In this episode of Talking Trading, Louise Bedford explores the things you can’t change about yourself, and whether this will have an impact on your trading results.
You can’t change your age, or have a lot of influence over your gender, or gain the support of your spouse if they’re not as excited about trading as you are.
You don’t have a lot of control over your personality either. All of this can create a nagging sense of doubt… so wouldn’t it be great to know whether these aspects were an impediment to your success?
I want you to prove to yourself, beyond a shadow of a doubt, that whatever your inherent traits, you’ll be able to make money in the markets.
The sharemarket is an ‘equal opportunity’ employer.
You will be rewarded in direct proportion to the effort that you expend and the skills you develop. So stop blaming your age, your IQ, your personality, or even your spouse. You, and you alone are in control of your trading results.
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
Research Links Mentioned in the Episode
Personality research – https://www.emerald.com/
IQ research – https://elibrary.ru/item.asp?id=6375808
Age research – https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3421454
Gender research – https://faculty.haas.berkeley.edu/odean/papers/gender/boyswillbeboys.pdf
For more content that is similar to this, refer to: https://www.ig.com/au/master-your-trading-mind