Yesterday I received an email update from a client that highlights the work involved in dealing with the psychological aspect of trading.

I think sharing what he said, in his own words, will be helpful to you:

Update on my Trading: It continues to be literally a balancing act between managing my emotions and remaining “competent” enough to read the chart appropriately. I find that sometimes when I get too involved in managing my emotions (which can use more energy than necessary at times because I catch myself trying to control my behavior instead of focusing on the emotion) I have a tendency to ignore [sometimes blatantly obvious] signals that the price graph is showing me (since in the moment I’m typically just ecstatic that I’m able to even evaluate my emotions). I’m getting better at juggling all these factors, but it takes alot of conscious effort (it’s like there are so many moving parts)! So far though (since getting your course), my equity curve has been consistently increasing and not decreasing. So even though I sometimes miss the foretellings of the price graph, I can say that at least I was able to follow the method of my trading plan and manage my emotions. Now when I do my trade reviews (in hindsight) and see things I missed (where the price graph was screaming at me) I use this information to fine-tune my future trading plans. Although I’m not sure that saying I was so “distracted” by the mental part of trading enough to be blind to the technical aspects of the chart is a valid argument, this is the way it feels. As usual, your feedback or insight on this is greatly welcomed and appreciated.

With limited capacity to take on new clients I’m only accepting traders who are absolutely committed and a good fit. If you think you’re one, email me first, if you’re still serious, we will have a phone/Skype chat to see if it makes sense to work together. I prefer to choose my clients as much as they choose me. You’ll know why once we talk. My self-paced course is another option.