Page 39 - Psychology Course Study Manual

problems, not feeling physically well, feeling tired, burned out, and a host of other issues

outside the trading arena.

When you feel any negative emotions, try and notice the feelings and connect with

them. Don’t run from them or hide from them or deny them. That just creates bigger

emotional problems in the future. Once you feel your negative emotions, try and sense where

they are coming from. Is it a past or current trading event that caused them or a personal

issue? It is also important to note that personal problems have a way of sabotaging our
trading.

Once you feel you have isolated the cause of your frustration or anger, get close to it and really

feel it, grasp it, and see where it is coming from. Doing this usually will calm you and take the
power away from the emotion. Try and keep your trading to a minimum until your negative

emotions no longer have any power left in them.

If after trying this, you cannot seem to find the cause, you may need to reach out for help. We
at TradersCoach.com can be of help to you in this area through our private consultations

designed to uncover negative psychological issues sabotaging your trading. If you have some

deep personal issues, you may want to go to a licensed psychologist to resolve them.

I like to tell this story to illustrate just how emotions can creep into your trading and sabotage it

without you even knowing it. I had a client who came to me for help. He was smart, had a very

good trading approach, had enough risk capital to trade, and could not seem to get profitable.

He was becoming angry, frustrated and depressed because he could not figure out why he was

not trading well. He would get out of winning trades on emotion way too soon. He would

always rationalize his reasons for getting out too soon or staying in losing trades too long past
their stop loss exits.

After weeks of working with him, we discovered that his beliefs about trading were not positive

but negative. Furthermore, we discovered that his beliefs were based on what his parents,
specifically that of his father had programmed into him at an early age. His parents believed