When it comes to taking losses, there are actually a lot of different categories here.  One of them is the fear of taking them in the first place.  VP and Robb explore the different ways we talk ourselves out of profitable trades and investments, and you'll hopefully see just how ridiculous it can be when you hear it out loud.

#TradingPsychology

Maverick Links

Click Here To Learn More about Maverick Forex Trading:  URL:

https://maverickfx.com/application-3-a/?utm_source=vpyt

Click Here To Learn More about Maverick Currencies: URL: https://maverickcurrencies.com/application-3-a/?utm_source=VPPodPsych

Click Here To Learn More about Maverick Trading’s Stock/Options Division: URL: https://mavericktrading.com/application-3-a/?utm_source=VPPodPsych

Maverick Trading YouTube Channel:

https://www.youtube.com/@mavericktrading

Robb’s Flat Earth Trading Society

https://www.youtube.com/@FlatEarthTradingSociety

No Nonsense Forex Links

VP’s Trading Psychology Book

https://nononsenseforex.com/forex-psychology-book/

Recommended Crypto Trading Platform (Bonus and Contest Eligibility) -

https://nononsenseforex.com/cryptocurrencies/best-crypto-trading-platform/

Blueberry Markets Blog (Top FX Broker) -

https://nononsenseforex.com/uncategorized/blueberry-markets-review-my-top-broker-for-2019/

Follow VP on Twitter

https://twitter.com/This_Is_VP4X

The hosts of this podcast are not licensed financial advisors, and nothing heard on this podcast should be taken as financial advice.  Do your own research and understand all financial decisions and the results therein are yours and yours alone.  The host is not responsible for the actions of their sponsors and/or affiliates.  Conversely, views expressed on this podcast are that of the host only and may not reflect the views of any companies mentioned. Trading anything involves risk.  Losses can exceed deposits.

We're stepping away from trading for one episode, because we feel it's critically important for everyone to strongly consider investing your cash if you aren't already.  For those of you who already do, there is still some alpha here for you as well.  But if you're feeling unconfident making that major step from doing what the poor do in to doing what the rich do, give us about an hour of your time.

#TradingPsychology

Maverick Links

Click Here To Learn More about Maverick Forex Trading:  URL:

https://maverickfx.com/application-3-a/?utm_source=vpyt

Click Here To Learn More about Maverick Currencies: URL: https://maverickcurrencies.com/application-3-a/?utm_source=VPPodPsych

Click Here To Learn More about Maverick Trading’s Stock/Options Division: URL: https://mavericktrading.com/application-3-a/?utm_source=VPPodPsych

Maverick Trading YouTube Channel:

https://www.youtube.com/@mavericktrading

Robb’s Flat Earth Trading Society

https://www.youtube.com/@FlatEarthTradingSociety

No Nonsense Forex Links

VP’s Trading Psychology Book

https://nononsenseforex.com/forex-psychology-book/

Recommended Crypto Trading Platform (Bonus and Contest Eligibility) -

https://nononsenseforex.com/cryptocurrencies/best-crypto-trading-platform/

Blueberry Markets Blog (Top FX Broker) -

https://nononsenseforex.com/uncategorized/blueberry-markets-review-my-top-broker-for-2019/

Follow VP on Twitter

https://twitter.com/This_Is_VP4X

The hosts of this podcast are not licensed financial advisors, and nothing heard on this podcast should be taken as financial advice.  Do your own research and understand all financial decisions and the results therein are yours and yours alone.  The host is not responsible for the actions of their sponsors and/or affiliates.  Conversely, views expressed on this podcast are that of the host only and may not reflect the views of any companies mentioned. Trading anything involves risk.  Losses can exceed deposits.

What does it say about somebody who just sits or stands there and does nothing?  It's not going to make you too popular, especially amongst people who don't understand the business you're in.  So often at times, we feel pressure to take action where simply not taking any action at all would have been so much better.  Still confused?  VP and Robb break it down.

#TradingPsychology

Maverick Links

Click Here To Learn More about Maverick Forex Trading:  URL:

https://maverickfx.com/application-3-a/?utm_source=vpyt

Click Here To Learn More about Maverick Currencies: URL: https://maverickcurrencies.com/application-3-a/?utm_source=VPPodPsych

Click Here To Learn More about Maverick Trading’s Stock/Options Division: URL: https://mavericktrading.com/application-3-a/?utm_source=VPPodPsych

Maverick Trading YouTube Channel:

https://www.youtube.com/@mavericktrading

Robb’s Flat Earth Trading Society

https://www.youtube.com/@FlatEarthTradingSociety

No Nonsense Forex Links

VP’s Trading Psychology Book

https://nononsenseforex.com/forex-psychology-book/

Recommended Crypto Trading Platform (Bonus and Contest Eligibility) -

https://nononsenseforex.com/cryptocurrencies/best-crypto-trading-platform/

Blueberry Markets Blog (Top FX Broker) -

https://nononsenseforex.com/uncategorized/blueberry-markets-review-my-top-broker-for-2019/

Follow VP on Twitter

https://twitter.com/This_Is_VP4X

The hosts of this podcast are not licensed financial advisors, and nothing heard on this podcast should be taken as financial advice.  Do your own research and understand all financial decisions and the results therein are yours and yours alone.  The host is not responsible for the actions of their sponsors and/or affiliates.  Conversely, views expressed on this podcast are that of the host only and may not reflect the views of any companies mentioned. Trading anything involves risk.  Losses can exceed deposits.

We learned last episode what is actually possible if you have your own trading psychology in order.  But if you don't won your own results from the start, then you'll never understand what is need to get to that very level of success.  And a LOT of you are in denial here.  VP and Robb so deep into the types of people who exist when it comes to accountability, and how YOU can make sure you are owning your results, in the good times and the bad.

#TradingPsychology

"4 Tendencies" Quiz -

https://gretchenrubin.com/quiz/the-four-tendencies-quiz/

Maverick Links

Click Here To Learn More about Maverick Forex Trading:  URL:

https://maverickfx.com/application-3-a/?utm_source=vpyt

Click Here To Learn More about Maverick Currencies: URL: https://maverickcurrencies.com/application-3-a/?utm_source=VPPodPsych

Click Here To Learn More about Maverick Trading’s Stock/Options Division: URL: https://mavericktrading.com/application-3-a/?utm_source=VPPodPsych

Maverick Trading YouTube Channel:

https://www.youtube.com/@mavericktrading

Robb’s Flat Earth Trading Society

https://www.youtube.com/@FlatEarthTradingSociety

No Nonsense Forex Links

VP’s Trading Psychology Book

https://nononsenseforex.com/forex-psychology-book/

Recommended Crypto Trading Platform (Bonus and Contest Eligibility) -

https://nononsenseforex.com/cryptocurrencies/best-crypto-trading-platform/

Blueberry Markets Blog (Top FX Broker) -

https://nononsenseforex.com/uncategorized/blueberry-markets-review-my-top-broker-for-2019/

Follow VP on Twitter

https://twitter.com/This_Is_VP4X

The hosts of this podcast are not licensed financial advisors, and nothing heard on this podcast should be taken as financial advice.  Do your own research and understand all financial decisions and the results therein are yours and yours alone.  The host is not responsible for the actions of their sponsors and/or affiliates.  Conversely, views expressed on this podcast are that of the host only and may not reflect the views of any companies mentioned. Trading anything involves risk.  Losses can exceed deposits.

One year ago, Robb Reinhold began an experiment on full display in front of the whole trading world.  What would happen if you just chose positions at random, and then just stayed out of the decision-making process after that?  In other words, what if you just avoided everything we told you to avoid on this podcast, and did nothing else?  The results.....should not surprise you.

Link to the Flat Earth Trading Results Video -

https://youtu.be/DkAhKbCqyJs?si=r4D9i6oS8otxRDhs

#TradingPsychology

Maverick Links

Click Here To Learn More about Maverick Forex Trading:  URL:

https://maverickfx.com/application-3-a/?utm_source=vpyt

Click Here To Learn More about Maverick Currencies: URL: https://maverickcurrencies.com/application-3-a/?utm_source=VPPodPsych

Click Here To Learn More about Maverick Trading’s Stock/Options Division: URL: https://mavericktrading.com/application-3-a/?utm_source=VPPodPsych

Maverick Trading YouTube Channel:

https://www.youtube.com/@mavericktrading

Robb’s Flat Earth Trading Society

https://www.youtube.com/@FlatEarthTradingSociety

No Nonsense Forex Links

VP’s Trading Psychology Book

https://nononsenseforex.com/forex-psychology-book/

Recommended Crypto Trading Platform (Bonus and Contest Eligibility) -

https://nononsenseforex.com/cryptocurrencies/best-crypto-trading-platform/

Blueberry Markets Blog (Top FX Broker) -

https://nononsenseforex.com/uncategorized/blueberry-markets-review-my-top-broker-for-2019/

Markets.com Blog (Other top FX Broker)-

https://nononsenseforex.com/uncategorized/markets-com-review/

US Residents Go Here (Top US FX Broker)-

https://nononsenseforex.com/uncategorized/ig-us-review/

Follow VP on Twitter

https://twitter.com/This_Is_VP4X

The hosts of this podcast are not licensed financial advisors, and nothing heard on this podcast should be taken as financial advice.  Do your own research and understand all financial decisions and the results therein are yours and yours alone.  The host is not responsible for the actions of their sponsors and/or affiliates.  Conversely, views expressed on this podcast are that of the host only and may not reflect the views of any companies mentioned. Trading anything involves risk.  Losses can exceed deposits.

Anyone who has put some real time into trading has that moment where they're not killing it anymore, and they wonder if they should abandon their system and go to a new one.  Well the answer to this is simple -- it depends.  VP and Robb Discuss something we probably should have discussed a long time ago.

#TradingPsychology

Maverick Links

Click Here To Learn More about Maverick Forex Trading:  URL:

https://maverickfx.com/application-3-a/?utm_source=vpyt

Click Here To Learn More about Maverick Currencies: URL: https://maverickcurrencies.com/application-3-a/?utm_source=VPPodPsych

Click Here To Learn More about Maverick Trading’s Stock/Options Division: URL: https://mavericktrading.com/application-3-a/?utm_source=VPPodPsych

Maverick Trading YouTube Channel:

https://www.youtube.com/@mavericktrading

Robb’s Flat Earth Trading Society

https://www.youtube.com/@FlatEarthTradingSociety

No Nonsense Forex Links

VP’s Trading Psychology Book

https://nononsenseforex.com/forex-psychology-book/

Recommended Crypto Trading Platform (Bonus and Contest Eligibility) -

https://nononsenseforex.com/cryptocurrencies/best-crypto-trading-platform/

Blueberry Markets Blog (Top FX Broker) -

https://nononsenseforex.com/uncategorized/blueberry-markets-review-my-top-broker-for-2019/

Markets.com Blog (Other top FX Broker)-

https://nononsenseforex.com/uncategorized/markets-com-review/

US Residents Go Here (Top US FX Broker)-

https://nononsenseforex.com/uncategorized/ig-us-review/

Follow VP on Twitter

https://twitter.com/This_Is_VP4X

The hosts of this podcast are not licensed financial advisors, and nothing heard on this podcast should be taken as financial advice.  Do your own research and understand all financial decisions and the results therein are yours and yours alone.  The host is not responsible for the actions of their sponsors and/or affiliates.  Conversely, views expressed on this podcast are that of the host only and may not reflect the views of any companies mentioned. Trading anything involves risk.  Losses can exceed deposits.

There is some fear and overall dread with the idea that Artificial Intelligence will take over the trading world, and there is no sense becoming good at trading yourself, when AI is just going to end up doing it better.  Nobody can predict the future, but we have a lot of history to go on here.  VP and Robb give their thoughts.

#TradingPsychology

Maverick Links

Click Here To Learn More about Maverick Forex Trading:  URL:

https://maverickfx.com/application-3-a/?utm_source=vpyt

Click Here To Learn More about Maverick Currencies: URL: https://maverickcurrencies.com/application-3-a/?utm_source=VPPodPsych

Click Here To Learn More about Maverick Trading’s Stock/Options Division: URL: https://mavericktrading.com/application-3-a/?utm_source=VPPodPsych

Maverick Trading YouTube Channel:

https://www.youtube.com/@mavericktrading

Robb’s Flat Earth Trading Society

https://www.youtube.com/@FlatEarthTradingSociety

No Nonsense Forex Links

VP’s Trading Psychology Book

https://nononsenseforex.com/forex-psychology-book/

Recommended Crypto Trading Platform (Bonus and Contest Eligibility) -

https://nononsenseforex.com/cryptocurrencies/best-crypto-trading-platform/

Blueberry Markets Blog (Top FX Broker) -

https://nononsenseforex.com/uncategorized/blueberry-markets-review-my-top-broker-for-2019/

Markets.com Blog (Other top FX Broker)-

https://nononsenseforex.com/uncategorized/markets-com-review/

US Residents Go Here (Top US FX Broker)-

https://nononsenseforex.com/uncategorized/ig-us-review/

Follow VP on Twitter

https://twitter.com/This_Is_VP4X

The hosts of this podcast are not licensed financial advisors, and nothing heard on this podcast should be taken as financial advice.  Do your own research and understand all financial decisions and the results therein are yours and yours alone.  The host is not responsible for the actions of their sponsors and/or affiliates.  Conversely, views expressed on this podcast are that of the host only and may not reflect the views of any companies mentioned. Trading anything involves risk.  Losses can exceed deposits.

In a GREATest hits episode, VP and Robb talk about what it takes to reach the top of your game no matter what it is, after being inspired by a graduation speech from Roger Federer.

#TradingPsychology

Maverick Links

Click Here To Learn More about Maverick Forex Trading:  URL:

https://maverickfx.com/application-3-a/?utm_source=vpyt

Click Here To Learn More about Maverick Currencies: URL: https://maverickcurrencies.com/application-3-a/?utm_source=VPPodPsych

Click Here To Learn More about Maverick Trading’s Stock/Options Division: URL: https://mavericktrading.com/application-3-a/?utm_source=VPPodPsych

Maverick Trading YouTube Channel:

https://www.youtube.com/@mavericktrading

Robb’s Flat Earth Trading Society

https://www.youtube.com/@FlatEarthTradingSociety

No Nonsense Forex Links

VP’s Trading Psychology Book

https://nononsenseforex.com/forex-psychology-book/

Recommended Crypto Trading Platform (Bonus and Contest Eligibility) -

https://nononsenseforex.com/cryptocurrencies/best-crypto-trading-platform/

Blueberry Markets Blog (Top FX Broker) -

https://nononsenseforex.com/uncategorized/blueberry-markets-review-my-top-broker-for-2019/

Markets.com Blog (Other top FX Broker)-

https://nononsenseforex.com/uncategorized/markets-com-review/

US Residents Go Here (Top US FX Broker)-

https://nononsenseforex.com/uncategorized/ig-us-review/

Follow VP on Twitter

https://twitter.com/This_Is_VP4X

The hosts of this podcast are not licensed financial advisors, and nothing heard on this podcast should be taken as financial advice.  Do your own research and understand all financial decisions and the results therein are yours and yours alone.  The host is not responsible for the actions of their sponsors and/or affiliates.  Conversely, views expressed on this podcast are that of the host only and may not reflect the views of any companies mentioned. Trading anything involves risk.  Losses can exceed deposits.

It turns out there are LOTs of reasons why you might deviate from a rational position size when you trade.  There has never been a professional trader in history who has not followed a consistent position sizing regimen, so listen up.  We have to get this demon out of you, regardless of what your reason might be.

#TradingPsychology

Maverick Links

Click Here To Learn More about Maverick Forex Trading:  URL:

https://maverickfx.com/application-3-a/?utm_source=vpyt

Click Here To Learn More about Maverick Currencies: URL: https://maverickcurrencies.com/application-3-a/?utm_source=VPPodPsych

Click Here To Learn More about Maverick Trading’s Stock/Options Division: URL: https://mavericktrading.com/application-3-a/?utm_source=VPPodPsych

Maverick Trading YouTube Channel:

https://www.youtube.com/@mavericktrading

Robb’s Flat Earth Trading Society

https://www.youtube.com/@FlatEarthTradingSociety

No Nonsense Forex Links

VP’s Trading Psychology Book

https://nononsenseforex.com/forex-psychology-book/

Recommended Crypto Trading Platform (Bonus and Contest Eligibility) -

https://nononsenseforex.com/cryptocurrencies/best-crypto-trading-platform/

Blueberry Markets Blog (Top FX Broker) -

https://nononsenseforex.com/uncategorized/blueberry-markets-review-my-top-broker-for-2019/

Markets.com Blog (Other top FX Broker)-

https://nononsenseforex.com/uncategorized/markets-com-review/

US Residents Go Here (Top US FX Broker)-

https://nononsenseforex.com/uncategorized/ig-us-review/

Follow VP on Twitter

https://twitter.com/This_Is_VP4X

The hosts of this podcast are not licensed financial advisors, and nothing heard on this podcast should be taken as financial advice.  Do your own research and understand all financial decisions and the results therein are yours and yours alone.  The host is not responsible for the actions of their sponsors and/or affiliates.  Conversely, views expressed on this podcast are that of the host only and may not reflect the views of any companies mentioned. Trading anything involves risk.  Losses can exceed deposits.

The markets aren't always exciting and action-packed.  And other endeavors can take its place sometimes.  But when you are bored with trading or bored with the market in general, what's the best way to handle it?  VP and Robb have been there.  And they have answers.

#TradingPsychology

Maverick Links

Click Here To Learn More about Maverick Forex Trading:  URL:

https://maverickfx.com/application-3-a/?utm_source=vpyt

Click Here To Learn More about Maverick Currencies: URL: https://maverickcurrencies.com/application-3-a/?utm_source=VPPodPsych

Click Here To Learn More about Maverick Trading’s Stock/Options Division: URL: https://mavericktrading.com/application-3-a/?utm_source=VPPodPsych

Maverick Trading YouTube Channel:

https://www.youtube.com/@mavericktrading

Robb’s Flat Earth Trading Society

https://www.youtube.com/@FlatEarthTradingSociety

No Nonsense Forex Links

VP’s Trading Psychology Book

https://nononsenseforex.com/forex-psychology-book/

Recommended Crypto Trading Platform (Bonus and Contest Eligibility) -

https://nononsenseforex.com/cryptocurrencies/best-crypto-trading-platform/

Blueberry Markets Blog (Top FX Broker) -

https://nononsenseforex.com/uncategorized/blueberry-markets-review-my-top-broker-for-2019/

Markets.com Blog (Other top FX Broker)-

https://nononsenseforex.com/uncategorized/markets-com-review/

US Residents Go Here (Top US FX Broker)-

https://nononsenseforex.com/uncategorized/ig-us-review/

Follow VP on Twitter

https://twitter.com/This_Is_VP4X

The hosts of this podcast are not licensed financial advisors, and nothing heard on this podcast should be taken as financial advice.  Do your own research and understand all financial decisions and the results therein are yours and yours alone.  The host is not responsible for the actions of their sponsors and/or affiliates.  Conversely, views expressed on this podcast are that of the host only and may not reflect the views of any companies mentioned. Trading anything involves risk.  Losses can exceed deposits.