Lance Breitstein on Becoming an Elite Trader
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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
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