Episode notes
Aloha! We are Glenn & Reid, founders of Hawai'i Trading Academy.
As one of the 3 pillars of trading, Psychology is of the upmost importance. Resiliency, the ability to bear the worst and still come out on top, AKA mental toughness, is a trait not talked about enough when it comes to trading. Therefore, we dig a little into what resiliency is and how to develop mental toughness in challenging market conditions.
Key takeaway's from this episode:
1) Accept the market reality as is. (have a realistic approach)
2) Learn from your mistakes.
3) Find where you can improve.
4) Remind yourself of your purpose, why do you trade?
5) Have a support group/community to encourage you during tough market conditions..
Our mission: Cultivate & sustain profitable traders.