How trading expectations affect trading (Part 1) is about learning to utilize your emotions in ways that are beneficial to your trading rather than in ways that are destructive. If you don’t properly process your emotions then uncertainty is going to be a problem forever. Break this dangerous cycle now!
Click here or in the video below to learn more!
Trader Behavior Gives Clues!
Certain types of trader behaviors can give us clues as to when a trader’s logical reasoning centers shut down and cause the trader to default to unproductive natural human cognitive biases. Can you relate to any of these situations?
- Broke your trading plan
- Jump to another trading strategy that looks better
- Trade too large in size
- Stay in a trade too long
These patterns of behaviors often occur because a trader is afraid or anxious. Feeling afraid and anxious will put you into what we call a failure loop. Fortunately you can escape this failure loop by learning how to properly process your fear and anxiety in a way that will allow you to accept the uncertainty that is always going to be present in trading.
Realize that fear and anxiety are produced through unproductive beliefs, values, and expectations within our unconscious mind. While we may not be able to control the unconscious mind in the moment, we can train it to feel and behave differently in the future.
The training of the unconscious mind to process information differently can include such things as:
- Mental rehearsal
- NLP (Neuro Linguistic Programming)
- Guided meditation
This is important for every trading to know! If you aren’t already on our mailing list, click here or on the JOIN NOW button below to be sure to receive Part 2 in the next episode!