MrMastering
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Hi everyone,
I recently published a short talk about how the "never give up" mentality we learn in sports can actually lead to some of our worst trading decisions.
In most areas of life, grit and determination pay off. But when we bring that same attitude into trading — refusing to take a loss, chasing back money we just lost, or sitting in front of the screen until we're "even" — it often ends in bigger drawdowns.
In the video I discuss:
• Why pushing harder can be a liability when markets are involved.
• How determination can morph into stubbornness and revenge trading.
• The importance of directing your determination toward system development and process instead of outcome.
If you're interested in the psychology side of trading, or if you've ever found yourself overtrading because you "just knew" you had to make it back, you might find it helpful.
Here's the link:
Would love to hear if anyone else struggled with this and what helped you shift your mindset.
Thanks,
Mr Mastering
I recently published a short talk about how the "never give up" mentality we learn in sports can actually lead to some of our worst trading decisions.
In most areas of life, grit and determination pay off. But when we bring that same attitude into trading — refusing to take a loss, chasing back money we just lost, or sitting in front of the screen until we're "even" — it often ends in bigger drawdowns.
In the video I discuss:
• Why pushing harder can be a liability when markets are involved.
• How determination can morph into stubbornness and revenge trading.
• The importance of directing your determination toward system development and process instead of outcome.
If you're interested in the psychology side of trading, or if you've ever found yourself overtrading because you "just knew" you had to make it back, you might find it helpful.
Here's the link:
Would love to hear if anyone else struggled with this and what helped you shift your mindset.
Thanks,
Mr Mastering
