Scroll down to the SECOND video to see this month's FREE Webinar from Rande Howell, Trader Psychologist
-- USING Failure Differently - Building a Winning Trader Psychology
This Month's Educational Webinar by Rande Howell
What’s behind all the stress? Whether it is choking under pressure or having to win – the fear of failure renders your knowledge of trading useless just when you need it most. Come learn how to use your fear of failure (if you’re willing to admit it) to build the mind needed for success in trading.
This Month's Educational Video by Rande Howell is Below
The Mind you bring to the management of Uncertainty is the Real Edge in trading. It is yours to de- velop or to remain stuck in performance. And the markets do not care.
Learning to deal with the fear of failure is one of the biggest keys to becoming a successful trader. But few accept the challenge. It does take courage to realize your potential. Come learn how failure and success are linked in developing the trading mind.
It looks so do-able (and it is) until the money is real. Then something happens. In an emotional ambush, a trader's need to be right or his fear of losing corrupts a perfectly good trading mind. This is the missing skill. They do not grasp that the certainty based mindset that they bring to trading will never bring success. Trading success requires developing a probability based mindset. Management of emotion and the hidden beliefs you bring to the management of uncertainty are the fundamental psychological skills needed for success.
Successful traders are not trying to control outcome by external means. They are learning to manage their internal experience and, thereby, controlling the mind they bring into the moment of execution. By letting go of the illusion of control over outcome, they learn to control the one thing they can control -- the process of trading. This is their edge over the herd. Do you want to learn how?
My Traders State of Mind