Dumb traders make as much money as smart ones

[PlayClaner]

5:29 LMAO :D

[TRADERSFRIEND]

This is a masterpiece. I think if there is a holy grail in trading, discipline is it

[krnpowr]

It can't be 6 or 7% as the video indicated. I've been a futures broker that has worked with hundreds of brokers and thousands of supposed day traders and I have not seen anyone who has made money consistently day trading.

[TRADERSFRIEND]

@krnpowr Baby, you can enjoy a very very lucrative lifestyle trading. I start with the 1 min time frame and I manage ok ;^)

[krnpowr]

@TRADERSFRIEND So let me ask you this: If you're doing so well, why are you spilling your secrets? There has to be an ulterior motive. All the gurus out there that do webinars and write books do so because they couldn't make money in the markets. Trading is a zero-sum game and if other people win, that decreases your chances of winning.

[TRADERSFRIEND]

@krnpowr lol, that is the best question I think I have ever gotten. I have no trading secrets. Almost every ounce of my trading knowledge came because the market beat my brains out. After devastating my family's finances trading, I decided if I ever got this, I would help others to get it too. I just don't want anyone feeling the way I felt after those experiences. My only job everyday is to pull more money from the market than I give, and give I do, that's just the cost of doing business

[richitko]

one trader win,other loss,its simple math...so everyone CANT be sucessfull..

[TRADERSFRIEND]

@richitko I don't need to be sure everyone succeed, I just have to ensure that I succeed. I agree that discipline is everything in the market!

[ketogenesis]

I agree, just skip to 5:30 of the video. lmao

[samjerom2001]

most important market belief:

I believe the current trade that i am in will be a loser.... and a big loser at that.

[poty1231]

WTF??????

[Mike3gdc]

Man,this video is priceless.thank you Michael.Money management & emotional stability what matter in trading...wonderful wonderful....

[piyushppppp]

How can we become more disciplined to follow our plan so that we ignore emotion and just follow plan.