Desire To Trade Podcast | Interviews with Highly Successful Traders28 Mar 2016

033: The Most Valuable Insights On Trading Psychology w/ Andrew Menaker

The Most Valuable Insights On Trading Psychology - Andrew Menaker

Episode 33 of the Desire To Trade Podcast features Dr. Andrew Menaker, a highly knowledgeable and well-known psychologist in the trading world. Since 1995, Andrew has been coaching traders and top fund managers to achieve a better performance.

Being a trader himself, Andrew is frequently asked to speak at conference and is constantly being requested advices across the world.

I, personally, have been blown away by this interview. The depth of the information provided and the great interest I had in the topic made me listen very carefully to every single words spoken by Dr. Andrew Menaker on trading psychology.

From the start, Andrew Menaker mentioned "no one can master trading". This is a substantial thing to understand due to the fact that most of our decision-making is made subconsciously. Those looking to become perfect traders do not have a single chance to succeed.

The next very interesting thing to note is that we, as traders, bring our own personality to trading. Two traders do not see the exact same chart the same way. In fact, "We don't see the market as it is, we see the market as we are" is a powerful statement!

What’s covered in the podcast?

Why no trader can master trading & what to do about it
The source of our decision making
The greatest ability you must develop as a trader
What confidence truly is and how to get it
Andrew's #1 lesson for any trader
The true difference between a winning and a losing trade
How to journal powerfully
And so much more...

Show notes: http://www.desiretotrade.com/andrew-menaker/

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