Mark Weinstein achieved trading success with over $100 million in earnings.
In the next minute:
You'll uncover a crucial element that underpins Mark's trading success. And it all begins with this seemingly unassuming quote:
"Most people will not wait for the environment to tip itself off. They walk into the forest when it is still dark, while I wait until it gets light."
What's he really saying?
Mark understands how your brain works when you sit at the trading screens.
You see:
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It's ingrained in human nature to seek patterns within chaos. But when trading - what you perceive as a dependable pattern - is often too erratic to give you an edge.
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Whenever you anticipate a future financial gain - your dopamine levels soar. This surge in dopamine can overpower rational thinking and logic - which is why people repeatedly enter far too early into trades.
These research-backed behaviours help you grasp the root of flawed assumptions about what the market will do.
Now you understand why:
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Your entry timing is off, necessitating wider risk levels per trade.
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Which is why your winning trades can't offset your losses.
The good news:
In a moment you'll discover the 'light' Mark refers to.
Watching the upcoming footage:
You'll learn how to challenge flawed assumptions by combining concrete evidence.
You'll see:
Live trading actively challenging assumptions using unique skills that give you a competitive advantage.
Footage is taken from live trading mentoring for a comprehensive insight into minute-by-minute real-time trading.
Forex and derivatives trading is a highly competitive and often extremely fast-paced environment. It only rewards individuals who attain the required level of skill and expertise to compete. Past performance is not indicative of future results. There is a substantial risk of loss to unskilled and inexperienced players. The high degree of leverage can work against you as well as for you. Before deciding to trade any such leveraged products you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading on margin, and seek advice from an independent
Editors’ Picks
EUR/USD holds near 1.1100, looks to post small weekly gains
EUR/USD trades near 1.1100 in the American session on Friday. Although the risk-averse market atmosphere caps the pair's upside, dovish comments from Fed officials and the disappointing US jobs report help it hold its ground.
GBP/USD retreats to 1.3150 area after post-NFP spike
GBP/USD turns south and declines to 1.3150 area after spiking to 1.3240 in the early American session. The negative shift seen in risk mood following the US labor market data for August helps the US Dollar stay resilient against its peers and weighs on the pair.
USD/JPY holds losses after weak NFPs from the US
US Dollar's weakness continues after August Nonfarm Payrolls came in lower than expected, reflecting broader labor market concerns. Market expectations for a Federal Reserve interest rate cut have risen, driven by signs of a slowing US labor market and softer job growth. The odds of a 50 bps cut in September by the Fed rose to nearly 50%.
Editors’ Picks
EUR/USD holds near 1.1100, looks to post small weekly gains
EUR/USD trades near 1.1100 in the American session on Friday. Although the risk-averse market atmosphere caps the pair's upside, dovish comments from Fed officials and the disappointing US jobs report help it hold its ground.
GBP/USD retreats to 1.3150 area after post-NFP spike
GBP/USD turns south and declines to 1.3150 area after spiking to 1.3240 in the early American session. The negative shift seen in risk mood following the US labor market data for August helps the US Dollar stay resilient against its peers and weighs on the pair.
Gold pulls away from near record highs, holds above $2,500
Gold came within a touching distance of a new all-time high near $2,530 as US Treasury bond yields turned south on disappointing US jobs data. The US Dollar's resilience amid a souring risk mood, however, caused XAU/USD to erase its daily gains.
Crypto today: Bitcoin, Ethereum, XRP tests key support, TRON network non-stablecoin activity hits new highs
Bitcoin, Ethereum, and XRP hover around key support levels after registering a steep correction earlier this week. TRON network’s stablecoin activity hit new highs following the release of SunPump.
Nonfarm Payrolls expected to show modest hiring rebound in August after July’s tepid report
The Nonfarm Payrolls report is forecast to show that the US economy added 160,000 jobs in August, after creating 114,000 in July. The Unemployment Rate is likely to dip to 4.2% in the same period from July’s 4.3% reading.
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