This is probably the best trading psychology and statistics presentation I've ever seen. A true eye opener.
Out of all the (respectable) people out there that have taught or teach trading, David Paul is my favorite. Tom Hougaard is a volatility nut, and that’s how he likes things, no doubt. Yet, David Paul’s style; conservative, risk-aware, simple, is the one that truly stands in my heart as the best. I wholeheartedly love this man’s teachings and wisdom, and every time I feel that I have strayed from it and found myself in need of an efficient and effective path of thought, I come back to his teachings. May you rest in peace, David. Truly, thank you.
The focus on consistency and emotional control is what separates the successful from the rest. It's not about winning big every time; it's about winning consistently over time. I’ve been applying similar principles to my Nasdaq scalping and seeing huge improvements. This kind of insight is what every trader needs to hear. 🙌
Fantastic video... David is a gem of a speaker... thanks for posting this invaluable video....
Read what the market is telling you and stop predicting or assuming and definitely stop trading with a set number in your mind as well as expectations. Only expect what the chart is showing you. Facts not fiction. It's like assuming what's true without hearing the facts. Inconceivable
I love how he didn’t tell anyone how to trade in a specific way like some candlestick strategy or some bs. He taught us how to think!
The biggest problem people have is Holding losing trades longer And winning trades shorter
Thank you so very much Sir for this amazing and very helpful video.
This is something I feel like I need to watch many times and take notes. Excellent presentation.
Great Class , Thanks for the advice
I picked up so many gems in so little time. Absolutely commendable!
RIP Best Trader from Europe🌹Sir made me the trader I am right now. Rest In Peace David Paul
The more mechanical your plan is, the better, and leave no room for deviations from your plan. No truer words can be said about staying the course in this line of business. And also aligning your plan to time.
rip paul you were so great
Amazing video with a lot of wisdom and also funny had me laughing as well 😊. I always come back to it as a reminder.
This guy is a good lecturer! Time price trading is the edge with money management
I needed this 👏👏👏 I’m still on a demo account, doing well but never thought about the 2%. I would have 100% gone big after a few good wins
Great, just stumbled upon this vid and its awesome.
I like the fibonacci reference of 8 to 13 trades away from the trader you want to be.
@traydar5