The Duomo Initiative
The Duomo Initiative
  • Видео 335
  • Просмотров 14 664 637
The Cost of Mediocrity in Your Trading
✅ Free Trading Masterclass: The Logical Formula for Successful Trading: duomotrading.com/FreeMasterclassYT
We uncover the hidden costs of settling for less in your trading development. A simple cost-benefit analysis shows the cost of mediocrity is far higher than the price and sacrifice involved in achieving excellence. We go through the three main negative impacts you'll experience and how we've seen this first-hand with our members (and how we help them avoid it).
Просмотров: 2 433

Видео

Why Your Trading Shouldn't Be Simple (Yet!)
Просмотров 12 тыс.3 месяца назад
Why Your Trading Shouldn't Be Simple (Yet!)
4 Hardest Psychological Barriers in Trading (and How to Solve Them)
Просмотров 5 тыс.4 месяца назад
4 Hardest Psychological Barriers in Trading (and How to Solve Them)
3 Things Full-Time Traders Should NEVER Do
Просмотров 3,7 тыс.4 месяца назад
3 Things Full-Time Traders Should NEVER Do
The Ultimate Trading Superpower You're Not Using
Просмотров 5 тыс.6 месяцев назад
The Ultimate Trading Superpower You're Not Using
Don’t Change Your Trading Strategy Until You Watch This
Просмотров 4,6 тыс.6 месяцев назад
Don’t Change Your Trading Strategy Until You Watch This
Music for Trading Vol.4 (Lofi / Ambient Music for Focus & Concentration)
Просмотров 8 тыс.7 месяцев назад
Music for Trading Vol.4 (Lofi / Ambient Music for Focus & Concentration)
99% of Traders Make This One Simple Mistake
Просмотров 4,9 тыс.7 месяцев назад
99% of Traders Make This One Simple Mistake
Why Your Trading Progress Has Frozen (4 Steps to Fix It)
Просмотров 4,1 тыс.8 месяцев назад
Why Your Trading Progress Has Frozen (4 Steps to Fix It)
Why You Hesitate to Open Trades (And How to Fix It)
Просмотров 6 тыс.9 месяцев назад
Why You Hesitate to Open Trades (And How to Fix It)
Why Your Trading Strategy Limits Your Opportunities
Просмотров 3,6 тыс.10 месяцев назад
Why Your Trading Strategy Limits Your Opportunities
Trading Simulator Crash Course | Ultimate Guide (Beginner - Advanced)
Просмотров 8 тыс.Год назад
Trading Simulator Crash Course | Ultimate Guide (Beginner - Advanced)
The UGLY Truth About Trading
Просмотров 43 тыс.Год назад
The UGLY Truth About Trading
Want Bigger Trading Returns With Lower Risk? Use These 3 Techniques
Просмотров 17 тыс.2 года назад
Want Bigger Trading Returns With Lower Risk? Use These 3 Techniques
Want To Find Better Trades? Stop Making This Mistake
Просмотров 10 тыс.2 года назад
Want To Find Better Trades? Stop Making This Mistake
The Secret to Opening More Trades (Without Overtrading)
Просмотров 7 тыс.2 года назад
The Secret to Opening More Trades (Without Overtrading)
Why Most Traders Will Never Achieve Long Term Success
Просмотров 10 тыс.2 года назад
Why Most Traders Will Never Achieve Long Term Success
Improve Your Trading System With These 10 Questions
Просмотров 9 тыс.2 года назад
Improve Your Trading System With These 10 Questions
The Secret To Letting Your Profitable Trades Run
Просмотров 9 тыс.2 года назад
The Secret To Letting Your Profitable Trades Run
What Happened With My FTMO Verification
Просмотров 42 тыс.2 года назад
What Happened With My FTMO Verification
I Passed the 1st FTMO Challenge (in 1 Week)
Просмотров 53 тыс.2 года назад
I Passed the 1st FTMO Challenge (in 1 Week)
7 Lessons I Wish I Knew Before I Started Trading
Просмотров 54 тыс.2 года назад
7 Lessons I Wish I Knew Before I Started Trading
How To Deal With Drawdowns in Trading
Просмотров 21 тыс.2 года назад
How To Deal With Drawdowns in Trading
My Thoughts on FTMO / Funded Trading Accounts (and Why I'm Doing the Challenge)
Просмотров 73 тыс.2 года назад
My Thoughts on FTMO / Funded Trading Accounts (and Why I'm Doing the Challenge)
This Mental Model Will Transform Your Trading
Просмотров 15 тыс.2 года назад
This Mental Model Will Transform Your Trading
How to Stay Focused Trading Long Sessions
Просмотров 15 тыс.2 года назад
How to Stay Focused Trading Long Sessions
The Simple Trading Rule That Improves Your Entries
Просмотров 18 тыс.2 года назад
The Simple Trading Rule That Improves Your Entries
Why Simple Trading Strategies Seem Profitable When They Aren't
Просмотров 27 тыс.2 года назад
Why Simple Trading Strategies Seem Profitable When They Aren't
Every Beginner Trader NEEDS This Tool
Просмотров 17 тыс.2 года назад
Every Beginner Trader NEEDS This Tool
Why Learning to Trade is So FRUSTRATING for Beginners
Просмотров 21 тыс.2 года назад
Why Learning to Trade is So FRUSTRATING for Beginners

Комментарии

  • @adonukenneth3196
    @adonukenneth3196 Час назад

    Am a beginner

  • @Kabir2885
    @Kabir2885 18 часов назад

    Absolutely right 💯

  • @DiscoTuna
    @DiscoTuna День назад

    So clearly put with an actionable task to help us analyse ourselves. A gold generating video right here.

  • @m.dickinson436
    @m.dickinson436 День назад

    Smart people understand what quality looks like. Keep up the good work Nicholas!

  • @uptowntrader
    @uptowntrader 2 дня назад

    I am trading a funded account currently at phase1 i have enter DD six times and back to BE am about to lose my sane because of the many times i almost lose the account but i managed to get back to break even. Please what should i do sir Thanks you ❤ from Nigeria

    • @josephval01
      @josephval01 2 дня назад

      Are you working against a fixed time for the challenge

  • @sharathsharath1498
    @sharathsharath1498 3 дня назад

    Nice vedio but i am still struggling from four years 10 out of 7 trade will be success but remaining 3 trade will wash all my 7 wining trade and finally i will be in big loss😢

  • @pubguc6771
    @pubguc6771 3 дня назад

    All world banking system in the hunder rules regulations policy of general scientist globally peace

  • @pubguc6771
    @pubguc6771 3 дня назад

    World bank imf international monetary fund closing before funding return

  • @simisondebele5867
    @simisondebele5867 3 дня назад

    It feels like I wasted a day if i did not open a position

  • @thomashenshallhydraxis
    @thomashenshallhydraxis 4 дня назад

    Bitcoin will probably be the next currency for petrodollar petro-coin

  • @cryptokuloon
    @cryptokuloon 5 дней назад

    😂😂😂😂 😂😂😂😂 😂😂😂

  • @cryptokuloon
    @cryptokuloon 5 дней назад

    😮

  • @gunzemperolagahit196
    @gunzemperolagahit196 5 дней назад

    Every algo there is is a mechanical system. It cannot make discretionary decisions but it works, therefore, mechanical trading works.

  • @ramon4651
    @ramon4651 6 дней назад

    Facts

  • @SandeepS11482
    @SandeepS11482 6 дней назад

    I observe that my brain feels foggy during trading hours. A mechanical system actually helps me in executing my trades. But I want to become better and be adaptive in live market. Can you share any tips to think clearly while trading?

  • @harivindran4426
    @harivindran4426 7 дней назад

    I ❤ all your animation + trading advice.

  • @j.vincent3801
    @j.vincent3801 7 дней назад

    Interesting 🤔

  • @leaderoflions
    @leaderoflions 8 дней назад

    Facts!

  • @aironwinds
    @aironwinds 8 дней назад

    Well it happened the United States is off the petrodollar and the collapse is around the corner god speed

  • @EnmaCreed-dx8xc
    @EnmaCreed-dx8xc 8 дней назад

    The market discount everything

  • @Argumentiveableish
    @Argumentiveableish 9 дней назад

    YES! If you're treating strategy isn't put into an algorithm and back tested multiple years, then you're literally going to lose all of your money no matter what. I made some really risky trades on crypto, but only because I was able to make an algorithm that literally never lost money even during major dips.

  • @JimboJones-ld7el
    @JimboJones-ld7el 9 дней назад

    It just happened

  • @chrisgarcia8702
    @chrisgarcia8702 10 дней назад

    dont know where to start but im starting... Tired of being a sheep of the system.

  • @mattruffner2463
    @mattruffner2463 10 дней назад

    pretty funny that the petrodollar agreement ended under the POS democrat biden.... and all you trump haters though he was the bad guy.

  • @gh8066
    @gh8066 10 дней назад

    how do i go about estimating probabilities my guy?

  • @TK_Trades
    @TK_Trades 11 дней назад

    Just watched your video. From start to finish. Enjoyed it all! Thanks for sharing.

  • @gh8066
    @gh8066 11 дней назад

    took me over a year of intense learning, pain, and back to the drawing board moments before arriving at the less is more stage

  • @ThebearsWin1-3
    @ThebearsWin1-3 11 дней назад

    I’ve seen cue banks in a 300 thousand draw done , and I’m sure he’s a better trader than you .. draw done is inevitable, learn how to cut losses

  • @harris.M
    @harris.M 11 дней назад

    your videos are always insightful

  • @myhustlerarmy.11
    @myhustlerarmy.11 12 дней назад

    Best video i saw on RUclips so far😵‍💫

  • @jerrychin6299
    @jerrychin6299 12 дней назад

    Little thought is given to the money management strategy. That is a mistake because a money management strategy will help you manage your balance so you can get through bad patches and maximize winning streaks. To illustrate this further, let’s look at an example of someone who doesn’t have a money management strategy. Because of this they invest 10% of their balance on a single trade. If that trade losses, they will need a 20% gain on their account balance just to break even. If they lose three trades in a row, they will need a 30% gain on their account balance just to break even. You can see how this can easily creep up - a common losing streak of three in a row could see the account balance of that trader drop by 30%. When you consider the fact that many losing streaks are much longer than three-in-a-row, you will appreciate how important a money management strategy is. Without Expert Trader CHARD WILLIAMS, your account balance is at risk of hitting zero, even if you have a good trading strategy in place.whaTSAPP + .5. 4.9.1.1.6.0.3.3.5.1.3.6 .for trade assistance.

  • @benheyward9057
    @benheyward9057 12 дней назад

    being a professional trader now for 3 years, everything you said hit home, excellent video

  • @marsra8331
    @marsra8331 12 дней назад

    im finding that aside from a little of skew leveraging that u need 5-6 figures to safely take advantage of.. the risk of taking a position is always the same.. the reason for this is the sheer magnitude of players in the market. Any position whether its a hedged or open position has roughly the same possibility of making or losing.. so the question really becomes how much did I pay or give up to feel comfortable?

  • @anasiii1918
    @anasiii1918 12 дней назад

    Hope ppl see this before making any trading decision

  • @irvingitter1986
    @irvingitter1986 13 дней назад

    Someone has contacted me about investigating in binary options and Bitcoin mining. I know nothing about investing. Before I would invest of course I would do some investigating. So I went to RUclips and your video was the first one that popped up. KUDOS to you. It was very informative and you definitely know your stuff. I would probably be that beginner guy you talked about. Make money in the beginning and then to lose it. I see the video was made in 2016. I am very curious. Either you are a very rich man right now or a pauper like me. I am trying to take a few dollars and dream of becoming a millionaire. I hope you are a millionaire living a life of luxury reading this on Waikiki Beach Oahu, Hawaii. Thanks for making and sharing your video. Good Vibes!

  • @one-rv2bx
    @one-rv2bx 13 дней назад

    Like you even more now after learning you're a metal lover

  • @Adeyemi201
    @Adeyemi201 13 дней назад

    Great video Nicholas!! However, you didn't tell us how to handle the psychological drain of not making progress with meaningful work. Any tips are welcome.

    • @one-rv2bx
      @one-rv2bx 13 дней назад

      Breakdown your goals into smaller more achievable tasks

  • @Fret-knot
    @Fret-knot 13 дней назад

    This certainly resonates with me. Eight years of trading and now I'm finally finding some success... The last three years or so have been the most intense. Necessity dictated the need for me to level up.... And the worst thing about the last 8 years.... my guitars have also been sitting on the rack gathering dust.... 😆 I've finally reached the stage where I can focus some time back into my guitar playing. It'll take a while just to get back to square one, but you can't do it all, so you have to prioritise. Trading and training have been my two priorities over the last few years.

    • @Duomoinitiative
      @Duomoinitiative 13 дней назад

      Glad you're finding success after such a long journey. It's great that you can now return to your guitar playing. Balancing passions is tough, but definitely worth it.

    • @j.vincent3801
      @j.vincent3801 12 дней назад

      Thanks for this comment, I'm 24 now, was first introduced to trading when I was 17, not been easy for me but now I've hit a breakthrough and hopefully I'll stick to my trading plan and achieve consistency

    • @j.vincent3801
      @j.vincent3801 12 дней назад

      I've also got a guitar collecting dust in my cupboard lol, hope I can get back into it

  • @b1gw1lly65
    @b1gw1lly65 14 дней назад

    Love your videos man! Your vids always resonate with me. I definitely need to revisit Atomic Habit.

  • @Wads1988
    @Wads1988 14 дней назад

    Love this! Needed to hear it 👏

  • @JESS-CH
    @JESS-CH 14 дней назад

    "The cost of Mediocrity is far higher than the price of Excellence." I love it. 🔥

  • @user-mf3rz8tz6p
    @user-mf3rz8tz6p 14 дней назад

    Shuldve got out of stocks ans in to real estate in the 1930s, like his peer Joseph Kennedy Sr,, imagine of he invested millions in new york real estate during the depression? With $100M he wouldve picked up everything for pennies,, ans since cash was kind because of deflation in the 30s that money was highly valuble and prices came down rapid becz of cash being rare... How do you fck up suck a fortune,, my God Greed

  • @ethanethan1198
    @ethanethan1198 16 дней назад

    I remember when covit hit I said yeah my brother did cover this😊

  • @ethanethan1198
    @ethanethan1198 16 дней назад

    The was a video you did in a snow with a blue maserati it use to inspire me big time😊

  • @j.vincent3801
    @j.vincent3801 16 дней назад

    Pain is a necessity on the path to greatness

  • @user-dg5pl8jc9t
    @user-dg5pl8jc9t 17 дней назад

    Did you ever withdraw the $8000 you made on binary ontions? If yes, was it an easy process?

  • @israelmondowin1481
    @israelmondowin1481 17 дней назад

    I like your videos ❤

  • @Chakaaaa
    @Chakaaaa 17 дней назад

    4.4

  • @davidsoyeren683
    @davidsoyeren683 19 дней назад

    For real? Interesting video...

  • @j.vincent3801
    @j.vincent3801 20 дней назад

    My version of this is forgetting to set a tp, price smashes tp then retraces heavily before I notice 😂 end up watching the wick of what could have been huge win

    • @Duomoinitiative
      @Duomoinitiative 17 дней назад

      If you're not able to be on the charts, then a set-and-forget approach with a stop loss and take profit is a must!