Cryptheory: Crypto and Internet

cryptocurrency and internet meaning, guides, learning

Mind Programming – Seven rules for being a profitable trader

2 min read
Mind Programming - Seven rules for being a profitable trader

In trading, it’s not just about market perception and information processing, but also about perception and, in part, “programming yourself and your mind.” Wondering how?


The invaluable advices from Mark Douglas


The trader does not define what he does, but how he thinks about his activities. The very first sentence, which explains beautifully how Mark Douglas managed to get really unimaginable in the last century. And it was not just by investing as such. Mark knew that consistent profits were all about the head, and he managed to “reprogram” his.


He also knew there was no gold or 100% rule for perfect trading. But if it existed, the key would be most likely the following: trading without fear, exaggerated self-confidence, perceiving what the market offers us from an objective position and focusing on the current opportunity.


All this must be done by the trader if he wants to be vigilant and prepared at every shop and every occasion. This will help especially in the long run, when such a mindset should bring him a nice reward. However, something else can help.


Programming your mind with seven simple phrases


Nothing more is needed to reprogram your mind. The following seven rules are sufficient. Of course the condition is that you read them every day and really believe what you read.


I’m a consistent winner because:


  • I objectively identify benefits
  • I determine in advance the risk of each trade
  • I fully accept the risk and am willing to emotionally disconnect from the trading
  • I use the benefits without restraint and hesitation
  • I give myself as many euros as the market offers me
  • I keep watching my own tendency to make mistakes
  • I understand the importance of these principles and therefore I will not abandon them




If you want to be a really profitable trader, repeat these rules consistently until you get them under your skin. Understand what each of these seven rules tells you and take it for granted.

All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

5 thoughts on “Mind Programming – Seven rules for being a profitable trader

  1. This is a great tip especially to those fresh to the blogosphere. Brief but very accurate info… Thank you for sharing this one. A must read post!
    스포츠중계Pretty! This was an incredibly wonderful article. Thank you for supplying these details.

Leave a Reply

Your email address will not be published. Required fields are marked *