Episode 3: WHAT TRADING IS NOT

Episode 3: What Trading is Not – Dispelling Common Myths

In this episode of the Delusional Trader Podcast, we challenge common misconceptions about trading and highlight what trading is not.

This episode covers:

• The Recipe for Failure: Understand why most trading books and online content fall short by focusing on strategies that represent only 10% of what it takes to be successful.

• Misleading Online Content: Learn why following chart patterns and trading strategies from YouTube videos is delusional and contributes to the 98% failure rate among retail traders.

• The Importance of Psychological Preparation: Discover why 90% of trading success lies in understanding yourself and developing the psychological skills to handle market challenges.

• Respecting the Profession: Recognize the importance of treating trading as a serious profession that requires extensive training and commitment, much like becoming a doctor or pilot.

• Evaluating Your Motivations: Reflect on your reasons for trading and ensure they are conducive to long-term success, rather than a misguided belief in quick riches.

By the end of this episode, you'll have a clearer understanding of the true nature of trading and the essential elements required for success. Whether you're new to trading or looking to improve your approach, this episode will help dispel common myths and set you on the right path.

Tune in, subscribe, and continue transforming your trading journey.