Signs of a Profitable Trader — Full Breakdown & Transcript

[00:00] if you experience these signs while you're trading or even when you're not trading you're literally so close and you don't even know it right you're almost about to be profitable or you're going to

[00:12] start winning that trading and i want to share these signs to you because i experience these signs and i know a lot of possible traders experience these signs too okay so we're going to talk about the three major signs and also we're going to i'm going to give you some

[00:24] bonus signs too okay so the first sign is accepting the market for what it is the market is not perfect it's ugly is a machine that you can't control you're going to experience a lot of uncertainty

[00:39] because you're dealing with a machine that is just flowing and you can't stop it and the only thing you can basically do is follow the rules and manage risk so you have to just accept that part

[00:53] I know a lot of people can't accept it part because you know the uncertainty some people want to you know have that certainty they they are so used to you know going to work and receiving

[01:06] that paycheck every single week and I guess you could call that security but the market is not going to give you that some weeks you're going to be profitable some weeks it might be slow but

[01:18] But accepting that is usually the first major sign you are going to turn that corner. Because a lot of traders, believe it or not, in the beginning, they can't accept this. And right now, guys, I'm at a point in my life where I'm accepting everything.

[01:34] I'm accepting everything because I understand life is not pretty. The yin-yang sign is real. You're going to have the good and the ugly. And you can't really separate them. That's how life is.

[01:46] You know, so you're going to have a lot of bad things coming at you. You're going to have a lot of good things coming at you. And you just have to accept it. Accept life for the way it is. You know, like I said, I'm at the point where I'm, guys, I'm accepting everything.

[02:00] You know, for example, like, I'm a father. So I have two daughters, right? Four and seven. So I know for a fact, you know, fathers in general, they don't get the credit that they deserve. And I'm at a point where I accept that, you know?

[02:14] because I know for a fact that I'm a good father, right? Even, like, when I'm out with my daughters and, you know, people see me like, oh, man, you're a good father, you know, because they see me, how I interact with them. I take them anywhere. I don't care.

[02:27] It could be the bank. It could be, you know, grocery store, the mall. It doesn't matter, you know, and I'm always having fun with them. They bring that inner child out of me because, you know, honestly, inside, I'm a big kid, you know?

[02:39] I don't really show that around adults because everybody's too serious nowadays, but I'm a little kid you know I love playing with them and you know if let's say that you know we in the grocery store and I'm pushing them in the shopper cart I'm acting like I'm in a race car

[02:54] right and you know I'm always with them actually not long ago I bought uh water balloons he was playing with water balloons outside I have them three times a week so even the days I don't

[03:07] have them I go over there sometimes and spend time with them or take them to the park so again will I get credit for that? I don't know, you know, but I'm at a point where I'm accepting everything, you know, maybe when they grow up, they might be more attached to their mother and

[03:23] have to accept that, right? I mean, they might be more attached to me. I don't know. I'm just, you know, just saying this off the top of my head. I don't know. But I guess what I'm trying to say is I'm at a point in life where I'm accepting everything, guys. And accepting everything,

[03:38] part of that is just letting go. You just have to let go. You have to accept life for what it is. You're going to have the bad. You're going to have the ugly, okay? And it goes back to trading, guys. You have to accept the market for what it is.

[03:51] It's not going to look pretty every single day. Do not expect every single day is going to be that winning day, all right? Every single week is going to be that winning week Don expect that guys right I at the point where even my win my win rate you have some traders claim they got a 70 win rate or 80 win rate I know I not that type

[04:12] of trader. My win rate is going to be around maybe 50, 60%. If you look at a couple of weeks ago, the video I dropped, I had a 44% win rate and I was still profitable for the week. I made like

[04:25] eight or nine grand for that week with a 44% win rate. So I accept that I'm not going to be a high win rate trader. Okay. Just what it is. And I accept that. Again, going back to, I'm accepting everything guys. And you, if you experienced this time, I'm telling you right now, you're going to

[04:42] be definitely on your way to be a profitable trader because it is sometimes hard in the beginning to accept that. But once you mature as a trader and you start to accept them and you know, This is how the market is.

[04:54] I can't control a lot of stuff. I can only basically control me managing my risk, following my rules. Things are going to be much better. So you have to accept that you are not in control.

[05:06] Or you have to accept the uncertainty in the market, right? And just control the things that you can't control. Just what it is. So that's the first prime. And the second prime is, and this is a big one. A lot of people don't talk about this that much.

[05:19] Trade in the same way during the drawdown. Now, imagine losing one day, two days, three days in a row. Are you going to continue to trade the same strategy no matter what, not changing anything?

[05:33] Imagine having a slightly losing week or a losing week period. Are you going to continue to trade the same way next week? And this is one of the signs that I see a lot of profitable traders, they do this all the time.

[05:47] I remember when I was, you know, studying the stock market, I was in this live trading room, right? And this guy, bro, like he was, he's a good trader, right? And it was a month where he was just, he wasn't doing good at all, right?

[06:01] It was like every single week, it was something, you know? And at the end of the month, he was down, you know? It wasn't that much, but he was still down. It wasn't like he wasn't finding his groove. And he kept saying, you know, it is what it is, right?

[06:15] This is part of the market. This is part of trading. Some months, the market's not going to agree with you, right? It's not going to agree with your strategy. And if I was a new trader, I would start looking in.

[06:28] I would say, you know, man, he can't trade. Or I would say something negative. Or I would probably think about something negative. But at that time, I wasn't thinking negative. I was so impressed by him showing up every single day.

[06:44] and basically trading the same way every single day, even though he's not making no profits. He's showing up every single day trading the same way, guys. So that right there was like a light bulb for me.

[06:58] And it helped me out a lot because I'm like, man, if that was me, I would change the strategy or I would try to tweak something or something. And him just staying in there and understanding that, you know, his strategy works.

[07:13] he's not going to mess with anything he's just going to show up every single day and trade the same way no matter if he is in a drawdown or not man if you're definitely experienced this time right now maybe by next week you're going to be profitable because this is literally one of the

[07:29] signs i see a lot of profitable traders they they have they they understand you know drawdown they understand there are going to be tough times while you're trading throughout the year i mean just

[07:42] think about it, guys. We have 12 months out of the year. You really think that every single month, you know, is going to be this great month? No. At least one to two months out of the year, it's going to be hard for you, right? You're probably not going to see any

[07:56] profit. And that's being realistic. So you have to expect like 12 months out of the year, at least one or two or sometimes three but at least one or two of those months you going to be struggling Maybe the market acting wild Maybe the market slow Whatever the case is something is going to throw off everything

[08:16] And the question to you is, can you continue to trade the same way even though you are in the drawdown? I'm telling you right now, guys, this is one of the most powerful signs that you can actually experience, you know, while you're trying to be a powerful trader.

[08:30] Because it's so easy to switch strategies. and I'm telling you right now, switching strategies is a losing game. I'd rather you just make sure that if you are in the drawdown, I'd rather you just make sure that you're not doing something wrong

[08:43] or tweak something a little bit here and there, but don't just start a new strategy. It's a losing game, guys. Now, let's talk about the last one, the last major design, and that is realizing there isn't a perfect strategy.

[08:58] This is a big one because I'm telling you right now, even though I'm saying it out loud, you still want to trust me. You still want to search for that perfect strategy. And as you know, like we are human, so we hate to lose.

[09:10] So we think that we can do better. In general, if we lose, you know, 50% of the time, mentally that seems like that's whack. Like that seems like that's not doing good.

[09:22] But you can literally still make money when you're only 50% of the time. Even 40% of the time, you can still make money. And another reason why you're going to probably look for a perfect strategy is because a lot of these so-called traders out here, right? They talk in absolutes. They talk like their strategy

[09:38] is the only way. A lot of them talk down on other strategies or if you trade this way, you're never going to make it. And the problem is some of these traders are profitable traders. So people will believe them and they would think, oh, if I trade that way, it's not going to work.

[09:53] The thing that I realized when it comes to profitable traders, a lot of them have a lot of big egos, and they are very close-minded. Some traders, you know, since trading is so hard, some traders, when they find a strategy that works for them,

[10:09] automatically they have this deep love for that strategy. So they will swear up and down that this is the only way to trade because they probably tried a whole bunch of different strategies, and this is the only strategy that actually works for them.

[10:21] So they would say, hey, this is the strategy, man. Forget about anything else. This is the one. And that is not true, guys. You have to understand that there's no holy grail. Most strategies work.

[10:33] But you just have to be very organized, have facts to back it up, and you just have to have a strategy that fits you. And once you realize, you know, there isn't a perfect strategy, and you just stick to that one strategy, game over.

[10:48] Game over, guys. If this is one of the signs you are experiencing right now, it could be around the corner. You might be a profitable trader. Because I'm telling you right now, even though some people aren't going to hear this right now,

[11:00] they're still going to search for that perfect strategy. So it's going to come, you know, a lot of times it might not be, you know, especially if you're new, it might take you a minute just to get this out of your system. You're going to have to change a whole bunch of different strategies.

[11:14] And you're going to start to realize, man, most of these strategies are the same. I just got to stick to one system, tweak it the way I like to trade, and that's it. And once you get to that point, once you have this sign, guys, once you just experience this sign and you say, forget it, this is a system that I like, I'm going to trade it no matter what, you're definitely on the way to be a profitable trader.

[11:35] You're definitely on the way to, you know, just win that trade. It's so close. Now, those are three major signs, right? Now, let's talk about the, you know, extra bonus signs that I want to talk about. Now, when you stop caring about win rate, that's definitely another sign where, you know, you're basically maturing as a trader.

[11:54] Win rate is so overrated. You can win 40% of the time, 50% of the time, 60% of the time in an EOG guys. Win rate is more an ego thing. Oh, look at me. I won. Yeah, I won a winning streak.

[12:07] 14 day winning streak It an ego boost But as long as you chipping away every single day at the end of the month guys you can you know be profitable So once you get to that point where you don care too much about winning anymore

[12:20] you just want to trade, yes, that's definitely one of the signs. Now, next time, we'll be assessing over your stats. And when I say stats, I'm talking about, you know, journaling, taking screenshots, looking over your trades, seeing why you're winning, seeing why you're losing,

[12:33] punching the numbers, understanding the numbers, understanding I will have losing weeks I will have you know X amount of losers and just trading strategy no matter what right once you understand your stats in

[12:46] general you're gonna be a much confident trader your confidence is going to be much higher which is what it is so obsessing over your stats obsessing over your winners and losers take a screenshot understanding the market at a high level understanding your trade and your strategy at a high level that's

[13:01] definitely one of the signs you will see you getting closer to success now next one this is a very big one once you stop obsessing over daily income man i'm telling you right now guys this is definitely one of the signs because i used to obsess over daily income a lot a lot

[13:19] and it's not important at all it's not okay um weekly and monthly income is where it's at and i'm gonna tell you this monthly income is where it's at because i can have two slow weeks and

[13:31] the last two weeks at the end of the month could be you know the weeks where I'm bringing in all the profits so daily income is overrated don't even think about it don't don't say oh I gotta make $200 a day it's overrated guys so stop obsessing over daily income once you get to

[13:49] that point and you just only focus on the process process process process man you're so close so The last sign is understanding trading is about blocks of trades, not one trade.

[14:02] So you're thinking in probabilities, you know, you're not thinking about one trade. One trade is just, honestly, it doesn't even matter. You're going to take maybe, let's say, 20 trades per week.

[14:14] So why do you care about one trade, right? So you have 19 trades left and you're obsessing about one trade. Come on. So just thinking blocks of trade, right?

[14:26] So to me, every 10 trades, every 15 to 20 trades, that's where you should basically, you know, look at your stats or look at your performance and go from there.

[14:38] But not one trade. One trade shouldn't make or break you as a trader. Stop obsessing. I understand, you know, sometimes having a losing day is annoying sometimes.

[14:50] I get it. But I'm here to tell you, don't obsess over it, guys. it's just one bad day or one bad trade once you get to that point i'm telling you right now you're gonna start to realize you know because the way i look at it or the way i do it is even if i have a

[15:06] bad week guys i'm always saying to myself man i got three weeks left let's get it let's go or let's say you know monday's a bad day i say i say to myself i got four days left out of the week let's

[15:20] So that's how you have to think. You can't have that short-term mindset. You know, always think ahead of time. You know, always think, you know, I got four days left or I got three weeks left out of the month. That would definitely help you out.

[15:32] Okay? So these are the signs, guys. If you experience these signs, you're on the way. And I know you guys can do it, man. You know, I know you guys can do it. Just grind it out, guys. Just grind. You know, I talked about this earlier. Life is not pretty.

[15:44] I wish it was. But it's not. It's just a grind, guys. You know, a whole bunch of bad stuff is going to be coming at you. then a whole bunch of good stuff is going to come at you so i mean you have to take the good in the other and that's just right you can't do anything about it only thing you do is accept it and then

[16:00] deal with it so that's all i have for you guys and if you enjoy this you know what to do hope you guys have a great day i'll talk to you guys later and i hope you guys are experiencing signs if not now hopefully soon all right so we out talk to you guys later