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Great video Martin and good to get some focus ready for the rest of the course.
It's good to have that idea for a long term goal. My goal is to drop a day or two at my current work so I have more time to do the things I want on my terms and make more money for less time spent working.
I have controlled my stakes and often start a strat with £1 to get a feel after paper trading for a couple of months. This is great way to "feel" like you are trading (and you are) as you can still play the game without the risk.
Onto the next one!
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@murdo-martin It's been one of the problems for traders I have been trying to solve for years! I haven't found the solution yet mind.
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@murdo-martin said in Masterclass Lesson 1:
@Martin are you sure you were not watching me. that is me, yesterday i had £50 on norwich drew 0-0, i know this isnt trading still learning that, had £50 on southampton drew 0-0 so done £400 on arsenal won 1-0 but afterwards thought i just got away with that for £14 profit
Spot on, you got away with one there and it won't work at some point and you will bust out.
It sounds so alike because it's my real life experience of chasing losses, that's the beauty of what I do here working with traders, you can't help people unless you have walked the same journey.
I used to do it all the time back in the day and I'm lucky it didn't cost me more than just money!
Hopefully you can take the pointers from it and start to make permanent change.
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@Martin are you sure you were not watching me. that is me, yesterday i had £50 on norwich drew 0-0, i know this isnt trading still learning that, had £50 on southampton drew 0-0 so done £400 on arsenal won 1-0 but afterwards thought i just got away with that for £14 profit
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@murdo-martin did you listen to my podcast about chasing losses? https://www.buzzsprout.com/1516057/14832821-how-to-stop-chasing-losses.mp3?download=true
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Chasing losses is my downfall
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Interesting and informative video. Reminds me of why I'm striving for what I am.
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Thanks for the video! Good stuff to be reminded of.
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M Martin moved this topic from Getting Started on