My guest today is Brett Steenbarger, a Clinical Associate Professor of Psychiatry and Behavioral Sciences at SUNY Upstate Medical University in Syracuse, NY.

The topic is Trend Following.

In this episode of Trend Following Radio we discuss:

• What a “flow state” is, and why it’s important
• How Steenbarger has seen flow connect to the trading world, and the importance of matching your level of difficulty and challenge
• Risk and risk tolerance
• The logical and psychological sides to risk
• “What have you done for me lately” attitude for investors
• Why we don’t grow if we stay within our comfort zones
• Process vs. outcome
• The psychological burden of certain fee structures
• Some of the common characteristics of successful traders
• Slow thinking, deep thinking, and fast thinking
• Where we’re headed regarding prescription drugs related to the mind
• Trend trading vs. mean reversion
• Contextualism
• Trend following vs. momentum trading
• How people actually behave vs. how they describe their behavior

Jump in!

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I’m MICHAEL COVEL, the host of TREND FOLLOWING RADIO, and I’m proud to have delivered 10+ million podcast listens since 2012. Investments, economics, psychology, politics, decision-making, human behavior, entrepreneurship and trend following are all passionately explored and debated on my show.

To start? I’d like to give you a great piece of advice you can use in your life and trading journey… cut your losses! You will find much more about that philosophy here: https://www.trendfollowing.com/trend/

You can watch a free video here: https://www.trendfollowing.com/video/

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Hope you enjoy my never-ending podcast conversation!