Mar 21 2024 74 mins 21
📘 Get your FREE 115-page Ultimate Trading Guide: https://traderlion.com/POD-UTG 🔍 Next-Generation Stock Screener: https://traderlion.com/POD-DV 🦁 Follow us on Twitter/X: https://traderlion.com/POD-X 📈 TraderLion Masterclass Courses: https://traderlion.com/POD-TLU 📰 Free Trading Academy: https://traderlion.com/POD-TLA Veteran trader Jon Brody lays bare the brutal realities of trading, from heart-pounding losses to exhilarating wins. Join us for an in-depth discussion on the secrets of capital preservation, mastering the mental game, and finding your own risk tolerance. Jon shares hard-won wisdom and practical insights gained over a remarkable 30-year career. In this video, we break down: • Why risk management is job number one • The truth about high win rates in trading • How to conquer doubt and build mental toughness • Strategies for calculating risk and finding your comfort zone • The emotional rollercoaster of trading and how to stay balanced Level up your trading game, whether you're a seasoned pro or just getting started. This video is packed with invaluable advice on day trading strategies, trading psychology tips, and risk management trading. Timestamps: ____________ 0:00 - Introduction & Jon’s Background 2:00 - Risk and Capital preservation 4:16 - Jon’s Performance and 50/50 Method 11:02 - High Win Rate Misconception 13:12 - Importance of the mental aspect in trading 18:40 - Doubts in trading / Risk Tolerance 21:12 - How to Calculate Risk / How much to take 28:02 - Emotions in Trading 34:28 - What does Jon outside of trading to keep him in the zone 36:00 - Pain Threshold 45:16 - A personal example from Richard on Pain threshold 48:57 - Career Turning Points 53:16 - Questions from the audience 1:11:29 - Advice to new traders Enjoy! - The TraderLion Team
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