Trade At Your Best

TAYB003 What Is A Good Trading Decision?


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In this episode we are going to think about trading decisions, explore what a good trading decision is, what a bad trading decision is, the relationship between your trading process and your trading results.

I share a case study of one of my clients who made one key mental shift – perhaps the most important mental shift required for making better trading decisions - which helped him to trade with less stress and anxiety, make better decisions and improve his trading results.

I will also share some strategies that you can utilise for reducing your own decision making stress and anxiety levels, so you can enhance your decision making and maximise your returns.

Key themes covered include… 

  • What is a good trading decision?
  • The 4 quadrants of trading decision process and outcomes
  • Why your brain is attracted to you P&L, but it ultimately works against you
  • The research showing the impact on performance of being to results focused in your decision making
  • The research showing the benefits of becoming more process focused in your decision making
  • A case study of how one client reduced his stress and anxiety levels, improved his decision making process and made more P&L with one shift in his mindset
  • How you can make better decisions by reducing outcome attachment and adopting a mastery approach

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(c) 2019 Performance Edge Consulting Limited

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Trade At Your BestBy Steve Ward