May 29, 2023
Trading Mindset Tips From The Expert - Andrew Menaker
In episode 404 of the Desire To Trade Podcast, we will be listening
to the recording of an interview with expert trading psychologist
Andrew Menaker for some trading mindset tips. Learn how to detach
your self-worth from your trades and a lot more powerful mindset
principles to improve as a trader.
The video is also available for you to watch on YouTube.
Topics Covered In This Episode
- 00:15 Introduction
- 00:31 Who is Andrew Menaker?
- 01:11 Seeking a psychology expert for trading
- 01:40 Training yourself to win trades
- 02:56 Duration of winning and losing
- 03:55 How to detach your self-worth from your trades
- 07:33 How your personality influences trading
- 9:31 What to do with personality traits hurting your trading
- 10:38 Training yourself to hold trades
- 11:54 How to create a strategy that works for you
- 13:31 The importance of trading psychology
- 15:00 Traders who don't believe in psychology
- 15:42 What helps improve traders who have been losing money?
- 17:59 Putting too many trades into a good process
- 19:11 Finding out what works best as a trader
- 20:09 "Your personality dictates your trading style"
- 2108: Andrew's thoughts on focusing on one strategy
- 22:02 Advice on patience for trading
- 23:57 Trading on different days of the week
- 24:47 Getting the most of post-trade journaling
- 26:45 Benefits of pen-on-paper journaling
- 27:23 Pre-trade journaling tips
- 29:59 Andrew's advice on trading psychology
- 31:18 Difference between retail traders who get good results and those who don't
- 32:44 Traders' commitment to trading psychology
- 34:02 Where to find Andrew Menaker? (link below)
- and much more
What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group!
Desire To Trade's Top Resources
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- Complete Price Action Strategy Checklist
- One-Page Trading Plan (free template)
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How To Find Andrew Menaker?
What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!