284 · Sam Daghash - Rising Above a Trader’s Inner Turbulence

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Trading in the financial markets involves a risk of loss. Podcast episodes and other content produced by Chatwith Traders are for informational or educational purposes only and do not constitute trading or investment recommendations or advice. Welcome to Chat with Traders, episode 284. This is your host, Ian Cox, and I hope you've been enjoying the podcast.

We often hear that having discipline is the key to trading success. But many of us continue to struggle developing discipline and good habits for trading, no matter how hard and how long we've tried. Could there be a deeper reason for this? As fellow human traders, we are commonly faced with our own programming that we are often unaware of.

In this special episode, Sam DeGash, a professional coach and co founder of the Conscious Trading Academy, specializing in helping traders overcome mental barriers, dive into aspects of my co-host Tessa and her trading mindset. If we cannot think greater than we feel, then this would compel us to be more aware of our mental states which can sabotage our trading. I promise you this will be interesting. Let's dive right in.

Hi Sam. Hi. Lovely to connect with you again, Tessa. How are you doing? Yeah, I'm doing good. It's it's good to have you here. Would love to learn a little bit more about your background. And um and how did you get into working with traders? Sure. So um my background, I'm a master practitioner and master coach, working with various modalities in the neurotransformational tools.

So these are like tools that work with our neurology in updating our conditioning, right? So our beliefs, behaviours, our emotional regulation, everything and anything related to our mind in a in a in a summary. And we can go in deeper in the conversation shortly. And how I came about working with traders, it was a it was a coincidence. You know, I start I work initially when I started my career in this space, I was working with with a lot of

different backgrounds from all around the world, different people. And then I started coincidentally bumping into working with traders because we found like traders in Dubai is you know, we have a a big community of traders here.

And that's how where I'm based out. And initially I started working with them for other aspects of their life. And then it sort of somehow started pouring into trading. And then I started getting more inquisitive about trading and and the trading psychology aspect of it. Which allowed me to do more research and start to enable certain tools and modalities that work best for traders.

And then my journey led me to um working with traders from all around the world as I started expanding my reputation and s my people started to know m about me, traders in the space. And then I came across uh my business partner today and friend David Cabablanca through his podcast, The Friendly Bear. And then slowly but surely.

our w our obviously our relationship developed. I've worked with him personally and privately and then obviously from there it became more and more so trading that trading space is is a space where I focus on at at the moment. And from that relationship with David, we decided to initiate, as you know, the Conscious Trading Academy in in this in the trading space.

Which is combining the mindset and of course the skill set of David and and as a master seven figure trader and his great experience working with the mind. So so what's nice about the journey uh of of David in particular and myself is that we started to go deeper and more deeper in the work to see what it can actually involve. Like there were certain blocks that was happening, which I think we spoke of in a previous uh podcast.

And that just started to develop the the tools and the areas that most support and are most effective for traders. So using David and myself and combining those skill set is becoming more and more specific to traders, if that makes sense. Yeah. And Ian actually interviewed David Capablanca last year, I believe it was last year, episode 257. And yeah, he's uh he's great. You know, there's a lot of terms that are thrown around, like, you know, there's trading psychology, you know.

trading mindset and those things. I mean, can we define that?

Yeah, sure. So so in I I can I can define it in uh the best to define it is in the context of what we're doing in our space. I think what's really and fundamentally important to to remember that we are Uh n we we are beings of neurology, read. So we have experiences on our life that shape up who we are as an identity today, as a personality.

And that's made up of our past experiences, how we perceive our reality, how we perceive the world, and more more importantly, our emotional intelligence and how we react to certain things in our life. Everyone's different, right? So at the fundamental level, we have something known as our conditioning, and that's the area that I specialize in. So I want you to look at it as a an operating system of who you are today. It's a sum total of your belief. past experiences, your values.

And what you think about yourself and what you think about reality trading per se. Okay. How do you perceive yourself as a trader? What are the experiences you had in your in your journey as in trading? What are the losses? What are the you know All of it in encompasses in one. So but but most people forget, and this is a fundamental uh uh scientific truth today, is that we are unconscious beings. So ninety-five percent of who we are is habitual. We act, respond, think.

in a very unconscious way. And the moment our mind, which is the conscious mind, the five percent that is in charge of certain things, we autonomically and automatically react and respond to certain things in our life, right? And that is exactly the same aspect and exactly the same m formula that applies to trading as well, right? So when certain things happens in our trading, we react based on the meaning we're giving that experience.

And my role is to change that neurologically speaking. So I go in the depth of the unconscious mind. People know it as the subconscious mind. It's a popular word, subconscious, right? And I work with the with the neurology aspect. So I go, okay, so w when you experience something in trading, how do you react? So when this happens to me, I react this way. I get emotional.

I I I start to do uh d throw out the book of rules of my of my trading and I start to react a certain way. So that reaction is the unconscious process of that identity and personality. My role is to lead with changing those reactions, changing those emotional responses that are affecting traders today. Because whether we want to admit this or not, a lot of the trading aspect is a lot of it is emotional, right? When we are in a trade, we start to have different

thoughts that run through our mind based on what we're seeing and now we start to respond a certain way. Some people are so disciplined that they exit when they need to and some don't, correct? So so that's the difference in personality. Those are the emotional responses. So my role, just to sum this up, look at me as a programmer that comes in and reprograms the mind.

for how it wants to respond and how it wants to behave. So if a person is lacking a behavior of being a disciplined trader, that's an at the end of the day, it's a behavior, correct? It's a it's it's a behavior. You either have it or you don't. What we do is we implement that. We put the fundamentals to how do you become a s a disciplined trader? Not by talking, because talk therapy is just creating awareness. We actually provide the tools and the techniques

We call them neurotransformational tools that put the person on a very low state calm state. If you like, like think about it as hypnotherapy, think about it as quantum therapy, think about it as neurolinguistic programming. These are all tools or

P areas of of work around the mind that enables us to recondition our mind, to think differently. And when we think differently, we feel differently. And when we feel differently, we behave differently. So it's all interconnected. It's not one thing or the other.

Also I think It's important to know if our problem uh stems from deeper uh psychological issues, you know, that affect how we think and then therefore how we feel and behave, versus issues that maybe is just more like say um a trader just beginning that maybe they're just lacking the skill set, you know, they're lacking the technical aspect or or they're they have the wrong attitudes and mindset for trading and not yet really

you know the deeper psychological uh aspects yet so i do don't you think that's like how do you differentiate between those

Very good question. So yeah. So so so so just to take a step back. Now we look at we look at a person, a trader, a trader. Now when you need to look at trading as an education at the f at the start, it's like it's like getting a degree. You can't expect to come in and make money from the beginning. That is short term thinking. Like when you go to study in university, you spend four years or three years to get a degree or or or or an education that enables you to go get paid at a job, right?

The the trading space there is a mis misunderstanding. So you d definitely have to have the right skill set and the right strategies and the right experience to become a profitable trader. However There are traders out there that have been work been in this space for four, five, six, seven, eight, nine years and even more that don't that lack the mindset. They lack the right discipline. They're right they they're emotional. They are they they have certain root causes from their past.

that enables them to what I like to call the inner child of them comes out and starts to throw throw their their you know everything out of the window because now they just want there's fear, right? There is fear of missing out. There is

Uh uh la greed, which is another emotion, right? So it doesn't really matter uh where you are, yes you have to study, yes you have to have the right skill set, but at as important, doesn't matter if you're one year, first year trading or second, you have to have the right mindset and you have to believe in yourself.

And you have to have the right language in your in your head, that that voice that is supporting you, that is perceiving you in a way that is healthy for you, that believes in yourself. Because if you don't believe in yourself in the start and you just wanna make a quick buck, obviously you're gonna end up in a It's not serving you the mindset. So the idea is having the right fundamentals, the conditioning that is creating that ideal personality.

To become a successful trade. As one of my mentors would say, something within you needs to change. So our personality creates our personal reality. So something about you. needs to change so you start having a different feedback and experience in your trading. You could still have the so much skills, but you lack the mindset, then you're gonna constantly find yourself stuck because there's the root causes, there's certain traumas in your past.

There's certain things about your relationship with money, for example, or your relationship with fear of missing out or greed or your or or you're comparing yourself to others. There's many aspects that are psychological. That stem from our past. And this is really important. So who you are outside of trading, if you remember we had that conversation off camera.

is what brings you in in trading. Like you are the same personality has a has an impact in trading and outside of trading. So if you're lacking something in your in your life, you will find that same thing mirroring in your trading as well.

Uh one of the core differences I noticed between the trading, trading profession and other professions is that in trading, especially for those who are, you know, retail or independent traders, the main difference is that we have to kind of set our own rules and, you know, and standards. uh for trading. Uh whereas in other professions, like say if you're a doctor or teaching or other nine to five office type of jobs or or non-office jobs, if you break those rules.

you get fired. Whereas a retail or independent trader, it's easier to just break those rules and not have any consequences that keep you from trading again until you improve it. Many traders, including myself, come into trading with the wrong beliefs and mindset and attitude about trading to begin with. And that just leads to compounding problems in trading.

just naturally we we're attracted to trading because of the freedom that it can provide, um, not only financially, but the the freedom from having to be in a job and answer to bosses that we don't like or other situations. So then we the problem is we think that trading is the answer to all of our problems. Um, but in reality,

the for myself going through this is that I realized that you have to have, you have to change your mindset. You have to have a professional mindset. You have to have a Come into trading knowing that it's a profession and it has to be taken seriously. Hundred percent. Hundred percent. You know, this is this is something that David uh always preaches at the academy. He always mentions like.

You know, this is why he's very professional in the aspect of treating it. That's why we say you gotta treat trading like you're going to university. The first three three years you don't even need to look at profitity. Some guys out there don't like to hear this.

But it's easy come, easy go, right? So you have to look at it as building the skill set, building the mindset, making sure you treat this like a like a job and you're the boss of your job. It's a business at the end of the day. You have to treat it as a business.

And in business we don't use emotions, do we? We don't. We're more logical. So what we do is we need to behave to to be able to manage our emotional state. And this is where most traders don't, because they're running away from something. They don't want to go to the nine to five job, like you rightfully said. So now they're they're they're so desperate. That's an energy, that's an emotion. I'm desperate now.

So now they take desperate measures and they take higher risks and then sometimes they blow accounts and so there's a there's that there's that pattern where they're running away from something towards the the something else and that's not serving them. So what we like to uh educate our our our conscious traders is like first and foremost you have to have that s balance

uh in your life as a whole. So you have to be going towards something and not running away from th something in the first place. Because when we run away from something, we're running away from fear of going back. So I'm fearful to go back to a nine to five job. I want the life of freedom.

But it just it's so it's just finding that balance of okay, well, how do I manage my emotions and take this more pr professionally and treat this with the right mindset? That if I if I if I put certain rules for myself. I have to adhere them'cause I'm not worried about my boss to fire me. It's more of the relationship I have with myself that I respect my rules. You see, when we respect ourselves and we respect our rules.

We we have that's where confidence comes in, right? So we start to respect that we can be more disciplined. And that's an area where most traders, sadly, today. Are not disciplined because they keep breaking the rules and then patterns are formed. Remember, we go back to our neurology and our conditioning. It's all habits. So if I have a habit that I keep breaking my rules, and sometimes I'm lucky, sometimes I get away with it.

But but you could get away with it once or twice or three times, but there's gonna be a time when you break your rules and that's gonna be the end to your trading or you're gonna have a big blow. We all know this, right, with traders happening around there. So so understanding that. Fundamentally speaking, is I need to build the the the the the principles in my neurology of I need to see myself behave.

Program my mind to be a disciplined person. How does a disciplined person walk, think, talk to himself? How does he hold himself as a trader? Right. We have to recondition because if you've done something, this is how our mind works, by the way. If we do something in repetition of a pattern of three, so those are listening. So a pattern of three. If you have an experience three times more on a row, now you've created a pattern and repetition. So that creates a habit.

So if I've done something three, four times and I have a certain emotion associated with it as well, it becomes almost like a like a a an addiction as well because now I'm used to feeding through the hepatolamus and our my brain that chemicals that make me feel a certain way.

And those feelings don't necessarily always need to be good. They can also be negative feelings, but I'm connected to that victimhood mindset that the market is bad. My life is is is my job nine to five is is is hell. And now I'm creating that reality.

that is p pushing me away from what I'm actually meant to be striving towards, if that makes sense. Yes, it does. So there are many uh trading behaviors that we can talk about, such as um entering trades uh too early or too late or missing trades um that should have been taken or taking profits. Too early, um, or not cutting off losers or over trading, under trading, uh, revenge trading, or trading with no strategy, trading with too many strategies, or you know, having issues scaling up.

And the list goes on because there's so many areas. If maybe we can focus on a specific area for today. And I was thinking that would be Exiting a position and it could be exiting a position to take a profit or exiting a position that is losing. Um, because If I was allowed to choose just one aspect of trading that I can work on to improve right now in my my trading journey, it would be exiting trade.

Um, because that is one of the hardest things because I learned that many of us can be really good at entering and we we oftentimes choose the right. um setups, we oftentimes can choose the right position and start off great. And but it's the exiting that messes us up.

So let me ask you this question, if you allow me. If you allow me. Now I want to make this practical for you because you're a trader, correct? So so so so When you w live put yourself in a scenario right now, a real life scenario where you are now meant to exit a trade and you're not exiting, my first question to you to you would be. Why aren't you exiting? What comes up when I ask that question? Why aren't you exiting in time? What what's the first thing for you?

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Okay, let me go back to uh um just a recent incident and I actually wrote this down on June 13th, I was in a trade uh and things were going well. The night before I had everything, you know, I had my trading plan and idea of what I'm gonna do. And then in the morning I had uh done my routine, I did some um exercises and I was like mentally rehearsing how I'm gonna do better this time than the day before. How did you mentally rehearse? I want to ask you that question.

I um I have been starting to visually uh uh what do you call that? I I've been doing mental mental rehearsals. Explain to me your process if you don't mind. I just want to I'm just I'm just wanna know like wanna break that down for our listeners. So what is the process that you follow? Okay. And it's not very structured, by the way. I love to experiment on different things, but uh lately I've been um mentally rehearsing in the morning to do that.

I am, well, I'm also lying down and I'm I do my exercises, but at the same time, um, I do kind of relax and then relax my brain, breathe, and I am visualizing. I have mental pictures of Oh when I see this. When I, you know, when I encounter this kind of situation in my trade, because I learned from last time when I I messed up, this is what I'm gonna do instead. And just kind of visualizing those charts. So I've been doing that.

I want to give you a tip. We call this priming your mind. There is a science behind mental rehearsal, which is bringing the brain waves to a specific level to a specific data level of brainwave. So now you're you're accessing the unconscious mind, the subconscious, because if you mentally rehearse from the conscious mind

Um and you're just doing lying in bed and you're just a couple of breaths, it's not planting the seed. It's not it's not creating the movie, right? So in order for us to access the unconscious mind, and I'm giving you some tips here. So this is gonna be beneficial. You have to do something called as brain, heart, and coherence. So this is a uh I would encourage everyone listening to this podcast to learn about brain and heart coherence.

which is bringing you into a an a sym a sympathet uh sorry an um a calm state, not the sympathetic, a parasympathetic state, where now your nervous system is calm and your brain waves move from high to lower brain waves that is now opening the door to the subconscious. And when you do that, when you do the mental rehearsal,

uh you have to first get yourself into a bri a a breath rhythm. So there's a specific rhythm of breath that you have to apply. We have a whole course on this. And what happens is as you create this rhythm and breath, You now Open yourself up and you have to be a second person looking at this. We have we call this disassociation. So you shouldn't be in your eyes.

You should be seeing it first as you're watching a movie and then stepping into your body. So there's two approaches to it. So there's one, you're looking from the from outside as a th as a second person, sitting on the desk, seeing the chart. rehearsing what you would do when you needed to exit that that that trait, for example. And then going in as in you're in your body and you're also seeing it through your through your so you see it both in both positions. You're

You're creating what we call an integration now. You're you're showing yourself because the unconscious mind, uh for those listening, doesn't know the difference between what's real and what's not. So when I close my eyes and I mentally rehearse a disassociation, it almost feels like this is happening now in front of me. And then I'm in my body, it's actually happening to me now. So if you repeat that and repetition is extremely important.

So r there's a process you there's a whole therapy called time paradigm therapy that I that we that that I'm a practitioner in actually. So we teach that. And what that does. It's literally creating new neural pathways in your brain. So it's creating a whole neural network that says, oh, okay. So when this happens to me, that's my reference. That's how my my my nervous system, my unconscious mind is gonna respond to that.

So so so so uh it's very effective uh but it requires repetition and it requires time daily to get that Complete mind map integrated in yourself. So now when that happens, you know how to exit the trade promptly and you exit it when you need to.

Because remember the part of you and I I wanna get into that, I I wanna ask that question, but I just wanted to ta to to comment on this because I think there's value here for yourself and for those listeners that that priming the mind, it's not about just closing your eyes and doing a couple of breaths and and rehear and and S imagining it. No, there's an actual process to it in order to to speak the language of the unconscious mind, right? So there's tools.

There's actual tools that allow you to do certain things that are scientifically studied and researched that produce. The uh neuroplasticity of creating something new in our brain, creating a new neural network, a map. So now you start to feel it.

And you start to see it. So we bring in the emotion, which is the glue, and we start to see it, which is the image. And there's a whole process around it. Again, I don't want to get into too much that'cause that's like a whole segue, but I just wanted to comment on that. So so let's go back to the to the question of

Um when you wanted you c you I'd love you to carry on the story. Yeah. So um that morning, yeah, after doing my my uh what I knew as mental rehearsal, but thank you for sharing that because now I'll try that. Um Yeah, and so yeah, everything um was going well and I was feeling good and um positive. Um the morning started and market opened and I was off to a great start.

I think later on, a few hours later, you know, I've been watching my position closely. I had several positions on and I was still doing well, but there's this one position that was going against the the side of the trade that I was on. And and I knew, I just knew, I knew inside. Consciously I knew that I need I knew what I needed to do. Rehearsed it too. Yes, you know. So you have an idea.

Yeah, and I've done that before. I was able to follow I mean, before that, days before I was able to follow my my rules. Perfect. But this morning, that that morning on June thirteenth, um It's just like I was like almost daring myself, you know, I felt like, oh Self sabotage, would you say? Maybe. maybe i was like Uh, you know, in my is I knew what I was supposed to do, but I kept like being stubborn about it and I was like, No, you know, I I'm gonna prove that

you know, that it's gonna work out. You know, it's gonna work out. There we go. And then it would got it got worse and worse. Then I re and then I got it it got even harder for me to get out because I was like, Oh I gotta No, no, no. I'm this is gonna turn around and and then it didn't and then I remember Gotten really I I was getting really emotional and I was this Exceptionally, like just more emotional than I I have been usually in trading. And I find myself like

hitting the the desk. I I was just like, no, I don't want to get out. I know I should be getting out. I actually said this out loud to myself because I was like I was like challenging uh this whole thing about, you know, following your rules some all the time. And I was like, no. And I said, I don't want to get out. I just don't want to because I I believe that I can fight with this and I could I can fix this, you know. Um the market's not gonna make me get out.

Right. So so this is interesting. Yeah. Carry on. Yeah. And so anyway, um I uh long story short, I I did still end up positive for the day, but that position I lost on and for some reason it just really upset me so much more than um the other days where I come you know, I had losing like a losing day. But that day, although I didn't have a losing day,

I was really upset uh at myself for for for being stubborn and for um not doing what I knew I was supposed to do. And it really bothered me because I know that I could have done I I I'm better than that. But I just. Yeah.

So so if you allow me, I'm going to um comment on this. Are you comfortable for me to comment on a few things and I can open up some some things or or you know, would you be okay to go there? Okay, to I wanna to a degree at least. So I I wanna I wanna explain something. So first of all, your it inner dialogue that's happening is an inner dialogue between you and yourself, right? There's that

conversation that's going on. And usually that conversation, if there is conflict, it we what's what I like to call misalignment. So you're out of alignment. You're not listening, you're not taking the command. You're not in charge. So there's a bigger part of you that

overtakes your decision making process. We can agree to that because that voice initially came and said, You gotta exit. This is your this is your signal to exit, right? To be a safeguard yourself, right? But then something else came in and said, No. I want to prove that I don't have to exit and I wanna prove that I don't have to follow the rules, right? I'm I'm just following what you're saying, correct? So that part of you is more the unconscious mind.

That part of you is more connected towards something emotional about Trusting in your decision making process and trusting in yourself and believing that you don't want to be seen to be wrong. And you don't want to prove you wanna almost prove yourself that you're not wrong, that you will get out of this. Right. So that dialogue of I wanna prove myself, also sometimes, again, I'm not saying this is you, but I wanna share this so peop so our listeners can get value.

Usually it becomes deeper in our in our in in our near in our conditioning, which is related to some belief system we have where we want to prove to the world that we're good enough, that we are we are right. We got this, you know, and this is a challenge now. You want to challenge me. So now the meaning making process becomes an internal dialogue between you and yourself. And that's the challenge where no.

I'm telling you to do something. No, I'm good enough. I'm better than you. And I'm going to show you that I that I can do this. Right. So it's almost becomes an internal competition. Now the emotional charge that comes in. Which is you said to me, Sam, I was pretty angry with myself. I almost have that sense of resentment towards myself. Again, I'm just

almost breaking it down uh as bus as fast as I can. Um what's that creating? It's creating the the it's coming close to a root within us, an emotional charge. So somewhere inside of you, within your conditioning, When it comes to proving yourself to be wrong.

you get emotional about that. You don't like to be wrong. So I don't even know you. And this is probably the second time we're meeting, correct? But I'm breaking this down. And you can comment if I'm if I'm if it's resonating. But if I don't if I know if I if I had to uh project something or should I say break this down. Again, I need more time usually, but just for you to know.

You have something within you that in your character, in your identity, in your personality, you hate to be wrong. Tell me if I'm if I'm reading that correctly. I don't think you're wrong about Okay. No, I mean I I can be wrong and I can admit it um a lot of times, but there's certain things like you know. Yeah, there's certain things that it becomes emotional too. It becomes like a chop.

It becomes emotional. It becomes a charge. And and that that usually comes from if you break it down again, I don't wanna go public on this podcast with you, but if we break it down to our conditioning, our childhood, certain things about our parents

certain things that I grew up with where I had to prove myself, I had to show people that I'm better than them. I had to do something to get uh acknowledged or to to get seen or whatever that may be. Again, I'm just giving some examples for our listeners. That's what ties into this emotional charge and the state of being. So remember, the state is like a program. It's how you think, how you feel.

And how you react. That's all connected. Okay. Now think about a state like multiple programs that reside within you. So when something happens outside of you, like a losing trade, you don't want to exit because now the dialogue kicks in, your state of being changes. You're not the same person you started that day, correct? When you were saying I was feeling good, Sam, I did my little med. But a different part of you came out, a different character, a different Completely different.

Correct, right, right. So what what what is happening there? I just want you to know. What's happening is a state of being is changing. So a different program is kicking in and that state dictates now listen to this. It dictates the range of behavior that falls under that state. So if I'm angry with myself.

And I'm angry about this trade. Now I'm gonna fight it. That's my behavior. That's how I react to it. I'm gonna fight it and I'm gonna stay longer and I'm gonna try and get out of it. And da da da. And even though I know everything I'm doing is wrong, but that's my that's my that's my

That's my limit. That's all I can do. That's that state producing that to me. So that produces that way range of behavior. If are you following me here, right? So each state produces a range of behavior that dictates how you behave.

It dictates how you're gonna respond to that trade, to that setup, to whatever you're working with, right? And when that changes, everything else changes because now you end up messing up other things or you end up acting so so you now start to don't see opportunities, you narrow your focus and so forth. It's exactly the same thing with traders that have fear.

You know, when we are in a in a an a we now something's happening in my trade and I can't exit, I don't want to exit my trade, although this is my signal I need to, and I'm talking about exiting a loss now, for example. What happens a lot of the time is that traders don't exit the loss because they they don't accept to be a loser. They perceive it as I am losing if I'm exiting this trade.

So now I'm a loser. I don't want to be a loser because my parents or my f I don't know, my childhood always everyone thought I was a loser. I don't want to feel a loser. So then I don't want to exit the trade. Or I I I I I don't want to exit the trade because I if that that means that I am lesser, I am not good enough as a trader. And I don't want to admit that I'm not good enough. I don't want to admit that my strategy is out of balance. It's wrong. My my my my whole

I need to change my my my approach. I don't want to admit that because I know that my approach is the best and I believe that's it and there's no one else and and and okay, well. You know what I mean? So there's always what I want to break this down and what I'm summing up this point with, it's there's always a meaning making process.

to you individually that is unique to you, Tessa. So you have that, you know, you see that and you're like, oh, I don't wanna, I don't wanna, I don't wanna, I don't wanna be, I don't wanna be wrong. You know, I don't wanna be wrong about this. I'm I'm gonna, I don't have to listen to my rules. I'm gonna, I'm gonna recoup this. versus someone else. Well well, no, I I can't exit because if I exit, that means I am a loser and I don't want to be a loser.

And I don't wanna I don't wanna I don't wanna be broke and I don't wanna lose money and and and so forth. Right. So there's something there's a meaning. But then there's another person like my partner and business partner and the conscious trading academy students that we have and and the guys we're working with from all around. Is looking at that and going, This is a healthy loss. I'm exiting. That's a healthy loss because it's not about

The what's happen not about the money you're making in the case here. It's about that's a winning trade when you exit in the required time that you need to exit. That's a winning trade. That's actually a win for you.

But the perception needs to change. The way you perceive it and the meaning you give it completely different. So now when you give it a different meaning, guess what happens, Tessa? You feel differently. Right? You feel different in your body. So you don't have that emotional response anymore. Now you're more disciplined. Now you feel good that you exited. You feel so good that you stick to your book of rules because the that's what we call a healthy learning.

You're not losing, you're learning. So that changes everything because How many learnings have you got today? Oh, you know what, Sam? I I didn't make much profit today, but I learned this and this and this. Because when I exited, this is what happened to my trade. So therefore, now I need to change my strategy because that doesn't work.

Now, a lot of the traders I work with, they come to me and they say, Well, I don't have the discipline and my but my strategy is the best. So I'm like, Okay, so you're telling me your strategy is the best. How do you know your strategies is the best if you keep breaking your rules? How do you know?

So if you keep breaking your rules, you don't even know if your strategy is correct. The only time to give yourself a true assessment of the level of skill set you have is by sticking to the book of rules and to what you were what you said you would be doing. That gives you a real picture.

And of course, other elements that we do, which is journaling and making under why you exited that trade earlier and the emotions that was associated with it and so forth. So we need to dig in. So once you understand where that's coming from, that's when you can start to change.

Yeah. Wow. Um yeah, so so most of us, most of us traders, um uh don't know this, right? Go going into trading. And um Uh, you know, I just to continue with that day, I um I realized, you know, after even though I was upset and everything, and I was upset, you know, at the market and everything, and I was like, After I had calmed down, I was I wanted I wanted to show that

I can be disciplined and I wanted to show I know this is not good to say, but I was still mad at the market. I was like, the best revenge on the market. And I know that's not good to say, but it helped me at that point to say it, um, is to show that.

I am disciplined and I can follow my rules and and I will make mistakes here and there, but I'll learn from it. And like you said, like from every loss or from you know m any mistake that I make by not following my rules, that is a learning opportunity that I will learn and And continue to improve. And that would be the best revenge in the market. That that's what I thought at the time.

Frame it exactly, but you pre framed it in a healthy way. The most important thing is understanding that that that dialogue that's happening. is you're not trying to prove something to some to to someone, meaning yourself. You're not you're not you're not you're not having a a negative dialogue. You're having a more compassionate, more

tr trusting relationship with yourself that you're not getting you're not putting yourself down in that process. This is really good. So so sometimes when a trader lo uh uh you know p has a a a loss They they beat themselves up. They're the language that is happening in their minds

is I mean, I know this because I've worked with traders for many years now. When they when they truly open up and they tell me what's going through their mind, it's a complete disaster because because remember, our unconscious mind takes everything personal. So if I'm speaking negatively to me to about myself and I'm swearing at myself and I can't believe you did that and why and da da da.

Now your unconscious mind is like a little child. It takes everything for face value and it starts to believe that you are that person. It starts to go, I am this and this and this. I am whatever you're you're saying. So So language, linguistics, this is what we why n neurolinguistics is important, because there's a connection with our neurology and the language we use. It's like your program, right?

So what am I speaking to myself when I when I adhere a a a healthy loss? What's the conversation I'm having? This is it what you just said was the right way. I'm taking a learning now. I am I am I'm I'm I wanna I I'm not being emotional about it. I'm not beating myself down and I'm and I'm growing from this experience. I'm making adjustments. As long as you're making adjustments That's the most important thing. Every single

loss has to come with some learning and adjustment. But if you're busy beating yourself up, think about this test which a lot of traders do. They're busy having this negative dialogue and they're emotional and they're upset. They're not learning anything. And then they'll do the same thing the week after. And then they'll do it again and they go, I this keeps happening to me. And I've heard that so many times. That's the unconscious pattern that they need to break.

Free from And they can liberate themselves emotionally. Remember, the name of the game here is how can you manage your emotional state? How good are you as a trader today to keep your emotions at bay? And if you can do that, if you can do that and you do that through tools and learnings and pre framings and sci and and and scientific uh uh uh uh modalities today.

If you know and you learn that skill, which is one of the important skills we teach, because it's so important. Think about this, even in your life, outside of trading, you know, you need to know how to regulate your nervous system. You need to know how to, when something happens, how to calm yourself down. So the state, remember the program I was talking about, doesn't switch and take over.

I need to put that at bay. I need to keep it bay. I want to be in the driving seats, you know. And and whether we whether we know this or not, this is the reality. And listeners can go check this up. You know, this is a ba available about our neurology. It's available about our unconscious mind.

95% of us is is the set of programs by the time we're 30 years old that that is unconscious. And the moment we get into a car and we think about something and we end up being at a we arrive at a d different destination, who do you think got you there?

How did you end up crossing the road and going all around and and and traffic traffic lights and getting to your destination? How many times has that happened to most of us where we move from point A to point B and we don't even know how we got there? What's happening is the conscious mind goes inwards, you're thinking about something, and the unconscious mind comes out and takes over. That's how it works.

the unconscious mind takes over when you're busy thinking about something within you. So understanding that what takes over needs to be a program, Tessa, that supports you in behavior. and emotions and and discipline, not a program that's going, move out of the way, Tessa. I don't wanna admit that I'm wrong. I wanna show that I can do this in the market. I wanna I wanna I don't wanna admit I know I can break my rules sometimes and that's coming from an emotional place. Think about it, right?

Yeah. And you talk about emotions a lot. Can we talk about that a little bit more? Because emotions are natural. Emotions we're humans, right? We're not Yes. AI robots or whatever. Um and and um How do we use emotions in a healthy way in trading? Because it's natural.

Yeah, so I love that question, Tessa. This is a great conversation, by the way. I'm enjoying this. So so so um so emotions. Let's talk about emotions for a bit. So what's important to remember is that every single human being, part of our neurology, part of our uh of our of of our making is that we have emotions, which is energy and motion, by the way. So and it's a response

to something outside of us. So we give a meaning to an experience and we react accordingly. Now the idea here is I'm not saying that you will not react. We are all human. The idea is how long do you react and stay in that state? And are you able, emotionally speaking, to change your emotional state on demand? And we can do that today.

We have the tools and the techniques that changes our state of being on demand to change our nervous system by choice. This is the this is one of the gifts we have as humans compared to every every other Specie out there. We have on demand the ability to change our state of being and to come back to what we call balance. Okay? Now, reacting is not the problem. We all react.

But how do we respond is based on our emotional state and how long we stay there, right? Now, at the fundamental level, and this is an area that I specialize in, as a practitioner, we have something in the in uh called a gestalt. Now this is very interesting and I'm going to try and do that.

It's called Gestalt. Gestalt. Yeah, it's a German word for collection. You can look this up, Gestalt. Okay. And what a gestalt does is that it allows to accumulate all your emotional experiences of your past. So in your in your in think about your body as the operating system. Remember I said it's a hard drive, right? Your body.

And it stores every single experience you had. Now think it's you as as a trader, right? So every single time you felt a certain way around a certain trade where you felt fear. anger, frustration, and it's and it that emotional charge gets stored in our in our body. Okay. That's where the emotions get stored. And over a time

Because I'm having the same emotional response. Now I create what is a called a belief system, a pattern. Because now my emotions are constantly going around a specific topic in my life. Now, when we have height, a lot of that emotions that we've built up over the years, we become more of emotional people.

So we will have a reaction that is higher than someone else. So some people, some traders react much more intensely when they have a loss than someone else. We can agree to this, correct? Like some people deal with losses better. But why is that? This is the question. It's because our emotions are stored. And if I've stored so much tr trauma, so much emotions from my past over the years, even from my childhood.

Where now when something happens in this context of life where I don't want to be proved that I'm wrong because it making if I prove I'm wrong, it means I'm not good enough or it means whatever because of my past. That brings up all the charge at once. That emotional charge comes up because that's the definition of that's that perception of reality, that experience. It brings up this type of emotion.

So what I do in my private practice is I actually go in and I format that. I release all that emotion. It's like a folder that you delete. And it's incredible because you can go back, and this is measurable, by the way. So you can I can even do this with you, Tessa. So you can go back.

to any experience right now in your life, even 13th of June, and you can close your eyes for a moment and you think about that trade and what happened that day and what will happen, you will feel something in your body. You will feel that anger, that frustration, whatever you felt then, it's still somewhere in your body. Correct? Would if you, if you, if you really played it in your mind. Like you sat there and you're like,

Now, why is that happening? It's because the body, which is the unconscious mind, A, doesn't know what's real or not. So it brings up that emotion. That's number one, right? But when you clear that, Because there's still residue from that past experience. The charge is still there. You never really processed it. It stays with the memory. All memories and emotions are connected.

So if you s keep a lot of memories of you being frustrated in your trading, now you created a a gestalt, a folder of all those emotions and how they made you feel. So anything that resembles a loss or not or proving to be wrong, the emotions gets higher and higher and higher over time, meaning more heightened, more stronger.

What I do with my with one of my therapies, and this is why we are doing extremely well in this space, is I'm clearing all the emotional charge. So you can go back to any experience in your life, and I mean any experience in your life after we do the the this type of work. and you will feel nothing. You can play you can play it in your mind and you will feel nothing in your body. Why? Because we've released the charge. Now how is how is that good for you when you've released the charge?

It's because when you find yourself in that situation again in the future, you will no longer have that same reference of emotion because that's what you felt so many times before. Therefore you will feel it again. Now the tank is empty, the folder no longer exists. So you have an opportunity To manage a new emotional response, you have an opportunity to think differently.

And have an opportunity to liberate yourself from that experience. So now you have a completely different behavior. Because remember, we can never think greater than we feel. So if I have a lot of frustration and anger from my past, I bring it into this experience and I'll feel it again now. So we only go beyond the feeling when our emotions is no longer existing. So it's not a problem anymore for me because I don't feel like it's a problem.

You know, I say this a lot and and to my to my uh you know to my to my uh community and my and my academy when I and if if people really get what I'm about to share, it changes everything. It really does. You know, most problems in our life, even in trading, it's only a problem because it makes us feel a certain way.

It really makes us feel it becomes a bigger problem when we feel it. But if we don't feel it for a moment, think about it, it's not much of a bigger problem. We move on much more faster and we focus on what we want to create for ourselves. But most of the time we're stuck in the emotions of our past. And therefore we keep repeating the same experiences, the same behaviors, and the same results in our life and in trading. It's all connected. It's really all connected. This is where

I need to always remind people that it's all interconnected. It's not you don't sit as Tessa on top on your desk and you're now a different Tessa. You're the same Tessa that goes out with your friends. You're the same Tessa that That reacts to different things in your life, you will have the same reaction in your trading. It's the same identity. Think about it for a moment, right?

Yeah, so for um let's just say it's not just for trading. This this is for just you know, every aspect of your life, right? What are some practical ways that uh someone can help themselves if they if they choose to wanna try to do it, try to, you know, try it on their own? Are there any practical um tips or or ways that they can clear those built up e you know, feelings and emotions that's in the body, like you you mentioned?

Yeah, so very good question. So the short answer is if you want to clear it, cur c clear it, like you want to format, you want to release all of it, you need to do uh you need to do practitioner work, you need to do intervention work. That's That's the short answer. So you cannot release that on your own. You need a guide, you need a practitioner that walks you through the process using.

an actual tool to go and address that on a deeper level of the body, deeper level of the mind. Okay. However, you what you can do yourself for those that don't have the opportunity or or or or the or the means to to work with a professional, What is important and what you can do is you can learn to self regulate your nervous system, your state of being, when you are out of balance.

So I gave the example earlier today and I said one of the things we do'cause'cause an area we we also emphasize on is being empowered by the tools yourself. Right. So we have certain things we do which is inducing through your own, through a guided experience where you're reprogramming yourself and you are doing a certain type of breath that is releasing and getting you into a more peak performance state, a state that is serving you, right?

However, the reality is, and full transparency, that on its own can only serve you for so much. Because what happens is if you are going into a trade and you're feeling good and you're in the best peak performance state.

But you still have a lot of charge from your past experiences. It only takes one thing, which is like an anchor. You know, it's pulling you down. It takes one little trigger that switches the program back on. So you have to go back and switch it on again. So it's almost taking more. Effort. for you to go, okay, I'm not good feeling good now. I need to go and sit again and do my practice. And then you do it again. And then you switch on.

And but you still yo-yoing between two because you are doing it by yourself, which is amazing, and you can regulate your nervous system by yourself, which is amazing. And that could sustain you for a good time, but it only takes one thing outside of you. that tr is a trigger to one of your char charge of your past experiences.

That brings you back into that state again. And the old part of you comes out and goes, Oh, I'm the angry part that can't deal with the loss. You know what I mean? And I don't want to admit it, right? But that's the version of you that hasn't overcome herself. She hasn't she's still stuck in that experience where she hasn't forgiven herself.

She's a bit hard on herself. She doesn't want to be perceived wrong. And more importantly, it's all between her and herself, not the world. You're not trying to prove everything to the world. It's all a dialogue between you and yourself where you want to prove yourself to be right. And then and and and that's the that's the internal conflict that's happening. And that's coming from your neurology, right? That's the charge we're talking about. It's a it's an experience

and an emotion associated with it and a meaning making process. Some of them beliefs beliefs are formed through that experience as well. So I I want to move away from that belief, for example. Yeah. I'm just wondering because, you know, we meet a lot of traders and and then traders in in our community and, you know, the how are they, how are some of them able to just

self-regulate so well and you know and and seem to not have they probably do but seem to not have these issues and they are just like master traders and um, you know, They're probably working with a good coach. And they're not telling That's possible. Yeah, yeah. So so a lot of the traders, just so you know, and I and I'm uh sharing with you, a lot of traders work with professionals like um like myself.

that don't disclose it really. They keep that as their secret weapon, right? Or they're doing certain practices that don't they don't disclose as well. That helps them. But also you will find these these these successful traders Like, for example, I like to bring in my partner as an example, David Capablanco, because he's a beacon of light in this space, you know, uh a seven figure trader, one of the most disciplined people I've worked with in my career. And

It's a process. It's an ongoing process. But he had to do the work. He had to release the, you know, the gestalt I was mentioning you? He's done that. He had to deal with with old demons of the past, with old emotions and limiting beliefs and all of that.

So that allowed him to break free and break through to different levels. And this is why he continues to grow. We're always working with each other. We all spend time. So we're and we're doing the same thing in that, in that our ecosystem. So we're always ever working on ourselves. And those traders that are that are grounded, that are

have profitability that are sustaining, they are definitely behind the scene, I can guarantee you, working on themselves all the time. They're doing something for personal development. They're they're they're making sure their environment is good. They're making sure that they don't have influence from their external triggers or all are all contained, they are aware of the triggers, they have dealt with them and so forth. And that is

part of the growth as a trader. So, you know, it's it's again, it's a holistic approach. There's not one thing that it's a combination of many things.

Mm-hmm. that leads you to become, you know, a a trader, a master trader, I like to call it. Someone that is actually sustaining and maintaining what they what they're set themselves to do. This is very similar to like elite athletes, right? In in Hundred percent. Hundred percent. They all have coaches and and mentors, you know, to help them, you know, break through. I have my own, just to just for the record. Like I we all need we all need someone that can

um support us, especially when they're when with someone we can model, someone that's doing the right thing. This is how I like to like if someone is doing something that I want to learn from that they're doing successfully, that's the type of person I like to work with or I like to be mentored by. And and also personally in my and l at least in my model of the world, it's always has to be, at least for my work, it has to be scientific. I a lot I I I

I pr I always like to go and understand how our mind works on a neurological level. Okay, so what happens? Where's this emotion coming from? What chemicals are happening? Why am I perceiving it this way? So understanding the fundamentals and working with that part of you, that's where you grow. Like you gotta go to the places that are gonna make you uncomfortable. You gotta feel those experiences to let go of them. But you ha but if you don't face the the you know the our shadow

That shadow keeps crawling in and and and some and more often overtakes uh us and self-sabotages us in some cases, you know? I mean a common one when we talk about self-sabotage. This might sound crazy to some of our listeners here. But believe it or not, if we have a cap in our self worth, So if we feel that you know what, I can only see myself making a hundred thousand dollars a month. Okay, that's that's just me seeing. If I if if you say to me, but can you see yourself making

Two hundred thousand or even five hundred thousand or even a million. Oh no, no, no. Wow, that makes me feel uncomfortable. Right. That makes me feel uncomfortable. Why is that happening? There is a ceiling within our being, within our conditioning that says this is where you it's like almost a pre uh a prerequisite or a like a little box. This is your box.

So if you come close to the the ceiling of that box, I'm gonna put you back in your box because that's what you believe you can, because that makes uncomfortable. The emotion state changes, right? So so so I've worked with traders in the past.

that when they reached a certain number, a figure that is related to them All of a sudden they can't ever go beyond that number. And it's always the same number or in and around the same number. And this sounds cr crazy, but it's it's reality, right? I'm sharing my own experience working with traders. Maybe some other traders Haven't had that. I'm sharing what I've had with my traders. And what's happening is the moment that happens, the meaning making process in the mind goes, oh my God.

It's just another number, by the way. It's just another zero. It's the same strategy, same thing. He does it every day. But when he gets to it, something starts to change. His state changes. He starts to panic. He starts to have fear. He starts to go, Ooh, this is a bit much. And then

Something takes over, which we spoke about, and what I call self-sabotages the process, which is the program, and puts you back into where you are more comfortable, which is your comfort zone, and then you stay there. So we need to break those. We need to understand why I am feeling this way, because that's that's something happening. You can't lie to yourself. I am feeling uncomfortable about this number.

Cool. Why? Where's that coming from? And then you trace that back and you update the system. Sam, can you give some examples of the traders that you've worked with with that kind of money mindset problem, you know, um that that you mentioned that has a cap. Once you get there, you're like, Oh Yeah, sure. Sure. So so so again, because I sign an NDAs with my with my traders, I'm not allowed to disclose names.

But I can disclose one name and that's only because he we went public and it's my I'll go back to making it easy. I'll bring up David again. So David was one of the traders that I've been working with for over the years and Working with him other years, there was a time and space where David was this was before he was a seven figure trader that.

When he was reaching a certain uh figure, a certain number, his neurology and his mind starts to change and started to do what we call a comparison. So he was comparing himself and the money he was making to other people that he in in the space, meaning non-traders, and it felt wrong, it felt un unauthentic to him, it felt that it's it's unjust and how can someone make a few thousand dollars in in a in a few minutes

That so there that mindset that that it's a set of of programs of thought process that kicks in that's coming from his conditioning. So David is the an example that I can disclose because we've mentioned this online before uh we've we've disclosed this before publicly.

I worked with him in changing the beliefs around that. All the beliefs that sit around why does he what does he believe around money? What does he believe around making that? Is it unfair? Oh, it's unfair. Where did that come from? So really changing that and using tools, of course, to go in and reprogram those thought processes enabled him to feel more comfortable with working with hundreds and thousands of dollars today.

He doesn't it doesn't it doesn't make him flinch. But he even mentioned and he used the example once uh that it felt like he was a pilot and the closer he got to those numbers, the it's almost there was there was turbulence. There was like turbulence. He kept saying I felt like I was

I was fighting and it was like turbulence happening. Although it was the same setup, same things he was doing on a day-to-day basis, but that created that shock to him, that emotional response that wasn't serving him. And that's where that's was his cap. That's what he was sitting to. And that happens a lot, by the way, with many, many traders. It's a common uh pattern. Um that's that's why there's a lot of traders get stuck a so around a certain figure.

and a certain number because the perception of what that means to them in their mind changes. So working with$1,000 versus working with$100,000 versus working with$10,000, every single trader in this space today, it's all different to them. Some traders,$1,000, it's like$100. Some traders a thousand dollars, it means so much to them that it's like their life savings. It's that's the reality, right? So so it's how do you how does that make you feel?

is the answer. And when you change how it makes you feel, that makes you feel more liberated. And you don't, you it doesn't overpower you.

So thanks for uh sharing about your ex your work with uh David Cabablanca and and going back to that. It it has something to do d did it have something to do with his like his upbringing? Yes. Yes. You know, because I can relate to that too. I'm experiencing that right now, but on the lower level, like you know, that that cap. It's like, is this possible? You know what I mean? So that's that's something to do with your conditioning, your past.

You know, w uh, you know, um, you know, w how you were brought up around money, how you were brought up around self worth, how do you perceive your self worth? Everyone has a different level of self worth. And that's not a taboo topic, right? It's actually something we should all be comfortable to speak about.

And the nice thing is we we can elevate our self worth. We can change how our self worth so if my self worth sits at a certain uh level in my life, therefore I believe I'm only capable of achieving X amount. And until I have the belief system, listen to this, a belief system that says, No

I can make millions and I feel comfortable about it and I really feel it in my body and my body's not lying because the body doesn't lie, you know, the body, it's it's an emotional. So the language of the body is emotions. Remember, the language of the body, the unconscious mind, it's emotions. And emotions and energy never lies. So you can feel so when someone affirms and says, I can be a millionaire trader.

And if he believes in it, it's a different connection in the body. But if someone doesn't feel comfortable around it or doesn't believe in it for whatever reason, which can all be changed, that's the good news, it changes how they feel around it. So it's a different feeling. Is it almost like bake it till you make it? Well you can't really fake it if you don't feel it.

So so I don't believe in faking I mean fake it till you make it is good when you are priming your mind, when you are conditioning yourself to see yourself in that experience. That's good, fake it till you make it. But Fake it till you make it without the feeling and connecting it emotionally in your body. It's not it's not real to you. It doesn't land, it stops, it doesn't feel right.

You need to feel you need to feel what you are saying. You need to connect with it emotionally. So that's where there's no charge. There's actually healthy connection there, if that makes sense. That makes sense, Sam, but um I'm having trouble like uh You mentioned it a lot about ha can connecting the emotions to what to the body so that you can Feel that charge. How do you do that?

So so so so feeling something you are you know, have you ever heard of affirmations before? Before affirmation. Yeah. So a lot of people do affirmations, right? So they say they stand up and they look themselves in the mirror and they s keep saying, I'm this, I'm that, I'm this, I'm that. So so affirmations mean nothing, mean absolutely nothing. They do nothing if you are not f connecting with it emotionally.

Because the body is the unconscious mind. Remember what I said. The body is the unconscious mind. The body is your operating system. So in order for me how do I feel it, you need to make sure, ask yourself why am I not feeling it in the first place? That's what you should uh be asking yourself. Because if you're not feeling it, there's a block.

between you and what you're wanting to experience. And usually those blocks our limiting beliefs, our negative emotions, our old perceptions, old ideas, old ways that you've been conditioned, not necessarily you doing this to yourself, it's just your experience of life to this day. Sometimes it's culture related.

You know, I I work with a with a I I work with a uh a lot of Asian uh and I'm just br may give to give you something very beautiful actually. So in I w I have a lot of Asian I've worked in my experience with Asian traders. So a I when I say Asian traders, I mean

descent of Asians. So they're originally Japanese or Chinese or or um you know the but they're American or or others. I've also worked here in Dubai with I with others. But one thing that is in common about the Asian culture, and I'm sure you would c define this

you know, we're hardworking people, we've very disciplined. We need to prove we need to uh you know, not obey, that's not the right word, but we need to respect our elders and we need to, you know, show them that we're capable and we need to show them that we're good.

And we need to prove them that we are an A student and we need to because anything below A doesn't even sit well in an Asian home. We want all A's A A grades, you know, we want to be all high achievers, you know. And if I'm not a high achiever, I'm not good enough. Yeah. I can relate to that growing up. So what you thank you for thank you for sharing and being, you know, transparent about that because I think it's important and I appreciate that. But now think about what that does to you.

Think about that for a moment, what that does to you. What that does to you, it makes you now always in your life having to, and I say this with respect, of course, having to prove something to some to someone. Meanwhile, you're trying to prove that to yourself, by the way. But indirectly you're trying to prove that to your parents.

You're trying to prove it to your you maybe your siblings if you have any, but you're trying to prove something all the time. And this is one area that I've seen from my Asian, my my lovely Asian, I call them my my ma amazing traders, uh conscious traders today. that have shifted because they've let go of that perception and that expectation.

And they've taken off so much pressure off their back because now they feel more free to be themselves and to f trust the process and to take it s one step at a time and to reach The all time highs of where they're supposed to be. Without the pressure of the self, we got a proof to be.

You know, you can't you you gotta prove that you can't lose, you know, and so forth. So I hope this is you know, and I appreciate you being in in this conversation. I hope it's resonating and I trust it is to a to a degree. It is. Um Yeah, you Yeah, you brought up something that's um, you know, pretty sensitive to me. You know, um I I I kind of grew up with that kind that that pressure.

um pressure to perform and pressure to to um you know uh work in a like a safe type of job that makes money but even though you're not happy and things like that and and that's you know Because, you know, m it's not my parents' fault, but that's how they were brought up and So it kind of just uh stuck with um, you know, um me and my my siblings. And so I think it it carries on into trading.

No, no, I think it's for sure. It's not even I think it's a hundred percent it carries on to trading. I I'm I it and and and this is why uh first of all I honor you and I I wanna just say take a moment and and say I respect uh you for pursuing what you want in your life and and and you know giving this trading experience uh uh uh uh you know uh working towards it and and giving it a go and putting in the work because you chose

not to fall to the to the norm of the conditioning and you chose to break free from it to to give this a real go for yourself. And that's a very good indicator that you trust in your abilities. And you you you are putting yourself first. So I wanna I wanna take a moment and acknowledge that because that's very powerful. And that's important that you give yourself credit for it because from what I'm reading today, I I think you're a person that you don't give enough credit to yourself.

Yeah, I'm pretty hard on myself and Yeah, and doing all this is it's it's it's just so hard. You know, it's scary. Scary to break free. I know it's so scary. And and trading alone is already scary. Yeah, it doesn't have to be and and and and and the but the idea is w moving away from the pressure

and bringing in the the right thought process and self belief and doing things from a grounded with the right skill set and and taking things step without the pressure. Because imagine everything we're speaking about, like you, the the level of Uh you know, you mentioned you've been trading for a few years now, correct?

Oh, well, I've been trading s since twenty fourteen, but that doesn't mean I've been trading for ten years. So sometimes when I see that people think, Oh, you're a seasoned trader. No, I'm still, you know, developing and yeah. So but But you have experience, right? You have experience. Definitely. So so so so my my my my thing to you and my and what I'm saying is just imagine taking all that wealth of experience that you've gained over the years.

And you put yourself into a space today where you've taken the wisdom and you've let go of all the other the emotions that was associated with that, that that put the pressure and the disappointment and the and the and the and the uh uh you know resentment towards yourself sometimes and and the hard conversations maybe with the family and all those uh stories those emotional stories and you liberated yourself from it

And you are now back to what I call the center, the balance, where it's just you and yourself and you have lit no more pressure and you are actually rooting for yourself. So you believe in yourself. Because what happens is you must understand when we grow up in an environment where uh the expectations are high and we uh are looking to always prove ourselves and to, you know, be seen and to show ourselves that we are worthy.

What happens is there becomes an inner critic inside of us, an inner critic that's ready and stand on standby to go, let me wait for you to make a mistake. And oh my God, I can't wait because here mom's voice comes out or dad's voice comes out. And starts to butch you and make you feel, you know, not

So good. And that's a program at the end of the day. So when we understand that fundamentally, that's what needs to change because you don't need to have that voice because we both agree that our parents did the best they can with the resources they had. That's how they've been conditioned.

That's how they've been conditioned. Now they did that to you because they thought that by the way they approach it, that's they're gonna make you have a better life and security and all the rest that comes with it. Meanwhile, we know in our reality that we know within ourselves what makes us happy and what doesn't. No one can tell us what makes us happy and what doesn't. No one can tell us what

freedom looks like. We want to break the pattern. The new generation of traders out today are traders that want to break the pattern. They want to create more financial freedom for themselves. because they want to move away from the old paradigm of thinking, the old paradigm of doing things. Play it safe. Do a nine to five job that you you hate.

And makes you feel miserable. But it's safe and it's secure and it's and it's certain, right? Certainty, you know, but but in reality it's killing your soul sl it's killing you slowly and and it's br and it's and it's almost, you know, your soul is Exactly. Soul sucking and soul screaming inside of you. And tell ya we've all been there, like there's none of us

That haven't been there, you know, I've all of us have been to in that space at one stage of our life. I call it the previous life today. But the most important thing is when you start to have everything in in your being, in your conditioning inside of you. Rooting for you and taking away all the pressure and having a better loving communication within yourself, then you start to believe you're worthy.

Then you start to believe you're good enough. Then you start to trust in yourself more. Then you start to have more confidence. All of these qualities are qualities we all need as a trader in this trading space to to to sustain and maintain, not to wait for something to go wrong and then blame ourselves. I mean, it's a completely different experience if you think about it for a moment. Yeah.

Excuse the last interruption here. This is Tessa. We hope you're enjoying this episode so far. If you love the podcast, Please give Chatwith Traders the best review you can on whatever platform you're listening from. This will help us to keep the episodes coming. Also, if you haven't subscribed to our email list, please hop on to chatwithraders.com and click on subscribe. so we can keep you posted of information that may be of importance. Thank you. Now back to the chat with our guests.

Yeah. And and you mentioned confidence. It's so important. I uh had to create that confidence for myself, just small little wins. to kind of build up that confidence, especially when you're working by yourself, trading by yourself. It's it's hard. Like you you have to work extra hard at pumping yourself up and And and you know listening to uh other traders and podcasts like correct chat with traders and other podcasts. You you have to like constantly do that. Otherwise it's so easy to give up.

Yes, hundred percent, hundred percent. And and and it and remember, look, it's a process. That's what we always say. It's not something that's gonna happen overnight. It's a process. But in that process you have to. It's it's whether you realize this now or later. You have to have the right mindset and belief system.

and emotional intelligence to get you there. If those are playing against you, it just makes it it prolongs the experience longer. It makes it more frustrating. And that's why sadly today many traders don't succeed. because they lack those qualities within them. Yeah. So true. I know we've gone past our our time, but uh and I know it's late for you in Dubai. No problem.

Thank you so much, Sam, for your wisdom and for sharing your knowledge and sharing what you do with us traders. For for listeners who want to learn more about you, what's the best way to um reach out to you?

Sure, sure. Thank you for that. So the uh anyone can reach me, uh reach out to us at the conscious trading academy dot com. Uh my profile is on there, my details on there, David Capablanca's details on there. That's the easiest way. They can also follow me on Instagram. I'm not a big Instagram person, but I'm starting to uh get on there now more and more often. It's Sam dot deGash. They can follow me on there on Instagram as well.

Um yeah, and they were welcome to reach out, ask any questions. We have a great conference that we myself and David do in in in in California in LA uh once or twice a year. The next one is coming up in October. eleven, twelve, and thirteen. And we have traders from all around the world and across the US that that come through for deep diving into the world of what we're speaking about, but also bringing in

David's uh skill set and and trading strategies as well that just combine that holistic. We we need the skill set, like we're not shouldn't forget, we need to be skillful skilled traders. But equally important, we need to mention we need to have everything else we spoke about today to make that journey much more easier for us and to and to really live live that experience. But really, thank you so much, Tessa.

Um yeah, I remember checking your YouTube video on on your the last few conferences you had and I really liked um the energy, the kind of the vibe. And so thank you. So both you and um David will be there working with okay. Yes, yes. We we we we we host it. We host it. Um and it's we have we have a three days and first day is uh is a VIP for the VIP. We we sit together and we on the fifty fourth floor in the US Bank Tower and we have a mo we have a meet and greet.

Mastermind conversation. And you know, he also does a tour to his podcast for some, for some, some visitors that like to see his setup. Saturday is the full conference day, which I'd love you to come by the way, to say if you're if you're around. Uh we have a full day conference with like minded traders like yourself coming in, learning from each other and having actual experiences. So I

I teach them how to to program themselves. I I use I do certain things that hasn't been done in this space with all honesty. And then the third day, and and obviously David has his sessions as well. And then the third day, usually we have a guest speaker as well. And uh we surpr surprise guest speaker and we also do a mastermind in the athletic club in LA. Beautiful places. Sorry, I didn't mention Saturday. It's in the Hilton in in downtown LA as well. And it's really just about

Bringing people together with the right intention and attention to grow, to self develop themselves, but but being practical about it, you know? Moving away from the fluff and actually going here are actual tools and science. That you can take home with you and you can start learning how to apply it yourself. Like one of the things I mentioned today, for example, priming.

How do you actually do that correctly? How do I condition myself? So these are the sort of things we like to get into and and and and and cover the science behind it as well. Great, awesome. Oh, thank you again, David. I mean sorry. Thank you again, Sam. Thank you. You were just mentioning David and I was like

Uh it's all good. David is David is a dear friend and we are all oh you know, uh w we are one and uh to be honest, we're very, very, very uh passionate about what we're doing. But but Ian, thank you for being on the uh uh listening and and really Tess, I I really enjoyed the call with you. Um I I love the fact that you were also um open and and and I appreciate the vulnerability uh that you that you allowed today. So I really honor you for that. So thank you very much. Thank you.

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