Sunday, May 10, 2020

Trading Like a Pro 3: Mindset of Winners: Confidence, Work and Character

Here is the link.

Confidence -They have a deep rooted unshakable belief and confidence in their trading ability -They are humble to the power of the market and don't get a God complex. -They are completely honest with themselves and others about their abilities Work and Character -Always adapting with changing market conditions. -Constantly looking for any new edge -They have solid patience -They have a real good understanding at what their strengths and weaknesses are -Spend many, many hours studying, refining, researching, thinking -They focus on improvement one step at a time... A strategy that you used 10 years ago may no longer work or may work with some adjustments. The players change, the market conditions change. If I have a great strategy it won't necessarily work for the rest of your life... This is a game which can be very logical and systematic but a lot of emotions also come into trading. Allowing yourself to think about what is happening with my trading and strategy - how can I improve?



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