Mindset Mastery  ·  Module 1 of 5

Getting Started

7 units

Every trader arrives with a decision-making style already formed — built out of temperament and character that you bring into trading, past trading experiences, and a good deal of trail and error.
The reality is that most traders will have never examined it in detail.

This module aims to give you the understanding to be able to start to look at yours before you attempt to change anything, because a method laid over an unexamined style is more likely to bend back into that style and old habits, the moment the you are back in the 'heat of the live market'.

Unit 1

Trading Choices

By the end of this unit you will:

  • Recognise that every trading decision requires a choice to do or not to do.
  • Explore the principles of the “Ultimate Choice” and judge where you are now against where you must be.
Unit 2

Your Trading IQ

By the end of this unit you will:

  • Understand how results occur, and relate the three Trader IQ domains to your development as a trader.
  • Have a basic understanding of the Trader IQ framework components.
  • Recognise the three levels within each domain.
Unit 3

Decision-Making IQ

By the end of this unit you will:

  • Review the definition of Decision-Making IQ and its contribution to trading.
  • Understand the framework components, including the cognitive and emotional factors that result in behaviour.
  • Recognise the three levels within this domain.
Unit 4

Owning Your Performance — The Honest Trader

By the end of this unit you will:

  • Recognise the absolute necessity of trading honesty and awareness.
  • Know the three key factors that, along with knowledge, must be in place for effective trading development.
  • Understand the concept of an internal locus of control and its role in influencing results.
Unit 5

The Psychology of Results

By the end of this unit you will:

  • Review the crucial role of results in trader psychology.
  • Recognise the three key developmental transitions that can guide trader development, including that of scaling.
  • Acknowledge the challenges of the transition process and decide what is the right approach for you.
Unit 6

Your Trading Code of Conduct

By the end of this unit you will:

  • Understand the definition and purpose of a trading code of conduct.
  • Recognise the key factors in its development and the components of a comprehensive code of conduct.
  • Write your own code of conduct using the example statements to get you started.
Unit 7

Daily Trading Agenda

By the end of this unit you will:

  • Understand the purpose of a daily trading agenda and its contribution to your trading.
  • Get clarity on the component parts of a daily agenda and how they might fit in your trading day.
  • Use this unit to develop your own daily agenda.