Trading Psychology

You spend most of your time studying trading systems, looking for the "Holy Grail" that will bring you riches.

You've put in hours, days and weeks backtesting various trading strategies and trading systems.

And yet, somehow you're not making money trading the markets.

Why?

Here's why...
You should have spent only 10% of that time testing your trading system and 90% of that time getting your head straight, that's why!

The Best Trading Tool You Have is In Your Head

Don't believe me? Here's proof...

Research has shown that most traders are right 80% of the time when entering a trade - in other words, they pick the right direction the market is heading. Why then, do over 95% of traders lose money?

Was it their trading system? Was it their trading software?

No. The problem lies in your head, my friend.

Actually there are two problems. The first one is trying to trade just like everyone else, using the popular indicators and softwares. I discuss this elsewhere. The second problem is that you haven't trained your mind to trade the markets.

Am I a psychologist?  Don't make me laugh! In fact, I've always believed there was something wrong with anyone who would want to put a title beginning with "psycho" after their name! But I learned the hard way: if you want to be a successful trader or investor, you need to do some work on your mind.

This is a huge topic, and I'm not going to go any further here. But I can help you with it.

There is a tool that I use every day before I trade, and it has helped me immensely. In about 8 minutes per day, you can prepare your mind to trade. It won't make you a profitable trader or investor overnight, but over time it reprograms your mind to help with discipline, coping with losses, following your trading rules, getting in the zone, etc. Click the graphic below to learn about it -- I wholeheartedly recommend you BUY IT -- it's an excellent investment.

If you want more information, either contact me, or sign up for my eZine.