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7 Reasons Smart People FAIL w/ Active Trading & Investing EP 195

136 ratings | 2969 views
In today's episode of let's talk stocks, we're going to take a look at the 7 reasons smart people fail at trading.  We'll talk about topics, such as, starting at the bottom, the learning trap, playing it safe, the importance of experience, ego, and more. If you believe you are a smart person, but you're still struggling with trading and investing, then this video is for you.  Posted at: https://tradersfly.com/2018/08/7-reasons-people-fail-ep-195/ ★ REGISTER FOR A FREE LIVE CLASS ★ http://bit.ly/marketevents ★ GETTING STARTED RESOURCE FOR TRADERS ★ http://bit.ly/startstocksnow * Please note: some of the items listed below could and may be affiliate links ** * Trading Software / Tools * Scottrade: http://bit.ly/getscott SureTrader http://bit.ly/getsuretrader TC2000: http://bit.ly/gettc2000 TradeKing: http://bit.ly/gettradeking TradeStation: http://bit.ly/getstation ★ SHARE THIS VIDEO ★ https://youtu.be/9QmkTVPiXnM ★ SUBSCRIBE TO MY YOUTUBE: ★ http://bit.ly/addtradersfly ★ ABOUT TRADERSFLY ★ TradersFly is a place where I enjoy sharing my knowledge and experience about the stock market, trading, and investing. Stock trading can be a brutal industry especially if you are new. Watch my free educational training videos to avoid making large mistakes and to just continue to get better. Stock trading and investing is a long journey - it doesn't happen overnight. If you are interested to share some insight or contribute to the community we'd love to have you subscribe and join us! FREE 15 DAY TRIAL TO THE CRITICAL CHARTS - http://bit.ly/charts15 GET THE NEWSLETTER - http://bit.ly/stocknewsletter STOCK TRADING COURSES: - http://tradersfly.com/courses/ STOCK TRADING BOOKS: - http://tradersfly.com/books/ WEBSITES: - http://rise2learn.com - http://criticalcharts.com - http://tradersfly.com - http://backstageincome.com - http://sashaevdakov.com SOCIAL MEDIA: - http://twitter.com/criticalcharts/ - http://facebook.com/criticalcharts/ MY YOUTUBE CHANNELS: - TradersFly: http://bit.ly/tradersfly - BackstageIncome: http://bit.ly/backstageincome
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Text Comments (21)
Daan van Meurs (15 days ago)
Hi Sasha! Interesting video! I've been actively paper trading for the past three years and I definitely recognize some of these mistakes! I think most of them are very human things to do though, and not so much just smart people being smart. Every now and then I watch a video of you here and there, love the calm vibe you give and the interesting topics you discuss. This september I will use a part of our savings to start actively trading, since I feel I have gained enough knowledge and experience to start with the real deal. I'm very excited and maybe even a bit scared, but definitely looking forward to it! Thanks for the videos and keep up the good work! - Daan
Sasha Evdakov (10 days ago)
That's wonderful to hear! Typically when you're a little bit afraid that is a good sign because it also means you're getting pushed beyond your comfort zone which creates growth. as always thank you so much for watching and for the nice comment. I'm pulling for you and your successes.
Teik Yew Lee (15 days ago)
Sasha, those characteristics you mentioned about is not entirely of smart people, it is more of people with "fixed" mindset. Those just started on trading should read a book with title: Mindset by Carol S. Dweck. Lifelong learning and growth.
Sasha Evdakov (10 days ago)
Yes you could say that as well.
Firas (16 days ago)
so helpful thanks!
Sasha Evdakov (10 days ago)
Wonderful to hear! Thank you so much for watching
Philip Ward (18 days ago)
One I would add: overwhelming yourself by sampling too many things in the beginning. That was my weak spot. I was trading a whole slew of stocks with tons of different strategies and setups and I just went from one small loss to the next. I settled down and decided that I was going to focus on a small basket of like a half dozen ETF's. I learned those ETF's in and out, I got comfortable with trend trading them, then I got comfortable with swing trading them, and along the way I even got a little experience day trading and shorting them. Over time I slowly added more setups to my arsenal. I had much more success this way. I kind of overwhelmed myself at first. I think focusing on ETF's also helped in that it eliminated having to worry about those dreaded huge gap downs. It was when I stopped trying to hit home runs and started focusing on just getting a couple runners on base consistently that I started to make some profits.
raybrooks313 (18 days ago)
Thanks sasha for the knowledge. You were really on point when you mentioned a combination of SCIENCE and ART.
ettkanal (18 days ago)
Is anyone watching this profitable trading?
Dumb Ass (18 days ago)
Great video I'm suffering from a few of these it's like you know me personally.
Prashant Rachchh (18 days ago)
Hey Sasha Great video...👍 Thank you for sharing knowledge... Can you further elaborate or make a specific video on the first point that is start at the bottom...
Shane Potter (18 days ago)
What did I learn today? Engineers are baby trees! Thanks for the lesson senpai
Lucky Strike (18 days ago)
Hey ; Sasha really love your videos I got potential to learned , simple basic strategy thanks for sharing this video hopely have more soon on , regards Lyn from hongkong
lance pheng (18 days ago)
always think of yourself as a student! recommended books- Ego is the enemy What I learned loosing a million dollars Think and Grow Rich Trading in The Zone Physco-cybernetics
Leon Chan (18 days ago)
The stock market exposes the person’s true intelligence. The ‘smart’ people might not be so smart after all after losing their $ to the market.
I love u so much
Sasha Evdakov (17 days ago)
Love all of you as well
Tony Hill (18 days ago)
Thank You Sasha. You are very helpful.

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