Disciplined Trading Strategies

The Internet is obviously a very useful tool for many things. But how useful is it in the endeavor to learn special skills, like learning the skill of trading or investing for yourself? This presentation is about taking a look at the pros and cons, the good and the bad, the useful and not useful, of what the Internet has to offer for anyone trying to learn trading on their own. As always, I want to go beyond just anyone’s opinion, and look at the hard facts.

To learn more, visit:

http://disciplinedtradingstrategies.com

Listen to more episodes on Mission Matters:

https://missionmatters.com/author/paul-lange/

You may be curious about the phrasing of the title of this episode. Because it kind of implies that there’s only certain times that psychology matters. To be fair the title is a little “tongue-in-cheek”, although in a literal sense it is 100% true. Sounds confusing? Well, you have to listen to the beginning of the episode but I assure you it will be filled with more information that will help you in your quest to become your own independent trader/investor.

To learn more, visit:

http://disciplinedtradingstrategies.com

Listen to more episodes on Mission Matters:

https://missionmatters.com/author/paul-lange/

This is a more advanced talk, at least for a podcast. On the DisciplineTradingStrategies.com website this is on the free stuff page, in the educational videos section as a topic. But this is dedicated to somebody who is beginning to trade or actually trading. For anyone trading this is a very important topic because it deals with wasted money. And over time and over many trades, it can add up to a lot. It also is a topic that most traders seem to have very little knowledge about, at least beyond the very basics.

Here are the charts to follow:

Chart 1:

https://drive.google.com/file/d/1iOsBCDAoOC3NTihh8yjJUqATGuXci_yh/view?usp=drive_link

Chart 2:

https://drive.google.com/file/d/14P327cfSy9KSkxTMQxKfqlVl84d_-iXt/view?usp=drive_link

Chart 3:

https://drive.google.com/file/d/1XsyVmGDbVEygCNhTXLFvfo1GyoyJcasT/view?usp=drive_link

Here's a link to learn more:

https://disciplinedtradingstrategies.com/publicdownloads/The%20R%20Unit.pdf

Set up a free coaching session with Paul:

https://calendly.com/dts-paul/coaching-session-w-paul

The DTS Free Stuff Page:

https://disciplinedtradingstrategies.com/free-stuff/

To learn more, visit:

http://disciplinedtradingstrategies.com

Listen to more episodes on Mission Matters:

https://missionmatters.com/author/paul-lange/

I love this title because it has some different implications depending upon where you are in the trading world. If you’re kind of new you may just be excited about what the topic is that involves “missed money”. If you have been around for a while maybe you recognize this is a beginning of a famous or perhaps I should say infamous saying. But it leads to a great discussion about a topic that’s near and dear to my heart; the true understanding of technical analysis.

Set up a free coaching session with Paul:

https://calendly.com/dts-paul/coaching-session-w-paul

The DTS Free Stuff Page:

https://disciplinedtradingstrategies.com/free-stuff/

To learn more, visit:

http://disciplinedtradingstrategies.com

Listen to more episodes on Mission Matters:

https://missionmatters.com/author/paul-lange/

My last podcast was largely technical, at least as technical as you can get in a podcast. It was about understanding some of the concepts and misconceptions about trends. This one is a soft topic. In trading that means more about psychological and thinking type issues. And this particular one is really on the far side of psychology because it applies to most everything in your life, not just trading. However, I have found that it is a very important quality for a good trader to endear, especially for anyone starting out. Enjoy the discussion.

Set up a free coaching session with Paul:

https://calendly.com/dts-paul/coaching-session-w-paul

The DTS Free Stuff Page:

https://disciplinedtradingstrategies.com/free-stuff/

To learn more, visit:

http://disciplinedtradingstrategies.com

Listen to more episodes on Mission Matters:

https://missionmatters.com/author/paul-lange/

A lot of clichés exist in trading. One of the more common ones is the common-sense notion of following the trend. It is one of the very few good clichés, and while it seems like a simple concept, there is a lot more involved. Like all of trading, you need to understand some of these concepts that are higher-level to get all the arts in your favor.

Here are the charts to follow along:

Chart 1:

https://drive.google.com/file/d/1uVXgFaqA7ppWClyBZ7Fc_xFULx_YeVGn/view?usp=drive_link

Chart 2:

https://drive.google.com/file/d/148tXZkTfqDO9ArA4rKNcV7p1CFw-EQqE/view?usp=drive_link

Chart 3:

https://drive.google.com/file/d/13Bo0fNGtJCSoZuOuvTNezzxllggvZLv5/view?usp=drive_link

Chart 4:

https://drive.google.com/file/d/1Uep01dQMbJeZ_Jt5p_Qbdzfm5zB2jKKi/view?usp=drive_link

Chart 5:

https://drive.google.com/file/d/14eiXpxL9-5WU4ppQXR6gpLLYiH4Y-JAJ/view?usp=drive_link

Set up a free coaching session with Paul:

https://calendly.com/dts-paul/coaching-session-w-paul

The DTS Free Stuff Page:

https://disciplinedtradingstrategies.com/free-stuff/

To learn more, visit:

http://disciplinedtradingstrategies.com

Listen to more episodes on Mission Matters:

https://missionmatters.com/author/paul-lange/

As a podcast, this of course will not be a detailed lesson on exactly how to make money from options. However, there will be some great information discussed including; the stupidest comment that I hear on a monthly basis, options actually accomplished in your trading, what you should never do with options, and the best general use for options provided you understand when to use it.

Set up a free coaching session with Paul:

https://calendly.com/dts-paul/coaching-session-w-paul

The DTS Free Stuff Page:

https://disciplinedtradingstrategies.com/free-stuff/

To learn more, visit:

http://disciplinedtradingstrategies.com

Listen to more episodes on Mission Matters:

https://missionmatters.com/author/paul-lange/

In the DTS seminar program there is a discussion near the end about pitfalls that new traders may run into. The first pitfall is listed as overtrading. The second pitfall is listed as overtrading. It then goes on to discuss why overtrading ranks as the first two pitfalls that new traders may run into. Tune in to hear the reasons why, as this is another one of those possible career killers for traders.

Set up a free coaching session with Paul:
https://calendly.com/dts-paul/coaching-session-w-paul

The DTS Free Stuff Page:
https://disciplinedtradingstrategies.com/free-stuff/

To learn more, visit:
http://disciplinedtradingstrategies.com

Listen to more episodes on Mission Matters:
https://missionmatters.com/author/paul-lange/

You likely already know that emotions play a big part in trading, no matter how much of a cool cucumber you think you are. And we all know those emotions are fear and greed. But one towers over the other, and inside of that one emotion there is perhaps one big issue that damages more traders’ careers than anything else. I want to sort out these various psychological issues, discuss them to some degree, and also discuss how you overcome these issues once and for all.

Set up a free coaching session with Paul:
https://calendly.com/dts-paul/coaching-session-w-paul

The DTS Free Stuff Page:
https://disciplinedtradingstrategies.com/free-stuff/

To learn more, visit:
http://disciplinedtradingstrategies.com

Listen to more episodes on Mission Matters:
https://missionmatters.com/author/paul-lange/

Whether you are a new and developing trader, or an experienced trader, the use of your time is a very important facet. And this is one category where the more experienced you get, oftentimes the worst your time management becomes.

There are two issues. One is wasting time by focusing on things you perhaps should not be studying, at all. But of the list of things that really do matter, very few traders spend their time proportionally delegated to the most important things first. This can seriously hamper or completely stop a new trader’s development.

Set up a free coaching session with Paul:
https://calendly.com/dts-paul/coaching-session-w-paul

The DTS Free Stuff Page:
https://disciplinedtradingstrategies.com/free-stuff/

To learn more, visit:
http://disciplinedtradingstrategies.com

Listen to more episodes on Mission Matters:
https://missionmatters.com/author/paul-lange/