Shame, a Concealed, Contagious and Dangerous Emotion for Traders
Listen now
Description
Shame is an emotion we all have hardwired into us because it always has and always will serve a purpose in life. However, in trading, it can be VERY DESTRUCTIVE. A lot of people get into trading for the fortune that it seems to promise. Unfortunately for most, the reality is slightly less glamourous.  With the risks that come with it, emotions can be fleeting and often have a negative impact leading to a fight flight response.  Are you letting your emotions get in the way? Are you often making rash decisions that could potentially wipe out your trading account? In this episode of the Trading Psychology and Mindset Podcast, I deep dive into one of the emotions that drives life and drives trading - the emotion of shame. To the surprise of many traders, the stigma of shame sits behind much of their trading problems.  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] Shame often leads to the impulse of fight flight [1:43] How does shame affect trading? [3:24] The typical self protective maneuver amongst naive traders [5:20] How shame can be contagious [6:24] How shame can become dangerous when it results in self-attack [11:59] Shame serves the purpose of motivating us to save face [13:30]   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.
More Episodes
Feeling weighed down by the trading world? Tap into powerful insights from Pink Floyd and unlock a new way to invest with thought control! Step back into the rebellious 70s, where Pink Floyd rocked our world. As a child of that era, I battled society, the corporate world, and even my own family...
Published 06/14/23
Discover the right partnership that maximizes your profits! Stop wasting time on ineffective strategies and start seeing real results by teaming up with the perfect duo of your conscious and subconscious minds. Ever wondered who's really in control of your trading decisions? Brace yourself,...
Published 06/07/23