[Video] Strategies for identifying, measuring, and improving your Trading Psychology

Check out our trading psychology webinar recording with Ann Hunt, CEO of Chasing Returns!

Trader 1

On June 22, we had the opportunity to present a special webinar with Ann Hunt, in which she shared insight from her 10 years Wall St. experience and what she has learnt about the mind of a trader. Throughout the live web chat, Ann discussed various trading psychology topics and strategies to improve your trading results through simple and achievable changes.

Topics include:

  • Using your strengths and weaknesses to your advantage
  • Understanding your behaviour to improve performance
  • How to form sticky habits around your personal biases

Trading on data, not emotion

Many of us are aware of the term ‘emotional trading’, but few are able to recognise it in themselves, especially whilst in the moment. Having plenty of experience from the dealing room, during the webinar, Ann reflects on watching this happen first hand. Being a witness to this several times led Ann to study the reasons why traders do this, and more importantly, how to become more aware of their own patterns from their own trading behaviour.

  • Some of the processes that help traders and are detailed in the webinar include:
  • Understanding what your own KPIs are and keeping to them
  • Learning how to comprehend and measure our biases
  • Recognising what outlaying trades are and the impact they have

How psychology could help your performance

After several years of testing and analysing the patterns and behaviour of traders, Ann has worked with FOREX.com to develop and optimise our exclusive Performance Analytics feature.

This feature helps you use your own strengths and weaknesses to improve your trading behaviour.

Performance Analytics shows you a series of Edges. You can use your unique insights to transform the way you trade.

Psychological Edges

  • Find out how both winning and losing streaks effect your next trade

Strategy Edges

  • Your most traded product might be your weakness

Timing Edges

  • Are you better at market open? Close? Or in quieter times?

By harnessing the Edges that Performance Analytics provides, you can understand your habits and use them to your advantage.






How to trade with FOREX.com

Follow these easy steps to start trading with FOREX.com today:

  1. Open a Forex.com account, or log-in if you’re already a customer.
  2. Search for the pair you want to trade in our award-winning platform.
  3. Choose your position and size, and your stop and limit levels.
  4. Place the trade.

More from Trading psychology

Disclaimer: The information on this web site is not targeted at the general public of any particular country. It is not intended for distribution to residents in any country where such distribution or use would contravene any local law or regulatory requirement. The information and opinions in this report are for general information use only and are not intended as an offer or solicitation with respect to the purchase or sale of any currency or CFD contract. All opinions and information contained in this report are subject to change without notice. This report has been prepared without regard to the specific investment objectives, financial situation and needs of any particular recipient. Any references to historical price movements or levels is informational based on our analysis and we do not represent or warranty that any such movements or levels are likely to reoccur in the future. While the information contained herein was obtained from sources believed to be reliable, author does not guarantee its accuracy or completeness, nor does author assume any liability for any direct, indirect or consequential loss that may result from the reliance by any person upon any such information or opinions.

Futures, Options on Futures, Foreign Exchange and other leveraged products involves significant risk of loss and is not suitable for all investors. Losses can exceed your deposits. Increasing leverage increases risk. Spot Gold and Silver contracts are not subject to regulation under the U.S. Commodity Exchange Act. Contracts for Difference (CFDs) are not available for US residents. Before deciding to trade forex and commodity futures, you should carefully consider your financial objectives, level of experience and risk appetite. Any opinions, news, research, analyses, prices or other information contained herein is intended as general information about the subject matter covered and is provided with the understanding that we do not provide any investment, legal, or tax advice. You should consult with appropriate counsel or other advisors on all investment, legal, or tax matters. References to Forex.com or GAIN Capital refer to GAIN Capital Holdings Inc. and its subsidiaries. Please read Characteristics and Risks of Standardized Options.