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!
[Psychology of Trading] Why It’s A Mistake To Be A Courageous Trader
To even consider being a trader takes guts, that’s for sure.
Problem is, being courageous as a trader is really a red flag.
Here’s why.
You see, courage is taking action in the face of fear, in spite of it.
And trading from a position of fear is not a desirable way to trade at all.
If you have genuine fears, not just a little excitement from the anticipation of getting on with your trading day, then that is a sign that a real problem exists…
…a problem that will wind up costing you.
What kind of fears?
- The fear of losing money (or capital)
- The fear of failure
- The fear of making mistakes
…just to name a few.
Fortunately, there is a simple and direct way to become free of your fear.
That’s right. Instead of feeling fearful and anxious about your trading, you really can feel very at peace and secure.
It’s all about replacing your fear with real and well-founded confidence.
That’s why the addage “Treat your trading as a business” is so critical to being able to trade with true confidence.
The business-like approach gives you the full confidence that you are trading in a calculated and knowing manner, rather than hope and courage.
Now, there are certain elements and processes involved in treating your trading as a real business, and a proper business plan is at the heart of it all.
The word “proper” is the operative term in that statement. Most traders make the mistake of having “make lots of money” as their business plan, and that’s all. That’s not a business plan by any means.
To have real confidence in your trading operation, discover the trader training program specifically designed to walk you through the steps of properly organizing your trading business, including the creation of your own personal Trading Business Plan,
When you don’t treat your trading as a business, you’re running on hope and faith, which leave you open to all sorts of fears and other emotions.
When you are properly organized and prepared, you have true confidence in what you’re doing - and you no longer have need for courage because your fears have been addressed.
It is truly the best way to trade!
Cheers
Brian
“The Trading-As-A-Business Coach”
Trading Psychology - Fast relief from your fear, plus save $500 (limited availability)
Is fear interfering with your trading?
Very understandable if it is.
Fear is the #1 obstacle that plagues traders
Patrick was getting tired of having his fear of losing capital getting in his way, so he contacted me to help him work through it.
Here’s what he had to say:
But all that changed quickly after getting your assistance and putting to work some of your tools and recommendations. I am more confident in my trades and no longer worry about the unknowns.
If you’d like to put your fears behind you and do it quickly, now is your chance.
For a very limited time, I am opening up five slots in my 1-on-1 Fear-Elimination Coaching.
By being one of the next 5 that sign up, you also save $500 off the normal fee.
The Fear-Elimination Coaching includes up to 4 weeks of phone calls, diagnostic questions, and actions specific to your situation to get you past your fear.
You’ll experience a new level of confidence, better organization and a transformation in how you see trading.
Now is the time.
Click here to eliminate your fear
Enjoy!
Cheers
Brian
“The Trading-As-A-Business Coach”
P.S. Because this is ME working directly with you, this is STRICTLY limited to 5 and 5 only. If you wait and miss out, then it is by your own choosing. Don’t let that happen.
Click here to eliminate your fear
Psychology of Trading [Video] - What Truly Motivates Traders
Brian here with a YouTube video sent to me by a client.
I really enjoyed this because it sheds light on what really drives traders plus why traders often do the very opposite of what they know they should do.
Enjoy!
Cheers
Brian
“The Trading Turnaround Coach”
P.S. After watching this video, you’ll see why the P.I.T. Club Training Program is structured the way it is. The right start is critical.
Take a look here AFTER you watch the YouTube video.
Psychology of Trading - Manage Your Beliefs and Control Your Trading
I’ve got another excellent video for you today from Head Trader Todd Brown of TripleThreatFX.
In today’s video, Todd gives you insights on how to:
Here’s his message before you watch it,
What are your belief systems behind your trading? Do you
believe you can truly be successful? Because what you feel
about your trading plan has a direct influence on your results.
Your future in trading depends on your belief in the power
of the model and the strategy. I put together this video “SysTrain
Session from Dynamic Structure Training Series” to explain
this to you in great detail.
http://www.triplethreatfx.com/blog/
In this next video you will learn the 5 following points:
1. Developing a strong belief in your trading system.
2. What your brain sees when looking for the optimal
conditions when entering a trade.
3. How the “IF” in the conditional process is essential.
4. Applying the “WHEN” factor.
5. Combining both the “IF” with the “WHEN” together.
A sound trading strategy requires walking through the entries,
stops and targets. In order to see if it is a good strategy, there
will be a string of winners, losers and sideways equity.
You will learn to familiarize and accept the above three conditions
and how they are the components of absolute truth behind any
trading system you will ever see.
Simply click on the link below to be taken to the video blog
where you can watch the video and I welcome your comments
and questions as well.
http://www.triplethreatfx.com/blog/
Remember to Limit Your Emotions and Follow your Plan,
Todd Brown
Head Trader
TTFX
Have a great weekend!
Cheers
Brian
“The Trading Turnaround Coach”
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