Have you ever tried an algorithmic trading strategy that failed? If the answer is yes, Now is the time to Stop Losing Money Trading!
Algorithmic breakout trading specialists Tomas Nesnidal and Andrew Swanscott discuss “How To Stop Losing Money – MINDSET SHIFT”, including:
- The 5 steps of the “Negative Cycle” of trading,
- The 3 step “Mindset Shift Process” to break the negative cycle,
- The 5 steps of the “Positive Cycle” of trading,
- Why drawdowns are a good thing for traders,
- How past experiences impact us and what to do about it,
- Why false positivity doesn’t work in trading,
- And much more.
Episode Highlights:
[01:33] – Launch of the Breakout Trading Revolution book
[03:00] – Capturing a brand new trading idea
[07:50] – The 5 steps of the “Negative Cycle” of trading
[12:40] – The 3 step “Mindset Shift Process” to break the negative cycle
[19:08] – The 5 steps of the “Positive Cycle” of trading
[20:20] – Why drawdowns are a good thing for traders
[26:50] – How past experiences impact us
[31:00] – Why false positivity doesn’t work in trading
[32:30] – Meditation to manage trading mindset
[38:03] – Stay positive, work hard, make it happen
[39:20] – Does mindset matter for algo trading?
[41:55] – How many strategies you need before trading live
Released: August 23, 2022
