I'm Jamil Ben Alluch, and I'm excited to announce the launch of Traders Ignited, a podcast focused on the growth and well-being of day traders who aspire to achieve financial freedom through stock trading and taking their chances on the stock market. In this post, I'll share with you the benefits of personal development and a positive mindset when it comes to trading and general well-being, as well as the importance of a healthy mind in high-stress situations such as day trading.
More importantly I’ll talk about the value I want to create for traders with this Podcast and how I want this to serve as a reference point for traders to realize they’re not alone in their journey to becoming successful in this trade (pun intended!).
As a trader myself, and having gone through the Timothy Sykes Millionaire Challenge program back in 2014 to learn how to trade penny stocks, I've been through the ups and downs of the industry, and I've realized that trading is not just about buying and selling stocks at the right time or having the “right” trading strategy to make millions of dollars. I spent countless hours learning about charts, candles, and technical analysis. I’ve followed alerts and participated in chats, talked to mentors and made mistakes. One theme that was always coming back was seeing traders not achieving their goals, and I was on a journey to figure out why.
The answer I came up with is that trading is all about mindset, discipline, and emotional intelligence. In my opinion, trading is primarily a mental game, and having the right mindset and personal development practices can make all the difference in your trading success and overall well-being. This is what separates the Successful traders from everyone else.
I wanted to share my insight and experience with other traders, this is where the idea of this Podcast came from. It comes from my passion to help other traders out and guide them in figuring out how to navigate their attitude toward trading, as I’ve seen first hand the effects that a negative mindset can have on trading performance.
You will often hear about how 90% of traders lose money in the stock market1,2, and while that number may vary depending on the research you read, it is undeniable that most traders lose or don’t make any money day trading.
While I couldn’t find a study that explains this phenomenon, in my experience, and having had the privilege of working and hanging out with some of the most successful day traders today, I can confidently say a lack of a proper mindset plays a major role in preventing day traders from making money.
Generally speaking, here are some important benefits of personal development practices:
In Traders Ignited, we'll focus on exploring the stories of regular day-traders who are going through the ups and downs of trying to grow their accounts as part of their journey to reach success. We will discuss their struggles and explore solutions to find the right mindset and personal development practices to achieve their trading goals. We'll also feature successful traders and coaching experts who will share their best practices and experiences to become a better trader.
In each episode, we'll dive deep into the guest's trading journey and discover ways to improve their trading successes and overall well-being through the use of mindset and personal development practices. Listeners can look forward to:
As a trading industry veteran, author of the book The Complete Penny Stock Course and the Chief Technology Officer of the amazing trading platform StocksToTrade, I'm excited to share my knowledge and experience with our listeners and help them achieve their trading goals while maintaining their overall well-being.
With the rise of social media and more successful day traders sharing their achievements, a trend that likely started with Timothy Sykes on the show Wall Street Warriors, trading has become a popular way to generate wealth, but the truth is that it's not an easy road. Trading requires discipline, risk management, and a strong mindset to succeed.
That's where personal development comes in. Personal development is all about improving yourself, both personally and professionally, to achieve your goals. In trading, having the right mindset and personal development practices can help you stay focused, disciplined, and emotionally intelligent in the face of market volatility and uncertainty.
Day Trading is a lonely road, the results only depend on the individual who engages in this practice and, unlike a regular day job, financial results don’t correlate in any way or form the the amount of work and time put in.
Traders who have the edge are traders who understand the need for a healthy and consistent mindset.
Here are some additional benefits of personal development in trading:
At the end of the day, trading is a mental game first. Personal development can help you develop the right mindset and emotional intelligence to succeed in trading and in life. In Traders Ignited, we'll explore the stories of both traders on their journey to success and successful traders who have developed these skills and practices, and we'll provide practical advice and insights on how you can do the same.
Join us on this journey of growth and self-discovery. Let's get ignited and achieve our trading goals together!
Trading is not just about buying and selling stocks, or the trading strategies. It's about mindset, personal development, and emotional intelligence First. In Traders Ignited, we'll explore the stories of day traders on their journey to success and explore their struggles, and successful traders who have developed the right mindset and personal development practices to achieve their trading goals.
Listeners can look forward to practical examples, insights, and strategies for becoming a better trader and maintaining their overall well-being. More importantly, the audience can relate to our guests by realizing that everyone has to go through the journey of success and that achievements are only the tip of the iceberg-story of success.
Join us on this journey of growth and self-discovery. Let's get ignited!
Check out our Episodes, we've categorized them for your convenience.
