Description
Many traders fall into the trap of mistaking impulsiveness for courage.
Oftentimes, actions based on impulse are driven by the fight or flight response, rather than rational thinking.
Courage in trading requires facing one's own beliefs and being open to the flow of information in the market. This can be challenging, but it is also an opportunity for growth and success in trading.
Why is it important to train the mind to have beliefs that correspond with the market without triggering emotional pain? How can you face your existing fears and beliefs with courage and rebuild them?
In this episode of the Trading Psychology and Mindset Podcast, I challenge the conventional wisdom about courage and impulsiveness in trading, and reveal the key to unlocking consistent profitability.
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 & Mindset Podcast [00:00]
What is impulsive? What is courage? [2:10]
The difference between courage and impulsiveness in trading [4:07]
The desire to make things happen is hardwired into us all [06:02]
The problem in trading done by traders [07:11]
Your true belief system is what gets exposed [09:25]
What is the threat in trading? [11:21]
How to neutralise the threat of the market [12:59]
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.
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