What You Can Learn From Millionaire Traders

In episode 161 of the Desire To Trade Podcast, I am bringing back full-time day trader and psychology coach Mandi Pour Rafsendjani to discuss what we can learn from millionaire traders.

Having worked with a very large number of successful traders, Mandi has seen directly the kind of mindset, attitude, etc. high-performing traders have.

 

Watch the video interview here!

 

Topics Covered In This Episode

• Who Mandi Pour Rafsendjani is and what she exactly does [0:17]
• What the millionaire traders (that Mandi look up to) do differently [4:24]
• The two types of people when it comes to their thinking and feelings [5:34]
• How to look at the bigger picture and the statistics [8:33]
• Reflecting back on past trades, creating a checklist, going back and reviewing to compare benchmarks [10:29]
• Trading by yourself and starting out with a strategy [13:30]
• What it takes to “shift out” to do what needs to be done [16:01]
• The self-trust and certainty that most people want to have [18:32]
• How the trading names and terminologies can make it difficult to apply in the trading process [21:28]
• How millionaire traders look at the market and think about their loss; and their techniques [26:20]
• How millionaire traders are competitive and how they love the game and embrace challenges [28:12]
• How to take losses in trading; cutting your losses early [31:25]
• The main difference in traders who make money or lose money [33:28]
• How thinking positive about yourself is hard; and coming back after feeling bad and losing in a trade [37:15]
• How people help you out especially if you ask a good question [42:10]
• Protecting your capital and your “golden goose” [43:17]
• The learnings that you will have when losing money [44:13]
• Being curious about different viewpoints and willing to learn from others [46:20]
• What traders should tactically apply in the next week, and setting goals to become better [48:55]
• And many more!

 

Resources Mentioned

• BOOK: Mindset by Carol Dweck

 

How To Find Mandi Pour Rafsendjani?

• Website
• Facebook
• LinkedIn
• Twitter

 DesireToTRADE Top Resources

• Desire To TRADE Forex Trader Community (free group!)
• Complete Price Action Strategy Checklist (free checklist!)
• One-Page Trading Plan (free template!)
• DesireToTRADE Academy (exclusive training program)

 

What is one thing you are going to implement after listening to this podcast episode? Leave a comment below, or join me in the Facebook group!