Patience , A quality needed to be successful in markets.
But when the real capital is put at risk, The patience goes for a toss.
Thread on Why Emotions overtakes patience -
1. Mindsets-
Decisions are taken by either the Higher mind (Frontal lobe) or the Fear based mind .
When decisions are informed by our higher mind, they are more likely to lead to positive outcomes. decisions driven by survival instincts from the past can hold us back.
Primitive mindsets are characterized by a feeling of urgency, high stakes, rigidity, and repetitiveness.
The moment that real capital is put at risk in trading, everything changes ,Trading goes from a logical exercise to a game of emotions.