June 24, 2019

#3 Growth Mindset in Trading - Developing a Mindset for Success

#3 Growth Mindset in Trading - Developing a Mindset for Success
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June 24, 2019

Steven Goldstein & Mark Randall

This episode of the AlphaMind podcast jointly explores the subject of 'Trading Mindset' through the lens of Carol Dweck's Growth Mindset philosophy.

This conversation covers a broad swathe of themes around the subject of 'Mindset' in trading, including:

  • How 'Growth Mindset' is linked to Success and Positive Psychology.
  • The 2 Mindsets, Growth and Fixed and how they playout in Trading.
  • How Successful traders demonstrate 'Growth Mindset's'.
  • Developing your Potential, Improving, growing as a risk-taker.
  • How Financial Markets tip people into Fixed Mindsets.
  • Becoming 'Stuck in a ruck' and moving out of that.
  • The Mindset needed for new traders, and the danger of chasing success.
  • Dealing with Setbacks.
  • Managing Self and Mindset through drawdowns and barren spells.
  • How you can help yourself develop and cultivate a Growth Mindset.
  • Examples of Traders in a Growth Mindset.
  • Fixed Mindset, Growth Mindset and Ego.
  • Setting your environment for a Growth Mindset.

So much great wisdom shared in this conversation. We think you will really enjoy it.