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Self-Management For Traders
Trading in futures can be treacherous to your wealth and to your overall health and well-being as well. No sooner than being out of the gate with a trade you may see yourself losing money. It is said that 95 percent or more of people who try trading in futures and their options end up summarily losing what they put down. Nonetheless, futures markets can be alluring.
Trading in futures requires dedicated and disciplined perseverance. Strong discipline and behavioral self-management helps greatly to cope with market movements and to maintain one’s wits. You may have trouble adjusting yourself to the discipline and lifestyle mindset required. Eg, when a trader in futures has a losing trade, she may panic and try to correct the situation with a move that puts her in a more precarious position.
If you have traded or want to trade commodities and feel frazzled, or tired, or anxious, overwhelmed, and generally just too stressed, Dr. Nancy Mroczek, a Behavioral Expert and former Licensed Commodities Trading Advisor, can help you with management of yourself and your trading for a more agreeable, smoother, and profitable result. She can help you manage your personal behavior, your risk management, and your trading discipline with behavior and goals tailored specifically to your unique person and style. Acquiring greater skill, behavior, and a lifestyle frame of mind required to deal with inevitable losses, decision making, reactions while trading, and adherence to disciplined perseverance can give trading in commodities futures a greater chance of success. Please email Dr. Mroczek at [email protected] with inquiries about Behavior Self-Management for Traders.
Go to Dr. Nancy’s Manage Your SELF article.
Self-Management for Traders: Disclaimer
Options and Futures are not suitable for all investors. The amount you may lose may be greater than your initial investment.
Trading futures can be harmful to your financial, mental, and physical health. The information taken from this website may be out-of-date or inaccurate. Any information taken from this website should not be substituted for that of a personal psychologist or doctor. Service provided on this website is not a substitute for psychological therapy. If you are noticing a change in your daily activities or wellness being due to commodities trading or for any other reason, you should contact a personal health care professional, or, if urgent, visit a hospital emergency room.