Steven Goldstein
@AlphaMind101
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Author of 'Mastering the Mental Game of Trading'. Order at: https://t.co/qgH2nVF36z'. Trading Performance Coach, Co-Host of the AlphaMind Podcast Gooner 🔴⚪️
London, UK.
Joined March 2012
The real quality it takes to succeed at trading may surprise you (A long thread) Having coached many great traders I have gained a deep insight into what it takes to be a great performer in the trading world. Last year, one client was named HFM Asian Hedge Fund Manager 1/32
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Trading is what is known as a ‘Wicked Problem’ that most people mistakenly think is a ‘Tame Problem’, easy to solve. A tame problem is a relatively simple problem. Trading appears like this when you aren’t in it. Wicked problems, are complex problems, difficult to fully understand, let alone resolve due to their complex and dynamic nature. From the outside it can seem easy. You just buy ‘low’, you sell ‘high’ - Simple eh!!!! It’s when you get into it that starts becoming more complex. When is low? What happens when that turns out not to be the low? How much lower could it go? When is high? When do you commit? How much do you commit? When should you enter? When do you exit? When you throw the towel in on an idea? How do you form an idea? How you do you deal with misleading information. How do you know how much is discounted. How do you know how far it’ll move? Is it a correction or a direction change? Should you close, hold, double, flip? Why isn’t it doing why it did last time? Why does it always do what I think it’ll do when I’m not involved? Why does it never do what I think it’ll do when am not involved? Why can’t I buy a winning trade? These are some of the more simple questions Trading is indeed ‘wicked’
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Our latest AlphaMind Podcast dropped yesterday🎙️ #141 Mark Randall: Understanding Trading Intelligence: Exploring the Key Intelligences That Drive Success We explore the various forms of intelligence that traders leverage to navigate the complexities of the financial markets. @AlphaMind102 Podcast: YouTube:
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Letting-Go of the 'need to be right' is the great liberator of trading.
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🎙️New AlphaMind Podcast Episode🎙️ #141 Mark Randall: Understanding Trading Intelligence: Exploring the Key Intelligences That Drive Success 🚀 Join us as we explore the various forms of intelligence that traders leverage to navigate the complexities of the financial markets. From analytical intelligence, Podcast: YouTube:
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The UK’s our new Health minister I kid you not🦙
Very encouraging to learn that Britain’s new health minister Ashley Dalton believes people can self-ID as llamas and should be treated with ‘respect and dignity’ when they do. Oh, and that she wants gendered toilets banned, and thinks women can have penises. FFS. 🤦
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RT @TradingComposur: The majority of traders don't even care about Lambos, mansions, and yachts. They just want to pay their bills, save a…
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for our ‘High Performance Trader Learning Programme’ which starts in March, and runs through 10 live interactive sessions over 10 weeks, which goes deep into themes such as this. Details at this link, (scroll down to the relevant programme): 25/25
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