14. Fear of a Sudden Turn of Events
Module 12. Innerworth - Mind over markets You have several positions open and things have been going well for the past few months. Suddenly, there...
13. Making Sense of it All
Module 12. Innerworth - Mind over markets Social psychologists are often fond of saying that people are “lay scientists.” Like formal scientists, they try to...
12. False Consensus Effects
Module 12. Innerworth - Mind over markets Suppose you decided to go long on Sears. How many other investors would agree with your decision? When...
11. The Unconscious Drive to Fail
Module 12. Innerworth - Mind over markets Ask traders about their reasons for trading, and most will tell you, “I want to make huge profits.”...
10. Regret: A Powerful Emotion You Must Face
Module 12. Innerworth - Mind over markets When trading the markets, one often faces actual harm: If you bet a lot of capital on a...
9. It’s Easier to Face Fear than Avoid It
Jack fantasizes about becoming a profitable trader. He dreams of big wins and of amassing a great deal of wealth. In the back of his...
8. A Trading Fable
Did your parents read you fables as a child? Fables are often fanciful and improbable tales that have a lesson to teach. Here’s a thought-provoking...
7. Detailed Action Plans: A Precursor For Trading Success
In our everyday lives, we are used to doing things reflexively, on the spur of the moment. For example, we don’t consciously think about making...
6. Focus on the Action, Not the Prize
It’s easy to falter while trading. Suddenly, you get distracted, panic, and make a trading error. When trading with an optimal mindset, in contrast, the...
5. Action Oriented and Winning
rading isn’t easy. Indeed, the odds are against you. But if you succumb to hopelessness, you’ll never become a winning trader. You have two choices:...