Day Trading Psychology Tips from Richard Friesen

Sometimes I find trading psychology material a bore because more often than not, it’s the same old stuff repeated.  Certainly, successful management of your emotions, biases and triggers are of paramount importance to the trader. But, what has always been missing for me is a better understanding of what’s going on “in there” and some practical things I can do to deal with it.

In the past, I hosted a webinar for Richard Friesen called “The Breakout Psyche: Mastering Your Psychology for Profitable Trading.”  I know Rich very well because he designed our Trader Assessment Test … but I never really knew his methods to help traders master their mental game.

During the presentation with Erich Senft, I found myself enthralled with what Rich had to say … and it was on a subject that usually puts me to sleep.  Erich also had to admit that Rich made him think about his psychology in a whole new way – that’s saying a lot coming from a 17-year trading veteran.

Rich is an expert in trading psychology and is very passionate about his subject, and he brings, not only the science and psychology into focus, but he was also a pit trader for years himself – he’s been there and back as far as successfully dealing with his psychology and emotions.

Here is a video from that presentation:

See this trading psychology in action.  I invite you to join us in our Trade Room.  Click HERE to Register