Trading Psychology - 2 Key Questions: 1 Rarely Asked, 1 Very Revealing
Filed under: Day Trading Forex Currency, forex, trader training, trading as a business
When traders contact me to help them get their trading turned around, I ask them some questions in order to diagnose their situation and give them the best help.
Now they of course have some questions too.
But there have only been a few people that have been bold enough to ask the REAL question that floats in the back of the mind of nearly all struggling traders.
For that one question that everyone wants the answer to but is afraid to ask, plus one question I’ve found to be very revealing, watch the short video below.
Click here to shorten your time to profitability
Cheers!
Brian
P.S. Don’t gamble with your trading future. Get the help you need whether you get it at InsideOutTrading.com or from somewhere else, but don’t just go it alone!
Psychology of Trading Forex - A Critical Matter Easy to Neglect
Filed under: Day Trading Forex Currency, General, Trading Strategy, forex, trading as a business, trading education, trading psychology
Brian here and today I share with you a critical matter for traders
that all too often is easy to neglect, and subsequently if falls to the
side.
I remind you here so that you don’t suffer the consequences of allowing
this to happen to you.
I hope you have a wonderful weekend.
Cheers
Brian
P.S. Make sure to focus on what you need to focus on RIGHT
NOW, and then detach. If you need help, visit InsideOutTrading.com
Psychology of Trading [Focus] - 3 Questions You Should Ask Every Day
There are certain questions that you should be asking yourself every day as an independent self-directed trader.
On Dr. Phil’s show, he always gets around to asking his famous question,
It almost always draws a pretty good laugh from the crowd, and at the same time, everyone just KNOWS that it is the right question to be asking.
Now since you’re running a one-person organization as a trader, there are certain questions that you should be asking yourself everyday, just to make sure that you keep your focus where it should be.
Here are 3 critical questions for you to be asking yourself:
2. Am I doing what I know I SHOULD be doing?
3. Should I be trying to tackle this myself or would it be more time and cost-efficient to get help with it?
If you need help, then get it. There is assistance available to you so don’t cheat yourself out of getting there quickly and easily.
If you’d like my help, then visit my site,
or right here on my blog
Just take a peek at the resources to the right and see what works for you.
Even if you don’t get help from me, get some from somewhere.
Going it alone is definitely one of the hardest ways to achieve success.
Have a great rest of the week!
Cheers
Brian
“The Trading-As-A-Business Coach”
P.S. If your time matters to you, then take advantage of the assistance that is available to you - and allows you to leverage your time in the most efficient way.
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!
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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