Having an unhealthy and unrealistically high level of confidence can be devastating to your trading account. However, not being confident enough to put on a trade at all can mean you will not be able to reach your trading goals. The delicate balance is revealed in this episode. WHAT YOU WILL DISCOVER -When confidence isn’t […]
traderpsychology
Trading Confidence Clarified Part 1
Having 100% confidence is NOT a good thing. Although it sounds like it would be right? There are many aspects of confidence that you may not have thought about. Listen in and learn some surprising distinctions you might not have considered before AS WELL AS EXERCISES TO ASSESS THE CONFIDENCE YOU NEED TO ACHIEVE YOUR […]
Evaluating Trading Decisions; Trading Performance Podcast – Episode 4
It is common for traders to break their plan. What are the consequences of this decision? The consequences can be pretty dire if a trader takes away the wrong lessons from the trade. What happens when you get rewarded from breaking your plan? How does your subconscious interpret that reward? And what decision will […]