Have you ever wondered why some traders consistently win while others struggle?
I’ve studied over 100 pro traders for more than a decade.
Their secret weapon? It’s all in their mind.
Here are 5 uncommon ways to think like a pro and boost your trading performance:
Practice Deliberate Losing
Learning to lose well is key to long-term success.
- Take small, planned losses regularly
- Write down what you learned from each loss
- Celebrate losses that follow your strategy
Treat Each Trade as New
Every trade should stand on its own, no matter what happened before.
- Use a checklist for each trade to stay focused
- Take a short break between trades to reset your mind
- Start each day with a clean trading notebook
Save Your Brain Power
You only have so much willpower each day. Use it smart.
- Plan all non-trading choices the night before
- Use simple rules to make small trading decisions
- Use the same morning routine on trading days
Use the ‘Pause Button’ Trick
Learn to stop and think before you act.
- Write why you’re making a trade before you do it
- Set a 30-second timer before confirming any trade
- Take three big breaths before every trade
Be Okay with Being Wrong
The market knows more than you. It’s okay to admit that.
- Keep a record of your mistakes
- Be happy when you change your mind after learning something new
- Ask other traders what they think of your trading plan
To learn more about How you can Start Trading for a living, sign up below for my Free Training on the “7-Steps to Financial Freedom through Trading”.