The Trading Coach Podcast

Losing money in trading can feel both shockingly easy and frustratingly difficult. The discussion focuses on the crucial importance of risk management, specifically maximum allowable drawdown. Listeners hear personal stories of setbacks and the strategies that can prevent them. Additionally, the emotional impact of trading losses is explored through a candid account of one speaker's crisis, leading to reflections that reshape their approach to money management.

Advice of proper progressions when it comes to using multiple timeframes & a look at the pros and cons of using trading competitions to build capital. Learn to trade at www.TierOneTrading.com Your Trading Coach - Akil

As we officially start Q2 of our trading year, let's look back at the uncertainty & disruption that occurred during Q1. Akil also discovers a new index that aligns with something he's always thought about the financial markets & it's participants. Get your FREE Trading Computer Builders/Buyers Guide Herehttps://www.tradingcomputerbuyersguide.com/optin-629312741738938873920Your Trading Coach - Akil

Discover how to effectively compare trading results and find the best strategies. The discussion highlights the balance between profitability and psychological resilience in trading. Delve into metrics like return on investment and drawdown levels, and learn how mental strength influences decision-making. Plus, explore the importance of taking well-thought-out paths in trading to avoid common mistakes. This insight could reshape your trading journey!

One thing I wish I had as a new trader was someone to provide me with quality trading advice. In this episode of The Trading Coach Podcast, I'll share with you the 5 most important takeaways from 150 traders lending their quality trading advice. Please remember to leave the show a Rating & Review before you leave.Your Trading Coach - Akil

Explore the essential skills needed for mastering trading fundamentals without breaking the bank on courses. Dive into how high-impact news shapes trading strategies and the necessity of awareness in shorter timeframes. Learn to maintain a news journal to spot patterns over time. Discover the importance of tracking events that influence currency pairs and how market reactions evolve, especially concerning inflation and monetary policy. Enhance your trading skills with these actionable insights!

Struggling traders often fall into the trap of revenge trading, which exacerbates drawdowns instead of solving them. The discussion reveals strategies for managing emotional responses and enhancing trading psychology. Listeners gain insights on maintaining control during market fluctuations and avoiding impulsive decisions. Strengthening one’s mindset is essential for navigating the challenges of trading.

Monetary policy is the biggest driver of the financial markets & this past week we had announcements from the Bank of Japan, FOMC & the Bank of England to name a few. Let's take a look at what has changed without anything actually changing. Learn To Trade at www.TierOneTrading.comYour Trading Coach - Akil

Exploring the journey of trading, the host emphasizes the importance of finding a personal trading style. They share insights from their experience, highlighting the need for patience and adaptability. The discussion connects the challenges of skill development in trading to those faced in youth sports. Additionally, there's a focus on balancing personal interests and strengths to identify trading opportunities, encouraging a flexible approach as traders grow. This episode is filled with motivation for both new and struggling traders.

Discover the world of trading charting platforms and how the right choice can impact your success. Explore the surprising costs of elite platforms and whether they're worth the investment. Learn key features to consider, likening the process to test-driving cars. Hear a personal journey about evolving views on technology's value, showing how perceptions can shift. Finally, compare platforms like eSignal and Bloomberg Terminal, ensuring you choose one that meets your trading needs and enhances your setup.