Stock Trading Psychology - Consistency Is Critical
While making money as a trader is always nice, to do it consistently and reliably is really the main objective.
I mean, even a blind squirrel finds an acorn from time to time.
But if you want to thrive as a trader, you simply must focus on your consistency.
Not the profit or loss on each trade.
Not the headlines or the charts.
Focus on your consistency - an an input rather than an output.
Since you are already trading, the first step to improve your consistency is to simply focus on the process of trading itself.
Trading IS a process so the concepts of process control and process improvement definitely apply here.
The second step (usually the first for those that haven’t already begun live trading) is to focus on your operation as a whole.
This means taking a serious look at your trading business, stepping back far enough from the tree in your face to see the whole forest.
If you do, you will find that you have a better bottom line at the end of the month and the year.
“Focus on the process” is what has transformed many companies in many industries into market leaders and highly admired organizations. Best of all it really does make matters much simpler and much more enjoyable.
Not sure how to make it happen in your trading business?
Have a great end of the week!
Cheers
Brian
“The Trading Turnaround Coach”
P.S. When you broaden your focus you see more clearly and with less stress because things fall into a more proper perspective - and you’ll find that addressing issues and making real progress becomes easier.
Click here to make your trading more consistent
Psychology of Trading Forex - Enlightening Video on Your Health
You want every edge you can have in your trading right?
Well, trading is definitely a mental game and how you feel directly affects how well you make decisions and also how good your timing is on your actions.
Taking care of how you feel, particularly your health, is a primary responsibility you have as a trader.
The saying “If you don’t have your health, then you don’t have anything” is especially true for traders.
If you don’t feel good, if you aren’t healthy or you have health problems or concerns on your mind, it makes it really tough to trade well.
You give yourself the best chances of good trading when your health is at its optimum, so watch this short video right now.
I was pleasantly surprised when I found this out and I’m sure you will be too.
Have a great weekend!
Cheers
Brian
“The Trading Turnaround Coach”
Psychology of Trading - Is “This” How You Feel About The Markets?
Filed under: day trading forex currency, psychology of trading
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”
Forex Trader Training - The High Cost of Breakeven Trading
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.
Click here to turn your trading around now
Trader Coaching - Your Chance Ends In 36 Hours or Less…
Filed under: Trader Mentoring, day trading forex currency
Originally I didn’t even want to do this because it takes so much of my personal time, but I had a number of clients request it, so I did it more as an experiment than anything.
I didn’t really even know what to expect, and I must say the response has been a rather pleasant surprise.
But that’s also why I am pulling it down tomorrow (Tuesday Feb 23) at midnight or when the next 8 slots get taken, whichever comes first.
http://insideouttrading.com/total/
I truly enjoy helping people work through their specific trading issues and get their trading businesses in proper order so that they flourish and provide like they’re supposed to.
At the same time, and just like I preach to everyone else, I have to maintain a healthy balance between my work and my personal life. When I coach / mentor, it really put myself into it.
So that’s why I’m keeping this very limited. For balance sake, plus to make sure that I can give you the best help possible.
http://insideouttrading.com/total/
Just because if feels like success is far away, that doesn’t mean that it is.
In fact it can be right around the bend.
Oh yeah, in case you’re wondering what it looks like, go here,
http://insideouttrading.com/total/
Cheers
Brian
P.S. If you want my personal help and are tired of going it alone, you need to make up your mind quickly and act upon this excellent deal.
If you wait until it’s too late and the page says that it’s sold out, then you will have just plain missed out - I am NOT planning on running this again.
Free Forex Trading Education - Transform Your Trading
Making changes (otherwise known as affecting results) begins with a change in perception.
That’s exactly what you’ll get when you watch this short video below.
Enjoy it, then take action.
Click here to realize a Total Trading Transformation for yourself!
Cheers
Brian
Forex Trading Psychology - See Immediate Results In Your Trading
Tomorrow morning (Feb 19th) at 0900 is when you’ll see your first results - results that have an impact on your trading.
How can I promise you RESULTS?
By sharing some insights about your trading with you that I guarantee you NO ONE has shared with you before.
These insights are NOT secrets, but you never hear any one talk about them.
They are realizations and truths.
And they have EVERYTHING to do with your trading.
“So where do the results come in?” you ask.
When you have a change in perception, that can change everything - and it usually does.
And when you discover the insights that I’ll share with you tomorrow morning, you will never look at your trading the same
The insights I’m going to share with you WILL change the way you see your trading.
Results come from actions… which come from how you feel… which come from how you see your trading… and THAT is the first thing we are going to change.
Be here tomorrow morning (Friday Feb 19th) at 0900 and see your first results.
Cheers
Brian
Forex Trading Risk Management - An Often Overlooked Aspect
There is an aspect of risk management that many traders overlook, a very real aspect that is attended to in many industries.
Unfortunately, this aspect receives way too little attention in the trading world, at least regarding effective tools to improve matters.
In this video, you’ll discover one of the tools that you can put to use immediately to see instant benefits in your trading.
After you’ve watched the video click here to act on what you just learned!
You’ll be glad you did. 
Have a great weekend!
Cheers
Brian
P.S. Keep an eye on your email inbox over the next few days.
Something coming that you will definitely NOT want to miss out on!
Psychology of Trading Forex - What Holds Most Traders Back
As a trader, you’ve many feelings and emotions to deal with, including
- Greed
- Fear (a whole bunch here)
- Hope
- Despair
- Hurt
- Regret
- Revenge
- Anger
- Guilt
- Depression
- Hopelessness
- And a whole Pandora’s box full more
But there is ONE stands out as the real Nemesis for
most traders…
… the one that keeps them ’stuck’ at that level of mediocrity
that is the slow death that lasts for years:
It’s almost more like a terminal condition than a feeling.
And when you’ve got it, it can come at you from so many
different directions.
What really stinks is that when you’re not aware of it,
it disguises itself as other issues.
You can attend to one symptom, think you’ve got it beat,
only to find it rear its ugly head as something else.
One cause, different appearances.
And it drive you batty because it never seems to go
away and your overall trading just never seems to
get where you want it.
So what is it and what can you do?
First thing is to sign up for the Trading Psychology Coach,
the trader’s periodical that is designed specifically to help
you recognize and effectively deal with the tough challenges
that you have to deal with as a trader.
The second issue is about to be published and deals
directly with this ‘mental cancer’ for traders.
Cheers
Brian
P.S. Don’t let this one factor stand in the way of improving
your quality of life through better trading. When you remove
obstacles, progress becomes so much easier and more
natural.
Forex Trading Psychology - 4 Sources of Self-Sabotage
Have you ever felt like you sabotage yourself sometimes in your trading?
If you’re like most traders, you have and probably on more than one occasion.
One of the really aggravating aspects of self-sabotage is that it’s right in your face.
You know you’re doing it.
You know that you’ll regret it.
It happens anyway, and then yes the regret kicks in. Sometimes anger and and self-chastising come into play as well.
If it was coming from only one source it might be easier to address, but in truth there are four.
And no matter how many months or years experience you have, how great your system is, any one or more of the four can wreak havoc on your trading account.
Bummer.
The good news is that once you become aware of the four sources of self-sabotage, at least then you can take steps to protect yourself from their influence in your trading.
The other nice thing is that you can ease up on yourself a bit. Nothing can take you down faster than a furious session of self-berating.
When you understand what’s going on, then you can be a bit kinder to yourself, which is much more productive.
That’s just one of the reasons that I created the exclusive video, “Four Causes of Self-Sabotage”.
You won’t find it anywhere but at InsideOutTrading.com and it’s not even for sale.
To see how you can get access to it,
Cheers!
Brian
P.S. You’ve heard the saying, “We are often our own worst enemy.” You’ve probably also experienced it in your trading.
Take the first step to ending your self-sabotage right now - it is very costly in terms of capital but more importantly peace of mind and self-esteem.