Mind Over Markets: Trading Psychology Podcast The Confidence Gap: Why Conviction Isn’t Enough Until You Execute Without Hesitation
You can have conviction in your process, but if you hesitate when it’s time to place the trade, conviction doesn’t matter. In this episode of Mind Over Markets, George Papazov unpacks the “confidence gap” — the space between knowing your setup is valid and actually executing it without hesitation.
You’ll discover how the gap shows up in hesitation, early exits, over-management, and under-sizing, and learn how to close it through repetition, visualization, and NLP reframes. Confidence is conviction in action — and when you build it, consistency finally arrives.
Key Takeaways
Conviction is belief; confidence is belief expressed through execution.
The confidence gap shows up as hesitation, cutting winners short, tinkering with trades, or sizing down out of fear.
You don’t think your way into confidence — you act your way into it through small, repeated reps.
- Visualization, anchoring, and process-focused “micro wins” help build confidence under pressure.
- Confidence turns conviction into consistency — it’s the bridge between knowing and doing.
Episode Resources
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