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Trading psychology course

Trading psychology from A to Z.
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The course consists of:

Introduction

Basic information about the course and how it works. What to do and what to focus on. That’s what you will find in the introduction.

Awareness

Awareness plays an important role in trading. It is very important to understand what you are doing during your trading process so you can improve your process. In this chapter, Nelly provides you with simple tools so you can increase your awareness while trading. A small exercise on your current awareness is also part of this section.

Theory of personality

Everyone has their own understanding of what personality is. This chapter will shed more light on this topic, which may seem difficult to grasp in the beginning. Michael introduces you to a simple model of personality that you can use in your trading process and also in your everyday life. This model gives you a simple guide to what it looks like to think and behave like a professional trader. There is also a short quiz you will need to complete.

Expectations

Expectations, or in other words our beliefs about the future. At first glance it may not seem particularly important. In this chapter, Nelly describes the mechanisms behind expectations in trading and how those expectations influence your trading thinking, your emotional perception and also trading behavior. She also gives you a method for working with your expectations and formulating them correctly.

The structure

Trading without structure is like going on a cruise without a map – it’s easy to get lost. In this part, Michael talks about why having a defined structure in trading is important. He also shows what a proper structure in trading could look like and how you can develop a feedback mechanism for following the correct behavior. Michael also reveals psychological principles that are the main influence in building a habit.

Emotional Stability

Every trader will probably agree that emotions are inseparable from trading. We need to learn how to work with our perception of our emotions so that we can change the way we let our emotions influence our thinking and behavior. In this chapter, Nelly explains a phenomenon of negative spiraling in trading and describes an efficient process on how to avoid spiraling and keep your mindset healthy. The bonus content of the chapter includes meditation exercises which will help you to relax when you feel overwhelmed.

Confidence in trading

When trading, there is always something that can throw you off balance and affect your confidence as a trader. This can happen in situations where you have several losses in a row or you are facing a serious drawdown. Surprisingly, the periods of good profits are equally dangerous for your trading. In this chapter, Michael walks you through the steps you need to go through if you want to shift your focus from being result-oriented to being process-oriented.

Consistency

The final piece of the puzzle is being able to perform at your best every single day. In this chapter, we introduce you to tools you can use to stay consistent with your approach. Everyone is different and everyone has their own unique reasons for trading. This is why, with Nelly’s help, you will focus on your motivation and long-term vision, because ultimately that’s what makes the big difference between ordinary traders and those who stand out.

Final evaluation

After what you will complete the entire course, you will receive a document in which you will find the main points from the course along with your responses so that you can see how your perception has evolved throughout the e-learning process.

Performance Coach Nelly N.

Performance Coach Nelly N.

Nelly is a Performance Coach helping traders unleash their highest potential and perform consistently when it matters. She graduated from Coventry University Faculty of Health and Life Sciences with a Master of Science in Psychology. During her studies, she became interested in sport psychology and motivation and decided to complete a Life-coaching course focused on performance coaching.

Let’s explore more about your personality. What kind of trader are you? Rediscover your strengths and weaknesses and together, we’ll arrange a plan tailored specifically for you.

Let me help you develop the tools, insights, and psychological strategies that you need to ensure you are well-positioned for moving forward towards your goals. As the famous author and trader Mark Douglas once said: “Great traders are not born, they are made.”

Trading psychologist Michael K.

Trading psychologist Michael K.

Michael graduated from Charles University with a master’s degree in Psychology.

As part of his next psychology education, he has chosen certified training in psychodynamic coaching. This means that during a coaching process, you may dive into the subject issue a bit deeper if necessary. One of his areas of expertise is aviation psychology.

He has been working with airline pilots, assisting them in developing the right psychological skillset which is crucial for working in a performance-oriented environment. Michael has been trading FOREX on his live account since 2015. Throughout this period, he has experienced almost every state of mind that you as a trader may face.

You can be assured that you are talking with someone who understands the grind. As a coach, Michael uses his core skills, knowledge and experience to assist you on your way to achieve your desired goals. He approaches each trader individually – it doesn’t matter if you need to resolve an urgent issue you struggle with, or you want to squeeze the most out of your trading strategy. Together, you will define your targets and find the best solution for your situation.

What our traders said about sessions with our coaches

Sophia said 

Michael has been wonderful, it was like he entered my mind. He gave me the boost I needed, asking me simple questions to let me deduce myself that my bad habits are the opposite of my wishes to make money, and most importantly, he helped to feel the click and gave me the motivation to change it. I hope that for my next session with him, I’ll be able to share positive results 🙂

Tyler said 

Nelly is absolutely amazing! She really does help to keep me grounded and honestly brings my trading psychology to where it needs to be. It helps a lot to have someone like her providing sessions.

Joseph said 

My patience and psychology have really improved. The old me would have lost my account once I got into a losing streak. I have learned to step back and not force a trade if I am not in the right mindset and to be patient enough to wait for my setup to come to me, even if it means taking one trade in a week.

FAQ - Frequently asked questions

Who was this course intended for?

This course was designed for everyone, whether you’re a trading newbie or an experienced trader. When creating it, we took into consideration the needs of all individuals.

Are you at the beginning of your trading career? Then our course can serve as a tool for you to find out what to pay attention to and to optimize the trading process from the very beginning.

Are you already an experienced trader? The course will give you a new perspective on the things you experience in trading and provide you with guidance on how to avoid unwanted behaviour.

Why is psychology so important in trading?

Psychology plays a crucial role in trading for several reasons. Any experienced trader can confirm that having a well-tested, well-functioning strategy is not enough if you are not able to control your mindset.

Trading can be very stressful and sometimes we encounter completely different principles than in any other aspect of our lives, such as a 9-5 job, school, or in sports. For example, we can follow our strategy exactly and still have a losing trade. So if we want to master the trading profession, we must first master ourselves.

How does online learning work?

Within the course, you will go through 7 chapters that introduce you to various topics. These chapters consist of videos and exercises. You will also find a few quizzes to help you better remember the information presented. Some of the exercises require you to think about your journey as a trader and think deeply about the beliefs you have about the trading profession. Then you have the chance to get a different perspective on your job as a trader. If something is unclear in the course, you can always go back and review the previous chapters.

Are there any prerequisites or language requirements?

No, there are no specific prerequisites or language requirements for the course. However, it’s important to note that the course is designed in English. Therefore, a basic knowledge of the English language is required to fully comprehend all videos and exercises.

We believe that as long as you have a good grasp of English and are able to dedicate time and create a suitable learning environment, you can complete the course successfully.

How can I benefit from the course?

By accomplishing our course you should gain advanced knowledge of trading psychology. We designed everything to help you better understand what is happening in your head while experiencing different situations in trading.

We have decided to keep it as simple as possible while providing you with the information we think you need. You will start with the basics and then move on to more complex topics. And when you are finished with the course, you will receive a document tailored specifically for you.