Is Loss Control All It Takes to Become Consistent? · Bryan Holdford
EP 268 | Is Loss Control All It Takes to Become Consistent? | Bryan Holdford
Paying to take and pass the Series 7 license as a teenager in the 1980’s led Bryan Holdford into the high commission world of stocks and options without mentors or the internet. Starting with investment newspapers Bryan tried many trading ideas without any risk controls. Despite frequent and numerous losses, he was hooked on the game of trading. Obsessive determination drives him to stay in the game despite a boom bust performance. Recently he seems to have found the right balance.
Disclaimer:
Trading in the financial markets involves a risk of loss. Podcast episodes and other content produced by Chat With Traders are for informational or educational purposes only and do not constitute trading or investment recommendations or advice.
Topics & Timestamps:
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0:00 Intro and Background
11:10 Picking the stocks to trade
13:13 Getting into level 5 options trading
19:45 Gambling nature
24:15 Key takeaways from Market Wizards
28:35 Losing his earned fortunes
34:40 Indicators when a parabolic is ready to reverse
41:25 Having a full time job allowed for risky trades
46:20 Psychological traps
49:55 Loss control
1:05:00 Top 30 on Fundseeder
1:06:30 Performance with credit spreads
1:15:43 Morning routine
1:20:00 His edge
1:22:00 Goals
1:23:55 How to reach Bryan
Links & Resources
Email: bryanholdford@gmail.com
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#daytrading #stocktrading #tradingmindset
Пікірлер: 53
I have been listening to chat with traders for 4 years and this is my favorite one up till now. I love how this guy refused to quit.
@askchrishetrades
8 ай бұрын
Same
@ayejaye
2 ай бұрын
Didn't quit but it took him 30 years to realize that you have to cap risk
As the trader I most admire once said, "Everyone knows how to win, but not everybody knows how to lose. That's the key to being a successful trader."
@salsperspective9745
8 ай бұрын
Tom hougard ❤
@anyfoolcanknow
8 ай бұрын
I was gonna say john Moulton lol my favorite episode!
@rzeukzab6258
8 ай бұрын
Rambo
@empty-ed
7 ай бұрын
Yes there is a lot of sense in that but for me even winning emotions should be avoided . Whatever the positive euphoria from winning feels like , the negativity will be exactly the same strength but in a negative way . Most people trade their profit and loss and not the process . When they do their back testing band realise that a profit can be made they only see the end result . What they don’t see is the peaks and troughs on the journey and this is Walmart they can’t handle ❤
@rzeukzab6258
2 ай бұрын
Rambotan said it
what a don. Love these traders who don't sound like stereotypical traders. Just a cowboy doing his thing. Legend.
You have big balls breaux. Real meaux feaux right here. Gotta dig it
This man has passion for real! Great job on digging in with your questioning style for more information from Bryan, interesting listen.
@150_ENGINEER
8 ай бұрын
And for getting back on track when the line of questioning was going off the rails. He is a great interviewer. For a little while I was having trouble listening when Aaron left, but he's winning me over.
Loss control is absolutely not enough, but a fundamental criteria to becoming consistent. You still need to have EDGE. Otherwise it is death by a thousand cuts.
This is one of the episodes that really makes me think and re-think about trading. Thanks all !
These kind of interviews encourage traders. Thank you for your host and your team❤
I love Bryan, his honesty and humility. Thanks and good luck in 2024
BEST FUCKING TRADING STORY IVE EVER HEARD 43:00
I think what the Gentleman needs is not a Coach or the learning of Loss Control. Instead, it should be something more deep down needs to be fixed. It is the "Real Meaning of Trading" should be to "Survive", and makes one's life grow ! Wish him all the best, and get away from the reliance on Luck.
My boy got to ride the ride deaux. You don't understand how much this hits home right here
Very practical trading tips around loss control. This is very useful. Thank you.
Resilience born from Passion... Thank you.
Great episode, love these chat with traders! ❤
This dude is awesome
Time is an Allie to the patience and a thief to the impatient.
This one was so inspiring and relatable...Great🎉
This is a great interview, I like what he has to say. My 2nd time through the episode 👍
i love Tessas voice. she really picked up with Ian. good job
loss control or risk management is essential and the first thing a trader should get good at.
When are you going to do video interviews?
This dude is so funny but so resilient 😂
great chat! lesson i take to heart
Roanoke Rapids? LOL! Hello from Youngsville! Great interview, made my day!
Holy shite 😂😂😂😂😂😂 46:06 You bet I knew that answer breaux.
I here to learn the art of losing
his opening words dam fire!
loved it
Great interview
Great video!
I like this guy
YEAUX MY FREN I GOT YOU . Check dem bonds out like now. Peace
Hell yeah
I love this guy.. tew naan teww..
Options selling has unlimited risks of losses whereas in options buying premium is the only loss you take.
@zz-qi8iw
20 күн бұрын
You must new to option trading. Only naked sell has unlimited risk of lose.
"Do you have some gambling issues inside you?* 🤫🤫🤫 😁
29:13
Great interview. Can’t help but think he sounds like Eugene from the Walking Dead 😂
15:55 😂
@sskhussaini
8 ай бұрын
😂 I did the same haha.
He gave his phone number out....lol..
An astrologer maybe? Prolly check dat out ma dude. Holla
He's a glue sniffer.