During periods of stress, you will probably overlook details and second-guess your analysis.
When you experience a loss and are under pressure, you may persecute yourself mercilessly and even propel yourself into a mini-depression.
This is especially true if you’ve had a trauma in your past of some sort.
In this episode of Talking Trading, Louise Bedford shares the specific methods you can use to recover when you’re struggling with the grind of trading, or dealing with the shocks the market sometimes serves up on a platter.
Often in life, we are either spiralling up or we are spiralling down in attitude. If you keep making poor trading decisions while in a vulnerable situation, you will only add to your own negative mindset.
There will always be opportunities in the market.
So, if you can learn to step aside when your mindset isn’t right, and to bounce back after you’ve hit a patch where it all seems too hard… your equity curve will move into positive territory again.
Louise will take you through specific methods to deal with the STUFF of life.
About Louise Bedford
Louise Bedford is a highly accomplished and experienced trader, educator, and author, with over 30 years of experience in the financial markets. She is the co-founder of The Trading Game, and is known for her unique approach to teaching trading psychology and market analysis.
Louise has authored several successful trading books, including Trading Secrets, Charting Secrets, and The Secret of Candlestick Charting. She is also a regular contributor to Ausbiz, the Your Trading Edge magazine, and is the host of the Master Your Trading Mind Hub at IG Markets Australia.
To get in touch with Louise
Research Links Mentioned in the Episode
Beyond the Investor’s Quotient by Jacob Bernstein
For more content that is similar to this refer to: https://www.ig.com/au/master-your-trading-mind