Stray Reflections The Inner Game of Trading
Jan 18, 2025
Trading isn't just about numbers; it's a mental and emotional battleground. Dive into the psychological dynamics that influence success. Discover how Timothy Galway's 'Inner Game' framework can transform your trading mindset. Learn the art of balancing your critical thoughts with your instinctual self to boost performance. Strategies for building trust and achieving relaxed concentration take center stage, revealing how your inner game can drive your trading results.
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The Inner Game of Trading
- Trading involves both external factors (strategy) and internal factors (mindset).
- The "inner game" played in the mind often determines success or failure.
Two Selves
- Self 1 is the conscious, analytical mind, while Self 2 is the unconscious, intuitive mind.
- These two "selves" interact and influence trading decisions.
Inner Dialogue Examples
- A tennis player's Self 1 might criticize their performance under pressure. Self 2 focuses on the physical act of playing.
- Similarly, a trader's Self 1 might question profit-taking, while Self 2 sticks to the plan.
