Breaking the Trader Cycle of Self-Sabotage (Part 2)
Mind Over Markets - Podcast tekijän mukaan George Papazov
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In this episode of our series on self-sabotage in human psychology, we delve deeper into the subconscious and conscious behaviors that undermine our success, happiness, and well-being. Following the previous episode's discussion on fear of success or failure, low self-esteem, negative self-talk, and comfort zones, we explore four more critical aspects of self-sabotage. 5. Unresolved Trauma or Past Experiences We discuss how past traumas or negative experiences can create patterns that lead to self-sabotage. Whether it's witnessing failures in our immediate environment or experiencing personal setbacks, these experiences can instill a subconscious fear of success as a protective mechanism. We explore conscious manifestations of these traumas, such as repeated failures in personal endeavors and the impact on one's self-esteem. 6. Perfectionism Perfectionism is often not seen as self-sabotage, yet it can significantly hinder progress. We cover how high self-imposed standards and fear of imperfection can lead to procrastination and self-criticism. The subconscious roots often trace back to early life pressures from parents or guardians, emphasizing the pursuit of excellence to the point of causing anxiety and avoidance behaviors. 7. Lack of Self-Awareness This segment discusses how a lack of self-awareness can perpetuate self-sabotage. We examine how individuals may surround themselves with similar-minded people, avoid confronting differing viewpoints, and fail to recognize their destructive patterns. We also touch on the role of past trauma in diminishing self-awareness and how individuals can begin to reclaim control by addressing their subconscious beliefs. 8. Difficulty with Delayed Gratification Lastly, we explore the tendency to favor immediate gratification over long-term rewards, a significant challenge particularly highlighted in the context of trading. This part discusses how a fear of missing out and a scarcity mindset can lead to poor decision-making and ultimately, self-sabotage in both personal and professional contexts. Exercise & Resources The episode concludes with a practical exercise aimed at identifying personal self-sabotaging behaviors. Listeners are encouraged to use pen and paper to jot down immediate thoughts related to each discussed point, promoting self-reflection and awareness. Additionally, we highlight our NLP course available on our membership platform, which includes specific exercises to address the roots of self-sabotage and foster lasting change. For those looking to deepen their understanding of trading psychology, the first eight episodes of this podcast are recommended as they provide a comprehensive guide to navigating and overcoming psychological barriers in trading. Call to Action Listeners are encouraged to commit to regular self-reflection and to consider professional support, such as therapy or coaching, to effectively address and overcome the patterns of self-sabotage. Checkout the TRADEPRO FREE Futures Trading Course here Enjoying this podcast? We’d appreciate it if you can drop us a rating and review on iTunes here Leave me a message or your question on Speakpipe here Connect with our community online: Trade Pro Academy Catch up with our earlier episodes: Mind Over Markets Podcast Join our FREE trading room here Follow me on Instagram here and on Twitter here