Master The Psychology of Forex & Binary Options Trading
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
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
Instructor
Highly experienced Lecturer in the fields of Music Technology and Video Production. Creator of various e-courses with over 1500 students currently enrolled. Excellent classroom management and student engagement skills. Reregistered member of the Teaching Council of Ireland and associate member of the International Audio Engineering Society. Fully Proficient in:
Pro Tools, Logic Pro, Premier Pro, Final Cut Pro, Photoshop, After Effects, MS Office and Moodle
Education:
Masters Degree: Sonic Arts & Spatial Audio Engineering
Graduated: Queens University Belfast 2011
Bachelors Degree: Music Technology & Video Production
Graduated: Limerick Institute of Technology 2010