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The Mental Edge: Trading Psychology Podcast
Sarah Banwart
7 episodes
1 day ago

The Mental Edge is a trading psychology podcast for traders who want to understand the neuroscience behind their emotional reactions at the charts. Hosted by Sarah, a retired therapist turned trader, each episode breaks down the neuroscience of trading psychology and gives you practical tools to regulate your nervous system, build confidence, and trade from identity instead of impulse. No hustle culture. No shame. Just real science and real solutions.

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All content for The Mental Edge: Trading Psychology Podcast is the property of Sarah Banwart and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.

The Mental Edge is a trading psychology podcast for traders who want to understand the neuroscience behind their emotional reactions at the charts. Hosted by Sarah, a retired therapist turned trader, each episode breaks down the neuroscience of trading psychology and gives you practical tools to regulate your nervous system, build confidence, and trade from identity instead of impulse. No hustle culture. No shame. Just real science and real solutions.

Show more...
Investing
Business
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Why You Trade Well on Demo But Fail on Live Accounts
The Mental Edge: Trading Psychology Podcast
29 minutes 30 seconds
2 weeks ago
Why You Trade Well on Demo But Fail on Live Accounts

Your nervous system completely reorganizes the moment you switch from demo to live trading.

What You'll Learn:

  • Why your brain shifts from pursuit mode to protection mode when you activate a live account
  • The dopamine crash that happens right after you pass an evaluation (and why it feels like anxiety)
  • How your amygdala hijacks your thinking brain when real money is at risk
  • The 3 patterns that silently destroy live accounts
  • The 3 exact scenarios where demo traders blow their accounts (and what they feel like in your body)
  • The NAMES protocol: a 5-step nervous system regulation technique you can use in real time
  • The daily audit that tells you whether you're in a state to trade or not
  • What your trading looks like when you learn to bring the same regulated state from demo into live

THE NAMES PROTOCOL

Use this protocol any time you feel activated on live (chest tight, stomach dropping, urge to close early, pressure to force a trade)

N - NAME the sensation out loud

  • Say out loud: "This is anxiety" or "This is urgency" or "This is fear"
  • Do not say this in your head. Say it OUT LOUD.

A - ACKNOWLEDGE the state change

  • Say out loud: "My nervous system shifted from demo mode to live mode. This is protection mode activating. This is normal. This doesn't mean I can't trade live."

M - MOVE your body to signal safety

  • Deliberately drop your shoulders. Let them fall.
  • Plant your feet firmly on the ground. Feel the weight of your body in the chair. Feel your feet on the floor.

E - EXHALE to activate your calm response

  • Breathe in through your nose for a count of 4
  • Exhale slowly through your mouth for a count of 6
  • Repeat 3 times

S - SIT STILL for 90 seconds

  • Do absolutely nothing for 90 seconds
  • Don't touch the trade. Don't adjust your stop. Don't close anything. Don't open a new chart. Don't force an entry. Don't move.
  • Observe the urge like you're watching a wave in the ocean
  • Let the urge rise, peak, and fall on its own

THE DAILY AUDIT

Complete this every single morning BEFORE you open your charts

Score yourself on a scale of 1-10 in each area (1 = worst, 10 = best):

  1. Emotional stability - How stable do you feel emotionally right now?
  2. Physical tension - How much tension are you holding in your body?
  3. Intrusive thoughts - How much are intrusive or racing thoughts present?
  4. Impulsivity - How impulsive do you feel right now?
  5. Patience - How much patience do you have available today?
  6. Mental clarity - How clear and focused is your thinking?

Add up your total score:

  • Above 42 out of 60: You're in a reasonably regulated state. You can trade.
  • Below 35 out of 60: You are NOT in a state to trade today. Step away.

Want more? Subscribe to my weekly newsletter for trading psychology insights you won't find anywhere else: https://mentaledgetrading.co

Disclaimer: I am a retired therapist and no longer practicing. I am not a licensed professional providing clinical advice. Everything shared in this podcast is for educational purposes only and is not a substitute for professional mental health care or financial advice.

The Mental Edge: Trading Psychology Podcast

The Mental Edge is a trading psychology podcast for traders who want to understand the neuroscience behind their emotional reactions at the charts. Hosted by Sarah, a retired therapist turned trader, each episode breaks down the neuroscience of trading psychology and gives you practical tools to regulate your nervous system, build confidence, and trade from identity instead of impulse. No hustle culture. No shame. Just real science and real solutions.