TalkingTrading

Trade like a pro and understand the psychology of addiction and reinforcement in the markets with Louise Bedford. Proprietary trader Richard Jackson shares his trading journey and about when the markets clicked and he saw The Matrix. MINDPOWER - LOUISE BEDFORDNear-miss PsychologyThere is a HUGE difference between gambling and trading.However, there are addictive aspects to trading.Two of the biggest reasons are is 'Near Miss Psychology' and 'Random Reinforcement' can inspire some sort of addiction to the markets.Where is your behaviour in relation to this psychology? Richard Jackson - Jackson CapitalIt took 5 years before Richard Jackson felt competent in the markets.But once it clicked, it became like seeing THE MATRIX.He became confident and disciplined and the results were all on the upside.But he had almost quit.After borrowing $30,000 from his girlfriend and losing it in the markets, Richard could have given up.Instead, he learnt how to trade properly.He devoured over 30 books, found