The Psychology of Hedge Fund Traders (Insights from Elite Trading Psychologist)

Рет қаралды 202,011

Күн бұрын

SMB Inside Access Just Launched: bit.ly/49QoVgy
SMB Trading Workshop (Learn 3 Trading Setups): bit.ly/3QiD9Qp
Dr. Brett Steenbarger's Blog: bit.ly/traderfeed
00:00 - Intro to Dr.S
00:40 - Traders Must Network
02:05 - Why Hedge Funds are Successful
04:05 - Why Traders Don't Succeed
05:50 - Key to Success as a Trader
07:43 - Who are You Making Money From?
11:58 - Think Like the Big Hedge Funds
15:02 - Why the Big Picture Matters
22:00 - The Role of Creativity in Trading
25:03 - What Makes a Really Successful Trader?
28:41 - The 4 BIG Dimensions Important to Performance
31:15 - Think of Trading as Multiple Processes
34:58 - 4 Components of Success in Hedge Funds
36:26 - Important Perspectives in Peak Performance
39:05 - Questions
#tradingpsychology #daytrading #tradingmindset
SMB Disclosures www.smbtraining.com/blog/smb-...

Пікірлер: 162

@smbcapital Ай бұрын

SMB Inside Access Just Launched: bit.ly/49QoVgy SMB Trading Workshop (Learn 3 Trading Setups): bit.ly/3QiD9Qp Dr. Brett Steenbarger's Blog: bit.ly/traderfeed

@bobbysahye 27 күн бұрын

q1qq1q1qq11q11q11111q,😅😅

@user-hy9el2jj5b Ай бұрын

I have learned that Successful Traders have biggest temperament of Patience

@TalesOfTrillions Ай бұрын

The emphasis on mentorship and practice over just jumping into the market is spot on. It's not about luck; it's about strategy and discipline. 💪

@TreyMilan Ай бұрын

Thank you for the breakdown, your content keeps making it easier for me to understand how trading works in general. My question now is how can I approach the market at best if l'm still a newbie with no trading experience?

@hedamjohnson5030 Ай бұрын

Firstly you should create your trading strategy,second is your system that has an hedge and lastly you need to have a proper trading psychology. You need all 3 to reach profitability, without having these 3 you just might not be profitable

@JoeRamey-mt7gj Ай бұрын

Open a demo account with any broker and start trading. Figure out what concept is suitable for your trades and then you can transition over to prop firms.

@jonesrinde4369 Ай бұрын

Spend a couple of months to fully understand the basic of the market

@benjaminbruce1833 Ай бұрын

@HEDAMJOHNSON just got started with trading and I'm still developing my own trading strategies. how do I go about getting proper trading psychology ? so I can get to trade profitably.

@chicobeen-wi6hg Ай бұрын

Trading with ex perts helps beat uncertainty,emotions and also gives you proper trading psychology. Basically why I work with trading ex pert cooper to secure my financial spot while I learn and earn through the provided analysis.

@jesseterry11 22 күн бұрын

Just understanding that the right energy in your life is one gem I get from this guy

@Yellingwonthelp 11 күн бұрын

Outstanding speaker. Loved the part that said study oneself. You are already the person you’re going to become

@ryanmsalisbury5499 Ай бұрын

Love his positivity and outlook. 😊

@bottomphishing7377 Ай бұрын

Absolute gem, thank you for sharing.

@georgekatcharava6087 Ай бұрын

i agree with Doc! you have to find what strategy/setup makes sense to you the most and trade that. become an expert at it and make it work for you. makes perfect sense! ... way to go doc!

@lalodominguez7121 27 күн бұрын

Fantastic lecture. Thank you for sharing

@justjakefornow 29 күн бұрын

I have been needing a lesson like this for over a decade now. Better late than never.

@mrdinkh3209 Ай бұрын

Great seminar!

@michaelmaran4473 Ай бұрын

Really great presentation. The most interesting part was around the 4 minute mark - I would have loved a good question on preparation in the Q&A. "In every performance field there is more time spent practicing and learning than actually performing" - Biggest golden nugget in the hour

@1320wolf Ай бұрын

My favorite trades are longs into retail shorts stopping out. My best trades are within the first 15 minutes after the open.

@charliemcgrain Ай бұрын

Can you be more specific? At what point do you think retail shorts are stopping out?

@AngelRodriguez-dz8yd Ай бұрын

@@charliemcgrainhe doesn’t know what he’s talking about.. or his strategy really is to play against .01% of daily volume which i doubt is profitable LOL

@samlah2319 Ай бұрын

@charliemcgrain he waits until buy stops are taken and then longs after. So after an old low is taken or after a major dump. And these moves usually happen the most during NY am session.

@Caustin1050 Ай бұрын

Thanks as always for the great content.

@sjcan77 Ай бұрын

Very inspiring, and so many truths shared there. Thanks for posting!

@wildrabbt 24 күн бұрын

Thankyou for this great lecture 🎉

@matthewtan3809 Ай бұрын

thank you for sharing this

@billc3405 Ай бұрын

Amazing video thank you

@johnotaran Ай бұрын

Great insights ! Dr. Brett Steenbarger mentioned about low volatility creating on average more reversals, is that because true momentum creates a sustained directional volatility and without it, stocks tend to reverse to the mean ?

@rahulcha08 20 күн бұрын

great speech, but even if someone listen to this 5 times, he or she will not make money. Making money is a mindset, losing money and keep losing it is also a mindset- its a battle between you vs you ! minimum skills and practice are inevitably important else u will lose your kidneys but money wont come

@shalombethefire 6 күн бұрын

Great stuff, thank you guys

@Grateful-Hedge Ай бұрын

Thanks for sharing

@PlayBoyClub 24 күн бұрын

Thank you so very much ❤

@Girugi981 19 күн бұрын

Good to hear you sir. May I know what will be ideal chart time frame we can use for scalping.

@RichMafiaMoReala Ай бұрын

Thank you bro.

@REEZTRADING Ай бұрын

Thank you 🙏🏻

@MrJupton1 29 күн бұрын

Dr Brett is a legend in this field!

@mmm-cake Ай бұрын

Thank you

@totorina4353 Ай бұрын

Thank you for the content

@smbcapital Ай бұрын

you are welcome!

@mohameddraou4063 Ай бұрын

It's very helpful

@sanketsaharkars Ай бұрын

Been waiting for this long time, Than you for sharing!

@albertlabos8400 8 күн бұрын

I have been following the pronouncements made by Brett Steenbarger which never dissapoint because they are so regularly entertaining and freshly naive.😁

@therealtradersjournal Ай бұрын

Nice share. His book had a major impact on my approach toward markets many, many years ago.

@joefeinstein6804 Ай бұрын

Great coaching - thanks!

@Yogi-trader Ай бұрын

Thanks for sharing! Was worried this one was going private after watching half of it yesterday. Awesome content as always

@tonymazzola7991 Ай бұрын

This is Awesome training! Very much appreciated!

@Artimissss Ай бұрын

more screens = more money

@smbcapital Ай бұрын

always more!

@eccentricsmithy2746 Ай бұрын

not one bit of truth in that

@1320wolf Ай бұрын

I could use more screens to keep an eye on changes to the macro, in real time.

@clrviewfx Ай бұрын

When people ask why I have four screens on my desk, I respond "because I can't fit 6"

@tastingtrader7289 Ай бұрын

this is wrong assumpion

@thisweirduniverse Ай бұрын

Finest channel for pro traders ❤ #SMB

@ranjeetdesai7725 Ай бұрын

Best video.....

@cristiangabrielfeliz6324 Ай бұрын

Amazing video and content 🎉🔥

@smbcapital Ай бұрын

Thank you 🙌

@djmacp7219 21 күн бұрын

do you guys offer online courses and do you guys take VA?

@ruslankasimov4597 Ай бұрын

The goat of trading psychology

@TxRedMan Ай бұрын

Possibly the most valuable content you’ve posted. A+

@eg7990 Ай бұрын

Gold

@vicktorus847 Ай бұрын

Thank you Mike for sharing. This is so valuable for traders.

@benjaminchow5502 Ай бұрын

Thank you SMB capital for giving this out freely on youtube!

@TradersRealms 22 күн бұрын

YES we are TRADERS

@dr.mohammed.erdogan 12 күн бұрын

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Claudia Jenkins.

@marthajames987 12 күн бұрын

I'm surprised that this name is being mentioned here, I stumbled upon one of her clients testimonies on CNBC news last week...

@Benjaminmcauley376 12 күн бұрын

She is my family's personal Broker and also a personal Broker to many families in the United states, she is a licensed broker and a FINRA AGENT in the United States.

@KingBaldwin715 12 күн бұрын

You trade with Claudia Jenkins too? Wow that woman has been a blessing to me and my family.

@stevenrice500 12 күн бұрын

I'm new at this, please how can I reach her?

@travisobrien09 12 күн бұрын

The first time we had tried, we invested $1400 and after a week we received $5,230. That really helped us a lot to pay our bills.

@PipsHappen 20 күн бұрын

Mindset > Trading Strategy. Every time.

@hypper-oc7rg 9 күн бұрын

Автору респект, связка рабочая.

@qelement50 Ай бұрын

I watched this 2x. Great information, especially when he discusses the hedge funds. Would like to see him in person

@krishnamehra5574 18 күн бұрын

Owe you sir

@guzman9270 7 күн бұрын

I am that guy who had a short course life as a trader but I've realised and gotten attracted back to it, learned my mistake. See you on the other side

@ashesm2984 Ай бұрын

This is pure Gold

@DenisKadir 22 күн бұрын

Isnt hedge funds trade with bots? HFT algorithms and so on ? Or am i missing smth? Shouldnt we start thinking as bots and try to outsmart them ?

@jonahacuff2365 5 күн бұрын

Lol

@jesseterry11 22 күн бұрын

Its crazy how traders can have all the knowledge in the world but them as individuals can't improve themselves

@DavidElstob73 Ай бұрын

So if people learn from mentoring, there had to be someone elite who started the ball rolling! Therefore, you can learn yourself it just takes longer.

@RideWithJanex 7 күн бұрын

I wanna be a member of this elite traders in your firm

@simplemind7 28 күн бұрын

World view, idea generator, and gatekeeping --keep it simple.

@eccentricsmithy2746 Ай бұрын

To make the claim that he is the greatest psychological trader is pretty bold. Everyone knows Mark Douglas was the best and still is even after his passing.

@patradingjournal Ай бұрын

Mark Douglas laid the foundation and everyone builds on top. Dr. S is one of the best if not the best builder. 😊

@shayneduncan6600 Ай бұрын

Mark Douglas wasn't even a psychologist. He just wrote a book that sold well.

@patradingjournal Ай бұрын

@@shayneduncan6600 That was precisely how he was able to write both trading in the zone and disciplined trader. If he was a psychologist to begin with, he wouldn't even have those original perspective, and also the sincerity in communicating his fundamental truths of trading to the world. Stop being a hater

@dollarhub_ 27 күн бұрын

Finally someone recognized Mark Douglas, he's underrated and his the only one you need to win in this game

@kaden3213 10 күн бұрын

What is tracking arval? what is arval?(assuming I’m spelling it right) !

@docbluedreamz 8 күн бұрын

Rvol is Relative volume

@mikaelkarlsson8785 Ай бұрын

Great content as always. Is that Lance? Is he at SMB now? :o

@smbcapital Ай бұрын

Yes, Lance works with us and the traders

@Yanis.B557 14 күн бұрын

i've been searching for a group or community to exchange and trade together, anyone knows such place ?

@vatskytube 7 күн бұрын

Me too, I'm in SC

@Yanis.B557 7 күн бұрын

@@vatskytube Sc ?

@Yanis.B557 7 күн бұрын

@@vatskytube SC ?

@Matteo-usd Ай бұрын

❤

@ShortboyKennel 5 күн бұрын

5% of 1 million or 100 million is a lot different than 5% of $100 or $1,000.. The hedge funds main advantage is they can wait retail investors out and still go home happy everyday while most retailer traders panic sell or don't won't to wait and have their money tied up for 2-3 or 2-3 months. So they sell Take a loss and try another stock happens again and again then they loose confidence or go broke and quit.

@Lucky__999_ 17 күн бұрын

Take me to work as a trader at SMB, I am a talented trader

@5P4C3V01D 26 күн бұрын

14:28 / 30:31

@jvscripts Ай бұрын

Where and when are these SMB capital meetups/confrences??

@smbcapital Ай бұрын

We will do an annual one in NYC and now that we have a Miami office we’d like to host more down there as well.

@makinqmoney 28 күн бұрын

it’s interesting how a psychologist bacame a technical analyst

@comediavietii1245 16 күн бұрын

snakes

@chubulu9842 Ай бұрын

Yeah…the video is back up again

@holla_j 23 күн бұрын

They all trade currencies in massive quantities. As a matter of fact that's all they do. It takes money to make money. As a matter of fact, tomorrow's currency exchange rate is dictated by today's buys and sells. Well it's a 24/7/365 kind of deal. You're welcome!

@ahmadmonim6369 24 күн бұрын

I want he talgram

@japan8994 Ай бұрын

I trade tip

@YoungTraderAce Ай бұрын

Anyone wanna team up? I trade SMC ICT

@Njoeroofx. 4 күн бұрын

I am here

@jgilmo3939 Ай бұрын

the only reason you need a shrink is you are not confident in your trades

@KyzieVinceDRaquel 26 күн бұрын

True

@frxsty1461 Ай бұрын

It should be illegal to not rhyme “in some measure, to some degree, you are already the person you seek to become”🖕🏼

@brentgaynor5232 Ай бұрын

You can use GPT or Claude to divine insights from your trades.

@DipakRaikar Ай бұрын

12:15

@tonynunez6539 Ай бұрын

Trading psychology is for those who have no understanding of technicals and fundamentals. Makes you feel good but has no successful track record.

@AngelRodriguez-dz8yd Ай бұрын

because profitable traders rely on certainty in an system based off of uncertainty… math skills anyone?

@MinotauroTrading 9 күн бұрын

i have been having my ass kicked for a long time. have been spending on courses and no results. It sucks.

@bullharvests7995 Ай бұрын

He ain’t ICT tho

@axilirate9973 Ай бұрын

THOSE INDIANS QUESTIONING ARE KILLING ME LMAO😂

@Brikitherik Ай бұрын

Hope @smbcapital the scammers you aren't policing in Comments are paying you.

@rukudzorameshmhiribidi2645 24 күн бұрын

chill dude they make 8 figures trading

@alexanderargint1396 Ай бұрын

hope no one gonna get offended because i do like this channel a lot, specially the regular traders that explain things but man , trading pshychology must be the most bogus thing invented in this century, how people cant see that you cant think like a winner if your not one is just one thing that i will never get, ill just have a wild guess and say they have no clue what "mindset" and pshychology really means.

@AngelRodriguez-dz8yd Ай бұрын

So… using your own “brilliant” logic those who don’t think like winners will never be winners.. Have you ever met a winner that thinks like a loser? Does that make him a loser then? Oh wait… 🤣

@alexanderargint1396 Ай бұрын

@@AngelRodriguez-dz8yd You wanted to reply for the sake of replying right? cuz ive read your comment 72 times and has nothing to do with what ive sayd, yea you should feel dum but anyway i will gladly adress to what you just ask just to make you feel even more unconfortable so here it is : have i met a winner that thinks like a losser ? yes i have and is called perfect place perfect moment + random event but the guy is clueless about life itself, anything else that you would like to be schooled in ? lmk

@AngelRodriguez-dz8yd Ай бұрын

@@alexanderargint1396 again.. using your logic. 1. youve met a loser that wins= winner 2. you cant think like a winner if you’re not one 3. point 1 according to you means he’s a winner, therefore he thinks like a winner because if he wasn’t he would be losing. 4. You make the anecdote of him winning due to luck, so you believe winners are just lucky? schooling yourself more like..

@AngelRodriguez-dz8yd Ай бұрын

danning kruger effect in action to that person you mention and including your own analysis LOL

@alexanderargint1396 Ай бұрын

@@AngelRodriguez-dz8yd you should stop keyboardwarrioring and go out and experience life, cuz the nonsense that you try to make sense of has 0 value in real world, you are braiwashed by "personal development cult", from the "you met a loser that wins=winner" thing that you just sayd makes everything sense,, you are clueless about how things work in life

@jbh7667 28 күн бұрын

Awful clickbait. Avoid this.

@SethBurden Ай бұрын

This has to be the most discouraging and disappointing video I’ve ever seen for day trading.

@reallyneedthisjobbruh Ай бұрын

he’s dropping gems about patience and the value of learning from others and their experiences, idk what you on twin

@tonynunez6539 Ай бұрын

You lost all credibility when you quoted Ayn Rand. She died extremely depressed and homeless.

@Josh-Jones Ай бұрын

Did Jesse Livermore, who had a terrible end, also have nothing of value to say? Does our finality ending poorly mean that we had nothing to offer? Should you really judge the entire credibility of someone who said one thing you disagree with? Are you really that shallow?

@gcg8187 Ай бұрын

@@Josh-Joneshmm questionable indeed

@kashifali-ug1yk Ай бұрын

Waste of time.. general discussion

@muctellougentertainment6379 27 күн бұрын

You're comment shows how dump You're .

@BiigTitties Ай бұрын

Quoted Ayn Rand. Nuff said

@dme80 Ай бұрын

If one was unsure of the intellectual capacity of this guy, you know now. Shallow as they come...

@BiigTitties Ай бұрын

@@dme80 Your butt does seem shallow, its already hurting

@Josh-Jones Ай бұрын

@@dme80 Your inability to see past your own obvious political biases to see the value in something you disagree with says more about your own intellectual capacity than anything.

@dme80 Ай бұрын

@@Josh-Jones Political views is one thing, but she is just a god-awful writer and calling her a philosopher would be a mad stretch. Quoting her just shows bad intellectual taste. Okay for a 15 year old, who has not read anthing good, but unacceptable for an old guy.