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 programing 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 behaviour 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 5, I explain how you can take all of the content contained in the 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