Can you recommend a course on trading psychology?

[murray t turtle]

I find the work of Van Tharp very good.

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VERY GOOD/excellent.........
HE makes some real practical points\ like the sniper that won the 1,000 round shooting match/ rehearsed all 1,000 rounds. Maybe that's one reason i never was #1/LOL
[2] number 2 shooter did some prep but not all 1,000 rounds.
Ted Williams said ''when he got in the zone, he could see the seams on the baseball/fastball'';
hit 3 or 4 out of 10\average .344'' May want to find something better than the zone; unless you are Ted Williams + Sears pays you big bucks to put your name on its shotguns + rifles.

 

[nursebee]

yeah take a few thousands stops, get pissed off, then figure out what tf to start doing differently

then bang your head on the wall and apologize to the wife

then try and do something differently, like fade yourself lol

coaches can be helpful, to get you to question Why are you doing dumbass things

light at the end of the tunnel = better Rules, and follow em, like ddog sez

If i were to channel a motivational speaker, id say you can change your account in an instant, snap fingers, from big to small lol

its tough af, all that matters is risk mgmt / small stops. and great rules. and the discipline to follow 'em

Which stage are you at with your imaginary TSLA short?

 

[nursebee]

Hi Traders,

Can you recommend a course on trading psychology? What's worth buying? What specific solutions were you looking for?

Regards
Jerry

What specific solutions are you looking for?
Do you do any kind of journal? Do you review end of year?

 

[zghorner]

this is a very phycology based book and a quick easy read. None of these recommendations mean shit though if you continue to hold onto losers when wrong. Ive read all of them and still suck ass.

 

[murray t turtle]

yeah take a few thousands stops, get pissed off, then figure out what tf to start doing differently
then bang your head on the wall and apologize to the wife

then try and do something differently, like fade yourself lol

its tough af, all that matters is risk mgmt / small stops. and great rules. and the discipline to follow 'em

%%
That will work well+ may work better for you, than me/ saying i'm sorry to your wife.
Small stops for short term inverse ETFs, works even better with no comissions.
BUT swing/position trading a wild one like TQQQ,UPRO or spxl, i dont use tight stops @ all; but i have all price data/charts for them+ cashed out spxl profits today.
May buy SPXL or sso again monday; say its above 200 dma........[ I told some one this week i was sorry i spelled her name wrong=worked well]

 

[JerryTheTrader]

I read Mark Douglas' books years ago but it had little impact on my trading at the time because I had no edge. They are good enough, but really, you just need an edge, rules and the ability to follow those rules.

Exactly!
This is what I am asking for.
Do You have knowledge form any course or book HOW to stick to rules?
Sticking to rules is a habit. Does Mark Douglas teaching how to create this habit? No, he's not.
This is where tarding psycholog begins for me. Not rules, but HOW to use rules.
People have problem with sticking to rules because of lack discipline.
So question is how did You learned discipline to stick to your trading plans, checklists, diary etc?

 

[JerryTheTrader]

What specific solutions are you looking for?

None.
I just wanna know what You did and what You have learned and from where?
I would like You be specific what exactly You have learned from trading psychology to achieve more consistent profits from market.

 

[fan27]

Exactly!
This is what I am asking for.
Do You have knowledge form any course or book HOW to stick to rules?
Sticking to rules is a habit. Does Mark Douglas teaching how to create this habit? No, he's not.
This is where tarding psycholog begins for me. Not rules, but HOW to use rules.
People have problem with sticking to rules because of lack discipline.
So question is how did You learned discipline to stick to your trading plans, checklists, diary etc?

You do not need a book or course. Create rules and follow them. You absolutely will have zero success in trading if you cannot follow your rules. Create easy to follow rules and you should be fine. If not, trading probably isn't for you.

 

[Steve Alexander]

Hi Traders,

Can you recommend a course on trading psychology? What's worth buying? What specific solutions were you looking for?

Regards
Jerry

I recommend Andrea Wylan. She has been coaching traders on trading psychology for several years. She's good. I think she is a subscriber here. Google her.

 

[Leob]

Exactly!
This is what I am asking for.
Do You have knowledge form any course or book HOW to stick to rules?
Sticking to rules is a habit. Does Mark Douglas teaching how to create this habit? No, he's not.
This is where tarding psycholog begins for me. Not rules, but HOW to use rules.
People have problem with sticking to rules because of lack discipline.
So question is how did You learned discipline to stick to your trading plans, checklists, diary etc?

You can't learn to be discipline. You become discipline when you believe in your system, in your rules.
If you believe you had a good system ( generate high quality signals every 5 to 15 minutes during day ), believe me.. you just wait to trade.
Do people have emotions during driving? No, they believe they have the skill to drive for A to B.