In this episode of our podcast, we dive into the fascinating world of neuroscience and explore how it relates to being a successful trader.
Our special guest, Amie Baker, shares her insights and knowledge on how understanding the brain can help traders make better decisions in the markets.
Listen as Louise and Amie discuss the different money stories that are involved in decision-making and how emotions can impact our ability to make rational decisions when trading.
Together Amie and Louise share practical tips on how traders can regulate their emotions and improve their decision-making abilities, based on neuroscience research.
They also explore specific exercises that can help traders reduce stress and improve focus, which is essential for success in the fast-paced world of trading.
Join us as we explore the fascinating intersection of neuroscience and trading and learn how you can improve your trading performance by understanding and optimizing your brain function.
The Stats
Although studies show that women tend to outperform men in investing, only 26% of women in the US invest in the stock market, and only 9% believe they are better investors than men.
This lack of confidence is concerning, especially considering that women in the US and Canada feel less financially stable than men. However, evidence suggests that women’s investments have performed better than those managed by men, even during times of market drawdowns.
Additionally, female fund managers tend to take less risk than their male counterparts during times of stress while achieving similar levels of performance.
About Amie Baker
Amie is a Money Mindset Coach, a podcaster, and a coach to financial advisers (teaching them the ways of Money Mindset Coaching). Amie Baker is the founder of the Centsability podcast and a financial coach who specializes in helping individuals and couples navigate their financial challenges. She is also a speaker and a writer on personal finance topics.
Amie says: “I help women uncover the financial jargon so they can confidently take charge of their money. I help them release the fear of the unknown and be empowered to take charge of their financial future pathing their way to financial independence.
I am passionate about helping women. I want to see more women be open to the conversation of money, I want to see them ask for more, desire more and create more… without guilt, without shame. I want to see more women take charge, invest and diminish the gender wealth gap.”
Contact Amie
Website: https://centsability.net.au/
Facebook: www.facebook.com/Centsable.Amie
Insta: www.instagram.com/centsable_amie
Twitter: www.twitter.com/centsable_amie
LinkedIn: www.linkedin.com/in/amie-baker-10975828
Youtube: www.youtube.com/channel/UCxQC5qjxzOwCDKAbiRS_bpg
About Louise Bedford
Louise Bedford is a highly accomplished and experienced trader, educator, and author, with over 30 years of experience in the financial markets.
She is the co-founder of The Trading Game, and is known for her unique approach to teaching trading psychology and market analysis.
Louise has authored several successful trading books, including Trading Secrets, Charting Secrets, and The Secret of Candlestick Charting. She is also a regular contributor to Ausbiz, the Your Trading Edge magazine, and is the host of the Master Your Trading Mind Hub at IG Markets Australia.
To get in touch with Louise
Facebook: https://www.facebook.com/TradingGame/
Twitter: https://twitter.com/TheTradingGame
LinkedIn: https://au.linkedin.com/in/louise-bedford/
Youtube: https://www.youtube.com/tradinggame
Photo by Skye Studios on Unsplash
