psychology of trading

Episode 104: I Keep Sabotaging My Own Success

In Episode 104, Rob Booker returns with a second interview with author Rande Howell, the founder and owner of Trader’s State of Mind. Rande, who is a licensed therapist and personal development coach, answers Rob’s questions about the existence of the “self-sabotage” phenomenon. Rob says he has heard a lot of traders saying the same odd phrase: “I keep sabotaging my own success.” And Rob asks Rande for his thoughts on the veracity of this concept.

Rande talks about “The Saboteur,” trading your beliefs, the comfort zone, replicating patterns, brain development during the formative period — and much more during this episode of The Traders Podcast. Do yourself and your trading a favor and listen to Rande’s words of wisdom.

Links for this episode:

More About Rande Howell

Web site: Traders State of Mind.com Read More

Episode 102: Mindful Trading With Author Rande Howell

In this episode, your host Rob Booker is out in the field at a traders’ expo, where he interviews Rande Howell, the founder and owner of Trader’s State of Mind. Rande is a licensed therapist and personal development coach, who combines a knowledge of emotional intelligence and peak-performance to teach traders how to trade beyond fear. Rande is also the author of four books, including “Mindful Trading: Mastering Your Emotions and the Inner Game of Trading.”

Rob and Rande discuss a number of concepts, such as mindful trading, archetypes, scarcity-thinking, euphoria, the feeling components of emotions, destructive behaviors, and where our fears come from.

Also, a special video accompanies today’s podcast:

Rob and Rande talk about whether there are hopeless traders who will never be able to change (and if there are any exceptions to Rande’s verdict). Rob and Rande also discuss the practice of taking certain medications to assist one’s trading.

During this episode, Rob also reveals what he deems to be The Greatest Rock Album of All Time! Don’t miss it!

Links for this episode:

More About Rande Howell

Web site: Traders State of Mind.com

Book: Mindful Trading: Mastering Your Emotions and the Inner Game of Trading

Pink Floyd’s The Dark Side of the Moon

Rob on Twitter: @RobBooker

The Traders Podcast on Twitter: @TradersPodcast

E-mail us! Producer@TradersPodcast.com

Episode 82: The Psychology of Trading Part 2 – The Energy of Money

In a very unusual episode, Jason Pyles, the producer of The Traders Podcast, steps up to the mic and guest-hosts in Rob’s stead, since his microphone wasn’t working this morning. So, Jason had the pleasure of interviewing the great Adrienne Toghraie of Trading on Target.com for her second visit to The Traders Podcast, as a Part 2 to her appearance in Episode 80.

Adrienne is the author of 13 books about discipline and the psychology of trading, and she’s a literal expert when it comes to coaching traders, brokers and investors on their mental game in trading. Read More

Episode 80: The Psychology of Trading Part 1

In Episode 80, your intrepid host, Rob Booker, reclines back on a leather chaise lounge chair and explores his deepest, inner child’s feelings with the great Adrienne Toghraie, author of 13 books about discipline and the psychology of trading. Adrienne is a literal expert at coaching traders, brokers and investors on their mental game when it comes to trading.

You’ll hear for yourself that Adrienne is chock full of information about the psychology of trading. She talks to Rob about overcoming the real phenomenon of self-sabotage and the myriad fears that fuel it, such as the fear of success, fear of failure, fear of being wrong and the fear of losing.

Rob and Adrienne discuss how beliefs lie beneath the psychology of trading and that trading is a trip of discovery about yourself. Adrienne also describes those who should be “intuitive discretionary traders” (and those who shouldn’t). Rob asks Adrienne whether trading is for everyone, and she gives a wise answer and backs it up with equally insightful explanations.

In this episode you’ll get to hear Adrienne describe the passion that is required to be a great trader which goes beyond just wanting to make money. But speaking of money, Adrienne describes something that we all do internally which determines how much money we’ll make, and Rob and Adrienne also discuss “the energy of money.” Read More