As a trader, it's important to recognise that every trading decision is influenced by a set of underlying assumptions. These assumptions are often shaped by past experiences or influenced by the opinions of others.
While they can sometimes be beneficial, if they are based on incomplete, incorrect, or outdated information, they can go unnoticed and unchallenged. This can limit your trading results and potential. potential.
Unit 8
Assumptions vs Perceptions
By the end of this unit you will:
- ✓Understand the difference between a perception and an assumption.
- ✓Recognise the potential negative impact of assumptions on trading results.
- ✓Identify the areas where you may be applying assumptions that require evidence.
Unit 9
Assumptions About Yourself
By the end of this unit you will:
- ✓Recognise the self-assumptions you may be carrying into your decision making.
- ✓Using the process described, begin to challenge any assumptions that exist.
Unit 10
Assumptions About the Market
By the end of this unit you will:
- ✓Recognise the market assumptions you may be carrying into your decision making.
- ✓Using the process described, begin to challenge any assumptions that exist.
Unit 11
Assumptions About Your System
By the end of this unit you will:
- ✓Recognise the system assumptions you may be carrying into your decision making.
- ✓Using the process described, begin to challenge any assumptions that exist.
Unit 12
A Trading Edge
By the end of this unit you will:
- ✓Understand what is meant by a trading edge.
- ✓Refocus your energy and efforts on doing the right things, at the right times, in the right way.
Unit 13
Trading Thinking — An Introduction
By the end of this unit you will:
- ✓Consider why looking at trading thinking could be important to your decision making.
- ✓Understand the difference between creative and critical thinking and the contribution of each to your trading.
- ✓Describe the presented process for trading a long-term idea.
Unit 14
Emotion and Trading — An Overview
By the end of this unit you will:
- ✓Recognise the role of emotion in trading and the four critical emotional facts.
- ✓Review the eight emotional actions checklist to gauge where you are now and what you could work on.