Transcript:

we're goodIs winning all that matters?Day trading, swing trading, stocks, options,Forex, futures, cryptocurrency.Is that the only thing that truly matters?And if you're saying, "Well, yeah, Clay,it's all about winning."I understand your perspective,and I wanna just kind of maybe throw some things out there,give you some things to consider.And this came about, and I'm pretty sureI've done videos like this over the years, but I don't know,I've been doing this since 2013.So sometimes I forget what videosI have done and haven't done.But regardless, this is a topic that,I mean, I would say it deserves to be talked aboutevery so often because it's a very common thought,but it's a little too simplifiedand there's lots, there's kind of little nooksand crannies within it that you need to be made aware of.So I got a post on social media from somebody.And Keith says,"They said it best in "The Fast and Furious".It doesn't matter if you win by an inch or a mile,winning is winning."And I get what you're saying, Keith,but I'm gonna have to respectfully disagree with you.Winning is not winning.Winning is not all that matters.It is how you win that matters.What do I mean?Well, let's just go through this real quick,let me lay out a scenario.So we have Tom.Tom goes out thereand he's just boozes it up, right?So he has all sorts of booze.So Tom, now all of a sudden becomes like this.Now he's got the X eyes, he doesn't know what's going on.He's just, Tom's a disaster.He goes out there,presses some buttons says, that looks good.I'm gonna go, okay, bye.Oh yeah, that looks good.I'm gonna sell. And you know what?He makes money, right?Tom wins.Is that like a viable long-term strategy?Of course, it's not. Now I'm being silly.I'm taking something very bizarre,very strange to illustrate the point though,that it's not the factthat just because you win, hey, that's all that matters.Winning is winning, that's no, no, no.It's gotta be, how are you winning?How are you generating that win?In other words,what is the actual, right down here, process, right?What was the process that went into play to create that win?If it was a process filled with bad habits,filled with randomness, filled with just random guesses,that process, sure, it's gonna create wins.And that's the tricky part of the market is themarket will gladly give you wins every nowand then even if you behave badly, even if you just gamble,even if you just don't really have a strategy at all,even if you have a terrible processthe market will still give you wins.But that doesn't meanthat those wins are actually justifiable.That doesn't mean those wins are actually repeatableor that's gonna take place over the long haul.And that's a spot that gets a lot of people messed upbecause, and those people, they're not wrongfrom a rationality standpoint right?It's a logical thought process to have I made a trade,I won, therefore I did something right.That's totally valid.That's extremely rational thought process to have.But welcome to the challenging worldof trading where rational thought processesare very deceiving.And in this situation, it can be very deceiving.So what you need to always focus onand why you need to always be on guard,even if you do win, always come backand ask yourself this question, you know, check this box.How was the process?And be honest with yourself.It's okay for like, you know, I got lucky there.I totally should not have done thatand yet worked out this time, but that wasn't good.That's fantastic, that you're being honest with yourself,because guess what?When you're honest with yourself, when you're honestabout the process that maybe led to a win,then you can actually fix those problems.You can, you know what you need to focuson in order to make yourself a better trader,but please don't fallinto this blanket mentality of, hey, green is green.You can't go broke taking a profit.Winning is winning. Winning's all that matters.Yeah, maybe in that particular trade,but within a grand scope of things, if your process is offit's not gonna end well,you're not gonna have consistent wins.And as traders, that's what you should be after.That's what trading is all about.Not winning all the time.Of course not losing all the time,but you want to have consistency.You want to be able to make surethat you have a process that's gonna yield you,not necessarily wins,but that's gonna yield you risk management.That's gonna yield you risk control.We should, yeah, within the bigger picturewill lead to overall wins.But you can't just look at thingsfrom too broad of an aspect of things or, you knowfrom too broad of a viewpointbecause then you can start to make excuses for yourself.You can start the lie to yourself.You can think you got things figured out.Another way to put it,you know, this can lead to fool's gold, right?Where you think you have it all figured outbut then eventually, oh, I guess I didn't have itfigured out because a win is not a win because yeah,everything I was doing to create those wins,yeah, it just didn't work out.And not only did it not work outit just crushed all my previous gains.I mean, I've been there before where you're making moneythen all of a sudden, just like that,like where'd all my gains go?And they're gone.So just keep that in mind.And Keith, like I said, I get what you're saying.I understand your mentality.But yeah, I would saythat it's how you win that matters most.And that's gonna make a big difference.One simple word.Well, how are you winning?And that will change everything up.So if you enjoyed this video, a couple of quick thingsfirst off hit that like button, leave a comment down below.I don't know, share any experiences you've had.Have you ever had a situation where you're winningand you kind of adopt the mentalityhey, winning is all that matters,but then you ultimately learn the hard way.I mean, like I said, I, you're not alone.I've done it.And it's just one of those things whereit happens way more than I think people probably admit to.So yeah, leave any of those experiences down below,but also check out the channel as a whole.There's a good variety of videos, live trade videos,other videos like this, so a good variety.And if you like what you seeI'd love to have you hit that subscribe buttonand become a subscriber of the channel.But yeah, thanks for watching.And remember, get out there, a win is not a win.It is how you win.First off, thanks so much for watchingthe entire video.Real quick before you go,I want to invite you to a live webinar,web class, training, workshop, online event,whatever you want to call itbut it will be me live revealing to youwhat I have discovered that has allowed meto transform myself from being an employeeto being my own boss,including how I had only one losing dayout of 73 days in total.I'm going to cover three keys that havehelped me unlock profitable consistency within the markets.The first key is super weird,but in a productive type of way,the second key is super awesomebecause it quite literally is wired into our DNA as humans,making it very easy to use, but in a cruel waythis becomes a pitfall for many traders.I'll explain it all thoughincluding how to avoid the pitfall that it creates for some.And yeah, the third key when you hear it,sounds way too good way too good to be true, but it's not.And I'll show you how it all works.Then at the end, I open it up for a questionand answer session that is again, totally live.Even if you can't make the live session,please still sign up as it will be recorded,and you can go back and watch the replaythat I will send you.Click the image on the screen or click the link downin the description box.So you can get the date and time and claim your spotwhich I should note is limited dueto the fact that this truly is a live event.If you have any questions, let me know.If not, I'll be seeing you soon.