Trading Psychology Video - Do You Recognize Where You Are Right Now?
Seriously, do you recognize where you are right now?
Yes, this can be a big problem for you if don’t.
[NOTE: Make sure to read this entire message - it only takes a couple minutes. Do NOT make the mistake of getting half-way through it and then dismissing the rest thinking that you already were attending to this or that it doesn’t pertain to you.]
Here’s one way to tell if you don’t really know where you are…
Do you sometimes feel at a loss as to what to do to get your trading where you want it?
If so this is a good indication that you don’t understand the developmental curve or at least where you are on that curve. This is why you don’t know what to do.
You see there are several different stages that you have to go through in the process of evolving from a rank newbie to a fully proficient, very satisfied and consistently profitable trader.
No one goes straight from being a “1″ to a “10″ without passing through the points in between.
NO ONE.
There is a progression, a developmental curve, that you just can’t skip over.
If you try to, you’re going to have issues.
Issues that you probably have been led to believe are ‘psychological’ issues like discipline.
When the truth of the situation is that you simply need to attend to the more practical matters.
When you do, most if not all of the ‘trading psychology’ issues that you think you had take care of themselves and good trading becomes easy instead of a daunting task.
There is one stage in particular that most traders ‘try’ to skip, but they are not allowed to. You simply have to attend to this one, no “ifs” “ands” or “buts” about it.
You wind up working through it one way or the other.
You can do it intentionally on your own and in an effective, time-efficient and cost-efficient manner.
If you choose to ignore it, the markets will force you to attend to it anyway, and the markets are HARSH.
To help you understand this evolution that all traders have to go through better, I’ve made a short video where I explain the specific stages in more detail.
(If you get an error message or the video doesn’t play, just double-click it to go to YouTube)
Once you understand these matters (that no one brought to your attention before), it takes much of the stress out of your trading.
Cheers
Brian
“The Trading Turnaround Coach”
P.S. This time of year is great for preparing for the fourth quarter. Make sure that you are getting underway!
Psychology of Trading - Last Chance for the “Disciplined Trader Basics Program”
Psychology of Trading - How To Put Your Frustrations Behind You For Good
If you are frustrated TO ANY DEGREE with your trading, then this video is a must-watch.
It takes right to the root-cause of what is causing your frustrations and challenges, and most importantly what you need to do to put your frustrations to an end.
NOTE: If the video doesn’t start or shows an error, just double-click it to go directly to YouTube.
Click here after watching the video
Cheers
Brian
“The Trading-As-A-Business Coach”
P.S. Seriously, if you are frustrated to any degree, then this video shows you what is really going on. If you DON’T attend to this one matter, then you probably will never see then end of frustration.
Forex Trading Psychology - It’s Not You, THIS Is The Problem…
I see it all the time, traders (people) feeling like they should be doing better than they are.
They’re all bunged up about the fact that they make what appear to be stupid mistakes over and over.
Another common situation is struggling with hesitation and other perfectly natural emotions for a person to experience.
There is really nothing wrong with these people at all.
They don’t have any psychological issues, neuroses, discipline issues, or other ‘problems’. Again, there is nothing wrong with them at all, nor their systems necessarily.
It is the situation and how they are proceeding through it.
Whenever you are put in a circumstance where you are having to take in and assimilate a significant body of knowledge, this takes time.
Plus when you are learning and developing new skills, this too takes time, practice, and other things to get to the point where you are comfortable and operate proficiently and consistently.
Now the problem for many is that they don’t have a plan or a process on how they’ll get themselves organized and developed into that highly competent trader and owner of the trading business.
Then they wonder why they’re still fighting the same issues, even after logging a few years in as a trader.
They never got properly organized to get through the learning and development curves, nor in a timely manner.
- and so they get kind of stuck at a point of survival but not really succeeding.
Does any of this sound familiar?
That’s why it is so critical that you treat your trading as a business, including putting together a REAL and working Business Plan - to make sure you get there and in a timely manner.
When you’re ready to make sure you get there, click here
Cheers
Brian
“The Trading-As-A-Business Coach”
P.S. If you don’t want to stay stuck just treading water, then do what you need to to actually take it to that next level. Don’t just keep doing the same things.
Forex Trading Psychology - “Courage” Video
Filed under: trader training, trading as a business, trading psychology
I know I wrote about this yesterday, but it is SO vital to good trading that I decided to make a short video about it too.
Courage in trading is a sign of a very real and potentially big problem.
Discover what the danger is and how to address it in this short video.
To watch the 21minute video that covers the whole matter, click here
To see how well you’re doing, take this quiz
When you’re ready to take it to the next level, click here
Cheers
Brian
“The Trading-As-A-Business Coach”
P.S. If you don’t attend to this problem, you are leaving yourself open to a never-ending battle with emotions making your trading difficult. Address it and be free!
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