A short instructional video by Adrian Reid (Enlightened Stock Trading) emphasizing that asking higher-quality questions improves trading and investing results. Reid argues many traders focus on the wrong questions (e.g., which stock, which broker, how much leverage) and instead should ask foundational questions about objectives, time horizon, personality, trading rules and plans, risk per trade, and emotion management. The video closes with an invitation to post questions in the comments or request private help.
Chapters
When you think about trying to improve your trading or investing decisions so that you can make more money, what questions are you asking yourself, your mentors, or your teachers? You see, Tony Robbins often says that the quality of your life is directly determined by the quality of your questions. And in my 10 plus years of trading experience, I've absolutely found that to be the case with trading and investing decisions as well. You see, most people who trade or invest in the markets don't make money. But those same people are also asking the wrong questions. They ask questions like which stock should I buy? Or what broker should I use? Or how much leverage should I use? Those are the wrong questions for you to succeed. Let me show you a couple of questions that every new trader or investor should ask so that they can be successful. And if you ask them, it'll help you move along the path to success as well. Questions like what are my objectives? What do I want to achieve with my investments? What is my time horizon? What is my personality and how does that impact my trading style? Do I have a set of rules and are those rules profitable? Do I have a trading plan that determines what I'll do in each different scenario so that I don't have to make a decision on the spur of the moment when my emotion is high? And also how much money should I risk on each trade so that I can make money, but also don't lose too much money when I'm wrong? These are some examples of really good quality questions that all traders should ask. And if you start asking questions like these, you'll be making more money in the markets before you know it. So I hope you found that helpful. Now, if you've got some trading questions that you want answered, I'd love to help you out. Post the questions in the comments below and I'll either reply directly or we can hook up a time where we can talk privately so I I can help you move forward and get your questions answered. My name is Adrian Reed and I'm from Enlightened Stock Trading and I'll see you in the next video. Bye for now.
