tradingpsychology.com.au
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We are a trading psychology and peak performance training company which offers specialist coaching and training services to traders across all asset classes.
tradingpsychology.com.au
1y ago
tradingpsychology.com.au
2y ago
One topic that is the common cause of frustration and failure among traders is the “Revenge Trade”, the action of “going on tilt” as we call it in professional circles. I call this “Binge Trading”, because the experience of going on tilt is similar to mindlessly ravening a whole block of chocolate and then waking up in surprise that it’s all gone… just like that. Revenge Trading is one of the most complaint about trading mistakes, and any trader who has experienced the subsequent feelings of frustration, anger, and disappointment, know how debilitating it can be for one’s trading career. In my ..read more
tradingpsychology.com.au
2y ago
Day Trading Tip 1 – Focus on your being not on your doing
Many measure their trading success by the state of their trading bank. Their confidence and self-worth is correlated to the $$$ profits they make.
The thing is, this is how we have been conditioned by society. You get judged by the results that your environment can see, such as good grades at school, finishing top in your university, driving a nice car, living in a nice house, being dressed for success, all those are being considered as a measure of success.
Although profits are a typical measure of success in the trading industr ..read more
tradingpsychology.com.au
2y ago
We are only as strong as the weakest link in our performance. That’s whilst we should focus on our strengths we also need to learn how to manage our weaknesses.
One of my traders from the Prop Trader Training had the experience that after a run of profitable trades the point would come when he would let a loss run too long and wipe out all the profits from the winning run. “The biggest weakness that I am working through is how to apply the same process after a winning run.”
The answer to this is found in the concept of the Emotional Pendulum. (The Emotional Pendulum, and comes from the wo ..read more
tradingpsychology.com.au
2y ago
Happy New Year and let’s make 2019 all it, we and our trading, can be…
Many traders tell me how much they love trading and yet they are in so much pain about it.
They believe if they can get over of their painful emotions, then they can become disciplined and patient, they will be able to become consistently profitable.
But it is not the emotions that are destructive to your trading success. It is your ‘EMOTIONAL REACTIVITY’ that is causing self-sabotaging behavioural patterns.
What is emotional reactivity? Following is a checklist with some examples. Time to get real and check how it shows u ..read more
tradingpsychology.com.au
2y ago
Are you sitting on the couch watching ‘The Biggest Loser’ work out or do you get off the couch and take on the challenge by doing the workout?
(I introduce my new Your Trading Success Program: Fierce 10 Training only in the last 2 min, so if it is not of interest to you, you can just turn it off ..read more
tradingpsychology.com.au
2y ago
To find out more about the 10 week challenge, click Fierce 10
  ..read more
tradingpsychology.com.au
2y ago
I wrote this article for the Jan / Feb 2018 edition of Your Trading Edge Magazine www.ytemagazine.com.au ..read more
tradingpsychology.com.au
2y ago