DiscoverTrading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More)288. How a Trading Psychology Expert Builds the Winning Mindset of a Funded Trader
288. How a Trading Psychology Expert Builds the Winning Mindset of a Funded Trader

288. How a Trading Psychology Expert Builds the Winning Mindset of a Funded Trader

Update: 2024-10-11
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Andy Murphy explores the psychological aspects of trading, focusing on traders managing funded accounts after passing a prop firm challenge. He discusses the crucial difference between gambling and trading, emphasizing the need for a professional mindset to avoid gambling behaviors. Andy shares strategies for rewiring the brain to improve trading performance, such as recognizing dopamine hits and interrupting negative thought patterns.



00:00 Introduction

03:42 Transitioning from Amateur to Professional

04:50 Understanding the Dopamine Hit

06:03 The Importance of Mindset in Trading

08:20 Breaking Negative Patterns

09:30 Internal Dialogue and Focus

11:27 Logic vs. Emotion in Trading

12:04 Practice Before Funded Accounts

13:04 Final Thoughts



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288. How a Trading Psychology Expert Builds the Winning Mindset of a Funded Trader

288. How a Trading Psychology Expert Builds the Winning Mindset of a Funded Trader

Cam Hawkins