S3E66: How Trading Psychology Separates the Top 1% From Everyone Else

🎯 Ready to take control of your financial future? Visit https://bit.ly/3JsRdmj for access to FREE investing tools, including Andy’s “Power of 6” ebook. Most investors don’t fail because of bad strategies or the wrong stocks—they fail because of psychology. Fear, greed, and lack of discipline quietly destroy portfolios every single day. In this episode of Stockcast, Andy Tanner explains why mastering your mindset is more important than mastering the markets. You’ll discover how the top 1% control their emotions, why discipline beats speculation, and how to shift from gambling to true investing. Key insights include: -The #1 psychological trap that causes investors to lose money -How to replace fear and greed with calm, rational decision-making -Why cashflow is a mindset—not just a strategy -The mental habits that create long-term wealth Andy also shares real-world lessons from Robert and Kim Kiyosaki and shows why financial education and psychology go hand-in-hand. If you’ve ever wondered why smart people still fail at investing, this episode reveals the hidden factor. 00:00 Introduction 00:47 The Importance of Mindset in Investing 02:43 The Role of Psychology in Trading 07:21 The Power of Self-Awareness 17:14 Practical Tips for Mental Toughness 18:26 The Value of Mentors and Coaches 20:50 Planning and Adaptability in Investing 24:27 Warren Buffett's Timeless Advice 27:43 The Psychology of Fear and Greed 29:46 Understanding Human Behavior and AI 35:29 The Future of Jobs and AI's Impact 37:47 The Importance of Mindset in Investing 43:43 Final Thoughts and Call to Action