Live Trading Talk With Oliver Velez (English‪)‬ Trading Talk with Oliver Velez

In this episode, Oliver discusses how journaling your trading provides a certain set of statistics that display exactly who you are as a trader. They will reveal the strengths and weaknesses in your trading. Becoming intimate with your personal trading statistics will allow you to recognize what you need to accomplish to become a profitable trader.

In this episode, Oliver discusses the power of checklist trading. Leaving all the decision making to your trading plan is the first step towards profitability. The developing trader tends to step in the way of the plan, which is the ego protecting itself. It is not until the trader steps back and lets the plan play out that your trading results will make a turn towards consistent profitability.

The first step to get rid of your trading demons is to become aware of them. Your demons are the most powerful when you are not aware of them. As the greeks stated, you have to know thy self. Knowing thyself in trading is knowing your personal statistics. Listen and learn how you can use your own results to become a better trader.

Once you enter a trade, thats when the real game begins. Anyone can buy and sell a stock, its what happens in the middle that really separates the novice traders from the master traders.

Most traders wake up expecting today to different without putting in the effort. Thats pure ego. To make it in this game, you have to be willing to change and put in the effort. This is how you do it.

For some traders, this activity simply takes over their mind, there is not a single thing they would prefer to do and this talk is all about my own trading journey and how that will to mastery made me the trader I am today.