Psychology and trading is a real deal and each of us must deal with this issue if you expect to trade and more than that, if you plan on being a successful trader. This issue is not regarded as an essential part of trading. We will dig into this topic and not stop until we have discussed each area so that you can reboot your trading business and get off on the right track.
What We Will Explore:
* We speak about the negative results you will face if you do not entertain the topic of psychology and trading.
* We deal with the reality of two items that should never be mixed, fear and trading!
* We encounter greed in trading and how to deal with and put greed in its place.
* We explore the serious advantages of using trailing stops and other orders to help protect your profits.
* Disappointment with your trading can ram a hole in your trading boat and possibly sink your trading business. We will discuss how to avoid being disappointed with your trading!
* Ah, emotions the downfall of many traders. As you reboot your trading business there are secrets to controlling your emotions and we dive right into the secret.
* There is grace in stepping back from your trading business and we will explore this reality!
* One of the main keys to controlling our emotions is to identify them, we will take this in this training.
* We will explore one of the significant keys to learning from your mistakes because we all make mistakes, but learning from them is crucial.
* Our final look will be at the dynamics of using back-tested and predictable indicators.