Roland Ullrich

CFA | Trading Coach

BREAKING NEWS: BOOK RELEASE -TRADING PSYCHOLOGY for Dummies HAS BEEN PUBLISHED BY WILEY IN THE US – NOW AVAILABLE IN THREE LANGUAGES – ENGLISH, GERMAN AND DUTCH –THE LEADING GUIDE ON PSYCHOLOGY OF TRADERS AND MARKETS
 
 

Why does the Vast Majority of Traders Fail in the Financial Markets?

Psychological overwhelm

You have been intensively involved with the markets for years and have long been an expert in technical and fundamental analysis. You employ promising strategies when trading and always use professional platforms. And yet you still don't manage to trade profitably and increase your trading capital. You regularly suffer setbacks and simply don't make any progress. The emotional roller coaster ride wears on your nerves. It has been proven that the overwhelming majority of traders lose money in the market. Traders regularly break or ignore their trading rules even though they know better. Traders fail due to emotional overload.

 

Lack of a trading business model

Trading is a tough business that needs to be systematically planned and developed. Those who trade without a plan will react headless at every setback and make expensive mistakes. Also, the costly subscriptions of market newsletters, professional signals services or automated trading strategies are not a shortcut on the way to financial freedom. No trader has ever become rich from the return promises of the various providers. Those who have the expectation of making a lot of money as quickly as possible and without much effort will fail. Without established trading concepts, a strategically thought-out business plan for your trading business it does not work. Realistic goals, self-tested strategies and your set of rules are the rock in the emotional surf of unpredictable markets.

 

The formula for success in trading

What is the most important success factor in trading? You yourself! Your Mindset. Your mental state. Your trading business model. The challenge with trading is a psychological challenge. Trading platforms and systems are important but do not determine your success. You alone are responsible for what you earn with your trading — not the technology, not the systems, and not the markets, either. It is not easy to make money consistently in the stock market. With a good dose of luck and chance, you will make money every now and then. But keeping the profits and building them consistently over an extended period of time is extremely hard.  That's because it takes a carefully developed business plan with a strategic plan for the long term. Drawing up a business plan creates clarity, structure and a realistic perspective. And it requires thinking about concrete and achievable financial goals as well as the time horizon. In day trading, traders lose sight of the longer-term goals because they focus on the time horizon in which they are trading. A business plan creates emotional distance and a change in perspective. You get a good idea of where you stand professionally and mentally, i.e. what trading style might fit your skills and living circumstances. It is a learning process with great gain in knowledge. The key to successful trading is the systematization of your trading approach.

 

The path is not the destination

Most beginners get started without thinking about what they actually want to achieve with trading. Here, the question of why is crucial. Do you want to build a second financial pillar or even become financially independent? What motivates you, what drives you? Only those who know their goals in trading will also find the path, i.e. the strategies and the trading approach that lead to the goal. The goal is not at the end of your trader career, but already extends over the whole way. All your attention, energy and trading activities are aligned to the achievement of your goals.

Learn from the Best

Meet your Trading Expert

I have worked 20 years in the institutional equities business at various investment banks in New York on Wall Street, in London and in Frankfurt. And I learned the art of professional trading from the best. I have deepened my psychological and neuroscientific know-how through a range of training courses. For twelve years, I have been passing on my knowledge in seminars, lectures, interviews, articles and individual coaching sessions: Best practices for institutional and retail traders. Do you want to benefit from this know-how and decades of stock market experience?

The Stock Market is all about Psychology, and Trading places Psychology under a Magnifying Glass

You have been intensively involved with financial markets for years and have long been an expert in technical and fundamental analysis. You trade promising strategies on professional platforms. And yet you still don't manage to trade profitably and increase your trading capital. You regularly suffer setbacks and simply don't make any progress. The emotional roller coaster ride wears on your nerves. It only takes one too big out of control losing trade to ruin your trading account. The overwhelming majority of traders are proven to lose money in the markets. Traders regularly break or ignore their trading rules even though they know better. Traders fail due to emotional overload.
Experts maintain that your emotions and your mental state are actually what determine the success or failure of your trading business. Those in the know are clear on this point: Trading is 80 percent psychology and 20 percent methodology.

Experts maintain that your emotions and your mental state are actually what determine the success or failure of your trading business. Those in the know are clear on this point: Trading is 80 percent psychology and 20 percent methodology.

What is the most important success factor in trading? You yourself! Your mindset. Your mental state. The challenge with trading is a psychological challenge. Trading platforms and systems are important but do not determine your success. You alone are responsible for what you earn with your trading — not the technology, not the systems, and not the markets, either.

Your trader personality is your most important asset

Successful trading is all about personality development; it challenges you to break with established habits and beliefs. It's about much more than just keeping your emotions under control and maintaining self-discipline. The best traders say: Trading is fundamentally a matter of character. The connection between personality traits and successful trading is crucial.

Do you have the personality of a successful elite trader? Which characteristics are the most important? Only when you have found the trading style that suits your personality will your strengths come to the fore, ensuring your success. Learn to assess yourself with all your potentials correctly. Discover your inner trader and find your mental edge in trading!

An old stock market proverb puts it well: If you don’t know yourself, the stock market is an expensive place to figure out who you are. Profitable traders have moved beyond themselves, overcoming that which initially limited them. It’s worth the effort, as they will readily acknowledge. In the beginning, there are rules and processes. The money follows. Having finally obtained their financial freedom, independence, and self-determination, successful traders will refuse to give up such hard-earned gains voluntarily.

Learn from the best –
Meet your Trading Expert

I have worked 20 years in the institutional equities business at various investment banks in New York on Wall Street, in London and in Frankfurt. And I learned the art of professional trading from the best. I have deepened my psychological and neuroscientific know-how through a range of training courses. For twelve years, I have been passing on my knowledge in seminars, lectures, interviews, articles and individual coaching sessions: Best practices for institutional and retail traders.

Three Steps to Becoming a Successful Trader

 
 
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Make an appointment for your personal expert talk.
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Free consultation by phone or video call to assess your current state and your needs in trading.

Three Steps to Becoming a Successful Trader

Icon Sprechen
1

Make an appointment for your personal expert talk.

 
 
Icon Lampe
2

Free consultation by phone or video call to assess your current state and your needs in trading.

 
 
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Your development to become a successful trader


  • Your development to become a successful trader
  • Gauging your aptitude: Personality traits and competencies
  • Regular individual coaching sessions
  • Online Webinars
  • In-Person Seminars

New Release: The English Translation of the Popular Book on the Subject of Trading Psychology

Book author: Roland Ullrich


This book helps you develop the mindset you need to respond correctly in any market condition. Make more money on your trades as you develop mental strength, act confidently, and avoid the typical mistakes traders make when they don't understand their own minds. When you stop underestimating how much your psychology governs your returns, you'll discover ways to tweak your own thought process for better trading results.

âś” Learn how human psychology influences decision making in financial markets and other areas of life âś” Discover advice and techniques that you can try right away to make more rational trades âś” Examine how institutional investors account for market psychology when they predict price movements âś” Earn better returns with the perspective of veteran traders who apply psychology-based techniques daily

Link to Amazon

New release: The English Translation of the Popular Book on the Subject of Trading Psychology

Book author: Roland Ullrich

This book helps you develop the mindset you need to respond correctly in any market condition. Make more money on your trades as you develop mental strength, act confidently, and avoid the typical mistakes traders make when they don't understand their own minds. When you stop underestimating how much your psychology governs your returns, you'll discover ways to tweak your own thought process for better trading results.


âś” Learn how human psychology influences decision making in financial markets and other areas of life âś” Discover advice and techniques that you can try right away to make more rational trades âś” Examine how institutional investors account for market psychology when they predict price movements âś” Earn better returns with the perspective of veteran traders who apply psychology-based techniques daily

Link to Amazon

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Get in contact with me