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TAB 29 > Trading Psycology > Flashcards

Trading Psycology Flashcards

Develop a Trading Mentality

1
Q

Why i must get a better SIG

A

To get Better trades, perfect profitable set ups.

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2
Q

Where do my trading success comes from ?

A

Selectivity and discipline

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3
Q

What is the objective of precise trading

A

To get the precise moment of a wave move with high accuracy

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4
Q

Who can Trade with Precision ?

A

He who have Mastered the MTFA. They can make trading with precision.

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5
Q

What is the Goal of our trading ?

A

Preserve and Protect Capital, and then Grow the Account.
We do not gamble, think, hope, dream or wish.
We do not follow other people’s trades.
We only trade when there is a trade to Take.

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6
Q

Why price is moving.

A

Price is the Action resulting of the Behavior of traders

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7
Q

Who am I?

A

Yo soy un ser, merecedor y abundante, de energia rebosante y amor infinito

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8
Q

What I must not make?

A

Don’t make assumptions
Don’t make false conclusions
Don’t make my own conclusions

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9
Q

How SIG Grow ?

A

Implementing and doing what have been study, noted and read in books. TAKE ACTION.
Growing SIG is an accumulative effort.

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10
Q

What I must do to become a better trader ?

A

I must practice a lot in order to learn how not to trade.

What is left is excellence.

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11
Q

What is required in the Learning Process?

A

It requires Volume of Trades

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12
Q

The bigger the Dream ?

A

The Smaller the Obstacles

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13
Q

Why OPM is important?

A

Learning from Other peoples’s mistakes help us to look for refinement and clarity in the Knowledge we have.

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14
Q

Safe vs BigPips ?

A

We can not Make big pips with 1min trades.

But we can surely make Big Gains.

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15
Q

What is the challenge of trading?

A

Applying everything in the heat of the moment

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16
Q

What is the purpose of a MM strategy?

A

To protect me from greed or desperation.

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17
Q

What are the expectations that I should avoid?

A

Not always i will catch the 100% of the move. It is just the way it works.
I am not loosing, most of traders just caught the 50-60% of the move
Deal with %s

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18
Q

How to overcome a -3 trade?

A

Doing the math.
Thinking logically.
Not letting emotions obscure my thinking.
Showing courage to follow my dream.

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19
Q

What are the benefits of the new Paradigm?

A 
Real - Time
3/10 Stops
Highest $/pip in Forex
Compliments psychological growth.
Quickest growth possible, lowest risk.
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20
Q

What is the harder part for a trader?

A

To got in the trade at the right time

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21
Q

How we should be with the trades?

A

We must be optimal and selective in trades with accurate parameters and with big enough R/R

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22
Q

What I must do to show up tomorrow?

A

I must t not Burn out today

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23
Q

Do I only need money to be a player?

A

No, I need a head to be a player

I have to know my strengths and weaknesses

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24
Q

How i must treat my demo Account?

A

Like it is real, learning how to be selective and protective with it.

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25
Q

Is a trade a measurement of my success?

A

No, never.

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26
Q

How can I evolve in trading?

A

By finding ways to do it better.

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27
Q

Where is more money in trading?

A

In the impulsive side of the movements.

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28
Q

Did pristine trades exists?

A 
Yes they DO.
I need patience to find them.
They exist and are real
They make pips
They keep my head game up
They compound
They let me enjoy my life with just 5 pips a day.
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29
Q

How we adjust and reprogram our RAS?

A

It came from Clarity of understanding of what is Wrong.

30
Q

It is good for a trader to go with intention and Gut feeling?

A

No for a beginner - intermediate trader.

Yes- For a trader with extensive KSP, they can process information subconsciously

31
Q

How to develop KSP faster?

A

With Focus and VOT, corrected and well processed which means learning for each one.

32
Q

What we must have to trade?

A

Clarity of what is going on in the charts.

If not, I must go and look to another TF or Pair

33
Q

How I must Trade the VOT?

A

With intention, consciousness and Accurateness because i am building a mental image that will create profitability.

34
Q

Why our values dictate our actions?

A

Because each value must be aligned with our goals, which will create momentum.
Massive action for repetition to build the mental models.

35
Q

What happens when fear show ?

A

The amigdala shot down the RAS.

All emotions affect the RAS

36
Q

How Wisdom i gained?

A

It is gained by Awareness in the learning Process.

37
Q

Can we get rid of EGO?

A

No, but we can learn to identify it and to Control it.

38
Q

How is the best way to learn?

A

By doing, eliminating what not to do.

39
Q

Do we chase anything?

A

No, do not chase anything, we allow it to happen.

40
Q

Is this the end?

A

No, They only have gave me the tools.

At this point it is nothing more than my dream, effort and persistence to make it happen.

41
Q

If it is meant to Be

A

Is up to Me

42
Q

As the CEOs of our 10M company, do we need to ask for help?

A

Definitely YES, we have to ask for it, seek for it, we have to act fast and efficiently. Do not let ego control our growth.

43
Q

Why is important to Master the Skills involved in trading?

A

Mastery will give us the RAS through deliverate practice, every single day. As a Result of having developed one of the most valuable Skills in the World, we will start to get payed more. High Value - High Skill

44
Q

How is the comfort Zone in trading?

A

Not practicing, no posting, no learning everyday.

Leaving the comfort zone is where magic happens.

45
Q

What a re the percentages related to Technical analysis and Self development ?

A

5% Technical, 95% Self development

46
Q

Why is important to take notes of the trades?

A

Because we can note what is happening and what could happen, recording it in our memory.

47
Q

Are we looking to be right or to Be Happy?

A

Always Happy with money in the bank.

48
Q

How success as a trader is form ?

A

It comes from building RAS through VOT of ONE particular type of trading.

49
Q

Are you willing to invest 12 months of your life?

A

Yes, I will take 12 months of my life to have freedom for the rest of my life

50
Q

Is not Trading Bad ?

A

No, not Trading = Not Losing Money

51
Q

What kind of mentality we should turn on ?

A

Logic, Math and Discipline.

52
Q

What kind of mentality we should turn off ?

A

Emotions and Ego

53
Q

What is the biggest test during trading?

A

Exits - My choices to follow properly the MM

54
Q

How a Strong RAS is build ?

A

Through focus, selectivity and satisfactory work in only ONE type of trading.
Find a particular thing, then trade it, master it and conquer the world with it.

55
Q

Does this journey have an end?

A

Nope, this is a constant evolution and a progressive realization of a worthy ideal.
A never ending Journey.

56
Q

How we build a trading focused RAS/SIG?

A

RAS/SIG are a result of the positive influence in my trading.
Using affirmations, afformations and positive feedback from my mentors.
Better SIG/RAS = Better Trades = Better Trader

57
Q

Does SIG/RAS grow by learning more about the topic?

A

Nope, It comes from learning properly and implementing.

Taking Massive action, is the answer.

58
Q

Why we must demo a lot (VOT)

A

To practice a lot in order to learn how NOT to trade

What is left is excellence.

59
Q

What is required during the Trading learning process ?

A

It requires a Humongous Volume of trades, failing your way to success.

60
Q

Do I need to be overselective?

A

No, not yet. Practice the hell out of it.
Be open minded but look for perfection.
BE selective when you have to go Live.

61
Q

How is the VideoGame of Trading?

A

Is consist in using the Tools we have to Find out what is working in that moment and How to use it in our favor.

62
Q

Why we must have the MM ready before trading?

A

Logic over emotions.

63
Q

Why SD is key to be a successful trader?

A

The head game will let us trade efficiently and with the progressive compounding.

64
Q

Should I worry about winning ?

A

No, I only must be worry about learning, To master it.

65
Q

what is the key to see more trade?

A

Deliberated practice.

66
Q

It is fine if our MM is not always effective?

A

Yes, is is perfectly fine that our MM is not always the best or more effective.
However, we always must find ways to improve it.

67
Q

Does a -3 ever hurt us?

A

No, They are just part of the statistics.

68
Q

What we must do to select a trade to be tradeable?

A

We must be optimal and selective with those trades, with accurate parameters ans with big enough Risk/reward ratios.

69
Q

In which way I must post trades?

A

In an Inquisitive way, judging every aspect that I made wrong in order to reach the mastery level required.

70
Q

What is Real Money about?

A

It is about being Strongly Selective, taking trades that I am 100% sure that I will win.

71
Q

With what I Must be Familiar with?

A

I have to become so familiar with what is happening in order to be 100% sure that is a trade and that I am going to win that trade.

TAB 29 (5 decks)

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