Page 25 - Psychology Course Study Manual

losing everything based on other trader's experiences, etc. Basically the best way to eliminate

this type of fear is to make trading fun again and not filled with worry and anxiety. This is

where trading with risk control using the proper trade size should allow you to trade without

worry. Say to yourself, if I am stopped out, I am within my risk tolerance, so why should I
worry?

Also, don't focus on individual trade results. Instead, focus on how you did over a period of 35
trades and how these results compare to the testing that you have previously done. If your

state of mind hinges on the outcome of a single trade then you will be nervous wreak while

trading and fear manifests more fear and then you will be trading from a fearful mindset and

you will never win because you will be emotionally trading. If you feel that ever happening to

you, stop trading and take some time off to re-charge yourself and only trade again when you
mindset is one of abundance and trading is fun.

You need to make trading fun, so remove enough risk until it is. Try not to focus on the money,
instead try to focus on what the market is saying and stay in the here and now. Every time you

think about anything other then what is happening right now, you are fantasying and are not

living in the present moment. Successful trading REQUIRES you to live in the present moment!

Make trading fun by removing the complexity of it and simplifying you're trading and your self.
When you trade you want to be relaxed and just flow with the markets like a leaf flows with a

stream of water. Go where the markets want you to go, and when the water gets too rough,

get out and go to another stream.

The "ART" OF DAY TRADING

In this article, we will discuss “Day Trading.” Exactly what is it, how to do it, and why it is so
tough.