Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders 444: Trading Psychology Secrets Of Wealthy Traders - Pat Bailouni
In episode 444 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Pat Bailouni who shares trading psychology secrets of wealthy traders. Learn the mindset you need to stop and develop to become a profitable trader.
The video is also available for you to watch on YouTube.
Topics Covered In This Episode- 00:00 Introduction
- 00:38 What’s new with Pat
- 01:09 The psychology of trading
- 03:14 Traders' expectations
- 05:31 Beginners stuck in a mindset of trying to flip things quickly
- 07:00 How do you handle the pressure that comes with trading?
- 11:12 Why diversification is important
- 11:58 Some people see everything as a scam
- 13:46 Key pillars of a good trading mindset
- 18:38 Traders making predictions and having unrealistic expectations
- 25:38 The value of trading coaches and mentors
- 26:26 Common mistakes traders make
- 30:15 On different ways to trade
- 35:14 Intuition in trading
- 36:10 Where to find Pat Bailouni (links below)
- and much more
What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group!
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What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
Where to find Pat Bailouni- YouTube channel: @PatBailouni
- Instagram: @masteryourtradingmindset
Resources mentioned: Day Trading Quickstart Guide Forex Trading Quickstart Guide 12 Power eBook
What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!