A

• abdominal breathing, 136–137
• ability
  • compared with luck, 218–219
  • in performance formula, 52
• acceptance
  • of emotions as a source of information, 32–34
  • in five-phases model, 125
  • of weaknesses, 46–47
• accountability report, 104
• acknowledging risks of storytelling, 160–161
• active position management, 80–81
• admitting failure, 169
• adrenaline, 24, 230
• affirmations, 129–132, 133
• Akerlof, George, 211
• alternate nostril breathing, 138
• ambiguity aversion, 194
• American Psychological Association
  • The Road to Resilience guide, 32
• amygdala, 230
• analysis
  • error, 216
  • market, 21–22
  • psychological, 91–93
  • root cause, 216
  • self-analysis, 21–22
  • technical, 42–43, 91, 259
• analytical logical powers of thought, 15
• anchoring, 142–146
• anger and rage phase, in five-phases model, 124
• answering scaling questions, 92–93
• anterior insula, 180
• anti-Martingale System, 175
• anxiety
  • about, 139–140
  • baseless groundless, 227
  • breathing techniques for, 137–138
  • compared with fear, 225–226
  • harmonizing body and mind, 140–146
  • techniques for coping with, 139–149
  • working with images in your mind, 146–149
• aptitude, gauging, 52–60
• asking questions, 134
• assessing
  • aptitude, 52–60
  • consequences, 236–237
  • probabilities, 191–192
  • profit announcement drift, 212–213
  • trading day, 264–265
• attitude, inner, 251
• autogenic training, 110
• availability biases, 193
• availability heuristics, 193
• averaging down strategy
  • about, 248–249
  • deploying, 174–175
• avoiding
  • cognitive dissonance, 170
  • mistakes, 187–197
  • psychological traps, 245–250
  • self-fulfilling prophecies, 231
  • stress traps, 23–27
  • tunnel vision, 102–105

B

• back test, 40
• balancing
  • cognition and emotion, 255
  • opportunities, 66–68
• bank run, 207
• bargaining phase, in five-phases model, 125
• barriers to entry, 39
• baseless groundless anxiety, 227
• behavioral patterns
  • creating successful, 96–97
  • recognizing issues causing, 93–94
  • replacing harmful, 94–95
  • typical human, 14–15
• best case scenario, 29
• bias
  • availability, 193
  • confirmation, 155
  • hindsight, 219–221
  • home, 195
  • optimism, 222–223
  • overconfidence, 221–222
  • status quo, 197, 241
• bird's-eye view, 141–142
• body, harmonizing with the mind, 140–146
• brain
  • about, 11–12
  • energy-saving mode for, 156
  • human barriers to success of trading, 12
  • neurofinance and, 13–14
• brain scanner, 13
• brain-compatible trading, 175
• Branden, Nathaniel, 221
• breathing techniques
  • abdominal breathing, 136–137
  • about, 27
  • alternate nostril breathing, 138
  • mastering, 136–138
  • targeted breathing exercises, 110
• Buffett, Warren, 178
• building
  • affirmations, 133
  • clarity, 93
  • emotional defenses, 134–136
  • networks, 105
  • sense of community, 238–239
  • successful behavioral patterns, 96–97
  • the world you want, 167–169

C

• capital protection, prioritizing, 252
• cash in, resisting urge to, 68
• chair swap visualization exercise, 118–119
• change
  • motivating yourself for, 51
  • of your perspective, 170
• change competence skills, developing, 49–50
• change processes, initiating in trance states, 111
• channeling dangerous emotions, 156–157
• Cheat Sheet (website), 8
• Churchill, Winston, 191
• clarity, creating, 93
• Coates, John, 233
• cognition, balancing with emotion, 255
• cognitive dissonance
  • about, 168
  • avoiding, 170
  • reducing, 216
• collective restraint, 204
• community, creating sense of, 238–239
• compulsive acts, 233
• confirmation bias, 155
• consequences, assessing, 236–237
• conservatism, 212
• contrarianism, 250
• control
  • fear of loss of, 24
  • illusion of, 217
• controlling
  • defensive reactions to fear, 229–230
  • dominance of emotions, 226–228
  • emotions, 263–264
  • fear, 231–239
  • gross oversimplifications, 155–156
  • information overload, 209–212
  • losses, 74–81
  • mental images, 147–148
  • mental images from the past, 192–194
  • mental loss, 253
  • momentum effect, 173
  • ongoing trades, 262–263
  • opportunities, 64–65, 253
  • optimism bias, 222–223
  • overconfidence bias, 221–222
  • overviews in face of information overload, 157–160
  • parameters, 262
  • past trading errors, 221
  • positions actively, 80–81
  • risks, 260
• coping
  • with losses, 121–138
  • strategies for, 97
• cortisol, 230, 233
• creating
  • affirmations, 133
  • clarity, 93
  • emotional defenses, 134–136
  • networks, 105
  • sense of community, 238–239
  • successful behavioral patterns, 96–97
  • the world you want, 167–169
• creative ideas, developing, 103
• crisis situations, developing strategies for, 230–231

• The Crowd: A Study of the Popular Mind (Le Bon), 205

D

• DAX, 195
• decision-making
  • about, 153, 171
  • acknowledging risks of storytelling, 160–161
  • channeling dangerous emotions, 156–157
  • fear of loss and, 179–183
  • managing gross oversimplifications, 155–156
  • managing overviews in face of information overload, 157–160
  • recognizing systematic perceptual disorders, 153–154
  • secrets of success and, 177–179
  • selective perception and, 172–176
  • telling trading stories, 161–163
  • tracing selective perceptions, 154–155
• defensive reactions, to fear, 229–230
• demo accounts
  • about, 38–39
  • paper trading, 39–42
  • psychological traps and, 245–246
• denial phase, in five-phases model, 124
• deploying averaging down strategy, 174–175
• depression and grief, in five-phases model, 125
• desire, in performance formula, 52
• Deutsche Bank, 233
• Deutsche Telekom, 183, 192
• developing
  • change competence skills, 49–50
  • creative ideas, 103
  • effective affirmations, 131–132
  • mental strategies for coping with losses, 126–138
  • mental strength, 19–34
  • personal trading system, 37–61
  • positive conversations with yourself, 112–115
  • strategies for crisis situations, 230–231
  • trader personality, 99–100
  • trading strengths, 46–61
• differentiating, 96
• discovering slowness, 212–214
• disposition effect, 172–173, 188
• dissociations, 142
• distressing mental state, 168
• dividend stocks, 242
• domino effect, 207
• dopamine, 237
• doubling down, 248–249
• drawdown, 75–77, 79
• dumb money, 202

E

• ego, trading, 215–223, 246–247
• Einstein, Albert, 103
• emotional contagion
  • about, 205–207
  • fear of missing out (FOMO), 207–208
  • there is no alternative (TINA), 208
• emotional decision-making, 167
• emotional defenses, building, 134–136
• emotional distance, gaining, 69–71
• emotional patterns, 97
• emotional stress, abdominal breathing for, 136–137
• emotional stress axis, 227
• emotions
  • accepting as a source of information, 32–34
  • balancing with cognition, 255
  • channeling dangerous, 156–157
  • controlling, 263–264
  • dominance of, 226–228
  • effect on behavior, 193
• endowment effect, 196
• English Barings Bank, 176
• entry, barriers to, 39
• environment, in performance formula, 52
• Epstein, Lisa
  • Trading For Dummies, 4th Edition, 64
• error analysis, 216
• ESMA (European Securities and Markets Authority), 74
• establishing new habits, 97–98
• ETFs (exchange traded funds), 103
• European Securities and Markets Authority (ESMA), 74
• evaluating
  • aptitude, 52–60
  • consequences, 236–237
  • probabilities, 191–192
  • profit announcement drift, 212–213
  • trading day, 264–265
• evolutionary rules
  • about, 165
  • avoiding cognitive dissonance, 170
  • creating the world you want, 167–169
  • humility compared with “I told you so,” 169–170
  • leveraging mental shortcuts under pressure, 166
• Example icon, 8
• exchange traded funds (ETFs), 103
• expectations, of success rate, 247
• experience, learning from, 22–23
• expert knowledge, 15
• explicit pattern recognition, 43–44
• eye fixation method, 110

F

• facing your fears, 235–236
• failure
  • admitting, 169
  • fear of, 229
• false beliefs, letting go of, 24–25
• Fama, Eugene, 159
• fear
  • about, 225–226
  • compared with anxiety, 225–226
  • defensive reactions to, 229–230
  • dominance of emotions and, 226–228
  • facing, 235–236
  • of failure, 229
  • of loss, decision-making and, 179–183
  • of loss of control, 24
  • managing, 231–239
  • putting into context, 234–235
  • recognizing effect of, 228–231
  • of regret, 239–242
• fear of massively underperforming (FOMU), 208
• fear of missing out (FOMO), 207–208
• Festinger, Leon
  • A Theory of Cognitive Dissonance, 168
• Feuchtersleben, Ernst von, 239
• fight mode, 230
• fight-or-flight mechanism, 176, 226
• filtering information, 260–261
• financial press, role of, 162–163
• finding
  • markets, 100–101
  • personal trading style, 254–255
  • solutions, 95–97
• five-phases model, 124–125
• flexibility, importance of, 60–61, 246
• flight mode, 230
• FMRI (functional magnetic resonance imaging), 13
• focusing on solutions, 96
• following trends, 202–203
• FOMO (fear of missing out), 207–208
• FOMO trade, 207–208
• FOMU (fear of massively underperforming), 208
• Fontane, Theodor, 219
• framing effect, 190–191
• Frankl, Viktor, 26
• frozen in shock, 230
• functional magnetic resonance imaging (FMRI), 13
• future, visualizing the, 148–149

G

• gaining emotional distance, 69–71
• generating
  • affirmations, 133
  • clarity, 93
  • emotional defenses, 134–136
  • networks, 105
  • sense of community, 238–239
  • successful behavioral patterns, 96–97
  • the world you want, 167–169
• genetic makeup, 15
• German Central Bank, 74
• Gladwell, Malcolm
  • Outliers, 17
• goal-setting, importance of, 23, 31, 247
• Godmode Trader (website), 105
• greed, keeping in check, 71–74
• grief cycle, 124–125
• gross oversimplifications, managing, 155–156
• guiding principles, 257–266
• gut decisions, 46

H

• habits, establishing new, 97–98
• harmonizing body and mind, 140–146
• Hebb, Donald, 16
• herd behavior
  • collective, 203
  • logic behind, 201
  • rationality of, 203–205
• heuristics, 155
• hindsight bias, 219–221
• hit rate, 76
• holy grail strategy, 20
• home bias, overcoming, 195
• House Money mental account, 181
• human behavioral patterns
  • creating successful, 96–97
  • recognizing issues causing, 93–94
  • replacing harmful, 94–95
  • typical, 14–15
• human brain
  • about, 11–12
  • energy-saving mode for, 156
  • human barriers to success of trading, 12
  • neurofinance and, 13–14
• humans, as social beings, 200–201
• humility
  • compared with “I told you so,” 169–170
  • compared with pride, 219
  • importance of, 253–254

I

• “I” perspective, 147
• “I told you so,” humility compared with, 169–170

• icons, explained, 7–8
• identifying inner resistance, 132–134
• illusion of control, 217
• implementing trading plans, 63–81
• increasing resilience, 27–34
• information
  • filtering, 260–261
  • managing overload, 209–212
  • managing overviews in face of overload, 157–160
• initiating change processes in trance states, 111
• inner attitude, 251
• inner resistance, identifying and resolving, 132–134
• instinct, 182
• internal dialogues, 111–112
• Internet resources
  • Cheat Sheet, 8
  • Godmode Trader, 105
  • KODE competence model, 53
  • MSA procedure, 55
  • Trading View, 105
• interpreting profiles, 58–60
• intuitive pattern recognition, 44–46

J

• journal
  • about, 85–86
  • basics of, 86–90
  • establishing new habits, 97–98
  • finding solutions, 95–97
  • to help with losses, 122
  • importance of, 254
  • psychological analysis, 91–93
  • recognizing issues causing behavioral patterns, 93–94
  • replacing harmful patterns, 94–95
  • setting up rules, 97–98
  • technical analysis, 91

K

• Kahneman, Daniel, 179–180, 182, 196, 209
• Keynes, John Maynard, 169, 175
• KODE competence model, 53–54
• Kostolany, André, 202, 211
• Kübler-Ross, Elisabeth, 124–125

L

• Lao Tzu, 247
• laws of motion, 202
• Le Bon, Gustav
  • The Crowd: A Study of the Popular Mind, 205
• learning
  • to anchor, 143
  • from experience, 22–23
  • from your mistakes, 215–217, 265–266
• Leeson, Nick, 175–176
• Lennon, John, 197
• leveraging mental shortcuts under pressure, 166
• limbic system, 34, 73–74, 180
• limiting beliefs, 229
• limiting portfolio risks, 75–78
• Livermore, Jesse, 42
• losing streaks, surviving, 78–79
• losses
  • about, 121–122
  • averaging down strategy, 248–249
  • aversion to, 179–180
  • of control, fear of, 24
  • coping with, 121–138
  • developing mental strategies for coping with, 126–138
  • fear of, decision-making and, 179–183
  • grief cycle, 124–125
  • journaling, 122
  • managing, 74–81
  • preventing, 180–181
  • reframing, 127–129
  • registering psychological impact of, 122–125
• luck, compared with ability, 218–219
• Lynch, Peter, 163

M

• managing
  • defensive reactions to fear, 229–230
  • dominance of emotions, 226–228
  • emotions, 263–264
  • fear, 231–239
  • gross oversimplifications, 155–156
  • information overload, 209–212
  • losses, 74–81
  • mental images, 147–148
  • mental images from the past, 192–194
  • mental loss, 253
  • momentum effect, 173
  • ongoing trades, 262–263
  • opportunities, 64–65, 253
  • optimism bias, 222–223
  • overconfidence bias, 221–222
  • overviews in face of information overload, 157–160
  • parameters, 262
  • past trading errors, 221
  • positions actively, 80–81
  • risks, 260
• market analysis
  • compared with self-analysis, 21–22
  • sufficiency of, 21
• market dips, 208
• market efficiency hypothesis, 159, 212
• markets, finding, 100–101
• Martingale System, 174–175
• mastering breathing techniques, 136–138
• McCartney, Paul, 197
• measuring
  • aptitude, 52–60
  • consequences, 236–237
  • probabilities, 191–192
  • profit announcement drift, 212–213
  • trading day, 264–265
• mental accounting, 181
• mental images
  • managing, 147–148
  • managing from the past, 192–194
• mental loss, managing, 253
• mental preparation, importance of, 261–262
• mental resilience, 27–34
• mental strategies, developing for coping with losses, 126–138
• mental strength
  • about, 19
  • avoiding stress traps, 23–27
  • developing, 19–34
  • increasing resilience, 27–34
  • preparing the mind, 20–23
• Merkel, Angela, 207
• mind
  • harmonizing with the body, 140–146
  • preparing the, 20–23
• mistakes
  • admitting, 169
  • avoiding, 187–197
  • learning from your, 215–217, 265–266
• momentum effect, managing, 173
• momentum strategies, 173
• Montier, James, 218–219
• motivating yourself for change, 51
• MSA procedure, 55–58

N

• narratives, 160–161
• Navy SEALs, 137
• negative self-talk, 112
• negative stress, 24, 25
• negative thought patterns, 113–115
• nervousness, alternate nostril breathing for, 138
• networks, building, 105
• neurofinance, 13–14
• neurolinguistic programming (NLP) model, 30–31, 96, 119, 127–128, 139, 143
• neuronal plasticity, 16
• neuroscientific discoveries, leveraging, 16–17
• Newton, Isaac, 202
• noise, 209
• nucleus accumbens (NAc), 73–74

O

• Obama, Barack, 130
• ongoing trades, managing, 262–263
• opportunities
  • balancing, 66–68
  • managing, 64–65, 253
  • taking advantage of, 213–214
• opportunity costs, 183
• optimism bias, managing, 222–223
• Outliers (Gladwell), 17
• overcoming home bias, 195
• overconfidence, in trading, 29
• overconfidence bias, 221–222
• overlay strategies, 213
• overtrading, 248
• ownership thinking, 196

P

• painful experiences, anchoring and, 143
• panic mode, 230
• paper trading, 39–42
• parameters, managing, 262
• patience, 25
• pattern recognition
  • about, 42–43
  • explicit, 43–44
  • importance of, 246
  • intuitive, 44–46
• Pavlov's dog, 144
• PEAD (post-earnings-announcement drift), 213
• perception, reality vs., 30
• performance formula, 52
• personal competence profile, 52–54
• personal motive profile, 54–60
• personal trading style, finding, 254–255
• personal trading system
  • about, 37–38
  • demo accounts, 38–42
  • developing, 37–61
  • pattern recognition, 42–46
  • recognizing and developing strengths, 46–61
• personality
  • about, 85
  • developing, 99–100
  • finding markets for your, 100–101
  • getting to know your, 98–102
  • sovereign, 102
  • success factors and, 17–18
  • trading as, 85–105
• perspective
  • changing your, 170
  • for reference points, 187–188
• physical activity, stress reduction through, 232–234
• planning for the unexpected, 259–260
• Play Money mental account, 181
• portfolio risks, limiting and recognizing, 75–78
• position size, 27, 176
• positions, managing actively, 80–81
• positive affirmations, 131–132, 133
• positive stress, 23–24
• positive thinking, 129–134
• post-earnings-announcement drift (PEAD), 213
• power of positive thinking, 129–134
• practicing
  • self-reflection, 235–236
  • success factors and, 17–18
• preparing the mind, 20–23
• pressure, leveraging mental shortcuts under, 166
• preventing losses, 180–181
• pride, compared with humility, 219
• prioritizing capital protection, 252
• probabilities, assessing, 191–192
• processes
  • about, 50–51
  • levels for, 23
  • success factors and, 17–18
• process-oriented trading approach, 252
• profiles, interpreting, 58–60
• profit announcement drift, gauging, 212–213
• progressive muscle relaxation techniques, 110
• promoting self-confidence/self-esteem, 115–119
• prospect theory, 179–180
• psychological analysis, in trading journals, 91–93
• psychological traps, avoiding, 245–250
• psychology, recognizing, 201–202
• pyramid trading strategy, 178, 249

Q

• questions, asking, 134

R

• Raschke, Linda Bradford, 20
• rational decision-making, 167
• reality, perception vs., 30
• real-time test, 40
• recognizing
  • effect of fear, 228–231
  • fear is a bad advisor, 69
  • issues causing behavioral patterns, 93–94
  • portfolio risks, 75–78
  • psychology, 201–202
  • systematic perceptual disorders, 153–154
  • trading strengths, 46–61
• recurring messages, contagion of, 210–212
• reducing stress, 25–27
• reference points, putting in perspective, 187–188
• reflective mirroring exercise, 117–118
• reflexes, 15
• reframing losses, 127–129
• registering psychological impact of losses, 122–125
• regret, fear of, 239–242
• relaxation exercises, 27
• Remember icon, 8
• repetition, anchoring and, 143
• replacing harmful behavioral patterns, 94–95
• resilience
  • increasing, 27–34
  • personality development and, 100
• Resilience For Dummies (Selhub), 29, 100
• resisting urge to cash in, 68
• resolving inner resistance, 132–134
• resources, Internet
  • Cheat Sheet, 8
  • Godmode Trader, 105
  • KODE competence model, 53
  • MSA procedure, 55
  • Trading View, 105
• responsibility, taking, 254
• restlessness, alternate nostril breathing for, 138
• revenge trading, 248
• Rheinisch-Westfälische Techniscje Hochschule Aachen/Aachen University, 214
• risk tolerance
  • about, 189–190
  • ambiguity aversion, 194–195
  • assessing probabilities, 191–192
  • endowment effect, 196
  • framing effect, 190–191
  • managing mental images from the past, 192–194
  • overcoming home bias, 195
  • status quo bias, 197
  • synchronizing, 189–197
• risk/reward ratio (R/R ratio), 66–68, 175
• risks
  • managing, 260
  • or storytelling, 160–161

• The Road to Resilience guide, 32

• root cause analysis, 216
• Roze, Grayson D.
  • Trading For Dummies, 4th Edition, 64
• R/R ratio, 66–68, 175
• Rückert, Friedrich, 216
• rules, setting up, 97–98

S

• scaling questions, answering, 92–93
• selective perceptions
  • decision-making and, 172–176
  • tracing, 154–155
• self hypnosis
  • about, 109
  • developing positive conversations with yourself, 112–115
  • initiating change processes in trance states, 111
  • internal dialogues, 111–112
  • promoting self-confidence/self-esteem, 115–119
  • types of, 110
• self-acceptance, 99
• self-analysis, compared with market analysis, 21–22
• self-attribution, 218
• self-awareness, 99
• self-coaching
  • about, 107–109
  • self hypnosis, 109–119
• self-confidence
  • promoting, 115–119
  • in trading, 29
• self-discipline, 203, 226–227
• self-efficacy, 51
• self-enhancement, 218
• self-esteem
  • about, 218
  • promoting, 115–119
• self-fulfilling prophecies, avoiding, 231
• self-knowledge, 57
• self-reflection, practicing, 235–236
• self-talk, negative, 112
• self-transformation, 99
• Selhub, Eva
  • Resilience For Dummies, 29, 100
• setting stop-loss limits, 79–80
• setup(s)
  • of rules, 97–98
  • trading, 20
• Shiller, Robert, 201, 211
• Sinek, Simon
  • Start with Why: How Great Leaders Inspire Everyone to Take Action, 90
• sixth sense, 44–45
• slowness, discovering, 212–214
• smart money, 202
• solution focus method, 95
• solutions, finding, 95–97
• somatic markers, 45
• sovereign trader personality, 102
• Start with Why: How Great Leaders Inspire Everyone to Take Action (Sinek), 90
• status quo bias, 197, 241
• Steenbarger, Brett, 64, 100
• Sternberg, Joseph von, 119
• stock exchange
  • about, 199–200
  • discovering slowness, 212–214
  • emotional contagion, 205–208
  • following the trend, 202–203
  • herd behavior, 203–205
  • humans as social beings, 200–201
  • managing information overload, 209–212
  • psychology and, 201–202
• stop-loss limits
  • about, 181
  • setting, 79–80
• storytelling, acknowledging risks of, 160–161
• Stott, Catherine, 117–118, 127, 135, 148–149
• stress
  • about, 139–140
  • avoiding traps, 23–27
  • breathing techniques for anxiety paired with, 137–138
  • emotional stress axis, 227
  • harmonizing body and mind, 140–146
  • information overload and, 157
  • negative, 24, 25
  • positive, 23–24
  • reducing, 25–27
  • reducing through physical activity, 232–234
  • techniques for coping with, 139–149
  • working with images in your mind, 146–149
• stress hormones, 232–233
• success
  • expectations and rate of, 247
  • tips for, 251–255
  • visualizing, 237–238
• surviving losing streaks, 78–79
• synaptic plasticity, 16
• synchronizing risk tolerance, 189–197
• systematic perceptual disorders, recognizing, 153–154
• systemic therapy formats, 95

T

• tabloid newspaper syndrome, 210
• talent, success factors and, 17–18
• talking to yourself, 111–112
• targeted breathing exercises, 110
• targeted stress reduction, 25–27
• team-trading, 102–105
• technical analysis
  • about, 42–43
  • importance of, 259
  • in trading journals, 91
• Technical Stuff icon, 8
• telling trading stories, 161–163
• tenbagger, 163
• Thatcher, Margaret, 208

• A Theory of Cognitive Dissonance (Festinger), 168

• there is no alternative (TINA), 208
• thought patterns, negative, 113–115
• throwing-good-money-after-bad behavior, 176
• time frames, 23
• Tip icon, 8
• tracing selective perceptions, 154–155
• trader personality
  • about, 85
  • developing, 99–100
  • finding markets for your, 100–101
  • getting to know your, 98–102
  • sovereign, 102
  • success factors and, 17–18
  • trading as, 85–105
• trading
  • human barriers to success of, 12
  • as personality development, 85–105
  • success factors for, 17–18
  • team-, 102–105
• trading day, evaluating, 264–265
• trading ego, 215–223, 246–247
• trading errors, managing past, 221
• Trading For Dummies, 4th Edition (Epstein and Roze), 64
• trading frequency, 260
• trading journal
  • about, 85–86
  • basics of, 86–90
  • establishing new habits, 97–98
  • finding solutions, 95–97
  • to help with losses, 122
  • importance of, 254
  • psychological analysis, 91–93
  • recognizing issues causing behavioral patterns, 93–94
  • replacing harmful patterns, 94–95
  • setting up rules, 97–98
  • technical analysis, 91
• trading plans
  • about, 63–64
  • balancing opportunities and risks (risk/reward ratio), 66–68
  • gaining emotional distance, 69–71
  • implementing, 63–81
  • keeping greed in check, 71–74
  • managing losses, 74–81
  • managing opportunities, 64–65
  • recognizing fear is a bad advisor, 69
  • resisting urge to cash in, 68
• trading setups, 20
• trading stories, telling, 161–163
• trading strengths, recognizing and developing, 46–61
• Trading View (website), 105
• trailing stop, 176
• trance states, initiating change processes in, 111
• tranquility, finding with anchoring, 142–146
• trends, following, 202–203

• “the trend is your friend” myth, 179

• tunnel vision, avoiding, 102–105
• Tversky, Amos, 179–180, 182

U

• unconscious reactions, 15
• unexpected, planning for the, 259–260

V

• visualization exercise, 118–119
• visualizations
  • abdominal breathing and, 137
  • of success, 237–238
  • using, 146–149

W

• Warning icon, 8
• weaknesses, accepting, 46–47
• Weber, Bernd, 13
• websites
  • Cheat Sheet, 8
  • Godmode Trader, 105
  • KODE competence model, 53
  • MSA procedure, 55
  • Trading View, 105
• why questions, 134
• winner's mindset, 237–238

• the world you want, creating, 167–169

• worst case scenario, 29

Y

• yourself
  • developing positive conversations with, 112–115
  • talking to, 111–112