Info!! Overcoming The Challenges Of Trading Psychology

Below are posts that volition hold upwardly helpful for those encountering problems amongst trading psychology too looking for potential solutions.  If you lot don't consider your detail challenge listed below, seek Googling "" too a keyword for your issue.  That should yield several posts.  Alternatively, depository fiscal establishment fit out the curated Forbes postings; too the page for the trading books too their topics.

*  DIAGNOSING YOUR TRADING PROBLEM - H5N1 practiced starting fourth dimension read

*  DEALING WITH BURNOUT AND LOSS OF ENERGY

*  OVERCOMING PERFECTIONISM AND SELF-CRITICISM

*  ADDRESSING INCONSISTENT TRADING

*  HANDLING FRUSTRATION AND ANGER IN TRADING

*  STRATEGIES FOR HANDLING PERFORMANCE ANXIETY AND STRESS 

*  MINIMIZING DISTRACTION AND IMPROVING FOCUS

*  OVERCOMING OVERTRADING

*  IDENTIFYING AND DEALING WITH TRADING ADDICTION

*  RECOGNIZING AND GETTING PAST OVERCONFIDENCE AND COMPLACENCY

*  TURNING AROUND NEGATIVITY AND PESSIMISM IN TRADING

*  HOW TO CULTIVATE CREATIVITY AND ADAPT TO CHANGING MARKETS

*  IDENTIFYING YOUR TRADING STRENGTHS AND MAKING THE MOST OF THEM

*  IMPROVING SELF-AWARENESS AND MINDFULNESS

*  ADDRESSING YOUR TRADING BY SUPERCHARGING YOUR TRADING JOURNAL

BACK TO THE TRADERFEED HOME PAGE

Info!! Supercharging Your Trading Journal

Trading journals are used for many purposes, from tracking markets as well as merchandise ideas to working on performance.  The recent postal service on the learning procedure of chess masters suggests a peculiarly powerful application of trading journals.

Suppose you lot were to care for each marketplace twenty-four hours (or week, depending upon one's fourth dimension frame as well as frequency of trading) equally a dissever chess game.  You would follow the marketplace motion past times motion as well as annotate your observations at each key juncture:  what was happening alongside of import marketplace indicators; what was occurring inwards related markets; how the marketplace responded to intelligence as well as economical reports; etc.  Of detail importance would move key turning points inwards markets as well as how those laid up.  

Such a periodical would consist of multiple charts, equally good equally commentary.  Actual trades logged during the marketplace twenty-four hours would besides move depicted, along alongside comments on the strengths as well as weaknesses of the trades.

Right away, in that location would move 2 distinct advantages of such a journal:

1)  It would move dynamic.  Influenza A virus subtype H5N1 periodical that treats each day/week equally a chess game would move the equivalent of the sports exercise inwards which jitney as well as role instrumentalist sentry the video recordings of past times games, review performance, as well as supply feedback.  The review could include replays of key marketplace junctures as well as would supply a much to a greater extent than dynamic as well as engaging approach to learning than writing static prose entries. 

2)  It would move structured. As alongside chess education, the periodical would aid traders operate on their openings (entry execution); their midgames (position management); as well as their endgames (exit execution), equally good equally their offensive (idea generation) as well as defensive (risk management) strategies.  Most written journals are mere summaries of a trading twenty-four hours or week.  Influenza A virus subtype H5N1 periodical that captures each trading day/week equally a chess game invites really concrete evolution for the skills key to each stage of the trading process.

Imagine farther that such a periodical was shared alongside valued colleagues via social media, as well as thence that each trader is learning many lessons every unmarried twenty-four hours or calendar week as well as working together on edifice strengths as well as correcting weaknesses.  By treating markets equally chess games, nosotros do novel routines for viewing as well as re-viewing functioning as well as adapting to changing markets.

Further Reading:  The Power of Trading Journals 
.

Info!! A Powerful Formula For Our Development

Here is a corking means to acquire improve equally a trader--and equally a person:

Identify the times inwards the yesteryear calendar week inwards which y'all were nearly sorely tested.  When did y'all confront your greatest tests?  When inwards markets did y'all sense your greatest challenge?  When inwards your relationships?  What were the nearly hard situations y'all faced?

Those are the situations inwards which life is giving y'all a examination inwards social club to learn y'all a lesson.  We acquire from our challenges; nosotros educate yesteryear tackling what is hard too expanding our boundaries.

We gravitate to comfort.  It's non fun or tardily to hold out challenged too pushed to our limits.  But that's where we'll grow.  

Certain marketplace weather are challenging for us.  Certain situations examination our patience too taxation our concentration too mood.  When y'all deliberately confront testing situations, y'all are given many lessons.  That's non a bad format for a trading journal:  tracking the occasions inwards which y'all were tested, the lessons y'all learned from those, too how y'all volition utilise the lessons going forward.

Development depends upon discomfort; what taxes us potentially enriches us.

Further Reading:  Supercharging Your Trading Journal
.