Trading Psychology: Which Camp Are You In

Which camp are you in? Are you, are you in the camp of traders that says trading is just an emotional experience? There's no way it's not going to be an emotional experience. So you can really do is, you know, try to control your emotions or are you in the camp where, like, where I am. And as far as I'm concerned, really with trading, once you get a really solid handle on it, you've got the skills that you need and you got the right training and you got a good system that, you know you're solid with and, you know it's solid. Trading really doesn't have to be that much of an emotional experience. It can be pretty much like any other job. Well, it's a word, it's a question worth pondering because there are some people that are just absolutely convinced that, you know, man, as yet, as soon as I click that button, it's like, you know, taking a shot of heroin or whatever, you know, there's just this massive chemical rush and there's just no way you can keep it from being emotional. Well, the thing is, in my experience over the last 18 years, helping traders, in my own experience, seriously, what. A lot of the, A lot of the reason that so many traders have anxiety is for one of two reasons. They've got some doubt about themselves, about their strategy, you know, their, their lack of confidence, even if it's only a little bit. Again, that doubt really can creep in on you. So, yeah, now you're fighting with anxiety when you know you're solid, you know that your system is solid, you know that you're good, whatever. If it's the lack of training, you know, maybe the bad experience that you've had with trading so far, wherever it's coming from, if you find that, yes, you know that it's, you know, you have that anxiety, that doubt, well, there's certain things you can do about it. You can, if, you know, you feel that you're, you know, your system is solid and you're solid, you know, for the most part, trading it and it's just, you know, you're just having a hard time keeping the emotions out of it. Trade small. It's small for a while and then slowly as you build confidence, you get used to trading, you know, with poise and calm, you know, and comfort, you can, you know, you can start to expand your comfort zones a little bit at that time, A little bit at a time. The other thing is, if you got a rough start to your trading, if your first year or two or three or Five, you know, we're rough. There was some psychological damage that was done, of course. Yeah. Now it's got some, you know, it's got some doubt there. And you probably, if you're like most traders I know, like my first year of trading, I got a lot of, I got a lot of bad training because I was trying to train myself and I didn't know what I was doing. And so there's a lot of damage that's done for, for so many traders in those first, you know, weeks and months, sometimes years of trading psychological damage where now. Yeah, you need some help getting that fixed. You need retraining and you need to get trained by somebody who knows what they're doing. They know how to make your system follow. They know how to help you get solid with it skill up to where. Yes, now you have a solid handle on it. Again, we rewire you through changing your experience. We retrain your nervous system and your brain. Yeah. Now you can trade comfortably, calmly and execute very well. So there are things that you can do if, you know, you find that, yes, you're fighting your emotions. The thing is when you take care of the issues, when you take care of the cause of the problem, again, trading outside your comfort zones, trading without correcting training that you got early in your trading career, the damage that occurred then, you didn't get good training to start with, you fix those issues. Trading actually is pretty cool. It's no more of an emotional ride than any other job that you've had. You know, you get up, you trade. Some days are better than others. Enjoy the winners, the losers. You know, it would have been nice if it had gone my way. Nothing that wrecks your day. And that's what's cool about it. When you have a solid handle on this and you're trading properly and you got yourself wired right, you got good training. Yeah, it's no more of an emotional ride, any. Anything else. And that's when it really gets good because then you can settle down and then you can just focus on making money and enjoying your trading. So if you'd like to find out more about this wingbyinsideouttrading.com we've got some free resources. Can I help you know, expand on this perspective and how to apply it to your trading? So yes, you can calm down, trade comfortably, understand what's messing with you in more detail than what I've shared in this video. And it's really cool you can get things turn around. If you want to call with me, we'll you know, get on a zoom call or phone call, talk about your situation, you know, what's been holding you back, the best way to get you past it and on to good comfortable trading, making money and you know, really just enjoying what trading's got, you know, got to offer you. And you know, if you've enjoyed this video, give me a like and subscribe down below. Subscribe down below. We'll let the YouTube algorithm know that you know, you like videos like this. It'll, it'll show more, more of them and of course if you have friends who trade, you know, make sure to share it with them. They'll like even more if you can help them with their trading. So again I hope this has been helpful. It has. Great swingby. Insideouttrading.com Improve your trading, make your life better Trading become, you know, all that you want it to be. Talk to you soon. Cheers.