Master your mindset and boost your investing success
Investing Psychology Secrets is your golden key to developing an unshakable mental toughness when it comes to investing in and trading shares. If you want to truly excel as an investor, you need to develop your psychological fitness first - so you can confidently handle whatever the sharemarket might throw at you. Investing Psychology Secrets reveals practical, evidence-backed methods to build your money mindset and improve your psychological strengths as an investor.
To grow your wealth consistently, you need to be able to triumph throughout the struggles and stress, the wins and breakthroughs, in ever-challenging financial markets. In this book, Louise Bedford, a leading expert in behavioural finance and the bestselling author of Trading Secrets and Charting Secrets, unveils her strategies for confident investing. She shows you how to build your resilience, maintain focus, and thrive in the face of market shake-ups.
With Investing Psychology Secrets, you’ll discover:
- How to create habits for success, with winning routines that lead to exceptional investing and trading
- Why positive thinking can shoot you in the foot and sheer willpower isn’t enough
- How to master your emotions and rewrite the money scripts that can boost your profits
- The paradigm-shattering truth about how meditation and mindfulness can reshape your results (it’s not what you think!)
- The unexpected connection between tarantulas, self-worth, and investing success - and what the neighbourhood cat can teach you about effective trading
Get ready to take control of your trading destiny, with the help of one of Australia's best-selling personal finance authors. With Louise Bedford’s Investing Psychology Secrets, you’ll build real, tangible investing skills - and unlock the secrets for lasting financial success.
Table of Contents
Prologue: Let’s kick off ix
Key 1: Success habits 1
Build winning routines for exceptional investing and trading
1 Why is psychological fitness essential? 5
2 Start, damn it start 17
3 Autopilot investing 31
4 Three rookie habits hurting your results 43
Key 2: Emotional mastery 51
Keep your cool and flourish
5 The hidden forces behind self-sabotage 55
6 Regaining focus in a distracted world 63
7 Purpose trumps passion 73
8 Isn’t it all just luck? 85
9 How to develop objectivity 93
Key 3: Money mindset 101
Know yourself to boost your profits
10 Your money scripts could devastate you 103
11 The investment gender gap - fact or fiction? 117
12 Raising money-wise kids to shape the financial confidence of the next generation 127
13 How to stop money ripping apart friendships 131
Key 4: Recharge and renew 141
Stay energised for optimal performance
14 Avoid trader burnout 145
15 Recover from the market knocks - fast! 155
16 How to handle a big loss 171
17 As close as you’ll get to a quick fix 183
18 Debunking the myth of willpower 189
Key 5: Motivation 199
Use inspiration to drive your results forward
19 Game on - exploring the winning mindsets of athletes and investors 203
20 Feel the pain and do it anyway 211
21 Approach your goal setting the right way 215
Key 6: Prime your mind for success 225
Stories and exercises to reprogram your subconscious
22 Don’t delay 227
23 Should you compare yourself to others? 229
24 Silver boxes 233
25 Your number one enemy 237
26 Stumbling blocks 239
27 What’s your currency? 241
28 Can money buy you happiness? 243
29 Is this all there is? 245
30 The self-startler 247
31 Your investing identity 251
32 Eight things I wish people had told me about being a trader 253
33 The forgotten struggle 257
34 The brutal reality of investing: why honesty is the key 259
35 No mud, no lotus 261
36 Cane toad narcotics 263
37 Investing lessons from Cleo the cat 265
38 Love affair with money 267
39 How an exotic dancer changed the way I viewed investing forever 269
40 Are you a dandelion or an orchid trader? 273
41 Permission to be rich 275
42 Yes, they saw my undies 277
43 Are you ready to become a full-time trader? 279
Epilogue: It’s just the beginning 283
Sources 289
Further reading 303
Acknowledgements 305
