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#7 FX Trader Mark Hutchinson Interview : Growth Mindset in Action

#7 FX Trader Mark Hutchinson Interview : Growth Mindset in Action

FromThe AlphaMind Podcast


#7 FX Trader Mark Hutchinson Interview : Growth Mindset in Action

FromThe AlphaMind Podcast

ratings:
Length:
67 minutes
Released:
Jul 20, 2019
Format:
Podcast episode

Description

Mark Hutchinson is an outstanding FX Trader who has achieved great success over the past few years.  In this excellent interview, Mark shares his journey into trading with AlphaMind co-hosts Steven Goldstein and Mark Randall.Mark talks about the struggle of the early years, the trial and error processes, his dyslexia, and the learning process he went through over 4 ½ years before finally starting to succeed.Mark’s passion for trading shines through in this interview, a passion he has also turned into a very successful mentoring and training business, Falcon FX, with over a thousand members across the world. This interview is a great discussion on topics to vital to trading success, including: The importance of having a great process. Minimising the impact of money and how money creates limiting beliefs.The importance of forecasting and scenario planning around these forecasts.How Mark's engineering background and mindset support his trading. The role of randomness in trading and managing within sequential randomness. Walking away from bad situations and resetting.  Characteristic of those who become successful.The importance of having the right mindset.The error of rushing to make money too quickly.How ego can kill performance. Learning to see trading as a probability game. How Growth Mindset plays out in trading. The importance of Self-Management. Dealing with losses and setback. Retail trading versus institutional trading, and analyst v trader. Developing a bulletproof mindset.The role of the subconscious in trading. Powering Performance in Global Markets AlphaMind brings powerful change, growth and development to people and businesses within global markets. Driven by a deep understanding of how markets work, and how people and businesses function within them, we partner with clients to create personal performance improvements that elevate returns across their trading activities.Go to the AlphaMind website to know more.
Released:
Jul 20, 2019
Format:
Podcast episode

Titles in the series (100)

Mastering trading is not about mastering markets but mastering yourself. The AlphaMind Podcast focuses on the 'Trader Self'. We look at the person doing the trading, their interactions with the market, the impact the market has on them, and the skills, actions and activities needed to navigate their way through the complex and uncertain terrain of financial, commodity, energy and crypto markets.