Don't Let Your Mind Sabotage Your Trading: Master the Mental Game of Trading

Steven Goldstein's Book: amzn.to/42QSBYX
/ alphamind101
For a day trader, the most important concept from the discussion would likely be "The Mental Game of Trading." This concept focuses on the importance of psychological preparation and mental resilience, which are crucial for navigating the rapid decisions and high stress associated with day trading. Understanding and managing your mental state can significantly impact your ability to make quick, effective decisions and to remain disciplined under pressure, directly influencing trading success.
00:00 - Introduction to Steve Goldstein and the Mental Game of Trading
01:34 - The Significance of Psychology in Trading
02:03 - Transition to Executive Coaching
03:09 - Coaching's Impact on Trading Performance
26:37 - The Role of Purpose in Trading
31:25 - Understanding Self and Managing Ego
35:39 - Learning from Losses and Embracing Vulnerability
38:25 - Adapting and Developing a Trading Philosophy
42:22 - Risk Management and Psychological Contracts
43:51 - Reflections on Coaching and Personal Insights
44:36 - The Intersection of Trading and Personal Growth

[@tinaaa9480]

Once one masters risk management, they are on the road to success. Great conversation. Thank you

[@thewallstreetcoach]

Thank you 🙏 Tina! I so agree. Glad you enjoyed it. Thank you for taking the time to share your thoughts!

[@rachaelrb]

I picked up Steven's book. I'm so excited to do a deep dive over the weekend. I loved everything about this interview.

[@thewallstreetcoach]

I'm so glad Rachael! It's a great book. I can't wait to hear what you think of it. 🙌

[@rlw2836]

Great interview. Steven is a great guy. I had the opportunity to meet and talk with him at a BBT conference

[@thewallstreetcoach]

I agree! I'm so glad that you got to meet him. Thank you for watching my pod and taking the time to comment. 🙇‍♀

[@0asisrkid]

Thank you for posting such a great interview.

[@thewallstreetcoach]

Glad you enjoyed it! Thank you for watching and for taking the time to comment! 🙇‍♀️

[@BeCuriousPodcast]

good episode. Thank you very much!!

[@thewallstreetcoach]

Glad you enjoyed it! Thank you for letting me know you dug it.

[@gorillaglue6498]

Great episode, thanks Kim and Steven! Waiting for part 2 :)

[@thewallstreetcoach]

I enjoyed this convo w Steven immensely. Thank you for watching and taking the time to comment. Here’s hoping he will return for part 2!