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Focus on process, not outcomes from "summary" of Trading in the Zone by Mark Douglas
When you focus on the process instead of the outcome, you are essentially concentrating on the actions you need to take rather than the end result you desire. This shift in mindset is crucial for achieving success in trading, as it allows you to fully immerse yourself in the present moment and make decisions based on your trading plan and strategy, rather than being influenced by external factors such as fear or greed. By focusing on the process, you are able to detach yourself from the emotional rollercoaster that often comes with trading and make more rational decisions that are in line with your objectives. When you are solely fixated on the outcome, you are more likely to become attached to the result and let your emotions dictate your actions. This can lead to impulsive decision-making and a lack of discipline, which are detrimental to your overall tradi...
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