Trading Psychology PDF

October 20, 2017 | Author: Foky Sk | Category: Neurofeedback, Unconscious Mind, Psychology & Cognitive Science, Fear, Clinical Psychology
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Frank G. Stanley, Ph.D. Licensed Clinical Psychologist Professional Trader and DTI National Mentor www.MyNeurofeedback.net

Frank G. Stanley, Ph.D. Licensed Clinical Psychologist BCIA Certified in Neurofeedback Specializing in Human Performance for Traders

Frank Stanley, Ph.D.       



Licensed Clinical Psychologist for 24 years. Mentor, Counselor, and Educator for 26 years. First Broker Assisted On-Line Trade in 1991. On Line Trader Since the mid-1990s. Experience with Multiple Execution Platforms and Brokers. Student of the Markets for 16 plus years. Mentored in Stocks, Options, and Futures and Psychology of Trading. Special Interest in Enhanced Performance of Traders Through Advanced Technology.

Who Are You?

Who Are You?

You are the product of your genetics and environment.

YOU ARE A PROFESSIONAL TRADER

BECOMING A GOOD PROFESSIONAL TRADER INVOLVES MORE THAN LEARNING ABOUT NUMBERS AND TECHNICAL INDICATORS

Education Experience Repetition Supervision Mentoring Community

TIME IS?

TIME IS MORE VALUABLE THAN MONEY!

ARE YOU READY TO IMPROVE YOUR LIFE AND YOUR TRADING?

THEN YOU WILL NEED TO CHANGE YOUR THINKING

Embarrassment Fear Guilt Hurt

Fear & Greed

FEAR IS NOT YOUR ENEMY

BECOME AWARE OF THE GIFT OF FEAR

Fear of Failure Fear of Change Fear of Success

Setting Unrealistic Expectations

Concern Might Lose Something (Like Self-Respect)

Facing the Unknown and Accepting the Outcome

Feeling That Nothing is Broken, So Why Fix It.

Feeling An Impostor Concern About Demonstrating Continued Success

Heightens Awareness Prepares for Action Superior Ability

Take Smaller Steps to Attain Your Goal Talk With Someone To Identify Roadblocks Identify the Worst Case Scenario

HINDSIGHT IS 20/20

THE GOLDEN GUN

PEOPLE TEND TO FORGET THEIR INITIAL GOAL.

IDENTIFY YOUR GOAL AND STICK WITH IT

GREED IS YOUR ENEMY

Fear of Loss Zero Sum Thinking

If answered or said to yourself that you are, then that could be bad for your life and bad for your trading.

Not only are you not Ok BUT No one is truly OK.

Most of people’s lives are spent trying to make themselves feel or be OK. Until you truly can accept that you are not OK and never will be OK, you are NOT OK.

People prophesize failure, then they manifest it in some form.

Doing the same thing over and over again and expecting different results. Albert Einstein

Tendency in the unconscious that impels the individual to repeat certain actions, in particular, the most painful or destructive ones. The tendency to repeat earlier experiences or actions in an unconscious effort to achieve belated mastery over them. Sigmund Freud

Increasing self-awareness. Honesty. Stop expecting the worst due to the past. Distraction and positive activities. Supportive people and communities.

ENGAGE IN THE OPPOSITE BEHAVIOR

PARALLEL PROCESSES Different areas of your life are psychologically related to each other.

PARALLEL PROCESSES What you are doing in other parts of your life will influence or impact your trading.

PARALLEL PROCESSES What difficulties are you facing?

What things do you not like about trading? Are these things also related to other situations? What can you do to change this?

PLANS WORK

EXPECTATIONS SABBOTAGE

How confident do you feel? How competent do you feel? How much confidence due you have in your competence?

Learn to know what incompetence looks like.

Shift locus of control from the market or other environmental factors to the trader (yourself). What is the problem for you? Solutions will fall out.

TAKE ACTION NOW!

Increase awareness of what is going on.

Embrace fear as your ally and servant.

Think Abundantly.

ENGAGE IN THE BEHAVIOR OPPOSITE FROM YOUR REPETITIVE BEHAVIOR

Focus on outcomes for trading staying aware of everything you are doing psychologically that affects trading.

Stay Performance Based

Identify one thing that you want to learn or improve as a trader.

Identify one area you have had confidence in your competence and see if you can transfer this to your present skills.

Create an action plan with specific behaviors, in writing, and with dates for change.

Peak Brain Performance

GENERATING THE RIGHT BRAINWAVES  Theta

4-7.5 Hz

Drowsy

 Alpha

8-12 Hz

Alert/Relaxed

 Beta

13-35 Hz

Engaged

Advanced Technology for Human Performance • Alpha-Stim SCS or 100 • Transcranial Stimulation • Enhanced Meditation and Relaxation

Neurofeedback Program for Trading Performance • Quantitative Brain Map (QEEG) • Portable Training Unit • Six Months of Neurofeedback Monitoring • Monthly Group Meetings • Special Introductory Offer $3900 • Call 904-448-0079 or 904-448-2079

• Email: [email protected]

Frank G. Stanley, Ph.D. Licensed Clinical Psychologist Professional Trader and DTI National Mentor

DTI Options Course Taught by Dr. Frank Stanley, PhD

•2 Day Course Covering the Following: •

• • • • •

Introduction to Options Call 800-745-7444 Long and Short Strategies Psychology of Trading Options & Why Most Ppl Lose Advanced Options Strategies and When to Use Them Managing Risk of Short Options and Credit Spreads Trading Options Intra Day and on a Swing Basis

•Includes 30 Days of the Options Newsletter and Weekly Education Sessions

Only $1250 (Includes FREE Retake)

OptionsTrader Newsletter Specific Weekly Trade Recommendations

•Subscription Includes: • Weekly Newsletters w/ Option Trades

• Weekly Educational Sessions w/ Dr. Frank Stanley (Wednesdays @ 5:00pm CT – also recorded) • Yahoo IM Trade Alerts/Updates • LIVE Access to Dr. Frank’s Option Day Trades

$149/month $399/quarter $1399/year

Call 800-745-7444

DTI Options Course Leveraging your Education with the Flexibility of Options

Introductory Online Session: (This is recorded) Date: July (online) 8:00 am ct – 5:00 pm ct (July 21st) 8:00 am ct – 3:00 pm ct (July 22nd) Call 800-745-7444 http://www.dtitrader.com/store Click Special Courses

Only $1199 (Includes FREE Retake)

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