My Traders State of Mind trader psychology
How do you build a mind that stays disciplined and patient in the midst of trading? Clearly this is the gap between the potential that a trader sees in trading and the reality of his trading. Come learn how to train the brain to effectively engage uncertainty. Watch this webinar and learn
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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.
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?
Trying to separate emotion from thinking produces disastrous results. But the truth is traders don’t know how to work with their emotional nature very well. Yet, it is the edge. Learning to develop your emotional nature for the demands of trading is the key to successful trading. Come learn how emotion and thinking can work together to build an effective mind for the demands of trading. Watch this video.
Scroll down to the SECOND VIDEO to see this month's educational Webinar, Mastering Fear and Aggression in the Moment of Uncertainty
This Month's Educational Webinar by Rande Howell