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PATS Trading Psychology Or Mack's Soapbox


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PATS Trading Psychology Or Mack's Soapbox

  #81 (permalink)
 
Scalpingtrader's Avatar
 Scalpingtrader 
Hanover, Germany
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Soap box right from the start until minute 25. Going over
- data quality & tools
- how to draw trendlines (today's data only!)
- signal bars & sitting out if they are not great
- key entry points and patience - this is where he really gets going

Life hack: I listen to Mack's videos at 2x speed. Still understanding everything perfectly but only takes half as long, so I can go over the key points a couple times

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  #82 (permalink)
PeanutButter108
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Dedicated just for his soapbox aha

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  #83 (permalink)
 
Scalpingtrader's Avatar
 Scalpingtrader 
Hanover, Germany
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from minute 14. Topic is Patience

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  #84 (permalink)
 Trailer Guy 
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Live trade in the first four minutes. Then back to trying to save new traders from themselves.

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  #85 (permalink)
 Trailer Guy 
Aguanga, CA USA
 
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Today was another barn burner all about learning to walk before you run. As in DON'T BE A DONATOR


It is interesting over the last couple of months that he has a lot of new subscribers and a lot of them make the same mistakes. You hear the frustration in his voice as he wants to be positive and not discourage people but at the same time some folks don't get it. As in asking him why a second entry short failed in a major up trend.

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  #86 (permalink)
 
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 Mtype 
Hungary
 
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Sometimes the best move is no move.

Starts at 27:30 lasts till the end.

Lets keep this thread alive! Mack's words are gold. After 9 years I keep going back to his wisdom. I'll do an audio collection of all his "soap box" talks so if you know any that isn't here in thread, please share it with us. Again, his work is just gold.


“Happiness is the meaning and the purpose of life, the whole aim and end of human existence.” Δ

“There is no path, but only a fool wouldn’t follow it.”
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  #87 (permalink)
 
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 scarabofra 
Brisbane, QLD Australia
 
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Mack on discipline and patience (from around 24:40):


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  #88 (permalink)
 
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 scarabofra 
Brisbane, QLD Australia
 
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Mack on trading congestion as a sure way to lose money (starts at around 7:00):


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  #89 (permalink)
 
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 scarabofra 
Brisbane, QLD Australia
 
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Mack, "only go with what you see... follow the price action, don't argue with it" (starts around 4:15):


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  #90 (permalink)
 
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 JMAL 
Houston Texas
 
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My thoughts on Mack and his methods. If you are lucky enough to find Mack when becoming a trader and you study what he says, I believe he has given you a solid foundation to build the rest of your trading career on.

Follow your Plan
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Last Updated on November 9, 2023


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