Trading success hinges more on psychological mastery than technical strategy, as our innate biological drives conflict with the probabilistic and delayed-reward nature of markets, leading to emotional decision-making that undermines profitability.
Mind Map
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Traders love to argue until they're
literally blew in the face between what
is more important between technical
analysis and your strategy and trading
psychology now you could be born with
the most amazing natural-born Traders
mindset in the world and if you are then
then Happy Days good for you but if you
don't have a proven profitable strategy
in your hands then you're not going to
make any money right so at the start of
your journey understandably it is a lot
more important in my opinion to focus on
the technicals to develop that strategy
andove you have a strateg Edge but then
further along in your journey that is
when you quickly realize as you start to
try and scale up trade life Capital Etc
that actually it's about 80 90% of
psychology is going to be the difference
between whether or not you are
profitable at that point now thanks to
the regulations in the EU if we look at
uh many of these regulated retail
Brokers we can see at the top of most of
their their homepages the stats of their
winning and losing Traders on their
websites right so if we can see that on
average about 75% of Traders are losing
then you could be forgiven for thinking
well why don't we just find out what
they're doing right and do the opposite
of it and then that way we can be in the
winning 25% well okay let's dive into
that what is normal in
trading so back in 2015 fxm did a study
of 255,000 of their Traders and they
looked at 43 million trades taken and
they actually saw that 62% of the trades
were winning trades but what's going on
here well when on they took a winning
trade they only made on average a gain
of 48 Pips but when they lost a trade on
average they lost 82 Pips so we can
quickly see here that their losing
trades were almost 70% bigger than their
winning trades so as a result over the
course of let's say 100 trades that's
going to be a 140 pip deficit which
means you have a negative profit
expectancy in the long run now this is
not a strategy problem it's not really a
technical analysis problem there are
hundreds if not thousands if not
millions of profitable strategies out
there you can trade the market any
single way you want um there's thousands
of strategies on YouTube that that are
probably successful this is more of a
human problem and I'm going to show it
to you so an absolute classic
psychological error in trading that I'm
sure you've experienced um I know how I
have in the past is moving your stop
loss to break even when it's not within
your rules to do so so let's say your
strategy tells you to buy here for
whatever reason you get in long and the
market starts moving nicely in your
favor so what do you do you move your
stop loss to break even even if it
doesn't stay in your rules simply
because we want to remove any potential
risk on the table and then as you
probably experienced plenty of times the
market will then come back to your level
stop you out for break even and then
goes on eventually to your profit Target
okay so this is just one of many
mistakes that Traders are making that is
not conducive to a long-term profitable
Edge so if you break your rules by TR
triling your stop loss to break even too
early you know what's the reason you're
scared of taking a loss and the
subconscious reason of that is because
you were trying to avoid the pain of
losing money now Tom hugard did an
amazing lecture on this where he breaks
this down right and there's so many
common mistakes that we as Traders make
right taking low probability or even
invalid trades why do we do that it's
because we get fermo right we're scared
of missing out on potential um you know
profits but what's the subconscious
reason it's the same thing it's to avoid
pain right the pain of potentially
missing out on what could be ours
Another one not executing another trade
after you've taken a winning trade a
reason is usually because well you know
I've made some money I don't really want
to give back any profit today I'm happy
with what I've got but you're not
executing your Edge and what's the
reason again to avoid pain the pain of
potentially giving away that profits
taking profits too early right not
following your management plan similar
thing you want to keep on to what you
have why avoid pain avoid pain of losing
that perceived money of you know what
you've got within your account the other
thing increasing your position size
after a loss why do you do that well you
want to get back to where you were right
you don't want to go home with that loss
you want to get back to break even or or
make some gains why you want to avoid
pain now I'm sure we've all been there
and we sure we'll make some of these
mistakes in the future but it's only
afterwards once you're out of the trade
and you've made that mistake and you
look back and you just think what is
wrong with me why I'm an idiot why do I
keep doing this why am I stuck in this
Perpetual cycle of making mistakes
that's stopping me from getting to where
I need to be okay today I'm going to
show you exactly why that's happening
I'm going to show you why it's not your
fault but then show you the key of what
you now need to do to prevent this from
happening in the future or at least
drastically reduce the amount of times
this happen so we're going to get stuck
into some super es esoteric stuff we're
going to look at biology we're going to
jump into physics I'm super pumped to
get stuck into this so make sure you
stick around but who am I and why should
you listen to me well I am M dony and I
am the founder of photon trading and we
help Traders not just acquire funding
but actually Bank their profit splits
long term using the power of mechanical
strategies so like I was saying you
probably make one of these mistakes you
wonder what is wrong with you but
actually there is nothing wrong with you
we are walking around with the same
brains in our in our heads that were
formed 200,000 years ago okay so we are
literally walking around with the same
Hardware as our Paleolithic ancestors
back then we lived pretty much in an
immediate return environment where
having that fight of flight response was
extremely conducive to survival whereas
only in the last 500 100 years maybe 50
years that we have had insane
technological um advancements that has
led us to now live living in a delayed
return environment okay so our brains
are designed to Value those immediate
returns to respond to those fight flight
responses rather than making the
decisions that are conducive to
long-term success so what does that have
to do with trading well let me
explain when you're in the markets right
you probably experienced this with your
demo trading you have your profitable
strategy it's quite easy a lot of people
can make money but as soon as you have
that real risk on the table whether it's
your own high Capital you've scaled up
you going for funding challenges
whatever it is suddenly It all becomes
way harder right your brain almost melts
and that's because your primitive
survival instincts are taking over that
decision- making and critical moments in
other words when you are stressed it's
extremely hard to make the right
decision when you have risk on the table
okay we are using our primitive andal
brains to try and fight Japanese
candlesticks rather than fighting Toth
Tigers so it's extremely hard to do
because back then you know that is an
evolutionary uh advantage of our brains
right to be wired to want to win and
survive at all costs back then trying to
get your lunch could literally kill you
so you had to believe that you going to
win you had to believe that you're going
to overcome that challenge um and you
were going to be able to you know win
that hunt otherwise you either weren't
going to hunt and then you would die
from Hunger or you'd probably end up
getting killed by that animal right
because you're going in with the wrong
mindset now that has served tons of
evolutionary uh purposes and benefits to
even our lives in the modern world today
right to be competitive to want to win
to do well in business Etc but bringing
in that mindset into trading is a recipe
for disaster wanting to win wanting to
win at all cost wanting to avoid the
pain of losing money we know is going to
lead to the you know not most optimal
training decisions of allowing our Edge
to play out over time okay and to
explain that in a more succinct term it
say from Randy H it says your brain's
short-term survival orientation is going
to compromise your need to take that
long-term perspective in order for your
Edge to work in the Heat of the Moment
okay so what that means is we know we're
going to have losing trades in the short
term losing winning trades right it's
just the cost of doing business but over
the long run we know our AG will play
out but then when you're experiencing
that losing trade in the moment right
that's when your brain goes into
meltdown and we end up making those
mistakes that we just went through
taking your profits too early avoiding
trades Etc because we can't think about
the longterm our brains really really
struggle with that and why it's a
biological reason our brains are caveman
brains they view all Market uncertainty
or any uncertainty in your life any risk
it views it as a direct biological
threat to your life okay so those
Japanese candlesticks on your charts
when they're moving around and you feel
some uncertainty of the market
environment the probalistic nature of
what we're trying to deal with here the
potential that we could lose some money
you're brain sees that as a biological
threat to life that's when your fight or
flight respones kick in and you end up
making those mistakes so let's apply
this to a trade example right as it's a
lot easier to then understand now we've
all probably felt this right we we get
into a trade it starts moving nicely
along in our favor but if price starts
to pull back and go into our stop loss
and then we see you know it flashing red
against us we have that risk on the
table a heart rate starts to go up right
you feel those emotions and that's
because your biology right your your
animal brain is seeing that as a direct
threat to your life and this is when
your emotional brain is going to hijack
your thinking brain and you're going to
you know make those mistakes because it
sees that threat as a threat to life
it's a threat to your Financial Health
um it's a threat to your training goals
right it's a direct threat to you
getting funded potentially it's a direct
threat to you quitting your job um
perhaps it's a direct threat to Your Ego
right maybe you shared your trade before
you got into it in your community or
maybe you posted on social media maybe
you made a post about how you're going
to smash your day and make because of
profits now all of those thoughts are
now swirling around in your brain and
this is like danger danger so at this
moment what do you do well I'm only half
a% down at this point let me just get
out let me just get out cuz I don't want
to take the full loss I'm probably going
to take a full loss so what you do you
close the trade for let's say half an
hour loss and then rep play the price
forward and then ends up going to your
favor if you had have just stucked your
rules and then you look back afterwards
and you just think what did I do why did
I do that and it's because your animal
brain yourid it hijacked your thinking
brain just to protect yourself at all
costs from experiencing any pain so when
our emotions going up like that our
decision making is going to go down and
we'll make decisions that don't appear
to be based on any logic or reason it's
because our emotional brain is taking
control and this is when we make a
number of you know classic and tipical
actions that we've all made and probably
will make in the future and it's all the
subconscious wanting to avoid pain now
we are taught from a very young age that
only winning and being right is pretty
much rewarded right whether you win a
trophy in sports or you get your grades
on your exams now I'm not someone who
believes in awarding everyone a
participation medal but bringing this
you know only winning and being right
mental model which serves us well in
most areas of life but bringing that
mental model into trading it's terrible
it's it's the worst environment to bring
it in it's not a normal environment we
need to be extremely comfortable with
the idea of losing with having that
uncertainty and risk on the table and
dealing with a probabilistic environment
a successful trading mindset requires
you to not care about winning it
requires you to not care about being
right and ultimately all that matters is
that you make money in the long run we
know in a conventional business think
like a brick-and Mor business you have
costs you have rent you have supplies
wages Insurance Etc but then you make
your sales and then hopefully you make
more sales than your costs and your
difference is net profit right everyone
gets that in business it's fine but in
trading most people are trying to avoid
those losses okay but actually if you
just view them as the same way they're
simply a cost of doing business taking a
loss is just a cost of allowing your
Edge to play out over the long run so
that eventually you have a net profit
over time now that's an extremely simple
logical concept for us to understand but
here's the problem we are not logical
beings we are emotional beings who then
try to rationalize our emotions with
logic really it all boils down to the
problem with the brain on uncertainty
our brains our animal brains that we
have evolved with they want to control
the outcome they always want to be right
and it wants to predict the future but
none of those three things are
controllable but we are hotwired to
think that they are and that is what
causes or what is makes trading so hard
in the long run so let's dive into a bit
of biology here right and just think
about two parts of the brain first here
we have the amydala so the amydala we
can think about this as our lower minded
animal this primitive brain that we have
been talking about okay now this part of
our brain it constantly wants to seek
pleasure and avoid pains avoid pains at
all costs so this is where you know our
emotional center of the brain is that is
just rooted to think about survival and
protect us at all cost rights our
primitive brain now here we have the
neocortex so think about this as more of
a higher minded animal this is
responsible for our self-governance
strategic thought and execution okay so
rather than like just thinking about
imminent survival this is thinking more
about you know long-term thrival um and
you know your Advanced thinking part of
the brain okay now when you are stressed
rest which is a lot of time when you're
trading right when you have that risk on
the table um you're trying to go for a
funding challenge whatever it is all
that um perceived sensy information
right comes in and it gets processed by
the amigdala first and that is where
that emotional brain is kicking in with
that flight of fright response and it
essentially can hijack and block that
information going up to your Neo context
which is where your thinking brain is
because the amigdala that makes
decisions in nanc and it leads to you
making impulsive decisions before you've
even had a chance to think you know why
did I even do that before you can um
think it through so our job as Traders
is to try and regulate the emotions that
happen in migler and allow that to come
up to neocortex then we can make the
correct logical decisions that we know
is conducive to long-term profitable
trading so again remember our brains are
amigdala it cannot see the difference
between what is a true danger to your
life right a biological threat to life
biological fear it can't differentiate
that between that and what is literally
just a psychological disc comfort of
having a bit of risk on the table so to
the untrained brain any triggering of
that threat it automatically produces
biological fear responses in our body
right from our primitive brain I'm sure
you've experienced it trade starts going
against you you sit forward in your
chair you feel tight heart rate's going
up you start selling whatever it is that
is what is going on there your brain
can't tell the difference between
essentially like a saber t t sabertooth
tiger coming at you right and just
potentially you about to lose a bit of
money or lose a funing challenge or
whatever it is because you know it seems
so simple I have a plan I'll follow my
rules I'll make money I can do it on a
demo account I can do it on back testing
I bring that plan into live market where
I have that real risk on the table and
as Mike Tyson says everybody has a plan
until they get punched in the mouth okay
fight and flight response will kick in
and then those Behavior patterns of you
know fear and an aggression or avoidance
those will kick in and that's when we
make those classic mistakes so let's
take these two parts of the brain that
we've been talking about and let's draw
them into a diagram and we're going to
jump into some juicy stuff here now
right so
think about your higher animal mind at
the top this is your soul your objective
truth down at the bottom this is our
lower animal mind right our primitive
brain think of this as like the Physical
Realm so all of our senses what we can
see what we can touch and what we can
smell what we can hear Etc so up at the
top think of this as light now science
tells us that if you are a particle of
light right you are a photon you do not
have any time you do not have any space
you don't have any charge and you do not
have any Mass okay okay now if you take
two photons two particles of light and
you smash them together they will split
into a electron and a positron okay so
now you have these and these do have
mass these do have charges they do have
space and they do have time okay now an
ion is a charged particle okay that's
what science tells us what psychology
tells us is that an emotional person
right we say they're a Charged person
right they're charged with emotion so
down here if we think about positive
charges right positively charged
emotions Elation right you're completely
happy a lot of people a lot of the
masses are constantly trying to chase
this Elation chase this happiness chase
the positive side right all the
positives without negatives they're
trying to chase the winning trades and
avoid the losing trades avoid losing
money all they want is that but the more
that you swear away from being centered
and balanced the more you trying to
chase that one pole chase that one side
Chase only the winning trades in the
happiness guess what's going to happen
you're going to snap back completely the
other way okay so the more that people
are constantly just trying to be elated
you probably met them guess what they're
some of the people that really struggle
with depression when eventually they
snap back the other way they're not calm
centered and balanced in the middle um
and this goes for every polarizing
emotion optimism and pessimism right
Pleasure and Pain greed and fear those
are the big ones in trading
so you know the more you chase the one
side the more eventually you're going to
snap back it's Newton's third law right
for every reaction there is an equal and
opposite reaction so the more you sway
away from the center and the middle the
more likely you're then going to snap
back the other way and this is where the
masses are the down at the bottom trying
to chase the one side right trying to
continuously Chase pleasure and avoid
pain right getting drunk on the weekend
doing drugs whatever it is just trying
to escape from their mindset and what
happens the more they chase that the
more they push it comes Monday they're
going to swing back to that depression
that hangover and that anxiety okay so
this is where the masses are down here
now what I want you to think about the
reason why I've drawn the diagram like
this like a triangle is that there's a
pendulum okay swinging down here so this
is where the masses are swinging from
pole to pole from trying to chase the
positive swinging back down to the
negatives okay so this is a low
vibration now as you become more and
more centered and you don't chase the
two sides and you stay in the middle
right naturally your pendulum is going
to swing less and less and less and
you're going to get smaller and smaller
vibrations so you're essentially
vibrating on a higher frequency okay so
evolution is towards the light so our
job as Traders is to do that right is to
stop swinging between those two poles
and to try and see things objectively as
they are rather than being blinded by
our emotions um you know in the moment
what we spoke about okay that's where
the Masters are the winning 10 20%
whatever it is of Traders at the top
they're the ones who can do that so down
here remember we have our lower animal
mind the emotional Center up at the top
is our higher thinking mind where we're
no longer you know swayed by those
emotions but we can see things
objectively as they are so to try and
bring this back into a more simple
example of what we're talking about when
we made all of those mistakes before
you're in a trade the emotions get high
you break your rules you jump out of the
trade whatever the mistake is afterwards
that evening the weekend whenever it is
and you Journal your trade the emotions
are no longer there because the risk is
no longer on the table right it's over
you can think about it with your higher
mind that is when you are calm and
centered and you can see ah this is what
I should have done oh there was negative
or positive Confluence that I can see
now but I missed it in the moment
because I was so attached to one side
right you know like your your um you're
in a trade and it starts going against
you all your brain can see on the chart
is reasons as to why you should get out
of the trade right you are blinded to
the objective truth saying everything
your brain literally plays tricks on you
because it wants you to avoid that pain
your middle is trying to protect prot
you so it just wants you to get risk off
the table your migdala um you know takes
over and it's not letting that
information pass through up to your um
thinking brain so another way to think
about this diagram is like you know
let's say you you you win a trade
followed your rules you win a trade do
you then jump up start fist pumping
high-fiving your mes of there like
getting super happy about it posting
screenshots of your mt4 everywhere
getting super excited okay cool you do
that you chase that positive side you're
all the way over the here what do you
think then is going to happen when you
inevitably take a losing trade that's
going to hit you so much harder right
and you're going to swing into that
depression that fear that pain whatever
so the more that you chase the one side
the more naturally you're going to go
the other way so a simple exercise to do
is next time you take those winning
trades going forward win or loss try and
just practice regulating no emotion
right no physical reaction no emotional
reaction just did you follow your rules
did you follow your plan yes and you
should ultimately strive to feel the
same way no matter what right win or
lose did you stick your rules that is
all that matters okay so how do we do
that how do we say centered calm and
balance so we can strive to evolve
towards the light right so we can become
Photon Traders particles of light so we
can see that objective truth and we can
make trading decisions with a higher
mind how do we do that because like we
keep saying right we now know that we
are wired to fail the brains that we are
bought with cannot give us the success
that we seek with trading right because
we are asking our brains to do something
that is a nightmare it's a deal with the
risk and to be okay with it and to
accept it right what Nature has given us
is not what the artificial world of the
market needs right we need to retrain it
and rewire it to be able to deal with
those probabilities to make the right
long-term decisions and to be
comfortable with risk in an uncertain
environment right so how do we evolve
towards the light where we can allow um
you know our thinking brain to be in
control well you've got two solutions
here really the shortterm fix is to
build and develop and acquire a
mechanical strategy right one where you
have a very tightly defined system where
the rules are so crystal clear that you
know what to do in every single scenario
okay and that's going to give you the
biggest chance of being able to stick to
your rules and not let those emotions
dictate your decision- making now the
long term we need to work on rewiring
our brains becoming the designer of our
minds so that we are not essentially
slaves and victims of those faar those
flight or flight responses okay in my
opinion both of these required this is
the path that I'm trying to my own
trading and what we try to teach at
Photon trading okay so mechanical trade
plan if you don't know like I said it's
essentially something that just tells
you what to do in every single scenario
if this happens I do this if that
happens I do that right okay you have a
very tightly defined system because once
you have that you learn a mechanical
strategy you build a mechanical trade
plan you can then quickly prove your
Edge in the market with back testing or
forward testing prove the data behind it
that it works once you have that data
this is the quickest way to get that
more Bulletproof mindset right so you
can rely on the data and you know that
in the long run following those rules
will be profitable that then gives you
the consistent results because you're
making consistent correct actions in the
market and now you have a sustainable
method that you can rely on right to
scale your accounts and to grow your
Capital long term okay and that is
exactly what we help our Traders with at
Photon trading where we literally hand
them our exact mechanical trade plans
for both our day and swing trading
strategies right we help you implement
that into the market we help you collect
data on that to prove it quickly that
your trade plan has an edge your brain
can then see that becomes a lot easier
to follow your rules in the long run
okay and you can see all of our case
studies here on the website some of our
members who have had um yeah really good
success with this so we do this for you
our full endtoend course absolutely
everything is covered even if you have
zero knowledge in the market so this is
all done for you where we literally
teach you and hand you our strategy but
we don't just leave you there we show
you day in day out session by session
how we Implement those mechanical rules
into the market and capitalize on
different market conditions we have
daily session Recaps every single day
going over this in depth markups
analysis a lot and of course we have our
community on Discord um where you can
ask any questions they all get answered
um yeah the level of mentoring in here
is just unrivaled um you you will not
get this anywhere else you can see here
just the course um we've got over 148
lessons I think at the moment um you
know we go super in depth there every
single topic is covered in extreme depth
um you know we have tons of lessons and
even you know more lessons in here
hidden beneath as well as all of the
session Recaps trade Recaps back tests
live meetups that we have um yeah it's
just an insane amount of useful
resources within here and then of course
we also have the community like I said
where um we've got all of our markups
posted every session for three pairs
every day in depth where we go through
this we've got swing channels analysis
channels day trading the lot it is
absolutely insane so if you're
interested click the link in the bio
below I would love to work with you I'd
love to get our plans in your hand hands
work with you to develop them get them
in there build that bulletproof mindset
and start making consistent gains now
all training strategies fit somewhere
along the scale where on one end you
have completely discretionary right so
there's you almost have no rules all the
way to 100% mechanical where literally
that is how you would have to have
something that you have coded into an
algorithm right where there is zero room
for human discretion in my opinion if
you are a manual Trader right so you're
human who executes your strategy I
believe The Sweet Spot is kind of around
that 70 to 80% Mark where you have some
room for human discretion as that's
actually what gives you an edge over
algorithms because you can take in all
of that information based on your
intuition and experience with many
different variables and choose whether
or not to execute a trade okay now even
if you had a strategy that is 100%
mechanical and you had an algorithm
executing it so you're not even getting
involved I've still seen people who have
this in their hands they have access to
an algo and they still let their
psychology get in the way and they mess
it up right it goes into a bit of
expected draw down but their brain can't
handle it their amigdala can't handle it
fight flight response comes in and they
turn off the algo and they wait until
they see the algo starting to make those
profitable trades again right and then
they turn it back on but if you know
anything about trading and trading an
edge that's a recipe for disaster
because you cannot predict when your
winning and losing trades will be okay
we are dealing with random distribution
so no matter what we need to rewire our
brains because the brain that we brought
to training cannot give you the success
you seek until you do this now rewire
your brain it sounds like a bit of an
iffy concept but scientists are now
proving that this is literally
biologically possible through
neuroplasticity which is the ability of
the brain to reorganize itself both in
structure and how it functions okay
beyond the scope of this lesson we're
not going to dive into uh you know the
exact science behind that but it's about
we need to become you know this is what
Randy how talks about learning to become
the designer of the mind that engages
that uncertainty of the market rather
than letting our fight uh you fight or
flight response taking over okay from
our primitive brains this way as he says
we move from the fantasy of trying to
control the outcome trying to control
what will happen in that individual
trade okay we cannot influence that
instead what can we influence we can
focus on the things that we can control
and we can control the mind that we
bring to managing that uncertainty so
what does that mean well it means that
when you have that uncy and risk on the
table and the trade's going against you
you don't interfere okay you feel the
emotion you do not act upon it like I
said here we have random distribution so
you might know your stats tell you that
your strategy has a 60% win rate in the
long run so our brains think yeah okay
every 10 trades we probably have six
winners and four losers but we have no
idea what sequence those wins and losses
will occur and that is an absolute mind
for us it's so hard to deal with
right because we want to win we don't
want to experience those pains and
losses we don't want to have three or
four trades loses in a row right we want
it to be predictable which is really
really hard to deal with so we need to
learn to manage the emotions that give
rise to the mind that engages that
uncertainty right we want to learn with
to approach it with discipline
impartiality and to be patient right to
have that long-term Vision so you're
always going to feel these emotions but
you need to learn to choose one thought
over another let your thinking brain be
in control and as Randy H says you need
to let go of the need to win and then
your job becomes one of performance
instead you need to win every trade it's
not like a sports game you need to be in
control of the things that you control
how do you do your analysis do you turn
up on time do you join all your trades
right all of these things and then when
you have that mental Edge in place that
is then what drives your strategy Edge
successful training is really those
three things having a profitable
strategy having the correct risk
management in place to allow it to play
out and then your mindset is what then
allows you to stick to your rules and to
allow that to play out you need all
three so a good analogy is to think of a
Trader's mindset as like a surfer okay
the surfer is not trying to fight or
control or predict the wave the surfer
lets whatever wave is produced whatever
price action the market wants to do and
he learns to go with the flow right he
learns how to deal with whatever way
whatever wave presents whatever way the
wave wants to move he learns how to deal
with it and go and you know goes with
the flow there so bit of a simple
analogy there but I think it's something
that kind of made a lot of sense to me
that help me to think about that not
getting attached to biases going with
the flow of how price action moves
literally think about about it as order
flow of you with um and yeah I think
it's a pretty cool way to think about
how we want to be because it's Paramount
to think the correct way otherwise
you'll be emotionally robbed of your
greatest opportunity now this secture
was inspired like I said earlier by Tom
hugard the Hermetic principles John D
Martini leis mocka and Randy how so do
feel free to to uh go diing deeper into
some of these resources if you so desire
so hopefully you now understand a little
bit more about the brain what it is that
we are trying to deal with why we make
those mistakes that we make because the
first step is understanding the why
because then that allows you to take the
responsibility of your actions going
forward you now know what you need to do
to start to work on that to start
becoming the designer of the mind to
start trying to regulate your emotions
so that we can not let our our amigdala
our lower animal mind keep taking
control and stopping us from making
those long-term decisions that are
conducive to profitable trading so the
short-term fix get a profitable strategy
the easiest way to do that is make it as
systemized and mechanical as possible
within reason prove your rules collect
data on it and then from there you can
build on it whilst long-term working on
developing the mindset so I really enjoy
this lecture you know there's a lot of
other people in there who have
influenced this that I've taken from and
kind of mixed it all together with those
philosophies that I've now applied to
trading um in a way that makes sense to
me so I hope you guys resonated with
that it's not it's not for everyone um
it is what it is but yeah if you like
that let me know in the comments
otherwise watch these next two videos to
make an instant Improvement to your
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