DiscoverThe Trading Psychology and Mindset PodcastCourage vs Impulsiveness: What's the difference? And why it matters for traders
Courage vs Impulsiveness: What's the difference? And why it matters for traders

Courage vs Impulsiveness: What's the difference? And why it matters for traders

Update: 2023-02-221
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Many traders fall into the trap of mistaking impulsiveness for courage.

Oftentimes, actions based on impulse are driven by the fight or flight response, rather than rational thinking.

Courage in trading requires facing one's own beliefs and being open to the flow of information in the market. This can be challenging, but it is also an opportunity for growth and success in trading.

Why is it important to train the mind to have beliefs that correspond with the market without triggering emotional pain? How can you face your existing fears and beliefs with courage and rebuild them?

In this episode of the Trading Psychology and Mindset Podcast, I challenge the conventional wisdom about courage and impulsiveness in trading, and reveal the key to unlocking consistent profitability.

If you’ve enjoyed this episode, don’t forget to like, share, and subscribe for more. 

See you on the next one! 

Episode Highlights:

  • Welcome to The Trading Psychology & Mindset Podcast [00:00 ]
  • What is impulsive? What is courage? [2:10 ]
  • The difference between courage and impulsiveness in trading [4:07 ]
  • The desire to make things happen is hardwired into us all [06:02 ]
  • The problem in trading done by traders [07:11 ]
  • Your true belief system is what gets exposed [09:25 ]
  • What is the threat in trading? [11:21 ]
  • How to neutralise the threat of the market [12:59 ]

Connect with Ash Playsted:

See omnystudio.com/listener for privacy information.

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Courage vs Impulsiveness: What's the difference? And why it matters for traders

Courage vs Impulsiveness: What's the difference? And why it matters for traders

Ash Playsted