How I Reprogrammed Myself To Make $715,000 Trading

Introduction

In this tutorial, we will explore how to reprogram your mindset to achieve success in trading, inspired by Justin Werlein's journey to making $715,000 through trading. By following these steps, you can develop a disciplined trading approach and improve your trading psychology.

Step 1: Understand Your Current Mindset

• Reflect on your existing beliefs about trading.
• Identify any negative thought patterns or biases that may hinder your success.
• Consider journaling your thoughts to gain clarity on your mindset issues.

Step 2: Set Clear Goals

• Define what success looks like for you in trading.
• Break down your long-term goals into smaller, achievable milestones.
• Ensure your goals are specific, measurable, attainable, relevant, and time-bound (SMART).

Step 3: Develop a Trading Plan

• Create a structured trading plan that outlines:
  • Your trading strategy
  • Risk management rules
  • Entry and exit criteria
• Stick to your plan to minimize emotional decision-making.

Step 4: Embrace Continuous Learning

• Stay updated with market trends and trading strategies by:
  • Watching educational videos
  • Reading trading books
  • Joining trading communities
• Utilize platforms like the ICT Weekly Profile for market insights.

Step 5: Practice Journaling

• Use journaling as a tool to track your trades, thoughts, and emotions.
• Analyze your trading performance regularly to identify patterns and areas for improvement.
• Consider using an app like TradeMap to streamline your journaling process.

Step 6: Cultivate Discipline and Patience

• Recognize that trading is a marathon, not a sprint.
• Commit to following your trading plan and resist the urge to make impulsive trades.
• Practice mindfulness techniques to enhance your focus and emotional control.

Step 7: Seek Community Support

• Engage with other traders by joining forums or social media groups.
• Consider participating in live trading sessions to learn from experienced traders.
• Use platforms like Tactical Traders to connect with a trading community.

Conclusion

By following these steps, you can reprogram your mindset for successful trading. Focus on understanding your current beliefs, setting clear goals, developing a trading plan, and maintaining discipline. Remember that trading success is achieved through continuous learning and community engagement. Start implementing these strategies today to enhance your trading journey!