PODCAST: Trading Psychology 101

If your goal is to unleash your full trading potential, perhaps even into a full or part-time income, it’s absolutely vital that you learn to master your emotions. Trading coach Jerry Robinson examines why developing a positive and proper mindset is critical for achieving consistent trading success.

• Why do so many traders fail to consistently earn money in the markets?
• Your mind is so powerful that it can literally hinder your trading success
• Two of the greatest emotions that traders face
• What is a healthy view of trading losses?
• Develop a trading plan and stick to it
• Accept the fact that 100% of your trading capital can be lost
• The patient rules-based trader vs. the proud and boastful trader
• Two books I highly recommend for traders and investors
• Helpful words of wisdom and encouragement

Jerry closes out today’s show with a thought-provoking reminder about risk assessment from a highly successful entrepreneur.