Patience - Trading Psychology Made Easy, #4 - E-book - ePub

Why You Need to Read  Patience the latest in the series of 'Trading Psychology Made Easy' books. A recent reader survey demonstrated that one of the biggest trading psychology issues that traders face is related to their own inability to just sit and wait for the best time to take an action, whether that be to enter a trade, move a stop loss, or wait for the planned take profit target. This inability to simply wait leads to entering trades when there are no trades to take, (over-trading), exiting trades too early without allowing them time to develop, and exiting trades before the take profit has been reached.
Lack of patience also causes other negative behaviors related to trading, such as not bothering to back-test the system, not keeping careful records and not doing an end-of-day or end-of-week analysis of trading results to find areas of improvement. The feeling of 'things not moving fast enough' also causes traders to add too many trading systems to an already overloaded brain and not be able to focus properly on any one strategy to make it profitable The profitability of the trading system is profoundly impacted by these types of behaviors and turns what is a money-making system in theory, into a loss-making system in the real life.
The problem facing traders is that personal change can be hard and requires extensive inner work to change a person from impulsive and impatient to someone who routinely practices patience on a daily and hourly basis. This little book follows the theme of the other related 'Trading Psychology Made Easy' books and aims to give traders a new way to look at trading which will naturally increase positive trading behaviors in an effortless way.
Using powerful techniques from the world of NLP, Hypnosis, and EFT help make 'lack of patience' a non-issue in your trading performance. Get the Book Now and Start improving Your Trading Today! Reader ReviewsSandip Patil A great Masterpiece by the authorReviewed in India on 13 February 2017A great Masterpiece by the author! There are millions of books on trading strategies, but not a single one for controlling emotions.
This book teaches exactly how to do it. Unless you have patience & courage you can not take a trade even if you have good strategy. This book changes your emotional state while trading. A MUST read if you are a serious trader. Great work by the author!!!