Information & Self-Awareness: The Two Keys to Success in Trading!
Dr. David Paul shares the two most important factors for trading success: information and self-awareness. 📊 While having solid information channels is crucial, he emphasizes that self-awareness is everything. With more trading psychologists than traders today, understanding yourself is key to staying ahead in the markets.
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I have a Ph.D. in mechanical engineering.
I think in trading, you need two things:
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you need information, and you need self-awareness.
And certainly, my background as an engineer has
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helped put those information channels into
place. I think that when that's in place,
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it becomes quite a small part of
the puzzle. And self-awareness is
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everything. And there's enough—a lot of
trading psychologists around these days.
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In fact, I think there's probably more
trading psychologists than there are
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traders. But it's really, really important
that you get those two little facets in place:
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information and self-awareness. So
that has certainly helped in the first.
