Trading Psychologist: Dr. David Bonanno
It’s time for another Market Mamas interview! This is a special episode for Becky because in it she gets to speak with Dr. David Bonanno, who, among other things, specializes in helping traders develop better control of their mindset and emotions so that they can more rapidly reach their fullest potential! In this episode, futures day trader Becky & Dr. Bonanno discuss the importance of mindset and emotional control in day trading, exploring Dr. Bonanno's unique approach that utilizes tried and true eye movement techniques to help day traders overcome psychological barriers. The conversation delves into the role of adrenaline in trading decisions, the significance of self-discovery, and real-life success stories from traders who have benefited from Dr. Bonanno's methods.
Within the conversation, Dr. Bonanno reviews his system that he feels is the quickest path to the ideal mindset for trading effectively, specifically answering the question: Why does trading on adrenaline lead to failure? He delves into the influence of the subconscious mind and offers key advice on what traders need for success that goes beyond just mindset. One key question that he works to address in his interventions with traders is: Why do smart people do stupid things?
The episode concludes with resources for traders looking to improve their mental game and achieve greater success in their trading endeavors. The key offering to traders are what he has titled “Discipline Downloads.” The Discipline Downloads program offers a series of online sessions that use guided eye movements to tap into your subconscious and build emotional resilience. It delivers the healing benefits of therapy—without a therapist or any of the drawbacks—bridging the gap between knowing the ideal mindset and truly embodying it for trading success. See the bottom of this blog for details!
Key Episode Takeaways:
Mindset mastery is crucial for trading success.
Adrenaline can impair logical decision-making in trading.
Dr. Bonanno's techniques help rewire the brain for better trading.
Self-discovery is key to overcoming trading challenges.
Traders often bring personal issues into their trading.
Eye movement techniques can enhance emotional control.
The subconscious mind plays a significant role in trading behavior.
Traders are motivated to change when it impacts their performance.
Real-life examples illustrate the effectiveness of psychological techniques.
Resources are available for traders to improve their mental game.
Dr. David Bonanno spent decades in the mental health field, starting in 1993, working with a variety of populations, from trauma survivors to everyday clients struggling with life's challenges. While his background isn’t in trading, he’s always been fascinated by the psychology behind it.
Traders, more than any group he’s worked with, are highly motivated to improve themselves. They recognize how powerful the right mindset can be and how investing in their personal development can lead to massive returns—10X, 100X, or even more.
Learn more about Dr. David Bonanno: https://www.disciplinedownloads.com/
Facebook: https://www.facebook.com/DoctorDavidBonanno/
TikTok: https://www.tiktok.com/@doctorbonanno?is_from_webapp=1&sender_device=pc
Instagram: https://www.instagram.com/doctorbonanno_/
YouTube: https://www.youtube.com/@traderminds3t
Access Your $50 Buddle Deal: https://www.disciplinedownloads.com/ > Click The Trader's Mind & Strategy Toolbox and put the promo code: MARKETMAMAS