The "no high five" rule is so key. In the past when I experienced a euphoric "I've got the trading game sussed" moment the market quickly and and often brutally reminded me I have more to learn

@DesireToTRADE

Жыл бұрын

✋🏼

The excruciating psychological pain of trading never seizes to exist

I really like Simon's suggestion to think of yourself as a risk manager - makes sense to me. His approach sounds very time efficient, that appeal too. Great interview, thank you!

@DesireToTRADE

Жыл бұрын

Absolutely

superb statement faced it many times" as a trader its your job to stop a small loss to a big loss" if you can perfect the art of not loosing money . wow what a statement

Kudos for interviewing these types of traders on your channel

I learned a lot from this interview. Less than 3 years trader here. ❤

@DesireToTRADE

Жыл бұрын

Glad it was helpful!

This interview is absolutely gold in bars mate, appreciated a lot!! 🙏🙏

@DesireToTRADE

Жыл бұрын

Very glad you liked it!

I enjoy your interviews a lot.Thanks . Keep moving

@DesireToTRADE

Жыл бұрын

Thank you! Will do!

Great podcast Etienne! Thanks for it!

@DesireToTRADE

Жыл бұрын

Glad you liked it!

Thanks for the sharing.....

Quality information!

@DesireToTRADE

Жыл бұрын

Glad you think so!

Great interview and sound trading method. Thanks

@DesireToTRADE

Жыл бұрын

Glad you enjoyed it!

Thank you, quite informative..

@DesireToTRADE

Жыл бұрын

Glad it was helpful!

Thanks E good interview. Happy Easter

@DesireToTRADE

Жыл бұрын

You're welcome, Bruce!

VERY interesting interview... Thank you both!

@DesireToTRADE

11 ай бұрын

Glad you enjoyed it!

I just wanted to say that I truly appreciate you, your the reason why I started my youtube channel in the first place. Thanks to you I now teach people about financial literacy and how to invest their money. Thanks once again, and I hope you could inspire more people just like myself to build a youtube channel. 😊

@DesireToTRADE

Жыл бұрын

That is awesome!

@investingwithkendrick

Жыл бұрын

@@DesireToTRADE thanks again man!!

I've got his book and I hope it works for me! 🤞

golden words

Best video ❤

Merci Étienne. Fantastique entrevue. Continue de nous présenter des traders qui nous aident à nous améliorer

@TPT9293

Жыл бұрын

effectivement, dans le monde francophone on trouve beaucoup plus de la merde qu'autre chose

What books do you recommend to start trading?

@thomascarter8817

Жыл бұрын

-Synergistic Trading -Trading in the Zone

@DesireToTRADE

Жыл бұрын

I agree with Thomas Carter

@jasminetang6804

Жыл бұрын

The Tao of Trading by Simon Ree :)

What makes candle sticks stop where they stop before reversing in the market because when I'm look at a chart they seem to just stop and reverse very randomly no matter wether its bull or bearish that in itself can be confusing as to when to enter and more importantly set a stop loss in my opinion

@noahchristian5814

Жыл бұрын

The market moves from a random distribution of millions of orders. Focus on really understanding “edge” and not strategies. Any strategy can be traded profitably, so don’t waste your time on trying to find the best one. Edge is something that comes and goes, and your ability to find edge is going to be the biggest way to turn your trading around. If you take the greatest trader ever vs a new trader and put them both in a market that’s not moving they both won’t make money. But if you put them both in a market that’s moving, they both have a great chance at making money. The only deference between good traders and bad is the ability to find what’s moving aka edge. Good traders have developed a method to find edge consistently. Instead of taking many bad trades. But don’t get me misunderstood just because you have edge doesn’t mean you will make money on every trade, edge is based on a series of trades over time.

What timeframe is he trading off on his chart?

Thank you for so nice and important videos🙏🙏🙏🙏🙏

@DesireToTRADE

Жыл бұрын

Most welcome

What does going to cash mean ?

@honestbob45

Жыл бұрын

Not having a position/trade .

Can't wait to get back to trading

The market is unpredictable and you can never really know in which direction it will go, technical analysis can give you a slight edge at to what is the overall trend and what is the mood right now. At all times you have a 50/50 chance to either win or lose. All you can do is manage your risk and have a clear plan as to how to grow your capital. Each time you enter the market without mitigating your risk you will surely lose.

This helps a lot. Simon talks about possible 5% monthly ROI. I wonder how many trades he does per month and how many of trades end positive? 40%? I need a number cause I work on variance stimulation module

@TheRealDeal_Eli

Жыл бұрын

That is apart of my business plan too tbh . I rather risk 1/2 a percent and aim for 5% a month . I manage risk and trade like a bank.

Everyone who has there own system who makes money has a Nobel prize. Its not happening. 40 years experience.

@DesireToTRADE

4 ай бұрын

I don’t think that’s accurate. I know plenty of good traders with no Nobel prizes.

@diorocks5858

4 ай бұрын

@@DesireToTRADE I doubt they have there own system! Wyckoff

@diorocks5858

4 ай бұрын

@@DesireToTRADE Well the EU which has been on re-accumulation broke the handle and the range after 8 days in the box! smashed the block of die hards

All these big banks and commentators tell you load of rubbish use own research.