Trading Mindset Tips From The Expert - Andrew Menaker | Trader Interview

Ойын-сауық

In this Forex trading video, Etienne sits down with trading psychologist Andrew Menaker and breaks down trading mindset tips from the expert. Learn how to detach your self-worth from your trades and a lot more powerful mindset principles to improve as a trader.
Chapters:
00:00 Trading Mindset Tips From The Expert - Andrew Menaker | Trader Interview
00:28 Who is Andrew Menaker?
01:27 Seeking a psychology expert for trading
01:56 Training yourself to win trades
03:16 Duration of winning and losing
04:18 How to detach your self-worth from your trades
08:09 How your personality influences trading
10:14 What to do with personality traits hurting your trading
11:24 Training yourself to hold trades
13:21 How to create a strategy that works for you
14:27 The importance of trading psychology
16:06 Traders who don't believe in psychology
16:47 What helps improve traders who have been losing money?
19:18 Putting too many trades into a good process
20:31 Finding out what works best as a trader
21:29 "Your personality dictates your trading style"
22:29 Andrew's thoughts on focusing on one strategy
23:27 Advice on patience for trading
25:26 Trading on different days of the week
26:18 Getting the most of post-trade journaling
28:18 Benefits of pen-on-paper journaling
28:57 Pre-trade journaling tips
31:42 Andrew's advice on trading psychology
33:07 Difference between retail traders who get good results and those who don't
34:38 Traders' commitment to trading psychology
35:55 Where to find Andrew Menaker? (link below)
#desiretotrade #forextrading #traderinterview #andrewmenaker #tradingpsychology
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Andrew's website: www.andrewmenaker.com
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Пікірлер: 51

  • @thequazichannel2664
    @thequazichannel2664 Жыл бұрын

    “THE INNER MARKET”… that was a WORD!!! ❤ he is so eloquent in describing the real struggles of traders

  • @justinbristol8315
    @justinbristol8315 Жыл бұрын

    The only people that can predict markets to any accuracy, are the people that move them, everything else is hearsay, speculation, or luck. The only thing the retail investor or trader can control is how much liquidity he or she brings to the market, or not, and in the case of not bringing any liquidity, the market movers will just make things look so attractive that the average ego has no choice but to enter, which will result in getting lucky or realizing losses. There are no exceptions to this, and regardless of the dollar amount your parents expend on your economics degree or how many hours you spend stocking shelves at walmart won't affect these absolutes. Good "Luck".

  • @shriramoka

    @shriramoka

    6 ай бұрын

    Not true. Formula 1 drivers can handle speeds mere mortals can't. It's the same with TA. Those with high level of TA skill do generate better entries. Ofcourse trailing accuracy n trading is a different mindset. But good TAs lose far less than the herd. And it's got a lot to do with genuine skill at analysing PA

  • @kiklocus4660
    @kiklocus466011 ай бұрын

    this guy is a gem in trading psychology

  • @galwright7853
    @galwright7853 Жыл бұрын

    This guy is awesome!

  • @longwoodcurrencytrading
    @longwoodcurrencytrading Жыл бұрын

    Sound advice. Thanks for holding this interview.

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    Thanks for watching!

  • @Danielmunoz-xm5hr
    @Danielmunoz-xm5hr Жыл бұрын

    Duration of winning an loosing trades was new to me. It is important to keep an eye on as well. !!! So thank you!

  • @oblong3039
    @oblong303913 күн бұрын

    great video, ordered my trading log mid way thru interview 😊

  • @francoisbotha5015
    @francoisbotha5015 Жыл бұрын

    Very good have to try it thanks

  • @fadwaelqasseh2571
    @fadwaelqasseh25713 ай бұрын

    Another informative video thank you so much for this effort 🙏🙏🙏 I’m really struggling with my psychology but I will build gold mindset for trading

  • @DesireToTRADE

    @DesireToTRADE

    3 ай бұрын

    I'm very glad this was useful :-)

  • @EmmanuelIfeanyiEkwomadu
    @EmmanuelIfeanyiEkwomadu6 ай бұрын

    The problem of strategies that doesn't occur often is not just waiting; there's a high chance of missing the pattern when it occurs because while waiting and nothing happens, they may leave to do something and the pattern forms at that moment when they're away.

  • @kingfxbbma
    @kingfxbbma8 ай бұрын

    I have only started watching n listening to some of the interviews you have done over the past month n this one stands out the most as it's helping me understand the dynamics that's trading comes with, like having trading goals like daily or monthly goals which mostly at the end of the week or Mondays mostly I loose most profits I have made throughout the week which Andrew made me understand that I should be making long term goals like achieving consistency in the long term n also journaling my trades as well as my feelings, I get agitated when I am not trading instead of waiting I just try to find a trade even though I don't see or have much reasons for entry I enter n end up paying for it with loosing but the most Iearned is understanding the type of trade I take from types he mentioned .. Just being me not trying to be someone else

  • @floydsmithjr7999

    @floydsmithjr7999

    6 ай бұрын

    I know that “Agitation”. I feel better losing a trade than not taking a trade at all, at least I can give myself credit for trying. But, sometimes the best trade is no trade. Pick your poison.

  • @tobyanvik6569
    @tobyanvik6569 Жыл бұрын

    Excellent

  • @Bayraktar_999
    @Bayraktar_999 Жыл бұрын

    Thank you both!!! ❤

  • @RT_Modz
    @RT_Modz9 ай бұрын

    This was a great insight

  • @alejandravazquezmartinez4240
    @alejandravazquezmartinez4240 Жыл бұрын

    Bendiciones desde Puebla, México.

  • @iamyo5093
    @iamyo5093 Жыл бұрын

    Nice one !!

  • @isaelsp7866
    @isaelsp78668 ай бұрын

    excellent!!!

  • @umargbadamosi6572
    @umargbadamosi6572 Жыл бұрын

    22:46 OMG! He explained what I’m going through to the T. I don’t why I always do that but I need help lord.

  • @brucesmith6868
    @brucesmith6868 Жыл бұрын

    Thanks E great interview.

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    Thank you for watching, Bruce!

  • @brucesmith6868

    @brucesmith6868

    Жыл бұрын

    @@DesireToTRADE you always have great interviews and content

  • @alextrading5859
    @alextrading585911 ай бұрын

    Love from india brother thank you so much 😊😊

  • @DesireToTRADE

    @DesireToTRADE

    11 ай бұрын

    Thanks for watching!

  • @kiklocus4660
    @kiklocus466011 ай бұрын

    thank you Etienne

  • @DesireToTRADE

    @DesireToTRADE

    11 ай бұрын

    Thank you for watching

  • @Soren.A
    @Soren.A Жыл бұрын

    This one was full of nuggets 👌

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    Glad you liked it!

  • @floydsmithjr7999
    @floydsmithjr79996 ай бұрын

    There’s so many variables premarket and pretrade during market. The problem is they end up contradicting each other. You can journal your trades, the problem there is the next time you run into that same situation it performs completely different. All you can do is execute your strategy. If it’s not working you may have to wait a day or two till it comes back around or have a different strategy for that kind of action. Expect nothing. It’s all about execution.

  • @arielongarato2068
    @arielongarato2068 Жыл бұрын

    Thank you Man, the last video whit Andrew hellp me a lot 🙏🙏🙏

  • @DesireToTRADE

    @DesireToTRADE

    Жыл бұрын

    Glad it was helpful!

  • @nickk9499
    @nickk949911 ай бұрын

    This guy is gold !! ))

  • @gokulbasnet1216
    @gokulbasnet1216 Жыл бұрын

    ❤❤

  • @934rex
    @934rex Жыл бұрын

    🔥🔥🔥🔥🔥🔥🔥🔥🔥

  • @mrmiracle5588
    @mrmiracle558810 ай бұрын

    Is PNL stand for profit and Loss

  • @DesireToTRADE

    @DesireToTRADE

    9 ай бұрын

    Yes 👍

  • @antomakeria7881
    @antomakeria788111 ай бұрын

    👍🏻👍🏻👍🏻

  • @daytrader.ragnafx
    @daytrader.ragnafx Жыл бұрын

    NEEED 2 VIDEO

  • @thiruppathi6.1
    @thiruppathi6.1 Жыл бұрын

    The mental side of trading is the most important part of your stradegy. Emotional Turbulence

  • @kiklocus4660
    @kiklocus466011 ай бұрын

    24:10

  • @Candyman.Trader
    @Candyman.Trader3 ай бұрын

    Is that a Québécois accent I detect?

  • @DesireToTRADE

    @DesireToTRADE

    3 ай бұрын

    Absolutely 👍

  • @rayb3000
    @rayb30007 ай бұрын

    Cool to hear the psychology but he doesnt sounf like he believes in technical. Guess he didnt succeed at that.

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