049: Working On Your Self-Images & Other Ways To Succeed - Patrick James
07/18/16 • 43 min
If this isn't the first podcast episode you're listening to, you certainly know how passionate I am about trading.
Sometimes, however, I like to expand my perspectives and bring guests outside the trading world on the Desire To Trade Podcast. These guests bring unique ideas based on their own field of expertise. So far, I've been greatly impressed by the advice the non-traders provided on energy & fitness.
And here's one more!
In episode 49 of the Desire To Trade Podcast, I interview Patrick James, a charisma expert who shares his best advice on crushing it in life.
The interview started with an off-topic conversation about charisma. Then, Patrick mentioned the book Psycho-Cybernetics by Maxwell Maltz.
Psycho-Cybernetics is all about self-image. According to Maltz, “you will act like the sort of person you conceive yourself to be.”
If you want to ensure you succeed in trading over the long-term, you must not only understand how to trade, but also how to manage yourself. That starts with talking to yourself positively. Affirmations are a great way to change the view you have of yourself. Another very practical advice Patrick proposes is concerns the speed of implementation.
You must decide to take control of your self image, and then decide what you want it to be.
What's covered in this episode?
- What is charisma & why it's important for traders
- The impact of self-image & how to improve your self-image
- How to talk to yourself and empower you to succeed
- The habits that can help you succeed
- How to use the speed of implementation
- How to act like the person you want to become
- How to deal with people who don't support you
- And much more!
Show notes: www.desiretotrade.com/patrick-james/
Get the FREE Complete Price Action Strategy Checklist: http://www.desiretotrade.com/checklist/
Get the Day Trading Success Cheat Sheet: http://www.desiretotrade.com/day-trading-success-cheat-sheet/
Get the One-Page Trading Plan (the simple template I use for my own trading plan): http://www.desiretotrade.com/get-one-page-trading-plan
If this isn't the first podcast episode you're listening to, you certainly know how passionate I am about trading.
Sometimes, however, I like to expand my perspectives and bring guests outside the trading world on the Desire To Trade Podcast. These guests bring unique ideas based on their own field of expertise. So far, I've been greatly impressed by the advice the non-traders provided on energy & fitness.
And here's one more!
In episode 49 of the Desire To Trade Podcast, I interview Patrick James, a charisma expert who shares his best advice on crushing it in life.
The interview started with an off-topic conversation about charisma. Then, Patrick mentioned the book Psycho-Cybernetics by Maxwell Maltz.
Psycho-Cybernetics is all about self-image. According to Maltz, “you will act like the sort of person you conceive yourself to be.”
If you want to ensure you succeed in trading over the long-term, you must not only understand how to trade, but also how to manage yourself. That starts with talking to yourself positively. Affirmations are a great way to change the view you have of yourself. Another very practical advice Patrick proposes is concerns the speed of implementation.
You must decide to take control of your self image, and then decide what you want it to be.
What's covered in this episode?
- What is charisma & why it's important for traders
- The impact of self-image & how to improve your self-image
- How to talk to yourself and empower you to succeed
- The habits that can help you succeed
- How to use the speed of implementation
- How to act like the person you want to become
- How to deal with people who don't support you
- And much more!
Show notes: www.desiretotrade.com/patrick-james/
Get the FREE Complete Price Action Strategy Checklist: http://www.desiretotrade.com/checklist/
Get the Day Trading Success Cheat Sheet: http://www.desiretotrade.com/day-trading-success-cheat-sheet/
Get the One-Page Trading Plan (the simple template I use for my own trading plan): http://www.desiretotrade.com/get-one-page-trading-plan
Previous Episode
048: A Futures Trader Who Dropped Out of School w/ Chris Claflin
Chris Claflin: A Futures Trader Who Dropped Out of School
In episode 48 of the Desire To Trade Podcast, I interview Chris Claflin, a Futures trader and the host of the new Uncharted Podcast. I strongly recommend you check out his podcast. It has a very impressive & uncommon touch to it!
Chris started to trade in College. Learning to trade wasn't an easy task while he was pursuing studies of become a dentist. Soon, however, Chris dropped out of school as he realized he could make more money trading than working in dentistry.
These days, Chris is primarily a trend trader. That means he focuses on entering in the direction of strong market trends, hoping that the trend will keep going. Several traders interviewed on the Desire To Trade Podcast adopt this trading style. What distinguishes Chris, however, is that he often looks to catch up trends within a larger trend. His trades are therefore in alignment.
Question & Cheat Sheet - Chris Claflin- How Chris got introduced to Forex trading
- The danger of Forex scams
- The basics of trend trading
- Why Chris isn't a fan or Forex and prefers futures
- Regulations, barriers to entry & more...
- What traders should focus on
-
- It's about protecting your trading capital
- And much more!
Show notes: www.desiretotrade.com/chris-claflin/
Get the FREE Complete Price Action Strategy Checklist: http://www.desiretotrade.com/checklist/
Get the One-Page Trading Plan (the simple template I use for my own trading plan): http://www.desiretotrade.com/get-one-page-trading-plan
Next Episode
050: If You Are Trading Higher Time Frames This Is Your Guy - Rob Colville
The Lazy Trader (Higher Time Frame Trading)
In episode 50 of the Desire To Trade Podcast, I interview Rob Colville, a Forex trader using a method to trade higher time frames and maximize his lifestyle. He is the man behind the site The Lazy Trader.
Rob trades exclusively on the daily and weekly time frames. He looks for several types of trades and do not care so much about trading. His goal is to have the life he desires first.
An important topic discuss during this episode is the importance of not setting your expectations too high. The #1 goal of a trader is to preserve the capital and the secondary goal is to trade. For a newer trader, the essential goal consists of not losing money. Then, overtime, it is more acceptable to aim for a certain return.
Topics Covered - The Lazy Trader- Rob's learning process
- The one book that helped Rob
- The amount of money you need to trade
- The Lazy Trader's lifestyle
- How to start trading higher time frames from scratch
- Using reward and punishments to reach your goals
- Using visualization to stay in the trading game
- And much more!
What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group!
Get a bunch of FREE trading resources and articles: http://www.desiretotrade.com/resources/
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