The Holistic Approach to Becoming a Successful Trader in 2024 (Mike Bellafiore & Brett Steenbarger)
The TraderLion Podcast
00:00
Improving Trading Performance Through Process-Oriented Approach
The chapter emphasizes the importance of focusing on the process rather than just results in trading, highlighting continuous improvement, self-assessment, and identifying strengths. It discusses the significance of addressing psychological factors impacting risk management decisions and starting with simulation trading to learn without risking capital. The speakers stress the need to adapt to changing market conditions, set and respect risk limits, and gradually transition from demo to live trading to enhance trading performance and psychology.
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