Becoming a Trader with Unshakeable Self-Confidence
The Self-Belief Feedback Loop, Conflict-Avoidance Theme and What Your Brain Thinks Of Yourself
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Self-confidence isn't incorporated into our DNA; it’s a muscle we develop through experience and practice.
Everywhere we turn, especially on social media, we're slammed with the importance of patience, discipline, and consistency.
But the truth is, without self-belief, it’s quite impossible to be patient to wait for your entry, disciplined to ride it till take profit, and consistent to do it all over again.
Sure, having confidence in your trading strategy is crucial. I know many traders who've got their strategies down to a science backed by extensive data. Yet, they still battle with self-doubt, and that is reflected in their performance:
They might nail the perfect entry but go in with less size.
They know what they need to see to pull the trigger, but hesitate when the time arrives.
They’re running a profitable trade, the market retraces, and they exit early.
Until you break free from this pattern, self-doubt will creep into your trading decisions.
This week, we're exploring three vital topics:
The low self-confidence feedback loop
How conflict avoidance affects trading
What your brain thinks about you.
The task at the end is your opportunity to apply the knowledge.
If you’ve been suffering from a lack of self-confidence, I’ll help you align your trading with your goals and core values.