logo
episode-header-image
Mar 2022
35m 31s

341: Trading Mindset Secrets Of The Best...

Etienne Crete
About this episode

Trading Mindset Secrets Of The Best Traders

In episode 340 of the Desire To Trade Podcast, Etienne interviews trading psychologist Dr. Andrew Menaker. We discuss the trading mindset of the best traders. What are things the greatest traders do to improve their trading psychology & mindset? You'll find out by watching this video!

Let's get started!!!

Listen to Andrew Menaker's previous interview (2016)

Watch the video interview here

In This Episode, You'll Learn...
  • 0:15 Introduction
  • 0:36 What has Andrew done since his last interview with Etienne
  • 3:39 Why Andrew went from military consultant to trader
  • 5:01 How trading helps you grow and become better
  • 6:30 How to train to deal with risk and discomfort as a trader
  • 7:52 How can you know what works to improve your trading mindset
  • 10:29 What Andrew would tell to an emotional trader
  • 11:20 Why personal development is so hard
  • 14:07 Why professional traders need coaches
  • 15:27 Why do some goals hinder your trading
  • 16:33 What professional traders do differently than retail traders
  • 17:38 Why you are doing risk management wrong
  • 19:51 Does journaling matter for professional traders
  • 21:29 What to do if you hate journaling
  • 22:35 How your childhood affects how you trade
  • 27:29 How can you turn your weaknesses into strengths in trading
  • 29:00 How coaches keep successful traders successful
  • 30:07 What are the advantages of a retail trader over professional traders
  • 32:24 What it takes to migrate from bank trader to hedge fund trader
  • 33:43 Where to find Andrew Menaker
  • And much more!

What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group!

DesireToTRADE's Top Resources About The Desire To Trade Podcast How To Find Dr. Menaker?

What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!

 

Up next
Oct 27
531: The Truth About Day Trading For A Living - Blake Morrow
The Truth About Day Trading For A Living In episode 531 of the Desire To Trade Podcast, you will be listening to an interview with Blake Morrow — a veteran trader and founder of Forex Analytix — who breaks down what it really takes to trade for a living. He shares his 30-year jou ... Show More
28m 20s
Oct 20
530: Secrets To Full-Time Trading For Consistent Income - Erik Smolinski
Secrets To Full-Time Trading For Consistent Income In episode 530 of the Desire To Trade Podcast, you will be listening to an interview with Eric Smolinski from Outlier Trading to discuss what it really takes to build consistent trading income — not just through smart trades, but ... Show More
29m 13s
Oct 13
529: How To Trade Your Way To The Top 1% - Jerremy Newsome
How To Trade Your Way To The Top 1% In episode 529 of the Desire To Trade Podcast, you will be listening to an interview with trader and entrepreneur Jerremy Newsome, as he dives into what it really takes to reach the top 1% of wealth through trading and smart investing. Jerremy ... Show More
29m 34s
Recommended Episodes
Oct 2019
MI009: Day Trading for a Living with Andrew Aziz (Investing Podcast)
On today’s show, I talk with Andrew Aziz. Andrew is a PhD Chemical Engineer by trade, but when he was laid off from his job, he turned to day trading to provide him with income. He was unable to find reliable, credible resources to teach him how to trade, so he wrote an Amazon be ... Show More
50m 11s
Jul 2016
082: Futures Trader 71 – How to Become the Trader You Wish You Were
This week, for the second time on Chat With Traders, my guest is Morad or better known as; Futures Trader 71. As you could imagine, FT is a futures trader, he’s also very short-term and has been trading for about 16 years now. During this time, he was the founder of a successful ... Show More
1h 29m
Aug 2023
What Stages of Emotions do You Experience in Trading
In this week’s Talking Wealth Podcast, Dale talks about the various emotional responses or stages investors and traders go through and how this affects them. What type of trader are you? Are you fearful or greedy, do you panic trade or trade from FOMO? Does this result in you reg ... Show More
41m 34s
Jan 2022
Studying the US Investing Champion, Mark Minervini, Ep #97
Casey Stubbs is a 9 ½ year United States Army Veteran and married father of nine.  He is an entrepreneur, a leader in his local church, and is a successful business owner and trader.  Casey is dedicated to helping people from all walks of life fulfill their financial dreams, whil ... Show More
28m 8s
Oct 2022
NFT TRADING TIPS: HOW I WENT FROM 0 TO $100K WITH LIAM D
<p>In this episode, we talk with Liam D, a successful NFT trader.</p><p>There is a whole community out there that trades NFTs for a living. We wanted to invite one of those traders to the show to see what their world is like and what kind of strategy they use to trade NFTs full-t ... Show More
54m 52s
Sep 2023
How Do Expert Traders Manage Their Psychology
In this week’s Talking Wealth Podcast, Dale shares why so many traders trade not to lose while expert traders manage their psychology, so they trade to win. Imagine what trading would feel like if your results came easy and were consistent. Those who trade not to lose hold themse ... Show More
44m 40s
Sep 2021
Investment Masterclass with the Naked Trader
Forget about being a day trader, you need to let the money come in slowly and take a serious, business-like approach if you want to succeed - that’s the advice of Robbie Burns, better known as the Naked Trader. In this Money Clinic special Investment Masterclass Robbie shares his ... Show More
22m 26s
May 2023
My Parents Don't See Day Trading as a Real Job
<p>📉 <a class="anchor-1X4H4q anchorUnderlineOnHover-wiZFZ_" tabindex="0" title= "Get 1 Free Month of Software & 33% off commissions with Cobra now!" role="button" href="https://get.cobratrading.com/bthestory/" target="_blank" rel="noopener">Get 1 Free Month of Software & 33% off ... Show More
9m 3s
Apr 2023
Key Principles For Successful Trading | Simon Ree
On todays episode of Forward Guidance Simon Ree Author & Founder of The Tao Of Trading joins the show for a discussion on the key principles for becoming a successful trader.  Simon takes us back to March 2020, a period which kicked off an aggressive bull market leading all the ... Show More
1h 8m