Stock Options Day Trading Mindset for Success (Udemy.com)
Put an end to the 11 bad habits which eat away at your profits, and sabotage your Stock Options Trading.
Created by: Allen Maxwell
Last updated January 2020
What you will learn
- Day Trade Stock Options More Successfully
- Identify Self-Sabotaging Behaviors and Stop Them
- Higher IQ From a Clearer Mind
How it compares
Against the other 278 rated Udemy courses in Trading & Investing on CourseDuck:
- Rating4.1 out of 5higher than 6% of them
- Reviews145#229 of 279 by number of reviews
- Length4.8 hourslonger than 51% of them
- Last updatedJanuary 2020earlier than 89% of them
Course Description
What sets truly successful stock options traders apart from those who never realize their dreams? Is it a particular set of habits or special rules? An increased appetite for risk? Skill at charting? Plain old smarts? No doubt each of these factors plays a part in a day trader's achievements, but perhaps underlying all of these differences is a particular and profoundly powerful mindset.
The fundamental difference between the wildly successful and the merely mediocre stock option trader is not any inborn characteristic or individual learned behavior, but how we think about skills and learning in general.
Can People Really Change?
Some folks, it seems, think that, basically, when it comes to skills and abilities, you get the hand you're dealt, and that's that. You are, however smart you are, however hard working, and there's little to nothing you can do to change these fundamental characteristics of your personality. That's called a "Fixed Mindset".
Other people know differently. Those with the opposite view, called a "Growth Mindset", believe that with effort, training and perseverance, you can expand your knowledge, broaden your daytrading skills, improve your odds, and overcome reversals. The key to successful trading is not inherited talent, or skill, but good, old-fashioned hard work on their skills and attitudes. Guess who ends up more successful?
If you haven't guessed yet, successful stock options traders generally have a Growth Mindset, a fact proven in large part by the research of renowned Stanford psychologist Carol Dweck. In a lengthy and fascinating article in INC . com, Dweck wrote: "It's all about your mindset. Successful daytraders tend to focus on growth, solving problems, and self-improvement, while unsuccessful people think of their abilities as fixed assets and avoid challenges."
In this insightful course, the team that brought you Udemy's top Stock Options Trading courses team up to cover the "Inner Game of Successful Trading".
The course includes revealing insights from experienced daytraders.
Stock Options Traders usually don't give up their secrets or failures. You'll notice more than a few, don't appear on camera. They value their privacy but we were able to get them to share their hard-won insights.
In these interviews with Allen, they share their heart and wisdom. The mistakes that took years to correct are explained in simple bite-size conversations.
When you enroll in this course, you receive life-long access as well as Udemy's 30 day satisfaction guarantee. With over 9,000 happy students and 210+ 5 star reviews, we are confident you will learn a ton and improve your success in all aspects of life that you apply this course to.
Click the "take this course" button, top right, now ... every hour you delay is costing you money ...
Instructor Details
- 4.1 Rating
145 Reviews
Allen Maxwell
Allen has been a master programmer and a profitable day trader most of his life. He shares how you can follow a few simple rules and use an easy to understand program to make consistent 10% gains in 10 minutes. Nothing is 100%. He teaches the greatest challenge to your financial success is YOU. Self-sabotage behaviors derail more investors and traders than any other factor. Trading in options is a battle between 'Fear' and 'Greed'. Powerful emotions that you learn to control with experience and training.
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Reviews
By Yon Harris on 8/8/2020
I am overwhelmed by the amount of support the folks at Waves of Profit have dedicated to educating the potential consumer on the importance of mental stability throughout the trading process. The amount of caution stressed in each Waves of Profit video is unparalleled! I am immensely grateful for these courses.
By Jay on 6/15/2020
Nothing useful about trading techniques
By Wendell Fouts on 12/29/2017
Addressing a very common problem among day traders, including myself. I had struggled for years making consistent winning trades. And it was because of my mindset. I put trading aside to work on my other business and to work on my personal development. If I was to make a suggestion at this point, it would be to make this course a prerequisite to Course 2.
By David Camacho on 8/24/2017
This is a good course if you are already trading and have some knowledge and experience with trading. This course only covers bad emotional habits and how to overcome them cognitively. It does not cover any type of actual options trading techniques. I guess I selected the wrong course, since my original goal was to learn about options trading, how it works, etc.
By Thomas Duell on 5/27/2017
You need to let the people you are interviewing talk and not interrupt so much. Too many analogies that go on and on and on... Some good content... boring music
By Scott Buck on 12/20/2016
Excellent knowledge to help with a traders proper mindset to be successful. The interviews are welcome...its nice to see and hear real people who are trading successfully which gives the student the confidence to proceed. Allen and Scott genuinely want their students to achieve success.
By Pierre A. LaBauve on 7/12/2016
Serious material is presented in an entertaining way. Instructor doesn't hammer on you but reiterates why the material is important and shows how it can contribute to your success. They also make sure you understand you are not the only one with these habits with interviews with a variety of people. Its not a short course but if you persevere to the end you will realize it was a great investment in your future!
By Erik Bayfield on 12/12/2015
Invaluable insights from real people. Helped me uncover some of my own bad habits relating to day trading whatever system you are using. With Waves of Profit software, I know it works. But my worst enemy is in my mind. And now, having done the course, I can begin eliminating some of my bad habits including 1) hope it turns around 2) get in too late 3) I deserve to be paid. Another effective Udemy course from Scott Paton. All are highly recommended.
By Susan Pratt on 10/14/2015
This course gives you access to many aspects of the mindset needed to be a highly successful day trader! In addition, it offers insight from people who have gone through the process to become successful. It really is about our mindset and this course definitely assists you in thinking more pragmatically about trading. Moreover, I can only rank it 5 star...if I could I would rank it 10 out of 5 star I would...most definitely!
By Angela Adamek on 10/8/2015
Thought Provoking Material that will change how I complete daily tasks and certainly how I trade. Allen, this course was informative and interesting from the beginning to the end. I enjoyed the interviews, teaching moments and the conclusion. I look forward to more from you. And wish you all the best in your future endeavors.
Quality Score
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Overall Score : 82 / 100







