Insights Into The Mindset of a Market Wizard






















- Slides: 22
Insights Into The Mindset of a Market Wizard Linda Bradford Raschke - www. lindaraschke. net Presented by www. tradingpsychology. com. au www. highperformancetrading. com. au Mandi Pour Rafsendjani Trading Psychology & Performance Coach
General Advice Disclaimer Trading involves the risk of loss. This presentation is for educational purposes only and should not be solely relied upon as a recommendation or invitation to enter into a particular transaction or to apply a particular trading strategy. It is also not intended to be a substitute for professional counseling, therapy or medical treatment nor is it intended to diagnose or treat any psychological condition. You should not engage in trading, unless you understand the nature of the relevant markets, the rules and application of these rules to the strategy/strategies you are trading, the products and the full extent of your exposure to risk of financial loss. � (i) The information contained in this presentation has been prepared without taking account the objectives, financial situations or needs of any particular client: and � (ii) Because of that, the attendee should, before acting on any information, consider the appropriateness of the information, having regard to their personal objectives, financial situation and needs and must seek professional advice. By attending this presentation you do so at your own will and in doing so waive liability to any claims against the host, presenter and any associated organisations and people. (C) 2019 www. tradingpsychology. com. au www. highperformancetrading. com. au Knowledge through Mentoring | Confidence through Training | Success through Coaching
“The Fastest Way To Succeed in Trading is to Model Those Who Already Succeeded” Reading Trading Sardines through the Eyes of An Expert In Human Behaviour Please note this presentation is MY OWN VIEWPOINTS (C) 2019 www. tradingpsychology. com. au www. highperformancetrading. com. au Knowledge through Mentoring | Confidence through Training | Success through Coaching
Trading Sardines “Life can be unpredictable and the life of a trader is laced with uncertainty. ” “This is my journey as a trader where my knack for being on the wrong side of outliers and unforeseen events is well beyond random. Some of the challenges and obstacles along the way were self-created. Some were plain old bad luck. But part of this story is about how to pull yourself up by the bootstraps yet one more time and keep a positive attitude. How to persevere and the work and singlemindedness required to succeed. Above all, how to maintain a healthy sense of humor to keep one's sanity. ” (C) 2019 www. tradingpsychology. com. au www. highperformancetrading. com. au Knowledge through Mentoring | Confidence through Training | Success through Coaching
The Famous Botched Bean Trade “Don’t look back. Only move forward, so the feet keep marching forward and the feelings get left behind in the dust” p 177 (C) 2019 www. tradingpsychology. com. au www. highperformancetrading. com. au Knowledge through Mentoring | Confidence through Training | Success through Coaching
High Performance Trading “Everybody knows what to do, it is doing what you know in the heat of the moment, that is the hard part; and it is the very skill that sets the winner from the loser apart!” (C) 2019 www. tradingpsychology. com. au www. highperformancetrading. com. au Knowledge through Mentoring | Confidence through Training | Success through Coaching
Success Principle BE DO HAVE (C) 2019 www. tradingpsychology. com. au www. highperformancetrading. com. au Knowledge through Mentoring | Confidence through Training | Success through Coaching GIVE
What Causes Our Behavioural Patterns? (C) 2019 www. tradingpsychology. com. au www. highperformancetrading. com. au Knowledge through Mentoring | Confidence through Training | Success through Coaching
Mindset Conditioning / Programming Beliefs & Values Traits Decisions = our Standards & Expectations of ourselves (C) 2019 www. tradingpsychology. com. au www. highperformancetrading. com. au Knowledge through Mentoring | Confidence through Training | Success through Coaching
Conditioning (C) 2019 www. tradingpsychology. com. au www. highperformancetrading. com. au Knowledge through Mentoring | Confidence through Training | Success through Coaching
1) First Borns Rule the World Ø And 2 nd borns want to change it. . The oldest child in the family dynamics often assume a parental behavioural pattern, take charge and have oodles of confidence, as adults often take them more seriously than the younger children, which can set them up to become high achievers. (C) 2019 www. tradingpsychology. com. au www. highperformancetrading. com. au Knowledge through Mentoring | Confidence through Training | Success through Coaching
2) Playing A Musical Instrument Ø Drawing comparisons to an orchestra, learning one instrument at a time Ø Understanding rhythm Ø Creativity Ø Brain Development Ø Multi Dimensional Thinking (C) 2019 www. tradingpsychology. com. au www. highperformancetrading. com. au Knowledge through Mentoring | Confidence through Training | Success through Coaching
3) Learned to be a Good Loser “I Grew up ‘losing’ during many board and card games with my family”. (C) 2019 www. tradingpsychology. com. au www. highperformancetrading. com. au Knowledge through Mentoring | Confidence through Training | Success through Coaching
4) Growing up with Grit! Ø Resilient and Self-Sufficient Ø Had to find a way to pay for education (C) 2019 www. tradingpsychology. com. au www. highperformancetrading. com. au Knowledge through Mentoring | Confidence through Training | Success through Coaching
Standards & Expectations (C) 2019 www. tradingpsychology. com. au www. highperformancetrading. com. au Knowledge through Mentoring | Confidence through Training | Success through Coaching
Standards & Expectations ØStrong Work Ethics – high level of Conscientiousness Ø Curious and Coachable and willing to receive tough feedback Ø Daily Routines and Rituals – always be well prepared ØHighly Self-Aware ØLifelong Learner – Concepts over Content ØSolution focused ØHighly Organised – methodological thinker ØPower of Team (C) 2019 www. tradingpsychology. com. au www. highperformancetrading. com. au Knowledge through Mentoring | Confidence through Training | Success through Coaching
A Belief System Set For Success ØThe Quality of Your Questions Determine the Quality of your Life – Solution focused thinking, always looking forward ØConcepts over Content ØPull yourself up by the bootstraps Dealing with Losses and Disappointments ØDo best work when coming from a loss keep looking forward ØMoney Mindset (C) 2019 www. tradingpsychology. com. au www. highperformancetrading. com. au Knowledge through Mentoring | Confidence through Training | Success through Coaching
Mantras Ø Ø Ø Ø Trading system and risk management. Connection between how we feel and the actions we take. Self – awareness. Trading behaviour. Your self-perception as a trader. Shifting focus from p&l to good process. Identify good habits and repeat. Visualisation and exposure training (C) 2019 www. tradingpsychology. com. au www. highperformancetrading. com. au Knowledge through Mentoring | Confidence through Training | Success through Coaching
Values ØHighest value = Independence ØFocus / Focus ØResults oriented ØKnowledge ØIntegrity ØConscientiousness ØHigh Standards ØCourage (C) 2019 www. tradingpsychology. com. au www. highperformancetrading. com. au Knowledge through Mentoring | Confidence through Training | Success through Coaching
Still Human ØOvertrades ØMismanages Trades ØGets Annoyed And still performs on the highest level (C) 2019 www. tradingpsychology. com. au www. highperformancetrading. com. au Knowledge through Mentoring | Confidence through Training | Success through Coaching
https: //lindaraschke. net/wp-content/uploads/Dines-2. pdf (C) 2019 www. tradingpsychology. com. au www. highperformancetrading. com. au Knowledge through Mentoring | Confidence through Training | Success through Coaching
Thank You Every Successful Trader Had A Dark Past and Every Losing Trader Has a Bright Future - Mandi Pour Rafsendjani Though No One Can Go Back And Make A Brand New Start, Anyone Can Start From Now And Make A Brand New End. ~ Carl Bard Yet - Trading is Still the Best Job In The World! (C) 2019 www. tradingpsychology. com. au www. highperformancetrading. com. au Knowledge through Mentoring | Confidence through Training | Success through Coaching






















