Psychology & Mind Archives

Trading Psychology with Norman Hallett

In October 2000, Norman Hallet and his wife Tisha co-founded the Subconscious Training Corporation.

In July 2008, they created The Disciplined Trader Intensive Program. This training program merges Norman Hallett’s background as an entrepreneur, mathematician and CTA with Tisha’s background as a subconscious trainer.

Just to avoid confusion, The Disciplined Trader is (as far as we can see) nothing to do with The Disciplined Trader book by Mark Douglas (also of Trading in The Zone fame).

Many people assume that it is their trading system that is to blame when things go wrong, but often this is not the case: have you ever wondered why some traders love a particular system and are making money but another group are losing, despite using the same system? Some of this comes down to money management but a bigger part is due to discipline and the mental aspect of trading.

Regardless of whether you have problems with staying disciplined when trading (e.g. getting bored and placing orders “to see what happens”) and not sticking to the trading plan, or if you have psychological issues: for example not pulling the trigger through fear or “paralysis by analysis”, or not letting a winning trade run, this course is designed to help.

What is Offered with this Trading Psychology Course?

The course offered by the Hallet’s and their team is almost certainly the most comprehensive around at the moment.

A lot is on offer and they take a holistic approach with a panel of six experts (including Norman and Tisha).

They offer:

  • Subconscious training and affirmations – train your subconscious to overcome your trading psychology challenges.
  • Life Training (for everything in life including training)
  • Articles and eBook library.
  • A Members Forum.
  • Interviews.
  • Conferences.
  • A selection of trading system reviews.
All in all it is hard to think of another trading psychology site that offers so much, and at just $47 a month the price is hard to beat too.

Is Trading Psychology Really Important?

Here at Forex FX Trader, one thing that we find repeatedly with traders is that trading psychology is by FAR the biggest problem people have.

After a while, entries on trades are the easiest thing. It’s how you manage the trade and your emotions that stops most intermediate traders moving to the next level and it is absolutely imperative that you master the trading psychology aspect if you want to be profitable on an ongoing basis.

Therefore we recommend that, if you are struggling with this part of trading (and most people either will do or are now), then you need to address it to achieve your goals. The training offered by Norman Hallett is definitely worth trying.

We wish you good luck with your trading psychology 

Trading Psychology

MindMovies Review

MindMovies

MindMovies

MindMoviews.com is an incredibly popular website dedicated to a 21st Century approach to the Law of Attraction. The site teaches Law of Attraction principles, and specifically how to visualize what you want to achieve your goals and dreams.

Now before I go any further talking about MindMovies, I’m sure a few of you are thinking “what a lot of rubbish”!

Frankly, 20 years ago I would have agreed with you. I remember a former business partner was a huge fan of Jeffrey Gitomer’s The Sales Bible - which advocates sticking Post It Notes everywhere and constantly telling yourself how brilliant/amazing/genius you are. I wasn’t very impressed. :)

However, over the last few years my attitude has changed dramatically. As many of you know, I am a qualified Spanish FA soccer coach and during my training, I came to learn how much emphasis is put on the psychological aspect of the game.

There is a huge amount now that focuses on visualization and mentally preparing for success. In addition, the top players in soccer and many other sports now spend massive amounts of time working on “muscle memory” training. This is basically training the brain to respond in a subconscious manner to a given situation – meaning the athlete can perform a move or skill without thinking about it.

Just to give another example from soccer which really impressed me, the Spanish football team adopted the expression “Podemos” (“We can do it”) before the World Cup and went on to win the competition.

There is a famous saying “Watch your thoughts, for they become words. Watch your words, for they become actions. Watch your actions, for they become habits. Watch your habits, for they become character. Watch your character, for it becomes your destiny.”

It was seeing things like this (and having a few spooky Law of Attraction coincidences myself) that got me interested in MindMovies.

MindMovies – What is It?

The concept of MindMoviews.com is to embed a goal or ambition deep within your subconscious by creating a movie which you watch as often as possible. This will then flow through your entire life and (the theory says) will help you manifest your goals into reality.

MindMovies provides training and a “creation kit” that is designed to help you rapidly and easily build a “movie” of your goals. By watching your MindMovie every morning and evening, it  will help you manifest (via the Law of Attraction) your goals.

MindMovies – Does it Work?

Having used MindMoviews.com myself, it would appear that the answer is yes, although I am not really clear on why this is. Maybe it’s just that, by focusing on something intensely, you subconsciously steer you actions towards achieving your goals. Maybe it’s reinforcing a positive mental attitude. A third theory suggests that quantum physics may play a role – it is well known that the presence of an observer can influence the outcome of an experiment (although we don’t understand why), so maybe there is something to “mind over matter” and the Law of Attraction after all?

Either way, I was a big fan of the original MindMovies. The new version “MindMovies 2.1″ is released this week and I can definitely recommend giving it a try.

I’m constantly emphasising the importance of planning and visualisation in Forex Trading – and also in life in general. This is a simple but powerful tool to help you focus your mind on getting what you want out of life and visualizing your success.

If you are interested in trying MindMovies for yourself, or just want to watch the fascinating interviews, you can check out the website here – MindMovies


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