December 15, 2017
4 Steps to Avoid Over-Trading | Trading Psychology
Today’s Trading Psychology question of the day… “I can’t seem to stop over-trading. I don’t know whether it’s my emotions, or maybe my personality isn’t meant for trading? Maybe I shouldn’t be a scalper? Whatever the problem, I can’t seem stay patient because at the end of each day the only person who’s making money […]
Continue reading December 13, 2017
7 Ways to Avoid Analysis Paralysis | Trading Psychology
Today’s Trading Psychology question of the day… “How do you avoid analysis paralysis? I lost a lot of money at the beginning of my career with a trading robot, and although I feel like I have a good trading strategy, I seem to worry about every little detail and I seem to miss the good […]
Continue reading December 11, 2017
Remove Anxiety from Your Trading | Trading Psychology
Today’s trading psychology question is… “I had some big losses in the first chat room that I joined early in my career, and because of that, I find myself feeling scared before I enter a new trade. I know you’ve talked about dealing with our emotions, but it seems that everything I do in trading […]
Continue reading December 1, 2017
Before You Quit Day Trading | Trading Psychology
Today’s Trading Psychology lesson, I want to cover an important topic that most of us have already dealt-with, or will deal with at some point in our trading careers. Before I get into today’s lesson, I want to remind you that in previous lessons we talked about the difference between stress and distress. I said […]
Continue reading November 29, 2017
Stop Forcing Trades | Trading Psychology
Today’s trading psychology question of the day… “I can’t seem to stay patient long enough to wait for the best trading opportunities. I know my strategy works because when I use the rules I usually make money, but I just can’t seem to stay patient, and I wind up forcing the situation, which usually ends […]
Continue reading November 27, 2017
Turn Threats into Opportunities | Trading Psychology
Today’s Trading Psychology topic is “how to turn a threat into an opportunity.” Let’s paint a picture for you today… It’s a Monday morning, and the markets have been choppy all morning. It’s approaching 11:30am EST and the lunchtime slowdown is starting to creep into the price-action. My trading plan says I need to take […]
Continue reading November 24, 2017
Get Off the Emotional Rollercoaster | Trading Psychology
Today’s Trading Psychology question of the day… “I’ve been watching your psychology videos and they have really helped me a lot, but I’m still struggling with my emotions and it clearly affects my trading each day. I feel like when I’m making money I’m the king of the world, but when I’m losing money, life […]
Continue reading November 22, 2017
How Stress Enhances Trading Performance | Trading Psychology
Today’s Trading Psychology question of the day… “I’ve been trading for a few months now, and I find myself feeling stressed before I take a trade, which causes me to miss profitable trades, and I wind up chasing the trade and taking losses afterwards. Do you have any advice on how to handle the stress […]
Continue reading November 20, 2017
6 Tips to Move from Sim to Live Trading | Trading Psychology
Today’s Trading Psychology question of the day… “I’ve struggled to move from sim trading to live trading. I can easily make money on a simulator, but the moment I move to live trading is when I fall apart and start losing money again. Do you have any tricks for moving from sim to live trading?” […]
Continue reading November 17, 2017
Self-Confidence Strategy [#1] | Trading Psychology
Today’s Trading Psychology question of the day… “Before I found you on YouTube, I joined one of those chat rooms a few months ago to learn how to trade, and I lost all the money in my account in only a few weeks. I’ve learned that people who know how to trade won’t give away […]
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