03/09/2026
POSITIVE TRADING PSYCHOLOGY
It’s a surreal privilege nowadays to read ‘s new book while flying to see him speak live this past weekend at the Trading Summit (Brett is an incredible speaker full of expertise, humor, & real-world anecdotes).
Here is what I took away from his new book, Positive Trading Psychology:
-Go broad before you go deep.
-“Successful traders, like successful businesses, embrace the beginner’s mindset: they love learning new things. Their true edge in the markets is the ability to discover and pursue fresh edges.”
-Consistency isn’t about consistency of outcomes. Trading has slumps, drawdowns. It’s inevitable. Consistency is applying the same process to grow and evolve through those periods of outcome variance.
-“Whatever will make you successful in trading is something that, in some way, you’ve already done successfully in another arena of life.”
-“If we don’t have very concrete plans for losing and drawing down, we cannot prepare ourselves for the levels of risk-taking that could make us truly successful
See my video on this: youtu.be/o7DfwJTC_Ow?si…
-Positive psychology is holistic. It begins with your morning routine. It consists of your trading routine. It consists of your relationships and activities outside of trading. And ends with your bedtime routine. Everything you do builds up or breaks down your psychology.
-I see this all the time on the retail and prop side: working within a trading pod helps every aspect of your trading and Brett notes the psychological benefits as well. You are most resilient to survive the rough patches when you’re part of a team.
-Historically, psychology has focused on the mentally unwell and most people only focus on psychology during the rough patches. This book emphasizes the other side of the spectrum and how important it is to build positive psychology practices.