So I think, and I think with trading, we do need to seek out those things. if it doesn't feel right, there's something there. And even if there's not, it doesn't feel right. What does that do to your emotions? What happens to your emotions? They go up or down. If something is niggling at you, your emotions go up. And if your emotions go up, what happens to your ability to make sound decisions?...
Now short selling is a particular conundrum, right? It's counterintuitive. It feels weird. it's hard to understand, but it's really not much different than the long side once you get to the point where you truly deeply understand it. So my suggestion is for anyone who doesn't have shorting is just keep asking questions until you get it. Until you really intuitively feel comfortable with it, just...
I've been trying pretty hard to keep learning in the last couple of years. I did go through a long phase where I just knew what I knew and I just did that. And I really think I left a lot of money on the table when I was doing that. And a lot of future wealth because, now I'm learning things that I could have learned years ago because I'm a bit more, engaged in all of that. And I think it's...
We look at a back test in a very clinical way. It's Oh, look, there's the equity curve. That's amazing. Over 30 years, look how much money we would have made. And yes, there's drawdown. I'm comfortable with that level of drawdown and, Oh, it's 30 percent winners, 70 percent losers. Yeah, that's okay. I can deal with that. I understand trend following. It's yet another thing to have your account...
I think it's a really useful point to discuss because the markets get high, like trading gets hard psychologically at times. And the last two years for me have not been my favorite two years out of my trading journey. Let me tell you it's okay because I know it's normal. It comes and goes. And sometimes the money is so easy. It's crazy. And sometimes the money is much, much harder. It has been...
The first step in the process is to imagine conceptualize something that you can form into some rules. Okay. This is the hypothesis generation. From what I heard, I jumped through each of the groups. There were good ideas in all of the groups, whether they're profitable or not, it can make a good system out of them. I don't know yet, but just like in trading, a lot of the systems you try and...
Global Stock Market Update - 15 January 2024I'm excited to share with you some key highlights from my latest Weekly Market Update, a comprehensive overview of the current state of global markets... in a NEW VIDEO FORMAT this week, I am so keen to hear what you think. To get a complete understanding of all the trends and how they might be impacting your trading strategy, watch the full video on...
Have you ever felt like something just has to change with the way you deal with finances and build wealth and the way you make money? And certainly, I've felt like that in the past, early on before I really got successful at trading. I remember after several years of working in very stressful jobs. Being on the bus on the way into the city, and it was a long bus ride, it was like an hour and...
I am truly excited to have you in my trading world... this can be a very isolated and lonely venture and I know what it feels like to try to figure it out on your own. Before we go any further on our journey together, though, I want to address the elephant in the room... the question in the back of your mind that is probably niggling at you right now. You may or may not have realized you even...
Have you been looking for that one game-changing thing to really transform your trading? Well, I hate to tell you, but there's not just one thing that's going to transform your trading. There are several things. My name's Adrian Reid. I'm the founder of Enlighted Stock Trading, but let me tell you what are the things that are going to really transform your trading, any game changers that are...
If you trade long enough, there's going to be some things that you did or some things that you didn't do that you regret. And for me, one of the things that I regret the most early in my trading career was not diversifying early enough. When I first started trading, I was trading, trading, following strategy on daily charts in the long term on Australian stocks, and that was great. I made a...
Have you ever had one of those moments in your trading where you just thought, whoa, I didn't know that could happen? My name's Adrian Reid. I'm the founder of Enlightened Stock Trading, and I want to share with you a story about when that happened to me. I'd been trading systematically for a couple of years and I was trading a system that I'd developed myself, and I was very confident in this...