Growth Mindset in Trading: Developing a Mindset for Success. Ep.3
June 24, 2019 Steven Goldstein a Mark Randall This episode of the AlphaMind podcast jointly explores the subject of 'Trading Mindset' through the lens of Carol Dweck's Growth Mindset philosophy. This conversation covers a broad swathe of themes around the subject of 'Mindset' in trading, including: How 'Growth Mindset' is linked to Success and Positive Psychology. The 2 Mindsets, Growth and Fixed and how they playout in Trading. How Successful traders demonstrate 'Growth Mindset's'. Developing your Potential, Improving, growing as a risk-taker. How Financial Markets tip people into Fixed Mindsets. Becoming 'Stuck in a ruck' and moving out of that. The Mindset needed for new traders, and the danger of chasing success. Dealing with Setbacks. Managing Self and Mindset through drawdowns and barren spells. How you can help yourself develop and cultivate a Growth Mindset. Examples of Traders in a Growth Mindset. Fixed Mindset, Growth Mindset and Ego. Setting your environment for a Growth Mindset. So much great wisdom shared in this conversation. We think you will really enjoy it.