EP23 - How to Prevent ‘Losing Pain’ Affecting Your Decisions with Michael Melissinos

June 27, 2017

Do you allow the pain of taking a loss affect your next decisions with unpredictable impact on your profit results?

In this episode of your ‘Engineered Trading Mindset Experts Talk’ show Michael Melissinos of MelissinosTrading.com discusses how the emotions of anger, frustration and impatience skew your trading decisions and explains how he deals with this profit-killing issue.

“In This Episode…”

  • Are you influenced by others expectations? Learn why it is often better to ignore other people's 'opinions'.
  • Are you connected to yourself? Learn how self-awareness can be an essential skill for traders to develop.
  • Do you trade short-term trends? Learn the advantages Michael sees in long-term trend trading.
  • Do you get impatient? Learn why the decisions you make while in a state of impatience will often be wrong.
  • Are you connected to other traders? Learn the power of the 'Tribe' for accelerating your trading success.

Links & Resources Mentioned In This Episode:

Guest contact details: Website: MelissinosTrading.com Facebook: @MelissinosTrading Twitter: @mmelissinos

Book recommended in the show (available from Amazon):

New Market Wizards by Jack Schwager

Thanks for listening!

Thanks so much for joining us this week. We'd love to have you share your thoughts about this episode so now please leave us a comment below and it would also be great if you posted a review on iTunes!

(full disclosure - by clicking the links and purchasing the books or other products shown, you help to support this podcast through affiliate commission. Thank you!)

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