Traders Improved Trading Podcast

Why 99% of traders fail. Questioning trading myths | Traders Improved (#70)


Listen Later

99% of traders fail, yet 99% do the same things all the time. Be different and step outside the box.


When I started out, I followed all the classic "trading laws" such as the trend is your friend, multi-timeframe analysis is the way to go, only trade the majors, and so on...

I was struggling and never felt 100% comfortable with trading. It wasn't until I started doing this differently and started questioning those "trading myths" that my trading saw improvements.

I stopped trend trading and explored different approaches. And suddenly the charts made a lot more sense.

I stopped doing multi-timeframe analysis and my confusion stopped. 

I started looking at a lot of different Forex pairs, instead of just the majors. And suddenly I could find way more and way better trades.

 

Those old myths might have had their right to exist 10, 20 or 30 years ago. But maybe the market and trading, in general, has changed. You need to start questioning things. Don't just blindly accept what people tell you and try how a different approach would feel. 

...more
View all episodesView all episodes
Download on the App Store

Traders Improved Trading PodcastBy Edgewonk / Rolf Schlotmann/ Quantum Trade Solutions GmbH

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

27 ratings


More shows like Traders Improved Trading Podcast

View all
Money For the Rest of Us by J. David Stein

Money For the Rest of Us

1,358 Listeners

Chat With Traders by Ian Cox and Tessa Dao

Chat With Traders

1,994 Listeners

Top Traders Unplugged by Niels Kaastrup-Larsen

Top Traders Unplugged

587 Listeners

Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders by Etienne Crete

Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders

103 Listeners

The Trading Coach Podcast by Akil Stokes

The Trading Coach Podcast

216 Listeners

Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More) by Cam Hawkins

Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More)

223 Listeners

The Market Huddle by Patrick Ceresna & Kevin Muir

The Market Huddle

361 Listeners

The Day Trading Show by Austin Silver

The Day Trading Show

57 Listeners

Hard Fork by The New York Times

Hard Fork

5,510 Listeners

Huberman Lab by Scicomm Media

Huberman Lab

29,220 Listeners

The Macro Trading Floor by Alfonso Peccatiello & Brent Donnelly

The Macro Trading Floor

216 Listeners

The Economics Show by Financial Times

The Economics Show

147 Listeners

The David Lin Report by The David Lin Report

The David Lin Report

47 Listeners

Monetary Matters with Jack Farley by Jack Farley

Monetary Matters with Jack Farley

159 Listeners

Words of Rizdom - Trading Podcast by Riz Iqbal

Words of Rizdom - Trading Podcast

29 Listeners