This is a YouTube video titled "How Your Brain Learns From Every Mistake!" containing a monologue or talk focused on human nature and decision-making processes, particularly in trading, explaining how experience shapes responses and builds an edge. The speaker discusses psychological and behavioral patterns related to confidence and learning from past outcomes.
The wonderful thing about human nature and computer programs is once a response, whether it's fear or confidence or exhaustion, whatever, but once we have that response has been triggered and we see it start playing out, now we have this map. We say, oh, yes, I've seen this before. I know how to respond now. I know what to do, I know what to expect. And I had. I totally know how to take advantage of this. And I know because I probably tested it and everything, Tom I know that I can expect to be right 50, 60, 80% of the time. Not always going to be right, but enough of the time that I'm profitable. That's how we get a real strong edge as a trader.
