let's get
started get ready this is an hour long
recording okay so make sure you turn off
your phones and you really pay attention
okay if you're just listening to it
without really being here it's not gonna
do you any good so again hope you guys
already we did screw up the recording
you know I recorded
all the sessions and uploaded on YouTube
for some reason due to bad internet this
recording got messed up so now I have it
for you I'm editing for you bringing it
out to you and I hope you learned
something from it after you're done
watching I want to hear your thoughts on
what you thought so please comment below
let me know what you thought and if you
got something out of it if it sparks
something for you I want to know about
it so that tells me that okay I should
be making more videos like this because
a lot of retail traders they don't like
topics like this right they want to
learn the next best pattern next Bex
Kendall strict strategy right honestly I
don't like talking about that because as
I said strategy will do you no good if
you can't follow it so if you like more
of these conversations I want to hear
about it so I can make more videos like
it okay so stay tuned enjoy this webinar
get a cup of coffee get a pen get a
piece of paper and enjoy alright alright
so welcome everybody to mastering the
trader live in new trading class that
we're going to be teaching today so
morning well he Steven Shalom paddy Omar
Omar Velez Lee Lee Kathy Joseph Joe Jose
Joel Jeff Jay James Glen David David -
David's in a row Arlene and unabomb
welcome everybody welcome to the
training psychology class so just a few
before we get started just a few
housekeeping announcements are the
classes being recorded
okay so that's are being recorded and
everybody after the class you know in a
week or so everybody's going to receive
the video recording of this class as
well as the slides alright so that will
be taken care of you don't have to worry
about that the other thing I would ask
is up no private messages during the
course because you know I'm recording
the course and what you guys send 2 p.m.
you know it kind of pops up and couldn't
ruin the recording so please don't
private message everything we'll be
using in the public chat for today and
also I wanted to welcome you guys to the
class so a couple housekeeping things
again make sure if you guys are have a
cell phone or something like that please
turn it off for this class because if
you really want to get out the most from
this class you've got to really be here
right not just listen to me not just
hear me out but actually like be here
and be in the conversation because
that's what trading psychology is
trading psychology is not something you
can you know master just by reading a
slideshow or just by listening to
somebody right so let me be here so if
you have your phone with you I would
urge you to turn your phone off right if
you have if you're in a home office then
I would say take two minutes out you
know let your girlfriend let your wife
let your kids know that you know daddy
or mommy is gonna be busy for the next
few hours so they don't disturb you
because what happens is when trading
psychology you get into these
conversations and you start thinking
your brain starts working right you
start thinking of things and ways to
improve and when you get interrupted you
know by a phone call when you get in
comforted by an email when you get
interrupted by your wife your kids it
can really take you off course from the
discussion that we're gonna have here
today okay so I really urge you guys to
again turn off your cell phones
inform your wife your kids your
husband's that and they're gonna be busy
so that you can actually be here now for
this conversation that we don't have
here today all right so with that being
said I just wanted to get an idea of
what kind of audience we have here I
mean I recognize most of the names most
of you guys are pts grads or are already
in the room but then there are some
names that I might not fully be you know
recognized so just before we get started
can you type in a one if you've been
trading for more than one year
all right cool cool cool cool so a lot
of thought you know it's a lot of people
who've been around the block so to speak
right a lot of people so everybody's
been trading for more than one year
that's awesome that's that's fantastic
that's awesome to hear now ten is my
second follow-up question to that
question now how many of you have our
pts grads and how many of you or not so
type in a one if you've taken pts or you
know things like that awesome cool so
Joseph taking Leslie mark Kathy JH alone
okay so zero okay yeah type in zero if
you have not taken it alright cool
awesome great so you know it's not
really gonna make a difference to what
you're gonna get out of the class you're
gonna get out of the class exactly
what's intended to you know to be get
out now don't even why I asked that
question is because a lot of the things
you know make more sense when you have a
trading plan right because a lot of the
issues that traders have that arise from
you know cleaning really come from
within their trading class so though we
even asked that question is because if
you taking pts you kind of have a
strategy right and now we just need to
get you to go to that next level right
and those who've not taking pts you know
you might have another strategy that
you're trading but trading psychology
you know issues are something that every
trailer has regardless of where you're
trading what you're trading and how you
trade okay so let's dive in to the
disclaimer so before we move on with the
class just you know legal disclaimer
here that any information provided is
for educational purposes only you know
we're not a registered investment broker
or dealer or we're not an advisory
service right and if any stocks that we
might be going over today you know I it
might or might not hold positions on
those stocks okay and any opinions that
we are expressing here you know
obviously are my opinions and you know
the opinions of the educators and it's
not really necessarily investment advice
okay and again
creating in any capacity involves
substantial risk of loss basically if
you're involved in trading you know you
can lose money and I'm actually gonna go
as far as to say that you know it's not
that you can lose money like you you
will lose money right everybody does I
lost money for the whole first year so
it's not that alkylating can have where
score you might lose money you will lose
money that's the given everybody does
lose money okay so now that we have that
disclaimer out of the way we can get
started with our class that we had set
out today now you know this course has
really been divided into five chapters
right we're gonna introduce you have an
introduction but take a look at our the
true cost of our emotions you take a
look at some charts and you know see
what we have at the moment as far as our
you know thought process is concerned
we're gonna take a look at personal
turning points we're going to cover a
lot of the different things so the whole
course is really divided into five
chapters
however my goal here is not really to
you know teach you based on the slides
my goal is to really have a discussion
about with you because I personally feel
trading psychology I mean it has so much
to do with our mindset right it has to
do a lot with our minds have pretty much
anything with our mindset that I really
feel the best way to overcome any
challenges that we might be having at
our creating and to really do it in a
conversational style so it really starts
to make sense and today what you're
going to find out is that a lot of what
we cover today is not really just
trading right a lot of these things
we're going to be covering today are
applicable to your rest of your life too
like because I believe firmly believe
that how do you do something is how you
do everything
right so a lot of people say you know
I'm great I'm doing great in my life I'm
you know doing amazing my family life's
great my health is great everything's
great
oh it's just trading there I'm having
issues with and I really want you to
consider that it's not just trading I
really want you to consider that there's
other areas of life that these things do
show up these patterns do show up as
humans we are simply pattern recognition
machines that's all we ever are they're
just pattern recognition machines so
what happens in our personal life does
you know seek in to our professional
life that's
that okay so now what's the intention of
this class okay cuz every time I teach a
class I want to have an intention so the
intention of this class is for you guys
not to learn how to become a
professional trader it's not for you to
learn how to strengthen your mindset my
goal is my goal here is not to teach you
guys how to have a strong mindset my
goal is not to teach you guys to be you
know mentally fit or mentally strong or
you know be robots or overcome your
emotion that's not the intention of the
class the intention of the class is not
for you to learn anything right you're
gonna learn nothing today but they're
the intention of the class is not to
learn the intention of the class is for
you to come out of this class being a
professional trader right living the
embodiment of what a professional trader
is or what the characteristics are so we
will tell you this upfront and in
training it's not really legally you
know allowed to make statements like
this but I'm gonna go ahead and make it
anyway I personally feel that if you
really be here today right in the
conversation and every time we talk
about something try and put yourself in
those shoes try and think about is this
something is this a pattern that is
showing up in my life right try and
think about aliens outside of trading is
this pattern showing up somewhere else
that's the way that's the best we're
gonna get out of this class so again the
goal is not for you to learn anything in
this class the goal for you is to be
alright you don't learn how to become a
professional trader you just be a
professional trader professional trader
has its characteristics its has is you
know things that professionals what it
does and as long as you do those things
you will be a professional trader you
don't need to learn anything okay and
we're gonna dive into that as well today
and take a look at why it's not about
learning but it's actually about being
so before we get started type in a yes
if I have your commitment that you're
gonna play full out today right you're
not going to sit on the sidelines and
just listen to my voice but you're gonna
participate so type in it yet if you're
actually going to participate and you're
gonna play fill out right some of this
stuff might sound hocus-pocus you know
some of this stuff might sound Airy
you know California type it might sound
like that but what I want you to get out
of the class is to get rid of your ego
right get rid of the ego and trade in a
way that a professional trader craves
okay so I already will participate you
know whenever the question is being
asked and also maybe we're asking the
question let's say about Lee we're
taking a look at David's trading right
put yourself in your shoes cause every
time somebody else you know is being
talked about you're also gonna learn all
right so let's dive in so this first
chapter we're gonna take a look at the
truth about trading right mindfulness
failure the life and a lot of other
thing so here's a goal you know I don't
know who made this quote or who said
this code but the codes pretty awesome
right the road to success is always
under construction and if you guys
watched a video that I posted about one
is even true success even mean that's
exactly what is the road to truth the
success is not some destination that you
get right it's that journey is where you
need to find you know your happiness and
the road to success is always under
construction right I'm still working
after learning every single day I'm more
of a you know more a student of this
game than anybody else right and a lot
of people don't know a lot of things
about me but you know cuz they know me
as oh you know he a cleaner he comes in
you know he had live critters but
there's a lot of other things that I
can't talk about because of you know
non-disclosure agreements that I've
signed but pretty popular proprietary
firms in New York City like they pay me
like ten twenty thousand to go out and
speak to their creator so that's tough I
I don't talk about because of the
non-disclosure agreements that we have
with the firm can disclose the names but
that's a lot of other things that I do
and I'm still learning I'm still a
student of the game more than anybody
else every day I'm learning every day
I'm getting better every day I'm
focusing on the next goal as a trader
because the moment you get comfortable
the moment you get complacent like
that's where tree starts to go downhill
and we're gonna take a look at that in
today's lesson as well
so the truth about trading right so
first of all let's not sugarcoat
anything but trading is a very
challenging business right and this is
one of the things that it's sad to see
but people don't talk about online right
if you go to any other trading firm if
you go to any other creating education
course company or anything like that
they're going to be like oh we are
trading is very easy look at our
indicator that we have here or look at
the software that we're selling you or
you know look at this course where you
just do this or that or you know you
just copy these trades I mean they just
want you to believe that it's easy and
today we're gonna have open discussion
I'm gonna when you dive in and even talk
to you guys about how this trading
education industry even works which is a
pretty dirty industry if you know what I
mean so let's not sugarcoat anything
training is a very challenging business
there's just no doubt about it right and
one of the main reasons that people
struggle to succeed in this business is
because it requires a level of
self-discipline and objectivity that
simply isn't necessary or present in any
of the profession now what do I mean
when I say this right so when we work
with someone right or even if you own
our own business we're constantly being
watched and overseen by your manager our
boss our vendor suppliers
clients right you always have people to
deal with and these people constantly
give us feedback and critique our
efforts and results right and they give
us guidelines here now we've had to do
things here's all we must operate bla
bla bla bla bla in essence they are kind
of like our accountability partners
right they're like our personal police
force in the business world making sure
that we told the line otherwise we can
be fired we have consequences if you do
something wrong or perhaps the business
will fail now what happens in theory
what happens in the lawless society guys
right
think about it what happens in a lawless
society chaos that's what happened right
chaos that's what happened in a lot of
society so the truth is that most people
have no experience managing themselves
with no one looking over their shoulder
nobody does that
right and that what makes trading so
darn tough and the reason why most
people prefer
a nine-to-five job that requires very
little creative thinking and also no
responsibility so let me let me explain
this what I really mean by this when I
you know by what's written on here on
this text so think about it let's assume
I'm in a job now alright or even let's
take a trading job for example right
let's say I'm working for a hedge fund
why and I'm just a trader and my boss
was a hedge fund manager and he says
unmould
all right I'm hiring you on board here's
what your salary is gonna be and here
are our policies here are the guidelines
and just follow this and trade like this
alright so you get into this trade when
it does this if it hits this target
you're gonna take your profit and if it
hits this you're gonna get out that's
your job
do it go right ahead and guess what you
do it right you do it why do you do it
you follow the plan that was provided to
you right and why is that why do we do
it when somebody else tells us to do it
well because you're working for him he's
the one paying your checks so if you
don't follow your plan if you don't do
what your boss is saying you're gonna
have consequences are you going to get a
warning then you gonna get fired
eventually all right and same thing with
business let's say we're running our own
business if you have our clients if you
don't do a good job of class or gonna
tell us right if our suppliers tell a
hell you aren't paying your bills on
time they're gonna tell us so we get
constant feedback in any job in any
business we get that but Clady is the
only profession in the whole wide world
where there is no accountability think
about that for a second what I just said
creating of the only business in this
world where you do not have anybody
looking over your shoulder there's no
accountability right there's nothing
there's nobody there's no suppliers and
no vendors there's no clients there's no
anything that's just you and your
computer and computers are human so it's
basically just you think about that for
a second that's what most people don't
make it I've been thinking about it for
so long and the reason why most people
don't make it is just a lack of
accountability because there's nobody
there I mean you could literally come in
and trade you know all day long and lose
money and nobody will
find out I mean a lot of you guys
probably hide it from yours you know
your partner's as well look lady a lot
of you guys called the heart hydra from
your partners and i'll bad you did yeah
how good you did right so that's the
whole thing about this how this industry
work is that we have no accountability
there's just nobody there to help us to
tell us we're messing up and you know
the pretty rooms there people can come
into the trading room and that's a great
approach because then we can review your
trades and you know give you feedback in
the real time but even then if you
really wanted to you could mess up not
take your stop-loss lose thousands of
dollars and simply just close your
browser not tell anybody
nobody they're gonna find out your
friends will never find out your wife
will never find out your partner will
never find out right and if you don't
tell it in the room nobody's gonna find
out so it feels like we're getting away
with it right that's what it feels like
it feels like we're getting away with it
right because there's nobody looking out
and this is the reason most people don't
make it in trading it's just because
they don't have anybody there to tell
you that they're messing up there's no
consequences basically because try this
in a job try this in a job right i mean
i it happened with me i hired somebody
last year obviously I fired her but I
had this girl and all her job was to
that I'm gonna run the moon I'm gonna
moderate and I'm gonna call trades and
you're gonna open my account and you're
gonna be creating it so that I could do
it efficiently so hide somebody and I
gave her the crib that you got to take
and when it gets to two are you exited
for me so basically I hired somebody to
trade on my behalf and I just called out
trades and she wasn't doing it all right
she was messing up she was not holding
to target she was you know thinking
about her own emotions and I just say
you know what it's not gonna work and I
fired
alright and then she was like oh I'm
sorry you know I'm gonna do it again and
you know I might give her another shot
now but do you see because of those
consequences she was like you know what
I'm gonna do it next time I'm gonna fall
a plan because now if you know there's
consequences but as an individual
creator just training for ourselves
there's just no consequences and that's
one of the biggest reasons and you know
and we don't exactly know how we're
gonna react to something until we
actually are faced with it right so
despite what you're gonna learn in this
chapter you'll still have to put in the
time and effort to overcome bad habits
right and this starts with being
objective and honestly you know being
frank and honest with yourself but
that's how that's where most traders
fail they're just not objective they're
just not honest with themselves right
and what happens is it's over before
they even starts and they don't even
know yet so our job is to always be
objective and never make excuses or I
don't be a victim this is not a business
for you to feel like a victim right
there is no hft after you there is no
market maker taking your stop-loss
there just isn't because unless you can
prove it it doesn't exist
simple as that right so there is no HFE
after you there is no market maker and
looking at your stop-loss there's just
nothing that doesn't exist market is the
market market doesn't care about me
market doesn't care about you market
doesn't care about anybody else right if
Bill Gates comes and opens a brokerage
account and puts on a trade and I put on
a trade it's the exact same thing
markets not gonna give any benefit to
Bill Gates because he's Bill Gates right
orders the way or there's work in the
market is cycle right first-in first-out
the first person who puts the other end
is the first one to get filled so you
know another question I always get in
home is like how do you get filled you
know before anybody but that's how the
market works because every time I call a
trade I always put my auto in first so
first in first stop so I'm always gonna
get you know first preference that's
just how the markets work so regardless
of whether it's Bill Gates or watch Lou
Russell grants and on you know Weber
people you know can come market doesn't
care about anybody market is just that
what the market is that's how it is
right so when you're gonna take a look
at in this class and let me just open up
the whiteboard real quick here so the
way I think about edit is in training
yeah let's say this is trading right and
this is not something that I invented
this concept this is something that I
also learned at a workshop that I
attended but and I this was not related
to trading but that I saw you know what
this is gonna be totally applicable to
trading as well so let's say the circle
right
this is all he can ever know about
creating is inside this circle anything
everything we can ever know about
training from strategies to psychology
you manage everything there is to know
about trading exists inside the circle
right now most people this this is an
area right here call what you know right
this is what you know about trading
that's all this is what you know about
trading alright and this is what you
don't know about trading right so this
is what you know and this is what you
don't know now where did what most
people do guys what do most people do
when they don't know something type in
heaven the answer what are the most
people do when they don't know something
right so Lee says learn or doses
research unless this is educate google
it like that just seek answers take it
to make it ask questions study ok cool
all right things
all right thing let's study in research
Google learn so what's really happening
Wendy when you do that right what really
happens when you actually are doing that
so we're learning the stuff that we
don't know right we're learning the
stuff that we don't know in the hopes of
expanding this area right in the hopes
of expanding this area and making the
area of knowing bigger right that's what
we're trying to do so what we don't know
we try and learn that through some
research to study and we try and expand
the area that we know right that's what
we're trying to do but then there's this
whole area right here which is area that
we don't know that we don't know that we
don't know if that makes sense
right so this is what we know they say
what we don't know and this whole area
is area that we don't even know that we
don't even know right and this is what
we call a blind spot now this is not a
concept that I invented this is
something that I learned at a workshop
and I thought you know what this is
going to Seoul
helped corporate creators as well and so
all of this area is our blind spot stuff
that we don't even know that we don't
even know and this is the area that
we're going to deal with today as long
as you agree got to play full out okay
we're gonna deal today in this zone the
stuff that we don't know that we don't
know rather than trying to learn because
you know learning doesn't make a
difference guys learning doesn't make a
difference it's all about actions right
it's all about actions because think
about it go down walk to the street and
see how many people you notice that are
overweight right see how many people
that you know are obese do you think
they don't know what they need to do
right think about it do they don't know
what they need to do don't everybody
knows what they need to do to lose
weight right it's simple you work out
eat less I mean that's it that's all we
need to do so then why is it that most
people aren't receiving the results
because they know what they need to do
and a lot of people think that they
don't know so they try and learn more
right they try and maybe Google
something they maybe read more articles
they may purchase some more courses and
they just keep learning learning
learning but it's that stuff that you
already know and you're gonna look I'm
gonna really explain that to you today
that you already know things right and
it's all about action I'm actually doing
stuff okay all right so fear-based
training so are you a pimp edge trader
full of self-doubt so ask yourself this
question is your fear of loss stronger
than your hope for gain yeah there's
this fear compromise your capacity to
trade profitably so I want you to answer
this question type in a 1 if your fear
of the loss is stronger than your hope
of game so what that means is when you
enter a trade you're more worried about
what you're going to lose then you're
worried about what excited about what
you're gonna make right so you get into
a trade they're actually more fearful of
the loss then you are excited about the
target
[Music]
right see that everybody's one almost
but everything's almost one the way when
we get into the clade basically what
we're saying is we are more fearful of
our losses that the enemy are excited
about our game think about what that
just means right so everybody says oh
you know I'm a really positive person
you know I'm really positive I'm really
optimistic but then this just this one
question negated everybody's theory of
how positive they are right how
optimistic they are so if any of you
thought you were optimistic people you
know now you know who you are you're not
optimistic because your fear of loss is
stronger than your excitement of the
game so everybody in here is a pessimist
okay so now does this feel compromised
our capacity to create profitable you
know you don't need to answer this
because we already know the answer right
the answer is yes this fear of
compromises our capacity to trade
profitably I mean this could be the make
or break between if you're gonna make it
in trading and if you're not all right
and again guys during this class if any
time you think that I'm speaking too
fast or you don't understand anything I
want I want you to stop me right there
okay because I want you to clear every
single thing that we go over today so
anything that I go over doesn't make
sense to you or doesn't resonate with
you or maybe you didn't understand what
I mean feel free to stop me
do not move on or don't let me move on
to the next slide until this first slide
is actually clear all right so what are
options that guys want are our options
maybe our fear-based trader now what can
we do well there's only three things in
a we can quit trading right either we
can continue to trade and lose money
okay
well we can take a look and why we do
what we do yeah that means to take a
more introspective and objective look at
ourselves and our deficiencies because
everybody has that nobody here is
perfect not even me I mean Jared might
be close to perfect but you know I'm far
from and I have so many issues you know
so it's important to take a more
introspective and objective look and our
deficiencies because that's the only way
you're ever going to be able to overcome
it okay so until your fears are overcome
your potential as a traitor your full
potential as a traitor they'll never be
realized I hate to say it but until you
overcome your fears your potential as a
traitor will never be realized I'm going
to say it one more time until your fears
are overcome your potential at the
trailer will never be realized and the
problem in the solution all lies within
ourselves
all rise within ourselves okay because
people who are attending this class
there's three types of people all right
your three types of people who are
attending this class one you know how to
trade but you're not making money right
- you are making money but you know you
have some deficiencies and you want to
overcome them so you can go to the next
level three third type of trigger is
like a I just wanted to check out what
the class is all about there's only
three type of people now the first type
of people who are here will not make it
money you're definitely gonna get a lot
out of this class but make sure to ask
and clear out every question that you
have by the end of this class and those
are already making money and you want to
go to the next level and you want
strategies to help you get to the next
level we're gonna do that too so make
sure to stick around if it's possible if
you guys have to leave that's fine you
guys can watch the recording but
definitely make sure to stick around
till the end because what I'm going to
do at the end of this class is I'm gonna
give every single one we're going to
have like a five-minute conversation and
I'm gonna give everybody a plan to
follow going forward and customized to
everybody it's not gonna be hey
everybody do - all all or nothing no not
like that we're gonna take a look at
everybody's emotions and want to
customize and I'm going to give you a
trading plan to follow for the next six
months now if you come back after six
months and you've been following it I
can pretty much assure you you're gonna
be making money positive right if you
come back after six months and you were
not able to follow the plan then you
know that the fault does not lie in the
industry
the fault does not lie the strategies
the fault lies within and don't be
scared of that just admit that the
follows within and then you are ready to
move forward
okay okay no time David you can watch
the recording but again if you guys are
leaving make sure to type in any
questions that you want to get answered
right because if you're leaving type in
any questions you want answered because
then when you watch the recording and
Lisa is going over your questions right
so that's another good thing we can do
okay so next slide so imagine a business
right guys imagine this imagine a career
imagine a profession imagine a business
where there's very little overhead okay
we can set our own work hours right all
our assets are limited all the time and
we're never going to tied to one place
or one location where they can't read
from anywhere in the world you know we
can't be fired
we cannot be laid off and being on it we
can't be fired we cannot be laid off we
can you don't have to be tied to one
place or location all our assets are
liquid okay all time we can set our own
work hours very little overhead we can
take vacation whenever we want we can
work from home right and if you're good
at it the potential of making money is
almost limitless sounds pretty good
doesn't it like sounds pretty darn good
if you tell somebody that this is what
your business or your perfection is
gonna be like it sounds pretty darn good
so then what I don't get is when you
have the world's best opportunity right
in front of you why don't more people
take it seriously think about it maybe
you just got there's no other profession
in this leg come here and one other
profession like there's no other
business or profession that allows you
all those things like no overhead seven
hours o assets or liquid I mean like
come on we're hitting the world's best
profession but then it just borrows my
mind to see why more people don't take
it more seriously they treat it like a
hobby that's really like a game bye it's
a business and it's a pretty darn good
business but I you can have all the
parts in the world but people still
don't take it seriously so it's your
choice guys right just sort of choice do
you want this kind of lifestyle
right you want this kind of lifestyle or
you want this kind of lifestyle right
the difference is only one this kind of
lifestyle right
the difference is freedom time and
flexibility to do what you want when you
want how do you want on our own in terms
that's our choice when we make it so
every time you break your trading plan
guys every time you get the urge to
break your trading plan every time you
get the urge to do something stupid that
you know it's not part of your plan you
know it already
don't don't think that we make a mistake
and we don't know what we're doing
everybody in here whenever we made a
mistake we already know that we're
making a mistake don't we every time you
don't take your stop-loss anymore
movement making a mistake right every
time you pick your calculator you need
more ly making mister it's not that it
just happens right it's not that it just
happens yeah like I remember Zig Ziglar
used to say that uh he gained like 30
pounds so silly big-nose like a you know
personal trainer no personal development
coach so he used to say that oh I gained
knowingly I gained like 20 30 pounds
right I get gained 20 30 pounds with my
own choice and people like what why did
you get 20 30 pounds with your own
choice he's like well because Ivan
unknowingly eat anything moving force
maybe the other day I ate but Donald
thing that's why I mean what I was doing
so he kindly make breakout training plan
you already know but messing up you know
what I know it there's a once in our
inside a head that says don't do it
don't do it but yet we still end up
doing it so every time you get that urge
of breaking up a training plan just show
yourself this do we want this or anyone
this what do you want hey why do we want
this or anyone this right this is the
difference between following your
training plan and breaking your trading
plan I've seen people come and go guys
right I've been in this education game
pretty long time wife traders ended
before that I was working for the prop
firm maybe you guys some of you guys
that follow me from there I used to play
from them for a perform in New York so I
was crazy for them and now I'm here and
I've seen traders come and go come and
go all the time come and go
no asking education companies come and
go right the difference between
following your training plan and not is
the difference maker between whether you
succeed in this business or you don't
honestly so what is training really then
okay trading is simply a systematic
approach to making money in the stock
market or forex markets based off
technical chart patterns that exploit to
human emotions which are fear and greed
that's all that it is trading is
basically a game of statistical
probability using price action patterns
that mainly deal the two emotions fear
and greed so these technical charts
weren't based on statistical probability
right the B statistics only work in our
favor if they are consistent with our
approach yeah the only way if they're
consistent with our approach what do I
mean by that well here's the thing
what if you flip a coin right you take a
coin and you further and these say heads
and what happens it comes tails
next time you flip it again we set heads
what happens it comes heads right move
so flip it again we say it heads and
what happens comes heads we win again be
it flip it again we say heads again and
comes tails in your mouth right but if
you just keep flipping the coin long
enough we're going to have a 50/50
batting average right you gotta have a
50-50 ratio and that's what trading is
whenever you buy a particular stock it
can only do two things so as soon as you
go along a stock or a currency pair
there's only two things that can do
either it can go up or either it can go
down so you have a 50/50 percent chance
of being right and certificate a percent
chance of being wrong so think about it
I could take a Wall Street Journal
newspaper put it on my wall and take
dogs right and I literally just throw
dogs on The Wall Street Journal and say
long-short long-short and just by doing
that I will have a fifty book percent
batting average
five stars only two things that can
happen guys even if you go up either you
can go down that's it
so just by our very nature of trading we
already have a 50% win rate so by their
very nature nobody should actually be
losing money right because everybody
should be a break-even credit because
they have a 50% batting average but then
why do people lose I'm a happy getting
him with a 50% batting average and as
long as you're winners are equal to
you're losers you're gonna break even so
why do people lose then you know what
because they're not consistent with it
they they flip the coin did bet heads
comes tails right the flip it again now
they say tails now it comes in and
they're like oh now I'm gonna say
then they flip it again
they say heads and now comes tails so
they're always changing their approach
like a flipbook coin try to flip a coin
just bet on heads heads heads all the
time you're gonna have a 50% batting
average but if you flip it and you keep
saying heads tail head still you keep
switching your approach your batting
average is gonna go down think about
what I just said it's a simple approach
but most people don't get it
home people don't get it because you are
changing your approach is why you don't
make money
alright the trading is not about
patterns or strategies or anything like
that it's only about consistency with an
approach so what do I mean by
consistency consistency it could mean
consistent trade types maybe you're like
you know what I only want to do
breakouts or I only want to do pull
backs so you're creating the same type
of setup every single time you know it
could be consistent trait that there
could be consistent list level on every
trade which I think it has to be for
everybody I mean that's like a
non-negotiable for me if you have to
have the same risk level on every single
trade that's like a non-negotiable for
me right consistent crape types patterns
okay fine you can get away with twinning
bunch of different patterns but
consistent risk level for me is a
non-negotiable okay
non-negotiable like you just have to
have that it's just period because you
can't have $100 trade and now you made
two are on it and then the next time you
take $1,000 and you have a loser on it
right so I'm going to work out so list
level has to be the same on every single
trade you cannot have a cleared with
$1,000 list being a winner and then you
take a
you know trade with a $2,000 risk and
have a loser it just doesn't work so you
know this level has to be the same now
the next point it's consistent clean
management right consistent trade
management which is again I'm not saying
do all-or-nothing or anything like that
all I'm saying is consistency so you can
pick your own management style whatever
floats your boat
but as long as you do that consistently
what's going to happen is the odds are
going to take care of itself
so maybe you track your trades going
back a year or two years whatever and
you notice that you know that if I just
did this approach 1.5 I'll stop to break
even and you know then targets to are
and maybe that's your management and you
track it and it tells you okay if you do
this management your Sharpe ratio is
gonna be 1.7 and your batting average is
gonna be 50% or 60% right so just by
those looking at those statistics we
already know that that way of trading is
profitable that that way of cleaning
will make money right because you
already tracked it so now our goal there
is to actually just go out and do it and
to make money right so consistent trade
management because if you keep changing
your management on every different trade
or every different week or every
different month you keep changing your
trade management what's gonna happen is
you keep messing with your odds you keep
messing with the probability you keep
messing with the statistics and that's
how you lose money so consistent money
management rules okay so to be
consistent it takes massive amount of
discipline but without this discipline
it's nearly impossible to succeed this
is that most people fail because knowing
the right thing to do and actually doing
it are two different things right
does that make sense like knowing what
to do and actually doing it are two
separate things there let's go back to
the example of weight loss right
everybody knows what they need to do but
why why is it that 63% of people in
America are still all the weight
everybody knows what they need to do but
actually doing it a separate thing
altogether right so make no excuse the
market
is what it is some kids work and some
don't
that's just the honest truth and you
know I hate when other creating
education companies say oh you can have
90% batting average or blah blah blah no
person batting average operating system
never loses it's all some
clothes work and some don't but the odds
are always in our favor if they follow
the rules think about it the odds are
always in our favor if we just follow
the rules if you don't follow the rules
if we don't have discipline and forget
about making money right so actions
speak louder than words so don't tell me
what you think
show me what you do and I you know I had
so many coaching students that I've done
well one coaching with and they're all
showing me all these things oh and mold
you know I've been noticing that you
know these market environment stocks are
not going to our I don't want to hold
them to our and they're not going to on
this market environment club a little
blah and I'm like can you show me in a
spreadsheet write all your trades going
back a month how they did the two are
against yourself and they don't have it
they don't have it right and they just
think so please I want to say this
trading does not have leeway for human
emotion as much as you guys think right
the more I don't want to say unemotional
because nobody you can not totally get
rid of your emotions ever unless you die
right unless we die you can never get
rid of our emotions that just does
navigate right but how you can deal with
it live with it and control it and not
like let it take over our life is what
we need to do alright so it comes down
to the point about mindfulness and let
me just get myself some coffee one
second guys so next thing is mindfulness
mindfulness alright the capacity to be
aware of our thoughts
beliefs and biases in real-time you
cannot hear me hold on
how about now and you guys hit me now
cool all right
so brings us to our next point about
mindfulness right what is mindfulness we
hear this term a lot like it kind of
overused you know it's kind overused
term in personal development space about
mindfulness right what is mindfulness
right we hear this term all the time so
what mindfulness is is our ability to be
aware of our thoughts beliefs and biases
in real time not after the fact not
hindsight and a lot of people have a
hindsight everybody in here has insight
right Oh only if I held it to target oh
I should have held it to target oh I
would have done that oh I should have
done this oh I would have entered here
shoulda woulda coulda woulda woulda
right and that's all hindsight what
mindfulness is actually being aware of
our thoughts our beliefs and our biases
in real time in real time right so our
thoughts and state of mind always follow
our emotion emotion does not follow
thought a lot of people think opposite a
lot of people think that oh I had this
emotion and you know like oh my god I
had this thought and then that thought
created emotion and things like that but
actually the other way around right
first we have that emotion right and
then emotion gives us a thought and if
we act on that thought or not that's
what differentiates professional traders
from those who don't so emotions are
triggered when there is a disruption of
a familiar or established pattern okay
emotions are triggered when there's a
disruption of familiar or established
pattern and for us humans what happens
is going back from the time off you know
when humans were cavemen right we were
cavemen we were early humans or whatever
we had a fight a flight right so if he
saw a danger we ran away and it just
it's natural I mean you put a hand on
her stove what happens you can
immediately pull it away that's your
body saying don't do that that hurts
right or maybe we go to let's say you
see a beautiful woman right you see a
beautiful woman you want to talk to her
but you're scared right you don't want
to go up to her and people think that
you're dead but that's actually fight or
flight because in old times when humans
used to be in tribes and stuff like that
if you asked out a woman maybe he had
his own you know man or a different
tribe leader or whatever he'd come and
beat you up or you would get in a war or
something so that's how if all these
emotions still exist though we've moved
into 2017 but the brain the human brain
is still wired like we were wired like
you know into you know whatever when
humans came into earth right we were
wired with the thing called fight or
flight and final fight was a good thing
right I mean you want to put your hand
on the stove and keep your hand on the
stove I don't want to keep burning
yourself if you see on a you know wild
animal or whatever you're gonna run
probably right so it does have its
benefit by the flight but what happens
is we humans are hard-wired that way so
we carry that into our professional life
into a personal life into a lot of
different areas now you're not going to
be able to completely get rid of it ever
right let me tell you we're not going to
be able to completely get rid of this
amygdala there you go
it stores in there so and we're never
gonna be able to get rid of it but
that's just how humans are wired that's
just how it is it's not going to change
ever however we can learn to live with
it you can learn to control and we can
learn to acknowledge it and say you know
what I see the benefit of that thought
but I'm not gonna act on it right a
desire or a thought that you have is not
a call to action does that make sense
so when you have a thought when you have
a desire to do something it doesn't mean
you're gonna do it yeah you can
acknowledge it so I have bad thoughts
all the time I'm gonna trade I mean I'm
like you know what I don't think it's
gonna hit to our you know I don't think
it's gonna go to my target maybe I
should take
profit early maybe actually as my stock
I still have those thoughts even though
I'm doing all or nothing every single
trade that I take right and in the room
you guys are like wow this guy's awesome
he's all or nothing every single trade
but I still have those thoughts when I'm
here but I'm not on the mic I'm still
thinkin man I don't think this is gonna
go to Target maybe I should where's my
stop maybe I should do this I still have
those thoughts but what I've learned is
to control it and not make it a call the
action doesn't mean I need to act on
their thoughts I mean jeez can you guys
imagine if you started acting on every
single thought we had right it imagine
every single thought we had as human
then we started acting on it I mean our
life would be hell right he started
acting on every single thought we had so
we got to acknowledge the thought so
when I have those thought I'm like you
know what I just had this thought right
I just had this thought but I say you
don't wanna know if I act on this
thought I'm kind of going against my
trading plan so if I'm going against my
training plan I'm basically giving up my
future and I look at it then I tell
myself which other profession will give
you ability to work from anywhere right
no overheads cannot be fired cannot be
laid off and all these benefits why
would I want to go against a career like
that I say my I sidled myself I say that
to myself and then I'm like you know
what this is the difference between me
really making it and me not making it
those are the different and then I'm
like you know what thank you thoughts
right and I can acknowledge the thought
I might thank you for those thoughts and
but I'm not gonna act all right so
emotions are triggered when there's a
disruption of a familiar or established
pattern this often leads to stress and
what happens that that stress leads to
fear and what happens that feeler leads
to bad decision-making all our bad
decision-making comes down to up here
right what emotions trigger a pattern
this pattern leads to stress the stress
leads to fear and this fear leads to bad
decision-making and with the bad
decision making them leave student
proper training and that improper
training leads to lost money that's how
it work it's as simple as that so we
create our understanding of
world from our adaptations to our
deepest fears and desires right we
create our understanding of our world
but my adaptations to our deepest fears
and desires and this is something that
uh you know Jeff pH used to say so Jeff
he hates run the forex room right and
he's a great guy I mean he I learned a
lot from him Jeff you know back in the
day Jeff was back to be a coach and I
was a student right so I learned a lot
for him and he used to say that
unmould why do you want this I'm like
well because I you know why do you want
to succeed as a trader I'm that well I
know because I wanna he's like well why
do you want the money you just keep kept
asking me why why why and he's like I'm
like why you ask me question like well
you gotta find the why that makes you
cry and I was like oh that's so cheesy
lying then I've thought about it like
that's cheesy but you know what that's
really true and he kept asking me like
why why do you want to make it as a
trader I'm like well because I wanna
make money tonight world why do you want
to make money
I'm like well because you know I won the
time flexibility and freedom you're like
well why do you want the time
flexibility and freedom on my grow
because I never had it before said why
you never had it before and well then it
came down to whatever he was like well
maybe in school I wasn't the most
popular kid and you know now I want to
do good and I proved to the world right
and then he kept drilling down drilling
down drilling down kept asking the
question when it really leads into
something that probably again not to be
hocus-pocus but it'll lead into
something that probably happened to you
in the past or whatever right you're
trying to prove yourself you find that
why and when you find your true purpose
or why you do what you do that's when
things start to change
right finding that why so he must
develop mindfulness as a tool to examine
our thoughts in the middle of trade
right before we take a trade and after
we've exited the trade otherwise we lose
objective perspective and begin the
fear-based process all over again which
it sure is the same thing will happen
the next time right so when we enter
trade and the train has been done you
did what you wanted to do and now you
look at the trade after you've taken it
yeah it'll do you some good because you
learn something but you'll do it again
right so we need to get ourselves to a
point
well you can look at your thoughts and
your feelings in the middle of a trade
while it's actually happening that's
when you really get trading right so and
anytime guys if you feel like you want
to take a break at any time let me know
right now we're not gonna take a break
probably next thirty minutes we'll take
a break but uh looks like this class is
gonna be long even because I thought
this class might be like two hours or
three hours but I'm looking at it like
it goes like 81 flies and I'm still on
the flight number 13 so this class could
be long
all right but I'm gonna be here as long
as it takes because you guys donated to
the charity and that means a lot to me
right so it's not gonna be long all
right you be prepared so now are you
serious right most traders fail before
they even start trading like most rated
fair before need to start trading now I
want you guys to answer every one of
these questions right when you get into
the trading did you know that you're
running a business think about it when
we're actually trading leader running a
business we're kind of an entrepreneur
aren't we right there's no we're
creating something from nothing really
creating a trading business from nothing
so we are actually business owners in a
way we're entrepreneurs so we are
running a business so if you're running
a business
what has a business now well we're
treating our well do we have a business
plan do we have a trading plan right so
type in a 1 if you have a trading plan
type in a zero if you don't have a
trading plan
[Music]
alright okay cool
so looks like most of you have the
trading plan and a couple if you guys
don't have the trading plan okay good
good so now let me ask you this do we
have a trading journal type in a - if
you have a trading journal type in a
zero if you don't have it and let me
tell you a list trading journal is not a
trading plan training journal is not a
trading spreadsheet there are two
separate things and I know some I caught
you some of you guys right but someone
can have it some if we don't okay great
okay great now what about a trade
tracking spreadsheet again that is
different from a trading journal trading
journal is where you write down your
thoughts your feelings why you did what
you did
what were you going through and trade
tracking spreadsheet is on a log of your
trades right so do you have both of them
do you have both of them or do you only
have one think about now okay cool I
like that all right awesome
so some of you have it some of you will
have one of them okay fine that's fine
that's fine they know right or wrong
well it kind of is but that's fine now
do we have the most competitive
commissions or the fees right because
again we're running a business right if
I'm opening up right now let's say a
Mitch I am actually I'm opening up a
auto old mechanic shop if you guys
didn't know so I bought this property
for like a million dollars it's like a
massive 10,000 square feet property and
I bought this franchise of a Meineke
store I'm not gonna be running the store
I had a manager I had like a whole team
to run my business so I'm opening up
that right using the profits for my
trading right so what I was trying to
say is now that
opening up his new business what do I do
I try and find the best prices right if
my manager is going to be doing this
Auto business I need to find the best
prices so that what happened
there's Auto Zone right the Advanced
Auto Parts aap - sock symbol aap so
where can I get my part from and what
happened I called every single supplier
all right and I said hey what are you
gonna charge me for this what are you
gonna charge me for that I'm trying to
get the best price for myself right
because I want to make it in this
business
that's what my goal is that's why I
trade I trade not to trade I tried to
make money and I use that money and I
buy real estate I'm learning from Jared
I mean you're freaking applying in
private jets and stuff I don't have a
private jet right now but hopefully in
the future I can grow up like I'd be
like Jared but that's what I'm working
towards just I take my creating money I
put it next time so the goal of what I'm
saying is you try and find the best
rates for yourself right use you're
running a business why would you pay $50
for something when it's available from
another shop for $35 why would you do
that move on you're gonna try and get
the best price so when we're cleaning
isn't our objective to find the best
competitive commissions and fees
why would I trade with a broker that is
charging me ten dollars per trade or
five dollars per trade when there is a
different broker maybe charging you 40
cents right I mean especially for newer
twitter if you're $2,300 there's
$500,000 with them that's fine you know
retail brokers start to make sense but
if you're only risking like 100 bucks on
a tray or less than that or 200 bucks
now would you want to pay five ten
dollars per commission right why not
trade with a prop broker where you're
gonna pay 40 cents for every hundred
shares that you trade so you have to
find the best ways for yourself we're
running a business here do you have a
professional reliable platform right you
may have a trading platform that's gonna
be professional that's gonna help us get
to the next level or are we still
trading on you know Dzeko or you know TD
Ameritrade or you know stuff like that
we want a professional reliable platform
and you know that's one of the things
people
keep saying to unmold you know you
always seem to get filled now on all
these trade and we are getting slippage
here and like dude what platform are you
are there on Interactive Brokers TD
Ameritrade wipe what a time trading
direct market access using dark pools to
get into the trade I'm giving my best up
giving myself the best shot of getting
filled at that trade right I mean just
go take a look and you read the
documents TD Ameritrade think us of the
all public companies like read their
documents guys on how they make money
you guys will be surprised leave the
document that they publish the earnings
report and see how they make their money
they sell your order flow they sell your
order flow to other ECNs to other routes
to other brokerages and then you get
filled so first you sent your order if
you think of some base send it to an EC
NDC and send it to a different route and
then you get filled if it's available
that's why we kill platform you always
get it late where the fields in the dark
market access platform you enter ecn
that's it your auto goes straight to
that EU CNN you gonna get filled let's
think or swim TD Ameritrade intractable
kurz no harder flow is being sold if you
don't know he meet leave their income
reports it's right in there it's called
ah it's called a payment for autoflow
open their earnings reports you're gonna
see it payment for our flow what does
that mean is basically they're selling
your auto flow to somebody else and then
you get till later but that's why you
always get so later what platform that I
use I use sterling trader right sterling
trader are you it's a little bit
expensive
it's $200 a month but I use that because
it's worth it for me so now do we have a
realistic approach right do we have a
realistic view on what trading even is
most people don't
you're not aboard view it's all the
demos you get right when I get into the
trading industry I open my email and I'm
like 90% of in here in every time follow
our signals and this other guy how I
made million dollars do using this or
that and this other guy is
men are using pennies dog then you get
an email from Forex people you know
ninety-nine percent forex robot I mean
what happens is people buy all this
Bishop marketing and then what happens
is they have an unrealistic approach of
trading they come into trading and they
want to make a million bucks overnight
it doesn't happen guys doesn't happen
like that sorry you know ruin your dream
but it doesn't happen like that it takes
work so think about it have you really
thought this through right we running a
business so I'll be running a business
do we have a business plan do we have a
clinic plan do you have our training
general the allocate tracking
spreadsheet do we have competitive
commission field you have the best
platform we can hit do we have a
realistic approach have you really
thought this through
right so here's a little saying by dog
Miller he's a million dollar credit
first I learned that successful trading
is far far more than understanding
charts which is why despite hundreds of
books on technical analysis most traders
struggle this is why I spent so much
time on my journal and the non-technical
aspects of creating anyone can
understand charts yet it's the
non-technical obstacles that prevent
most rated from succeeding and that's
actually so true because think about
guys let's say you are on a sterling
trading platform right and I'm honest
trading trading platform let's say
you've taken pts I'm also taking pts
right so we've all learned from the same
book we all have the same trading
platform right we have all the same
things but yes some people will make it
in some walk why is that because a lot
of people as I said focus on this they
focus on what they know and what they
don't know they try and take courses for
that and then they try to increase that
area of don't know - no or no they try
and take courses for that and then
they're trying to increase that area of
don't know what to know so they're just
working in here what about all of this
right here this is the stuff that we
don't even know that we don't even know
all right so what did you guys think did
it spark something for you right did it
get you thinking are you really doing
what it needs to be successful what do
you think about it for a second right
so I hope what you listen to this
conversation you got something out of it
right I cannot emphasize that enough I
really hope you got something out of it
I really hope it got you thinking more
than anything okay so if you're
interested to learn more about this
right this is a part of a six five or
six hour course that I taught
it's a psychology intensive it really
dives in deep so what you just saw was
only one chapter out of my sixth chapter
course can you imagine if one chapter is
so in-depth can you imagine what the
other six would be like right this is
just a sampling from my whole trading
psychology course this is the same
course that I teach when I go out and
speak at you know proprietary trading
firms when I go out to speak to
professional traders all over the world
this is kind of what I go over with them
this is the course that I teach them
which you know as I said the firm's they
pay me ten twenty thousand dollars just
to teach this information but for retail
traders I offer this trading psychology
course for nineteen hundred and ninety
seven dollars but if you watch this
webinar I'm doing a special right where
we can get again if you mentioned you
saw this webinar you can get this whole
trading psychology course the full five
hour course or maybe six hours and
remember how much longer it was and
you're gonna get that for only four
ninety seven and what you're also gonna
get I'm gonna send you my own trade
tracking spreadsheet where I keep a
track of my trades the journal trading
journal you're gonna get that included
free with this course which usually we
sell on the website for ninety seven and
not only that I'm also gonna give you
the trading recordings the audio
recordings the hypnosis recordings that
I'd do it cuz you know when I started
trading I mean I was like as I said I I
just wasn't mentally strong and I looked
everywhere I took courses I went to
workshops I even saw a therapist but it
didn't really do anything for me right
until I started working with the
hypnotherapist right at that time I was
like oh what is this hocus-pocus very
very very California stuff right but you
know I really worked with the mindset
really diving deep and I worked with
like a clinical hypnotherapist that you
should charge like 500 dollars you know
an hour for a session but what I did is
that convinced him to create a recording
that I could listen to alright so I
listened to this very same recording
every morning at
every night right for continuously for
three months and from then everything
changed for me right my trading just
skyrocketed and not just because the
recordings because these if you keep
listening listening to something right
like affirmations right like
hypnotherapy it just you know sparks
something in you and I listen it every
day for three months and when I work
with students one-on-one or when I go
out and speak to firms this is a
recording that kind of give them these
are three recordings in one package one
you listen to in the morning when you
listen to at night and one you try and
listen to anytime you want right anytime
recording so these three recordings you
know we usually sell on the website for
97 you're also gonna get those two
included free right my bonus to you not
only that with this package you get a
lot of other things included with it
like one of the things I'm including
with it is a free trading plan
evaluation so once you're done with this
course you take everything that you
learn in this course alright and then
you create a trading plan and I'm gonna
give a free trading evaluation trading
plan evaluation usually you know for a
coaching session with me I charge like
five hundred dollars an hour so what
we're gonna do is once you finish this
course I want you to email me your
trading plan that you created right and
I will reply back to that email with the
full analysis of your trading plan if
needed I'll get on a phone call or a
Skype call with you and kind of go over
your trading plan or with you so that's
also included with this apart from that
I'm also gonna give you two of our
ebooks okay trading plan essentials so
that this is the guide that you will use
to create your trading plan this is a
separate book that we have on our
website it's called trading plan
essential it's literally about the
blueprint a-to-z how to structure and
make and create your trading plan right
and that's what you're gonna use to
create the plate trading plan that I'm
gonna evaluate and then you're also
gonna get the traders guide to success
digital version and you're gonna get one
year of priority email support from me
usually as you guys know I get like
hundreds of emails every week and
sometimes it takes me a long time to get
reply back to I just reply it back to an
email yesterday that I got four months
ago see it I get a lot of emails but
when you sign up for the course I put
your email in my priority folder so when
I get the email within 48 hours I will
reply back to you and you get one year
that you can email me anytime you want
so again I really hope you learned
something more than anything whether you
sign up for this trading psychology
or not that's totally your decision
right but don't think by not signing up
you're not making a decision right
either way you're gonna make a decision
right decisions being made either way
whether you sign up that's a decision
you don't sign up that's a decision
either way you're making a decision so
might as well make the decision that has
more upside right because if you don't
take action you don't make a decision
nothing's gonna change you're gonna move
on and you're gonna do the same things
over and over you're gonna go in and
sell too soon get out too early not take
your stop-loss
do stupid things right so nothing's
gonna change so I urge you to take
advantage of this offer sign up for it
right I can assure you like outside of
all the courses I've ever taught this is
my life's best work like this is the
course that I'm most proud of and this
is the course that I think will make the
biggest difference in your trading all
right so I hope you learned something
there there should be a link in the
captions below if there isn't just drop
an email to my assistant info at live
traders comm she will reply back to you
with all the links and get you signed up
for it and I can't wait to work with you
I look forward to working with you and
get you the results that you deserve all
right so again I hope you enjoyed
listening to this session I want to
thank you guys for tuning in and really
paying attention and listening and you
know do whatever you got to do because a
lot of people are busy watching TV
Netflix but you chose to spend like an
hour or so watching this video and that
tells me a lot about you
regardless of where you are who you are
right we haven't maybe we haven't met
each other before but you know I really
want to thank you because you chose not
to watch TV or play xbox but actually go
ahead and watch this video so again I
hope you learned something there and I
can't wait to work with you thank you
guys