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More from @Your_NLP_Coach

Feb 17
I've spent thousands of hours coaching people on (trading) psychology. The insights I'm about to share might help you to shift from a mediocre trading mindset to a stronger trading mindset

Time for a thread 🧵✍️
We must understand that trading goes against your biology and psychology. Keep this premise in your mind while you read this thread!
If you torture the data long enough it will confess!

We have the tendency to over-optimise (trading)systems. Because we want to see what we believe and hope for. Your goal as a trader is to challenge your belief system. Know yourself! And know your why!
Read 11 tweets
Feb 7
Few people know that J.Welles Wilders created a bunch of indicators, RSI was one of them. He passed away in April 2021. I am grateful for what he has brought to the trading community.

To honor his work. Here is a thread about #RSI that you won't find anywhere else

🧵👇
Let's start first with what an RSI does. It measures up and down moves and calculates a ratio. It compares the strength of gains to losses over a period, which is by default 14.
The general premise is that too much in any direction is not sustainable which will induce a mean reversion. But what is too much? And what are the better triggers!
Read 15 tweets
Sep 21, 2022
3 things I wish I knew about fear and trading before I started trading. Time to wake you up with this trading psychology thread. And because I love you all, you'll get 3 tips from a certified NLP master coach 🎁

A Thread 🧵👇
The F word destroys more than you think. It destroys dreams, mental capital and financial capital. There are many ways to express fear. And loss aversion is one of the strongest expressions of fear. Time to destroy the myth about fear before it destroys you! Image
Before we continue. I want to get rid of a major misconception. Emotions like fear and greed, in their true essence, are not bad or good. They are neutral. Thinking you can control or fight an emotion that activates our survival mechanism is another fallacy. Image
Read 15 tweets
Aug 22, 2022
Common sense ≠ common practice

We know what's right, but we don't act upon what we know. There is a gap between knowing and doing! So what's happening in that brain of yours, and what can we do?

Let's close the close the gap, shall we?

Time for a thread 🧵
1) What is in for me?

Before we move on. Ask yourself how your trading performance would look like if you acted more upon what you know is right? Can you already see the benefits? And how this makes your life easier? Keep that picture in mind!
2) NLP

Quick 1-1 NLP. What you first need to understand is that your brain is very powerful and your mind wants to preserve your energy. Understand this before you continue
Read 15 tweets

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