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wetalktrade - trading mindset

wetalktrade – trading mindset

Frustration indeed leads to learning. I was watching an interview of a professional athlete very intently. He was talking about playing against one of the best teams in their league. Instead of being intimidated by the prospect of playing such a highly dominant team, the team said to themselves

“These are the games you really look for. They force you to test yourself, to find out what you are doing well, and what you need to work on.”

If there is a mindset or quality I’d like every trader to acquire, it would be what the athlete conveyed. They looked forward the challenge they were up against.

They weren’t worried so much about making mistakes or about not being able to handle the more dominant team.

If they couldn’t, it means they had things to work on.

Frustration Leads to Learning

Developing traders need to adapt this mindset. Losses happen. You are frustrated at times. The market behaves like that. This experience might last for hours, days, week...

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