Trading Psychology in Stock Markets

Why is trading psychology important in stock market?

Trading Psychology is not a difficult process to begin, but it is quite complicated to master. There are many elements that you need to take into account before you start trading. There are also many psychological mistakes that you can make and lose everything if you don't know about them.

Trading psychology is an integral part of the trading process and can influence the profitability of your trades. Knowing about your own psychology and being aware of the potential pitfalls that may arise in your trading can help you avoid these mistakes and improve the quality of your trades over time.

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Even if you have all of the knowledge available, there are still other psychological factors at play such as: stress, emotion, confidence levels, fear or greed which can hinder or improve how well someone trades stocks in a given market environment.

Trading psychology is a key aspect in being a successful trader. Allowing stress, fear and greed to take over can lead to bad decisions and losses.

In order to be successful in trading it is important that the trader knows how his or her psychology can effect their trades. In this article, we will explore five psychological concepts that traders need to understand before they start trading on their own.

1) Emotional Control: It is important for traders not only to control their emotions but also to be aware of them as well.

2) Rationality: Rationality needs to be the driving force behind a decision while a trader is trading on the stock market because if emotions take over the gains of rationality are lost and it may lead to mistakes.

3) Market Timing: A trader needs to understand the real-time market condition and make decisions based on data not by instincts

Van Tharp and Brett Steenbarger are the 2 legends of the trading psychology world. Even the best trading systems in the world without a proper psychology will not be successful. Learn the clear rules and the way both these legends taught the top traders of the world for a consistent year on year performance

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Dr. Van K. Tharp


Brett Steenbarger


Alexander Elder

We also cover in depth Trading Psychology in our MasterCourse

It is purely based on best books, best practices, and proven strategies.

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Here is the complete list of the topics covered

Half Day Trading Psychology Training Program


801    Van Tharp Psychology Model
802    The Brett Steenbarger Psychology Theory


903    Alexander Elder Position Sizing Model.
904    Equity Millipede Theory

You are one step away from being an expert mathematical trader