Trading Psychology Coach – Fear Elimination
Is fear interfering with your trading?
Very understandable if it is.
Fear is the #1 obstacle that plagues traders
Patrick was getting tired of having his fear of losing capital getting in his way, so he contacted me to help him work through it.
Here’s what he had to say:
But all that changed quickly after getting your assistance and putting to work some of your tools and recommendations. I am more confident in my trades and no longer worry about the unknowns.
If you’d like to put your fears behind you and do it quickly, now is your chance.
For a very limited time, I am opening up five slots in my 1-on-1 Fear-Elimination Coaching.
By being one of the next 5 that sign up, you also save $500 off the normal fee.
The Fear-Elimination Coaching includes up to 4 weeks of phone calls, diagnostic questions, and actions specific to your situation to get you past your fear.
You’ll experience a new level of confidence, better organization and a transformation in how you see trading.
Now is the time.
Click here to eliminate your fear
Enjoy!
Cheers
Brian
“The Trading-As-A-Business Coach”
P.S. Because this is ME working directly with you, this is STRICTLY limited to 5 and 5 only. If you wait and miss out, then it is by your own choosing. Don’t let that happen.
Click here to eliminate your fear
Forex Trading Psychology Video – What Really Motivates Traders
Brian here with a YouTube video sent to me by a client.
I really enjoyed this because it sheds light on what really drives traders plus why traders often do the very opposite of what they know they should do.
Enjoy!
Cheers
Brian
“The Trading Turnaround Coach”
P.S. After watching this video, you’ll see why the P.I.T. Club Training Program is structured the way it is. The right start is critical.
Take a look here AFTER you watch the YouTube video.
Trading Psychology – Manage Your Beliefs and Control Your Trading
I’ve got another excellent video for you today from Head Trader Todd Brown of TripleThreatFX.
In today’s video, Todd gives you insights on how to:
“Manage your belief systems and control your trading”
Here’s his message before you watch it,
What are your belief systems behind your trading? Do you
believe you can truly be successful? Because what you feel
about your trading plan has a direct influence on your results.
Your future in trading depends on your belief in the power
of the model and the strategy. I put together this video “SysTrain
Session from Dynamic Structure Training Series” to explain
this to you in great detail.
http://www.triplethreatfx.com/blog/
In this next video you will learn the 5 following points:
1. Developing a strong belief in your trading system.
2. What your brain sees when looking for the optimal
conditions when entering a trade.
3. How the “IF” in the conditional process is essential.
4. Applying the “WHEN” factor.
5. Combining both the “IF” with the “WHEN” together.
A sound trading strategy requires walking through the entries,
stops and targets. In order to see if it is a good strategy, there
will be a string of winners, losers and sideways equity.
You will learn to familiarize and accept the above three conditions
and how they are the components of absolute truth behind any
trading system you will ever see.
Simply click on the link below to be taken to the video blog
where you can watch the video and I welcome your comments
and questions as well.
http://www.triplethreatfx.com/blog/
Remember to Limit Your Emotions and Follow your Plan,
Todd Brown
Head Trader
TTFX
Have a great weekend!
Cheers
Brian
“The Trading Turnaround Coach”
Trading Psychology – A Very Good Book On How Your Mind Works
Now I do NOT speed read, but this book was so engaging that I literally read all 228 pages in less than a 24-hour period.
Trading is all about decision-making right?
Well then, I’m sure you’ll like this book too because that is what it is all about.
What’s the book?
It’s called “Blink: The Power of Thinking Without Thinking” by Malcolm Gladwell.
Cool insights into your mind and how your decision-making process works (or doesn’t!).
You can find it at your local bookstore or online at sites like Amazon or Borders.
This will definitely make for a good read over the weekend!
Cheers
Brian
Trading Psychology Coach – When You Do It, 5 Things Happen Right Away
What happens when you do it?
There are 5 things in particular, but there are more to be sure.
Here are the Big 5:
Well when you treat your trading as the business that it is,
2. You sleep better knowing that your not ’subject to’ the whims of the market – because you’ve taken control of your trading
3. Your free time becomes more relaxing and you find that you have more of it, because you are more structured, organized and efficient during your trading hours
4. During your trading, you find it so much easier to stick to your system, because you’ve properly analyzed it and know what to realistically expect from it
5. You feel good about the future because you know that you’re taking a calculated and business-like approach to your trading
There are many more benefits to treating your trading as a business.
So how well are you doing in treating your trading as a business?
Find out right now!
Cheers
Brian
“The Trading Turnaround Coach”
P.S. The quiz is anonymous and there’s no sign up or cost.
If you DON’T take it, then you may be missing out on those 1 or 2 items that could make that difference that you’ve been looking for.
Psychology of Trading – Complimentary Belief-Elimination Method
Brian here and I recently found a very cool and effective method for eliminating negative beliefs.
While this guy isn’t a trader, the beliefs he addresses have direct impact on your ability to trade well.
There’s no cost and you can check it out here
Cheers
Brian
“The Trading Turnaround Coach”
P.S. Beliefs CAN changed in a matter of minutes. I was pleasantly surprised at how quickly this method works. Check it out – doesn’t cost you anything. 
Psychology of Trading Forex Article – Keys to the Winning Mindset
When it comes to trading Forex, your mindset is the most critical aspect on which to focus, but what specifically does that mean, and how do you go about it?
Most traders I work with have that question initially, and it is very worthwhile to pursue because EVERYTHING depends on your state of mind when you are trading.
Okay, so what does ‘mindset’ mean in practical terms?
Your mindset is the set of expectations, beliefs, attitudes, doubts and desires that you bring to trading. Yes, this sounds like a pretty broad list, and it is – your mind is not a simple place. It is quite complex.
Yet at the same time, getting your mindset right for good trading does NOT have to be an overwhelming task.
First thing to understand that much of your mindset is determined by a handful of perceptions. These perceptions include what trading is all about, your relationship with money, and your self-image.
The reason that so many very intelligent and otherwise successful people struggle when it comes to trading is because they underestimate what trading is, what all is involved in successful trading, and what it takes personally to make it as a self-directed independent trader.
They struggle NOT because it is such a complex or inherently difficult occupation. They struggle because they fail to take the simple steps to make it a successful pursuit.
Why do they fail to do this?
Primarily lack of guidance. Trading is perceived as such a simple endeavor that many think that they can just go it alone, getting their education on forums and in articles. While these can be helpful, this is one of the most difficult ways to learn a profession, which trading is.
Those that at least partially recognize that trading truly IS a business, albeit one with low barriers to entry, give themselves a HUGE advantage.
How is that?
Because the simple act of recognizing the nature of the activity brings with it a host of perspectives, attitudes and expectations that put you in a very advantageous mindset – the right mindset to win.
This is why the trading wisdom, “Treat your trading as a business” is SO crucial and more important than most realize.
When you treat your trading as a business, you inherently shift the odds of making it away from failure and towards success. The business-like approach and mindset bring a calculated approach to your trading.
To see how well you are treating your trading as a business, there is a FREE quiz you can take.
Often times it is in knowing the right questions to ask…
Cheers
Brian
“The Trading Turnaround Coach”
P.S. There is no cost or signup required to take the quiz. Take a few minutes right now and answer a few questions.
P.P.S. Oh yeah, I almost forgot, it’s anonymous, too, so you don’t need to worry about anyone knowing your business.
Psychology of Trading Forex – How to Eliminate A Major Cause of Inconsistency
Consistent profits is what you want from your trading, not the other way around, right?
The mistake that many traders make is thinking that if they can ‘just be more disciplined’, then the problem will be solved, so they seek out resources on ‘Trading Psychology’.
Now there’s nothing wrong with that, but I’ve found that many are thinking that the problem is a psychological one, when in fact there are other contributing factors to the inconsistencies.
Factors that can be directly and immediately acted upon, and do NOT operate on the presumption that you have ‘psychological issues’.
They are in truth very simple and practical matters.
Let’s look at an example for illustration of just ONE of these addressable factors.
An Example.
Imagine that the company where you work just got bought out and you now have new management to whom you report.
You are told that the company now has a different philosophy, so there will be some changes in the day-to-day manner in which things are done, which include such items as,
- you have a new schedule with different hours. Instead of 9-5 with an hour lunch, you will now work 7 a.m. to 11 a.m.and then from 3 p.m. to 7 p.m.
- the computer system is being updated with new software.
- the operating philosophy is changing from longer term thinking to shorter term, and from moderate to more aggressive in nature
In come the new procedures, instruction manuals for the methods and software, and you get busy.
It takes a few weeks and a fair amount of extra hours, but you are getting used to the new ways of doing things and finally starting to settle in and being able to get a decent day’s worth of results in.
And then it happens – again.
Upper management has just ‘discovered’ that there is a newer, more profitable philosophy, strategy and method that they have decided to implement.
And with it come changes to: your hours, your software, your methods, etc.
So now you go through the whole cycle of implementing change again, trying sincerely to get to the point where you can just come in and do your job, do it efficiently and well, and then go home at a decent hour.
After several weeks of extra effort and considerable expense by the company…
… they do it again.
The question.
So how consistent would you expect the performance and the profits to be in such an operation over the course of a year? Probably not nearly as good as if they had simply figured out where they were going with the company from the start.
The problem is that when the only objective set out for the entire company to go by is to “Make lots of money”, it is so easy to get caught up in fads as they come along.
The Addressable Factor.
One HUGE inconsistency for traders (and general businesses) is jumping from one method or system to another and changing direction regularly.
This is different from adapting to a changing marketplace. That is a necessary skill and action from time to time for survival.
We’re talking about changing methods, systems, or even entire trading venues, just for the sake of “making lots of money”.
The addressible factor that creates significant inconsistency is…
But clarifying “proper” direction for a business is not exactly intuitive for most people.
There is a specific process and different sets of questions that need to be answered in order to arrive at a direction that will serve your trading business well.
It will also keep you on a consistent path, thus minimizing disruptions to your operation and wasted time and resources.
That’s why this is the first matter addressed in the Trading P.I.T. Club Training Program, getting clear on where you are going.
To put an end to your ‘jumping around’,
check out the P.I.T. Club Training Program
Cheers
Brian
“The Trading Turnaround Coach”
P.S. There are several factors that can be creating inconsistency in your trading. Today we looked at just ONE.
Don’t let these rob you of precious time and resources! Attend to them and get on with good and consistent trading by enrolling in the P.I.T. Club Training Program right now!
check out the P.I.T. Club Training Program
Trading Psychology Article – Is THIS How You Feel?
Brian here and I have a simple question for you today that has a significant and direct impact on your trading.
Now “this” can be a number of things, but the word to put in right now for the sake of helping you improve your trading is…
Do you feel that the markets are fair?
Or do you feel that somehow you are being cheated, being wronged?
Do you feel that in the masses that comprise the markets, there are individuals or groups that are somehow against you as an individual trader?
I pose the question in order to help you get the results you want from your trading and here’s how:
… how you FEEL largely determines how you THINK and how you ACT.
How you feel also has a great impact on your timing – another critical performance aspect of trading.
If you hesitate, it costs you money, sometimes big money.
If your confidence is waning, so you decide to ‘wait and see’ when you should be getting out, you might just watch that winner turn into another loser.
There are a myriad of problems that your emotions can cause in trading,
…so give yourself the support you need by getting the Trader’s Guide to Emotional Management, which you can get as my gift to you by going here:
http://insideouttrading.com/go/special/
Cheers
Brian
“The Trading Turnaround Coach”
Trading Psychology Article – The High Cost of Procrastination
If you’ve been trading for more than six months and you’re still struggling to get your head around it, still struggling to get make consistent profits, then you are paying a much higher price for ‘breakeven trading’ than you probably realize…
To gain further perspective and what you can do about it, consider the following:
- You have the cost in terms of your life passing by, missing out on sleep, family time, and just plain R&R…
- There’s the cost in terms of your confidence, your ambition, your belief that you can make it, and the dreams that slowly die away…
- Then there’s also a HUGE monetary cost, even if you’re at “Breakeven” trading.
Think back to when you first started trading for a minute and you’ll quickly see what I mean.
Let’s say that instead of jumping into trading and winding up where you are now, you had slowed down a little, gotten some help and put together a working business plan that had you consistently profitable within the first 6 months (or less).
How much money would you have made between then and now?
How much would you be making each month, having built your account up?
THAT’s the opportunity cost that I’m talking about.
BUT it doesn’t have to continue.
You CAN turn things around and make it right – but you have to do something.
It won’t happen by accident or by you just doing the same as you have been.
And if you don’t want to wait, then you should be looking to fast track your turnaround (but in a realistic manner, not by just buying another trading system!)
Click here to turn your trading around now
Have a great weekend!
Cheers
Brian
“The Trading Turnaround Coach”
P.S. Time literally is money when you’re talking about opportunity cost. Don’t procrastinate any longer about taking the action you know you should.