Monday, 16 December 2024

Is this movie the secret to Day Trading?

How to get out of “The Matrix…” Have you ever heard that 90% of trading is psychology? Thats because so many traders get stuck looking for perfection. They believe that they should be able to take multiple trades a day and be right all the time. But those high expectations are what leads to overtrading, revenge trading, watching countless hours of videos, and spending years searching for the “holy grail” of trading strategies. The truth is that there simply aren’t that many good trades to take each day. Many of the movements in the market aren’t as predictable as we think and most of them don’t offer the type of risk to reward to make a trade worth taking. Just like in the movie The Matrix, Neo realizes that it’s not about how strong or how fast he is, it’s about letting go.

from TheRealTraderTrainer https://www.youtube.com/watch?v=U5ebj9RDt1k

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What even is trading psychology?

Real. from TheRealTraderTrainer https://www.youtube.com/shorts/3BmAhxWChtc