In this special episode of the Tools of the Trade Podcast, guest host Sonal Darbar interviews trading legend Tom Basso. The episode delves deep into the timeless question: 'Which comes first, the mindset or the strategy?' Tom emphasizes the paramount importance of mindset in successful trading, sharing personal experiences and strategies that have shaped his serene approach over decades in the market. From awareness practices to the integration of AI, Tom covers it all. He also discusses how trading fits into a balanced and fulfilling life, highlighting the need for traders to have diverse interests and hobbies outside of trading. This episode offers both seasoned traders and newcomers valuable insights into maintaining emotional equilibrium and achieving long-term trading success.

Watch the Video Podcast on YouTube here: https://youtu.be/VdN4_1R69tA

00:00 Introduction 01:52 Welcome from Guest Host Sonal Darbar 03:20 Tom’s Motivation for a Mindset Specific Episode 08:33 Anthony Crudele 10:10 Chicken or Egg 12:05 Can You Engineer Self Out of System 18:01 $108k Mistake 19:04 AI: Who is the Captain of Ship? 20:04 Awareness, Book Report Story 23:06 Basketball in College 24:39 Public Speaking Course 25:18 Awareness & Trading 27:54 Post-It Note "Be Aware" 29:37 The Observer 30:54 Clip: Talents, Mental Weaknesses 35:41 Mr Spock Realisation: Does Emotion Outweigh Logic? 40:16 Commanding Self to Relax, Physical Cues: Stressed Hand Clench 42:48 Aware of Physical Cues, Let Go, Choose to Relax, Face Emotion Exercise 44:45 Angry to Happy in 60secs 45:32 Live Relaxed 47:03 Movie: Associated vs Disassociated 52:54 Discipline & Awareness 55:46 Wins: Feel Nothing, Losses: Feel Everything 59:56 ETR Comfort Ratio 01:02:06 Find Your Facination Outside of Trading 01:08:15 Obsession: Jiro Dreams of Sushi 01:13:34 One final question: Group Support in Trading

For more information about Sonal Darbar & Rfactory visit us at https://www.rfactory.io

For more information about Tom Basso visit https://enjoytheride.world

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