Trading Psychology

Helping You Program Your Mind To Achieve Success In The Markets | The Psychology of Trading | Psych Grad | Trader

[Trading Psychology @TradedWisdom]

Financial markets will forever be an untamed beast.

Stop trying to tame the markets & tame yourself instead.

[Steven Goldstein @AlphaMind101]

The reality of Trading is that it takes you to ‘Uncomfortable Places’ emotionally. But if you aren’t willing to travel there, you have no chance of winning.

Your approach must enable you to travel these ‘uncomfortable places’ in as comfortable way as possible for you.

[Anthony Crudele @AnthonyCrudele]

We hear the stat 90+% of traders don’t make money & I’m not even sure that’s true. What I believe is that it’s not that they can’t make money, it’s that they can’t make as much as they want so they blow up their accounts in frustration & this is what causes that stat to be high.

[Merritt Black @merrittblack]

Make trading fun- fully accept discomfort, mistakes, bad luck as all part of the game rather than bringing a smothering perfection to the table which will have you finish most sessions with less money and a lousy disposition, cause your trading will never meet your expectations!

[Assad Tannous @AsennaWealth]

Trading to generate profits in order to pay daily expenses is like running the 100m sprint in a pair of restraining chackles. You will never trade at your peak performance under these circumstances. Last year was a great minder.

[Anthony Crudele @AnthonyCrudele]

It’s amazing how good I can trade one day and bad the next. If you think it’s all about your technical strategy you’re just kidding yourself. Trading is a journey of oneself.

[Anthony Crudele @AnthonyCrudele]

The impatient pay the patient.

[Austin Silver @austinsilverfx]

If there was ONE thing you wish you knew when you started trading, what is it?

[Bet Angel - Betfair trading @betangel]

Overtrading is the art of trying to find something that isn't there. So don't actively try to find reasons to trade. Find patterns to exploit and let the trades come to you.

[Trading Composure @TradingComposur]

Instead of being so focused on the money, focus on building mastery and watch how money comes simply as a by-product of that.

[Ian Cassel @iancassel]

We are all fighting the same battles: Riding a winner deciding if you should hold it. Holding a loser deciding if you should sell it. Sticking with a stock that has gone nowhere for quarters/years questioning your thesis. You aren’t alone. We are all fighting the same battles.

[Trading Psychology @TradedWisdom]

“The secret to life is to fall 7 times and to get up eight times.”

- Paulo Coelho

[Trading Psychology @TradedWisdom]

Your profit / loss is a distraction.

Seek measurements of your processes, not your realized / unrealized outcomes.

[Trading Psychology @TradedWisdom]

Accept that markets can do anything at anytime and that no strategy can win the whole time.

[Trading Psychology @TradedWisdom]

"I don't play the game by a particular set of rules; I look for changes in the rules of the game."

- George Soros

[Trading Psychology @TradedWisdom]

“People overvalue their knowledge and underestimate the probability of their being wrong.”

- @nntaleb

[Trading Psychology @TradedWisdom]

You entered your trade for a reason therefore keep it until the reason no longer exists.

[Trading Psychology @TradedWisdom]

“Show me the charts, and I'll tell you the news. Have an opinion on what the market should do but don't decide what the market will do. Be happy with a percentage of the move.”

- Bernard Baruch

[Trading Psychology @TradedWisdom]

AFFIRM:

I’m relaxed & focused

[Trading Psychology @TradedWisdom]

Learn how to hold winners & exit losers whilst trading;

Now apply to other areas of your life & watch your happiness & success climb.

[Trading Psychology @TradedWisdom]

AFFIRM:

I will achieve massive success because of my unbreakable willpower