Trading Psychology Article - Stressed? Overwhelmed? Nervous? 3 Helpful Things In These Turbulent Times

August 12, 2011 by admin · Leave a Comment
Filed under: stock trading, trader training, trading psychology 

Are you feeling stressed out with all the horrible and forboding news lately?

Are you feeling overwhelmed with all your responsibilities on top of your trading?

Are you nervous about your ability to survive and profit in your trading?

Well then you are NOT alone.

I’ve been getting a lot of emails over the last few days from subscribers that are really on the verge of panic with all that’s going on, both in the financial markets and in the world in general.

It’s quite understandable too.

Some of the events are pretty scary since there’s not really anything an individual person can do anything about, and they’re certainly hard to ignore.

Fortunately, there are a few things you can do,

A few matters which ARE within your control which you can address to make a difference in your world.

1.  First, keep things in perspective and use your ability to think strategically and NOT just tactically.

Remember, the markets are people responding to events.

To help restore your confidence if it’s been shaken, watch this video

In turbulent times like these, you’ve got a lot of people that are very fearful and emotional.  On top of that, the events that trigger the response patterns are occuring more frequently, plus people (the markets) are a bit over-sensitive compared to ‘normal’ conditions.

This makes for circumstances where things are even more unpredictable than usual.

So how might you approach this predicament?

Apply some strategic thinking.

Take a closer look at your system, particularly at the reasoning that it’s based on, the current climate (high volatility, overly sensitive masses, etc.) and consider if it is really suited to these circumstances.

It may be a solid system during less volatile times, but if you’re going to trade, maybe this system should be put on the shelf for now.

For example, if your system is dependent on a high winning percentage and / or nice ‘trending’ price action, then this might be asking for trouble.

It might make more sense to stay on the sidelines until things settle down if you’re not confident in your system to perform reliably when things are like this.

I know there are a TON of traders that would have been better to be OUT of the markets during 2008 and 2009.

Remember also to NOT antagonize yourself with the wild market moves, focusing on the money being made and “missing out” on it.  That causes many traders to trade recklessly and get seriously hurt.

2.  To help address feeling overwhelmed, here’s an article I just received this morning that very nicely details a method I’ve used myself for years.

Download the pdf here (no optin required)

On that page you’ll see several different resources, but the pdf is right there for you.

3.  If you’re nervous about trading in these turbulent times and not sure what to do with things all crazy again, and you want to be able to trade with some confidence, knowing that you can deal with the changing marketplace and economic climate, then here’s what to do to alleviate your anxiety the right way.

Change is inevitable, whether driven by specific events or just the natural evolution of things, so you absolutely MUST have a solid process to ADAPT.

Randomly making changes is one thing, where you simply ‘try’ one thing or another, hoping that something will work, but that’s not a very wise way to conduct your trading business.

The much smarter way to be is to make changes in a very calculated and business-like manner.

This is the ONLY way to make sure that you keep moving in the right direction without just throwing money at it.

Trading scared or nervous is NOT the way to trade.

This is serious business and challenging enough when things are ‘normal’.

If you’re feeling anxious about trying to trade in times like these, then put yourself in the position to have a very well-founded confidence, the kind of confidence you need to keep your cool and trade smart.

Remember, by having a specific PROCESS which includes adapting in a wise manner counters that anxiety by replacing it with confidence.

Gain the skill-set that gives you that rock-solid confidence

Cheers & Happy Friday!

Brian

P.S.  Don’t just sit there thinking that ‘focusing on discipline’ and following your rules will save you in times like these.

Apply your reasoning and take appropriate action to effectively deal with the situation and make it a positive one rather than a repeat of 2008 and ‘09 when so many traders took a viscious beating.

Here’s another video that has been tremendously helpful for hundreds of traders.

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Exclusive, Must-Have Bonus For Norman Hallett’s Disciplined Trader Training

August 2, 2011 by admin · Leave a Comment
Filed under: trading psychology 

Brian here and you’ve been getting emails from everyone about Norman Hallett’s training program, “The Disciplined Trader”

Very good program and well worth the investment, but it’s missing something

Something that you MUST HAVE if you truly want to put your ‘discipline’ issues behind you for good.

Now don’t get me wrong, Norman’s program does what it is designed to do:  attend to the ‘psychological’ aspects of your discipline, yes I do recommend the program - I’ve known Norman for years, and he’s got integrity.

In over 5 years of helping hundreds of traders myself, there it has become very clear that everyone seems to miss a key element to COMFORTABLE discipline that comes naturally.

Without this key element, that’s why the ‘discipline’ part of trading is so tough and requires so much effort…

.
So what is this “key element”?

Let’s take a closer look at the situation.

What makes ‘discipline’ so tough in the first place?

What’s going on inside of you in those moments when your ‘discipline’ breaks down?

Fears and doubts.

You’ve got the fear that the markets will turn against you and turn this trade into another loser.

This fear is telling you that you have serious doubts about your system to deliver.

Because your system is what is supposed to give you setups that work in your favor enough of the time to keep you comfortably profitable.

So that’s another fear:  your system isn’t up to snuff.

Then you probably also have the fear of not executing the system like you’re supposed to.

Again, this comes down to doubt about your system and your proficiency with it.

So how do you attend to these doubts and fears (yes there are others, but they almost all come back to you and your system)?

By filling in the gap that allows these doubts and fears to exist.

By filling that gap with CONFIDENCE.

And you get that CONFIDENCE in your system and yourself by quickly developing the MASTERY that you know you want but don’t quite have.

That voice in your head that says you think you have a pretty good system, but you have doubts.

You quiet that voice with CONFIDENCE through the Trading System Mastery home-study program

which you get for FREE as a bonus when you sign up for the Disciplined Trader course using MY link below,

Get the MUST-HAVE bonus to make ‘discipline’ a non-issue here

IMPORTANT!  You ONLY get the Trading System Mastery bonus for FREE when you use MY link.

If you register through someone else, then the price is $297, so make sure to get it HERE for FREE by going through my link (right now).

Cheers

Brian

P.S.  The Disciplined Trader training registration closes at midnight tomorrow and may fill up before then, so make sure to reserve YOUR seat NOW.

Gain the CONFIDENCE YOU NEED to make discipline problems go away

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Trading Psychology - “Disciplined Trader” Bonus Only Found Here

July 26, 2011 by admin · Leave a Comment
Filed under: trader coaching, trading psychology 

Now is the time, and through my link ONLY should you get the “Disciplined Trader” course.

“Why?”

Permanent versus temporary.

Because you want to attend to your discipline challenges permanently, not temporarily.

In order to permanently fix a problem, you have to truly understand what’s causing it.

If you only treat the symptoms, then the problem is likely to come back again at a later time.

In my experience helping traders over the last 5 years, I’ve found that
‘discipline’ problems are more of a practical matter than a psychological one -

…and almost always related to doubts regarding one’s trading system.

When you have a solid handle on something, when you’ve mastered it, you just don’t have discipline issues.

When the pressure is on, if you DON’T have it truly mastered, that’s when doubts and fears come in and mess with you and create the ‘discipline’ issues.

Well-founded confidence trumps doubt and fear every time.

When you fix your system issues and establish a truly solid confidence in it (by using the correct process of course), that’s when you can make those huge steps forward in your trading.

Now does this fix EVERYTHING?

Only about 95%

There may be a some lingering associations, patterns and conditioned responses from the past, but once the real source of the problem is addressed (again, solid confidence in your system), then these can be put to bed for good.

This is where Norman’s course comes in.

Here’s how to get the complete solution.

Signup for The Disciplined Trader Course using MY link below and I’ll give you access to the Trading System Mastery Home-Study Program as a bonus.

http://www.thedisciplinedtrader.com/?10068

This way your discipline issues will be tackled completely and permanently!

Of course, if you have any questions, just let me know.

Cheers

Brian

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[Trading Psychology] Trade with REAL confidence - time running out to save…

February 25, 2011 by admin · Leave a Comment
Filed under: trader training, trading education, trading psychology 

Helping YOU trade with REAL confidence is what we’re all about!

Time is running out on the 5-Year Anniversary Celebration where you can save HUGE on the resources you want to eliminate the problems in your trading.

Over the last 5 years, we’ve helped hundreds of traders get on with more consistent, more profitable, and more enjoyable trading.

To celebrate, we are having a 5-Year Anniversay Celebration Sale which means that you can save some serious bucks on educational and developmental resources specifically created to help YOU GET RESULTS!

PLUS, I had requests to extend the sale to a few additional items, so you’ll find out about those too.

Click here to watch this very short video and save some moolah!

Cheers

Brian

P.S.  This video is only about 90 seconds, and very worth your while to check out!

Watch the video here

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[Psychology of Trading Forex] How To Fix The Real Problem - Permanently

February 10, 2011 by admin · Leave a Comment
Filed under: Day Trading Forex Currency, stock trading, trader coaching, trading education 

Day before yesterday we discussed how the issues you encounter in your trading really aren’t from a lack of “discipline”, but were caused by something quite different.

(In case you didn’t get to see it, click here to watch that video)

Today we’ll explore the REAL matter and how you can resolve the problem - permanently.

This subject is so central to everything you do as a trader, and it just blows me away that NO ONE addresses it - and it is really very straightforward.

click here to discover the lasting solution to the real problem

Cheers!

Brian

P.S.  In today’s video, you’ll also discover the 3 grave mistakes that traders make that brings the struggles about - and what to do if you’ve made any or all of them.

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