- My Trading Psychology
- Posts
- The Phelps Method for Traders
The Phelps Method for Traders
Train your mind to stick to plan and cut losses, even under pressure.
Michael Phelps is the most decorated Olympian in history. 23 gold medals. 39 world records. Pure dominance.
But his edge wasn’t just physical.
It was mental. And built through a daily routine of visualization.
His coach, Bob Bowman, had him rehearse every scenario in his mind.
Not just the perfect race, but every possible problem:
His goggles filling with water
His suit tearing mid-race
A bad dive off the blocks
Unexpected delays or distractions
He didn’t just imagine success. He trained for chaos. And because he did, he won races even when everything went wrong.
Like the 2008 Olympic 200m butterfly final. His goggles filled with water. He couldn’t see a thing. But he’d visualized that moment so many times, he just counted his strokes and won gold blind.
How This Applies to Trading
Most traders only rehearse the win.
The breakout that works. The trend that holds. The clean setup that pays.
But that’s fantasy. Real trading includes:
missed entries
fakeouts
slippage
sudden drawdowns
emotional urges to chase
setups that almost work
And if you’ve never mentally walked through those situations? You’ll freeze. You’ll panic. You’ll wing it. And blow up.
Daily Mental Reps: What to Visualize
Spend 10–15 minutes per day visualizing your trading scenarios.
Include all of it. The good, the bad, and the ugly.
Visualize in detail:
Your exact setup forming
Your entry trigger and execution
Taking profit where planned
Cutting a loss with no hesitation
Market conditions shifting mid-trade
News hitting during a hold
Getting tempted to overtrade and saying no
See yourself acting with discipline.
Feel the tension and then see yourself following the plan anyway.
That’s how you build the habit.
It’s Not Just Mental, it’s Programming
This is subconscious training.
You’re rewiring your reactions before the real pressure hits.
It’s like paper trading, but inside your head. You’re teaching your system how to behave when things go off-script.
When that mental pattern is locked in, you won’t:
freeze when price moves fast
revenge trade after a loss
move your stop just to avoid pain
fomo into setups you’d never touch on a calm day
You’ll act like the pro version of you. The one who made the plan when emotions weren’t involved.
Takeaway: Think Like Phelps, Trade Like a Pro
Phelps won gold because he trained for failure. He didn’t hope everything would go right.
He expected setbacks and prepared for them.
Start doing that with your trading. Every day, run the tape in your head.
Not just for winning trades, but for the ones that test your patience, your mindset, your risk limits.
The more you visualize, the less you react.
The less you react, the more you survive.
And survival is how traders win long-term.
Make visualization a habit. Not for motivation. But for execution.
Reply