15 Best Jared Tendler Quotes for Traders
Nick Schmidt
Nick Schmidt is a co-founder of TraderLion and Deepvue with over 10 years of market experience. Adopting a “less is more” philosophy, he focuses on weekly charts with an emphasis on price and volume.
August 12, 2024
Jared Tendler: Trading Psychology Coach
Jared Tendler is a mental game coach. He works with traders, poker champions, entrepreneurs, esports athletes, and PGA Tour players worldwide. He’s best known for his books, The Mental Game of Trading, and The Mental Game of Poker. Jared’s interest in mental performance came from his own experiences. As a three-time All-American, he won nine college tournaments but often struggled under pressure in major events.
To tackle these issues, he earned a master’s degree in counseling psychology and became a licensed therapist. Jared’s coaching methods help people overcome mental blocks and perform at their best.
Jared Tendler Quotes
Quotes on Emotional Awareness and Management
Emotional awareness is key to trading success. Jared Tendler highlights the importance of recognizing and being aware of your emotions. Emotions like fear, greed, and anger all affect decisions. By managing these feelings, traders avoid impulsive actions. This helps stay focused and think clearly.
Your emotions are not the problem; it’s how you react to them that determines your success in trading.
Jared Tendler
With all of this focus on how emotions interfere with your performance, it’s tempting to write them off as bad. Emotions, however, are key to reaching your peak. They are an essential source of energy to fuel your performance. In this regard, an emotion is neither good nor bad.
Jared Tendler
If you want to keep your emotions from affecting your decision-making, you must be able to recognize they’re rising in real time and take action before they cause your mind to malfunction.
Jared Tendler
Early on, you’re going to fail when tilt, fear, or greed shut down higher brain functions. The key is working hard to lengthen the time that it takes to fail and to minimize the execution errors when you do.
Jared Tendler
When the emotional system becomes overactive, it shuts down higher brain functions.
Jared Tendler
Quotes on Self-Reflection and Improvement
Self-reflection is important for trading success. Jared Tendler stresses its importance for long-term growth. By reviewing your thoughts and actions, you spot hidden habits.
Emotions, thoughts, actions, and even trading decisions provide data on how we operate at an unconscious or instinctual level.
Jared Tendler
The moments after making mistakes provide a tremendous opportunity to identify how you actually got to that point.
Jared Tendler
Writing is a great tool to work around the limitations of the mind. As overthinking creates confusion and clutter in your mind, writing helps you to find answers more efficiently.
Jared Tendler
Successful traders don’t just analyze the market; they analyze themselves and constantly work to improve their mental game.
Jared Tendler
Quotes on Confidence and Humility
Jared Tendler highlights the importance of balancing confidence and humility in trading psychology. Too much confidence leads to risky decisions, while too much humility causes missed opportunities. This balance helps maintain long-term performance and avoid common trading mistakes.
There are times when your sense of the market is spot on and you make phenomenal decisions, and other times you don’t. Trading is a dynamic profession that’s constantly becoming more competitive. This means that the definition of perfection, or even just solid performance, is a moving target.
Jared Tendler
When you expect perfection, the pressure to avoid mistakes can be such a burden that it keeps you on the sidelines and, ironically, still causes mistakes.
Jared Tendler
The conflicts that most often turn into anger are between you and the market, and you and yourself.
Jared Tendler
What makes solving greed so challenging is that there are actually no flaws to this unique emotion. Instead you’ll find the roots of greed lie in the flaws, biases, and illusions that cause fear, anger, overconfidence, and lack of confidence.
Jared Tendler
Your ability to be at your best is linked to how strong you are when you’re weak.
Jared Tendler
The confidence you have in your trading is not an accurate measure of your competence as a trader.
Jared Tendler