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How to Master the Psychology of Forex & Binary Options Trading: The Definitive Guide to Developing a Winning Trading Mindset
Have you ever been in a situation where a series of winning trades have caused you to start increasing the size of your investments? Only for the next couple of trades to lose and wipe out all of your profit?
Have you ever been in a situation where the frustration of losing has caused you to start chasing your losses?
Do you ever find yourself taking impulsive trades that you wouldn’t normally take in a calmer state of mind? Do you ever find yourself over trading even though you promised yourself that you wouldn’t do it?
Have you ever walked away from a disastrous trading session where you made countless irrational decisions and thought, "what the hell came over me?"
In section one, I explain the role that mass psychology plays in determining the direction of market movement. I also explain the role that our individual psychology plays when it comes to processing information and interpreting chart data. In section two, I delve a little deeper into individual psychology and explain how our default mental programming dictates the emotions we feel and the decisions we make when trading. In section three, I cover the elements of human emotion and explain how to recognize and disrupt rash behavior before it causes you to make impulsive or irrational decisions. In section four, I explain the key differences between conscious willpower and subconscious habits and outline how to bridge the mental gaps between the two. And in section five, I explain how you can take all of the content contained in this audio book and embed it subconsciously so that you can automatically implement it in your own trading. I’ll also show you how to develop a workable strategy that will drastically improve your performance, boost your win percentage, and set you on your way to consistent profit.
Have you ever been in a situation where the frustration of losing has caused you to start chasing your losses?
Do you ever find yourself taking impulsive trades that you wouldn’t normally take in a calmer state of mind? Do you ever find yourself over trading even though you promised yourself that you wouldn’t do it?
Have you ever walked away from a disastrous trading session where you made countless irrational decisions and thought, "what the hell came over me?"
In section one, I explain the role that mass psychology plays in determining the direction of market movement. I also explain the role that our individual psychology plays when it comes to processing information and interpreting chart data. In section two, I delve a little deeper into individual psychology and explain how our default mental programming dictates the emotions we feel and the decisions we make when trading. In section three, I cover the elements of human emotion and explain how to recognize and disrupt rash behavior before it causes you to make impulsive or irrational decisions. In section four, I explain the key differences between conscious willpower and subconscious habits and outline how to bridge the mental gaps between the two. And in section five, I explain how you can take all of the content contained in this audio book and embed it subconsciously so that you can automatically implement it in your own trading. I’ll also show you how to develop a workable strategy that will drastically improve your performance, boost your win percentage, and set you on your way to consistent profit.
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Published July 30, 2020
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About the author
William Allen
407 books40 followersLibrarian Note:
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There is more than one author in the Goodreads database with this name.
This profile may contain books from multiple authors of this name.
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Displaying 1 of 1 review
January 15, 2022
Must read before starting your live account
William greatly explains the psychology behind the trader as well as the market and how they connect which already puts you in an advantage. Then, he shows you how to develop and implement a successful professional trading mindset.
William greatly explains the psychology behind the trader as well as the market and how they connect which already puts you in an advantage. Then, he shows you how to develop and implement a successful professional trading mindset.
Displaying 1 of 1 review