Rande Howell: Mastering Fear and Impulse in Trading
Date of issue: 24 June 2011. Speaker: Rande Howell. After several years of intensively studying methodology, most traders still find their dreams of financial and personal independence elusive. They know how to trade their methodology, but their discipline breaks down when faced with making decisions under the smoke of uncertainty. They know HOW to trade, but when pressure is on, their psychology betrays them. Does this describe your situation? What they discover missing from their trading plan is a focus on the psychology that trades their methodology. So focused on seeking a magic bullet and to their detriment, most traders do not accept that eighty percent of trading is in you head. Just like you have to train to a methodology that moves your trading from gambling to risk management -- so must you develop your psychology to create your state of mind that brings a psychological edge to your methodological edge. It has to be built because few traders come psychologically equipped off the shelf for success in trading. In this workshop Rande Howell, author of Mindful Trading: Mastering Your Emotions and the Inner Game, shows you how the psychology you brought to trading lets you down – particularly your beliefs about money fused to power, adequacy, mattering, and worth. You will learn how to name your fear and understand how self limiting beliefs show up in your mind as thoughts that cause you to hesitate or to trade impulsively. Then he will show you how to break through the self limiting beliefs behind “trading not to lose” and build your psychology of peak performance trading. If you are to become a successful trader, it is your psychology that has to be developed. Learn how by registering for this webinar.