Podcasts about steenbarger

For many, entering the world of trading is driven by the dream of freedom—specifically, the desire for financial independence and the ability to dictate one's own time and life choices. But have you considered the true cost of this dream? Are the rewards that come with pursuing this path worth the sacrifices required?This is a special Independence Day edition and I'm hosting a very special guest, an icon in trading psychology world – Dr. Brett Steenbarger – and together we are delving into a topic close to the hearts of many traders—freedom. Get FREE Trading Mindset Tips email series with easy and immediately actionable tips to help you break free from the failing cycle and build the mindset required for successful trading. Click HERE. About Dr. Brett SteenbargerDr. Brett Steenbarger, Ph.D., a Teaching Professor of Psychiatry and Behavioral Sciences at SUNY [sunie] Upstate Medical University in [syrakius] NY Syracuse, NY. Dr. Steenbarger is known for his expertise in brief therapies and multicultural counseling, teaching these subjects to doctoral interns in psychology and residents in psychiatry. With a background in clinical psychology from Duke University and the University of Kansas, he has published extensively, including over 50 peer-reviewed journal articles and book chapters on brief therapies in psychiatry. In 2003, Dr. Steenbarger shifted to a part-time faculty role to focus on finance, where he coaches traders and portfolio managers using short-term psychological methods. He has collaborated with numerous financial firms, authored five books, such as “Enhancing Trader Performance”, “The Daily Trading Coach", and “The Psychology of Trading” .Contact Dr. Brett Steenbarger:Twitter: @steenbab About Agnieszka WoodFounder and CEO of Ahead Coach, Trading Mindset CoachAgnieszka Wood, is a passionate and accomplished day trader with over a decade of hands-on experience in the financial markets. Coming originally from Poland but having spent most of her life abroad, notably in the Netherlands and the United States, Agnieszka brings a diverse perspective to her work. Her journey is marked by conquering challenges, a deep passion for self-development, a commitment to unlocking her full potential, and a relentless pursuit of excellence.Since 2019, Agnieszka has taken on the role of Founder and CEO of Ahead Coach, a coaching platform where she conducts her transformative work as a Trading Mindset Coach. Through Ahead Coach, she offers coaching programs for traders that draw on her extensive 20+ year background in Neuro Linguistic Programming (NLP), life coaching and her own experience in trading. Her holistic approach is designed to empower individuals not only in their trading endeavors but also in all aspects of life.Agnieszka's influence extends beyond her coaching practice. She is a respected speaker at various trading events, where she shares her insights and knowledge with fellow traders and enthusiasts. In the trading education industry, she is known for her expertise in mindset coaching, helping traders overcome psychological barriers and build consistency.Passionate about guiding individuals towards tangible results, Agnieszka thrives on taking on new initiatives and projects that promote personal growth. Her multifaceted expertise, unwavering dedication, and holistic approach make her a trusted coach for those seeking transformation and success. ____________________________________✉ Contact me: launchyourlife@aheadcoach.com____________________________________▶️ My website: https://www.aheadcoach.com/▶️ Twitter: https://twitter.com/Ahead_Coach▶️ Facebook: https://www.facebook.com/agnieszkawoodpage/

What do you think of when you hear the words sex trafficking? Maybe your mind goes to 2012 in Uganda when the warlord Joseph Kony kidnapped tens of thousands of girls or the daring rescues of Tim Ballard shown in Sound of Freedom. Now, the words "sex trafficking" are being associated with Puff Daddy. These accounts of the suffering of women and men undergoing commercial sexual exploitation dominate our media and mental images, but they're not the norm. The reality is that what was once called sex trafficking is happening in our own neighborhoods, and my guest, Mark Steenbarger of Point of View Story, is a filmmaker who works to liberate those trapped in a cycle of abuse. He shares with us the typical face of commercial sexual exploitation, what is being done to fight it, and how we can be vigilant with our own kids.   Point of View Story Website - https://www.pointofviewstory.com Do you have comments or questions about this episode? Visit it on ChrisSpangle.com and leave one! --- Join our Patreon now for commercial-free shows, bonus content, and our complete archives - https://www.patreon.com/wearelibertarians --- Join our Facebook Group to meet other listeners. - https://www.facebook.com/groups/walnutssociety --- Visit Chris-Spangle.com to see my other podcasts and projects or to add me on social. www.Chris-Spangle.com --- Looking to start a podcast? Download my podcast Podcasting and Platforms now, and check out my recommendations for buying the right equipment. Chris Spangle and Leaders and Legends, LLC edited and produced this podcast. If you want to start a podcast or take yours to the next level, please get in touch with us at LeadersAndLegends.net. Learn more about your ad choices. Visit megaphone.fm/adchoices

"The Daily Trading Coach" by Brett N. Steenbarger serves as an invaluable manual for traders looking to navigate the psychological landscape of the financial markets. Packed with 101 lessons, the book delves into the essential psychological aspects of trading, establishing it as both a cognitive and performance activity. Steenbarger presents pragmatic strategies for goal setting, increasing self-awareness, and managing emotions, all pivotal for achieving trading success. By treating trading as a performance discipline, the book provides readers with the psychological toolkit needed to tackle the mental challenges inherent in trading and elevate their trading performance.

Uno de los libros que más me impactó hace años fue uno de Brett Steenbarger, reconocido psicólogo clínico y trader estadounidense que ha publicado numerosos artículos sobre psicología del trading, debido a su amplio conocimiento del control de las emociones. En ese libro describía que hay que operar en Bolsa del modo que lo haría un francotirador y esto es algo que siempre intento inculcar a todos los suscriptores de Ecotrader y lectores de elEconomista.es, que aprovecho para desearles unas felices fiestas.Piensen que si un francotirador se volviese demasiado agresivo y se aburriese esperando el tiro adecuado, saltaría de su escondite y comenzaría a disparar al enemigo sin ton ni son. La mayoría de tiros se desperdiciarían y el francotirador fuera de control sería rápidamente localizado y acribillado a tiros. Un buen francotirador espera al disparo ideal y sus herramientas esenciales son el sigilo, la visualización del entorno y un exquisito auto-control y juicio, que son virtudes que debería tener todo inversor en Bolsa.Desde hace semanas vengo insistiendo que para realizar nuevas compras en renta variable había que ser pacientes y esperar a tener una visión despejada del objetivo, algo que ya está ocurriendo a corto plazo gracias al techo que los principales índices mundiales establecieron en los máximos de hace dos semanas, donde concluyó el alza que nació a mediados de octubre.Análisis estratégico del EuroStoxx 50Tener identificado el origen y el fin de ese movimiento alcista, que en el caso del EuroStoxx 50 lo llevó de los 3.250 a los 4.035 puntos, me permite saber dónde se encuentra el objetivo o zona donde hay que enfocar la mira. En este sentido, lo ideal para obtener una ecuación riesgo/recompensa interesante sería asistir al menos a una corrección entre la mitad y dos terceras partes de esa alza. Les hablo de niveles como son los 3.645 / 3.520 puntos del EuroStoxx 50, que se encuentran a un 5 y 7% de distancia de niveles actuales.Ahí les recomendaría comprar manejando un stop en los 3.400 puntos, cuya cesión haría que aumentara el riesgo bajista de asistir a una caída hacia niveles donde cotizaban las bolsas europeas antes de la aparición en escena de la vacuna de Pfizer, esto es los 2.900/3.100 puntos del EuroStoxx 50, que es una hipótesis que no puedo descartar en la medida que el último rebote no logró batir la resistencia de los 4.050 puntos.Al otro lado del Atlántico todo sigue igual. Después de fracasar el Nasdaq 100 y el S&P 500 en sus respectivas directrices bajistas, que son las que vienen guiando de forma milimétrica las caídas desde noviembre y enero respectivamente, ahora todas las miradas deben estar puestas en el hueco que generaron al alza el pasado 10 de noviembre. El proceso de reconstrucción alcista que nació a mediados de octubre seguirá vivo mientras no se cierren estos huecos, para lo cual deberíamos ver al S&P 500 perder los 3.700/3.750 puntos y el Nasdaq 100 ceder los 10.800 puntos. Esos niveles pueden ser considerados entornos de compra agresivo teniendo claro que si se pierden habría que cerrar esas compras ya que en tal caso me parece que van a pintar bastos en este comienzo de año 2023.

When the market knocks you down, how can you be like Rocky and get back up again? Mike & Melissa discuss trading endurance & what it means to prepare yourself for the many mental hurdles you’ll encounter along this trading journey. They are thrilled to be joined by Bestselling author & Top Trading Psychologist Dr. Brett Steenbarger to provide valuable insight on how to best mentally prepare yourself for trading success. In today’s Trader’s Mindchat Show episode you will learn: * How to leverage your current trading strengths and find trading and investing success in a challenging and ever-changing market conditions. * To apply the lessons Dr. Steenbarger has learned by working with highly successful traders and money managers. * Dr. Steenbarger’s ABCD Framework: Adapting to changing markets; Building emotional, cognitive, social, and personality strengths; Cultivating creativity; and Developing best practices across each phase of the trading process. #tradersmindchatshow #winthementalbattleoftrading Dr. Brett N. Steenbarger is a Clinical Associate Professor of Psychiatry and Behavioral Sciences at SUNY Upstate Medical University in Syracuse, New York. He is the author of The Daily Trading Coach, The Psychology of Trading, & Trading Psychology 2.0 all from Wiley. He is the author of the popular TraderFeed blog and currently writes a peak performance blog for Forbes. Dr. Steenbarger currently consults with a number of hedge funds, where he helps traders and portfolio managers maximize their performance. WHAT IS The Trader’s Mindchat Show??? Wealth is a journey, and this show is your Jumpstart to Trading Success! Hosted by MARA founder and top trading mindset coach Michael Lamothe and his wife, author Melissa Kuch Lamothe, together they will discuss the full spectrum of ways to improve your trading and your life. Joined by expert guests to help YOU trade like the Pro’s, revamp your mindset, balance life, family, and trading, & improve health & wellness. Connect with us on: • Website: https://marawealth.com • Instagram: https://www.instagram.com/michaelglamothe • Twitter: https://twitter.com/MichaelGLamothe • YouTube: https://www.youtube.com/marawealth • StockTwits: https://stocktwits.com/MichaelGLamothe • Facebook: https://www.facebook.com/MaraWealth/ • LinkedIN: https://www.linkedin.com/in/michaelglamothe

We had the honor to talk to Dr. Brett Steenbarger (Psychologist, Trader, Author, Trading Coach) and Mike Bellafiore (Co-Founder of the proprietary trading firm SMB Capital and author). We had a wide-ranging conversation and talked about what sets successful traders apart, how to use your emotions, what it means to trade without ego and many more gems. If you want us to do a round 2, let us know in the comments and let us know what we should ask Dr. Steenbarger and Mike Bellafiore next time.   Mike Bellafiore YouTube: https://www.youtube.com/user/smbcapital All Books: https://www.amazon.com/Mike-Bellafiore/e/B003AR5VFE?ref=sr_ntt_srch_lnk_3&qid=1599112187&sr=8-3 Website: https://smbcap.com/   Dr. Breet Steenbarger Blog: http://traderfeed.blogspot.com/ All books: https://www.amazon.com/Brett-N-Steenbarger/e/B001IGSOBM?ref=sr_ntt_srch_lnk_1&qid=1599112108&sr=8-1 Radical Renewal: https://leadingrenewal.blogspot.com/

Dr Brett Steenbarger is a best selling author, columnist for Forbes and a Professor of Psychiatry and Behavioral Sciences at SUNY Syracuse. He is the most in demand performance psychologist in financial markets. His clients have billions of dollars under management and seek his strategies for peak performance. In this episode join Michael Q as he learns psychological techniques Dr Steenbarger uses to keep his clients calm and cool when the stakes are high and how you can apply them to succeed at the highest level. For more information on Dr Brett Steenbarger and his work visit https://traderfeed.blogspot.com/

Dr Brett Steenbarger is a trading performance coach at some of the world’s leading hedge funds and propriety funds. Hear what makes an elite trader and how you can be one. Mindpower Calm your anxiety – immediately Learn this great technique to relieve trading anxiety and restore your equilibrium so you can trade to your potential.     Dr Brett Steenbarger Dr Brett Steenbarger is a world-renown performance coach for hedge fund portfolio managers and traders, he is a regular columnist to Forbes Magazine and has written several books on the psychology of trading. Hear how “good trading comes from the soul, not the ego” (5.50mins). At 7.25 mins hear how successful traders ‘listen’ to the markets and how Steenbarger’s first turnaround in the markets came when he viewed them as 'communication', as if he was doing therapy and it was a relationship of empathy and understanding. At 10.20 mins hear what is it that Steenbarger looks for when he is helping Wall Street hedge funds hire traders and the essential element is that a successful trader knows and can describe in detail what they do well. Then hear why it is fundamental to celebrate your winning trades (14.30 mins) and then how to forgive yourself for a loss. To find out more about Dr Brett Steenbarger go to traderfeed.blogspot.com or google his articles in Forbes magazine. To read Brett’s book Radical Renewal go to leadingrenewal.blogspot.com  

Clinical psychologist, trader and author of The Psychology of Trading,  Brett N. Steenbarger, Ph.D. joins the Optimus Futures Podcast and has a discussion with Matt Z about trading psychology, the mental game of trading, and decision making. Dr. Steenbarger's Books: https://www.amazon.com/Brett-N.-Steenbarger/e/B001IGSOBM%3Fref=dbs_a_mng_rwt_scns_share Dr. Steenbarger's blog - TraderFeed: http://traderfeed.blogspot.com/ Dr. Steenbarger's recent blog book - Radical Renewal: https://leadingrenewal.blogspot.com/

In this episode Dr Brett Steenbarger shares his profound insights from a career working as a psychologist with traders at some of the world’s leading hedge funds and proprietary trading firms. Brett Steenbarger is one of the best minds in the field of trading and investment psychology. There are so many great insights in this episode that you may want to take notes, possibly re-listen and ultimately try to internalise some of the lessons into your own trading behaviours. Dr Steenbarger talks about the similarities between trading, the medical profession and the military specials forces where people are inundated with vast amounts of information and complex rapidly changing situations and environments. Dr Steenbarger also talks about his new project, an online book called ‘Radical Renewal’, which focuses on the spiritual aspects of trading and investment. This is a fascinating project which looks at how people can harness insights from spiritual fields to improve how they deal with the challenges posed by the clash between the ‘self’ and the 'ego'.This conversation expands into a profound discussion on the spiritual aspects of trading and touches on themes such as positive psychology, how to better yourself, how to focus on your strengths and how to use this to get into the zone where you can be at your most effective.

Financial trading is challenging work, requiring a high degree of focus, discipline, and analytical ability. In this week's episode I spoke with psychologist Dr. Brett Steenbarger, who specializes in the psychology of trading. Brett describes the habits of thought and action—many of them drawn from cognitive behavioral principles—that help traders perform at consistently high levels. I learned a lot from our discussion, as someone who's almost entirely naive about the trading world. We explored many topics, including: The difference between trading and investing How traders make money The mental abilities like pattern recognition that make for skillful trading Mental and emotional challenges that traders face The downside of perfectionism and hindsight bias for traders The relevance of CBT principles to dealing with self-talk in trading Treating losses as learning opportunities The problem with assessing one’s personal value based on the ups and downs of trading How traders can prevent burnout The importance of building a highly fulfilling life outside of trading Being “emotionally diversified” for long-term success Buying and selling for non-rational reasons (“Overtrading”) Solution-focused strategies The value of a strength-focused approach to trading Finding flow as a trader How to guard against being over- or under-confident Responding to changing market patterns How investors can stay flexible and adaptable Self-awareness and trading journals The problem with trading in “fight-or-flight” mode Managing excessive fear when trading When a trading problem reflects a bigger life problem The threat that frustration poses to trading, and how to manage it The irrationality of “revenge trading” Developing self-awareness of thoughts and feelings Learning to be one’s own trading coach The value of meditation during the trading day How traders can reduce distractions and increase concentration The effects of fatigue on concentration and performance Is trading for everyone? The difficulty and low success rates in making one’s living from trading Brett referred to his blog, which has a ton of useful information for traders—including guidance for handling "turmoil and opportunity in markets" (which seems to capture our current situation). You can find it here: TraderFeed. Brett N. Steenbarger, PhD, grew up in Canton, Ohio, receiving his BS from Duke University and his Ph.D. in Clinical Psychology from the University of Kansas. He has been actively involved in the financial markets since the late 1970s. Brett has served as Director of Trader Development for Kingstree Trading, LLC, in Chicago and consults with traders in a number of professional trading organizations. He is also Clinical Associate Professor of Psychiatry and Behavioral Sciences at SUNY Upstate Medical University in Syracuse, NY. Drawing upon an intensive research program that began in 1998, Brett has created a number of unique measures of market trend, momentum, and institutional activity designed to aid short-term traders. These measures—and the trading strategies derived from them—have been chronicled daily in the TraderFeed blog. A clinical psychologist and active trader, writer, and researcher, Brett is the author of Enhancing Trader Performance (Wiley, 2006), The Psychology of Trading (Wiley; 2003), and numerous articles on trading psychology for print and online financial publications. (Please note that a percentage of purchases made through these affiliate links will be used to support the podcast, at no additional cost to you.) His book chapters on brief psychotherapy can be found in such reference works as The Psychologist's Desk Reference, Encyclopedia of Psychotherapy, Clinical Strategies for Becoming a Master Psychotherapist, and Kaplan & Sadock's Comprehensive Textbook of Psychiatry and The Handbook of Clinical Psychiatry. His coedited book,

Dr. Brett Steenbarger has helped thousands of traders take their performance to the next level. He's worked one-on-one with billionaire hedge fund managers and coached thousands of traders at various proprietary trading firms. In this interview with Topstep's Eddie Horn, Dr. Steenbarger shares important lessons that he's learned from those traders and through his own trading. If you have a passion for markets, you have to give this interview a listen.

Guest: Dr. Brett Steenbarger Clinical Associate Professor of Psychiatry & Behavioral Science Record Date:  7/16/18 Listen on —> iTunes Listen on —> SoundCloud Topics: Dr. Steenbarger’s latest Projects Traders Mindset when attending Live Events Three Strategies for Accelerating Your Development as a Trader Common Elements of Successful Traders at SMB Capital Hybrid Traders Guest Resources:   Twitter Website […]

Guest: Dr. Brett Steenbarger Clinical Associate Professor of Psychiatry & Behavioral Science Record Date:  7/16/18 Listen on —> iTunes Listen on —> SoundCloud Topics: Dr. Steenbarger’s latest Projects Traders Mindset when attending Live Events Three Strategies for Accelerating Your Development as a Trader Common Elements of Successful Traders at SMB Capital Hybrid Traders Guest Resources:   Twitter Website […]

Ep. 102 - Mr Trading Psychology; Must Listen Dr Brett Steenbarger InterviewThis week on episode 102 of the Two Blokes Trading podcast: Our legendary guest Dr. Brett Steenbarger serves up a superb mix of knowledge bombs and F bombs while providing must listen thoughts and pointers for traders at all levels. Guest Interview:   Dr. Steenbarger is a Clinical Associate Professor of Psychiatry and Behavioral Sciences at SUNY Upstate Medical University in Syracuse, New York. He has worked as a performance coach for hedge fund portfolio managers and traders at some of the most well-known financial institutions in the world. He is also the author of several best-selling books on trading psychology that we have listed below.  As the author of the http://traderfeed.blogspot.com/  he covers the psychology of traders and markets, emphasizing recent research and application in psychology and behavioral finance. Check out his full bio here:  https://www.blogger.com/profile/11988667917563876202 Dr. Brett was kind enough to write a blog post about one of our audience questions.  Check it out below: http://traderfeed.blogspot.ca/2018/04/a-deeper-look-at-emotions-and-trading.html Main Topics Discussed: We learn all about Dr. Steenbarger’s credentials (spoiler alert….He’s done some epic stuff;) He leads us down the path of when he decided that working with traders was for him. Hint; it involves flying computer mice, payouts, and a wh0$e. Shifts in market regimes and changing of trends. A huge emerging theme of adapting to shifts in markets. Trending, emerging, range bound, mean reversion, low and high volatility…. Why traders don’t do a good job of detecting shifts within market regimes and the stress it causes. Most problems are not primarily psychological; they tend to be caused by not recognizing and adapting to the market shifts. Working with traders to help identify what type of trading environment we are in. All about using Relative Volume (rVol) to understand when market moves are likely to keep moving or stall out. How to understand the NYSE Tick ($TICK) How to blend rVol and $TICK to understand the current trading session. Why people have psychological issues with trading. Sticking to your system guarantees that you faithfully continue to do the wrong thing. Why having a play book is a good thing. How to not think in terms of “time” when trading and how to show this on your charts. Sometimes having an edge comes from looking at old things in new ways. Is there a way to emotionally learn to hold on to a trade to larger target after seeing it go against you a few ticks? Listen in for the Answer! Strategies to deal with watching your profit in an open position move against you. What makes people participate in manias or bubbles like cryptocurrencies even though it’s obvious there is not enough value to warrant the price? Listen in for the Answer! Trading using momentum. Understanding the dominant cycles within the markets. What are the main differences psychologically between big fund traders and retail traders? Listen in for the Answer! What pressures do asset and portfolio managers face. What are some of the regular psychological challenges that the big money traders face? Listen in for the answer! What is the most effective way to emotionally detach yourself from a trade? Is this even a good thing to try and do? Brett goes pretty deep here and you can read his blog post about this very question: http://traderfeed.blogspot.ca/2018/04/a-deeper-look-at-emotions-and-trading.html How losses become threatening. Unreasonable Goals and the reasons behind them and some solutions. Trading is a performance based activity and it takes time to get through the learning curve to become the best. Hope versus rational planning. The big threat is not failing to succeed in the markets; it’s failing to...

My very first guest to be interviewed on this podcast is Etienne Crete from "Desire to Trade." He swing trades the Forex market, watching 15 pairs on multiple time frames, with an emphasis on looking at significant support and resistance zones and Bollinger Bands. His initial interest in trading began as a university student and he shares with us the biggest lessons he learned during his 2 year journey to becoming a successful trader. Here are just a few of the things discussed in this episode: Focus on the process, not just your expectations. How he incorporates his trading style with his lifestyle and love for travel. "The best winning strategy you can write on a napkin!" Why trading on an iPad didn't work well for him. After interviewing nearly 100 traders on his "Desire to Trade Podcast," what he found they all have in common. What pivotal event turned his trading around. Etienne's recommended books: "The Daily Trading Coach" by Brett N. Steenbarger. "Psycho-Cybernetics" by Maxwell Maltz His favorite trading tool: Using Trello.com to post his trading journal. Get more information here: https://www.youtube.com/watch?v=GyeFNCfomOA Special Offer: His Free One-Page Trading Plan Template: https://www.desiretotrade.com/topdogbonus Etienne's web site: https://www.desiretotrade.com Etienne on social media: https://www.youtube.com/c/desiretotrade https://www.facebook.com/groups/desiretotrade https://twitter.com/desiretotrade   Get my free gift for you, for FREE, Top Dog Trading’s “Top 10 Trading Rules for Success.” These are 10 things I changed in my trading to become successful over the last 50 years. They’re also the top 10 things that have helped my students shift from move from losing money to making money. Bottom line, no general theories or abstract ideas here. This is the practical stuff that can really work to bring real and dramatic change to your trading results.. It’s a mini-course that contains a pdf Special Report and 3 videos. Get right now by simply going to: http://www.onlinetradingtowin.com/tenrules Go get it for free while the show is still new.

My very first guest to be interviewed on this podcast is Etienne Crete from "Desire to Trade." He swing trades the Forex market, watching 15 pairs on multiple time frames, with an emphasis on looking at significant support and resistance zones and Bollinger Bands. His initial interest in trading began as a university student and he shares with us the biggest lessons he learned during his 2 year journey to becoming a successful trader. Here are just a few of the things discussed in this episode: Focus on the process, not just your expectations. How he incorporates his trading style with his lifestyle and love for travel. "The best winning strategy you can write on a napkin!" Why trading on an iPad didn't work well for him. After interviewing nearly 100 traders on his "Desire to Trade Podcast," what he found they all have in common. What pivotal event turned his trading around. Etienne's recommended books: "The Daily Trading Coach" by Brett N. Steenbarger. "Psycho-Cybernetics" by Maxwell Maltz His favorite trading tool: Using Trello.com to post his trading journal. Get more information here: https://www.youtube.com/watch?v=GyeFNCfomOA Special Offer: His Free One-Page Trading Plan Template: https://www.desiretotrade.com/topdogbonus Etienne's web site: https://www.desiretotrade.com Etienne on social media: https://www.youtube.com/c/desiretotrade https://www.facebook.com/groups/desiretotrade https://twitter.com/desiretotrade   Get my free gift for you, for FREE, Top Dog Trading’s “Top 10 Trading Rules for Success.” These are 10 things I changed in my trading to become successful over the last 50 years. They’re also the top 10 things that have helped my students shift from move from losing money to making money. Bottom line, no general theories or abstract ideas here. This is the practical stuff that can really work to bring real and dramatic change to your trading results.. It’s a mini-course that contains a pdf Special Report and 3 videos. Get right now by simply going to: http://www.onlinetradingtowin.com/tenrules Go get it for free while the show is still new.

On the TV show "Billions," one of the most important characters is Wendy Rhoades, the psychologist at Axe Capital who helps traders get out of their slumps. What viewers may not realize is that the job exists in real life. On this week's Odd Lots, we speak with Brett Steenbarger, a professor at SUNY Upstate Medical University and author of several books on trading psychology. Steenbarger, who has worked with several funds, explains to us what he actually with traders and how is work is similar to and different from the fictional TV character.

Brett N. Steenbarger, Ph.D. is a trader, psychologist and trading coach who has been actively involved in the financial markets since the late 1970s. He is the author of a number of popular trading performance books and consults for hedge funds, investment banks and proprietary trading groups. Brett has an interest in using historical patterns in markets to find a trading edge publishing measures and strategies on his popular TraderFeed blog. He is also a regular contributor to Forbes. In this episode we discuss creativity, static thinking and why it's important to have unique ideas for trading success. We also cover tips to increasing our creativity, why traditional trading rules need to be updated, the challenges of daytrading and how to overcome them. Topics discussed Three important components of successful traders Why the traditional rules of trading need to be updated Why traders get stuck in static thinking and need to be more like entreprenuers The two different types of trading brains and how understand which we are can improve our results How creativity can be used in the strategy research process Why we come up with ideas at seemingly random times and how that can be harnessed to improve our trading The two stages of creativity and how traders are hurting their performance by neglecting the second stage How just immersing ourselves in the market without stepping back can be harming our performance Improving creativity through lifestyle Why unstructured free time away from the markets can improve your trading Techniques to turn creativity into a habit How Brett identified his strengths and used those to dictate his trading style The challenges of daytrading and how to approach them Analysing successful trades to improve performance Why we need to have something more important in your life than trading PLUS listener questions on: Applications of diffusion indices Formalising edges and the impact of market regimes on edge performance How traders can follow their rules about stops and targets The psychological differences between systematic and discretionary trading The validity of Acceptance Commitment Therapy (ACT) in trading Handling drawdowns and turning it into a constructive experience How to move from retail trader to full-time/pro

Michael Covel speaks with Brett Steenbarger. Steenbarger is Clinical Associate Professor of Psychiatry and Behavioral Sciences at SUNY Upstate Medical University in Syracuse, NY. Steenbarger and Covel discuss what a “flow state” is, and why it’s important; how Steenbarger has seen flow connect to the trading world, and the importance of matching your level of difficulty and challenge; risk and risk tolerance; the logical and psychological sides to risk; “what have you done for me lately” attitude for investors; why we don’t grow if we stay within our comfort zones; process vs. outcome; the psychological burden of certain fee structures; some of the common characteristics of successful traders; slow thinking, deep thinking, and fast thinking; where we’re headed regarding prescription drugs related to the mind; trend trading vs. mean reversion; contextualism; trend following vs. momentum trading; and how people actually behave vs. how they describe their behavior. For more information on Brett Steenbarger, go to traderfeed.blogspot.com. Want a free trend following DVD? Go to trendfollowing.com/win.