This episode gives resuscitation to your portfolio and psychology as Adrian Reid discusses systematic trading and what makes traders profitable and Louise Bedford emphasises the importance of your trading definition.Louise BedfordMind power - Your Trading DefinitionMake your trading definition effective because it might determine how long you stay with
trading.As a trader your job is TAKE SMALL LOSSES and MAKE BIG WINS.Every year Louise has so many small losses and just a few outside gains.Even the turtles only earned on average from 35% of trades the majority of their
profits.It is extremely difficult to be profitable in this game if you are thinking your job it have lots of big wins and only a few small losses.Adrian ReidTraders are a smart bunch of people.But being smart is not what makes you money in the market.Being SYSTEMATIC is what makes you
profit.By having good trading habits and focusing on being a better trader THE MONEY WILL TAKE CARE OF ITSELF and your portfolio will
grow.In this interview Adrian discusses: What things cause traders financial pain Human psychology and the need to be right Being clear on your objectives and how much you are prepared to lose Getting serious about developing systems and profitable rules Portfolio CPR and resuscitating your system What it takes for trading success.For a portfolio CPR cheat sheet to clean up for your portfolio and stabilize your trading go to:
https://go.enlightenedstocktrading.com/talkingtradingTo contact or find out more about Adrian go to:
www.enlightenedstocktrading.com, Facebook Adrian Reid or direct email:
adrian@enlightenedstocktrading.com Get your free trading plan template
Are you tired of the trading rollercoaster? One day you're up, the next, you're down—and it’s exhausting. You’re putting in the effort, but your results just aren’t where you want them to be.
It’s time to take control. Visit www.tradinggame.com.au and grab my free trading plan template. It’s designed to help you create a plan that fits your lifestyle.
Tell a friend about us!
I’ll bet you know someone who would love the Talking Trading show. Show a friend how to register on www.talkingtrading.com.au or on your favourite podcast app, so that they can share in your passion for the markets.
Trade confidently. Louise Bedford is a best-selling author and founder of www.tradinggame.com.au and www.talkingtrading.com.au.
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