Using psychological fitness to achieve a positive trading mindset with Shannah Kennedy

It's essential for traders to improve their psychological fitness. Just like training a muscle to become stronger in the gym, we do the same thing with our minds.

Why? The more control you have over your mindset, the more likely you are to explore new fields and be adventurous. It increases your desire to learn. Plus, it improves your resilience.

So, you'll be less likely to quit and more likely to persevere. That's why I've invited Shannah Kennedy to chat with me today. Shannah is one of Australia's foremost strategic life coaches.

She has an incredible career in sports management, working with over 100 Olympic and elite athletes. She's the author of multiple bestselling books, including Simplify, Structure, Succeed, the Life Plan, Simple Strategies for a Meaningful Life and my personal favourite, Shine: 20 Secrets to a Happy Life.

Shannah Kennedy, welcome…

Questionnaire

• What are some of the blocks that you see that mean people aren't living their best life?
• 'One does not find oneself by pursuing it oneself, but on the contrary, by pursuing something else and learning through some discipline or routine'. What do you think of that quote and how should people apply it?
• We've got so many demands on our priorities and in the end, we fall into bed exhausted and haven't had a chance to do that future pacing. What's your advice for people who are experiencing that?
• Tell us more about journaling and how you use it.
• Why should traders keep a trading journal?
• Can elevating an individual's self-awareness and self-care help them get a better output?
• What are you more in favour of, the small step or the gigantic leap?
• What are your thoughts on complexity versus simplicity?
• What are your thoughts about burnout and how we can avoid it?
• Have you got any 'try this at home' tips for us?