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 just woke up this morning. I slept listening to abundance meditation music on youtube in front of my computer. I have to say your post was a lot to take in but was well worth every word. Thank you for sharing.
Trading gives us the opportunity of getting full-time sort of income on a part-time level of actual operations (That’s the case for day traders chasing market volatility to profit from) that requires a very specific mindset and a lot of discipline. The fact of being in front of your PC between 45 minutes and 6 hours on a daily basis doesn’t really mean all the job gets gone within this time span.
Much preparation takes place before turning trading programs on, and much training to develop the ability to let go of previous trades (especially those not being as productive as expected).
Thank you a lot for discussing programs that focus on the mindfulness aspect of trading.
Truth, sound truth I say: the Monkey Mind takes us nowhere. This truth is seen in every aspect of life, not just in trading, and this mindset is born out of fear and greed like you rightly mentioned. I like the story of Yvan Byeajee. He never hid his failures. Thanks a million for this sincere perspective to trading. I am in search of a comprehensive course or book on trading that can take me from novice – I mean scratch to mastery. Please, can you recommend any?
Hi Par – I wouldn’t say that there’s any one course or book out there that can take you from scratch to mastery in trading. The reality is that there’s so many different strategies out there that I couldn’t deem any course “comprehensive”. It would be virtually impossible to cover everything related to trading/investing in just one book or course. The strategies you may eventually choose to pursue also depend on various factors such as availability during market hours, risk tolerance, and personal preferences to stocks, bonds, options, etc., among other things.
The only thing I can say with a high degree of certainty is that a proper mindset is the foundation for any successful trader or investor. Yet strangely enough, mindset is barely covered, if at all, within most trading courses and programs out there. What these courses and programs choose to mainly teach is charting techniques and setups, which are all well and good, but even the best strategies will fail without the proper mindset. In fact, the failure rate in trading is extremely high because people can’t stick to their strategies. They get too excited when they’re winning on trades, depressed when they’re losing, and let emotions control their every move.
But by focusing on mindset first and foremost, it will allow you to detach from trade outcomes, focus on the process, gain consistency, learn how to avoid self-sabotaging behaviors, and approach the market with a clear head. Most people choose not to follow the path of working on their mindset, but they eventually learn that there’s an extreme cost associated with not being disciplined and consistent in their approach, and that cost comes in the form of disappoint, angst, and financial loss due to poor trading.
Overall, I think the best move for individuals just getting into trading is to focus on mindset resources first, like Yvan’s blog and courses, before jumping into any sort of program that wants to simply teach you a “system” or send “alerts”. In my opinion, over 75% of trading success comes down to mindset, and it’s the hardest part to master. Everything else is fairly easy to learn and implement, but mindset is the foundation to all long-term trading success.
Hi Matt. I agree with almost everything you write here. This site has allowed me to learn more about trading both in technical and psychological terms. I personally am also learning to be a successful trader. However, due to lack of flying hours, I often take the wrong position and end up taking profit lower than the target or cut loss higher than the target. I am exactly as you say that I am like a monkey who cannot be calm (since childhood). Well, in your opinion, can Trading Composure help me?
Hi Asmadi – Yvan Byeajee’s Trading Composure blog and all of the courses he offers can certainly help you learn a ton about the psychological aspect of trading. What’s great about his courses is that his tactics can be applied inside and outside the stock market. After all, mindset is critical in everything we do. But what will produce the best result overall is implementing a consistent mindfulness practice into your life (breathing exercises, meditation, etc.) It’s one thing just to learn about it, but the implementation of it is what will ultimately improve mood, stress levels, and trading profits – just to name a few benefits. I highly recommend the content available on his site.
What a comprehensive guide Yvan offers! There is an abundance of information that I can use in the future there. You are certainly right when you say that we must possess a successful mindset and have a good amount of ambition.
There are so many people today who talk about trading and saying that it is easy but if it is true everyone would be rich. I like how this program teaches about psychology because just like you said if you don’t prepare the mind for these things, failure is guaranteed. I will actually give it a try, it is not expensive compared to what could be lost in the market without the proper mindset.
In trading, nothing takes the place of mindfulness and staying abreast of the trading and also maintaining the balance emotionally, physically and mentally. This is really great to see here and I really like every bit of details shared here. To be honest, Nobody can earn without maintaining a certain level of mindfulness in their trading.
Hi Rodarrick – I couldn’t agree more. What most people fail to realize is the importance of mental sharpness in trading. Even little things like proper exercise, sleep, and staying hydrated can make a huge difference in trading results. Not being in the proper mental or physical state increases the chances of acting emotionally and irrationally. And that sort of erratic/inconsistent behavior is what produces erratic/inconsistent results. It’s a mirror effect.
It is almost impossible to even make a profit in the trading market without having a proper mindset. I am a big time fan of trading but the only limiting factor almost every time for me is the lack of a proper mindset and that has set me up for doom most times.
Hello there, it’s really exciting to see this course is worth it. I have read several books, have been told several times by my spiritual leaders, teachers and most people around that the mind has the power to construct or destruct our lives, finances and destiny. I am subscribed to one of the traders I admire in my country and he always talks about the mind being very important to determine one’s success while trading.
We’re so used to our everyday lives that we forget to focus on how our mindsets have been shaping us along the way. I’ve come across Yvan Byeajee’s courses before but I’ve never really looked in deeper to exactly what he offers and let me tell you, I’m really impressed. I just bookmarked this article so I can come back to it later and make a decision. I need to think about trying these courses out because I really need this kind of positivity in my trading and life in general.