I would like to introduce you to Dr. Fran Giordano, who will be joining us for our Virtual Trading Psychology Group. Co-facilitating with Stephen Tremper, Dr. Fran Giordano is an expert in emotional and cognitive processing issues that may impact trading. As member of the group, each participant will receive a thirty-minute individual session with Dr. Fran exploring your personal psychological trading concerns.
The original idea came from the late Mark Douglas and the work he did for traders. If you don’t know who he is I recommend “Trading in the Zone, by Mark Douglas”.
This group will meet once per week for six weeks, followed by one thirty-minute private session scheduled for each participant with Dr. Fran for a minimal $97 registration fee to offset expenses.
Some of the topics of discussion will be:
Mental Environment, Reacting to Loss, Stops and what they represent, Eliminating the Emotional Risk, and more.
A taste of Mark Douglas' book as a basis of our topic of discussion:
A probabilistic mind-set pertaining to trading consists of five fundamental truths. 1. Anything can happen. 2. You don’t need to know what is going to happen in order to make money. 3. There is a random distribution between wins and losses for any given set of variables that define an edge. 4. An edge is nothing more than an indication of a higher probability on one thing happening over another. 5. Every moment in the market is unique.”
Three stages of development of a trader First: The Mechanical Stage
1. Build the self-trust necessary to operate in an unlimited environment.
2. Learn to flawlessly execute a trading system.
3. Train your mind to think in probabilities (the five fundamental truths)
4. Create a strong, unshakable belief in your consistency as a trade.
Second: The Subjective Stage
In this stage, you can use anything you have ever learned about the nature of market movement to do whatever it is you want to do. There is a lot of freedom in this stage, so you will have to learn how to monitor your susceptibility to make the kind of trading errors that are the result of any unresolved self-valuation issues I referred to in the last chapter.
Third: The Intuitive Stage
If interested, please use this registration link indicating your interest. You will be placed on the contact list.
This group will be limited to only 20 participants and webcam will be required. Are you ready to secure your placement now? Use this PayPal link and get locked in now!
Please see Calendar of Events.