Page 1 - Psychology Course Study Manual
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OPTIMUM PSYCHOLOGY
HOME-STUDY COURSE “STUDY MANUAL”
- TRADING PSYCHOLOGY & “THE TRADER’S MINDSET” -
By Bennett A. McDowell, President & CEO, TradersCoach.com®
Developing “The Trader’s Mindset” is a must for trading success and this can take some time. It
is not an area where you can take a short cut. We will help guide you towards developing “The
Trader’s Mindset” and will help you manage the emotions associated with account draw-
downs, losses and profits (Yes, profits and winning can actually cause stress!).
You can see how powerful psychology in trading is, if you show the same successful trading
approach to one hundred different traders. No two of them will trade it exactly the same way.
Why? Because each trader has a unique belief system and those beliefs will determine their
trading style. Even with a profitable and proven trading approach, many traders will fail. If