Trading Psychology Event | Thinking, Fast and Slow | Part 7

Video Description

📱Download Our FREE App & Discover the Next Big Investment Opportunities (US & UK only): https://optothemes.onelink.me/BZDG/ti2lb2fd Our final instalment with expert trader Tom Hougaard concludes with using the Stroop test to show how our minds can be easily misled and how we can react quickly without thinking. He uses this as a metaphor to show how when we stare at stock charts, our minds can jump to conclusions. We, therefore, need to discipline ourselves so we don’t react without thinking when trading. He instructs us to not be fooled by our mind's tendency to jump to these conclusions, as it seeks out the answer we want. ► Check out Tom's website: https://tradertom.com/ ► Get your copy of our FREE Day Trading eBook: https://www.cmcmarkets.com/en/opto/ebooks/day-trading?utm_source=YouTube&utm_medium=Display&utm_campaign=TomHougaard&utm_content=partseven ► Sign up for our newsletter: https://www.cmcmarkets.com/en-gb/opto/newsletter ► Check out the other parts of his presentation: Part 1: https://www.youtube.com/watch?v=xoGOZD7-3gY&list=PLG-cFxyNs94VFAv_l_aW0lOpRxrCtPum6&index=2&t=0s Part 2: https://www.youtube.com/watch?v=p0Tfs7VNp7s&list=PLG-cFxyNs94VFAv_l_aW0lOpRxrCtPum6&index=3&t=378s Part 3: https://www.youtube.com/watch?v=4SzQimeHGjk&list=PLG-cFxyNs94VFAv_l_aW0lOpRxrCtPum6&index=4&t=0s Part 4: https://www.youtube.com/watch?v=vTboKA-y_So&list=PLG-cFxyNs94VFAv_l_aW0lOpRxrCtPum6&index=5&t=1104s Part 5: https://www.youtube.com/watch?v=yXKSEz8ureA&list=PLG-cFxyNs94VFAv_l_aW0lOpRxrCtPum6&index=6&t=1432s Part 6: https://www.youtube.com/watch?v=Gu8smLhXkuo&list=PLG-cFxyNs94VFAv_l_aW0lOpRxrCtPum6&index=7&t=1s Be sure to like this video if you enjoyed it and comment below! ⬇️ ► Subscribe to our channel: https://www.youtube.com/channel/UCENW0ZwwrW6NG52OJnRxNLg?sub_confirmation=1 Or reach out to us with your ideas on future trading content you'd like to see. 📈 To read the latest stock trading news: ► Visit our website & sign up for our newsletter: https://www.cmcmarkets.com/en-gb/opto ► Follow us on Twitter: https://twitter.com/OptoCMC ► Check out our previous Tricks of the Trade event: https://www.youtube.com/playlist?list=PLG-cFxyNs94V8P9B0NxngVxQ8OyTc3x6Z #trading #stocks #stockmarket #tradingstrategy #tradingmistakes #psychology #tradingpsychology Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money