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Let go of the need to be right from "summary" of Trading in the Zone by Mark Douglas
The concept of letting go of the need to be right is a crucial aspect of successful trading. When traders hold onto the belief that they must always be right, they set themselves up for failure. This need for certainty can cloud their judgment and lead them to make irrational decisions based on ego rather than logic. By releasing the need to be right, traders can approach the market with a clear mind and open themselves up to new possibilities. They can accept that they will not always be correct in their predictions and that losses are a natural part of the trading process. This mindset allows them to focus on managing risk effectively and adapting to changing market conditions. When traders are not...
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