How to AVOID the New Trader "Cycle of Doom"

[MarketMinuteTV]

Great Great video Michael! As always you are on point!

[charlie3273]

Awesome video it is 100% correct ! It is all mental a must view for all forex traders !

[princefxable]

100% correct, I kept chnaging Indicators constantly, only to find that it wasn't the indicators that make you a profitable trader. It's your state of mind. Yes you need to know the basics, once you know technical analysis or fundamental analysis, that does not equate to profitability. After almost 2 years I came to realise what was missing was accepting that anything can happen, it's about accepting probability. Have a strategy and never change it.

[validbiz]

100% RIGHT!!! I did exactly what you stated in that order when I first started trading, took almost 2 1/2 yrs of loosing before I broke the routine and realized I had to overcome myself only then did I begin winning, under standing trading PSYCHOLOGY is 90% of becoming a profitable trader.

[MrKudos99]

awesome, i guess this cycle is always with us, trade changing insight ;)

[shannonvandy]

i think trading is for me.....iv had a brokerage account for some time and have made all the typical mistakes ...however ...one day i was haveing a bad day in my personal life then i looked at my account and i had made a good bit of money and i was so happy all the troubles i had that day melted away........latter that night i relized ...this is bad i cant be a good trader and feel this way....great vid thanks

[Mike3gdc]

hey Michael,AWESOME ,you ve done fantastic ...trading IS PSYCHOLOGY ...thanks

[DMTV]

Man I would love to do a class with you

[m1nglis]

Thanks very much for the video submission. As a new trader who is still doing a lot of learning/exploring and only a little trading, it is helpful to have this aspect of trading continually emphasized.