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Buyers’ comments on this product:

Excellent market psychology course. Through amazing and thought-provoking analogies, Litchfield takes you on a voyage into your own brain.
Definitely worth seeing and one of the greatest trading psychology videos on the market.
Julia Stone, author
Date modified: March 25, 2009, 15:24

This class is essential for everyone who wants to grasp the mental aspects of trading!

Ryan Litchfield claims that 10% of all people are not fit to trade the market, another 10% take to trading like a duck takes to water and the remaining 80% are “normal”. These ordinary folks only need to be aware of the “mindfields” or traps that our brain presents while trading the market and make certain mental alterations to succeed. In many respects, he claims, effective trading is counterintuitive.

Many individuals believe that because they are brilliant and successful in other areas, they must be among the magical 10% of people who will immediately excel at trading. They invest time and money in studying strategies and systems, only to become one of the many traders who lose all of their money in the market at least once due to a lack of mental preparation.

The market is a costly teacher. This program will teach you the viewpoints and attitudes you need to succeed.

Day trading technical analysis

How to Understand Technical Analysis: Discover Technical Analysis

In finance, technical analysis is a system for anticipating price direction based on prior market data, particularly price and volume.
Many of the instruments used in behavioral economics and quantitative analysis are also used in technical analysis, which, as a part of active management, contradicts much of contemporary portfolio theory.
The efficient-market theory, which claims that stock market prices are inherently unpredictable, challenges the usefulness of both technical and fundamental analysis.