Trading Psychology by Cole Marshall

Trading Psychology

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Description

You already know what to do. You know not to move your stop. You know not to size up after a losing streak. You know the setup is not ready but you enter anyway because you have been watching it for 20 minutes and you need to do something. The problem in trading is almost never knowledge. It is the gap between knowing and doing — and that gap is entirely psychological. This book is written to close it. Cole Marshall examines the specific mental patterns that undermine trading performance: the four fears that cost traders money in distinct, recognizable ways — fear of missing out that leads to chased entries, fear of loss that leads to moved stops, fear of being wrong that leads to held losers, and fear of leaving money on the table that leads to premature exits. The three forms of greed. The cognitive biases — confirmation, recency, anchoring, sunk cost — that distort chart reading after a loss. And the role of ego in preventing honest self-assessment. The second half of the book is operational: a 15-minute pre-market preparation routine, breathing and observer-mode techniques for in-trade emotional management, a 5-minute post-trade processing method for handling losses without residue, and a 21-day discipline framework. This is not performance coaching with vague principles. It is a specific, practical manual for the work that happens between the strategy and the result. If your live trading results do not match your replay or paper trading performance, the problem is not the method. What you will learn: - Identify your dominant fear and understand exactly how it distorts your trading decisions - Recognize the three forms of greed that cause overtrading, premature exits, and revenge trading - Diagnose the four cognitive biases — confirmation, recency, anchoring, sunk cost — in your own trades - Build the 15-minute pre-market routine that sets your mental state before the session opens - Apply breathing and observer-mode techniques to manage emotion during open positions - Process losses without residue using the 5-minute post-trade review method - Complete the 21-day discipline challenge to turn rule-following into habit Who this book is for: Traders who can identify setups correctly but whose execution is inconsistent — whose live results do not match their paper trading or replay performance. If your P&L is fine in simulation and a mess in live trading, the answer is in here. Book 12 of The Market Edge Series — a 15-book curriculum for serious retail traders. Trading futures and other instruments involves substantial risk. Do not trade with money you cannot afford to lose. This book is education, not investment advice.

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