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Episode 016: The 'traditional trading' trap

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Manage episode 217092981 series 2372134
Content provided by Better Trader Academy, Andrew Swanscott, and Tomas Nesnidal. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Better Trader Academy, Andrew Swanscott, and Tomas Nesnidal or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Let’s face it… most traders will NEVER make money in their trading career.

Yup, you read that right… in their ENTIRE trading career.

And why is that, you may ask?

Well, we could call it a tradition!

Tradition is that one way everyone does something the same. That one path that everyone follows.

For example, you see many generations of traders using the same risk management approach. Understandably, you go in the same direction because that’s how it’s been for a while.

But if the majority of traders don’t succeed, wouldn’t it make more sense to be different from the crowd?

Wouldn’t it make sense to stop following the same old ways, to be original and push the trading boundaries?

If you study a lot of successful traders, you’ll find that being innovative and unique is a big part of their success. Going against the crowd. Being creative. Adding their own twist.

In this episode, we explore the creative side of trading more, including:

  • How overlooking your creative side can lead you to an empty trading account,
  • Tips and tricks on how to easily be creative in any part of the trading process,
  • How to convert your current traditional trading strategies into original and powerful ideas that will get you exceptional results,
  • And much more.

Do you have any trading questions you’d like answered? Submit them here, and we may cover them in a future episode!

  continue reading

88 episodes

Artwork
iconShare
 
Manage episode 217092981 series 2372134
Content provided by Better Trader Academy, Andrew Swanscott, and Tomas Nesnidal. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Better Trader Academy, Andrew Swanscott, and Tomas Nesnidal or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Let’s face it… most traders will NEVER make money in their trading career.

Yup, you read that right… in their ENTIRE trading career.

And why is that, you may ask?

Well, we could call it a tradition!

Tradition is that one way everyone does something the same. That one path that everyone follows.

For example, you see many generations of traders using the same risk management approach. Understandably, you go in the same direction because that’s how it’s been for a while.

But if the majority of traders don’t succeed, wouldn’t it make more sense to be different from the crowd?

Wouldn’t it make sense to stop following the same old ways, to be original and push the trading boundaries?

If you study a lot of successful traders, you’ll find that being innovative and unique is a big part of their success. Going against the crowd. Being creative. Adding their own twist.

In this episode, we explore the creative side of trading more, including:

  • How overlooking your creative side can lead you to an empty trading account,
  • Tips and tricks on how to easily be creative in any part of the trading process,
  • How to convert your current traditional trading strategies into original and powerful ideas that will get you exceptional results,
  • And much more.

Do you have any trading questions you’d like answered? Submit them here, and we may cover them in a future episode!

  continue reading

88 episodes

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