hello traders its a samurai trade hear welcome to this training session lesson
one of a series of videos that I'm going to be doing on the psychology side or
what I call head stuff side of trading now before you go and jump off this
video I'm going to ask you doing this 10 minutes or so of your time to watch this
because I promise you that i'm going to give you massive value and it will make
a massive difference to your trading so let's create history in 2016 over the
Christmas break this year I was reflecting back upon the great trading
year that I had for 2015 and I was just going through my notes and some other
information on how can I do better in 2016 and I was also reviewing a lot of
the emails that I received from my students and traders around the world
and so in this series of videos I'm going to be addressing some of the
challenges that they have and giving you some ideas and techniques that I use and
that I know have a potential to make a massive difference in your trading
career so if you're serious about your trading career please invest a few
minutes of your time put up with my voice and watch this video and as usual
it's a raw real director unedited so let's get to it now of course if you
haven't seen one of my videos before when it comes to all forms of trading is
always risk so please feel free to watch the you're sorry i should say really
read the disclaimer if you haven't already done so so let's talk about
trading itself first of all Pogo said I have met the enemy and the enemy is us
and traders when it comes to trading we've all heard that and it's so true
and we know that but what can we do about it you see as a researcher I've
been in this business now for over 20 odd years it's getting close to 24 years
and I've seen hundreds of traders come and go hundreds
thousands now and I can categorically tell you there are literally hundreds of
trading systems and strategies that really do work but what it comes down to
traders it's not the system or strategy it's us personally as the trader now I
know some of you are thinking gee do I move to another video but if you're not
making at least a hundred thousand a year you need to put up with what I'm
about to tell you see when it comes to trading only five percent is a trading
strategy that is if we take the the the overall percentage five percent strategy
five percent is money management but a massive ninety percent is head stuff
that's where we are personally now what we need to do is to really take control
of where we had that is we need to keep control of the head stuff and that's
what I want to give you is some real tools and techniques whereby you can
reprogram yourself you can do this you can master the art of day trading step
one and if you haven't already done so please grab some paper and take some
notes is that first of all you need to develop a clear vision for yourself as a
highly successful world-class trader you need to choose to become ethic epic you
need to join for five percent club because if you're not in the five
percent clump traders you're not going to make serious money I don't know about
you but I mean day trading to make serious cash you can join me now this is
where a lot of traders are sitting right now over seventy percent of a traders I
deal with have either given day trading ago or swing trading and they failed or
they're not making money consistently now what happens is I see a lot of
traders come back to me and talk to me or email me they've given it a go are
there not sure if I can do it we've all for many of us we've heard of the
concept called learned helplessness now what this is is strongly tied to
animal psychology and behavior it's where an animal has been abused it can
run away from you but you can go over and keep beating animal and it doesn't
move it puts up with it we see this in times of war we will see three or four
armed soldiers controlling hundreds of prisoners of war they could easily be
overthrown but the prisoners of course have learned to comply and we see this
particularly with some of the things happening in the Middle East right now
where we see soldiers being executed their untied and there you know it's
just graphic some of the horrible things that were seen so this is something that
is learned beginning back to trading we learn to focus more on our problems and
what we do on the solutions and we need to change that so in this series of
videos I'm going to give you some real techniques that will enable you to do
this so as mentioned earlier most of most of us have trained our brains to
focus on what is not working rather than what is working that is rather than
asking ourselves compelling questions or empowering questions we tend to ask
disempowering questions now have a great late Zig Ziglar said this we all need a
checkup from the neck up because it's so easy to suffer from a hardening of the
attitudes traders does this ring a bell so how do we create permanent change how
do we turn this cycle around how do we change our trading results will number
one we need to decide enough is enough I'm just not going to do it anymore I'm
going to change what I've done in the past now fortunately there are some
tools some things that we can put in place whereby we can reprogram our mind
and that is what we need to do traders many of us have heard of Euro linguistic
programming short NLP for short it's a study of verbal and nonverbal
occasion i attended my first NLP course back in two thousand sorry 1981 it was
now I've got to I say straight away I'm not an NLP practitioner i'm going to
show you though we can access a lot of the tools and techniques i'm going to be
showing you free of charge but what you can do if you're willing to invest
little money you can go along and meet with an NLP practitioner who will be
able to implement directly some of the ideas and strategies now NLP was put
together in the mid-1970s by two brilliant guys are John grindler and
Richard Bandler and many of you have heard of Tony Robbins now tony is
modelled much of his work upon the work of John Grindler and Richard Bandler in
fact Tony Robbins did some work with John directly with the US Army and some
other right institutions Richard Bandler John and Richard by the way to total
different animals at stalk and cheese John is very articulate and someone
described once upon a time Richard Bandler has been an unmade bed however
he's absolutely brilliant both of them are now if you go onto YouTube you're
going to be going to get a massive information in this area now some of the
tools and strategies and techniques of NLP that I'm going to be covering in the
next series of all the next range of videos I'm going to be doing some of
these patterns and the Dickens pattern for swish the movie theater rewind the
visual squash because when it comes to breaking a pattern we need to take
massive action in doing that now let me tell you you can run some of these
patterns and you can cure some of the bad habits that you have the impulse
trades etc within minutes not within hours or within months but within
minutes for some massive action you can take what I'd like to recommend to you
is you go online and you google some of this and you
start to look at it and study it now it said that you can't teach an old dog new
tricks and the reason I bring this up is I've got some older traders that have
been trying to trade for years you can do this to the fact is if you are open
minded you can do this you need to turn around and start focusing on the
solutions not some of the past negatives that you have you need to take massive
action now to begin with here's an estimation and a quick strategy I'd like
to give you is I'd like you to type this up or print this out and this is part of
the Dickens strategy not that I'm going to go into a fully here but I want you
to ask yourself and to write it out please do this exercise who do you need
to become to be a world-class epic trader to be in the top 5% I want you
to picture yourself having taken every and each signal for qualifies now those
are the students of mine you know the setups work for strategies and
techniques that you learn in the day traders program such as the T1 the t2 the
t25 t20 you will make money virtually every day of the week you'll
make money 19 out of 20 days if you follow for trading rules now what you've
got to do is to make sure you take every signal for qualifies so this is an
affirmation so save yourself now I trade now I take each and every signal from
today I take total responsibility for all of my trading decisions now you hear
me talk about regularly you must take 100 trades in simulation of each trading
set up where you can execute the trade flawlessly before you move on to another
wax on wax off wax on wax off that is absolutely critical
so you need to reprogram your mind you need to reprogram your habits so traders
I'm going to finish this video up because I don't want to make it too long
of course if you haven't already subscribed to my youtube channel please
do go to my website to obtain my free ebook the truth about day trading and if
you haven't already invested in my program traders for 197 dollars you'll
gain the world's best day trading education I do this because I love day
trading I live for day trading I learn more from my students I think than what
I do from my own day trading I trade every I day trade probably nine out of
ten days I love it you can make serious money and you can have a huge year in
2016 so traders all sign off here with 12 months oh sorry 12 minutes into this
now but later on in the week every three to four days I'll release one of these
videos as we start to get down more into the techniques and strategies on how you
can turn your day trading career around or if you're new to date rating what you
can do from day one that is by using the swish patterns etc but number one I want
you to focus on that affirmation on that previous slide traders I'll see you on
the next video