This episode's guest is Mental game Coach Jared Tendler. Jared is the author of a new book, “The Mental Game of Trading”.
Jared has worked as a mental game coach with golfers and poker players and has written extensively about the mental game of poker.
The mental aspect of trading is probably the hardest and most challenging part of trading to manage and overcome. You can be strong technically, and may posses a great process or system, but it is the mental side which often causes the most frustration for traders. This is not dissimilar to what happens in sport and gaming; hence is why we were so keen to talk to Jared, who has made dealing with this aspect so central to his work.
Jared talks about the blindspots people have in seeing the mental challenges and problems they face. He say they then then compound this error by trying to fix their costly and recurring trading habits by trying to improve their technical skills, when the the real root of these mistakes reside within each person at a psychological level.
Other issues Jared talks about include:
- Issues around choking, which is common to all areas of high performance.
- The importance of getting 'In The Zone'.
- How Jared’s approach, as featured in his book, seeks to bridge the gap from knowledge of psychological issues to helping people make transformations.
- Many other areas of the mental game which will fascinating to people involved in and curious about trading and investment roles.
Links to Jared and his new book:
Book: The Mental Game of Trading: A System for Solving Problems with Greed, Fear, Anger, Confidence, and Discipline