Trading Psychology- Master your Mind and Money BY BEN WRIGHT

12 בנוב׳ 2018

SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY

Trading Psychology- Master your Mind and Money

Are you continually loosing money and not knowing why? For the past decade of trading the financial markets, I believe psychology is so vital to trading success. Below is a small snippet of questions that you need to ask yourself prior to entering the market so that you are in the best condition to compete;

1. Have I slept well?
...........................

2. Do i feel emotionally and physically fit?
...................................................

3. Am i following other people's opinions?
...................................................

4. Am i following my head or my heart?
................................................

5. Have i received losses lately? Should i be entering the market? If so do i have a drawdown procedure in place?
..........................................................................................................................................

6. Have I had a series of winning trades? If so monitor your behaviour and ensure your ego doesn't cripple your performance
.......................................................................................................................................................

7. And many more...............

Let me know if you have any questions or would like to know more :)

Happy trading

"Rule number 1: never loose money. Rule 2: Never forget rule number 1." Warren Buffet