psychology of trading

trading psychology

trading psychology

trading psychology

Trading Psychology: 5 Approaches to Leverage The Psychology of Trading For further Profit '5 Easy Trading Psychology Methods 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 likely to discover 5 powerful daily ways to prepare yourself to overcome trading stress and panic, your #1 Profit Killer, to help you start every new trading session together with your trading psychology tuned-up for trading profit success.
Listed here are my top 5 approaches for preparing your mind for calmer and much more confident trading:

1. Be clear by what is causing your stress and trading anxiety. Your imagination often exaggerates exactly what you perceive as threatening this also 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 emanates from. Irrational trading anxiety is mostly formed as a result of past experiences as an example previous trading losses, so think about exactly where your stress and trading anxiety comes from order to determine if still it has relevance with your trading or whether it is an emotional hangover that is not required.
3. Please 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 going for a trading loss that are more fantasy than likely. Really challenge this 'what if' negative consequences thinking and ground yourself only of what can really happen.
4. Be familiar with the first physiological signs and symptoms 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 when you're mindful of your body's reaction when you sense you are entering an issue you know causes you stress and trading anxiety. After you have identified this starting sensation you may invariably take action to eliminate it before it requires control of your trading mind.
5. Use powerful deep-mind ways to remove the negative emotions. I don't have enough time here to teach you all I know about the deep-mind methods for eliminating unhelpful emotions but to get started let me share one powerful technique along. As discussed earlier, nervousness is increased because of what you think about so an easy way to stop this really is to break your anxiety thinking pattern by employing past evidence that what you really are imagining simply isn't true. So to do this, when you find yourself thinking of future losses, come up with a conscious effort instead to recall in your thoughts the times when what actually transpired next wasn't as bad when you had imagined.
As you apply each of these strategies on a daily basis, you are preparing proper effort into view any subsequent trading losses in the more logical as opposed to emotional way, so that you can then make profit enhancing decisions instead of 'Profit Killer' anxiety based loss aversion decisions.
Make these strategies a practice by repeating them regularly so you can make all of your trading as anxiety free as you possibly can and so avoid any future emotional revenge trading.
So, would you like to trade with more trading confidence and fewer stress and trading anxiety so that you can achieve bigger profits?
All you have to do is click below & enter your business and email to get FREE instant access for the worksheet and get started without delay.

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