Become a Disciplined Trader

You probably know the times when your trading had an emotional aspect to it, rather than rational. You may have read books about great traders, and you know that you need to stay calm while trading.

But knowing is one thing, doing is another.

The great financier Noel Whittaker once said, “Becoming rich is not a matter of how much you make, who your parents are, or what you do… it’s a matter of managing your money well.”

And to do that, you must also manage your mind well.

Many people have bad trading habits, fueled by ignorance, but also by the clouding effects of emotion and the wrong way of looking at things.

When emotions play a role, you experience what is known as “emotional hijacking”. This means that the more fear or greed you feel around your trading, the harder it is to think clearly and follow your strategy.

The part of your brain that thinks logically (your neo-cortex) gets overwhelmed by emotion and loses the ability to function properly. And it only takes a tiny bit of emotion to do that. You literally become dumber.

Instead, you need to be cool-headed and able to detach from all emotion when necessary to be a top trader.

It is easy to get caught up in the fear/greed cycle when it comes to trading. This cycle does the following to you:

• You open a live trade (if you overcame your initial fear). Did you feel excited, nervous, or really excited? Then you have this fear.
• The value of your trade is rising and it reaches a certain level, but you don’t close the trade yet. After all, it could go higher and you have learned that you have to let your profits run. After all, you want to hit that ‘home run’. This is where greed kicks in.
• The value drops again, but you keep your trade open, because you know that a rise always comes with ups and downs. So maybe it will rise again to its peak. You decide that as soon as that happens you’ll close your trade.
• Your trade is sinking deeper to break-even or is even going negative. At a certain moment you close the trade out of fear that you’re going to lose (even more) money.

This is one form of this fear/greed cycle. Another form could be that you close your trade too early for fear of losing the potential profit you already made.

Both forms are the opposite of professional trading.

Whatever it is, as soon as emotions are mixed up with your trading, no matter whether it’s the fear/greed emotions, or on the contrary positive emotions, which can make you reckless, they always cloud your coolness which you need to trade calmly and strategically.

How can “Become a disciplined trader” help?

The download Become a disciplined trader helps you to reduce your emotions to a level that they don’t get in the way of your trading anymore.

Live trading results will start to feel a lot more like demo (paper) trading, because you’ll keep your emotions completely under control.

With Become a disciplined trader you’ll become a professional trader, who actually scores profits.

Download Become a disciplined trader now and manage your thoughts and feelings in a professional way to become a top trader.

• You get up to 50% discount with multiple sessions and/or account credit
• This download has helped 4 people, so far...
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