I just got a membership to INO TV Premium and started watching some of the videos. If you have never heard of INO.com, it is an informational and educational website for traders.
The main INO.com website is a great resource for free quotes and charts for most markets in the US. They also have other paid services.
As soon as I opened my INO TV homepage and browsed through the contents, I was impressed with the number of video and audio recordings that they have available. The first video I started watching was a video of a presentation that Jack Schwager gave called Market Wizards Insights.
It was basically a summary of everything he learned from the superstar traders he interviewed in his Market Wizards books. Although I have read all of his books, it was a good refresher on what can be learned from these great traders. Here are some key points of his speech:
What is important in trading
Here is a short list of things that Schwager found most important to becoming a successful trader.
Trade with your personality
Regardless of what has been working for other people, you have to trade a system that suits your personality. It either has to compliment your strengths, overcome your weaknesses or both. That is not to say that a system that someone else creates cannot work for you, but you have to figure our your own unique way of trading it.
You have to have an edge
You have to have a specific, definable edge over the market. Like with any other endeavor, if you are not skilled, you will not do well. The best traders understand the edge that they have over the markets and constantly exploit it for profit.
Work hard, work smart
All of the top traders worked hard to refine their technique and constantly improve themselves in order to become better traders. It is not only about putting in a lot of hours, it is also about being open to ways of improving that may seem foreign or strange at the beginning.
No loyalty to a position
Top traders know how to cut losses short and take profits when the target is hit. They don’t get too excited about a position and make a business decision to take the profit or take the loss, based on the parameters of their system.
How he became successful
What I found most interesting about this video was how Schwager became a successful trader. Schwager realized that he is a very impatient person by nature. He would exit trades too early and not give them enough time to play out.
In order to overcome his impatience, he became a mechanical trader. By using computer programs to trade his system, the programs are able to wait and only exit at his profit target or his stop loss.
Conclusion
Overall this was a good video, especially if you have not read the books. Even if you have read the books (like me) it was an excellent reminder of what it takes to become successful.
The recordings that I am finding most helpful are the ones on trading psychology. I’m sure that I could always learn something new from the trade setup standpoint, but I have found that my winning or losing is becoming more and more about my own psychology than the actual system I am trading.
I am going to continue looking through these recordings and hopefully I can find a few winners. As I am writing this review, I am already listening to New Samurai Secrets for Trading and it is starting off really well. I will keep you posted!
Click here to check out free INO TV videos and audio recordings.
If you enjoyed this article, you might also like:
Category: 
Tags: 
insigtful and thoughtful video on financial markets.
Very informative video. Its great for newbie to understand the concepts of the market.
this video can help the people trading in the stock markets.
Excellent video and useful for stock marketers,Marketting concepts well said.
Very informative video..good for everyone who is interested in stock market.
Nice informative video. The best traders can understand the edge that they have over the markets. Thanks for sharing the news with us.
It’s very informative and educative video for everyone, especially who has desire to be a good professional in marketing.
july 30
it is very educative in nature..and it serves as a good guide for becoming a successful marketing professional.
This is a very very useful training. In my life this is the most informative video training. The unlimited future of the stock and forex trade is opened to everybody. Thanks to Mr. Jack Schwager.
a very helpful good video which help us to understand about the stocks………
COOL review.. hope to see more from you
I think that was a nice video. surely this will help those who are really interested in stocks.
very much thanks to Mr.Jack Schwager.
Really good..
This is a very informative and educative video for everybody.I am enjoying this video.
Its an informative and a useful video.it is very useful video for everybody who are interested in stocks.keen and good.
This video is very much useful to me. I have money in my bank account, i don’t know how to use this in proper way, now i realised that i can make investment in stocks. My friends and family members scarred me that if i put the amount in stock it will take years to get profit. After watching this video i believe i can earn profit at the earliest.
Thanks for this very informative and lengthy video with clear explanation.
I am very interested in share trading. Video is really knowledgeable. By following this valuable information we can make money in share business.Its very helpful video to become expert in share market. Hope this video will be beneficial for me.
market is so risky and very dangerous ,so my suggestion
is investors please invest take care.
Hi, this is a fantasitc video and it can help the people trading in the stock markets
Trading Market is a risky place for naives but once you get the knowledge and some experience,its a place to earn some hard cash. INO is an amazing website for traders who has just begin their journey.
Mr. Schwager explained nice information to become a successful trader. This site is very useful site to all.
this video is truly informative with clear explanation of the present market trends. It is most helpful for the newly entering investors of the global market. Share is most attractive and even ambigous market to enter and it has explained how to face the pros and cons of the market
Best video on stock market,this video says how to trade,and it is very useful for stock marketers,thanks for sharing this video with us
this video if very good for a stock holder. Giving me a special opinion of stock market.
thank you for share this
I have been trading for the last three years but I could not succeed in it properly. But after this video show I am confident of earning more money. very useful for all stock market traders.
Thank you
Thank you for the great information about stock market.
Thank you for the great information.
its good