Understanding Greed - Ft. Andrew and Bear Goes Long

This week Bear Goes Long and Andrew join in to explore the theme of greed in trading and how it can influence decision-making. They start off sharing some recent experiences with dealing with greed before expanding the discussion to emotional responses in general. Andrew emphasizes the value of self-reflection, documenting experiences, and finding a systematic process that aligns with one's intentions. The conversation explores the concepts of intuition and impulse in trading. Intuition is described as a whisper that requires internal stillness to hear, while impulse is the strong urge to take action, stressing the importance of quieting the mind to differentiate between the two. They also talk about the morning routine and mindset that helps them make better trading decisions. Andrew also explains the need to normalize the daily loss limit and how it can differentiate successful traders from those who struggle and gives us the blueprint for becoming the trader we want to be.Sponsors and FriendsOur podcast is sponsored by Sue Maki at Fairway Independent Mortgage (MLS# 206048). Licensed in 38 states, if you need anything mortgage-related, reach out to her at [email protected] or give her a call at (520) 977-7904. Tell her 2 Bulls sent you to get the best rates available!For anyone trading futures, check out Vantatrading.com. Founded by Mr. W Banks and Baba Yaga, they provide a ton of educational content with the focus of teaching aspiring traders how to build a repeatable, profitable process. You can find our exclusive affiliate link/discount code for Vanta ‘s subscription in our free discord server as well!If you are interested in signing up with TRADEPRO Academy, you can use our affiliate link here. We receive compensation for any purchases made when using this link, so it's a great way to support the show and learn at the same time! **Join our Discord for a link and code to save 10%**To contact us, you can email us directly at [email protected] Be sure to follow us on Facebook, Twitter, or Discord to get updated when new content is posted! Check out our directory for other amazing interviews we've done in the past!If you like our show, please let us know by rating and subscribing on your platform of choice!If you like our show and hate social media, then please tell all your friends!If you have no friends and hate social media and you just want to give us money for advertising to help you find more friends, then you can donate to support the show here!About Andrew:Andrew is primarily an intra-day futures trader focused on ES and NQ. Coming from a career in creative work and a background in extreme endurance sports, Andrew found markets to be the perfect combination of technical attention to detail and mental resolve.At Long Winter Trading Company, we believe that trading is hard.That’s what we love about it. Trading is perhaps the most difficult career path a person can take. They must face the unknown each day and do it with their own capital with countless variables at play. We don’t expect trading to come easy. We don’t expect trading to allow you to remain in your current state. We do expect that, when mastered, trading can provide both a lifestyle and knowledge of self that is well beyond the normal person.Thoughtful creative expression has a way of changing a person. This site is simply a mechanism for self-change and the pursuit of that which has value.Long Winter Trading Co.Follow Andrew on TwitterAbout Bear:Bear made the transition from investing to trading at the beginning of COVID. After initial success with options, he quickly learned that his luck was greater than his skill and shifted his focus to futures. Bear has fully embraced the role of emotions and mental capital with the mindset that trading futures is purely an internal struggle that rewards patience, calm, bravery, focus, passion, and commitment. Beyond markets Bear finds joy in his community as a volunteer firefighter and EMT.Follow Bear on TwitterAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy