I dont know how many times I have to repeat this. read my tweets on hiding PNL and the affect focusing on PNL or equity curves has on discipline & impulsive behavior etc. guys, you cannot rewrite biology.. HUMANS ARE NOT DESIGNED TO TRADE. As crazy as that sounds, read that again 
Our brain is predominantly wired to do what?
to AVOID risk
to AVOID losing resources
to AVOID admitting defeat
to get REVENGE
Those are things that helped us survive as hunters & gatherers in the wild. But notice how that's the EXACT opposite of what u need to be a good trader
to AVOID risk
to AVOID losing resources
to AVOID admitting defeat
to get REVENGE
Those are things that helped us survive as hunters & gatherers in the wild. But notice how that's the EXACT opposite of what u need to be a good trader
That is why traders can bring their knowledge up to 9/10 after endless hours of study, but still struggle with discipline even 2-3 years later. Why do u think the the discipline part is so hard for almost everyone? u think everyone is just retarded? no. it's a neurobiology issue.
So to be profitable u HAVE to train yourself to look past the money and focus on robotic, systematic execution instead. The moment u think "money, PNL etc" ur brain goes full retard & starts going in self preservation or vengeance mode. FOCUS on execution not $
#BearTipOfTheDay
#BearTipOfTheDay
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