Jared Tendler, mental game coach, discusses the challenges traders face in managing their emotions. He emphasizes the importance of addressing psychological issues over technical skills. Topics include choking, getting 'In The Zone', and bridging the gap between knowledge and transformation in trading.

This episode focuses on peak performance.We are all familiar with the idea of coaching as a driver of peak performance in sports, however the concept of using coaching in other areas, particularly trading, remains largely alien to many. Yet trading is a high-performance activity. It requires clarity of mind, careful planning, acute reflexes, the ability to make split second decisions in fast moving complex and uncertain environments, and a competitive spirit. People rarely consider these aspects of trading. Most people see the job of trading as being about strategy and method. They thus devote vast amounts of energy to trying to find and develop systems or methods to win the strategy battle. It’s worth considering that the most successful traders do not have superior systems, methods or strategies to anyone else. What they do have is the ability to apply them more effectively. This is because they have the ability to work at peak levels of performance more often, more regularly and are able to sustain those levels. It is with this in mind, that people are turning increasingly towards performance coaching to help support, develop and motivate them towards developing a peak performance mindset and achieve excellence in the enormously challenging roles they face as traders.Mark Randall, one of the podcasts usual co-hosts is today the interviewed, rather than the interviewer. Mark, a veteran of the financial markets, is now one of the world's leading Peak Performance coaches.  For the past several years Mark has worked with people in trading and investment roles, as well as with people in leadership and management roles, and even those engaged in sports.  Mark focuses on developing the person to cultivate a peak performance mindset for the challenges they face. You can find out more about Mark and his work on the AlphaMind website https://alpha-mind.net. You can learn more about his Peak Performance Coaching programme for traders on the AlphaMind Blog here: https://alphamindblog.blogspot.com/p/the-alphamind-trader-mental-strength.htmlMark can be contacted on his email here mark@alpha-mind.net. Or you can also Direct Message him on twitter https://twitter.com/AlphaMind102 and on LinkedIn. 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.

Ryan Paisey has been in and around markets for almost 2 decades. He has been a market-maker, a day trader, a scalper and a prop trader (almost an interesting new line for Steve Miller Band's 'The Joker'). These days he devotes his energy to providing a trader news service ‘PriapusIQ’, which he describes as All Killer, No Filler, News & Commentary on all Things Markets & Geopolitics. His commentary, often accompanied by some acerbic market wit (yes he really is 'the joker'), provides a more slanted and edgy perspective on news and analysis which differentiates it from the standard news and information offerings traders receive. In this excellent chat with us, Ryan shares some deep thoughts and perspective about a host of aspects of trading from his many year’s experiences. He feels passionate about the learning journey for traders, and how so many people enter trading without the sort of support and guidance he had from experienced traders who were around him in the physical settings of trading room environments. As you will hear in this vibrant chat, Ryan doesn’t hold back on his views. Ryan is driven by a desire to provide traders with an edge by having the sort of slant on news and information which they fail to get from standard news services. With barriers to entry so low, many traders come into trading unprepared, or with unrealistic expectations and then have to fend for themselves. By contrast, when Ryan started, he had the benefit of learning in a trading room environment which provided the sort of incubation which many modern traders miss out.  His news service aims to help address the absence of the sort of high valuable spin on news, in relation to markets, that use to be available to traders working in trading room environments.You can learn more about PriapusIQ at https://www.priapusiq.com/You can follow Ryan on Twitter at @PriapusIQAlphaMind: 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.

Paul Craven, a behavioural expert with a strong background in the investment industry, shares some fascinating insights into how the mind plays tricks on us that impact how we make decisions and choices in our trading and investment activities.Paul  is an expert in the field of behavioural finance. He talks. lectures and has a deep passion for this topic. Paul understands the challenges people in these fields face from having spent a career in the industry working for leading firms such as Schroder’s Investment management, PIMCO and Goldman Sachs. Paul's now works to promote the understanding of how behaviours impact how people make decisions in their business, trading and investment activities. Paul believes that a better understanding of psychology and how real people make real decisions in the real world provides a strong competitive edge to those who embrace it.As a well-known industry public speaker, Paul has given an excellent TEDx talk, offers private consultancy and decision-making workshops, and is a visiting lecturer at the London Business School. In addition Paul also has a fascination for the world of magic, and is a member of the exclusive 'Magic Circle', meaning that he can offer an extra perspective on how “the mind plays tricks.”Paul is also involved with Behaviour Lab, whom he works with by analysing data and evidence provided by longer term portfolio managers, a number of investment biases appear that particularly prevalent according to research done by Behaviour Lab. In particular they see repeated examples of what they call the ‘Dirty Dozen’ most common biases - broken down into the main groupings of pattern recognition, stability, action-oriented and social biases. Major example of each include confirmation bias, the endowment effect, overconfidence and groupthink.You can find out more about Paul at https://www.paulcraven.com/Paul’s Twitter Handle is https://twitter.com/CravenPartnersPaul’s excellent and highly entertaining TEDx talk can be viewed here: https://www.youtube.com/watch?v=WdkgBlOt8m0AlphaMind: 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.

There is no easy money in trading, and just when you think there may be, the opportunities that produce it get snatched away from you. That’s the lesson our guest Joseph Gasperoni, who goes by the name JTrader, has learned and passed on to others in a 20-year career as a full-time day trader and educator.Jo started trading in the dotcom era in Italy. At a young age he was soon making the sort of money which most people dream of. Life seemed good and he seemed to be set-up for a great and fruitful career as a trader.  However, things change fast in markets, and the rich seams that Jo had tapped into soon ran dry. This maybe a sobering story for many young traders who are currently experiencing their own ‘easy money’. As Jo experienced, what seems like easy money rarely lasts, and when it stops, you need to work out how to make money in all market conditions. Following the taps running dry for Jo, he went through a period of deep reflection, anxiety and self-doubt. The period of underperformance was a hit to his self-esteem which he took personally, and which led to sleepless nights and panic attacks. After a break for a couple of years Jo returned and started trading in the U.S Markets, effectively starting over, learning a new strategy in a new market, and trading in new ways. The key to his story and subsequent success is one of adaption, evolution and re-learning. Jo also started his own educational arm which provides learning and mentoring services for traders. Education services are vital for new retail traders who miss out on the benefits of learning in a trading room environment. Whilst there are many dubious providers of trading education, Jo came to us highly recommended and we were able to explore this vital area of trader development.  As well as being a full-time trader and mentor, Jo is into mixed martial arts and bodybuilding.You can find out more about Jo on his website: https://jtrader.co/ and can follow him on twitter here https://twitter.com/jtradercoAlphaMind: 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.

Tom Canfield is a private retail trader with over 20 years in markets. Tom talks in-depth about the pain and the joy of trading and the emotional challenges he has faced in his career as a trader. Tom is a major contributor to the financial market twitter (fintwit) world and is known for his honest, deep and brutally frank reflections and insights about the reality and challenges of trading.We have been trying to get Tom on the Podcast for some time, however it was in response to a sensational Twitter thread which he pasted on the 1st January this year, that prompted us to try again. That Twitter thread, which got huge attention, inspired many to respond with their own stories. A transcript of the full thread can be read below: After trading profitably for a living every year since 2000, in late Jan of 2018 I lost 500k in an hour in the XIV blowup. It destroyed me mentally. I couldn’t think clearly for 18 months. Couldn’t stop “trying to get my money back” which just made it worse.Finally, I shut it all down scared shitless that I couldn’t trade any more. I had to protect what was left of what I had built over the previous years. The village of idiots in my head had somehow taken over the castle. I had to dive deep and fully accept the financial loss and so many other life losses that I was carrying with bitterness and anger to find neutral again. My career had become my compulsion to fix the wrongs of the past, my opiate that had huge hangovers. Thru the painful process of true awareness of what I was doing, I started day trading 100 shares of AAPL just to keep connected to my roots. Not thinking, not caring just trading my feel of the day from all that I had seen over the years.Not caring was liberating. It felt so good to trade and simply not give a shit if I made money or not. I just flipped 100 shares around based on my feel of the tape and I did this for 3 months while I licked all my wounds trying to figure out how to let it all go. cSummer 2019.The 1st month I made like 1500, 2nd month over 2k, and by the third month I had bumped to 200 shares without really realizing it, had 1 red day and made over 5k. So in Sept of 2019 I realized “well, fuck, I guess I’m a day trader.”Don’t care, don’t think, trade the tape.....just like I did as a swing trader before I went off the deep end. The rebuilding process has had its ebbs and flows as I’ve grown and clarified my structure. I’m trading more than AAPL now and I’m not trading 200 shares anymore. I’ve grown about 15-20x since that realization 16 months ago that I was now a day trader, and I’m starting to think and care again which worries me. So, here’s to 2021. Don’t care, don’t think, Trade the tape. It’s just another way of saying “Be Dumb, Follow Price” You can follow Tom on his twitter handle https://twitter.com/canny4 The tweet thread and some of the amazing responses can be viewed here: https://twitter.com/canny4/status/1345037742711971841?s=24AlphaMind: 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.

Glen Goodman is a cryptocurrency contributing expert for the London School of Economics and was formerly a Business Correspondent for BBC News and ITV News, interviewing leading politicians, including Boris Johnson, David Cameron and Theresa May.Glen is the author of The Crypto Trader, published by Harriman House. In this Amazon bestseller, he draws on 20 years of trading experience to show how to trade cryptocurrency successfully.Glen's Facebook page, Glen Goodman – The Shares Guy, has a quarter of a million followers. It focuses on teaching people how to invest sensibly in cryptocurrencies and other investments. He is regularly interviewed about cryptocurrency and other business topics for BBC TV & Radio, Reuters TV, Al Jazeera, LBC, The Guardian, The Independent, The Telegraph, Forbes and Newsweek, among others.Glen started trading cryptocurrencies while they were still in their infancy and quickly discovered there were enormous profits to be made. With his trading experience he was able to make those profits – and keep them, while most other traders were losing their money during the Bitcoin crash of 2018. Glen has continued to trade cryptocurrency successfully during the market recovery.You will come across few people with a greater passion and enthusiasm for trading than Glen. His first experiences of trading were in the dotcom bubble. Those first experience, as with so many who enter their trading career in a raging bull market, ended up being a painful one. However, Glen was hooked and was determined to learn how to trade, so that one day he could beat the system.Whilst Glen worked as a news journalist and reporter, he continued to learn how to be a trader. Eventually after a number of years, he hit upon the sort of consistent performance which meant he could commit more time to his passion.Combining his work and his passion for trading led to some interesting incidences. One story Glen tells is of the time he was reporting from the middle of anti-capitalist riots, being surrounded by mobs of anarchists throwing bricks at bank buildings and battling the police, whilst all the time he was busy trading and booking profits on his phone. These days, Glen is a full-time trader. As you can hear from this vibrant conversation, Glen has great enthusiasm for trading. In this interview, Glen shares his story and his journey into trading, talks about his early experiences, his learning journey and the time when it all started to come together. We also discuss crypto trading, its challenges and the nature of the crypto which differentiates it from other asset classes. Glen, as you will hear, is refreshingly honest, objective and well-informed about all things crypto. He is not an obsessive ‘hodler’ of bitcoin who believes it’s the greatest thing since the dawn of time, he is just curious about crypto, actively trades it, and is willing to be long when it's bullish and short or out when bearish.To know more about Glen Goodman you can visit his Facebook page: The Shares Guy and follow him on Twitter: @glengoodmanGlen’s book: The Crypto Trader is published by Harriman House – details of the book can be viewed here: https://www.harriman-house.com/cryptotraderAlphaMind: 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.

There's something incredibly potent and calming about insights from people who have been there and done it many times over.  AlphaMind hosts Mark and Steve have over 8 decades between them in markets, and thousands of hours coaching traders to move forward and progress in their work and get past the many mental and emotional challenges trading throws up. In this episode, Mark and Steve share 10 powerful insights and pieces of wisdom that they feel will help them to become better more productive traders and risk-takers. In their unique AlphaMind way, they distill these to the audience through a vibrant discussion based on the sharp lessons they have picked-up from their own struggles and experiences over many years.Amongst themes discussed are: Making space for yourself and stepping back form the screens and markets to be more present as a trader, more effective as an individual, and more grounded in the moment. The concept of a ‘Tripwire’ which brings you back to yourself and pulls you up when your process is going astray. Thinking of trading as a process with process orientation rather than a results orientation. Taking positive learning lessons from your experiences, digesting these and applying them to your work.Looking forward not looking down: Backing yourself, believing in yourself, not undermining yourself by lacking the faith you need in yourself to succeed in this very challenging world. Avoiding trying to perfect trades: Optimise and be happy with 80% instead of 100%. The importance of planning, even though plans rarely work out , planning is still vital and essential.  Detachment: Learn to walk away, be willing to recognise your fallibility and don’t’ dwell on errors. This comes back to having 'Tripwires'. How clearing the head and mind, and taking actions to do this, becomes a powerful source of insights which lead to better trading and more effective performance. How we need to improve how we develop our ability to generate insights, as opposed to just reducing the aspects of trading that we fail at. Understanding your reason for why you are trading, which market you are trading and why you are trading the way you are.Looking to other markets, products, styles, timeframes, and considering the  options open to you. Detaching your ego from your trading, and not seeking to validate your ego as a goal for your trading.  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.

Our guest this week is Chris Camillo, a unique and quite astonishing trader. Chris was recently featured in the Jack Schwager’s new book, ‘Unknown Market Wizards’. The title chapter for Chris’s interview was ‘Neither’, and it referred to Chris’s approach to trading, which didn’t make use of neither Fundamental Analysis nor Technical Analysis. Chris uses a unique approach to trading which he calls Social Arbitrage. It could best be described as ‘Observational Awareness’. Chris is also a big fan of the work of Peter Lynch, one of the legends of investing and author of one of the most influential books on trading and investing, ‘One up on Wall Street. Like Lynch, Chris seeks to find the long shots from which can produce "tenbaggers", trades or investments that have strong growth potential compared to the initial investment. However, unlike Lynch, Chris doesn’t crawl through company financial data, investigate the make-up of the board, or find opportunities within company accounts, instead he looks for information from the social environment that detects change early and then connects that change to investable opportunities. Chris has achieved incredible success in trading by searching out for new trends, without needing to carry out any fundamental analysis or technical analysis. He looks for information imbalances which find cheap value and exits when he gets what he considers ‘information parity’. In this interview Chris shares his passion with us, and talks about the challenges of trading, the advantages of being a retail investor, his love of the treasure hunt, and his dislike for trading using standard practices. He also tells us about the company he bought and sold ‘Ticker Tag’, which he would use to analyse twitter data for social arbitrage opportunities and identifying new trends hidden within the conversations on Twitter. We had a lot of fun with Chris on this great chat. As you will hear, Chris is full of passion for what he does in his work and in life in general. He also is involved increasingly in philanthropic causes and raising money for charity and plans to move his trading into a foundation to invest and make money for paediatric causes that are close to his heart. You can find out more about Chris at the following resources:Chris YouTube ChannelAnd their Twitter handle @DumbMoneyTVChris’s own Twitter handle is @chriscamilloAlphaMind: 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.

Our guest today is Marsten Parker. Marsten is one of the featured traders in Jack Schwager’s Unknown Market Wizards, the 5th book in the iconic Market Wizards series.Marsten is the only truly systematic trader featured in Unknown Market Wizards. Marsten started off as a software engineer before he developed his interest in trading after his company IPO’s and he found himself with a considerable shareholding. After leaving his company, and ignited by a new interest in markets, Marsten started trading fulltime in 1998. He soon moved from discretionary trading to systematic trading and developed his own 100% mechanical/quantitative strategies. Marsten's track record and consistency have been exceptional and over 22 years his average annual return has been in excess of 20%, with only 2 losing years.In addition to trading, Marsten has developed his own Multi-Strategy Portfolio-Level Backtesting Software called RealTest. This software is unique in being able to test out multiple strategies at the same time A key feature of Marsten’s success has been his curiosity and willingness to experiment and try new things, constantly looking to build upon and improve previous iterations and to constantly test out his ideas and assumptions. Marsten terms this his ‘Spirit of Experimentation’ a term which perhaps describes one of the key aspects of Marsten’s mindset and overall philosophy, which has been a key pillar of his success.One of the Real Surprises of this interview was, as you will hear, Marsten’s admission that he doesn’t even like trading that much, his real passion is designing and testing computer software. Trading if anything is the vehicle which allows him to pursue that passion. And perhaps somewhere within there maybe the secret to his success in that it ensures he does not get too attached and hung-up on the day to day outcomes of his trading. Despite his admission by Marsten, he has achieved outstanding performance and consistency as a trader and also software designer. In addition, Marsten is also a classically trained violinist, who had his interest in software design and the series of events which followed not occurred, we may have heard of him achieving success in a very different field.We hope you enjoy the conversation.You can find out more about Marsten and his RealTest product at:https://mhptrading.comYou can follow Marsten on Twitter: @mars10pAlphaMind: 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.