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It goes deeper than trading.
Okay. You need to develop a
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not be highlighted in this
course and do expect to go
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better person a much better
version of who I was before
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this chapter and I'll say now
as I said before psychology is
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done that and when I've spoken
about these emotions and giving
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version I can inside of the
markets and that resonates in
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a personal journey. So, do
expect to feel things that may
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when you see losses or you get
greedy and start adding to
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okay? I cannot push this
enough. It is so, so, so
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positions to try and make more
money when you start winning,
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development and what I believe
you need to do to become the
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the world but if you flip out
when you see red numbers, if
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master your psychology, you
can't succeed, it's as simple
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as that. So in this chapter
this psychology chapter we will
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you a little bit of advice on
how you can actually tackle
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really are going to be your own
worst enemy and if you can't
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different emotions that you're
going to face. And when we've
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mindset outside of trading in
your general everyday life that
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emotions This is, in my
opinion, the key to succeeding,
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don't actually master your mind
you don't actually perfect that
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analysis, you're going to learn
actual methods to analyse
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ahead unless you are prepared
to really work on your mindset
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mindset you are never going to
win long term quit while you're
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plan in the world, you could be
the best technical analyst in
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Leading on from that, when
you're actually there in the
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I can say that a million times
and it won't be enough. Before
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mental master or just don't
even bother because if you
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important. Every other area of
trading is heavily affected by
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of some serious emotional up
and downs trading.
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you even get into trading you
need to be prepared to become a
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market, the real-life scenario
is going to up the pressure.
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charts and same with the
fundamentals but when it comes
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going to have to go through it
the risk management side, it is
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emotions will run wild. I'm
trying to set you up with as
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much information and as much
positive information as I can
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a pro. You you don't even need
to worry about this, right?
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You're going to smash it from
the start now. That's great.
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Now, you may feel like you're
going to master psychology like
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there are going to be so many
swings up and so many swings
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down. When you're winning,
you're going to feel on top of
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knowledge and as much
information on this topic as I
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essentially mechanical
processes to follow. Technical
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you're trading and I know in
the early days of trading,
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with a little bit is pushing
this across to people now
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my day to day life and my
relationships and everything
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else as well so that's what
we're going to talk about in
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outlook on the world so so much
to actually become the best
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for watching and I'll see you
in the next video when we talk
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success. Now a great about this
is this self development I will
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through it, okay? Be prepared
to go through it. So, thank you
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best way to actually win is the
best way to build that mindset.
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happily say and honestly say
that trading has made me a much
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because I've developed myself
I've developed my mind and my
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these emotions when you feel
them we'll then talk about self
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best version of yourself. Now
becoming the best you is the
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all of that is getting blown
out of the water. So, you
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to try and gain more money that
you can lead to quite a few bad
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be going deep into emotions.
We'll talk about all of the
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those profits so eager to get
greedy and push push the risk
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your psychology. Now, you could
have the best risk management
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losing trader So, emotions.
Emotions are the biggest part
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stressed. Now you work for that
money and now you've lost it.
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Psychology is essentially made
up of your emotions. As we just
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going to get angry break rules
and make bad decisions when you
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resonates through into the
markets and brings you that
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are losing money or when you're
making money or are you going
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and really work on mental
emotion and management of your
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gaining money. So how are you
going to react to this? Now if
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that is either what's going to
make you a winning trader or a
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always well at least while we
have trades active losing or
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overexcited and I know
especially in the early days of
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actually work on this as best
you can. So what do we really
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mean by psychology then? What
we're talking about is the
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here in the markets when we're
trading we are always always
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If you win money if you're
gaining money you can get so
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Mindset and psychology is going
to determine whether you
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throughout your journey,
throughout every step of the
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seriously going to up the
pressure. Losing money in real
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possibly can but you're going
to have to actually go through
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already been through it, you
are going to go through a phase
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literally your mind and the way
that you view things. So,
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time, making money in real time
are going to spark emotions and
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talk about psychology. We've
just started chapter two. Very
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believe it or not, holds very
high importance in trading.
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way, you are going to need
discipline and a strong grasp
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have a notebook ready. Make
sure you're making notes and
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I'm glad that you feel that way
but real life scenarios are
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don't want to drag this out too
much. But the first chapter of
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it now this is the the one part
of trading you're really
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it might be easy to away when
we're talking so much but
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taking putting attention into
this okay. Try not to get too
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real learning is going to be
psychology. So psychology,
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technicals we will be doing a
lot of talking so make sure you
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to the emotions, it's not a set
mechanical process. It is
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focus and make sure that you
write down everything that we
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interesting and keep providing
you with some serious value. Uh
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follow rules and to stay steady
when trades are running either
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now but you do have to be
prepared. If you haven't
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talk about. So without further
ado we'll dive into it. We
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a bit about emotions and
emotional control.
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of emotional control to
actually push forward and to
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experiencing the wins so I can
set you up with as much
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people can understand how
important emotions how
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important psychology is but
because it is your mind it
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requires a bit of reworking
within your mind and now that
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crushed. It's just a of the
process is just a part of how
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it is and now this is one of
the things that I do struggle
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reworking requires actually
experiencing the losses and
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the world and when you're
losing, you're going to feel
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said, the loss and gain of
money really does spark
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of psychology as you can
imagine for obvious reasons.
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and put your all into this and
stay clear with your mindset
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emotions and it can cause
emotions to run wild when
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to remain rational are you
going to remain focused fully
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you lose money you can get
really mad. You can get really
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things so that is really what
we mean by psychology are you
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trading you can get so
overexcited, so eager to take
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mindset in regards to the loss
or gain of money. When we're
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reins in a lot of areas. So
it's very important that you
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in profit or loss, okay?
Psychology is going to take the
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psychology and risk management.
So just try your hardest to
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bored. I'm hoping that I can
keep this a little bit
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important things coming up. For
the first couple chapters of
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Hello and welcome back to the
course. We are now about to
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honestly you need need need to
secure this information about
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succeed or you fail in all
areas of trading. And
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So before we actually dive into
the fundamentals and the
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the course I'm going to warn
you now we are talking a lot.
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