Good Risk Management: Big Wins, Small Losses
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Description
It’s no secret, trading is not an easy field to master. Beyond the excitement, beyond the intensity and beyond the intellectual challenge of trading, lies risk management.  In this episode, I'll be diving deep into what is needed to retrain the mind we bring to trading, into the mind we need for profitable and sustainable trading success. Tune in to hear more about building an A-Level of mental fitness and achieve that winning mindset of a trader.  Train your mind to work FOR YOU — rather than against you.  If you’ve enjoyed this episode, don’t forget to like, share, and subscribe for more.  See you on the next one!    Episode Highlights: Welcome to The Trading Psychology and Mindset Podcast [00:00] Risk Management [1:42] Four ways that a well-thought out risk management plan can help you succeed in trading [2:52] Protect your capital [3:06] Maximise your profits [4:29] Financial goals can help you maximise your returns [5:05] The role of risk management in maintaining your emotional well being as a trader [6:27] The law of large numbers [8:03] The different risk management strategies [10:50] How to balance the opposite extremes of intensity of trading with the mundane part of risk management [12:45] The Five Shifts to Trading Mastery Masterclass [15:25]   Connect with Ash Playsted: Website: https://www.mindsetfitmethod.com/ Connect with me on LinkedIn: https://www.linkedin.com/in/trading-psychology-master-coach/ https://www.linkedin.com/company/the-mindsetfit-method/ Follow me on Facebook: https://www.facebook.com/mindsetfitmethod Follow me on Instagram: https://www.instagram.com/ash_playsted/ Follow me on TikTok: https://www.tiktok.com/@mindsetfitmethod Subscribe to my Youtube Channel: https://www.youtube.com/c/TradingPsychologyandMindset See omnystudio.com/listener for privacy information.
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