225: The "Real Reason" 95% of Traders Fail & How To Be The 5% Who Don't

Join me in this captivating video podcast as I sit down with Tyler Malone, a full-time Forex trader who has spent years refining his craft. Full episode + show notes: https://tradingnut.com/tyler-malone-2/ Key moments - [09:48] 95% of trader fail and we accept that as the truth. - [11:41] Control what you can. Let go of what you can’t. - [12:33] People say trade like a robot and they think that means trade emotionless. That’s not actually what it means. It means trade and make-decisions like a robot would. - [13:46] Discipline, patience, consistency, trusting you process, all these things that feel good when you hear them but don’t actually make you good, they are outcomes. - [16:47] You don’t need to know any more than you already know. - [17:09] You become disciplined, at the same you become a successful trader. - [17:36] In order to take the skill to get the outcome, what we have to do is find out which actions and habits are required to repeat over and over again to achieve that outcome. - [20:04] Actions and patterns are what make you who you are. - [21:58] When we can quantify or put numbers to a behavior or to an action or a habit, that’s when everything changes. - [22:28] Data acquisition is the most important part of trading. - [22:59] If you can’t trade the strategy as supposed it should be traded, you will never make the money that you’re promised when you’re backtesting. - [26:14] The key to trading is to always be able to take the next trade according to the rules. Watch: https://www.youtube.com/watch?v=ONZTK7AWmPg --- Sponsors BlackBull Markets - 100% deposit bonus & free TradingView — NZ-regulated broker. https://tradingnut.com/go/blackbull/ PropFirmMatch - Find the right prop firm challenge — PropFirmMatch.com https://tradingnut.com/go/pfm/ --- More from Trading Nut Strategy Vault - Free guest setups organised by market & method. https://tradingnut.com/go/vault/ TraderZen - Free trade control & mindset app for active traders. https://tradingnut.com/go/traderzen/ Dynamic Traders Club - Free 7-minute rule strategy — mechanical intraday setup. https://tradingnut.com/go/dtc/ --- Educational only - not financial advice. Risk: https://tradingnut.com/disclaimers/ Some links are affiliate partnerships.