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Financial Trading Mastery
Live
Vince Stanzione
1
Why 90% of traders LOSE money and how to PROFIT from themBy Vince Stanzione
To learn more go to: www.fintrader.net
Financial Trading Mastery Live
Vince Stanzione
2What Do Losing Traders Do?We can Learn a lot from Losing Traders
2
OvertradingToo big a position for
account size. Trading
markets they cannot
afford - using the wrong
product
Taking Profits too
soonMessing around with trades for no reason – boredom –listening to TV and chatroom “experts” using apps
Taking Losses
too soon Death by 1000 cuts – Too
scared to let a trade run –
quick to change conviction
– easily swayed (happens
when overtrading)
Not admitting your
wrong – sunk costsAdding to losing trades –
making money back in the
same market they lost it
Wild mood swings - overall very unhappy
Financial Trading Mastery Live
Vince Stanzione
3What Do Losing Traders Do?We can Learn a lot from Losing Traders
3
No real plan -
purpose - self
destruction
burnout within 6
months
Trading to EscapePersonal problems -
Trading for therapy - Out of
balance
Victim MentalityI only have a small
account - I cannot trade
like you - blame game -
Brokers cheated me
Never happy Should have, could
have, would have -
if only
Poor discipline
Financial Trading Mastery Live
Vince Stanzione
4
Client sentiment
Note: Check IG for current
reading
Overall retail clients are wrong – This works best on the 10 markets most losing traders
trade. Remember a stock I have mentioned in an update will have an effect on the
sentiment
10 markets this works best on Dax, Wall Street, FTSE100,S&P EUR/USD, GBP/USD, GBP/EUR,
EUR/JPY, OIL, GOLD
Financial Trading Mastery Live
Vince Stanzione
5
5
“The investor’s chief problem
and even his worst enemy is
likely to be himself.” – Benjamin
Graham
Financial Trading Mastery Live
Vince Stanzione
6
Day to day markets may be random but longer term there are trends and patterns – 20 years of back to back profits has to be more than luck
I have spent years developing my systems the big influences to me:
Richard Donchian – price channels –Turtle traders
David Harding – Winton Capital – is the “H” in AHL sold to Man Group – trend trading
Stock Traders Almanac – Seasonality
Jesse Livermore - Nick Darvas –Trending – Price behaviour -psychology
Financial Trading Mastery
Live
Vince Stanzione
7
Why 90% of traders LOSE money and how to PROFIT from them
By Vince Stanzione
Thanks for watching
To learn more go to: www.fintrader.net