Third Eye Consultant
Imagine being thrown into an arena with some of the world’s most intelligent, well-equipped, well-researched, and well-funded people. And in some way, they’re your direct competitors.
Our Approach
Your money is on the line… heck, your life is on the line!
This is what trading is. The only way to survive and thrive in this arena is by working hard on joining the elite club of consistent traders.
And ideally, you shouldn’t do that work alone.
Why Work With A Coach?
A good coach or mentor will give you plenty of returns on investment by first giving you a proven structure to improve.
Most traders struggle because they don’t have that structure . Often, they have a winning trading strategy, yes, but still they fail to abide by it. They take trades willy-nilly and emotionally; they don’t consider the impact of uncertainty and have no real concern for position sizing or an exit strategy.
It’s a “make money at all cost” mentality, and that works very well in business and elsewhere, but not in trading where uncertainty is omnipresent.
To be a successful trader, you have to be able to consistently stick with your trading rules day in and day out, in the very midst of confusion and uncertainty.
Key Topics Covered
Overview of the key topics covered in our coaching program, including stress management, risk management, decision-making, and trading mindset development.
Many skills are required for trading successfully in the financial markets. They include the abilities to evaluate a company's fundamentals and to determin e the direction of a stock's trend. But neither of these technical skills is as important as the trader's mindset. Containing emotion, thinking quickly, and exercising discipline are components of what we might call trading psychology. There are two main emotions to understand and keep under control: fear and greed.
Overall investor sentiment frequently drives market performance in directions that are at odds with the fundamentals. The successful investor controls fear and greed, the two human emotions that drive that sentiment. Understanding this can give you the discipline and objectivity needed to take advantage of others' emotions.
Program Details
Information about the format and duration of the coaching program, including the number of sessions and the level of support provided between sessions.
Understanding Fear
When traders get bad news about a certain stock or about the economy in general, they naturally get scared. They may overreact and feel compelled to liquidate their holdings and sit on the cash, refraining from taking any more risks. If they do, they may avoid certain losses but may also miss out on some gains. Traders need to understand what fear is: a natural reaction to a perceived threat. In this case, it's a threat to their profit potential.
