Mindset and Trading Psychology with Rich Friesen

<p>A big issue for many traders right now is deciding whether to cash in on the opportunity inherent in the current market, or to be more conservative and sit this one out. If you’ve been wondering about the psychology of trading and how that plays into current decision making, Rich Friesen of Mind Muscles for Traders is here with a host of techniques to help you keep your head on straight.</p><p>Rich shared with us why it’s imperative to drop down to your core strengths and retrain your brain to encourage good habits. There’s a lot in this episode that is applicable to your personal life as well as your trading life so be sure to take some notes!</p><ul><li>[00:15] - This week: Richard Friesen</li><li>[03:55] - Market Reaction</li><li>[06:22] - Interview with Richard Friesen</li><li>[07:14] - Rapid changes and shifts</li><li>[15:20] - Creating new habits</li><li>[19:22] - Mental games</li><li>[24:55] - Market mood</li><li>[31:02] - Experimenting in the new paradigm</li><li>[36:19] - The Golden Keys</li><li>[42:06] - Creating vision</li><li>[47:13] - Comfort in the struggle</li></ul><br/><p><a href="https://mindmusclesfortraders.com/" rel="noopener noreferrer" target="_blank">Rich Friesen</a> works with financial professionals, independent traders, business leaders and entrepreneurs who want to expand their mental game to make more consistent profits. With in depth experience as a broker, floor trader, financial software developer and entrepreneur, he brings concrete real world experience to his clients.</p><p>Rich founded Trade Management LLC, one of the most consistently profitable options and equity trading firms on the floor of the PSE. He created a way to visualize option values that enabled his floor traders to instantly execute trading opportunities.</p><p>Rich holds a B.A. in Philosophy, a Masters Degree in Clinical Psychology and is a graduate of the Gestalt Institute in San Francisco along with Master’s certification in Neuro Linguistic Programming (NLP). His background in psychology has been instrument