The Mental Game of Trading with Jared Tendler - Part 2
We all want to be confident traders. But there is a huge difference between confidence and competence. In part two of our series with Mental Game Coach Jared Tendler, we’re talking about how confidence in and of itself should not be your goal.
Jared walks us through the Dunning Kruger Effect (think American Idol contestants who have no idea how bad they are) and shares how to avoid this pitfall. Jack and Dan also make some truly terrible predictions for the Master’s and round things out with tips on how to trade during market slowdowns, especially in the summer. Take a listen.
Limit Up! is a podcast brought to you by Topstep about trading, trading psychology, trading life, and pretty much whatever else the wonderful world of markets has to offer. It’s hosted by two former professional traders, Jack and Dan, who still dabble in futures, forex, options, political betting—they basically love to follow the action. They’ll teach you how to trade, but more importantly, how to develop the habits that make traders good. Risk Disclosure: https://www.topstep.com/risk-disclosure/
Topstep is the premiere funding opportunity for traders looking to make the most of market opportunities without risking their own capital. When traders pass the completely-objective Trading Combine®, Topstep funds them with proprietary money. Guaranteed. Beyond funding, we seek to instill better habits in our traders (hence the Limit Up! Podcast and other educational resources). Topstep has been based in Chicago since 2012.
Jack Pelzer is a co-host of Limit Up! He traded as part of a U.S. Treasury group for 7 years at Chopper Trading and DRW. After leaving the industry, he became a Writing Fellow and Senior Contributing Writer for The Onion. He is now the Head of Content at Topstep.
Dan Hodgman is a co-host of Limit Up! Prior to coming to Topstep Dan traded 30 Yr Treasury Options and Yield Spreads. Before that, he served in the United States Marine Corps where he simultaneously managed his own Futures Account applying the skills he grew up learning from clerking on the trading floor. Now Dan works with the Traders here at Topstep as a Performance Coach as well as being a regular on the Daily Market Recap.
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