Focus on the process, not just the outcome from "summary" of Mastering Trading Psychology by Mike Baehr,Andrew Aziz
When it comes to trading, it is easy to become fixated on the end result. Every trader dreams of making a profit and achieving success in the market. However, what many fail to realize is that the outcome is simply a reflection of the process. It is the steps you take along the way that ultimately determine whether you will be successful or not. By focusing solely on the outcome, traders often overlook the importance of the process. They become so obsessed with making money that they forget to pay attention to the strategies they are using, the decisions they are making, and the emotions they are experiencing. This tunnel vision can be detrimental to their trading performance, as it can lead to impulsive decision-making, emotional trading, and a lack of discipline. To t...
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