FREE MARKET UPDATE #239

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Hi !

Working on your mindset 🧠 is one of the most important tasks of a trader. 80% of the trading game is psychology!

Most traders don't know how to work on their mindset and attitudes. 🤷‍♂️ That's why I always include a Mindset & Education part in the member Weekend-Reports. 📺 Every weekend I discuss about topics which make you stronger and more educated as a trader. Very often I include member questions into these videos.

In the last video I talked about "Preparing yourself for a pullback". 💪 I write and speak about that for multiple weeks now in the community to prepare members for a potential pullback in the market. Why is that important? 👇

1. Most traders tend to sellout all their stocks as soon as the market starts to pullback and have no exposure to benefit from the next rally.
2. Emotions take over and that leads to spontaneous trades or mistakes.

Here are the 2 slides I discussed in the Weekend-Report yesterday 👇

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👆 Above you see different methods how to prepare yourself mentally. 💪 Not every person is compatible with every method.

You have to try out which method suits you best. I personally use visualization and positive self-talk a lot! Don't be shy and try it out. I will help you a lot. After try it out for weeks or months you will see that you changed yourself. 🤩

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👆 In the second part I explain why it's so important to prepare yourself mentally for a pullback.

I think the points are very clear 👉 Preparation (mentally and having a plan) don't bring you into a situation where you feel stress, emotions can't take over so quickly and you don't make big mistakes. That's critical!

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If you want to learn how to develop your trader mindset, try out the member community 14 days for free. My video course (10% discount for you, code on page) isn't so much about mindset development, but you'll definitely have a trading plan to act on and that also calms down stress.

Thank you and good trading,
Julian

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