Edge Up

1) Read 5 pages of a trading book. (see book recommendation channel)

2) Journal or review a trade and document it. - (backtesting counts)

3) Workout once (at least 45min). A Walk counts.

4) Drink half a gallon of water a day = 64 ounces

Bottom line: you’ll come out a better trader, more resilient, disciplined person at the end of the 60 days.

Great traders have these traits - grit,discipline, resiliency

Bootcamp & Trainings: https://training.hawaiitradingacademy.com/store

Website: https://bit.ly/HawaiiTrading

HTA TV: https://bit.ly/3sLQpnI

Podcast: https://spoti.fi/3wfbqF7

Youtube: https://bit.ly/HTAtube

Instagram: https://bit.ly/HTAig

Facebook: https://bit.ly/HTAface

Twitter: https://bit.ly/HTAtweet

Create Your Own Success In The Markets.

Book a FREE call with us: https://bit.ly/3EwgpGj

Ready to take the leap to get funded? Click the link below!

https://www.surgetrader.com/?afmc=HTA

Mahalo for listening.

Safe Trading!

Show notes:

EP 36: Trade60 Details

Trade 60 Discord

Setting Goals: The Framework for Success

1️⃣ Set Goals with a Purpose

• Begin with a bigger vision and purpose.
• Start with the end in mind.
• Example: Donating a million dollars to charity.
• Write down goals for clarity and motivation.

2️⃣ Create an Action Plan: Break Down Goals

• Break goals into manageable pieces.
• Share goals with others for accountability.
• Consider 90-day targets and yearly goals.
• Example: Break down a 10-year goal into yearly, quarterly, and monthly targets.

3️⃣ Take the Action

• Surround yourself with the right people for accountability.
• Identify those who align with your goals.
• Implement a 2-step action plan.
• Set weekly actionable steps toward your goals.

4️⃣ Monthly Recap/Review

• Review progress individually.
• Share progress with your circle for input.
• Stay open-minded and pivot when needed.
• Embrace challenges with resilience.

Bootcamp & Trainings: https://training.hawaiitradingacademy.com/store

Website: https://bit.ly/HawaiiTrading

HTA TV: https://bit.ly/3sLQpnI

Podcast: https://spoti.fi/3wfbqF7

Youtube: https://bit.ly/HTAtube

Instagram: https://bit.ly/HTAig

Facebook: https://bit.ly/HTAface

Twitter: https://bit.ly/HTAtweet

Create Your Own Success In The Markets.

Book a FREE call with us: https://bit.ly/3EwgpGj

Ready to take the leap to get funded? Click the link below!

https://www.surgetrader.com/?afmc=HTA

Mahalo for listening.

Safe Trading!

Show notes:

EP 58 Holiday Trading

EP 56 Resiliency over Luck

Harvard Study

Aloha! We are Glenn & Reid, founders of Hawai'i Trading Academy.

Our mission: Cultivate & sustain profitable traders.

Our ethos: Be honest and transparent as we build our content off of what we consider three pillars of successful trading: Risk Management, Edge, and Psychology.

For more information about Trading Education in Hawaii, visit our links below:

Bootcamp & Trainings: https://training.hawaiitradingacademy.com/store

Website: https://bit.ly/HawaiiTrading

HTA TV: https://bit.ly/3sLQpnI

Podcast: https://spoti.fi/3wfbqF7

Youtube: https://bit.ly/HTAtube

Instagram: https://bit.ly/HTAig

Facebook: https://bit.ly/HTAface

Twitter: https://bit.ly/HTAtweet

Create Your Own Success In The Markets.

Book a FREE call with us: https://bit.ly/3EwgpGj

Ready to take the leap to get funded? Click the link below!

https://www.surgetrader.com/?afmc=HTA

Mahalo for listening.

Safe Trading!

Aloha! We are Glenn & Reid, founders of Hawai'i Trading Academy.

Our mission: Cultivate & sustain profitable traders.

Our ethos: Be honest and transparent as we build our content off of what we consider three pillars of successful trading: Risk Management, Edge, and Psychology.

In this episodes, we discuss why backtesting is important and why we still do it 10 years in the game. There are different backtesting methods and if you want to stay on point and in-sync, backtesting along with journaling is the way to go.

Reasons to backtest:

1. Know your edge - results. Testing if the strategy has an edge.
2. Gain confidence in your system
   1. Gain confidence back after string of losses/DD.
3. Understanding risk and drawdowns within your system
4. Antsy, really want to get in the market when there is no edge.

Stats to look for in backtesting:

1) % gained

2) Wins

3) Losses

4) Max drawdown

5) Average win/loss

6) reward/risk ratio

7) Average time in trade

Our HTA vids on backtesting: https://training.hawaiitradingacademy.com/offers/S6tPzdkS/checkout

For more information about Trading Education in Hawaii, visit our links below:

Bootcamp & Trainings: https://training.hawaiitradingacademy.com/store

Website: https://bit.ly/HawaiiTrading

HTA TV: https://bit.ly/3sLQpnI

Podcast: https://spoti.fi/3wfbqF7

Youtube: https://bit.ly/HTAtube

Instagram: https://bit.ly/HTAig

Facebook: https://bit.ly/HTAface

Twitter: https://bit.ly/HTAtweet

Create Your Own Success In The Markets.

Book a FREE call with us: https://bit.ly/3EwgpGj

Ready to take the leap to get funded? Click the link below!

https://www.surgetrader.com/?afmc=HTA

Mahalo for listening.

Safe Trading!

Aloha! We are Glenn & Reid, founders of Hawai'i Trading Academy.

Our mission: Cultivate & sustain profitable traders.

Our ethos: Be honest and transparent as we build our content off of what we consider three pillars of successful trading: Risk Management, Edge, and Psychology.

You may get lucky by YOLOing your account but it is not repeatable nor is it sustainable.

The characteristic that all traders must develop is the skill of resiliency. It won't develop over night but it's something to strive for. The market will constantly deliver losses but only those that have developed a proper Resilient mindset will reach the success they desire.

In this episode, we dive into why trading resiliency is important not only in trading but in day-to-day lives as well.

We hope you enjoy! thanks for reading and listening!

Show Notes:

Lottery study - https://time.com/5427275/lottery-winning-happiness-debunked/

Related HTA episodes:

Ep 15 | Treat Trading Like A Business

Ep 21 | Market Resiliency

Ep 39 | Mental Resiliency

For more information about Trading Education in Hawaii, visit our links below:

Bootcamp & Trainings: https://training.hawaiitradingacademy.com/store

Website: https://bit.ly/HawaiiTrading

HTA TV: https://bit.ly/3sLQpnI

Podcast: https://spoti.fi/3wfbqF7

Youtube: https://bit.ly/HTAtube

Instagram: https://bit.ly/HTAig

Facebook: https://bit.ly/HTAface

Twitter: https://bit.ly/HTAtweet

Create Your Own Success In The Markets.

Book a FREE call with us: https://bit.ly/3EwgpGj

Ready to take the leap to get funded? Click the link below!

https://www.surgetrader.com/?afmc=HTA

Mahalo for listening.

Safe Trading!

Aloha! We are Glenn & Reid, founders of Hawai'i Trading Academy.

Our mission: Cultivate & sustain profitable traders.

Our ethos: Be honest and transparent as we build our content off of what we consider three pillars of successful trading: Risk Management, Edge, and Psychology.

In this episode, we share personal stories of how we get in sync with the markets, AKA trading in the zone, as well as the negatives that comes with not being in sync...losses.

Actionable steps that we go over to help you get in sync with the markets and trade your best:

• Create a trading routine.
• Breathe work before trading.
• Clean environment - Try to have as peaceful placid work environment as possible.
  • Music
  • Smell
• Don’t be out and about and try to analyze the markets (not from the phone)
• Knowing when to take a break from your phone/internet.
• Backtesting.
• Journaling.
• Feeling good with health - eating, sleeping well, moving the body.'

SHOW NOTES:

Books:

Trading in the zone - Mark Douglas

One good trade - Mike Belafiore

Winning - Tim Grover

Related episodes:

023 | Flow State

041| Should You Trade From Your Phone?

For more information about Trading Education in Hawaii, visit our links below:

Bootcamp & Trainings: https://training.hawaiitradingacademy.com/store

Website: https://bit.ly/HawaiiTrading

HTA TV: https://bit.ly/3sLQpnI

Podcast: https://spoti.fi/3wfbqF7

Youtube: https://bit.ly/HTAtube

Instagram: https://bit.ly/HTAig

Facebook: https://bit.ly/HTAface

Twitter: https://bit.ly/HTAtweet

Create Your Own Success In The Markets.

Book a FREE call with us: https://bit.ly/3EwgpGj

Ready to take the leap to get funded? Click the link below!

https://www.surgetrader.com/?afmc=HTA

Mahalo for listening.

Safe Trading!

__________________________________________

War is a racket - “I spent 33 years and four months in active military service and during that period I spent most of my time as a high class muscle man for Big Business, for Wall Street and the bankers. In short, I was a racketeer, a gangster for capitalism.”

“WAR is a racket. It always has been. It is possibly the oldest, easily the most profitable, surely the most vicious. It is the only one international in scope. It is the only one in which the profits are reckoned in dollars and the losses in lives.”

― Smedley Butler, War is a Racket

Show Notes:

EP 015 | Treat Trading Like A Business - https://open.spotify.com/episode/2kWc5D7GeJsRcPfmVEeAFw?si=0136a9d58f65443d

EP 020 | Risk Management - https://open.spotify.com/episode/0Kzl2eDbMKgPmefr4UNdCj?si=9217021bc8304c35

Charts Discussed in this episode:

Oil - https://www.tradingview.com/x/pTBD43Ik/

NAS- https://www.tradingview.com/x/kHrR7TRS/

DOW - https://www.tradingview.com/x/DGMO5IsQ/

Gold - https://www.tradingview.com/x/1Bg7of4T/

GD - https://www.tradingview.com/x/9QVgifEu/

LMT - https://www.tradingview.com/x/AzRvqE6m/

Fear & Greed Index:

https://www.cnn.com/markets/fear-and-greed

Bootcamp & Trainings: https://training.hawaiitradingacademy.com/store

Website: https://bit.ly/HawaiiTrading

HTA TV: https://bit.ly/3sLQpnI

Podcast: https://spoti.fi/3wfbqF7

Youtube: https://bit.ly/HTAtube

Instagram: https://bit.ly/HTAig

Facebook: https://bit.ly/HTAface

Twitter: https://bit.ly/HTAtweet

Aloha! We are Glenn & Reid, founders of Hawai'i Trading Academy.Our mission: Cultivate & sustain profitable traders.Our ethos: Be honest and transparent as we build our content off of what we consider three pillars of successful trading: Risk Management, Edge, and Psychology.

In this episode, we sit down with Brandon Rabe, a real estate investor out here in Hawai'i who shares an inspirational message of following your dreams.

Brandon is an active out of state investor based in Honolulu, HI with a portfolio of single family properties in the Midwest. As a loving husband and present father, he balances mentoring aspiring investors, co-hosting REI meetups, and partakes in random acts of kindness in his local community.

As a former UPS delivery driver, he brings the qualities of persistence, commitment, integrity, and ownership to those who want to get started in real estate investing.

Through REI Charge, one of his goals is to create a community of 100k+ delivery drivers and assist them in their creation of a passive income portfolio. Whether you’re a student, busy professional, or stay at home parent, Brandon’s purpose is to support you in your real estate investing journey!

Where you can find Brandon:

Website: https://reicharge.com

IG: https://www.instagram.com/rei.charge/

https://www.instagram.com/breakingrhythm/

.For more information about Trading Education in Hawaii, visit our links below:Bootcamp & Trainings: https://training.hawaiitradingacademy.com/storeWebsite: https://bit.ly/HawaiiTradingHTA TV: https://bit.ly/3sLQpnIPodcast: https://spoti.fi/3wfbqF7Youtube: https://bit.ly/HTAtubeInstagram: https://bit.ly/HTAigFacebook: https://bit.ly/HTAfaceTwitter: https://bit.ly/HTAtweetCreate Your Own Success In The Markets.Book a FREE call with us: https://bit.ly/3EwgpGjReady to take the leap to get funded? Click the link below!https://www.surgetrader.com/?afmc=HTAMahalo for listening.Safe Trading!

In this episode, we discuss The Gambler and The Risk Manager. Proper Risk management is the way to stay in the game of trading.

Dive into their contrasting approaches – one chasing wild dreams, the other calculated and composed. Explore the importance of risk assessment, emotional control, and gradual position sizing. Tune in and trade smarter as we edge up together.

"Risk control is the most important thing in trading. If you have a losing position that is making you uncomfortable, the solution is very simple: Get out, because you can always get back in." - Paul Tudor Jones

Show Notes:

Related Episodes:

Trading vs Gambling

Trading on Tilt

Aloha! We are Glenn & Reid, founders of Hawai'i Trading Academy.Our mission: Cultivate & sustain profitable traders.Our ethos: Be honest and transparent as we build our content off of what we consider three pillars of successful trading: Risk Management, Edge, and Psychology.For more information about Trading Education in Hawaii, visit our links below:Bootcamp & Trainings: https://training.hawaiitradingacademy.com/storeWebsite: https://bit.ly/HawaiiTradingHTA TV: https://bit.ly/3sLQpnIPodcast: https://spoti.fi/3wfbqF7Youtube: https://bit.ly/HTAtubeInstagram: https://bit.ly/HTAigFacebook: https://bit.ly/HTAfaceTwitter: https://bit.ly/HTAtweetBOOK A FREE CALL: https://bit.ly/3EwgpGjCreate Your Own Success In The Markets.Ready to take the leap to get funded? Click the link below!https://www.surgetrader.com/?afmc=HTAMahalo for listening.Safe Trading!