Trading Psychology of the Best Traders in the World
In episode 555 of the Desire To Trade Podcast, you will be listening to an interview with Dr. Brett Steenbarger, a trading psychologist who's worked with top performers for decades. He breaks down why consistency has nothing to do with finding better setups. They walk through how traders unknowingly sabotage themselves—and what actually separates those who stay stuck from those who quietly improve over time.
The video is also available for you to watch on YouTube.
>> Watch the video recording!
Topics Covered In This Episode
- 00:00 Introduction
- 00:48 Who is Brett Steenbarger?
- 02:13 Do traders come to fix problems or get better?
- 03:23 The first thing Brett looks at when a trader wants to improve
- 04:56 Can traders coach themselves?
- 06:16 Leveraging your strengths: where success really comes from
- 08:26 Why you should figure out your strengths before trading
- 10:30 Psychological wealth as the foundation for financial wealth
- 12:59 The loneliness problem: why trading alone is a bad thing
- 14:37 Why mentoring others makes you better
- 15:39 Adapting to crazy markets (recorded during Middle East conflict)
- 17:30 What Brett tells traders when volatility spikes
- 19:30 Are markets irrational?
- 21:22 Advice for new traders for volatile markets
- 23:26 What's inside Positive Trading Psychology (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
About The Desire To Trade Podcast
How to find Dr. Brett Steenbarger's book
What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!
