Episode 3: WHAT TRADING IS NOT

Delusional Trader Podcast: Unlocking the Truths Behind Trading Success

Episode 3: What Trading is Not – Dispelling Common Myths

In this episode of the Delusional Trader Podcast, we challenge common misconceptions about trading and highlight what trading is not.

This episode covers:

• The Recipe for Failure: Understand why most trading books and online content fall short by focusing on strategies that represent only 10% of what it takes to be successful.

• Misleading Online Content: Learn why following chart patterns and trading strategies from YouTube videos is delusional and contributes to the 98% failure rate among retail traders.

• The Importance of Psychological Preparation: Discover why 90% of trading success lies in understanding yourself and developing the psychological skills to handle market challenges.

• Respecting the Profession: Recognize the importance of treating trading as a serious profession that requires extensive training and commitment, much like becoming a doctor or pilot.

• Evaluating Your Motivations: Reflect on your reasons for trading and ensure they are conducive to long-term success, rather than a misguided belief in quick riches.

By the end of this episode, you'll have a clearer understanding of the true nature of trading and the essential elements required for success. Whether you're new to trading or looking to improve your approach, this episode will help dispel common myths and set you on the right path.

Tune in, subscribe, and continue transforming your trading journey.

🎥 Welcome to Delusional Trader! 🎥

Hey there! I'm The Delusional Trader, behind the Delusional Trader book. This channel, podcast, Insight Timer Meditations are what I wish had existed when I began my trading journey. My mission? To help the retail trading community by addressing the root causes of trading failures and help you tackle the psychological barriers holding traders back.

What to expect from these episodes:

• ✨ The Truth about financial markets and trading them
• 💪 Wisdom to pause and approach trading with strength
• 🧱 Guidance on how to build a solid foundation for trading success
• 📈 Powerful trading insights and guidance
• 💰 Suggestions to save you from blowing your trading account
• 🧠 Techniques to understand and address trading psychology
• 🌍 Real market situations and tips on how to tackle

Despite the sea of resources out there, the failure rate among retail traders stubbornly sits at a staggering 98%, earning the disheartening label of "dumb money" by professional money manager.

Delusional Trader aims to start moving this needle, by moving more retail traders towards success.

This channel isn't just about another trading strategy; it's about providing a thorough understand of markets and trading and helping traders to understand the mind's pivotal role in trading success. Having navigated countless obstacles myself, I offer essential insights into the mental dynamics of trading and techniques to master them.

📖 Get the Book!

Ready to dive deeper? Grab my book Delusional Trader and supercharge your trading journey:

• Amazon: https://www.amazon.com/dp/B0DS815X5Y
• Barnes & Noble: https://www.barnesandnoble.com/w/delusional-trader-the-delusional-trader/1146801178?ean=2940184546520
• Kobo: https://www.kobo.com/gb/en/ebook/delusional-trader
• Google Play: https://play.google.com/store/books/details?id=XZU8EQAAQBAJ&pli=1
• Apple Books: https://books.apple.com/us/book/delusional-trader/id6741069075

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• Website: www.delusionaltrader.com

I really want to help more people to succeed in trading and avoid the losses, pitfalls and psychological torment that I suffered. I am certain you will find this content valuable so I hope you will join me.

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