CONVERSATIONS with MONEY
Join Rich Friesen of Mind Muscles for Traders on TUESDAY May 1 at 1:30 PT / 4:30 ET to find out about the problems many traders face with consistent profits.
Money is how trading success is measured.
I almost never have a client with the problem of greater and greater success. However after they resolve their trading issues that they perceive to be the problem, then they hit the larger issue... their relationship with money and success.
That’s right... the problem is not the problem. Most traders are unaware of the real limits they have put on themselves. Their past trading behaviors prevent them from getting to the point where they can even discover the real issue that keeps them from their dreams of success.
Often a trader’s equity curve shows slow and steady gains, and then a sudden steep loss. Do you recognize this pattern in yourself? After several winning trades, or profitable days or weeks, suddenly your trading behavior changes and you give back what you have earned the hard way in a short amount of time.
What drives this expensive trading behavior and equity curve pattern? In my experience with my traders and coaching clients over the years, it is triggered by success itself and our relationship to money. Trading has one success metric, and one metric alone - MONEY! If our relationship with wealth, money and success is tainted at all, it impacts our upside potential.
I want to share what I have learned from the traders in my firm.
I have created a webinar for my special list of traders to share what I have learned over two decades of trading and in my private coaching practice.
In this webinar we will do some of exercises that allow you to see what potential conflicts you may have that sabotage your trading success.