Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders 033: The Most Valuable Insights On Trading Psychology w/ Andrew Menaker
Episode 33 of the Desire To Trade Podcast features Dr. Andrew Menaker, a highly knowledgeable and well-known psychologist in the trading world. Since 1995, Andrew has been coaching traders and top fund managers to achieve a better performance.
Being a trader himself, Andrew is frequently asked to speak at conference and is constantly being requested advices across the world.
I, personally, have been blown away by this interview. The depth of the information provided and the great interest I had in the topic made me listen very carefully to every single words spoken by Dr. Andrew Menaker on trading psychology.
From the start, Andrew Menaker mentioned "no one can master trading". This is a substantial thing to understand due to the fact that most of our decision-making is made subconsciously. Those looking to become perfect traders do not have a single chance to succeed.
The next very interesting thing to note is that we, as traders, bring our own personality to trading. Two traders do not see the exact same chart the same way. In fact, "We don't see the market as it is, we see the market as we are" is a powerful statement!
What’s covered in the podcast?- Why no trader can master trading & what to do about it
- The source of our decision making
- The greatest ability you must develop as a trader
- What confidence truly is and how to get it
- Andrew's #1 lesson for any trader
- The true difference between a winning and a losing trade
- How to journal powerfully
- And so much more...
Show notes: http://www.desiretotrade.com/andrew-menaker/
Get the FREE Complete Price Action Strategy Checklist: http://www.desiretotrade.com/complete-price-action-checklist/
Get the New FREE Perfect Engulfing Pattern Cheat Sheet: http://www.desiretotrade.com/perfect-engulfing-cheat-sheet-5/