In this episode of Two Traders Podcast, Darren and Walter focus on the different aspects of the trading game, re-examining your beliefs, why Walter’s traders have difficulty with over trading while Darren’s traders have difficulty pulling the trigger, and what you must keep in mind when trading Darren’s system.
Walter and Darren also talk about why how you find your profits with your system is entirely up to you.
Download (Duration: 16:58 /19.4 MB)
In this episode:
01:21 a really good point
02:57 different angle
05: 12 figuring out what you like
06:03 keep in mind
08:19 choosing trading strategies
11:04 seeds of doubt
14:20 adjusting your strategy
15:45 unspoken rule
Tweetables:
We’re drawn into believing stuff so easily without really examining them deeply. [Click To Tweet].
If you want to squash the seeds of doubt, the best way to do it is to just do it. [Click To Tweet].
Be honest with yourself, see your mistakes, and try to correct them. [Click To Tweet].
Download The Full Episode 43 Transcript Here
Walter: The idea that you should be trading a certain amount of frequency probably is more related to your beliefs about trading and, potentially, even the approach that you take on your trading than in anything else…
Announcer: Two traders, Darren and Walter, pull back the curtain on profitable trading systems, consistent money management, and profitable psychological triggers. Welcome to the Two Traders Podcast.
Walter: In episode 43 of the Two Traders Podcast, Darren and Walter focus on different aspects of the trading game and talked about why this is. You’ll also hear why Walter’s traders have difficulty with overtrading while Darren’s traders have difficulty pulling the trigger. You’ll learn what you must keep in mind when trading Darren’s system and why how you find your profits with your system is entirely up to you.
You’ll also find out why you may not marry your dream girl and how do you know when to re-examine what you believe in in regards to your trading. Also, is there any proof with any trading systems? All these and more in episode 43 of the Two Traders Podcast.
…yeah, you bring up a really good point. It’s this idea that your traders who follow your system and have a hard time pulling the trigger. What’s happening is because of the basic structure of the system. It encourages a different way or, in a different way, it’s confronting.
Let me explain this in another wa. Because of the way I trade, and so much is in the emphasis on the setup, this leads to most traders looking for this setup and they just… “that looks good enough to me, I’ll take it.” That’s sort of thinking is overtrading. It encourages over trading in a way.
Most system is setup that way where “Look this is what the setup looks like, this is how you take it, and then you manage it like this, this is how you exit.” That’s normal.