How To Stop Over Trading, Revenge Trading, Missed Trades, Hesitation, Broken Rules & MoreSep 05, 2023
we have a lot to cover let me go over the agenda we will discuss the only one based on my experience and that's all I can talk about guys the only way to
, impulse trading and blowing up your account . We are going to discuss how to
, impulse trading and blowing up your account . We are going to discuss how to
stophesitating, how to stop losing
trades, moving your stops too close or too far, how to overcome paralysis, how to pull the trigger on each and every good trade set up without a doubt, we are going to discuss skill number one. that's ten times I think that's a lot
morethan ten times I'm just saying ten to make it
morepowerful than discipline you must write this down and review it every day for every trade 12 critical make or break
rulesfor my next book tentatively titled I'm still working in the title, save your trading career by eliminating negative subconscious programs plus essential
rulesthat must be followed to get outstanding results and much more before we continue, let me warn you that this will be a direct conversation. webinar at the end of the day when you've traded when you've traded when I've traded we'll either win or lose two outcomes and of course there are days when we'll just break even, it's all about outcomes I'm not here to sugarcoat things, I'm here to help you, and if you're easily offended by the truth about what it takes to win, you might want to exit the webinar now, and by the way, guys, you can do that now.
I don't need to explain this to you. My graphic design skills are really poor, but I promise that this information I share will be valuable to you. Much of it will be new. I won't bore you now so I can help you. I need your help. Please disconnect from all distractions. Minimize your graphics. I'm serious. They will be there later today, tomorrow the next day. I am here now to give or receive an hour and we have a lot. to cover because we are going on a journey about what makes a trader win, why and how he crashes and she crashes and we fix it, we have a lot to cover, unplug, turn off your cell phone, put it on vibrate, no No review anything and please take a piece of paper, take a pen, you are going to learn a lot and I need you to write this down because I want to be with you every time you trade, every time you trade, I want this information to be at the forefront. from your conscious mind, although that doesn't solve the problem, at least we're moving you in the right direction, so two minutes, so grab a pencil and paper if you have to do it on the computer, but it's better. if you take the notes real quick, let's see what we have, aha, disclaimer, guys, you've seen this a million times, you can make a lot of money, you can lose a lot of money, be aware of the risks, don't trade with them. money you can't afford to lose and unusually and I speak very clearly guys and let this slide set the tone in the unusually fast market conditions due to the leverage of Forex futures it is possible to lose more than what is in your account of futures and Also guys, if I talk about some of my clients and their results, I'll just do the typical, uh, required disclaimer, non-typical results, you might do worse, you might do better, okay, two minutes about why they might want to pay close attention to me. and then we're going to go deeper into you bear with me master's degree in clinical psychology awarded in 1986 I began private consulting in 1989 with clients with very serious challenges and for the last 10 years I have specialized primarily in helping operators overcome very serious challenges of commercial psychology.
More Interesting Facts About,
how to stop over trading revenge trading missed trades hesitation broken rules more...
Personally, I am a trader. This will be unique information that you probably haven't heard before. It has developed one hundred percent from my private consulting practice. Deep work with very serious merchants. There are no groups involved. I do not sell audio tapes or audio programs. The sinister wisdom comes from the real world of helping very stagnant traders transform their operations. I am responsible for producing results from my trainers, just like you and I are responsible for producing results when trading the market, enough about me, let's move on to you, I have a survey and I need your help here, are you currently overtrading?
If so, write quickly. How many of you overtraded? Ok, how many of you traded for
revenge? Give me a yes, come on, let's go quickly, we got it. how much to cover how many of you train momentum how many of you doubt how many of you sometimes call each other names how many of you here miss out good trade after good trade after good after good after good after good be honest guys be honest this business requires it How many of you here make premature profits? You guys do me a favor. Just go ahead and type yes before even answering.
Ask them the following question. Alright. How many of you here are not consistently following the rules that you know when you follow them, we'll bring home the bacon in other words, how many of you are breaking your rules? They got like seven yeses from one person. How many of you here have blown up your account? How many of you are here when you are treating your Your chest or stomach is very tight or your heart rate gets very excited and accelerates or you have other physical symptoms. Be honest, admit it at the end of the trading day.
How many of you almost kick yourself when you see yourself? Yeah, I should have gone through there, I should have gotten out of there, but when the Heat is off, you see it clearly, but when the Heat is on, you can't think straight, guys, how many have that? How many of you here are overconfident after a winning streak? and they become careless and impulsive and start breaking their rules. How many of you here move your stops too close to the market or too far away? How many move them too close to the market? How many of you move your stops too far from the market?
Market How many of you have had a bad day or a bad trade that literally cost you weeks of hard-earned profits? How many of you here hate losing so much hate seeing red so much that you don't even set stops? to set stops, be honest, how many of you chased trades? You know what I mean, you're supposed to come in and you know, and you're running late, okay guys, a question for you, first of all, let me tell you this if you answered yes to any of them. of these and many of you answered yes to several of these questions, so this webinar will open your eyes to what these challenges are, where they come from and how to solve them.
The first thing I want you to do is ask yourself because we're just warming up and we're about to delve deeper into this journey and how much money these problems cost. They don't write, they don't have to write, so that's their private business. All we need in the market is an edge and then we have to be able to control ourselves, we have to be able to follow our rules and we are going to talk about why so many traders have problems with their rules, but I want you to know that This is not just me talking about this.
I want to reveal some of the wisdom of other traders and I want you to check out Marty Schwartz, the legendary futures trader written about in the original Market Wizards book. He became a winning trader when he could say to hell with my ego, making money is more important, guys, if you want to win in trading, write this. Get divorced. Your ego needs to get it right. They will be wrong. I'll get to this in a minute. They will be very wrong. you and I and all the traitors are going to go ahead when we should have been flat the markets are just not going to take off where we expected we are going to go short when we should have been long our ability to do it happens instantly and I do I mean, recover instantly from that loss will make you a traitor, you will achieve all the goals and if you don't have that ability, you will have difficulties.
It's not just Marty Schwartz. I hope you recognize the next man's name, George Soros. He is the 19th richest man in the world and in the 2016 Forbes ranking that is pretty substantial, whether you like his politics or hate them, who cares? He learned to survive by recognizing his mistakes, in other words, he got rid of his ego, write it down, get rid of your ego, oh well, how do you do it? We'll get to that in a while, guys, but it's essential that we're able to do it. I don't care how we see ourselves or the others we eliminate and I'll get into that, the shows that make us so ultra sensitive, oh my god what do people think of me who gives a shit put the money in in your bank?
What he tells Paul Tudor Jones is a very successful trader, the 120th richest man in the world according to the Forbes 2016 ranking. He says that trading is very competitive. You have to be able to handle getting your ass kicked. Failure was a key element to the success of his life. journey what you are not saying in that quote is your ability to bounce back from failure all of us who end up achieving substantial goals fail the secret is that some of us are willing to do whatever it takes to overcome that failure and transform whatever it is we need transform To become who we want, this makes a little sense guys, so far we are going to go much deeper, very quickly, give me what makes sense, give me an idea if it is not as fast as now, why is it so difficult to negotiate , boys? one rule you should know, no matter how good your method is, there is only one guarantee when trading the markets, it will force you to lose, me to lose, all traders to lose, more or less, one of each three times we get up and put in all our effort. - You won money at stake at the table, they will take that money from us and that gives you the opportunity, if you have that advantage, to win two out of three, more or less, a little more, a little less, whatever your methods, Whatever your skill set and abilities, they give you the opportunity to earn an extraordinary income and lifestyle if you fix what you need to fix and I'll tell you a story.
I don't want you to listen closely because this story inside is a hidden part of the solution. I want you to imagine this in your mind. see a man, ladies, you understand why I asked you to visualize a man, he is standing, he is a strong man who knows how to fight, in fact, he is such a strong man. good fighting tech that wins two out of three fights, only loses one out of three fights hmm are you seeing the connection to trade it? Imagine your hero now imagine him being watched closely by his wife, his children, the children he went to school with mom dad his teachers everyone he wants to impress remember the connection with the ego a couple of minutes ago very well now our hero he fights with a giant giant who has the power when we exchange the giant market in which our hero gets punched his face is dripping with blood he doubles over while doubled over in pain the giant who is punching him kicks him and throws him to the ground he reaches into his pocket and rips our hero's money out of our hero's pocket and remember this, all this is happening While all our heroes want to impress they are watching how they take advantage of being beaten and humiliated and although our hero will win two out of every three fights yes and this is the important part, he stays calm and emotionless and uses his superior fighting methods.
They will keep taking his money today, tomorrow and the next day, one out of every three times he fights, so you can tell our hero that you can speak logically and say that you know it's okay, don't worry, you're still going to win. . two out of every three fights you are the man you are the woman you are amazing you have you are a great winner but our hero is secretly thinking you have no idea how much pain I am in when I lose You have no idea how hard it is to go through this. That's the dilemma most of us traitors have to endure every day.
How many of you here could relate to that story? How many of you here see the connection between that story? and their operations and now, oops, sorry guys, too fast. That story explains the secret of how to win consistently because the most important skill you must acquire to turn the market into your ATM is this, write it down, okay, I don't want to do it. Say that because I have a test for you in a couple of minutes, guys, you are emotionally accepting the losses in your gut, write it down, you will put this on your trading screen every day, that will fix it, that will fix it for everyone, no. but at least it allows you to know what your goal is, to be very clear about what your goal is and it's not to make money, and I'll get to that, that's the end of the line, it's the money, there are steps you have to take before you get to the money and this is one of the most important ones, this is the Holy Grail, there is no Holy Grail where you will win 95% of your trades, guys, it does not exist, but the Holy Grail is when you do well, I want to get almost a gift, the answer to a future slide when you emotionally accept losses, that is your Holy Grail becausethen you change your method and then you win either three times or more or a little less, whatever your methodology is, then why is it like that?
It is very difficult for you and for people who have not yet eliminated certain things to negotiate your method peacefully and emotionally accept the losses in your gut. You will notice how I wrote it in your gut. It's not in your head. There are some merchants who will just do it. Well, yes, I am a personal assistant, I accept my losses. I know in my head most people are very smart, they know they are going to lose, you can't do it, they are kids, these are emotions, you have to accept them. deep in your gut because that's who controls you when you're trading too much when you're hesitating when your revenge trading when you're paralyzed and can't trade after trade guys, let's understand, let's go a little deeper now it's oversimplified, but it's stillreally accurate you have two minds a conscious mind in a subconscious mind your conscious mind is intelligent think it reasons judge analyze you also have a subconscious mind it operates below the surface the smallest part is above the surface which is our conscious mind and below the surface is the all-powerful and all-powerful subconscious mind, now your conscious mind, which is thinking, analyzing and judging, excuse me, it is very useful, it lets you know.
Hey, okay, the market is approaching a support resistance level. I'm looking at listen carefully to your subconscious the mind can't think, write it down sub can't think sub can't analyze sub it's not logical write that underlined four times your subconscious mind was programmed it's like a computer guys it does whatever it was programmed to do and guess when you guys answered this question for me when did you get most of your subconscious minds programming what age wait ages guys just write it down and choose an offer no points for wrong answers h2 I'm looking at five eight under seven under seven mm-hm very good answers here?
Most of the programming of your subconscious mind was some form between birth and age eight, write it down. Some people you know a little bit have more later, but that's how it happens to them from birth to age eight, so stop beating yourself up for doing crazy things in your life. commercial, stop, it's not your fault, but it's your responsibility, you got these programs before you were smart enough to realize, oh, when mom tells me I'll have to fight to make money, that's not accurate, when that It tells me I'm in It's not a good sob, that's not accurate.
My self-image is better. I'm worth it. Whatever your parents told you. Whatever programming came from school from the kids around you. You weren't old enough to say yes. That's good. I will keep it. Let him in. my computer let it run me for the rest of my life or not, it's not good. I reject the bad program so it wasn't your fault but it's your responsibility if you want results in your life you need to fix that because guys when you have a faulty subconscious. Programming your conscious mind is not going to solve it because your conscious mind is as weak as a small kitten compared to the power of your subconscious mind, which has the power of a mighty lion.
Now, what is the control of your subconscious mind? Control your emotions. think about your habits and your business results and you're thinking well, I'm different from everyone else, stop it, you're smart, you have an amazing method and you still have symptoms of bad subconscious programming, how many people do you know who drink? they smoke they eat the wrong foods they suffer from a drug or alcohol addiction or do other self destructive things how many people are eating themselves to a very painful death by smoking etc. guys you have to accept this, I don't want to say why do you what you are saying but because it is true look around you the subconscious mind is in charge and controls your trading results and I hope you accept this subconscious programming is the real reason why so many smart and hardworking traders lose look let's face the facts correctly I have a hundred people who learn how to trade eighty-five are lazy, they quit early fifteen stay or get lucky and find a really good method, they learn it unfortunately fifteen don't make money because they got the programs and I'll give you a list later and there are two main categories Of the subconscious mental programs that people tend to have traders the first one is based on fear what are its symptoms if you are trading with your programs based on you doubt its mystery is that you will accept late entries you will have premature profits let me tell you a story of my next book on Joe, I was sitting breathlessly waiting for his next setup, pay attention to Clairol.
I think some of you were going to relate when Joe saw his setup, he could feel his heartbeat in his chest, tightening, a voice inside him said, this is it. go long another voice inside him said you don't know for sure this could be the end of the trend it could actually be a short another voice inside him said remember how much money you lost you're not supposed to lose money by the way you and me and everyone We traders have that program that needs to be eliminated, okay, and another voice inside him said to shut up, while another voice said: what the hell is wrong with me?
Why can't I just change my method? No wonder Joe couldn't. to pull the trigger on his last 10 exchanges, he says almost as if his hands were paralyzed. How many of you here can relate to those Jewish stories? God, I also want to tell you about David and listen because David's subconscious is programmed very differently than Joe, but he still had subconscious programming and we'll get into this in a moment, but David had just been arrested three times in a row, he was angry. , he cursed silently although he occasionally shouted out loud or swore. Out loud, he couldn't believe that he had once again lost three operations in a row despite all his work studying and properly executing his method.
Now, after that third loss, it was like a fuse set Brock off and he began to to lose control. Because? Because David saw himself. As a winner, when he lost, listen carefully, his self-esteem decreased, he felt smaller and weaker and David hated those feelings. Listen, furthermore, David was embarrassed by his loss, furthermore, David wanted to prove himself to his wife and everyone who knew his trade. He could win, he could beat the market, all the time, money and effort invested in learning how to trade had not been wasted, he has a lot of emotions inside him, David needed to prove that he was strong and if the market was not going to beat him, he was. angry, his method, if he had been thinking in his right mind, was asking him to continue, he was ascending wonderfully, but he remembers that the fuse had already blown, his conscious mind had lost control, he remembers the most important parts, the subconscious, the subconscious controls your emotions, it's okay. control my emotions, control yours and control all traders David was so upset that he was no longer paying attention to his method, he was no longer listening to his conscious mind, he lost and listened carefully the ability to see the screen clearly and interpret its signs clearly. even though his method required a long position because he was very emotionally impulsive, he simply came up short and now when he was stopped from exiting that trade, he became even more angry and upset with himself because now not only had the market taken his but also his. impulsiveness and breaking rules when she knew we shouldn't, it was emptying his account, he lost her, he became an emotional trading animal, taking one impulsive trade after another, after another, it was long, wayne should have been short, short, when it should have been long. came in when he should have been flat left when he should have stayed in the market How many of you can relate to David's story?
Why does this happen? Why are there so many smart traders doing things like this like Joe and David? Don't know. let's find out here is my question: what is the ability you must have to win consistently? In other words, how do you control these things? In other words, what is the one holy grail in trading, guys, give me an answer, a discipline B, power C, a great method of technical analysis or D something else, write it on glass and let's dive into the solution. We have an a, if it's a d, tell me what it is.
I see a D, I see an ASE SC, I see an a, come on guys, okay, some of you. paying attention, ha, ha, ha, ha, Robert, can some of you are paying attention here and many others? I can't, I can't keep walking because I'm getting ready. Okay, there's a very good answer here, but. guys, the right answer ha, ha, ha, ha, gerald, very, very good, but guys, the right answer is not discipline, it's not a, you always hear this. Oh, it drives me crazy because it's so simplified that it hurts operators, okay, why isn't discipline the answer?, okay, it's not the Answer because imagine in your mind a pot and it has water that is heating up correctly and It's boiling and there's a lot of steam and you say I hate that steam, right, this M is your shitty business behavior, right, you want to stop it, so what do you do? you get a lid and you put the lid on top of the pot, okay, the lid is yours, what is your discipline, you put the lid on top of the pot and all the time and the problem disappears like this, the steam stops escaping, oh cool . problem solved but the steam is building up and increasing and now all of a sudden more steam starts coming out so what do you do?
You tie the lid, hold it and say, ha ha, I have discipline. I solved my problem. I'm fine and then the steam keeps building and building and building and then it gets so powerful that it explodes, so forget about trying to add more discipline to stop the erupting volcano of your emotions. Instead, cut the heat from the source and go to the stove turn off the heat and we do that trade with deep peace write it down that's your goal accept losses emotionally trade with deep peace these are different ways of saying the same thing when the market goes moves against you throughout the year and the markets return to their equilibrium point and now you are approaching your stopping point are you at peace if you are not having emotional reactions and if you have emotional reactions then you will stop thinking clearly and Yes If you stop thinking clearly, you will freeze or attack yourself impulsively during every exchange.
Copy this. Please ask yourself: Am I at peace? And by the way, guys, don't make fun. Please excuse me, be honest. If you lie to yourself at the end of the day, you will see something on your trading statement that is different in your profit loss for the day, that is different from reality, I am getting sued for what you are telling yourself. it's reality ask yourself in every operation am I at peace what are your symptoms because some people can't say it right, your heart rate increases a little or a lot oh you can't say that answer go buy a heart rate monitor please by the way, the type that you wouldn't get from the type that is on the wristwatch are all and not as accurate.
There's another reason you only get the old school type. Ah, the chest strap. Does your breathing almost freeze or stop or almost stop? Do your thoughts become negative? Oh shit, I can't believe this is happening again. Oh, I don't want to lose or whatever, whatever your negative thoughts or Do your thoughts freeze? You stopped paralyzed. I can't even think that I can. I don't see, oh, we support the resistance, what's happening is that an increase in volume is that and you forget what you're supposed to do step by step, your emotions take over? If you have any of these symptoms, you are not operating at peace. and your profits will be affected, this is what I want for you.
I want you to be almost as relaxed trading real money and eventually as you grow as a trader, trading real size, trading fives, not real size, but tens starting to get real size. Dating trends 15s and 20s are almost as relaxed as in simulator mode, who cares, that's how you know you're operating in peace, right? when you trade with real money and even now if you only trade with one lot it is perfect, there is nothing wrong with that. Are you almost as relaxed as when you look at the charts at the end of the day and choose entries and exits?
In other words, there is no ego, in other words, there is no program, in other words, there is and we are going to enter into a whole. List of those shows, so guys, I'll say it slightly differently. Trading requires you to put yourself out there and accept losses. Write it down, come on, write it down, don't do it if you have to do it on the computer, okay, but literally takeyour hand and write it. This is your top priority because when you do it you will be able to get all the benefits of your method. I also recommend that you start a journal.
I'm going to read the components to disconnect you from the results, so this is like a little reminder to disconnect you from money. The only approach guys, forget the damn money is to follow their rules and have complete peace without worrying about the bottom line. We'll get into some of my rules on this in a moment and notice me writing it again. Forget the money. Is there a point here? Yes, maybe you should forget about money if you are not at peace, walk away and come into peace. Okay, the rest of this diary. I don't mind.
I'm the world's worst designer at Excel, but this works like the right instrument the day before. the exchange admits no thoughts of resistance, guys, if you want, it's a separate diary, oh shit, I'm screwed or, oh man, I'm a piece, I don't care, I thought waving the exchange, oh man, when it just went off. up got me right, sorry, that was already later during the exchange, he just went off, he was so close to my stop. I got very nervous, I got very scared. I thought he was doomed. I thought he was blah blah blah whatever your thoughts are.
Lots of the body after the operation the tension of your body before during and after the operation you have how much you have in the skills you are the ten your emotions during the operation your emotions after the operation your heart rate before during and after you enter according to the rules, here is really everything that is important here. You know that if you don't do this, you won't have an accurate record of the steps you need to take to become a consistently winning trader using a methodology you know. It's amazing and fantastic these are the steps we can't follow after the final goal.
Can't. I'll get to this in my next few slides. You cannot follow the NBA championship as your first objective you have to have intermediate objectives your objectives are to exchange your method enter according to the rules leave according to your rules in peace those are your intermediate objectives and how to get there, we will talk about that a little more in a few minutes, but that is the only goal, focus on your process, get to the trade and peace, follow your rules and then the profits and losses have to come, as long as you have a good top method, it has to get there, that's why I say it's the least important.
Because if you focus on the profits and losses, you won't focus on the steps you need to take to get there now. What are some of the subconscious mental programs that must be eliminated and replaced to obtain consistent results? This is a very abbreviated list. of what I have to clean up for my clients, take a screenshot if it's too much to write. I will describe it or write it by hand. This is the very important first and when I say first, it is the first in this. list each individual and there may be a higher priority for each individual, it requires me to prove to myself and others, this is more than great once it is removed, trading is much easier, it is like floating down the river, You wait for good trade, so you stop hunting them. you stop fighting the market and you pull the trigger you don't doubt you're not afraid you don't worry you pull the trigger in peace because you don't care you're not trying to prove when you're trying to prove yourself, are you operating with the present from the past?
The answer, guys, some of you were busy writing the slide, but when you are trading, when you are trying to prove yourself, trading electronically in the past of the present, give me an answer: yes. your trading in the past and if you are trading in the past, I don't care how smart you are, you will not focus on the charts, you will not be in the present and you will have emotional reactions from the past because you and I have emotions stored in us that must removed and if we relive them in the past it distorts our precise perception of what is happening in the here and now, what else needs to be removed, specific memories of losses, so if you are outside, you may not consciously hear them well, but all We store because of the way memories and emotions are stored in the body in the subconscious mind on multiple levels and until they are removed, they can be created from fear or the need to go back and recover from losses, another big problem is After a big win or a series of wins some traders become overconfident, take too much risk, self-destruct or lose control in other ways, it's interesting, that's a bit of a deep one guys um there's always and I'm talking very honestly a dignity issue, okay, the symptom is overconfidence, but subconsciously and by the way, it's not your job to know what your subconscious programs are, okay, it's my job to know that.
For my clients, but you just want to be aware that this is what's under the surface, this is what is happening, you are losing money, you make me feel like a loser, almost all of us have this program, it needs to be eliminated or, otherwise, be left out. every third trade triggers the negative emotion and you can say to yourself: "well, you know, I know I'm going to lose, it doesn't bother me, I feel like I'm fine, I'm a winner and you make these statements and I would be all for it if It will work, but those affirmations do not work and once we feel like a loser, our ability to perceive the screen and follow our method decreases a lot, it is not right to earn so much money so quickly and so easily. without doing normal or hard physical work , there is some guilt about making a lot of money quickly while other people are struggling in life and if you have that program that will make you do weird things and you can do really weird things, I don't know why you did it if you have the guilt program.
Next is really interesting, it's a secret or not so secret rebellion against the rules, even yours, depending on how you grew up, guys, again, it's not your fault, but it's totally your responsibility to eliminate these things if you were. like they hit you over the head with rules you have to do this you have to do that you have to do that there is a part of you that is going to rebel against those rules and that's it and even if you say well, these rules are to protect me, that's part of it. subconscious wait how old were you when you were?
How old were you when that subconscious was formed? Well, write it for me, come on, how old were you when it was for me? Here at eight, so forget it so that the younger programming that is illogical says don't tell me what to do and you will break those rules. Almost all the operators I work with. I have to remove negative associations with being told what to do and their own business rules so that the business rules are updated and updated so far. and there is no resistance and there is complete acceptance, some more programs must be removed, not being able to control greed trading like a game of chance, the thoughts and beliefs that I am doomed, I am a losing trader, obviously, if you feel like this, even occasionally, that's you're going to attract more losses, you're just going to create weird stuff with a negative thought that, even if it's subconscious, I'll skip the next one because we still have a lot more to cover, losing money almost makes me less of a man. every man has this and women have their own variation once this is removed the exchange dramatically improves shame when you lose almost everyone has we have grown up in a winning culture okay if you are embarrassed when you lose this also won't create fear, paralysis or
hesitationand that is your subconscious way of avoiding future embarrassment, pain or it will create, if you have this shame, the need to act now and fight, in other words, I feel ashamed, I feel like shit, I don't feel strong.
I feel humiliated. I'm going to counter if you're that type and that's when you start trading with a very impulsive Lee, so what's the solution? Eliminate shame. Eliminate the connection between losses and emotions. Ah, so you are operating freely and without emotions. great guys, I am generally not allowed to succeed, this is a hidden subconscious program that, frankly speaking, many of us have done. I certainly had it and it affected me in various parts of my life and, um, I was able to achieve something. some good successes in many areas of my life by fighting that program um in trading that didn't work, it had to be eliminated you have to transform it into another when I lose I need to recover I need to recover my losses this has to be eliminated you just have to be part of it with the loss who gives a damn how you are going to win seventy seven out of ten trades you will do incredibly well when you make a mistake I feel bad like me You did something wrong, this turns off your intelligent thinking, makes you easy prey for the market emotions, the red candles, the green candles, even though whatever is happening at any given moment, you simply cannot have emotions and read a chart at the same time accurately. and there are many more of these because of the way each of these programs can be accurately identified in minutes and can be removed and replaced very quickly.
Also, there are some very important rules that I want you to know and this is taken from my upcoming book. um by the way guys, I don't have a release date, I was already a third of the way through and I'm extremely busy with my own trading with my consulting practice. I am very supported and I do an hour here. and now we're there, so it's coming. I wish I had release day for you guys if you had to write each of these rules by hand. I am very serious when I say God, although I am not referring to you.
I have to do anything because I'm telling you it's stupid I want you to win I want you to be successful and if you break one of these rules you're in trouble and I'm serious, you don't need any more discipline guys, forget remember that that's not the topic. you're going to deviate you're going to read things that say you need discipline remember that's the stove lid you know we have to get to the root cause of the volcano of emotions erupting inside you, which is where it is deep in your Subconscious programming is formed between birth and age eight.
You don't need to know where it is. You don't need to know when it was formed. You just have to say: get rid of this garbage. Guys, another really important rule. Really huge. I came across this. I don't know, 80% of the traders I helped put their life first, not their trading, if your trading is your priority and you say I will come into my life once I do my trading well, you will struggle. push yourself and listen this is a little deep your subconscious mind won't let you win listen to me your subconscious mind is interested in much more than your money it demands that you have a decent life oh yeah wait i have it the money i will have a decent life well times, that is, but it wants you to just put your life, your peace, your enjoyment first and then move all of that into your operations and your business results will skyrocket when you've eliminated the programs, it's very important. a positive thought I hope you write this by hand if you take a screenshot okay, but write it by hand later guys positive thought because you won't remember it as well if you just screenshot it or write it down.
Positive thinking if it denies the truth will destroy your trading. The results mean you already know what I got. I come from a pretty lousy upbringing to put it bluntly, guys. They taught me I wasn't worth shit, okay? and I had to think positively on my way to success in my life, however, I repressed a lot of rubbish and That doesn't work if you not only want success but also happiness, peace of mind and if you want success in the business area, you have to go deeper, no you can use positive thinking, you have to be precise in the end. of the day you are going to win, you are going to lose or you are going to have a day of balance know the changes of positive thinking which of course the rule of commerce and peace, stay focused on the present moment, forget the future, forget the past I hope please write it so important each and every one of these rules don't worry or think about your performance your only focus is on the negotiation process what is the negotiation process means two parts one your method supports the volume of distance whatever it is its whatever you're looking at at the confluence of different things you're looking at and your separate piece of the results, this is one hundred percent, stop worrying about the results and some of these rules say the same thing in a slightly different way, very important.
Get rid of long term goals for now, stop trading, money comes when you abandon your financial goals, in other words, stop measuring your success with money that will put pressure on you and the pressure will slow down your performance. I need you to become a top performance player trading is top performance is the distant financial Olympics the best and the best are competing to keep your money and you have to do things the right way at the right time You are just a measure of success. Or are you operating your method accurately? Keep a separate log forthat search at the end of the day.
Are you operating in peace? That's the diary I gave him. If you are not operating peacefully, you need to fix this immediately and make it your best. Priority and guys please stop evaluating where you want to be. Everyone in our culture talks about it. Excuse me for a moment, guys. Everyone in the culture talks about set goals. I gave you two goals here, guys. Are they treating their method accurately? Are they negotiating in peace? That's all. You start thinking about money You start thinking about where you want to be You start comparing yourself to your superstar coach, that will make you feel bad.
The money comes after you follow the right steps. It's like Michael Jordan was focused on winning the NBA championship. Before you worked on each and every step of the micro constituent components to become a champion, you would never have won, you spent your time, your effort and your money training every move, every micro move, every moment under pressure, you did it. He did it again and again and again and again. he developed the secondary skills that then created the championships and even with all that, only when he had the right coach, which for him was Phil Jackson, did Michael Jordan become the biggest winner in recent times and obviously, we go back to about 20 years. recent basketball history follow your steps correctly forget about the long-term picture right now next rule stop worrying about what others think of you and your operations stop worrying about losing face stop worrying about making a fool of yourself every days I do business I can do anything on myself I suffer losses, everyone suffers who gives a shit about trading the odds outweigh your ego overcome your emotions stop talking about your trading with your friends your spouse is going to create pressure and when you feel pressure it's like an anchor weighing you down and it will destroy your performance and guys if you do, and this is really simple: don't trade if you are not physically there and need to have a physical, emotional or mental checklist, at least a 7 out of 10 , which means 10 is the best.
Don't try it, rate yourself every day and guys if you break any of these rules you are putting your trading profits at risk in your trading career, this is very serious, what other business in the world if you can make a hundred dollars a day ? in a in the yes negotiation contract one that you exchange then you have almost a quarter of a million dollars a year business come on where else do you have to do the work it's not just the method it's your mind do that? your approach so what is the right mental training to train what can you do to overcome your I fear your anger, your sabotage, based on my experience and that is all I can talk about from my personal experience as a person in all aspects of my life and as a trader and the results I get with my clients, that's certainly not the issue.
It's not reliving your childhood and it's certainly not overcoming the problem with more discipline those things if they work it's so temporary it's not even a band aid in a gush won't most other methods even really good ones like programming neurolinguistics? Law of Attraction EFT TFT hypnosis based on my experience does not get lasting results for trading problems, what you need to do is find the root cause of the subconscious program that is causing the problem and actually there is cause after cause and then there is an interconnection between that program and other programs and delete that program that was formed a long time ago you don't know when it's hot you don't need to know you just have to delete it and then replace that program with something that works after literally thousands of hours of work with the challenges of which we have talked today.
I have developed a method that allows me to accurately identify, locate, identify, remove and replace subconscious programs, so guys, if you have gained anything of value, I hope you have. I got a lot of value from what I've shared here. So for some of you, I will offer a free consultation on how to start earning consistently. Now check with me if this makes sense to you, if you want to have these subconscious. programs removed during the free consultation you will discover what your specific challenges are you will discover how to solve the challenges what to expect when to expect results you will leave the consultation feeling inspired feeling great because you will finally know how to master the most important part of training which is your mind I want to be very direct um not everyone qualifies guys ah I don't do groups I don't do audio programs I work one on one with traders who are very stagnant and it takes a long time and I'm very busy so I'll tell you who I can help and who I can't, if succeeding as a trader is one of your main priorities in life.
Great, you must meet all these requirements, you cannot operate with fear. money, what does that mean if you have financial stress, not mental stress? Mental stress is my problem, it's my job to eliminate it and fix it for you, but if you are worried about how you are going to pay your bills in the next three months I can't help you with that fear money always loses I won't accept you you should enjoy the process of trading if you are only in it for the money if this is not fun and you are not passionate about it You are not going to have the motivation you need, you must already know how to trade and you must trade with real money or, if you are currently on Sim because of your challenges, you must have traded real money in the past.
I also want to be very direct with you as I have been to all the webinars. Excuse me, my method is very powerful and I am very good at what I do. I will accurately and quickly find the exact subconscious programs that are sabotaging your success. I will remove them and replace them with programs that work for you, however, I can't help everyone if you are the type of person who believes that your operations have nothing to do with the rest of your life, if you are going to tell me, Steve, I only want to work. in my operations you cannot help me improve you cannot help me work in other areas of my life then I will not accept you as a client because my method works by improving everything that has to be in your subconscious programming we do with all of you and then we incorporate those improvements into Its operations and results speak for themselves.
I'm embedding this into the live webinar to give you updated contact information. If you qualify and that's the key, put "I qualify" in the subject line of your email to me and the best way to email me or call me is to simply go to the contact link on my website, which is trading psychology , it helps to calm down, of course, go up to the top, there's a little tab there to contact. or you can use the link below and type it in and that will give you the contact information for me, very important recently. Some of my emails don't arrive, or even go into the spam box or bulk mailbox that my tech staff seems to have resolved. this problem, but let me tell you that my policy is that I will return a phone call or email within 24 hours on market opening days if for some reason a day has passed and you have not heard from me, please rest assured that I have responded to you. then send me another email and this time include your phone number or just feel free to call me directly and also several traders have asked me if I do phone and Skype sessions because they are located in different parts of the world and don't want to fly to see me and the answer is yes, I do sessions on the phone and on Skype and the vast majority of what I do is on the phone and on Skype and it is just as effective or more effective because, interestingly, when you meet someone, to confront and this is just normal and all of us are like that, we are more concerned about how we relate to the person who is going to help us and there is a little more image involved when you talk to someone. by phone or Skype, call less to get to the bottom of what the challenges are and how to get results a little faster.
Now let's go back to the live webinar to the Q&A section, tell me what your most important thing is what you learned in the webinar. What was the most important thing? Hmm, yes, humility, subcontract, cause your losses. Yes, disconnect from past emotions. correct in perfect answers I don't know where to put my focus real precise precise honest you this business requires us to be honest about our challenges, our problems and our strengths and not have positive self-talk at the expense of self precise -speak great answers here , there are too many coming for me to read out loud, you're welcome, Jeff, great, great questions, any questions, guys, excuse me, Doug asked me, Douglas asked me, uh, you know, share a little more about the method, basically something.
I have developed unique ownership over what I do and I explain it more when I talk to people individually, but basically I have the ability to find very quickly exactly what subconscious programs are slowing people down and I remove them and replace them and every session I do I measure the results before and after, so for example, let's say someone is very afraid and let's say situation A or B or operation number one or two created a lot of fear, we start the session, we measure, it's your 10 repeat that exchange repeat that situation how bad is fear Steve is a seven Steve is an eight Stephenson about Steve is a great 10 I do my process I eliminate the fear I eliminate what caused the fear I eliminate the cause of the cause I eliminate the interrelationship between that negative emotion and other emotions Negatives I eliminate anything else that is necessary, including fear memories, memories of loss, memories of pain, memories of struggle, then I replace all of that and then we come back and at the end of each and this is how I do each session with every client of mine, we come back, I say, okay, repeat exchange number one and the client will always like to say hey and I'll say where the fear is and they'll say, aha, I think.
He's gone and then guys you see that I don't do hypnosis to train him. I wish it worked. It's much easier than my method, which requires a lot more from me. Then I tell the client to try to recover the fear. Look, I do a stress test. my work will say it, so the first big moment for my client says where is the fear? Wow, I think it's gone Steve, if the second moment is excuse me, I asked him to try to get the fear back and they can, and I'll say try it. harder to see there are no positive thoughts there are no affirmations stress test don't say Steve I can't and that's a really important moment for clients because of fear and obviously it could be fear anger revenge it could be many other things I'm just using one The example already It doesn't exist and we've tried to get it back and they can't get it back and that's how you build a new foundation with all the crap that you and I and all of us have to lead and replace with stuff that works for us, let me get back to the questions, ya you know, if people who want to trade against the trend, sometimes something else happens, yeah, it's not trusting the trend, yeah, so that's a great observation and sometimes something a little bit more happens there. like the need to be right, the need to arm themselves, they need to fight the authorities and they need to be a superstar, they need a high ticket or a low ticket, you know what I'm talking about, other questions, guys, other questions, other conclusions, um , Mike, so yeah The areas, I mean, I go over all of this in the free session consultations with me.
My first session is the longest, lasting approximately an hour and a half. The second session lasts from an hour and 15 minutes to an hour and a half. The third session from one hour to one. hour and 15 minutes and that's basically it and then it starts to get shorter and shorter absolutely Laurie um I'm going to do this there are two things I'm going to do in my professional career I don't believe in retirement. I love what I do. I am very passionate about it. I am going to cure people of their problems, their challenges and help them get what they want in trading and in their life for the rest of my life and I will trade with my own personal account so that you Contact me whenever you have to wait, let's look the waiting list.
Any other takeaways, great takeaways, guys, what else did you learn, anything else, glad to hear you're creating that Rob. Excellent, excellent, yes, get rid of bad habits, you want to replace them. with the good ones, that's a level, if you can do it that way, Joseph gives you the power, my way is to eliminate bad habits, but yes, if you can do it, Joseph, fantastic, a couple of fantastic people want the journal, Yes, it is fundamental, that is your measure. of your success, are you at peace physically, mentally and emotionally? they're okay, I don't want to give an answer to that question um in terms of uh yeah, thanks buddy, yeah, yeah, because some people are faster, some people are longer, you're welcome.
I'm looking forward to that Laurie, yes, really yes, Joseph, it's essential. because everyone talks about discipline, you know, because we live in this masculine culture of I'm going to dominate it, rubbish, it can't work, it doesn't work, it doesn't last, lower the temperature, come in peace, eliminate, um, I had to rely on a great credible question. Michael, we could have a discussion about that for literally an hour. I'm going toSee if I can shorten it well. Let me answer those questions first, and by the way, if I
missedone of your questions, let me know if the work gets extended. to other areas, health, relationships, etc., you have to avoid Douglas.
I apologize, I am shortening the names. If I work on the whole subconscious, that's why I don't take clients if someone tells me I just want to work on my training. I can't help fixing myself in other areas. I just won't work with them because the sub look, your subconscious mind needs you to be a piece in all areas, so I have to eliminate all the other junk and sometimes I like it with High Addy. I didn't even have to talk about this training, we're just a little bit, it's like we put him in such a deep peace that the market didn't shake him anymore, he was a parts trader, so yeah, we improved every aspect of his life and then it extends to your trader someone asked me a question about running um is it real Michael um yeah very well maybe okay what you are doing well your running exerts a deep enough effect on your entire system your mind/ body? /spirit from your conscious subconscious and other levels at which you exist so that you can truly trade in peace.
I don't know if we could figure it out very quickly and you could probably tell by looking at your results. I hope I answered that a little bit for you Michael, yeah, yeah, you're welcome buddy, now other questions guys, let's put it in other comments, questions, comments, questions, comments, does mindfulness help Kim? um, a very good question, uh, it helps a little, it depends on how strong your volcano is. It's really powerful, probably not, so Kim, the answer to the question is: does mindfulness help? It depends on the merchant my experience has been. I had a client who practiced the law of attraction two hours a day and on three or four SATAs, whatever the number.
From the sessions I did with him we got more results than his two hours a day for the last two years. God is okay, so he really is based on each person as a general rule, we want to avoid suppression. I think if we try to avoid things. Suppressing them or redirecting them toward something else does not address the root cause. Other questions I didn't answer guys, let me know other questions. Last final thoughts on learning, wisdom. I wish I knew when the book would come out. guys because Doug Douglas is that I do a little here and a little there I have a busy life the book is as you know it comes as it comes it is not my highest priority I am not looking to sell many books I do not sell audios.
It's just not my thing. I love working one-on-one with people and watching them progress. On that note, are there any books you can recommend? I mean, don't you know, can you learn to transform yourself by reading a book? I'm going to be very honest, okay, let me be simple, if we read a book, we learn in our conscious mind, it doesn't penetrate into our subconscious mind, that has been my experience, certainly I have seen some people who delve into the subconscious a little bit. , but if we do not eliminate the information that is in the subconscious, that information from the conscious mind does not take us where we want to go.
I hope that answers the question of the book and the other important conclusions. Before we leave, guys, let's finish, now we'll go once and the other important things to take, thank you very much, Felix. I appreciate it, yeah, yeah, that's it, what we all have, it's just that some of us are willing to look. in front of the mirror and say: look, I want this enough. I want results, let's be honest, let's be precise guys, thank you very much for your kind words. Thanks Douglas, thanks, Thanks, Eddie, yeah, um, no, it's not really like that for Eddie, just like the amount of money you're dealing with has something to do with the results 5k or 50k or 150K.
I've had millionaires, I mean, literally, like liquid, you don't know, oh well, I have this investment, that investment that when they were trading and I lost 150 dollars on the es e-mini, you know, three points or whatever, they were going crazy, so account size doesn't really have much to do with it, but if someone is trading with money they were afraid of losing, that's a really big deal, oh, thank you so much Anthony, thank you Douglas, thank you Karl, thank you Thomas , thanks for your kind words, Anthony Rob, I really appreciate that, AJ, thank you so much guys, going once, going twice, we've got two more minutes and let's go. get out of here I will appreciate it Shari that is very sweet thank you so much for the kind words guys it is my pleasure my pleasure I loved it and thank you so much for your kind comments guys I really appreciate it and thank you for being a Great group to work with, very participatory, many excellent contributions.
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