How to Master Trading Psychology - Beyond Fear, Greed, and Panic

By Anil Hanegave

60 to 70 % of Trading success depends on psychology. If you want an edge in trading that makes you a profitable trader, then this book is for you.  Trading psychologist and bestselling author Mr. Anil Hanegave offers critical advice and proven techniques to help traders to understand the markets, with practical ways to improve your mindset.  Trading psychology refers to the aspects of an individual's mental makeup that help determine a profit.  Your predominant emotions and mental states that dictate success or failure in Stock Market. Discipline and risk-taking are two of the most critical aspects of trading psychology which is underestimated by retail traders. Feelings like fear, greed, panic, hope, and regret are the most common which drives trading behavior. You will learn how to practice Confidence and happiness to achieve success in trading.

 

In this book - How to master trading psychology, you will learn:

1.  How to develop and practice positive emotional pattern like confidence and fearless decision making.

2. Techniques to master modern market psychology

3.  Proven money Risk management techniques

4. How to practice discipline to stick to your written trading plan

5. Important Options Trading psychology tips

6. Analysis vs paralysis and how traders fall victim to the mistaken ideas.

7. All Practical tips are so easy you can implement it immediately 

 

I am sure, You will love and enjoy reading this book and content that transforms your trading style.

• Language: English
• Publisher: Trading Direction
• Release date: Jul 29, 2022
• ISBN: 9798201924447

Anil Hanegave

Anil Hanegave is a full-time trader and trading mentor. He is India’s most recognized market analyst and trading expert. He is trading and mentoring global traders for many years. His 11 secret trading strategies based on Central Pivot Range (CPR) and Moving Averages are very famous. He is the trainer for many organizations like the Paytm wealth community. His new trading strategies were designed by considering machine trading, algorithmic trading, and trap zones, Which give unique superiority to the trader. Please visit his official youtube channel Trading Direction for more learning videos.

Book preview

How to Master

Trading Psychology

Beyond Fear, Greed, and Panic

Anil Hanegave

Professional Trader | Trading Psychology Mentor

Copyright © 2022 Anil Hanegave

First Edition: 2022

No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the author or publisher, except in the case of brief quotations embodied in critical reviews and certain other non-commercial uses permitted by copyright law. All rights reserved.

Disclaimer

Although the publisher and the author have made every effort to ensure that the information in this book was correct at press time and while this publication is designed to provide accurate information regarding the subject matter covered, the publisher and the author assume no responsibility for errors, inaccuracies, omissions, or any other inconsistencies herein and hereby disclaim any liability to any party for any loss, damage, or disruption caused by errors or omissions, whether such errors or omissions result from negligence, accident, or any other cause.

This publication is meant as a source of valuable information for the reader, however, it is not meant as a substitute for direct expert assistance. If such a level of assistance is required, the services of a competent professional should be sought.

The authors and the publisher disclaim all legal or other responsibilities for any losses which investors may suffer by investing or trading using the methods suggested in this book. Readers are advised to seek professional guidance from a financial advisor before making any specific investments or trading decisions. We are not SEBI Registered. All the views expressed are personal. The author does not bear any liability for the same.

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Dedicated To

This book is dedicated to all of the traders, investors, and book readers I have had the pleasure of working with for many years as a Trading Psychology Coach and Mentor.

You have been motivated to write me this book that helps to develop the trading mindset and solves the burning problem and helps to achieve trading goals easily. You all are part of the insight of this book.

This is the crisp of my Saturday and Sunday webinar How to master Trading Psychology and interaction with thousands of traders. Hence these tried and tested methods help retail traders to master trading psychology and achieve goals easily.

I would like to dedicate this book to my daughter Urja who is the source of energy in my life.

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Preface

I am continuously giving training and coaching to Professional and retail traders, I came across stock market traders and investors who tend to make the same mistake again and again due to mindset. As per the data, only 8 percent of people are profitable traders. Surprisingly, Most people make money but are unable to keep them by making big losses in a few trades. Hence, the market is the best friend or enemy it depends on your mindset. People, who are extremely successful in their job and business, fail in the stock market, No matter trader is how good at technical analysis people lose money if they don’t know how to manage their emotions. Stock markets are driven by a subconscious emotional patterns such as fear, greed, panic, and herd instinct.

I am a firm believer that wrong practices do not make traders perfect. Some traders get the wrong knowledge from youtube and other social media. But for getting the best results right knowledge, the Right mentor, and the right practice is a must. Most of our students after practice developed immunity to fear, greed, and panic with patience. It helps them to make the right decision when they need to make it. Training and mentoring help traders master trading psychology. Our student motivated me to write a book on the same topic. It is very easy to identify the trend when we are doing technical analysis. With the experience, I concluded that the perfect trading setup does not exist. There is no perfect indicator, no perfect chart pattern. Every setup fails a minimum of 20 to 30 % time. Hence setup will not give you money, however, if you master your mindset that will give you consistent money with 50 to 60 % accuracy.

This book is mainly focused on intraday trading and swing trading psychology and Suggests proven methods for profitable trading psychology. Fear, greed, and Panic are important emotions but you need to know the real cause and strategies to overcome these emotions. That is explained in this book very well. A trader with the empowering beliefs and attitudes that are necessary to build a winner's mindset, which means learning how to think in probabilities. How to master trading psychology offers a thoughtful psychological approach toward a consistent winner in trading. Hence I am publishing my research-based content and tried and tested methodology for the trading community. I am sure, it will transform your mindset and you will recommend this book to your family and friends.

Anil S. Hanegave

Pune, India.

July 2022.

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Acknowledgments

I would like to thank everyone who helped me in the research of this book. Gratitude to all the trading psychology students who are part of my research, problem identification, and validation of psychology improvement techniques.

I would like to thank Mr. Mark Douglas, who helped me to improve my trading psychology effectively and boosted my confidence. I am grateful to successful Indian and International traders who helped to identify the important psychological aspects. Grateful to the Traders like Mr. Ghanashyam, who are regularly motivated by sharing trading psychology and other learning videos.

Special thanks to Mr. Ravindra Bhosure, Trader, who helped me with the ideation process.  Mr. Anish Raghunathan, a well-known day trader helped me with a trader’s survey and valuable inputs on trading psychology improvement. Thank you, Mr. Ankush Raut, for sharing your experience and psychological problems.  Grateful to Mr. Thejendra for his excellent editing and book cover design. Grateful for the Tradingview platform, which gives the best real-time accurate platform for analyzing the market.

I would like to thank my wife Lavanya for her continuous support and love. My daughter Urja is the source of energy in my life.

Finally, I would like to thank the book reader of ‘Profitable Trading Strategies with Psychology part 1 and giving excellent feedback with ratings. Your feedback helped me to improve the content, grateful to traders from around the world who have attended my webinars over the years. I enjoyed training with each one of you. I am sure that, this book will reprogram your trading mind and helps you to trade more confidently which helps you to become a consistently profitable trader.

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About the Author

Mr. Anil Hanegave is one of India’s most recognized professional trader, Bestselling Author, and Trading Psychology experts. His book Profitable trading with psychology is very famous among retail traders in various countries like North America, India, Japan, Europe, Canada, etc.

He comes from a very unique background. He has trained thousands of traders across the world for trading psychology improvement. He is an expert in analyzing the market with Central Pivot Range (CPR) and Pivot point trading strategies. He is experienced in human psychology and trading psychology improvement.

Traders across the globe consult with Mr. Anil for Psychology improvement. He has trained 25000 people across the world. His youtube channel Trading Direction is mostly watched in India, the United States, Saudi Arabia, Sweden, Australia, United Kingdom, Germany, Canada,  United Arab Emirates, And Qatar.

Anil is a

Reviews for How to Master Trading Psychology - Beyond Fear, Greed, and Panic

[Shriram H · Rating: 5 out of 5 stars]

Good Book for Trading Mindset Development. The formula 60 % Psychology, 20 % trading strategy + 20 % money and trade management is applicable for every type of trader. Thanks for Practical tips.