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Why You Over Trade Forex & How To Fix It
In episode 286 of the Desire To Trade Podcast, I sit down to discuss why you may over trade Forex, Over-trading is an issue that a lot of aspiring traders face, Mandi Pour Rafsendjani, trading psychology expert, explains what causes over trading and revenge trading as well as what steps you can take to stop over-trading.
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Watch the video interview here.
Topics Covered In This Episode
- [0:15] Intro
- [0:38] What is overtrading
- [6:00] Is over trading a natural behavior or a sign of an underlying issue?
- [11:27] Is Overtrading a sign of limiting beliefs around money?
- [16:45] How our self-image affects our trading
- [22:25] How our personality affects our way of taking trades
- [28:40] How to improve limiting beliefs and trauma in trading
- [33:40] Can you improve your personality profile as a trader?
- [36:58] What are the difficulties of adapting and improving your personality for trading
- [42:43] How do you adapt to trade larger amount of capital
- [45:41] What mandi think of the saying “You can't go broke taking profits”
- [50:51] Final word from Mandi on how to navigate the current market condition
- 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!
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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!