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Episode 04

Mind Games of Trading – Tackling Fear and Greed!

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About this episode

This week, Lewis and Sophie discuss the two most important emotions within trading – fear and greed! We chat about how a lot of trading is influenced by fear and greed and what we can do to control it within our own trading.

We talk about the round table day that STARTrading hosted in London, where 8 lucky students got to attend for some one to one coaching with Lewis as well as a mindset exercise diving deep into our ‘why’ that helps motivate us. Why is knowing our ‘why’ so important? Sophie and Lewis both share theirs and we find out the three C’s of being a successful trader.

Lewis answers a listener’s question which is ‘I’m in my 50s, am I too old to trade?’

And we surprise each other with a snack at the end of the episode!

Highlights

  • We chat about how a lot of trading is influenced by fear and greed and what we can do to control it within our own trading.
  • We talk about the roundtable day that STARTrading hosted in London, where 8 lucky students got to attend for some one to one coaching with Lewis as well as a mindset exercise diving deep into our ‘why’ that helps motivate us.
  • Why knowing our ‘why’ is so important? Sophie and Lewis both share theirs and we find out the three C’s of being a successful trader.
  • Lewis answers a listener’s question which is ‘I’m in my 50s, am I too old to trade?’

Transcription

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