As humans we make decisions based on emotions. Of course we sometimes use logic change our decisions but our initial decision, and the one we are most likely to act upon, is always based on emotion. This is because our emotions are much more powerful and react much more quickly than our logic. Therefore, our […]
Trading Psychology
The Power of Focus
Most traders have no idea of the amount of progress they can make when they focus all their resources on mastering a single style of trading. Controlled focus is like a laser bean that can cut through the biggest challenges that have been blocking the path to your success. When you focus consistently on the […]
Properly Setting Your Trading Goals to Lower Stress
As traders we often set some sort of performance “goals”. We might say something like “My goal is to make $5000 per month trading”. There are problems with that goal, the biggest problem being that we don’t actually have control over how much money we make in any given trade. We might have a lot […]
Your Self-Image (Perhaps the most important part of your success as a trader)
It’s been proven time and time again, you cannot stray far from your own self-image. Your sense of identity, or what you believe to be true about yourself, is the strongest behavioral driver there is. Your unconscious mind will take any action necessary to make your self-image a reality for you; even if you strongly […]
Becoming a Confident Trader, It’s Not What You Think
As a trading psychology coach, one of the more common questions that comes up is “How can I be a more confident trader?” This is an extremely important subject because having the correct confidence level is essential to being a good trader. Lack of confidence creates stress and poor trading decisions which lead to unneeded […]
The Secret Key to Your Trading Success
For those of you who knew me early on in my trading career, you’ll remember that I’ve had some great failures. I’ve made mistakes, had repeated losses and have felt like I was never going to make it at times. Luckily for me I had already secret knowledge required to become a great trader and […]