Trading and investment psychology. Improve your discipline
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Sign 1. You have no appetite, you are always sad and think about your losses Sign 2. You are frustrated that your friends make more money than you Sign 3. Your girlfriend or wife doesn’t respect you and doesn’t want to have sex with you (if you are a man) Sign 4. Other women are not attracted to you (if you are a man) Sign 5. Nothing gives you fun, you can’t sleep, and your life seems worthless for you Sign 6. You are worried that you don’t control your life and you can’t achieve anything
In this destroying state of mind, making your old mistakes, you have a LITTLE OPPORTUNITY to make any money. You will probably end up like most traders and investors. You will not make any money or even blow several account and quit this business frustrated and poorer.
So if you are frustrated or feel rage, you don’t handle the situation, you don’t know what to do to become a winner…
In a few moments you will know how to become a winning investor or trader and make your dreams real.
The more you use ineffective methods, the more you lose time, nerves and money. In effect you feel more and more frustrated and you start hating trading and investing. If you stay too long in this strong and destroying state of mind you will find some excuse, give up trading or investing, forget about your dreams and accept being a loser.
On one side this is a BIG THREAT for you. The longer you wait with changing your method of making investment or trading decisions the more probable is the chance that you will never make money on financial markets.
On the other hand it is a BIG CHANCE for you. You have already discovered that your way of trading or investing doesn’t work. You are ready to apply methods which are based on proven scientific discoveries, expert knowledge and they also work.
If you have a normal work and you are somehow motivated then sooner or later you develop your skills and get promoted. It happens naturally. You get experience, observe some patterns in your work and take advantage of them. You are a born winner! But you will not live your dream life if you only go to normal work.
Unfortunately, you were also born to lose on financial markets. It is not your fault. For example, you have a trading or investment strategy. But you don’t always follow it. How do you deal with this problem? You try to control yourself all the time and force yourself to follow it. You noticed that it doesn’t work. And it is natural! It is not your fault.
It is proven that people have some resources of will which they can use to control themselves. But after some time of controlling yourself, you use up these resources. You are tired and you have no power to force yourself to follow your strategy. Because of that you don’t take profitable transactions or you open poor setups.
Does it mean that you have no chance to become a winner? You can become a winner. But you must change your natural habits which cost you money and learn new ones which will improve your performance. For example, you should:
‘” Create habits which will allow you to trade or invest like a sniper, automatically and without thinking
Sounds easy right? No? Nobody taught you how to do it? You know what the capital of your country is but you don’t know how to achieve your financial goals? Relax!
Even if you have never had a winning month or you tried tons of strategies and always lost money and your situation SEEMS hopeless.
My name is Michael White. I started investing money 9 years ago. I played online poker. I have strong analytical skills (I have a master’s degree in mathematics) so after a few months I learned how to win money. I went to my first exotic travel to China and Mongolia. But I had big problems with my emotions. There were days or weeks when I lost money, which at that time was too much for me. Of course other days I made much more money. But dealing with negative months was so unpleasant for me that I quit poker.
I started trading on Forex. I used my analytical skills and I found some good strategy. But when I traded I felt so unpleasant emotions that it was a nightmare. I also noticed that my emotions didn’t support my trading. For example, after making big profits usually I became arrogant and I risked more than I should.
I wanted to make my emotions to support my trading. But it wasn’t so easy. I read in magazines that it is not possible. That I will never change. But I wanted to be free. I wanted to make money and have a great life. So I spent the next 7 years on learning and testing many materials. Some of them were very expensive and hard to get. I also discovered some new methods.
I made it because I have an unique skill. I am very sensitive and I have strong analytical skills at the same time. Because of that I was able to analyze my thoughts, emotions and create methods which… Read more…
