🧵Logic will MURDER you as a trader
Human logic is based on survival instincts - decisions that yield immediate outcomes
We make “safe” decisions logically, to protect ourselves
Right?
Wrong.
👇
Human logic is based on survival instincts - decisions that yield immediate outcomes
We make “safe” decisions logically, to protect ourselves
Right?
Wrong.
👇
“Safe” decisions that traders make based on normal logic
Cutting loser before SL = saving oneself from loss
Not executing = staying safe from loss
Taking profits early = ensure profit
Breaking rules to enter trade = making sure not to miss out
Is this “safe”?
👇
Cutting loser before SL = saving oneself from loss
Not executing = staying safe from loss
Taking profits early = ensure profit
Breaking rules to enter trade = making sure not to miss out
Is this “safe”?
👇
The root cause of these decisions is fear
While this may sound logical to most people, even people successful in other walks of life, this will dismantle you in the markets
👇
While this may sound logical to most people, even people successful in other walks of life, this will dismantle you in the markets
👇
As traders, we must elevate to make decisions based on delayed results
Following our system
Thinking in probabilities
Understanding losing is ok
Following our system
Thinking in probabilities
Understanding losing is ok
To succeed in trading is to think from our higher level selves
The markets are volatile, we mustn’t be
Reacting to immediate outcomes (our nature) will cause emotional swings
Understanding that success is built over time (higher thinking) is the only way you will make it
The markets are volatile, we mustn’t be
Reacting to immediate outcomes (our nature) will cause emotional swings
Understanding that success is built over time (higher thinking) is the only way you will make it
Loading suggestions...