Bulls To Bears: Trading Psyche And Mindset

Traders have been dealing with a bag of mixed signals lately. One second the market’s on fire - the next second it's cold as ice. It comes on strong - then the drop. The one thing that stays the same, is that traders are always on the hunt for big profits. They get exhilarated when their stocks make money and lose enthusiasm for trading when they lose money. This is a very bad trading mindset. Traders will have the success they seek more often when they act like they are in the market for long-term. When a trader gains a better understanding of why those trades are down, and losing short-term value - they will begin to trade more effectively.

 

Your state of mind and they way you think about the markets, plays an absolutely critical role in your ability to make better trades and succeed at trading the markets. We are talking about discipline, a general sense of self-control. Typically, traders with good levels of self-control in other areas in their life, make better overall investors. So, if you are someone who is very irrational or disorganized, or otherwise lack other forms of self-control, you will need to fix your mindset and overall trading psyche if you want to succeed and make money trading stocks. It is extremely tough to be a highly controlled person trading stocks if you're not controlled in other areas of your life as well.

 

If you're not a person of high self-control then you have to re-train your brain to be a person who thinks counter intuitively. What that means is, you have to think different from the multitude of stock traders who fail, the “flock” of sheep, so to speak. When the market looks like it wants to breakout, making higher highs, it’s likely to be a false breakout, and a majority of novice traders get sucked right into that false breakout, only to get slammed by  the downturn when it materializes. This is another one of many examples where a market looks great and even ‘feels’ great like it’s going to continue to surge higher, and just when almost everyone is onboard and "drinking the kool aid" the market tanks and reverses and moves sharply to the down side.

 

We are not suggesting that you can always avoid losses with this theory, not at all. What we are suggesting, is that experience tells us when you are patient, and maintaining good trading habits, not acting with haste, you have better trading successes. We feel that trading should be viewed and treated like your own business. Your trading methodology should also be your business strategy when trading the markets. You should include things like, better trade setups, and risk management plans, stop loss protection, profit target executions, trading convictions, etc.. Any successful business has a strategy and a plan of execution in place. You should do the same with your trading business. If you don’t have an investment strategy and plan then you’re really just throwing "darts at the wall." That is not intelligent investing.

 

Whatever your current trading plan is? It needs to be reinforced on a regular basis, so it becomes part of your winning trading mindset. The Bulls To Bears trading strategy the one we teach in our program is essentially a “K-I-S-S” approach. Keep it simple silly! This is all built into the BullToBears.com trading plan and we teach it daily and try to reinforce it into our subscribers trading psyche.

 

To be a better than average trader you must truly believe in your own ability, as well as your trading strategy. As I mentioned before, in other blogs, there's no room for hesitation when placing trades if you want to succeed long-term in the market. But, don't ever get overly confident, as too much confidence in any trader could end up being a very humbling experience.

 

Very successful traders think differently from most traders. They act differently too. They are more planned and structured than most people. Winning traders are not easily distracted from their trading strategy, from the long-term reward, regardless if the market is up 2000 or down 2000 points in a day. We teach our subscribers to have long-term and short-term goals and after a while they learn to tune out all the noise. They continue and build up short-term goals, and this eventually leads to the long-term  success. They are focused on continuing on, moving forward and learning the game. They are rewarded when staying focused and executing their trading plan with discipline and precision.

 

The power you can acquire as a savvy trader with a structured daily trading routine cannot be exaggerated adequacy. Repetition is how you form better habits, these habits will either make you or break you and determine your trading life span. That depending on what your knowledge and experiences are... What does your stock trading routine consist of currently? Do you even have one? If you aren’t sure, then you don’t. You should be able to explain in- depth what your daily trading routine is and you should have a specified understanding for analyzing the markets each day.

 

So, the remaining questions are... Are you ready? Are you really ready to become a better, a stronger and more effective and successful version of yourself? This only YOU can decide! If your answer is yes, then you better get ready to make some meaningful changes because nothing different is going to happen without change.

At BullsToBears.com, you get Personalized Trading Strategies to help you reach your financial goals online & over the phone. We will help you Plan Your Goals and Help you Invest In Yourself. Start today! Get Quality Stocks signals and More with Our Free Trial offer. Help us to help you.

 

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Till Next time... As always, Happy Trading!!!