Learning from the All Blacks

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#477: Learning from the All Blacks

In this video:

00:29 – I’ve been watching the New Zealand All Blacks train

01:14 – Trader getting burnt out

02:19 – Watch last week’s video where I shared by trading day

03:03 – Do something that is proven

04:20 – The system makes life easier for the players

05:04 – Where you can find high quality training

05:25 – Looking for a good broker?

06:06 – Do you also like quality? 

I'm going to talk about how you can train like the mighty New Zealand All Blacks and how you can be successful as a trader just like they are in world rugby. Let's talk about that a more right now.

Hey there traders, it's Andrew Mitchem here at the Forex Trading Coach with video and podcast number 477.

I’ve been watching the New Zealand All Blacks train

I've just been with my youngest daughter, Amber, to watch the mighty New Zealand all Black team train here in Nelson. They did an open training session this morning where everybody could go along and watch their final training before next week. They head off to Japan for the start of their Northern Hemisphere winter tour over there and then over to Britain. And I think they're playing Scotland and Ireland and France and Wales. Great to see them, but from what I got out of it is to see how well oiled they are. A fantastic working machine that has proven success and also a machine that looks after the player welfare. So I'll come back to All Blacks shortly.

Trader getting burnt out

I received an email this week from a trader who's not a client over in the UK, and he was talking about burnout. And he was saying, Look, Andrew, why is it that you are still trading? What is it that you do differently to me, because I'm just getting exhausted. I'm burnt out. I'm that FOMO. He's getting FOMO, the fear of missing out. He's scared to leave charts, he's fearful that he's going to miss trades, all that type of stuff going on in his head. And I said to him, Look, well, before I can really help you, tell me how you are trading right now. And he came back and he said he's trading a mixture of five minute charts and news trading.

So he is trading European mornings, he's trading the US time, he's looking for high impact news events. He's stressed about being there. When do you put a trade on? When do you take it off? Looking at five minute charts all the time. And so it's just constantly, it's like a hamster going round on a wheel, it's just never ending.

Watch last week’s video where I shared by trading day

And I said to him, Well, first of all, go and have a look at my video from last week. If you haven't seen the video on podcast or listened to a video on podcast number 476. Last week, I shared with you a trading day when I traded just twice a day. And by the way, those trades did really well and I took you for a flight in my helicopter. So which would you rather be? Would you rather be just looking at your charts twice a day, taking trades and doing really well with low risk and low stress and doing things that you enjoy, or would you rather just sit there just, not quite 24 hours a day, but getting close. Like this guy in the UK. He's just sitting, just lethargic, just not getting out and doing stuff, and the trading's just taking over his life and it's becoming a nightmare.

Watch last week’s video where I shared by trading day

So very easily, I was then able to suggest to him, he gets onto longer timeframe charts and gets a strategy that works, et cetera. That's proven and it continues to work, and it looks after you as a trader.

So, I bring that them back to what I saw this morning with the All Blacks, you go in there, everything's set up, it's perfect. There's all the training guys, the gear, the cameras, the drones, the players turn up, they do their warmups,