The AlphaMind Podcast

This week’s episode of the AlphaMind Podcast sees co-host Steven Goldstein musing over a webinar he gave to a group of Students from some of China’s Top universities. The students are preparing their applications for US graduate programmes and were keen to explore more about the world of Interest Rate Trading, Originally, we were aiming to record the webinar and release it directly as a podcast. Unfortunately, the sound quality was not strong enough. Instead in this episode, Steven shares his responses to the questions from the students. These covered a wide range of topics which will be of interest to new as well as seasoned traders.Questions asked include: What is the difference between a Market-Maker and a Proprietary Trader? Do traders at hedge funds also do Market-Making?Do Market-Makers just make Bid-Offer spread, or do they also take risk?What is the role of a Salesperson? Why can’t Market-Makers act as Salespeople? What criteria do clients consider, before deciding to trade with a Bank?If clients get good prices from traders, does that mean they will find it harder to make money?What are the different Trading styles used by traders?Is being in an analyst or research role dull?Is there too much Maths in investment banks?How do traders stay within the rules needed to execute effectively?What is the career path like for traders? Do you have any advice to students going for interviews?Thank you to Jing Liu for arranging the webinar. Jing coaches college students in china through the graduate application process. AlphaMind: Powering Performance in Global MarketsAlphaMind brings powerful change, growth and development to people and businesses within global markets.Driven by a deep understanding of how markets work, and how people and businesses function within them, we partner with clients to create personal performance improvements that elevate returns across their trading activities.Go to the AlphaMind website to know more.

Steven Goldstein, one of the world’s leading trader performance coaches is interviewed by the podcast Co-Host Mark RandallIn this podcast Steven shares his journey from his early days Trading Rates and FX in a Japanese banks in London in the mid-80s, to his time working on the proprietary trading desk at Credit Suisse and later Commerzbank and American Express, before opting to start a career as a Performance coach working with Traders and Investment Professionals.Steven shares his philosophy on how he helps traders to break past the self-imposed barriers we put which hold us back. In this interview Steven discusses: How coaching had helped him make a mid-career leap in trading performance. What is ‘Inner Game’ performance coaching.How does it differ from conventional forms of coaching? How Non-Directive coaching powers performance. Working with teamsHow the more successful traders are more likely to ask for coaching. Coaching as a tool to develop Growth Mindset.  Understanding the Systemic context of traders. The limits of learning trading Psychology, versus working in your own personal Psychology. How he helped traders recover from negative mindsets.  How Relationships, Belonging, Ego. Why Mindset is everything and developing and Mindset for Alpha is vital. Lessons from sports. – British cycling and micro improvements. Embracing the complex.To know more contact Steven – steven.goldstein@alpharcubed.com AlphaMind: Powering Performance in Global MarketsAlphaMind brings powerful change, growth and development to people and businesses within global markets.Driven by a deep understanding of how markets work, and how people and businesses function within them, we partner with clients to create personal performance improvements that elevate returns across their trading activities.Go to the AlphaMind website to know more.

In this episode Steven Goldstein interviews co-host Mark Randall. Mark is a Mindulness practitioner and veteran of the Financial Markets. Mark calls his approach ‘Mindfitness’. He describes it as 'Military Grade' mindfulness, basing it on the same principles of Mindfulness used by the US Special forces to help them be optimum when in training and on active service. Mark is a former Futures and Options broker who use to run Natwest and Greenwich Capital Futures. His broking career lasted more than 3 decades and he was present on Day 1 of the London International Financial Futures Exchange (LIFFE) in 1982.Mark learned about Mindfulness decades before it become fashionable having been taught its basics by his martial arts teacher. He used this to be able to perform optimally in the extremely stressful environments he worked in.Having left broking a few years ago, Mark developed his Mindfulness practice to help others, including leaders and managers in blue-chip corporations, and traders and investors in the financial markets, His programmes help them develop their own mindfulness skills to be able to perform at optimal levels in their work, to be more focused and resilient, and to be able to destress and gain clarity and calmness. In this interview I explore Mark’s approach to Mindfulness and how people can use it to improve their working performance to be optimal in their trading and investing performance.Themes which this conversation explores include:How Mindfitness helps people be more effective in their work.How Mindfitness develops resilience and improves decision-making and self-control.Mark’s journey from Broker to Mindfulness Coach and Facilitator.Mindfitness and recovery, sleeps, relaxation, health and nutrition.Emotional Intelligence: Improving Mental bandwidth and personal latency.Getting past mindfulness and meditation as a fad.Seeing the benefits of Mindfitness to Positive Performance.Reducing StressExploring Present Moment Awareness.Calming internal negative self-talk.Making space for clear thinking, creativity and seeing opportunity not threat.Gaining Clarity.If you are interested to know more about Mark's services. You can email Mark at ceo@markrandallconsultancy.comAlphaMind: Powering Performance in Global MarketsAlphaMind brings powerful change, growth and development to people and businesses within global markets.Driven by a deep understanding of how markets work, and how people and businesses function within them, we partner with clients to create personal performance improvements that elevate returns across their trading activities.Go to the AlphaMind website to know more.

Trading experts Steven Goldstein and Mark Randall discuss the significance of 'Growth Mindset' in trading, covering topics such as success psychology, potential development, managing setbacks, and creating an environment for growth. They emphasize the importance of transitioning from a fixed mindset to a growth mindset for success in the competitive trading industry.

Experts Mark Randall and Steven Goldstein discuss 'Mental Edge' in trading, covering risk intelligence, positive expectancy, poker, 'edge' in decision-making, self-refreshing, 'Trading Turtles', physical performance, caffeine effects, alcohol impact, military mindfulness, battling self and ego. Insights to elevate trading psychology and enhance performance.

Exploring the mental skills of trading, Steven Goldstein and Mark Randall discuss the importance of developing inner game aspects in risk performance. They delve into the concepts of Self and Presence, intuition in decision-making, and the role of 'Inner Game' in trading. The podcast introduces the idea of 'Financial Market Murmuration' and emphasizes the connection between mindset and performance.