035 – Interview w Richard Friesen MindMusclesforTraders.com

Richard works with independent and professional traders who want to increase their consistent profits. His neuroscience-based Mind Muscles™ model gives his clients the opportunity to reach their goals with online training, simulations, interactive exercises, group support, and real-time decision processes.

Richard has been a futures broker for Merrill Lynch, a floor trader on the CME, CBOT and the options floor of the Pacific Exchange where he built and sold a successful options trading firm. He also founded and built a financial software company and is the inventor of ten significant trading interface patents. This combined with his Master’s Degree in Clinical Psychology, NLP Master’s certification, and neuroscience focus, brings a unique framework to trading success.

Show Notes

  • Richard's extensive experience in the trading world, including his roles as a futures broker, floor trader on various exchanges, and his entrepreneurial ventures in the financial industry.
  • He explains how his background in philosophy and psychology led him to focus on self-awareness and mindset in trading.
  • He introduces the concept of the pyramid, detailing the layers of knowledge, skill, beliefs, behaviors, and identity, and how these psychological aspects impact a trader's success.
  • He shares a personal story about a limiting belief related to his worthiness as a trader and how he overcame it through self-awareness and a shift in mindset.
  • We discussion about specific limitations in trading, often rooted in childhood experiences or beliefs.
  • How to utilize NLP techniques and hypnotherapy to uncover subconscious beliefs and physiological responses related to trading.
  • Techniques to release emotional trauma and limiting beliefs, allowing clients to move towards new, positive behaviors.
  • Richard introduces the Mind Muscles model, designed to identify and address limiting beliefs and behaviors.
  • Origin story of the Mind Muscles model, starting from his personal experiences and expanding to work with traders on various trading floors.
  • Discussion on the prompt that led Richard to write his book, “The Private Conversation with Money.”
  • Exploration of the challenges traders face related to guilt or lack of rapport with making money, especially in the context of having good hearts.
  • He emphasis on the importance of self-care and addressing personal limitations, especially in the face of global anxieties and concerns for future generations.

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