The Key to Trading Success: Patience Over Thrills
🎯 Welcome to Com Lucro!
In this special episode, we delve into Brett Steenbarger’s expert insights on the dangers of trading addiction and how it can undermine your success in the markets.
📌 What you’ll learn:
What trading addiction is and how it compares to gambling.
Why treating trading as a business is crucial for long-term success.
The importance of patience and waiting for high-probability opportunities.
How the thrill of trading can sabotage your results.
✨ Shift your mindset to focus on strategy, patience, and consistency. The key to success? Less emotion, more discipline. 🚀
🔗 Learn more with us:
🌐 Official Website: https://www.comlucro.com.br/
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📢 Join the conversation:
What’s your biggest emotional challenge in trading? Share in the comments!
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#BrettSteenbarger #TradingPsychology #TradingAddiction #SmartTrading #TradingDiscipline #TradingBusiness #SustainableTrading #ComLucro
00:00 - I would say two self-destructive behaviors come to
mind immediately. The first, I would call trading addiction. People can be addicted to trading
just like they can be addicted to gambling, and for much of the same reason. Not
everyone trades to make money; some people are trading for thrills and excitement,
and those people do get in their own way. "So, trading is really a business. People
need to think about it as a business. It's
00:23 - not like going to Vegas and, sort of, you
know, betting the moon on the craps table." That's a very good point. Much of the
money that's made in trading comes from being patient and waiting for your
edge—waiting for your opportunity. If you have the need for thrills,
you won't have that patience. You won't wait for your opportunity,
and you get in your own way.