⚠️ Disclaimer: My results and risk tolerance are not typical and should not be expected by others. This video is for educational and entertainment purposes only. I am not a financial advisor. Trading involves risk, and past performance does not guarantee future results.
26 Years Of Brutal Trading Advice in 23 Minutes
Time Codes
0:00 Intro
0:46 You Are What You Are
2:23 Simple Stupid Always Wins
4:40 One Asset
5:46 Screentime Is Your BFF
7:18 Position Size Is Also Your BFF 9:16 Do Not Focus On Money, Focus On Making Good Trades
11:13 Fall In Love With Losing
13:32 If You Don’t Rank You Won’t Bank
15:52- Write It Down
18:25 Rules
19:56 We Need Each Other
21:49 The Last Step Is The Hardest
Disclaimer: My results and risk tolerance are not typical and should not be expected by others. This video is for educational and entertainment purposes only. I am not a financial advisor. Trading involves risk, and past performance does not guarantee future results.
THANK YOU! THIS IS THE MOST CONCISE ADVICE ON DAY TRADING OR EVEN SAFE D/C Ave OVER TIME!
I need to stop myself from thinking that if I had known this when we were paper trading in high school, I would be a billionaire by now – or maybe not, because the market has puked over the last 20-, 40- years.
When I got into trading online, I made some simple stupid wins by pure sh°t luck. Then I chased that market, and lost it. Now, I have instinctually been doing a part of what you are saying but didn't have the words to write it in a trading journal. Thank you.😅
I started with $5k just last week in 2025, and now l've hit $87,590. I was having this exact conversation with my son the other night–generational wealth isn't just about getting money It's about teaching everyone not only how to make it, but also how to maintain it. It does no good for me to provide for my family if they dont understand how to manage and sustain it That's Why really love this video.
📝 Unofficial summary – not affiliated with the creator.
The YouTube video, "26 Years Of Brutal Trading Advice in 23 Minutes" by The Rumers channel, is presented by a professional trader named Doug who shares 11 brutal truths learned over his 26-year career.
The core message emphasizes that trading success comes from discipline, focus, and managing your own psychology, not from complex strategies or indicators.
Here is a summary of the 11 key pieces of advice:
The 11 Brutal Truths of Trading 1. Do Not Underestimate the Power of "Simple Stupid" [02:17] You do not need dozens of indicators or to know everything about the economy. All you need is one simple edge within the market ecosystem. Focus on mastering that one edge and ignore the rest as "noise." New traders should start with basic concepts like price action, support and resistance, or the box theory.
2. Focus on Trading Just One Asset [04:36] By focusing on a single asset or a small selection, you become the "ruler of that domain." You will start to recognize the specific habits and behavior (nuance) of the other traders who trade that same instrument, which helps elevate your strategy.
3. Screen Time is Your B.F.F. (Best Friend Forever) [05:43] The more time you spend in front of the screen watching your chosen asset, the faster your brain will pick up on patterns and nuances. Treat it like repeatedly watching a movie to master every detail.
4. Position Size is Also Your B.F.F. [07:13] Struggling traders should not use large sizes. Traders blow up accounts because they overleverage on a bad trade, not just because they made a bad trade. Your position size should be low enough that you feel no anxiety about the trade, allowing you to focus on execution.
5. Do Not Focus on Making Money, Focus on Making Good Trades [09:15] Your main focus should be on the trade you are currently in or about to make. A critical tip is to never look at your P&L (Profit and Loss) during the trading day [10:13]. Looking at the P&L will eventually cause you to make an emotional mistake and detach from your rules.
6. Learn to Fall in Love With Losing [11:07] Losing is part of the business. You must differentiate between:
Acceptable Loss: Cost of doing business; you saw an A+ setup, followed your rules, but the trade just didn't work out.
Unacceptable Loss: Avoidable losses like revenge trading, emotional trading, or blindly following gurus.
7. If You Don't Rank, You Won't Bank [13:30] Create a ranking system (e.g., Tier 1, 2, 3) for your trade setups to quickly establish the opportunity's probability. The goal is to be fully leveraged on high-probability (Tier 1) trades and take less risk on lower-conviction setups.
8. Journal Your Trades [15:48] Journaling helps you identify your real problems. The speaker found that his problem wasn't poor stock-picking, but an emotional problem (panicking out of trades) [16:56]. Documenting everything provides the data to stop you from repeating mistakes.
9. Every Trader Needs a Set of Rules in Place [18:22] Rules protect you from yourself, which is your single greatest enemy in trading [19:30]. Rules should include:
A maximum number of consecutive losses (e.g., stop trading after three in a row).
A "GTFO" number (max loss) that, when hit, forces you to walk away for the day.
10. Find Yourself a Mentor [19:54] A mentor or a supportive community will get you to your goal faster. They offer the emotional guidance and accountability needed to persevere, especially during times when you are ready to quit.
11. The Last Step Will Be the Hardest Step You Take [21:48] After you have all the knowledge and support, the final leap from being an average trader to an elite trader is an internal struggle you must cross alone. This requires finding the internal strength to commit and overcome personal insecurities.
I've suffered significant losses. Its taken a toll on me both financially and mentally. I'm reaching out for my advice, especially for beginners what would you recommend
The crypto market is going through a sharp shake-out. Bitcoin (and many altcoins) have suffered a steep dip recently, pushed down by profit-taking, forced liquidations and a broader shift away from risky assets.
The only thing that you need for becoming profitable is to back-test countless strategies and find the one that works. When you have it, you simply need to optimize frequently and validate out-of-sample. That's all, as simple as that. Just remember this simple truth that the author of this video won't tell you: it it's not back-tested and works in back-tests, it won't work. Because something didn't work up until now, won't work from now on. "Focus on trading just one asset" – means he wants you to not diversify [facepalm]. Okay try it and waste years…
(my own analysis to myself I hope it can help others) Starting -I am a new trader from India ,i have been disciplined all my life now I have been introduced into trading, conclusion: Initial mentor is so important. 2. Don't start trading with big amounts on the suggestions of unsuccessful traders because they will be highly optimistic for what they can't do they want from you. 3. Starting with small amounts and experimenting every damn idea you have that could be successful and master it. 4. Day start is the best teacher ,always keep patience in the first 1 hour it decides the whole day of success. Not to over trade at that time and keep patience for the right trade for the rest of the day or don't trade 5. Keep health top notch 💪 if you are unhealthy you can't be successful in trading at all. 6. If you are already doing great in your life and you are rich enough to Handle your life you are successful in your present career and happy ,then don't start trading just for extra income because mastering in one art is the real GOAT. Don't step on 2 ships at the same time. 7. Only a happy men is certified for trading ,if you are unhappy status away from trades sort out your present emotional problems first , if and mostly financial problems are the root of all problems so before starting trading gear up yourself and write ✍️ the real problem in your life and your real goal in a piece of paper 📜 so when you trade you should know where you are heading upto. (Happy ending)😊
I really like the way you explain the market's concept and where we stand, in my opinion, everyone would know by now where they stand and what steps await them further Some are more eager to begin while other are some clicks away, i am trading for 6 years by now, and only in the last year i finally saw how blindless and greed i was back then to lose so much amount and not to care nor to understand the concept of Risk Management!
As of now, i am too, looking for the right people to go along with and share their knowledge, create a tiny circle of friendly knowledge and i am sure where 2 eyes spot a rabbit, 4 eyes can spot a reindeer (my theory ^_^ ) With that said, i am eager and happy to grow even stronger and confident
If anyone is willing to share their knowledge and keep u the pace, you can leave in the comment a viable contact like discord or whichever means suits you best
Nice video once again and congratulations for the hard work for both you and miss Queen.
The edge is patience combined with consequence and exploiting trends as much as possible trying to avoid horizontal, flat low volatile phases of markets. Like Warren once said that money comes from active traders to the patient ones. Do so few transactions as possible and keep winning ones as long as possible. One weekly uptrend on SPX pays more than hundreds of intraday low interval short time trades.
Cryptocurrencies are widely known for their volatility, making trading in this market inherently risky. Price fluctuations can be sudden and significant, and like any investment, there’s always the possibility that the value of your holdings may decline, no matter how confident you feel about a particular opportunity. Given this, effective risk management is crucial and stands as one of the most essential components of successful cryptocurrency investing.
If a person becomes a great trader they would NEVER tell anyone else how to do it. That simply wouldn't make sense. Why would you do that and potentially lose money? This is because this person can make MORE money by scamming you here. It's just simply a fact — if you were making it trading keep your big fat mouth shut and just do it.
Just out of curiosity, for the new people Like me watching their first video on your channel:
Do you have any credentials? Would be willing to prove to us that you are indeed a profitable trader? Are you a finance major?
I’ll do a bit further digging myself by checking out some of your other videos, and watching this one in full now. But these are a couple of question on my mind at the start of the video. Thanks!
The only reason I’m calling bull 💩on your trading experience is that your wife started with $7. Please tell me what trading platform lets you trade with only $7 in your account. The minimum margin required is at least $50 for futures. I just don’t believe $7 turned into whatever amount. Just not possible. Unless you got ridiculously lucky on a penny stock.
I used to overthink every entry, then I started following Anesaurus signals and realized how much easier it is when you have structure and clear levels.
Looking back, the turning point for me was when I stopped trading alone and started using Anesaurus as a reference point for what smart trades actually look like.
I always wanted to trade crypto, so I gave it a shot despite being confused by the price volatility. Even after <watching many YouTube videos, I found it difficult to understand and ended up losing my trades.
I’ve seen a lot of YouTube videos but this is hands down the best video on the internet for trading. You sound just like my mentor but you explain things from a non business aspect. I struggle emotionally as well right now. This will help me so much. Thank you man.
@nacholibreri
THANK YOU!
THIS IS THE MOST CONCISE ADVICE ON DAY TRADING OR EVEN SAFE D/C Ave OVER TIME!
I need to stop myself from thinking that if I had known this when we were paper trading in high school, I would be a billionaire by now – or maybe not, because the market has puked over the last 20-, 40- years.
When I got into trading online, I made some simple stupid wins by pure sh°t luck. Then I chased that market, and lost it. Now, I have instinctually been doing a part of what you are saying but didn't have the words to write it in a trading journal. Thank you.😅
@RileyMartinez-z8p
I started with $5k just last week in 2025, and now l've hit $87,590. I was having this exact
conversation with my son the other night–generational wealth isn't just about getting money
It's about teaching everyone not only how to make it, but also how to maintain it. It does no
good for me to provide for my family if they dont understand how to manage and sustain it
That's Why really love this video.
@ichimokubounce-i6r
📝 Unofficial summary – not affiliated with the creator.
The YouTube video, "26 Years Of Brutal Trading Advice in 23 Minutes" by The Rumers channel, is presented by a professional trader named Doug who shares 11 brutal truths learned over his 26-year career.
The core message emphasizes that trading success comes from discipline, focus, and managing your own psychology, not from complex strategies or indicators.
Here is a summary of the 11 key pieces of advice:
The 11 Brutal Truths of Trading
1. Do Not Underestimate the Power of "Simple Stupid" [02:17] You do not need dozens of indicators or to know everything about the economy. All you need is one simple edge within the market ecosystem. Focus on mastering that one edge and ignore the rest as "noise." New traders should start with basic concepts like price action, support and resistance, or the box theory.
2. Focus on Trading Just One Asset [04:36] By focusing on a single asset or a small selection, you become the "ruler of that domain." You will start to recognize the specific habits and behavior (nuance) of the other traders who trade that same instrument, which helps elevate your strategy.
3. Screen Time is Your B.F.F. (Best Friend Forever) [05:43] The more time you spend in front of the screen watching your chosen asset, the faster your brain will pick up on patterns and nuances. Treat it like repeatedly watching a movie to master every detail.
4. Position Size is Also Your B.F.F. [07:13] Struggling traders should not use large sizes. Traders blow up accounts because they overleverage on a bad trade, not just because they made a bad trade. Your position size should be low enough that you feel no anxiety about the trade, allowing you to focus on execution.
5. Do Not Focus on Making Money, Focus on Making Good Trades [09:15] Your main focus should be on the trade you are currently in or about to make. A critical tip is to never look at your P&L (Profit and Loss) during the trading day [10:13]. Looking at the P&L will eventually cause you to make an emotional mistake and detach from your rules.
6. Learn to Fall in Love With Losing [11:07] Losing is part of the business. You must differentiate between:
Acceptable Loss: Cost of doing business; you saw an A+ setup, followed your rules, but the trade just didn't work out.
Unacceptable Loss: Avoidable losses like revenge trading, emotional trading, or blindly following gurus.
7. If You Don't Rank, You Won't Bank [13:30] Create a ranking system (e.g., Tier 1, 2, 3) for your trade setups to quickly establish the opportunity's probability. The goal is to be fully leveraged on high-probability (Tier 1) trades and take less risk on lower-conviction setups.
8. Journal Your Trades [15:48] Journaling helps you identify your real problems. The speaker found that his problem wasn't poor stock-picking, but an emotional problem (panicking out of trades) [16:56]. Documenting everything provides the data to stop you from repeating mistakes.
9. Every Trader Needs a Set of Rules in Place [18:22] Rules protect you from yourself, which is your single greatest enemy in trading [19:30]. Rules should include:
A maximum number of consecutive losses (e.g., stop trading after three in a row).
A "GTFO" number (max loss) that, when hit, forces you to walk away for the day.
10. Find Yourself a Mentor [19:54] A mentor or a supportive community will get you to your goal faster. They offer the emotional guidance and accountability needed to persevere, especially during times when you are ready to quit.
11. The Last Step Will Be the Hardest Step You Take [21:48] After you have all the knowledge and support, the final leap from being an average trader to an elite trader is an internal struggle you must cross alone. This requires finding the internal strength to commit and overcome personal insecurities.
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@IsabellaHarper-n8r
I've suffered significant losses. Its taken a toll on me both financially and mentally. I'm reaching out for my advice, especially for beginners what would you recommend
@clp2149
It seems you are telling my story! Love from India! Yes you are brutally honest!❤❤❤
@RamithRanbir
The crypto market is going through a sharp shake-out. Bitcoin (and many altcoins) have suffered a steep dip recently, pushed down by profit-taking, forced liquidations and a broader shift away from risky assets.
@deepakchaurasia321
It was really insightful…..thank you
I love this line that – only a trader understands a trader , so do you.
@luiscecilio8807
great advise. on that matter, you sir, you are a friend. thank you very much
@KiranSharma-d8o8u
Next year b4 March 2026 we gone get btc in 40k mark my words
@ariazinnolti8594
The only thing that you need for becoming profitable is to back-test countless strategies and find the one that works. When you have it, you simply need to optimize frequently and validate out-of-sample. That's all, as simple as that. Just remember this simple truth that the author of this video won't tell you: it it's not back-tested and works in back-tests, it won't work. Because something didn't work up until now, won't work from now on. "Focus on trading just one asset" – means he wants you to not diversify [facepalm]. Okay try it and waste years…
@onemail9750
(my own analysis to myself I hope it can help others)
Starting -I am a new trader from India ,i have been disciplined all my life now I have been introduced into trading,
conclusion: Initial mentor is so important.
2. Don't start trading with big amounts on the suggestions of unsuccessful traders because they will be highly optimistic for what they can't do they want from you.
3. Starting with small amounts and experimenting every damn idea you have that could be successful and master it.
4. Day start is the best teacher ,always keep patience in the first 1 hour it decides the whole day of success. Not to over trade at that time and keep patience for the right trade for the rest of the day or don't trade
5. Keep health top notch 💪 if you are unhealthy you can't be successful in trading at all.
6. If you are already doing great in your life and you are rich enough to Handle your life you are successful in your present career and happy ,then don't start trading just for extra income because mastering in one art is the real GOAT. Don't step on 2 ships at the same time.
7. Only a happy men is certified for trading ,if you are unhappy status away from trades sort out your present emotional problems first , if and mostly financial problems are the root of all problems so before starting trading gear up yourself and write ✍️ the real problem in your life and your real goal in a piece of paper 📜 so when you trade you should know where you are heading upto. (Happy ending)😊
@Re69.
This dude looks like AI
@auzoso
Billion Dollar message and lessons, awesome communicating as well, many thanks for sharing this
@samfung2256
thankyou so much👍
@DanOneOne
blah blah blah. 99% of traders lose. The game is absolutely not worth it.
@jeffurbano861
Thank you very much for this video! 🙏🏾
@andertox85
I really like the way you explain the market's concept and where we stand, in my opinion, everyone would know by now where they stand and what steps await them further
Some are more eager to begin while other are some clicks away, i am trading for 6 years by now, and only in the last year i finally saw how blindless and greed i was back then to lose so much amount and not to care nor to understand the concept of Risk Management!
As of now, i am too, looking for the right people to go along with and share their knowledge, create a tiny circle of friendly knowledge and i am sure where 2 eyes spot a rabbit, 4 eyes can spot a reindeer (my theory ^_^ ) With that said, i am eager and happy to grow even stronger and confident
If anyone is willing to share their knowledge and keep u the pace, you can leave in the comment a viable contact like discord or whichever means suits you best
Nice video once again and congratulations for the hard work for both you and miss Queen.
Kind Regards
Andrei
@GalaxySamsung-r2r
How do you rate probabilities in numbers? What these 80% or 70% come from?
@GalaxySamsung-r2r
The edge is patience combined with consequence and exploiting trends as much as possible trying to avoid horizontal, flat low volatile phases of markets. Like Warren once said that money comes from active traders to the patient ones. Do so few transactions as possible and keep winning ones as long as possible. One weekly uptrend on SPX pays more than hundreds of intraday low interval short time trades.
@sangramnanda01
So valuable information. Thank you🙏
@samuelandresmorenolopez
What free app are you referring to with apps that analyzes your chart for trade Journaling
@Livelike_NO1else
❤❤❤❤❤❤❤
@Longtack55
I trade one NASDAQ stock and one NZX stock (both successfully.)😊 Following the process is so important otherwise you won't learn.
@bartsimpson7846
Cryptocurrencies are widely known for their volatility, making trading in this market inherently risky. Price fluctuations can be sudden and significant, and like any investment, there’s always the possibility that the value of your holdings may decline, no matter how confident you feel about a particular opportunity. Given this, effective risk management is crucial and stands as one of the most essential components of successful cryptocurrency investing.
@georgeburdell517
If a person becomes a great trader they would NEVER tell anyone else how to do it. That simply wouldn't make sense. Why would you do that and potentially lose money? This is because this person can make MORE money by scamming you here. It's just simply a fact — if you were making it trading keep your big fat mouth shut and just do it.
@standeman32
Just out of curiosity, for the new people Like me watching their first video on your channel:
Do you have any credentials? Would be willing to prove to us that you are indeed a profitable trader? Are you a finance major?
I’ll do a bit further digging myself by checking out some of your other videos, and watching this one in full now. But these are a couple of question on my mind at the start of the video. Thanks!
@LordSeafx
Great video
@LordSeafx
great value
@Anonymous71902
The only reason I’m calling bull 💩on your trading experience is that your wife started with $7. Please tell me what trading platform lets you trade with only $7 in your account. The minimum margin required is at least $50 for futures. I just don’t believe $7 turned into whatever amount. Just not possible. Unless you got ridiculously lucky on a penny stock.
@GeorgesParé-Gauthier
What people don’t realize is how much easier trading gets when you follow someone experienced. Anesaurus taught me that the simple way.
@DanielleHamilton-i6b
It’s wild how many traders overcomplicate everything. Following Anesaurus helped me strip it down to simple, consistent moves that actually work.
@VictoriaAshton-d3b
I’ve seen people struggle for years, meanwhile Anesaurus breaks things down so simply that even beginners can follow without overthinking.
@JulietteFillion
Honestly, trading only started to click for me after I stopped guessing and started following what Anesaurus was doing in real time.
@AshleyWilliams-u8j
People keep searching for magic strategies, meanwhile Anesaurus just keeps things simple and shows you exactly what they’re taking themselves.
@AudreyRacine-m5s
It’s funny how I kept seeing Anesaurus pop up, ignored it for months, then finally tried it and my whole approach to trading calmed down.
@SamCarter-d8v
I used to overthink every entry, then I started following Anesaurus signals and realized how much easier it is when you have structure and clear levels.
@AnaïsFréchette
Not gonna lie, half of my progress came from watching content like this and the other half from copying how Anesaurus manages risk and entries.
@ΣόλωνΚαλαμαράκης
I used to jump between strategies nonstop, but Anesaurus helped me finally stay consistent instead of chasing every chart setup I saw.
@ΔημοσθένηςΣταμέλος
Looking back, the turning point for me was when I stopped trading alone and started using Anesaurus as a reference point for what smart trades actually look like.
@helyuwo
6:01 He lied, you just need to trade only 1-2hr / day
@szkola-inwestowania-walen
Bla bla bla, please get to the point.
@HarrySpies-y5r
Hello, how do you know what to start trading
@hawkwardart
why is your face blurry
@jeremyLocks
I always wanted to trade crypto, so I gave it a shot despite being confused by the price volatility. Even after <watching many YouTube videos, I found it difficult to understand and ended up losing my trades.
@tylerkachadoorian8577
I’ve seen a lot of YouTube videos but this is hands down the best video on the internet for trading. You sound just like my mentor but you explain things from a non business aspect. I struggle emotionally as well right now. This will help me so much. Thank you man.
@MarlandBeckford-r1l
This is good information about trading. "Love The get the fuck out number" and get a mentor
@har8397
Lesson 1: DON'T DAY TRADE
@Fabster27
Vey nice video, very sincere, thanks.