In this episode of The Profit Factor ... Discover how Jon (aka Twi$tz) finds the highest probability trade setups using 16 years of historical statistical data to create an edge that produces clear, accurate entry and exit opportunities. Twi$tz is a member and leader in the M7 Academy community (https://themas7er.com/). You're going to learn how someone went from ZERO trading experience to consistently profitable in less than a year. So, what's in this episode? All kinds of great stuff, like ... what Twi$tz gets obsessed about how long was his longest losing streak what's more important to him than hitting the gym who he talks to more than his own family what he really believes about failure what made Twi$tz cry And all of these things combined are not just relevant to trading, but have been keys to his trading success. Listen in on a great episode with an awesome guest.   Want more? https://www.youtube.com/playlist?list=PLUIFLIRztQ-aXyiyBV6COzj1OsRrqx7kH to watch the livestreams for this podcast. https://www.youtube.com/@theprofitfactor for some great videos on edge, process and mindset. https://www.gettheprofitfactor.com to get coaching and accelerate your journey to profitability. https://jo.my/1x1-coaching  to book a 1x1 with me and get coaching on your edge, process or mindset.

In this episode of The Profit Factor ... Step inside the world of trading mastery in our latest episode, where we dive deep into the strategies and insights that separate the winners from the rest. Join us for a captivating Q&A session where we address the burning questions every trader wrestles with. Explore the crucial moment when knowing precisely when to walk away can spell the difference between profit and peril, and unravel the intricate steps for gauging the efficacy of your trading system. Drawing directly from our dynamic YouTube chat, this episode uncovers insider secrets, hard-earned wisdom, and actionable advice straight from the trenches of the trading floor. Gain invaluable insights into the psychology of trading, risk management strategies, and proven techniques for staying ahead of the curve. Whether you're a seasoned trader or just starting your journey, this episode promises to arm you with the tools and knowledge you need to thrive in the unpredictable world of trading. Tune in now and embark on a journey to trading mastery!  Here are some highlights from the episode: Knowing when to walk away for the day is crucial in trading. It helps prevent emotional decision-making when facing losses. Sometimes, walking away is the best decision you can make to protect your capital and mental well-being. Validating your trading system involves rigorous testing and analysis. It's not just about backtesting; forward testing and real-time monitoring are essential too. Don't just rely on past success; continually evaluate and refine your trading system to adapt to changing market conditions.   Want more? https://www.youtube.com/playlist?list=PLUIFLIRztQ-aXyiyBV6COzj1OsRrqx7kH to watch the livestreams for this podcast. https://www.youtube.com/@theprofitfactor for some great videos on edge, process and mindset. https://www.gettheprofitfactor.com to get coaching and accelerate your journey to profitability. https://jo.my/1x1-coaching  to book a 1x1 with me and get coaching on your edge, process or mindset.

In this episode of The Profit Factor ... Imagine trading the NQ with a 3 point stop loss and then absolutely kill it consistently! That's just one of the things we learned about Julianne. Julianne went from wedding photographer to trader, focusing on one of the wildest instruments- NQ futures. In this episode, we explore the key factors that helped Julianne attain consistent success. We talk about mindset and the role that plays in trading. Julianne drops a bombshell about her risk management. And, we answer questions from the YouTube chat.  This is one of my favorite episodes. In it, I called Julianne a unicorn. Tune in to find out why and learn from someone who is mastering the trading profession, one trade at a time.   Want more? https://www.youtube.com/playlist?list=PLUIFLIRztQ-aXyiyBV6COzj1OsRrqx7kH to watch the livestreams for this podcast. https://www.youtube.com/@theprofitfactor for some great videos on edge, process and mindset. https://www.gettheprofitfactor.com to get coaching and accelerate your journey to profitability. https://jo.my/1x1-coaching  to book a 1x1 with me and get coaching on your edge, process or mindset.

In this episode of The Profit Factor, we dive deep into the crucial skill of decision-making in trading. Every day, traders are faced with tough decisions that can significantly impact their success. We explore the concept of "resulting" introduced by Annie Duke, a former poker player turned decision-making expert, and how it relates to trading. Using a powerful analogy from the world of American football, we dissect the importance of evaluating decisions based on the process rather than solely on the outcome. Learn why it's essential to focus on following your trading rules consistently, regardless of the immediate outcome of your trades. And, discover how to more effectively conduct a trade review and evaluate the decisions you make in trading, and in life. Tune in now and take your trading mindset to the next level! Don't forget to share this valuable episode with fellow traders who are striving for success.   Want more? https://www.youtube.com/playlist?list=PLUIFLIRztQ-aXyiyBV6COzj1OsRrqx7kH to watch the livestreams for this podcast. https://www.youtube.com/@theprofitfactor for some great videos on edge, process and mindset. https://www.gettheprofitfactor.com to get coaching and accelerate your journey to profitability. https://jo.my/1x1-coaching  to book a 1x1 with me and get coaching on your edge, process or mindset. Annie Duke on Decision Making (Spotify | Apple)  

Taylor invites Vincent, one of his Consistency Accelerator students, onto the stage where the tables are turned! Vincent grills Taylor about his coaching, trading and mindset. We cover important topics like how to break through the ”breakeven cycle”, why it’s important to match your trading approach with your personality and why coaching can be so valuable to a trader. Vincent shares valuable insights about his journey while opening Taylor up into deeper discussions around edge, process and mindset.

In this episode of The Profit Factor ... Tim and Taylor explore Reddit! Reddit has a lot of GREAT questions from traders. In this session of The Profit Factor, we’re going to dive into Reddit and answer some of the questions that pop up. Like this one - ”Tips for being a good loser.” Also, continuing Tim’s trade journey, we’re going to dive into how to create an execution process to solve discipline challenges. This is a recording of a YouTube livestream that originally aired Dec 8, 2023.

In this episode of ”The Profit Factor,” we delve deep into the elusive realm of trading mindset. Despite investing in numerous resources like books, courses, and videos, many traders find themselves unable to make significant progress in mastering their emotions and instincts for success. Join us as we explore why conventional approaches often fall short and discover practical strategies to reshape your thinking and enhance your trading performance. From understanding the roots of our beliefs to harnessing the power of neuroplasticity, we uncover the keys to unlocking a transformative mindset journey. If you’re ready to break free from mental barriers and elevate your trading game, this episode is a must-listen. Ready to elevate your trading game? Don’t miss out on the Consistency Accelerator program mentioned in this episode, designed to systematically help you become consistently profitable. Visit www.gettheprofitfactor.com for more details.

In this episode, join us as we explore the art of backtesting with Christian, a trader living in Germany. From structuring backtesting documentation using TradingView’s object tree to creating groups of drawings for easy analysis, Christian shares valuable insights and practical tips on how he turned his trading around by embracing the power of thorough backtesting. Discover the importance of clear rules, specific processes, and mindset alignment, and learn how backtesting can enhance trading confidence and consistency. Whether you’re a seasoned trader or just starting, Christian’s approach to backtesting is sure to inspire and inform your trading journey.

Welcome to the Profit Factor podcast, where host, Taylor Stockwell, dives deep into the world of trading, exploring the edges, processes, and mindsets that pave the way to consistent profitability. In this episode, he unravels the concept of ”process” as a pivotal component in trading success. Join us as I draw insights from the wisdom of Merritt Black, a seasoned professional at Apteros Trading, who emphasizes the importance of trusting the process over individual trading instincts. Discover the distinction between ”edge” and ”process” and why they are integral to your trading journey. Edge, often defined as the statistical probability of profit derived from system rules, sets the foundation. However, it’s the process that bridges the gap between the idealized edge and the real-world execution by imperfect human traders. Explore how process extends beyond trading rules, encompassing your daily routines, mindset preparation, and the habits that dictate your decision-making. Learn from real examples, such as the transformation one trader experienced by refining their execution process, resulting in a significant boost in trading performance. To become consistently successful, understanding and enhancing your process is key. Taylor discusses the role of data in this process, helping you identify areas for improvement and optimize your approach. Whether it’s refining your execution strategy, managing trades more effectively, or cultivating a mindset aligned with your process, this episode guides you towards becoming a better trader.

Tim is a new trader who just recently passed his first combine. He passed faster than any other traders I’ve worked with. But, there have been more ups and downs in Tim’s journey. In this episode, we start the dive into mindset. Tim has experienced enough trading where the mindset challenges are starting to play a bigger role. We’ll talk through some mindset fundamentals and why mindset can be such a challenge to overcome. Discover the strategies and experiences that can transform your approach to trading psychology, and gain valuable insights to enhance your trading journey. Whether you’re a seasoned trader or just starting, this episode offers a unique perspective on the mindset struggles many face in the world of trading. Tune in and gain a deeper understanding of the psychological aspects that contribute to consistent profitability. This is a recording of a YouTube livestream that originally aired Nov 17, 2023.

This is going to be obvious to many of you. But, we need to start our trading with EDGE first. No amount of work on process or mindset will help you if you don’t have an edge in your trading. In this episode, I’m going to explain what an edge actually is. It may not be what you think it is. I’ll also introduce the concepts of edge validation and optimization and the work we need to do as traders to create a solid foundation for our trading success. Whether you’re a seasoned trader or a newcomer, grasp the significance of crafting a well-defined set of rules that establishes a statistical probability of profit. Discover how trading with real edge differentiates professional traders from those merely gambling their money.

As Tim recounts his journey, get ready for tales of urgency, quick wins, and the harsh reality check that hit when he lost a funded account. It’s a story of resilience and self-discovery, with Tim sharing the nitty-gritty details of those moments when trading feels like a game of urgency and patience. But that’s not all – the duo dives deep into the math side of trading, discussing the crucial concept of scaling. Taylor breaks down the numbers, exploring the optimal contract sizes, risk parameters, and the importance of a solid plan that can flex with the market’s mood. Whether you’re a seasoned trader or just starting out, this episode is packed with relatable experiences and practical strategies. Join Tim and Taylor on YouTube for the full scoop, and let’s make your trading journey a little less bumpy and a lot more profitable! In the livestream, I also promised to share a copy of the spreadsheet we used as a tool. Here it is: https://jo.my/trade-size-planner. This is a recording of a YouTube livestream that originally aired Nov 3, 2023.

Dive into the intricate world of trading with The Profit Factor podcast. In this episode, Taylor explores the industry’s challenges and unveils the formula for consistent profitability. Discover the essential components – edge, process, and mindset – that every trader must master. Whether you’re a novice or seasoned pro, this episode offers valuable insights to elevate your trading game. Like, subscribe, and share with fellow traders on the journey to success!

Join us on ”The Profit Factor,” a podcast where we dive deep into the journey of developing traders In this episode, we’ll talk to Tim, who will be a podcast regular, as he shares his experiences, highs, lows, and the valuable lessons learned in the first months of trading. From the excitement of potential profits to the harsh reality of account losses, Tim and Taylor explore the challenges of developing a trading edge, understanding market dynamics, and overcoming psychological hurdles. Discover how mentorship and a commitment to learning transformed Tim from a novice to a resilient trader on the path to consistency and profitability. Tune in for insights, strategies, and the raw reality of navigating the world of trading.

This is the beginning. This is a new experience for me, and, hopefully, something new for you, too. This podcast is for traders developing to become consistently profitable. Trading is HARD! It’s one of the hardest things I’ve done. So, join me as I talk to traders who are still developing and those who have worked it all out. From informal chats to friends to high octane performance topics around edge, process and mindset, I’ll cover the topics that are top of mind for developing traders.