Trader Mindset

How doing the 'hard thing' improves your performance

Jun 9, 2025
Confronting challenges is vital for success in trading. Embracing bold actions helps overcome fears and enhances performance. A solid plan is essential for achieving your goals. The discussion reveals how tackling the hard things can lead to significant improvements and a more resilient mindset.
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ADVICE

Embrace Hard Trading Challenges

  • Do the hard thing in trading that you are avoiding to improve performance.
  • Face the feelings you don’t want to feel because your goals might be on the other side of them.
INSIGHT

Trade Big to Gain Big

  • Legends make big returns by trading large and using leverage, not by playing it safe.
  • Their actions align with ambitious goals, unlike traders who settle for minimal gains.
ADVICE

Use Protective Stops Wisely

  • When your trade moves up, sell half and raise your protective stop to break even.
  • Avoid feel-good decisions that reduce risk too early, as they hurt profits.
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