What is Zen Trading?
Self-discipline is the first step towards success
Trading can take an emotional toll on both novice and experienced traders alike. Psychological states such as increased heart rate, blood pressure, anxiety, and stress inherent in the flight-or-fight response - designed to help us quickly respond in a dangerous situation - are commonplace when trading, restricting clear thinking and blocking the ability to make sound decisions. Over time, such states can have a detrimental effect on relationships, personal health, and well-being.
Unfortunately, this is often overlooked as part of the job requirements - sadly leading many to self-medicate through substances and other maladaptive behaviors. Help is available however, there is no need to suffer in silence: it's possible to learn valuable coping mechanisms that will allow you to maintain optimal mental health while honing what can be an unimaginably rewarding skill.
Zen trading provides traders and people working in finance with the tools to stay calm, clearheaded, and in control while making important decisions. It is based on traditional evidence-based treatments designed to help traders quickly and effectively manage their psychological reactions. Led by Gyasi Bramos Hantman, a psychotherapist with 20 years of market experience, this program offers traders the support they need to make sound decisions without letting their emotions get in the way.
Trading psychology refers to
the mental and emotional
factors that influence a trader's
decisions and behavior.
It is an important aspect of
trading because it can have a significant impact on a trader's success or failure.
The Psychology of trading
Here are some key psychological factors that can affect traders:
Fear: Fear can lead traders to make hasty or irrational decisions, such as selling a stock too early or holding on to a losing position for too long.
Greed: Greed can lead traders to take on too much risk or to make impulsive trades in the hopes of making a quick profit.
Confidence: Confidence can be a positive psychological trait for traders, as it can help them make calm, rational decisions. However, overconfidence can lead to risky or reckless trading.
Emotional attachment: Some traders may become emotionally attached to a particular trade or investment, which can cloud their judgment and lead to poor decision-making.
Loss aversion: The fear of losing money can lead traders to avoid taking risks or to hold on to losing positions for too long.
To manage these psychological factors, it is important for traders to develop a trading plan and stick to it, as well as to maintain a disciplined approach to risk management. It can also be helpful for traders to work with a mentor or coach to help them develop the skills and mindset needed for successful trading.
OVERVIEW (first 5 sessions)
Evaluate your trading methods, environment, beliefs about success and financial freedom
Examine life/work balance
Overview of the psychology of trading and examining physiological states
Introduction to techniques & practices for management of these states.
Evaluate the effectiveness and use of techniques
Identify areas of trader weakness and
analyze their causes
Reinforce techniques & practices.
Through online Zoom sessions.
Online session per week - 60 min each.