NexusFi: Find Your Edge


Home Menu

 





Webinar "Trading discipline and psychology for beginners"


Discussion in Psychology and Money Management

Updated
      Top Posters
    1. looks_one Big Mike with 8 posts (12 thanks)
    2. looks_two adorati with 6 posts (1 thanks)
    3. looks_3 Arch with 4 posts (1 thanks)
    4. looks_4 LukeGeniol with 2 posts (4 thanks)
      Best Posters
    1. looks_one LukeGeniol with 2 thanks per post
    2. looks_two mattz with 2 thanks per post
    3. looks_3 Big Mike with 1.5 thanks per post
    4. looks_4 Arch with 0.3 thanks per post
    1. trending_up 7,582 views
    2. thumb_up 22 thanks given
    3. group 5 followers
    1. forum 23 posts
    2. attach_file 0 attachments




 
Search this Thread

Webinar "Trading discipline and psychology for beginners"

  #11 (permalink)
 
mattz's Avatar
 mattz   is a Vendor
 
Posts: 2,493 since Sep 2010
Thanks Given: 2,440
Thanks Received: 3,789


Big Mike View Post
Oops, not quiet right... this one was hosted by Optimus directly, not nexusfi.com (formerly BMT).

Please ask @ mattz for the recording link. Yes, I agree, it was a good webinar, good job to Matt at Optimus Futures.

Mike

Mike, I will PM you the link.
I don't know how long dim-dim will keep the link live on their URL.
Post it where you see fit.

M

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Deepmoney LLM
Elite Quantitative GenAI/LLM
Better Renko Gaps
The Elite Circle
NexusFi Journal Challenge - April 2024
Feedback and Announcements
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
Exit Strategy
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
59 thanks
Funded Trader platforms
37 thanks
NexusFi site changelog and issues/problem reporting
23 thanks
GFIs1 1 DAX trade per day journal
22 thanks
The Program
19 thanks
  #12 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,399 since Jun 2009
Thanks Given: 33,174
Thanks Received: 101,539

Here is the link to the webinar:

https://www.salesforce.com

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #13 (permalink)
adorati
Italy
 
Posts: 11 since Oct 2010
Thanks Given: 37
Thanks Received: 8



Big Mike View Post
Here is the link to the webinar:

https://www.salesforce.com

Mike

Great Mike :-) and thanks to Mattz for this webinar!

Antonio

Reply With Quote
  #14 (permalink)
 MetalTrade 
 
Posts: 1,055 since May 2010

Thanks for the webinar,

It might be good for the beginner, but I heard nothing new.

Reply With Quote
  #15 (permalink)
 
mattz's Avatar
 mattz   is a Vendor
 
Posts: 2,493 since Sep 2010
Thanks Given: 2,440
Thanks Received: 3,789


MetalTrade View Post
Thanks for the webinar,

It might be good for the beginner, but I heard nothing new.

No hard feeling and I am sorry you did not find any value in it. It was meant for beginners and those who have small accounts. I have learned that even professional traders make amateur mistakes as you can look at anyone from hedge funds to individual traders. Most beginners "replenish" and almost ready to lose their first capital to learn.
Just tried to save a few bucks out there for those folks. Wishing you the best of luck in your trading journey.

Trading futures and options involves substantial risk of loss and is not suitable for all investors. Past performance is not necessarily indicative of future results. You may lose more than your initial investment. All posts are opinions and do not claim to be facts. Please conduct your own due diligence. Use only Risk capital when trading Futures.
1 800 771 6748 local 561 367 8686 email [email protected]
Reply With Quote
Thanked by:
  #16 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,399 since Jun 2009
Thanks Given: 33,174
Thanks Received: 101,539

Personally, I think the webinar has a lot of value even for a more experienced trader. It serves as a reminder. Most beginners are going to have a really hard time believing in what was said at the webinar, they need to be reminded of it constantly or they will drift off course. Too many experienced traders relate complexity with profitability.

I've often been asked and reminded of my early days trading futures --- would I listen to what "so called experts" were telling me? The answer is no. I felt like I knew better. All the simple stuff like "cut losers short, let winners run" just seemed like an oxymoron to me, I couldn't grasp it fully. I distinctly remember reading a thread about Price Action and being put off because there was no clear definitive rule, there was no "above/below zero line" or "blue dot/red dot" stuff.

Years later, I live by simplicity and by price action. Someone once said that you learned all you need to know to be a profitable trader your first month of trading. I think its an oversimplification but bears a lot of truth. Most traders lose because of psychological reasons, yet most traders spend no time at all working to improve them. It's all "method, method, method" with no regard for anything else. They just might as well do a google search each day for "holy grail".

Anyway, good job Matt.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #17 (permalink)
 Arch 
W.Coast, USA.
 
Experience: Intermediate
Platform: Anything
Trading: Emini
Posts: 347 since Jul 2017
Thanks Given: 106
Thanks Received: 381

Mike,

Is it possible to download the webinar? It's not playing for me.

Reply With Quote
  #18 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,399 since Jun 2009
Thanks Given: 33,174
Thanks Received: 101,539


Arch View Post
Mike,

Is it possible to download the webinar? It's not playing for me.

This was probably the only webinar in history that wasn't hosted by us, and the presenter's link no longer works. Sorry.

Sent using the NexusFi mobile app

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #19 (permalink)
 Arch 
W.Coast, USA.
 
Experience: Intermediate
Platform: Anything
Trading: Emini
Posts: 347 since Jul 2017
Thanks Given: 106
Thanks Received: 381


Big Mike View Post
This was probably the only webinar in history that wasn't hosted by us, and the presenter's link no longer works. Sorry.

Sent using the nexusfi.com mobile app

That's ok. I noticed other old videos aren't playing either. Like this one https://nexusfi.com/webinars/mar19_2011/afternoon_with_big_mike/

It says "unable to load stream or clip file"

Reply With Quote
  #20 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,399 since Jun 2009
Thanks Given: 33,174
Thanks Received: 101,539



Arch View Post
That's ok. I noticed other old videos aren't playing either. Like this one https://nexusfi.com/webinars/mar19_2011/afternoon_with_big_mike/

It says "unable to load stream or clip file"

Please use a browser that has Flash enabled, we haven't migrated the oldest webinars to HTML5 yet unfortunately.

Sent using the nexusfi.com mobile app

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote




Last Updated on July 2, 2018


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts