Trading Psychology: How to Have More Confidence

So I'm talking with one of my coaching clients yesterday, and he asked me, you know, it's like, so, Brian, you know, what's a. What's another indicator I can add? Just, you know, see if. So I feel more confident going into my trades, you know, just so I feel a little bit more confident in my setups. And so we talked about that a little bit as far as, you know, where confidence comes from. And the thing is, and this is what I told him, it's like, I understand why you're wanting, you know, another indicator. Yes, you want to have more confidence in what you're doing as far as entering the trade, you know, just isn't, you know, is it more likely that it's going to work out for me, you know, if you're in that situation and you're nervous, which really translates to you're lacking confidence to a certain degree, that confidence is not going to come from another indicator. The anxiety comes in because like he and I were talking about, it's like, if you're wanting to get into trades, no matter what indicator you're using, you can talk yourself into seeing what you want to see. And that's true, you can. And same thing with the price action on the charts or the indicators, whatever. If you're wanting to see a setup, you can talk yourself into it. And that's where a lot of, you know, bad trades wind up happening. So if confidence doesn't come from, you know, more information, like I said, you know, if you're looking for another indicator, you know, another moving average, whatever, what you're looking for is confidence. That's what you're wanting, is some of that emotional support so that you can feel more assured going into, you know, the trade. And the thing is, you know, that indicator, that other moving average, whatever, is not going to give you confidence. So if that's not going to. If that's not, where you going to find the confidence from that assuredness, where's it going to come from? Well, it's going to come from two sources, and they really have nothing to do with indicators. They're going to come from clarity. When you can. When you get yourself to the point where you can just look at a chart and, you know, yes, this is a good setup, and it's very clear. I mean, have you ever thought about that? You know, sometimes, man, you know, I can see that stuff, and, man, it's just. It's super obvious. That kind of clarity is what I'm talking about. And what makes it. What makes trading Anxious in a frustrating and, you know, a nervous kind of occupation or activity is when you're looking at the charts and you're like, ah, you know, I can't tell. You know, it's just, I can't. I don't know if it's a good, you know, if it's really a good setup or not. I don't know if this is just gonna be another, you know, when it blows up in my face. The, the, I don't know part, that lack of clarity. So clarity when you're looking, you know, when you're looking at the charts, when you know what you're looking for, that kind of clarity is huge. The other place that your confidence is going to come from is consistency. If you're not consistent in what you're doing, if your trading just doesn't have the consistency that you need, yeah, it's going to be tough to be confident in what you're doing with your trading. It's going to be tough to be confident going into every trade. If you've been all over the place. And if you think about it, yes, consistency really is huge. But if you have that consistency, if you have the consistency in your execution, what you're doing, man, yeah, it's so much easier to go into it and say, yeah, I know I'm good. I have that clarity, I have that consistency. That's when you can go to the markets every day and feel very confident, very assured in what you're doing. And again, yes, and I keep using the word assured. My background is quality assurance and the whole thing behind quality assurance was to have predictable processes, hence assurance. That's why that's my area of expertise. Again, I used to be in quality assurance and I'm also a certified quality engineer. So I am in a position to help you do this. It's really, it's what helped me turn my trading around. It was really the main thing was being able to look at my trading from a quality perspective and apply all that I had used in my job in manufacturing, in a corporate world to be very successful in achieving that consistency and that clarity and that confidence there. When I applied it to my trading, everything turned around. And that's what I'm teaching other traders for over a decade now. And it just plain works. Again, when you have that clarity, when you have that consistency, you can go to the markets very comfortably knowing that, yes, you're okay, you're good, you'll be looking at the charts, you're relaxed, you're not feeling like you're chasing everything, you got to get in on these moves, all that kind of stuff. Things get very matter of fact and it's, it gets that enjoyable point where you can just you know, go do your thing, you know, make your money days over, go enjoy your life. And that's really where your trading should be. And so if you'd like some help with this. Swingmyinsideouttrading.com Got some free report you can pick up there, the proven formula for consistent monthly profits. Pick that up for free. And there's other resources there for you as well. But really focus right now. Don't focus on indicators and tweaking your strategy. You really want to focus again on clarity and consistency because when you have those two, everything else gets easier. It really does. And you know what? You know that I'm telling you the truth. You've experienced it. You know, just because you have a new strategy, that doesn't mean everything's fixed. If you don't have the clarity, you don't have that consistency, the confidence is really going to be tough. So anyway, like I said, I hope this been helpful though because if you're wanting the confidence, that's huge. You gotta have, you gotta have the confidence, you know, to stay calm while you're trading and you get that from the clarity and the consistency. Anyway, I hope this been helpful and if it has, you know, give me a like and a thumbs up down below. Subscribe to my channel and yeah, yeah sure, you know, share this with your friends if you have some trading friends. Anyway, I hope this been helpful. Swingby inside@trading.com let's get your trading more, you know, more clear, more consistent so you can enjoy that confidence. Talk to you soon. Cheers. One of the keys to being a successful trader is avoiding making mistakes. So if you'd like to find out what the top, top psychological mistake is that most traders make, let's just check out this video right here and find out. It's from a golf perspective so you like this and you'll definitely understand it and it'll definitely help in your trading. You'll like this. Talk to you soon. Cheers.