Trading and psychology: 5 ways to print money with our head !!

Take two traders and give them the same trading method and the same formation. Will they both get the same performances?
Probably not.

Trading and psychology: 5 ways to print money with our head !!
Trading and psychology: 5 ways to print money with our head !!

The great absent in this equation is  mental well-being.
Your mind plays a huge role in determining your earnings .

 A calm, relaxed and aware trader of what he is on will always beat an emotional one, eager for easy winnings and inclined to let himself be influenced by the wind of rumours.

Here is how to train our mind to wealth. And which attitudes should be avoided like the plague if you really want to make money with trading.


1) Want to enrich yourself quickly .

It is original sin, which leads many to believe that trading is comparable to a bet, something like gambling, where if you like you are covered in gold coins.

The reality is that trading is a way to develop  constant returns and even huge profits , but where you focus on strategy and on the long run, not on the stroke of luck.

A tip:  see trading a little less like gambling, and a bit more like a profession , which you will have to learn to master. The best traders have spent years perfecting their method. They do not aim for risky actions, but to create profits that are constant over time.

2) Indecision.

Are you an undecided trader? It's not necessarily a bad thing, but it can put a  big limit on your success .

Having a step-by-step method  is important  so as not to lose yourself in every decision. The method tells us exactly when to trade, when not to invest, where to enter and where to go out, as well as how much to risk exactly, based on our endurance of risk.

 It is as if the restaurant already had a list of your favourite dishes beforehand, without having to read and consult the waiter each time.

If, in spite of everything, you can't get into the market because it's blocked by fear and anxiety, use the 5-second rule. Quite simply, count down (5, 4, 3, 2, 1 ...) and then act. This simple action helps pause the prefrontal cortex, which blocks your actions while trying to predict future risks.

3) Follow a trade.

A common and disastrous mistake. You went at a loss, you're frustrated and nervous. What are you doing? Abandon the strategy to quickly make up for lost money.

Here, don't do it. That is your ego, which attaches itself morbidly to the result. Put a stone on it.
Go ahead and remember that losing, sometimes, is part of the job. Trading is also a matter of probability. If we have a well thought-out system, every loss will bring us closer to the next gain. It is a real investment : the cost to pay for taking an opportunity.


 not looking at the result of a single trade creates an annual income objective that is easy to reach and committed to achieving it. You will reduce stress and mistakes, starting to work for the long term.

4) The desire for confirmation.

It is the trap we fall into whenever we give more importance to information that confirms our point of view, rather than to those that challenge or contradict it.

You have read or listened to a good analysis that convinced you to buy. You are so excited about your choice that you ignore the contrary signals that the market is sending you. And you end up losing money.

Be ready to challenge your beliefs.
Meditation helps us solve this problem. It makes us more coherent, awake, intuitive and able to read the present. Not by chance the world's biggest trader, Ray Dalio, has been meditating since 1968.

5) The sheep that follows the pack.

You have a strategy, you've done your homework, conducted your technical analysis and ... everything takes you to a trade that goes against mass opinion. What are you doing? Indecision and insecurity push you to change a strategy that you know works, to act like the others.
Do not do it.

For 3 months turn off forums, chats, Facebook groups, newspapers and blogs on trading and committed to using your strategy. Give yourself a prize every time you have spent a day without poking around to find out what others were talking about.

Establish a punishment for every time you search. Keep a trading journal where you can post transactions and make assessments about your behaviour.


Healthy mind in a healthy body, and vice versa. Trading can be addictive, we know that well. The risk is to remain glued to the screen of the computer, smartphone or tablet, spasmodically controlling the market and saturating ourselves with stress.

It may seem counterintuitive, but we must do it as little as possible. Breaking away from the charts for a few hours won't ruin us. The opposite is often true.

If you create an appropriate risk management strategy, with adequate  stop losses  and  take profits , you will be able to enjoy your free time, exercise, meditate and take care of the instrument capable of securing the highest profits. Your mind.

The desire to enrich ourselves, combined with the fear of losing money, create in us a series of mechanisms that are harmful to ourselves and to our performance. Even a technically trained trader can get ruined  due to stress and lack of awareness about their state of mind.

It is no coincidence that Ray Dalio works (and meditates) not from Wall Street but from a beautiful office  in a Connecticut forest, where he established the headquarters of Bridgewater Associates, his investment fund, the largest in the world, with $ 150 billion under management. What in 2011 in full financial crisis, when competitors lost 4% per annum, goes + 23%.

This is the best way to get rich by trading, be wary of imitations.

At the next wave.

thanks for the time .

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