🎧 Episode Title: Episode #7 - Banking on the Past
🎙️ Episode Description:
In this episode of Risk On, we trade things up for something even deeper - your subconscious. Ben explores how your earliest money memories and childhood financial programming may be quietly influencing your trading decisions today.
From inherited money scripts like “money is bad” or “there will never be enough,” to the way family dynamics shape risk tolerance, this episode unpacks the hidden drivers behind impulsive trades, hesitation, overtrading, and more. Drawing from powerful psychological research and real trading behaviour studies, Ben connects the dots between your upbringing and your performance in the markets.
Expect practical takeaways too - like how to identify your money script, challenge it, and begin reprogramming your nervous system for better decision-making under pressure.
Because in trading, it’s not just about the strategy.
It’s about the story behind the strategy.
#Trading #RiskManagement #DayTrading #SwingTrading #TradingPsychology #TradingPodcast
Reference List
Cheong, C. S., Tan, G., & Zurbruegg, R. (2021). Risk-relevant early life experiences and individual trading activity. Finance Research Letters, 41, 101819. https://doi.org/10.1016/j.frl.2020.101819
Montford, W. J., & Timmerman, I. C. (2024). Avoiding financial information: The roles of fate and money beliefs. Journal of Consumer Behaviour, 24(1), 139–155. https://doi.org/10.1002/cb.2410
Forbes Magazine. (2022, July 22). Understanding Money Scripts: How Childhood Beliefs Impact Financial Behaviour. Forbes Magazine. Retrieved from https://www.forbes.com