The idea of winning is so appealing to all of us. That adrenaline rush of making it big, finishing strong, and even acquiring so much, excites us.
Now, there is nothing wrong with wanting to win. The problem arises when we think of winning as something we can ALWAYS control. This is the type of mentality that is dangerous not only in a general sense, but especially in trading.
What if one loss after the other suddenly hits you? What if the results do not turn out as planned? Will it catch you off-guard and react impulsively or will you easily accept defeat and surrender?
In this episode of the Trading Psychology and Mindset Podcast, I deep dive into this kind of mindset that sets traders up for failure and how history of successes in other fields brought about by the usual winning mindset do not automatically guarantee success in the trading world.
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See you on the next one!
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