hey, whas good? got any recs for buildin tradin resilience? like, mindset stuff? dont really care about textbooks or whatever, just wanna know about some sick articles, vids, podcasts (if they exis?), etc…

Reply

Topic

[Major Trader 35]

Don’t know specifically about the mindset piece but I enjoy listening to these guys https://www.toptradersunplugged.com/podcasts

Reply

[Intraday Insider]

A good listen as well!

Reply

[Intraday Insider]

I would check out the Trading Coach Podcast he’s done hundreds now but his early ones are the best. He knows what he’s talking about and keeps it light.

Reply

[Steven]

This book for me gets it bang on: The Psychology of Trading by Brett Steenbarger.

It’s got to be about 20 years old now but I still use loads of the stuff I learned from it. I just checked and you can get it from Amazon, probably other places also.

Reply

[Olsoph]

I read a book called ‘Trading in the Zone’ from Mark Douglas donkeys ago but it’s always stayed with me. It does a stellar job of walking through all the mental pitfalls you, me and we all experience as traders with money on the line.

This from it has always stayed with me too “An edge is nothing more than an indication of a higher probability of one thing happening over another”. A good way to keep your mind focused on the maths and out of your own head!

Reply

[Del]

Get on YouTube m8 there’s a lot of good traders on there now (and a lot of bad lol). I rate Adam Khoo at the mo, great if you’re interested in stocks to

https://www.youtube.com/channel/UCK-aOjEvZNJl3HINja0gAiQ/videos

Reply

[Olsoph]

I’ve actually had someone else recommend Adam so I should probably take note at this point and give him a listen.

Reply

[Jonny got all the money]

Thx boys!

Reply

[Alrey Ab]

The AlphaMind podcast is a terrific listen and they got loadsa different people in from finance to military. A lot of is relevant to the mindset and emotional side of trading so I’d start there pal.

Reply

[Alfo]

I’m a fan of AlphaMind and recommend episode
111 “Reminiscences of a Day Trader with David Hale” for anyone serious about intraday trading.

Reply

[Major Trader 35]

Another though on this, have you looked into getting a trading mentor? Someone that you can bounce ideas off and check your thinking can be helpful I think.

Reply

[Jonny got all the money]

Yh man, think that cud be a good thing for me. Do you know anyone that does it or how to go bowt it?

Reply

[Major Trader 35]

I’m not sure if they are a mentor so to speak but I saw someone post in another channel here about setting up a trading group – https://www.daytrading.com/community/t/trading-buddies. This may provide a similar type of support maybe.

Reply

[Jonny got all the money]

Missed that but will ping a message thru. Cheers!

Reply

[James BarraModerator DayTrading.com Team]

Hi Johnny got all the money,

I’d recommend having a read of How to Control Emotions in Day Trading. It has some practical tips and section 6 is about ‘Mindset and Psychological Techniques’.

I hope you find it useful.

Reply

[Jack]

Chiming in here with another book recommendation that’s got some brilliant stuff on this. It’s called The Mental Game of Trading written by Jared Tendler.

Rather than parroting the stuff we all know about greed and fear blah blah he actually lists practical steps and measures you can take to stay disciplined.  You can get it on Kindle.

Reply

[Owen]

There’s a really interesting TEDx talk on this by a finance professor called Hicham Benjelloun. You can find it on YouTube https://www.youtube.com/watch?v=R8SE3RxqaTY.

Be warned it takes a little while to get going but he offers some interesting perspectives on it based on his research and his own experience trading.

Reply

[Oscar]

I found this video really dull. Way too slow and he doesn’t actually explain anything novel you can’t find in 90% of stuff online. Just my opinion.

Reply

[Owen]

I didn’t say he was for everyone! I prefer the lecture-style approach but probably because I have spent a long time in higher education.

Reply

[CrossLord]

Building the ‘right’ mindset for trading is something that comes through time and practice in my view. I don’t believe any YouTube video is going to able to rewire your brain. The harsh reality is you learn from making the right but more importantly, the wrong trading decisions.

Reply

[Dylan]

Deffo have a read of THE MENTAL GAME OF TRADING by JARED TENDLER

Reply

[Leo]

Have you seen the movie Rounders? It’s about poker but there are parallels with trading and I think it gives a good window into the mental challenges of trying to make money from the markets.

Reply

[Major Trader 35]

Is that a serious suggestion lol? It’s an entertainment film about gambling, not an educational tool that will practically help someone build a resilient mindset for trading.

Reply

[Author]

Replies