Disciplined Trading Strategies

You may be curious about the phrasing of the title of this episode. Because it kind of implies that there’s only certain times that psychology matters. To be fair the title is a little “tongue-in-cheek”, although in a literal sense it is 100% true. Sounds confusing? Well, you have to listen to the beginning of the episode but I assure you it will be filled with more information that will help you in your quest to become your own independent trader/investor.

To learn more, visit:

http://disciplinedtradingstrategies.com

Listen to more episodes on Mission Matters:

https://missionmatters.com/author/paul-lange/

I am going to bet that this podcast gets fewer downloads than the others. Discipline? Really? What a boring topic. Discipline. It is an important word in most everything we do in life. But in trading it has a very special place. When a new trader discovers that you can make a former week’s salary in a couple of hours it brings about emotions of greed and fear that have intelligent people often doing stupid things. If you’ve only half listened to half of my prior podcasts, I think you understand that technical analysis is the only way to make money in the market unless you have millions of dollars to spend on your own independent research. I don’t consider that my opinion, I consider that fact.

Here is the simple brutal truth. Anyone can easily learn technical analysis. It is literally the case that the intelligence level required is not any more than that of a 5th grader. The first issue is that few learn it properly. But even those that do are not guaranteed success. Why not? Discipline. Or more precisely, the lack of discipline.

Here's a chart to follow along:
https://drive.google.com/file/d/1b1kBB61cG6k43emS8TZLL2dPtYECY_21/view?usp=sharing

Set up a free coaching session with Paul:
https://calendly.com/dts-paul/coaching-session-w-paul

The DTS Free Stuff Page:
https://disciplinedtradingstrategies.com/free-stuff/

To learn more, visit:
http://disciplinedtradingstrategies.com

Listen to more episodes on Mission Matters:
https://missionmatters.com/author/paul-lange/

The Internet is obviously a very useful tool for many things. But how useful is it in the endeavor to learn special skills, like learning the skill of trading or investing for yourself? This presentation is about taking a look at the pros and cons, the good and the bad, the useful and not useful, of what the Internet has to offer for anyone trying to learn trading on their own. As always, I want to go beyond just anyone’s opinion, and look at the hard facts.

To learn more, visit:

http://disciplinedtradingstrategies.com

Listen to more episodes on Mission Matters:

https://missionmatters.com/author/paul-lange/

This is a big one to me because it gets at the very heart of what we do as traders/investors and also addresses what is perhaps one of the biggest mistakes made by traders across the board. This has to do with selecting trades on simple ordinary stocks to make money from moves that occur virtually every day. Unfortunately, new traders are drawn into trying to find stocks that make the top gainers or top losers list, or perhaps drawn into trading crypto because of the huge volatility. You do not need big moves to make big money and the drawbacks to these high volatility stocks outweigh the benefits. I will discuss all of these issues in this podcast and try to explain why I focus on boring everyday stocks, both for day trading and long term.

Here's a chart to follow along:

Chart 1:
https://drive.google.com/file/d/1OF5-ouJHZLSU7dgInPSR-EhR6Bjea-Jc/view?usp=sharing

Set up a free coaching session with Paul:
https://calendly.com/dts-paul/coaching-session-w-paul

The DTS Free Stuff Page:
https://disciplinedtradingstrategies.com/free-stuff/

To learn more, visit:
http://disciplinedtradingstrategies.com

Listen to more episodes on Mission Matters:
https://missionmatters.com/author/paul-lange/

A lot of clichés exist in trading. One of the more common ones is the common-sense notion of following the trend. It is one of the very few good clichés, and while it seems like a simple concept, there is a lot more involved. Like all of trading, you need to understand some of these concepts that are higher-level to get all the arts in your favor.

Here are the charts to follow along:

Chart 1:

https://drive.google.com/file/d/1uVXgFaqA7ppWClyBZ7Fc_xFULx_YeVGn/view?usp=drive_link

Chart 2:

https://drive.google.com/file/d/148tXZkTfqDO9ArA4rKNcV7p1CFw-EQqE/view?usp=drive_link

Chart 3:

https://drive.google.com/file/d/13Bo0fNGtJCSoZuOuvTNezzxllggvZLv5/view?usp=drive_link

Chart 4:

https://drive.google.com/file/d/1Uep01dQMbJeZ_Jt5p_Qbdzfm5zB2jKKi/view?usp=drive_link

Chart 5:

https://drive.google.com/file/d/14eiXpxL9-5WU4ppQXR6gpLLYiH4Y-JAJ/view?usp=drive_link

Set up a free coaching session with Paul:

https://calendly.com/dts-paul/coaching-session-w-paul

The DTS Free Stuff Page:

https://disciplinedtradingstrategies.com/free-stuff/

To learn more, visit:

http://disciplinedtradingstrategies.com

Listen to more episodes on Mission Matters:

https://missionmatters.com/author/paul-lange/