Trading Psychology: 5 Ways To Leverage The Psychology of Trading For More Profit



http://rightmindtrader.com/training/trading-psychology-top-5-reasons-you-need-a-coach/ ‘5 Easy Trading Psychology Strategies to Overcome Your #1 Profit Killer’ Hi, I’m Les Meehan Internationally known trading psychology expert and author and in this video tutorial, you’re going to discover 5 powerful daily strategies to prepare yourself to overcome trading stress and anxiety, your #1 Profit Killer, so you can start every new trading session with your trading psychology tuned-up for trading profit success. Here are my top 5 strategies for preparing your mind for calmer and more confident trading: 1. Be clear about what is causing your stress and trading anxiety. Your imagination often exaggerates the things you perceive as threatening and this increases your stress and trading anxiety, so take a step back and get a realistic view of what is really causing your negative emotional reactions. 2. Identify where your trading anxiety comes from. Irrational trading anxiety is generally formed as a result of past experiences for example previous trading losses, so reflect on exactly where your stress and trading anxiety originates in order to determine if it still has relevance in your trading or whether it is an emotional hangover that is now not required. 3. Take a ‘big picture’ perspective of the real consequences of losing (not the imagined ones). Again, your imagination can run wild creating in your mind totally unrealistic ‘what if’ consequences of taking a trading loss that are more fantasy than likely. Really challenge this ‘what if’ negative consequences thinking and ground yourself only in what can really happen. 4. Be aware of the first physiological signs of your stress and trading anxiety. Stress and trading anxiety are emotions with physical symptoms and so you feel them in your body in some way or another. These physical symptoms will have a very definite starting sensation and you can become aware of that initial sensation by being mindful of your body’s reaction as you sense you are entering a scenario you know causes you stress and trading anxiety. Once you have identified this starting sensation you can quickly take action to eliminate it before it takes control of your trading mind. 5. Use powerful deep-mind techniques to remove the negative emotions. I don’t have time here to teach you all I know about the deep-mind techniques for eliminating unhelpful emotions but so you can get started let me share just one powerful technique with you. As discussed earlier, your anxiety is increased because of what you think about so a simple way to stop this is to break your anxiety thinking pattern by drawing on past evidence that what you are imagining simply isn’t true. http://tinyurl.com/pk-worksheet So to do this, when you find yourself thinking about future losses, make a conscious effort instead to recall in your mind the times when what happened next wasn’t as bad as you had imagined. As you apply each of these strategies on a daily basis, you are preparing your mind to view any subsequent trading losses in a more logical rather than emotional way, so you can then make profit enhancing decisions rather than ‘Profit Killer’ anxiety based loss aversion decisions. Make these strategies a habit by repeating them regularly so you can make all of your trading as anxiety free as possible and so avoid any future emotional revenge trading. So, would you like to trade with more trading confidence and less stress and trading anxiety so you can achieve bigger profits? All you need to do is click below & enter your name and email so you can get FREE instant access to the worksheet and get started right away. http://tinyurl.com/pk-worksheet

Comments

  1. real video starts at 3:51
  2. lol eyes rolling were an odd feature to the video
  3. Worksheet link renewed! You can download from: http://tinyurl.com/pk-worksheet
  4. 0:38  Do professional traders really roll their eyes like that? I'll practice now.
  5. not able to get worksheet, its showing below msg
    The page you are looking for is no longer here, or never existed in the first place (bummer). You can try searching for what you are looking for using the form below. If that still doesn't provide the results you are looking for, you can always start over from the home page.
  6. Great stuff!


Additional Information:

Visibility: 5286

Duration: 9m 5s

Rating: 45