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 stages a recovery near 1.0760 amid upbeat US Dollar
The EUR/USD rebounds from its three-week low at 1.0723, which was recorded on Friday. The pair trades higher around 1.0760 during the Asian trading hours on Monday. However, the US Dollar received an upward momentum after the release of stronger economic data from the United States.
GBP/USD recovers some lost ground near 1.2550 ahead of the UK employment, US CPI data
The GBP/USD pair holds positive ground during the Asian session on Monday. The pair recovers some lost ground from Friday’s low of 1.2500 and trades around 1.2551, gaining 0.03% on the day.
USD/JPY: Japanese Yen keeps falling, as US Dollar firms up on risk aversion
The Japanese Yen is accelerating its decline against the US Dollar. Reduced bets for an imminent shift in the BoJ’s policy shift undermine the JPY. The US Dollar benefits from upbeat US NFP data and broad risk aversion. The focus shifts to the US CPI data and the Fed decision this week.
Editors’ Picks
EUR/USD stages a recovery near 1.0760 amid upbeat US Dollar
The EUR/USD rebounds from its three-week low at 1.0723, which was recorded on Friday. The pair trades higher around 1.0760 during the Asian trading hours on Monday. However, the US Dollar received an upward momentum after the release of stronger economic data from the United States.
GBP/USD recovers some lost ground near 1.2550 ahead of the UK employment, US CPI data
The GBP/USD pair holds positive ground during the Asian session on Monday. The pair recovers some lost ground from Friday’s low of 1.2500 and trades around 1.2551, gaining 0.03% on the day.
Gold price languishes near two-week low, focus shifts to US CPI and key central bank meetings
Gold price remains under some selling pressure for the second successive day on Monday. Reduced bets for a March Fed rate cut move and a modest USD uptick weigh on the metal. Geopolitical risks could help limit further losses ahead of this week’s key data/event risks.
Bitcoin price crashes 7.7% in Asian session, sets off $200 million in liquidations
Bitcoin (BTC) price dropped 7.74% in the last hour, briefly tagging the $40,400 level. According to data from CoinGlass, this move caused nearly $200 million worth of positions to be liquidated.
Central stage: The big three central banks in focus
As we approach the end of the year, this week holds particular significance for macro observers. The three major central banks, often referred to as the "Big 3" – the Federal Reserve, the European Central Bank (ECB), and the Bank of England (BoE) – are all scheduled to convene.
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