The TraderLion Podcast The Holistic Approach to Becoming a Successful Trader in 2024 (Mike Bellafiore & Brett Steenbarger)
Jul 8, 2024
Trading coach Brett Steenbarger & SMB Capital co-founder Mike Bellafiore share insights on trading psychology. They discuss the power of teamwork, finding a unique trading edge, and developing discipline. Learn about creating a daily report card, embracing the right mindset, and building a profitable trading business. Discover the spiritual secrets behind successful trading and the importance of mentorship in mastering the markets.
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Episode notes
Soul over Ego
- Good trading comes from the soul, not the ego.
- Ego involvement leads to reactive, poor decisions.
The Rabbi's Wisdom
- Brett Steenbarger shares a story about a rabbi and a group of women stuck at an airport.
- The rabbi's wisdom emphasizes that we are never stuck, but always where we are meant to be.
The Broken Heart
- Emotional arousal, often from pain or setbacks, makes us open to change.
- A "broken heart" can thus be a starting point for improvement.