In this Trading Bootcamp I will share everything I've learned about trading in all my years into one, easy to follow playlist that will take you from a beginner in trading to a pro by the end.
Curated by: Trader Mayne (29 videos)
In Episode 25 of the Trader Mayne trading bootcamp, we kick off Phase 5 of the whiteboard series with an uncomfortable question: if the system works, why do the overwhelming majority of traders still lose money? The answer: the system was never the hard part. Every trader who makes it goes through the same three phases, and most of those who quit fail in the same predictable spots. In this episode I break down all three phases, how long each one actually takes, and exactly which mistakes will hunt you in each. That way, when it happens to you, you'll recognize it as a stage instead of a verdict. 🔗 Check out the full Trader Mayne Bootcamp playlist here for every episode in order: https://www.youtube.com/watch?v=OB5kMepCTTQ&list=PLKItFyoma4GeQSNjY7LM5qtEgTFUidxYI 💰Check out Breakout Prop — the #1 most trusted crypto prop firm, founded by me Trader Mayne and now backed by Kraken. Get a funded account and trade with serious capital without risking your own money. Start here and make sure to use CODE: MAYNE at checkout for a discount every time! https://www.breakoutprop.com/ 📲 Connect with Me: Head to https://www.tradermayne.com/home to find everything in one place — all socials, the free newsletter, My Telegram, the public Discord, and The Haven (a premium trading community). Don't miss out. Check out the Newsletter: https://www.tradermayne.com/ict Timestamps: 00:00 - Intro 1:15 - Phase 1: Donation 2:23 - Oversizing 3:07 - Lottery Brain 4:04 - No Measurement 4:36 - How Long Phase 1 Lasts 5:56 - Phase 2: Tuition 7:08 - Your PnL Is Your Progress 8:21 - Overtrading 9:39 - Revenge Trading 10:29 - System Hopping 11:34 - Quitting 12:54 - How Long Phase 2 Lasts 14:22 - Exiting Phase 2: Boredom 15:11 - Phase 3: The Business 17:42 - Oversizing In Phase 3 18:47 - Scaling Up 19:51 - Complacency 20:59 - How Long Phase 3 Lasts 21:55 - Key Takeaways #howtotradebitcoin #ICT #ICTtrading