What sets truly successful stock options traders apart from those who never realize their dreams? Is it a particular set of habits or special rules? An increased appetite for risk? Skill at charting? Plain old smarts? No doubt each of these factors plays a part in a day traderβs achievements, but perhaps underlying all of these differences is a particular and profoundly powerful mindset.
The fundamental difference between the wildly successful and the merely mediocre stock option trader is not any inborn characteristic or individual learned behavior, but how we think about skills and learning in general.
Here’s what you’ll get:
- Some folks, it seems, think that, basically, when it comes to skills and abilities, you get the hand youβre dealt, and thatβs that. You are, however smart you are, however hard working, and thereβs little to nothing you can do to change these fundamental characteristics of your personality. Thatβs called a βFixed Mindsetβ.
- Other people know differently. Those with the opposite view, called a βGrowth Mindsetβ, believe that with effort, training and perseverance, you can expand your knowledge, broaden your daytrading skills, improve your odds, and overcome reversals. The key to successful trading is not inherited talent, or skill, but good, old-fashioned hard work on their skills and attitudes. Guess who ends up more successful?
- If you havenβt guessed yet, successful stock options traders generally have a Growth Mindset, a fact proven in large part by the research of renowned Stanford psychologist Carol Dweck. In a lengthy and fascinating article in INC . com, Dweck wrote: βItβs all about your mindset. Successful daytraders tend to focus on growth, solving problems, and self-improvement, while unsuccessful people think of their abilities as fixed assets and avoid challenges.β
- In this insightful course, the team that brought you Udemyβs top Stock Options Trading courses team up to cover the βInner Game of Successful Tradingβ.
- The course includes revealing insights from experienced daytraders.
- Stock Options Traders usually donβt give up their secrets or failures. Youβll notice more than a few, donβt appear on camera. They value their privacy but we were able to get them to share their hard-won insights.
- In these interviews with Allen, they share their heart and wisdom. The mistakes that took years to correct are explained in simple bite-size conversations.
- When you enroll in this course, you receive life-long access as well as Udemyβs 30 day satisfaction guarantee. With over 9,000 happy students and 210+ 5 star reviews, we are confident you will learn a ton and improve your success in all aspects of life that you apply this course to.