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How to master trading psychology | Brett Steenbarger

Day Trading Books, How to master trading psychology | Brett Steenbarger – Day Trading Courses.

EP 065: How to master trading psychology, and introduce new best practises w/ Brett Steenbarger

For this episode, I interviewed a very special guest; Dr Brett Steenbarger (after many, many requests from listeners).

Brett is a very well known trading psychology coach, and has consulted to some of the biggest names in the industry. He’s also a respected author who has now published four books, some which have been recommended reading by previous guests on this podcast.

During our conversation, I asked Brett how to break bad trading habits and introduce new best practises, to explain why traders need to be adaptable in markets, plus how we should think about goal setting and measure progress. And of course, much more about how to enhance your performance as a trader.

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LINKS
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· More interviews: http://chatwithtraders.com
· Free resources: http://chatwithtraders.com/resources

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· Facebook: http://facebook.com/chatwithtraders
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· Soundcloud: https://soundcloud.com/chat-with-traders
· Stitcher: http://www.stitcher.com/podcast/chat-with-traders

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Day Trading Techniques How to master trading psychology | Brett Steenbarger.

Get Interesting Posts Related to Day Trading Futures For A Living.

The forex market is preferable for part-time traders because it competes 24 hr and is continuously in change, providing ample possibilities to make revenues at any kind of factor in the day.

However, the forex market is extremely volatile. This makes it dangerous for all investors, especially the part-time trader, if the appropriate method is not applied. Approaches such as trading certain currency sets that go to play during the times of day you can trade, considering longer durations, applying price activity approaches and using modern technology will contribute to the success of part-time foreign exchange traders. Danger tolerance, leverage and also time horizon (from hourly to regular) have to additionally be thought about for any investor’s broader approach.

Altogether, these elements are an integral part of any type of trading strategy, whether the emphasis gets on brief- or lasting gains.

George Andrew

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