161: What You Can Learn From Millionaire Traders - Mandi Pour Rafsendjani
Desire To Trade Podcast | Forex Trading & Interviews with Highly Successful Traders - A podcast by Etienne Crete - Mondays
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!