Uncertainty is a core feature of trading the markets, and combined with taking risk it provides a challenging decision making environment for traders to operate within.Uncertainty is a core feature of trading the markets, and combined with taking risk it provides a challenging decision making environment for traders to operate within.

In this episode we look at our human aversion to uncertainty, why being able to manage uncertainty effectively is key to achieving your trading potential, and I share several practical strategies to help you to manage uncertainty more effectively within your own trading including changing your mental framework and a paradoxical technique of 'planned uncertainty'.

Key themes covered include…

• Ambiguity aversion – avoiding uncertainty • Why becoming a successful trader requires you to embrace uncertainty

• The uncertainty paradox – traders like variety, but not uncertainty

• Embracing uncertainty – why acceptance beats aversion for traders

• The power of  adopting an impermanence mindset to get comfortable with uncertainty

• How the threat and anxiety of uncertainty can be flipped to opportunity and excitement

• Planned uncertainty – a mental strategy for managing uncertainty

• The pre-mortem – a back to the future style strategy for improving trading decision making

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