Wednesday, 1 March 2023

AlphaMind Podcast #106 Simon Mundie: Developing Psychological Flexibility


The world of sports and high-performance offer so many great metaphors and analogies for trading, where the mind, and the noises in our head, can become the blocker to the potential people possess.

In this episode we talk with Simon Mundie, a leading sports journalist, radio and tv broadcaster, author, and coach. Simon hosted a superb podcast featured on the BBC, which looks at the lessons people can learn from the world of sports and high performance. On the podcast, Simon has interviewed top athletes, tennis greats, Olympic champions, coaches, and outstanding performers from across the world of elite sports. Simon shares his thought about how elite performers deal with the pressure which enables them to excel in key moments. He tells us about how high performers manage to develop the psychological flexibility to master the uncomfortable feelings, which are part of our human nature, and which have the propensity to disrupt their flow. A key skill Simon talks about, is how people can channel their anxiety and fear, which is part of dealing with uncertainty of high performance, by accepting these feelings, welcoming them, and making space for them. This fascinating chat explores a whole range of issues, from developing presence, getting into flow states, dealing with ego, letting-go, and focusing on process rather than being owned by the outcome. You can find out more about Simon and his podcasts at https://www.simonmundie.com/

🎧 Audio
📺 Video 

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 AlphaMind Podcast Sponsoring Partner

The Society of Technical Analysts provides world beating technical analysis education programmes and offer outstanding membership services with regular talks and meetings. Their Home Study Course is based on the Diploma Programme they deliver at the London School of Economics and has been created by many of the leading minds in the field of technical analysis. 

AlphaMind Podcast listeners can obtain a GBP100 (7%) discount on the Society of Technical Analysts world-beating Home Study Course at this link.

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Thursday, 16 February 2023

AlphaMind Podcast #105 Jacob Holm: The Evolution of a Trader


It is rare that you get the chance to interview a trader still in their early years, and still going through the learning process, but that is what we had a chance to do in this episode of the AlphaMind Podcast. 

We explored the evolution of a trader with Jacob Holm, a young trader from Denmark, still going through the relative early stages of his trading career. 

Jacob discovered a passion for trading, in his mid-teens. He has since dived into trading with gusto, learning the basics of trading, developing his trading skills, learning technical analysis, developing systematic trading capabilities, reading influential writers on trading, in particular the works of Mark Douglas. 

In addition, Jacob worked on developing himself, learning and applying stoic attitudes, gaining a sense of how markets work and how to best work with them, and coming to terms with how uncertainty is part of the structure of markets.

This is a terrific interview which gets into the early-stage development of a trader, however, it will be of interest to traders at all levels, as they reflect on their own journey, and perhaps considers some of the ways they could have done it differently, in ways which are still impacting how they work. 

Jacob, and his colleague at Statera Trading, also design and build automated trading EAs that perform various actions on the Meta stock trading platform, that other traders can subscribe too. 

You can find out more about Jacob, and his business Statera Trading at these links: 

Website: stateratrading.com
Instagram: Instagram
YouTube: YouTube
Facebook: Facebook 

🎧 Audio
📺 Video

____________________________________________________________________

 AlphaMind Podcast Sponsoring Partner

The Society of Technical Analysts provides world beating technical analysis education programmes and offer outstanding membership services with regular talks and meetings. Their Home Study Course is based on the Diploma Programme they deliver at the London School of Economics and has been created by many of the leading minds in the field of technical analysis. 

AlphaMind Podcast listeners can obtain a 10% discount on the Society of Technical Analysts world-beating Home Study Course at this link.

Newsletter

Subscribe here

Tuesday, 31 January 2023

#103 Mark & Steve: Working With Your Ego

 

Trading legend Marty Schwartz aka Pitbull said, "the most important change in my trading career occurred when I learned to divorce my ego from the trade."

The ego gets a bad wrap in trading, often seen as the enemy. But is this the right way to look at it? 

The ego is very much part of us, part of who we are, part of our nature, our soul. How can it be the enemy? That makes us the enemy.  And yet, often it feels like it is, with its ability to act in ways which are malicious and malign.

Learning to understand your ego, and how it works, may be a more productive way forward than trying to ignore it, or shut it down.

In this episode, we explore the ego, its impact on you and your trading, and how better to understand it, and work with it, rather than to fight yourself, with all the mental and physical costs that entails. 

🎧 Audio: Listen Here
📺 YouTube: Listen Here

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 AlphaMind Podcast Sponsoring Partners



TradeStation Global is a multi-asset trading platform with access to international markets. Trade Stocks, Forex, Futures and Micro e-Mini Futures from one account. Leverage professional-grade tools like RadarScreen®, The Matrix, and EasyLanguage® an intuitive coding language for traders.

With TradeStation Global there are no hidden price spreads - just transparent, low commissions. Click here to find out more and open an account.

TradeStation International Ltd, authorized and regulated by the Financial Conduct Authority (“FCA”) in the United Kingdom, acts as an Introducing Broker to Interactive Brokers (U.K.) Ltd. The firm does not provide investment advice or trading recommendations. Investment and trading involve risks, including possible loss of principal. 

TradeStation®, EasyLanguage® and the other company trademarks in the TradeStation platform are owned by TradeStation Technologies, Inc., a technology research and development company affiliated with TradeStation International Ltd. At present, the TradeStation Global product is not available to EU residents.

The Society of Technical Analysts provides world beating technical analysis education programmes and offer outstanding membership services with regular talks and meetings. Their Home Study Course is based on the Diploma Programme they deliver at the London School of Economics and has been created by many of the leading minds in the field of technical analysis. 

AlphaMind Podcast listeners can obtain a 10% discount on the Society of Technical Analysts world-beating Home Study Course at this link.

Newsletter

Subscribe here

AlphaMind Podcast #104 Jonathan Baird: Macro Fundamentals and Trading


Since the introduction of the Zero Interest Rate Policies, by central banks, in the wake of the Global Financial Crises (GFC), Macro has largely taken a back seat, until last year that was when macro came screaming back.

An entire generation of traders, baptised in markets in the more than a decade since the GFC, had little or no knowledge of just how much influence macro fundamentals can bring to bear on markets. 2022 proved a rude awakening for many of them.

Macro traders position themselves to take advantage of, and react to, rate and currency moves, and market valuations, based on inflation data and central bank rate policies.

Hedge funds who rely on discretionary macro strategies saw some astonishing returns in 2022. Said Haidar’s $4.3 billion discretionary macro fund achieved close to 200%. Bluecrest Capital Management, a $30 billion fund, achieved returns of over 150%, an even greater achievement given its size. Crispin Odey’s $4 billion fund, almost matched Bluecrest, producing his best return in almost 3 decades in the business. And many other funds saw their discretionary macro traders massively outperform the market.

Macro is likely to remain a prominent a theme for markets this year and beyond, even if we don’t quite see the same degree of moves, nor the same levels of volatility, which 2022 brought.

In light of this, we invited back a friend of the AlphaMind podcast, Jonathan Baird, to explore how to use and view the macro, and how to factor it in to your market analysis, and trading or investing approach.

Jonathan is an award-winning money manager based in Canada, and author of the superb Global Investment Letter.

Jonathan often posts his thoughts on social media, you can follow Jonathan on Linkedin here, and Twitter here.

🎧 Listen here: https://bit.ly/Baird2023

📺 YouTube Audio here: https://bit.ly/Baird2023YT


____________________________________________________________________



AlphaMind Podcast Sponsoring Partners



TradeStation Global is a multi-asset trading platform with access to international markets. Trade Stocks, Forex, Futures and Micro e-Mini Futures from one account. Leverage professional-grade tools like RadarScreen®, The Matrix, and EasyLanguage® an intuitive coding language for traders.

With TradeStation Global there are no hidden price spreads - just transparent, low commissions. Click here to find out more and open an account.

TradeStation International Ltd, authorized and regulated by the Financial Conduct Authority (“FCA”) in the United Kingdom, acts as an Introducing Broker to Interactive Brokers (U.K.) Ltd. The firm does not provide investment advice or trading recommendations. Investment and trading involve risks, including possible loss of principal. 

TradeStation®, EasyLanguage® and the other company trademarks in the TradeStation platform are owned by TradeStation Technologies, Inc., a technology research and development company affiliated with TradeStation International Ltd. At present, the TradeStation Global product is not available to EU residents.

The Society of Technical Analysts provides world beating technical analysis education programmes and offer outstanding membership services with regular talks and meetings. Their Home Study Course is based on the Diploma Programme they deliver at the London School of Economics and has been created by many of the leading minds in the field of technical analysis. 

AlphaMind Podcast listeners can obtain a 10% discount on the Society of Technical Analysts world-beating Home Study Course at this link.

Newsletter

Subscribe here


Thursday, 15 December 2022

The AlphaMind Newsletter: The Real Secret to Trading Success!

The Real Secret to Trading Success!

In our latest AlphaMind Newsletter, we talk about how most traders go into trading wanting to find a system or a method that will give them immediate success, but they end up having ‘all the kit, but not a clue’.

The real secret lies within, not out there.

Read our latest AlphaMind Newsletter on the The Real Secret to Trading Success! here: https://bit.ly/3gtk0Zq

Newsletter Subscribe here


Go to this link more about AlphaMind Services and to follow the AlphaMind Podcast 

Tuesday, 13 December 2022

#102 Matt 'PAX' Kenah: A Futures Trader's Story - Part 2

 

This is the 2nd part of this deep and profound chat with former Chicago pit trader Matt PAX Kenah.

In this 2nd part Matt we discuss the painful realities of trading. Matt talks about how he had to build a trading career for a second time around after a disastrous loss of his capital, when his broker collapsed. 

We look at the steps Matt took, and the foundation blocks he built, to come back and rebuild his trading career. Matt talks about the support of his wife, his religious faith, his faith in God, and ultimately how his rebuilt his faith in himself.

Matt talks openly and frankly about the challenges of trading, and the dark places trading takes people to. We discusses the mind games he, and others, play in order to survive the mental pressures of trading, and how he takes care of himself.

We also explore the dangers of falling for the hype, and how this impacted Matt when he was 10% of the Nasdaq futures volume when ego took over, and the dangers this presents.

You can hear the interview on your preferred podcast Service at these links:



Find out more about Matt and the PAX group at https://thepaxgroup.org/
You can follow Matt on Twitter at https://twitter.com/paxtrader777

If you would like to hear part 1 of this chat, you can listen at the following links:



AlphaMind Podcast Sponsoring Partners


TradeStation Global is a multi-asset trading platform with access to international markets. Trade Stocks, Forex, Futures and Micro e-Mini Futures from one account. Leverage professional-grade tools like RadarScreen®, The Matrix, and EasyLanguage® an intuitive coding language for traders.

With TradeStation Global there are no hidden price spreads - just transparent, low commissions. Click here to find out more and open an account.

TradeStation International Ltd, authorized and regulated by the Financial Conduct Authority (“FCA”) in the United Kingdom, acts as an Introducing Broker to Interactive Brokers (U.K.) Ltd. The firm does not provide investment advice or trading recommendations. Investment and trading involve risks, including possible loss of principal. 

TradeStation®, EasyLanguage® and the other company trademarks in the TradeStation platform are owned by TradeStation Technologies, Inc., a technology research and development company affiliated with TradeStation International Ltd. At present, the TradeStation Global product is not available to EU residents.

The Society of Technical Analysts provides world beating technical analysis education programmes and offer outstanding membership services with regular talks and meetings. Their Home Study Course is based on the Diploma Programme they deliver at the London School of Economics and has been created by many of the leading minds in the field of technical analysis. 

AlphaMind Podcast listeners can obtain a 10% discount on the Society of Technical Analysts world-beating Home Study Course at this link.

Newsletter

Subscribe here

Sunday, 4 December 2022

#101 Matt 'PAX' Kenah: A Futures Trader's Story - Part 1

Matt “Pax” Kenah: The Life of a Futures Trader – Part 1

Matt “Pax” Kenah is a passionate, straight shooting, former Chicago Floor Trader who still trades and now also mentor traders. In this fascinating interview ,he shares his story, his journey and experiences, his success and mistakes, his highs and lows.

Matt opens up fully about the realities of trading, the emotional challenges, the steps he, and others, what he considers trading success to be, and what people need to do to get there.

This is a fascinating interview that goes to places, few interviews go, providing a richness and depth, of insight on the realities of what it takes to succeed at trading, that you will rarely hear. 

We have split Matt’s interview into 2 parts. In this part 1 Matt, tells his story, no holds barred. 

You can find out more about Matt and the work he does to support and mentor traders at the PAX group at https://thepaxgroup.org/

You can follow Matt on Twitter at https://twitter.com/paxtrader777

🎧 Audio: Listen Here
📺 YouTube: Listen Here

AlphaMind Podcast Sponsoring Partners


TradeStation Global is a multi-asset trading platform with access to international markets. Trade Stocks, Forex, Futures and Micro e-Mini Futures from one account. Leverage professional-grade tools like RadarScreen®, The Matrix, and EasyLanguage® an intuitive coding language for traders.

With TradeStation Global there are no hidden price spreads - just transparent, low commissions. Click here to find out more and open an account.

TradeStation International Ltd, authorized and regulated by the Financial Conduct Authority (“FCA”) in the United Kingdom, acts as an Introducing Broker to Interactive Brokers (U.K.) Ltd. The firm does not provide investment advice or trading recommendations. Investment and trading involve risks, including possible loss of principal. 

TradeStation®, EasyLanguage® and the other company trademarks in the TradeStation platform are owned by TradeStation Technologies, Inc., a technology research and development company affiliated with TradeStation International Ltd. At present, the TradeStation Global product is not available to EU residents.

The Society of Technical Analysts provides world beating technical analysis education programmes and offer outstanding membership services with regular talks and meetings. Their Home Study Course is based on the Diploma Programme they deliver at the London School of Economics and has been created by many of the leading minds in the field of technical analysis. 

AlphaMind Podcast listeners can obtain a 10% discount on the Society of Technical Analysts world-beating Home Study Course at this link.

Newsletter

Subscribe here

AlphaMind Podcast #106 Simon Mundie: Developing Psychological Flexibility

The world of sports and high-performance offer so many great metaphors and analogies for trading, where the mind, and the noises in our head...