Emotions cannot be eliminated. Instead of trying to push away strong emotions, traders need to learn what the emotion is really trying to tell you. Jared Tendler is a Mental Game Coach and expert in performance psychology. He talked to Jack and Dan on this week’s edition of Limit Up! about his latest book, The Mental Game of Trading.
Jared has successfully coached professional golfers, gamers, and poker players and now is shining a light on performance psychology. Listen to this fascinating discussion to learn how to approach emotions such as fear and greed. Come back next week for part two!
(00:59) -https://www.amazon.com/Mental-Game-Trading-Confidence-Discipline/dp/1734030917 ( The Mental Game of Trading)
(01:39) -https://help.futures.topstep.com/hc/en-us/sections/360011466274-Coach-T- ( Coach T)
(02:21) - Interview with Jared Tendler
(03:49) - The safer bet
(08:21) - Transition to trading
(10:29) - Esports experiences
(17:27) - Emotions signal the problem
(22:48) - Fear and greed
https://jaredtendler.com/ (Jared Tendler), MS, LMHC, is a leading expert in how your mental game impacts performance. His roster of clients spans 45 countries and includes independent and institutional traders, some of the top poker players in the world, a top ranked pool player, entrepreneurs, and several PGA Tour players.
The author of two highly acclaimed books, The Mental Game of Poker, and The Mental Game of Poker 2, Jared recently published his third book, The Mental Game of Trading. In addition to his writing and 1:1 coaching, Jared also previously served as the Head of Sport Psychology for the esport organization https://www.teamliquidpro.com/news/2016/09/27/wizards-warriors-and-magic-a-strategic-partnership (Team Liquid). He was a key driver of many of their championships, including The International 2017 (DOTA2), the Intel Grand Slam (Counter-Strike) and four League Championship Series titles (League of Legends).
Limit Up! is a podcast brought to you by https://www.topstep.com/?utm_source=limitup_podcast&utm_medium=cta&utm_campaign=ongoing_limitup_to_tst&utm_content=limitup_podcast (Topstep) about trading, trading psychology, trading life, and pretty much whatever else the wonderful world of markets has to offer. It’s hosted by two former professional traders, Jack and Dan, who still dabble in futures, forex, options, political betting—they basically love to follow the action. They’ll teach you how to trade, but more importantly, how to develop the habits that make traders good. Risk Disclosure: https://www.topstep.com/risk-disclosure/ (https://www.topstep.com/risk-disclosure/)
https://www.topstep.com/ (Topstep) is the premiere funding opportunity for traders looking to make the most of market opportunities without risking their own capital. When traders pass the completely-objective Trading Combine®, Topstep funds them with proprietary money. Guaranteed. Beyond funding, we seek to instill better habits in our traders (hence the Limit Up! Podcast and other educational resources). Topstep has been based in Chicago since 2012.
Jack Pelzer is a co-host of Limit Up! He traded as part of a U.S. Treasury group for 7 years at Chopper Trading and DRW. After leaving the industry, he became a Writing Fellow and Senior Contributing Writer for The Onion. He is now the Head of Content at Topstep.
Dan Hodgman is a co-host of Limit Up! Prior to coming to Topstep Dan traded 30 Yr Treasury Options and Yield Spreads. Before that, he served in the United States Marine Corps where he simultaneously managed his own Futures Account applying the skills he grew up learning from clerking on the trading floor. Now Dan works with the Traders here at Topstep as a Performance Coach as well as being a regular on the Daily Market Recap.
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