The Trading Coach Podcast

The start of a new trading year can be a dangerous time due to the "new year" adrenaline that traders have when it comes to fresh starts & fresh goals as well as the fact that many professional traders are returning to the markets and establishing their new positions. If you're in too much of a rush to get started you run the high risk of blowing everything on day 1. Support the show by leaving me a rating & review! Your Trading Coach - Akil

For years I've preached the value of having and following a trading routine but in this episode of The Trading Coach Podcast, I want to warn you about the dark downside of following one & how to avoid it. Learn to Trade at www.TierOneTrading.com Your Trading Coach - Akil

Trading often feels chaotic, but there's a way to find clarity. The discussion highlights the jump from theory to real-world trading, stressing the importance of practical application. Personal experiences reveal how overcoming self-doubt can be crucial for beginners. A structured approach is showcased as essential for managing trading chaos, with tools like the IPDE process introduced. Listeners are encouraged to organize strategies and join a 90-day challenge, emphasizing efficiency and skill refinement.

A big part of managing your trading is managing yourself. In trading, avoiding dangerous situations is essential to keeping your hard-earned profits. Learn To Trade at www.TierOneTrading.com Your Trading Coach - Akil

Is it smarter to trade with your own money or that of a prop firm? The discussion dives into the psychological impacts of funding, revealing how ego can lead traders astray. It compares this temptation to weight loss, where success can spark reckless choices. The episode critiques risky trading behaviors fueled by performance leaderboards and reinforces the value of maintaining discipline for long-term success. A fascinating exploration of how funding sources shape trading strategies and mentalities.

Join Jason Graystone, a trading expert, as he discusses strategies for overcoming fear and anxiety in trading. He shares personal experiences with setbacks and emphasizes rebuilding confidence through small wins. The conversation also highlights turning losses into learning opportunities, advocating for a positive mindset. Jason suggests starting with demo trading to manage emotions while encouraging traders to reflect on their values. The importance of embracing past experiences to enhance growth and reevaluating strategies for better outcomes is also explored.

Trading isn't just about numbers; it's a rollercoaster of emotions. This discussion dives into four essential steps for managing these feelings and keeping your profits intact. A cautionary tale reveals how emotional missteps can derail even the best traders. The podcast explores the stress and excitement tied to financial decisions and how these impact our mental state. Personal accountability and journaling emerge as powerful tools to navigate through emotional turmoil and ultimately enhance trading performance.

Dive into the intriguing world of curve fitting and why it poses a significant threat to traders. Discover how misrepresenting data can mislead even the best strategies. Learn about the importance of reviewing and refining your approach, especially during holiday lulls. The podcast also tackles the real-world challenges traders face, emphasizing the need for a balanced perspective and acceptance of market imperfections for long-term success.

The dangers of a conditioned way of thinking & how what we assume to be risky about trading & other aspects of life, might not be as true as we think. Please remember to share this podcast on your socials and spread the word! Your Trading Coach - Akil

Explore what defines an edge in trading as the complexities of return on investment (ROI) are unveiled. Learn about the importance of backtesting and how subjective profit assessments can influence your trading strategy. The conversation shifts to the value of time, encouraging listeners to evaluate opportunity costs and recognize that small, strategic efforts in trading can lead to significant wealth accumulation over time. It's a blend of finance insight and life balance that may reshape your trading approach.