Good morning, traders.

Jeff here.

Your trading psychology is one of the most important aspects of long-term success in the stock market.

Yet many aspiring traders overlook this crucial piece of the puzzle, focusing too specifically on the technical aspects of trading.

And while the technical stuff is important…

All of the ‘Burn Notices’, chart patterns, and perfect setups in the market will do you no good if you don’t have the right mindset.

This is especially important to remember right now as we gear up for Nvidia Corporation’s (NASDAQ: NVDA) Q1 earnings report…

A lot of less-experienced traders are bound to make big mistakes around this huge market catalyst.

So, let’s make sure that you aren’t one of them…

TODAY, May 21st at 12:00 pm EST, I’m hosting an EXCLUSIVE LIVE event — Kingmakers: The NVIDIA Effect! 

This is your last chance to sign up.

But first, I’m gonna break down three of the most dangerous mental traps that you must avoid tomorrow. 

Mental Trap #1: Striving for Perfection

Are you a perfectionist?

Well, I’ve got a bitter pill for you to swallow, but it’s the truth…

Perfectionism is the arch-nemesis of excellent trading.

You don’t get an award or a cookie for getting the perfect trade.

If I nail an ideal exit on a position, nobody shows up at my house with a blue ribbon and says, “Jeff, you got the absolute to-the-cent high on Microsoft!”

It just doesn’t happen like that…

So, over my 25 years of professional trading, I’ve learned to forget about perfectionism.

I’ve learned that exiting, say, five cents below that perfect price gives me almost as much money without any international acclaim or recognition. 

I can accept that.

What I want you to do is to get away from perfectionism.

Get in there and start trading — just do it.

Put a small position on. Always interact with the stock market. Be nimble, pulling little pieces out of the market organically.

When you’re in action, in that flow state, you’ll end up with the correct position.

On the other hand, if you strive for perfection, you might find yourself freezing up — not knowing how to proceed.

Mental Trap #2: Going Into “Ostrich Mode”

Have you ever been in a trade, trying to nail the perfect entry and exit, and felt like your head was in the sand?

You freeze up and go into ostrich mode…

On Wall Street, that’s a fireable offense.

What happens is your brain goes into a state of shock when you experience an extremely negative emotional event—like a big loss in the stock market. 

But the good news is you can train that shock reaction out of your mindset.

The human brain is an unbelievable mechanism. There have been countless psychological studies on how you can control this phenomenon. 

So, next time you find your confidence affected by a rough trade, don’t let yourself go into ostrich mode. 

Take a deep breath, reset, and flip the switches you need to get your strategy back on track.

Don’t get stuck mentally after bad trades. 

On the other hand, don’t allow overconfidence to mess your game up either…

Mental Trap #3: Taking the “Victory Lap”

Do you find yourself taking “victory laps?”

You know what I mean…

You put on one good trade and start to feel invincible. 

You think, “I’m having a great day. I’m the best in the world. That was the best trade!”

But trust me — this mindset is a recipe for disaster.

When I worked at a hedge fund, we had a hard ban on victory laps. The firm would fire you on the spot if it felt you were taking a victory lap.

Don’t gloat — and not because you’re gonna make someone feel bad…

Avoid gloating to make sure you don’t tilt on the upside.

(“Tilt” is a poker term for a state of mental or emotional confusion/frustration in which a player adopts a suboptimal strategy.)

If you tilt in the market — you lose your edge, you lose the sharpness of your knife.

When you get too happy, you put yourself in an emotional state where you’re overvaluing a single victory. 

On the contrary, I think winning should become something you’re used to. It shouldn’t be something you celebrate with champagne.

A lot of traders go on losing streaks right after a big win because they let their guards down and get cavalier, flippant, and lazy. 

Don’t let this happen to you. Stay humble, forget about your last trade, and focus on what’s in front of you…

Kingmakers: The NVIDIA Effect

Nvidia’s upcoming Q1 earnings print is set to be the biggest catalyst of the year, bar none.

The trading opportunities are set to be incredible across the entire stock market. 

And if you’re trying to figure out how to position yourself for maximum profits, you’ve come to the right place…

TODAY, May 21st at 12:00 pm EST, I’m hosting an EXCLUSIVE LIVE event — Kingmakers: The NVIDIA Effect!

During this exclusive event, I’ll walk you through the HUGE upcoming NVIDIA catalyst that could launch an EXPLOSION of mega-moves in the coming days…

You’ll get an inside look at:

• The urgent NVDIA catalyst, and why it’s about to kick off some PARABOLIC moves next week…
• My elite hedge-fund-grade strategy YOU can leverage every day to skyrocket your trading potential…
• PLUS: How you can take advantage of this same strategy that I’ve recently used to find moves like 82% on FCX, 326% on PFE, 126% on CVNA, and 133.64% on ALB…*

This is your last chance. 

Don’t miss My LIVE event — Kingmakers: The NVIDIA Effect!

See you there,

Jeff Zananiri

*Past performance does not indicate future results