.jpg)
Trading & Ascension Podcast
Welcome to the Trading Ascension podcast, your go-to source for practical tips and insights to help you achieve success in day trading. Hosted by Jason E, a focused day trader, NLP practitioner, life coach, and corporate trainer, our podcast is dedicated to helping you develop the psychology, mindset, and emotional stability needed to achieve consistent profitability in trading. With new episodes every Sunday, we cover a wide range of topics related to personal development, spiritual growth, and day trading. From time-tested strategies to science-based research, we provide you with the tools and resources needed to ascend as a human and a professional trader. Whether you're a seasoned trader or just starting out, our podcast offers thought-provoking concepts and success energy to help you evolve as a human and a professional trader. We interview the best industry-related resources and share actionable tips and paradigm-shifting wisdom to help you overcome the hurdles and achieve your trading goals. If you understand that success in trading requires improving your psychology just as much, if not more than, your trading strategy, then join the fast-growing Trading Ascension community. Tune in to our podcast, and let's ascend to success together!
Trading & Ascension Podcast
Mindset Mastery for Traders Q&A Series - Episode 2 "How can I bounce back from lost or failure?"
In this episode, host Jason E. delves into the psychology behind common hurdles faced by day traders, especially the challenge of trusting oneself again after experiencing loss or failure. Jason shares a deeply personal story of his own experience as a former athlete, where a severe injury during a football game in the early 2000s left him with a dislocated knee and multiple torn ligaments. Despite being told he would never walk unaided again, Jason defied the odds, pushing through rehab and eventually returning to sports.
Jason draws parallels between physical injuries and the mental injuries traders face after significant losses. He outlines a five-step process to help traders and individuals in other areas of life bounce back:
- Desire to Get Back on the Horse: This step involves making the decision to try again, despite the pain of past failures. It's about acknowledging the desire to return and not rushing the process.
- Rehab: Just as physical rehab helps an athlete regain strength, mental rehab is about restoring a positive mindset. This includes accepting the reality of the situation, finding joy in small tasks, and rebuilding confidence.
- Situational Improvement: After mental rehab, the next step is to make improvements in your trading environment without actually trading. This might involve organizing your tools, studying strategies, or preparing your mind and space for when you're ready to return.
- Limited Playing Time: Gradually reintroduce yourself to trading by taking very small, controlled trades, similar to an athlete slowly returning to the field after an injury. This phase is about practicing discipline and patience.
- Calling Uncle Mo (Momentum): The final step is about building momentum through consistent, small efforts. Over time, these efforts compound, leading to greater confidence and eventually a full return to form.
Jason concludes by reminding listeners that life can be brutal, but hope and gratitude are crucial for overcoming setbacks. The process of recovery is not about waiting for a big break but about slowly building momentum and preparing for success.