Skip to main content

Trading Psychology and Emotional Control

Trading Mindset and Psychology



EVER QUESTIONED YOUR TRADING ABILITY?

If you have ever held onto a trade too long, hesitated on getting into a trade, been nervous about pulling the trigger and you are starting to doubt yourself or your trading plan.
Get the most comprehensive and practical trading psychology program that actual successful professional traders use to master their emotions and lock in the potential for profits…
Welcome to Mindset Mastery. Whether you trade options, stocks, fx, indices futures or CFD’s. I’d like to ask you ask you a question? Have you ever gone to place a trade – hesitated, recalculated, hesitated – and then missed the trade?
Or perhaps instead jumped into the trade too early? In both cases missing big profits and instead resulting in yet another loss??
Perhaps you have spent months or even years studying, back testing, attending seminars, webinars and paper trading and can’t quite get it to stick…
How about maybe you have done a trading course, or more likely courses… You follow the instructions to the letter – you have constructed your plan, you have back tested it, you fund your account – the set up looks great – you click the trigger…
Everything exactly as it should be – AND you get stopped out…. Ouch! But no problem – you are motivated – you get back on the horse and go again
BABOOM – same outcome – another stop out. But that’s ok some trades work – others don’t and you know this – you have confidence in your system and training after all, you spent months getting ready to start.
The next trade presents itself – and you hesitate – maybe you should just watch that one and see if your system would have worked – and BAM – A big profit – that would have helped you back to profit on your account is missed….
What’s more, now there is a conflict because in your plan it said to take every trade!!

Comments

Popular posts from this blog

Ensuring Your Legacy: The Importance of Estate Planning and Wealth Preservation

Introduction Estate planning and wealth preservation are vital components of financial management that extend far beyond the realm of the affluent. Regardless of one’s economic status, creating a comprehensive plan ensures the orderly distribution of assets and minimizes potential disputes among heirs. This article delves into the significance of estate planning and wealth preservation, exploring key strategies to safeguard and transfer wealth effectively. Understanding Estate Planning Estate planning is the process of organizing and managing one’s assets during their lifetime and determining their distribution after death. It involves a thorough examination of financial holdings, including real estate, investments, business interests, and personal belongings. The primary goals of estate planning are to minimize taxes, ensure a smooth transfer of assets, and provide for loved ones in accordance with the individual’s wishes. One essential component of estate ...

Why Investment News Will Help You Make More Confident Decisions - Australian Investment Education

  Many “would be” investors think the best way to make profitable trades is to get a trading platform, look at the charts and just give it a go. If only it were that easy… Over a thirty year professional trading career and having helped “rehab” thousands of investors, I have learned that there is a lot more to it than that! And that’s where Investment News comes in.

Navigating the Top 5 Market Trends in 2024 - Andrew Baxter

  1. Artificial Intelligence and Tech Stocks Artificial intelligence (AI) continues to dominate discussions in the financial markets . Tech stocks, particularly those involved in AI, have shown remarkable performance. The NASDAQ, driven by companies like Nvidia, has seen impressive gains, echoing the strong performance of 2023. However, this sector’s success also brings volatility. Overvaluation and shifting market sentiment could lead to sudden downturns. It’s crucial to monitor these stocks carefully and consider diversifying your portfolio to avoid overexposure to this volatile sector. 2. ESG Investing Environmental, Social, and Governance (ESG) investing has been a hot topic throughout 2024. However, the enthusiasm for ESG seems to be waning in the face of economic pressures. Countries like the UK have reconsidered their carbon-neutral goals due to economic constraints, and companies like Fortescue Metals have scaled back their green energy projects. While ESG remains important...