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Trading Psychology
- A Detailed Guide Focusing on Using the Relatable Knowledge of Psychology to Achieve Trading Success: F.W. Trading Book Series, Book 2
- Narrated by: DM Studios
- Length: 2 hrs and 56 mins
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Publisher's Summary
Are you a trader who has already mastered trading platform techniques yet is not profiting in trading business?
Well, this might mean that there is something you are missing, something your approaches don’t cover.
This audiobook focuses mainly on how psychology is related to norms of trading. As trading gained popularity and became easily approachable, the expertise, trading tools, and trading platforms became advanced too. Today, there exists a long list of technical supports and functional resources available on the internet.
As you listen to this audiobook, you will come to know about the diverse group of traders and how their trading mindset and psychology can assist a trader in mentoring himself to financial market success. In addition, it contains several relevant examples and analogies that would help an amateur trader properly understand the fundamentals/principles of trading.
It focuses more on strategies, habits, mindset, and tactics of a day trader that lead him to absolute success. Instead of wasting time on market trends, this audiobook targets the functioning chemistry of a trader's mind, the psychological dangers of trading, and methods and techniques to overcome them.
Trading, like professional athletics, is a venture that is high-maintenance and demanding. Some of you might be familiar with the phrase "no food is free food", same is the case with trading. Success never comes to those who lack dedication, hard work, consistency, or discipline. Traders must be in the greatest possible emotional and psychological condition. Their rational thinking must be independent of prejudice or biases.
Here is a slight taste of which areas does this audiobook covers:
- What is trading psychology?
- Defined trading terminology
- Challenges of trading
- Common mistakes that traders commonly make during trading
- How to avoid these mistakes
- Psychological dangers in trading
- Factors on which trading success depends
- Importance of mindset for a trader
- Importance of discipline in trading
- Concept of trading resilience
- Importance of resilience in trading
- How to Improve trading discipline techniques
- Importance of knowing yourself as a trader
- Importance of focus in trading
- Where to concentrate your focus
- Importance of healthy lifestyle for a trader
- Odds faced while trading and how to overcome them
- Importance of trading routine
So wait no more. Buy this audiobook and start profitable trading!