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IG Academy - Learn at your own pace
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Get expert advice on how developing metacognition can help you become better at trading. Discover if passion can push us to overcome excuses and pursue our trading goals.
Introduction
Our brains develop ruts, which are well-worn neural pathways that develop over time as our brains make associations. These help you make decisions more quickly and with less effort.
However, there are risks associated with this. If your past influences have been less than optimal, sometimes this can impact your effectiveness as a trader.
That's why I'm about to interview Rik Schnabel. Rik is known as the ‘brain untrainer’ and the bestselling author of multiple books based on his extensive neuro-linguistic programming experience. We're going to discuss ways you can untrain your brain and how you can get yourself out of a neural rut.
Rik Schnabel…
Questionnaire
- Do you think it is possible to untrain your brain?
- Is IQ a determinant of success?
- Do you think that purpose and momentum are success determinants?
- How important do you think it is for traders to think about their own thinking using metacognition?
- Can you discuss the attitude of scarcity and how it can impact traders?
- How do you not get intimidated by the success of others?
- Have you got any other last-minute advice for our traders?
Reading time: 27 minutes
Trading level: Beginner
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