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087: Tom Sosnoff – Speaks on Life Experiences, Trading Options, and Reaching Your Potential

Chat With Traders

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The Importance of Trading Psychology

I'm tired of enabling people and making, trying to make everybody feel good when the industry is conflicted. This industry makes money by managing other people's money and by selling fear. The only way to change that culture is to develop the know how yourself. And until we get people willing to take on that intellectual challenge, you know, we'll give ourselves a crutch and call it psychology. I don't even believe there's a psychological element to any card game, even poker or, you know,. or craps or anything else.

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