 Hey guys, thanks for tuning in to urban4x.com. Here's another psychological audio that I've prepared for you guys There's nothing gonna be on the video screen. This is simply just audio On this audio. I'm gonna be discussing What's the reason behind Confidence and trust so this one is based on confidence and trust now one thing for sure is You know when you pick a strategy any strategies that you pick You're trading you make a profit Keep going profit profit profit you make one loss you make two losses three losses What is a probability that you're gonna switch that strategy? Pretty high, huh? See this is the reason why? when when You go between switching strategies like within six months If you're switching strategies multiple times within a matter of six months that means All that thought process that you put into picking that strategy You just threw it away within a matter of seconds. I mean think about it What made you pick the strategy first of all? It was good. It was profitable. Then why doubt it? Stick to your strategy almost all strategies work in the market things that we do not loyal to them You have to stick to them and be loyal to them. They will work Now if they've worked before and you've back tested them yourself manually, it doesn't just change on you overnight now That's another thing another thing is that when you pick a strategy you have to make sure that the probability of Winnings to losing is a little bit higher Here, let me tell you the reason why for that because Everybody says that if you have a one-to-one ratio, which means if you have a 20 pip stop loss and your 20 pip Take profit and you're winning 51% of the time. That's a good strategy. Yeah, I agree That's a good strategy. You'll end up with positive money in your bank at the end of the day But what does that do? That that messes with your confidence now think about it this way if you have 20 trades and from 20 15 if not 18 trades are in your favor it worked Wouldn't you have confidence? Wouldn't you have like inner confidence that I can do this and if you're doing like 20 trades and from the 20 trades Maybe 10 or 11 go successful and that rest 9 or 10 go unsuccessful Wouldn't that mess with your mind be like it will make you start questioning yourself like did I pick the right strategy? Am I doing the right thing? So it's really important to pick the strategy that has a good probability success rate as well as It's important to trust in the strategy because if you've picked the strategy There's a reason why you picked it stick to it. Don't abandon it stick to it work on it Additional things that you have to keep in mind is Your time try not to give your charts too much time if you're if you have 24 hours a day Don't give 20 of it to your charts Do something else give like two or three hours a day to your charts have an alert system Have somebody call you join a chat room join a signal service or something But don't sit in front of the charts because the way the market moves is gonna make you want to trade It's gonna make you think that it's gonna do something It's psychological don't fall into that category. We're gonna be baits if we do that So, you know if you place a trade you have your stop loss you have your limits You know go take your wife out to dinner or take your husband out to dinner do whatever you want to do But don't sit in front of that PC once you're in So all I'm saying is that focus but don't over focus because then it'll it'll get you to over trade So be very careful. Okay, so that pretty much concludes Confidence and trust in yourself and in your system for this audio session. Thanks for tuning in