What is TradingComposure.com?
TradingComposure.com is a website created by Yvan Byeajee that helps individuals develop the mindset required to become patient, fluid, and consistent traders. If you look out into the stock trading space, you’ll find a ton of gurus promoting their “foolproof” systems and strategies, but virtually none of them are willing to cover the most important aspect of trading – psychology. Without stability of mind, even the best systems and strategies will crumble. But if one learns to master the inner game of trading, the potential rewards can be substantial both financially and emotionally.
As humans, we can’t avoid our own thoughts and emotions. But acting impulsively on those thoughts and emotions is exactly what causes our inconsistency in the markets. We enter positions too late, exit too early, fail to cut losses at the proper time – the list goes on and on. Feelings of fear and greed seem to have complete control over us, ultimately causing destructive patterns of behavior that leave our accounts in shambles. But what we fail to realize is that it’s possible to bring awareness to these negative behaviors, counteract them, and make our trading operations rather enjoyable and effortless. By following Yvan Byeajee at Trading Composure, you will learn to deepen self-understanding, liberate your mind, and gain confidence in your approach.
Who is Yvan Byeajee and What is His Story?
Yvan Byeajee started trading part-time in 2006 and eventually went full-time in 2009, but those beginning years were far from lucrative. In fact, a handful of years were spent consistently losing and nearly blowing up a rather large $100,000 account. Left with a broken mindset filled with anxiety and doubt, he was provided with the opportunity to go on a meditation retreat. With no other option but to face his own detrimental thought patterns and insecurities, he experienced a complete paradigm shift on that trip. Ultimately, he was able to eradicate his deep mental complexes, develop self-mastery, and bring an entirely new mindset to the markets. One that preserves emotional capital, boosts consistency, and breeds profitability.
It’s safe to say that this 2-month long meditation retreat was a pivotal moment in Yvan’s life. He came to realize that his success in the markets (or lack of success up until that point) had everything to do with his mindset. Most people who attempt to trade for a living fail for this exact reason. They completely ignore the psychological aspect of trading and how much it can negatively impact trading results when neglected. Everyone thinks they can find some magic trading system that wins all the time, but that’s simply impossible. Losses are an unavoidable aspect of trading. The key is to find a high-probability strategy, implement that strategy with as little trading errors as possible, and generate consistent results over time. It’s a common misconception that the best traders are always right. Overall, it’s not about being right, it’s about trading right (following your system and rules associated with it without errors).
Yvan Byeajee’s Top 2 Training Courses to Help Master Your Mind and Boost Trading Profits:
Course #1: Trading Psychology Mastery Course [View Course Content]
This course is a two-week practical trading psychology course that digs into topics concerning stability of mind, concentration, and non-attachment, among others. This is where success in the markets all comes together. It’s not about some indicator or particular pattern – it’s about being in control of your own mind. It delves into concepts surrounding mental conditioning and how you can subdue your need for always being right, detach your self-worth from trade outcomes, and remain even-tempered in your trading operations.
Unfortunately, less than 10% of traders find consistent, long-term success in the markets. But why is that the case? What is that small percentage of traders doing who are actually finding consistent success? It has to be something more than simply being smart because I’ve seen a lot of intelligent individuals fail at trading. This leads me to believe that it comes down to mindset. Very few individuals who jump into the markets have cultivated the critical practice of introspection and self-understanding. As a result, they bring with them their backpacks of insecurities and inconsistencies, which negatively carries over into their trading results.
Course #2: Trading For a Living [View Course Content]
This course explores the possibilities of trading for a living, traveling the world, and working far less than the typical 40 hours per week. This is based on Yvan’s personal experiences trading, traveling, and creating the Trading Composure blog. Within it, he shares his business template, tips for traveling, and even the exact strategy he implements in one of his accounts that has a 70% win rate called The Rainmaker.
Many times, trading can be an extremely self-centered movement. But Yvan gets satisfaction out of sharing his knowledge and experience through his blog posts, books, and courses. Overall, Yvan has been able to cultivate a peaceful life for himself with a clear understanding of his own thoughts and emotions. This mindset has allowed him to exponentially boost his personal freedom, quality of life, and physical & mental health. Everything he does both in trading and business focuses on the preservation of emotional capital, and he can teach you to do the same.
Yvan’s #1 Secret to Trading Success → Daily Mindfulness Meditation
As stated previously, less than 10% of traders find consistent success in the markets. So you have to wonder, why is this the case? Why is the success rate so low? How come a certain strategy can work for one trader, but not for another? The answers to these questions all boil down to mindset. The successful traders understand the importance of good habits, practice discipline, and have mental clarity. Each trading moment, they’re completely focused on the flawless execution of their system. There will always be distractions, but they have the mental strength and resilience to quickly re-focus their thoughts. The struggling traders, however, don’t understand good habits and discipline. They think that they can get away with their bad habits and cheat cause-and-effect. But in the end, their haphazard approach produces inconsistent results. They are prisoners to their own impulses and destructive patterns of behavior.
|Rewire Your Brain For Successful Trading With the Help of Neuroplasticity|
|Check Out More of Yvan’s Guided Meditations For Traders on YouTube|
The good news is that all is not lost for struggling traders. Every single one of them has the ability to increase self-understanding and eventually gain mastery over their own emotions. It’s not something we’re born with. It’s a learned skill. Sure, some traders may have a predisposition for being more methodical and disciplined in their approach, but generally speaking, humans are fallible. We all have to deal with various cognitive biases that cloud our judgement and lead to irrational decisions. And that’s where mindfulness meditation can help us take a step back, observe that we have these biases, and do our best to avoid letting these biases negatively impact our behaviors. Some people think that meditation is some sort of religious ritual or that it’s pointless, but that’s simply untrue. It’s brain exercise that anybody can do and has been proven to reduce stress, anxiety & depression, while increasing focus, resilience & emotional intelligence. Numerous studies over the years have shown the benefits of meditation to be extraordinary.
Learning to Calm Your “Monkey Mind” and Dismantle Compulsive Behaviors:
The monkey mind is a psychological analogy that compares the human mind to the actions of a monkey. Just like a monkey swings from branch-to-branch, our minds jump from thought-to-thought. In total, each individual has over 50,000 thoughts per day, many of which are filling our minds with fear and doubt. What will happen if I lose my job? Is my partner unhappy with our relationship? Will I ever be able to retire? These are the constant, exhausting thoughts that run through our minds all day. And without a proper hold on our own mind, it can be difficult to drown out the noise and focus on the present moment. Ultimately, failure to be aware of the monkey mind and have the ability to tame it results in suffering.
In order to avoid undue suffering, we have to be able to calmly and objectively listen to our monkey minds. When we learn to meditate, we learn to non-judgmentally observe, detach from our thoughts, and clearly understand why we’re feeling the way we feel. These moments of detachment bring peace to our otherwise busy minds, allowing us to better avoid thinking indecisively and acting impulsively. When you realize that most traders have never taken the time to develop and maintain stability of mind, it’s relatively easy to understand why so many traders fail. Inconsistent behavior leads to inconsistent results. Failing traders are overwhelmed, impulsive, and overreact. Successful traders are calm, patient, and concentrated.
Trading Composure Covers the Key Component Missing From Almost Every Other Trading Program:
I’ve personally used and reviewed many different stock trading programs and services over the years and not a single one of them has mentioned the importance of a consistent meditation practice or deeper-level understanding of our own minds. Sometimes they’ll vaguely touch on trader psychology and mindset, but nobody is providing the kind of actionable mindfulness education that Yvan Byeajee at Trading Composure is providing. Other stock trading programs are quick to provide alerts or indicators that subscribers can supposedly use to gain some sort of edge, but the real edge comes from within. Components like strategy and risk management are certainly important, there’s no denying that, but proper mindset is the glue that brings everything together.
|Learn How to Dismantle Your Destructive Trading Habits and Become Consistently Profitable|
|Check Out Yvan Byeajee’s Trading Composure Blog and Start Improving Your Mindset|
Overall, trading is extremely difficult because it’s counter-intuitive to human nature. Humans are built for survival and our thoughts allow us to quickly evaluate scenarios, judge outcomes, and react to threats. As a result, we tend to act impulsively and overreact for our own safety. But if we bring that same demeanor to the markets, things can go downhill in a hurry. That’s when we find ourselves jumping into positions without a proper plan, leaving profits on the table by exiting too soon, etc. In order to be successful as traders, we must learn to be calm, rational, and deliberate in our approach. Most importantly, we must realize that the market won’t behave in accordance to our own personal needs and desires. We can’t control the market. The only thing we can control is the way we react to it. The sooner traders accept this fact, the sooner trading becomes an enjoyable, non-afflictive experience.
Are You Ready to Overcome the Mental Resistance That Stands in Your Way of Becoming a Consistently Profitable Trader?
Written By Matt Thomas (@MattThomasTP)
- Best Trading Psychology Courses Available Online
- What is Yvan Byeajee’s Trading Psychology Mastery Course
- What is Trading Composure? Acquire a Heightened Level of Trading Insight
- #1 Reason 90% of Traders Fail and How You Can Avoid Being One of Them
- What is Day Trading Psychology? The Foundation of Day Trading Success
Trading is an interesting subject. When I tried it, the problem was a lot of gurus wanted to highlight the benefits of trading and the money that can be made. I quickly learned that it is not simple.
I stuck with dummy accounts but my partner went live because she was told that only when live trading will you learn psychology. However, FOMO often took possession of her, she would see spikes and jump in with no indicators hoping to “Scalp” only for the trend to change direction.
My experience was analysis paralysis. I tried to learn how to identify an opportunity while maintaining a risk aversion strategy but I found that there were so many indicators that I never found the opportunities
Hi Alex – I know exactly what you’re saying when it comes to the guru “systems” and “alert services” that exist out there in the stock trading space. I’ve used a handful of those types of platforms in the past. They all varied in quality – some not so great and others were surprisingly educational. But the problem was that pretty much none of them focused on mindset. They’d brush over the subject by saying things like “control your emotions” or “cut your losses fast and let your winners run”, but those are extremely vague suggestions. Even if we come across systems or strategies that actually do work, we probably won’t follow them with a high-degree of discipline if our mindset is off. We’ll just keep on trading irrationally and impulsively, possibly not even realizing how inconsistent we’re being in our approach.
Trading is a lot more complicated than most people initially think, but it’s often not for reasons they were expecting. They think they need to get better at market analysis, or purchase this or that tool, when the reality is that those are all secondary to having the proper principles, perspectives, and beliefs. Without that solid foundation in place, everything else is virtually meaningless. The calmness, comfort, balance, and consistency we seek is in our mind. Trading doesn’t need to be an afflictive experience unless we make it one. If we re-program our brain to match the realities of the market, then all we need after that is a system that has a positive expected value. Those components are all it really takes to be a consistently profitable trader.
It does, however, take continuous effort to maintain the proper mindset and uncover systems with positive expectancy. Overall, the market offers so much freedom (limitless opportunity) that it can be difficult to choose where to put your focus, but unlimited freedom and opportunity is exactly what makes trading mostly a mental discipline.
I like the idea of a program to develop the psychological side of trading. It is a fact that acting impulsively can make you lose a lot of hard-earned money in the market. Patience and discipline mean a lot to me. There’s no doubt that I will check out those courses – definitely the Psychology Mastery one.
Hi Matt. I have not heard before about Trading Composure, but it seems a perfect starting point for beginners, especially since it focuses so much on the mindset aspect. Looking forward to testing out some of Yvan’s courses in practice and hopefully improve my results.
I have been learning this very slowly, that trading is counter-intuitive. I had a demo account and I begun to make good money. And I said to myself, Wao this is easy. I should hop onto the real trading. But when I saw my own money at risk, I always took the wrong desicion. I get it. I must learn to be calm when our intuition tells us to dispair.
Hi Paolo – thanks for your comments. You’re exactly right that many aspects of trading are counterintuitive. For example, losing traders typically keep on losing because they so badly don’t want to lose. Their attachment to being right sabotages their results. Another example is that clearing your head is usually the best way to make progress and become a better trader. Most people think it’s all about complex trading systems and market knowledge, but all that information just ends up confusing them. Performing relaxation techniques or meditation can help you be more clear-headed and less emotional, among many other positive advantages, which can certainly have a dramatic impact on trading results.
And one of the most difficult concepts for traders to understand is that anything can happen on any individual trade, but you don’t need to know what will happen on any individual trade in order to be successful. In other words, one single trade by itself is nothing but chaotic, random, and unpredictable. But large groups of trades based on particular signals can be predictable since large sums of market action can form patterns and trends. Once traders understand this concept and implement the essence of it into their everyday trading, they typically become much more profitable. The meaning of any individual trade is small, but the meaning of a series of trades is large. The result of 1 trade is unpredictable. The result of 1,000 trades based on a specific trigger is predictable.
These are just a few reasons why all traders should be mindset-obsessed. We all want the freedom and opportunity that the market provides, but we have to create rules in order to protect ourselves. We can’t personally control the market, but we can certainly control our behavior within it. And without the proper mindset, we have a hard time staying disciplined and trading right. Overall, it’s critical to be rigid with our rules but flexible with our expectations.