Trading Psychology PDF
Trading Psychology PDF
Trading Psychology PDF
net
Frank G. Stanley, Ph.D. Licensed Clinical Psychologist BCIA Certified in Neurofeedback Specializing in Human Performance for Traders
Licensed Clinical Psychologist for 24 years. Mentor, Counselor, and Educator for 26 years. First Broker Assisted On-Line Trade in 1991. On Line Trader Since the mid-1990s. Experience with Multiple Execution Platforms and Brokers. Student of the Markets for 16 plus years. Mentored in Stocks, Options, and Futures and Psychology of Trading. Special Interest in Enhanced Performance of Traders Through Advanced Technology.
BECOMING A GOOD PROFESSIONAL TRADER INVOLVES MORE THAN LEARNING ABOUT NUMBERS AND TECHNICAL INDICATORS
TIME IS?
Take Smaller Steps to Attain Your Goal Talk With Someone To Identify Roadblocks Identify the Worst Case Scenario
HINDSIGHT IS 20/20
If answered or said to yourself that you are, then that could be bad for your life and bad for your trading.
Most of peoples lives are spent trying to make themselves feel or be OK. Until you truly can accept that you are not OK and never will be OK, you are NOT OK.
Doing the same thing over and over again and expecting different results.
Albert Einstein
Tendency in the unconscious that impels the individual to repeat certain actions, in particular, the most painful or destructive ones. The tendency to repeat earlier experiences or actions in an unconscious effort to achieve belated mastery over them.
Sigmund Freud
Increasing self-awareness. Honesty. Stop expecting the worst due to the past. Distraction and positive activities. Supportive people and communities.
PARALLEL PROCESSES
Different areas of your life are psychologically related to each other.
PARALLEL PROCESSES
What you are doing in other parts of your life will influence or impact your trading.
PARALLEL PROCESSES
What difficulties are you facing?
What things do you not like about trading? Are these things also related to other situations? What can you do to change this?
PLANS WORK
EXPECTATIONS SABBOTAGE
How confident do you feel? How competent do you feel? How much confidence due you have in your competence?
Shift locus of control from the market or other environmental factors to the trader (yourself). What is the problem for you? Solutions will fall out.
Think Abundantly.
Focus on outcomes for trading staying aware of everything you are doing psychologically that affects trading.
Identify one area you have had confidence in your competence and see if you can transfer this to your present skills.
Create an action plan with specific behaviors, in writing, and with dates for change.
Email: [email protected]
Frank G. Stanley, Ph.D. Licensed Clinical Psychologist Professional Trader and DTI National Mentor
Introduction to Options Call 800-745-7444 Long and Short Strategies Psychology of Trading Options & Why Most Ppl Lose Advanced Options Strategies and When to Use Them Managing Risk of Short Options and Credit Spreads Trading Options Intra Day and on a Swing Basis
Only $1250
(Includes FREE Retake)
OptionsTrader Newsletter
Specific Weekly Trade Recommendations
Subscription Includes:
Weekly Newsletters w/ Option Trades
Weekly Educational Sessions w/ Dr. Frank Stanley (Wednesdays @ 5:00pm CT also recorded) Yahoo IM Trade Alerts/Updates LIVE Access to Dr. Franks Option Day Trades
Call 800-745-7444
Introductory Online Session: (This is recorded) Date: July (online) 8:00 am ct 5:00 pm ct (July 21st) 8:00 am ct 3:00 pm ct (July 22nd)
Call 800-745-7444
http://www.dtitrader.com/store Click Special Courses
Only $1199
(Includes FREE Retake)