Description
Lance Breitstein joins The Wall Street Coach Podcast to discuss his incredible rise as a prop trader at Trillium, the importance having a growth mindset, and how to identify the nuances in both the market and your own trading to vastly improve your edge.
1:10 Introducing Lance Breitstein
4:15 Stepping away from prop trading
6:10 Combining hard work with smart work
13:25 Growth mindset, playing to strengths, and ridding yourself of limiting beliefs
20:05 The importance of self-awareness and introspection to adapt and grow
29:40 The advantage of maintaining a longterm perspective
36:10 The paradox of struggle and adversity
41:35 Reviewing “the most important moments” in your trading
43:18 Identifying the nuances of what works for you and when to size into trades
48:05 Breaking down theoretical discretionary trades through thought experiments
51:55 The value in game planning the realm of possibilities
54:48 The best trades have every trader on one side – TSLA and CVNA trade examples
1:00:20 Emotional intelligence in trading and life
1:05:30 The value of working with a performance coach
1:08:10 Combatting scarcity mindset and greed with identifying personal values
1:15:25 How the Impact Competition has a large scale impact
1:25:10 Advice to the average trader