Episode 16 – You’re not good enough to be disappointed

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Summary

I talk to a lot of traders and over and over again I hear how in one form or another that they’re not happy with their performance.

Let me say this and I don’t mean to be controversial but I think it needs to be said.

But for most traders out there I’m sorry but “you are not good enough to be disappointed”.

This is especially true for new traders.

So I don’t mean to say this to berate you but rather I offer you that humbling statement so that you can reframe where you are with your trading.

Now if you’re Michael Jordan or Tiger Woods and you’ve had a long history of successful performance and achievement and currently find yourself not performing at the level which you think you can perform, then

  • what are you letting in that is contaminating your trading process?
  • thematically has anything changed in the way you are operating or making decision?

However for most of us and for most of the time we are all getting the results we’re supposed to get.

Listen on to hear about how unrealistic expectations can:

  • create a vicious loop of self rejection,
  • disconnect us from improving as traders,
  • and what we can do about it.

 

Big Ideas

  1. The importance of realistic expectations
  2. Disconnect the trader from the trading system
  3. Cultivate an awareness of your inner critic

 

Resources Mentioned

Becoming Your Own Trading Coach – Free e-course on taking control of your development as a trader

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Episode 16 – You’re not good enough to be disappointed

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