The 66 Trade Challenge - 140 Podcast Por  arte de portada

The 66 Trade Challenge - 140

The 66 Trade Challenge - 140

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Do you have a problem with trading discipline, or not sticking to your trading plan, or not getting consistent results from your trading, or even getting stuck like a deer in the headlights when a trade goes bad. Let's go ahead and solve that right now. On the other side of the intro. All right, so what does brushing teeth have to do with trading successfully? Everything. But you didn't know that. Right? And it's the key to improving your trading, which I'm going to show you right here, right now. This is why we don't stick to our trading plan. Wait, you do have a trading plan, right? Because you don't want to be trading options without a proven trading plan. One that actually works and is proven to be profitable, not just something you saw on some random Youtube video with something that is actually tested with real money over several years in up markets down market sizes and markets everything and you know, hey, look, this works. Other people are doing it. Other people are using it, you need to do the same thing. If you don't have such a trading plan, contact us. And we can help you. Okay, go to our website, or email us or contact us here, leave a comment, do something we'll get to you, we'll get help, right, because we have these plans, we've been doing this. So if you don't have a plan, get a plan. Today, I want to talk about why we don't stick to our plans, why we don't stick to the rules. And there are many reasons. It could be lack of discipline, could be going with your gut, it could be your technical analysis telling you that the trade is going to turn around. I don't know, maybe a little birdie told you that is all going to be okay. Right? And on and on and on. There's so many different reasons why, you know, we're supposed to do something in a trade and then we do the opposite, or we don't do anything at all right? It doesn't matter the reason that's irrelevant. What matters is that this is the reason for what I call roller coaster syndrome. This is where you do well for several trades, you're going up the roller coaster of profit doing good, then all of a sudden you fall. And you give it all back and maybe even more, then you do it again. Then again, and hopefully you don't have two drops, right in a row, which could knock you out completely. And you're like, oh, man, this trading stuff doesn't work? Well, it's because you're not doing it right. So if you've been trading for a while and you're not consistent, you know exactly what I'm talking about. Now, if you're newer to trading, and you don't know what the roller coaster syndrome is, that's great. You're lucky and hopefully you never do as long as you follow what I'm about to tell you in this video. Okay, let's get back to brushing your teeth. How do you brush your teeth? How do you take a shower? How do you put your clothes on? I don't want it in my head. I'm not asking you for specifics. Okay. What I want you to do is realize that you do those activities the exact same way. Every single time. Every single day. Like clockwork, think about it. How do you brush your teeth? How do you take how do you how do you take off the toothpaste cap? How do you put it on thing what handy you use? Where do you go you go left to right right to bag you do the top top you do top first bottom first tongue first. What do you do? It's always done the exact same way. You're putting your pants on the the one leg always goes in first, whichever one you choose, but that one goes in first every single time. Why? Because you're used to doing it. Because it is a habit. Yeah. So look, our brains have tens of thousands of thoughts every single day. Right scientists have studied this and they get come up with the number, whatever, it doesn't matter what the number is. But what matters is that the majority of these thoughts, almost like 89% of them are the same every single day. And that's why we don't have brain overload. Right? That's why we can do things in a normal way over and over again, without having to think about it. Because subconsciously, the brain is working. And it's doing it is thinking, the brain is thinking, well, we don't realize, and those things happen. We make them happen with our body. So, you know, gonna get in the car, what do you do, sit in car, put coffee down, put seatbelt on, right on this way. Press, press on the brake, hit the little button that turns on the car, you do it every single time. So our brain handles all of that for you. You could probably put your car on blindfolded, because it has just become a habit, you've done it so many times. So what you need to do to improve your trading is to make your trading rules, a habit. Following the rules becomes a habit, no more thinking about it. Make it subconscious. I don't know what the subconscious is, maybe back here up here, I don't know. It's somewhere in your brain, make it go there make your rules go there. And less thinking, more trading by the rules. So to do that, right, to have ...
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