Cognitive Strategies For Trading Psychology

[ReadAndGrow]

The Three Minute Trading Coach is my favorite in the trading world right now? Anyone else with the same opinion?

[Youarturo]

Love your videos, they are full of "ready to use" approaches and techniques ... THANK YOU !!!

[tonycasa]

This was great Dr. Brett. Thanks for sharing.

[brycemcgoey]

Incredible content as always Dr.S
Much love from San Diego

[ImChrisBrown]

I had a tradervue journal entry recently where I expressed some frustrations about my own approach to the market. I told my girlfirend it felt like my boss yelled at me over the weekend and told me to stop trading like a greedy asshole and actually do the job like I know how to do it. Since my boss yelled at me (myself, via my journal entry) I've taken way less greed based trades and have had better pnl. Self talk actualized as self coaching/mentoring is really helping me narrow down my focus to how I actually provide value to the market and get rewarded for it. Thanks for the content Dr. S.

[enganosa]

LOVE IT!! will start doing it tomorrow!! :)

[gavinstrelitz]

Thanks Dr Steenbarger, great advice as usual. You may want to review this video as there are moments when the visual goes out of focus for a few seconds and then comes back.

[jefflittell]

Thanks, Dr. The Inner Game of Tennis is a book that best helped me internalize this concept.

[WaMinuteG]

Thank you Sir, I hope I can get my psychology right soon.

[wntu]

I was already talking out loud but I am happy to find out it doesn't mean I'm crazy. :)

[youhavetogotheretocomeback]

Great advice but one thing missed here - your self-talk should always be in the third person when trading. This creates the necessary distance required to reduce the impact of emotion and decision making on your trading mindset.

[PortCapital]

Thx ill try this out. Ive been under performing lately. I know how to trade sometimes i get into this blank state of mind where i seriously screw up my trading. Like today i had a small winner turned loser, instead of stopping out like i know i should do, i went into this stubborn mindset and let that loser grow 5x what it should have. I then went short off total fomo when it was a great long set up, ended up catching the low by 2 cents and get stopped out on an other wise profitable day.

Do you have any recommendations on how i can stop myself from doing this? It seems like every week this happens where i end up with way too big of loss or i simply stop trading how i should.

[jma]

going to try these tips, but honestly, I feel like I need electroshock therapy