Your Inner Trader is a **** — How Self Talk Destroys Your Trading

A big part of trading is a mental game, but the chances are your mind is working against you.

You might have hoped your inner voice would be on your side during the ups and downs in the markets. Guiding you, providing mental clarity and helping you navigate the uncertainty. But in reality, it’s probably filling your head with negative self-talk, distracting you during big decisions and convincing you you’re nothing more than a worthless gambler.

Luckily I have some good news for you.

There are things you can do to not only stop that negative inner voice but to actually take control of it and turn it in your favour. In this article, you’ll get started with that process by first understanding how negative self-talk affects your trading.

What Is Inner Talk?

Despite all the great advice that we should be living life in the present, this isn’t something we’re biologically built to do.

Of course, it’s a good idea to be more present, but unfortunately, that’s not our brain’s default state. Naturally, when our brains are unengaged we revert to thinking about the past and the future.

On average, we spend about 30–50% of our daily awake time in this default state and a lot of…