My Traders State of Mind trader psychology
Keeping a Disciplined Mind When the Pressure is on to Make Your Money Back
What happens when you get ambushed by revenge trading or trying to make up for prior losses? Most never understand what happened and remain dangerously clueless. And how do you stop the ambush from happening in the first place? This video by Rande Howell, trading psychologist, explores the foundations of this trap – and how to master the mind that takes losses so that it does not escalate into the emotional hijacking leading to desperate trading. Watch it now.
This Month's Educational Webinar 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.
Trading success looks so achievable until the money is real. Then something happens. After ignoring trader psychology as a light weight topic, it dawns on you that emotional self control is the name of the game. This is the missing skill. Initially, traders 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?
There is an innate urgency to make up for prior losses, particularly after several losses in a row. This survival instinct gets traders into an awful lot of hurt. You know, in hindsight, that you shouldn’t take the bait. But the urgency grabs you and you fall into the trap. Come learn how you can master the emotional skills of taking losses. This free webinar will show you how you can interrupt the emotional pattern that underlies revenge trading and trying to make up for prior losses. Come and learn.
Scroll down to the Second video to watch this Webinar: Keeping a Disciplined Mind When the Pressure to on to Make Your Money Back
This Month's Educational Video from Rande Howell