Category Archives for Trading Psychology

Trading Behaviors: How to Outwit a Lazy Brain

Why is it so hard to break old trading habits that no longer serve us? Why do we as traders wake up the next morning and regret making trading mistakes that are so persistent, that we repeat them over

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Is Every Tick A Referendum On Your Worth?

Roger’s physiology made a dramatic shift. I watched my trader coaching client as he leaned forward with his fists clenched. He had just shorted  20 ES contracts and the market had just broke through

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Why “Will Power” Will Drain Your Brain Power

Carl Richards makes it simple. Carl Richards has an uncanny way of taking complex financial issues and putting them in simple compelling sketches. You can see samples of his work at: https://behaviorgap.com. This

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They Are Sabotaging My Success

“My wife doesn’t support me. After every trading session she looks at me with critical eyes.” “My parents want me to get a real job. They believe trading is just like gambling and I’m addicted.” “All

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Does Your “Control” Illusion Create Trading Losses?

The mind trap we’re going to look at today is “Control Illusion.” This means that if your subconscious mind believes that it is in control, as a trader, you ascribe more value than is actually there. This

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Are You Smaller Than Your Money?

“Our deepest fear is not that we are inadequate. Our deepest fear is that we are powerful beyond measure. It is our Light, not our Darkness, that most frightens us.” – Marianne Williamson First,

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Do you have a Trading Addiction?

How do you know if you’re addicted to trading? Signs of a trading addiction Some of my clients are addicted to trading. Yes, addicted. Addicted in the same sense as alcohol, gambling, sex or nicotine

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The Trader’s State of Mind – Does it Matter?

Does the Trader’s State of Mind really matter? I have heard this argued both ways. It is been argued that the trader’s state of mind, or more formally, the psychology of a trader, is less critical

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The Path to Emotional Control

Traders have a major problem. After over two decades of trading on the floors in Chicago and San Francisco, building my own options and equity trading firm, training traders to trade my own capital, coaching

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Your 2018 Persistent Trading Mistakes Will Persist in 2019

Yes, your 2018 persistent trading mistakes will persist in the year 2019. For those of you who know me well, this headline probably gave you a big jolt. My trading methodology and coaching practice is

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Our Trading Brain and Trading Loss

A slow motion, step by step playbook. Why is trading loss the biggest pain point for traders? In a survey of over 1000 traders, the issue of handling trading losses is always at the top of the list.

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Shred Your Stories

“The mind has a job. And that’s to give us all the stories that prove that what it thinks is true.” Byron Katie The world comes at us with a seemingly infinite amount of data every day.

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Trading Psychology: The More We Care, The Worse We Fare

I remember going to a student’s office where he was an active day trader. At one point, the trader was short a large number of futures contracts and as it approached his stop he started tapping the

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Building New Neural Networks

An Introduction to Mind Muscles™ The markets are the markets. There is nothing most of us can do to change them. It is difficult to change the behaviors of people we know well, let alone the masses

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From Simulated Trading to Real Trades, From Small Trades to Big

The challenges facing traders going from simulated trading to real money trading; and from small to large positions. I had a client who I had worked with some time ago who emailed me and said that since

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The Daily Trading Coach – Accepting the Raw Experience

Can you be your own daily trading coach? It is very difficult to go back in time and change some decisions we have made that we regret. It is also very difficult to go forward in time and go to the future

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Amazing Super Secret Trading Computer Only You Can Access

If you type “secret trading strategy” into the Google search engine, you will receive over 10 million returns. So, why is it that marketers use the word secret when in fact they are flogging it to

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Two Parts to Trading Psychology That Lead to Better Trading Decisions

There are two parts to trading psychology that when understood lead to better trading decisions: the inside and the outside. First let’s look at the outside. The market itself is not an objective,

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Can You Imagine Your Trading Success?

If you can’t imagine your success as a trader, fully, completely and with joy, success is difficult to achieve. Can you describe yourself and your life as a successful trader? Having worked with

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Confirmed: Self-Awareness is vital for successful trading

The “Golden Keys” are the primary learning path for traders at the Mind Muscles Academy. These keys are: Awareness Acceptance Action Our emphasis on self-awareness starts with our physiology, or

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