The Mindset of a Millionaire Trader
In episode 493 of the Desire To Trade Podcast, we will be listening to the recording of an interview with trading psychology expert, Rande Howell, as he discusses the mindset of a millionaire trader. Explore the importance of understanding emotions, mindfulness, and the psychological factors influencing trading decisions.
The video is also available for you to watch on YouTube.
Topics Covered In This Episode
- [00:00] Introduction
- [00:47] What’s new with Rande Howell?
- [01:22] What stops traders from following their plan
- [04:44] The reason for repetitive trading mistakes
- [07:17] The role of emotions in trading
- [12:13] Emotional regulation and mindfulness
- [18:06] The importance of self-mastery
- [18:31] How fundamental beliefs influence a trader
- [23:29] The psychology of winning and losing
- [26:29] Learn to have a probability-based mind
- [30:13] Gender differences in trading psychology
- [32:52] Staying on track during a losing streak
- [36:21] Strategies for overcoming trading challenges
- [41:11] Where to find Rande Howell (link below)
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
About The Desire To Trade Podcast
-
- Subscribe via iTunes (take 2 seconds and leave the podcast a review!)
- Subscribe via Stitcher
- Subscribe via TuneIn
- Subscribe via Google Play
- See all podcast episodes
What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
How to find Rande Howell
What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
