Psychology of Trading - How to Stop Self-Sabotage in Your Trading

This is a YouTube video titled "Psychology of Trading - How to Stop Self-Sabotage in Your Trading" created in December 2011. It features Brian McAboy delivering a detailed monologue on the psychological challenges traders face, particularly self-sabotage driven by the subconscious. He explains the importance of acquiring business and trading skills to overcome these issues and promotes his training programs designed to help traders develop these skills and achieve consistent success.
Hi, this is Brian McAvoy with Inside Out Trading. And really, are you ready to stop sabotaging your trading? Are you ready to find out the real reason why you seem to be your own worst enemy and what you can do about it? Well, if you're like most traders, you probably think that one of your main problems has been lack of discipline. Truth is, most of what you've been experiencing has been self sabotage. Yes, your subconscious has actually been working against you. You're fighting an uphill battle if you're going to consciously try to force things one way when your subconscious is going the other. This is one of the main reasons why being more disciplined is so incredibly difficult and usually doesn't last. But why would you sabotage yourself? Why would your subconscious intentionally thwart your efforts? Well, there are several reasons, but the primary one is the most well known and most common. Your subconscious is correcting external circumstances to match what it believes to be appropriate for you, not make things match what you want and desire. Almost every single time you knowingly do something in your trading that you consciously know is not what you should be doing, that's your subconscious at work. Like when you have a really nice setup, enter the trade right when you should and then immediately get out as soon as you're in profit. Then watch the price run to where your game would have been 10 times what it was. So then you sit there cursing and steaming, only to jump into a questionable setup because now you're mad and you want some payback, even though you're really just mad at yourself. So now the rest of that day is shot with that little black cloud of anger and disgust hanging over you. Then, of course, the night doesn't bring restful sleep, so you wake up grumpy and tired. And all day long, everybody comments about how worn out you look. And then finally the weekend arrives and you can't even enjoy your R and R time. Okay, so what's wrong with the picture that your subconscious needs to correct? Well, in nearly six years of helping traders work through issues, it is always about you, the trader. It's about your self image and what you subconsciously know to be true about yourself. Which explains why just acquiring things doesn't move you beyond where you are now. That's why a new trading system rarely works out the way you'd like, because it's still you and the missing somethings are still missing. Your subconscious will only stop sabotaging you when you make the necessary changes in you. Like, first of all, recognizing that trading is a skilled occupation you have to have the right skills in order to enjoy real success. And until you develop the right skills, your subconscious will continue to adjust the level of success in your trading to that of an unskilled trader. That's where a lot of the problem has been. Now don't be offended. It's just how your subconscious works. Okay, so what skills do you need? Well, again, from years of experience and working with hundreds of traders, they're primarily two that bring about the substantial shift that you and your subconscious both seek. Focusing on and acquiring just two specific skill sets will create the transformation in you and your trading that changes everything. Now, on both conscious and subconscious levels, you know that trading is indeed a real business, thus requiring the skills of a business developer and owner. And of course, that starts with business planning. After all, how can you expect consistent profits from a business that was never really properly organized? How can you build a profitable business in the real world if you can't even do it on paper? The skill of knowing how to properly plan out a business gives you some security that your idea has good odds of success. Planning out your business allows you to be proactive and take control of your future. It gives you a clear vision of your future, what you want to achieve, and how you'll achieve it. Most importantly, planning helps you work out potential complications and obstacles in advance. It gives you that higher level plan of action that you can execute and use to stay focused, thus saving massive waste of time and resources. Lots of benefits. Now, the second skill set needed to satisfy your subconscious that you are deserving of success is quite logically that of being the skilled trader. Not just knowing how to follow a set of rules. A real trader has several key skills. How to select a system that's appropriate for the business. You've heard. Find an assistant. Work with a system that suits your style well. Your style and your business mean it. You are the business. How to evaluate it for functionality not all systems are created equal. So whatever one you're looking at, will it be easy to trade consistently? Or will it be vague and confusing and frustrating? You know what I'm talking about. You've run into this before. How to properly evaluate the system for financial viability. Can it realistically be expected to meet your financial objectives? Or are you just running on hope now, if it worked as expected, or if something changes in the marketplace, you also need to know how to make changes to the system in a calculated and businesslike manner, not just trying this and that only to be lost after a while with no real clue. Clues to what helped and what didn't. When you have these skills, the business and the trading skills, only then will your subconscious let you enjoy success. So if you're ready, if you're ready to stop sabotaging yourself, if you're ready to gain the skills to see your future and make your success happen, then proper training is the only way to acquire those skills. Which is specifically why I created these two programs just for you as a self directed trader that provide the two key skill sets you need. That of the owner and that of the trader. So we've got the Trading Pit Club for professionals in training which walks you step by step through the process of organizing a trading business and creating a real and working business plan. This gives you the business skills so you know what you're doing with your business and your subconscious can chill out about your business. Now you also get the Trading System Mastery Home Study training program which transforms you into a true skilled professional trader. It takes care of all those skills that we talked about together. These two training programs eliminate the self sabotage from your training and accelerate your trading to the next level and beyond by equipping you with the skills and tools to truly know what you're doing, where you're going and how you're going to get there. This removes all the reason for your subconscious to hold you back. Begin your transformation right now by going to insideouttrading.com new u now I'm a quality engineer. I'm a degree mechanical engineer and an ASQ certified quality engineer. And I can tell you from experience and all my years in quality and engineering, this just plain works. And what works is all that matters. Best of all, when you have the right training, you get to see results fast because you're not having to figure it out for yourself. You have guidance. You have somebody there to help. It's there. Now I've seen this happen so many times with clients and mines and I'm so sure that it'll work for you too, that you're guaranteed to realize a transformation both in your results and in your trading experience. Now if you don't, if you're just plain not happy for any reason, hey, let me know and I'll give you a prompt and courteous refund. You can only win here. Begin your transformation right now. Go to insideouttrading.com new u Now there's one other thing that I can guarantee. If you don't do anything to address the reasons your subconscious has been sabotaging you, it will continue to do so. You will continue to live with the unchanging mediocre results, the same frustrations and disappointment. If all you do is keep buying more systems, software and shiny shortcuts, your subconscious will keep taking the fun and profit out of you. Trading. You'll continue to see month after month go by with more time and money and resources wasted and the accumulation of more regrets and guilt. Only when you change you with the proper training will you finally realize any worthwhile changes. Get off the road to nowhere. Start your journey down the right path. Go right now to Insideouttrading.com new uh.









