#1 „Straßen? Wo wir hinfahren, brauchen wir keine Straßen.” - Unser erster gemeinsamer Zeitsprung, zurück in meine Trader Vergangenheit!
34m 23s
The transcription is an introduction to the podcast "Back to Detroit" hosted by Philip Kranider. He shares insights into his trading journey, starting with binary options in 2009 and the challenges he faced, including significant losses and learning from mistakes. Philip eventually transitioned to CFD trading, where he developed a more structured trading approach focusing on price action analysis. Through trial and error, he evolved his strategy, emphasizing risk management and continuous learning from resources like YouTube videos. The narrative highlights the importance of perseverance, learning from failures, and adapting trading strategies over time. Philip's story serves as a lesson in the evolution of a trader's mindset and approach to the financial markets.
Transcription
7999 Words, 39716 Characters
[Music]
You're listening to Back to Detroit.
[Music]
Hello, dear listeners.
And welcome to all the first episode of Back to the Trade.
I'm not afraid of this project at all, and I'm not afraid of the fact that you
have more or less guided by the driver's seat of this gallery in place.
And I would say before we start our first challenge, I would like to explain you a little bit more about what we have here.
In this first episode I will explain to you what you can learn and learn in this podcast,
like the ones you build in your mind, and in the first episode I will tell you a lot about me.
My name is Philip Kranider, and more and more about this first episode,
you are here just on the driver's seat, that is the Lawrence, our time machine,
and we will always jump back to my past.
And since we are realistic, my opponent cannot change anything anymore,
I would like to achieve that we are your situation, your opponent can change anything.
And so that we do not miss any of these jumps in the past,
there is a difference in the beginning of this podcast and now it will be interesting for you.
Back to the trade is a complete podcast trading course.
That means you want to hear me alone, I won't be able to do it with someone else.
I will never imagine you.
I will build a course with you for a piece, where you learn trading.
So I will also try to explain technical things in this podcast,
for example, trend analysis, zones, maybe afterwards.
So I would like to go into the deep here, and it is important for you to know that every episode is based together.
So we will start with a few basics, we will start with a technical one.
And at the end of this episode I would like to say that we are relatively deep content about trading
and we can talk about the hand-werk trading.
What you can expect from this podcast is that it is completely filled with my experience.
What you can't expect is advertising, as you can see here,
no active offer for coaching or any sponsors.
It is a project with which I would like to have you, for example,
with the car, or with the bank chocken, that you can send me my collectible voice,
and simply learn more about the topic of trading.
A short disclaimer, a short warning.
I am someone who wants to tell you about spits.
So I will always try to tell you how, for example,
the trading strategy is completely cool.
That is of course the first point, not really,
but I also need to tell you how to build a certain understanding of it.
So please, see you later and I will always try to do trade-off,
and also talk about applications for classes,
so that we can just come into a structure.
So, long story short, who am I?
Why am I in the store that gives you something like this?
Why am I in the store to talk about trading?
And I also find it very important that you simply know who you have to do,
how you see your trading.
So I am now someone who is in the next quarter of a short time,
come to the WhatsApp group, and then somehow I sell crypto-passive models,
or I am someone who really says, "Okay, so you see this hand away."
So you can learn, if you want to do as I do.
So of course I can only do what I can.
And yes, as I would say, we start briefly with that directly.
I am currently at the starting point of these applications for 33 years,
and I have in 2009, so for about 14 years,
with the trading begun.
I was of course not successful at first,
and I was, of course, not even after two or three years successful.
How do you always sell here?
So I then discovered a super strategy and at once I was successful.
That's bullshit.
I explained how it was for me, and maybe you see some parallel,
I was very long, very uncomfortable to talk about.
Probably also a maybe also a background of age.
I was older, I was already a little bit safer.
That's why it's not really a problem today.
And I would say we just start.
Back then, in 2009, I could still remember very well,
I started with the binary options.
The binary options for those who do not know.
First of all, they are, for example, forbidden, which is absolutely very good.
The binary options were actually the highlight of the gaming efficiency in trading.
You finally had 3 buttons.
So you bought the button.
You bought a button for free.
And you had a button where you finally have your own size.
So then you got a physical one.
And that was then also so structured that you always had a requirement.
So 50, 100 euros, 250.
And then you even had a button where you could double it.
There were two places at the start, and then you could double it as fast as possible.
That's the value of 400 euros, get traded.
The whole system is, of course, often personally traded.
That means, finally, I had the broker,
an application broker, some course value,
on which you have added.
And it finally went simply just to the end of this option.
So they have a certain time of time, over or below, to be the distance.
So as far as the course was going, it was totally uninteressable.
Yes, that's really the reason.
Until you get a pip or a point over the one stick.
For example, if you go to a buy option or go into a long position,
then you get a full reward.
But also, when you get a point or even a pip or whatever,
it was always below the one stick.
And you've already gone for a long time, you lost everything.
So you lost your complete one-shot.
That was the one.
The second was that these binary options
were very, very cool for you.
So with 60 seconds, that is, you click on the buy or buy a button
and at 61st the second was clear, you won or lost it.
That was already a point.
So that was actually so sold.
Look at it, you buy from the buy and then you get an investment in the company.
And then you have, in a short time, in a short time,
you can get 85 percent.
That was there at the time, for the point, like 70, at the very short trades,
85, at the longer trades, percent wins.
But you've always lost 100 percent.
That's also a story that you first know when you are used to it.
You always have the negative C-R-V.
If you don't understand the payment, don't worry.
We'll start in the next episode to put it down.
And in every episode, I will always explain some payment.
So if you don't understand now, then just click on it.
So I'm sure you can pull it down completely.
It means finally, you will always lose your income.
But not the same income as winning.
So 100 euros lost and 100 euros won, but you lose 100 euros.
And you win at maximum 80 euros.
So you're always in the negative relationship.
So I started it at that time.
And I've now pulled out so far, because this binary option,
meanwhile, is also prohibited.
I think in 2018-19 is already here.
Because I find it very, very good.
And since I'm not so familiar with it anymore,
I thought, I'll explain it briefly.
I started it with that.
And I think my biggest mistake back then, since I was 19 years old,
was that I was 222.50.
I'm sure that I was 212.50.
I had a short time, because I thought, okay, let's try some game money.
And then I just started it with that.
And actually, with the first trade, I won 100 euros.
Then the 100 euros won.
And from that point on, I was absolutely fixed.
No, I was absolutely in this thing and totally honest.
Maybe I should just briefly explain what I did at that time.
I was 19 at that time.
I was the last year of Zivilins.
Plus double the year of the 9-8.
So I could buy it.
I was there at that time, at that time.
And of course, there's no studio.
No studio place, because double students.
I had to do the Zivilins.
I had to do it at a certain point.
I had to do it in private.
What a great experience was, but no money at all.
I lived with my friends and I was not bad at that time.
So I had to tell you, I never had financial problems in my mind
because I don't know how I can afford to buy my food.
But it wasn't like that at that time, when I could afford it.
At that time, I couldn't afford it.
I couldn't afford it.
I think that this point, the current value I had at that time,
was very unorientated, very direct.
I was very, very anxious about money,
because I didn't have any experience at that time.
I think it was a great decision at that time
that I had to deal with trading.
And that I was able to buy it.
Now let's see what's going on.
I had at that time, what was I maybe 2,000 or 3,000 euros on Spanish.
That was the first, let's say, 4, 5 months ago.
That was always the same.
I lost 2, 2, 2, 3, 3, 3, 3, 1.
Then it went back to 0 or 3, 4, 3, 4 and then 5, 6, 4 and I lost everything again.
It was definitely the first year of the first massive loss I had in my life.
It was really massive.
Then I realized that I was okay with it.
There were YouTube videos at that time, but it was still a lot of fun today.
So if you're lucky today about the topic, there are a lot of solo coaches and nothing else.
At that time there was only such a mist. There were only people who took the money out of the bag.
And yes, that was the next negative shit that I then went into.
That means I had definitely bought some mist from some templates back then for the Meta Trader.
Then I bought a signal for example, which is not working right behind me.
And then I thought, in my naivytz modus, my Trader naivytz modus, I can now buy 500 Euro on a Trader Control.
A service for the binary option signals that cost 2000 Euro in a year, almost against compensation.
That doesn't work. That's absolutely clear to me at that time.
Well, that's how it went back to the year in the country.
And meanwhile it was so obvious that I didn't have any money, and that everything was red, so it was all over.
I had there at that time a very similar Giro Conto plus a credit card.
The credit card had a 1000 in the limit.
And in my Giro Conto had 500 Euro Dispo.
As usual, today I still have it. I still have it today.
And that was actually about 10 months completely red.
I had already had two high jobs to come across the ground again.
And everything I had somehow had money from Wednesday at night or something.
I checked in straightened it again.
And that was actually a phase where I say, that was very, very, very limited to play search as a trading.
So that didn't have to do with trading. That was really search.
And then it was the high point of this scenario that I started with me at Internet Byzantones.
Which devices, for example, for iPhones, were to pay for trading.
At that time, I didn't have the money, I had 7, 8,000 Euro back then.
That was on 12 trades. That was somehow 7, 8% paid.
And that's what I took back again.
And you bought it at Iber or Iber smaller at that time.
What also had a bad price was that it was very, very expensive.
And with this money, I started to trade again.
And that of course took me somewhere.
So, I would say, after two and a half years, it's always very difficult.
The whole thing is over a year or ten years.
I had to collect my assets and get out of the market.
And I don't know if it helps, so I would just say which month it was.
But I would say, after two and a half years, I was very, very close to the private investment.
That was a hard one of the private investments.
I didn't say it until now.
So, the only thing I had at the time was massive self-haz.
I would say, you start tomorrow morning, you start at 200-600, you have a high flight.
Then a trade is coming, everything is gone.
And this haaz is really lucky to me at this time.
And I also see it in terms of language.
It's very cheap, I would say.
I'm not stupid, but it's already very limited.
It has a very, very bad feeling about me and my ego.
And I had no one to tell me until now.
My dad is a very conservative type.
My mom also.
When I started, I wanted to trade.
The first thing I did was to be as fast as I could.
That was at that point.
At that point, I didn't say it right now.
I made it myself.
I just came to the point where I was so happy that I had two options.
Either I ask my dad for money, or I help him, or I trade with him.
That's what I do.
I have about 22 private investments.
And I think that was only five years ago.
I think, for example, it's only two years ago, but I can't play the role.
And then with my dad, the whole thing looked like that.
And then I said, at the end of the third year of live trading, I heard it completely.
I would say, good, half to three-fourth of the year, then I didn't live, only demo.
And it also starts here, to understand it a little bit differently.
So I then noticed, that you have this risk of distribution of the chance to use risk.
That it's not so cool.
I knew that back then, not what I should do as an alternative.
So there was the CFD trading.
There are still today.
But at that time, where I was there, where I was with the trading.
In exchange, it was difficult to learn the language that I tried to learn.
That was then, like, in 2013, in the Dreh.
There was also a topic like the trading.
So the trading would mean, if you have a 1000 on the CFD account,
and you go in with the 1000 Euro in your position and it's something together.
And it runs completely against you.
That you're not only on a 0-valid account,
but also a 2,000-2,000-3,000 Euro schulman broker.
And of course, it has to be.
And it struck me at the time, that I didn't do it with the binary options.
Then, the next thing that I did from this whole 60-second trades
to 15 minutes, which at that time was a really big,
big aspect of the bar for me.
I mean, at that time, I just looked at the tick charts,
two at once on the second chart.
And that's so cool.
And at that time, I could look at 20, 30, 40 more.
At the same time, I would just look at the tick charts,
the whole day, a quarter and a half, and traded down.
And then I noticed, okay, hey, there's a little bit of what the market has influenced.
I have a little more to deal with.
I've got all these indicators and templates, as they all mean,
mixed them out.
And I would say that after the fourth year,
in my opinion, the price action trading has actually set.
Price action trading is, I would say, the most classic variant of the trading.
That means, you really do charts analysis with some kind of digital tools, for example.
So to say, you do zones in, you do trend lines in.
Elliott Waves, also down there.
For me, we're after the zones.
That's what I'm going to explain in this podcast, of course.
And that was my, my happiness.
So that was really the way to change from absolute
to this gamified system.
In addition, okay, it has to be trading somehow differently.
And then I started to watch YouTube videos.
Massive, because for cool and outstanding, I don't have any money.
And in particular, I don't have anyone's trust.
You also have to say it wrong.
And then I started making real trading channels.
So I really know these Diner Fielhäfters, which you know from school,
which I've already written completely.
I think that I still have five or six pieces left.
I've just shown you and done it and done it.
And then it actually lies in a relatively good direction.
I then went to a year.
So from my initial 500 euros, which I had at the time,
he had a binary option, a relatively good deal.
So we now have about 9,000 euros.
I'm not a fan to call numbers.
And I also want to not give up here at all.
But with that, you just know how you can protect it.
I have to tell you something.
That was also not necessarily a success that I'm still proud of.
So first of all, it has been a long time since I started.
And second, that was the physical management.
It's very, so over seven.
So I'll tell you the whole time, 10 or even 20.
That's just going with an immense risk.
Where I think all the things that are very proud of me.
That I then had the rice line with the binary options.
And it was that way.
So I had this close to 9,000 euros for a year.
I tried it.
I thought, okay, I'm going to be too hot now.
I'm going to add the rice line and wanted this money to be paid out.
And then the next damper came.
The broker has then started to send me some messages.
So to say, yes, you have to sit down.
Then I immediately got around.
There was a month later.
Then something was still there.
There was a month later.
And then there was still such account support.
So, in the end, it was very, very careful.
When you have some kind of account support,
who give you trading techniques and investment techniques,
information.
That doesn't even happen.
But at that time, it was like, really, so you clicked on the payment button.
And then it was like that, that I was just like a guy.
And I said, hey, it's pretty good.
I don't want to continue.
And then there are a few good documentation in the net.
They just explained this press call on because this broker.
And yes, then it all took two months.
At that time, thanks to the legal protection of our family,
the number of months passed and then I got the money.
Then I paid the store.
All that you have to pay.
I didn't have much because I didn't have much.
And I took my money.
And I am in CFD trading.
And CFD trading, at that time.
I explained it a little before.
It was still so important.
Well, that's it today.
I just wanted to say a little bit that I wanted to do a little bit more,
because I wanted to do a little bit more, because I wanted to do a little bit more.
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because I wanted to do a little bit more, because I wanted to do a little bit more,
because I wanted to do a little bit more, because I wanted to do a little bit more,
to earn something to pay my goals and to improve my content.
And then started making YouTube videos.
That was actually a long topic at the time.
I started making YouTube videos at 2016.
About my trading, I showed my life content.
I didn't see it at all.
The videos were on sale on October 10th.
I didn't have any idea of YouTube.
But at some point I said to myself, "Okay, I'll ask 1-2 people to take it with me."
At that time I think 200 Euro cost for half a year.
I really didn't take much.
But I just noticed that it's not that easy.
And somehow they are always the same reasons why they come.
And then I started making a video course completely to film.
And at that time my side was "SoGitTradin.esGitTradin"
or "SGitTradin".
The course was finished.
I think at the end of 2016, 2017 was completely closed.
And then I started making a video about it.
I started making a video about it.
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[MUSIC PLAYING]
Podcast Summary
Key Points:
Introduction to the podcast "Back to Detroit" and the host, Philip Kranider.
Background on Philip Kranider's trading journey, starting with binary options.
Transition to CFD trading and the evolution of his trading strategy over time.
Summary:
The transcription is an introduction to the podcast "Back to Detroit" hosted by Philip Kranider. He shares insights into his trading journey, starting with binary options in 2009 and the challenges he faced, including significant losses and learning from mistakes. Philip eventually transitioned to CFD trading, where he developed a more structured trading approach focusing on price action analysis.
Through trial and error, he evolved his strategy, emphasizing risk management and continuous learning from resources like YouTube videos. The narrative highlights the importance of perseverance, learning from failures, and adapting trading strategies over time. Philip's story serves as a lesson in the evolution of a trader's mindset and approach to the financial markets.
FAQs
The podcast 'Back to the Trade' is a complete trading course focused on sharing trading knowledge and experiences.
The host of the podcast is Philip Kranider, who shares his trading journey and insights.
The podcast covers topics such as trend analysis, trading zones, and technical aspects of trading.
The podcast is not sponsored and does not include any advertisements or active offers for coaching.
The podcast emphasizes price action trading, which involves chart analysis and using digital tools.
The host describes his early experiences with binary options trading as challenging and marked by significant losses before finding success with a new strategy.
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