Practices for Successful Trading: Establishing Routines and Correct Mental Habits
Roman Bogomazov and Bruce Fraser have created a new webinar series to help traders and investors adopt or refine habits – psychological and analytical – needed to acquire mastery of the Wyckoff Method of trading. Anyone who has been trading for more than a few months knows how normal human emotions can lead to self-sabotage and trading losses. The “smart money” (or in Wyckoffian terms, the Composite Operator) extracts enormous profits from retail traders by exploiting these emotions and forcing behavioral errors. Without appropriate attitudes and habits, even traders skilled in chart analysis can often be wrong-footed by large market operators.
However, through many years of trading and teaching, Roman and Bruce have identified and distilled critical mental practices and behaviors that can help traders decisively put the odds back in their favor. They share their insights with you in these two webinars (totaling 5 hours of instruction), and present and discuss:
- Beliefs: Traders’ beliefs about trading and the Wyckoff Method and how their beliefs affect their results
- Routines: The central importance and key elements of any Wyckoff trader’s routines (including examples of what we do)
o Pre-trade analysis
o Trade analysis and management
o Post-trade analysis
- Correcting behaviors:
o Identification of common behavioral mistakes in trading
o How to recognize and correct those mistakes both in real time and in subsequent trades
- Letting trades come to you:
o Learning to let the market set itself up for a trade
o Patience, meditation, and other spiritual practices in trading
- How to practice:
o As in music, sports and other areas, success in trading depends not just on how much, but on how well you practice.
o Deliberate practice: quantitative and qualitative approaches to trading practice
- Creating your own ecosystem for successful trading!
These webinars are primarily designed to help intermediate and novice traders establish attitudes, habits and routines necessary for continuous improvement and success in the markets.
Each video has an accompanying handout of the slides used in the presentation. These can be printed out to take notes on as you watch the videos. You will have one full year from the date of purchase to view and review these videos!
Disclaimer:
The materials presented in this video course are for educational purposes only and should not be construed as investment advice. Roman Bogomazov and Bruce Fraser (“Presenters”) are not registered investment advisors or broker-dealers and do not purport to recommend which securities individuals should buy or sell. You understand and acknowledge that there is a very high degree of financial risk involved in trading securities. You alone are responsible for your trading and investment decisions. Presenters assume no responsibility or liability of any kind for your trading and investment results. It should not be assumed that investments in or trading of securities, options, futures, ETFs, companies, sectors or any other markets identified and described in this course were, are or will be profitable.
Roman Bogomazov is a trader and educator specializing in the Wyckoff Method of trading and investing, which he has taught for the last five years as an Adjunct Professor at Golden Gate University. He is also the founder and President of Wyckoff Analytics, LLC, an enterprise providing online Wyckoff Method education to traders throughout the world (www.wyckoffanalytics.com). Roman has developed a comprehensive educational curriculum covering basic to advanced Wyckoff concepts and techniques, as well as visual pattern recognition and real-time drills to enhance traders’ skills and confidence. In the last three years alone, he has conducted over 700 classes and presentations, and has taught collaboratively with many Wyckoff experts and traders. Using WyckoffAnalytics.com as a thriving trading community platform, he has come to be known as a teaching authority on the Wyckoff Method by traders around the globe. A dedicated and passionate Wyckoffian, Roman has used the Wyckoff Method exclusively for his own trading for the last 20 years. He has also served as a Board Member of the International Federation of Technical Analysts and as Past President of the Technical Securities Analysts Association of San Francisco.
Bruce Fraser has been teaching graduate courses in Technical Analysis at Golden Gate University since 1987. Along with Dr. Hank Pruden, he has developed curriculum for and taught many courses in the Technical Analysis Graduate Certificate Program, including Technical Analysis of Securities, Strategy and Implementation, Business Cycle Analysis and the Wyckoff Method. Bruce has been a devoted Wyckoffian for the past 35 years, using this method as the foundation for his trading and investing. He continues to enjoy team teaching Wyckoff courses with Dr. Pruden. Bruce publishes a popular educational blog at StockCharts.com entitled “Wyckoff Power Charting”.