Trading is about 90% psychology. These trading psychology articles are focused on working on your mind so you can properly apply your trading plan.
Trading Psychology Articles
5 Beliefs You Must Accept to Improve Day Trading Performance – Day Trading is largely psychological. We look at how your beliefs shape your perceptions (what you see on the chart) and what beliefs you must accept to see the market clearly.
Defining Factor Makes or Breaks Traders: The Trading Losing Streak – No one likes to talk about losing, but it happens. It is how you deal with it when it happens that will determine you success.
Risk Spikes – Risk Management Mistakes that Ruin Traders – Risk spikes are risk management mistakes that ruin traders quicker than any other mistake. Here’s what it is, why it WILL happen, and how to deal with it.
Trading Psychology – The Problem of “Trading Not to Lose” – Trading not to lose is an issue almost every trader will face at some point in their day trading career, and it causes major problems. Here’s what it is, why it’s problematic and how to get yourself into an opportunity seeking mindset.
Trading Psychology – Dealing with Loss Aversion – Loss aversion is the when losses are held longer than they should because we hope the price will come back in our favor. It can cause big problems. Here’s more on what loss aversion is, what causes it and how to manage and conquer it.
Self Control in Day Trading: The Biological Factors – Psychological factors are not the only possible explanations for a lack of day trading self-control. Biological factors may also play a role.
Mark Douglas Interview – Mind Over Market Video (55 mins) – Interview with Mark Douglas, trader and author of The Disciplined Trader and Trading in the Zone. His books are definitely worth the read, and this video discusses some of the topics from those books.
Trading Mindset-Your Purpose for Trading Affects Your Results – Finding your purpose, so that trading isn’t just about money…because if it is then it can be as empty as any other career. The mindset discussed in this article is about more than trading, it’s about life.
Overcoming Trading Anxiety By Understanding the Causes and Process of Anxiety – There are only 2 causes of anxiety. And one can be used to control the other. Then, there are three ways to deal with anxiety–2 of which are destructive, and one which is the way out.
Find the Right Trading Mindset – Dependent or Independent – To become a true trader–and not someone who is reliant on someone else for signals or trade ideas–you need to take what help you can get from others, but ultimately forge your own path. Here’s how.
Trading Psychology Quirks – Availability Bias – A common human tendency, where we simply draw on how many examples of something we can think of instead of studying the facts. It can greatly affect trading…here is why, and how to manage it.
Trading Psychology – The 4 Stages of Trader Development – Four very broad stages you will go through as a traders; by understanding the stages you may be able to accelerate your progress and avoid common pitfalls.
Books that Have Had the Greatest Impact on My Life and Trading – Books that I have found of great help in getting mainly in trading psychology under control. Most of these are trading books, but have had an indirect impact.
Trading Plan Failing? Losing money in the stock market? Ask yourself these three questions – More questions to ponder if you aren’t seeing the results you want.
Don’t Trade While Sick – Lessons Learned From a Losing Week – Making sure you mentally and physically prepared to trade. If you aren’t, it can get ugly.
Video on Trading, Risk, Probabilities and Trade Management – Great video webinar on assessing risk and understanding how trade probabilities play out.
Why Emotional Discipline is Key to Success – you are serious about trading, Jeffrey Kennedy has some advice for you: learn emotional discipline. In this article he shares some expensive lessons he learned during his 20+ years trading the markets.
How to Build Consistent Trading Success – Senior analyst Jeffrey Kennedy shares with you practical advice on what it takes to improve the quality of your trades.
How to Become a Better Trader: Know Thyself – Jeffrey Kennedy has more than 20 years of experience as a trader, and helps traders and investors improve their trading skills — which includes expanding their own self-knowledge.
Five Fatal Flaw of Trading – While there is no magic formula, Trading Instructor Jeffrey Kennedy has identified five fundamental flaws that, in his opinion, stop most traders from being consistently successful.
Why Buddhism Can Be A Trader’s Greatest Teacher – Finding a trading system is only the first step in trading success. Learn to foster self-awareness and emotional control through Buddhist teachings.
Traders: Top 10 Reasons For Loss of Discipline – A simple but highly accurate list of why traders lose discipline.
What Personality Type Makes the Best Trader? – Senior Instructor Jeffrey Kennedy shows you what personality type makes the best trader, and what determines your ability to prosper in fast-moving markets.
Video: Becoming a Disciplined Trader with Ari Kiev – Hour long video seminar on trading psychology, with Ari Kiev, on becoming a disciplined trader.