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Mike 📈📉
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Mike 📈📉
@Milekjo_
IMBALANCE TRADER | EXECUTION FOCUSED
MOTION Katılım Temmuz 2023
115 Takip Edilen77 Takipçiler

Why “Being Right” Is the Most Expensive Addiction in Trading
Most traders think they want profit.
But psychologically, what they are really chasing is being right.
Right about the direction.
Right about the entry.
Right about their analysis.
Right about proving something to themselves.
And this is where trading quietly becomes dangerous.
Because the moment “being right” becomes more important than “making money,” decisions stop being mathematical and start becoming emotional.
You hold losing trades longer than necessary, not because you believe in the setup, but because you don’t want to admit you were wrong.
You move stop losses, not to improve risk, but to protect ego.
You avoid closing trades early, even when logic says exit, because the brain is trying to earn the right to be correct.
But the market does not reward correctness.
It rewards discipline.
There are traders who are right 40% of the time and make money consistently.
There are traders who are right 70% of the time and still lose everything.
The difference is not prediction. It is detachment.
The professional trader learns a difficult truth early:
A loss does not mean you were wrong.
And a win does not mean you were right.
It only means the probability played out in a certain direction at that time.
The moment you stop needing the market to confirm your intelligence, your trading becomes lighter.
You stop fighting outcomes.
You start managing exposure.
And ironically that is when performance improves, not because you became smarter, but because you became less attached.
The market is not a place to prove yourself.
It is a place to survive uncertainty with structure.
And the traders who last are not the ones who are always right.
They are the ones who no longer need to be.
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@richard_mill_ Whatever decision you want to make just make sure it’s according to plan
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Execution in Trading is first a MINDSET thing before technical analysis thing
Read to the end ..
Let me explain ..
Impatience in trading has destroyed more trader than any other negative factor in trading as ever done
But guess what? Impatience in trading is mostly found among broke and indiscipline traders
There is calm and relax mindset that being profitable gives to you ,it is not complacent feeling but a calm state of mind to be able to wait cus you have funds so you are more of protecting what you have whole waiting for the opportunity to add more
So the mindset of being broke is enough to make you indiscipline and how you manifest that indiscipline is by being impatience both technically or risk wise ,but for broke traders it is impatience technically that is often seen in them ..
Being broke is a reality thing but acting as one that is broke is a mindset thing ..
You can be broke and your mindset is extremely rich and you can approach trading as one that is not broke
You are not quick to rush your plan or act impulses when it comes to analyzing the chart because you know patience is one of the biggest attributes for the wealthy..
Trading executions is a mindset game before a technical game
One thing about your mind is that in your mind you can choose to be anything you want without paying a dime 😌
Like me now I be trillionaire for my mind 😂😂don’t mind me but hope you understand my point now ..
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