There are a lot of books about trading psychology and mindset.
I’ve read many of them.
But one of my favourite books on mindset and psychology is actually not a trading book at all…
It’s called “Beyond Positive Thinking” by Dr Robert Anthony.
Here’s 5 of my favourite quotes (in my own words) from the book and what they mean for traders:
#1: Overcoming Limiting Beliefs
“You can have anything you want if you give up the belief you can’t have it.”
Traders often limit their potential by doubting their ability to succeed. By letting go of self-imposed limitations and believing in your ability to achieve your trading goals, you can unlock greater success and performance in the markets.
#2: Positive Visualization
“What you think about and focus on, you bring into your life.”
Spend a few minutes each day visualizing your successful trading life to build a positive mindset and reduce anxiety.
#3: Maintaining Focus
“Keep your eye on the goal, not on the obstacles.”
Trading often beings short-term challenges. By focusing on your long-term goals, traders can navigate through obstacles without losing sight of your ultimate objective.
#4: Adapting to Change
“The only limits you have are the limits you believe.”
Stay flexible by continuously updating your knowledge and being willing to adjust your approach based on feedback.
#5: Building Confidence
“You have within you right now, everything you need to deal with whatever the world can throw at you.”
Embracing the idea that you are fully capable of overcoming obstacles and setbacks in trading can help you maintain a resilient mindset.
If you’re interested in mindset and psychology, I can’t recommend this book enough.
Click here to check out the BST YouTube channel for more great trading content.
