Risk Managing

Question 1

What the mind of a man can conceive and believe,

Answer 1

It can achieve! - Napoleon Hill

Question 2

I am..

Answer 2

A successful, profitable, consistent, disciplined professional trader

Question 3

I am constantly..

Answer 3

Following my trading plan

Question 4

I have a forex..

Answer 4

Trading journal and I use it every day

Question 5

I practice..

Answer 5

Proper risk management

Question 6

I trade according to what the market..

Answer 6

Is doing, not what I think it “should” be doing

Question 7

I will only take trades that give me..

Answer 7

A reward which clearly outweighs my risk

Question 8

I will find other things to do…

Answer 8

…besides watching my trades after they are live

Question 9

I am not..

Answer 9

Emotionally affected by my profits or losses

Question 10

I try to trade with..

Answer 10

The dominant daily trend as much as possible

Question 11

Instead of..

Answer 11

Forcing trades or over-trading, I will be patient and let opportunities present themselves to me

Question 12

I am a professional trader and thus..

Answer 12

I will not engage in gambling my money in the markets

Question 13

I will not interfere with..

Answer 13

My trades without just cause

Question 14

News and fundamentals will

Answer 14

Not influence my trading decisions

Question 15

I am happy to..

Answer 15

Take a profit and I will not be greedy

Question 16

I invest in my..

Answer 16

Trading education and in myself

Question 17

I believe in my..

Answer 17

Trading strategy completely and wholeheartedly

Question 18

I used to fear taking a loss or multiple losses and now..

Answer 18

I’m learning how to turn my fear into fuel and I’m taking one action step of becoming more aware of my feelings and thoughts without allowing myself to get taken over by them

Question 19

I use the 4R method to..

Answer 19

1. Recognize the pattern of fear
2. Reframe using “I used to be but now I am”
3. Release using 6 breath method
4. Retrain by playing flip flop(mental contrast) of observation and awareness of the fear and then overcoming it in the mind using visualization and positive self talk