Why Most Traders Fail: The Hidden Danger of a Scarcity Mindset

Most traders don’t fail because of bad strategies — they fail because of how they think. If you’ve ever felt like every trade has to work, you might be trapped in a scarcity mindset - one that fuels fear, doubt, and hesitation every time you enter the market. In this episode of Talking Trading, trading mentor Louise Bedford talks with mindset expert Rik Schnabel about how to escape the mental traps that sabotage your results. You’ll learn how to replace fear with focus, rebuild your confidence, and finally trade with abundance and clarity. 💡 Whether you trade stocks, ETFs, or CFDs, this episode dives deep into the psychology of success and what it really takes to become a consistent, confident trader in the Australian sharemarket. 🎯 Tune in now to transform your mindset — and your trading results. ------------------------------ If you’ve been trading for a while but still feel like you’re spinning your wheels — I get it. It’s frustrating watching others move ahead while you’re stuck in the same place. Let's pinpoint what’s holding you back and map out your next steps. Fill out the short survey at survey.tradinggame.com.au and lock in a phone call with Louise. This could be the conversation that changes your trading life.   A quick reminder... The special introductory fee for my Mentor Program Pro course is ending soon. This 6-week repeat-for-free course could be the turning point in your trading life. Visit tradinggame.com.au/mentor and secure your place while the offer lasts. Trade confidently. Louise Bedford is a best-selling author and founder of www.tradinggame.com.au and www.talkingtrading.com.au. Facebook YouTube Twitter LinkedIn