Trading Psychology Secrets Of Wealthy Traders

In episode 444 of the Desire To Trade Podcast, we will be listening to the recording of an interview with Pat Bailouni who shares trading psychology secrets of wealthy traders. Learn the mindset you need to stop and develop to become a profitable trader.

The video is also available for you to watch on YouTube.

>> Watch the video recording!

Topics Covered In This Episode

• [00:00] Introduction
• [00:38] What’s new with Pat
• [01:09] The psychology of trading
• [03:14] Traders' expectations
• [05:31] Beginners stuck in a mindset of trying to flip things quickly
• [07:00] How do you handle the pressure that comes with trading?
• [11:12] Why diversification is important
• [11:58] Some people see everything as a scam
• [13:46] Key pillars of a good trading mindset
• [18:38] Traders making predictions and having unrealistic expectations
• [25:38] The value of trading coaches and mentors
• [26:26] Common mistakes traders make
• [30:15] On different ways to trade
• [35:14] Intuition in trading
• [36:10] Where to find Pat Bailouni (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:
  • EightCap (preferred Crypto and FX Broker)
  • AxiTrader (use our link to get a special bonus)
• 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 Pat Bailouni

• YouTube channel:  @PatBailouni 
• Instagram: @masteryourtradingmindset

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!