Feibel Trading – Effective Habitual Practice

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Feibel Trading – Effective Habitual Practice

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Feibel Trading is a company that emphasizes the importance of effective habitual practice in achieving success in trading. According to them, developing and maintaining productive habits is crucial for traders to stay focused and achieve their financial goals.

At Feibel Trading, they believe that success in trading is not a matter of luck but a result of deliberate and consistent effort. The company recognizes that trading can be a challenging endeavor, and traders must develop the right mindset and habits to overcome obstacles and achieve their desired outcomes.

To achieve success in trading, Feibel Trading advocates for effective habitual practice. They believe that habits are crucial for traders because they help in building discipline, consistency, and focus. Effective habits enable traders to stay motivated, develop their skills, and make sound trading decisions.

Feibel Trading encourages traders to develop positive habits by creating a routine that incorporates specific tasks and objectives. This routine should be personalized to meet the individual needs and goals of each trader. For instance, a trader who prefers trading in the morning can develop a habit of waking up early, reviewing the market trends, and setting achievable goals for the day.

The company emphasizes the need for traders to cultivate self-awareness to identify their strengths and weaknesses. This awareness helps traders to develop habits that work best for them and avoid those that are detrimental to their trading goals. Traders must also remain committed to their habits, even when they face challenges or setbacks.

Feibel Trading encourages traders to incorporate various habits that support their trading goals. These habits include keeping a trading journal, managing risks, and maintaining a healthy lifestyle. Keeping a trading journal helps traders to record their trades, review their performance, and make informed decisions based on their past experiences. Managing risks involves developing a risk management strategy that helps traders to minimize losses and maximize profits.

Maintaining a healthy lifestyle is also crucial for traders to remain focused and motivated. This habit includes getting adequate sleep, exercising regularly, and eating a balanced diet. Feibel Trading recognizes that traders need to take care of their physical and mental health to stay productive and achieve their financial goals.

Feibel Trading also recognizes the importance of continuous learning in trading. They believe that traders must develop the habit of learning from their mistakes, seeking feedback from other traders, and staying up-to-date with market trends. Continuous learning enables traders to improve their skills and make informed decisions based on current market conditions.

In conclusion, Feibel Trading emphasizes the importance of effective habitual practice in achieving success in trading. The company believes that traders must develop positive habits that support their goals, cultivate self-awareness, and remain committed to their routines. By incorporating effective habits such as keeping a trading journal, managing risks, and maintaining a healthy lifestyle, traders can stay focused and motivated to achieve their financial goals. Continuous learning is also crucial in trading as it helps traders to improve their skills and stay up-to-date with market trends.

What’s Inside?

Practice in the broad sense of the term, is the act of doing something regularly or repeatedly to improve your skill at doing it – our first pillar.
One’s practice regime MUST become habitual; a persistent, continuous flow of day-to-day practice should be established.

Why? The essence behind EHP is to create muscle memory; this is a form of procedural memory that can help you become very good at something through repetition, primarily without conscious thought – our second pillar.

Researchers have found that practice alone doesn’t necessarily lead to mastery. Instead, experts suggest that the right kind of practice is what really matters when trying to optimise learning and increase skills; ergo the term ‘effective’, the final pillar from our trifecta of EHP. Effective practice is going in the direction you want to go in an efficient manner, this means setting goals and actively pursuing them. Our practice should be on the very cusp of one’s ability, ever so slightly out of our comfort zone, for this is where true growth resides.
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The secret that binds EHP is focus, the key to mastery and expedited growth. Our time dedicated to EHP should be treated as a ritual of sorts, no distractions of any kind. One may use the modern term of mindfulness; fully present with only our task at hand, truly committed and unwavering to any external sources of interference.
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Practice, if not monitored can have a detrimental effect, as the muscle memory doesn’t judge whether you’re doing well or bad, you may practice poorly and and create poor muscle memory; making the same mistakes time and time again, therefore the key is to build the correct muscle memory.
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How does Feibel Trading fit into this equation? professional feedback from experienced traders is an integral part of the process, we work very closely with our candidates, making the necessary adjustments that will inevitably lead to an improved state of EHP.
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Feibel Trading offers two solutions with LIVE mentoring, complete with bespoke individual training regimes that evolve with the trader – online solution 1 and our in-house training programme. For those traders who cannot fully commit to a course or have experience with LPA and our methods, we offer a monthly subscription service to various forms of practice LIVE via the internet.
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Benefits of EHP
Increase chart reading ability
Learn to trade different market conditions
Develop bar-by-bar price action skills
Finely tune trade execution
Gain deep insights into market behaviour
Multiple time frame analysis
Solidify principles found within LPA

Chart analysis from members
Understand the importance of volume integration
Plus much more