555: Trading Psychology of the Best Traders in the World (Brett Steenbarger)

Trading Psychology of the Best Traders in the World In episode 555 of the Desire To Trade Podcast, you will be listening to an interview with Dr. Brett Steenbarger, a trading psychologist who's worked with top performers for decades. He breaks down why consistency has nothing to do with finding better setups. They walk through how traders unknowingly sabotage themselves—and what actually separates those who stay stuck from those who quietly improve over time. The video is also available for you to watch on YouTube. >> Watch the video recording! Topics Covered In This Episode 00:00 Introduction 00:48 Who is Brett Steenbarger? 02:13 Do traders come to fix problems or get better? 03:23 The first thing Brett looks at when a trader wants to improve 04:56 Can traders coach themselves? 06:16 Leveraging your strengths: where success really comes from 08:26 Why you should figure out your strengths before trading 10:30 Psychological wealth as the foundation for financial wealth 12:59 The loneliness problem: why trading alone is a bad thing 14:37 Why mentoring others makes you better 15:39 Adapting to crazy markets (recorded during Middle East conflict) 17:30 What Brett tells traders when volatility spikes 19:30 Are markets irrational? 21:22 Advice for new traders for volatile markets 23:26 What's inside Positive Trading Psychology (link below) What did you like best in this podcast episode? Let's talk in the comments below, or join me in the Facebook group! Desire To Trade's Top Resources DesireToTRADE Forex Trader Community (free group!) Complete Price Action Strategy Checklist One-Page Trading Plan (free template) Recommended brokers: EightCap (preferred Crypto and FX Broker) AxiTrader (use our link to get a special bonus) Desire To TRADE Academy Get a copy of Prop Trading Secrets (Author: Kathy Lien & Etienne Crete) About The Desire To Trade Podcast Subscribe via iTunes (take 2 seconds and leave the podcast a review!) Subscribe via Stitcher Subscribe via TuneIn Subscribe via Google Play See all podcast episodes How to find Dr. Brett Steenbarger's book Get your copy of Positive Trading Psychology  What one thing will you implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!