Are You Sure You're Still Holding?

I’ve been blind sided several times on the show throughout the years from guests sharing their stories. Just when I think I know the end results of a story, I hear something completely different. While I can’t say it takes the top spot (it may!), I can say this episode’s guest, Taylor, has one of the most blindsiding moments in the show’s history. There’s no other way to say this than, his ego was out of control! As traders we 100% need confidence. There is no way you’ll have a chance at success without being bold and confident in your decisions. You need a strategy that you can be fully confident in and deploy without hesitation. The trouble with this confidence requirement is it carries with it the oftentimes easy transition into cockiness and ego. When a trader crosses this line, the results ultimately turn out in… unfavorable… ways. Taylor was brutally honest about his ego. He held nothing back and sugar coated nothing. His experience truly represents how bizarre and crazy the human mind can be. It also prompted us to have some really interesting discussions about how society has made trading that much harder. I enjoyed the conversation and I have no doubt you will too. Let’s go!