Is Loss Control All It Takes to Become Consistent?

Is Loss Control All It Takes to Become Consistent? · Bryan Holdford

Рет қаралды 15,863

Күн бұрын

EP 268 | Is Loss Control All It Takes to Become Consistent? | Bryan Holdford
Paying to take and pass the Series 7 license as a teenager in the 1980’s led Bryan Holdford into the high commission world of stocks and options without mentors or the internet. Starting with investment newspapers Bryan tried many trading ideas without any risk controls. Despite frequent and numerous losses, he was hooked on the game of trading. Obsessive determination drives him to stay in the game despite a boom bust performance. Recently he seems to have found the right balance.
Disclaimer:
Trading in the financial markets involves a risk of loss. Podcast episodes and other content produced by Chat With Traders are for informational or educational purposes only and do not constitute trading or investment recommendations or advice.
Topics & Timestamps:
Please note: Exact times will vary depending on current ads.
0:00 Intro and Background
11:10 Picking the stocks to trade
13:13 Getting into level 5 options trading
19:45 Gambling nature
24:15 Key takeaways from Market Wizards
28:35 Losing his earned fortunes
34:40 Indicators when a parabolic is ready to reverse
41:25 Having a full time job allowed for risky trades
46:20 Psychological traps
49:55 Loss control
1:05:00 Top 30 on Fundseeder
1:06:30 Performance with credit spreads
1:15:43 Morning routine
1:20:00 His edge
1:22:00 Goals
1:23:55 How to reach Bryan
Links & Resources
Email: bryanholdford@gmail.com
* NEED ACCOUNTABILITY IN YOUR TRADING JOURNEY? LEARN ABOUT THE TRADERS ACCOUNTABILITY PROGRAM BROUGHT TO YOU BY THE CWT COMMUNITY: chatwithtraders.com/community/
#daytrading #stocktrading #tradingmindset

Пікірлер: 44

@150_ENGINEER 7 ай бұрын

I have been listening to chat with traders for 4 years and this is my favorite one up till now. I love how this guy refused to quit.

@askchrishetrades 7 ай бұрын

Same

@ayejaye Ай бұрын

Didn't quit but it took him 30 years to realize that you have to cap risk

@npcc4003 7 ай бұрын

As the trader I most admire once said, "Everyone knows how to win, but not everybody knows how to lose. That's the key to being a successful trader."

@salsperspective9745 7 ай бұрын

Tom hougard ❤

@anyfoolcanknow 7 ай бұрын

I was gonna say john Moulton lol my favorite episode!

@rzeukzab6258 7 ай бұрын

Rambo

@empty-ed 6 ай бұрын

Yes there is a lot of sense in that but for me even winning emotions should be avoided . Whatever the positive euphoria from winning feels like , the negativity will be exactly the same strength but in a negative way . Most people trade their profit and loss and not the process . When they do their back testing band realise that a profit can be made they only see the end result . What they don’t see is the peaks and troughs on the journey and this is Walmart they can’t handle ❤

@rzeukzab6258 Ай бұрын

Rambotan said it

@dougieboy777 6 ай бұрын

what a don. Love these traders who don't sound like stereotypical traders. Just a cowboy doing his thing. Legend.

@Kaitrader 2 ай бұрын

Loss control is absolutely not enough, but a fundamental criteria to becoming consistent. You still need to have EDGE. Otherwise it is death by a thousand cuts.

@tokyovilakazi5818 Ай бұрын

Time is an Allie to the patience and a thief to the impatient.

@Bee-rs4dh 2 ай бұрын

This is one of the episodes that really makes me think and re-think about trading. Thanks all !

@DOMReplays 7 ай бұрын

This man has passion for real! Great job on digging in with your questioning style for more information from Bryan, interesting listen.

@150_ENGINEER 7 ай бұрын

And for getting back on track when the line of questioning was going off the rails. He is a great interviewer. For a little while I was having trouble listening when Aaron left, but he's winning me over.

@vr2854 5 ай бұрын

I love Bryan, his honesty and humility. Thanks and good luck in 2024

@nomadchad5733 11 күн бұрын

This dude is awesome

@robertk6377 7 ай бұрын

Resilience born from Passion... Thank you.

@josejunior991 7 ай бұрын

Very practical trading tips around loss control. This is very useful. Thank you.

@Bee-rs4dh 2 ай бұрын

I think what the Gentleman needs is not a Coach or the learning of Loss Control. Instead, it should be something more deep down needs to be fixed. It is the "Real Meaning of Trading" should be to "Survive", and makes one's life grow ! Wish him all the best, and get away from the reliance on Luck.

@avarada6654 2 ай бұрын

These kind of interviews encourage traders. Thank you for your host and your team❤

@qc8227 7 ай бұрын

loss control or risk management is essential and the first thing a trader should get good at.

@JohnDoe-vo6uf 5 ай бұрын

i love Tessas voice. she really picked up with Ian. good job

@sharifolayan6271 7 ай бұрын

When are you going to do video interviews?

@audioface420 5 ай бұрын

This is a great interview, I like what he has to say. My 2nd time through the episode 👍

@elliotwilliams2849 7 ай бұрын

This dude is so funny but so resilient 😂

@Zombieyan 5 ай бұрын

This one was so inspiring and relatable...Great🎉

@TomGun 7 ай бұрын

Great episode, love these chat with traders! ❤

@IspiguiteSuperlativeThought 7 ай бұрын

I here to learn the art of losing

@alexlimion2624 7 ай бұрын

great chat! lesson i take to heart

@kenb6144 7 ай бұрын

Roanoke Rapids? LOL! Hello from Youngsville! Great interview, made my day!

@bossman1958 7 ай бұрын

his opening words dam fire!

@justinf7506 7 ай бұрын

loved it

@mmaglobal11 6 ай бұрын

Great interview

@askchrishetrades 7 ай бұрын

Great video!

@150_ENGINEER 7 ай бұрын

I like this guy

@nnconfomiststoic7346 Ай бұрын

Options selling has unlimited risks of losses whereas in options buying premium is the only loss you take.

@zz-qi8iw Күн бұрын

You must new to option trading. Only naked sell has unlimited risk of lose.

@banginzaza 7 ай бұрын

15:55 😂

@sskhussaini 7 ай бұрын

😂 I did the same haha.

@YousefB 7 ай бұрын

I love this guy.. tew naan teww..

@MrA1wizard 6 ай бұрын

Great interview. Can’t help but think he sounds like Eugene from the Walking Dead 😂

@150_ENGINEER 7 ай бұрын

He gave his phone number out....lol..

@aaronsmyth7943 29 күн бұрын

He's a glue sniffer.