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Chat With Traders

217: Jared Tendler – Practical Solutions to Strengthen Your Mental Game

Chat With Traders

Tessa Dao

Education, Business, Investing

4.92.3K Ratings

🗓️ 25 June 2021

⏱️ 60 minutes

🧾️ Download transcript

Summary

Acclaimed mental game coach Jared Tendler returns to Chat With Traders, after his first appearance on Episode 86 (2016). Jared has worked intensively with world champion poker players, PGA golfers, Team Liquid (esports organistion), and of course, active traders—sharing expertise in how mental game impacts performance and tactics to overpower emotional weaknesses. Jared’s also the author of The Mental Game of Poker 1 & 2. And while many traders have found these books highly relevant, Jared has now delivered a book specifically for traders, with a system to resolve psychological problems: The Mental Game of Trading Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Chat with Traders is brought to you by the Chat with Traders community, a new membership

0:05.9

based community away from social media where traders can connect and enrich their trading

0:11.0

journeys.

0:12.0

Hi, this is Tessa.

0:13.0

Do you feel stuck in moving forward in your own trading journey?

0:17.2

It's not just you.

0:19.0

Trading is one of the most difficult pursuits in life.

0:22.3

Even for the most seasoned and successful traders as we've listened to many of the guests

0:26.8

on the show tell of similar stories and similar struggles, they continually face the challenges

0:33.3

of staying at the top of their games.

0:35.8

Taking the long view approach to trading makes sense because it takes time to gain the

0:41.2

experience, the skills and knowledge to experience the wins, the losses and failures to learn

0:48.0

from them.

0:49.0

Pick yourselves back up when we fall, improve and refine our strategies, edge and processes.

0:55.3

But if we don't have self-discipline and don't consistently practice risk management, then

1:01.4

the game unfortunately would end too early for many of us because we would run out of

1:06.8

money, capital and self-confidence even before having the chance to learn and improve over

1:13.0

time.

1:14.2

That's where it goes wrong for most traders starting out and where most traders fail and end up

1:19.6

proving the trading failure statistics right.

1:24.0

Trading can be a lonely journey, but it doesn't have to be.

1:28.2

A trader can easily become discouraged, complacent, stray or even deep and unhealthy habits and

...

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