Master The Psychology of Forex & Binary Options Trading

How To Develop a Winning Trading Mindset

4.65 (83 reviews)
Udemy
platform
English
language
Investing & Trading
category
instructor
Master The Psychology of Forex & Binary Options Trading
307
students
1 hour
content
Jul 2016
last update
$27.99
regular price

What you will learn

Manage their emotions during live trading

Recognize & disrupt emotional influence

Remain calm in stressful situations

Avoid taking impulsive trades

Avoid over trading

Develop the discipline of strict money management

Improve entry timing for better strike rates

Why take this course?

Have you ever been in a situation where a series of winning trades have caused you to start increasing the size of your investments? Only for the next couple of trades to lose and wipe out all of your profit

Have you ever been in a situation where the frustration of losing has caused you to start chasing your losses? Do you ever find yourself taking impulsive trades that you wouldn’t normally take in a calmer state of mind?

  Do you ever find yourself over trading even though you promised yourself that you wouldn’t do it? Have you ever walked away from a disastrous trading session where you made countless irrational decisions and thought, “what the hell came over me?’

In section 1 I explain the role that mass psychology plays in determining the direction of market movement. I also explain the role that our individual psychology plays when it comes to processing information and interpreting chart data

 In section 2 I delve a little deeper into individual psychology and explain how our default mental programing dictates the emotions we feel and the decisions we make when trading. In section 3 I cover the elements of human emotion and explain how to recognize and disrupt rash behavior before it causes you to make impulsive or irrational decisions. I also introduce the building blocks of emotional intelligence

 In section 4 I explain the key differences between conscious willpower and subconscious habits and outline how to bridge the mental gaps between the 2. And in section 5, I explain how you can take all of the content contained in the program and embed it subconsciously so that you can automatically implement it in your own trading

I’ll also show you how to develop a workable strategy that will drastically improve your performance, boost your win percentage, and set you on your way to consistent profit


Screenshots

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Our review

--- **Course Review: Mastering Trading Psychology** **Overall Rating:** 4.65/5 **Pros:** - **Comprehensive Content:** The course provides a thorough understanding of the psychological aspects of trading, which is critical for success in this field. - **Practical and Crisp:** The material is presented without unnecessary fluff, making it easy to digest and directly applicable to real-world trading scenarios. - **Highly Recommended:** Recent reviews from learners consistently recommend the course, particularly for those serious about improving their trading abilities. - **Real-World Applicability:** The insights gained from this course are not limited to trading but can be applied to general life decisions and problem-solving. - **Expert Teaching:** The teacher's ability to convey complex information in an understandable and engaging manner has been commended by multiple students. - **Emotional Intelligence Focus:** The course emphasizes the importance of emotional intelligence, which is a key factor in becoming a successful trader. **Cons:** - **Advanced Content Desire:** Some learners indicated that they would appreciate more content on achieving the highest level of trading proficiency (the 4th stage of learning). - **Content Ordering:** A few students suggested that while the course content was relatable, a bit more structure in terms of ordering topics could enhance clarity and practical application. **Reviewer's Insight:** The course "Mastering Trading Psychology" has received overwhelmingly positive feedback from recent learners, with a near-perfect rating. The consensus among reviewers is that this course is highly valuable for traders at all levels, offering crisp, actionable advice on the psychological aspects of trading. Learners have particularly praised the course for its practicality, the expertise of the instructor, and its applicability beyond trading to everyday decision-making. While some learners expressed a desire for more advanced content, the overall sentiment suggests that this course is a significant asset to anyone looking to improve their emotional control and psychological resilience in trading. --- **Final Verdict:** "Mastering Trading Psychology" stands out as an exceptional course that fills a critical niche in the realm of trading education. It is a must-take for traders who are either starting out or looking to refine their skills, especially when it comes to managing emotions and making intelligent, rather than emotional, trading decisions. The course could be improved with additional content on advanced topics, but even as it stands, it offers immense value and has earned the high praise of its learners.

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894336
udemy ID
7/2/2016
course created date
8/29/2019
course indexed date
Michael Wylie
course submited by