Page 27 - Psychology Course Study Manual
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a team player who relies on the whole team to win. Individual athletes have developed a tough
mindset that performs well under pressure, just like the "Trader's Mindset" that we teach in
our home study course APPLIED REALITY TRADING or "ART" for short.
Good “Day Traders” do not look for "holy grail" trading system! Instead they focus on their
EDGE just like an athlete focuses on their EDGE in sports. A tennis player with an excellent back
hand relies on that back hand to win. A trader with an excellent trade set up relies on that set
up to win. Once you have your "secret" edge, the hard work of staying out of the market until
the proper time and controlling your emotions while trading is key. You also must be
disciplined in NOT being sucked into a trade based on the markets seductive
environment. Only trade when your EDGE says too!
Like an athlete, a trader will have both good days and bad days. On the bad days, it is usually
because you head is really not in the game of trading or you are tired, or have other stuff on
your mind. Just like when you have a bad game of tennis or golf, it usually is because you head
was just not in the game that day. IT IS NOT because you need some additional skill or a new
trading system! This of course is assuming your trading is generally consistently profitable and
you just had a bad day. The best thing to do if you do not feel like trading is DON'T TRADE that
day or week. Instead take time off, and when you’re ready get back in the game. You will feel
refreshed and ready to win!
One of the great things about our home study course APPLIED REALITY TRADING, is that your
personality and beliefs determine which trading signals and stops to use. This helps you to
develop your own PERSONAL EDGE and you are not just learning to system trade. At our
Tutorial for those students of "ART" we actually show you how to integrate your personality
into your trading and we also actually show you how we use "ART" to give us our edge and how
you can mix and match trading signals that can give you your trading edge, which in most cases
will be different from ours.
That is your goal in trading, find your edge, and align that edge with your personality for a
winning game!