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.

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)

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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!