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Excellent course on market psychology. Litchfield takes you down a journey into your own psyche through fantastic and thought provoking analogies.
Really worth the watch and definitely one of the best videos on trading psychology on the market.
Author: Julia Stone
Date added: Wednesday, March 25, 2009, 15:24
Everyone needs this program to understand the mental requirements of trading!
Ryan Litchfield says that 10% of all people are not suited to trade the market, another 10% take to trading like a duck takes to water and the remaining 80% are “normal”. These normal people just need to be aware of the “mindfields” or traps our thinking presents when trading the market and make some mental changes in order to suceed. He says that successful trading is counter intuitive in many ways.
A high percentage of people start out convinced they are smart and successful in other things so they must be in the magic 10% of people that will automatically succeed at trading. They spend their time and money on learning techniques and systems but then become one of the many traders that lose all ltheir money to the market at least once because they. The market is an expensive teacher. Learn from this program the perspectives and attitudes you need to succeed.
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