Why Most Traders Fail (And You Don't Want To Make The Same Mistakes)

Why Most Traders Fail (And You Don't Want To Make The Same Mistakes)

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in this video what we're going to be  talking about is why do most traders fail   what are their common traits and what solutions  can we use to make sure that doesn't happen to us   let's get started all right good morning good  evening good afternoon how's everyone doing okay   okay so where is everyone from where is everyone  from where are you guys all logging in from   bangkok new zealand maldives dubai croatia iran  india malaysia switzerland oh switzerland i'm   also in switzerland so those of you guys who are  in switzerland and you guys want to catch up would   be happy to shall i show you guys around here  okay it's beautiful it's gorgeous switzerland i've   never been it's my first time and it's just  next level this place so let me let me show   you around in this place okay you guys can see  my background okay the world the outer space   is gone yeah okay let me show you here take a  look okay here we go i'll take you outside here all right here we go look at this place is that nuts or what like i've seen it  in calendars and stuff but i've never   seen it in real life and it's actually how  it looks on calendars like it's it's nuts   you know i've traveled the world but this is this  is a whole next level i've never seen stuff like   this okay canada was very similar to this as  well so you know for those of you guys again   those of you guys who are in switzerland  yeah you know reach out if you guys are   you know you can follow me on instagram and if  you see me in your town or in your area you know   definitely reach out and love to catch up i'll be  going from one hotel to the next top of mountains   below mountains all kinds of places  so just traveling through switzerland   and if you guys are in town definitely  reach out to us and we'll catch up   okay okay okay so let's get let's get started  let's get started okay now so those of you guys   who how many of you guys were here in the podcast  that we did just before this webinar okay how   many guys were here in in the entire podcast  cool cool so you guys watched it live you guys   watched it live fantastic fantastic so now what  we're gonna do what we're gonna do here is okay   what i've done is i've turned off the  chat and make sure your chat only comes   to me and not to everybody else so we can  focus and just you know talk to each other   basically if you want to put it that way your  messages will only be seen by me and my team   and nobody else so because i'm gonna talk and  ask you guys certain questions that i want you   to be honest and answer okay because would you  guys agree many people fail in this industry   let me ask you the next difficult question  now would you agree that if not taken care of   you can also fail in this industry right okay  this is this is the reason why i wanted to   turn off the chat and make it only private so  that way i want you to answer these questions   with this notion of self-reflection okay because  by answering these questions as you've heard when   i when i in the podcast when i asked armand lucas  and ian you saw how transparent they were talking   about their journey right many people have a tough  time being transparent and what happens is that   guilt or weight just holds inside of them  that stops them from being good traders   by letting it all out and and saying i'm not  doing so well then the hope comes back of i   need help and then the search continues of where  am i going to get help who's going to help me   what do i need to learn all that opens up with no  baggage no emotional baggage would you guys agree   so i want you to find you know whether  it's urban forex or anybody else i want   you to find somewhere where you  can come find trust in and saying   all right listen guys i want to be straight  up with you guys i need help with this what   should i do where should i begin how do i lift off  from here okay and that will truly give you your   initial first breakthrough is how do i make sure  i'm on the right track and and since this is my   dirty laundry that i'm hanging up in public  by telling you guys all my problems you know   because we don't like to talk about problems you  know as human beings we we tend to hide what our   problems are when it comes to the public right we  don't like to talk about it would you guys agree   many of us go to an extent where we don't even  tell our family members our problems because it's   embarrassing or we look weak or we look like  we we haven't done what we're supposed to do   as as children where parents are very strict  then we feel feel we have failed them or   we're not good enough you guys agree the  problem with trading is all of that language   it will hold you back it will hold you back you  need to start by trusting yourself and saying   and that's okay if i fail how else am i gonna  learn you need to train yourself to get into   that language that's okay if i failed that's why  i'm i'm learning i don't care if it's been a year   i'm failing i'm learning i'm moving forward you  cannot you know hold yourself down and keep saying   yeah i'm doing good i'm doing good if people  ask you how's your trading going oh yeah i'm   good i'm good you got to be honest you got to be  honest you gotta be honest so you can move forward   okay so you can move forward you guys agree okay  because the sooner you do that the sooner you   begin your journey otherwise you won't be able  to cross that first step okay you won't be able   to cause your first step so by letting go of  i know and going into a notion of i don't know   you open up the possibility of learning okay  learning only comes from the idea of i don't know   that's how learning comes okay so now that we've  we're at that stage we let that out of our chest   all of you guys have typed it in or you guys have  thought it in your mind or you verbally said it   while sitting behind your computer here and as  we go through this discussion in this webinar   let's take it a step further so why is it that  most traders fail what are the common traits   and now that we've removed the psychological  baggage how do we move forward into charts and   and find out what is it that's holding me back  from becoming the best of the best of the best   okay all right okay so what we're going to talk  about now is once you remove that emotional   baggage which is going to be hard maybe just by  typing it out right now it won't do it sometimes   you just have to ease into it as people ask you  you slowly slowly start to admit it once you   admit it you move forward and soon you'll start  to realize the people you were trying to hide   it from don't really matter anyways like except  maybe family members or something like that but   the people you're trying to impress generally  by saying no you're doing well they generally   are not someone you're trying you would impress  anyways because they're you probably see them as   a different type of people like they don't  have hopes they don't have big dreams as you do   so the fact that you're hiding it from them you  feel they're gonna judge you and you're trying to   protect yourself from that it is a natural state  of of mind to do that you guys believe that right   it is only natural for for you to protect yourself  and be like i don't want to feel bad okay so let's   not feel bad and let's work on it let's fix it  okay so that's the psychological part and that's   i want you guys to take that journey on your own  and be like all right what is my approach gonna be   to make sure i can fix this issue okay i see  many of you guys are typing about this and   you know really explaining that this is a  a issue with you guys and stuff like that   and it was an issue for me for a very very long  time okay you know being indian having strict   parents at the same time there's a lot of this  sense of proving that who i am which is not a   bad thing it lights a fire in you at least to  make sure you can do what you're supposed to do   but there's many people who  don't understand what you do   that makes it very confusing and what do most  people do to things that they don't understand   what do people generally do to things they  don't understand if you are sitting right now in a nice park okay and suddenly a cockroach shows  up right next to you two things are gonna happen   if you don't know it's just a cockroach it's  no big deal you will either run away from it   or you will try to attack it you will  try to attack it these are the two things   okay these are the two things that's gonna happen  you won't say interesting i wonder what this   cockroach is doing here no one does that no no one  does that most people generally run away or they   attack it so when you bring up this topic for too  many people that don't understand your journey   whether it's trading or whatever it may be  that's what you're going to experience right   right so we're on the same page of that once we  bring understanding of why it's happening maybe   they're just well wishers they don't want you to  do bad but many times they're not well wishers   they just are judging that's all it is most  of the time that's the case right okay so now   so now let's take it a bit further let's  put yourself in three months into trading three months into trading you're doing some stuff   okay i'm gonna put i'm gonna just put a squiggly  line of this is what you've been learning   okay this is what you've been learning  your results are positive and negative   then you switched over to do something else your  results started off very positive and then it   became very negative okay but because it was very  positive at one point you decided to stick to it   because you liked the way it made you feel has  nothing to do does it work does it not work etc   etc you just simply like the way it made you feel  so you stick around with that a little bit longer   because it made you the most money this is  common with supply and demand traders would   you guys agree how many guys here know supply  and demand okay this is very common with them   because very quickly when prices reach a level of  demand or something else prices reject from it and   immediately you start seeing profits and you  start getting addicted to that feeling of oh this   is awesome this is awesome okay some of you guys  probably don't know what supply and demand is but   the whole point is it's let's say it's something  it's something it's some technique that makes you   good money big amounts of money but then later  it also takes away a big amount of money from you   but because but because you feel you felt  so excited you stick with it a bit longer   finally after losing more money than making  money you move on to the next thing the next   thing you simply have little little losses  all the time little little losses all the   time and you're like i don't like that  either and now you're at the stage of i'm not sure what to do okay you're at  the stage of i'm not sure what to do   am i even going to become a traitor while somebody shows up and says hey man how's  trading and your response only has to be out of   embarrassment i'm getting there i'm getting it  takes time i'm doing good takes time i'm doing   good right how many guys here agree with that okay  so this is a normal process i don't okay because   i want this to be private i wish i can turn on the  chat again and show you how many people agree with   this to show you you're not alone in this everyone  is going through this everybody everybody okay so   i want you to trust me when i say that everyone's  going through this it's not just you it's not just   you okay so once we go further into this let's  take it further six months have gone down the line   you have now reached one system that you like   that seems to make sense to you and you have mixed  results positive negative positive negative now same situation the psychological pressure  hey man how's trading going and now because   more time has passed you cannot say it's  going good it takes time you are saying   yes it's good because so much time has passed  it's only right to say yes it's going good   right it's too embarrassing to say no  i'm still learning and so it must be good   okay and this pressure causes  you to never get out of this loop it causes you to never get out of this loop  starting today we need to change that okay   we need to change that right can we make that  little shift today mind shift right now and   saying all right enough of this nonsense a lot  of it a lot of this headache is coming from this   process not the trading itself okay we need to  drop this nonsense if that he she they asked next   time just be like i'm working on it it takes time  it takes time you know i'm working on it that's it   that's it no baggage no nothing and you  really need to let go of what they think   okay because it really doesn't matter  okay so let's take it further now into real life scenarios okay real life scenarios now so now let's do this so you go to youtube okay  let's take let's put you in the real position   you're in okay you go to youtube on youtube you  see this brown guy named navin prithyani that's   me you see this brown guy talking about stuff and  you're like you know what that makes sense he goes   straight into why trading is done rather than you  know what you should do when you see the support   resistance this is what you need to do always sell  always buy no no no no this guy seems to challenge   the thought process that you're going through and  he asks you the question why why do you do that   do you understand it and that gives you this  understanding of hey i know what i need to do   i need to understand this i have to understand  this so you go further down the rabbit hole okay   you go further down the rabbit hole searching for  that why and you're learning every step of the way   in the learning process this continues positive  negative positive negative positive negative to   a point where it's like positive negative negative  positive negative negative you start feeling like   what am i missing what am i doing wrong my money  management is wrong every time i'm positive   i risk more money and then i become negative  negative and then it just just feel horrible you go further down the line you're like all right  but in this whole process what has happened is you   haven't changed okay you haven't changed system  you haven't hopped you know as ian was saying   you know the hashtag hopper okay maybe we should  use this hashtag you know the forex hopper so once   you drop the hashtag hopping okay then you sit  there and you build you build upon what you know and how you can get better okay because it's  more fun that way it's more fun that way you   you have something to look forward to you're not  just messing around looking for some golden key   that's just gonna make you rich overnight  that's so boring anyways you know i don't   want people to come up to me and be like  hey here's 10 million dollars cash i'm like   i don't know what to do with this like what i  buy four prada shoes instead of one like what   i don't even i don't even like product shoes it  just feels weird i don't know what to do with it   let me earn it let me earn the the joy in earning  something is next level it is next level okay all right so going further now this happens you  get positive positive negative positive positive   negative negative okay your performance  is starting to stabilize a bit okay   let's take it three more months down the  line you now are doing the same thing but   now is negative negative positive  negative negative negative negative   positive but now you learn one thing and  you're like wait a minute the market condition   has shifted a little bit it's no longer  trending the market's in a range now   so that's why i'm unable to catch the right  moves because it's not in that same condition you learn something here you learn something here  because now you're looking at this as a whole   and you're like why is my performance worse  than last time when you look at it as a whole   you're like got it okay you learn something you  build upon it you build upon it every step like   this makes you better and better and better but  you know what's the one thing that has changed   if the system is exactly the same the only one  thing that has changed is realization okay is your   realization you are more in tune with yourself in  noticing hmm i notice i get more losses when after   a winning trade i increase my lot size i shouldn't  have done that i don't know why i did that i   shouldn't have done that that self-talk helps  you i realize i make losing trades when i take   the same trade that i believe in but i take it 10  times i should do it once if it doesn't work it   doesn't work i should just leave it alone okay  more realization more realization while you're   doing this you're also discovering who you are as  a person are you aggressive are you conservative   do you need to trade a different way do you like  ranges or do you like trends you start realizing   so much stuff about yourself that you didn't know  were ever there you might be the most conservative   person in real life but you might be the most  aggressive trader when it comes to the charts   you might be the opposite you might be very  aggressive in nature in your personal life   but when it comes to the markets you're very  conservative okay you're very conservative   and you notice like that's weird i figured i'd be  more aggressive but i'm actually very conservative   you'll realize things you've never noticed  before okay and that itself is growth that   itself is growth in this whole journey this is  called building a trader okay this is called   building a trader now i want to ask all of  you guys one question in building a trader   can this be taught in a system or a  strategy this is the system or strategy   how you approach the system or strategy cannot  be taught it needs to be first-hand experience   very good i see joseph writing that it needs to  be first-hand experience you have to go through   the process jump the hoops fall down get up  try again you're gonna have to go through that   but every time you fall you can either look  for the answer or you can ask for the answer   that is your support group that's gonna help  you with okay well how do i deal with this okay   only then you can move forward little by little  little by little little by little little by little   so far so good are you guys all with me okay  so the most important piece in all of this   is to look back look back and see what did i  do right what did i do wrong but now let's ask   a more basic question navin i look  back but how do i know when i look back   if even a winning trade is actually  wrong what if a losing trade was right   what if a winning trade i did was actually  wrong how do i know when i'm looking back   if i'm looking back correctly or not you  see sometimes you're so new in the industry   that you don't even know that you're spending  the time to to do post analysis but you're like   when i'm doing my post analysis but how  do i know if i did it right or wrong   how do i know is because i'm not following a set  of rules so how do i know what i did was right   or wrong is it just profit and loss no so there  needs to be some level of understanding okay so   ready i'm going to give you guys a a  plan on how to do your post analysis   okay and i'm going to teach you guys on how  to measure yourself because that is the only   way you're going to become a profitable trader  that is the only way you cannot switch systems   you cannot you know find the next guru and the  next guru says 200 000 you're like if i just pay   him i'll become successful even that's not gonna  work i can promise you that's not gonna work   you'll just be down to a hundred thousand you know  so the answer lies in how to do post analysis okay   techniques is something that you like  that a professional can teach you   but once you get the technique how do you  build upon it okay so let's talk about that   let's talk about that how do you measure yourself  okay first way to measure yourself is a little   bit of education and i'm going to give you that  education so you guys know what to actually look   for okay so it's ignore it's a different webinar  than the traditional webinars that we do it's more   i'm trying to talk to you personally kind of  thing i hope it's okay it's not one of those   all right let's look at charts and let's do this  let's do that i i hope that's all right i really   wanted to talk about something that people like  to ignore but you can't ignore it like you're   going to end up at this stage one way or the other  like you can't bypass this process it's just never   going to happen if you want to become a trader so  you're going to have to go through this okay so   pulse analysis let's talk about it how do you do  pulse analysis okay so first we need to identify   are you a trader or investor i think  that's where everything goes out of control   okay i'm just gonna abbreviate it so there's  no i'm not wasting time writing it okay so are   you a trader or investor so now we all  like to say oh we're a trader because   that's what we joined for you know and many of you  guys are in the iconic trader program so therefore   i must be a trader right right because my course  says trader so therefore i must be a trader   but what is a trader and what is an investor okay  so these are the key differences so what does an   investor do so what an investor does is  let's say there is a small restaurant okay   let's say there's a small restaurant  i'm gonna give it a nice little   smoke okay there we go cool little restaurant  okay and there's a nice little restaurant and   you as an investor are saying all right i think  this restaurant is going to make a lot of money   but right now the restaurant's not doing so  good but i know it has a lot of potential   so the restaurant costs right  now cents so you will buy it   at a low price and later when the restaurant is  booming you are very profitable so far so good   so is the investor involved in  accuracy of price he simply says   i like the deal it seems fairly discounted i'll  buy it now let me translate that onto a chart restaurant industry going up this restaurant not doing so well  and the prices for this restaurant   is below average what the price is  the guy does not care he buys it   prices can go down further and then later  when it goes up he's like yay making money   good job good deal that's what an investor does  he's not price sensitive as much as a trader   so far so good a trader if he knows restaurant  industry is good i'd like to buy it give me a   pullback and if he buys it here and he puts a stop  loss here even though it went up he died in the   process he lost money now do you understand the  key differences between an investor and a trader   a trader is simply price okay where he gets in  where he gets out not price but time sensitive   time to price okay let's put it that way so far  so good so you need to identify who you are a   trader or an investor okay so once this process  is identified like no no i'm a trader i know i   must buy but when i buy i make a loss then i buy  i make a loss then when i buy i make break even   and then i buy i make a little bit of profit and  then you see your account statement you're like   negative negative negative negative break even  positive when i when you hear all those negative   break even and positive is it  overall positive or negative   so negative negative negative break even positive  a little bit so it's overall negative right   when a person looks at his account statement  he will always say i am in a losing system   i look at that as the per the  person is not well defined yet   because he kept trying to buy it because he  knew it was a buy his results are not so good   he's on the right track he needs timing  he needs tuning does that make sense   he's a developing trader he knows what to  do he just doesn't know how to time it well so far so good so even though the results are  negative it does not mean he's on a failing system   does that make sense okay so once  you look at this you want to see   in this moment of pullback to resolution  resolution means it finally happened   the way you were thinking you need to judge  yourself net profit on that move itself   if that was your goal to do up you need to judge  yourself on what did i do in the valley when   prices come down for a discount before they  launch what did you do how did you do it and   you need to look at that as one trade and judge  yourself if am i net positive or net negative   that's how you do post analysis and saying  how did i understand this rollover and launch   okay that's how you do pulse analysis it's not  about all because my support resistance line was   wrong all because my supply and demand line  was wrong all because fibonacci said 50 and   i got in at 48 you know like the stars were not  aligned no no no no you wanted buys buys worked   you tried four times or five times but you  were net negative you have the right concept   you you haven't tuned it right so then when you  do that you're able to look back in your post   analysis and be like why the hell was i so  early how could i have known not to be early   how can i wait longer what are the telltale  signs to know i need to wait longer   i spend 30 hours trying to figure  this out i don't get it shall i email   info@urbanforex.com and ask the guys like hey man  i'm really struggling with this i don't get it   i tried everything i tried to use this lesson  that lesson from this course and that course   what the hell is it where where am i going  wrong then what you're doing is progress   it is not oh man my PL is negative this doesn't  work let me let me hop hashtag hop hopper   you see the key difference you see  why it takes time to become a trader   the knowledge is there but this is where the  timing takes this is where the time comes in   you got to get that experience in to do it  just right okay so shall we draw it again   i'm going to change the direction to a downtrend  to give you that example in a different way   okay now let's say you're you're dealing with  a downtrend okay and you as a trader you know   based on your knowledge and education that you've  got either at urban forex or wherever you know   restaurant industry is going down okay  restaurant industry is going down and   what you want to do is you want to short that  industry to make some money okay by shorting   the restaurant industry you're basically saying i  think restaurants are going to get worse so you're   shorting it you make money if the chart goes  down okay let's just make it simple as that okay   so as prices are coming up because you want a  good deal as prices are coming up you see an snr   and you're like okay this looks good i'm gonna  sell stop loss this looks good i'm gonna sell   stop loss this looks good i'm gonna sell  whoa nice close i am slightly net positive   okay so now i want to ask  you guys one question now   did your idea work not p l not p l did your idea  work yes now you compare not this p l and to that   p l to that p l you compare this whole motion and  saying how did i do net in all three collective okay that's how you judge this trade because  that's what you were going for you were going for   give me a discount and then get out of here that's  one one setup yeah you took three executions   or ten executions that's your thing that's  different but that is one setup how did you do   okay and then you look back and be like last  time i did it like this it worked well i was net   positive this time i didn't do it so well it took  me five trades and i was slightly net positive   let me see if i can reduce that number and  saying oh i hit it twice i'm very net positive   or i hit it three times i'm break even so how  am i better than the investor who's making   0.2 r did i even make 0.2 r as a trader who is  more price sensitive okay so that's how you judge   yourself that's how you compare yourself to did it  work did it not work now let me ask you this thing let's say price does this goes up you sell prices do this stop loss you sell  prices do this stop loss you sell presses do that   your trade work or did your setup work this  is read your read is wrong the analysis   itself is wrong it has nothing  to do with your trade management   if your read was wrong you wouldn't have attempted  to sell so many times because you don't know if   it's gonna sell but you're trying it then you  know what to focus on you're focusing on is why   did i not have the direction right what did i  miss okay so does it matter if this one here   put a stop loss here and like ah my stop-loss  was too tight otherwise i could have made money   no the setup is wrong does that make sense so all  of those negatives the negatives doesn't matter   the read was wrong that's what you take away from  it and saying okay i gotta fix that i gotta fix   that i don't gotta fix my entries i don't gotta  fix my stop losses it's not a stop-loss issue   it's not oh but i was in profit a little bit  i did see some signs of exiting but i didn't   exit on time and then it came against me and i  lost money that is a common language traders use   but they don't realize but the trade never went  regardless how is that a win if you made money   and the trade still didn't go in your direction  in your net positive it's still not a win   it's still wrong that's how you can judge a  winning trade being wrong or a losing trade   still right does that make sense aha moments today  now you guys see what what needs to be worked on   how you can actually buckle down and be like all  right i got this i got this i can do this right   post analysis is everything if you spend your  time on youtube nobody talks post analysis   everyone spends time on the next opportunity  the next opportunity the next opportunity   and half the people are like i'm in this trade i'm  losing money so what can you tell me about this   trade no no no that's not the way to do it okay so  let me do another example okay before we end this   let me do it this way i'm gonna switch it to black  ready okay prices are going sideways you have no   idea if it's going to go up or down you're  not getting a clear read you're thinking maybe   it's going to go down maybe it's going to  go down ready prices do this and you sell it and when you sell it you exit you're net positive  is that a win no that's not a win when you start   with this it's wrong you need to know what you're  trying to do you need to have a plan ahead of time   like remember that restaurant i showed you  guys earlier where the guy went to buy it   do you think that restaurant guy says hmm  this restaurant is so cheap i'll just buy it   or do you think he says sorry can i see your books  please let me see the accounting let me see your   profit loss let me see how many staff you have did  you have any problems are there mouse in the damn   restaurant are their rats anywhere or do you think  he just says oh it's so cheap i'll just buy it maybe we'll kill you you have to be careful  you must know by looking at it and saying   i know that's going to do well let us prepare  let us prepare the negotiation because we're   traders we enter the negotiation an investor he  doesn't care it's a good deal he just buys it   as traders we want the absolute perfection of  the negotiation does that make sense we want   the turn of the negotiation to be just right and  that's how we make the money and that's how we   make the most amount of money from it so far  so good shall we go back to the trend examples   i just wanted to bring this up really  quickly just to be like if you have a maybe   don't count it as you know what you're doing  count it as all right i got lucky in that one   but i need to be careful not to do it next time i  shouldn't do that because i cannot build upon that   i cannot build my future on that if i cannot build  my future on that how will i increase my lot size   so that's not gonna work i need something i  can trust and saying the risk is worth it okay   so now prices are going up okay which is trend  okay i'm not gonna say restaurant anymore the   trend is going up you're looking at let's say euro  usd okay euro usda trends going up prices start to   come down you have a level here support resistance  level here you got a supply and demand level here   and you have fibonaccis 50 here okay in that  area and you have the markets are coming down   full speed on the discount you also have  momentum coming in you know you want to buy   okay your whole objective is yes i want to  buy there's no doubt in my mind i want to buy   because i saw everything that i needed to see  but as it's pulling back you're watching and   you're like it's coming in too hot but  he's at the area i'm just gonna buy it stop loss okay is that  fibonacci 50 i'm gonna buy it loss okay i'm gonna buy it  okay it's working it's working it's working it's very slow i'm just gonna hold on stop loss and this one did the trade work this one gets a  yes it's not a no i know he didn't make a higher   high but this one is a yes because there was  a buy attempt there a full-blown buy attempt   that actually went up but even though  you are net negative on this you were in   the right trade fomo entry fomo entry  lucky entry and no idea of how to exit   even though the trade is negative you did good you  entered because of fomo not because of analysis   you entered three times because of fomo not  because of analysis and when you were right you   didn't know what to do with it you were reacting  to it only preparation you did was this part   everything else was luck this is the only thing  you worked for that yes it should go back up does   that make sense so as traders your only job is  this portion to this portion is to master this   to measure this when you get that good deal take  the money off of it and then you judge yourself   okay i did two trades i did five trades i  did ten trades whatever that number may be   how did i do how did i do total then you'll start  realizing okay i'm doing well i'm net positive   but my goodness look at my  commissions i'm paying to my broker   ah now you're thinking like a trader your your  post analysis is telling you you did well actually   but because you did so many  trades it's costing you money   you're learning something different no one trained  you for that but you learned it automatically   right it's not in any course you just learned  that that's how you go pro that's how you learn   make sense all right we talked about a lot of  stuff here talked about a lot of stuff i want   to check one thing with you guys here  how many of you guys here are actually   mastering price action students how many guys  here are actually students of urban forex   let me just put up a poll just want to see okay  give me a second once we get 70 people voted   i'll show it to you guys right now we've got 50  60 voting 61 percent have voted 60 64. 65 66 67  

68 almost 69 70. okay here we go so 81 of you guys  in this room of 660 plus people here are actually   students of the mastering price section at urban  forex and 19 of you guys are not so those of you   guys who are not we're trying something new with  urban forex where you can try our material for   free you can try our material for free there's a  free trial that we have and if you want to pick   up that free trial where if you like the way i  teach if you understand it it makes sense to you   then the whole notion is well how do we begin the  journey where do i go from here what shall i do   okay so if you want to start the journey with us  the first journey is eight weeks long i i walk you   through week after week on what to do and along  with that you get daily examples you get 24-hour   support by you know all the teams that you saw on  here so they're going to be assisting you as well   along with that you also get a private webinar  with me where we've come into a webinar like this   and we talk nitty-gritty more private more closed  doors and just us discussing techniques so there's   a private webinar just for students as well so  if you guys want to get the free trial it is   available at https://www.urbanforex.com/freetrial  let me just put type it in for you   okay there you go free trial okay armand i  think there you go sorry about that armand   got that link up there okay so you you'll  be able to try it because as traders we   we personally believe in risk management and i  want to give you that risk management by saying   let me take the risk and saying it's risk-free not  only do you have a free trial but even when you   join the program it comes with a 30-day money-back  guarantee so it's technically risk-free to you   for you to be like all right i want to  see if i want to go down this journey   and do i have what it takes to do this okay and  you don't want to put put up money for that to   try and to understand if this is for you or not  right so well that's a free trial available for   you guys so i hope you guys learned a lot from  this webinar how many of you guys would say   you know you you've enjoyed this webinar did  you did you have a good time in this webinar   did you pick up something you know this is a  a something that we do here at urban forex is   if you're going to spend time to come to  my webinars i don't want to disrespect your   time i want to make sure you learn something  before you go any webinar and every webinar   okay so would you guys say going forward  everything we talked about earlier you guys   will work on that you guys promised me that that  the early part of the webinar where we talked   about the psychology that's the first step we got  to get that out of the way for those of you guys   who have been in the industry a little bit longer  more than three months get that out of the way   get that psychological pressure out of the way and  then we take it further and further into all right   well how do you do it what techniques can you do  how should you focus on the techniques so you can   learn and make it a shortcut and learn faster  and learn faster so your journey is shortened   it doesn't have to be super super long of trial  and error trial and error trial and error you know   so once again really appreciate you guys coming  into here as always thank you again for being here   it's always been a pleasure until  next time guys cheers bye for now

2021-08-12 18:19

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