Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders 375: Developing A Winning Trader Mindset - Pat Bailouni
Nov 7, 2022
24:34
Developing A Winning Trader Mindset
In episode 375 of the Desire To Trade Podcast, Etienne sits down with Pat Bailouni to discuss trading mindset and how to develop a winning trader mindset.
In This Episode, You'll Learn...- 0:15 Introduction
- 0:41 Pat Bailouni shares how he started trading
- 3:00 His journey on studying the human brain to become a better trader
- 4:02 Most helpful changes to become a profitable trader
- 4:40 Strategy for consistency in the market
- 6:05 Current trading focus
- 7:45 Trading mindset
- 8:35 Two types of decisions - Outcome-based decision
- 9:25 Process-based decision
- 10:53 Building self-awareness
- 11:22 Two ways to continue making process-based decisions in trading
- 16:38 How to fix your mindset when you’re losing
- 18:40 How to handle losses when trading prop firm accounts
- 19:45 Risk-management protocol, protecitng your psychology
- 21:32 Going back to normal risk levels
- 23:58 Best practices in prof firm trading
- 24:13 Connect with Pat Bailouini and learn more about his work
- And much more!
What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group!
Desire To Trade's Top Resources- DesireToTRADE Forex Trader Community (free group!)
- Complete Price Action Strategy Checklist
- One-Page Trading Plan (free template)
- Recommended brokers:
- Desire To TRADE Academy
- Subscribe via iTunes (take 2 seconds and leave the podcast a review!)
- Subscribe via Stitcher
- Subscribe via TuneIn
- Subscribe via Google Play
- See all podcast episodes
What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!