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
I have never in my life seen anyone with so much determination to help others as much as Yvan Byeajee. The truth is that I have never seen anyone use meditation to deal with trading issues. This is a very logical and intelligent thing to do and if it could work for him then it can work for anyone. I am going to try to tweak the way I think as well and make sure that I tame my monkey mind. Thanks for this.
In my time of trading, I have seen a number of people who lose and some win but the truth there is that nobody keeps winning consistently without first failing. Your position on the monkey mind is very true and I am also guilty of this and I will make sure I have a change of lifestyle to improve upon it. Thank you very much for the help here.
I have lost a lot of money trading for the exact reasons given here. Having the wrong mindset has a lot to do with it. First, one needs to find or develop a system that has a high probability of success, and then follow it rigorously with discipline.
You can lose four out of five trades and still make money. As long as the losers are say 1% each and the winners are 5%. In this way it will take five trades to make one percent. Easier said than done though. Here is where training the mind is crucial. I like the term monkey-mind as I can relate to it.
These Trading Composure courses address the art of trading as well as training to get the right mindset.
I have failed woefully at trading over time and the main reason for that is because I do not know how to keep my emotions in check. Almost every time I have attempted to trade, I always lose out my money because there is a lack of proper planning in my trading. But after execution of the trades, my struggles continue especially in terms of keeping my emotions in check.
The place of composure in trading is where money lies and it is close to impossibility for anyone to truly make any meaningful amount without having the right balance within them.
In my honest opinion one of the reason why must people fail when it comes to trading of any sort is lack of futuristic goals. Trade sometimes may be unfavorable or favorable, the ability for you to understand this time and situation gives you and edge over others.
I’m happy to read this post about trading psychology and the trading composure blog. I would say it’s an eye opener. Mindset is so powerful in achieving success. Our mind is our greatest asset. Mindset plays a great role in someone’s life.
I have been following your blog posts for a long time because your posts are always educative and motivational. I must tell you this is not an exception. Thanks for the review, it’s very resourceful.
I am completely guilty as charged with the offence of having a monkey mind, that flies from tree to tree, thought to thought without settling with anything tangible. I am sure the Trading Composure programs will have a good effect on me. Because I have tried trading, but because of the psychological deficiencies I have towards trading, I am not making much head way.
I have practical experience of everything you’ve mentioned. Most of the time, I lose my trade because I could not control my emotions or I could not maintain my objectivity. Allowing emotions and sentiments play when trading is a bad practice, but still I cant help it. I’ll really love to partake in Yvan’s trading psychology course to help me develop better as a trader.
I couldn’t agree with this more. Intelligence has very little to do with success in trading.
I, personally, have an IQ equal to Einstein. I, also, have failed miserably at trading on a few separate occasions, each time learning a little bit more, and always aiming in this direction.
Emotion destroys trading capital.
Master emotion, THEN add the trading plan, and execute.
That is simply the only way to become successful at trading stocks or Forex.
Every part of trading comes down to psychology, so why fight it?
Learn it, master it.
Hi Tyler – I appreciate your experience and input. Couldn’t agree more. The proper mindset is required to achieve anything great in life. It spans across more than just trading, but pretty much any endeavor worth pursuing. Mindset training should really be a part of everyone’s daily routine.