How To Restructure Your Trading Psychology
In this video, we learn how to keep a cognitive journal that helps us recognize and change our thought patterns in real time. Further information on cognitive journaling can be found in The Daily Trading Coach:
#Restructure #Trading #Psychology
Another GOLD video, thank you so much!
Nowadays I'm working mostly on my psychology aspects of trading. That looks really helpful and by this video it was so easy to adapt! Thanks Dr. Steenbab 🙂
Thanks for sharing!
I can't wait to transfer the daily trading coach 2.0 from my wishlist to my inventory haha
If I were to apply this video and techniques, I should start progressing towards constructive thinking and utilising the 4th column.
Thank you for sharing, a lot in just 3 mins if we can apply it
Thank you for your amazing work!!!
Amazing ideas Dr. Steenbarger. Thanks!
Summary: Cognitive Journal to change your thought processes in real time
A= Activating Event that triggers the negative emotional thought pattern
B= Belief about the event – your negative self talk – what are you thinking about what happened that triggers your negative self talk?
C= Consequences of those beliefs – does it make you anxious / chase?
D= Disputation – you constructively challenge the negative beliefs – you ask how do I want to talk to myself about this event?
What I love most in your videos and in you especially, is your way of speech, changing speed, volume, tone. Genius!)
Thanks again, this is great and I've added the columns to my journal
Dr. S I listened to, I believe, your first podcast on chat with traders and what stood out to me most about you is that you identified you enjoyed helping people become better (traders) moreso than being a profitable full time trader yourself. What a treat, and how lucky we are, to get content from you as you've clearly an established successful career in the field. I appreciate the content immensely and moreso you taking the time to "shout into the void" and throw it onto YouTube to see what sticks. You don't have to make the time for these videos but you choose to. It says a lot about your character and your approach to helping people better develop themselves. Thank you.
Great work Brett!
I am also talking about Trading Psychology in Brazil, let me know your thoughts.
https://www.youtube.com/watch?v=0vSeD-_GUtk
Thank You Dr. Steenbarger
Excellent, Dr Brett.
Greetings from Brazil, i would love to study more your material and bring them to Brazil.
This should be the top video of any trader's lessons and studies. Pure gold.
I am an inhibited trader (reluctant to pull the trigger and enter trades). Can you do a video on how to overcome it? Thanks.