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DESCRIPTION: This is an incredibly important course. Successful trading has been called the antithesis of human behavior. Learn about the mistakes that traders make time and time again and how you can avoid them.
It is not only the discipline, or lack thereof, that can make or break a trader and his/her account but, also the rules which he/she follows that governs his/her actions.
Without knowledge of your own psyche and how it affects your trading there is no foundation, without rules based on this knowledge there are no pillars, without the discipline to heed to those rules there is no roof, without a trade journal – which embodies all three – there is no building.
This course is built to not only enlighten, but also to heighten your trading abilities and give you the concrete and useful knowledge that can be applied in your day-to-day trading.
This is a great course!
(Part I) - Topics include and, more importantly, how to use… |
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(Part II) - We then move on to: |
• Why is the Psychology of Trading Important?
• How is the Mind Built to Fail in Trading?
• Knowledge of your Psyche
• The Fundamental Rules of Trading
• Trading Mistakes and How to Avoid Them
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• Discipline
• The Trade Journal
• Applying the Rules of Trading to your Trade Journal
• Class Critique of Sample Statement
• Class Critique of Student's Statements
You will learn the foundation from which to build a good trading strategy.
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