This is the one personality trait that tends to cause trader to fail. Learn how to avoid the same fate even if you have this trait. The post The Personality Trait That Causes Day Traders to Fail // Ep. 138 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Is the Efficient Market Hypothesis valid? We get into why it cannot be true and it's a common idea that still gets perpetuated. The post Efficient Market Hypothesis Debunked // Ep. 137 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Learn about our experience with cognitive enhancers and how it has helped, or not helped, with our trading. The post Effects of “Cognitive Enhancers” on Trading Results // Ep. 136 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Runner and Gunner are Walter's words for how trader perceive the markets. It's very important to understand which one you are. The post Are You a Runner or Gunner Trader? // Ep. 135 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Learn the importance of reprogramming the subconscious mind to overcome imposter syndrome. Change core beliefs and personality traits. The post STOP Imposter Syndrome in Trading // Ep. 134 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Importance of recording and analyzing personal beliefs and confidence in trades. Determine whether intuition is genuinely adding value. The post The DOUBTS of a Successful Trader // Ep. 133 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Develop a trading strategy that aligns with their personality. Overcome the psychological barriers that hinder the majority of traders. The post Trading Cognitive Dissonance Explained // Ep. 132 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Create a trading strategy that aligns with your core personality, and overcome the obstacles. Learn the importance of backtesting. The post Our Favorite Backtesting Software // Ep. 131 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Recognizing and accepting one's emotional triggers and stubborn behavior as foundational steps for improvement. The post Overcome Emotional Triggers in Trading // Ep. 130 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Trading can be stressful. Learn to make it less stressful by following these strategies. It might be easier than you think. The post How to Enjoy Trading and Reduce Stress // Ep. 129 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Fear prevents many traders from taking trades. Learn effective ways to overcome fear before and during trades. The post Banish Fear While Trading // Ep. 128 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

What can traders to after blowing out their entire account? These steps can help you get back on track without excessive risk. The post Trading Psychology After Losing Your ENTIRE Account // Ep. 127 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

If we had to start all over again, here's how we would approach trading psychology. This is what really matters. The post Trading Psychology for Beginners // Ep. 126 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Learning how to spot a trending and ranging market can be tricky. Get some tips on how to do it and what to look for. The post How to Identify Trending and Ranging Markets // Ep. 125 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Learn how to take a longer term approach to trading and have a more stable mindset. Trading is NOT a get rich quick activity. The post Play the Long Game as a Trader // Ep. 124 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Are there 3 components to our minds? We discuss this possibility and how it can affect trading psychology and behavior. The post 3 Parts of the Trader Mind? // Ep. 123 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Learn what successful day traders have in common. Also find out the biggest downsides of day trading and why you may not want to do it. The post Essential Knowledge for Day Traders // Ep. 122 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Loses are a part of trading, but they can be hard to be OK with. Learn how to overcome this issue and not fall into common traps. The post How to Accept Trading Losses // Ep. 121 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Some new traders think that they need more confirmation when trading a small account. Here's what our experience has taught us. The post Should You Have More Confirmation When Trading a Small Account? // Ep. 120 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Learn why the idea of being an expert trader might be overrated and what you can do instead. You don't have to be an expert to make money. The post How to Become an Expert Trader // Ep. 119 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

In This Episode How to avoid FOMO Why you should test on a long timeframe What you can learn from casinos Tips for Following Your Trading Rules The hardest thing in trading is following your trading rules. It's easy to move your stop loss, take trades that aren't part of your plan and take […] The post How to Stop Breaking Your Trading Rules // Ep.…

We break down why traders don't follow their plan and give you specific methods that will ensure that you follow your trading plan. The post The BIGGEST Reason Traders Don’t Follow Their Trading Plan // Ep. 117 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Trading in a group may seem like a good idea because you can keep each other accountable. But it rarely works. Learn why here. The post Risks of Trading in a Group // Ep. 116 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Walter talked to a hedge fund programmer and this is the type of trading strategy that the programmer told him is the easiest to code. The post The Easiest Trading Strategy to Code (According to a Hedge Fund Programmer) // Ep. 115 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

A trader wrote in and asked how to have more patience in trading. We think he might actually need something else. Learn what it is here. The post Do You Really Need More Patience in Trading? // Ep. 114 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Learn how to manage key decision points in the process of trading. Also hear a simple method of releasing psychological capital. The post Dangers at the Biggest DECISION POINTS in Trading // Ep. 113 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Learn what we think is important when trading fundamentals. This is also known as news trading. Also get the benefits and downsides. The post How to Trade Fundamentals // Ep. 112 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Learn the benefits and downsides of trying out for a prop firm. There is a specific method to passing the test, which we share here. The post How to Get Funded by a Prop Firm // Ep. 111 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Emotional trauma is often an under-examined area of trading psychology. Trauma that's affecting your trading might not be what you think. The post How Past Emotional Trauma Can Impact Your Trading // Ep. 110 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Confirmation bias can be very dangerous in trading. Everyone has it. Learn why and how to overcome your biases. The post How to Beat Confirmation Bias // Ep. 109 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

A trader asked a question about trading pullbacks in a trend and if that is a good idea. We give our opinions and what to be aware of. The post Should You Buy the Dip? // Ep. 108 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Backtesting is a tremendously valuable tool for testing a strategy and developing confidence in it. But it's very easy to do it wrong The post Avoid These Common Backtesting Mistakes // Ep. 107 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Some traders think that you don't need to backtest if another trader is already trading it successfully. We break down that faulty logic. The post Why Backtesting is Vital to Success in Trading // Ep. 106 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

We have been trading for awhile and have met many successful traders. Find out the traits of the most confident traders we have met. The post These Traders Have the Most Confidence // Ep. 105 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Walter traded a large account with a grid trading strategy. Find out how he did it, his results and what he learned. The post The Reality of Grid Trading With Big Money // Ep. 104 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

There are certain signs that we've seen over the years that tells us if someone is meant to be a trader. Learn what they are here. The post Are You Meant to be a Trader? Here’s How to Tell // Ep. 103 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Switching timeframes can change your trading strategy dramatically. Learn when we think it's a good idea to switch and when it isn't. The post Should You Switch Trading Timeframes? // Ep. 102 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

We sit down and discuss how effective Elliot Wave Theory is in real-life trading. Find out what we think works. The post Does Elliot Wave Theory Work? // Ep. 101 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

We sit down and talk about the psychology and mechanics behind the gold and silver markets. Find out what we have discovered. The post The Psychology Behind the Gold and Silver Markets // Ep. 100 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

A growth mindset is one of the requirements for learning anything, especially trading. Learn how to develop this mindset with these tips. The post Growth Mindset Tips for Traders // Ep. 99 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Learn our trading psychology checklists and why we have designed them that way. Get ideas for creating your own checklist. The post Trading Psychology Checklists We Use Before Trading // Ep. 98 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

We discuss the pros and cons of trying to increase the win rate of a trading system. Sometimes you should not try to increase the win rate. The post What if the Win Rate of My Trading System Isn’t High Enough? // Ep. 97 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

There isn't one best way to exit a trade. Learn how to figure out which method is best for your trading personality. The post What is the Best Way to Exit a Trade? // Ep. 96 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

This is the most underrated key to success in trading. Learn how to keep good records and why it's so important. The post Trading Record Keeping is the Missing Link to Success // Ep. 95 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Some people think that you have to have natural talent to be a successful trader. Others think it's work hard. Find out what we think. The post Is Success in Trading Determined by Genius or Hard Work? // Ep. 94 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Learning to be a trader is like mining for gold. You have to do your homework, pick a spot and measure your results. The post Trading is Like Mining for Gold // Ep. 93 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Prospect theory causes you to get into bad trades, while hyperbolic discounting causes you to get out of good trades too early. The post How Prospect Theory and Hyperbolic Discounting Lead to Trading Losses // Ep. 92 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

Listen in as we talk not only about personality tests that we have found useful, but we get into books and lesser known ways to find out who you are. The post Personality Tests For Traders // Ep. 91 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

We give a trader our opinions and help you understand when you should take profits early, or let your trade run its course. The post Breakeven Trader Question: How to Stop Giving Back Gains // Ep. 90 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters

We break down how talk therapy can be used to help improve trading performance and when this type of therapy may not help you. The post How to Use Talk Therapy to Take Your Trading to the Next Level // Ep. 89 appeared first on Think Profit Podcast.By Hugh Kimura & Walter Peters