Channel: The Duomo Initiative

Category: Education

Tags: tradingnicholas puriduomo tradingthe duomo initiativetrading psychologytrading mindsetyour tradingneuroscienceinner talkduomo initiativetrader psychologytrading self talkpsychologyduomo methodtrading neurosciencenegative inner talkduomotrader mindsetnegative self talkinner traderevidence basedself talk

Description: Here are 8 evidence-based tips you can use to stop your negative inner talk, use it to your advantage and get a step closer to mastering your trading psychology for better results. Check out our FREE training for traders ► bit.ly/free-trader-training Negative inner talk part 1: youtube.com/watch?v=WgUPUM1fNCA **** Become a member and start learning the Duomo Method ► bit.ly/LearnDuomoMethod Check out our FREE training for traders ► bit.ly/free-trader-training Follow us on Instagram for more trading lessons ► instagram.com/duomoinitiative **** Sources: *Note: this list is not exhaustive. If you need a source for something mentioned in the video that isn't below, please ask and we can provide it* - Alison Wood Brooks et al., “Don’t Stop Believing: Rituals Improve Performance by Decreasing Anxiety,” (2016) - Igor Grossmann and Ethan Kross, “Exploring Solomon’s Paradox: Self Distancing Eliminates the Self-Other Asymmetry in Wise Reasoning About Close Relationships in Younger and Older Adults,” (2014) - Ilana Ritov and Jonathan Baron, “Reluctance to Vaccinate: Omission Bias and Ambiguity,” (1990) - Ethan Kross, Özlem Ayduk, and Walter Mischel, “When Asking ‘Why’ Does Not Hurt: Distinguishing Rumination from Reflective Processing of Negative Emotions,” (2005) - Ethan Kross and Özlem Ayduk, “Self-Distancing: Theory, Research, and Current Directions,” (2017) - Qingzhou Sun et al., “Self-Distancing Reduces Probability-Weighting Biases,” (2018) - Emma Bruehlman-Senecal and Özlem Ayduk, “This Too Shall Pass: Temporal Distance and the Regulation of Emotional Distress,” (2015) - James W. Pennebaker, “Writing About Emotional Experiences as a Therapeutic Process,” (1997) - To’Meisha Edwards and Nicholas S. Holtzman, “A Meta-Analysis of Correlations Between Depression and First-Person Singular Pronoun Use,” Journal of Research in Personality 68 (2017) - Jason S. Moser et al., “Third-Person Self-Talk Facilitates Emotion Regulation Without Engaging Cognitive Control: Converging Evidence from ERP and fMRI,” (2017) The full toolbox can be found in: Chatter (2021) - Ethan Kross In this video we dig into studies from psychology and neuroscience to find proven methods of controlling the voice in our heads. Our negative inner talk can have a big impact on our trading psychology and the sort of decisions we make in the market when opening trades, managing our risk and following our trading system. By using these 8 tips, you'll have more control over your mindset and will be able to make much better and rational trading decisions, rather than being controlled by fear and greed. #TradingPsychology #Trading #NegativeSelfTalk