In this episode of Talking Trading, we take a thrilling Top Gun journey into the world of trading and aviation.
Renowned for his career as an aviator flying FA-18s, the legendary Whiz Buckley shares exhilarating stories from the cockpit that have shaped his trading philosophy.
But this episode goes beyond the clouds and into uncharted territory as we delve into the fascinating realm of psychedelics.
Whiz Buckley, a true maverick, opens up about his unconventional approach to performance improvement and helping first responders and military personnel with their health and trauma recovery, where psychedelics can play a pivotal role.
From soaring at supersonic speeds to unlocking the power of the mind, this episode is a rollercoaster of insights and inspiration. Strap in and prepare for a podcast experience like no other.
Research discussed in this episode
1)
In her research, Kelly McGonigal, a health psychologist at Stanford University, presents a fascinating perspective on stress. Like many other researchers, her primary aim was helping people avoid stress, however, she came across research that flipped these initial ideas on their head.
Contrary to popular belief, she suggests that in certain circumstances, stress can have a positive effect on your health. A 2010 study found that the small portion of Americans who viewed stress as positive had a 43% lower chance of premature death compared to those who saw stress as destructive.
McGonigal found that when individuals learn how to assess stress as a challenge, rather than a threat, it can be a stimulus for growth. This can be traced right back to the neurotransmitter level.
So if you reframe your nervous feelings as feelings of excitement, it can lead to several benefits. Embracing stress increases resilience. By facing and overcoming challenging situations, we develop the ability to bounce back stronger and more resilient than before.
By embracing stress, we can enhance our cardiovascular health, increase resilience, promote longevity, and foster meaningful social connections. So, let’s welcome stress as a valuable tool for personal growth and well-being.
2)
Researchers have uncovered three powerful characteristics of inspiration: evocation, transcendence, and approach motivation. It’s like a lightning bolt from outside yourself, lifting you beyond the ordinary and flooding you with vivid and concrete awareness.
It lights a fire under your trading aspirations, urging you to take action and believe in your ability to achieve greatness.
Questions we address in this episode:
- How do you recover from such a high-pressure environment and settle into everyday life?
- How do you calm down after landing on something effectively the size of a football field in the middle of the ocean?
- How do you recover from screwing it up?
- Do you feel you enter a flow state while you’re flying and landing?
- Did you do survival training in the desert? Tell me about that.
- How do you ignore noise and focus on the target?
- What about target lock? Apparently, 11% of skydiving fatalities are due to parachutists failing to pull the emergency chute. Has target lock been a problem for you?
- I was told once: “The secret of a good SAS soldier is making the right decision based on incomplete information”. This is exactly what happens with traders. How do you live with uncertainty?
- What’s the importance of practice? Are simulations the same as when you’re executing that manoeuvre in real life?
- What’s the importance of following checklists?
- Do you feel that the transition into civilian life was difficult because your purpose was no longer as clearly defined?
- I’m very curious about transcendental experiences. Can you tell me how this has impacted you?
About Matthew ‘Whiz’ Buckley
Whiz is a decorated Navy Top Gun FA-18 pilot. He flew 44 combat missions but found his transition out of the military to be extremely challenging.
Then he discovered his mission – to end suicide in our veteran and first responder communities by treating PTSD, depression and anxiety through alternative forms of medicine.
Stay in touch with Whiz
Whiz is the founder of No Fallen Heroes: nofallenheroesfoundation.org/documentary/
Not only does he do so much with ‘giving back’ but he also does so with trading educational services such as: topgunoptions.com
LinkedIn: linkedin.com/in/ematthewbuckley/
IG personal: instagram.com/official_whizbuckley
IG NFH: instagram.com/nofallenheroes
X/Twitter personal: twitter.com/TopGunOptionsHQ
X/Twitter NFH: twitter.com/NoFallenHeroes
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.
She and her business partner, Chris Tate, have been running their repeat-for-free Mentor Program for the past 23 years. They provide simple techniques that you can implement straight away, and valuable resources to enhance your trading so you can maximise your profit potential.
The Trading Game Mentor Program is a 6-month, repeat-for-free course, that has been running since the Year 2000.
If you’re curious about whether this is your next step, then you need to register for Priority Notification, so you can learn more, and get a heap of free trading resources.
To get in touch with Louise
Facebook: https://www.facebook.com/TradingGame/
X/Twitter: https://twitter.com/TheTradingGame
LinkedIn: https://linkedin.com/in/louise-bedford/
Youtube: https://www.youtube.com/tradinggame
Photo by Matteo Tiso on Unsplash
