Free Rande Howell webinar - The Secret to Becoming a Consistently Profitable Trader

The Secret to Becoming a Consistently Profitable Trader Hello Trader,                Every winning trader has learned first how to become an expert loser. There is a wall that every trader is going to hit. Over time, the evolving trader has internalized the often-quoted cliché that losing is just part of the game – so that he acts instinctively from this knowledge when facing loss. But these are just words that traders talk about but do not act from in the heat of a trade going against you. But it’s not just words for the successful trader. Instead of talking the talk about taking losses as simply a part of the game, he has trained himself (often painfully) to walk the walk of changing his deeply held beliefs about winning and losing. This is the game changer. Why Is It So Hard to Accept a Loss When You Know It’s the Right Thing to Do? The answer to this question is two-fold. The first cause is your evolutionary psychology – the instinctual psychology that you inherited from your Caveman ancestors. They didn’t know anything about money because money did not exist. It would have been useless. But they did know about power. In today’s world money and power have become linked together. Your Caveman brain does not know this. Nor is it capable of understanding the connection between money and power.  To the Caveman, power meant survival. Power meant safety. Power meant status. And if you lost your power, you lost your life. You became somebody else’s meal. So, taking a loss in Caveman times was a big deal. It was life and death. When that trade goes against you and approaches your stop, it is not just about a potential monetary loss. (That’s your modern Thinking Brain evaluating risk until stress kicks in.) Underneath the Thinking Brain is the Emotional Brain (Caveman Brain) – the one that does not know about money. And your inner Caveman instinctually interprets this potential loss as a loss of life – not money. It is here that your Emotional Brain hijacks your Thinking Brain. You are no longer facing a monetary loss. Instead, you are fighting for your life. Money, now, has nothing to do with it. It’s a life and death struggle. And if you lose – you die and become somebody else’s meal. You are going to fight to the death. Your survival instincts trump rational thinking every time. Notice that as long as stress has not entered the picture, you are able to perform from your Thinking Brain while trading. But the moment that the trade goes against you, your Caveman Brain wakes up and becomes alert – there is potential danger to deal with. Your emotional Caveman Brain hijacks your rational Thinking Brain. Your Caveman Brain is always going to perceive the taking of a monetary loss as a threat to life. If you are willing to compensate for this glitch in your Evolutionary Psychology, you can learn how to regulate how your Emotional Brain responds to stress. The first thing, though, is to acknowledge that your inner Caveman is your silent partner when you trade. Educate yourself and learn to work with it. The second reason you have problems taking losses centers around the beliefs you hold about winning and losing. These are learned and/or inherited from your family-of-origin, your community, and culture. If you grew up in a competitive family where winning was everything, winning was the way you proved you mattered. And that competitive nature has served you well in most endeavors in life – until you got to trading. Trading simply has different rules for success than ordinary life. You do not win in trading by using willpower or by a dominant spirit. In fact, the competitive person quickly finds that he is at a disadvantage as a trader.  He has been trained to win at all costs as proof of his mattering. Yet, in trading, you have no control over whether you win or lose in any given moment. When faced with a loss, the competitive person wants to double down and win it back. In trading, you do not make things happen. Instead, you must patiently wait for the market to give you something to act upon. Your job is to perform well, rather than to win. If you have an edge under these conditions, you will extract more capital that you lose to the markets. This is a very different mindset than the alpha’s belief that he has to win to matter. Losing is also turned upside down in trading. As discussed above, your inherited evolutionary psychology is instinctively built to abhor losing. It means the loss of personal power to survive. So, a trader is front loaded to be at a disadvantage when trading because of his bias against losing. Yet, a successful trader must become very good at losing to win. (That’s the way he protects his capital for the long term.) But it is more than that. Most traders I work with come to me hating (and I do mean hating) to lose. Because they have such a strong bias toward losing (that came from the brain adapting to survive in their family-of-origin, community, and culture), they will fight to the death (figuratively) to avoid a loss – only to find their actions digging the grave deeper. What they have to learn is how to tolerate losing as a sign of successful trading. The successful trader has to become an expert at losing so that he can win. Most traders get so locked into “not losing” that the wisdom of losing well is lost on them.  Separating Winning and Losing from Being As long as your performances (whether you win or lose) determine your sense of worth as a human being, you are in trouble. Your value as a human being has to be separated from the results of your performances. If you happen to win, that does not mean that you matter more than if you lost. And if you lose a trade, that does not mean that you matter less. Winning, seen through the Probability Based Mind, means only that you landed on the right side of probability relative to you. And if you lose, that only means that you landed on the wrong side of probability relative to you. You never controlled the outcome. You could only control the mind that you brought into the moment of execution. It is not because you win that you matter. And it is not because you lose that you matter less. This is not about your inner Caveman’s obsession with not losing. It is about performing your edge well. But no matter how well you perform, you do not control the outcome. You only control the mind you bring to the performance. Instead of measuring your sense of mattering by winning or losing (where you have no control over the outcome), you develop new empowering beliefs about your inherent worth beyond a given performance. Or, as one very successful trader confided in me recently, whether I win or lose, I’m good. That much I now know. That understanding frees me from the drama of having to prove myself in the markets where I have no real control over any given outcome on any given trade. My job is to do my job and let my edge do its job. That frees me from the drama and I can focus my energy on trading in the zone.  These are skills that can be taught. I encourage you to explore more. Learn how to separate your worth as a human being from the results of your performances. Every trader has to learn these lessons to become successful.  Come and Learn. Watch my [video]( [register and attend our free webinar]( go to our [website]( and enjoy all the learning materials there. Sign up for our [Courses](. Make a move in the right direction. Take action, now. [[Facebook] ]( [[LinkedIn] ]( Rande Howell Traders State of Mind www.tradersstateofmind.com Free Rande Howell webinar in June 2023 Title - The Secret to Becoming a Consistently Profitable Trader Speaker: Rande Howell Date/Time: [Thursday, June 8, 4:30-5:30pm EDT]( IMPORTANT! The time shown is in U.S. Eastern Daylight Saving Time! Description:   There is a logic that is quickly challenged when real money is put at risk in trading. You want to win (and not lose) and, thereby, make money. Yet, the more you try to win, the more you lose. And when you lose you get angry or scared. Then you really inflict damage on yourself. What’s going on here? Your very beliefs about winning and losing are killing the promise of your trading. The rules of success in trading are very different from the rules you brought to trading. And you are going to have to change your deepest beliefs about winning and losing to become a truly successful trader. How do you do that?  Join us for this live webinar to learn about what stands in the way of your success in trading. And learn particularly how you can go about developing your trader psychology to match up with the rules of success in trading. Register now. Please [click here]( to register for this free webinar. IMPORTANT! The time shown is in U.S. Eastern Standard Time. [New free Video - ]( The Secret to Becoming a Consistently Profitable Trader Your beliefs about winning and losing are costing you success in trading. How can that be? You want to win to make money, thereby proving yourself – but you have no control over outcome. And you hate losing – yet a successful trader wins by becoming an expert at losing.  Because your current beliefs about winning and losing in trading determine what mind you bring to the performance of trading, you will continue falling into inconsistency while trading under pressure. How do you learn to re-think winning and losing so that you can create success in trading? Watch this video to find out. Please [click here]( (and scroll down a bit) to view the video. Developing Traders State of Mind Group Course - Fall, 2023 The emotional brain is built to seek safety in a dangerous world. The world that it was created for has long since disappeared. It developed a hair-trigger to the fight/flight response because that is what was needed for survival. Now, it has been taken out of the jungle (where risk meant danger) and is being asked to act civilized in a world of probability - where risk is not lethal. Without re-training and re-programming the emotional limbic system, this is not going to happen. It is built to react to danger quickly. It was never built to ponder your rules when it is experiencing vulnerability, discomfort, and fear. It was programmed to act from your survival instinct.  Until this is done, your emotional brain will continue to hijack your thinking brain when you feel the discomfort of uncertainty and risk. This is your silent partner. The question is: Are you going to try to continue to pretend it's not part of your trading mind? Or, are you ready to re-program it for the modern world of trading and probability. Fortunately, this can be done. The Developing Traders State of Mind Group Course Teaches You How to Master Reactive Emotions The Group Course has been called a wake-up call by many traders. Most simply have no idea how the brain and mind work to produce performance in the clutch with risk on. You learn here. It's more than a wake-up call - it a door that opens you to a whole new world. You learn how the emotional brain (so focused on survival) needs to be handled to become an effective working partner with the thinking brain. This course is eye-opening. I had no idea how to fix the problems I had with my trading until this course. Learning how to manage emotions is only the start. You learn how to create a mind built to manage uncertainty. Bottom line is that I know longer sabotage myself and have become profitable. I wish I had taken the group course a long time ago. It's a difference maker. SD From the start you learn how to calm survival emotions down before they become big and hijack your trading mind. That's just the first step. The major benefit is that you learn how to create a mind built for trading, rather than survival in the past. This is what has to happen for success in trading. You have been using a brain/mind created for circumstances that no longer exist. What is needed is a brain/mind built for probability management. Where you learn to become comfortable with the discomfort of uncertainty rather than triggering to your survival instinct. This is what every trader, to be successful, has to learn. All those who register now will be enrolled in the Fall 2023 Group Course, which has its 1st Group Meeting on August 31. Give yourself lots of time to study, and get started now! The survival Instinct is not going to just go away. It is your partner. Do you want to learn to work with it so that it helps you to become the trader you can be? [Please Click here to register ]( the Group Course. [Please Click here to view a video about the Group Course or for more information.]( The DTSM Group Course teaches the same basic skills that are taught in my individual course, but is only $1195. This can be spread out as five payments of $239/each over a 10-week time period. It's a whole lot of training for a reasonable cost. SPECIAL NOTE REGARDING PAYMENT - PayPal CANNOT be used as a payment method for this Group Course since PayPal does not allow for rebilling. If you have any questions regarding this, please contact Delores at delores@mytradersstateofmind.com Mindful Trading: Mastering Your Emotions and the Inner Game Author: J. Rande Howell, MEd., LPC If you know how to trade when not in the pressure of trading, but you have not been able to trade live from a calm, detached, and disciplined state of mind, this book will open your eyes. Mindful Trading actually shows you HOW to develop a peak performance state of mind specifically for trading. This book gets in the head of a trader. You will meet a number of real life traders who have overcome self doubt, fear, and impulsiveness. You will see how they overcame self-limiting beliefs and began trading from an empowered state of mind. You will discover your core beliefs that actually trade your system and methodology. And without change at this fundamental level, old self-limiting patterns of thought and belief re-assert themselves shortly after your brain pushes off any "tricks and tips" you learned from self-help seminars. It is this change at the organization of meaning and biology that makes this book so different. A number of disciplines are folded into a unified process that really gets at long term change. Those disciplines include neuro-biology, emotional intelligence, ontological reconstruction of the self, attachment theory and the meaning of the self, and Jungian archetypes. In Mindful Trading, imbedded in self-limiting beliefs, you are carried through a change process that transforms traders mired in mediocrity to a re-organization of the mind for peak performance trading. Mindful Trading is available both as an [Audio book]( a [paper book]( and a [downloadable e-book](. [Read an excerpt from Mindful Trading]( free and you get to look inside a trader's mind) And consider the companion study tool: the  [Mindful Trading Companion]( [e-Workbook!]( Explore a Trader's State of Mind Coaching Relationship with Rande Howell This is a personalized course for the trader who is ready to move beyond being stuck in self limiting beliefs. If you have recognized that it is you that stands in the way of your becoming a more successful trader, then this challenge can become an opportunity for re-invention of yourself as a trader, rather than something to avoid. It's like a door opening to an entirely new world. Great athletes recognize that the mental aspect of their game requires a performance coach for them to reach their potential. Trading is the same. Self-limiting beliefs have to be rooted out and changed - and a peak performance mindset has to be developed. It's all part of the training. Having a methodology that gives you an edge is not enough. You have to develop your mind so that it gives you the psychological edge to use your methodology and platform so that the uncertainty found in trading favors you. This is trading beyond fear. It is trading from a disciplined, impartial, patient, and courageous state of mind. Without emotional regulation training, this can take years (if ever) to achieve on your own. Teasing apart uncertainty from fear is simply something that the brain will not do on its own. The psychology to this has to be developed...or you stay stuck in the same old self-fulfilling prophesies of mediocrity. Do you want to move beyond fear and trade from a calm, detached, and disciplined state of mind?  If you are seriously considering registering for the Individual Course, then c[lick here to check out a free, no obligation consult with Rande Howell]( get to see how this powerful technology of the mind can move your trading to the next level. To make this free consult productive for you, I recommend that you first attend one of my free webinars. This will lay down a lot of groundwork so that when you speak with me -- you'll be hitting on all cylinders. Also, reading my book - Mindful Trading - is advised.   [Website]( Book]( & Interviews]( Videos]( rande@mytradersstateofmind.com | [www.tradersstateofmind.com]( [By joining you get to keep connected to this powerful training process for the development of the potential you have as a trader. And if you decide differently, you can always un-subscribe. If you're a student of trading, this newsletter is a powerful tool for your development.]( Empowered Horizons | 1824 Prescott Ct., Iron Station, NC 28080 [Unsubscribe {EMAIL}]( [Update Profile]( | [Constant Contact Data Notice]( Sent by rande@mytradersstateofmind.com powered by [Trusted Email from Constant Contact - Try it FREE today.]( [Try email marketing for free today!](