10 Minute Daily Reality Check
With David Wygant
Guest Rande Howell is here to do some reality talk with us that’s a bit of a follow up from yesterday’s podcast.
I had a realization today about myself- women have always been my drug of choice, and I have bounced from one to the next my entire life because I have “shiny object syndrome”.
This also happens with my trading.
At the end of the day, I review all the stocks I’ve picked throughout the day the same way I used to review women I would see at night clubs.
And whenever I go back to see my stocks from any day, I manage to still kill it every single time. Am I activating my instincts?
Rande thinks it’s a “lust” instinct, and “lust is a very powerful emotion”, that’s it’s survival. It’s the evolution of a Trader.
Do we train our brains to provoke discipline and partiality? We follow our rules, sometimes they’re right, sometimes they’re not.
Can we play under conditions of uncertainty?
Take a listen and check out Rande Howell’s website http://www.mytradersstateofmind.com/.