A short YouTube commentary by Kardec Trader arguing that much social-media trading advice is misleading. The speaker claims 'trading psychology' is over-emphasized and argues traders should first master and validate a trading strategy (through backtesting and forward testing) before blaming losses on psychology; only after scaling money does psychology become relevant.
Most of the stuff that we do see in social media is bs. Even psychology, like trading psychology, in a way, is a marketing gimmick because trading psychology is not a real thing. Until you know how to trade, you can't go into the markets and say, I suck because of my psychology. No, you suck because you don't know what you're doing until you know what you're doing. And you have proven it. You forward tested, you back tested, you have applied this strategy, you have seen it work over time, over time. And then when you start throwing more and more money in, now you can use the word psychology.
