The Duomo Initiative
The Duomo Initiative
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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).
Переглядів: 2 589

Відео

Why Your Trading Shouldn't Be Simple (Yet!)
Переглядів 12 тис.3 місяці тому
Why Your Trading Shouldn't Be Simple (Yet!)
4 Hardest Psychological Barriers in Trading (and How to Solve Them)
Переглядів 5 тис.4 місяці тому
4 Hardest Psychological Barriers in Trading (and How to Solve Them)
3 Things Full-Time Traders Should NEVER Do
Переглядів 3,7 тис.5 місяців тому
3 Things Full-Time Traders Should NEVER Do
The Ultimate Trading Superpower You're Not Using
Переглядів 5 тис.6 місяців тому
The Ultimate Trading Superpower You're Not Using
Don’t Change Your Trading Strategy Until You Watch This
Переглядів 4,6 тис.7 місяців тому
Don’t Change Your Trading Strategy Until You Watch This
Music for Trading Vol.4 (Lofi / Ambient Music for Focus & Concentration)
Переглядів 8 тис.8 місяців тому
Music for Trading Vol.4 (Lofi / Ambient Music for Focus & Concentration)
99% of Traders Make This One Simple Mistake
Переглядів 5 тис.8 місяців тому
99% of Traders Make This One Simple Mistake
Why Your Trading Progress Has Frozen (4 Steps to Fix It)
Переглядів 4,1 тис.8 місяців тому
Why Your Trading Progress Has Frozen (4 Steps to Fix It)
Why You Hesitate to Open Trades (And How to Fix It)
Переглядів 6 тис.9 місяців тому
Why You Hesitate to Open Trades (And How to Fix It)
Why Your Trading Strategy Limits Your Opportunities
Переглядів 3,7 тис.11 місяців тому
Why Your Trading Strategy Limits Your Opportunities
Trading Simulator Crash Course | Ultimate Guide (Beginner - Advanced)
Переглядів 8 тис.Рік тому
Trading Simulator Crash Course | Ultimate Guide (Beginner - Advanced)
The UGLY Truth About Trading
Переглядів 44 тис.Рік тому
The UGLY Truth About Trading
Want Bigger Trading Returns With Lower Risk? Use These 3 Techniques
Переглядів 17 тис.2 роки тому
Want Bigger Trading Returns With Lower Risk? Use These 3 Techniques
Want To Find Better Trades? Stop Making This Mistake
Переглядів 11 тис.2 роки тому
Want To Find Better Trades? Stop Making This Mistake
The Secret to Opening More Trades (Without Overtrading)
Переглядів 7 тис.2 роки тому
The Secret to Opening More Trades (Without Overtrading)
Why Most Traders Will Never Achieve Long Term Success
Переглядів 10 тис.2 роки тому
Why Most Traders Will Never Achieve Long Term Success
Improve Your Trading System With These 10 Questions
Переглядів 9 тис.2 роки тому
Improve Your Trading System With These 10 Questions
The Secret To Letting Your Profitable Trades Run
Переглядів 9 тис.2 роки тому
The Secret To Letting Your Profitable Trades Run
What Happened With My FTMO Verification
Переглядів 42 тис.2 роки тому
What Happened With My FTMO Verification
I Passed the 1st FTMO Challenge (in 1 Week)
Переглядів 53 тис.2 роки тому
I Passed the 1st FTMO Challenge (in 1 Week)
7 Lessons I Wish I Knew Before I Started Trading
Переглядів 55 тис.2 роки тому
7 Lessons I Wish I Knew Before I Started Trading
How To Deal With Drawdowns in Trading
Переглядів 21 тис.2 роки тому
How To Deal With Drawdowns in Trading
My Thoughts on FTMO / Funded Trading Accounts (and Why I'm Doing the Challenge)
Переглядів 73 тис.2 роки тому
My Thoughts on FTMO / Funded Trading Accounts (and Why I'm Doing the Challenge)
This Mental Model Will Transform Your Trading
Переглядів 15 тис.2 роки тому
This Mental Model Will Transform Your Trading
How to Stay Focused Trading Long Sessions
Переглядів 15 тис.2 роки тому
How to Stay Focused Trading Long Sessions
The Simple Trading Rule That Improves Your Entries
Переглядів 18 тис.2 роки тому
The Simple Trading Rule That Improves Your Entries
Why Simple Trading Strategies Seem Profitable When They Aren't
Переглядів 27 тис.2 роки тому
Why Simple Trading Strategies Seem Profitable When They Aren't
Every Beginner Trader NEEDS This Tool
Переглядів 17 тис.2 роки тому
Every Beginner Trader NEEDS This Tool
Why Learning to Trade is So FRUSTRATING for Beginners
Переглядів 21 тис.2 роки тому
Why Learning to Trade is So FRUSTRATING for Beginners

КОМЕНТАРІ

  • @DailyAIguy
    @DailyAIguy День тому

    "I was close to getting funded" are words so many of us have uttered.

  • @ItsJeffbeloved
    @ItsJeffbeloved 5 днів тому

    Who is here because they want to continue their good practices and discipline and have been profitable 😊

  • @gh8066
    @gh8066 5 днів тому

    all of this is so true :'(

  • @CSkymen
    @CSkymen 5 днів тому

    Great approach to the problem, thanks for the video.

  • @papayatgoal
    @papayatgoal 9 днів тому

    Im struggling almost 1 year and a half of losing money. but still motivating that one day my time will come

  • @uptowntrader
    @uptowntrader 11 днів тому

    Story of my prof firm life in lessth 1minute 😅😅

  • @imthiyasm2986
    @imthiyasm2986 11 днів тому

    Superb 🎉

  • @adonukenneth3196
    @adonukenneth3196 11 днів тому

    Am a beginner

  • @Kabir2885
    @Kabir2885 12 днів тому

    Absolutely right 💯

  • @DiscoTuna
    @DiscoTuna 13 днів тому

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

  • @m.dickinson436
    @m.dickinson436 13 днів тому

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

  • @uptowntrader
    @uptowntrader 14 днів тому

    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 14 днів тому

      Are you working against a fixed time for the challenge

  • @sharathsharath1498
    @sharathsharath1498 15 днів тому

    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 15 днів тому

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

  • @pubguc6771
    @pubguc6771 15 днів тому

    World bank imf international monetary fund closing before funding return

  • @simisondebele5867
    @simisondebele5867 15 днів тому

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

  • @thomashenshallhydraxis
    @thomashenshallhydraxis 16 днів тому

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

  • @cryptokuloon
    @cryptokuloon 16 днів тому

    😂😂😂😂 😂😂😂😂 😂😂😂

  • @cryptokuloon
    @cryptokuloon 16 днів тому

    😮

  • @gunzemperolagahit196
    @gunzemperolagahit196 17 днів тому

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

  • @ramon4651
    @ramon4651 18 днів тому

    Facts

  • @SandeepS11482
    @SandeepS11482 18 днів тому

    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 19 днів тому

    I ❤ all your animation + trading advice.

  • @j.vincent3801
    @j.vincent3801 19 днів тому

    Interesting 🤔

  • @leaderoflions
    @leaderoflions 19 днів тому

    Facts!

  • @aironwinds
    @aironwinds 20 днів тому

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

  • @EnmaCreed-dx8xc
    @EnmaCreed-dx8xc 20 днів тому

    The market discount everything

  • @Argumentiveableish
    @Argumentiveableish 21 день тому

    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 21 день тому

    It just happened

  • @chrisgarcia8702
    @chrisgarcia8702 22 дні тому

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

  • @mattruffner2463
    @mattruffner2463 22 дні тому

    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 22 дні тому

    how do i go about estimating probabilities my guy?

  • @TK_Trades
    @TK_Trades 22 дні тому

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

  • @gh8066
    @gh8066 23 дні тому

    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 23 дні тому

    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 23 дні тому

    your videos are always insightful

  • @myhustlerarmy.11
    @myhustlerarmy.11 23 дні тому

    Best video i saw on UA-cam so far😵‍💫

  • @jerrychin6299
    @jerrychin6299 23 дні тому

    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 23 дні тому

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

  • @marsra8331
    @marsra8331 24 дні тому

    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 24 дні тому

    Hope ppl see this before making any trading decision

  • @irvingitter1986
    @irvingitter1986 24 дні тому

    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 UA-cam 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 24 дні тому

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

  • @Adeyemi201
    @Adeyemi201 25 днів тому

    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 24 дні тому

      Breakdown your goals into smaller more achievable tasks

  • @Fret-knot
    @Fret-knot 25 днів тому

    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 25 днів тому

      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 24 дні тому

      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 24 дні тому

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

  • @b1gw1lly65
    @b1gw1lly65 25 днів тому

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

  • @Wads1988
    @Wads1988 26 днів тому

    Love this! Needed to hear it 👏

  • @JESS-CH
    @JESS-CH 26 днів тому

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

  • @user-mf3rz8tz6p
    @user-mf3rz8tz6p 26 днів тому

    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 27 днів тому

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