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Trading Psychology: The Think Profit Podcast

English, Finance, 1 season, 135 episodes, 19 hours, 56 minutes
About
Walter Peters and Hugh Kimura help you upgrade your trading psychology by providing the latest tools, techniques and strategies to develop a high performance trading mindset. Learn what is working for them and other traders, in real-life trading.
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Are You a Runner or Gunner Trader? // Ep. 135

Runner and Gunner are Walter's words for how trader perceive the markets. It's very important to understand which one you are. The post Are You a Runner or Gunner Trader? // Ep. 135 appeared first on Think Profit Podcast.
7/20/20249 minutes, 19 seconds
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STOP Imposter Syndrome in Trading // Ep. 134

 In This Episode Imposter Syndrome in Trading. Changing Core Beliefs. Conscious and Subconscious Reprogramming. Overcoming Imposter Syndrome in Trading Importance of reprogramming the subconscious mind to overcome imposter syndrome. Changing core beliefs and personality traits can help reprogram the subconscious. Observing and reflecting on one’s own thoughts and projections about others to understand and […] The post STOP Imposter Syndrome in Trading // Ep. 134 appeared first on Think Profit Podcast.
6/27/202410 minutes, 5 seconds
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The DOUBTS of a Successful Trader // Ep. 133

 In This Episode Addressing Psychological Barriers. Evaluating Intuition with Data. Combining Conscious and Subconscious Strategies. Strategies for Confidence and Insight Importance of recording and analyzing personal beliefs and confidence in trades. Determine whether intuition is genuinely adding value to trading decisions. Journaling and hypnosis, to foster self-awareness and refine trading confidence. Listen to the […] The post The DOUBTS of a Successful Trader // Ep. 133 appeared first on Think Profit Podcast.
6/24/20246 minutes, 49 seconds
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Trading Cognitive Dissonance Explained // Ep. 132

In This Episode Wealth Mindset and Trading Strategy Alignment. Psychological Obstacles in Trading. Leveraging Wealth Without Traditional Labor.  Overcoming Cognitive Dissonance in Trading Develop a trading strategy that aligns with their personality. Overcome the psychological barriers that hinder the majority of traders. Challenging the traditional notion of trading time for money Listen to the Audio […] The post Trading Cognitive Dissonance Explained // Ep. 132 appeared first on Think Profit Podcast.
6/20/202411 minutes, 23 seconds
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Our Favorite Backtesting Software // Ep. 131

 In This Episode Help traders develop a rock-solid trading confidence. Backtesting Software Overview.  Automate parts of the trading process. Trading Confidence & Strategy Development Create a trading strategy that aligns with your core personality, and overcome the obstacles. Importance of backtesting for building confidence and refining trading systems. Customizable and efficient backtesting tool to […] The post Our Favorite Backtesting Software // Ep. 131 appeared first on Think Profit Podcast.
6/17/202437 minutes, 20 seconds
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Overcome Emotional Triggers in Trading // Ep. 130

 In This Episode Self-Awareness and Acknowledgment Experiencing and Processing Emotions Understanding Probabilities and Adhering to Strategy Mastering Emotions and Overcoming Stubbornness in Trading Recognizing and accepting one's emotional triggers and stubborn behavior as foundational steps for improvement. The benefits of meditation, therapy, and the Trading Tribe approach. Viewing trading through the lens of probabilities […] The post Overcome Emotional Triggers in Trading // Ep. 130 appeared first on Think Profit Podcast.
6/6/20240
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How to Enjoy Trading and Reduce Stress // Ep. 129

Trading can be stressful. Learn to make it less stressful by following these strategies. It might be easier than you think. The post How to Enjoy Trading and Reduce Stress // Ep. 129 appeared first on Think Profit Podcast.
6/3/20240
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Banish Fear While Trading // Ep. 128

Fear prevents many traders from taking trades. Learn effective ways to overcome fear before and during trades. The post Banish Fear While Trading // Ep. 128 appeared first on Think Profit Podcast.
5/30/20240
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Trading Psychology After Losing Your ENTIRE Account // Ep. 127

 In This Episode Significant trading losses due to poor risk management. Understanding and applying effective risk management rules is essential. Overcoming major trading setbacks can help develop a resilient mindset. Transforming Trading Failures into Success The importance of overcoming fear and learning from significant trading losses to achieve success. Many successful traders, as seen […] The post Trading Psychology After Losing Your ENTIRE Account // Ep. 127 appeared first on Think Profit Podcast.
5/27/20245 minutes, 21 seconds
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Trading Psychology for Beginners // Ep. 126

If we had to start all over again, here's how we would approach trading psychology. This is what really matters. The post Trading Psychology for Beginners // Ep. 126 appeared first on Think Profit Podcast.
2/2/20247 minutes, 15 seconds
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How to Identify Trending and Ranging Markets // Ep. 125

Learning how to spot a trending and ranging market can be tricky. Get some tips on how to do it and what to look for. The post How to Identify Trending and Ranging Markets // Ep. 125 appeared first on Think Profit Podcast.
1/30/202412 minutes, 13 seconds
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Play the Long Game as a Trader // Ep. 124

Learn how to take a longer term approach to trading and have a more stable mindset. Trading is NOT a get rich quick activity. The post Play the Long Game as a Trader // Ep. 124 appeared first on Think Profit Podcast.
11/28/20235 minutes, 15 seconds
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3 Parts of the Trader Mind? // Ep. 123

Are there 3 components to our minds? We discuss this possibility and how it can affect trading psychology and behavior. The post 3 Parts of the Trader Mind? // Ep. 123 appeared first on Think Profit Podcast.
11/27/202314 minutes, 20 seconds
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Essential Knowledge for Day Traders // Ep. 122

Learn what successful day traders have in common. Also find out the biggest downsides of day trading and why you may not want to do it. The post Essential Knowledge for Day Traders // Ep. 122 appeared first on Think Profit Podcast.
9/22/202312 minutes, 27 seconds
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How to Accept Trading Losses // Ep. 121

Loses are a part of trading, but they can be hard to be OK with. Learn how to overcome this issue and not fall into common traps. The post How to Accept Trading Losses // Ep. 121 appeared first on Think Profit Podcast.
9/20/202310 minutes, 36 seconds
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Should You Have More Confirmation When Trading a Small Account?

Some new traders think that they need more confirmation when trading a small account. Here's what our experience has taught us. The post Should You Have More Confirmation When Trading a Small Account? appeared first on Think Profit Podcast.
5/30/20237 minutes, 41 seconds
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How to Become an Expert Trader // Ep. 119

Learn why the idea of being an expert trader might be overrated and what you can do instead. You don't have to be an expert to make money. The post How to Become an Expert Trader // Ep. 119 appeared first on Think Profit Podcast.
5/10/202310 minutes, 11 seconds
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How to Stop Breaking Your Trading Rules // Ep. 118

 In This Episode How to avoid FOMO Why you should test on a long timeframe What you can learn from casinos Tips for Following Your Trading Rules The hardest thing in trading is following your trading rules. It's easy to move your stop loss, take trades that aren't part of your plan and take […] The post How to Stop Breaking Your Trading Rules // Ep. 118 appeared first on Think Profit Podcast.
3/25/20237 minutes, 12 seconds
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The BIGGEST Reason Traders Don’t Follow Their Trading Plan // Ep. 117

We break down why traders don't follow their plan and give you specific methods that will ensure that you follow your trading plan. The post The BIGGEST Reason Traders Don’t Follow Their Trading Plan // Ep. 117 appeared first on Think Profit Podcast.
2/6/20235 minutes, 18 seconds
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Risks of Trading in a Group // Ep. 116

Trading in a group may seem like a good idea because you can keep each other accountable. But it rarely works. Learn why here. The post Risks of Trading in a Group // Ep. 116 appeared first on Think Profit Podcast.
2/1/202311 minutes, 43 seconds
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The Easiest Trading Strategy to Code (According to a Hedge Fund Programmer) // Ep. 115

Walter talked to a hedge fund programmer and this is the type of trading strategy that the programmer told him is the easiest to code. The post The Easiest Trading Strategy to Code (According to a Hedge Fund Programmer) // Ep. 115 appeared first on Think Profit Podcast.
1/26/20238 minutes, 34 seconds
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Do You Really Need More Patience in Trading? // Ep. 114

A trader wrote in and asked how to have more patience in trading. We think he might actually need something else. Learn what it is here. The post Do You Really Need More Patience in Trading? // Ep. 114 appeared first on Think Profit Podcast.
1/11/20235 minutes, 11 seconds
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Dangers at the Biggest DECISION POINTS in Trading // Ep. 113

Learn how to manage key decision points in the process of trading. Also hear a simple method of releasing psychological capital. The post Dangers at the Biggest DECISION POINTS in Trading // Ep. 113 appeared first on Think Profit Podcast.
1/10/20238 minutes, 53 seconds
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How to Trade Fundamentals // Ep. 112

Learn what we think is important when trading fundamentals. This is also known as news trading. Also get the benefits and downsides. The post How to Trade Fundamentals // Ep. 112 appeared first on Think Profit Podcast.
12/31/202214 minutes, 5 seconds
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How to Get Funded by a Prop Firm // Ep. 111

Learn the benefits and downsides of trying out for a prop firm. There is a specific method to passing the test, which we share here. The post How to Get Funded by a Prop Firm // Ep. 111 appeared first on Think Profit Podcast.
11/15/20227 minutes, 26 seconds
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How Past Emotional Trauma Can Impact Your Trading // Ep. 110

Emotional trauma is often an under-examined area of trading psychology. Trauma that's affecting your trading might not be what you think. The post How Past Emotional Trauma Can Impact Your Trading // Ep. 110 appeared first on Think Profit Podcast.
10/26/20228 minutes, 27 seconds
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How to Beat Confirmation Bias // Ep. 109

Confirmation bias can be very dangerous in trading. Everyone has it. Learn why and how to overcome your biases. The post How to Beat Confirmation Bias // Ep. 109 appeared first on Think Profit Podcast.
10/24/202213 minutes, 7 seconds
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Should You Buy the Dip? // Ep. 108

A trader asked a question about trading pullbacks in a trend and if that is a good idea. We give our opinions and what to be aware of. The post Should You Buy the Dip? // Ep. 108 appeared first on Think Profit Podcast.
10/19/20228 minutes, 33 seconds
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Avoid These Common Backtesting Mistakes // Ep. 107

Backtesting is a tremendously valuable tool for testing a strategy and developing confidence in it. But it's very easy to do it wrong The post Avoid These Common Backtesting Mistakes // Ep. 107 appeared first on Think Profit Podcast.
10/17/202213 minutes, 35 seconds
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Why Backtesting is Vital to Success in Trading // Ep. 106

Some traders think that you don't need to backtest if another trader is already trading it successfully. We break down that faulty logic. The post Why Backtesting is Vital to Success in Trading // Ep. 106 appeared first on Think Profit Podcast.
10/10/20223 minutes, 22 seconds
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These Traders Have the Most Confidence // Ep. 105

We have been trading for awhile and have met many successful traders. Find out the traits of the most confident traders we have met. The post These Traders Have the Most Confidence // Ep. 105 appeared first on Think Profit Podcast.
10/3/20226 minutes, 59 seconds
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The Reality of Grid Trading With Big Money // Ep. 104

Walter traded a large account with a grid trading strategy. Find out how he did it, his results and what he learned. The post The Reality of Grid Trading With Big Money // Ep. 104 appeared first on Think Profit Podcast.
9/28/202215 minutes, 37 seconds
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Are You Meant to be a Trader? Here’s How to Tell // Ep. 103

There are certain signs that we've seen over the years that tells us if someone is meant to be a trader. Learn what they are here. The post Are You Meant to be a Trader? Here’s How to Tell // Ep. 103 appeared first on Think Profit Podcast.
8/12/20228 minutes, 20 seconds
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Should You Switch Trading Timeframes? // Ep. 102

Switching timeframes can change your trading strategy dramatically. Learn when we think it's a good idea to switch and when it isn't. The post Should You Switch Trading Timeframes? // Ep. 102 appeared first on Think Profit Podcast.
7/13/20227 minutes, 44 seconds
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Does Elliot Wave Theory Work? // Ep. 101

We sit down and discuss how effective Elliot Wave Theory is in real-life trading. Find out what we think works. The post Does Elliot Wave Theory Work? // Ep. 101 appeared first on Think Profit Podcast.
7/9/20227 minutes, 56 seconds
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The Psychology Behind the Gold and Silver Markets // Ep. 100

We sit down and talk about the psychology and mechanics behind the gold and silver markets. Find out what we have discovered. The post The Psychology Behind the Gold and Silver Markets // Ep. 100 appeared first on Think Profit Podcast.
7/5/20228 minutes, 8 seconds
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Growth Mindset Tips for Traders // Ep. 99

A growth mindset is one of the requirements for learning anything, especially trading. Learn how to develop this mindset with these tips. The post Growth Mindset Tips for Traders // Ep. 99 appeared first on Think Profit Podcast.
6/30/20228 minutes, 33 seconds
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Trading Psychology Checklists We Use Before Trading // Ep. 98

Learn our trading psychology checklists and why we have designed them that way. Get ideas for creating your own checklist. The post Trading Psychology Checklists We Use Before Trading // Ep. 98 appeared first on Think Profit Podcast.
6/17/202215 minutes, 22 seconds
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What if the Win Rate of My Trading System Isn’t High Enough? // Ep. 97

We discuss the pros and cons of trying to increase the win rate of a trading system. Sometimes you should not try to increase the win rate. The post What if the Win Rate of My Trading System Isn’t High Enough? // Ep. 97 appeared first on Think Profit Podcast.
6/2/20226 minutes, 16 seconds
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What is the Best Way to Exit a Trade? // Ep. 96

There isn't one best way to exit a trade. Learn how to figure out which method is best for your trading personality. The post What is the Best Way to Exit a Trade? // Ep. 96 appeared first on Think Profit Podcast.
5/30/20228 minutes, 40 seconds
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Trading Record Keeping is the Missing Link to Success // Ep. 95

This is the most underrated key to success in trading. Learn how to keep good records and why it's so important. The post Trading Record Keeping is the Missing Link to Success // Ep. 95 appeared first on Think Profit Podcast.
5/10/20225 minutes, 55 seconds
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Is Success in Trading Determined by Genius or Hard Work? // Ep. 94

Some people think that you have to have natural talent to be a successful trader. Others think it's work hard. Find out what we think. The post Is Success in Trading Determined by Genius or Hard Work? // Ep. 94 appeared first on Think Profit Podcast.
4/28/202211 minutes, 53 seconds
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Trading is Like Mining for Gold // Ep. 93

Learning to be a trader is like mining for gold. You have to do your homework, pick a spot and measure your results.  The post Trading is Like Mining for Gold // Ep. 93 appeared first on Think Profit Podcast.
4/14/20226 minutes, 28 seconds
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How Prospect Theory and Hyperbolic Discounting Lead to Trading Losses // Ep. 92

Prospect theory causes you to get into bad trades, while hyperbolic discounting causes you to get out of good trades too early.  The post How Prospect Theory and Hyperbolic Discounting Lead to Trading Losses // Ep. 92 appeared first on Think Profit Podcast.
4/13/20226 minutes, 28 seconds
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Personality Tests For Traders // Ep. 91

Listen in as we talk not only about personality tests that we have found useful, but we get into books and lesser known ways to find out who you are.  The post Personality Tests For Traders // Ep. 91 appeared first on Think Profit Podcast.
3/25/202216 minutes, 27 seconds
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Breakeven Trader Question: How to Stop Giving Back Gains // Ep. 90

We give a trader our opinions and help you understand when you should take profits early, or let your trade run its course.  The post Breakeven Trader Question: How to Stop Giving Back Gains // Ep. 90 appeared first on Think Profit Podcast.
3/14/20225 minutes, 7 seconds
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How to Use Talk Therapy to Take Your Trading to the Next Level // Ep. 89

We break down how talk therapy can be used to help improve trading performance and when this type of therapy may not help you.  The post How to Use Talk Therapy to Take Your Trading to the Next Level // Ep. 89 appeared first on Think Profit Podcast.
3/10/20227 minutes, 34 seconds
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Bitcoin Maximalists and the Danger of Thinking in Absolutes // Ep. 88

We give our opinions on what we think of Bitcoin maximalists and what the future could hold in crypto, especially BTC. The post Bitcoin Maximalists and the Danger of Thinking in Absolutes // Ep. 88 appeared first on Think Profit Podcast.
2/24/20227 minutes, 54 seconds
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The #1 Mistake Swing Traders Make in the Forex Market // Ep. 87

We share our best tips for overcoming this swing trading mistake and help you understand why you might be doing it.  The post The #1 Mistake Swing Traders Make in the Forex Market // Ep. 87 appeared first on Think Profit Podcast.
2/22/20225 minutes, 23 seconds
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How to Come Back After a String of Losing Trades // Ep. 86

A losing streak can be difficult to overcome because it can lead to negative emotions and mental errors. Find out what to track and how to mount your come back. The post How to Come Back After a String of Losing Trades // Ep. 86 appeared first on Think Profit Podcast.
2/17/20226 minutes, 12 seconds
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Money is NOT the Root of All Evil (But Are Rich People Good?) // Ep. 85

Seeing rich people as evil is one of be biggest roadblocks to becoming a successful trader. Learn how to change that narrative in this episode. The post Money is NOT the Root of All Evil (But Are Rich People Good?) // Ep. 85 appeared first on Think Profit Podcast.
2/15/20228 minutes, 30 seconds
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How to Limit Your Greed in Trading // Ep. 84

Fear and greed are the 2 primary forces that influence traders to make mistakes. Learn how to control your greed in this video. The post How to Limit Your Greed in Trading // Ep. 84 appeared first on Think Profit Podcast.
2/1/20226 minutes, 24 seconds
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When to Take Profit in Trading // Ep. 83

Learn the best options for exiting trades. The trick to figuring out which exit is best is to find out what is the most uncomfortable to you.   The post When to Take Profit in Trading // Ep. 83 appeared first on Think Profit Podcast.
1/25/20226 minutes, 24 seconds
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How to Handle FOMO (Trading Psychology with a PhD) // Ep. 82

One of the hardest situations to handle in trading is when you spot a potentially great trade, but you miss it...and it works out exactly as you planned. Learn how to handle that situation here. The post How to Handle FOMO (Trading Psychology with a PhD) // Ep. 82 appeared first on Think Profit Podcast.
1/18/202211 minutes, 45 seconds
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Is a Forex Trading Demo Account Best for Beginners? // Ep. 81

We talk about when you should consider trading a demo account, a small live account or simply using a simulator. The post Is a Forex Trading Demo Account Best for Beginners? // Ep. 81 appeared first on Think Profit Podcast.
1/15/20229 minutes, 25 seconds
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How to Overcome the Fear of Losing in Trading // Ep. 80

This is a big one for many traders, so we sat down to talk about the causes of fear and how to overcome them. The post How to Overcome the Fear of Losing in Trading // Ep. 80 appeared first on Think Profit Podcast.
1/10/20228 minutes, 15 seconds
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Hypnosis for Trading: How to Use it to Improve Performance // Ep. 79

Hypnosis is an often misunderstood tool that can be used to improve performance in any area of life. Learn more in this episode. The post Hypnosis for Trading: How to Use it to Improve Performance // Ep. 79 appeared first on Think Profit Podcast.
12/21/20218 minutes, 21 seconds
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Flow State Trading – How to Get Into the Zone // Ep. 78

Regardless of how you trade, getting into the right mindset will greatly improve your chances of trading in a peak performance state.  The post Flow State Trading – How to Get Into the Zone // Ep. 78 appeared first on Think Profit Podcast.
12/14/20217 minutes, 20 seconds
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Game Theory in Trading: How to Use it to Your Advantage // Ep. 77

In this episode, we talk about the different facets of game theory and how they relate to successful trading. The post Game Theory in Trading: How to Use it to Your Advantage // Ep. 77 appeared first on Think Profit Podcast.
12/2/20219 minutes, 40 seconds
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Crypto Trading Psychology – Why You Should Think Differently About Cryptocurrencies // Ep. 76

Each trading market requires a slightly different psychology to trade it successfully. Listen in as we talk about what works in crypto and what doesn't.  The post Crypto Trading Psychology – Why You Should Think Differently About Cryptocurrencies // Ep. 76 appeared first on Think Profit Podcast.
11/29/202111 minutes, 57 seconds
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Trading Affirmations: Different Ways to Install Positive Thoughts Into Your Subconscious // Ep. 75

In this episode, we go over a few simple ways that you can install positive thoughts into your subconscious brain.  The post Trading Affirmations: Different Ways to Install Positive Thoughts Into Your Subconscious // Ep. 75 appeared first on Think Profit Podcast.
11/25/20218 minutes, 20 seconds
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You Might Already be a Consistently Profitable Trader (advanced traders only) // Ep. 74

If you haven't been tracking your trading results closely you might already be consistently profitable. Learn how to find out here. The post You Might Already be a Consistently Profitable Trader (advanced traders only) // Ep. 74 appeared first on Think Profit Podcast.
11/23/20219 minutes, 38 seconds
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Trading Meditation: Techniques That Work for Us // Ep. 73

In this episode, we talk about the different methods of meditating and the different issues that meditation can solve. The post Trading Meditation: Techniques That Work for Us // Ep. 73 appeared first on Think Profit Podcast.
11/17/202111 minutes, 49 seconds
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Why Your Trading Exit Strategy is More Important Than Your Entry // Ep. 72

We both agree that the exit is an easier place to start when optimizing a system. Listen to the episode to learn why.  The post Why Your Trading Exit Strategy is More Important Than Your Entry // Ep. 72 appeared first on Think Profit Podcast.
11/13/20217 minutes, 54 seconds
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What We’ve Learned About Sleep Quality: How to Optimize For Best Performance // Ep. 71

Getting a good night's sleep is essential to performing well as a trader. Learn how to get better sleep and what works for us. The post What We’ve Learned About Sleep Quality: How to Optimize For Best Performance // Ep. 71 appeared first on Think Profit Podcast.
11/4/202112 minutes, 39 seconds
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Confidence vs Ego in Trading: Where is the Line? // Ep. 70

Some traders think that getting rid of their ego is the key to being a successful trader. That might be useful in some cases. But not always. The post Confidence vs Ego in Trading: Where is the Line? // Ep. 70 appeared first on Think Profit Podcast.
10/27/202111 minutes, 58 seconds
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Get More Forex Trades: Should You Do It? // Ep. 69

Many traders strive to get more trades because they think they will make more money. Learn different ways to improve returns. The post Get More Forex Trades: Should You Do It? // Ep. 69 appeared first on Think Profit Podcast.
10/22/20218 minutes, 14 seconds
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Should You Trade Forex Daily? // Ep. 68

A lot of new traders tend to want to trade every day. But is that a good idea? Learn how to figure out how frequently you should trade. The post Should You Trade Forex Daily? // Ep. 68 appeared first on Think Profit Podcast.
10/7/20219 minutes, 47 seconds
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Trading Psychology Rules We Never Break // Ep. 67

Learn our trading rules that we don't break on our trading. Find out where they came from and how they might help you develop your own rules. The post Trading Psychology Rules We Never Break // Ep. 67 appeared first on Think Profit Podcast.
9/28/202110 minutes, 28 seconds
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Trading Edge Strategy: How Long Does an Edge Last? // Ep. 66

In this episode, we answer the question of how long a trading edge will last. Hint: It just depends on what type of edge you have. The post Trading Edge Strategy: How Long Does an Edge Last? // Ep. 66 appeared first on Think Profit Podcast.
9/23/202117 minutes, 54 seconds
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How to Stay in Winning Trades Longer // Ep. 65

Still getting out of trades too soon? Learn practical tips for staying in winning trades longer and find out what works for us. The post How to Stay in Winning Trades Longer // Ep. 65 appeared first on Think Profit Podcast.
9/14/20215 minutes, 20 seconds
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Secrets to Trading Success: Underrated Strategies for Going Full-Time // Ep. 64

Sometimes, becoming a full-time trader might be closer than some traders think. It might just take a couple of small tweaks. Learn them here. The post Secrets to Trading Success: Underrated Strategies for Going Full-Time // Ep. 64 appeared first on Think Profit Podcast.
9/10/20218 minutes, 19 seconds
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The Default Mode Network, The God Helmet and How to Reinvent Yourself // Ep. 63

We talk about some of the methods that we've tried and geek out on some of the techniques that you may not have heard about before.  The post The Default Mode Network, The God Helmet and How to Reinvent Yourself // Ep. 63 appeared first on Think Profit Podcast.
8/24/20218 minutes, 52 seconds
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How to Overcome Trading Addiction // Ep. 62

In this episode, we talk about how to recognize if you have an addiction and how to actually turn that into something productive.  The post How to Overcome Trading Addiction // Ep. 62 appeared first on Think Profit Podcast.
8/19/202111 minutes, 31 seconds
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Top Investments for 2021 and the Next 5 Years? // Ep. 61

We took a break from trading psychology topics to take a look at what we think might be the best trades for 2021 and the next 5 years.  The post Top Investments for 2021 and the Next 5 Years? // Ep. 61 appeared first on Think Profit Podcast.
8/14/20219 minutes, 25 seconds
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NFP Trading Strategy: Does it Still Work? // Ep. 60

Walter has been doing monthly NFP webinars for years, and he shares his experiences with how the influence has changed over time. The post NFP Trading Strategy: Does it Still Work? // Ep. 60 appeared first on Think Profit Podcast.
8/5/20217 minutes, 12 seconds
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Why Trying to Change People’s Minds is a Waste of Time // Ep. 59

Many people will say that they don't care about changing minds, but in the heat of the moment, it's often a different story.  The post Why Trying to Change People’s Minds is a Waste of Time // Ep. 59 appeared first on Think Profit Podcast.
7/30/202116 minutes, 21 seconds
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Multiple Failures Before Success: Businesses We Failed at Before Becoming Traders // Ep. 58

Many traders failed at other businesses, before becoming profitable in trading. Find out what we did before trading and how that helped us. The post Multiple Failures Before Success: Businesses We Failed at Before Becoming Traders // Ep. 58 appeared first on Think Profit Podcast.
7/27/202125 minutes, 7 seconds
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How to Become a More Consistent Trader // Ep. 57

So we sit down to talk about about why consistency isn't everything traders think it is and how traders can think about it differently. The post How to Become a More Consistent Trader // Ep. 57 appeared first on Think Profit Podcast.
7/9/20219 minutes, 18 seconds
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How to Overcome Fear and Anxiety with 1 Simple Mindset Shift // Ep. 56

Fear and anxiety can be debilitating. Learn how to shift your mindset to see opportunities instead of roadblocks. The post How to Overcome Fear and Anxiety with 1 Simple Mindset Shift // Ep. 56 appeared first on Think Profit Podcast.
7/1/20217 minutes, 4 seconds
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How to Pick the Trading Catalyst That Gives You the Edge // Ep. 55

The big question many traders ask is: How do you find YOUR catalyst?!! Find out what we think in this episode. The post How to Pick the Trading Catalyst That Gives You the Edge // Ep. 55 appeared first on Think Profit Podcast.
6/29/20214 minutes, 14 seconds
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How to Overcome Your Hesitation to Enter Trades // Ep. 54

Afraid to trade? Luckily, there are simple solutions to overcoming trading hesitation. Learn what they are in this episode. The post How to Overcome Your Hesitation to Enter Trades // Ep. 54 appeared first on Think Profit Podcast.
6/24/20216 minutes, 29 seconds
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Essential Traits of Highly Successful Traders // Ep. 53

The important thing to remember is that even if you don't have these characteristics, you can develop them.  The post Essential Traits of Highly Successful Traders // Ep. 53 appeared first on Think Profit Podcast.
6/10/202115 minutes, 37 seconds
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Aggressive Trading Strategies: What You Need to Know Before You Get Started // Ep. 52

Learn our tips for approaching aggressive trading methods and where to get started with testing. You might not have to do it to profit. The post Aggressive Trading Strategies: What You Need to Know Before You Get Started // Ep. 52 appeared first on Think Profit Podcast.
6/10/20217 minutes, 4 seconds
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Trading Decision Making: How to Trade With Confidence // Ep. 51

We discuss the common issues that traders face when it comes to trading with confidence and give you a couple of strategies that you can use to build your confidence.  The post Trading Decision Making: How to Trade With Confidence // Ep. 51 appeared first on Think Profit Podcast.
6/8/20217 minutes, 10 seconds
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Mind vs Brain: What’s the Difference? // Ep. 50

Find out the difference between the brain and the mind and why we think there is information that we can tap into that resides outside of our body.  The post Mind vs Brain: What’s the Difference? // Ep. 50 appeared first on Think Profit Podcast.
5/27/202111 minutes, 37 seconds
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Automated Trading for Beginners: The Psychology Behind Building a Trading Bot // Ep. 49

A lot of people think that automated trading bots take all of the emotion out of trading. On the contrary, the psychology is similar. Learn why here. The post Automated Trading for Beginners: The Psychology Behind Building a Trading Bot // Ep. 49 appeared first on Think Profit Podcast.
5/13/20218 minutes, 51 seconds
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Trading Losing Streak? How to Figure Out Why You’re Losing // Ep. 48

In this episode, we answer a listener question on how to figure out why she goes on a winning streak, but then seems to lose immediately afterwards.  The post Trading Losing Streak? How to Figure Out Why You’re Losing // Ep. 48 appeared first on Think Profit Podcast.
4/22/20219 minutes, 25 seconds
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How is Forex Different From the Stock Market? // Ep. 47

In this episode, we talk about the nuances of the stock and Forex market and which types of people are more likely to be successful in each one.  The post How is Forex Different From the Stock Market? // Ep. 47 appeared first on Think Profit Podcast.
4/13/202111 minutes, 35 seconds
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How to Build a Trading Strategy from Scratch // Ep. 46

In this episode, we break down the system building process and give you some shortcuts to building a trading strategy. The post How to Build a Trading Strategy from Scratch // Ep. 46 appeared first on Think Profit Podcast.
4/9/202111 minutes, 42 seconds
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Attention Deficit Disorder Coping Strategies for Traders // Ep. 45

Is A.D.D. in trading really a thing, or is there something else behind it? Learn how to overcome these tendencies and thrive in trading. The post Attention Deficit Disorder Coping Strategies for Traders // Ep. 45 appeared first on Think Profit Podcast.
4/7/20215 minutes, 55 seconds
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Can Anyone Learn to Trade? // Ep. 44

In this episode, we address the reality of if trading is a learnable skill and if we think everyone can learn to trade successfully.  The post Can Anyone Learn to Trade? // Ep. 44 appeared first on Think Profit Podcast.
3/31/202110 minutes, 20 seconds
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How to Be More Patient in Trading // Ep. 43

The top 3 ways that we know of to stay in winning trades longer and reap the rewards of a good run. Consider implementing these strategies. The post How to Be More Patient in Trading // Ep. 43 appeared first on Think Profit Podcast.
3/24/20215 minutes, 38 seconds
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Jesse Livermore Lessons: Life and Trading Psychology // Ep. 42

What made Jesse Livermore such a good trader and what were some of the dark sides to his psychology? Learn from Livermore in this episode. The post Jesse Livermore Lessons: Life and Trading Psychology // Ep. 42 appeared first on Think Profit Podcast.
3/18/20215 minutes
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Catastrophizing: Stop Screwing Up Good Trades // Ep. 41

Catastrophizing is one of the biggest reasons why traders fail. Learn how to fix this issue and improve your trading mindset. The post Catastrophizing: Stop Screwing Up Good Trades // Ep. 41 appeared first on Think Profit Podcast.
3/12/20217 minutes, 35 seconds
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Wealth Mindset: Strategies For Success // Ep. 40

If you're having trouble envisioning yourself as wealthy, then this episode is for you. Walter gives you his favorite book with exercises on how to feel and be more wealthy.  The post Wealth Mindset: Strategies For Success // Ep. 40 appeared first on Think Profit Podcast.
3/5/20215 minutes, 56 seconds
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Neurophone Review: Our Personal Experiences // Ep. 39

Learn how this little-known device was originally created for deaf people, but it has it has surprising applications for traders. The post Neurophone Review: Our Personal Experiences // Ep. 39 appeared first on Think Profit Podcast.
2/26/20218 minutes, 41 seconds
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How to Stop Missing Out on Trades // Ep. 38

Ever kick yourself for missing a perfect trade? This episode will give you concrete solutions on how to prevent that from happening. The post How to Stop Missing Out on Trades // Ep. 38 appeared first on Think Profit Podcast.
2/17/202110 minutes, 41 seconds
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Swing Trading Psychology: What Makes It Different? // Ep. 37

Learn what makes swing trading different from trading other platforms and the types of people who are best suited to do it. The post Swing Trading Psychology: What Makes It Different? // Ep. 37 appeared first on Think Profit Podcast.
1/28/20215 minutes, 24 seconds
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The Best Trading Psychology Books of All-Time // Ep. 36

Learn which trading psychology books helped us the most when we were learning to trade. Find hidden gems that can help improve your trading. The post The Best Trading Psychology Books of All-Time // Ep. 36 appeared first on Think Profit Podcast.
1/21/202118 minutes, 10 seconds
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What Would You Have Done Differently When You Started? // Ep. 35

Learn what we would have done differently to speed up our learning process in trading if we could go back and start from the beginning. The post What Would You Have Done Differently When You Started? // Ep. 35 appeared first on Think Profit Podcast.
1/19/202110 minutes, 14 seconds
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Are Women Naturally Better Traders? // Ep. 34

In this episode, we discuss the general differences between male and female traders...and why women are usually more successful. The post Are Women Naturally Better Traders? // Ep. 34 appeared first on Think Profit Podcast.
1/15/20214 minutes, 56 seconds
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Revenge Trading: Why Traders Do It and How to Fix It // Ep. 33

Revenge trading is one of the most common reasons that trader blow out their accounts. Learn why it can happen and how to avoid it. The post Revenge Trading: Why Traders Do It and How to Fix It // Ep. 33 appeared first on Think Profit Podcast.
1/13/20219 minutes, 17 seconds
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Trader Personality Types: Don’t Fight Your Personality // Ep. 32

Stop fighting your personality type and work with it. This is the secret to success in trading. Learn how to do it in this episode. The post Trader Personality Types: Don’t Fight Your Personality // Ep. 32 appeared first on Think Profit Podcast.
1/11/20217 minutes, 13 seconds
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Trading Stress Management Techniques // Ep. 31

Trading can be stressful. Learn these tested and proven methods for reducing stress, calming down and focusing on your trading. The post Trading Stress Management Techniques // Ep. 31 appeared first on Think Profit Podcast.
11/25/20207 minutes, 13 seconds
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How to Become Friends with Successful People // Ep. 30

Some say that you're the average of the 5 people you hang out with the most. Learn how to make friends with more successful people. The post How to Become Friends with Successful People // Ep. 30 appeared first on Think Profit Podcast.
11/13/20207 minutes, 13 seconds
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NAD and Resveratrol: Our Personal Experiences // Ep. 29

Does NAD with Resveratrol help keep you younger and improve your brain function? Learn what Walter has experienced with it. The post NAD and Resveratrol: Our Personal Experiences // Ep. 29 appeared first on Think Profit Podcast.
11/11/20207 minutes, 13 seconds
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What’s the Least Number of Trades Needed to Trust a Trading System? // Ep. 28

What's the minimum number of testing trades that you should have in order to trust a trading system? Learn what we have discovered about small sample sizes. The post What’s the Least Number of Trades Needed to Trust a Trading System? // Ep. 28 appeared first on Think Profit Podcast.
11/6/20207 minutes, 13 seconds
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Trading Entry Strategy: Should You Switch? // Ep. 27

Should you switch your entry strategy? In this episode, we show you what to look for, how to read the data and much more. The post Trading Entry Strategy: Should You Switch? // Ep. 27 appeared first on Think Profit Podcast.
11/6/20207 minutes, 13 seconds
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How to Overcome a Trading Losing Streak // Ep. 26

Losing streaks in trading are tough to handle. Learn exactly what you need to do during a losing streak, to turn things around. The post How to Overcome a Trading Losing Streak // Ep. 26 appeared first on Think Profit Podcast.
10/29/20207 minutes, 13 seconds
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Negative Bias Beliefs: How They Destroy Your Trading (and help) // Ep. 25

Learn how to use a healthy amount of your negative bias and remain more centered to give you a better shot at trading success.  The post Negative Bias Beliefs: How They Destroy Your Trading (and help) // Ep. 25 appeared first on Think Profit Podcast.
10/25/20207 minutes, 13 seconds
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How to Overcome Cognitive Biases in Trading // Ep. 24

These cognitive biases help us navigate the world successfully because they are shortcuts that allow us to process a lot of information very quickly. But in trading, they can hurt us.  The post How to Overcome Cognitive Biases in Trading // Ep. 24 appeared first on Think Profit Podcast.
10/21/202014 minutes, 53 seconds
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How to Build Mental Toughness in Trading // Ep. 23

Learn how to build mental toughness and perseverance in trading. Get tips on how to objectively analyze performance and keep going when things get tough. The post How to Build Mental Toughness in Trading // Ep. 23 appeared first on Think Profit Podcast.
10/19/20206 minutes, 34 seconds
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Simple Ways to Upgrade Your Trading Psychology // Ep. 22

Here are some simple (and fun) ways to get you out of a rut and upgrade your trading psychology. The Neurophone is one of them. The post Simple Ways to Upgrade Your Trading Psychology // Ep. 22 appeared first on Think Profit Podcast.
10/15/20207 minutes, 13 seconds
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Trading with Crowd Psychology // Ep. 21

Learn the inner workings of crowd psychology in trading and how that can help you predict future price moves. The post Trading with Crowd Psychology // Ep. 21 appeared first on Think Profit Podcast.
10/10/20207 minutes, 13 seconds
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Is it Possible to Trade Without Emotion? // Ep. 20

Many traders think that the key to success it to completely eliminate emotions from trading. But that's not possible. Learn a better way here. The post Is it Possible to Trade Without Emotion? // Ep. 20 appeared first on Think Profit Podcast.
10/8/202010 minutes, 49 seconds
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How to Rewire Your Brain for Trading Success // Ep. 19

If you've been having problems with changing your mindset, this episode will give you practical strategies and tools to implement right now.  The post How to Rewire Your Brain for Trading Success // Ep. 19 appeared first on Think Profit Podcast.
10/4/202010 minutes, 51 seconds
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Afraid to Trade: Overcome “Pulling the Trigger” Anxiety // Ep. 18

We discuss the reasons why traders hesitate to take trades. Learn the best way to overcome this issue and how our friend become successful. The post Afraid to Trade: Overcome “Pulling the Trigger” Anxiety // Ep. 18 appeared first on Think Profit Podcast.
9/30/20205 minutes, 57 seconds
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Random Entry Trading System: Does it Work? // Ep. 17

Do random entry systems work? In this episode, we discuss the upsides and drawbacks and how it can help you become a better trader. The post Random Entry Trading System: Does it Work? // Ep. 17 appeared first on Think Profit Podcast.
9/25/20206 minutes, 17 seconds
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How to Let Your Profits Run in Forex // Ep. 16

Learn how to let your winners run and cut your losers short. Get specific tips and why there isn't just one solution. The post How to Let Your Profits Run in Forex // Ep. 16 appeared first on Think Profit Podcast.
9/22/20205 minutes, 43 seconds
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When Should You Switch Trading Systems? // Ep. 15

Here's what to consider when you want to switch trading systems, add a new trading strategy or test a new trading system. The post When Should You Switch Trading Systems? // Ep. 15 appeared first on Think Profit Podcast.
9/20/20206 minutes, 4 seconds
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Impulsive Trading: How to Stop Doing It // Ep. 14

Impulsive trading can lead to losses, but it's very tempting. We show you proven techniques for stopping impulsive trading. The post Impulsive Trading: How to Stop Doing It // Ep. 14 appeared first on Think Profit Podcast.
9/16/20206 minutes, 36 seconds
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Become a Profitable Trader Faster with Positive Feedback Loops // Ep. 13

The best way to become a profitable trader in a short period of time is to use positive feedback loops. Find out what they are here. The post Become a Profitable Trader Faster with Positive Feedback Loops // Ep. 13 appeared first on Think Profit Podcast.
9/13/20207 minutes, 58 seconds
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Trading FOMO: How to Deal With It // Ep. 12

FOMO is a natural human emotion...which doesn't help in trading. Learn the different types and how to overcome it. The post Trading FOMO: How to Deal With It // Ep. 12 appeared first on Think Profit Podcast.
9/9/20206 minutes, 50 seconds
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Trading Intuition: Is It Profitable? // Ep. 11

Is intuition useful in trading? Or is it a recipe for disaster? Learn what we think and how to tell if YOU should be using intuition in your trading. The post Trading Intuition: Is It Profitable? // Ep. 11 appeared first on Think Profit Podcast.
9/3/20206 minutes, 4 seconds
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Trading Strategy or Psychology? Which is More Important? // Ep. 10

Is your trading strategy or trading psychology more important? Find out what we think in this episode. The post Trading Strategy or Psychology? Which is More Important? // Ep. 10 appeared first on Think Profit Podcast.
9/2/20206 minutes, 21 seconds
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How to Overcome Negative Beliefs About Yourself // Ep. 9

Learn simple strategies for reprogramming your subconscious mind and overwrite negative programming from your past. The post How to Overcome Negative Beliefs About Yourself // Ep. 9 appeared first on Think Profit Podcast.
8/28/202010 minutes, 34 seconds
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How to Overcome Your Ego in Trading // Ep. 8

Your ego can be a huge stumbling block to your success. Learn how to overcome it and guard against this one thing as you become more successful. The post How to Overcome Your Ego in Trading // Ep. 8 appeared first on Think Profit Podcast.
8/28/20205 minutes, 38 seconds
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Trading Psychology Edge: We Share What Works For Us // Ep. 7

You need to have an edge to be successful in trading. In this episode, we share what we feel are our trading psychology edges, and how you can develop your edge too. The post Trading Psychology Edge: We Share What Works For Us // Ep. 7 appeared first on Think Profit Podcast.
8/25/20205 minutes, 20 seconds
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Tips for Analyzing Losing Trades // Ep. 6

You will have losing trades. But what matters is how you respond to them. Get tips for properly analyzing your trades. The post Tips for Analyzing Losing Trades // Ep. 6 appeared first on Think Profit Podcast.
8/21/20206 minutes, 42 seconds
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How to Spot Fake Forex Traders on Instagram // Ep. 5

Learn a couple of tips for spotting demo trading results on social media and how that can affect your trading confidence. The post How to Spot Fake Forex Traders on Instagram // Ep. 5 appeared first on Think Profit Podcast.
8/19/20209 minutes, 8 seconds
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The Pitfalls of News Trading Strategies // Ep. 4

Learn why news trading can be dangerous and why we prefer technical trading. Also learn how what you watch can affect your trading psychology. The post The Pitfalls of News Trading Strategies // Ep. 4 appeared first on Think Profit Podcast.
8/14/20207 minutes, 54 seconds
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We Share Our Morning Routines for Trading // Ep. 3

Morning routines help you start the day on the right foot and can improve your trading performance. Learn what we do as soon as we wake up. The post We Share Our Morning Routines for Trading // Ep. 3 appeared first on Think Profit Podcast.
8/7/20207 minutes, 40 seconds
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How to Handle Trading Losses // Ep. 2

Losses are a natural part of trading, but they can take their toll on you...if you let them. Learn how to overcome trading losses and find techniques for objectively evaluating them. The post How to Handle Trading Losses // Ep. 2 appeared first on Think Profit Podcast.
8/7/20205 minutes, 40 seconds
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How to Deal With Haters in Trading // Ep. 1

When people discourage you from trading, it can negatively affect your confidence. Learn how to deal with these people and potentially turn them into a supporters. The post How to Deal With Haters in Trading // Ep. 1 appeared first on Think Profit Podcast.
8/7/20209 minutes, 25 seconds