The Uncertainty/Certainty Dilemma

The Uncertainty/Certainty Dilemma

Update: 2023-03-011
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Description

Humans desire certainty. There is always that inbuilt obsession of the ‘need to be sure of everything’.

In trading, some are too obsessed with market and technical analysis which leads to self-doubt and missed opportunities. Because of the pain and fear of being wrong, some traders even choose to give up completely.

On the other hand, successful traders learn to accept the idea that trading has nothing to do with being right or wrong. 

In this episode of the Trading Psychology and Mindset Podcast, I uncover the key difference between successful traders and those who get washed up, and explain why trading is often called the greatest game on earth! This episode is a must-listen for any aspiring trader looking to up their game!

If you’ve enjoyed this episode, don’t forget to like, share, and subscribe for more. 

See you on the next one! 

Episode Highlights:

  • Welcome to The Trading Psychology and Mindset Podcast [00:00 ]
  • Some traders’ obsession with being great market or technical analysts [1:45 ]
  • Difference between successful traders and the typical ones [3:25 ]
  • Beliefs on randomness of the market [5:19 ]
  • To seek out certainty to keep us safe [7:48 ]
  • What to think about trading progress [9:32 ]
  • What the unevolved trader hasn’t figured out yet [13:03 ]

Connect with Ash Playsted:

See omnystudio.com/listener for privacy information.

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The Uncertainty/Certainty Dilemma

The Uncertainty/Certainty Dilemma

Ash Playsted