Download 200 Short Trading Psychology Truths by Yvan Byeajee PDF
By Yvan Byeajee
Reaching luck within the markets is not just in regards to the monetary rewards; it's approximately ultimately being at peace with who you're. luck is a mind set, effortless to consider, tricky to accomplish for the mere cause that it calls for that we commence considering and behaving in a different way. the purpose of this brief “book” is to steer you at the route to reaching that good fortune. The truths I proportion with you're meant to encourage, encourage, and lead you in the direction of a happy and fulfilled mind set.
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Additional resources for 200 Short Trading Psychology Truths
Nobody's a natural at trading because all of this stuff is counter-intuitive to our nature. You have to work hard to get good at it. 145. Once you choose to accept yourself as a trader, then, and only then, can you work on being the best version of yourself that you can ever be! 146. The function of risk management is not only to preserve your capital; it's also to protect your emotional well-being. 147. Be thankful if trading is a little harder than you'd like. A chunk of coal cannot become a diamond without heat and pressure.
Both of these are ironically a qualitative subjective task and therefore rely heavily on self-awareness. It follows then that anything that increases one's self-awareness can also make one a better trader. " -- Denise Shull, Neuroeconomist, Author, Founder and President of The Rethink Group -- "I have to admit this book blew me away for the remarkable manner in which it so completely, succinctly, and efficiently covers the topic of trading psychology. Yvan Byeajee takes a complex subject and distills it down to its essence in a way that makes its highly accessible to his readers, and then for good measure he lays out a concrete and practical action-plan that readers can follow to address and correct their own psychological deficiencies.
Be decisive in your trading. A wrong decision is generally less painful than indecision. 189. Durable success in the markets isn't given. It’s earned! 190. Trading opportunities are like taxis, there's always another one coming. Don’t get attached to any single trades. 191. In the markets, we will act consistently with our view of who we truly are, whether that view is accurate or not. 192. " 193. There are two types of traders: Those who truly desire success and those who are trying to avoid failure.