Trading psychology: establishing a trading mindset in volatile times
With the recent uptick in market volatility, how is it best to prepare your mindset to avoid the usual pitfalls? Most of us recoil to our basic instincts when we are under extreme pressure, and when money is at stake they often take over.
In this episode, we are joined by Ron William, performance coach at InteniChi, who talks about the trading mindset in the times of volatility. William mentions VUCA, a mnemonic from the Cold War that means Volatility Uncertainty Complexity and Ambiguity. He explains how the concept can be applied in developing a trading mindset.
Any opinions, news, research, analysis or other information does not constitute investment or trading advice.
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