Trading Psychology Expert Reveals The Truth
In episode 441 of the Desire To Trade Podcast, we will be listening to the recording of an interview with trading psychology expert, Mandi Pour Rafsendjani, as she reveals the truth! Does your current mindset sabotage your trading results? Learn the winning mindset of successful traders today!
The video is also available for you to watch on YouTube.
Topics Covered In This Episode
- [00:00] Introduction
- [00:52] What’s new with Mandi?
- [03:28] How do new traders handle the pressures that they have with prop firms?
- [06:48] Effects of prop firms' time limit on traders
- [09:45] The dynamics of taking losses in and outside of prop firms
- [12:46] Traders spending money on the market instead of getting proper coaching
- [16:54] Understanding the importance of backtesting
- [21:37] Not backtesting because the strategy “won't work out”
- [24:43] Switching from a tried and tested strategy to a new strategy
- [28:36] Traders expecting wins then giving up after some losses
- [30:37] Accepting or getting used to losses
- [34:19] How to maintain good money management on a losing month
- [38:17] Teaching yourself self-reliance on a smaller scale
- [43:10] The truth about “If you can do this on $1000, then you can do it on $500,000”
- [45:27] Training yourself to be more comfortable trading bigger amounts
- [47:39] Talking to traders trading big accounts can make a big difference
- [48:24] Where to find Mandi Pour Rafsendjani (links 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
- DesireToTRADE Forex Trader Community (free group!)
- Complete Price Action Strategy Checklist
- One-Page Trading Plan (free template)
- Recommended brokers:
- Desire To TRADE Academy
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What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
Where to find Mandi Pour Rafsendjani
- tradingpsychology.com.au
- highperformancetrading.com.au
- Twitter: @MPX_trader
Resources mentioned:
Day Trading Quickstart Guide
Forex Trading Quickstart Guide
12 Power eBook
What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!