5min chapter

The AlphaMind Podcast  cover image

#27 How to Be Better as Traders

The AlphaMind Podcast

CHAPTER

How to Be More Comfortable With Uncertainty

This job is all about embracing uncertainty. You uncertainty is where theoppor ity lies. Butw we hate uncertainty though, you know. We try and find situations that are certain. The more certain we are,. the more we think we're going to make money on those. And we step away and ignore the opportunities which are less certain. Often our inability to properly calculate subjective probability gives us a false representation. Ten i expect an ty unexpected. I always used to think a good phrase was that what is about to happen has never happened before, ye, y.

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