I have been a trader for 10 years and I know what a struggle it can be. I have been using my systems for the past two years and I decided to share them with other traders so they can hopefully short cut their time to becoming a profitable trader. I post updates on my blog http://10XROITradingSystem.com to answer questions from my readers.
I am also a qualified therapist and have written books to help traders with their trading psychology. You can visit my trading psychology blog http://traderselfcontrol.com to find out more about the ways I help traders with their trading psychology.
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Trading Psychology Made Easy
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If You Want to Be Successful in Trading You Need to Buy This Book!
In these four best-selling trading psychology books, you will find practical, immediately usable strategies to improve the way you trade.
Control Your Inner Trader
Self-control is probably the most important skill you need to acquire as a trader. Unfortunately, most trading psychology books can be very vague and short on specific strategies to take control of your mental state while trading.
Trading psychology shares equal importance with money management and the trading system and yet most traders remain unaware of the importance of taking into account their trading psychology when designing a trading system.
What traders need is an unambiguous trader psychology system that can easily slot into whatever system they are trading and enable them to trade their system according to their trading plan.
Control Your Inner Trader draws on the experience of an eight-year trading veteran who is also a qualified therapist. Behavioral and therapeutic techniques are included in the book that is easy for anyone to follow. Overcome Your Fear in Trading
The most prevalent emotion facing traders is fear..
Fear causes traders to exit trades too early ruining their equity curve.
Fear causes traders to self-sabotage so they can fulfill their self-fulfilling prophecy of trading failure.
Fear causes traders to find reasons to avoid taking trades that would have been winners.
Fear causes traders to exit trades before they have a chance to get the move underway and then have the misery of seeing a profitable trade run away from them.
There are many more destructive aspects to fear in trading and what is vital for the trader in order for them to succeed is to have a way of thinking about trading that eliminates fear from the trading process.
How to Stop Over-Trading
is the latest book in the trading psychology series of books by L.R. Thomas. This book zeroes in on the specific reasons traders take trades outside their trading plan and offers simple solutions to stop over-trading forever.
The truth is that if a trader consistently trades outside their strategy, even on a demo platform, they are very unlikely to succeed in trading.
If you are skewing your trading results by taking trades that you shouldn't, then this book could change your trading, for the better, forever.
Patience
Lack of patience also causes negative behaviors related to trading, such as not bothering to back-test the system, not keeping careful records, and not doing an end-of-day or end-of-week analysis of trading results to find areas of improvement.
The feeling of 'things not moving fast enough' also causes traders to add too many trading systems to an already overloaded brain and not be able to focus properly on any one strategy to make it profitable
The profitability of the trading system is profoundly impacted by these types of behaviors and turns what is a money-making system in theory, into a loss-making system in the real life.
Buy the Trading Psychology Collection and Begin Improving Your Trading Today
Título : Trading Psychology Collection
EAN : 9798201841935
Editorial : LR Thomas
El libro electrónico Trading Psychology Collection está en formato ePub
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