Episode Details

Developing A Winning Trader Mindset

In episode 375 of the Desire To Trade Podcast, Etienne sits down with Pat Bailouni to discuss trading mindset and how to develop a winning trader mindset.

Watch the video interview!

In This Episode, You'll Learn...

• 0:15 Introduction
• 0:41 Pat Bailouni shares how he started trading
• 3:00 His journey on studying the human brain to become a better trader
• 4:02 Most helpful changes to become a profitable trader
• 4:40 Strategy for consistency in the market
• 6:05 Current trading focus
• 7:45 Trading mindset
• 8:35 Two types of decisions - Outcome-based decision
• 9:25 Process-based decision
• 10:53 Building self-awareness
• 11:22 Two ways to continue making process-based decisions in trading
• 16:38 How to fix your mindset when you're losing
• 18:40 How to handle losses when trading prop firm accounts
• 19:45 Risk-management protocol, protecitng your psychology
• 21:32 Going back to normal risk levels
• 23:58 Best practices in prof firm trading
• 24:13 Connect with Pat Bailouini and learn more about his work
• And much more!

What is one thing you are going to implement after listening to this podcast? Leave a comment below, or join me in the Facebook group!

Desire To Trade's Top Resources

• DesireToTRADE Forex Trader Community (free group!)
• Complete Price Action Strategy Checklist
• One-Page Trading Plan (free template)
• Recommended brokers:
  • EightCap (preferred Crypto and FX Broker)
  • AxiTrader (use our link to g