Trading by Using Neuro-Linguistic Programming

Focus: TRADING

Rob Booker Image Rob Booker Author, Man Vs. Market: Lessons from Trading on the Road

In this edition of the podcast, Rob Booker interviews 14-year veteran trader Scott Hines of Australia, who uses neuro-linguistic programming (or NLP), which helps to influence one’s emotional and psychological state, or assists in replacing negative behaviors with more positive ones. They discuss specific uses for NLP, such as where a trader struggles with fear every time a trade goes into profit. Scott also discusses the concept of “anchors,” which are physical or sensory inputs that act as a catalyst for an automatic or instinctive reaction—or in other words—something that serves as a trigger for making a person feel or behave a certain way (and this can be positive or negative).

 
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