Assume Intelligence and Hold Conviction in Trading

In trading, it is crucial to assume that everyone in the market is intelligent, even if it may not be true. This mindset helps in making strategic decisions. Additionally, traders need to differentiate between high conviction trades that require sticking to the plan despite short-term setbacks, believing that the trade will eventually be successful.

Transcript

Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.