A trader explains how confidence as self-security helps you overcome fear in markets. The video covers building genuine confidence rather than false bravado, and how that foundation lets you make clearer decisions when prices move against you.
A trader explains how confidence as self-security helps you overcome fear in markets. The video covers building genuine confidence rather than false bravado, and how that foundation lets you make clearer decisions when prices move against you.
But what this guy, Chase Hughes, what he had to say, and I really liked it because it was extremely succinct. But if you come down, it's like really at the very core of confidence. Said confidence is security in yourself. You can have confidence in the things around you, you can have confidence in your car, you can have confidence in your trading system, your method, your strategy. But for you to really have true confidence, you got to have the confidence in yourself in operating it. That's where true confidence comes from. That's where fear goes away, is when you have that true confidence to take your strategy to the market and trade it effectively and deal with the uncertainties that are related to trading, the dynamic environment that it is. But you have the confidence to go to the markets every day and know that you're okay, you know that you're going to survive, you're not going to get crushed, you're not going to happen. All these problems that our fears like to throw at us, no, you don't have that because you know that you're skilled up, you know that you're good, you know that you're good with this. Again, it's a well founded confidence and it's a confidence in yourself.
