My Traders State of Mind
This Month's Educational Video by Rande Howell is Below
It would be so different if you could just follow your rules. When you trade your rules, things work out. If you know good things happen when you trade your rules and bad things happen when you don’t follow your rules – it’s only logic – you discipline yourself to always follow your rules. But that is not what happens in trading. Traders intend to follow their rules, but in the heat of the moment discipline falls apart and you break your rules. Again, again, and again. Without those rules the trader is gambling without an edge. This is the bane of nearly every trader who needs to learn how to be emotionally disciplined in the midst of uncertainty.
Are you ready to establish emotional discipline as a core skill in your trading and follow your rules? Then come to this free webinar. Come and learn what it is going to really take.
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.
Without training and internal courage, this is the last thing you will want to tackle because it forces you to step out of your comfort zone into the discomfort that facing uncertainty causes to the untrained mind. This avoidance is why you stay stuck in unrealized trading potential. You come to realize that the health of your trading account is the only honest way to see your real beliefs in action (or a benchmark based on the trading account). Beliefs, emotions, and performance are tied together and the trading account is the only real judge. It will hold you accountable for your performances. This is the alchemy that gives rise to the Traders State of Mind.
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?
Knowledge Is Never Enough
Scroll down to the SECOND video to see this month's educational webinar from Rande Howell, Trader Psychologist
-- INVISIBLE WALLS:
Breaking Through to Your Potential
This Month's Educational Webinar by Rande Howell
Breaking Through the Barriers to Your Potential
You know you need to be emotionally disciplined and patient. And you can be – for a while. Then, you become emotionally reckless again. It’s perplexing and baffling. It’s like you keep hitting an invisible wall in your trading that ambushes your trading mind. Come and find out what is really sabotaging your potential as a trader – and what you can do about it. Watch this video.
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.