trading psychology, trading coach

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"To make your trading dreams a reality, change the Dreamer into a Realist."
                                                                                                                        Kenneth Reid, Ph.D

TRADING PSYCHOLOGY COACHING PROGRAM

stock futures forex ETF traderTo make your trading dreams a reality... you must become a well-balanced realist. Successful traders have three real-world skills that they bring to the trading game every day: 1) Emotional stablility, 2)  A confident mindset, and 3) An effective trading edge that they apply consistently. These elements work synergistically. By themselves, each is insufficient. My goal is to help you identify the weak links in your current skill set in order to increase synergy and maximize profits. Additionally, we will work together to neutralize any unconscious imperatives you may have that limit your success. All four of these factors are described below.  Kenneth Reid, Ph.D.

INITIAL ASSESSMENT
total brain conditioningI take a systematic approach to trading and to coaching. When you sign up you receive a comprehensive assessment that functions like a MRI on your trading. It allows us to identify issues in emotional regulation, mental attitude and trading method. Each week of the 6-week program you will focus on changing one key element in these areas. Changes will happen easily and naturally. You will soon notice that you are becoming the trader you have always wanted to be.  

ENHANCING EMOTIONAL STABILITY

stable traders brainAccording to Mark Douglas, highly successful traders are simply not afraid. You may have experienced fearless trading when you first started trading. I believe it accounts for the phenomenon of "beginners' luck." Naivete about the real risks in the market, however, is no substitute for getting control of one's emotional state.  

You are likely to be emotionally susceptible to one of three primary triggers: 1) Losing; 2) Being Wrong, or 3) Missing Out. When you sign up, in our very first session we will identify the particular trigger that limits your trading success and we will build your Coaching Plan around neutralizing it. I also specialize in analyzing the biochemical factors that may be working to destabilize you emotionally.

 

REINFORCING A CONFIDENT MINDSET

trading psychologyLosing, Being Wrong and Missing Out stimulate negative thoughts, which may become a disastrous self-fulfilling prophecy and sabotage success.  

If you are Trading Not To Lose, you will not be able to stay in a winning trade, so you will be a Breakeven Trader, or worse.
If you are Trading To Be Right you will have poor risk management and end up taking large losses.
If you are
Trading Not To Miss Out you will chase price and buy too high or sell short too low.

Ironically, in each case you will create the very thing you were trying to avoid. We will work together to correct these sagotaging imperatives using proprietary techniques.

MASTERING YOUR TRADING EDGE
Effective trading edge?There is no one right way to trade. However, you need a plan and you need to apply it consistently. If you have underestimated the difficulty of trading, however, you may not have developed a professional-grade trading plan or the tools and risk management techniques to properly apply it. Defining your "edge" is crucial. If you don't have a well-defined plan, your trading is likely to be overly discretionary. Discretionary trading leads to an emotional guessing game that causes stress and losses. When you sign up we will go over your Trading Plan to make sure it is professional and we will improve it, if necessary.

This is a recent screenshot from my own futures trading account during a particularly volatile period in the S&P 500.  It illustrates that consistency of trading results has little to do with market conditions. This screenshot is a trade analysis for this 3-day period. The platform is Tradestation, but I also work with Ninja and other platforms, as well. The annualized return for this sample period is 769%. Your results will differ.

By the way, if your trading plan changes every week, then check yourself for a condition called Adult ADD that I believe affects many struggling traders.

DECONSTRUCTING UNCONSCIOUS IMPERATIVES
In the 6-week program we deal with the basic elements described above. Some traders, however, have certain unconscious imperatives that work against their success. These can be corrected, as well, and much more quickly than you might imagine.

For example, one client grew up feeling and believing that he had to be "the best." At the age of 13 he was in the top 1% of amateur players in his sport worldwide.  He went on to a highly successful career as an investment banker. When he retired, however, and began to trade for his own account, he found that he was so driven by his inner 'Pusher' that trading became an ordeal.

When he had a few losses, he felt like a total failure. He became risk averse and would not take the trades that his system indicated. When he missed out on excellent trades, however, he became depressed and then angry. In the depressed or angry state, he traded worse. In the end, he became his own worst enemy. This client had to learn to accept himself and take losses in stride. We accomplished that goal in less than two weeks by applying his clear understanding of sports psychology to his trading.

Whatever your tendencies toward "self-sabotage," I'm confident that together we can find a solution quickly.

ONE-ON-ONE COACHING INTENSIVE
In the 6-week program ($1499) we deal with the issues described above using the phone, Skype and screen-sharing technology. Some traders, however, learn best with a total immersion training. I therefore offer a 5-day One-on-One Coaching Intensive in my personal trading room. The cost is $5000. Email me for details.

"Last night I caught +90 and +74 in the euro futures on one trade for $2050 gross profit.
Thank you, Dr. Reid!" James F., St. Louis, MO


YOUR ROAD MAP TO SUCCESS

trading psychology successBecause I work with all levels of traders, from beginners to top hedge fund traders, my Coaching Program is customized just for you. Together, we will analyze your entire trading situation (emotional, mental and tactical) and formulate an individualized program that will take you to the next level in just six weeks. The cost is $1499, a fraction of what some traders lose on a single bad day.  

Email me to schedule a FREE 15-Min. CONSULTATIONdoc2@daytrading-doc.com 
or click to
sign up now.  

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If you take no other action today my friend, be sure you order my neuroprogramming MP3 ACCESSING THE WINNING TRADER'S MINDSET for just $99. Nothing is more important than becoming proactive about your mental-emotional state while trading. It could save you thousands! Kenneth Reid, Ph.D 

 

 Copyright 2011 Kenneth Reid. All Rights Reserved.