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Master The Psychology of Forex & Binary Options Trading
Rating: 4.4 out of 5(91 ratings)
324 students

Master The Psychology of Forex & Binary Options Trading

How To Develop a Winning Trading Mindset
Created byBilly Allen
Last updated 7/2016
English

What you'll learn

  • Manage their emotions during live trading
  • Recognize & disrupt emotional influence
  • Remain calm in stressful situations
  • Avoid taking impulsive trades
  • Avoid over trading
  • Develop the discipline of strict money management
  • Improve entry timing for better strike rates

Course content

1 section7 lectures50m total length
  • Introduction4:39

    An explanation of why 95% of traders fail 

  • The Psychology of Market Movement8:02

    Understand the psychological elements that drive the market up and down

  • Understanding Your Default Mental Programming8:49

    Why we display certain behaviours in stressful situations 

  • The Elements of Human Emotion7:13

    Recognize and disrupt emotional influence before it compromises rational decision making

  • Conscious willpower versus subconscious habits6:39

    Understand the mental processes that drive human behaviour 

  • The 4 Stages of Learning12:20

    How to progress from unconscious incompetence to unconscious competence 

  • Conclusion2:58

    How to develop an effective development strategy 

Requirements

  • A basic understand of Forex or Binary Options trading

Description

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 1 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 2 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 3 I cover the elements of human emotion and explain how to recognize and disrupt rash behavior before it causes you to make impulsive or irrational decisions. I also introduce the building blocks of emotional intelligence

 In section 4 I explain the key differences between conscious willpower and subconscious habits and outline how to bridge the mental gaps between the 2. And in section 5, I explain how you can take all of the content contained in the program 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


Who this course is for:

  • Forex Traders
  • Binary Options Traders
  • Day Traders