64
Frank G. Stanley, Ph.D. Licensed Clinical Psychologist Professional Trader and DTI National Mentor www.MyNeurofeedback.net

Trading Psychology PDF

  • Upload
    foky-sk

  • View
    174

  • Download
    12

Embed Size (px)

Citation preview

Page 1: Trading Psychology PDF

Frank G. Stanley, Ph.D.

Licensed Clinical Psychologist

Professional Trader and DTI National Mentor

www.MyNeurofeedback.net

Page 2: Trading Psychology PDF

Frank G. Stanley, Ph.D.

Licensed Clinical Psychologist

BCIA Certified in Neurofeedback

Specializing in Human Performance for Traders

Page 3: Trading Psychology PDF

Licensed Clinical Psychologist for 24 years.

Mentor, Counselor, and Educator for 26 years.

First Broker Assisted On-Line Trade in 1991.

On Line Trader Since the mid-1990s.

Experience with Multiple Execution Platforms and Brokers.

Student of the Markets for 16 plus years.

Mentored in Stocks, Options, and Futures and Psychology of

Trading.

Special Interest in Enhanced Performance of Traders Through

Advanced Technology.

Frank Stanley, Ph.D.

Page 4: Trading Psychology PDF
Page 5: Trading Psychology PDF

Who Are You?

Page 6: Trading Psychology PDF

Who Are You?

You are the product of your genetics and

environment.

Page 7: Trading Psychology PDF

YOU ARE A

PROFESSIONAL TRADER

Page 8: Trading Psychology PDF

BECOMING A GOOD PROFESSIONAL TRADER INVOLVES MORE THAN

LEARNING ABOUT NUMBERS AND

TECHNICAL INDICATORS

Page 9: Trading Psychology PDF

Education

Experience

Repetition

Supervision

Mentoring

Community

Page 10: Trading Psychology PDF

TIME IS?

Page 11: Trading Psychology PDF

TIME IS MORE VALUABLE THAN MONEY!

Page 12: Trading Psychology PDF

ARE YOU READY TO IMPROVE

YOUR LIFE AND YOUR TRADING?

Page 13: Trading Psychology PDF

THEN YOU WILL NEED TO CHANGE YOUR THINKING

Page 14: Trading Psychology PDF
Page 15: Trading Psychology PDF

EmbarrassmentFearGuiltHurt

Page 16: Trading Psychology PDF

Fear

&

Greed

Page 17: Trading Psychology PDF

FEAR IS NOT YOUR ENEMY

Page 18: Trading Psychology PDF

BECOME AWARE OF THE GIFT OF FEAR

Page 19: Trading Psychology PDF

Fear of Failure

Fear of Change

Fear of Success

Page 20: Trading Psychology PDF

Setting Unrealistic Expectations

Concern Might Lose Something (Like Self-Respect)

Page 21: Trading Psychology PDF

Facing the Unknown and Accepting the Outcome

Feeling That Nothing is Broken, So Why Fix It.

Page 22: Trading Psychology PDF

Feeling An Impostor

Concern About Demonstrating Continued

Success

Page 23: Trading Psychology PDF

Heightens Awareness

Prepares for Action

Superior Ability

Page 24: Trading Psychology PDF

Take Smaller Steps to Attain Your Goal

Talk With Someone To Identify Roadblocks

Identify the Worst Case Scenario

Page 25: Trading Psychology PDF

HINDSIGHT IS 20/20

Page 26: Trading Psychology PDF

THE GOLDEN GUN

Page 27: Trading Psychology PDF

PEOPLE TEND TO FORGET THEIR INITIAL GOAL.

Page 28: Trading Psychology PDF

IDENTIFY YOUR GOAL AND STICK

WITH IT

Page 29: Trading Psychology PDF

GREED IS YOUR ENEMY

Page 30: Trading Psychology PDF

Fear of Loss

Zero Sum Thinking

Page 31: Trading Psychology PDF
Page 32: Trading Psychology PDF

If answered or said to yourself thatyou are, then that could be bad foryour life and bad for your trading.

Page 33: Trading Psychology PDF

Not only are you not Ok

BUT

No one is truly OK.

Page 34: Trading Psychology PDF

Most of people’s lives are spenttrying to make themselves feel or beOK.

Until you truly can accept that youare not OK and never will be OK,you are NOT OK.

Page 35: Trading Psychology PDF

People prophesize failure, then they manifest it in some form.

Page 36: Trading Psychology PDF

Doing the same thing over and over again and expecting different

results.

Albert Einstein

Page 37: Trading Psychology PDF

Tendency in the unconscious that impels the individual to repeat certain actions, in particular, the most painful or destructive ones.

The tendency to repeat earlier experiences or actions in an unconscious effort to achieve belated mastery over them.

Sigmund Freud

Page 38: Trading Psychology PDF

Increasing self-awareness.

Honesty.

Stop expecting the worst due to the past.

Distraction and positive activities.

Supportive people and communities.

ENGAGE IN THE OPPOSITE BEHAVIOR

Page 39: Trading Psychology PDF

PARALLEL PROCESSES

Different areas of your life are psychologically related to each

other.

Page 40: Trading Psychology PDF

PARALLEL PROCESSES

What you are doing in other parts of your life will influence

or impact your trading.

Page 41: Trading Psychology PDF

PARALLEL PROCESSES

What difficulties are you facing?

What things do you not like about trading? Arethese things also related to other situations?

What can you do to change this?

Page 42: Trading Psychology PDF

PLANS WORK

EXPECTATIONS SABBOTAGE

Page 43: Trading Psychology PDF
Page 44: Trading Psychology PDF

How confident do you feel?

How competent do you feel?

How much confidence due you have in your competence?

Page 45: Trading Psychology PDF

Learn to know what incompetence looks like.

Shift locus of control from the market or otherenvironmental factors to the trader (yourself).

What is the problem for you? Solutions will fallout.

Page 46: Trading Psychology PDF

TAKE

ACTION

NOW!

Page 47: Trading Psychology PDF

Increase awareness of what is going on.

Page 48: Trading Psychology PDF

Embrace fear as your ally and servant.

Page 49: Trading Psychology PDF

Think Abundantly.

Page 50: Trading Psychology PDF

ENGAGE IN THE BEHAVIOR OPPOSITE

FROM YOUR REPETITIVE BEHAVIOR

Page 51: Trading Psychology PDF

Focus on outcomes for trading staying aware of everything you are doing

psychologically that affects trading.

Page 52: Trading Psychology PDF

Stay Performance Based

Page 53: Trading Psychology PDF

Identify one thing that you want tolearn or improve as a trader.

Page 54: Trading Psychology PDF

Identify one area you have hadconfidence in your competence andsee if you can transfer this to yourpresent skills.

Page 55: Trading Psychology PDF

Create an action plan with specific behaviors, in writing, and with dates for

change.

Page 56: Trading Psychology PDF

Peak Brain

Performance

Page 57: Trading Psychology PDF

GENERATING THERIGHT BRAINWAVES

Theta 4-7.5 Hz Drowsy

Alpha 8-12 Hz Alert/Relaxed

Beta 13-35 Hz Engaged

Page 58: Trading Psychology PDF
Page 59: Trading Psychology PDF

Advanced Technology for

Human Performance

• Alpha-Stim SCS or 100

• Transcranial Stimulation

• Enhanced Meditation and Relaxation

Page 60: Trading Psychology PDF

Neurofeedback Program for

Trading Performance

• Quantitative Brain Map (QEEG)

• Portable Training Unit

• Six Months of Neurofeedback Monitoring

• Monthly Group Meetings

• Special Introductory Offer $3900

• Call 904-448-0079 or 904-448-2079

• Email: [email protected]

Page 61: Trading Psychology PDF

Frank G. Stanley, Ph.D.

Licensed Clinical Psychologist

Professional Trader and DTI National Mentor

Page 62: Trading Psychology PDF

DTI Options CourseTaught by Dr. Frank Stanley, PhD

•2 Day Course Covering the Following:

• Introduction to Options

• Long and Short Strategies

• Psychology of Trading Options & Why Most Ppl Lose

• Advanced Options Strategies and When to Use Them

• Managing Risk of Short Options and Credit Spreads

• Trading Options Intra Day and on a Swing Basis

•Includes 30 Days of the Options Newsletter and Weekly Education Sessions

Only $1250 (Includes FREE Retake)

Call 800-745-7444

Page 63: Trading Psychology PDF

OptionsTrader NewsletterSpecific Weekly Trade Recommendations

$149/month

$399/quarter

$1399/year

•Subscription Includes:• Weekly Newsletters w/ Option Trades

• Weekly Educational Sessions w/ Dr. Frank Stanley

(Wednesdays @ 5:00pm CT – also recorded)

• Yahoo IM Trade Alerts/Updates

• LIVE Access to Dr. Frank’s Option Day Trades

Call 800-745-7444

Page 64: Trading Psychology PDF

DTI Options CourseLeveraging your Education with the Flexibility of Options

http://www.dtitrader.com/store Click Special Courses

Introductory Online Session: (This is recorded)

Date: July (online)8:00 am ct – 5:00 pm ct (July 21st)8:00 am ct – 3:00 pm ct (July 22nd)

Only $1199 (Includes FREE Retake)

Call 800-745-7444