10 Minute Daily Reality Check

With David Wygant

Wednesday, August 29, 2018


Guest: Rande Howell

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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/.

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