I think we all know that successful trading is as much a game of the mind and our psychology

than it is about having the best rules to follow.

And I'm delighted to share with you today some deep insights from a conversation I had with Scott Foster.

Now, Scott is not your typical trader as he draws on his exposure to Aristotle and Plato as well as

Austrian economics and magic in his search for logic and universal truth that eventually shows

up in the psychology of the markets. So sit back and relax and enjoy these unique views and

observations from Scott.

And if you would like to listen to the full conversation, just go to top traders onplog.com

forward slash 27 and also forward slash 28.

I approach the whole trading situation from, you know, a real blend of philosophy and psychology.

And we've talked a little bit about the psych stuff, but not a lot.

But the philosophy, really, to me, was a bigger element, a bigger issue in terms of pushing me in a certain direction on how my trading was going to look

and what I needed to do to support a particular style of trading. And that goes back to, you know,

it's a gradual process that's happening those early years that I was talking about trading for

myself and trading for the small trading group that I put together.

And then my experiences, my three years, senior trader at AO management. And, you know, you go through

this whole process. And as you were, as the whole time, I'm looking at, you know, what is my

strategy? How do I want to approach the markets? What is my strength? And what do I want to do?

And I kept having a problem reconciling all the different strategies that I was reading about.

There was a certain philosophical hiccup in my brain that I could not get my arms around.

And what it was was the fact that, you know, my background in philosophy

is more geared toward ancient philosophy. You know, my father had me turned on to Aristotle

...