welcome to the trading with Venus podcast where we help you establish
strong trading habits generate consistent profits and create the
lifestyle you desire for yourself and your family now your host Raman Gill
welcome to another episode of trading with Venus podcast I am your host of
Raman Gill so you may have noticed recently that I have been going in a
slightly different direction so I've made changes in my business and I'm also
making changes in how I'm doing things so today I wanted to talk to you about
what's going on with me and why I'm making these changes and what to expect
from me going forward so first of all I decided to put
everything out there a lot of times we see just the good parts of trading
everybody shows how much their money they're making how great trading is and
we get caught up in this dream of becoming a full-time trader and we're
gonna make millions of dollars whereas the reality is quite different it's like
being a business person of an entrepreneur where you see the glamour
everywhere everybody's talking about the money that you can make being an
entrepreneur but what about the day to day grind it's not all rainbows and
unicorns it's the the reality is very different than what it's made out to be
so it's not the glamorous life so definitely there are good parts of it
so I am here recording this video in the middle of a Friday afternoon now if you
had a full time job it wouldn't be able to do that so it does allow me certain
things certain lifestyle choices that I'm able to make for example going for
walks in the middle of the day I love walking and now with finally we have
spring here there's still snow on the ground however we have nice sunny day
today so I'm gonna go out for a walk it allows me to do that allows me to do
other things in the middle of the day for example if I'm gonna go shopping I
can go shopping in the middle of the day I can go pick up my kids when I need to
I don't have to ask anybody's permission in order to be able to do those things
so it does fold you a lot of lifestyle lifestyle
choices however there is the other side of it as well I do wake up in the middle
of the night when everybody is sleeping I'm awake I am trading the London
session being in the central time zone here where it's the middle of the night
so I do have to do that and I have to go to bed super early because I need to be
up in the middle of the night so those are the parts that nobody talks about
everybody talks about the lifestyle however what about the grind what about
the day-to-day when things just don't go right
doesn't matter what trade you take it just sucks the market goes in completely
opposite direction or you're tired and every single thing you do seems to just
fall flat on its face what do you do during those situations so what I've
decided to do is really talk about those things I'm a full time trailer and I
love being a full-time trader and I love trading I'm passionate about trading
what I have decided to do is be the best Forex trader in the world
and that is an audacious goal to set especially for a retail trader like
myself who just rates her own account and makes a living out of that because I
have no support there is not a big team behind me to do the analysis for me
there is really no fancy software that I have that gives me signals and there is
a no team of people who will manage my risk and who will control the different
parameters around my trading so it's just me myself and I so how do you
manage your life and how do you become a good trader while you are trying to do
this so when you're on in a full-time job you usually have your manager that
you're accountable to in this business of being a full-time trader there is
nobody to hold you accountable there's nobody to check how much risk you are
taking there's nobody to shut you down as you just go down that slippery slope
of ruining your account and blowing your account so how do you become really good
at your passion at your career of choice while you are fighting all
these things most people in our industry talk about trading strategies technical
analysis and tools like that how it's kind of like going to a flight school
you go to a flight school and you sign up for flying lessons they will teach
you the different instruments in the plane they will teach you how to take
off they'll teach you how to land the plane safely however it is a very hard
for somebody to teach you what to do and nobody really teaches you how to become
a fighter pilot when you're up there when you are being shot at by different
different people and everybody's trying to bring you down because that's their
job and you're trying to maneuver your way out of a tricky solution and you're
trying to maneuver your way out of a tricky situation and your job is to land
safely not only is your job to learn safely but you need to survive in order
to fly that plane again and that's what trading is like we get into these
situations we have no control over what comment Kearney is going to make we have
no no control over what tweet will get sent out we have no control over who
comes in with a big order that will completely take our trade out yet that
is the reality of trading is not just about setups as important as they are
it's about managing your psychology having self-discipline and then also
realizing when you're in a sticky situation and how can you get out of it
with everything in tact so you can live to play another day so going forward
this is what I have decided I am going to of course keep on doing our technical
analysis and 10,000 trade show and other videos like that where I teach you the
technicals and things that you need the skills that you need to become a good
trader but what I will also talk about and bring out more authentically and on
I will talk about what the life is like the good bad the ugly
we will talk about when they're difficult situations when I lose money
in the in the markets what happens in the market and the days when you are not
feeling good good enough to take a trade when you're just drained and things like
that so how do you get around those issues because those things are very
very important because you cannot be your best and perform your best if
you're not feeling your best so we'll talk about all the situations we'll talk
about how to get around them or what kind of situations you can expect and
isolation is another thing when you're sitting at home trading on your own in
your pajamas you don't even get up and put makeup on you that you've got
nothing you have nobody to talk to what do you do so how do you hold our
yourself accountable how do you stay motivated what do you need to do in
order to bring all of that together so that you can have a successful career as
a trader so we will do a lot of that that's it for now hope you enjoy this
episode I'll be back again with more wonderful things have a great trading
week I'll see you next time thanks for joining us today with much gratitude
your show host Raman Gill
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