{"id":37131,"date":"2014-04-09T10:51:40","date_gmt":"2014-04-09T14:51:40","guid":{"rendered":"http:\/\/www.smbtraining.com\/blog\/?p=37131"},"modified":"2023-04-17T10:55:12","modified_gmt":"2023-04-17T14:55:12","slug":"traders-ask-how-do-i-improve-my-trading-confidence","status":"publish","type":"post","link":"https:\/\/www.smbtraining.com\/blog\/traders-ask-how-do-i-improve-my-trading-confidence","title":{"rendered":"Traders Ask: How Do I Improve My Trading Confidence?"},"content":{"rendered":"<p>We received this question from an SMBU reader:<\/p>\n<p>Hello Mike,<\/p>\n<p>I&#8217;m honored to write to you. My name is Nicolas, I live in Kiev (Ukraine). I&#8217;ve already read your book &#8220;<a title=\"Get it on Amazon\" href=\"http:\/\/www.amazon.com\/One-Good-Trade-Competitive-Proprietary\/dp\/0470529407\" target=\"_blank\" rel=\"noopener\">One Good Trade<\/a>&#8220;. I&#8217;m a trader with 8 month of experience and I have some\u00a0difficulties with it.\u00a0I would be very grateful if you could help me. I have fear in my trading. I can\u2019t\u00a0actualize my trading ideas because I&#8217;m afraid of losing money. That\u2019s why I\u2019ve already missed a lot of \u201cOne Good Trades\u201d. Could you give me some advise on how I can improve confidence in myself and get rid of my trading fears. I\u2019m working hard (min 10 hours per day), I\u2019m trying to turn one day into ten, but I don\u2019t see any results in trading yet. I would be very happy to receive an answer from you.<\/p>\n<p>Thank you so much! Good luck!<\/p>\n<h3>Ways to Help Improve Your Trading Confidence<\/h3>\n<p>Like Nicolas, we all at some point lose confidence in our ability to trade.\u00a0 Some never develop trading confidence at all, never learning how good they can be as a trader. These SMB Blog posts provide some great solutions to help improve your trading confidence.<\/p>\n<ul>\n<li><a title=\"regain your trading confidence\" href=\"http:\/\/www.smbtraining.com\/blog\/how-do-i-regain-my-trading-confidence\" target=\"_blank\" rel=\"noopener\">Ways to regain your trading confidence<\/a><\/li>\n<li><a title=\"trading confidence webinar\" href=\"http:\/\/www.smbtraining.com\/blog\/trading-frustration-2-a-lack-of-trading-confidence\" target=\"_blank\" rel=\"noopener\">Solutions to a lack of trading confidence (webinar video)<\/a><\/li>\n<li><a href=\"http:\/\/www.smbtraining.com\/blog\/increasing-your-confidence-as-a-trader\" target=\"_blank\" rel=\"noopener\">Staying confident in your trading when you&#8217;re positive P&amp;L<\/a><\/li>\n<li><a title=\"rebuild your confidence\" href=\"http:\/\/www.smbtraining.com\/blog\/rebuilding-confidence\" target=\"_blank\" rel=\"noopener\">Rebuilding your confidence\u00a0after a few bad days<\/a><\/li>\n<li><a href=\"http:\/\/www.smbtraining.com\/blog\/traders-ask-how-do-i-overcome-my-fear-of-failure\">The Importance of Small Wins<\/a><\/li>\n<\/ul>\n<p><em>You can be better tomorrow than you are today!<\/em><\/p>\n<p><span style=\"line-height: 1.5em;\">Mike Bellafiore is the Co-Founder of SMB Capital and SMBU, which provides trading education in stocks, options, forex and futures. Bella is the author of <\/span><em style=\"line-height: 1.5em;\"><a href=\"http:\/\/www.amazon.com\/One-Good-Trade-Competitive-Proprietary-ebook\/dp\/B003VIWRJA\/ref=sr_1_1?s=books&amp;ie=UTF8&amp;qid=1396299609&amp;sr=1-1&amp;keywords=The+PlayBook+one+good+trade\">One Good Trade<\/a><\/em><span style=\"line-height: 1.5em;\"> and <\/span><em style=\"line-height: 1.5em;\"><a href=\"http:\/\/www.amazon.com\/Playbook-Inside-Think-Professional-Trader\/dp\/0132937646\/ref=sr_1_1?s=books&amp;ie=UTF8&amp;qid=1358899059&amp;sr=1-1&amp;keywords=The+PlayBook+mike+bellafiore\">The PlayBook<\/a><\/em><span style=\"line-height: 1.5em;\">.<\/span><\/p>\n<p>No relevant positions<\/p>\n","protected":false},"excerpt":{"rendered":"<p>We received this question from an SMBU reader: Hello Mike, I&#8217;m honored to write to you. My name is Nicolas, I live in Kiev (Ukraine). I&#8217;ve already read your book &#8220;One Good Trade&#8220;. I&#8217;m a trader with 8 month of experience and I have some\u00a0difficulties with it.\u00a0I would be very grateful if you could help me. I have fear in &#8230; <a href=\"https:\/\/www.smbtraining.com\/blog\/traders-ask-how-do-i-improve-my-trading-confidence\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":290,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3744],"tags":[276],"class_list":["post-37131","post","type-post","status-publish","format-standard","hentry","category-ask-bella","tag-traders","no-post-thumbnail"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.1.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Traders Ask: How Do I Improve My Trading Confidence? | SMB Training<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smbtraining.com\/blog\/traders-ask-how-do-i-improve-my-trading-confidence\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Traders Ask: How Do I Improve My Trading Confidence? | SMB Training\" \/>\n<meta property=\"og:description\" content=\"We received this question from an SMBU reader: Hello Mike, I&#8217;m honored to write to you. My name is Nicolas, I live in Kiev (Ukraine). I&#8217;ve already read your book &#8220;One Good Trade&#8220;. I&#8217;m a trader with 8 month of experience and I have some\u00a0difficulties with it.\u00a0I would be very grateful if you could help me. I have fear in ... 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