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Mindset

The Psychology of Trading

5 min read

The Psychology of Trading

Key Takeaways

  • 1Pre-trade checklist reduces impulsive entries.
  • 2Risk small enough that you can execute your plan.
  • 3After two losses, reduce size by 50% to protect mindset.
  • 4Detach identity from outcomes; score execution, not P&L.

Summary

β€œYou don't control outcomes, only process. Protect your state so you can follow the plan trade after trade.”

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