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)
Related Pages:
- 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
This has left me with a lot to think about. Usually when I think of trading I think about strategy. I never thought of the psychological part of it. It really make sense, if i am level headed, it will lead to better decisions and thus greater success when it comes to trading. What I appreciate about Yvan Byeajee is that he has been on both sides of the spectrum and knows what can easily become your downfall as well as what it takes to be successful. Looking forward to taking his courses!
Hi Ron – mindset is truly one of the most critical aspects of trading, and unfortunately, it’s oftentimes discounted or ignored. Which ultimately leads to unprofitable, unsuccessful attempts at trading. People are naturally wired to react to their emotions, but that can lead to erratic and inconsistent behavior in the stock market. And that erratic and inconsistent behavior will lead to erratic and inconsistent results. Strategy is definitely important, don’t get me wrong, but mindset is the glue that holds everything together. Cheers!
There is no doubt that psychology and mindset play a part in every aspect of life, so why should trading be any different? Meditation also is so important in everyone’s day to day life, in order to calm the mind and take control of one’s own thoughts, eliminating the negative thus making room for the positive. I would be most interested to investigate further the courses at Trading Composure.
I agree that meditation can help in many areas of life I can see where it would help you focus on just one moment rather than 20 at a time (or 1 opportunity rather than 20 when it comes to trading). I think its great that Yvan took his initial mental weaknesses and turned them into something to teach with so other’s can have the chance to be successful.
Trading Composure is one of best sites of its kind to help train the mind. You see, most traders are unable to develop and maintain stability of mind, which makes their behavior inconsistent. And there’s a simple reason for that: Trading is so counter-intuitive. It pushes around all of our inherent predispositions and it makes being consistent a very difficult feat to achieve. That’s why most fail. You could split hairs and talk about the failure to manage risk, and it’s all true, but ultimately, it all boils down this harsh truth about the nature of the human mind – it’s inherently not designed to do trading. It’s designed to survive in the wild. For it to get good at trading, we have to train it.
Couldn’t agree more! Proper mindset is the backbone for consistently profitable trading. Cultivating the proper mindset is an ongoing process that must be worked on regularly to re-train the mind, because as you stated, humans weren’t built to trade. Many aspects of trading involve actions that are counterintuitive to our natural instincts.
Hi Matt,
I totally agree with what you said in closing. Any form of stock trading is volatile and to trade with a volatile mindset is inevitably going to lead to financial disaster. When applying a constant, calm and focused mindset and applying your knowledge in tandem, this will lead to a road of success in the long-term. Thank you for your great insight into the use of psychology in trading stocks.
Many times when trading emotional feeling set in place whether to sell when in loss in order to stop more loss, or when you are at gain emotional feeling set in again either to sell now at gain or there is more gain to come. These two emotional feeling is what most trader have in common and most time is result to losses in trade. Even if they are sure of their technical and fundamental analysis. Is just the way human mindset is. I will like to look at Yvan Byeajee works and find out a way it can help me in my trading to secure more gain.
I love this topic as it relates to psychology and trading. I am an active trader and I can tell you that trading is a game of the mind. It’s more about emotion than skill! If you can master and control your emotions you will do well in trading regardless of the market. However, I am not saying knowledge is not useful but I meant knowledge without emotional control is a disaster. I haven’t heard of Yvan Byeajee before, but I think his courses are worth trying.
I must say that the Trading Composure site is very helpful and informative. So many people are actually afraid of trading but I think that most of the time it is because they don’t have proper knowledge about it. Honestly, I am one of those persons. While I was reading this, I got some motivation and will definitely check out Yvan’s courses. Happy Trading!
When I first got involved with trading, I was merely following what others were doing. There were a few good alert services, but there were also bad ones which I ended up with a costly experience. That was couple years ago and I’ve never really succeeded in any of them. I guess I was rushing through the whole thing. There are many courses that will teach you how to execute trading strategies, but to tackle the business from a psychology point of view, this product that you are discussing is probably the first one that I’ve seen. Thanks for sharing.
Hi Cathy. Unfortunately, trying to follow anybody’s alerts to make consistent money in the markets is typically too good to be true. Sure, some trades might work out. But others won’t. And your results can be drastically different from whoever is sending the alerts based on trading knowledge, availability during market hours, risk tolerances, etc. It’s hard to blindly mirror someone else’s alerts because every individual’s trades should be based on their own opinion, availability, risk tolerance, portfolio size, etc. That being said, if you aren’t committed to becoming a self-sufficient trader, then you’re usually better off not joining any sort of alert service. The most value to be extracted from these services is typically in the educational content that allows you to grow your knowledge & skills, and eventually be able to execute concepts on your own. Accountability is critical in trading – and that falls into the mindset category as well.
Hi Matt,
I love topics related to psychology and this is especially interesting because it involves trading. I haven’t heard of Yvan Byeajee before, but I think that his methods are great. I do some meditation myself, and I see that I’m very calm after I’ve done it. The mind is much clearer. Ideas come easier. Of course, this positively impacts my life in a variety of ways. These courses by Yvan must be worth trying and I will consider taking one. Thanks