Are You Doomed to Fail? This Mark Douglas Trading Psychology Reveals All

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  • čas přidán 3. 05. 2024
  • Struggling to turn a profit despite a solid trading strategy? You're not alone. Many traders fall victim to hidden mental roadblocks that sabotage their success. But fear not! This video dives deep into the world of Mark Douglas Trading Psychology, revealing the psychological secrets behind winning trades.
    In this video, you'll discover:
    Why most trading strategies fail (and it's not what you think!)
    The surprising mental factors that impact your trading decisions
    Powerful techniques from Mark Douglas to overcome emotional roadblocks
    How to develop a winning trader mindset for long-term success
    And much more!
    Stop letting your psychology hold you back. Watch now and unlock the secrets to mastering the market!
    *I Blew Many Accounts Until.... *: • My Forex Trading Story...
    *Improve Your Trading Psychology: 5 Practical Tips*: • Video
    *Prop Firm TRADING: Why 99% Traders FAIL*: • Why 99% Traders FAIL |...
    *Risk Management Trading: Strategies for Success*: • Risk Management Tradin...
    *How to Identify Legitimate Prop Firms*: • Prop Firm Trading Scam...
    *Smart Money Concepts EXPLAINED*: • Smart Money Concepts E...
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    Disclaimer - Not Financial Advice:
    The content presented here, along with any downloadable resources accessible through this channel, is not intended to be considered or interpreted as financial advice. I am not a qualified attorney, accountant, or financial advisor, and I am not representing myself as such. The information provided on this channel should not be regarded as a replacement for personalized financial advice from a professional who is familiar with your specific circumstances.
    While we have made diligent efforts to ensure the accuracy and usefulness of the information and resources available here, it is essential to understand that nothing on this channel should be seen as a suggestion to forego consulting with a financial expert regarding your unique situation. Always seek guidance from a qualified professional.
    Furthermore, none of the content provided here should be construed as investment advice; it is solely intended for entertainment purposes. Please note that the included links may lead to affiliate commissions or referrals. As a participant in an affiliate network, we may receive compensation from partnered websites. The information in the video is accurate as of the posting date but may not remain accurate in the future.

Komentáře • 71

  • @theprofitsch
    @theprofitsch  Před 2 měsíci +1

    My Forex Trading Story:: czcams.com/video/7pRdTH9FZtE/video.html

  • @jameseldridge3445
    @jameseldridge3445 Před 2 měsíci +38

    Discipline, Probabilities, Patience

  • @Zotrades
    @Zotrades Před 2 měsíci +54

    all those year trying to find magic indicator and pattern or some dope strategy. After experience, to me trading is all about a game of probability with discipline.

  • @funkibaydawood4751
    @funkibaydawood4751 Před 19 dny +6

    If you're buying place your order when the price of the market is very low so that you have 70% of chances to take profit. Do the opposite when you're selling. That's what I understood recently and started winning 70% of my trades.

  • @theexecutor2647
    @theexecutor2647 Před 2 měsíci +1

    This was absolutely excellent! ❤

  • @midhunkv4714
    @midhunkv4714 Před 13 dny +2

    Patience is king

  • @georgemitchell1248
    @georgemitchell1248 Před 2 měsíci

    A great video for new traders.

  • @Guillegonzalez7
    @Guillegonzalez7 Před 8 dny

    This information is just AMAZING! THANK YOU SO MUCH for sharing this. 🙌🏼

  • @Timeless_Trader
    @Timeless_Trader Před 2 měsíci +2

    A great video for all new as well as seasoned traders. Absolutely emotion fixer and resets your brain to think in probabilities. Many thanks.

  • @MercyLive..
    @MercyLive.. Před 3 dny

    Great video!

  • @Spaztrik88
    @Spaztrik88 Před 23 dny +3

    how do you tell the AI voice bot to put the correct emphasis on the right syllable for 'Ethhunn's' name???

  • @vishalnangare31
    @vishalnangare31 Před 2 měsíci +1

    Great sir, thank you 🙏

  • @pandurangasettyvenu7897
    @pandurangasettyvenu7897 Před 2 měsíci +4

    No intraday only swing trades with proper hedging works.

  • @phantomcollector9960
    @phantomcollector9960 Před 2 měsíci +1

    Thanks!

    • @theprofitsch
      @theprofitsch  Před 2 měsíci +2

      I am always happy when I see that people find these videos helpful and appreciates it. Thank you very much.

  • @marclearchansa7309
    @marclearchansa7309 Před 2 měsíci

    i cant wait

  • @emmanuelbassey6829
    @emmanuelbassey6829 Před 2 měsíci

    😍 thanks

  • @Snard_official
    @Snard_official Před 2 měsíci

    Powerful psychology lessons but here comes my Q how long does psychology part play to become adaptive to the market sentiments

    • @theprofitsch
      @theprofitsch  Před 2 měsíci +7

      The psychology play is a continuous thing sir.
      We are emotional creatures and market movement is so erratic that it wont stop messing with your mind.
      You keep going, getting used to it. Until you don't need a reminder because you are now unconsciously conscious.
      Hope this answer helps you.

  • @ivantsanov3650
    @ivantsanov3650 Před 2 měsíci +5

    Buy and hold. It's that simple.

    • @user-lk7zr5hm9y
      @user-lk7zr5hm9y Před 2 měsíci +1

      Did you do that with WeWork Inc?

    • @QUANT_Trader88
      @QUANT_Trader88 Před 2 měsíci +3

      No pay attention the news helped him win the trade news is very helpful it helped me win a lot of trades

  • @karthickc1066
    @karthickc1066 Před 2 měsíci

    Thank you for this content ❤

  • @Derrick1981y
    @Derrick1981y Před měsícem +2

    I've been trading on and off for close to 8 years. I can't keep it together for long with out over trading and blowing up. I've been told that I don't want it bad enough or I would do what I do. I think if you can accept a loss with out feeling you have to make it back right then, that could be a small part of beating the horrible habit of over trading and spiraling out of control and losing it all and blowing the account. I wish I could be happy with $100 a day and not feel I have to make 1k a day, everyday. I know I need to change. I keep thinking I will hear a speech that will change my inner being. But I've been waiting on it for years now. I hope I can change before it's too late.

    • @yobroluu
      @yobroluu Před měsícem +1

      when you concur your mistakes it makes you closer to profitability

    • @sharm999
      @sharm999 Před 27 dny +1

      Maximum 2 trades a day (Depending on your strategy) No compromise. There are days you don't need to trade.

    • @gunzbutta3754
      @gunzbutta3754 Před 24 dny

      You got this first step is acknowledging it keep grinding

  • @RJskillz612
    @RJskillz612 Před 24 dny

    Try adding listening to trading subliminals before bed and when you wake up. 💎

  • @muhammedsuleiman8047
    @muhammedsuleiman8047 Před 2 měsíci +2

    Man i love douglas this video is fire

    • @paulatwebb3057
      @paulatwebb3057 Před 2 měsíci

      HOW ABOUT BUYING HIS BOOKS? YOU "LOVE" HIM YET YOU WON'T BUY A BOOK?

  • @MATRIX78.
    @MATRIX78. Před 2 měsíci +1

    Thanks for this video

    • @theprofitsch
      @theprofitsch  Před 2 měsíci

      Thank you, glad you find it useful.

    • @paulatwebb3057
      @paulatwebb3057 Před 2 měsíci

      HOW ABOUT BUYING THE BOOKS OF MARK DOUGLAS?????

  • @criessmiles3620
    @criessmiles3620 Před 2 měsíci +5

    The Caucasian gets mentored
    The brown man crying 😢!
    Cheers from west Africa
    🦅

    • @eflon137
      @eflon137 Před 2 měsíci

      The 14th amendment in America is the real institutional racism

  • @CensoredComment-os8py
    @CensoredComment-os8py Před 2 měsíci +93

    "Indicators are like a compass. They show you the direction, but don't account for the wind, nor the current, nor the storm ahead".
    When I figured that out? I went RIGHT BACK to paper trading. I mean I went right back to the beginning of it all and relearned EVERYTHING.
    Started looking more at the weekly and day charts. When I did this? The market started looking more like people rather than candles. It also taught me my biggest lesson. MORE PATIENCE!! STOP TRYING TO BE THE ROCK STAR DAY TRADER!!
    You do have to Day Trade every trade.
    You should see all the monopoly hotels I own now!! I'm going to trade like this for about 2 more months and then get back in the game.
    Sometimes it's good to relearn from scratch what you THOUGHT you knew.

    • @theprofitsch
      @theprofitsch  Před 2 měsíci

      I couldn't have summarised it better. Thank You!

    • @CensoredComment-os8py
      @CensoredComment-os8py Před 2 měsíci

      @@theprofitsch
      NOOO!!! Thank YOU for posting this video.
      Its exactly what I needed right about now.

    • @Siwe-dj2ey
      @Siwe-dj2ey Před 2 měsíci +2

      Bro I have the skill but my problem is Patience 😢

    • @theprofitsch
      @theprofitsch  Před 2 měsíci +4

      Are you aware, patience is also a skill? One that you can learn too.

    • @rubenmoreira5791
      @rubenmoreira5791 Před 2 měsíci

      ​@@Siwe-dj2ey when in doubt journal it down

  • @kexh
    @kexh Před 2 měsíci +1

    Great video

  • @10thPanzerKorps
    @10thPanzerKorps Před 2 měsíci +3

    Just hold on to your winners for at least 12 hours. You ll thank me later.

  • @BossmanJames96
    @BossmanJames96 Před 2 měsíci +2

    "Are you high Ethan" 😂

    • @theprofitsch
      @theprofitsch  Před 2 měsíci +2

      Maybe a little high on life, who knows? 😂😂😂

  • @JavanKibet-lv7kw
    @JavanKibet-lv7kw Před 2 měsíci +2

    GREAT ADVICE

  • @bee444skate9
    @bee444skate9 Před 2 měsíci +1

    Damn Ethan

  • @vineetverma4547
    @vineetverma4547 Před měsícem

    Good cartoons

  • @GameGearDaily
    @GameGearDaily Před 2 měsíci

    Lol. Jumped into shorts knowing 0. Ate shit hard. 13k and 17k losses in my first 2 days. Can laugh about it now...

  • @favthenewkid
    @favthenewkid Před 2 měsíci +1

    Why are these animated figures black? They never worked in finance until affirmative action

  • @doddgarger6806
    @doddgarger6806 Před 2 měsíci

    "Mostly the successful institutional traders are dumb people " 😅 ... Ok

  • @bigrob1887
    @bigrob1887 Před 2 měsíci +3

    Literally the same garbage as every other youtube 'trading' video.

    • @albertwhitesideiii6204
      @albertwhitesideiii6204 Před 19 dny +1

      That might be why you are a member if the 90 -90-90 group.

    • @bigrob1887
      @bigrob1887 Před 19 dny

      @@albertwhitesideiii6204 If you're here watching videos like this, thinking that it will give you some kind of edge, chances are you are in the same group!

  • @emmanuelbassey6829
    @emmanuelbassey6829 Před 2 měsíci

    😍 thanks