Mind Over Markets

In today’s episode, I’ll be talking about the victim mindset and how it silently but very quickly and effectively decimates trading accounts. I will walk you through 6 signs you may be in a victim mindset, plus ONE, and ONLY ONE simple thing you NEED to DO NOW to get out of this mindset and turn your entire life around.   This is all about escaping the shackles of victimhood and stepping into a powerful and abundant version of YOU. To become a better trader and human being. This episode is game changing. We dive into the following topics: Avoiding responsibility  Not seeking possible solutions A sense of powerlessness Negative self-talk and self-sabotage Lack of self-confidence Frustration, anger, and resentment Also we discuss some BIG ways that victimization creeps into your trading and how you can spot this crippling behavior so you can eliminate it FAST. Plus I share the simple solution with you to shift out of the victim mindset in your trading, and how to turn the corner and become a success machine. This is a must listen episode to boost your trading psychology and success mindset. Enjoy the episode, and thank you for listening and your support. Resources Enjoying this podcast? We’d appreciate it if you can drop us a rating and review on iTunes here Connect with our community online: Trade Pro Academy Catch up with our earlier episodes: Mind Over Markets Podcast Join our FREE trading room here Follow me on Instagram here and on Twitter here

We made it to episode 100! Today we have two episodes into one, where Victorio and myself take turns asking each other 10 trading questions, and 10 funny questions designed to embarrass one another and share a good laugh. I want to thank you for listening, and for helping make the podcast a success.  Without YOU, there would be no Mind over Markets, or anything else. So from the bottom of my heart, a big THANK YOU! In the first half, Victorio and I discuss: Trading through the COVID crises and how we adjusted What we think the future of trading will be Victorios trading strategy, including entry and exits How new traders should start their journey, but few do If everyone can be a trader - the answer will surprise you In the second half, things get fun and the roast commences. Victorio and I ask each other funny questions designed to reveal a side of us you would never know from our trading content.   We talk about fun things like: Why Victorio IS actually a robot How his bike wheels were stolen, and he ran into the thief minutes later Why Vic keeps cutting and growing his beard so often Why George has horrible style and owns 7 pairs of the same slippers Victorio’s WORST pickup line at a bar - that actually worked And MUCH MUCH more, funny and revealing things It was an incredibly fun podcast to record, for our 100th podcast milestone. Thank you for supporting us on this journey, and helping make our show a success.  We love you all and look forward to continuing to provide the best trading content in the universe for the next 900 episodes!   Onwards and upwards TRADEPROs. Resources Enjoying this podcast? We’d appreciate it if you can drop us a rating and review on iTunes here Connect with our community online: Trade Pro Academy Catch up with our earlier episodes: Mind Over Markets Podcast Join our FREE trading room here Follow me on Instagram here and on Twitter here

Anthony Drager discusses his personal trading strategy and how he executes on order flow in the futures market. He draws on some fascinating experience from the trading floor and his transition to electronic trading at a prop firm.  In this episode we get personal and ask him questions about HIS trading. This episode touched on some amazing golden nuggets you won’t want to miss: Ready, aim fire - three step trading approach Anthony uses We hone in on his personal trade entry and exit strategies Nothing is gonna go up that’s expensive Nothing is gonna go down that’s cheap What to do instead of starting the day with a bias How to make more money in trading without catching bigger moves How to fund your account with the amount of money that’s right for you How long professional traders have to start performing or be fired - the answer WILL shock you You didn’t start trading when you thought you did - this will get you thinking deeply, guaranteed Biggest winning and losing days revealed We love having Anthony on the show, and thank him for opening up about his personal trading and sharing so much value with our listeners. If you want to get a hold of Anthony: Edge Trading Group website Edge Trading Group Twitter page   Edge Trading Group YouTube channel  Thank you for listening. Resources Checkout Edge Trading Group video about Iceberg orders here. Enjoying this podcast? We’d appreciate it if you can drop us a rating and review on iTunes here Connect with our community online: Trade Pro Academy Catch up with our earlier episodes: Mind Over Markets Podcast Join our FREE trading room here Follow me on Instagram here and on Twitter here

In this fascinating episode we talk about how buying and selling actually moves the markets.  This isn’t an indicator or strategy, this is the VERY REASON that MARKETS MOVE! We do a deep dive on market and limit orders, and how big position traders move through the book.  When you understand what you are watching for, it gives you high probability trades with little risk when you see it happen.  This is the true power of order flow. Find out more about: How to find desperate buyers and sellers Reading level 2 like a professional order flow trader What truly moves markets, and exactly how it is done How institutional traders work huge positions Finding high probability, low risk trade setups on a daily basis Why retail traders always buy the extremes and get stopped out How to find good trend entries, and good trend reversals using order flow PLUS an example of a trader working a big order for a client This episode is a must listen for every trader, because when you understand how large positions are executed, you will understand what truly moves the market.   Imagine being able to know with certainty when institutions are either dumping or accumulating massive positions? What power do you think this WILL have for your trading?   Enjoy this episode, it is by far one of my favorite and most impactful I have recorded. Resources Enjoying this podcast? We’d appreciate it if you can drop us a rating and review on iTunes here Connect with our community online: Trade Pro Academy Catch up with our earlier episodes: Mind Over Markets Podcast Join our FREE trading room here Follow me on Instagram here and on Twitter here

In this episode I talk about something really personal and deep. I had a gambling problem, which became a trading problem really quickly and early on in my career. This is an area very few talk about, because it requires deep reflection, and the ability to view yourself as someone who can improve!   This can be tough for someone who truly believes “they can come back, if they just have one more shot”.  Gamblers often value the chance  to play more than money itself. We discuss these topics and much more: Shocking science of gambling - it’s not about the money at all How gamblers disguise their problem with constant search for technical details How gambling could be ruining more than your trading, and impacting your entire life How to come to the realization that you have gambling tendencies 7 different ways I worked to resolve my gambling problem Resources Read more on the science of gambling and dopamine here Enjoying this podcast? We’d appreciate it if you can drop us a rating and review on iTunes here Connect with our community online: Trade Pro Academy Catch up with our earlier episodes: Mind Over Markets Podcast Join our FREE trading room here Follow me on Instagram here and on Twitter here

In this episode, former floor and prop trader Anthony Drager comes back for another interview. This time we talk about the foundations of order flow, and unpack some “seemingly simple” concepts into full detail, and explain why most people are doing order flow wrong. Also, Anthony Drager shares his awesome 4 golden rules of trading - and you definitely want to catch those and start applying them immediately. This will easily become a top episode and a favorite - be sure to have a listen. In this episode, we cover these topics and more in depth: You’re not supposed to make money in the micros Liquidity and HFT programs how they work Hidden liquidity and iceberg orders  Once you’re short you have to buy to get out How to spot turning moments when stops are gonna be run 4 golden rules of day trading Why the market always goes to the orders It’s okay to be wrong, but not wrong for long PLUS a lot more golden nuggets you DO NOT want to MISS Resources Checkout Edge Trading Group Here. Enjoying this podcast? We’d appreciate it if you can drop us a rating and review on iTunes here Connect with our community online: Trade Pro Academy Catch up with our earlier episodes: Mind Over Markets Podcast Join our FREE trading room here Follow me on Instagram here and on Twitter here.

In this episode we talk about a common mistake all new traders make.   The mistake is starting a new career in the wrong position.  It’s a costly mistake that ruins would be traders before they even start. There is a way to fix this, and I share the full details on something that will have a HUGE impact and could turn around your trading. We cover these topics and more in depth: You have to be a good analyst before you become a trader Trading is not an entry level position, it’s a promotion How to switch from working FOR money to working WITH money What makes a successful analyst? When can you promote yourself to a trader? Can you make more money as just an analyst? PLUS - a roadmap to restart your trading career the RIGHT way RIGHT NOW Resources Enjoying this podcast? We’d appreciate it if you can drop us a rating and review on iTunes here Connect with our community online: Trade Pro Academy Catch up with our earlier episodes: Mind Over Markets Podcast Join our FREE trading room here Follow me on Instagram here and on Twitter here.

The biggest problem with goals is that they are a prediction of the future.  Sure it’s amazing to know what you want, but sometimes planning too much on how exactly you will achieve them leaves blind spots to the reality of how you’re gonna get there. There’s an old saying, “make a plan so you know what’s not gonna happen”.  You can’t predict the future 5 mins out - how the heck do you expect to predict something complicated as a goal, the steps you need to take, the exact timing, foreseeing an infinite possibility of challenges, health, lifestyle, needs… etc.  You can’t.  It’s impossible. The good news is that you don’t have to even try.  There is an easier way. In this episode I will share with you some life changing shifts: How to finally let go of your anxiety about achieving goals, or not having them at all How to start thinking like you have already achieved your goals Creating strong visualizations that will achieve what you want faster than having goals How to become instantly successful now, without goals Living a more fulfilling life than a billionaire Plus so much more, to help you become a success machine I hope you enjoy this episode, and I look forward to hearing how you plan to apply this material to get what you want faster. What were some of your goals before listening?  What are you trying to achieve now? Resources Enjoying this podcast? We’d appreciate it if you can drop us a rating and review on iTunes here Connect with our community online: Trade Pro Academy Catch up with our earlier episodes: Mind Over Markets Podcast Join our FREE trading room here Follow me on Instagram here and on Twitter here.

Total profit is the worst performance metric you can use, because it ignores what you actually did to generate it.  In this episode I share my favorite 6 performance metrics, and the story they tell about your trading.  Using these metrics, you can uncover areas of improvement before these small issues become big problems, and start generating massive losses. Oftentimes, before that big losing day, you will have a lot of clues as to what you can adjust to avoid these blow out sessions. PLUS, at the end, I do a full review of one of my recent trading days - and I share with you what I did great, and where I could have improved. This is a must listen episode, jam-packed with value. Resources Enjoying this podcast? We’d appreciate it if you can drop us a rating and review on iTunes here Connect with our community online: Trade Pro Academy Catch up with our earlier episodes: Mind Over Markets Podcast Join our FREE trading room here Follow me on Instagram here and on Twitter here.

At the start of our trading journey, it is a very common problem that newer traders use too much leverage. Why? They are excited, they are new, they don’t know what they don’t know, and they just want to make a lot of money. They want the kind of returns people with 5, 10, 15 years of experience are making - and they want it TODAY! So they trade big, and inevitably run into a bad trade…. Often just one single one… and lose a large part of their trading account. They are shocked! They are stunned - they become fearful, and become paralyzed by risk. Then immediately cut down their trading size to the lowest amount possible. But the returns are now SO SMALL - that it will take them 50 years to earn back their one trade loss. This really crushes your confidence. So today I want to discuss a few scenarios that could indicate you’re trading too small: You are moving your stops to increase risk when a trade goes against you You are moving your take profit orders when price gets close to them You get into a trade expecting to lose, to get your stop hit Your winners are small, but your losses are huge You are trading money you cannot afford to learn with You turn a day trade into a warren Buffet investment These are the 6 signs we go deeper into, and explain how each one may be impacting your trading and what you can learn from it. I hope you enjoy the show. Resources Enjoying this podcast? We’d appreciate it if you can drop us a rating and review on iTunes here Connect with our community online: Trade Pro Academy Catch up with our earlier episodes: Mind Over Markets Podcast Join our FREE trading room here Follow me on Instagram here and on Twitter here.