ELITE TRADERS PSYCHOLOGY COURSE 101:THE PSYCHOLOGICAL ELEMENT OF RISK PROGRAM

COURSE DESCRIPTION

Risk is an integral element of trading,traders make or lose money based on how they treat their investment capital.
A trader who thrives always trades on low risks while the losing trader is so as a result of the high risk inherent in their decisions.What looks like low risk may actually be harboring an immense level of risk because risk is absolute in nature yet subjective in the trader’s perception.
For example a trader who defines low risk as never losing money will love a system that gives them money 90% of the time regardless of whether the risk reward is 1:0.2.In such a situation the person needs only to lose once and he will have to recover by winning the next 10 trades.
This kind of trader will fear a system that is 30% right with a risk reward ratio of 1:5.In their estimation they believe the system is to risky since they will have to lose more.Less losses doesnt amount to less risk in most cases however.
These are the common definitions people carry with them and as they look for systems and trading strategies.Some traders believe low risk equals a high win rate while others believe low risk equals high expectancy. This course is about introducing all the important concepts of risk plus their respective psychological perspective.
It is also important to note that a trader’s cognitive biases affect how they trade,what they trade,when they trade and what kind of system that they trade. The decisions above in turn affect how profitable a trader will be in the end.This course is a very integral program for the professional trader given that it redefines risk and how to treat risk to make money consistently.

COURSE MODULES

1.THE GOLDEN RULES OF TRADING
2.WHY PREDICTING IS AN ERROR BUILT IN MOST TRADING SYSTEMS
3.WHY 95% OF TRADERS FAIL AND WHY IT IS HARD FOR MOST PEOPLE
4.HOW PERSONALITY INFLUENCES TRADING RESULTS
5.COMPULSIVE TRADING MODELS AND WHAT IT SAYS ABOUT SELF RESTRAINT
6.WHY TRADERS SUCCEED DEMO TRADING AND FAIL IN LIVE MARKETS
7.COGNITIVE BIASES THAT AFFECT HOW WE TRADE SYSTEMS
8.COGNITIVE BIASES THAT AFFECT HOW WE DESIGN TRADING SYSTEMS
9.COGNITIVE BIASES THAT AFFECT HOW WE PROCESS INFORMATION
10.HOW TRADING STRESS AFFECTS INFORMATION ATTRITION
11.THRILL SEEKING TENDENCIES IN TRADERS
12.RISK FRAMING AND TRADING CHOICES

MODE OF LEARNING

• Webinars
• SCORM written formats

HOW IS THE COURSE TAUGHT

The course is taught online using online webinar for group coaching.

All admissions are not automatic and students need to qualify based on a preset parameter.

Kindly contact us to check whether the course would be a good fit for you.