Trading Psychology by Thomas Kralow

Name: Trading Psychology by Thomas Kralow
Rating: 4.5 (143 reviews)

An excerpt from Thomas Kralow's famous trading learning program!

Created byThomas Kralow

Last updated 12/2020

English

What you'll learn

How to deal with overtrading?
How to overcome fear?
How to avoid common pitfalls?
How to approach trading like a PRO?

Course content

1 section • 14 lectures • 1h 27m total length

Introduction0:47
A warm welcome from Thomas Kralow.
Correct expectations from trading7:04
One of the most important lessons. Learn how to set realistic expectations for your trading career.
Quiz (lecture 2)
This is business12:03
Learning to appreciate trading. Discussing the reasons why you must treat it with the utmost respect.
Quiz (lecture 3)
Value of money8:09
In this lesson, Thomas Kralow will explain an incredibly important aspect of trading psychology. The difference between the money to "buy stuff" and "trading capital."
Quiz (lecture 4)
Psychological stages5:50
Learn about the three stages that absolutely every trader goes through.
Quiz (lecture 5)
When not to trade3:16
Discussing different situations and circumstances that can and probably will affect your trading results.
Quiz (lecture 6)
"Glass spilling from the slightest shake" concept4:48
This lesson will help you understand your psychology and potential weaknesses.
Quiz (lecture 7)
The market is always right4:46
Introducing one of the most critical psychological rules of trading.
Quiz (lecture 8)
Time off9:07
Finding a way to avoid unnecessary stress. Emphasizing the importance of finding something to take your mind off trading.
Quiz (lecture 9)
Letting your profits run5:22
Introducing one of the most difficult to follow rules.
Quiz (lecture 10)
The hardest thing to do4:47
Understanding that you must take only the best opportunities and leave garbage for other traders.
Quiz (lecture 11)
The most important rule3:32
When it comes to trading, learning to appreciate common sense is difficult. However, this lesson will help you do that.
Quiz (lecture 12)
A good start13:58
Quiz (lecture 13)
Bonus Lecture4:03
A few final thoughts from Thomas Kralow.

Requirements

No requirements.

Description

This course (Trading Psychology) is an excerpt from Thomas Kralow's famous trading learning program! Learn to be in control of your own trading as well as yourself while trading. This course will help you avoid all the common pitfalls, such as overtrading, fear, greed, etc.

Trading is not easy, and that is why I do not sell short and useless courses. I am offering a full-blown university grade trading education (in my full learning program). In my opinion, knowing proper technical analysis constitutes only about 20-30% of long term trading success. The rest 70-80% are made up of crucial trading aspects such as trading psychology, risk management, money management, development of a strict personal algorithm, personal trading statistics, correct understanding of "value of money," correct mindset, correct expectations, correct understanding of trading in general and so on.

Who this course is for:

Beginner as well as experienced traders!