Fear Of Being Wrong in Trading
We are hardwired to be right and are awarded throughout our life pursuing what is right while being punished if we are wrong. From an early age, we learn to avoid the embarrassment of being wrong.
Trading success does not rely on one being right all the time or even on the IQ of the person. The outcome is equality reliant on the emotional makeup of the person.
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Benefits of Being Wrong
- Accepting vulnerability
- Embracing a learning mind
- Opening to new possibilities
- Prioritizing self-growth over reputation.
We default to being right all the time. Realizing that it's Ok to be wrong takes practice and the first step towards it is accept...
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